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FAIRWAY AMERICA, LLC 401K PLAN 401k Plan overview

Plan NameFAIRWAY AMERICA, LLC 401K PLAN
Plan identification number 001

FAIRWAY AMERICA, LLC 401K 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.
  • 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

FAIRWAY AMERICA, LLC has sponsored the creation of one or more 401k plans.

Company Name:FAIRWAY AMERICA, LLC
Employer identification number (EIN):261522327
NAIC Classification:522292
NAIC Description:Real Estate Credit

Additional information about FAIRWAY AMERICA, LLC

Jurisdiction of Incorporation: Oregon Secretary of State Corporations Division
Incorporation Date: 2007-12-06
Company Identification Number: 48132195
Legal Registered Office Address: 698 12TH STREET SE SUITE 200

SALEM
United States of America (USA)
97301

More information about FAIRWAY AMERICA, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FAIRWAY AMERICA, LLC 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MANPREET BAINS2024-09-13
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01MATTHEW BURK2019-07-11
0012017-01-01
0012016-01-01
0012015-01-01MATTHEW BURK2016-07-08
0012014-01-01MATTHEW BURK2015-02-23
0012013-01-01MATTHEW BURK2014-05-05
0012012-01-01MATTHEW BURK2013-08-26
0012011-01-01MATTHEW BURK2012-03-28
0012010-01-01MATTHEW BURK2011-07-08

Financial Data on FAIRWAY AMERICA, LLC 401K PLAN

Measure Date Value
2025 : FAIRWAY AMERICA, LLC 401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-10-131532272
Net assets as of the end of the plan year2025-10-134098152
Total assets as of the beginning of the plan year2025-10-134489569
Value of plan covered by a fidelity bond2025-10-13500000
Participant contributions to plan in this plan year2025-10-13347649
Value of participant loans at end of plan year2025-10-1346845
Other contributions to plan in this plan year2025-10-1346244
Other income to plan in this plan year2025-10-13593687
Plan net income in this plan year2025-10-13-391417
Net assets as of the end of the plan year2025-10-134098152
Net assets as of the beginning of the plan year2025-10-134489569
Employer contributions to plan in this plan year2025-10-13153275
Fees paid to broker by Benefit Provider2025-10-135143
2024 : FAIRWAY AMERICA, LLC 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-131624837
Net assets as of the end of the plan year2024-09-134489569
Total assets as of the beginning of the plan year2024-09-134492294
Value of plan covered by a fidelity bond2024-09-13500000
Participant contributions to plan in this plan year2024-09-13554087
Value of participant loans at end of plan year2024-09-1359563
Other contributions to plan in this plan year2024-09-13160605
Other income to plan in this plan year2024-09-13662602
Plan net income in this plan year2024-09-13-2725
Net assets as of the end of the plan year2024-09-134489569
Net assets as of the beginning of the plan year2024-09-134492294
Employer contributions to plan in this plan year2024-09-13244818
Fees paid to broker by Benefit Provider2024-09-134888
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-133280
2022 : FAIRWAY AMERICA, LLC 401K PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-0536910
Net assets as of the end of the plan year2022-10-053720420
Total assets as of the beginning of the plan year2022-10-052539511
Value of plan covered by a fidelity bond2022-10-05250000
Participant contributions to plan in this plan year2022-10-05296060
Value of participant loans at end of plan year2022-10-0566374
Other contributions to plan in this plan year2022-10-05430994
Other income to plan in this plan year2022-10-05360063
Plan net income in this plan year2022-10-051180909
Net assets as of the end of the plan year2022-10-053720420
Net assets as of the beginning of the plan year2022-10-052539511
Employer contributions to plan in this plan year2022-10-05130702

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