Logo

AGSOURCE ENTERPRISES INC 401(K) PLAN 401k Plan overview

Plan NameAGSOURCE ENTERPRISES INC 401(K) PLAN
Plan identification number 001

AGSOURCE ENTERPRISES 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

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

Company Name:AGSOURCE ENTERPRISES INC
Employer identification number (EIN):822086619
NAIC Classification:238300

Additional information about AGSOURCE ENTERPRISES INC

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2017-06-28
Company Identification Number: 0802756845
Legal Registered Office Address: 7794 CREEKVIEW DR

FRISCO
United States of America (USA)
75034

More information about AGSOURCE ENTERPRISES INC

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-01-01
0012017-06-29RICHARD PAVLASEK

Plan Statistics for AGSOURCE ENTERPRISES INC 401(K) PLAN

401k plan membership statisitcs for AGSOURCE ENTERPRISES INC 401(K) PLAN

Measure Date Value
2018: AGSOURCE ENTERPRISES 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 55002018-01-015
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 participants2018-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-015
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: AGSOURCE ENTERPRISES INC 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-06-290
Total number of active participants reported on line 7a of the Form 55002017-06-291
Number of retired or separated participants receiving benefits2017-06-290
Number of other retired or separated participants entitled to future benefits2017-06-290
Total of all active and inactive participants2017-06-291
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-06-290
Total participants2017-06-291
Number of participants with account balances2017-06-291
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-06-290

Financial Data on AGSOURCE ENTERPRISES INC 401(K) PLAN

Measure Date Value
2018 : AGSOURCE ENTERPRISES INC 401(K) PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$27,733
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$153,283
Total plan assets at beginning of year2018-12-31$125,550
Total contributions received or receivable from participants2018-12-31$11,350
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$16,383
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$27,733
Net plan assets at end of year (total assets less liabilities)2018-12-31$153,283
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$125,550
Assets. Value of employer securities2018-12-31$141,933
Total contributions received or receivable from employer(s)2018-12-31$0
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$0
2017 : AGSOURCE ENTERPRISES INC 401(K) PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$125,550
Expenses. Total of all expenses incurred2017-12-31$0
Total plan assets at end of year2017-12-31$125,550
Total plan assets at beginning of year2017-12-31$0
Total contributions received or receivable from participants2017-12-31$0
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$128,848
Other income received2017-12-31$-3,298
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$125,550
Net plan assets at end of year (total assets less liabilities)2017-12-31$125,550
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$0
Assets. Value of employer securities2017-12-31$125,550
Total contributions received or receivable from employer(s)2017-12-31$0
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$0

Form 5500 Responses for AGSOURCE ENTERPRISES INC 401(K) PLAN

2018: AGSOURCE ENTERPRISES 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: AGSOURCE ENTERPRISES INC 401(K) PLAN 2017 form 5500 responses
2017-06-29Type of plan entitySingle employer plan
2017-06-29First time form 5500 has been submittedYes
2017-06-29Submission has been amendedNo
2017-06-29This submission is the final filingNo
2017-06-29This return/report is a short plan year return/report (less than 12 months)Yes
2017-06-29Plan is a collectively bargained planNo
2017-06-29Plan funding arrangement – TrustYes
2017-06-29Plan benefit arrangement - TrustYes

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1