401k Plan data: NEW POSSIBILITY 401(K) PROFIT SHARING PLAN plan

NEW POSSIBILITY 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	NEW POSSIBILITY 401(K) PROFIT SHARING PLAN
Plan identification number	001

NEW POSSIBILITY 401(K) PROFIT SHARING 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.
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

NEW POSSIBILITY has sponsored the creation of one or more 401k plans.

Company Name: NEW POSSIBILITY

Employer identification number (EIN): 562452575

NAIC Classification: 611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW POSSIBILITY 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2021-01-01 CANDACE SILVERS 2022-10-17
001 2020-01-01 GARY HIVELY 2021-08-02
001 2019-01-01 GARY HIVELY 2020-05-16
001 2018-01-01 GARY HIVELY 2019-07-31

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2021-01-01	CANDACE SILVERS	2022-10-17
001	2020-01-01	GARY HIVELY	2021-08-02
001	2019-01-01	GARY HIVELY	2020-05-16
001	2018-01-01	GARY HIVELY	2019-07-31

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Company Name:	NEW POSSIBILITY
Employer identification number (EIN):	562452575
NAIC Classification:	611000