401k Plan data: NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN plan

NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN
Plan identification number	001

NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

NORTHERN BIOMEDICAL RESEARCH, INC. has sponsored the creation of one or more 401k plans.

Company Name: NORTHERN BIOMEDICAL RESEARCH, INC.

Employer identification number (EIN): 842369843

NAIC Classification: 541700

Additional information about NORTHERN BIOMEDICAL RESEARCH, INC.

Jurisdiction of Incorporation: Michigan Secretary of State

Incorporation Date: 0000-00-00

Company Identification Number: 303421

Legal Registered Office Address: 1210 PONTALUNA RD SPRING LAKE

United States of America (USA)
49456

More information about NORTHERN BIOMEDICAL RESEARCH, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTHERN BIOMEDICAL RESEARCH, INC. 40I(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
001 2021-01-01
001 2020-04-01

Plan Statistics for NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN

401k plan membership statisitcs for NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN

Measure Date Value
2022: NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 78
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 98
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 10
Total of all active and inactive participants 2022-01-01 108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 108
Number of participants with account balances 2022-01-01 84
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 58
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 66
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 12
Total of all active and inactive participants 2021-01-01 78
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 78
Number of participants with account balances 2021-01-01 72
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-04-01 49
Total number of active participants reported on line 7a of the Form 5500 2020-04-01 49
Number of retired or separated participants receiving benefits 2020-04-01 0
Number of other retired or separated participants entitled to future benefits 2020-04-01 9
Total of all active and inactive participants 2020-04-01 58
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-04-01 0
Total participants 2020-04-01 58
Number of participants with account balances 2020-04-01 53
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-04-01 0

Measure	Date	Value
2022: NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	78
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	98
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	10
Total of all active and inactive participants	2022-01-01	108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	108
Number of participants with account balances	2022-01-01	84
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	58
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	66
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	12
Total of all active and inactive participants	2021-01-01	78
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	78
Number of participants with account balances	2021-01-01	72
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-04-01	49
Total number of active participants reported on line 7a of the Form 5500	2020-04-01	49
Number of retired or separated participants receiving benefits	2020-04-01	0
Number of other retired or separated participants entitled to future benefits	2020-04-01	9
Total of all active and inactive participants	2020-04-01	58
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-04-01	0
Total participants	2020-04-01	58
Number of participants with account balances	2020-04-01	53
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-04-01	0

Financial Data on NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN

Measure	Date	Value
2022 : NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN 2022 401k financial data
Transfers to/from the plan	2022-12-31	$0
Total plan liabilities at end of year	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$84,967
Expenses. Total of all expenses incurred	2022-12-31	$58,163
Benefits paid (including direct rollovers)	2022-12-31	$45,752
Total plan assets at end of year	2022-12-31	$2,744,187
Total plan assets at beginning of year	2022-12-31	$2,717,383
Value of fidelity bond covering the plan	2022-12-31	$500,000
Assets. Value of tangible personal property	2022-12-31	$0
Total contributions received or receivable from participants	2022-12-31	$433,933
Assets. Value of loans (other than to participants)	2022-12-31	$0
Expenses. Other expenses not covered elsewhere	2022-12-31	$0
Contributions received from other sources (not participants or employers)	2022-12-31	$4,606
Other income received	2022-12-31	$-499,769
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$26,804
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$2,744,187
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$2,717,383
Assets. Value of participant loans	2022-12-31	$3,560
Assets. Value of assets in partnership/joint-venture interests	2022-12-31	$0
Assets. Value of real-estate (other than employer real property)	2022-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2022-12-31	$0
Assets. Value of employer securities	2022-12-31	$0
Assets. Value of employer real property	2022-12-31	$0
Total contributions received or receivable from employer(s)	2022-12-31	$146,197
Value of certain deemed distributions of participant loans	2022-12-31	$0
Value of corrective distributions	2022-12-31	$6,283
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$6,128
2021 : NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN 2021 401k financial data
Transfers to/from the plan	2021-12-31	$0
Total plan liabilities at end of year	2021-12-31	$0
Total plan liabilities at beginning of year	2021-12-31	$0
Total income from all sources	2021-12-31	$993,682
Expenses. Total of all expenses incurred	2021-12-31	$2,523,246
Benefits paid (including direct rollovers)	2021-12-31	$2,516,783
Total plan assets at end of year	2021-12-31	$2,717,383
Total plan assets at beginning of year	2021-12-31	$4,246,947
Value of fidelity bond covering the plan	2021-12-31	$500,000
Assets. Value of tangible personal property	2021-12-31	$0
Total contributions received or receivable from participants	2021-12-31	$390,085
Assets. Value of loans (other than to participants)	2021-12-31	$0
Expenses. Other expenses not covered elsewhere	2021-12-31	$0
Contributions received from other sources (not participants or employers)	2021-12-31	$61,976
Other income received	2021-12-31	$541,621
Noncash contributions received	2021-12-31	$0
Net income (gross income less expenses)	2021-12-31	$-1,529,564
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$2,717,383
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$4,246,947
Assets. Value of participant loans	2021-12-31	$0
Assets. Value of assets in partnership/joint-venture interests	2021-12-31	$0
Assets. Value of real-estate (other than employer real property)	2021-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2021-12-31	$0
Assets. Value of employer securities	2021-12-31	$0
Assets. Value of employer real property	2021-12-31	$0
Total contributions received or receivable from employer(s)	2021-12-31	$0
Value of certain deemed distributions of participant loans	2021-12-31	$0
Value of corrective distributions	2021-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$6,463
2020 : NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN 2020 401k financial data
Transfers to/from the plan	2020-12-31	$2,961,454
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$1,321,947
Expenses. Total of all expenses incurred	2020-12-31	$36,454
Benefits paid (including direct rollovers)	2020-12-31	$29,969
Total plan assets at end of year	2020-12-31	$4,246,947
Total plan assets at beginning of year	2020-12-31	$0
Total contributions received or receivable from participants	2020-12-31	$220,456
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$1,616
Other income received	2020-12-31	$1,099,621
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$1,285,493
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$4,246,947
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$0
Total contributions received or receivable from employer(s)	2020-12-31	$254
Value of certain deemed distributions of participant loans	2020-12-31	$0
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$6,485

Form 5500 Responses for NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN

2022: NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	This submission is the final filing	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	This submission is the final filing	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: NORTHERN BIOMEDICAL RESEARCH, INC. 40I(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-04-01	Type of plan entity	Single employer plan
2020-04-01	First time form 5500 has been submitted	Yes
2020-04-01	Submission has been amended	No
2020-04-01	This submission is the final filing	No
2020-04-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2020-04-01	Plan is a collectively bargained plan	No
2020-04-01	Plan funding arrangement – Trust	Yes
2020-04-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

NORTHERN BIOMEDICAL RESEARCH, INC. 401K PROFIT SHARING PLAN [EIN = 383097741]

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Company Name:	NORTHERN BIOMEDICAL RESEARCH, INC.
Employer identification number (EIN):	842369843
NAIC Classification:	541700

Jurisdiction of Incorporation:	Michigan Secretary of State
Incorporation Date:	0000-00-00
Company Identification Number:	303421
Legal Registered Office Address:	1210 PONTALUNA RD SPRING LAKE United States of America (USA) 49456