Logo

DLC COMMERCIAL VENTURES CO. 401(K) PLAN 401k Plan overview

Plan NameDLC COMMERCIAL VENTURES CO. 401(K) PLAN
Plan identification number 001

DLC COMMERCIAL VENTURES CO. 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

DLC COMMERCIAL VENTURES CO. has sponsored the creation of one or more 401k plans.

Company Name:DLC COMMERCIAL VENTURES CO.
Employer identification number (EIN):870867248
NAIC Classification:812310
NAIC Description:Coin-Operated Laundries and Drycleaners

Additional information about DLC COMMERCIAL VENTURES CO.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2021-05-20
Company Identification Number: 0804075384
Legal Registered Office Address: 626 BOMAR ST

HOUSTON
United States of America (USA)
77006

More information about DLC COMMERCIAL VENTURES CO.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DLC COMMERCIAL VENTURES CO. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-05-21

Plan Statistics for DLC COMMERCIAL VENTURES CO. 401(K) PLAN

401k plan membership statisitcs for DLC COMMERCIAL VENTURES CO. 401(K) PLAN

Measure Date Value
2023: DLC COMMERCIAL VENTURES CO. 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-013
Total number of active participants reported on line 7a of the Form 55002023-01-013
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-010
Total of all active and inactive participants2023-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-013
Number of participants with account balances2023-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: DLC COMMERCIAL VENTURES CO. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-011
Total number of active participants reported on line 7a of the Form 55002022-01-013
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-013
Number of participants with account balances2022-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: DLC COMMERCIAL VENTURES CO. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-05-210
Total number of active participants reported on line 7a of the Form 55002021-05-211
Number of retired or separated participants receiving benefits2021-05-210
Number of other retired or separated participants entitled to future benefits2021-05-210
Total of all active and inactive participants2021-05-211
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-05-210
Total participants2021-05-211
Number of participants with account balances2021-05-211
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-05-210

Financial Data on DLC COMMERCIAL VENTURES CO. 401(K) PLAN

Measure Date Value
2023 : DLC COMMERCIAL VENTURES CO. 401(K) PLAN 2023 401k financial data
Transfers to/from the plan2023-12-31$0
Total plan liabilities at end of year2023-12-31$0
Total plan liabilities at beginning of year2023-12-31$0
Total income from all sources2023-12-31$-143,215
Expenses. Total of all expenses incurred2023-12-31$0
Benefits paid (including direct rollovers)2023-12-31$0
Total plan assets at end of year2023-12-31$225,643
Total plan assets at beginning of year2023-12-31$368,858
Value of fidelity bond covering the plan2023-12-31$40,000
Total contributions received or receivable from participants2023-12-31$0
Expenses. Other expenses not covered elsewhere2023-12-31$0
Contributions received from other sources (not participants or employers)2023-12-31$0
Other income received2023-12-31$-143,215
Noncash contributions received2023-12-31$0
Net income (gross income less expenses)2023-12-31$-143,215
Net plan assets at end of year (total assets less liabilities)2023-12-31$225,643
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$368,858
Assets. Value of employer securities2023-12-31$225,643
Total contributions received or receivable from employer(s)2023-12-31$0
Value of certain deemed distributions of participant loans2023-12-31$0
Value of corrective distributions2023-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$0
2022 : DLC COMMERCIAL VENTURES CO. 401(K) PLAN 2022 401k financial data
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$354,704
Expenses. Total of all expenses incurred2022-12-31$0
Total plan assets at end of year2022-12-31$368,859
Total plan assets at beginning of year2022-12-31$14,155
Other income received2022-12-31$354,704
Net income (gross income less expenses)2022-12-31$354,704
Net plan assets at end of year (total assets less liabilities)2022-12-31$368,859
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$14,155
Assets. Value of employer securities2022-12-31$368,859
2021 : DLC COMMERCIAL VENTURES CO. 401(K) PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$14,155
Expenses. Total of all expenses incurred2021-12-31$0
Benefits paid (including direct rollovers)2021-12-31$0
Total plan assets at end of year2021-12-31$14,155
Total plan assets at beginning of year2021-12-31$0
Total contributions received or receivable from participants2021-12-31$0
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$625,000
Other income received2021-12-31$-610,845
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$14,155
Net plan assets at end of year (total assets less liabilities)2021-12-31$14,155
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$0
Assets. Value of employer securities2021-12-31$14,155
Total contributions received or receivable from employer(s)2021-12-31$0
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$0

Form 5500 Responses for DLC COMMERCIAL VENTURES CO. 401(K) PLAN

2023: DLC COMMERCIAL VENTURES CO. 401(K) PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: DLC COMMERCIAL VENTURES CO. 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: DLC COMMERCIAL VENTURES CO. 401(K) PLAN 2021 form 5500 responses
2021-05-21Type of plan entitySingle employer plan
2021-05-21First time form 5500 has been submittedYes
2021-05-21Submission has been amendedNo
2021-05-21This submission is the final filingNo
2021-05-21This return/report is a short plan year return/report (less than 12 months)Yes
2021-05-21Plan is a collectively bargained planNo
2021-05-21Plan funding arrangement – TrustYes
2021-05-21Plan 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