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FAIRWAY TECHNOLOGIES, INC. 401K PLAN 401k Plan overview

Plan NameFAIRWAY TECHNOLOGIES, INC. 401K PLAN
Plan identification number 001

FAIRWAY TECHNOLOGIES, INC. 401K 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.
  • 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.

401k Sponsoring company profile

FAIRWAY TECHNOLOGIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:FAIRWAY TECHNOLOGIES, INC.
Employer identification number (EIN):020551852
NAIC Classification:541511
NAIC Description:Custom Computer Programming Services

Additional information about FAIRWAY TECHNOLOGIES, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2018-07-17
Company Identification Number: 0803069208
Legal Registered Office Address: 4370 LA JOLLA VILLAGE DR STE 500

SAN DIEGO
United States of America (USA)
92122

More information about FAIRWAY TECHNOLOGIES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FAIRWAY TECHNOLOGIES, INC. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012019-01-01MICHAEL MANNION2020-10-14
0012018-01-01SUSAN HASSELMANN2019-06-01
0012017-01-01DEVIN CORNELL2018-07-12
0012016-01-01DEVIN CORNELL2017-05-16
0012015-01-01BRETT HUMPHREY2016-06-10 BRETT HUMPHREY2016-06-10
0012014-01-01BRETT HUMPHREY2015-10-08 BRETT HUMPHREY2015-10-08
0012013-01-01BRETT HUMPHREY2014-07-14 BRETT HUMPHREY2014-07-14
0012012-01-01BRETT HUMPHREY BRETT HUMPHREY2013-07-15
0012011-01-01BRETT HUMPHREY
0012009-01-01BRETT HUMPHREY

Financial Data on FAIRWAY TECHNOLOGIES, INC. 401K PLAN

Measure Date Value
2012 : FAIRWAY TECHNOLOGIES, INC. 401K PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total income from all sources2012-12-31$129,718
Expenses. Total of all expenses incurred2012-12-31$25,694
Benefits paid (including direct rollovers)2012-12-31$0
Total plan assets at end of year2012-12-31$400,763
Total plan assets at beginning of year2012-12-31$296,739
Value of fidelity bond covering the plan2012-12-31$25,000
Total contributions received or receivable from participants2012-12-31$71,917
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$32,748
Other income received2012-12-31$25,053
Net income (gross income less expenses)2012-12-31$104,024
Net plan assets at end of year (total assets less liabilities)2012-12-31$400,763
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$296,739
Assets. Value of participant loans2012-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022012-12-31$29,485
Total contributions received or receivable from employer(s)2012-12-31$0
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$25,694
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$0
Amount contributed by the employer to the plan for this plan year2012-12-31$0
2011 : FAIRWAY TECHNOLOGIES, INC. 401K PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total income from all sources2011-12-31$13,528
Expenses. Total of all expenses incurred2011-12-31$16,009
Benefits paid (including direct rollovers)2011-12-31$15,564
Total plan assets at end of year2011-12-31$296,739
Total plan assets at beginning of year2011-12-31$299,220
Value of fidelity bond covering the plan2011-12-31$25,000
Total contributions received or receivable from participants2011-12-31$45,132
Expenses. Other expenses not covered elsewhere2011-12-31$445
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-31,604
Net income (gross income less expenses)2011-12-31$-2,481
Net plan assets at end of year (total assets less liabilities)2011-12-31$296,739
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$299,220
Assets. Value of participant loans2011-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022011-12-31$18,816
Total contributions received or receivable from employer(s)2011-12-31$0
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$0
Amount contributed by the employer to the plan for this plan year2011-12-31$0
2009 : FAIRWAY TECHNOLOGIES, INC. 401K PLAN 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$0
Amount contributed by the employer to the plan for this plan year2009-12-31$0

Form 5500 Responses for FAIRWAY TECHNOLOGIES, INC. 401K PLAN

2012: FAIRWAY TECHNOLOGIES, INC. 401K PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: FAIRWAY TECHNOLOGIES, INC. 401K PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2009: FAIRWAY TECHNOLOGIES, INC. 401K PLAN 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 – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-812408
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-812408
Policy instance 1

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