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NANO PRECISION MEDICAL INC. RETIREMENT PLAN 401k Plan overview

Plan NameNANO PRECISION MEDICAL INC. RETIREMENT PLAN
Plan identification number 001

NANO PRECISION MEDICAL INC. RETIREMENT 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

NANO PRECISION MEDICAL INC. has sponsored the creation of one or more 401k plans.

Company Name:NANO PRECISION MEDICAL INC.
Employer identification number (EIN):271512915
NAIC Classification:541600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NANO PRECISION MEDICAL INC. RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01LEONA KINOSHITA2020-06-30
0012018-01-01NANO PRECISION MEDICAL2019-07-15
0012017-01-01LEONA KINOSHITA2018-07-09
0012016-05-01PLAN SPONSOR2017-07-12

Financial Data on NANO PRECISION MEDICAL INC. RETIREMENT PLAN

Measure Date Value
2025 : NANO PRECISION MEDICAL INC. RETIREMENT PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-11200829
Net assets as of the end of the plan year2025-06-115440202
Total assets as of the beginning of the plan year2025-06-113758359
Value of plan covered by a fidelity bond2025-06-11400000
Participant contributions to plan in this plan year2025-06-11622503
Value of participant loans at end of plan year2025-06-111005
Other contributions to plan in this plan year2025-06-11433152
Other income to plan in this plan year2025-06-11590027
Plan net income in this plan year2025-06-111681843
Net assets as of the end of the plan year2025-06-115440202
Net assets as of the beginning of the plan year2025-06-113758359
Value of contributions failed to transmitted timely2025-06-1124800
Employer contributions to plan in this plan year2025-06-11236990
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-112770
2024 : NANO PRECISION MEDICAL INC. RETIREMENT PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-15449530
Net assets as of the end of the plan year2024-07-153758359
Total assets as of the beginning of the plan year2024-07-152804653
Value of plan covered by a fidelity bond2024-07-15400000
Participant contributions to plan in this plan year2024-07-15530384
Other contributions to plan in this plan year2024-07-1581591
Other income to plan in this plan year2024-07-15569808
Plan net income in this plan year2024-07-15953706
Net assets as of the end of the plan year2024-07-153758359
Net assets as of the beginning of the plan year2024-07-152804653
Value of contributions failed to transmitted timely2024-07-151410
Employer contributions to plan in this plan year2024-07-15221453
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-152638

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