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PROFIT SHARING PLAN FOR EMPLOYEES OF FUTABA CORPORATION OF AMERICA 401k Plan overview

Plan NamePROFIT SHARING PLAN FOR EMPLOYEES OF FUTABA CORPORATION OF AMERICA
Plan identification number 001

PROFIT SHARING PLAN FOR EMPLOYEES OF FUTABA CORPORATION OF AMERICA 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

FUTABA CORPORATION OF AMERICA has sponsored the creation of one or more 401k plans.

Company Name:FUTABA CORPORATION OF AMERICA
Employer identification number (EIN):952845307
NAIC Classification:335900

Additional information about FUTABA CORPORATION OF AMERICA

Jurisdiction of Incorporation: California Department of State
Incorporation Date:
Company Identification Number: C0683411

More information about FUTABA CORPORATION OF AMERICA

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROFIT SHARING PLAN FOR EMPLOYEES OF FUTABA CORPORATION OF AMERICA

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01ANN PITTS
0012024-01-01ANN PITTS
0012023-01-01ANN PITTS2024-10-04 ANN PITTS2024-10-04
0012022-01-01ANN PITTS2023-06-23 ANN PITTS2023-06-23
0012021-01-01REBECCA PITTS2022-08-11
0012020-01-01TARYN ELLEDGE2021-06-24 TARYN ELLEDGE2021-06-24
0012019-01-01JULIE MATHIS2020-06-22 JULIE MATHIS2020-06-22
0012018-01-01JULIE MATHIS2019-06-06 JULIE MATHIS2019-06-06
0012017-01-01JULIE MATHIS2018-06-22 JULIE MATHIS2018-06-22
0012016-01-01JULIE MATHIS2017-05-11 JULIE MATHIS2017-05-11
0012015-01-01JULIE MATHIS2016-07-21 JULIE MATHIS2016-07-21
0012014-01-01JULIE MATHIS2015-07-28 JULIE MATHIS2015-07-28
0012013-01-01JULIE MATHIS2014-06-05
0012012-01-01JULIE MATHIS2013-07-08
0012011-01-01SOFIA WILLIAMS2012-05-31
0012010-01-01SOFIA WILLIAMS2011-05-25
0012009-01-01
0012009-01-01SOFIA WILLIAMS

Financial Data on PROFIT SHARING PLAN FOR EMPLOYEES OF FUTABA CORPORATION OF AMERICA

Measure Date Value
2024 : PROFIT SHARING PLAN FOR EMPLOYEES OF FUTABA CORPORATION OF AMERICA 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-043918200
Total expenses incurred by plan in this plan year2024-10-042066318
Net assets as of the end of the plan year2024-10-048239173
Total assets as of the beginning of the plan year2024-10-045446157
Value of plan covered by a fidelity bond2024-10-04600000
Participant contributions to plan in this plan year2024-10-04101903
Value of participant loans at end of plan year2024-10-0480878
Other income to plan in this plan year2024-10-04807502
Plan net income in this plan year2024-10-04-1125184
Net assets as of the end of the plan year2024-10-048239173
Net assets as of the beginning of the plan year2024-10-045446157
Employer contributions to plan in this plan year2024-10-0431729
Fees paid to broker by Benefit Provider2024-10-043983
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-0424192
2022 : PROFIT SHARING PLAN FOR EMPLOYEES OF FUTABA CORPORATION OF AMERICA 2022 401k financial data
Total expenses incurred by plan in this plan year2022-08-113017948
Net assets as of the end of the plan year2022-08-116887318
Total assets as of the beginning of the plan year2022-08-118947428
Value of plan covered by a fidelity bond2022-08-11600000
Participant contributions to plan in this plan year2022-08-11177727
Value of participant loans at end of plan year2022-08-1162681
Other income to plan in this plan year2022-08-11733213
Plan net income in this plan year2022-08-11-2060110
Net assets as of the end of the plan year2022-08-116887318
Net assets as of the beginning of the plan year2022-08-118947428
Employer contributions to plan in this plan year2022-08-1146898
Fees paid to broker by Benefit Provider2022-08-117516
Expensese paid to adminstrative service provicers from plan in this plan year2022-08-1142146

Form 5500 Responses for PROFIT SHARING PLAN FOR EMPLOYEES OF FUTABA CORPORATION OF AMERICA

2009: PROFIT SHARING PLAN FOR EMPLOYEES OF FUTABA CORPORATION OF AMERICA 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Potentially related plans

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