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NEVERTHELESS NOW INC. RETIREMENT PLAN 401k Plan overview

Plan NameNEVERTHELESS NOW INC. RETIREMENT PLAN
Plan identification number 001

NEVERTHELESS NOW INC. RETIREMENT 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.
  • 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

NEVERTHELESS NOW INC. has sponsored the creation of one or more 401k plans.

Company Name:NEVERTHELESS NOW INC.
Employer identification number (EIN):813423739
NAIC Classification:722511
NAIC Description:Full-Service Restaurants

Additional information about NEVERTHELESS NOW INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 2016-07-13
Company Identification Number: P16000059280
Legal Registered Office Address: 8814 CROSS LANDING LANE

RIVERVIEW

33578

More information about NEVERTHELESS NOW INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEVERTHELESS NOW INC. RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012019-01-01
0012018-01-01MICHAEL WOOD
0012017-01-01MICHAEL WOOD
0012016-08-01MICHAEL WOOD

Plan Statistics for NEVERTHELESS NOW INC. RETIREMENT PLAN

401k plan membership statisitcs for NEVERTHELESS NOW INC. RETIREMENT PLAN

Measure Date Value
2019: NEVERTHELESS NOW INC. RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-011
Total number of active participants reported on line 7a of the Form 55002019-01-010
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 participants2019-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-010
Number of participants with account balances2019-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: NEVERTHELESS NOW INC. RETIREMENT 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: NEVERTHELESS NOW INC. RETIREMENT 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: NEVERTHELESS NOW INC. RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year2016-08-011
Total number of active participants reported on line 7a of the Form 55002016-08-011
Number of retired or separated participants receiving benefits2016-08-010
Number of other retired or separated participants entitled to future benefits2016-08-010
Total of all active and inactive participants2016-08-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-08-010
Total participants2016-08-011
Number of participants with account balances2016-08-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-08-010

Financial Data on NEVERTHELESS NOW INC. RETIREMENT PLAN

Measure Date Value
2019 : NEVERTHELESS NOW INC. RETIREMENT PLAN 2019 401k financial data
Total income from all sources2019-12-31$-27,492
Expenses. Total of all expenses incurred2019-12-31$67,252
Benefits paid (including direct rollovers)2019-12-31$67,244
Total plan assets at end of year2019-12-31$0
Total plan assets at beginning of year2019-12-31$94,744
Total contributions received or receivable from participants2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$-27,492
Net income (gross income less expenses)2019-12-31$-94,744
Net plan assets at end of year (total assets less liabilities)2019-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$94,744
Assets. Value of employer securities2019-12-31$0
Total contributions received or receivable from employer(s)2019-12-31$0
Value of certain deemed distributions of participant loans2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$8
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : NEVERTHELESS NOW INC. RETIREMENT PLAN 2018 401k financial data
Total income from all sources2018-12-31$-13,447
Expenses. Total of all expenses incurred2018-12-31$0
Benefits paid (including direct rollovers)2018-12-31$0
Total plan assets at end of year2018-12-31$94,744
Total plan assets at beginning of year2018-12-31$108,191
Total contributions received or receivable from participants2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-13,447
Net income (gross income less expenses)2018-12-31$-13,447
Net plan assets at end of year (total assets less liabilities)2018-12-31$94,744
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$108,191
Assets. Value of employer securities2018-12-31$94,744
Total contributions received or receivable from employer(s)2018-12-31$0
Value of certain deemed distributions of participant loans2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$0
2017 : NEVERTHELESS NOW INC. RETIREMENT PLAN 2017 401k financial data
Total income from all sources2017-12-31$-1
Expenses. Total of all expenses incurred2017-12-31$0
Benefits paid (including direct rollovers)2017-12-31$0
Total plan assets at end of year2017-12-31$108,191
Total plan assets at beginning of year2017-12-31$108,192
Total contributions received or receivable from participants2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$-1
Net income (gross income less expenses)2017-12-31$-1
Net plan assets at end of year (total assets less liabilities)2017-12-31$108,191
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$108,192
Assets. Value of employer securities2017-12-31$108,191
Total contributions received or receivable from employer(s)2017-12-31$0
Value of certain deemed distributions of participant loans2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$0
2016 : NEVERTHELESS NOW INC. RETIREMENT PLAN 2016 401k financial data
Total income from all sources2016-12-31$108,207
Expenses. Total of all expenses incurred2016-12-31$15
Benefits paid (including direct rollovers)2016-12-31$0
Total plan assets at end of year2016-12-31$108,192
Total contributions received or receivable from participants2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$108,556
Other income received2016-12-31$-349
Net income (gross income less expenses)2016-12-31$108,192
Net plan assets at end of year (total assets less liabilities)2016-12-31$108,192
Assets. Value of employer securities2016-12-31$108,191
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$15

Form 5500 Responses for NEVERTHELESS NOW INC. RETIREMENT PLAN

2019: NEVERTHELESS NOW INC. RETIREMENT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01This submission is the final filingYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: NEVERTHELESS NOW INC. RETIREMENT 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
2017: NEVERTHELESS NOW INC. RETIREMENT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: NEVERTHELESS NOW INC. RETIREMENT PLAN 2016 form 5500 responses
2016-08-01Type of plan entitySingle employer plan
2016-08-01First time form 5500 has been submittedYes
2016-08-01This return/report is a short plan year return/report (less than 12 months)Yes
2016-08-01Plan funding arrangement – TrustYes
2016-08-01Plan benefit arrangement - TrustYes

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