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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.
  • 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)).

Form 5500 Filing Information

Submission information for form 5500 for 401k plan

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MICHAEL VANDERFORD2024-09-19
0012022-01-01MICHAEL VANDERFORD2023-09-22
0012021-01-01IVELINA ATANASOVA2022-07-26
0012021-01-01IVELINA ATANASOVA2022-07-27
0012020-01-01IVELINA ATANASOVA2021-03-05

Plan Statistics for

401k plan membership statisitcs for

Measure Date Value
2025: 2025 401k membership
Total number of particpants at beginning of year2025-09-083
Total number of particpants at end of year2025-09-082
Number of Participants With Account Balances2025-09-081
2024: 2024 401k membership
Total number of particpants at beginning of year2024-09-193
Total number of particpants at end of year2024-09-193
Number of Participants With Account Balances2024-09-192
2022: 2022 401k membership
Total number of particpants at beginning of year2022-07-273
Total number of particpants at end of year2022-07-273
Number of Participants With Account Balances2022-07-272

Financial Data on

Measure Date Value
2025 : 2025 401k financial data
Total liabilities as of the end of the plan year2025-09-080
Total liabilities as of the beginning of the plan year2025-09-080
Total expenses incurred by plan in this plan year2025-09-0833480
Net assets as of the end of the plan year2025-09-08285073
Total assets as of the beginning of the plan year2025-09-08263441
Value of plan covered by a fidelity bond2025-09-0830000
Participant contributions to plan in this plan year2025-09-0822784
Other expenses paid from plan in this plan year2025-09-080
Other contributions to plan in this plan year2025-09-080
Other income to plan in this plan year2025-09-0828670
Plan net income in this plan year2025-09-0821632
Net assets as of the end of the plan year2025-09-08285073
Net assets as of the beginning of the plan year2025-09-08263441
Employer contributions to plan in this plan year2025-09-083658
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-082344
2024 : 2024 401k financial data
Total transfers to/from plan in this plan year2024-09-190
Total liabilities as of the end of the plan year2024-09-190
Total liabilities as of the beginning of the plan year2024-09-190
Total expenses incurred by plan in this plan year2024-09-191700
Net assets as of the end of the plan year2024-09-19263441
Total assets as of the beginning of the plan year2024-09-19187507
Value of plan covered by a fidelity bond2024-09-1930000
Participant contributions to plan in this plan year2024-09-1938581
Other expenses paid from plan in this plan year2024-09-190
Other contributions to plan in this plan year2024-09-190
Other income to plan in this plan year2024-09-1933991
Plan net income in this plan year2024-09-1975934
Net assets as of the end of the plan year2024-09-19263441
Net assets as of the beginning of the plan year2024-09-19187507
Employer contributions to plan in this plan year2024-09-195062
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-191700
2022 : 2022 401k financial data
Total expenses incurred by plan in this plan year2022-07-271302
Net assets as of the end of the plan year2022-07-27219108
Total assets as of the beginning of the plan year2022-07-27169222
Value of plan covered by a fidelity bond2022-07-2730000
Participant contributions to plan in this plan year2022-07-2720927
Other contributions to plan in this plan year2022-07-270
Other income to plan in this plan year2022-07-2723972
Plan net income in this plan year2022-07-2749886
Net assets as of the end of the plan year2022-07-27219108
Net assets as of the beginning of the plan year2022-07-27169222
Employer contributions to plan in this plan year2022-07-276289
Fees paid to broker by Benefit Provider2022-07-27255
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-27769

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