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NORTH AREA NEWS 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameNORTH AREA NEWS 401(K) PROFIT SHARING PLAN
Plan identification number 001

NORTH AREA NEWS 401(K) PROFIT SHARING PLAN Benefits

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

NORTH AREA NEWS has sponsored the creation of one or more 401k plans.

Company Name:NORTH AREA NEWS
Employer identification number (EIN):942671720
NAIC Classification:511110
NAIC Description:Newspaper Publishers

Additional information about NORTH AREA NEWS

Jurisdiction of Incorporation: California Department of State
Incorporation Date:
Company Identification Number: C0986700

More information about NORTH AREA NEWS

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTH AREA NEWS 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-07-01THOMAS HOEY2019-11-13
0012017-07-01THOMAS HOEY2019-01-08
0012016-07-01THOMAS HOEY2017-08-25
0012015-07-01THOMAS HOEY2016-09-12
0012014-07-01THOMAS HOEY2015-08-14
0012013-07-01THOMAS HOEY2014-12-08
0012012-07-01THOMAS HOEY2013-11-19
0012011-07-01THOMAS HOEY2012-10-30
0012010-07-01THOMAS HOEY
0012009-07-01THOMAS HOEY
0012009-07-01THOMAS HOEY

Plan Statistics for NORTH AREA NEWS 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for NORTH AREA NEWS 401(K) PROFIT SHARING PLAN

Measure Date Value
2010: NORTH AREA NEWS 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-07-0116
Total number of active participants reported on line 7a of the Form 55002010-07-0112
Number of other retired or separated participants entitled to future benefits2010-07-012
Total of all active and inactive participants2010-07-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-07-010
Total participants2010-07-0114
Number of participants with account balances2010-07-0114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-07-010
2009: NORTH AREA NEWS 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-07-0116
Total number of active participants reported on line 7a of the Form 55002009-07-0116
Number of retired or separated participants receiving benefits2009-07-010
Number of other retired or separated participants entitled to future benefits2009-07-010
Total of all active and inactive participants2009-07-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-07-010
Total participants2009-07-0116
Number of participants with account balances2009-07-0116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-07-010

Financial Data on NORTH AREA NEWS 401(K) PROFIT SHARING PLAN

Measure Date Value
2011 : NORTH AREA NEWS 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-06-30$571,761
Expenses. Total of all expenses incurred2011-06-30$14,740
Benefits paid (including direct rollovers)2011-06-30$9,994
Total plan assets at end of year2011-06-30$2,897,526
Total plan assets at beginning of year2011-06-30$2,340,505
Value of fidelity bond covering the plan2011-06-30$500,000
Total contributions received or receivable from participants2011-06-30$55,737
Assets. Value of loans (other than to participants)2011-06-30$0
Other income received2011-06-30$489,566
Net income (gross income less expenses)2011-06-30$557,021
Net plan assets at end of year (total assets less liabilities)2011-06-30$2,897,526
Net plan assets at beginning of year (total assets less liabilities)2011-06-30$2,340,505
Total contributions received or receivable from employer(s)2011-06-30$26,458
Expenses. Administrative service providers (salaries,fees and commissions)2011-06-30$4,746
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-06-30$0

Form 5500 Responses for NORTH AREA NEWS 401(K) PROFIT SHARING PLAN

2010: NORTH AREA NEWS 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-07-01Type of plan entitySingle employer plan
2010-07-01Submission has been amendedYes
2010-07-01Plan funding arrangement – TrustYes
2010-07-01Plan benefit arrangement - TrustYes
2009: NORTH AREA NEWS 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-07-01Type of plan entitySingle employer plan
2009-07-01Submission has been amendedYes
2009-07-01Plan funding arrangement – TrustYes
2009-07-01Plan benefit arrangement - TrustYes

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