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DOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameDOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 002

DOOR SYSTEMS, INC. 401(K) PROFIT SHARING 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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

DOOR SYSTEMS, INC has sponsored the creation of one or more 401k plans.

Company Name:DOOR SYSTEMS, INC
Employer identification number (EIN):042531608
NAIC Classification:423300

Additional information about DOOR SYSTEMS, INC

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 5405953

More information about DOOR SYSTEMS, INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01CHARLES SEGUIN2024-07-18
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01CSEGUIN24042020-06-16
0022019-01-01CHARLES SEGUIN2020-06-30
0022018-01-01CHARLES SEGUIN2019-06-03
0022017-01-01CHARLES SEGUIN2018-07-06
0022016-01-01CHARLES SEGUIN2017-07-21
0022015-01-01CHARLES SEGUIN2016-06-17
0022014-01-01RUSS PLATT2015-06-25
0022013-01-01RUSS PLATT2014-06-02
0022012-01-01RUSS PLATT2013-06-12
0022011-01-01RUSS PLATT2012-06-18
0022009-01-01RUSSELL PLATT LARS NIIT2010-07-12

Plan Statistics for DOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for DOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2022: DOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01158
Total number of active participants reported on line 7a of the Form 55002022-01-01146
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0120
Total of all active and inactive participants2022-01-01166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01166
Number of participants with account balances2022-01-0188
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0110
2021: DOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01130
Total number of active participants reported on line 7a of the Form 55002021-01-01111
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0118
Total of all active and inactive participants2021-01-01129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01129
Number of participants with account balances2021-01-0171
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-012
2020: DOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01131
Total number of active participants reported on line 7a of the Form 55002020-01-01113
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-019
Total of all active and inactive participants2020-01-01122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01122
Number of participants with account balances2020-01-0164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-017
2009: DOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0164
Total number of active participants reported on line 7a of the Form 55002009-01-0140
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0121
Total of all active and inactive participants2009-01-0161
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0161
Number of participants with account balances2009-01-0161
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-012

Financial Data on DOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2022 : DOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$0
Total transfer of assets from this plan2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-170,712
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$261,900
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$240,380
Expenses. Certain deemed distributions of participant loans2022-12-31$615
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$523,017
Value of total assets at end of year2022-12-31$3,764,979
Value of total assets at beginning of year2022-12-31$4,197,591
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$20,905
Total interest from all sources2022-12-31$11,145
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$150,555
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$150,555
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$420,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$445,915
Participant contributions at end of year2022-12-31$90,304
Participant contributions at beginning of year2022-12-31$90,903
Participant contributions at end of year2022-12-31$19,455
Participant contributions at beginning of year2022-12-31$8,912
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$14,964
Other income not declared elsewhere2022-12-31$18,830
Administrative expenses (other) incurred2022-12-31$20,905
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-432,612
Value of net assets at end of year (total assets less liabilities)2022-12-31$3,764,979
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$4,197,591
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$2,657,195
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$3,149,205
Interest on participant loans2022-12-31$4,924
Value of interest in common/collective trusts at end of year2022-12-31$439,598
Value of interest in common/collective trusts at beginning of year2022-12-31$525,413
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$557,201
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$422,294
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$422,294
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$6,221
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-776,887
Net investment gain or loss from common/collective trusts2022-12-31$-97,372
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$62,138
Employer contributions (assets) at end of year2022-12-31$1,226
Employer contributions (assets) at beginning of year2022-12-31$864
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$240,380
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31BOYUM BARENSCHEER PLLP
Accountancy firm EIN2022-12-31416192096
2021 : DOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets to this plan2021-12-31$0
Total transfer of assets from this plan2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$869,563
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$213,565
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$191,813
Expenses. Certain deemed distributions of participant loans2021-12-31$575
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$379,129
Value of total assets at end of year2021-12-31$4,197,591
Value of total assets at beginning of year2021-12-31$3,541,593
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$21,177
Total interest from all sources2021-12-31$4,625
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$189,996
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$189,996
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$355,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$317,289
Participant contributions at end of year2021-12-31$90,903
Participant contributions at beginning of year2021-12-31$71,792
Participant contributions at end of year2021-12-31$8,912
Participant contributions at beginning of year2021-12-31$4,956
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$14,693
Other income not declared elsewhere2021-12-31$18,414
Administrative expenses (other) incurred2021-12-31$21,177
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$655,998
Value of net assets at end of year (total assets less liabilities)2021-12-31$4,197,591
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$3,541,593
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$3,149,205
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$2,620,209
Interest on participant loans2021-12-31$4,614
Value of interest in common/collective trusts at end of year2021-12-31$525,413
Value of interest in common/collective trusts at beginning of year2021-12-31$424,467
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$422,294
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$419,356
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$419,356
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$11
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$157,330
Net investment gain or loss from common/collective trusts2021-12-31$120,069
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$47,147
Employer contributions (assets) at end of year2021-12-31$864
Employer contributions (assets) at beginning of year2021-12-31$813
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$191,813
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31BOYUM BARENSCHEER PLLP
Accountancy firm EIN2021-12-31416192096
2020 : DOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$0
Total transfer of assets from this plan2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$775,762
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$687,869
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$662,585
Expenses. Certain deemed distributions of participant loans2020-12-31$7,861
Value of total corrective distributions2020-12-31$1,426
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$298,054
Value of total assets at end of year2020-12-31$3,541,593
Value of total assets at beginning of year2020-12-31$3,453,700
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$15,997
Total interest from all sources2020-12-31$8,198
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$135,636
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$135,636
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$346,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$252,507
Participant contributions at end of year2020-12-31$71,792
Participant contributions at beginning of year2020-12-31$150,273
Participant contributions at end of year2020-12-31$4,956
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$6,383
Other income not declared elsewhere2020-12-31$14,672
Administrative expenses (other) incurred2020-12-31$15,997
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$87,893
Value of net assets at end of year (total assets less liabilities)2020-12-31$3,541,593
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$3,453,700
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$2,620,209
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$2,735,732
Interest on participant loans2020-12-31$7,956
Value of interest in common/collective trusts at end of year2020-12-31$424,467
Value of interest in common/collective trusts at beginning of year2020-12-31$425,613
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$419,356
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$142,082
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$142,082
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$242
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$249,253
Net investment gain or loss from common/collective trusts2020-12-31$69,949
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$39,164
Employer contributions (assets) at end of year2020-12-31$813
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$662,585
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31BOYUM BARENSCHEER, PLLP
Accountancy firm EIN2020-12-31416192096
2010 : DOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$276,203
Expenses. Total of all expenses incurred2010-12-31$148,492
Benefits paid (including direct rollovers)2010-12-31$141,525
Total plan assets at end of year2010-12-31$1,248,791
Total plan assets at beginning of year2010-12-31$1,121,080
Value of fidelity bond covering the plan2010-12-31$195,000
Total contributions received or receivable from participants2010-12-31$118,421
Expenses. Other expenses not covered elsewhere2010-12-31$5,275
Other income received2010-12-31$140,686
Net income (gross income less expenses)2010-12-31$127,711
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,248,791
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,121,080
Assets. Value of participant loans2010-12-31$84,828
Total contributions received or receivable from employer(s)2010-12-31$17,096
Value of corrective distributions2010-12-31$1,692
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : DOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for DOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

2022: DOOR SYSTEMS, INC. 401(K) PROFIT SHARING 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: DOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: DOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2009: DOOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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