401k Plan data: VENTURES FOREVER INC. 401(K) PLAN plan

VENTURES FOREVER INC. 401(K) PLAN 401k Plan overview

Plan Name	VENTURES FOREVER INC. 401(K) PLAN
Plan identification number	001

VENTURES FOREVER INC. 401(K) PLAN Benefits

401k Plan Type

Defined 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.
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

VENTURES FOREVER INC. has sponsored the creation of one or more 401k plans.

Company Name: VENTURES FOREVER INC.

Employer identification number (EIN): 273146001

NAIC Classification: 722110
NAIC Description: Full-Service Restaurants

Additional information about VENTURES FOREVER INC.

Jurisdiction of Incorporation: Nevada Department of State

Incorporation Date: 2010-07-29

Company Identification Number: 20101573780

Legal Registered Office Address: 939 MICA DR STE 20

CARSON CITY
United States of America (USA)
89705

More information about VENTURES FOREVER INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VENTURES FOREVER INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-01-01 PAUL SCHMIDT

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2011-01-01	PAUL SCHMIDT

Plan Statistics for VENTURES FOREVER INC. 401(K) PLAN

401k plan membership statisitcs for VENTURES FOREVER INC. 401(K) PLAN

Measure Date Value
2011: VENTURES FOREVER INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 1
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 0
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 0
Total of all active and inactive participants 2011-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 0
Number of participants with account balances 2011-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0

Measure	Date	Value
2011: VENTURES FOREVER INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	1
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	0
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	0
Total of all active and inactive participants	2011-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	0
Number of participants with account balances	2011-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0

Financial Data on VENTURES FOREVER INC. 401(K) PLAN

Measure	Date	Value
2011 : VENTURES FOREVER INC. 401(K) PLAN 2011 401k financial data
Transfers to/from the plan	2011-10-31	$0
Total plan liabilities at end of year	2011-10-31	$0
Total plan liabilities at beginning of year	2011-10-31	$0
Total income from all sources	2011-10-31	$-95,194
Expenses. Total of all expenses incurred	2011-10-31	$0
Benefits paid (including direct rollovers)	2011-10-31	$0
Total plan assets at end of year	2011-10-31	$0
Total plan assets at beginning of year	2011-10-31	$95,194
Total contributions received or receivable from participants	2011-10-31	$0
Expenses. Other expenses not covered elsewhere	2011-10-31	$0
Contributions received from other sources (not participants or employers)	2011-10-31	$0
Other income received	2011-10-31	$-95,194
Noncash contributions received	2011-10-31	$0
Net income (gross income less expenses)	2011-10-31	$-95,194
Net plan assets at end of year (total assets less liabilities)	2011-10-31	$0
Net plan assets at beginning of year (total assets less liabilities)	2011-10-31	$95,194
Assets. Value of employer securities	2011-10-31	$0
Total contributions received or receivable from employer(s)	2011-10-31	$0
Value of certain deemed distributions of participant loans	2011-10-31	$0
Value of corrective distributions	2011-10-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2011-10-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-10-31	$0
2010 : VENTURES FOREVER INC. 401(K) PLAN 2010 401k financial data
Transfers to/from the plan	2010-12-31	$0
Total plan liabilities at end of year	2010-12-31	$0
Total plan liabilities at beginning of year	2010-12-31	$0
Total income from all sources	2010-12-31	$95,194
Expenses. Total of all expenses incurred	2010-12-31	$0
Benefits paid (including direct rollovers)	2010-12-31	$0
Total plan assets at end of year	2010-12-31	$95,194
Total plan assets at beginning of year	2010-12-31	$0
Total contributions received or receivable from participants	2010-12-31	$0
Expenses. Other expenses not covered elsewhere	2010-12-31	$0
Contributions received from other sources (not participants or employers)	2010-12-31	$100,039
Other income received	2010-12-31	$-4,845
Noncash contributions received	2010-12-31	$0
Net income (gross income less expenses)	2010-12-31	$95,194
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$95,194
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$0
Assets. Value of employer securities	2010-12-31	$95,194
Total contributions received or receivable from employer(s)	2010-12-31	$0
Value of certain deemed distributions of participant loans	2010-12-31	$0
Value of corrective distributions	2010-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$0

Form 5500 Responses for VENTURES FOREVER INC. 401(K) PLAN

2011: VENTURES FOREVER INC. 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	Yes
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	VENTURES FOREVER INC.
Employer identification number (EIN):	273146001
NAIC Classification:	722110
NAIC Description:	Full-Service Restaurants

Jurisdiction of Incorporation:	Nevada Department of State
Incorporation Date:	2010-07-29
Company Identification Number:	20101573780
Legal Registered Office Address:	939 MICA DR STE 20 CARSON CITY United States of America (USA) 89705