401k Plan data: SMARTACRE, INC. 401(K) PLAN plan

SMARTACRE, INC. 401(K) PLAN 401k Plan overview

Plan Name	SMARTACRE, INC. 401(K) PLAN
Plan identification number	001

SMARTACRE, INC. 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
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

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

Company Name: SMARTACRE, INC.

Employer identification number (EIN): 800140783

NAIC Classification: 541800

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01 DAVID SNYDER 2021-06-21
001 2018-01-01 MICHAEL CARROLL 2019-08-14
001 2018-01-01 MICHAEL CARROLL 2019-08-14
001 2017-01-01 MICHAEL CARROLL 2018-10-10
001 2016-01-01 MICHAEL CARROLL 2017-07-27

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01	DAVID SNYDER	2021-06-21
001	2018-01-01	MICHAEL CARROLL	2019-08-14
001	2018-01-01	MICHAEL CARROLL	2019-08-14
001	2017-01-01	MICHAEL CARROLL	2018-10-10
001	2016-01-01	MICHAEL CARROLL	2017-07-27

Plan Statistics for SMARTACRE, INC. 401(K) PLAN

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

Measure Date Value
2022: SMARTACRE, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 17
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 23
Total of all active and inactive participants 2022-01-01 23
Total participants 2022-01-01 23
Number of participants with account balances 2022-01-01 23
2021: SMARTACRE, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 16
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 17
Total of all active and inactive participants 2021-01-01 17
Total participants 2021-01-01 17
Number of participants with account balances 2021-01-01 17

Measure	Date	Value
2022: SMARTACRE, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	17
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	23
Total of all active and inactive participants	2022-01-01	23
Total participants	2022-01-01	23
Number of participants with account balances	2022-01-01	23
2021: SMARTACRE, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	16
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	17
Total of all active and inactive participants	2021-01-01	17
Total participants	2021-01-01	17
Number of participants with account balances	2021-01-01	17

Financial Data on SMARTACRE, INC. 401(K) PLAN

Measure	Date	Value
2022 : SMARTACRE, INC. 401(K) PLAN 2022 401k financial data
Total income from all sources	2022-12-31	$-53,558
Expenses. Total of all expenses incurred	2022-12-31	$21,248
Benefits paid (including direct rollovers)	2022-12-31	$21,248
Total plan assets at end of year	2022-12-31	$703,130
Total plan assets at beginning of year	2022-12-31	$777,936
Value of fidelity bond covering the plan	2022-12-31	$100,000
Total contributions received or receivable from participants	2022-12-31	$67,377
Other income received	2022-12-31	$-164,345
Net income (gross income less expenses)	2022-12-31	$-74,806
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$703,130
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$777,936
Total contributions received or receivable from employer(s)	2022-12-31	$43,410
2021 : SMARTACRE, INC. 401(K) PLAN 2021 401k financial data
Total income from all sources	2021-12-31	$200,707
Total plan assets at end of year	2021-12-31	$767,762
Total plan assets at beginning of year	2021-12-31	$567,055
Value of fidelity bond covering the plan	2021-12-31	$40,000
Total contributions received or receivable from participants	2021-12-31	$73,142
Other income received	2021-12-31	$94,035
Net income (gross income less expenses)	2021-12-31	$200,707
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$767,762
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$567,055
Total contributions received or receivable from employer(s)	2021-12-31	$33,530

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

2022: SMARTACRE, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: SMARTACRE, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	SMARTACRE, INC.
Employer identification number (EIN):	800140783
NAIC Classification:	541800