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FAR WEST MANAGEMENT CORP. PROFIT SHARING PLAN 401k Plan overview

Plan NameFAR WEST MANAGEMENT CORP. PROFIT SHARING PLAN
Plan identification number 001

FAR WEST MANAGEMENT CORP. PROFIT SHARING 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.
  • 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

FAR WEST MANAGEMENT CORP. has sponsored the creation of one or more 401k plans.

Company Name:FAR WEST MANAGEMENT CORP.
Employer identification number (EIN):952575351
NAIC Classification:531310

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FAR WEST MANAGEMENT CORP. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01RICHARD A. FRANKLIN2016-02-17
0012014-01-01RICHARD A. FRANKLIN2015-02-19
0012013-01-01RICHARD A. FRANKLIN2014-02-26
0012012-01-01RICHARD A. FRANKLIN2013-02-27
0012011-01-01RICHARD A. FRANKLIN2012-03-06 RICHARD A. FRANKLIN2012-03-06
0012010-01-01RICHARD A. FRANKLIN2011-03-02

Plan Statistics for FAR WEST MANAGEMENT CORP. PROFIT SHARING PLAN

401k plan membership statisitcs for FAR WEST MANAGEMENT CORP. PROFIT SHARING PLAN

Measure Date Value
2025: FAR WEST MANAGEMENT CORP. PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-08-1862
Total number of particpants at end of year2025-08-1863
Number of Participants With Account Balances2025-08-1849
2024: FAR WEST MANAGEMENT CORP. PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-04-2558
Total number of particpants at end of year2024-04-2561
Number of Participants With Account Balances2024-04-2561

Financial Data on FAR WEST MANAGEMENT CORP. PROFIT SHARING PLAN

Measure Date Value
2025 : FAR WEST MANAGEMENT CORP. PROFIT SHARING PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-08-187010
Total expenses incurred by plan in this plan year2025-08-181728746
Net assets as of the end of the plan year2025-08-1814303037
Total assets as of the beginning of the plan year2025-08-1815052711
Value of plan covered by a fidelity bond2025-08-1813000000
Value of participant loans at end of plan year2025-08-18102411
Other income to plan in this plan year2025-08-18986082
Plan net income in this plan year2025-08-18-742664
Net assets as of the end of the plan year2025-08-1814303037
Net assets as of the beginning of the plan year2025-08-1815045701
2024 : FAR WEST MANAGEMENT CORP. PROFIT SHARING PLAN 2024 401k financial data
Total liabilities as of the end of the plan year2024-04-257010
Total liabilities as of the beginning of the plan year2024-04-250
Total expenses incurred by plan in this plan year2024-04-25932588
Net assets as of the end of the plan year2024-04-2515052711
Total assets as of the beginning of the plan year2024-04-2514116461
Value of plan covered by a fidelity bond2024-04-251000000
Participant contributions to plan in this plan year2024-04-250
Value of participant loans at end of plan year2024-04-25131888
Other contributions to plan in this plan year2024-04-250
Other income to plan in this plan year2024-04-251447831
Plan net income in this plan year2024-04-25929240
Net assets as of the end of the plan year2024-04-2515045701
Net assets as of the beginning of the plan year2024-04-2514116461
Employer contributions to plan in this plan year2024-04-25413997
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-250

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