Logo

ARK MARKETING AND MEDIA SOLUTIONS 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameARK MARKETING AND MEDIA SOLUTIONS 401(K) PROFIT SHARING PLAN
Plan identification number 001

ARK MARKETING AND MEDIA SOLUTIONS 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

ARK MARKETING AND MEDIA SOLUTIONS, INCORPORATED has sponsored the creation of one or more 401k plans.

Company Name:ARK MARKETING AND MEDIA SOLUTIONS, INCORPORATED
Employer identification number (EIN):824422807
NAIC Classification:532289
NAIC Description:All Other Consumer Goods Rental

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ARK MARKETING AND MEDIA SOLUTIONS 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01AUDREY PATTERSON2024-10-08
0012022-01-01EDWARD ROJAS2023-04-21
0012021-01-01EDWARD ROJAS2022-05-23
0012020-01-01EDWARD ROJAS2021-05-26
0012019-01-01EDWARD ROJAS2020-05-27

Financial Data on ARK MARKETING AND MEDIA SOLUTIONS 401(K) PROFIT SHARING PLAN

Measure Date Value
2023 : ARK MARKETING AND MEDIA SOLUTIONS 401(K) PROFIT SHARING PLAN 2023 401k financial data
Total plan liabilities at end of year2023-12-31$0
Total plan liabilities at beginning of year2023-12-31$0
Total income from all sources2023-12-31$120,880
Expenses. Total of all expenses incurred2023-12-31$1,879
Benefits paid (including direct rollovers)2023-12-31$0
Total plan assets at end of year2023-12-31$282,995
Total plan assets at beginning of year2023-12-31$163,994
Value of fidelity bond covering the plan2023-12-31$30,000
Total contributions received or receivable from participants2023-12-31$51,582
Expenses. Other expenses not covered elsewhere2023-12-31$0
Contributions received from other sources (not participants or employers)2023-12-31$0
Other income received2023-12-31$30,520
Noncash contributions received2023-12-31$0
Net income (gross income less expenses)2023-12-31$119,001
Net plan assets at end of year (total assets less liabilities)2023-12-31$282,995
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$163,994
Assets. Value of participant loans2023-12-31$3,762
Total contributions received or receivable from employer(s)2023-12-31$38,778
Value of certain deemed distributions of participant loans2023-12-31$0
Value of corrective distributions2023-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$1,879
2022 : ARK MARKETING AND MEDIA SOLUTIONS 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-05-230
Total liabilities as of the end of the plan year2022-05-230
Total liabilities as of the beginning of the plan year2022-05-230
Total expenses incurred by plan in this plan year2022-05-231888
Net assets as of the end of the plan year2022-05-23127265
Total assets as of the beginning of the plan year2022-05-2360582
Participant contributions to plan in this plan year2022-05-2342110
Value of participant loans at end of plan year2022-05-232851
Other expenses paid from plan in this plan year2022-05-230
Other contributions to plan in this plan year2022-05-236795
Other income to plan in this plan year2022-05-2312031
Plan net income in this plan year2022-05-2366683
Net assets as of the end of the plan year2022-05-23127265
Net assets as of the beginning of the plan year2022-05-2360582
Employer contributions to plan in this plan year2022-05-237635
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-231888

Form 5500 Responses for ARK MARKETING AND MEDIA SOLUTIONS 401(K) PROFIT SHARING PLAN

2023: ARK MARKETING AND MEDIA SOLUTIONS 401(K) PROFIT SHARING 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

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number81N266
Policy instance 1
Insurance contract or identification number81N266
Number of Individuals Covered7
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1