401k Plan data: VESTAR DEVELOPMENT CO. 401(K) PLAN plan

VESTAR DEVELOPMENT CO. 401(K) PLAN 401k Plan overview

Plan Name	VESTAR DEVELOPMENT CO. 401(K) PLAN
Plan identification number	001

VESTAR DEVELOPMENT CO. 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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

VESTAR DEVELOPMENT CO. has sponsored the creation of one or more 401k plans.

Company Name: VESTAR DEVELOPMENT CO.

Employer identification number (EIN): 860641276

NAIC Classification: 531310

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VESTAR DEVELOPMENT CO. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2020-01-01
001 2019-01-01
001 2019-01-01
001 2018-01-01

Plan Statistics for VESTAR DEVELOPMENT CO. 401(K) PLAN

401k plan membership statisitcs for VESTAR DEVELOPMENT CO. 401(K) PLAN

Measure Date Value
2020: VESTAR DEVELOPMENT CO. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 164
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 56
Total of all active and inactive participants 2020-01-01 174
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 174
Number of participants with account balances 2020-01-01 167
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: VESTAR DEVELOPMENT CO. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 129
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 117
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 40
Total of all active and inactive participants 2019-01-01 157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 157
Number of participants with account balances 2019-01-01 147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: VESTAR DEVELOPMENT CO. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 130
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 122
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 16
Total of all active and inactive participants 2018-01-01 138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 138
Number of participants with account balances 2018-01-01 108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0

Measure	Date	Value
2020: VESTAR DEVELOPMENT CO. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	164
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	56
Total of all active and inactive participants	2020-01-01	174
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	174
Number of participants with account balances	2020-01-01	167
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: VESTAR DEVELOPMENT CO. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	129
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	117
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	40
Total of all active and inactive participants	2019-01-01	157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	157
Number of participants with account balances	2019-01-01	147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: VESTAR DEVELOPMENT CO. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	130
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	122
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	16
Total of all active and inactive participants	2018-01-01	138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	138
Number of participants with account balances	2018-01-01	108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0

Financial Data on VESTAR DEVELOPMENT CO. 401(K) PLAN

Measure	Date	Value
2020 : VESTAR DEVELOPMENT CO. 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total transfer of assets to this plan	2020-12-31	$0
Total transfer of assets from this plan	2020-12-31	$0
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	$3,499,471
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$956,740
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$923,273
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,255,865
Value of total assets at end of year	2020-12-31	$15,493,457
Value of total assets at beginning of year	2020-12-31	$12,950,726
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$33,467
Total interest from all sources	2020-12-31	$3,573
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$371,329
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	$371,329
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	No
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
Contributions received from participants	2020-12-31	$928,780
Participant contributions at end of year	2020-12-31	$210,876
Participant contributions at beginning of year	2020-12-31	$55,386
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$135,850
Administrative expenses (other) incurred	2020-12-31	$33,467
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	$2,542,731
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$15,493,457
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$12,950,726
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
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$15,282,581
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$12,895,340
Interest on participant loans	2020-12-31	$3,573
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$1,868,704
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	No
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	$191,235
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$923,273
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
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	TULL, FORSBERG & OLSON, PLC
Accountancy firm EIN	2020-12-31	860130568
2019 : VESTAR DEVELOPMENT CO. 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total transfer of assets from this plan	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$3,156,417
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$138,862
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$116,603
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$840,148
Value of total assets at end of year	2019-12-31	$12,950,726
Value of total assets at beginning of year	2019-12-31	$9,933,171
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$22,259
Total interest from all sources	2019-12-31	$4,029
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$633,456
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$633,456
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$821,746
Participant contributions at end of year	2019-12-31	$55,386
Participant contributions at beginning of year	2019-12-31	$72,900
Participant contributions at beginning of year	2019-12-31	$22,012
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$18,402
Other income not declared elsewhere	2019-12-31	$106
Administrative expenses (other) incurred	2019-12-31	$22,259
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$3,017,555
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$12,950,726
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$9,933,171
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$12,895,340
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$9,677,070
Interest on participant loans	2019-12-31	$4,029
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$1,678,678
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Employer contributions (assets) at beginning of year	2019-12-31	$161,189
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$116,603
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	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	TULL, FORSBERG & OLSON, PLC
Accountancy firm EIN	2019-12-31	860130568
2018 : VESTAR DEVELOPMENT CO. 401(K) PLAN 2018 401k financial data
Unrealized appreciation/depreciation of real estate assets	2018-12-31	$-7,219
Total unrealized appreciation/depreciation of assets	2018-12-31	$-7,219
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$342,127
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$2,826,778
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$2,817,148
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$967,760
Value of total assets at end of year	2018-12-31	$9,933,171
Value of total assets at beginning of year	2018-12-31	$12,417,822
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$9,630
Total interest from all sources	2018-12-31	$4,034
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$109,740
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$109,740
Assets. Real estate other than employer real property at beginning of year	2018-12-31	$26,444
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2018-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$735,756
Participant contributions at end of year	2018-12-31	$72,900
Participant contributions at beginning of year	2018-12-31	$92,184
Participant contributions at end of year	2018-12-31	$22,012
Assets. Other investments not covered elsewhere at beginning of year	2018-12-31	$835,857
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$70,815
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-2,484,651
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$9,933,171
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$12,417,822
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Investment advisory and management fees	2018-12-31	$8,422
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$9,677,070
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$11,291,776
Interest on participant loans	2018-12-31	$4,034
Income. Interest from loans (other than to participants)	2018-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-732,188
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$161,189
Employer contributions (assets) at end of year	2018-12-31	$161,189
Employer contributions (assets) at beginning of year	2018-12-31	$171,561
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$2,817,148
Contract administrator fees	2018-12-31	$1,208
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	2018-12-31	Yes
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	TULL, FORSBERG & OLSON PLC
Accountancy firm EIN	2018-12-31	860130568

Form 5500 Responses for VESTAR DEVELOPMENT CO. 401(K) PLAN

2020: VESTAR DEVELOPMENT CO. 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
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 – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: VESTAR DEVELOPMENT CO. 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: VESTAR DEVELOPMENT CO. 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	VESTAR DEVELOPMENT CO.
Employer identification number (EIN):	860641276
NAIC Classification:	531310