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NATIONAL QUALITY INSPECTIONS, INC. 401(K) PLAN 401k Plan overview

Plan NameNATIONAL QUALITY INSPECTIONS, INC. 401(K) PLAN
Plan identification number 001

NATIONAL QUALITY INSPECTIONS, INC. 401(K) PLAN 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.
  • 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.

401k Sponsoring company profile

NATIONAL QUALITY INSPECTIONS, INC. has sponsored the creation of one or more 401k plans.

Company Name:NATIONAL QUALITY INSPECTIONS, INC.
Employer identification number (EIN):411816003
NAIC Classification:115110

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NATIONAL QUALITY INSPECTIONS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01SHANDA SAWYER2024-07-12 SHANDA SAWYER2024-07-12
0012022-01-01SHANDA SAWYER2023-10-16 SHANDA SAWYER2023-10-16
0012021-01-01NICOLE RAYMOND2022-10-12 NICOLE RAYMOND2022-10-12
0012020-01-01NICOLE RAYMOND2021-08-12 NICOLE RAYMOND2021-08-12
0012019-01-01NICOLE RAYMOND2020-04-21 NICOLE RAYMOND2020-04-21
0012018-01-01NICOLE RAYMOND2019-07-23 NICOLE RAYMOND2019-07-23
0012017-01-01NICOLE RAYMOND2018-10-10 NICOLE RAYMOND2018-10-10
0012016-01-01NICOLE RAYMOND2017-10-12 NICOLE RAYMOND2017-10-12
0012015-01-01NICOLE RAYMOND2016-09-22 NICOLE RAYMOND2016-09-22
0012014-01-01NICOLE RAYMOND2015-07-31
0012013-01-01NICOLE RAYMOND2014-07-14 NICOLE RAYMOND2014-07-14
0012012-01-01NICOLE RAYMOND2013-09-11 NICOLE RAYMOND2013-09-11
0012011-01-01NICOLE RAYMOND2012-07-31
0012010-01-01NICOLE RAYMOND
0012009-01-01NICOLE RAYMOND
0012009-01-01NICOLE RAYMOND

Plan Statistics for NATIONAL QUALITY INSPECTIONS, INC. 401(K) PLAN

401k plan membership statisitcs for NATIONAL QUALITY INSPECTIONS, INC. 401(K) PLAN

Measure Date Value
2010: NATIONAL QUALITY INSPECTIONS, INC. 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0158
Total number of active participants reported on line 7a of the Form 55002010-01-0159
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-011
Total of all active and inactive participants2010-01-0160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0160
Number of participants with account balances2010-01-0119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: NATIONAL QUALITY INSPECTIONS, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0160
Total number of active participants reported on line 7a of the Form 55002009-01-0156
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-0156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0156
Number of participants with account balances2009-01-0119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on NATIONAL QUALITY INSPECTIONS, INC. 401(K) PLAN

Measure Date Value
2010 : NATIONAL QUALITY INSPECTIONS, INC. 401(K) PLAN 2010 401k financial data
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$153,086
Expenses. Total of all expenses incurred2010-12-31$26,054
Benefits paid (including direct rollovers)2010-12-31$22,495
Total plan assets at end of year2010-12-31$659,399
Total plan assets at beginning of year2010-12-31$532,367
Value of fidelity bond covering the plan2010-12-31$70,000
Total contributions received or receivable from participants2010-12-31$57,667
Other income received2010-12-31$56,327
Net income (gross income less expenses)2010-12-31$127,032
Net plan assets at end of year (total assets less liabilities)2010-12-31$659,399
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$532,367
Assets. Value of participant loans2010-12-31$117,483
Total contributions received or receivable from employer(s)2010-12-31$39,092
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$3,559
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : NATIONAL QUALITY INSPECTIONS, INC. 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for NATIONAL QUALITY INSPECTIONS, INC. 401(K) PLAN

2010: NATIONAL QUALITY INSPECTIONS, INC. 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: NATIONAL QUALITY INSPECTIONS, INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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