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THE 2MARKET GROUP, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE 2MARKET GROUP, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

THE 2MARKET GROUP, INC. 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

THE 2MARKET GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name:THE 2MARKET GROUP, INC.
Employer identification number (EIN):203185151
NAIC Classification:423800

Additional information about THE 2MARKET GROUP, INC.

Jurisdiction of Incorporation: Ohio Secretary of State Business Services Division
Incorporation Date: 2005-07-01
Company Identification Number: 1553276
Legal Registered Office Address: 2829 BIG SUR DR.
-
LEWIS CENTER
United States of America (USA)
43035

More information about THE 2MARKET GROUP, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE 2MARKET GROUP, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01ANTHONY WARREN2024-04-09
0012023-01-01ANTHONY WARREN2024-04-17
0012022-01-01ANTHONY WARREN2023-07-06
0012021-01-01ANTHONY WARREN2022-06-27
0012020-01-01ADAM WARREN2021-08-27
0012019-01-01ADAM WARREN2020-08-03
0012018-01-01DONALD J. HAGAN2019-07-09
0012017-01-01DONALD J. HAGAN2018-05-02
0012016-01-01DONALD J. HAGAN2017-07-10
0012015-01-01DONALD J. HAGAN2016-09-30
0012014-01-01DONALD J. HAGAN2015-10-05
0012013-01-01DONALD J. HAGAN2014-10-03
0012012-01-01DONALD J. HAGAN2013-10-10
0012011-01-01DONALD J. HAGAN2012-09-18

Plan Statistics for THE 2MARKET GROUP, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for THE 2MARKET GROUP, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2024: THE 2MARKET GROUP, INC. 401(K) PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-04-1715
Total number of particpants at end of year2024-04-1712
Number of Participants With Account Balances2024-04-1712
Total number of particpants at beginning of year2024-04-0912
Total number of particpants at end of year2024-04-090
Number of Participants With Account Balances2024-04-090
2022: THE 2MARKET GROUP, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-06-2718
Total number of particpants at end of year2022-06-2717
Number of Participants With Account Balances2022-06-2716

Financial Data on THE 2MARKET GROUP, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2024 : THE 2MARKET GROUP, INC. 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-04-17112249
Net assets as of the end of the plan year2024-04-171369366
Total assets as of the beginning of the plan year2024-04-171253200
Value of plan covered by a fidelity bond2024-04-17500000
Participant contributions to plan in this plan year2024-04-17103275
Other income to plan in this plan year2024-04-17112907
Plan net income in this plan year2024-04-17116166
Net assets as of the end of the plan year2024-04-171369366
Net assets as of the beginning of the plan year2024-04-171253200
Employer contributions to plan in this plan year2024-04-1712233
Fees paid to broker by Benefit Provider2024-04-173515
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-176324
Total expenses incurred by plan in this plan year2024-04-091378955
Net assets as of the end of the plan year2024-04-090
Total assets as of the beginning of the plan year2024-04-091369366
Value of plan covered by a fidelity bond2024-04-09500000
Other income to plan in this plan year2024-04-099589
Plan net income in this plan year2024-04-09-1369366
Net assets as of the end of the plan year2024-04-090
Net assets as of the beginning of the plan year2024-04-091369366
Fees paid to broker by Benefit Provider2024-04-09927
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-091086
2022 : THE 2MARKET GROUP, INC. 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-06-27364458
Net assets as of the end of the plan year2022-06-271265170
Total assets as of the beginning of the plan year2022-06-271372379
Value of plan covered by a fidelity bond2022-06-271000000
Participant contributions to plan in this plan year2022-06-27130763
Other income to plan in this plan year2022-06-27106491
Plan net income in this plan year2022-06-27-107209
Net assets as of the end of the plan year2022-06-271265170
Net assets as of the beginning of the plan year2022-06-271372379
Employer contributions to plan in this plan year2022-06-2719995
Fees paid to broker by Benefit Provider2022-06-273060
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-276738

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