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FARE 401(K) PLAN 401k Plan overview

Plan NameFARE 401(K) PLAN
Plan identification number 002

FARE 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

FOOD ALLERGY RESEARCH EDUCATION, INC. DBA FARE has sponsored the creation of one or more 401k plans.

Company Name:FOOD ALLERGY RESEARCH EDUCATION, INC. DBA FARE
Employer identification number (EIN):133905508
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FARE 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01DEB MORRISON2024-06-21
0022022-01-01DEB MORRISON2023-10-16
0022021-01-01CAMELIA SIGUINEAU COLIN2022-06-30
0022020-01-01CAMELIA SIGUINEAU COLIN2021-06-30
0022019-01-01
0022018-01-01
0022017-01-01DOMINIQUE RODRIGUEZ-SAWYER
0022016-01-01LANNY B BROMFIELD
0022015-01-01LANNY B BROMFIELD
0022014-01-01LANNY B BROMFIELD
0022013-01-01LANNY B BROMFIELD

Plan Statistics for FARE 401(K) PLAN

401k plan membership statisitcs for FARE 401(K) PLAN

Measure Date Value
2019: FARE 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0172
Total number of active participants reported on line 7a of the Form 55002019-01-0138
Number of other retired or separated participants entitled to future benefits2019-01-0141
Total of all active and inactive participants2019-01-0179
Total participants2019-01-0179
Number of participants with account balances2019-01-0178
2018: FARE 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0180
Total number of active participants reported on line 7a of the Form 55002018-01-0132
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0140
Total of all active and inactive participants2018-01-0172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0172
Number of participants with account balances2018-01-0172
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: FARE 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0192
Total number of active participants reported on line 7a of the Form 55002017-01-0152
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0128
Total of all active and inactive participants2017-01-0180
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0180
Number of participants with account balances2017-01-0180
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: FARE 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0159
Total number of active participants reported on line 7a of the Form 55002016-01-0148
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0144
Total of all active and inactive participants2016-01-0192
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0192
Number of participants with account balances2016-01-0191
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: FARE 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0171
Total number of active participants reported on line 7a of the Form 55002015-01-0140
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0119
Total of all active and inactive participants2015-01-0159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0159
Number of participants with account balances2015-01-0156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: FARE 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0149
Total number of active participants reported on line 7a of the Form 55002014-01-0146
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0125
Total of all active and inactive participants2014-01-0171
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0171
Number of participants with account balances2014-01-0171
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: FARE 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0145
Total number of active participants reported on line 7a of the Form 55002013-01-0148
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-011
Total of all active and inactive participants2013-01-0149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0149
Number of participants with account balances2013-01-0140
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010

Financial Data on FARE 401(K) PLAN

Measure Date Value
2019 : FARE 401(K) PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$1,071,950
Expenses. Total of all expenses incurred2019-12-31$402,377
Benefits paid (including direct rollovers)2019-12-31$390,325
Total plan assets at end of year2019-12-31$3,660,123
Total plan assets at beginning of year2019-12-31$2,990,550
Value of fidelity bond covering the plan2019-12-31$500,000
Total contributions received or receivable from participants2019-12-31$252,686
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$51,385
Other income received2019-12-31$608,564
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$669,573
Net plan assets at end of year (total assets less liabilities)2019-12-31$3,660,123
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$2,990,550
Assets. Value of participant loans2019-12-31$15,070
Total contributions received or receivable from employer(s)2019-12-31$159,315
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$12,052
2018 : FARE 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$426,003
Expenses. Total of all expenses incurred2018-12-31$507,845
Benefits paid (including direct rollovers)2018-12-31$492,971
Total plan assets at end of year2018-12-31$2,990,550
Total plan assets at beginning of year2018-12-31$3,072,392
Value of fidelity bond covering the plan2018-12-31$500,000
Total contributions received or receivable from participants2018-12-31$343,783
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$24,183
Other income received2018-12-31$-142,391
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-81,842
Net plan assets at end of year (total assets less liabilities)2018-12-31$2,990,550
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$3,072,392
Assets. Value of participant loans2018-12-31$27,582
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022018-12-31$0
Total contributions received or receivable from employer(s)2018-12-31$200,428
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$14,874
2017 : FARE 401(K) PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$934,674
Expenses. Total of all expenses incurred2017-12-31$187,353
Benefits paid (including direct rollovers)2017-12-31$177,939
Total plan assets at end of year2017-12-31$3,072,392
Total plan assets at beginning of year2017-12-31$2,325,071
Value of fidelity bond covering the plan2017-12-31$265,000
Assets. Value of tangible personal property2017-12-31$0
Total contributions received or receivable from participants2017-12-31$354,109
Assets. Value of loans (other than to participants)2017-12-31$0
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$429,314
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$747,321
Net plan assets at end of year (total assets less liabilities)2017-12-31$3,072,392
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$2,325,071
Assets. Value of participant loans2017-12-31$64,841
Assets. Value of assets in partnership/joint-venture interests2017-12-31$0
Assets. Value of real-estate (other than employer real property)2017-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022017-12-31$0
Assets. Value of employer securities2017-12-31$0
Assets. Value of employer real property2017-12-31$0
Total contributions received or receivable from employer(s)2017-12-31$151,251
Value of certain deemed distributions of participant loans2017-12-31$-3,967
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$13,381
2016 : FARE 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$595,061
Expenses. Total of all expenses incurred2016-12-31$236,125
Benefits paid (including direct rollovers)2016-12-31$221,286
Total plan assets at end of year2016-12-31$2,325,071
Total plan assets at beginning of year2016-12-31$1,966,135
Value of fidelity bond covering the plan2016-12-31$265,000
Total contributions received or receivable from participants2016-12-31$275,376
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$28,587
Other income received2016-12-31$151,638
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$358,936
Net plan assets at end of year (total assets less liabilities)2016-12-31$2,325,071
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,966,135
Assets. Value of participant loans2016-12-31$11,740
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022016-12-31$0
Total contributions received or receivable from employer(s)2016-12-31$139,460
Value of certain deemed distributions of participant loans2016-12-31$3,852
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$10,987
2015 : FARE 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$726,305
Expenses. Total of all expenses incurred2015-12-31$554,706
Benefits paid (including direct rollovers)2015-12-31$550,343
Total plan assets at end of year2015-12-31$1,966,135
Total plan assets at beginning of year2015-12-31$1,794,536
Value of fidelity bond covering the plan2015-12-31$265,000
Total contributions received or receivable from participants2015-12-31$295,896
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$318,191
Other income received2015-12-31$-17,203
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$171,599
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,966,135
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,794,536
Assets. Value of participant loans2015-12-31$19,060
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022015-12-31$0
Total contributions received or receivable from employer(s)2015-12-31$129,421
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$4,363
2014 : FARE 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$677,279
Expenses. Total of all expenses incurred2014-12-31$118,356
Benefits paid (including direct rollovers)2014-12-31$115,231
Total plan assets at end of year2014-12-31$1,794,536
Total plan assets at beginning of year2014-12-31$1,235,613
Value of fidelity bond covering the plan2014-12-31$265,000
Total contributions received or receivable from participants2014-12-31$318,897
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$122,917
Other income received2014-12-31$74,614
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$558,923
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,794,536
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,235,613
Assets. Value of participant loans2014-12-31$28,955
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022014-12-31$63,389
Total contributions received or receivable from employer(s)2014-12-31$160,851
Value of certain deemed distributions of participant loans2014-12-31$-664
Value of corrective distributions2014-12-31$1,351
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$2,438
2013 : FARE 401(K) PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$508,338
Expenses. Total of all expenses incurred2013-12-31$187,713
Benefits paid (including direct rollovers)2013-12-31$172,084
Total plan assets at end of year2013-12-31$1,235,613
Total plan assets at beginning of year2013-12-31$914,988
Value of fidelity bond covering the plan2013-12-31$100,000
Total contributions received or receivable from participants2013-12-31$155,685
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$199,694
Other income received2013-12-31$89,921
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$320,625
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,235,613
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$914,988
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022013-12-31$63,389
Total contributions received or receivable from employer(s)2013-12-31$63,038
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$11,954
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$3,675

Form 5500 Responses for FARE 401(K) PLAN

2019: FARE 401(K) 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: FARE 401(K) 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: FARE 401(K) 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
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: FARE 401(K) 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
2015: FARE 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: FARE 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: FARE 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedYes
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes

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