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PERSA DESIGNED INC CASH BALANCE PENSION PLAN 401k Plan overview

Plan NamePERSA DESIGNED INC CASH BALANCE PENSION PLAN
Plan identification number 002

PERSA DESIGNED INC CASH BALANCE PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • 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

PERSA DESIGNED CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:PERSA DESIGNED CORPORATION
Employer identification number (EIN):263961587
NAIC Classification:238900

Additional information about PERSA DESIGNED CORPORATION

Jurisdiction of Incorporation: California Department of State
Incorporation Date: 2008-12-24
Company Identification Number: C3176394
Legal Registered Office Address: 101 N Brand Blvd 11th Fl

Glendale
United States of America (USA)
91203

More information about PERSA DESIGNED CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PERSA DESIGNED INC CASH BALANCE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01

Financial Data on PERSA DESIGNED INC CASH BALANCE PENSION PLAN

Measure Date Value
2025 : PERSA DESIGNED INC CASH BALANCE PENSION PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-09-250
Total liabilities as of the end of the plan year2025-09-250
Total liabilities as of the beginning of the plan year2025-09-250
Total expenses incurred by plan in this plan year2025-09-255133
Net assets as of the end of the plan year2025-09-25927208
Total assets as of the beginning of the plan year2025-09-25854445
Value of plan covered by a fidelity bond2025-09-25385000
Participant contributions to plan in this plan year2025-09-250
Value of participant loans at end of plan year2025-09-2560609
Other expenses paid from plan in this plan year2025-09-250
Other contributions to plan in this plan year2025-09-250
Other income to plan in this plan year2025-09-2572896
Plan net income in this plan year2025-09-2572763
Net assets as of the end of the plan year2025-09-25927208
Net assets as of the beginning of the plan year2025-09-25854445
Employer contributions to plan in this plan year2025-09-255000
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-255133
2024 : PERSA DESIGNED INC CASH BALANCE PENSION PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-020
Total liabilities as of the end of the plan year2024-10-020
Total liabilities as of the beginning of the plan year2024-10-020
Total expenses incurred by plan in this plan year2024-10-024320
Net assets as of the end of the plan year2024-10-02854445
Total assets as of the beginning of the plan year2024-10-02691051
Participant contributions to plan in this plan year2024-10-020
Value of participant loans at end of plan year2024-10-0286986
Other expenses paid from plan in this plan year2024-10-020
Other contributions to plan in this plan year2024-10-020
Other income to plan in this plan year2024-10-0267714
Plan net income in this plan year2024-10-02163394
Net assets as of the end of the plan year2024-10-02854445
Net assets as of the beginning of the plan year2024-10-02691051
Employer contributions to plan in this plan year2024-10-02100000
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-024320
2022 : PERSA DESIGNED INC CASH BALANCE PENSION PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-042995
Net assets as of the end of the plan year2022-10-04693459
Total assets as of the beginning of the plan year2022-10-04472664
Value of plan covered by a fidelity bond2022-10-04150000
Other income to plan in this plan year2022-10-0423790
Plan net income in this plan year2022-10-04220795
Net assets as of the end of the plan year2022-10-04693459
Net assets as of the beginning of the plan year2022-10-04472664
Employer contributions to plan in this plan year2022-10-04200000
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-042995

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