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J & A RENTS AND SELLS, INC. DBA A RENTAL CONNECTION 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameJ & A RENTS AND SELLS, INC. DBA A RENTAL CONNECTION 401(K) PROFIT SHARING PLAN
Plan identification number 001

J & A RENTS AND SELLS, INC. DBA A RENTAL CONNECTION 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.

401k Sponsoring company profile

J AND A RENTS AND SELLS, INC. has sponsored the creation of one or more 401k plans.

Company Name:J AND A RENTS AND SELLS, INC.
Employer identification number (EIN):954664453
NAIC Classification:532289
NAIC Description:All Other Consumer Goods Rental

Form 5500 Filing Information

Submission information for form 5500 for 401k plan J & A RENTS AND SELLS, INC. DBA A RENTAL CONNECTION 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01OMAR IQBAL2024-10-08 OMAR IQBAL2024-10-08
0012022-01-01OMAR IQBAL2023-09-15 OMAR IQBAL2023-09-15
0012021-01-01LES SUMPTER2022-10-06 LES SUMPTER2022-10-06
0012021-01-01LES SUMPTER2022-10-06 LES SUMPTER2022-10-06
0012020-01-01LESLIE SUMPTER2021-06-29
0012019-01-01LES SUMPTER2020-07-03
0012018-01-01LESLIE HOWARD SUMPTER2019-05-28
0012017-01-01LESLIE HOWARD SUMPTER2018-05-30
0012016-01-01LESLIE HOWARD SUMPTER2017-07-27
0012015-01-01LES SUMPTER2016-06-14
0012014-01-01RECBGM122015-07-02
0012013-01-01LES SUMPTER2014-07-07
0012012-01-01LESLIE SUMPTER2013-05-13
0012011-01-01LES SUMPTER2012-04-03 LES SUMPTER2012-04-03
0012010-01-01LESLIE SUMPTER2011-04-21 LESLIE SUMPTER2011-04-21

Plan Statistics for J & A RENTS AND SELLS, INC. DBA A RENTAL CONNECTION 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for J & A RENTS AND SELLS, INC. DBA A RENTAL CONNECTION 401(K) PROFIT SHARING PLAN

Measure Date Value
2024: J & A RENTS AND SELLS, INC. DBA A RENTAL CONNECTION 401(K) PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-0845
Total number of particpants at end of year2024-10-0832
Number of Participants With Account Balances2024-10-0816
2022: J & A RENTS AND SELLS, INC. DBA A RENTAL CONNECTION 401(K) PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-10-0650
Total number of particpants at end of year2022-10-0644
Number of Participants With Account Balances2022-10-0625

Financial Data on J & A RENTS AND SELLS, INC. DBA A RENTAL CONNECTION 401(K) PROFIT SHARING PLAN

Measure Date Value
2024 : J & A RENTS AND SELLS, INC. DBA A RENTAL CONNECTION 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-08400668
Net assets as of the end of the plan year2024-10-08538329
Total assets as of the beginning of the plan year2024-10-08750518
Value of plan covered by a fidelity bond2024-10-08100000
Participant contributions to plan in this plan year2024-10-0848416
Value of participant loans at end of plan year2024-10-0836737
Other income to plan in this plan year2024-10-08107587
Plan net income in this plan year2024-10-08-212189
Net assets as of the end of the plan year2024-10-08538329
Net assets as of the beginning of the plan year2024-10-08750518
Employer contributions to plan in this plan year2024-10-0832476
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-089421
2022 : J & A RENTS AND SELLS, INC. DBA A RENTAL CONNECTION 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-06106811
Net assets as of the end of the plan year2022-10-06795823
Total assets as of the beginning of the plan year2022-10-06726187
Value of plan covered by a fidelity bond2022-10-06100000
Participant contributions to plan in this plan year2022-10-0648976
Value of participant loans at end of plan year2022-10-0613130
Other income to plan in this plan year2022-10-0699320
Plan net income in this plan year2022-10-0669636
Net assets as of the end of the plan year2022-10-06795823
Net assets as of the beginning of the plan year2022-10-06726187
Employer contributions to plan in this plan year2022-10-0628151
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-069072

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