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HUGHES VENTURES, INC. 401(K) PLAN 401k Plan overview

Plan NameHUGHES VENTURES, INC. 401(K) PLAN
Plan identification number 001

HUGHES VENTURES, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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

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

Company Name:HUGHES VENTURES, INC.
Employer identification number (EIN):800809611
NAIC Classification:339900

Additional information about HUGHES VENTURES, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2012-04-17
Company Identification Number: 0801583583
Legal Registered Office Address: 548 FOREST CENTER PLZ

GARLAND
United States of America (USA)
75042

More information about HUGHES VENTURES, INC.

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01GARTH HUGHES
0012016-01-01GARTH HUGHES
0012015-01-01GARTH HUGHES
0012014-01-01GARTH HUGHES
0012013-01-01GARTH HUGHES
0012012-01-01GARTH HUGHES

Plan Statistics for HUGHES VENTURES, INC. 401(K) PLAN

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

Measure Date Value
2021: HUGHES VENTURES, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-011
Total number of active participants reported on line 7a of the Form 55002021-01-011
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-011
Number of participants with account balances2021-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: HUGHES VENTURES, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-011
Total number of active participants reported on line 7a of the Form 55002020-01-011
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-011
Number of participants with account balances2020-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: HUGHES VENTURES, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-011
Total number of active participants reported on line 7a of the Form 55002019-01-011
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-011
Number of participants with account balances2019-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: HUGHES VENTURES, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-011
Total number of active participants reported on line 7a of the Form 55002018-01-011
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 participants2018-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-011
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
2017: HUGHES VENTURES, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-011
Total number of active participants reported on line 7a of the Form 55002017-01-011
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 participants2017-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-011
Number of participants with account balances2017-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: HUGHES VENTURES, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-011
Total number of active participants reported on line 7a of the Form 55002016-01-011
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 participants2016-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-011
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: HUGHES VENTURES, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-011
Total number of active participants reported on line 7a of the Form 55002015-01-011
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-011
Number of participants with account balances2015-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: HUGHES VENTURES, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-011
Total number of active participants reported on line 7a of the Form 55002014-01-011
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-011
Number of participants with account balances2014-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: HUGHES VENTURES, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-011
Total number of active participants reported on line 7a of the Form 55002013-01-011
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-011
Number of participants with account balances2013-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: HUGHES VENTURES, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-010
Total number of active participants reported on line 7a of the Form 55002012-01-011
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-011
Number of participants with account balances2012-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010

Financial Data on HUGHES VENTURES, INC. 401(K) PLAN

Measure Date Value
2021 : HUGHES VENTURES, INC. 401(K) PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total income from all sources2021-12-31$303,115
Expenses. Total of all expenses incurred2021-12-31$0
Total plan assets at end of year2021-12-31$823,500
Total plan assets at beginning of year2021-12-31$520,385
Other income received2021-12-31$303,115
Net income (gross income less expenses)2021-12-31$303,115
Net plan assets at end of year (total assets less liabilities)2021-12-31$823,500
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$520,385
Assets. Value of employer securities2021-12-31$520,385
2020 : HUGHES VENTURES, INC. 401(K) PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total income from all sources2020-12-31$-325,000
Expenses. Total of all expenses incurred2020-12-31$0
Total plan assets at end of year2020-12-31$520,385
Total plan assets at beginning of year2020-12-31$845,385
Other income received2020-12-31$-325,000
Net income (gross income less expenses)2020-12-31$-325,000
Net plan assets at end of year (total assets less liabilities)2020-12-31$520,385
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$845,385
Assets. Value of employer securities2020-12-31$519,000
2019 : HUGHES VENTURES, INC. 401(K) PLAN 2019 401k financial data
Total income from all sources2019-12-31$150,096
Expenses. Total of all expenses incurred2019-12-31$0
Total plan assets at end of year2019-12-31$845,385
Total plan assets at beginning of year2019-12-31$695,289
Other income received2019-12-31$150,096
Net income (gross income less expenses)2019-12-31$150,096
Net plan assets at end of year (total assets less liabilities)2019-12-31$845,385
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$695,289
Assets. Value of employer securities2019-12-31$844,000
2018 : HUGHES VENTURES, INC. 401(K) PLAN 2018 401k financial data
Total income from all sources2018-12-31$297,619
Expenses. Total of all expenses incurred2018-12-31$0
Total plan assets at end of year2018-12-31$695,829
Total plan assets at beginning of year2018-12-31$398,210
Other income received2018-12-31$297,619
Net income (gross income less expenses)2018-12-31$297,619
Net plan assets at end of year (total assets less liabilities)2018-12-31$695,829
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$398,210
Assets. Value of employer securities2018-12-31$694,444
2017 : HUGHES VENTURES, INC. 401(K) PLAN 2017 401k financial data
Total income from all sources2017-12-31$148,313
Expenses. Total of all expenses incurred2017-12-31$0
Total plan assets at end of year2017-12-31$398,210
Total plan assets at beginning of year2017-12-31$249,897
Other income received2017-12-31$148,313
Net income (gross income less expenses)2017-12-31$148,313
Net plan assets at end of year (total assets less liabilities)2017-12-31$398,210
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$249,897
Assets. Value of employer securities2017-12-31$396,825
2016 : HUGHES VENTURES, INC. 401(K) PLAN 2016 401k financial data
Total income from all sources2016-12-31$46,200
Expenses. Total of all expenses incurred2016-12-31$0
Total plan assets at end of year2016-12-31$249,897
Total plan assets at beginning of year2016-12-31$203,697
Other income received2016-12-31$46,200
Net income (gross income less expenses)2016-12-31$46,200
Net plan assets at end of year (total assets less liabilities)2016-12-31$249,897
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$203,697
Assets. Value of employer securities2016-12-31$248,512
2015 : HUGHES VENTURES, INC. 401(K) PLAN 2015 401k financial data
Total income from all sources2015-12-31$6,405
Expenses. Total of all expenses incurred2015-12-31$0
Total plan assets at end of year2015-12-31$203,697
Total plan assets at beginning of year2015-12-31$197,292
Other income received2015-12-31$6,405
Net income (gross income less expenses)2015-12-31$6,405
Net plan assets at end of year (total assets less liabilities)2015-12-31$203,697
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$197,292
Assets. Value of employer securities2015-12-31$202,312
2014 : HUGHES VENTURES, INC. 401(K) PLAN 2014 401k financial data
Total income from all sources2014-12-31$-482,373
Expenses. Total of all expenses incurred2014-12-31$0
Total plan assets at end of year2014-12-31$197,292
Total plan assets at beginning of year2014-12-31$679,665
Other income received2014-12-31$-482,373
Net income (gross income less expenses)2014-12-31$-482,373
Net plan assets at end of year (total assets less liabilities)2014-12-31$197,292
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$679,665
Assets. Value of employer securities2014-12-31$195,907
2013 : HUGHES VENTURES, INC. 401(K) PLAN 2013 401k financial data
Total income from all sources2013-12-31$178,280
Expenses. Total of all expenses incurred2013-12-31$0
Total plan assets at end of year2013-12-31$679,665
Total plan assets at beginning of year2013-12-31$501,385
Other income received2013-12-31$178,280
Net income (gross income less expenses)2013-12-31$178,280
Net plan assets at end of year (total assets less liabilities)2013-12-31$679,665
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$501,385
Assets. Value of employer securities2013-12-31$678,280
2012 : HUGHES VENTURES, INC. 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$501,385
Expenses. Total of all expenses incurred2012-12-31$0
Total plan assets at end of year2012-12-31$501,385
Contributions received from other sources (not participants or employers)2012-12-31$501,385
Net income (gross income less expenses)2012-12-31$501,385
Net plan assets at end of year (total assets less liabilities)2012-12-31$501,385
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$0
Assets. Value of employer securities2012-12-31$500,000

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

2021: HUGHES VENTURES, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: HUGHES VENTURES, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: HUGHES VENTURES, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: HUGHES VENTURES, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: HUGHES VENTURES, INC. 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 filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: HUGHES VENTURES, INC. 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: HUGHES VENTURES, INC. 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: HUGHES VENTURES, INC. 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: HUGHES VENTURES, INC. 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: HUGHES VENTURES, INC. 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01First time form 5500 has been submittedYes
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

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