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

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

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

WDM VENTURES 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

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

Company Name: WDM VENTURES INC.

Employer identification number (EIN): 454094929

NAIC Classification: 812320
NAIC Description: Drycleaning and Laundry Services (except Coin-Operated)

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2018-07-01
001 2015-07-01 DAVID MAYS DAVID MAYS 2018-05-09
001 2014-07-01 DAVID MAYS DAVID MAYS 2016-08-23
001 2013-07-01 DAVID MAYS DAVID MAYS 2016-08-23
001 2012-07-01 DAVID MAYS DAVID MAYS 2014-04-09
001 2011-12-16 DAVID MAYS DAVID MAYS 2013-04-18

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2018-07-01
001	2015-07-01	DAVID MAYS	DAVID MAYS	2018-05-09
001	2014-07-01	DAVID MAYS	DAVID MAYS	2016-08-23
001	2013-07-01	DAVID MAYS	DAVID MAYS	2016-08-23
001	2012-07-01	DAVID MAYS	DAVID MAYS	2014-04-09
001	2011-12-16	DAVID MAYS	DAVID MAYS	2013-04-18

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

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

Measure Date Value
2018: WDM VENTURES INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-07-01 18
Total number of active participants reported on line 7a of the Form 5500 2018-07-01 18
Number of retired or separated participants receiving benefits 2018-07-01 0
Number of other retired or separated participants entitled to future benefits 2018-07-01 0
Total of all active and inactive participants 2018-07-01 18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-07-01 0
Total participants 2018-07-01 18
Number of participants with account balances 2018-07-01 11
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-07-01 0
2015: WDM VENTURES INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-07-01 40
Total number of active participants reported on line 7a of the Form 5500 2015-07-01 35
Number of retired or separated participants receiving benefits 2015-07-01 0
Number of other retired or separated participants entitled to future benefits 2015-07-01 7
Total of all active and inactive participants 2015-07-01 42
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-07-01 0
Total participants 2015-07-01 42
Number of participants with account balances 2015-07-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-07-01 0
2014: WDM VENTURES INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-07-01 38
Total number of active participants reported on line 7a of the Form 5500 2014-07-01 33
Number of retired or separated participants receiving benefits 2014-07-01 0
Number of other retired or separated participants entitled to future benefits 2014-07-01 7
Total of all active and inactive participants 2014-07-01 40
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-07-01 0
Total participants 2014-07-01 40
Number of participants with account balances 2014-07-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-07-01 0
2013: WDM VENTURES INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-07-01 37
Total number of active participants reported on line 7a of the Form 5500 2013-07-01 33
Number of retired or separated participants receiving benefits 2013-07-01 0
Number of other retired or separated participants entitled to future benefits 2013-07-01 6
Total of all active and inactive participants 2013-07-01 39
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-07-01 0
Total participants 2013-07-01 39
Number of participants with account balances 2013-07-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-07-01 0
2012: WDM VENTURES INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-07-01 43
Total number of active participants reported on line 7a of the Form 5500 2012-07-01 43
Number of retired or separated participants receiving benefits 2012-07-01 0
Number of other retired or separated participants entitled to future benefits 2012-07-01 0
Total of all active and inactive participants 2012-07-01 43
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-07-01 0
Total participants 2012-07-01 43
Number of participants with account balances 2012-07-01 28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-07-01 0
2011: WDM VENTURES INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-12-16 1
Total number of active participants reported on line 7a of the Form 5500 2011-12-16 43
Number of retired or separated participants receiving benefits 2011-12-16 0
Number of other retired or separated participants entitled to future benefits 2011-12-16 0
Total of all active and inactive participants 2011-12-16 43
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-12-16 0
Total participants 2011-12-16 43
Number of participants with account balances 2011-12-16 28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-12-16 0

Measure	Date	Value
2018: WDM VENTURES INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-07-01	18
Total number of active participants reported on line 7a of the Form 5500	2018-07-01	18
Number of retired or separated participants receiving benefits	2018-07-01	0
Number of other retired or separated participants entitled to future benefits	2018-07-01	0
Total of all active and inactive participants	2018-07-01	18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-07-01	0
Total participants	2018-07-01	18
Number of participants with account balances	2018-07-01	11
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-07-01	0
2015: WDM VENTURES INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-07-01	40
Total number of active participants reported on line 7a of the Form 5500	2015-07-01	35
Number of retired or separated participants receiving benefits	2015-07-01	0
Number of other retired or separated participants entitled to future benefits	2015-07-01	7
Total of all active and inactive participants	2015-07-01	42
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-07-01	0
Total participants	2015-07-01	42
Number of participants with account balances	2015-07-01	29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-07-01	0
2014: WDM VENTURES INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-07-01	38
Total number of active participants reported on line 7a of the Form 5500	2014-07-01	33
Number of retired or separated participants receiving benefits	2014-07-01	0
Number of other retired or separated participants entitled to future benefits	2014-07-01	7
Total of all active and inactive participants	2014-07-01	40
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-07-01	0
Total participants	2014-07-01	40
Number of participants with account balances	2014-07-01	29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-07-01	0
2013: WDM VENTURES INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-07-01	37
Total number of active participants reported on line 7a of the Form 5500	2013-07-01	33
Number of retired or separated participants receiving benefits	2013-07-01	0
Number of other retired or separated participants entitled to future benefits	2013-07-01	6
Total of all active and inactive participants	2013-07-01	39
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-07-01	0
Total participants	2013-07-01	39
Number of participants with account balances	2013-07-01	29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-07-01	0
2012: WDM VENTURES INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-07-01	43
Total number of active participants reported on line 7a of the Form 5500	2012-07-01	43
Number of retired or separated participants receiving benefits	2012-07-01	0
Number of other retired or separated participants entitled to future benefits	2012-07-01	0
Total of all active and inactive participants	2012-07-01	43
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-07-01	0
Total participants	2012-07-01	43
Number of participants with account balances	2012-07-01	28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-07-01	0
2011: WDM VENTURES INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-12-16	1
Total number of active participants reported on line 7a of the Form 5500	2011-12-16	43
Number of retired or separated participants receiving benefits	2011-12-16	0
Number of other retired or separated participants entitled to future benefits	2011-12-16	0
Total of all active and inactive participants	2011-12-16	43
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-12-16	0
Total participants	2011-12-16	43
Number of participants with account balances	2011-12-16	28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-12-16	0

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

Measure	Date	Value
2019 : WDM VENTURES INC. 401(K) PLAN 2019 401k financial data
Transfers to/from the plan	2019-06-30	$0
Total plan liabilities at end of year	2019-06-30	$0
Total plan liabilities at beginning of year	2019-06-30	$0
Total income from all sources	2019-06-30	$-141,751
Expenses. Total of all expenses incurred	2019-06-30	$0
Benefits paid (including direct rollovers)	2019-06-30	$0
Total plan assets at end of year	2019-06-30	$267,780
Total plan assets at beginning of year	2019-06-30	$409,531
Total contributions received or receivable from participants	2019-06-30	$7,301
Expenses. Other expenses not covered elsewhere	2019-06-30	$0
Contributions received from other sources (not participants or employers)	2019-06-30	$0
Other income received	2019-06-30	$-154,254
Noncash contributions received	2019-06-30	$0
Net income (gross income less expenses)	2019-06-30	$-141,751
Net plan assets at end of year (total assets less liabilities)	2019-06-30	$267,780
Net plan assets at beginning of year (total assets less liabilities)	2019-06-30	$409,531
Assets. Value of employer securities	2019-06-30	$110,897
Total contributions received or receivable from employer(s)	2019-06-30	$5,202
Value of certain deemed distributions of participant loans	2019-06-30	$0
Value of corrective distributions	2019-06-30	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2019-06-30	$0
2016 : WDM VENTURES INC. 401(K) PLAN 2016 401k financial data
Transfers to/from the plan	2016-06-30	$0
Total plan liabilities at end of year	2016-06-30	$0
Total plan liabilities at beginning of year	2016-06-30	$0
Total income from all sources	2016-06-30	$10,383
Expenses. Total of all expenses incurred	2016-06-30	$2,146
Benefits paid (including direct rollovers)	2016-06-30	$0
Total plan assets at end of year	2016-06-30	$409,531
Total plan assets at beginning of year	2016-06-30	$401,294
Total contributions received or receivable from participants	2016-06-30	$13,079
Expenses. Other expenses not covered elsewhere	2016-06-30	$2,146
Contributions received from other sources (not participants or employers)	2016-06-30	$0
Other income received	2016-06-30	$-12,790
Noncash contributions received	2016-06-30	$0
Net income (gross income less expenses)	2016-06-30	$8,237
Net plan assets at end of year (total assets less liabilities)	2016-06-30	$409,531
Net plan assets at beginning of year (total assets less liabilities)	2016-06-30	$401,294
Assets. Value of employer securities	2016-06-30	$265,150
Total contributions received or receivable from employer(s)	2016-06-30	$10,094
Value of certain deemed distributions of participant loans	2016-06-30	$0
Value of corrective distributions	2016-06-30	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2016-06-30	$0
2015 : WDM VENTURES INC. 401(K) PLAN 2015 401k financial data
Transfers to/from the plan	2015-06-30	$0
Total plan liabilities at end of year	2015-06-30	$0
Total plan liabilities at beginning of year	2015-06-30	$0
Total income from all sources	2015-06-30	$-15,042
Expenses. Total of all expenses incurred	2015-06-30	$13,882
Benefits paid (including direct rollovers)	2015-06-30	$12,334
Total plan assets at end of year	2015-06-30	$401,294
Total plan assets at beginning of year	2015-06-30	$430,218
Total contributions received or receivable from participants	2015-06-30	$14,804
Expenses. Other expenses not covered elsewhere	2015-06-30	$1,548
Contributions received from other sources (not participants or employers)	2015-06-30	$0
Other income received	2015-06-30	$-41,199
Noncash contributions received	2015-06-30	$0
Net income (gross income less expenses)	2015-06-30	$-28,924
Net plan assets at end of year (total assets less liabilities)	2015-06-30	$401,294
Net plan assets at beginning of year (total assets less liabilities)	2015-06-30	$430,218
Assets. Value of participant loans	2015-06-30	$11,130
Assets. Value of employer securities	2015-06-30	$276,973
Total contributions received or receivable from employer(s)	2015-06-30	$11,353
Value of certain deemed distributions of participant loans	2015-06-30	$0
Value of corrective distributions	2015-06-30	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2015-06-30	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-06-30	$0
2014 : WDM VENTURES INC. 401(K) PLAN 2014 401k financial data
Total plan liabilities at end of year	2014-06-30	$0
Total plan liabilities at beginning of year	2014-06-30	$0
Total income from all sources	2014-06-30	$-210,762
Expenses. Total of all expenses incurred	2014-06-30	$2,217
Benefits paid (including direct rollovers)	2014-06-30	$800
Total plan assets at end of year	2014-06-30	$429,854
Total plan assets at beginning of year	2014-06-30	$642,833
Total contributions received or receivable from participants	2014-06-30	$16,378
Expenses. Other expenses not covered elsewhere	2014-06-30	$1,417
Other income received	2014-06-30	$-239,866
Net income (gross income less expenses)	2014-06-30	$-212,979
Net plan assets at end of year (total assets less liabilities)	2014-06-30	$429,854
Net plan assets at beginning of year (total assets less liabilities)	2014-06-30	$642,833
Assets. Value of participant loans	2014-06-30	$4,119
Assets. Value of employer securities	2014-06-30	$320,145
Total contributions received or receivable from employer(s)	2014-06-30	$12,726
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-06-30	$0
2013 : WDM VENTURES INC. 401(K) PLAN 2013 401k financial data
Transfers to/from the plan	2013-06-30	$0
Total plan liabilities at end of year	2013-06-30	$0
Total plan liabilities at beginning of year	2013-06-30	$0
Total income from all sources	2013-06-30	$-209,535
Expenses. Total of all expenses incurred	2013-06-30	$0
Benefits paid (including direct rollovers)	2013-06-30	$0
Total plan assets at end of year	2013-06-30	$386,258
Total plan assets at beginning of year	2013-06-30	$595,793
Total contributions received or receivable from participants	2013-06-30	$27,359
Expenses. Other expenses not covered elsewhere	2013-06-30	$0
Contributions received from other sources (not participants or employers)	2013-06-30	$0
Other income received	2013-06-30	$-253,548
Noncash contributions received	2013-06-30	$0
Net income (gross income less expenses)	2013-06-30	$-209,535
Net plan assets at end of year (total assets less liabilities)	2013-06-30	$386,258
Net plan assets at beginning of year (total assets less liabilities)	2013-06-30	$595,793
Assets. Value of employer securities	2013-06-30	$316,164
Total contributions received or receivable from employer(s)	2013-06-30	$16,654
Value of certain deemed distributions of participant loans	2013-06-30	$0
Value of corrective distributions	2013-06-30	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2013-06-30	$0
2012 : WDM VENTURES INC. 401(K) PLAN 2012 401k financial data
Transfers to/from the plan	2012-06-30	$0
Total plan liabilities at end of year	2012-06-30	$0
Total plan liabilities at beginning of year	2012-06-30	$0
Total income from all sources	2012-06-30	$595,793
Expenses. Total of all expenses incurred	2012-06-30	$0
Benefits paid (including direct rollovers)	2012-06-30	$0
Total plan assets at end of year	2012-06-30	$595,793
Total plan assets at beginning of year	2012-06-30	$0
Total contributions received or receivable from participants	2012-06-30	$15,510
Expenses. Other expenses not covered elsewhere	2012-06-30	$0
Contributions received from other sources (not participants or employers)	2012-06-30	$350,137
Other income received	2012-06-30	$219,576
Noncash contributions received	2012-06-30	$0
Net income (gross income less expenses)	2012-06-30	$595,793
Net plan assets at end of year (total assets less liabilities)	2012-06-30	$595,793
Net plan assets at beginning of year (total assets less liabilities)	2012-06-30	$0
Assets. Value of employer securities	2012-06-30	$569,712
Total contributions received or receivable from employer(s)	2012-06-30	$10,570
Value of certain deemed distributions of participant loans	2012-06-30	$0
Value of corrective distributions	2012-06-30	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2012-06-30	$0

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

2018: WDM VENTURES INC. 401(K) PLAN 2018 form 5500 responses
2018-07-01	Type of plan entity	Single employer plan
2018-07-01	Submission has been amended	No
2018-07-01	This submission is the final filing	No
2018-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-07-01	Plan is a collectively bargained plan	No
2018-07-01	Plan funding arrangement – Trust	Yes
2018-07-01	Plan benefit arrangement - Trust	Yes
2015: WDM VENTURES INC. 401(K) PLAN 2015 form 5500 responses
2015-07-01	Type of plan entity	Single employer plan
2015-07-01	Submission has been amended	No
2015-07-01	This submission is the final filing	No
2015-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-07-01	Plan is a collectively bargained plan	No
2015-07-01	Plan funding arrangement – Trust	Yes
2015-07-01	Plan benefit arrangement - Trust	Yes
2014: WDM VENTURES INC. 401(K) PLAN 2014 form 5500 responses
2014-07-01	Type of plan entity	Single employer plan
2014-07-01	Submission has been amended	No
2014-07-01	This submission is the final filing	No
2014-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-07-01	Plan is a collectively bargained plan	No
2014-07-01	Plan funding arrangement – Trust	Yes
2014-07-01	Plan benefit arrangement - Trust	Yes
2013: WDM VENTURES INC. 401(K) PLAN 2013 form 5500 responses
2013-07-01	Type of plan entity	Single employer plan
2013-07-01	Submission has been amended	Yes
2013-07-01	This submission is the final filing	No
2013-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-07-01	Plan is a collectively bargained plan	No
2013-07-01	Plan funding arrangement – Trust	Yes
2013-07-01	Plan benefit arrangement - Trust	Yes
2012: WDM VENTURES INC. 401(K) PLAN 2012 form 5500 responses
2012-07-01	Type of plan entity	Single employer plan
2012-07-01	Submission has been amended	No
2012-07-01	This submission is the final filing	No
2012-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-07-01	Plan is a collectively bargained plan	No
2012-07-01	Plan funding arrangement – Trust	Yes
2012-07-01	Plan benefit arrangement - Trust	Yes
2011: WDM VENTURES INC. 401(K) PLAN 2011 form 5500 responses
2011-12-16	Type of plan entity	Single employer plan
2011-12-16	First time form 5500 has been submitted	Yes
2011-12-16	Submission has been amended	No
2011-12-16	This submission is the final filing	No
2011-12-16	This return/report is a short plan year return/report (less than 12 months)	Yes
2011-12-16	Plan is a collectively bargained plan	No
2011-12-16	Plan funding arrangement – Trust	Yes
2011-12-16	Plan benefit arrangement - Trust	Yes

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:	WDM VENTURES INC.
Employer identification number (EIN):	454094929
NAIC Classification:	812320
NAIC Description:	Drycleaning and Laundry Services (except Coin-Operated)