401k Plan data: DRAPER, INC 401(K) RETIREMENT PLAN plan

DRAPER, INC 401(K) RETIREMENT PLAN 401k Plan overview

Plan Name	DRAPER, INC 401(K) RETIREMENT PLAN
Plan identification number	001

DRAPER, INC 401(K) RETIREMENT PLAN Benefits

401k Plan Type

Defined 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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

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

Company Name: DRAPER, INC

Employer identification number (EIN): 251899422

NAIC Classification: 812990
NAIC Description: All Other Personal Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DRAPER, INC 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 ANNA LOPEZ 2018-10-15
001 2016-01-01 ANNA LOPEZ 2017-07-11
001 2015-01-01 DONNA FORNATARO 2016-10-12
001 2014-01-01 DONNA FORNATARO 2015-10-06
001 2013-01-01 RENEE GREENE 2014-05-09 DRAPER, INC. 2014-05-09
001 2012-01-01 RENEE GREENE 2013-05-02
001 2011-02-01 RENEE GREENE 2012-07-16

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01	ANNA LOPEZ	2018-10-15
001	2016-01-01	ANNA LOPEZ	2017-07-11
001	2015-01-01	DONNA FORNATARO	2016-10-12
001	2014-01-01	DONNA FORNATARO	2015-10-06
001	2013-01-01	RENEE GREENE	2014-05-09	DRAPER, INC.	2014-05-09
001	2012-01-01	RENEE GREENE	2013-05-02
001	2011-02-01	RENEE GREENE	2012-07-16

Plan Statistics for DRAPER, INC 401(K) RETIREMENT PLAN

401k plan membership statisitcs for DRAPER, INC 401(K) RETIREMENT PLAN

Measure Date Value
2020: DRAPER, INC 401(K) RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 108
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 70
Number of retired or separated participants receiving benefits 2020-01-01 2
Number of other retired or separated participants entitled to future benefits 2020-01-01 8
Total of all active and inactive participants 2020-01-01 80
Total participants 2020-01-01 80
Number of participants with account balances 2020-01-01 51
2019: DRAPER, INC 401(K) RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 97
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 97
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 11
Total of all active and inactive participants 2019-01-01 108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 108
Number of participants with account balances 2019-01-01 55

Measure	Date	Value
2020: DRAPER, INC 401(K) RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	108
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	70
Number of retired or separated participants receiving benefits	2020-01-01	2
Number of other retired or separated participants entitled to future benefits	2020-01-01	8
Total of all active and inactive participants	2020-01-01	80
Total participants	2020-01-01	80
Number of participants with account balances	2020-01-01	51
2019: DRAPER, INC 401(K) RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	97
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	97
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	11
Total of all active and inactive participants	2019-01-01	108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	108
Number of participants with account balances	2019-01-01	55

Financial Data on DRAPER, INC 401(K) RETIREMENT PLAN

Measure	Date	Value
2020 : DRAPER, INC 401(K) RETIREMENT PLAN 2020 401k financial data
Transfers to/from the plan	2020-12-31	$0
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$391,916
Expenses. Total of all expenses incurred	2020-12-31	$95,143
Benefits paid (including direct rollovers)	2020-12-31	$80,997
Total plan assets at end of year	2020-12-31	$1,755,461
Total plan assets at beginning of year	2020-12-31	$1,458,688
Value of fidelity bond covering the plan	2020-12-31	$175,546
Total contributions received or receivable from participants	2020-12-31	$81,852
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$0
Other income received	2020-12-31	$263,947
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$296,773
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$1,755,461
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$1,458,688
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2020-12-31	$0
Total contributions received or receivable from employer(s)	2020-12-31	$46,117
Value of certain deemed distributions of participant loans	2020-12-31	$0
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$14,146
2019 : DRAPER, INC 401(K) RETIREMENT PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$435,594
Expenses. Total of all expenses incurred	2019-12-31	$139,931
Benefits paid (including direct rollovers)	2019-12-31	$135,933
Total plan assets at end of year	2019-12-31	$1,458,688
Total plan assets at beginning of year	2019-12-31	$1,163,025
Value of fidelity bond covering the plan	2019-12-31	$116,303
Total contributions received or receivable from participants	2019-12-31	$88,471
Expenses. Other expenses not covered elsewhere	2019-12-31	$0
Contributions received from other sources (not participants or employers)	2019-12-31	$0
Other income received	2019-12-31	$294,270
Noncash contributions received	2019-12-31	$0
Net income (gross income less expenses)	2019-12-31	$295,663
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$1,458,688
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$1,163,025
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2019-12-31	$0
Total contributions received or receivable from employer(s)	2019-12-31	$52,853
Value of certain deemed distributions of participant loans	2019-12-31	$0
Value of corrective distributions	2019-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$3,998

Form 5500 Responses for DRAPER, INC 401(K) RETIREMENT PLAN

2020: DRAPER, INC 401(K) RETIREMENT 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 – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: DRAPER, INC 401(K) RETIREMENT 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 – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	DRAPER, INC
Employer identification number (EIN):	251899422
NAIC Classification:	812990
NAIC Description:	All Other Personal Services