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B&C BUSINESS VENTURES, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameB&C BUSINESS VENTURES, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

B&C BUSINESS VENTURES, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined 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.

401k Sponsoring company profile

B&C BUSINESS VENTURES, INC. has sponsored the creation of one or more 401k plans.

Company Name:B&C BUSINESS VENTURES, INC.
Employer identification number (EIN):473780223
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Additional information about B&C BUSINESS VENTURES, INC.

Jurisdiction of Incorporation: Colorado Department of State
Incorporation Date: 2015-04-16
Company Identification Number: 20151256858
Legal Registered Office Address: 175 S CIRCLE DR

PUEBLO WEST
United States of America (USA)
81007

More information about B&C BUSINESS VENTURES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan B&C BUSINESS VENTURES, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-01-01
0012016-01-01BRIAN TESCH
0012015-05-06BRIAN TESCH

Plan Statistics for B&C BUSINESS VENTURES, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for B&C BUSINESS VENTURES, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2018: B&C BUSINESS VENTURES, INC. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-012
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
2016: B&C BUSINESS VENTURES, INC. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-012
Total number of active participants reported on line 7a of the Form 55002016-01-012
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 participants2016-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-012
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: B&C BUSINESS VENTURES, INC. 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-05-062
Total number of active participants reported on line 7a of the Form 55002015-05-062
Number of retired or separated participants receiving benefits2015-05-060
Number of other retired or separated participants entitled to future benefits2015-05-060
Total of all active and inactive participants2015-05-062
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-05-060
Total participants2015-05-062
Number of participants with account balances2015-05-061
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-05-060

Financial Data on B&C BUSINESS VENTURES, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2018 : B&C BUSINESS VENTURES, INC. 401(K) PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources2018-12-31$-25,090
Expenses. Total of all expenses incurred2018-12-31$3
Total plan assets at end of year2018-12-31$167,888
Total plan assets at beginning of year2018-12-31$192,981
Total contributions received or receivable from participants2018-12-31$650
Expenses. Other expenses not covered elsewhere2018-12-31$3
Other income received2018-12-31$-25,740
Net income (gross income less expenses)2018-12-31$-25,093
Net plan assets at end of year (total assets less liabilities)2018-12-31$167,888
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$192,981
Assets. Value of employer securities2018-12-31$165,880
2016 : B&C BUSINESS VENTURES, INC. 401(K) PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-12-31$12,938
Total plan assets at end of year2016-12-31$102,857
Total plan assets at beginning of year2016-12-31$89,919
Total contributions received or receivable from participants2016-12-31$300
Other income received2016-12-31$12,638
Net income (gross income less expenses)2016-12-31$12,938
Net plan assets at end of year (total assets less liabilities)2016-12-31$102,857
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$89,919
Assets. Value of employer securities2016-12-31$102,146
2015 : B&C BUSINESS VENTURES, INC. 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-12-31$89,932
Expenses. Total of all expenses incurred2015-12-31$13
Total plan assets at end of year2015-12-31$89,919
Total plan assets at beginning of year2015-12-31$0
Total contributions received or receivable from participants2015-12-31$50
Expenses. Other expenses not covered elsewhere2015-12-31$13
Contributions received from other sources (not participants or employers)2015-12-31$143,874
Other income received2015-12-31$-53,992
Net income (gross income less expenses)2015-12-31$89,919
Net plan assets at end of year (total assets less liabilities)2015-12-31$89,919
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$0
Assets. Value of employer securities2015-12-31$89,508

Form 5500 Responses for B&C BUSINESS VENTURES, INC. 401(K) PROFIT SHARING PLAN

2018: B&C BUSINESS VENTURES, INC. 401(K) 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
2016: B&C BUSINESS VENTURES, INC. 401(K) 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: B&C BUSINESS VENTURES, INC. 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-05-06Type of plan entitySingle employer plan
2015-05-06First time form 5500 has been submittedYes
2015-05-06This return/report is a short plan year return/report (less than 12 months)Yes
2015-05-06Plan funding arrangement – TrustYes
2015-05-06Plan benefit arrangement - TrustYes

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