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BASHAM RENT TO OWN 401(K) PLAN 401k Plan overview

Plan NameBASHAM RENT TO OWN 401(K) PLAN
Plan identification number 001

BASHAM RENT TO OWN 401(K) 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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

BASHAM FURNITURE RENTAL, INC. has sponsored the creation of one or more 401k plans.

Company Name:BASHAM FURNITURE RENTAL, INC.
Employer identification number (EIN):480892851
NAIC Classification:532210
NAIC Description:Consumer Electronics and Appliances Rental

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BASHAM RENT TO OWN 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-01-01JEFFREY BASHAM
0012016-01-01JEFFREY BASHAM
0012015-01-01JEFFREY BASHAM
0012014-01-01JEFFREY BASHAM
0012013-01-01JEFFREY BASHAM
0012012-01-01JEFFREY BASHAM JEFFREY BASHAM2013-06-21
0012011-01-01JEFFREY BASHAM
0012009-01-01PATRICK BASHAM

Plan Statistics for BASHAM RENT TO OWN 401(K) PLAN

401k plan membership statisitcs for BASHAM RENT TO OWN 401(K) PLAN

Measure Date Value
2017: BASHAM RENT TO OWN 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-013
Total number of active participants reported on line 7a of the Form 55002017-01-010
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 participants2017-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-010
Number of participants with account balances2017-01-010
2016: BASHAM RENT TO OWN 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-014
Total number of active participants reported on line 7a of the Form 55002016-01-013
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 participants2016-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-013
Number of participants with account balances2016-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: BASHAM RENT TO OWN 401(K) 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 benefits2015-01-011
Total of all active and inactive participants2015-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-014
Number of participants with account balances2015-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: BASHAM RENT TO OWN 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-015
Total number of active participants reported on line 7a of the Form 55002014-01-014
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-011
Total of all active and inactive participants2014-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-015
Number of participants with account balances2014-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: BASHAM RENT TO OWN 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-017
Total number of active participants reported on line 7a of the Form 55002013-01-014
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-011
Total of all active and inactive participants2013-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-015
Number of participants with account balances2013-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: BASHAM RENT TO OWN 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0110
Total number of active participants reported on line 7a of the Form 55002012-01-015
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-012
Total of all active and inactive participants2012-01-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-017
Number of participants with account balances2012-01-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: BASHAM RENT TO OWN 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0117
Total number of active participants reported on line 7a of the Form 55002011-01-016
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-014
Total of all active and inactive participants2011-01-0110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0110
Number of participants with account balances2011-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: BASHAM RENT TO OWN 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0119
Total number of active participants reported on line 7a of the Form 55002009-01-0114
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-012
Total of all active and inactive participants2009-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0116
Number of participants with account balances2009-01-0110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on BASHAM RENT TO OWN 401(K) PLAN

Measure Date Value
2017 : BASHAM RENT TO OWN 401(K) PLAN 2017 401k financial data
Transfers to/from the plan2017-01-03$0
Total plan liabilities at end of year2017-01-03$0
Total plan liabilities at beginning of year2017-01-03$0
Total income from all sources2017-01-03$2,508
Expenses. Total of all expenses incurred2017-01-03$385,925
Benefits paid (including direct rollovers)2017-01-03$385,910
Total plan assets at end of year2017-01-03$0
Total plan assets at beginning of year2017-01-03$383,417
Value of fidelity bond covering the plan2017-01-03$1,250,000
Total contributions received or receivable from participants2017-01-03$0
Expenses. Other expenses not covered elsewhere2017-01-03$0
Contributions received from other sources (not participants or employers)2017-01-03$0
Other income received2017-01-03$2,508
Noncash contributions received2017-01-03$0
Net income (gross income less expenses)2017-01-03$-383,417
Net plan assets at end of year (total assets less liabilities)2017-01-03$0
Net plan assets at beginning of year (total assets less liabilities)2017-01-03$383,417
Assets. Value of participant loans2017-01-03$0
Total contributions received or receivable from employer(s)2017-01-03$0
Value of certain deemed distributions of participant loans2017-01-03$0
Value of corrective distributions2017-01-03$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-01-03$15
2016 : BASHAM RENT TO OWN 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$106,042
Expenses. Total of all expenses incurred2016-12-31$722,268
Benefits paid (including direct rollovers)2016-12-31$722,170
Total plan assets at end of year2016-12-31$383,417
Total plan assets at beginning of year2016-12-31$999,643
Value of fidelity bond covering the plan2016-12-31$1,250,000
Total contributions received or receivable from participants2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$106,042
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$-616,226
Net plan assets at end of year (total assets less liabilities)2016-12-31$383,417
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$999,643
Assets. Value of participant loans2016-12-31$24,205
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$98
2015 : BASHAM RENT TO OWN 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$-23,801
Expenses. Total of all expenses incurred2015-12-31$265,534
Benefits paid (including direct rollovers)2015-12-31$265,301
Total plan assets at end of year2015-12-31$999,643
Total plan assets at beginning of year2015-12-31$1,288,978
Value of fidelity bond covering the plan2015-12-31$1,250,000
Total contributions received or receivable from participants2015-12-31$499
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-24,699
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$-289,335
Net plan assets at end of year (total assets less liabilities)2015-12-31$999,643
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,288,978
Assets. Value of participant loans2015-12-31$30,938
Total contributions received or receivable from employer(s)2015-12-31$399
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$233
2014 : BASHAM RENT TO OWN 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$74,174
Expenses. Total of all expenses incurred2014-12-31$150
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$1,288,978
Total plan assets at beginning of year2014-12-31$1,214,954
Value of fidelity bond covering the plan2014-12-31$1,250,000
Total contributions received or receivable from participants2014-12-31$1,192
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$72,009
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$74,024
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,288,978
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,214,954
Assets. Value of participant loans2014-12-31$12,212
Total contributions received or receivable from employer(s)2014-12-31$973
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$150
2013 : BASHAM RENT TO OWN 401(K) PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$294,239
Expenses. Total of all expenses incurred2013-12-31$1,326
Benefits paid (including direct rollovers)2013-12-31$1,038
Total plan assets at end of year2013-12-31$1,214,954
Total plan assets at beginning of year2013-12-31$922,041
Value of fidelity bond covering the plan2013-12-31$1,250,000
Total contributions received or receivable from participants2013-12-31$2,607
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$289,426
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$292,913
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,214,954
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$922,041
Assets. Value of participant loans2013-12-31$22,769
Total contributions received or receivable from employer(s)2013-12-31$2,206
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$288
2012 : BASHAM RENT TO OWN 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$154,710
Expenses. Total of all expenses incurred2012-12-31$85,464
Benefits paid (including direct rollovers)2012-12-31$85,099
Total plan assets at end of year2012-12-31$922,041
Total plan assets at beginning of year2012-12-31$852,795
Value of fidelity bond covering the plan2012-12-31$1,250,000
Total contributions received or receivable from participants2012-12-31$3,309
Other income received2012-12-31$148,634
Net income (gross income less expenses)2012-12-31$69,246
Net plan assets at end of year (total assets less liabilities)2012-12-31$922,041
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$852,795
Assets. Value of participant loans2012-12-31$28,940
Total contributions received or receivable from employer(s)2012-12-31$2,767
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$365
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : BASHAM RENT TO OWN 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$-45,940
Expenses. Total of all expenses incurred2011-12-31$132,778
Benefits paid (including direct rollovers)2011-12-31$132,290
Total plan assets at end of year2011-12-31$852,795
Total plan assets at beginning of year2011-12-31$1,031,513
Value of fidelity bond covering the plan2011-12-31$1,250,000
Total contributions received or receivable from participants2011-12-31$11,240
Other income received2011-12-31$-62,715
Net income (gross income less expenses)2011-12-31$-178,718
Net plan assets at end of year (total assets less liabilities)2011-12-31$852,795
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,031,513
Assets. Value of participant loans2011-12-31$36,170
Total contributions received or receivable from employer(s)2011-12-31$5,535
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$488
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : BASHAM RENT TO OWN 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$172,595
Expenses. Total of all expenses incurred2010-12-31$17,769
Benefits paid (including direct rollovers)2010-12-31$17,324
Total plan assets at end of year2010-12-31$1,031,513
Total plan assets at beginning of year2010-12-31$876,687
Value of fidelity bond covering the plan2010-12-31$1,250,000
Total contributions received or receivable from participants2010-12-31$15,293
Other income received2010-12-31$149,934
Net income (gross income less expenses)2010-12-31$154,826
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,031,513
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$876,687
Assets. Value of participant loans2010-12-31$77,798
Total contributions received or receivable from employer(s)2010-12-31$7,368
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$445
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : BASHAM RENT TO OWN 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for BASHAM RENT TO OWN 401(K) PLAN

2017: BASHAM RENT TO OWN 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingYes
2017-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: BASHAM RENT TO OWN 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: BASHAM RENT TO OWN 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: BASHAM RENT TO OWN 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: BASHAM RENT TO OWN 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: BASHAM RENT TO OWN 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: BASHAM RENT TO OWN 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: BASHAM RENT TO OWN 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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