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FULL CIRCLE WELLNESS COLLECTIVE, INC. 401(K) PLAN 401k Plan overview

Plan NameFULL CIRCLE WELLNESS COLLECTIVE, INC. 401(K) PLAN
Plan identification number 001

FULL CIRCLE WELLNESS COLLECTIVE, INC. 401(K) 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.

401k Sponsoring company profile

Full Circle Wellness Collective Inc. Full Circle Wellness Collective Inc. has sponsored the creation of one or more 401k plans.

Company Name:Full Circle Wellness Collective Inc. Full Circle Wellness Collective Inc.
Employer identification number (EIN):921387823
NAIC Classification:812990
NAIC Description:All Other Personal Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FULL CIRCLE WELLNESS COLLECTIVE, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01SHIRLEY HORNER2024-11-19
0012023-10-01NICK RICE2024-09-03

Plan Statistics for FULL CIRCLE WELLNESS COLLECTIVE, INC. 401(K) PLAN

401k plan membership statisitcs for FULL CIRCLE WELLNESS COLLECTIVE, INC. 401(K) PLAN

Measure Date Value
2024: FULL CIRCLE WELLNESS COLLECTIVE, INC. 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-11-191
Total number of particpants at end of year2024-11-190
Number of Participants With Account Balances2024-11-190
Total number of particpants at beginning of year2024-09-031
Total number of particpants at end of year2024-09-031
Number of Participants With Account Balances2024-09-031

Financial Data on FULL CIRCLE WELLNESS COLLECTIVE, INC. 401(K) PLAN

Measure Date Value
2024 : FULL CIRCLE WELLNESS COLLECTIVE, INC. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-11-19322
Net assets as of the end of the plan year2024-11-190
Total assets as of the beginning of the plan year2024-11-19297
Value of plan covered by a fidelity bond2024-11-191000
Other income to plan in this plan year2024-11-1925
Plan net income in this plan year2024-11-19-297
Net assets as of the end of the plan year2024-11-190
Net assets as of the beginning of the plan year2024-11-19297
Expensese paid to adminstrative service provicers from plan in this plan year2024-11-1955
Total expenses incurred by plan in this plan year2024-09-030
Net assets as of the end of the plan year2024-09-03297
Value of plan covered by a fidelity bond2024-09-031000
Participant contributions to plan in this plan year2024-09-03200
Other income to plan in this plan year2024-09-0327
Plan net income in this plan year2024-09-03297
Net assets as of the end of the plan year2024-09-03297
Net assets as of the beginning of the plan year2024-09-030
Employer contributions to plan in this plan year2024-09-0370

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