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NEW PRODUCTS CORPORATION 401(K) PLAN 401k Plan overview

Plan NameNEW PRODUCTS CORPORATION 401(K) PLAN
Plan identification number 001

NEW PRODUCTS CORPORATION 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.
  • 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

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

Company Name:NEW PRODUCTS CORPORATION
Employer identification number (EIN):380874260
NAIC Classification:332900

Additional information about NEW PRODUCTS CORPORATION

Jurisdiction of Incorporation: Nevada Department of State
Incorporation Date: 1996-04-24
Company Identification Number: 19961116810
Legal Registered Office Address: 1787 EAGLE MESA AVE

HENDERSON
United States of America (USA)
89012

More information about NEW PRODUCTS CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW PRODUCTS CORPORATION 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01MIKE VILDERS2023-05-24
0012021-01-01MIKE VILDERS2022-06-01
0012020-01-01MIKE VILDERS2021-09-03
0012018-01-01MIKE VILDERS2019-05-16
0012017-01-01MIKE VILDERS
0012016-01-01NICKIE BARNES
0012015-01-01NICKIE BARNES
0012014-01-01CLYDE DANIEL
0012013-01-01CLYDE DANIEL
0012012-01-01CLYDE DANIEL
0012011-01-01CLYDE DANIEL
0012009-01-01CLYDE DANIEL CLYDE DANIEL2010-09-28

Plan Statistics for NEW PRODUCTS CORPORATION 401(K) PLAN

401k plan membership statisitcs for NEW PRODUCTS CORPORATION 401(K) PLAN

Measure Date Value
2017: NEW PRODUCTS CORPORATION 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0168
Total number of active participants reported on line 7a of the Form 55002017-01-0155
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0116
Total of all active and inactive participants2017-01-0171
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0171
Number of participants with account balances2017-01-0144
2016: NEW PRODUCTS CORPORATION 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0177
Total number of active participants reported on line 7a of the Form 55002016-01-0152
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0116
Total of all active and inactive participants2016-01-0168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0168
Number of participants with account balances2016-01-0150
2015: NEW PRODUCTS CORPORATION 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0183
Total number of active participants reported on line 7a of the Form 55002015-01-0166
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0111
Total of all active and inactive participants2015-01-0177
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0177
Number of participants with account balances2015-01-0141
2014: NEW PRODUCTS CORPORATION 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0181
Total number of active participants reported on line 7a of the Form 55002014-01-0173
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0110
Total of all active and inactive participants2014-01-0183
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0183
Number of participants with account balances2014-01-0147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: NEW PRODUCTS CORPORATION 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0176
Total number of active participants reported on line 7a of the Form 55002013-01-0173
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-018
Total of all active and inactive participants2013-01-0181
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0181
Number of participants with account balances2013-01-0136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: NEW PRODUCTS CORPORATION 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0183
Total number of active participants reported on line 7a of the Form 55002012-01-0169
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-017
Total of all active and inactive participants2012-01-0176
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0176
Number of participants with account balances2012-01-0146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: NEW PRODUCTS CORPORATION 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0181
Total number of active participants reported on line 7a of the Form 55002011-01-0177
Number of other retired or separated participants entitled to future benefits2011-01-016
Total of all active and inactive participants2011-01-0183
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0183
Number of participants with account balances2011-01-0159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: NEW PRODUCTS CORPORATION 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01108
Total number of active participants reported on line 7a of the Form 55002009-01-01101
Number of other retired or separated participants entitled to future benefits2009-01-016
Total of all active and inactive participants2009-01-01107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01107
Number of participants with account balances2009-01-0179
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on NEW PRODUCTS CORPORATION 401(K) PLAN

Measure Date Value
2017 : NEW PRODUCTS CORPORATION 401(K) PLAN 2017 401k financial data
Total income from all sources2017-12-31$570,723
Expenses. Total of all expenses incurred2017-12-31$319,842
Benefits paid (including direct rollovers)2017-12-31$319,782
Total plan assets at end of year2017-12-31$3,098,299
Total plan assets at beginning of year2017-12-31$2,847,418
Value of fidelity bond covering the plan2017-12-31$300,000
Total contributions received or receivable from participants2017-12-31$82,523
Expenses. Other expenses not covered elsewhere2017-12-31$60
Contributions received from other sources (not participants or employers)2017-12-31$633
Other income received2017-12-31$487,567
Net income (gross income less expenses)2017-12-31$250,881
Net plan assets at end of year (total assets less liabilities)2017-12-31$3,098,299
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$2,847,418
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : NEW PRODUCTS CORPORATION 401(K) PLAN 2016 401k financial data
Total income from all sources2016-12-31$278,721
Expenses. Total of all expenses incurred2016-12-31$270,660
Benefits paid (including direct rollovers)2016-12-31$270,660
Total plan assets at end of year2016-12-31$2,847,418
Total plan assets at beginning of year2016-12-31$2,839,357
Value of fidelity bond covering the plan2016-12-31$300,000
Total contributions received or receivable from participants2016-12-31$101,535
Other income received2016-12-31$177,186
Net income (gross income less expenses)2016-12-31$8,061
Net plan assets at end of year (total assets less liabilities)2016-12-31$2,847,418
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$2,839,357
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : NEW PRODUCTS CORPORATION 401(K) PLAN 2015 401k financial data
Total income from all sources2015-12-31$155,142
Expenses. Total of all expenses incurred2015-12-31$139,731
Benefits paid (including direct rollovers)2015-12-31$139,731
Total plan assets at end of year2015-12-31$2,839,357
Total plan assets at beginning of year2015-12-31$2,823,946
Value of fidelity bond covering the plan2015-12-31$300,000
Total contributions received or receivable from participants2015-12-31$104,026
Other income received2015-12-31$51,116
Net income (gross income less expenses)2015-12-31$15,411
Net plan assets at end of year (total assets less liabilities)2015-12-31$2,839,357
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$2,823,946
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : NEW PRODUCTS CORPORATION 401(K) PLAN 2014 401k financial data
Total income from all sources2014-12-31$269,452
Expenses. Total of all expenses incurred2014-12-31$259,306
Benefits paid (including direct rollovers)2014-12-31$259,306
Total plan assets at end of year2014-12-31$2,823,946
Total plan assets at beginning of year2014-12-31$2,813,800
Value of fidelity bond covering the plan2014-12-31$200,000
Total contributions received or receivable from participants2014-12-31$100,164
Other income received2014-12-31$169,288
Net income (gross income less expenses)2014-12-31$10,146
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,823,946
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$2,813,800
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : NEW PRODUCTS CORPORATION 401(K) PLAN 2013 401k financial data
Total income from all sources2013-12-31$600,885
Expenses. Total of all expenses incurred2013-12-31$207,482
Benefits paid (including direct rollovers)2013-12-31$207,482
Total plan assets at end of year2013-12-31$2,813,800
Total plan assets at beginning of year2013-12-31$2,420,397
Value of fidelity bond covering the plan2013-12-31$200,000
Total contributions received or receivable from participants2013-12-31$102,427
Other income received2013-12-31$498,458
Net income (gross income less expenses)2013-12-31$393,403
Net plan assets at end of year (total assets less liabilities)2013-12-31$2,813,800
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$2,420,397
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : NEW PRODUCTS CORPORATION 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$420,183
Expenses. Total of all expenses incurred2012-12-31$204,679
Benefits paid (including direct rollovers)2012-12-31$204,679
Total plan assets at end of year2012-12-31$2,420,397
Total plan assets at beginning of year2012-12-31$2,204,893
Value of fidelity bond covering the plan2012-12-31$200,000
Total contributions received or receivable from participants2012-12-31$115,195
Other income received2012-12-31$304,988
Net income (gross income less expenses)2012-12-31$215,504
Net plan assets at end of year (total assets less liabilities)2012-12-31$2,420,397
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$2,204,893
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : NEW PRODUCTS CORPORATION 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$119,833
Expenses. Total of all expenses incurred2011-12-31$122,546
Benefits paid (including direct rollovers)2011-12-31$122,546
Total plan assets at end of year2011-12-31$2,204,893
Total plan assets at beginning of year2011-12-31$2,207,606
Value of fidelity bond covering the plan2011-12-31$200,000
Total contributions received or receivable from participants2011-12-31$122,728
Other income received2011-12-31$-2,895
Net income (gross income less expenses)2011-12-31$-2,713
Net plan assets at end of year (total assets less liabilities)2011-12-31$2,204,893
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$2,207,606
2010 : NEW PRODUCTS CORPORATION 401(K) PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$407,514
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$370,237
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$370,237
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$150,519
Value of total assets at end of year2010-12-31$2,207,606
Value of total assets at beginning of year2010-12-31$2,170,329
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$0
Total interest from all sources2010-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$34,545
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$34,545
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$200,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$150,519
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$37,277
Value of net assets at end of year (total assets less liabilities)2010-12-31$2,207,606
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$2,170,329
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$2,207,606
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$2,170,329
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$222,450
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$370,237
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31PLANTE & MORAN, PLLC
Accountancy firm EIN2010-12-31381357951

Form 5500 Responses for NEW PRODUCTS CORPORATION 401(K) PLAN

2017: NEW PRODUCTS CORPORATION 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: NEW PRODUCTS CORPORATION 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: NEW PRODUCTS CORPORATION 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: NEW PRODUCTS CORPORATION 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: NEW PRODUCTS CORPORATION 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: NEW PRODUCTS CORPORATION 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: NEW PRODUCTS CORPORATION 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: NEW PRODUCTS CORPORATION 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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