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STC FRANCHISEE MANAGEMENT GROUP, LLC 401(K) PLAN 401k Plan overview

Plan NameSTC FRANCHISEE MANAGEMENT GROUP, LLC 401(K) PLAN
Plan identification number 001

STC FRANCHISEE MANAGEMENT GROUP, LLC 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.
  • Plan covering Self-Employed individuals.
  • 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

STC FRANCHISEE MANAGEMENT GROUP, LLC has sponsored the creation of one or more 401k plans.

Company Name:STC FRANCHISEE MANAGEMENT GROUP, LLC
Employer identification number (EIN):274362526
NAIC Classification:812190

Form 5500 Filing Information

Submission information for form 5500 for 401k plan STC FRANCHISEE MANAGEMENT GROUP, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01JAMIE MASON2024-11-05

Financial Data on STC FRANCHISEE MANAGEMENT GROUP, LLC 401(K) PLAN

Measure Date Value
2025 : STC FRANCHISEE MANAGEMENT GROUP, LLC 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-10-150
Total expenses incurred by plan in this plan year2025-10-1560759
Net assets as of the end of the plan year2025-10-15867682
Total assets as of the beginning of the plan year2025-10-15580045
Value of plan covered by a fidelity bond2025-10-15865645
Participant contributions to plan in this plan year2025-10-15193424
Other expenses paid from plan in this plan year2025-10-150
Other contributions to plan in this plan year2025-10-157944
Other income to plan in this plan year2025-10-1590918
Plan net income in this plan year2025-10-15287637
Net assets as of the end of the plan year2025-10-15867682
Net assets as of the beginning of the plan year2025-10-15580045
Employer contributions to plan in this plan year2025-10-1556110
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-1515439
2024 : STC FRANCHISEE MANAGEMENT GROUP, LLC 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-1518176
Net assets as of the end of the plan year2024-10-15580045
Total assets as of the beginning of the plan year2024-10-15276161
Value of plan covered by a fidelity bond2024-10-1558005
Participant contributions to plan in this plan year2024-10-15193683
Other expenses paid from plan in this plan year2024-10-150
Other contributions to plan in this plan year2024-10-150
Other income to plan in this plan year2024-10-1574580
Plan net income in this plan year2024-10-15303884
Net assets as of the end of the plan year2024-10-15580045
Net assets as of the beginning of the plan year2024-10-15276161
Employer contributions to plan in this plan year2024-10-1553797
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-158238
2022 : STC FRANCHISEE MANAGEMENT GROUP, LLC 401(K) PLAN 2022 401k financial data
Total income from all sources (including contributions)2022-12-31$277,766
Total of all expenses incurred2022-12-31$1,605
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$285,155
Value of total assets at end of year2022-12-31$276,161
Value of total assets at beginning of year2022-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$1,605
Total interest from all sources2022-12-31$7
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$50,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$175,000
Participant contributions at end of year2022-12-31$811
Participant contributions at beginning of year2022-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$61,963
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$276,161
Value of net assets at end of year (total assets less liabilities)2022-12-31$276,161
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in pooled separate accounts at end of year2022-12-31$273,490
Value of interest in pooled separate accounts at beginning of year2022-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$7
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$1,807
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$0
Net investment gain/loss from pooled separate accounts2022-12-31$-7,396
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$48,192
Employer contributions (assets) at end of year2022-12-31$53
Employer contributions (assets) at beginning of year2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$0
Contract administrator fees2022-12-31$1,605
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31VANCE CPA LLC
Accountancy firm EIN2022-12-31631284602
Total income from all sources (including contributions)2022-01-01$277,766
Total of all expenses incurred2022-01-01$1,605
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$285,155
Value of total assets at end of year2022-01-01$276,161
Value of total assets at beginning of year2022-01-01$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$1,605
Total interest from all sources2022-01-01$7
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$50,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$175,000
Participant contributions at end of year2022-01-01$811
Participant contributions at beginning of year2022-01-01$0
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$61,963
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$276,161
Value of net assets at end of year (total assets less liabilities)2022-01-01$276,161
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Value of interest in pooled separate accounts at end of year2022-01-01$273,490
Value of interest in pooled separate accounts at beginning of year2022-01-01$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-01-01$7
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-01-01$1,807
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-01-01$0
Net investment gain/loss from pooled separate accounts2022-01-01$-7,396
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$48,192
Employer contributions (assets) at end of year2022-01-01$53
Employer contributions (assets) at beginning of year2022-01-01$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$0
Contract administrator fees2022-01-01$1,605
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01VANCE CPA LLC
Accountancy firm EIN2022-01-01631284602

Form 5500 Responses for STC FRANCHISEE MANAGEMENT GROUP, LLC 401(K) PLAN

2022: STC FRANCHISEE MANAGEMENT GROUP, LLC 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entityMulitple employer plan
2022-01-01First time form 5500 has been submittedYes
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number81K260
Policy instance 1

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