401k Plan data: BEST ENTERPRISES INC 401(K) PLAN plan

BEST ENTERPRISES INC 401(K) PLAN 401k Plan overview

Plan Name	BEST ENTERPRISES INC 401(K) PLAN
Plan identification number	001

BEST ENTERPRISES INC 401(K) 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.
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

BEST ENTERPRISES INC has sponsored the creation of one or more 401k plans.

Company Name: BEST ENTERPRISES INC

Employer identification number (EIN): 261812850

NAIC Classification: 541213
NAIC Description: Tax Preparation Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BEST ENTERPRISES INC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 PRATIBHA KIRPALANI-BALUCH 2023-07-27 PRATIBHA KIRPALANI-BALUCH 2023-07-27
001 2021-01-01 PRATIBHA KIRPALANI-BALUCH 2022-07-25 PRATIBHA KIRPALANI-BALUCH 2022-07-25
001 2020-01-01 PRATIBHA KIRPALANI-BALUCH 2021-07-21 PRATIBHA KIRPALANI-BALUCH 2021-07-21
001 2019-01-01 PRATIBHA KIRPALANI-BALUCH 2020-07-23 PRATIBHA KIRPALANI-BALUCH 2020-07-23
001 2018-01-01 PRATIBHA KIRPALANI-BALUCH 2019-07-23 PRATIBHA KIRPALANI-BALUCH 2019-07-23
001 2017-01-01 PRATIBHA KIRPALANI-BALUCH 2018-07-12 PRATIBHA KIRPALANI-BALUCH 2018-07-12
001 2016-01-01 PRATIBHA KIRPALANI-BALUCH 2017-10-10 PRATIBHA KIRPALANI-BALUCH 2017-10-10
001 2015-01-01 PRATIBHA KIRPALANI-BALUCH 2016-06-17 PRATIBHA KIRPALANI-BALUCH 2016-06-17
001 2014-01-01 PRATIBHA KIRPALANI-BALUCH 2015-07-15 PRATIBHA KIRPALANI-BALUCH 2015-07-15
001 2013-01-01 PRATIBHA KIRPALANI-BALUCH 2014-07-24 PRATIBHA KIRPALANI-BALUCH 2014-07-24
001 2012-01-01 PRATIBHA KIRPALANI-BALUCH 2013-07-24 PRATIBHA KIRPALANI-BALUCH 2013-07-24
001 2011-01-01 PRATIBHA KIRPALANI-BALUCH
001 2010-01-01 PRATIBHA KIRPALANI-BALUCH
001 2009-01-01 PRATIBHA KIRPALANI-BALUCH
001 2009-01-01 PRATIBHA KIRPALANI-BALUCH
001 2009-01-01 PRATIBHA KIRPALANI-BALUCH

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	PRATIBHA KIRPALANI-BALUCH	2023-07-27	PRATIBHA KIRPALANI-BALUCH	2023-07-27
001	2021-01-01	PRATIBHA KIRPALANI-BALUCH	2022-07-25	PRATIBHA KIRPALANI-BALUCH	2022-07-25
001	2020-01-01	PRATIBHA KIRPALANI-BALUCH	2021-07-21	PRATIBHA KIRPALANI-BALUCH	2021-07-21
001	2019-01-01	PRATIBHA KIRPALANI-BALUCH	2020-07-23	PRATIBHA KIRPALANI-BALUCH	2020-07-23
001	2018-01-01	PRATIBHA KIRPALANI-BALUCH	2019-07-23	PRATIBHA KIRPALANI-BALUCH	2019-07-23
001	2017-01-01	PRATIBHA KIRPALANI-BALUCH	2018-07-12	PRATIBHA KIRPALANI-BALUCH	2018-07-12
001	2016-01-01	PRATIBHA KIRPALANI-BALUCH	2017-10-10	PRATIBHA KIRPALANI-BALUCH	2017-10-10
001	2015-01-01	PRATIBHA KIRPALANI-BALUCH	2016-06-17	PRATIBHA KIRPALANI-BALUCH	2016-06-17
001	2014-01-01	PRATIBHA KIRPALANI-BALUCH	2015-07-15	PRATIBHA KIRPALANI-BALUCH	2015-07-15
001	2013-01-01	PRATIBHA KIRPALANI-BALUCH	2014-07-24	PRATIBHA KIRPALANI-BALUCH	2014-07-24
001	2012-01-01	PRATIBHA KIRPALANI-BALUCH	2013-07-24	PRATIBHA KIRPALANI-BALUCH	2013-07-24
001	2011-01-01	PRATIBHA KIRPALANI-BALUCH
001	2010-01-01	PRATIBHA KIRPALANI-BALUCH
001	2009-01-01	PRATIBHA KIRPALANI-BALUCH
001	2009-01-01	PRATIBHA KIRPALANI-BALUCH
001	2009-01-01	PRATIBHA KIRPALANI-BALUCH

Plan Statistics for BEST ENTERPRISES INC 401(K) PLAN

401k plan membership statisitcs for BEST ENTERPRISES INC 401(K) PLAN

Measure Date Value
2011: BEST ENTERPRISES INC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 5
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 5
Total of all active and inactive participants 2011-01-01 5
Total participants 2011-01-01 5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2010: BEST ENTERPRISES INC 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 5
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 5
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 0
Total of all active and inactive participants 2010-01-01 5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: BEST ENTERPRISES INC 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 4
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 4
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 0
Total of all active and inactive participants 2009-01-01 4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2011: BEST ENTERPRISES INC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	5
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	5
Total of all active and inactive participants	2011-01-01	5
Total participants	2011-01-01	5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2010: BEST ENTERPRISES INC 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	5
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	5
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	0
Total of all active and inactive participants	2010-01-01	5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: BEST ENTERPRISES INC 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	4
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	4
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	0
Total of all active and inactive participants	2009-01-01	4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	4
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on BEST ENTERPRISES INC 401(K) PLAN

Measure	Date	Value
2011 : BEST ENTERPRISES INC 401(K) PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$48,485
Expenses. Total of all expenses incurred	2011-12-31	$1,150
Total plan assets at end of year	2011-12-31	$198,692
Total plan assets at beginning of year	2011-12-31	$151,357
Total contributions received or receivable from participants	2011-12-31	$54,610
Other income received	2011-12-31	$-6,125
Net income (gross income less expenses)	2011-12-31	$47,335
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$198,692
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$151,357
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$1,150
2010 : BEST ENTERPRISES INC 401(K) PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$73,981
Expenses. Total of all expenses incurred	2010-12-31	$802
Total plan assets at end of year	2010-12-31	$151,357
Total plan assets at beginning of year	2010-12-31	$78,178
Total contributions received or receivable from participants	2010-12-31	$63,462
Other income received	2010-12-31	$10,519
Net income (gross income less expenses)	2010-12-31	$73,179
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$151,357
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$78,178
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$802

Form 5500 Responses for BEST ENTERPRISES INC 401(K) PLAN

2011: BEST ENTERPRISES INC 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: BEST ENTERPRISES INC 401(K) PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: BEST ENTERPRISES INC 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

87699

Policy instance

Insurance contract or identification number	87699
Number of Individuals Covered	5
Insurance policy start date	2011-01-01
Insurance policy end date	2011-12-31
Total amount of commissions paid to insurance broker	USD $437
Total amount of fees paid to insurance company	USD $0

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

87699

Policy instance

Insurance contract or identification number	87699
Number of Individuals Covered	5
Insurance policy start date	2010-01-01
Insurance policy end date	2010-12-31
Total amount of commissions paid to insurance broker	USD $263
Total amount of fees paid to insurance company	USD $0
Commission paid to Insurance Broker	USD $263
Additional information about fees paid to insurance broker	SERVICE FEE
Insurance broker organization code?	3
Insurance broker name	FSC AGENCY INC

Potentially related plans

BEST ENTERPRISES INC. 401 K PROFIT SHARING PLAN TRUST [EIN = 113553015]

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Company Name:	BEST ENTERPRISES INC
Employer identification number (EIN):	261812850
NAIC Classification:	541213
NAIC Description:	Tax Preparation Services