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PEACETECH LAB 401(K) PLAN 401k Plan overview

Plan NamePEACETECH LAB 401(K) PLAN
Plan identification number 001

PEACETECH LAB 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

PEACETECH LAB, INC. has sponsored the creation of one or more 401k plans.

Company Name:PEACETECH LAB, INC.
Employer identification number (EIN):472267437
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PEACETECH LAB 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01QIAN LIU2024-12-17
0012023-01-01QIAN LIU2024-05-24
0012022-01-01ALEXANDER YOUNG2023-10-05
0012021-01-01ALEXANDER YOUNG2022-10-07
0012021-01-01ALEXANDER YOUNG2022-09-30 ALEXANDER YOUNG2022-09-30
0012020-01-01JOSE LUIS TEIXEIRA2021-10-13
0012019-01-01JOSE LUIS TEIXEIRA2020-06-15
0012018-01-01ZELUIS TEIXEIRA2019-06-12
0012017-01-01DAVID STEWART2018-10-03
0012016-01-01DAVID STEWART2017-10-11 DAVID STEWART2017-10-11
0012015-01-01DAVID STEWART2016-10-13 DAVID STEWART2016-10-13

Financial Data on PEACETECH LAB 401(K) PLAN

Measure Date Value
2024 : PEACETECH LAB 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-12-170
Total liabilities as of the end of the plan year2024-12-170
Total liabilities as of the beginning of the plan year2024-12-170
Total expenses incurred by plan in this plan year2024-12-17281382
Net assets as of the end of the plan year2024-12-170
Total assets as of the beginning of the plan year2024-12-17271827
Value of plan covered by a fidelity bond2024-12-17917471694
Participant contributions to plan in this plan year2024-12-17382
Other expenses paid from plan in this plan year2024-12-170
Other contributions to plan in this plan year2024-12-170
Other income to plan in this plan year2024-12-178202
Plan net income in this plan year2024-12-17-271827
Net assets as of the end of the plan year2024-12-170
Net assets as of the beginning of the plan year2024-12-17271827
Value of contributions failed to transmitted timely2024-12-170
Employer contributions to plan in this plan year2024-12-17971
Fees paid to broker by Benefit Provider2024-12-170
Expensese paid to adminstrative service provicers from plan in this plan year2024-12-170
Total transfers to/from plan in this plan year2024-05-240
Total liabilities as of the end of the plan year2024-05-240
Total expenses incurred by plan in this plan year2024-05-24266276
Net assets as of the end of the plan year2024-05-24271827
Total assets as of the beginning of the plan year2024-05-24463579
Value of plan covered by a fidelity bond2024-05-24705050000
Participant contributions to plan in this plan year2024-05-245576
Other expenses paid from plan in this plan year2024-05-240
Other contributions to plan in this plan year2024-05-240
Other income to plan in this plan year2024-05-2455094
Plan net income in this plan year2024-05-24-191752
Net assets as of the end of the plan year2024-05-24271827
Net assets as of the beginning of the plan year2024-05-24463579
Value of contributions failed to transmitted timely2024-05-240
Employer contributions to plan in this plan year2024-05-2413854
Fees paid to broker by Benefit Provider2024-05-240
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-24621
2022 : PEACETECH LAB 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-0775048
Net assets as of the end of the plan year2022-10-07516806
Total assets as of the beginning of the plan year2022-10-07469400
Value of plan covered by a fidelity bond2022-10-071000000
Participant contributions to plan in this plan year2022-10-0731504
Value of participant loans at end of plan year2022-10-07123
Other income to plan in this plan year2022-10-0766914
Plan net income in this plan year2022-10-0747406
Net assets as of the end of the plan year2022-10-07516806
Net assets as of the beginning of the plan year2022-10-07469400
Employer contributions to plan in this plan year2022-10-0724036
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-072379

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