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NORTHBAY NETWORKS 401(K) PLAN & PROFIT SHARING 401k Plan overview

Plan NameNORTHBAY NETWORKS 401(K) PLAN & PROFIT SHARING
Plan identification number 001

NORTHBAY NETWORKS 401(K) PLAN & PROFIT SHARING Benefits

401k Plan TypeDefined 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.
  • 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

NORTHBAY NETWORKS, INC. has sponsored the creation of one or more 401k plans.

Company Name:NORTHBAY NETWORKS, INC.
Employer identification number (EIN):943405023
NAIC Classification:443142
NAIC Description:Electronics Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTHBAY NETWORKS 401(K) PLAN & PROFIT SHARING

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01GANA BATNASAN2023-05-26
0012021-01-01GANA BATNASAN2022-05-24
0012020-01-01GANA BATNASAN2021-06-17
0012019-01-01GANA BATNASAN2020-06-30
0012018-01-01GANA BATNASAN2019-06-25
0012017-01-01GANA BATNASAN2018-06-18
0012016-01-01GANA BATNASAN2020-02-24
0012014-01-01WENDI CHENG
0012013-01-01WENDI CHENG

Plan Statistics for NORTHBAY NETWORKS 401(K) PLAN & PROFIT SHARING

401k plan membership statisitcs for NORTHBAY NETWORKS 401(K) PLAN & PROFIT SHARING

Measure Date Value
2014: NORTHBAY NETWORKS 401(K) PLAN & PROFIT SHARING 2014 401k membership
Total participants, beginning-of-year2014-01-0111
Total number of active participants reported on line 7a of the Form 55002014-01-018
Number of other retired or separated participants entitled to future benefits2014-01-013
Total of all active and inactive participants2014-01-0111
Total participants2014-01-0111
Number of participants with account balances2014-01-0110
2013: NORTHBAY NETWORKS 401(K) PLAN & PROFIT SHARING 2013 401k membership
Total participants, beginning-of-year2013-01-018
Total number of active participants reported on line 7a of the Form 55002013-01-018
Number of other retired or separated participants entitled to future benefits2013-01-013
Total of all active and inactive participants2013-01-0111
Total participants2013-01-0111
Number of participants with account balances2013-01-0110

Financial Data on NORTHBAY NETWORKS 401(K) PLAN & PROFIT SHARING

Measure Date Value
2014 : NORTHBAY NETWORKS 401(K) PLAN & PROFIT SHARING 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$129,751
Expenses. Total of all expenses incurred2014-12-31$0
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$841,744
Total plan assets at beginning of year2014-12-31$711,993
Total contributions received or receivable from participants2014-12-31$83,577
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$46,174
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$129,751
Net plan assets at end of year (total assets less liabilities)2014-12-31$841,744
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$711,993
Total contributions received or receivable from employer(s)2014-12-31$0
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$0
2013 : NORTHBAY NETWORKS 401(K) PLAN & PROFIT SHARING 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$165,791
Expenses. Total of all expenses incurred2013-12-31$106,839
Benefits paid (including direct rollovers)2013-12-31$106,812
Total plan assets at end of year2013-12-31$711,993
Total plan assets at beginning of year2013-12-31$653,041
Total contributions received or receivable from participants2013-12-31$45,088
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$120,703
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$58,952
Net plan assets at end of year (total assets less liabilities)2013-12-31$711,993
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$653,041
Total contributions received or receivable from employer(s)2013-12-31$0
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$27

Form 5500 Responses for NORTHBAY NETWORKS 401(K) PLAN & PROFIT SHARING

2014: NORTHBAY NETWORKS 401(K) PLAN & PROFIT SHARING 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: NORTHBAY NETWORKS 401(K) PLAN & PROFIT SHARING 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes

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