401k Plan data: ADDITEL CORPORATION 401(K) PLAN plan

ADDITEL CORPORATION 401(K) PLAN 401k Plan overview

Plan Name	ADDITEL CORPORATION 401(K) PLAN
Plan identification number	001

ADDITEL CORPORATION 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.
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

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

Company Name: ADDITEL CORPORATION

Employer identification number (EIN): 274204987

NAIC Classification: 339900

Additional information about ADDITEL CORPORATION

Jurisdiction of Incorporation: California Department of State

Incorporation Date:

Company Identification Number: C3329359

More information about ADDITEL CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ADDITEL CORPORATION 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
001 2021-01-01
001 2020-01-01
001 2019-01-01 MINGJIAN ZHAO 2020-03-19
001 2018-01-01 MINGJIAN ZHAO 2019-10-15
001 2017-01-01 MINGJIAN ZHAO 2018-05-29
001 2016-01-01 MINGJIAN ZHAO 2017-06-25
001 2015-01-01 MINGJIAN ZHAO 2016-06-20
001 2014-01-01 MINGJIAN ZHAO 2015-04-29

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01	MINGJIAN ZHAO	2020-03-19
001	2018-01-01	MINGJIAN ZHAO	2019-10-15
001	2017-01-01	MINGJIAN ZHAO	2018-05-29
001	2016-01-01	MINGJIAN ZHAO	2017-06-25
001	2015-01-01	MINGJIAN ZHAO	2016-06-20
001	2014-01-01	MINGJIAN ZHAO	2015-04-29

Plan Statistics for ADDITEL CORPORATION 401(K) PLAN

401k plan membership statisitcs for ADDITEL CORPORATION 401(K) PLAN

Measure Date Value
2022: ADDITEL CORPORATION 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 23
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 19
Number of other retired or separated participants entitled to future benefits 2022-01-01 2
Total of all active and inactive participants 2022-01-01 21
Total participants 2022-01-01 21
Number of participants with account balances 2022-01-01 17
2021: ADDITEL CORPORATION 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 22
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 21
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 2
Total of all active and inactive participants 2021-01-01 23
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 23
Number of participants with account balances 2021-01-01 16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: ADDITEL CORPORATION 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 19
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 20
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 2
Total of all active and inactive participants 2020-01-01 22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 22
Number of participants with account balances 2020-01-01 16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0

Measure	Date	Value
2022: ADDITEL CORPORATION 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	23
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	19
Number of other retired or separated participants entitled to future benefits	2022-01-01	2
Total of all active and inactive participants	2022-01-01	21
Total participants	2022-01-01	21
Number of participants with account balances	2022-01-01	17
2021: ADDITEL CORPORATION 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	22
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	21
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	2
Total of all active and inactive participants	2021-01-01	23
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	23
Number of participants with account balances	2021-01-01	16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: ADDITEL CORPORATION 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	19
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	20
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	2
Total of all active and inactive participants	2020-01-01	22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	22
Number of participants with account balances	2020-01-01	16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0

Financial Data on ADDITEL CORPORATION 401(K) PLAN

Measure	Date	Value
2022 : ADDITEL CORPORATION 401(K) PLAN 2022 401k financial data
Transfers to/from the plan	2022-12-31	$0
Total plan liabilities at end of year	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$-25,128
Expenses. Total of all expenses incurred	2022-12-31	$12,861
Benefits paid (including direct rollovers)	2022-12-31	$4,345
Total plan assets at end of year	2022-12-31	$1,161,789
Total plan assets at beginning of year	2022-12-31	$1,199,778
Value of fidelity bond covering the plan	2022-12-31	$200,000
Assets. Value of tangible personal property	2022-12-31	$0
Total contributions received or receivable from participants	2022-12-31	$132,277
Assets. Value of loans (other than to participants)	2022-12-31	$0
Expenses. Other expenses not covered elsewhere	2022-12-31	$0
Contributions received from other sources (not participants or employers)	2022-12-31	$0
Other income received	2022-12-31	$-232,851
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$-37,989
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$1,161,789
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$1,199,778
Assets. Value of participant loans	2022-12-31	$20,861
Assets. Value of assets in partnership/joint-venture interests	2022-12-31	$0
Assets. Value of real-estate (other than employer real property)	2022-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2022-12-31	$0
Assets. Value of employer securities	2022-12-31	$0
Assets. Value of employer real property	2022-12-31	$0
Total contributions received or receivable from employer(s)	2022-12-31	$75,446
Value of certain deemed distributions of participant loans	2022-12-31	$0
Value of corrective distributions	2022-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$8,516
2021 : ADDITEL CORPORATION 401(K) PLAN 2021 401k financial data
Transfers to/from the plan	2021-12-31	$0
Total plan liabilities at end of year	2021-12-31	$0
Total plan liabilities at beginning of year	2021-12-31	$0
Total income from all sources	2021-12-31	$344,718
Expenses. Total of all expenses incurred	2021-12-31	$15,449
Benefits paid (including direct rollovers)	2021-12-31	$4,362
Total plan assets at end of year	2021-12-31	$1,199,778
Total plan assets at beginning of year	2021-12-31	$870,509
Value of fidelity bond covering the plan	2021-12-31	$200,000
Total contributions received or receivable from participants	2021-12-31	$110,928
Expenses. Other expenses not covered elsewhere	2021-12-31	$0
Contributions received from other sources (not participants or employers)	2021-12-31	$0
Other income received	2021-12-31	$168,657
Noncash contributions received	2021-12-31	$0
Net income (gross income less expenses)	2021-12-31	$329,269
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$1,199,778
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$870,509
Assets. Value of participant loans	2021-12-31	$27,264
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2021-12-31	$0
Total contributions received or receivable from employer(s)	2021-12-31	$65,133
Value of certain deemed distributions of participant loans	2021-12-31	$0
Value of corrective distributions	2021-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$11,087
2020 : ADDITEL CORPORATION 401(K) PLAN 2020 401k financial data
Transfers to/from the plan	2020-12-31	$0
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$203,064
Expenses. Total of all expenses incurred	2020-12-31	$60,669
Benefits paid (including direct rollovers)	2020-12-31	$55,059
Total plan assets at end of year	2020-12-31	$870,509
Total plan assets at beginning of year	2020-12-31	$728,114
Total contributions received or receivable from participants	2020-12-31	$89,907
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$10,843
Other income received	2020-12-31	$41,534
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$142,395
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$870,509
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$728,114
Assets. Value of participant loans	2020-12-31	$33,100
Total contributions received or receivable from employer(s)	2020-12-31	$60,780
Value of certain deemed distributions of participant loans	2020-12-31	$0
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$5,610

Form 5500 Responses for ADDITEL CORPORATION 401(K) PLAN

2022: ADDITEL CORPORATION 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	This submission is the final filing	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: ADDITEL CORPORATION 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	This submission is the final filing	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: ADDITEL CORPORATION 401(K) 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

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

113119

Policy instance

Insurance contract or identification number	113119
Number of Individuals Covered	0
Insurance policy start date	2020-01-01
Insurance policy end date	2020-03-02
Total amount of commissions paid to insurance broker	USD $608
Total amount of fees paid to insurance company	USD $61
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for types other than group deferred annuity or individual?	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
Commission paid to Insurance Broker	USD $608
Amount paid for insurance broker fees	61

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Company Name:	ADDITEL CORPORATION
Employer identification number (EIN):	274204987
NAIC Classification:	339900

Jurisdiction of Incorporation:	California Department of State
Incorporation Date:
Company Identification Number:	C3329359