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401(K) RETIREMENT SAVINGS PLAN 401k Plan overview

Plan Name401(K) RETIREMENT SAVINGS PLAN
Plan identification number 001

401(K) RETIREMENT SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

EQUIX HOLDINGS, INC. has sponsored the creation of one or more 401k plans.

Company Name:EQUIX HOLDINGS, INC.
Employer identification number (EIN):853508497
NAIC Classification:237990
NAIC Description:Other Heavy and Civil Engineering Construction

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 401(K) RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01

Plan Statistics for 401(K) RETIREMENT SAVINGS PLAN

401k plan membership statisitcs for 401(K) RETIREMENT SAVINGS PLAN

Measure Date Value
2022: 401(K) RETIREMENT SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-011,007
Total number of active participants reported on line 7a of the Form 55002022-01-01847
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-01126
Total of all active and inactive participants2022-01-01973
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-011
Total participants2022-01-01974
Number of participants with account balances2022-01-01523
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0130
2021: 401(K) RETIREMENT SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-011,093
Total number of active participants reported on line 7a of the Form 55002021-01-01810
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-01123
Total of all active and inactive participants2021-01-01933
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-013
Total participants2021-01-01936
Number of participants with account balances2021-01-01537
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0172

Financial Data on 401(K) RETIREMENT SAVINGS PLAN

Measure Date Value
2022 : 401(K) RETIREMENT SAVINGS PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-49,094
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$3,201,204
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$3,098,967
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$4,464,698
Value of total assets at end of year2022-12-31$24,345,014
Value of total assets at beginning of year2022-12-31$27,595,312
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$102,237
Total interest from all sources2022-12-31$248
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$357,770
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$357,770
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$5,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$2,432,154
Participant contributions at end of year2022-12-31$2,685
Participant contributions at beginning of year2022-12-31$8,869
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$853,459
Other income not declared elsewhere2022-12-31$6,664
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-3,250,298
Value of net assets at end of year (total assets less liabilities)2022-12-31$24,345,014
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$27,595,312
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$39,597
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$20,330,039
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$24,012,958
Interest on participant loans2022-12-31$248
Value of interest in common/collective trusts at end of year2022-12-31$3,971,661
Value of interest in common/collective trusts at beginning of year2022-12-31$3,454,292
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-4,848,874
Net investment gain or loss from common/collective trusts2022-12-31$-29,600
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$1,179,085
Employer contributions (assets) at end of year2022-12-31$40,629
Employer contributions (assets) at beginning of year2022-12-31$119,193
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$3,098,967
Contract administrator fees2022-12-31$62,640
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Qualified
Accountancy firm name2022-12-31GRANT THORNTON LLP
Accountancy firm EIN2022-12-31366055558
2021 : 401(K) RETIREMENT SAVINGS PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets to this plan2021-12-31$2,789,867
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$7,578,663
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$5,642,082
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$5,510,755
Value of total corrective distributions2021-12-31$15,338
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$3,902,538
Value of total assets at end of year2021-12-31$27,595,312
Value of total assets at beginning of year2021-12-31$22,868,864
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$115,989
Total interest from all sources2021-12-31$824
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$341,392
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$341,392
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$5,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$2,268,064
Participant contributions at end of year2021-12-31$8,869
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$284,221
Other income not declared elsewhere2021-12-31$5,272
Administrative expenses (other) incurred2021-12-31$32,414
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$1,936,581
Value of net assets at end of year (total assets less liabilities)2021-12-31$27,595,312
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$22,868,864
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$39,807
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$24,012,958
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$19,447,020
Interest on participant loans2021-12-31$824
Value of interest in common/collective trusts at end of year2021-12-31$3,454,292
Value of interest in common/collective trusts at beginning of year2021-12-31$3,421,844
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$3,156,429
Net investment gain or loss from common/collective trusts2021-12-31$172,208
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$1,350,253
Employer contributions (assets) at end of year2021-12-31$119,193
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$5,510,755
Contract administrator fees2021-12-31$43,768
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Qualified
Accountancy firm name2021-12-31GRANT THORNTON
Accountancy firm EIN2021-12-31366055558

Form 5500 Responses for 401(K) RETIREMENT SAVINGS PLAN

2022: 401(K) RETIREMENT SAVINGS PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: 401(K) RETIREMENT SAVINGS PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes

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