?>
Logo

WORLD VIEW ENTERPRISES 401(K) PLAN 401k Plan overview

Plan NameWORLD VIEW ENTERPRISES 401(K) PLAN
Plan identification number 001

WORLD VIEW ENTERPRISES 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • 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

WORLD VIEW ENTERPRISES, INC. has sponsored the creation of one or more 401k plans.

Company Name:WORLD VIEW ENTERPRISES, INC.
Employer identification number (EIN):461008671
NAIC Classification:541700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WORLD VIEW ENTERPRISES 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01ASHLEY SMITH2023-05-09
0012021-01-01ASHLEY SMITH2022-06-01
0012020-01-01RYAN HARTMAN2021-10-14
0012019-01-01
0012018-01-01
0012017-01-01

Plan Statistics for WORLD VIEW ENTERPRISES 401(K) PLAN

401k plan membership statisitcs for WORLD VIEW ENTERPRISES 401(K) PLAN

Measure Date Value
2020: WORLD VIEW ENTERPRISES 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01129
Total number of active participants reported on line 7a of the Form 55002020-01-0123
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0122
Total of all active and inactive participants2020-01-0145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0145
Number of participants with account balances2020-01-0133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010

Financial Data on WORLD VIEW ENTERPRISES 401(K) PLAN

Measure Date Value
2020 : WORLD VIEW ENTERPRISES 401(K) PLAN 2020 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$20,293
Total income from all sources (including contributions)2020-12-31$707,724
Total of all expenses incurred2020-12-31$760,153
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$748,180
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$491,476
Value of total assets at end of year2020-12-31$1,000,687
Value of total assets at beginning of year2020-12-31$1,032,823
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$11,973
Total interest from all sources2020-12-31$29
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$216,219
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$216,219
Administrative expenses professional fees incurred2020-12-31$11,973
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$40,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$316,531
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$174,945
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$20,293
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$-52,429
Value of net assets at end of year (total assets less liabilities)2020-12-31$980,394
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$1,032,823
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$1,000,687
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$1,032,823
Interest on participant loans2020-12-31$29
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$748,180
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31METZ & ASSOCIATES PLLC
Accountancy firm EIN2020-12-31464558541

Form 5500 Responses for WORLD VIEW ENTERPRISES 401(K) PLAN

2020: WORLD VIEW ENTERPRISES 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number128779
Policy instance 1
Insurance contract or identification number128779
Number of Individuals Covered44
Total amount of commissions paid to insurance brokerUSD $4,170
Total amount of fees paid to insurance companyUSD $418
Commission paid to Insurance BrokerUSD $4,170
Additional information about fees paid to insurance brokerBROKER COMMISSION
Insurance broker organization code?4
Amount paid for insurance broker fees418

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3