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CALIFORNIA PROPERTY MASTERS, INC. 401K PLAN 401k Plan overview

Plan NameCALIFORNIA PROPERTY MASTERS, INC. 401K PLAN
Plan identification number 001

CALIFORNIA PROPERTY MASTERS, INC. 401K 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.
  • 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

CALIFORNIA PROPERTY MASTERS, INC. has sponsored the creation of one or more 401k plans.

Company Name:CALIFORNIA PROPERTY MASTERS, INC.
Employer identification number (EIN):923740379

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CALIFORNIA PROPERTY MASTERS, INC. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-03
0012024-01-03GHOLAMREZA SHAFAZAND

Financial Data on CALIFORNIA PROPERTY MASTERS, INC. 401K PLAN

Measure Date Value
2024 : CALIFORNIA PROPERTY MASTERS, INC. 401K PLAN 2024 401k financial data
Transfers to/from the plan2024-06-30$0
Total plan liabilities at beginning of year2024-06-30$0
Total income from all sources2024-06-30$156,120
Expenses. Total of all expenses incurred2024-06-30$170
Benefits paid (including direct rollovers)2024-06-30$0
Total plan assets at end of year2024-06-30$155,950
Total plan assets at beginning of year2024-06-30$0
Total contributions received or receivable from participants2024-06-30$0
Expenses. Other expenses not covered elsewhere2024-06-30$170
Contributions received from other sources (not participants or employers)2024-06-30$175,580
Other income received2024-06-30$-19,460
Noncash contributions received2024-06-30$0
Net income (gross income less expenses)2024-06-30$155,950
Net plan assets at end of year (total assets less liabilities)2024-06-30$155,950
Net plan assets at beginning of year (total assets less liabilities)2024-06-30$0
Assets. Value of employer securities2024-06-30$155,949
Total contributions received or receivable from employer(s)2024-06-30$0
Value of certain deemed distributions of participant loans2024-06-30$0
Value of corrective distributions2024-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2024-06-30$0

Form 5500 Responses for CALIFORNIA PROPERTY MASTERS, INC. 401K PLAN

2024: CALIFORNIA PROPERTY MASTERS, INC. 401K PLAN 2024 form 5500 responses
2024-01-03Type of plan entitySingle employer plan
2024-01-03First time form 5500 has been submittedYes
2024-01-03Submission has been amendedNo
2024-01-03This submission is the final filingNo
2024-01-03This return/report is a short plan year return/report (less than 12 months)Yes
2024-01-03Plan is a collectively bargained planNo
2024-01-03Plan funding arrangement – TrustYes
2024-01-03Plan benefit arrangement - TrustYes

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