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PANCO INC. 401(K) PLAN 401k Plan overview

Plan NamePANCO INC. 401(K) PLAN
Plan identification number 001

PANCO 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

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

Company Name:PANCO INC.
Employer identification number (EIN):263879573
NAIC Classification:238300

Additional information about PANCO INC.

Jurisdiction of Incorporation: California Department of State
Incorporation Date: 1985-04-08
Company Identification Number: C1336367
Legal Registered Office Address: 2271-F Palmdale Blvd Ste D-15

Palmdale
United States of America (USA)
93550

More information about PANCO INC.

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01JULIE HOLBROOK2022-08-11 JULIE HOLBROOK2022-08-11
0012021-01-01JULIE HOLBROOK2022-06-20
0012020-01-01JULIE HOLBROOK2021-06-07 JULIE HOLBROOK2021-06-07
0012020-01-01JULIE HOLBROOK2021-06-07 JULIE HOLBROOK2021-06-07
0012019-01-01JULIE HOLBROOK2020-05-11 JULIE HOLBROOK2020-05-11
0012018-01-01JULIE HOLBROOK2019-06-03 JULIE HOLBROOK2019-06-03
0012017-01-01JULIE HOLBROOK2018-04-06 JULIE HOLBROOK2018-04-06
0012016-01-01JULIE HOLBROOK2017-04-05 JULIE HOLBROOK2017-04-05
0012015-01-01JULIE HOLBROOK2016-04-13 JULIE HOLBROOK2016-04-13
0012014-01-01JULIE HOLBROOK2015-05-22

Plan Statistics for PANCO INC. 401(K) PLAN

401k plan membership statisitcs for PANCO INC. 401(K) PLAN

Measure Date Value
2022: PANCO INC. 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-08-1121
Total number of particpants at end of year2022-08-110
Number of Participants With Account Balances2022-08-110
Total number of particpants at beginning of year2022-06-2020
Total number of particpants at end of year2022-06-2021
Number of Participants With Account Balances2022-06-2021

Financial Data on PANCO INC. 401(K) PLAN

Measure Date Value
2022 : PANCO INC. 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-08-111515387
Net assets as of the end of the plan year2022-08-110
Total assets as of the beginning of the plan year2022-08-111553631
Value of plan covered by a fidelity bond2022-08-11100000
Participant contributions to plan in this plan year2022-08-1111669
Other contributions to plan in this plan year2022-08-1165401
Other income to plan in this plan year2022-08-11-180715
Plan net income in this plan year2022-08-11-1553631
Net assets as of the end of the plan year2022-08-110
Net assets as of the beginning of the plan year2022-08-111553631
Employer contributions to plan in this plan year2022-08-1165401
Expensese paid to adminstrative service provicers from plan in this plan year2022-08-111537
Total expenses incurred by plan in this plan year2022-06-2084352
Net assets as of the end of the plan year2022-06-201553631
Total assets as of the beginning of the plan year2022-06-201262249
Value of plan covered by a fidelity bond2022-06-20100000
Participant contributions to plan in this plan year2022-06-2060768
Other contributions to plan in this plan year2022-06-200
Other income to plan in this plan year2022-06-20215375
Plan net income in this plan year2022-06-20291382
Net assets as of the end of the plan year2022-06-201553631
Net assets as of the beginning of the plan year2022-06-201262249
Employer contributions to plan in this plan year2022-06-2099591
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-2019399

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