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HOMESLEY DESIGN 401(K) PLAN 401k Plan overview

Plan NameHOMESLEY DESIGN 401(K) PLAN
Plan identification number 002

HOMESLEY DESIGN 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • 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.
  • 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

HOMESLEY DESIGN STUDIO INC. has sponsored the creation of one or more 401k plans.

Company Name:HOMESLEY DESIGN STUDIO INC.
Employer identification number (EIN):264058492
NAIC Classification:541400

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01JOHN HOMESLEY
0022016-01-01JOHN HOMESLEY

Plan Statistics for HOMESLEY DESIGN 401(K) PLAN

401k plan membership statisitcs for HOMESLEY DESIGN 401(K) PLAN

Measure Date Value
2017: HOMESLEY DESIGN 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-013
Total number of active participants reported on line 7a of the Form 55002017-01-013
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 participants2017-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-013
Number of participants with account balances2017-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: HOMESLEY DESIGN 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-013
Total number of active participants reported on line 7a of the Form 55002016-01-013
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 participants2016-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-013
Number of participants with account balances2016-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010

Financial Data on HOMESLEY DESIGN 401(K) PLAN

Measure Date Value
2017 : HOMESLEY DESIGN 401(K) PLAN 2017 401k financial data
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$301,884
Expenses. Total of all expenses incurred2017-12-31$34
Total plan assets at end of year2017-12-31$895,496
Total plan assets at beginning of year2017-12-31$593,646
Total contributions received or receivable from participants2017-12-31$36,000
Expenses. Other expenses not covered elsewhere2017-12-31$34
Contributions received from other sources (not participants or employers)2017-12-31$146,290
Other income received2017-12-31$99,765
Net income (gross income less expenses)2017-12-31$301,850
Net plan assets at end of year (total assets less liabilities)2017-12-31$895,496
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$593,646
Assets. Value of real-estate (other than employer real property)2017-12-31$50,000
Total contributions received or receivable from employer(s)2017-12-31$19,829
2016 : HOMESLEY DESIGN 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$150,761
Expenses. Total of all expenses incurred2016-12-31$4,238
Total plan assets at end of year2016-12-31$593,646
Total plan assets at beginning of year2016-12-31$447,123
Total contributions received or receivable from participants2016-12-31$35,600
Expenses. Other expenses not covered elsewhere2016-12-31$4,225
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$67,628
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$146,523
Net plan assets at end of year (total assets less liabilities)2016-12-31$593,646
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$447,123
Assets. Value of real-estate (other than employer real property)2016-12-31$50,000
Total contributions received or receivable from employer(s)2016-12-31$47,533
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$13
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 HOMESLEY DESIGN 401(K) PLAN

2017: HOMESLEY DESIGN 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: HOMESLEY DESIGN 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

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