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FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameFRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN
Plan identification number 001

FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

FRIDAY ISLAND ENTERPRISES INC. has sponsored the creation of one or more 401k plans.

Company Name:FRIDAY ISLAND ENTERPRISES INC.
Employer identification number (EIN):320320131
NAIC Classification:562000

Additional information about FRIDAY ISLAND ENTERPRISES INC.

Jurisdiction of Incorporation: Tennessee Secretary of State Division of Business Services
Incorporation Date:
Company Identification Number: 000641708

More information about FRIDAY ISLAND ENTERPRISES INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01FRED LEE FRIDAY
0012016-01-01FRED LEE FRIDAY
0012015-01-01FRED LEE FRIDAY
0012014-01-01FRED LEE FRIDAY
0012013-01-01FRED LEE FRIDAY
0012012-01-01FRED LEE FRIDAY
0012011-01-01FRED LEE FRIDAY

Plan Statistics for FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN

401k plan membership statisitcs for FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN

Measure Date Value
2021: FRIDAY ISLAND ENTERPRISES INC. 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 55002021-01-010
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 participants2021-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-010
Number of participants with account balances2021-01-010
2020: FRIDAY ISLAND ENTERPRISES INC. 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 balances2020-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: FRIDAY ISLAND ENTERPRISES INC. 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 balances2019-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-011
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 balances2018-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: FRIDAY ISLAND ENTERPRISES INC. 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 55002017-01-011
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 participants2017-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-011
Number of participants with account balances2017-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-013
Total number of active participants reported on line 7a of the Form 55002016-01-011
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 participants2016-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-011
Number of participants with account balances2016-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-015
Total number of active participants reported on line 7a of the Form 55002015-01-013
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-013
Number of participants with account balances2015-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-012
Total number of active participants reported on line 7a of the Form 55002014-01-012
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-012
Number of participants with account balances2014-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-013
Total number of active participants reported on line 7a of the Form 55002013-01-012
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-012
Number of participants with account balances2013-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-012
Total number of active participants reported on line 7a of the Form 55002012-01-013
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-013
Number of participants with account balances2012-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-011
Total number of active participants reported on line 7a of the Form 55002011-01-011
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-011
Number of participants with account balances2011-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010

Financial Data on FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN

Measure Date Value
2021 : FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources2021-02-28$-5,387
Expenses. Total of all expenses incurred2021-02-28$121,786
Benefits paid (including direct rollovers)2021-02-28$121,786
Total plan assets at end of year2021-02-28$0
Total plan assets at beginning of year2021-02-28$127,173
Other income received2021-02-28$-5,387
Net income (gross income less expenses)2021-02-28$-127,173
Net plan assets at end of year (total assets less liabilities)2021-02-28$0
Net plan assets at beginning of year (total assets less liabilities)2021-02-28$127,173
Assets. Value of employer securities2021-02-28$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-02-28$0
2020 : FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources2020-12-31$34,841
Expenses. Total of all expenses incurred2020-12-31$0
Total plan assets at end of year2020-12-31$127,173
Total plan assets at beginning of year2020-12-31$92,332
Value of fidelity bond covering the plan2020-12-31$50,000
Other income received2020-12-31$34,841
Net income (gross income less expenses)2020-12-31$34,841
Net plan assets at end of year (total assets less liabilities)2020-12-31$127,173
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$92,332
Assets. Value of employer securities2020-12-31$127,173
2019 : FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources2019-12-31$-436,068
Expenses. Total of all expenses incurred2019-12-31$0
Total plan assets at end of year2019-12-31$92,332
Total plan assets at beginning of year2019-12-31$528,400
Value of fidelity bond covering the plan2019-12-31$50,000
Other income received2019-12-31$-436,068
Net income (gross income less expenses)2019-12-31$-436,068
Net plan assets at end of year (total assets less liabilities)2019-12-31$92,332
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$528,400
Assets. Value of employer securities2019-12-31$92,332
2018 : FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources2018-12-31$38,332
Expenses. Total of all expenses incurred2018-12-31$0
Benefits paid (including direct rollovers)2018-12-31$0
Total plan assets at end of year2018-12-31$528,400
Total plan assets at beginning of year2018-12-31$490,068
Value of fidelity bond covering the plan2018-12-31$50,000
Total contributions received or receivable from participants2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$38,332
Net income (gross income less expenses)2018-12-31$38,332
Net plan assets at end of year (total assets less liabilities)2018-12-31$528,400
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$490,068
Assets. Value of employer securities2018-12-31$528,400
Total contributions received or receivable from employer(s)2018-12-31$0
Value of certain deemed distributions of participant loans2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$0
2017 : FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources2017-12-31$149,071
Expenses. Total of all expenses incurred2017-12-31$0
Benefits paid (including direct rollovers)2017-12-31$0
Total plan assets at end of year2017-12-31$490,068
Total plan assets at beginning of year2017-12-31$340,997
Total contributions received or receivable from participants2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$149,071
Net income (gross income less expenses)2017-12-31$149,071
Net plan assets at end of year (total assets less liabilities)2017-12-31$490,068
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$340,997
Assets. Value of employer securities2017-12-31$490,068
Total contributions received or receivable from employer(s)2017-12-31$0
Value of certain deemed distributions of participant loans2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$0
2016 : FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-12-31$60,713
Expenses. Total of all expenses incurred2016-12-31$0
Benefits paid (including direct rollovers)2016-12-31$0
Total plan assets at end of year2016-12-31$340,997
Total plan assets at beginning of year2016-12-31$280,284
Value of fidelity bond covering the plan2016-12-31$10,000
Total contributions received or receivable from participants2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$60,713
Net income (gross income less expenses)2016-12-31$60,713
Net plan assets at end of year (total assets less liabilities)2016-12-31$340,997
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$280,284
Assets. Value of employer securities2016-12-31$340,997
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$0
2015 : FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-12-31$113,581
Expenses. Total of all expenses incurred2015-12-31$0
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$280,284
Total plan assets at beginning of year2015-12-31$166,703
Value of fidelity bond covering the plan2015-12-31$25,000
Total contributions received or receivable from participants2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$113,581
Net income (gross income less expenses)2015-12-31$113,581
Net plan assets at end of year (total assets less liabilities)2015-12-31$280,284
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$166,703
Assets. Value of employer securities2015-12-31$280,284
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$0
2014 : FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$-25,256
Expenses. Total of all expenses incurred2014-12-31$0
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$166,703
Total plan assets at beginning of year2014-12-31$191,959
Value of fidelity bond covering the plan2014-12-31$25,000
Total contributions received or receivable from participants2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$-25,256
Net income (gross income less expenses)2014-12-31$-25,256
Net plan assets at end of year (total assets less liabilities)2014-12-31$166,703
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$191,959
Assets. Value of employer securities2014-12-31$166,703
Total contributions received or receivable from employer(s)2014-12-31$0
Value of certain deemed distributions of participant loans2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$0
2013 : FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$14,397
Expenses. Total of all expenses incurred2013-12-31$0
Benefits paid (including direct rollovers)2013-12-31$0
Total plan assets at end of year2013-12-31$191,959
Total plan assets at beginning of year2013-12-31$177,562
Value of fidelity bond covering the plan2013-12-31$25,000
Total contributions received or receivable from participants2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$14,397
Net income (gross income less expenses)2013-12-31$14,397
Net plan assets at end of year (total assets less liabilities)2013-12-31$191,959
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$177,562
Assets. Value of employer securities2013-12-31$191,959
Total contributions received or receivable from employer(s)2013-12-31$0
Value of certain deemed distributions of participant loans2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$0
2012 : FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$43,191
Expenses. Total of all expenses incurred2012-12-31$0
Benefits paid (including direct rollovers)2012-12-31$0
Total plan assets at end of year2012-12-31$177,562
Total plan assets at beginning of year2012-12-31$134,371
Value of fidelity bond covering the plan2012-12-31$25,000
Total contributions received or receivable from participants2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$43,191
Net income (gross income less expenses)2012-12-31$43,191
Net plan assets at end of year (total assets less liabilities)2012-12-31$177,562
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$134,371
Assets. Value of employer securities2012-12-31$177,562
Total contributions received or receivable from employer(s)2012-12-31$0
Value of certain deemed distributions of participant loans2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$0
2011 : FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$-109,126
Expenses. Total of all expenses incurred2011-12-31$0
Benefits paid (including direct rollovers)2011-12-31$0
Total plan assets at end of year2011-12-31$134,371
Total plan assets at beginning of year2011-12-31$243,497
Total contributions received or receivable from participants2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-109,126
Net income (gross income less expenses)2011-12-31$-109,126
Net plan assets at end of year (total assets less liabilities)2011-12-31$134,371
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$243,497
Assets. Value of employer securities2011-12-31$134,371
Total contributions received or receivable from employer(s)2011-12-31$0
Value of certain deemed distributions of participant loans2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$0
2010 : FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$243,547
Expenses. Total of all expenses incurred2010-12-31$50
Total plan assets at end of year2010-12-31$243,497
Total plan assets at beginning of year2010-12-31$0
Total contributions received or receivable from participants2010-12-31$0
Expenses. Other expenses not covered elsewhere2010-12-31$50
Contributions received from other sources (not participants or employers)2010-12-31$243,545
Other income received2010-12-31$2
Net income (gross income less expenses)2010-12-31$243,497
Net plan assets at end of year (total assets less liabilities)2010-12-31$243,497
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$0
Assets. Value of employer securities2010-12-31$243,497
Total contributions received or receivable from employer(s)2010-12-31$0

Form 5500 Responses for FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN

2021: FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingYes
2021-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: FRIDAY ISLAND ENTERPRISES INC. 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: FRIDAY ISLAND ENTERPRISES INC. 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: FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING 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: FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING 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
2015: FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: FRIDAY ISLAND ENTERPRISES INC. PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes

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