401k Plan data: BIODIRECT, INC. 401(K) PLAN plan

BIODIRECT, INC. 401(K) PLAN 401k Plan overview

Plan Name	BIODIRECT, INC. 401(K) PLAN
Plan identification number	001

BIODIRECT, INC. 401(K) 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.
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

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

Company Name: BIODIRECT, INC.

Employer identification number (EIN): 134205865

NAIC Classification: 334410

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BIODIRECT, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2021-01-01 RICHARD TULA 2022-03-24
001 2020-01-01
001 2019-01-01
001 2018-01-01 KWAME OWUSU
001 2017-01-01 FRANCINE TULA
001 2016-01-01 FRANCINE TULA
001 2015-01-01 FRANCINE TULA
001 2014-01-01 FRANCINE TULA
001 2013-01-01 FRANCINE TULA
001 2012-01-01 FRANCINE TULA
001 2011-01-01 FRANCINE TULA
001 2009-01-01 FRANCINE TULA

Financial Data on BIODIRECT, INC. 401(K) PLAN

Measure	Date	Value
2022 : BIODIRECT, INC. 401(K) PLAN 2022 401k financial data
Total transfers to/from plan in this plan year	2022-03-24	-2066227
Total expenses incurred by plan in this plan year	2022-03-24	474780
Net assets as of the end of the plan year	2022-03-24	0
Total assets as of the beginning of the plan year	2022-03-24	2234349
Value of plan covered by a fidelity bond	2022-03-24	224000
Participant contributions to plan in this plan year	2022-03-24	95348
Other income to plan in this plan year	2022-03-24	150460
Plan net income in this plan year	2022-03-24	-168122
Net assets as of the end of the plan year	2022-03-24	0
Net assets as of the beginning of the plan year	2022-03-24	2234349
Employer contributions to plan in this plan year	2022-03-24	60850
Expensese paid to adminstrative service provicers from plan in this plan year	2022-03-24	375
2020 : BIODIRECT, INC. 401(K) PLAN 2020 401k financial data
Total income from all sources	2020-12-31	$405,378
Expenses. Total of all expenses incurred	2020-12-31	$30,000
Benefits paid (including direct rollovers)	2020-12-31	$30,000
Total plan assets at end of year	2020-12-31	$2,234,349
Total plan assets at beginning of year	2020-12-31	$1,858,971
Value of fidelity bond covering the plan	2020-12-31	$186,000
Total contributions received or receivable from participants	2020-12-31	$148,528
Other income received	2020-12-31	$178,685
Net income (gross income less expenses)	2020-12-31	$375,378
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$2,234,349
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$1,858,971
Assets. Value of participant loans	2020-12-31	$18,062
Total contributions received or receivable from employer(s)	2020-12-31	$78,165
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
2019 : BIODIRECT, INC. 401(K) PLAN 2019 401k financial data
Total income from all sources	2019-12-31	$390,284
Expenses. Total of all expenses incurred	2019-12-31	$4,354
Benefits paid (including direct rollovers)	2019-12-31	$3,804
Total plan assets at end of year	2019-12-31	$1,858,971
Total plan assets at beginning of year	2019-12-31	$1,473,041
Value of fidelity bond covering the plan	2019-12-31	$148,000
Total contributions received or receivable from participants	2019-12-31	$136,588
Other income received	2019-12-31	$183,111
Net income (gross income less expenses)	2019-12-31	$385,930
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$1,858,971
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$1,473,041
Assets. Value of participant loans	2019-12-31	$26,175
Total contributions received or receivable from employer(s)	2019-12-31	$70,585
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$550
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
2018 : BIODIRECT, INC. 401(K) PLAN 2018 401k financial data
Total income from all sources	2018-12-31	$139,440
Expenses. Total of all expenses incurred	2018-12-31	$377,796
Benefits paid (including direct rollovers)	2018-12-31	$377,196
Total plan assets at end of year	2018-12-31	$1,473,041
Total plan assets at beginning of year	2018-12-31	$1,711,397
Value of fidelity bond covering the plan	2018-12-31	$172,000
Total contributions received or receivable from participants	2018-12-31	$118,256
Other income received	2018-12-31	$-45,760
Net income (gross income less expenses)	2018-12-31	$-238,356
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$1,473,041
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$1,711,397
Assets. Value of participant loans	2018-12-31	$28,362
Total contributions received or receivable from employer(s)	2018-12-31	$66,944
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$600
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : BIODIRECT, INC. 401(K) PLAN 2017 401k financial data
Total income from all sources	2017-12-31	$325,791
Expenses. Total of all expenses incurred	2017-12-31	$9,285
Benefits paid (including direct rollovers)	2017-12-31	$8,585
Total plan assets at end of year	2017-12-31	$1,711,397
Total plan assets at beginning of year	2017-12-31	$1,394,891
Value of fidelity bond covering the plan	2017-12-31	$140,000
Total contributions received or receivable from participants	2017-12-31	$108,453
Other income received	2017-12-31	$157,341
Net income (gross income less expenses)	2017-12-31	$316,506
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$1,711,397
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$1,394,891
Assets. Value of participant loans	2017-12-31	$38,029
Total contributions received or receivable from employer(s)	2017-12-31	$59,997
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$700
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
2016 : BIODIRECT, INC. 401(K) PLAN 2016 401k financial data
Total income from all sources	2016-12-31	$209,724
Expenses. Total of all expenses incurred	2016-12-31	$17,365
Benefits paid (including direct rollovers)	2016-12-31	$17,365
Total plan assets at end of year	2016-12-31	$1,394,891
Total plan assets at beginning of year	2016-12-31	$1,202,532
Value of fidelity bond covering the plan	2016-12-31	$121,000
Total contributions received or receivable from participants	2016-12-31	$96,376
Other income received	2016-12-31	$60,898
Net income (gross income less expenses)	2016-12-31	$192,359
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$1,394,891
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$1,202,532
Assets. Value of participant loans	2016-12-31	$44,887
Total contributions received or receivable from employer(s)	2016-12-31	$52,450
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
2015 : BIODIRECT, INC. 401(K) PLAN 2015 401k financial data
Total income from all sources	2015-12-31	$82,181
Expenses. Total of all expenses incurred	2015-12-31	$61,602
Benefits paid (including direct rollovers)	2015-12-31	$61,602
Total plan assets at end of year	2015-12-31	$1,202,532
Total plan assets at beginning of year	2015-12-31	$1,181,953
Value of fidelity bond covering the plan	2015-12-31	$119,000
Total contributions received or receivable from participants	2015-12-31	$54,663
Other income received	2015-12-31	$-16,514
Net income (gross income less expenses)	2015-12-31	$20,579
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$1,202,532
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$1,181,953
Assets. Value of participant loans	2015-12-31	$69,555
Total contributions received or receivable from employer(s)	2015-12-31	$44,032
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
2014 : BIODIRECT, INC. 401(K) PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$375,579
Expenses. Total of all expenses incurred	2014-12-31	$68,629
Benefits paid (including direct rollovers)	2014-12-31	$68,629
Total plan assets at end of year	2014-12-31	$1,181,953
Total plan assets at beginning of year	2014-12-31	$875,003
Value of fidelity bond covering the plan	2014-12-31	$88,000
Total contributions received or receivable from participants	2014-12-31	$31,666
Contributions received from other sources (not participants or employers)	2014-12-31	$275,146
Other income received	2014-12-31	$43,983
Net income (gross income less expenses)	2014-12-31	$306,950
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$1,181,953
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$875,003
Assets. Value of participant loans	2014-12-31	$90,550
Total contributions received or receivable from employer(s)	2014-12-31	$24,784
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
2013 : BIODIRECT, INC. 401(K) PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$198,954
Expenses. Total of all expenses incurred	2013-12-31	$9,527
Benefits paid (including direct rollovers)	2013-12-31	$9,527
Total plan assets at end of year	2013-12-31	$875,003
Total plan assets at beginning of year	2013-12-31	$685,576
Value of fidelity bond covering the plan	2013-12-31	$70,000
Total contributions received or receivable from participants	2013-12-31	$47,632
Other income received	2013-12-31	$113,868
Net income (gross income less expenses)	2013-12-31	$189,427
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$875,003
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$685,576
Assets. Value of participant loans	2013-12-31	$73,218
Total contributions received or receivable from employer(s)	2013-12-31	$37,454
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : BIODIRECT, INC. 401(K) PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$229,399
Expenses. Total of all expenses incurred	2012-12-31	$196,446
Benefits paid (including direct rollovers)	2012-12-31	$196,446
Total plan assets at end of year	2012-12-31	$685,576
Total plan assets at beginning of year	2012-12-31	$652,623
Value of fidelity bond covering the plan	2012-12-31	$66,000
Total contributions received or receivable from participants	2012-12-31	$54,977
Contributions received from other sources (not participants or employers)	2012-12-31	$87,438
Other income received	2012-12-31	$51,237
Net income (gross income less expenses)	2012-12-31	$32,953
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$685,576
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$652,623
Assets. Value of participant loans	2012-12-31	$103,622
Total contributions received or receivable from employer(s)	2012-12-31	$35,747
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : BIODIRECT, INC. 401(K) PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$90,185
Expenses. Total of all expenses incurred	2011-12-31	$19,373
Benefits paid (including direct rollovers)	2011-12-31	$19,373
Total plan assets at end of year	2011-12-31	$652,623
Total plan assets at beginning of year	2011-12-31	$581,811
Value of fidelity bond covering the plan	2011-12-31	$58,000
Total contributions received or receivable from participants	2011-12-31	$57,152
Other income received	2011-12-31	$-3,048
Net income (gross income less expenses)	2011-12-31	$70,812
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$652,623
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$581,811
Assets. Value of participant loans	2011-12-31	$114,021
Total contributions received or receivable from employer(s)	2011-12-31	$36,081
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : BIODIRECT, INC. 401(K) PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$200,665
Expenses. Total of all expenses incurred	2010-12-31	$2,758
Benefits paid (including direct rollovers)	2010-12-31	$2,758
Total plan assets at end of year	2010-12-31	$581,811
Total plan assets at beginning of year	2010-12-31	$383,904
Value of fidelity bond covering the plan	2010-12-31	$60,000
Total contributions received or receivable from participants	2010-12-31	$56,811
Contributions received from other sources (not participants or employers)	2010-12-31	$73,686
Other income received	2010-12-31	$40,384
Net income (gross income less expenses)	2010-12-31	$197,907
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$581,811
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$383,904
Assets. Value of participant loans	2010-12-31	$115,680
Total contributions received or receivable from employer(s)	2010-12-31	$29,784
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : BIODIRECT, INC. 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for BIODIRECT, INC. 401(K) PLAN

2020: BIODIRECT, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: BIODIRECT, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: BIODIRECT, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: BIODIRECT, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: BIODIRECT, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: BIODIRECT, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Insurance	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement – Insurance	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: BIODIRECT, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: BIODIRECT, INC. 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: BIODIRECT, INC. 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: BIODIRECT, INC. 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: BIODIRECT, INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number	811794
Policy instance	1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number	811794
Policy instance	1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number	811794
Policy instance	1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number	811794
Policy instance	1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number	811794
Policy instance	1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number	811794
Policy instance	1

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Company Name:	BIODIRECT, INC.
Employer identification number (EIN):	134205865
NAIC Classification:	334410

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2021-01-01	RICHARD TULA	2022-03-24
001	2020-01-01
001	2019-01-01
001	2018-01-01	KWAME OWUSU
001	2017-01-01	FRANCINE TULA
001	2016-01-01	FRANCINE TULA
001	2015-01-01	FRANCINE TULA
001	2014-01-01	FRANCINE TULA
001	2013-01-01	FRANCINE TULA
001	2012-01-01	FRANCINE TULA
001	2011-01-01	FRANCINE TULA
001	2009-01-01	FRANCINE TULA