401k Plan data: AIRPORT EQUIPMENT RENTALS INC. 401K PLAN plan

AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 401k Plan overview

Plan Name	AIRPORT EQUIPMENT RENTALS INC. 401K PLAN
Plan identification number	001

AIRPORT EQUIPMENT RENTALS INC. 401K 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.
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

AIRPORT EQUIPMENT RENTALS INC. has sponsored the creation of one or more 401k plans.

Company Name: AIRPORT EQUIPMENT RENTALS INC.

Employer identification number (EIN): 920126072

NAIC Classification: 238300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AIRPORT EQUIPMENT RENTALS INC. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 MAX ROBERTS 2023-10-12
001 2021-01-01 JOHN MICHEL 2022-10-12
001 2020-01-01 JOHN MICHEL 2021-10-12
001 2019-01-01 JOHN MICHEL 2020-09-25
001 2018-01-01
001 2017-01-01 BOB MICHEL BOB MICHEL 2018-10-09
001 2016-01-01 BOB MICHEL BOB MICHEL 2017-10-10
001 2015-01-01 BOB MICHEL 2016-06-10 BOB MICHEL 2016-06-10
001 2014-01-01 BOB MICHEL 2015-07-29 BOB MICHEL 2015-07-29
001 2013-01-01 JOHN MICHEL 2014-07-25 JOHN MICHEL 2014-07-25
001 2012-01-01 JOHN MICHEL 2013-07-31 JOHN MICHEL 2013-07-31
001 2011-01-01 JOHN MICHEL 2012-07-20
001 2010-01-01 JOHN MICHEL
001 2009-01-01 JOHN MICHEL

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	MAX ROBERTS	2023-10-12
001	2021-01-01	JOHN MICHEL	2022-10-12
001	2020-01-01	JOHN MICHEL	2021-10-12
001	2019-01-01	JOHN MICHEL	2020-09-25
001	2018-01-01
001	2017-01-01	BOB MICHEL		BOB MICHEL	2018-10-09
001	2016-01-01	BOB MICHEL		BOB MICHEL	2017-10-10
001	2015-01-01	BOB MICHEL	2016-06-10	BOB MICHEL	2016-06-10
001	2014-01-01	BOB MICHEL	2015-07-29	BOB MICHEL	2015-07-29
001	2013-01-01	JOHN MICHEL	2014-07-25	JOHN MICHEL	2014-07-25
001	2012-01-01	JOHN MICHEL	2013-07-31	JOHN MICHEL	2013-07-31
001	2011-01-01	JOHN MICHEL	2012-07-20
001	2010-01-01	JOHN MICHEL
001	2009-01-01	JOHN MICHEL

Plan Statistics for AIRPORT EQUIPMENT RENTALS INC. 401K PLAN

401k plan membership statisitcs for AIRPORT EQUIPMENT RENTALS INC. 401K PLAN

Measure Date Value
2018: AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 102
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 37
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 37
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 37
Number of participants with account balances 2018-01-01 35
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 113
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 81
Number of retired or separated participants receiving benefits 2017-01-01 8
Number of other retired or separated participants entitled to future benefits 2017-01-01 13
Total of all active and inactive participants 2017-01-01 102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 102
Number of participants with account balances 2017-01-01 62
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 117
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 93
Number of retired or separated participants receiving benefits 2016-01-01 3
Number of other retired or separated participants entitled to future benefits 2016-01-01 12
Total of all active and inactive participants 2016-01-01 108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 108
Number of participants with account balances 2016-01-01 61
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 1
2010: AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 99
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 120
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 16
Total of all active and inactive participants 2010-01-01 136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 136
Number of participants with account balances 2010-01-01 66
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 3
2009: AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 113
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 119
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 14
Total of all active and inactive participants 2009-01-01 133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 133
Number of participants with account balances 2009-01-01 65
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 3

Measure	Date	Value
2018: AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	102
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	37
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	37
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	37
Number of participants with account balances	2018-01-01	35
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	113
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	81
Number of retired or separated participants receiving benefits	2017-01-01	8
Number of other retired or separated participants entitled to future benefits	2017-01-01	13
Total of all active and inactive participants	2017-01-01	102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	102
Number of participants with account balances	2017-01-01	62
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	117
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	93
Number of retired or separated participants receiving benefits	2016-01-01	3
Number of other retired or separated participants entitled to future benefits	2016-01-01	12
Total of all active and inactive participants	2016-01-01	108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	108
Number of participants with account balances	2016-01-01	61
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	1
2010: AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	99
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	120
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	16
Total of all active and inactive participants	2010-01-01	136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	136
Number of participants with account balances	2010-01-01	66
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	3
2009: AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	113
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	119
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	14
Total of all active and inactive participants	2009-01-01	133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	133
Number of participants with account balances	2009-01-01	65
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	3

Financial Data on AIRPORT EQUIPMENT RENTALS INC. 401K PLAN

Measure	Date	Value
2018 : AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2018 401k financial data
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$1,986,323
Expenses. Total of all expenses incurred	2018-12-31	$2,703,854
Benefits paid (including direct rollovers)	2018-12-31	$2,703,831
Total plan assets at end of year	2018-12-31	$2,024,843
Total plan assets at beginning of year	2018-12-31	$2,742,374
Value of fidelity bond covering the plan	2018-12-31	$500,000
Total contributions received or receivable from participants	2018-12-31	$0
Contributions received from other sources (not participants or employers)	2018-12-31	$1,918,684
Other income received	2018-12-31	$67,639
Net income (gross income less expenses)	2018-12-31	$-717,531
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$2,024,843
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$2,742,374
Assets. Value of participant loans	2018-12-31	$38,543
Total contributions received or receivable from employer(s)	2018-12-31	$0
Value of corrective distributions	2018-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$23
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2017 401k financial data
Transfers to/from the plan	2017-12-31	$0
Total plan liabilities at end of year	2017-12-31	$0
Total plan liabilities at beginning of year	2017-12-31	$0
Total income from all sources	2017-12-31	$635,799
Expenses. Total of all expenses incurred	2017-12-31	$170,720
Benefits paid (including direct rollovers)	2017-12-31	$148,262
Total plan assets at end of year	2017-12-31	$2,742,374
Total plan assets at beginning of year	2017-12-31	$2,277,295
Value of fidelity bond covering the plan	2017-12-31	$500,000
Total contributions received or receivable from participants	2017-12-31	$217,409
Contributions received from other sources (not participants or employers)	2017-12-31	$0
Other income received	2017-12-31	$328,390
Noncash contributions received	2017-12-31	$0
Net income (gross income less expenses)	2017-12-31	$465,079
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$2,742,374
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$2,277,295
Assets. Value of participant loans	2017-12-31	$38,972
Total contributions received or receivable from employer(s)	2017-12-31	$90,000
Value of certain deemed distributions of participant loans	2017-12-31	$0
Value of corrective distributions	2017-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$22,458
2016 : AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2016 401k financial data
Transfers to/from the plan	2016-12-31	$0
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$572,357
Expenses. Total of all expenses incurred	2016-12-31	$199,757
Benefits paid (including direct rollovers)	2016-12-31	$182,709
Total plan assets at end of year	2016-12-31	$2,277,295
Total plan assets at beginning of year	2016-12-31	$1,904,695
Value of fidelity bond covering the plan	2016-12-31	$500,000
Total contributions received or receivable from participants	2016-12-31	$203,730
Expenses. Other expenses not covered elsewhere	2016-12-31	$0
Contributions received from other sources (not participants or employers)	2016-12-31	$7,433
Other income received	2016-12-31	$271,194
Noncash contributions received	2016-12-31	$0
Net income (gross income less expenses)	2016-12-31	$372,600
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$2,277,295
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$1,904,695
Assets. Value of participant loans	2016-12-31	$39,030
Total contributions received or receivable from employer(s)	2016-12-31	$90,000
Value of certain deemed distributions of participant loans	2016-12-31	$0
Value of corrective distributions	2016-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$17,048
2010 : AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$565,968
Expenses. Total of all expenses incurred	2010-12-31	$110,555
Benefits paid (including direct rollovers)	2010-12-31	$92,414
Total plan assets at end of year	2010-12-31	$1,644,316
Total plan assets at beginning of year	2010-12-31	$1,188,903
Value of fidelity bond covering the plan	2010-12-31	$100,000
Total contributions received or receivable from participants	2010-12-31	$234,173
Contributions received from other sources (not participants or employers)	2010-12-31	$16,091
Other income received	2010-12-31	$223,529
Net income (gross income less expenses)	2010-12-31	$455,413
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$1,644,316
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$1,188,903
Total contributions received or receivable from employer(s)	2010-12-31	$92,175
Value of corrective distributions	2010-12-31	$3,978
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$14,163

Form 5500 Responses for AIRPORT EQUIPMENT RENTALS INC. 401K PLAN

2018: AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2017: AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2010: AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: AIRPORT EQUIPMENT RENTALS INC. 401K PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )

Policy contract number

061705B

Policy instance

Insurance contract or identification number	061705B
Number of Individuals Covered	37
Insurance policy start date	2018-01-01
Insurance policy end date	2018-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
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	1
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

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Company Name:	AIRPORT EQUIPMENT RENTALS INC.
Employer identification number (EIN):	920126072
NAIC Classification:	238300