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FUTURE INVEST, INC. 401(K) PLAN 401k Plan overview

Plan NameFUTURE INVEST, INC. 401(K) PLAN
Plan identification number 001

FUTURE INVEST, INC. 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

FUTURE INVEST, INC. has sponsored the creation of one or more 401k plans.

Company Name:FUTURE INVEST, INC.
Employer identification number (EIN):462847958
NAIC Classification:531310

Additional information about FUTURE INVEST, INC.

Jurisdiction of Incorporation: California Department of State
Incorporation Date: 2013-05-21
Company Identification Number: C3568356
Legal Registered Office Address: 396 Denali Dr

Morgan Hill
United States of America (USA)
95037

More information about FUTURE INVEST, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FUTURE INVEST, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012019-05-01
0012018-05-01
0012017-05-01DIANNA YANG-DININNO DIANNA YANG-DININNO2019-01-30
0012016-05-01DIANNA YANG-DININNO DIANNA YANG-DININNO2018-02-15
0012015-11-01DIANNA YANG-DININNO DIANNA YANG-DININNO2017-01-18
0012014-11-01DIANNA YANG-DININNO DIANNA YANG-DININNO2016-06-29
0012013-11-01DIANNA YANG-DININNO DIANNA YANG-DININNO2015-08-14
0012013-05-22DIANNA YANG-DININNO DIANNA YANG-DININNO2015-08-12

Plan Statistics for FUTURE INVEST, INC. 401(K) PLAN

401k plan membership statisitcs for FUTURE INVEST, INC. 401(K) PLAN

Measure Date Value
2019: FUTURE INVEST, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-05-011
Total number of active participants reported on line 7a of the Form 55002019-05-011
Number of retired or separated participants receiving benefits2019-05-010
Number of other retired or separated participants entitled to future benefits2019-05-010
Total of all active and inactive participants2019-05-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-05-010
Total participants2019-05-011
Number of participants with account balances2019-05-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-05-010
2018: FUTURE INVEST, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-05-011
Total number of active participants reported on line 7a of the Form 55002018-05-011
Number of retired or separated participants receiving benefits2018-05-010
Number of other retired or separated participants entitled to future benefits2018-05-010
Total of all active and inactive participants2018-05-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-05-010
Total participants2018-05-011
Number of participants with account balances2018-05-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-05-010
2017: FUTURE INVEST, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-05-011
Total number of active participants reported on line 7a of the Form 55002017-05-011
Number of retired or separated participants receiving benefits2017-05-010
Number of other retired or separated participants entitled to future benefits2017-05-010
Total of all active and inactive participants2017-05-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-05-010
Total participants2017-05-011
Number of participants with account balances2017-05-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-05-010
2016: FUTURE INVEST, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-05-011
Total number of active participants reported on line 7a of the Form 55002016-05-011
Number of retired or separated participants receiving benefits2016-05-010
Number of other retired or separated participants entitled to future benefits2016-05-010
Total of all active and inactive participants2016-05-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-05-010
Total participants2016-05-011
Number of participants with account balances2016-05-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-05-010
2015: FUTURE INVEST, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-11-011
Total number of active participants reported on line 7a of the Form 55002015-11-011
Number of retired or separated participants receiving benefits2015-11-010
Number of other retired or separated participants entitled to future benefits2015-11-010
Total of all active and inactive participants2015-11-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-11-010
Total participants2015-11-011
Number of participants with account balances2015-11-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-11-010
2014: FUTURE INVEST, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-11-011
Total number of active participants reported on line 7a of the Form 55002014-11-011
Number of retired or separated participants receiving benefits2014-11-010
Number of other retired or separated participants entitled to future benefits2014-11-010
Total of all active and inactive participants2014-11-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-11-010
Total participants2014-11-011
Number of participants with account balances2014-11-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-11-010
2013: FUTURE INVEST, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-11-011
Total number of active participants reported on line 7a of the Form 55002013-11-011
Number of retired or separated participants receiving benefits2013-11-010
Number of other retired or separated participants entitled to future benefits2013-11-010
Total of all active and inactive participants2013-11-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-11-010
Total participants2013-11-011
Number of participants with account balances2013-11-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-11-010
Total participants, beginning-of-year2013-05-220
Total number of active participants reported on line 7a of the Form 55002013-05-221
Number of retired or separated participants receiving benefits2013-05-220
Number of other retired or separated participants entitled to future benefits2013-05-220
Total of all active and inactive participants2013-05-221
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-05-220
Total participants2013-05-221
Number of participants with account balances2013-05-221
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-05-220

Financial Data on FUTURE INVEST, INC. 401(K) PLAN

Measure Date Value
2020 : FUTURE INVEST, INC. 401(K) PLAN 2020 401k financial data
Transfers to/from the plan2020-04-30$0
Total plan liabilities at end of year2020-04-30$0
Total plan liabilities at beginning of year2020-04-30$0
Total income from all sources2020-04-30$-4,341
Expenses. Total of all expenses incurred2020-04-30$189,285
Benefits paid (including direct rollovers)2020-04-30$189,285
Total plan assets at end of year2020-04-30$0
Total plan assets at beginning of year2020-04-30$193,626
Total contributions received or receivable from participants2020-04-30$0
Expenses. Other expenses not covered elsewhere2020-04-30$0
Contributions received from other sources (not participants or employers)2020-04-30$0
Other income received2020-04-30$-4,341
Noncash contributions received2020-04-30$0
Net income (gross income less expenses)2020-04-30$-193,626
Net plan assets at end of year (total assets less liabilities)2020-04-30$0
Net plan assets at beginning of year (total assets less liabilities)2020-04-30$193,626
Assets. Value of employer securities2020-04-30$0
Total contributions received or receivable from employer(s)2020-04-30$0
Value of certain deemed distributions of participant loans2020-04-30$0
Value of corrective distributions2020-04-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-04-30$0
2019 : FUTURE INVEST, INC. 401(K) PLAN 2019 401k financial data
Transfers to/from the plan2019-04-30$0
Total plan liabilities at end of year2019-04-30$0
Total plan liabilities at beginning of year2019-04-30$0
Total income from all sources2019-04-30$-5,428
Expenses. Total of all expenses incurred2019-04-30$0
Benefits paid (including direct rollovers)2019-04-30$0
Total plan assets at end of year2019-04-30$193,626
Total plan assets at beginning of year2019-04-30$199,054
Total contributions received or receivable from participants2019-04-30$0
Expenses. Other expenses not covered elsewhere2019-04-30$0
Contributions received from other sources (not participants or employers)2019-04-30$0
Other income received2019-04-30$-5,428
Noncash contributions received2019-04-30$0
Net income (gross income less expenses)2019-04-30$-5,428
Net plan assets at end of year (total assets less liabilities)2019-04-30$193,626
Net plan assets at beginning of year (total assets less liabilities)2019-04-30$199,054
Assets. Value of employer securities2019-04-30$193,626
Total contributions received or receivable from employer(s)2019-04-30$0
Value of certain deemed distributions of participant loans2019-04-30$0
Value of corrective distributions2019-04-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-04-30$0
2018 : FUTURE INVEST, INC. 401(K) PLAN 2018 401k financial data
Transfers to/from the plan2018-04-30$0
Total plan liabilities at end of year2018-04-30$0
Total plan liabilities at beginning of year2018-04-30$0
Total income from all sources2018-04-30$-8,392
Expenses. Total of all expenses incurred2018-04-30$0
Benefits paid (including direct rollovers)2018-04-30$0
Total plan assets at end of year2018-04-30$199,054
Total plan assets at beginning of year2018-04-30$207,446
Total contributions received or receivable from participants2018-04-30$0
Contributions received from other sources (not participants or employers)2018-04-30$0
Other income received2018-04-30$-8,392
Noncash contributions received2018-04-30$0
Net income (gross income less expenses)2018-04-30$-8,392
Net plan assets at end of year (total assets less liabilities)2018-04-30$199,054
Net plan assets at beginning of year (total assets less liabilities)2018-04-30$207,446
Assets. Value of employer securities2018-04-30$199,054
Total contributions received or receivable from employer(s)2018-04-30$0
Value of certain deemed distributions of participant loans2018-04-30$0
Value of corrective distributions2018-04-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-04-30$0
2017 : FUTURE INVEST, INC. 401(K) PLAN 2017 401k financial data
Transfers to/from the plan2017-04-30$0
Total plan liabilities at end of year2017-04-30$0
Total plan liabilities at beginning of year2017-04-30$0
Total income from all sources2017-04-30$14,378
Expenses. Total of all expenses incurred2017-04-30$0
Benefits paid (including direct rollovers)2017-04-30$0
Total plan assets at end of year2017-04-30$207,446
Total plan assets at beginning of year2017-04-30$193,068
Total contributions received or receivable from participants2017-04-30$0
Expenses. Other expenses not covered elsewhere2017-04-30$0
Contributions received from other sources (not participants or employers)2017-04-30$0
Other income received2017-04-30$14,378
Noncash contributions received2017-04-30$0
Net income (gross income less expenses)2017-04-30$14,378
Net plan assets at end of year (total assets less liabilities)2017-04-30$207,446
Net plan assets at beginning of year (total assets less liabilities)2017-04-30$193,068
Assets. Value of employer securities2017-04-30$207,446
Total contributions received or receivable from employer(s)2017-04-30$0
Value of certain deemed distributions of participant loans2017-04-30$0
Value of corrective distributions2017-04-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-04-30$0
2016 : FUTURE INVEST, INC. 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-04-30$0
Total plan liabilities at end of year2016-04-30$0
Total plan liabilities at beginning of year2016-04-30$0
Total income from all sources2016-04-30$112
Expenses. Total of all expenses incurred2016-04-30$0
Benefits paid (including direct rollovers)2016-04-30$0
Total plan assets at end of year2016-04-30$193,068
Total plan assets at beginning of year2016-04-30$192,956
Total contributions received or receivable from participants2016-04-30$0
Expenses. Other expenses not covered elsewhere2016-04-30$0
Contributions received from other sources (not participants or employers)2016-04-30$0
Other income received2016-04-30$112
Noncash contributions received2016-04-30$0
Net income (gross income less expenses)2016-04-30$112
Net plan assets at end of year (total assets less liabilities)2016-04-30$193,068
Net plan assets at beginning of year (total assets less liabilities)2016-04-30$192,956
Assets. Value of employer securities2016-04-30$193,068
Total contributions received or receivable from employer(s)2016-04-30$0
Value of certain deemed distributions of participant loans2016-04-30$0
Value of corrective distributions2016-04-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-04-30$0
2015 : FUTURE INVEST, INC. 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-10-31$0
Total plan liabilities at end of year2015-10-31$0
Total plan liabilities at beginning of year2015-10-31$0
Total income from all sources2015-10-31$3,255
Expenses. Total of all expenses incurred2015-10-31$0
Benefits paid (including direct rollovers)2015-10-31$0
Total plan assets at end of year2015-10-31$192,956
Total plan assets at beginning of year2015-10-31$189,701
Total contributions received or receivable from participants2015-10-31$0
Expenses. Other expenses not covered elsewhere2015-10-31$0
Contributions received from other sources (not participants or employers)2015-10-31$0
Other income received2015-10-31$3,255
Noncash contributions received2015-10-31$0
Net income (gross income less expenses)2015-10-31$3,255
Net plan assets at end of year (total assets less liabilities)2015-10-31$192,956
Net plan assets at beginning of year (total assets less liabilities)2015-10-31$189,701
Assets. Value of employer securities2015-10-31$192,956
Total contributions received or receivable from employer(s)2015-10-31$0
Value of certain deemed distributions of participant loans2015-10-31$0
Value of corrective distributions2015-10-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-10-31$0
2014 : FUTURE INVEST, INC. 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-10-31$0
Total plan liabilities at end of year2014-10-31$0
Total plan liabilities at beginning of year2014-10-31$0
Total income from all sources2014-10-31$4,657
Expenses. Total of all expenses incurred2014-10-31$0
Benefits paid (including direct rollovers)2014-10-31$0
Total plan assets at end of year2014-10-31$189,701
Total plan assets at beginning of year2014-10-31$185,044
Total contributions received or receivable from participants2014-10-31$0
Expenses. Other expenses not covered elsewhere2014-10-31$0
Contributions received from other sources (not participants or employers)2014-10-31$0
Other income received2014-10-31$4,657
Noncash contributions received2014-10-31$0
Net income (gross income less expenses)2014-10-31$4,657
Net plan assets at end of year (total assets less liabilities)2014-10-31$189,701
Net plan assets at beginning of year (total assets less liabilities)2014-10-31$185,044
Assets. Value of employer securities2014-10-31$189,701
Total contributions received or receivable from employer(s)2014-10-31$0
Value of certain deemed distributions of participant loans2014-10-31$0
Value of corrective distributions2014-10-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-10-31$0
2013 : FUTURE INVEST, INC. 401(K) PLAN 2013 401k financial data
Transfers to/from the plan2013-10-31$0
Total plan liabilities at end of year2013-10-31$0
Total plan liabilities at beginning of year2013-10-31$0
Total income from all sources2013-10-31$185,044
Expenses. Total of all expenses incurred2013-10-31$0
Benefits paid (including direct rollovers)2013-10-31$0
Total plan assets at end of year2013-10-31$185,044
Total plan assets at beginning of year2013-10-31$0
Total contributions received or receivable from participants2013-10-31$0
Expenses. Other expenses not covered elsewhere2013-10-31$0
Contributions received from other sources (not participants or employers)2013-10-31$186,485
Other income received2013-10-31$-1,441
Noncash contributions received2013-10-31$0
Net income (gross income less expenses)2013-10-31$185,044
Net plan assets at end of year (total assets less liabilities)2013-10-31$185,044
Net plan assets at beginning of year (total assets less liabilities)2013-10-31$0
Assets. Value of employer securities2013-10-31$185,044
Total contributions received or receivable from employer(s)2013-10-31$0
Value of certain deemed distributions of participant loans2013-10-31$0
Value of corrective distributions2013-10-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-10-31$0

Form 5500 Responses for FUTURE INVEST, INC. 401(K) PLAN

2019: FUTURE INVEST, INC. 401(K) PLAN 2019 form 5500 responses
2019-05-01Type of plan entitySingle employer plan
2019-05-01Submission has been amendedNo
2019-05-01This submission is the final filingNo
2019-05-01This return/report is a short plan year return/report (less than 12 months)No
2019-05-01Plan is a collectively bargained planNo
2019-05-01Plan funding arrangement – TrustYes
2019-05-01Plan benefit arrangement - TrustYes
2018: FUTURE INVEST, INC. 401(K) PLAN 2018 form 5500 responses
2018-05-01Type of plan entitySingle employer plan
2018-05-01Submission has been amendedNo
2018-05-01This submission is the final filingNo
2018-05-01This return/report is a short plan year return/report (less than 12 months)No
2018-05-01Plan is a collectively bargained planNo
2018-05-01Plan funding arrangement – TrustYes
2018-05-01Plan benefit arrangement - TrustYes
2017: FUTURE INVEST, INC. 401(K) PLAN 2017 form 5500 responses
2017-05-01Type of plan entitySingle employer plan
2017-05-01Submission has been amendedNo
2017-05-01This submission is the final filingNo
2017-05-01This return/report is a short plan year return/report (less than 12 months)No
2017-05-01Plan is a collectively bargained planNo
2017-05-01Plan funding arrangement – TrustYes
2017-05-01Plan benefit arrangement - TrustYes
2016: FUTURE INVEST, INC. 401(K) PLAN 2016 form 5500 responses
2016-05-01Type of plan entitySingle employer plan
2016-05-01Submission has been amendedNo
2016-05-01This submission is the final filingNo
2016-05-01This return/report is a short plan year return/report (less than 12 months)No
2016-05-01Plan is a collectively bargained planNo
2016-05-01Plan funding arrangement – TrustYes
2016-05-01Plan benefit arrangement - TrustYes
2015: FUTURE INVEST, INC. 401(K) PLAN 2015 form 5500 responses
2015-11-01Type of plan entitySingle employer plan
2015-11-01Submission has been amendedNo
2015-11-01This submission is the final filingNo
2015-11-01This return/report is a short plan year return/report (less than 12 months)Yes
2015-11-01Plan is a collectively bargained planNo
2015-11-01Plan funding arrangement – TrustYes
2015-11-01Plan benefit arrangement - TrustYes
2014: FUTURE INVEST, INC. 401(K) PLAN 2014 form 5500 responses
2014-11-01Type of plan entitySingle employer plan
2014-11-01Submission has been amendedNo
2014-11-01This submission is the final filingNo
2014-11-01This return/report is a short plan year return/report (less than 12 months)No
2014-11-01Plan is a collectively bargained planNo
2014-11-01Plan funding arrangement – TrustYes
2014-11-01Plan benefit arrangement - TrustYes
2013: FUTURE INVEST, INC. 401(K) PLAN 2013 form 5500 responses
2013-11-01Type of plan entitySingle employer plan
2013-11-01Submission has been amendedNo
2013-11-01This submission is the final filingNo
2013-11-01This return/report is a short plan year return/report (less than 12 months)No
2013-11-01Plan is a collectively bargained planNo
2013-11-01Plan funding arrangement – TrustYes
2013-11-01Plan benefit arrangement - TrustYes
2013-05-22Type of plan entitySingle employer plan
2013-05-22First time form 5500 has been submittedYes
2013-05-22Submission has been amendedNo
2013-05-22This submission is the final filingNo
2013-05-22This return/report is a short plan year return/report (less than 12 months)Yes
2013-05-22Plan is a collectively bargained planNo
2013-05-22Plan funding arrangement – TrustYes
2013-05-22Plan benefit arrangement - TrustYes

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