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AMERIBEST MORTGAGE LLC 401K PLAN 401k Plan overview

Plan NameAMERIBEST MORTGAGE LLC 401K PLAN
Plan identification number 001

AMERIBEST MORTGAGE LLC 401K 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.
  • 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

AMERIBEST MORTGAGE LLC has sponsored the creation of one or more 401k plans.

Company Name:AMERIBEST MORTGAGE LLC
Employer identification number (EIN):261126019
NAIC Classification:522292
NAIC Description:Real Estate Credit

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AMERIBEST MORTGAGE LLC 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01SCOTT BRAY2024-05-15
0012022-01-01SCOTT BRAY2023-04-19
0012021-01-01SCOTT BRAY2022-05-10
0012020-01-01SCOTT C BRAY2021-05-27 SCOTT BRAY2021-05-27
0012019-01-01SCOTT C BRAY2020-05-27 SCOTT C BRAY2020-05-27
0012018-01-01SCOTT BRAY2019-07-29 SCOTT BRAY2019-07-29
0012017-01-01SCOTT BRAY2018-07-31 SCOTT BRAY2018-07-31
0012016-01-01SCOTT BRAY2017-10-02 SCOTT BRAY2017-10-02

Plan Statistics for AMERIBEST MORTGAGE LLC 401K PLAN

401k plan membership statisitcs for AMERIBEST MORTGAGE LLC 401K PLAN

Measure Date Value
2025: AMERIBEST MORTGAGE LLC 401K PLAN 2025 401k membership
Total number of particpants at beginning of year2025-04-126
Total number of particpants at end of year2025-04-126
Number of Participants With Account Balances2025-04-125
2024: AMERIBEST MORTGAGE LLC 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-158
Total number of particpants at end of year2024-05-156
Number of Participants With Account Balances2024-05-155

Financial Data on AMERIBEST MORTGAGE LLC 401K PLAN

Measure Date Value
2025 : AMERIBEST MORTGAGE LLC 401K PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-04-120
Total expenses incurred by plan in this plan year2025-04-1244399
Net assets as of the end of the plan year2025-04-12579080
Total assets as of the beginning of the plan year2025-04-12433617
Participant contributions to plan in this plan year2025-04-1264514
Value of participant loans at end of plan year2025-04-1220763
Other expenses paid from plan in this plan year2025-04-120
Other contributions to plan in this plan year2025-04-120
Other income to plan in this plan year2025-04-12108336
Plan net income in this plan year2025-04-12145463
Net assets as of the end of the plan year2025-04-12579080
Net assets as of the beginning of the plan year2025-04-12433617
Employer contributions to plan in this plan year2025-04-1217012
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-123620
2024 : AMERIBEST MORTGAGE LLC 401K PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-05-150
Total expenses incurred by plan in this plan year2024-05-1553660
Net assets as of the end of the plan year2024-05-15433617
Total assets as of the beginning of the plan year2024-05-15329663
Participant contributions to plan in this plan year2024-05-1550764
Value of participant loans at end of plan year2024-05-1526866
Other expenses paid from plan in this plan year2024-05-150
Other contributions to plan in this plan year2024-05-1514101
Other income to plan in this plan year2024-05-1577780
Plan net income in this plan year2024-05-15103954
Net assets as of the end of the plan year2024-05-15433617
Net assets as of the beginning of the plan year2024-05-15329663
Employer contributions to plan in this plan year2024-05-1514969
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-152860

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