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403(B) THRIFT PLAN OF READYSTART, INC. 401k Plan overview

Plan Name403(B) THRIFT PLAN OF READYSTART, INC.
Plan identification number 002

403(B) THRIFT PLAN OF READYSTART, INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Code section 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.

401k Sponsoring company profile

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

Company Name:READYSTART, INC.
Employer identification number (EIN):751705621
NAIC Classification:624100
NAIC Description: Individual and Family Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 403(B) THRIFT PLAN OF READYSTART, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022015-01-01BRANDON CYRUS BRANDON CYRUS2016-07-29
0022011-01-01CHRISTIE LEE

Plan Statistics for 403(B) THRIFT PLAN OF READYSTART, INC.

401k plan membership statisitcs for 403(B) THRIFT PLAN OF READYSTART, INC.

Measure Date Value
2015: 403(B) THRIFT PLAN OF READYSTART, INC. 2015 401k membership
Total participants, beginning-of-year2015-01-0130
Total number of active participants reported on line 7a of the Form 55002015-01-010
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-010
Number of participants with account balances2015-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2011: 403(B) THRIFT PLAN OF READYSTART, INC. 2011 401k membership
Total participants, beginning-of-year2011-01-0172
Total number of active participants reported on line 7a of the Form 55002011-01-0169
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0110
Total of all active and inactive participants2011-01-0179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0179
Number of participants with account balances2011-01-0179
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-018

Financial Data on 403(B) THRIFT PLAN OF READYSTART, INC.

Measure Date Value
2015 : 403(B) THRIFT PLAN OF READYSTART, INC. 2015 401k financial data
Transfers to/from the plan2015-11-30$-388,917
Total income from all sources2015-11-30$12,059
Expenses. Total of all expenses incurred2015-11-30$6,695
Benefits paid (including direct rollovers)2015-11-30$6,350
Total plan assets at end of year2015-11-30$0
Total plan assets at beginning of year2015-11-30$383,553
Value of fidelity bond covering the plan2015-11-30$100,000
Total contributions received or receivable from participants2015-11-30$6,350
Other income received2015-11-30$5,709
Net income (gross income less expenses)2015-11-30$5,364
Net plan assets at end of year (total assets less liabilities)2015-11-30$0
Net plan assets at beginning of year (total assets less liabilities)2015-11-30$383,553
Expenses. Administrative service providers (salaries,fees and commissions)2015-11-30$345
2011 : 403(B) THRIFT PLAN OF READYSTART, INC. 2011 401k financial data
Total income from all sources (including contributions)2011-12-31$151,863
Total of all expenses incurred2011-12-31$504,099
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$494,963
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$151,821
Value of total assets at end of year2011-12-31$1,325,311
Value of total assets at beginning of year2011-12-31$1,677,547
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$9,136
Total interest from all sources2011-12-31$2,744
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$151,863
Expenses. Total of all expenses incurred2011-12-31$504,099
Benefits paid (including direct rollovers)2011-12-31$494,963
Total plan assets at end of year2011-12-31$1,325,311
Total plan assets at beginning of year2011-12-31$1,677,547
Value of fidelity bond covering the plan2011-12-31$100,000
Total contributions received or receivable from participants2011-12-31$94,652
Expenses. Other expenses not covered elsewhere2011-12-31$9,136
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$42
Net income (gross income less expenses)2011-12-31$-352,236
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,325,311
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,677,547
Total contributions received or receivable from employer(s)2011-12-31$57,169
Value of certain deemed distributions of participant loans2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$100,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$94,652
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$0
Other income not declared elsewhere2011-12-31$3,942
Administrative expenses (other) incurred2011-12-31$9,136
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-352,236
Value of net assets at end of year (total assets less liabilities)2011-12-31$1,325,311
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$1,677,547
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$1,181,620
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$1,502,668
Interest on participant loans2011-12-31$0
Interest earned on other investments2011-12-31$2,744
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$143,691
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$174,879
Expenses. Payments to insurance carriers foe the provision of benefits2011-12-31$0
Net investment gain/loss from pooled separate accounts2011-12-31$-6,644
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$57,169
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$494,963
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes

Form 5500 Responses for 403(B) THRIFT PLAN OF READYSTART, INC.

2015: 403(B) THRIFT PLAN OF READYSTART, INC. 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingYes
2015-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan benefit arrangement – InsuranceYes
2011: 403(B) THRIFT PLAN OF READYSTART, INC. 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01First time form 5500 has been submittedYes
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 – InsuranceYes
2011-01-01Plan benefit arrangement – InsuranceYes

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