401k Plan data: POWER ON 401(K) PROFIT SHARING PLAN plan

POWER ON 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	POWER ON 401(K) PROFIT SHARING PLAN
Plan identification number	001

POWER ON 401(K) PROFIT SHARING 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.
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 requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

POWER ON TECHNOLOGIES, INC. has sponsored the creation of one or more 401k plans.

Company Name: POWER ON TECHNOLOGIES, INC.

Employer identification number (EIN): 431636735

NAIC Classification: 541511
NAIC Description: Custom Computer Programming Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan POWER ON 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2018-01-01 SHELLY SEARCY 2019-02-11
001 2017-01-01 SHELLY SEARCY 2018-06-15
001 2016-01-01 SHELLY SEARCY 2017-06-13
001 2015-01-01 SHELLY SEARCY 2016-05-25
001 2014-01-01 SHELLY SEARCY 2015-06-17
001 2013-01-01 SHELLY SEARCY 2014-06-12
001 2012-01-01 PATRICK SEARCY 2013-07-11 PATRICK SEARCY 2013-07-11
001 2011-01-01 PATRICK SEARCY 2012-06-20 PATRICK SEARCY 2012-06-20
001 2009-01-01 PATRICK SEARCY PATRICK SEARCY 2010-09-23

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2018-01-01	SHELLY SEARCY	2019-02-11
001	2017-01-01	SHELLY SEARCY	2018-06-15
001	2016-01-01	SHELLY SEARCY	2017-06-13
001	2015-01-01	SHELLY SEARCY	2016-05-25
001	2014-01-01	SHELLY SEARCY	2015-06-17
001	2013-01-01	SHELLY SEARCY	2014-06-12
001	2012-01-01	PATRICK SEARCY	2013-07-11	PATRICK SEARCY	2013-07-11
001	2011-01-01	PATRICK SEARCY	2012-06-20	PATRICK SEARCY	2012-06-20
001	2009-01-01	PATRICK SEARCY		PATRICK SEARCY	2010-09-23

Plan Statistics for POWER ON 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for POWER ON 401(K) PROFIT SHARING PLAN

Measure Date Value
2009: POWER ON 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 8
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 7
Number of other retired or separated participants entitled to future benefits 2009-01-01 1
Total of all active and inactive participants 2009-01-01 8
Total participants 2009-01-01 8
Number of participants with account balances 2009-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2009: POWER ON 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	8
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	7
Number of other retired or separated participants entitled to future benefits	2009-01-01	1
Total of all active and inactive participants	2009-01-01	8
Total participants	2009-01-01	8
Number of participants with account balances	2009-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on POWER ON 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2010 : POWER ON 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$28,256
Expenses. Total of all expenses incurred	2010-12-31	$0
Total plan assets at end of year	2010-12-31	$121,619
Total plan assets at beginning of year	2010-12-31	$93,363
Value of fidelity bond covering the plan	2010-12-31	$195,000
Total contributions received or receivable from participants	2010-12-31	$9,377
Other income received	2010-12-31	$14,191
Net income (gross income less expenses)	2010-12-31	$28,256
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$121,619
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$93,363
Total contributions received or receivable from employer(s)	2010-12-31	$4,688

Form 5500 Responses for POWER ON 401(K) PROFIT SHARING PLAN

2009: POWER ON 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

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Company Name:	POWER ON TECHNOLOGIES, INC.
Employer identification number (EIN):	431636735
NAIC Classification:	541511
NAIC Description:	Custom Computer Programming Services