401k Plan data: FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN plan

FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN 401k Plan overview

Plan Name	FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN
Plan identification number	002

FUNAI CORPORATION, INC. 401K AND PROFIT SHARING 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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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

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

Company Name: FUNAI CORPORATION, INC.

Employer identification number (EIN): 262818386

NAIC Classification: 423600

Additional information about FUNAI CORPORATION, INC.

Jurisdiction of Incorporation: Virginia Secretary of State

Incorporation Date: 2002-06-03

Company Identification Number: F151245

Legal Registered Office Address: 250 BROWNS HILL CT

MIDLOTHIAN
United States of America (USA)
23114

More information about FUNAI CORPORATION, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2021-01-01
002 2021-01-01
002 2020-01-01
002 2019-01-01

Plan Statistics for FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN

401k plan membership statisitcs for FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN

Measure Date Value
2022: FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 184
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 111
Number of retired or separated participants receiving benefits 2022-01-01 2
Number of other retired or separated participants entitled to future benefits 2022-01-01 72
Total of all active and inactive participants 2022-01-01 185
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 185
Number of participants with account balances 2022-01-01 185
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 191
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 114
Number of retired or separated participants receiving benefits 2021-01-01 2
Number of other retired or separated participants entitled to future benefits 2021-01-01 68
Total of all active and inactive participants 2021-01-01 184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 184
Number of participants with account balances 2021-01-01 184
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 196
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 119
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 70
Total of all active and inactive participants 2020-01-01 191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 191
Number of participants with account balances 2020-01-01 187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 205
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 116
Number of retired or separated participants receiving benefits 2019-01-01 3
Number of other retired or separated participants entitled to future benefits 2019-01-01 76
Total of all active and inactive participants 2019-01-01 195
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 195
Number of participants with account balances 2019-01-01 190

Measure	Date	Value
2022: FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	184
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	111
Number of retired or separated participants receiving benefits	2022-01-01	2
Number of other retired or separated participants entitled to future benefits	2022-01-01	72
Total of all active and inactive participants	2022-01-01	185
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	185
Number of participants with account balances	2022-01-01	185
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	191
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	114
Number of retired or separated participants receiving benefits	2021-01-01	2
Number of other retired or separated participants entitled to future benefits	2021-01-01	68
Total of all active and inactive participants	2021-01-01	184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	184
Number of participants with account balances	2021-01-01	184
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	196
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	119
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	70
Total of all active and inactive participants	2020-01-01	191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	191
Number of participants with account balances	2020-01-01	187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	205
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	116
Number of retired or separated participants receiving benefits	2019-01-01	3
Number of other retired or separated participants entitled to future benefits	2019-01-01	76
Total of all active and inactive participants	2019-01-01	195
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	195
Number of participants with account balances	2019-01-01	190

Financial Data on FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN

Measure	Date	Value
2022 : FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-1,655,240
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$476,077
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$321,254
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$2,022,552
Value of total assets at end of year	2022-12-31	$20,811,836
Value of total assets at beginning of year	2022-12-31	$22,943,153
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$154,823
Total interest from all sources	2022-12-31	$60,237
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$100,576
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$100,576
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$1,160,489
Participant contributions at end of year	2022-12-31	$75,713
Participant contributions at beginning of year	2022-12-31	$99,718
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$597,235
Other income not declared elsewhere	2022-12-31	$74,999
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-2,131,317
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$20,811,836
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$22,943,153
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Investment advisory and management fees	2022-12-31	$75,000
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$6,776,429
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$8,211,861
Value of interest in pooled separate accounts at end of year	2022-12-31	$2,639,016
Value of interest in pooled separate accounts at beginning of year	2022-12-31	$2,727,844
Interest on participant loans	2022-12-31	$3,704
Interest earned on other investments	2022-12-31	$56,533
Value of interest in common/collective trusts at end of year	2022-12-31	$7,485,645
Value of interest in common/collective trusts at beginning of year	2022-12-31	$8,643,882
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$3,835,033
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$3,259,848
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-1,660,622
Net investment gain/loss from pooled separate accounts	2022-12-31	$-408,250
Net investment gain or loss from common/collective trusts	2022-12-31	$-1,844,732
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$264,828
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$321,254
Contract administrator fees	2022-12-31	$79,823
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	MARCUM LLP
Accountancy firm EIN	2022-12-31	111986323
2021 : FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$3,753,570
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$722,396
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$548,506
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,344,621
Value of total assets at end of year	2021-12-31	$22,943,154
Value of total assets at beginning of year	2021-12-31	$19,911,980
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$173,890
Total interest from all sources	2021-12-31	$49,758
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$129,524
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$129,524
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$1,082,195
Participant contributions at end of year	2021-12-31	$99,718
Participant contributions at beginning of year	2021-12-31	$92,881
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$16,151
Other income not declared elsewhere	2021-12-31	$93,370
Administrative expenses (other) incurred	2021-12-31	$173,890
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$3,031,174
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$22,943,154
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$19,911,980
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$8,211,861
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$6,657,859
Value of interest in pooled separate accounts at end of year	2021-12-31	$2,727,844
Value of interest in pooled separate accounts at beginning of year	2021-12-31	$2,612,933
Interest on participant loans	2021-12-31	$3,542
Interest earned on other investments	2021-12-31	$46,216
Value of interest in common/collective trusts at end of year	2021-12-31	$8,643,883
Value of interest in common/collective trusts at beginning of year	2021-12-31	$7,669,018
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$3,259,848
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$2,879,289
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$1,066,081
Net investment gain/loss from pooled separate accounts	2021-12-31	$-28,738
Net investment gain or loss from common/collective trusts	2021-12-31	$1,098,954
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$246,275
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$548,506
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Disclaimer
Accountancy firm name	2021-12-31	LTSP, INC
Accountancy firm EIN	2021-12-31	953864890
2020 : FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$4,748,092
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$928,931
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$854,783
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$2,046,900
Value of total assets at end of year	2020-12-31	$19,911,980
Value of total assets at beginning of year	2020-12-31	$16,092,819
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$74,148
Total interest from all sources	2020-12-31	$40,998
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$61,490
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$61,490
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$1,021,183
Participant contributions at end of year	2020-12-31	$92,881
Participant contributions at beginning of year	2020-12-31	$42,066
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$793,912
Other income not declared elsewhere	2020-12-31	$56,868
Administrative expenses (other) incurred	2020-12-31	$74,148
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$3,819,161
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$19,911,980
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$16,092,819
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$14,326,877
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$14,055,428
Value of interest in pooled separate accounts at end of year	2020-12-31	$2,612,933
Value of interest in pooled separate accounts at beginning of year	2020-12-31	$0
Interest on participant loans	2020-12-31	$3,010
Interest earned on other investments	2020-12-31	$37,988
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$2,879,289
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$1,995,325
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$2,374,383
Net investment gain/loss from pooled separate accounts	2020-12-31	$167,453
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$231,805
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$854,783
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	LTSP, INC.
Accountancy firm EIN	2020-12-31	953864890
2019 : FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$4,189,008
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$1,355,324
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$1,266,726
Expenses. Certain deemed distributions of participant loans	2019-12-31	$14,970
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$1,159,543
Value of total assets at end of year	2019-12-31	$16,092,819
Value of total assets at beginning of year	2019-12-31	$13,259,135
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$73,628
Total interest from all sources	2019-12-31	$28,460
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$130,325
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$130,325
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$220,344
Participant contributions at end of year	2019-12-31	$42,066
Participant contributions at beginning of year	2019-12-31	$58,709
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$935,763
Other income not declared elsewhere	2019-12-31	$72,186
Administrative expenses (other) incurred	2019-12-31	$73,628
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Income. Non cash contributions	2019-12-31	$3,436
Value of net income/loss	2019-12-31	$2,833,684
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$16,092,819
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$13,259,135
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$14,055,428
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$11,405,267
Interest on participant loans	2019-12-31	$2,377
Interest earned on other investments	2019-12-31	$26,083
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$1,995,325
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$1,795,159
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$2,798,494
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$1,266,726
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	LTSP, INC.
Accountancy firm EIN	2019-12-31	953864890

Form 5500 Responses for FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN

2022: FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	Yes
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: FUNAI CORPORATION, INC. 401K AND PROFIT SHARING 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 – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	Yes
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 – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )

Policy contract number

040758

Policy instance

Insurance contract or identification number	040758
Number of Individuals Covered	185
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )

Policy contract number

040758

Policy instance

Insurance contract or identification number	040758
Number of Individuals Covered	184
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )

Policy contract number

040758

Policy instance

Insurance contract or identification number	040758
Number of Individuals Covered	191
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )

Policy contract number

040758

Policy instance

Insurance contract or identification number	040758
Number of Individuals Covered	195
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

Potentially related plans

FUNAI CORPORATION, INC. 401K AND PROFIT SHARING PLAN [EIN = 223114090]

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Company Name:	FUNAI CORPORATION, INC.
Employer identification number (EIN):	262818386
NAIC Classification:	423600

Jurisdiction of Incorporation:	Virginia Secretary of State
Incorporation Date:	2002-06-03
Company Identification Number:	F151245
Legal Registered Office Address:	250 BROWNS HILL CT MIDLOTHIAN United States of America (USA) 23114