401k Plan data: PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN plan

PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN 401k Plan overview

Plan Name	PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN
Plan identification number	001

PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
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

PERSEVERANCE PAYS INC. has sponsored the creation of one or more 401k plans.

Company Name: PERSEVERANCE PAYS INC.

Employer identification number (EIN): 453015579

NAIC Classification: 722513
NAIC Description: Limited-Service Restaurants

Additional information about PERSEVERANCE PAYS INC.

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 2011-08-15

Company Identification Number: 0801466149

Legal Registered Office Address: 305 SHERIDAN RD. OAK POINT

United States of America (USA)
75068

More information about PERSEVERANCE PAYS INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2016-01-01 JUAN-PAUL LATIMORE
001 2015-01-01 JUAN-PAUL LATIMORE
001 2014-01-01 JUAN-PAUL LATIMORE
001 2013-01-01 JUAN-PAUL LATIMORE
001 2012-01-01 JUAN-PAUL LATIMORE
001 2011-08-17 JUAN-PAUL LATIMORE

Plan id#	Filing Submission Date	Name of Administrator
001	2016-01-01	JUAN-PAUL LATIMORE
001	2015-01-01	JUAN-PAUL LATIMORE
001	2014-01-01	JUAN-PAUL LATIMORE
001	2013-01-01	JUAN-PAUL LATIMORE
001	2012-01-01	JUAN-PAUL LATIMORE
001	2011-08-17	JUAN-PAUL LATIMORE

Financial Data on PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN

Measure	Date	Value
2016 : PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources	2016-12-31	$68,993
Expenses. Total of all expenses incurred	2016-12-31	$0
Total plan assets at end of year	2016-12-31	$126,491
Total plan assets at beginning of year	2016-12-31	$57,498
Total contributions received or receivable from participants	2016-12-31	$0
Contributions received from other sources (not participants or employers)	2016-12-31	$0
Other income received	2016-12-31	$68,993
Net income (gross income less expenses)	2016-12-31	$68,993
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$126,491
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$57,498
Assets. Value of employer securities	2016-12-31	$126,481
Total contributions received or receivable from employer(s)	2016-12-31	$0
2015 : PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN 2015 401k financial data
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$13,414
Expenses. Total of all expenses incurred	2015-12-31	$0
Total plan assets at end of year	2015-12-31	$57,498
Total plan assets at beginning of year	2015-12-31	$44,084
Total contributions received or receivable from participants	2015-12-31	$0
Contributions received from other sources (not participants or employers)	2015-12-31	$0
Other income received	2015-12-31	$13,414
Net income (gross income less expenses)	2015-12-31	$13,414
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$57,498
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$44,084
Assets. Value of employer securities	2015-12-31	$57,491
Total contributions received or receivable from employer(s)	2015-12-31	$0
2014 : PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN 2014 401k financial data
Total plan liabilities at end of year	2014-12-31	$0
Total plan liabilities at beginning of year	2014-12-31	$0
Total income from all sources	2014-12-31	$-10,458
Expenses. Total of all expenses incurred	2014-12-31	$0
Total plan assets at end of year	2014-12-31	$44,084
Total plan assets at beginning of year	2014-12-31	$54,542
Total contributions received or receivable from participants	2014-12-31	$0
Contributions received from other sources (not participants or employers)	2014-12-31	$0
Other income received	2014-12-31	$-10,458
Net income (gross income less expenses)	2014-12-31	$-10,458
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$44,084
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$54,542
Assets. Value of employer securities	2014-12-31	$44,077
Total contributions received or receivable from employer(s)	2014-12-31	$0
2013 : PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN 2013 401k financial data
Total plan liabilities at end of year	2013-12-31	$0
Total plan liabilities at beginning of year	2013-12-31	$0
Total income from all sources	2013-12-31	$-26,879
Expenses. Total of all expenses incurred	2013-12-31	$50
Total plan assets at end of year	2013-12-31	$54,542
Total plan assets at beginning of year	2013-12-31	$81,471
Total contributions received or receivable from participants	2013-12-31	$0
Expenses. Other expenses not covered elsewhere	2013-12-31	$50
Contributions received from other sources (not participants or employers)	2013-12-31	$61,006
Other income received	2013-12-31	$-87,885
Net income (gross income less expenses)	2013-12-31	$-26,929
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$54,542
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$81,471
Assets. Value of employer securities	2013-12-31	$54,535
Total contributions received or receivable from employer(s)	2013-12-31	$0
2012 : PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN 2012 401k financial data
Total plan liabilities at end of year	2012-12-31	$0
Total plan liabilities at beginning of year	2012-12-31	$0
Total income from all sources	2012-12-31	$3,633
Expenses. Total of all expenses incurred	2012-12-31	$0
Total plan assets at end of year	2012-12-31	$81,471
Total plan assets at beginning of year	2012-12-31	$77,838
Total contributions received or receivable from participants	2012-12-31	$0
Contributions received from other sources (not participants or employers)	2012-12-31	$29,525
Other income received	2012-12-31	$-25,892
Net income (gross income less expenses)	2012-12-31	$3,633
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$81,471
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$77,838
Assets. Value of employer securities	2012-12-31	$51,920
Total contributions received or receivable from employer(s)	2012-12-31	$0
2011 : PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN 2011 401k financial data
Total plan liabilities at end of year	2011-12-31	$0
Total plan liabilities at beginning of year	2011-12-31	$0
Total income from all sources	2011-12-31	$77,863
Expenses. Total of all expenses incurred	2011-12-31	$25
Total plan assets at end of year	2011-12-31	$77,838
Total plan assets at beginning of year	2011-12-31	$0
Total contributions received or receivable from participants	2011-12-31	$0
Expenses. Other expenses not covered elsewhere	2011-12-31	$25
Contributions received from other sources (not participants or employers)	2011-12-31	$77,863
Other income received	2011-12-31	$0
Net income (gross income less expenses)	2011-12-31	$77,838
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$77,838
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$0
Assets. Value of employer securities	2011-12-31	$77,813
Total contributions received or receivable from employer(s)	2011-12-31	$0

Form 5500 Responses for PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN

2016: PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: PERSEVERANCE PAYS INC. 401K PROFIT SHARING PLAN 2011 form 5500 responses
2011-08-17	Type of plan entity	Single employer plan
2011-08-17	First time form 5500 has been submitted	Yes
2011-08-17	Submission has been amended	No
2011-08-17	This submission is the final filing	No
2011-08-17	This return/report is a short plan year return/report (less than 12 months)	Yes
2011-08-17	Plan is a collectively bargained plan	No
2011-08-17	Plan funding arrangement – Trust	Yes
2011-08-17	Plan benefit arrangement - Trust	Yes

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Company Name:	PERSEVERANCE PAYS INC.
Employer identification number (EIN):	453015579
NAIC Classification:	722513
NAIC Description:	Limited-Service Restaurants

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	2011-08-15
Company Identification Number:	0801466149
Legal Registered Office Address:	305 SHERIDAN RD. OAK POINT United States of America (USA) 75068