401k Plan data: plan

Benefits

401k Plan Type

Defined 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.
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

SORENSON ENGINEERING, INC. has sponsored the creation of one or more 401k plans.

Company Name: SORENSON ENGINEERING, INC.

Employer identification number (EIN): 952104584

NAIC Classification: 332700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2022-09-01 PATRICIA ORTEGA 2024-06-14
003 2021-09-01 PATRICIA ORTEGA 2023-06-13
003 2020-09-01 PATRICIA ORTEGA 2022-06-07
003 2019-09-01 PATRICIA ORTEGA 2021-04-23

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
003	2022-09-01	PATRICIA ORTEGA	2024-06-14
003	2021-09-01	PATRICIA ORTEGA	2023-06-13
003	2020-09-01	PATRICIA ORTEGA	2022-06-07
003	2019-09-01	PATRICIA ORTEGA	2021-04-23

Plan Statistics for

401k plan membership statisitcs for

Measure Date Value
2025: 2025 401k membership
Total number of particpants at beginning of year 2025-06-13 145
Total number of particpants at end of year 2025-06-13 139
Number of Participants With Account Balances 2025-06-13 78

Measure	Date	Value
2025: 2025 401k membership
Total number of particpants at beginning of year	2025-06-13	145
Total number of particpants at end of year	2025-06-13	139
Number of Participants With Account Balances	2025-06-13	78

Financial Data on

Measure	Date	Value
2025 : 2025 401k financial data
Total liabilities as of the end of the plan year	2025-06-13	22288
Total liabilities as of the beginning of the plan year	2025-06-13	2697
Total expenses incurred by plan in this plan year	2025-06-13	209068
Net assets as of the end of the plan year	2025-06-13	3320943
Total assets as of the beginning of the plan year	2025-06-13	2406015
Value of plan covered by a fidelity bond	2025-06-13	500000
Participant contributions to plan in this plan year	2025-06-13	197793
Value of participant loans at end of plan year	2025-06-13	220129
Other contributions to plan in this plan year	2025-06-13	20228
Other income to plan in this plan year	2025-06-13	782332
Plan net income in this plan year	2025-06-13	895337
Net assets as of the end of the plan year	2025-06-13	3298655
Net assets as of the beginning of the plan year	2025-06-13	2403318
Employer contributions to plan in this plan year	2025-06-13	104052
Expensese paid to adminstrative service provicers from plan in this plan year	2025-06-13	5267

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	SORENSON ENGINEERING, INC.
Employer identification number (EIN):	952104584
NAIC Classification:	332700