401k Plan data: RAK MEDICAL, INC. 401K PROFIT SHARING PLAN plan

RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 401k Plan overview

Plan Name	RAK MEDICAL, INC. 401K PROFIT SHARING PLAN
Plan identification number	001

RAK MEDICAL, INC. 401K PROFIT SHARING 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.
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

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

Company Name: RAK MEDICAL, INC.

Employer identification number (EIN): 232920734

NAIC Classification: 454390
NAIC Description: Other Direct Selling Establishments

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RAK MEDICAL, INC. 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2018-01-01 ROSS KRAUS ROSS KRAUS 2019-01-31
001 2017-01-01 ROSS KRAUS ROSS KRAUS 2018-05-09
001 2016-01-01 ROSS KRAUS ROSS KRAUS 2017-02-08
001 2015-01-01 ROSS KRAUS ROSS KRAUS 2016-07-12
001 2014-01-01 ROSS KRAUS ROSS KRAUS 2015-07-14
001 2013-01-01 ROSS KRAUS ROSS KRAUS 2014-07-02
001 2012-01-01 ROSS KRAUS ROSS KRAUS 2013-07-16
001 2011-01-01 ROSS KRAUS ROSS KRAUS 2012-07-03
001 2009-01-01 ROSS KRAUS ROSS KRAUS 2010-10-07

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2018-01-01	ROSS KRAUS	ROSS KRAUS	2019-01-31
001	2017-01-01	ROSS KRAUS	ROSS KRAUS	2018-05-09
001	2016-01-01	ROSS KRAUS	ROSS KRAUS	2017-02-08
001	2015-01-01	ROSS KRAUS	ROSS KRAUS	2016-07-12
001	2014-01-01	ROSS KRAUS	ROSS KRAUS	2015-07-14
001	2013-01-01	ROSS KRAUS	ROSS KRAUS	2014-07-02
001	2012-01-01	ROSS KRAUS	ROSS KRAUS	2013-07-16
001	2011-01-01	ROSS KRAUS	ROSS KRAUS	2012-07-03
001	2009-01-01	ROSS KRAUS	ROSS KRAUS	2010-10-07

Financial Data on RAK MEDICAL, INC. 401K PROFIT SHARING PLAN

Measure	Date	Value
2018 : RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 2018 401k financial data
Total plan liabilities at beginning of year	2018-12-31	$74
Total income from all sources	2018-12-31	$17,594
Expenses. Total of all expenses incurred	2018-12-31	$757,570
Benefits paid (including direct rollovers)	2018-12-31	$757,570
Total plan assets at end of year	2018-12-31	$0
Total plan assets at beginning of year	2018-12-31	$740,050
Value of fidelity bond covering the plan	2018-12-31	$75,000
Other income received	2018-12-31	$17,594
Net income (gross income less expenses)	2018-12-31	$-739,976
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$0
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$739,976
2017 : RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 2017 401k financial data
Total plan liabilities at end of year	2017-12-31	$74
Total income from all sources	2017-12-31	$137,653
Expenses. Total of all expenses incurred	2017-12-31	$54,292
Benefits paid (including direct rollovers)	2017-12-31	$54,292
Total plan assets at end of year	2017-12-31	$740,050
Total plan assets at beginning of year	2017-12-31	$656,615
Value of fidelity bond covering the plan	2017-12-31	$75,000
Total contributions received or receivable from participants	2017-12-31	$4,010
Other income received	2017-12-31	$133,643
Net income (gross income less expenses)	2017-12-31	$83,361
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$739,976
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$656,615
2016 : RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources	2016-12-31	$40,785
Expenses. Total of all expenses incurred	2016-12-31	$3,701
Benefits paid (including direct rollovers)	2016-12-31	$3,701
Total plan assets at end of year	2016-12-31	$656,615
Total plan assets at beginning of year	2016-12-31	$619,531
Value of fidelity bond covering the plan	2016-12-31	$75,000
Total contributions received or receivable from participants	2016-12-31	$2,979
Other income received	2016-12-31	$37,806
Net income (gross income less expenses)	2016-12-31	$37,084
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$656,615
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$619,531
Assets. Value of participant loans	2016-12-31	$34,330
2015 : RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources	2015-12-31	$28,465
Expenses. Total of all expenses incurred	2015-12-31	$42,801
Benefits paid (including direct rollovers)	2015-12-31	$42,801
Total plan assets at end of year	2015-12-31	$619,531
Total plan assets at beginning of year	2015-12-31	$633,867
Value of fidelity bond covering the plan	2015-12-31	$75,000
Total contributions received or receivable from participants	2015-12-31	$18,986
Other income received	2015-12-31	$9,479
Net income (gross income less expenses)	2015-12-31	$-14,336
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$619,531
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$633,867
Assets. Value of participant loans	2015-12-31	$45,432
2014 : RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$63,844
Expenses. Total of all expenses incurred	2014-12-31	$158
Benefits paid (including direct rollovers)	2014-12-31	$158
Total plan assets at end of year	2014-12-31	$633,867
Total plan assets at beginning of year	2014-12-31	$570,181
Value of fidelity bond covering the plan	2014-12-31	$75,000
Total contributions received or receivable from participants	2014-12-31	$36,395
Other income received	2014-12-31	$23,777
Net income (gross income less expenses)	2014-12-31	$63,686
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$633,867
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$570,181
Assets. Value of participant loans	2014-12-31	$48,521
Total contributions received or receivable from employer(s)	2014-12-31	$3,672
2013 : RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$124,071
Expenses. Total of all expenses incurred	2013-12-31	$9,166
Benefits paid (including direct rollovers)	2013-12-31	$9,166
Total plan assets at end of year	2013-12-31	$570,181
Total plan assets at beginning of year	2013-12-31	$455,276
Value of fidelity bond covering the plan	2013-12-31	$75,000
Total contributions received or receivable from participants	2013-12-31	$22,047
Other income received	2013-12-31	$98,266
Net income (gross income less expenses)	2013-12-31	$114,905
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$570,181
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$455,276
Total contributions received or receivable from employer(s)	2013-12-31	$3,758
2012 : RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$81,369
Expenses. Total of all expenses incurred	2012-12-31	$2,590
Benefits paid (including direct rollovers)	2012-12-31	$2,590
Total plan assets at end of year	2012-12-31	$455,276
Total plan assets at beginning of year	2012-12-31	$376,497
Value of fidelity bond covering the plan	2012-12-31	$50,000
Total contributions received or receivable from participants	2012-12-31	$21,757
Other income received	2012-12-31	$57,927
Net income (gross income less expenses)	2012-12-31	$78,779
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$455,276
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$376,497
Total contributions received or receivable from employer(s)	2012-12-31	$1,685
2011 : RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$3,884
Expenses. Total of all expenses incurred	2011-12-31	$3,452
Benefits paid (including direct rollovers)	2011-12-31	$3,452
Total plan assets at end of year	2011-12-31	$376,497
Total plan assets at beginning of year	2011-12-31	$376,065
Value of fidelity bond covering the plan	2011-12-31	$50,000
Total contributions received or receivable from participants	2011-12-31	$21,815
Other income received	2011-12-31	$-21,970
Net income (gross income less expenses)	2011-12-31	$432
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$376,497
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$376,065
Total contributions received or receivable from employer(s)	2011-12-31	$4,039
2010 : RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$73,920
Expenses. Total of all expenses incurred	2010-12-31	$24,446
Benefits paid (including direct rollovers)	2010-12-31	$24,446
Total plan assets at end of year	2010-12-31	$376,065
Total plan assets at beginning of year	2010-12-31	$326,591
Value of fidelity bond covering the plan	2010-12-31	$50,000
Total contributions received or receivable from participants	2010-12-31	$22,547
Other income received	2010-12-31	$38,759
Net income (gross income less expenses)	2010-12-31	$49,474
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$376,065
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$326,591
Total contributions received or receivable from employer(s)	2010-12-31	$12,614

Form 5500 Responses for RAK MEDICAL, INC. 401K PROFIT SHARING PLAN

2018: RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	This submission is the final filing	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: RAK MEDICAL, INC. 401K PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	RAK MEDICAL, INC.
Employer identification number (EIN):	232920734
NAIC Classification:	454390
NAIC Description:	Other Direct Selling Establishments