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NEW HORIZONS 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameNEW HORIZONS 401(K) PROFIT SHARING PLAN
Plan identification number 002

NEW HORIZONS 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined 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
  • 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

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

Company Name:EMORTGAGE, INC.
Employer identification number (EIN):860983256
NAIC Classification:531210
NAIC Description:Offices of Real Estate Agents and Brokers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW HORIZONS 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01HENRY DESPAIN, APA, ERPA, QPA2024-10-11
0022022-01-01HENRY DESPAIN, APA, ERPA, QPA2023-10-12
0022021-01-01HENRY DESPAIN, APA, ERPA, QPA2023-05-18
0022020-01-01SHAWN T. PARKER, CPC, QPA, ERPA2021-10-11
0022019-01-01ALAN GOLD, CPA2020-10-14
0022018-01-01ALAN GOLD, CPA2019-10-15
0022017-01-01
0022016-01-01

Plan Statistics for NEW HORIZONS 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for NEW HORIZONS 401(K) PROFIT SHARING PLAN

Measure Date Value
2023: NEW HORIZONS 401(K) PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-012
Total number of active participants reported on line 7a of the Form 55002023-01-012
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-010
Total of all active and inactive participants2023-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-012
Number of participants with account balances2023-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: NEW HORIZONS 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-012
Total number of active participants reported on line 7a of the Form 55002022-01-012
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-012
Number of participants with account balances2022-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: NEW HORIZONS 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-012
Total number of active participants reported on line 7a of the Form 55002021-01-012
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-012
Number of participants with account balances2021-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: NEW HORIZONS 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-012
Total number of active participants reported on line 7a of the Form 55002020-01-012
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-012
Number of participants with account balances2020-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: NEW HORIZONS 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-012
Total number of active participants reported on line 7a of the Form 55002019-01-012
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-012
Number of participants with account balances2019-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: NEW HORIZONS 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-012
Total number of active participants reported on line 7a of the Form 55002018-01-012
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-012
Number of participants with account balances2018-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: NEW HORIZONS 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-012
Total number of active participants reported on line 7a of the Form 55002017-01-012
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-012
Number of participants with account balances2017-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: NEW HORIZONS 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-012
Total number of active participants reported on line 7a of the Form 55002016-01-012
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010

Financial Data on NEW HORIZONS 401(K) PROFIT SHARING PLAN

Measure Date Value
2023 : NEW HORIZONS 401(K) PROFIT SHARING PLAN 2023 401k financial data
Total income from all sources2023-12-31$3,955,007
Expenses. Total of all expenses incurred2023-12-31$0
Total plan assets at end of year2023-12-31$15,359,650
Total plan assets at beginning of year2023-12-31$11,404,643
Value of fidelity bond covering the plan2023-12-31$800,000
Assets. Value of loans (other than to participants)2023-12-31$14,997,478
Other income received2023-12-31$3,952,707
Net income (gross income less expenses)2023-12-31$3,955,007
Net plan assets at end of year (total assets less liabilities)2023-12-31$15,359,650
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$11,404,643
Assets. Value of assets in partnership/joint-venture interests2023-12-31$3,000
Assets. Value of real-estate (other than employer real property)2023-12-31$15,000
Total contributions received or receivable from employer(s)2023-12-31$2,300
2022 : NEW HORIZONS 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total income from all sources2022-12-31$1,254,001
Expenses. Total of all expenses incurred2022-12-31$0
Total plan assets at end of year2022-12-31$11,404,643
Total plan assets at beginning of year2022-12-31$10,150,642
Value of fidelity bond covering the plan2022-12-31$800,000
Assets. Value of loans (other than to participants)2022-12-31$11,212,048
Other income received2022-12-31$1,251,421
Net income (gross income less expenses)2022-12-31$1,254,001
Net plan assets at end of year (total assets less liabilities)2022-12-31$11,404,643
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$10,150,642
Assets. Value of assets in partnership/joint-venture interests2022-12-31$3,000
Assets. Value of real-estate (other than employer real property)2022-12-31$15,000
Total contributions received or receivable from employer(s)2022-12-31$2,580
2021 : NEW HORIZONS 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources2021-12-31$1,762,804
Expenses. Total of all expenses incurred2021-12-31$0
Total plan assets at end of year2021-12-31$10,150,642
Total plan assets at beginning of year2021-12-31$8,387,838
Value of fidelity bond covering the plan2021-12-31$800,000
Assets. Value of loans (other than to participants)2021-12-31$9,303,374
Other income received2021-12-31$1,760,254
Net income (gross income less expenses)2021-12-31$1,762,804
Net plan assets at end of year (total assets less liabilities)2021-12-31$10,150,642
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$8,387,838
Assets. Value of assets in partnership/joint-venture interests2021-12-31$3,000
Assets. Value of real-estate (other than employer real property)2021-12-31$1,500
Total contributions received or receivable from employer(s)2021-12-31$2,550
2020 : NEW HORIZONS 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources2020-12-31$765,870
Expenses. Total of all expenses incurred2020-12-31$2,712
Total plan assets at end of year2020-12-31$8,387,838
Total plan assets at beginning of year2020-12-31$7,624,680
Value of fidelity bond covering the plan2020-12-31$975,000
Assets. Value of loans (other than to participants)2020-12-31$7,771,974
Other income received2020-12-31$763,570
Net income (gross income less expenses)2020-12-31$763,158
Net plan assets at end of year (total assets less liabilities)2020-12-31$8,387,838
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$7,624,680
Assets. Value of assets in partnership/joint-venture interests2020-12-31$3,000
Assets. Value of real-estate (other than employer real property)2020-12-31$115,000
Total contributions received or receivable from employer(s)2020-12-31$2,300
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$2,712
2019 : NEW HORIZONS 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources2019-12-31$287,403
Expenses. Total of all expenses incurred2019-12-31$654,209
Benefits paid (including direct rollovers)2019-12-31$654,209
Total plan assets at end of year2019-12-31$7,624,680
Total plan assets at beginning of year2019-12-31$7,991,486
Value of fidelity bond covering the plan2019-12-31$975,000
Other income received2019-12-31$285,303
Net income (gross income less expenses)2019-12-31$-366,806
Net plan assets at end of year (total assets less liabilities)2019-12-31$7,624,680
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$7,991,486
Assets. Value of assets in partnership/joint-venture interests2019-12-31$1,500
Assets. Value of real-estate (other than employer real property)2019-12-31$275,000
Total contributions received or receivable from employer(s)2019-12-31$2,100
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : NEW HORIZONS 401(K) PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources2018-12-31$1,694,840
Expenses. Total of all expenses incurred2018-12-31$0
Total plan assets at end of year2018-12-31$7,991,486
Total plan assets at beginning of year2018-12-31$6,296,646
Value of fidelity bond covering the plan2018-12-31$975,000
Total contributions received or receivable from participants2018-12-31$18,000
Other income received2018-12-31$1,674,740
Net income (gross income less expenses)2018-12-31$1,694,840
Net plan assets at end of year (total assets less liabilities)2018-12-31$7,991,486
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$6,296,646
Assets. Value of assets in partnership/joint-venture interests2018-12-31$1,500
Assets. Value of real-estate (other than employer real property)2018-12-31$275,000
Total contributions received or receivable from employer(s)2018-12-31$2,100
2017 : NEW HORIZONS 401(K) PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources2017-12-31$-101,685
Expenses. Total of all expenses incurred2017-12-31$0
Total plan assets at end of year2017-12-31$6,296,646
Total plan assets at beginning of year2017-12-31$6,398,331
Value of fidelity bond covering the plan2017-12-31$975,000
Total contributions received or receivable from participants2017-12-31$18,000
Other income received2017-12-31$-121,685
Net income (gross income less expenses)2017-12-31$-101,685
Net plan assets at end of year (total assets less liabilities)2017-12-31$6,296,646
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$6,398,331
Assets. Value of assets in partnership/joint-venture interests2017-12-31$1,500
Assets. Value of real-estate (other than employer real property)2017-12-31$425,000
Total contributions received or receivable from employer(s)2017-12-31$2,000
2016 : NEW HORIZONS 401(K) PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-12-31$1,749,041
Expenses. Total of all expenses incurred2016-12-31$0
Total plan assets at end of year2016-12-31$6,398,331
Total plan assets at beginning of year2016-12-31$4,649,290
Value of fidelity bond covering the plan2016-12-31$975,000
Total contributions received or receivable from participants2016-12-31$18,000
Other income received2016-12-31$1,729,091
Net income (gross income less expenses)2016-12-31$1,749,041
Net plan assets at end of year (total assets less liabilities)2016-12-31$6,398,331
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$4,649,290
Assets. Value of assets in partnership/joint-venture interests2016-12-31$1,500
Assets. Value of real-estate (other than employer real property)2016-12-31$425,000
Total contributions received or receivable from employer(s)2016-12-31$1,950
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0

Form 5500 Responses for NEW HORIZONS 401(K) PROFIT SHARING PLAN

2023: NEW HORIZONS 401(K) PROFIT SHARING PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: NEW HORIZONS 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: NEW HORIZONS 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedYes
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: NEW HORIZONS 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: NEW HORIZONS 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: NEW HORIZONS 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: NEW HORIZONS 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: NEW HORIZONS 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

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