401k Plan data: NOORANI TRADING COMPANY INC PROFIT SHARING PLAN plan

NOORANI TRADING COMPANY INC PROFIT SHARING PLAN 401k Plan overview

Plan Name	NOORANI TRADING COMPANY INC PROFIT SHARING PLAN
Plan identification number	001

NOORANI TRADING COMPANY INC PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
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
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.
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

NOORANI TRADING COMPANY INC has sponsored the creation of one or more 401k plans.

Company Name: NOORANI TRADING COMPANY INC

Employer identification number (EIN): 161730006

NAIC Classification: 424990
NAIC Description: Other Miscellaneous Nondurable Goods Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NOORANI TRADING COMPANY INC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 NADIA CHANGANI 2024-06-13
001 2022-01-01 NADIA CHANGANI 2023-10-03 NADIA CHANGANI 2023-10-03
001 2021-01-01 NADIA CHANGANI 2022-06-16
001 2020-01-01 NADIA CHANGANI 2021-09-15 NADIA CHANGANI 2021-09-15
001 2019-01-01 NADI CHANGANI 2020-05-13
001 2018-01-01 NADI CHANGANI 2019-06-11 NADIA CHANGANI 2019-06-11
001 2017-01-01 NADIA CHANGANI 2018-10-15 NADIA CHANGANI 2018-10-15
001 2017-01-01 NADI CHANGANI 2018-10-09
001 2016-01-01 NADIA CHANGANI 2017-09-25 NADIA CHANGANI 2017-09-25
001 2016-01-01 NADIA CHANGANI 2017-07-26 NADIA CHANGANI 2017-07-26
001 2015-01-01 NADIA CHANGANI 2016-10-17
001 2015-01-01 NADIA CHANGANI 2016-10-11 NADIA CHANGANI 2016-10-11
001 2014-01-01 NADIA CHANGANI 2015-07-28
001 2013-01-01 NADIA CHANGANI 2014-09-18

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01	NADIA CHANGANI	2024-06-13
001	2022-01-01	NADIA CHANGANI	2023-10-03	NADIA CHANGANI	2023-10-03
001	2021-01-01	NADIA CHANGANI	2022-06-16
001	2020-01-01	NADIA CHANGANI	2021-09-15	NADIA CHANGANI	2021-09-15
001	2019-01-01	NADI CHANGANI	2020-05-13
001	2018-01-01	NADI CHANGANI	2019-06-11	NADIA CHANGANI	2019-06-11
001	2017-01-01	NADIA CHANGANI	2018-10-15	NADIA CHANGANI	2018-10-15
001	2017-01-01	NADI CHANGANI	2018-10-09
001	2016-01-01	NADIA CHANGANI	2017-09-25	NADIA CHANGANI	2017-09-25
001	2016-01-01	NADIA CHANGANI	2017-07-26	NADIA CHANGANI	2017-07-26
001	2015-01-01	NADIA CHANGANI	2016-10-17
001	2015-01-01	NADIA CHANGANI	2016-10-11	NADIA CHANGANI	2016-10-11
001	2014-01-01	NADIA CHANGANI	2015-07-28
001	2013-01-01	NADIA CHANGANI	2014-09-18

Plan Statistics for NOORANI TRADING COMPANY INC PROFIT SHARING PLAN

401k plan membership statisitcs for NOORANI TRADING COMPANY INC PROFIT SHARING PLAN

Measure Date Value
2017: NOORANI TRADING COMPANY INC PROFIT SHARING PLAN 2017 401k membership
Market value of plan assets 2017-12-31 782,266
Acturial value of plan assets 2017-12-31 782,266
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 1
Fundng target for terminated vested participants 2017-12-31 1,301
Active participant vested funding target 2017-12-31 80,982
Number of active participants 2017-12-31 5
Total funding liabilities for active participants 2017-12-31 352,861
Total participant count 2017-12-31 6
Total funding target for all participants 2017-12-31 354,162
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 0
Present value of excess contributions 2017-12-31 365,239
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 388,030
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 0
Total employer contributions 2017-12-31 246,063
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 228,147
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 121,215
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 0
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 228,147
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: NOORANI TRADING COMPANY INC PROFIT SHARING PLAN 2016 401k membership
Market value of plan assets 2016-12-31 391,260
Acturial value of plan assets 2016-12-31 391,260
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 0
Fundng target for terminated vested participants 2016-12-31 0
Active participant vested funding target 2016-12-31 0
Number of active participants 2016-12-31 7
Total funding liabilities for active participants 2016-12-31 206,300
Total participant count 2016-12-31 7
Total funding target for all participants 2016-12-31 206,300
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 293,828
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 312,398
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 0
Total employer contributions 2016-12-31 394,519
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 365,239
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 164,304
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Waived amount of outstanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 365,239
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2017: NOORANI TRADING COMPANY INC PROFIT SHARING PLAN 2017 401k membership
Market value of plan assets	2017-12-31	782,266
Acturial value of plan assets	2017-12-31	782,266
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	1
Fundng target for terminated vested participants	2017-12-31	1,301
Active participant vested funding target	2017-12-31	80,982
Number of active participants	2017-12-31	5
Total funding liabilities for active participants	2017-12-31	352,861
Total participant count	2017-12-31	6
Total funding target for all participants	2017-12-31	354,162
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	365,239
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	388,030
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	0
Total employer contributions	2017-12-31	246,063
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	228,147
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	121,215
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	0
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	228,147
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: NOORANI TRADING COMPANY INC PROFIT SHARING PLAN 2016 401k membership
Market value of plan assets	2016-12-31	391,260
Acturial value of plan assets	2016-12-31	391,260
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	0
Fundng target for terminated vested participants	2016-12-31	0
Active participant vested funding target	2016-12-31	0
Number of active participants	2016-12-31	7
Total funding liabilities for active participants	2016-12-31	206,300
Total participant count	2016-12-31	7
Total funding target for all participants	2016-12-31	206,300
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	293,828
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	312,398
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	394,519
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	365,239
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	164,304
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	365,239
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	NOORANI TRADING COMPANY INC
Employer identification number (EIN):	161730006
NAIC Classification:	424990
NAIC Description:	Other Miscellaneous Nondurable Goods Merchant Wholesalers