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AMERICAN INTERNATIONAL EXPORTS 401 K PROFIT SHARING PLAN TRUST 401k Plan overview

Plan NameAMERICAN INTERNATIONAL EXPORTS 401 K PROFIT SHARING PLAN TRUST
Plan identification number 001

AMERICAN INTERNATIONAL EXPORTS 401 K PROFIT SHARING PLAN TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan not intended to be qualified - A plan not intended to be qualified under Code sections 401, 403, or 408.
  • 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) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

AMERICAN INTERNATIONAL EXPORTS has sponsored the creation of one or more 401k plans.

Company Name:AMERICAN INTERNATIONAL EXPORTS
Employer identification number (EIN):520887358
NAIC Classification:423600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AMERICAN INTERNATIONAL EXPORTS 401 K PROFIT SHARING PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01REBECCA YOST2024-05-07 RYAN SIMON2024-05-08
0012022-01-01RYAN SIMON2023-02-10 RYAN SIMON2023-02-10
0012021-01-01RYAN SIMON2022-02-02
0012020-01-01RYAN SIMON2021-08-05 RYAN SIMON2021-08-05
0012019-01-01RYAN SIMON2020-07-29 RYAN SIMON2020-07-29
0012018-01-01RYAN SIMON2019-06-26
0012017-01-01JUAN CARIPA2018-08-09
0012016-01-01JUAN CARIPA
0012015-01-01BETHLEHEM GETACHEW
0012015-01-01POALA GONZALEZ2016-05-11
0012014-01-01PAOLA GONZALEZ2016-05-11
0012013-01-01PAOLA GONZALEZ2014-07-31
0012012-01-01AMERICAN INTERNATIONAL EXPORTS2013-05-23
0012011-01-01JUAN CARIPA

Financial Data on AMERICAN INTERNATIONAL EXPORTS 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2025 : AMERICAN INTERNATIONAL EXPORTS 401 K PROFIT SHARING PLAN TRUST 2025 401k financial data
Total transfers to/from plan in this plan year2025-09-260
Total liabilities as of the end of the plan year2025-09-260
Total liabilities as of the beginning of the plan year2025-09-260
Total expenses incurred by plan in this plan year2025-09-26695430
Net assets as of the end of the plan year2025-09-265944350
Total assets as of the beginning of the plan year2025-09-265218157
Value of plan covered by a fidelity bond2025-09-26250000
Participant contributions to plan in this plan year2025-09-26489059
Value of participant loans at end of plan year2025-09-26179197
Other expenses paid from plan in this plan year2025-09-260
Other contributions to plan in this plan year2025-09-263912
Other income to plan in this plan year2025-09-26720038
Plan net income in this plan year2025-09-26726193
Net assets as of the end of the plan year2025-09-265944350
Net assets as of the beginning of the plan year2025-09-265218157
Employer contributions to plan in this plan year2025-09-26208614
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-2655283
2024 : AMERICAN INTERNATIONAL EXPORTS 401 K PROFIT SHARING PLAN TRUST 2024 401k financial data
Total transfers to/from plan in this plan year2024-05-080
Total liabilities as of the end of the plan year2024-05-080
Total liabilities as of the beginning of the plan year2024-05-080
Total expenses incurred by plan in this plan year2024-05-08158601
Net assets as of the end of the plan year2024-05-085218157
Total assets as of the beginning of the plan year2024-05-084038156
Value of plan covered by a fidelity bond2024-05-08250000
Participant contributions to plan in this plan year2024-05-08401074
Value of participant loans at end of plan year2024-05-08135901
Other expenses paid from plan in this plan year2024-05-080
Other contributions to plan in this plan year2024-05-0835932
Other income to plan in this plan year2024-05-08722412
Plan net income in this plan year2024-05-081180001
Net assets as of the end of the plan year2024-05-085218157
Net assets as of the beginning of the plan year2024-05-084038156
Employer contributions to plan in this plan year2024-05-08179184
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-0842999
2016 : AMERICAN INTERNATIONAL EXPORTS 401 K PROFIT SHARING PLAN TRUST 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$308,675
Expenses. Total of all expenses incurred2016-12-31$-1,382
Benefits paid (including direct rollovers)2016-12-31$-1,682
Total plan assets at end of year2016-12-31$1,961,569
Total plan assets at beginning of year2016-12-31$1,651,512
Total contributions received or receivable from participants2016-12-31$120,260
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$138,224
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$310,057
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,961,569
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,651,512
Assets. Value of participant loans2016-12-31$102,279
Total contributions received or receivable from employer(s)2016-12-31$50,191
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$300
2015 : AMERICAN INTERNATIONAL EXPORTS 401 K PROFIT SHARING PLAN TRUST 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$205,617
Expenses. Total of all expenses incurred2015-12-31$86,684
Benefits paid (including direct rollovers)2015-12-31$86,223
Total plan assets at end of year2015-12-31$1,651,512
Total plan assets at beginning of year2015-12-31$1,532,579
Total contributions received or receivable from participants2015-12-31$132,885
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$24,748
Other income received2015-12-31$-9,152
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$118,933
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,651,512
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,532,579
Assets. Value of participant loans2015-12-31$88,394
Total contributions received or receivable from employer(s)2015-12-31$57,136
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$461
2011 : AMERICAN INTERNATIONAL EXPORTS 401 K PROFIT SHARING PLAN TRUST 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$61,400
Expenses. Total of all expenses incurred2011-12-31$11
Benefits paid (including direct rollovers)2011-12-31$0
Total plan assets at end of year2011-12-31$732,980
Total plan assets at beginning of year2011-12-31$671,591
Value of fidelity bond covering the plan2011-12-31$0
Total contributions received or receivable from participants2011-12-31$60,241
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-16,023
Net income (gross income less expenses)2011-12-31$61,389
Net plan assets at end of year (total assets less liabilities)2011-12-31$732,980
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$671,591
Assets. Value of participant loans2011-12-31$26,382
Total contributions received or receivable from employer(s)2011-12-31$17,182
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$11

Form 5500 Responses for AMERICAN INTERNATIONAL EXPORTS 401 K PROFIT SHARING PLAN TRUST

2016: AMERICAN INTERNATIONAL EXPORTS 401 K PROFIT SHARING PLAN TRUST 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: AMERICAN INTERNATIONAL EXPORTS 401 K PROFIT SHARING PLAN TRUST 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
2011: AMERICAN INTERNATIONAL EXPORTS 401 K PROFIT SHARING PLAN TRUST 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedYes
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 is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes

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