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PERMIT ME., INC. CASH BALANCE PLAN 401k Plan overview

Plan NamePERMIT ME., INC. CASH BALANCE PLAN
Plan identification number 002

PERMIT ME., INC. CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).

401k Sponsoring company profile

PERMIT ME, INC. has sponsored the creation of one or more 401k plans.

Company Name:PERMIT ME, INC.
Employer identification number (EIN):721591526
NAIC Classification:531390
NAIC Description:Other Activities Related to Real Estate

Additional information about PERMIT ME, INC.

Jurisdiction of Incorporation: California Department of State
Incorporation Date: 2004-11-12
Company Identification Number: C2682975
Legal Registered Office Address: 237 Greenbank Ave.

Piedmont
United States of America (USA)
94611

More information about PERMIT ME, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PERMIT ME., INC. CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022016-01-01SANDRA STEELE2017-09-29
0022015-01-01SANDRA STEELE2016-07-17
0022014-01-01SANDRA STEELE2015-09-22
0022013-01-01SANDRA STEELE2014-09-10
0022012-01-01SANDRA STEELE2013-09-16
0022011-01-01SANDRA STEELE
0022010-01-01SANDRA STEELE

Financial Data on PERMIT ME., INC. CASH BALANCE PLAN

Measure Date Value
2011 : PERMIT ME., INC. CASH BALANCE PLAN 2011 401k financial data
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$154,811
Expenses. Total of all expenses incurred2011-12-31$6,722
Benefits paid (including direct rollovers)2011-12-31$0
Total plan assets at end of year2011-12-31$494,013
Total plan assets at beginning of year2011-12-31$345,924
Total contributions received or receivable from participants2011-12-31$0
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-9,189
Noncash contributions received2011-12-31$0
Net income (gross income less expenses)2011-12-31$148,089
Net plan assets at end of year (total assets less liabilities)2011-12-31$494,013
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$345,924
Total contributions received or receivable from employer(s)2011-12-31$164,000
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$6,722
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : PERMIT ME., INC. CASH BALANCE PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$185,330
Expenses. Total of all expenses incurred2010-12-31$3,406
Benefits paid (including direct rollovers)2010-12-31$0
Total plan assets at end of year2010-12-31$345,924
Total plan assets at beginning of year2010-12-31$164,000
Total contributions received or receivable from participants2010-12-31$0
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$21,330
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$181,924
Net plan assets at end of year (total assets less liabilities)2010-12-31$345,924
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$164,000
Total contributions received or receivable from employer(s)2010-12-31$164,000
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$3,406
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0

Form 5500 Responses for PERMIT ME., INC. CASH BALANCE PLAN

2011: PERMIT ME., INC. CASH BALANCE PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: PERMIT ME., INC. CASH BALANCE PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes

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