401k Plan data: NITTOBO AMERICA INC. SAVINGS PLAN plan

NITTOBO AMERICA INC. SAVINGS PLAN 401k Plan overview

Plan Name	NITTOBO AMERICA INC. SAVINGS PLAN
Plan identification number	002

NITTOBO AMERICA INC. SAVINGS 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.
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) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

NITTOBO AMERICA, INC. has sponsored the creation of one or more 401k plans.

Company Name: NITTOBO AMERICA, INC.

Employer identification number (EIN): 954033568

NAIC Classification: 325410

Additional information about NITTOBO AMERICA, INC.

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 2018-08-07

Company Identification Number: 0803086283

Legal Registered Office Address: 41900 BROWN ST

MURRIETA
United States of America (USA)
92562

More information about NITTOBO AMERICA, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NITTOBO AMERICA INC. SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2020-01-01
002 2020-01-01
002 2019-01-01 MARY GUSTOFSON 2020-07-09 MARY GUSTOFSON 2020-07-09
002 2018-01-01 TATSUO SAKAE 2019-04-09 SAYURI YAMAKOSHI 2019-04-09
002 2017-01-01 TATSUO SAKAE 2018-06-13 TATSUO SAKAE 2018-06-13
002 2016-01-01 TATSUO SAKAE 2017-05-03 TATSUO SAKAE 2017-05-03
002 2015-01-01 TATSUO SAKAE 2016-06-30 TATSUO SAKAE 2016-06-30
002 2014-01-01 TATSUO SAKAE 2015-06-11 TATSUO SAKAE 2015-06-11
002 2013-01-01 TATSUO SAKAE 2014-03-04 TATSUO SAKAE 2014-03-04
002 2012-01-01 TATSUO SAKAE 2013-07-03 TATSUO SAKAE 2013-07-03
002 2011-01-01 TATSUO SAKAE 2012-05-10 TATSUO SAKAE 2012-05-10
002 2010-01-01 SHUNSAKU SHIBOTA 2011-05-25 SHUNSAKU SHIBOTA 2011-05-25

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-01-01
002	2021-01-01
002	2020-01-01
002	2020-01-01
002	2019-01-01	MARY GUSTOFSON	2020-07-09	MARY GUSTOFSON	2020-07-09
002	2018-01-01	TATSUO SAKAE	2019-04-09	SAYURI YAMAKOSHI	2019-04-09
002	2017-01-01	TATSUO SAKAE	2018-06-13	TATSUO SAKAE	2018-06-13
002	2016-01-01	TATSUO SAKAE	2017-05-03	TATSUO SAKAE	2017-05-03
002	2015-01-01	TATSUO SAKAE	2016-06-30	TATSUO SAKAE	2016-06-30
002	2014-01-01	TATSUO SAKAE	2015-06-11	TATSUO SAKAE	2015-06-11
002	2013-01-01	TATSUO SAKAE	2014-03-04	TATSUO SAKAE	2014-03-04
002	2012-01-01	TATSUO SAKAE	2013-07-03	TATSUO SAKAE	2013-07-03
002	2011-01-01	TATSUO SAKAE	2012-05-10	TATSUO SAKAE	2012-05-10
002	2010-01-01	SHUNSAKU SHIBOTA	2011-05-25	SHUNSAKU SHIBOTA	2011-05-25

Plan Statistics for NITTOBO AMERICA INC. SAVINGS PLAN

401k plan membership statisitcs for NITTOBO AMERICA INC. SAVINGS PLAN

Measure Date Value
2022: NITTOBO AMERICA INC. SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 177
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 130
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 39
Total of all active and inactive participants 2022-01-01 169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 169
Number of participants with account balances 2022-01-01 165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 17
2021: NITTOBO AMERICA INC. SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 153
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 122
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 33
Total of all active and inactive participants 2021-01-01 155
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 155
Number of participants with account balances 2021-01-01 148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 18
2020: NITTOBO AMERICA INC. SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 150
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 118
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 32
Total of all active and inactive participants 2020-01-01 150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 150
Number of participants with account balances 2020-01-01 143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 11

Measure	Date	Value
2022: NITTOBO AMERICA INC. SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	177
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	130
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	39
Total of all active and inactive participants	2022-01-01	169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	169
Number of participants with account balances	2022-01-01	165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	17
2021: NITTOBO AMERICA INC. SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	153
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	122
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	33
Total of all active and inactive participants	2021-01-01	155
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	155
Number of participants with account balances	2021-01-01	148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	18
2020: NITTOBO AMERICA INC. SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	150
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	118
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	32
Total of all active and inactive participants	2020-01-01	150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	150
Number of participants with account balances	2020-01-01	143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	11

Financial Data on NITTOBO AMERICA INC. SAVINGS PLAN

Measure	Date	Value
2022 : NITTOBO AMERICA INC. SAVINGS PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-1,102,197
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$968,111
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$946,216
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$1,454,158
Value of total assets at end of year	2022-12-31	$12,505,874
Value of total assets at beginning of year	2022-12-31	$14,576,182
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$21,895
Total interest from all sources	2022-12-31	$3,504
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$12,742
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$12,742
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$735,097
Participant contributions at end of year	2022-12-31	$15,661
Participant contributions at beginning of year	2022-12-31	$28,851
Participant contributions at end of year	2022-12-31	$15,150
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$316,920
Other income not declared elsewhere	2022-12-31	$-2,542
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-2,070,308
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$12,505,874
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$14,576,182
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$1,468,841
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$1,595,157
Value of interest in pooled separate accounts at end of year	2022-12-31	$5,512,044
Value of interest in pooled separate accounts at beginning of year	2022-12-31	$6,561,468
Interest on participant loans	2022-12-31	$1,628
Interest earned on other investments	2022-12-31	$1,876
Value of interest in common/collective trusts at end of year	2022-12-31	$5,390,180
Value of interest in common/collective trusts at beginning of year	2022-12-31	$5,792,095
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$94,129
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$598,611
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-293,686
Net investment gain/loss from pooled separate accounts	2022-12-31	$-1,266,573
Net investment gain or loss from common/collective trusts	2022-12-31	$-1,009,800
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$402,141
Employer contributions (assets) at end of year	2022-12-31	$9,869
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$946,216
Contract administrator fees	2022-12-31	$21,895
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	JMM CPA
Accountancy firm EIN	2022-12-31	472940358
2021 : NITTOBO AMERICA INC. SAVINGS PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$2,887,833
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$1,134,463
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$1,123,207
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,085,266
Value of total assets at end of year	2021-12-31	$14,576,182
Value of total assets at beginning of year	2021-12-31	$12,822,812
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$11,256
Total interest from all sources	2021-12-31	$4,726
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$4,686
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$4,686
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$700,085
Participant contributions at end of year	2021-12-31	$28,851
Participant contributions at beginning of year	2021-12-31	$57,463
Other income not declared elsewhere	2021-12-31	$-944
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$1,753,370
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$14,576,182
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$12,822,812
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$1,595,157
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$1,179,973
Value of interest in pooled separate accounts at end of year	2021-12-31	$6,561,468
Value of interest in pooled separate accounts at beginning of year	2021-12-31	$6,123,269
Interest on participant loans	2021-12-31	$2,794
Interest earned on other investments	2021-12-31	$1,932
Value of interest in common/collective trusts at end of year	2021-12-31	$5,792,095
Value of interest in common/collective trusts at beginning of year	2021-12-31	$5,005,702
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$598,611
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$456,405
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$229,735
Net investment gain/loss from pooled separate accounts	2021-12-31	$834,736
Net investment gain or loss from common/collective trusts	2021-12-31	$729,628
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$385,181
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$1,123,207
Contract administrator fees	2021-12-31	$11,256
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	JMM CPA
Accountancy firm EIN	2021-12-31	472940358
2020 : NITTOBO AMERICA INC. SAVINGS PLAN 2020 401k financial data
Unrealized appreciation/depreciation of real estate assets	2020-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2020-12-31	$0
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total transfer of assets to this plan	2020-12-31	$998,492
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$2,695,172
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$919,019
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$895,596
Expenses. Certain deemed distributions of participant loans	2020-12-31	$0
Value of total corrective distributions	2020-12-31	$13,823
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,071,368
Value of total assets at end of year	2020-12-31	$12,822,812
Value of total assets at beginning of year	2020-12-31	$10,048,167
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$9,600
Total income from rents	2020-12-31	$0
Total interest from all sources	2020-12-31	$8,276
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$3,695
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$3,695
Administrative expenses professional fees incurred	2020-12-31	$0
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Amount of non-exempt transactions with any party-in-interest	2020-12-31	$0
Contributions received from participants	2020-12-31	$669,274
Participant contributions at end of year	2020-12-31	$57,463
Participant contributions at beginning of year	2020-12-31	$110,560
Participant contributions at end of year	2020-12-31	$0
Participant contributions at beginning of year	2020-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$4,186
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2020-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2020-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2020-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2020-12-31	$0
Other income not declared elsewhere	2020-12-31	$850
Administrative expenses (other) incurred	2020-12-31	$0
Liabilities. Value of operating payables at beginning of year	2020-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$1,776,153
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$12,822,812
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$10,048,167
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year	2020-12-31	$0
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2020-12-31	$0
Investment advisory and management fees	2020-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$1,179,973
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$1,270,742
Value of interest in pooled separate accounts at end of year	2020-12-31	$6,123,269
Value of interest in pooled separate accounts at beginning of year	2020-12-31	$5,138,121
Interest on participant loans	2020-12-31	$6,011
Income. Interest from loans (other than to participants)	2020-12-31	$0
Interest earned on other investments	2020-12-31	$2,265
Income. Interest from US Government securities	2020-12-31	$0
Income. Interest from corporate debt instruments	2020-12-31	$0
Value of interest in common/collective trusts at end of year	2020-12-31	$5,005,702
Value of interest in common/collective trusts at beginning of year	2020-12-31	$3,346,333
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$456,405
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$182,411
Expenses. Payments to insurance carriers foe the provision of benefits	2020-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$241,877
Net investment gain/loss from pooled separate accounts	2020-12-31	$698,248
Net investment gain or loss from common/collective trusts	2020-12-31	$670,858
Net gain/loss from 103.12 investment entities	2020-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$397,908
Employer contributions (assets) at end of year	2020-12-31	$0
Employer contributions (assets) at beginning of year	2020-12-31	$0
Income. Dividends from preferred stock	2020-12-31	$0
Income. Dividends from common stock	2020-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$895,596
Contract administrator fees	2020-12-31	$9,600
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2020-12-31	Yes
Liabilities. Value of benefit claims payable at beginning of year	2020-12-31	$0
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Aggregate proceeds on sale of assets	2020-12-31	$0
Aggregate carrying amount (costs) on sale of assets	2020-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2020-12-31	$0
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	JMM CPA
Accountancy firm EIN	2020-12-31	472940358

Form 5500 Responses for NITTOBO AMERICA INC. SAVINGS PLAN

2022: NITTOBO AMERICA INC. SAVINGS 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	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
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: NITTOBO AMERICA INC. SAVINGS 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	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
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: NITTOBO AMERICA INC. SAVINGS PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	Yes
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
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

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

421516

Policy instance

Insurance contract or identification number	421516
Number of Individuals Covered	169
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Total amount of commissions paid to insurance broker	USD $7,503
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $7,503
Amount paid for insurance broker fees	0
Insurance broker organization code?	3

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

421516

Policy instance

Insurance contract or identification number	421516
Number of Individuals Covered	155
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Total amount of commissions paid to insurance broker	USD $8,164
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $8,164
Amount paid for insurance broker fees	0
Insurance broker organization code?	3

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

421516

Policy instance

Insurance contract or identification number	421516
Number of Individuals Covered	150
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $6,530
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $6,530
Amount paid for insurance broker fees	0
Insurance broker organization code?	3

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Company Name:	NITTOBO AMERICA, INC.
Employer identification number (EIN):	954033568
NAIC Classification:	325410

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	2018-08-07
Company Identification Number:	0803086283
Legal Registered Office Address:	41900 BROWN ST MURRIETA United States of America (USA) 92562