401k Plan data: BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN plan

BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN 401k Plan overview

Plan Name	BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN
Plan identification number	001

BRIGHTBOON BUSINESS MANAGEMENT, INC. 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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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

BRIGHTBOON BUSINESS MANAGEMENT, INC has sponsored the creation of one or more 401k plans.

Company Name: BRIGHTBOON BUSINESS MANAGEMENT, INC

Employer identification number (EIN): 462241829

NAIC Classification: 812112
NAIC Description: Beauty Salons

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BRIGHTBOON BUSINESS MANAGEMENT, INC. 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 2022-01-01
001 2022-01-01 VANESSA ROYAL
001 2021-01-01
001 2021-01-01 VANESSA ABIGAIL ROYAL
001 2020-01-01
001 2019-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01
001 2016-01-01 VANESSA ABIGAIL ROYAL VANESSA ABIGAIL ROYAL 2017-10-12
001 2016-01-01 VANESSA ABIGAIL ROYAL 2018-10-04
001 2015-01-01 VANESSA ABIGAIL ROYAL VANESSA ABIGAIL ROYAL 2016-10-13
001 2014-01-01 VANESSA ROYAL VANESSA ROYAL 2015-10-15
001 2014-01-01 2015-10-15
001 2013-03-07 VANESSA ABIGAIL ROYAL VANESSA ABIGAIL ROYAL 2018-02-11

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2022-01-01
001	2022-01-01	VANESSA ROYAL
001	2021-01-01
001	2021-01-01	VANESSA ABIGAIL ROYAL
001	2020-01-01
001	2019-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01
001	2016-01-01	VANESSA ABIGAIL ROYAL		VANESSA ABIGAIL ROYAL	2017-10-12
001	2016-01-01			VANESSA ABIGAIL ROYAL	2018-10-04
001	2015-01-01	VANESSA ABIGAIL ROYAL		VANESSA ABIGAIL ROYAL	2016-10-13
001	2014-01-01	VANESSA ROYAL		VANESSA ROYAL	2015-10-15
001	2014-01-01		2015-10-15
001	2013-03-07	VANESSA ABIGAIL ROYAL		VANESSA ABIGAIL ROYAL	2018-02-11

Financial Data on BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN

Measure	Date	Value
2022 : BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN 2022 401k financial data
Transfers to/from the plan	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$-9,879
Expenses. Total of all expenses incurred	2022-12-31	$0
Benefits paid (including direct rollovers)	2022-12-31	$0
Total plan assets at end of year	2022-12-31	$0
Total plan assets at beginning of year	2022-12-31	$9,879
Value of fidelity bond covering the plan	2022-12-31	$100,000
Total contributions received or receivable from 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	$-9,879
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$-9,879
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$0
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$9,879
Assets. Value of employer securities	2022-12-31	$0
Total contributions received or receivable from employer(s)	2022-12-31	$0
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	$0
2021 : BRIGHTBOON BUSINESS MANAGEMENT, INC. 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	$3,401
Expenses. Total of all expenses incurred	2021-12-31	$0
Benefits paid (including direct rollovers)	2021-12-31	$0
Total plan assets at end of year	2021-12-31	$9,879
Total plan assets at beginning of year	2021-12-31	$6,478
Value of fidelity bond covering the plan	2021-12-31	$25,000
Total contributions received or receivable from participants	2021-12-31	$0
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	$3,401
Noncash contributions received	2021-12-31	$0
Net income (gross income less expenses)	2021-12-31	$3,401
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$9,879
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$6,478
Assets. Value of employer securities	2021-12-31	$9,879
Total contributions received or receivable from employer(s)	2021-12-31	$0
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	$0
2020 : BRIGHTBOON BUSINESS MANAGEMENT, INC. 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	$-10,941
Expenses. Total of all expenses incurred	2020-12-31	$0
Benefits paid (including direct rollovers)	2020-12-31	$0
Total plan assets at end of year	2020-12-31	$6,478
Total plan assets at beginning of year	2020-12-31	$17,419
Value of fidelity bond covering the plan	2020-12-31	$25,000
Total contributions received or receivable from participants	2020-12-31	$0
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$0
Other income received	2020-12-31	$-10,941
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$-10,941
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$6,478
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$17,419
Assets. Value of employer securities	2020-12-31	$6,478
Total contributions received or receivable from employer(s)	2020-12-31	$0
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	$0
2019 : BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$0
Expenses. Total of all expenses incurred	2019-12-31	$0
Benefits paid (including direct rollovers)	2019-12-31	$0
Total plan assets at end of year	2019-12-31	$17,419
Total plan assets at beginning of year	2019-12-31	$17,419
Value of fidelity bond covering the plan	2019-12-31	$25,000
Total contributions received or receivable from participants	2019-12-31	$0
Expenses. Other expenses not covered elsewhere	2019-12-31	$0
Contributions received from other sources (not participants or employers)	2019-12-31	$0
Other income received	2019-12-31	$0
Noncash contributions received	2019-12-31	$0
Net income (gross income less expenses)	2019-12-31	$0
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$17,419
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$17,419
Assets. Value of employer securities	2019-12-31	$17,419
Total contributions received or receivable from employer(s)	2019-12-31	$0
Value of certain deemed distributions of participant loans	2019-12-31	$0
Value of corrective distributions	2019-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$0
2018 : BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN 2018 401k financial data
Transfers to/from the plan	2018-12-31	$0
Total plan liabilities at end of year	2018-12-31	$0
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$-7,149
Expenses. Total of all expenses incurred	2018-12-31	$0
Benefits paid (including direct rollovers)	2018-12-31	$0
Total plan assets at end of year	2018-12-31	$17,419
Total plan assets at beginning of year	2018-12-31	$24,568
Value of fidelity bond covering the plan	2018-12-31	$25,000
Total contributions received or receivable from participants	2018-12-31	$0
Expenses. Other expenses not covered elsewhere	2018-12-31	$0
Contributions received from other sources (not participants or employers)	2018-12-31	$0
Other income received	2018-12-31	$-7,149
Noncash contributions received	2018-12-31	$0
Net income (gross income less expenses)	2018-12-31	$-7,149
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$17,419
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$24,568
Assets. Value of employer securities	2018-12-31	$17,419
Total contributions received or receivable from employer(s)	2018-12-31	$0
Value of certain deemed distributions of participant loans	2018-12-31	$0
Value of corrective distributions	2018-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$0
2016 : BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN 2016 401k financial data
Transfers to/from the plan	2016-12-31	$0
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$0
Expenses. Total of all expenses incurred	2016-12-31	$0
Benefits paid (including direct rollovers)	2016-12-31	$0
Total plan assets at end of year	2016-12-31	$230,805
Total plan assets at beginning of year	2016-12-31	$230,805
Value of fidelity bond covering the plan	2016-12-31	$25,000
Total contributions received or receivable from participants	2016-12-31	$0
Expenses. Other expenses not covered elsewhere	2016-12-31	$0
Contributions received from other sources (not participants or employers)	2016-12-31	$0
Other income received	2016-12-31	$0
Noncash contributions received	2016-12-31	$0
Net income (gross income less expenses)	2016-12-31	$0
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$230,805
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$230,805
Assets. Value of employer securities	2016-12-31	$230,805
Total contributions received or receivable from employer(s)	2016-12-31	$0
Value of certain deemed distributions of participant loans	2016-12-31	$0
Value of corrective distributions	2016-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$0
2015 : BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN 2015 401k financial data
Transfers to/from the plan	2015-12-31	$0
Total plan liabilities at end of year	2015-12-31	$0
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$-9,282
Expenses. Total of all expenses incurred	2015-12-31	$0
Benefits paid (including direct rollovers)	2015-12-31	$0
Total plan assets at end of year	2015-12-31	$230,805
Total plan assets at beginning of year	2015-12-31	$240,087
Value of fidelity bond covering the plan	2015-12-31	$25,000
Total contributions received or receivable from participants	2015-12-31	$0
Expenses. Other expenses not covered elsewhere	2015-12-31	$0
Contributions received from other sources (not participants or employers)	2015-12-31	$0
Other income received	2015-12-31	$-9,282
Noncash contributions received	2015-12-31	$0
Net income (gross income less expenses)	2015-12-31	$-9,282
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$230,805
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$240,087
Assets. Value of employer securities	2015-12-31	$230,805
Total contributions received or receivable from employer(s)	2015-12-31	$0
Value of certain deemed distributions of participant loans	2015-12-31	$0
Value of corrective distributions	2015-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$0
2014 : BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN 2014 401k financial data
Transfers to/from the plan	2014-12-31	$0
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	$-949
Expenses. Total of all expenses incurred	2014-12-31	$0
Benefits paid (including direct rollovers)	2014-12-31	$0
Total plan assets at end of year	2014-12-31	$240,087
Total plan assets at beginning of year	2014-12-31	$241,036
Value of fidelity bond covering the plan	2014-12-31	$25,000
Total contributions received or receivable from participants	2014-12-31	$0
Expenses. Other expenses not covered elsewhere	2014-12-31	$0
Contributions received from other sources (not participants or employers)	2014-12-31	$0
Other income received	2014-12-31	$-949
Noncash contributions received	2014-12-31	$0
Net income (gross income less expenses)	2014-12-31	$-949
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$240,087
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$241,036
Assets. Value of employer securities	2014-12-31	$240,087
Total contributions received or receivable from employer(s)	2014-12-31	$0
Value of certain deemed distributions of participant loans	2014-12-31	$0
Value of corrective distributions	2014-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$0
2013 : BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN 2013 401k financial data
Transfers to/from the plan	2013-12-31	$0
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	$241,036
Expenses. Total of all expenses incurred	2013-12-31	$0
Benefits paid (including direct rollovers)	2013-12-31	$0
Total plan assets at end of year	2013-12-31	$241,036
Total plan assets at beginning of year	2013-12-31	$0
Value of fidelity bond covering the plan	2013-12-31	$25,000
Total contributions received or receivable from participants	2013-12-31	$0
Expenses. Other expenses not covered elsewhere	2013-12-31	$0
Contributions received from other sources (not participants or employers)	2013-12-31	$250,000
Other income received	2013-12-31	$-8,964
Noncash contributions received	2013-12-31	$0
Net income (gross income less expenses)	2013-12-31	$241,036
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$241,036
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$0
Assets. Value of employer securities	2013-12-31	$241,036
Total contributions received or receivable from employer(s)	2013-12-31	$0
Value of certain deemed distributions of participant loans	2013-12-31	$0
Value of corrective distributions	2013-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$0

Form 5500 Responses for BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN

2022: BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	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: BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	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: BRIGHTBOON BUSINESS MANAGEMENT, INC. 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 – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) 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: BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) 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: BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	Yes
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: BRIGHTBOON BUSINESS MANAGEMENT, INC. 401(K) PLAN 2013 form 5500 responses
2013-03-07	Type of plan entity	Single employer plan
2013-03-07	First time form 5500 has been submitted	Yes
2013-03-07	Submission has been amended	Yes
2013-03-07	This submission is the final filing	No
2013-03-07	This return/report is a short plan year return/report (less than 12 months)	Yes
2013-03-07	Plan is a collectively bargained plan	No
2013-03-07	Plan funding arrangement – Trust	Yes
2013-03-07	Plan benefit arrangement - Trust	Yes

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Company Name:	BRIGHTBOON BUSINESS MANAGEMENT, INC
Employer identification number (EIN):	462241829
NAIC Classification:	812112
NAIC Description:	Beauty Salons