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THE TOY TREE INC 401(K) PLAN 401k Plan overview

Plan NameTHE TOY TREE INC 401(K) PLAN
Plan identification number 001

THE TOY TREE INC 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • 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

THE TOY TREE INC has sponsored the creation of one or more 401k plans.

Company Name:THE TOY TREE INC
Employer identification number (EIN):883673810
NAIC Classification:451120
NAIC Description:Hobby, Toy, and Game Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE TOY TREE INC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-08-01
0012023-08-01WILLIAM DAVID SANDERS
0012022-08-09
0012022-08-09WILLIAM DAVID SANDERS

Financial Data on THE TOY TREE INC 401(K) PLAN

Measure Date Value
2024 : THE TOY TREE INC 401(K) PLAN 2024 401k financial data
Transfers to/from the plan2024-07-31$0
Total plan liabilities at end of year2024-07-31$0
Total plan liabilities at beginning of year2024-07-31$0
Total income from all sources2024-07-31$0
Expenses. Total of all expenses incurred2024-07-31$0
Benefits paid (including direct rollovers)2024-07-31$0
Total plan assets at end of year2024-07-31$249,980
Total plan assets at beginning of year2024-07-31$249,980
Total contributions received or receivable from participants2024-07-31$0
Expenses. Other expenses not covered elsewhere2024-07-31$0
Contributions received from other sources (not participants or employers)2024-07-31$0
Other income received2024-07-31$0
Noncash contributions received2024-07-31$0
Net income (gross income less expenses)2024-07-31$0
Net plan assets at end of year (total assets less liabilities)2024-07-31$249,980
Net plan assets at beginning of year (total assets less liabilities)2024-07-31$249,980
Assets. Value of employer securities2024-07-31$249,980
Total contributions received or receivable from employer(s)2024-07-31$0
Value of certain deemed distributions of participant loans2024-07-31$0
Value of corrective distributions2024-07-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2024-07-31$0
2023 : THE TOY TREE INC 401(K) PLAN 2023 401k financial data
Total income from all sources2023-07-31$250,000
Expenses. Total of all expenses incurred2023-07-31$20
Total plan assets at end of year2023-07-31$249,980
Total plan assets at beginning of year2023-07-31$0
Contributions received from other sources (not participants or employers)2023-07-31$250,000
Net income (gross income less expenses)2023-07-31$249,980
Net plan assets at end of year (total assets less liabilities)2023-07-31$249,980
Net plan assets at beginning of year (total assets less liabilities)2023-07-31$0
Assets. Value of employer securities2023-07-31$249,980
Expenses. Administrative service providers (salaries,fees and commissions)2023-07-31$20

Form 5500 Responses for THE TOY TREE INC 401(K) PLAN

2023: THE TOY TREE INC 401(K) PLAN 2023 form 5500 responses
2023-08-01Type of plan entitySingle employer plan
2023-08-01Submission has been amendedNo
2023-08-01This submission is the final filingNo
2023-08-01This return/report is a short plan year return/report (less than 12 months)No
2023-08-01Plan is a collectively bargained planNo
2023-08-01Plan funding arrangement – TrustYes
2023-08-01Plan benefit arrangement - TrustYes
2022: THE TOY TREE INC 401(K) PLAN 2022 form 5500 responses
2022-08-09Type of plan entitySingle employer plan
2022-08-09First time form 5500 has been submittedYes
2022-08-09Submission has been amendedNo
2022-08-09This submission is the final filingNo
2022-08-09This return/report is a short plan year return/report (less than 12 months)Yes
2022-08-09Plan is a collectively bargained planNo
2022-08-09Plan funding arrangement – TrustYes
2022-08-09Plan benefit arrangement - TrustYes

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