401k Plan data: HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN plan

HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN
Plan identification number	001

HERITAGE ENTERPRISES 401(K) PROFIT SHARING 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

HERITAGE ENTERPRISES has sponsored the creation of one or more 401k plans.

Company Name: HERITAGE ENTERPRISES

Employer identification number (EIN): 833918297

NAIC Classification: 722511
NAIC Description: Full-Service Restaurants

Additional information about HERITAGE ENTERPRISES

Jurisdiction of Incorporation: California Department of State

Incorporation Date:

Company Identification Number: C0554811

More information about HERITAGE ENTERPRISES

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 EDWARD R. POLARD III 2023-07-24
001 2021-01-01 EDWARD R. POLARD III 2022-10-12
001 2020-01-01
001 2019-01-01

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01	EDWARD R. POLARD III	2023-07-24
001	2021-01-01	EDWARD R. POLARD III	2022-10-12
001	2020-01-01
001	2019-01-01

Plan Statistics for HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN

Measure Date Value
2022: HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 2
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 4
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 4
Number of participants with account balances 2022-01-01 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 2
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 2
Total of all active and inactive participants 2021-01-01 2
Total participants 2021-01-01 2
Number of participants with account balances 2021-01-01 2
2020: HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 2
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 2
Total of all active and inactive participants 2020-01-01 2
Total participants 2020-01-01 2
Number of participants with account balances 2020-01-01 2
2019: HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 2
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 2
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 0
Total of all active and inactive participants 2019-01-01 2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 2
Number of participants with account balances 2019-01-01 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0

Measure	Date	Value
2022: HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	2
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	4
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	4
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	4
Number of participants with account balances	2022-01-01	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	2
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	2
Total of all active and inactive participants	2021-01-01	2
Total participants	2021-01-01	2
Number of participants with account balances	2021-01-01	2
2020: HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	2
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	2
Total of all active and inactive participants	2020-01-01	2
Total participants	2020-01-01	2
Number of participants with account balances	2020-01-01	2
2019: HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	2
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	2
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	0
Total of all active and inactive participants	2019-01-01	2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	2
Number of participants with account balances	2019-01-01	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0

Financial Data on HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2022 : HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total income from all sources	2022-12-31	$-4,794
Expenses. Total of all expenses incurred	2022-12-31	$0
Benefits paid (including direct rollovers)	2022-12-31	$0
Total plan assets at end of year	2022-12-31	$713,997
Total plan assets at beginning of year	2022-12-31	$718,791
Value of fidelity bond covering the plan	2022-12-31	$10,000
Total contributions received or receivable from participants	2022-12-31	$2,359
Expenses. Other expenses not covered elsewhere	2022-12-31	$0
Contributions received from other sources (not participants or employers)	2022-12-31	$0
Other income received	2022-12-31	$-8,951
Net income (gross income less expenses)	2022-12-31	$-4,794
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$713,997
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$718,791
Assets. Value of employer securities	2022-12-31	$630,000
Total contributions received or receivable from employer(s)	2022-12-31	$1,798
Value of certain deemed distributions of participant loans	2022-12-31	$0
Value of corrective distributions	2022-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$0
2021 : HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources	2021-12-31	$180,581
Expenses. Total of all expenses incurred	2021-12-31	$2,103
Total plan assets at end of year	2021-12-31	$718,791
Total plan assets at beginning of year	2021-12-31	$540,313
Value of fidelity bond covering the plan	2021-12-31	$10,000
Other income received	2021-12-31	$180,581
Net income (gross income less expenses)	2021-12-31	$178,478
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$718,791
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$540,313
Assets. Value of employer securities	2021-12-31	$620,000
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$2,103
2020 : HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources	2020-12-31	$13,726
Expenses. Total of all expenses incurred	2020-12-31	$3,119
Total plan assets at end of year	2020-12-31	$540,313
Total plan assets at beginning of year	2020-12-31	$529,706
Value of fidelity bond covering the plan	2020-12-31	$10,000
Other income received	2020-12-31	$13,726
Net income (gross income less expenses)	2020-12-31	$10,607
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$540,313
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$529,706
Assets. Value of employer securities	2020-12-31	$450,000
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$3,119
2019 : HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources	2019-12-31	$529,937
Expenses. Total of all expenses incurred	2019-12-31	$231
Total plan assets at end of year	2019-12-31	$529,706
Total plan assets at beginning of year	2019-12-31	$0
Value of fidelity bond covering the plan	2019-12-31	$10,000
Contributions received from other sources (not participants or employers)	2019-12-31	$525,100
Other income received	2019-12-31	$4,837
Net income (gross income less expenses)	2019-12-31	$529,706
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$529,706
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$0
Assets. Value of employer securities	2019-12-31	$525,100
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$231

Form 5500 Responses for HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN

2022: HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: HERITAGE ENTERPRISES 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	First time form 5500 has been submitted	Yes
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

140772

Policy instance

Insurance contract or identification number	140772
Number of Individuals Covered	2
Insurance policy start date	2019-06-08
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $166
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 plan	No
Contracts With Unallocated Funds Deposit Administration	0
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 Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
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
Commission paid to Insurance Broker	USD $0
Amount paid for insurance broker fees	166
Additional information about fees paid to insurance broker	TPA COMPENSATION
Insurance broker organization code?	5

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Company Name:	HERITAGE ENTERPRISES
Employer identification number (EIN):	833918297
NAIC Classification:	722511
NAIC Description:	Full-Service Restaurants

Jurisdiction of Incorporation:	California Department of State
Incorporation Date:
Company Identification Number:	C0554811