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HIGH DESERT TIMES INC. RETIREMENT PLAN 401k Plan overview

Plan NameHIGH DESERT TIMES INC. RETIREMENT PLAN
Plan identification number 001

HIGH DESERT TIMES INC. RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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.

401k Sponsoring company profile

HIGH DESERT TIMES INC. has sponsored the creation of one or more 401k plans.

Company Name:HIGH DESERT TIMES INC.
Employer identification number (EIN):873597770
NAIC Classification:451212
NAIC Description:News Dealers and Newsstands

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HIGH DESERT TIMES INC. RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01STEPHEN LAPP
0012023-01-01
0012023-01-01STEPHEN LAPP
0012022-01-21
0012022-01-21STEPHEN LAPP

Financial Data on HIGH DESERT TIMES INC. RETIREMENT PLAN

Measure Date Value
2024 : HIGH DESERT TIMES INC. RETIREMENT PLAN 2024 401k financial data
Total income from all sources2024-01-01$8,408
Expenses. Total of all expenses incurred2024-01-01$0
Total plan assets at end of year2024-01-01$593,408
Total plan assets at beginning of year2024-01-01$585,000
Value of fidelity bond covering the plan2024-01-01$75,000
Other income received2024-01-01$8,408
Net income (gross income less expenses)2024-01-01$8,408
Net plan assets at end of year (total assets less liabilities)2024-01-01$593,408
Net plan assets at beginning of year (total assets less liabilities)2024-01-01$585,000
Assets. Value of employer securities2024-01-01$593,408
2023 : HIGH DESERT TIMES INC. RETIREMENT PLAN 2023 401k financial data
Total income from all sources2023-12-31$-50,113
Expenses. Total of all expenses incurred2023-12-31$0
Total plan assets at end of year2023-12-31$585,000
Total plan assets at beginning of year2023-12-31$635,113
Value of fidelity bond covering the plan2023-12-31$75,000
Other income received2023-12-31$-50,113
Net income (gross income less expenses)2023-12-31$-50,113
Net plan assets at end of year (total assets less liabilities)2023-12-31$585,000
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$635,113
Assets. Value of employer securities2023-12-31$585,000
2022 : HIGH DESERT TIMES INC. RETIREMENT PLAN 2022 401k financial data
Total income from all sources2022-12-31$635,143
Expenses. Total of all expenses incurred2022-12-31$30
Total plan assets at end of year2022-12-31$635,113
Value of fidelity bond covering the plan2022-12-31$75,000
Expenses. Other expenses not covered elsewhere2022-12-31$30
Contributions received from other sources (not participants or employers)2022-12-31$635,143
Net income (gross income less expenses)2022-12-31$635,113
Net plan assets at end of year (total assets less liabilities)2022-12-31$635,113
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$0
Assets. Value of employer securities2022-12-31$635,113

Form 5500 Responses for HIGH DESERT TIMES INC. RETIREMENT PLAN

2023: HIGH DESERT TIMES INC. RETIREMENT PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: HIGH DESERT TIMES INC. RETIREMENT PLAN 2022 form 5500 responses
2022-01-21Type of plan entitySingle employer plan
2022-01-21First time form 5500 has been submittedYes
2022-01-21Submission has been amendedNo
2022-01-21This submission is the final filingNo
2022-01-21This return/report is a short plan year return/report (less than 12 months)Yes
2022-01-21Plan is a collectively bargained planNo
2022-01-21Plan funding arrangement – TrustYes
2022-01-21Plan benefit arrangement - TrustYes

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