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AFFORDABLE HOME BUSINESS OPTIONS, INC. 401(K) PLAN 401k Plan overview

Plan NameAFFORDABLE HOME BUSINESS OPTIONS, INC. 401(K) PLAN
Plan identification number 001

AFFORDABLE HOME BUSINESS OPTIONS, 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

AFFORDABLE HOME BUSINESS OPTIONS, INC. has sponsored the creation of one or more 401k plans.

Company Name:AFFORDABLE HOME BUSINESS OPTIONS, INC.
Employer identification number (EIN):824756567
NAIC Classification:541910
NAIC Description:Marketing Research and Public Opinion Polling

Additional information about AFFORDABLE HOME BUSINESS OPTIONS, INC.

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 2018-03-08
Company Identification Number: 5300231
Legal Registered Office Address: 118 WHITE HOUSE RD
Otsego
HARTWICK
United States of America (USA)
13348

More information about AFFORDABLE HOME BUSINESS OPTIONS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AFFORDABLE HOME BUSINESS OPTIONS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-03-09

Plan Statistics for AFFORDABLE HOME BUSINESS OPTIONS, INC. 401(K) PLAN

401k plan membership statisitcs for AFFORDABLE HOME BUSINESS OPTIONS, INC. 401(K) PLAN

Measure Date Value
2018: AFFORDABLE HOME BUSINESS OPTIONS, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-03-090
Total number of active participants reported on line 7a of the Form 55002018-03-090
Number of retired or separated participants receiving benefits2018-03-090
Number of other retired or separated participants entitled to future benefits2018-03-090
Total of all active and inactive participants2018-03-090
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-03-090
Total participants2018-03-090
Number of participants with account balances2018-03-090
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-03-090

Financial Data on AFFORDABLE HOME BUSINESS OPTIONS, INC. 401(K) PLAN

Measure Date Value
2018 : AFFORDABLE HOME BUSINESS OPTIONS, INC. 401(K) PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$4
Expenses. Total of all expenses incurred2018-12-31$4
Benefits paid (including direct rollovers)2018-12-31$4
Total plan assets at end of year2018-12-31$0
Total plan assets at beginning of year2018-12-31$0
Total contributions received or receivable from participants2018-12-31$0
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$103,640
Other income received2018-12-31$-103,636
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$0
Net plan assets at end of year (total assets less liabilities)2018-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$0
Assets. Value of employer securities2018-12-31$0
Total contributions received or receivable from employer(s)2018-12-31$0
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0

Form 5500 Responses for AFFORDABLE HOME BUSINESS OPTIONS, INC. 401(K) PLAN

2018: AFFORDABLE HOME BUSINESS OPTIONS, INC. 401(K) PLAN 2018 form 5500 responses
2018-03-09Type of plan entitySingle employer plan
2018-03-09First time form 5500 has been submittedYes
2018-03-09Submission has been amendedNo
2018-03-09This submission is the final filingYes
2018-03-09This return/report is a short plan year return/report (less than 12 months)Yes
2018-03-09Plan is a collectively bargained planNo
2018-03-09Plan funding arrangement – TrustYes
2018-03-09Plan benefit arrangement - TrustYes

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