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DASAM INC 401(K) PLAN 401k Plan overview

Plan NameDASAM INC 401(K) PLAN
Plan identification number 001

DASAM 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.
  • Plan covering Self-Employed individuals.
  • 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) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

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

Company Name:DASAM INC
Employer identification number (EIN):813960969
NAIC Classification:722511
NAIC Description:Full-Service Restaurants

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DASAM INC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-07-01
0012017-07-01
0012016-09-17DARRYL MCDANIEL DARRYL MCDANIEL2018-04-17

Plan Statistics for DASAM INC 401(K) PLAN

401k plan membership statisitcs for DASAM INC 401(K) PLAN

Measure Date Value
2018: DASAM INC 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-07-016
Total number of active participants reported on line 7a of the Form 55002018-07-013
Number of retired or separated participants receiving benefits2018-07-010
Number of other retired or separated participants entitled to future benefits2018-07-010
Total of all active and inactive participants2018-07-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-07-010
Total participants2018-07-013
Number of participants with account balances2018-07-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-07-010
2017: DASAM 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 55002017-07-014
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 participants2017-07-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-07-010
Total participants2017-07-014
Number of participants with account balances2017-07-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-07-010
2016: DASAM INC 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-09-170
Total number of active participants reported on line 7a of the Form 55002016-09-171
Number of retired or separated participants receiving benefits2016-09-170
Number of other retired or separated participants entitled to future benefits2016-09-170
Total of all active and inactive participants2016-09-171
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-09-170
Total participants2016-09-171
Number of participants with account balances2016-09-171
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-09-170

Financial Data on DASAM INC 401(K) PLAN

Measure Date Value
2019 : DASAM INC 401(K) PLAN 2019 401k financial data
Transfers to/from the plan2019-06-30$0
Total plan liabilities at end of year2019-06-30$0
Total plan liabilities at beginning of year2019-06-30$0
Total income from all sources2019-06-30$-6,994
Expenses. Total of all expenses incurred2019-06-30$0
Benefits paid (including direct rollovers)2019-06-30$0
Total plan assets at end of year2019-06-30$154,830
Total plan assets at beginning of year2019-06-30$161,824
Total contributions received or receivable from participants2019-06-30$0
Expenses. Other expenses not covered elsewhere2019-06-30$0
Contributions received from other sources (not participants or employers)2019-06-30$0
Other income received2019-06-30$-6,994
Noncash contributions received2019-06-30$0
Net income (gross income less expenses)2019-06-30$-6,994
Net plan assets at end of year (total assets less liabilities)2019-06-30$154,830
Net plan assets at beginning of year (total assets less liabilities)2019-06-30$161,824
Assets. Value of employer securities2019-06-30$154,830
Total contributions received or receivable from employer(s)2019-06-30$0
Value of certain deemed distributions of participant loans2019-06-30$0
Value of corrective distributions2019-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-06-30$0
2017 : DASAM INC 401(K) PLAN 2017 401k financial data
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$92,778
Expenses. Total of all expenses incurred2017-06-30$30
Benefits paid (including direct rollovers)2017-06-30$0
Total plan assets at end of year2017-06-30$92,748
Total plan assets at beginning of year2017-06-30$0
Total contributions received or receivable from participants2017-06-30$0
Expenses. Other expenses not covered elsewhere2017-06-30$30
Contributions received from other sources (not participants or employers)2017-06-30$44,689
Other income received2017-06-30$48,089
Noncash contributions received2017-06-30$0
Net income (gross income less expenses)2017-06-30$92,748
Net plan assets at end of year (total assets less liabilities)2017-06-30$92,748
Net plan assets at beginning of year (total assets less liabilities)2017-06-30$0
Assets. Value of employer securities2017-06-30$92,701
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 DASAM INC 401(K) PLAN

2018: DASAM INC 401(K) PLAN 2018 form 5500 responses
2018-07-01Type of plan entitySingle employer plan
2018-07-01Submission has been amendedNo
2018-07-01This submission is the final filingNo
2018-07-01This return/report is a short plan year return/report (less than 12 months)No
2018-07-01Plan is a collectively bargained planNo
2018-07-01Plan funding arrangement – TrustYes
2018-07-01Plan benefit arrangement - TrustYes
2017: DASAM 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 filingNo
2017-07-01This return/report is a short plan year return/report (less than 12 months)No
2017-07-01Plan is a collectively bargained planNo
2017-07-01Plan funding arrangement – TrustYes
2017-07-01Plan benefit arrangement - TrustYes
2016: DASAM INC 401(K) PLAN 2016 form 5500 responses
2016-09-17Type of plan entitySingle employer plan
2016-09-17First time form 5500 has been submittedYes
2016-09-17Submission has been amendedNo
2016-09-17This submission is the final filingNo
2016-09-17This return/report is a short plan year return/report (less than 12 months)Yes
2016-09-17Plan is a collectively bargained planNo
2016-09-17Plan funding arrangement – TrustYes
2016-09-17Plan benefit arrangement - TrustYes

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