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FLOAT EVOLUTION RETIREMENT PLAN 401k Plan overview

Plan NameFLOAT EVOLUTION RETIREMENT PLAN
Plan identification number 001

FLOAT EVOLUTION RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.

401k Sponsoring company profile

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

Company Name:FLOAT EVOLUTION, INC
Employer identification number (EIN):820807292
NAIC Classification:812190

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FLOAT EVOLUTION RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01JOSEPH LIDY
0012023-01-01
0012023-01-01JOSEPH LIDY
0012022-01-01
0012022-01-01JOSEPH LIDY
0012021-01-01
0012021-01-01JOSEPH LIDY
0012020-01-01
0012019-01-01
0012018-01-01JOSEPH M. LIDY
0012017-01-01JOSEPH LIDY

Plan Statistics for FLOAT EVOLUTION RETIREMENT PLAN

401k plan membership statisitcs for FLOAT EVOLUTION RETIREMENT PLAN

Measure Date Value
2023: FLOAT EVOLUTION RETIREMENT PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-011
Total number of active participants reported on line 7a of the Form 55002023-01-011
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-010
Total of all active and inactive participants2023-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-011
Number of participants with account balances2023-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: FLOAT EVOLUTION RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-011
Total number of active participants reported on line 7a of the Form 55002022-01-011
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-011
Number of participants with account balances2022-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: FLOAT EVOLUTION RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-011
Total number of active participants reported on line 7a of the Form 55002021-01-011
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-011
Number of participants with account balances2021-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: FLOAT EVOLUTION RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-011
Total number of active participants reported on line 7a of the Form 55002020-01-011
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-011
Number of participants with account balances2020-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: FLOAT EVOLUTION RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-011
Total number of active participants reported on line 7a of the Form 55002019-01-011
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-011
Number of participants with account balances2019-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: FLOAT EVOLUTION RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-011
Total number of active participants reported on line 7a of the Form 55002018-01-011
Total of all active and inactive participants2018-01-011
Total participants2018-01-011
Number of participants with account balances2018-01-011
2017: FLOAT EVOLUTION RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-011
Total number of active participants reported on line 7a of the Form 55002017-01-011
Total of all active and inactive participants2017-01-011
Total participants2017-01-011
Number of participants with account balances2017-01-011

Financial Data on FLOAT EVOLUTION RETIREMENT PLAN

Measure Date Value
2024 : FLOAT EVOLUTION RETIREMENT PLAN 2024 401k financial data
Total income from all sources2024-01-01$6
Expenses. Total of all expenses incurred2024-01-01$0
Total plan assets at end of year2024-01-01$217,550
Total plan assets at beginning of year2024-01-01$217,544
Other income received2024-01-01$6
Net income (gross income less expenses)2024-01-01$6
Net plan assets at end of year (total assets less liabilities)2024-01-01$217,550
Net plan assets at beginning of year (total assets less liabilities)2024-01-01$217,544
Assets. Value of employer securities2024-01-01$216,043
2023 : FLOAT EVOLUTION RETIREMENT PLAN 2023 401k financial data
Total income from all sources2023-12-31$-63,536
Expenses. Total of all expenses incurred2023-12-31$0
Total plan assets at end of year2023-12-31$217,544
Total plan assets at beginning of year2023-12-31$281,080
Other income received2023-12-31$-63,536
Net income (gross income less expenses)2023-12-31$-63,536
Net plan assets at end of year (total assets less liabilities)2023-12-31$217,544
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$281,080
Assets. Value of employer securities2023-12-31$216,043
2022 : FLOAT EVOLUTION RETIREMENT PLAN 2022 401k financial data
Total income from all sources2022-12-31$88,961
Expenses. Total of all expenses incurred2022-12-31$0
Total plan assets at end of year2022-12-31$281,080
Total plan assets at beginning of year2022-12-31$192,119
Other income received2022-12-31$88,961
Net income (gross income less expenses)2022-12-31$88,961
Net plan assets at end of year (total assets less liabilities)2022-12-31$281,080
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$192,119
Assets. Value of employer securities2022-12-31$279,586
2021 : FLOAT EVOLUTION RETIREMENT PLAN 2021 401k financial data
Total income from all sources2021-12-31$-12,708
Expenses. Total of all expenses incurred2021-12-31$0
Total plan assets at end of year2021-12-31$192,119
Total plan assets at beginning of year2021-12-31$204,827
Other income received2021-12-31$-12,708
Net income (gross income less expenses)2021-12-31$-12,708
Net plan assets at end of year (total assets less liabilities)2021-12-31$192,119
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$204,827
Assets. Value of employer securities2021-12-31$190,627
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
2020 : FLOAT EVOLUTION RETIREMENT PLAN 2020 401k financial data
Total income from all sources2020-12-31$5,085
Expenses. Total of all expenses incurred2020-12-31$0
Total plan assets at end of year2020-12-31$204,827
Total plan assets at beginning of year2020-12-31$199,742
Other income received2020-12-31$5,085
Net income (gross income less expenses)2020-12-31$5,085
Net plan assets at end of year (total assets less liabilities)2020-12-31$204,827
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$199,742
Assets. Value of employer securities2020-12-31$203,335
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : FLOAT EVOLUTION RETIREMENT PLAN 2019 401k financial data
Total income from all sources2019-12-31$106,184
Expenses. Total of all expenses incurred2019-12-31$0
Total plan assets at end of year2019-12-31$199,742
Total plan assets at beginning of year2019-12-31$93,558
Other income received2019-12-31$106,184
Net income (gross income less expenses)2019-12-31$106,184
Net plan assets at end of year (total assets less liabilities)2019-12-31$199,742
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$93,558
Assets. Value of employer securities2019-12-31$198,251
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : FLOAT EVOLUTION RETIREMENT PLAN 2018 401k financial data
Total income from all sources2018-12-31$-171,640
Expenses. Total of all expenses incurred2018-12-31$0
Total plan assets at end of year2018-12-31$128,973
Total plan assets at beginning of year2018-12-31$300,613
Other income received2018-12-31$-171,640
Net income (gross income less expenses)2018-12-31$-171,640
Net plan assets at end of year (total assets less liabilities)2018-12-31$128,973
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$300,613
Assets. Value of employer securities2018-12-31$127,491
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Funding deficiency by the employer to the plan for this plan year2018-12-31$0
Minimum employer required contribution for this plan year2018-12-31$0
Amount contributed by the employer to the plan for this plan year2018-12-31$0
2017 : FLOAT EVOLUTION RETIREMENT PLAN 2017 401k financial data
Total income from all sources2017-12-31$300,613
Total plan assets at end of year2017-12-31$300,613
Contributions received from other sources (not participants or employers)2017-12-31$184,467
Other income received2017-12-31$116,146
Net income (gross income less expenses)2017-12-31$300,613
Net plan assets at end of year (total assets less liabilities)2017-12-31$300,613
Assets. Value of employer securities2017-12-31$299,138
Funding deficiency by the employer to the plan for this plan year2017-12-31$0
Minimum employer required contribution for this plan year2017-12-31$0
Amount contributed by the employer to the plan for this plan year2017-12-31$0

Form 5500 Responses for FLOAT EVOLUTION RETIREMENT PLAN

2023: FLOAT EVOLUTION RETIREMENT PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: FLOAT EVOLUTION RETIREMENT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: FLOAT EVOLUTION RETIREMENT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: FLOAT EVOLUTION RETIREMENT PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: FLOAT EVOLUTION RETIREMENT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: FLOAT EVOLUTION RETIREMENT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: FLOAT EVOLUTION RETIREMENT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01First time form 5500 has been submittedYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes

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