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| Benefits Provided Under the Plan | ||
| Code | Benefit | Description |
| 2E | Profit-sharing | A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature. |
| 2G | 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. |
| 2J | 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. |
| 2K | 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 contributions 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. |
| 2O | ESOP other than a leveraged ESOP | An Employee Stock Ownership Plan (ESOP) is a type of employee benefit plan designed to invest primarily in employer stock. |
| 2R | Brokerage Window | Participant-directed brokerage accounts provided as an investment option under the plan. |
| 3D | 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. |
| 3H | Controlled Group | Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)). |
| Question | Answer | Amount | |
| 1. | During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? | Yes | $1,883 |
| 2. | Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. | No | |
| 3. | Were any leases to which the plan was a party in default or classified during the year as uncollectible? | No | |
| 4. | Were there any nonexempt transactions with any party-in-interest? | No | |
| 5. | Was this plan covered by a fidelity bond? | Yes | $20,000,000 |
| 6. | Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? | No | |
| 7. | Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? | No | |
| 8. | Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? | No | |
| 9. | Did the plan have assets held for investment? | Yes | |
| 10. | Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? | No | |
| 11. | Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? | No | |
| 12. | Has the plan failed to provide any benefit when due under the plan? | No | |
| 13. | If this is an individual account plan, was there a blackout period? | ||
| 14. | If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? |
