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JET PARTS, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameJET PARTS, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

JET PARTS, INC. 401(K) PROFIT SHARING PLAN 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.
  • 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

JET PARTS INC has sponsored the creation of one or more 401k plans.

Company Name:JET PARTS INC
Employer identification number (EIN):650454617
NAIC Classification:488100
NAIC Description: Support Activities for Air Transportation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JET PARTS, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012016-01-01
0012015-01-01JAY WETCHER2016-07-29
0012014-01-01JAY WETCHER
0012013-01-01JAY WETCHER
0012012-01-01JAY WETCHER
0012011-01-01JAY WETCHER
0012010-01-01JAY WETCHER
0012009-01-01JAY WETCHER
0012009-01-01JAY WETCHER
0012008-01-01JAY WETCHER
0012007-01-01JAY WETCHER

Plan Statistics for JET PARTS, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for JET PARTS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2014: JET PARTS, INC. 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-015
Total number of active participants reported on line 7a of the Form 55002014-01-015
Total of all active and inactive participants2014-01-015
Total participants2014-01-015
2013: JET PARTS, INC. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-015
Total number of active participants reported on line 7a of the Form 55002013-01-015
Total of all active and inactive participants2013-01-015
Total participants2013-01-015
2012: JET PARTS, INC. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-014
Total number of active participants reported on line 7a of the Form 55002012-01-015
Total of all active and inactive participants2012-01-015
Total participants2012-01-015
Number of participants with account balances2012-01-015
2011: JET PARTS, INC. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-014
Total number of active participants reported on line 7a of the Form 55002011-01-014
Total of all active and inactive participants2011-01-014
Total participants2011-01-014
Number of participants with account balances2011-01-014
2010: JET PARTS, INC. 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-014
Total number of active participants reported on line 7a of the Form 55002010-01-014
Total of all active and inactive participants2010-01-014
Total participants2010-01-014
Number of participants with account balances2010-01-014
2009: JET PARTS, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-014
Number of retired or separated participants receiving benefits2009-01-014
Total of all active and inactive participants2009-01-014
Total participants2009-01-014
Number of participants with account balances2009-01-014
2008: JET PARTS, INC. 401(K) PROFIT SHARING PLAN 2008 401k membership
Total participants, beginning-of-year2008-01-014
Number of retired or separated participants receiving benefits2008-01-014
Total of all active and inactive participants2008-01-014
Total participants2008-01-014
Number of participants with account balances2008-01-014
2007: JET PARTS, INC. 401(K) PROFIT SHARING PLAN 2007 401k membership
Total participants, beginning-of-year2007-01-014
Number of retired or separated participants receiving benefits2007-01-014
Total of all active and inactive participants2007-01-014
Total participants2007-01-014
Number of participants with account balances2007-01-014

Financial Data on JET PARTS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2014 : JET PARTS, INC. 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$135,151
Expenses. Total of all expenses incurred2014-12-31$0
Total plan assets at end of year2014-12-31$944,456
Total plan assets at beginning of year2014-12-31$809,305
Other income received2014-12-31$36,262
Net income (gross income less expenses)2014-12-31$135,151
Net plan assets at end of year (total assets less liabilities)2014-12-31$944,456
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$809,305
Total contributions received or receivable from employer(s)2014-12-31$98,889
2013 : JET PARTS, INC. 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$137,243
Expenses. Total of all expenses incurred2013-12-31$0
Total plan assets at end of year2013-12-31$809,305
Total plan assets at beginning of year2013-12-31$672,062
Other income received2013-12-31$62,240
Net income (gross income less expenses)2013-12-31$137,243
Net plan assets at end of year (total assets less liabilities)2013-12-31$809,305
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$672,062
Total contributions received or receivable from employer(s)2013-12-31$75,003
2012 : JET PARTS, INC. 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$108,386
Total plan assets at end of year2012-12-31$672,062
Total plan assets at beginning of year2012-12-31$563,676
Other income received2012-12-31$41,205
Net income (gross income less expenses)2012-12-31$108,386
Net plan assets at end of year (total assets less liabilities)2012-12-31$672,062
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$563,676
Total contributions received or receivable from employer(s)2012-12-31$67,181
2011 : JET PARTS, INC. 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$67,892
Total plan assets at end of year2011-12-31$563,676
Total plan assets at beginning of year2011-12-31$495,784
Other income received2011-12-31$6,569
Net income (gross income less expenses)2011-12-31$67,892
Net plan assets at end of year (total assets less liabilities)2011-12-31$563,676
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$495,784
Total contributions received or receivable from employer(s)2011-12-31$61,323
2010 : JET PARTS, INC. 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$76,020
Total plan assets at end of year2010-12-31$495,784
Total plan assets at beginning of year2010-12-31$419,764
Other income received2010-12-31$13,058
Net income (gross income less expenses)2010-12-31$76,020
Net plan assets at end of year (total assets less liabilities)2010-12-31$495,784
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$419,764
Total contributions received or receivable from employer(s)2010-12-31$62,962

Form 5500 Responses for JET PARTS, INC. 401(K) PROFIT SHARING PLAN

2014: JET PARTS, INC. 401(K) PROFIT SHARING 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: JET PARTS, INC. 401(K) PROFIT SHARING 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: JET PARTS, INC. 401(K) PROFIT SHARING 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 is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: JET PARTS, INC. 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01First time form 5500 has been submittedYes
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 is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: JET PARTS, INC. 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01First time form 5500 has been submittedYes
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: JET PARTS, INC. 401(K) PROFIT SHARING 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
2008: JET PARTS, INC. 401(K) PROFIT SHARING PLAN 2008 form 5500 responses
2008-01-01Type of plan entitySingle employer plan
2008-01-01Submission has been amendedNo
2008-01-01This submission is the final filingNo
2008-01-01This return/report is a short plan year return/report (less than 12 months)No
2008-01-01Plan is a collectively bargained planNo
2008-01-01Plan funding arrangement – TrustYes
2008-01-01Plan benefit arrangement - TrustYes
2007: JET PARTS, INC. 401(K) PROFIT SHARING PLAN 2007 form 5500 responses
2007-01-01Type of plan entitySingle employer plan
2007-01-01Submission has been amendedNo
2007-01-01This submission is the final filingNo
2007-01-01This return/report is a short plan year return/report (less than 12 months)No
2007-01-01Plan is a collectively bargained planNo
2007-01-01Plan funding arrangement – TrustYes
2007-01-01Plan benefit arrangement - TrustYes

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