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TRGT VENTURES INC. 401(K) PLAN 401k Plan overview

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

TRGT VENTURES INC. 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.
  • 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

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

Company Name:TRGT VENTURES INC.
Employer identification number (EIN):813510347
NAIC Classification:722300
NAIC Description: Special Food Services

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-07-01
0012016-07-29TROY BRUINSMA TROY BRUINSMA2018-04-17

Plan Statistics for TRGT VENTURES INC. 401(K) PLAN

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

Measure Date Value
2017: TRGT VENTURES INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-07-011
Total number of active participants reported on line 7a of the Form 55002017-07-010
Number of retired or separated participants receiving benefits2017-07-010
Number of other retired or separated participants entitled to future benefits2017-07-010
Total of all active and inactive participants2017-07-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-07-010
Total participants2017-07-010
Number of participants with account balances2017-07-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-07-010
2016: TRGT VENTURES INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-07-290
Total number of active participants reported on line 7a of the Form 55002016-07-291
Number of retired or separated participants receiving benefits2016-07-290
Number of other retired or separated participants entitled to future benefits2016-07-290
Total of all active and inactive participants2016-07-291
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-07-290
Total participants2016-07-291
Number of participants with account balances2016-07-291
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-07-290

Financial Data on TRGT VENTURES INC. 401(K) PLAN

Measure Date Value
2018 : TRGT VENTURES INC. 401(K) PLAN 2018 401k financial data
Transfers to/from the plan2018-02-05$0
Total plan liabilities at end of year2018-02-05$0
Total plan liabilities at beginning of year2018-02-05$0
Total income from all sources2018-02-05$-65,324
Expenses. Total of all expenses incurred2018-02-05$0
Benefits paid (including direct rollovers)2018-02-05$0
Total plan assets at end of year2018-02-05$0
Total plan assets at beginning of year2018-02-05$65,324
Value of fidelity bond covering the plan2018-02-05$115
Total contributions received or receivable from participants2018-02-05$0
Expenses. Other expenses not covered elsewhere2018-02-05$0
Contributions received from other sources (not participants or employers)2018-02-05$0
Other income received2018-02-05$-65,324
Noncash contributions received2018-02-05$0
Net income (gross income less expenses)2018-02-05$-65,324
Net plan assets at end of year (total assets less liabilities)2018-02-05$0
Net plan assets at beginning of year (total assets less liabilities)2018-02-05$65,324
Total contributions received or receivable from employer(s)2018-02-05$0
Value of certain deemed distributions of participant loans2018-02-05$0
Value of corrective distributions2018-02-05$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-02-05$0
2017 : TRGT VENTURES INC. 401(K) PLAN 2017 401k financial data
Transfers to/from the plan2017-06-30$0
Total plan liabilities at end of year2017-06-30$0
Total plan liabilities at beginning of year2017-06-30$0
Total income from all sources2017-06-30$65,384
Expenses. Total of all expenses incurred2017-06-30$60
Benefits paid (including direct rollovers)2017-06-30$0
Total plan assets at end of year2017-06-30$65,324
Total plan assets at beginning of year2017-06-30$0
Value of fidelity bond covering the plan2017-06-30$6,533
Total contributions received or receivable from participants2017-06-30$0
Expenses. Other expenses not covered elsewhere2017-06-30$60
Contributions received from other sources (not participants or employers)2017-06-30$89,256
Other income received2017-06-30$-23,872
Noncash contributions received2017-06-30$0
Net income (gross income less expenses)2017-06-30$65,324
Net plan assets at end of year (total assets less liabilities)2017-06-30$65,324
Net plan assets at beginning of year (total assets less liabilities)2017-06-30$0
Assets. Value of employer securities2017-06-30$65,324
Total contributions received or receivable from employer(s)2017-06-30$0
Value of certain deemed distributions of participant loans2017-06-30$0
Value of corrective distributions2017-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-06-30$0

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

2017: TRGT VENTURES INC. 401(K) PLAN 2017 form 5500 responses
2017-07-01Type of plan entitySingle employer plan
2017-07-01Submission has been amendedNo
2017-07-01This submission is the final filingYes
2017-07-01This return/report is a short plan year return/report (less than 12 months)Yes
2017-07-01Plan is a collectively bargained planNo
2017-07-01Plan funding arrangement – TrustYes
2017-07-01Plan benefit arrangement - TrustYes
2016: TRGT VENTURES INC. 401(K) PLAN 2016 form 5500 responses
2016-07-29Type of plan entitySingle employer plan
2016-07-29First time form 5500 has been submittedYes
2016-07-29Submission has been amendedNo
2016-07-29This submission is the final filingNo
2016-07-29This return/report is a short plan year return/report (less than 12 months)Yes
2016-07-29Plan is a collectively bargained planNo
2016-07-29Plan funding arrangement – TrustYes
2016-07-29Plan benefit arrangement - TrustYes

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