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

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

ASICSOFT, INC. 401(K) 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.
  • 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

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

Company Name:ASICSOFT, INC.
Employer identification number (EIN):260128525
NAIC Classification:561300

Additional information about ASICSOFT, INC.

Jurisdiction of Incorporation: California Department of State
Incorporation Date: 2005-10-28
Company Identification Number: C2819334
Legal Registered Office Address: 6940 Santa Teresa Blvd Suite 3

San Jose
United States of America (USA)
95119

More information about ASICSOFT, INC.

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01TIM FUNG2024-07-17
0012022-01-01TIM FUNG2023-07-05
0012021-01-01TIM FUNG2022-07-19
0012020-01-01TIM FUNG2021-07-23
0012019-01-01CATHY PETERSEN2020-07-03
0012018-01-01CATHY PETERSEN2019-06-17

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

Measure Date Value
2025 : ASICSOFT, INC. 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-2298752
Net assets as of the end of the plan year2025-05-22620873
Total assets as of the beginning of the plan year2025-05-22533588
Value of plan covered by a fidelity bond2025-05-2254000
Participant contributions to plan in this plan year2025-05-22109520
Value of participant loans at end of plan year2025-05-2244575
Other income to plan in this plan year2025-05-2276517
Plan net income in this plan year2025-05-2287285
Net assets as of the end of the plan year2025-05-22620873
Net assets as of the beginning of the plan year2025-05-22533588
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-22290
2024 : ASICSOFT, INC. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-1733084
Net assets as of the end of the plan year2024-07-17533588
Total assets as of the beginning of the plan year2024-07-17366565
Value of plan covered by a fidelity bond2024-07-1737000
Participant contributions to plan in this plan year2024-07-17127529
Other income to plan in this plan year2024-07-1772578
Plan net income in this plan year2024-07-17167023
Net assets as of the end of the plan year2024-07-17533588
Net assets as of the beginning of the plan year2024-07-17366565
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-1755
2022 : ASICSOFT, INC. 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-07-1915566
Net assets as of the end of the plan year2022-07-19362900
Total assets as of the beginning of the plan year2022-07-19256152
Value of plan covered by a fidelity bond2022-07-1926000
Participant contributions to plan in this plan year2022-07-1980780
Other income to plan in this plan year2022-07-1941534
Plan net income in this plan year2022-07-19106748
Net assets as of the end of the plan year2022-07-19362900
Net assets as of the beginning of the plan year2022-07-19256152
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-1955

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