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THE NEW WOOD COMPANY 401K PLAN 401k Plan overview

Plan NameTHE NEW WOOD COMPANY 401K PLAN
Plan identification number 001

THE NEW WOOD COMPANY 401K PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.

401k Sponsoring company profile

THE NEW WOOD COMPANY has sponsored the creation of one or more 401k plans.

Company Name:THE NEW WOOD COMPANY
Employer identification number (EIN):133270565

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE NEW WOOD COMPANY 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012008-01-01PETER DOWNS

Plan Statistics for THE NEW WOOD COMPANY 401K PLAN

401k plan membership statisitcs for THE NEW WOOD COMPANY 401K PLAN

Measure Date Value
2008: THE NEW WOOD COMPANY 401K PLAN 2008 401k membership
Total participants, beginning-of-year2008-01-0115
Total number of active participants reported on line 7a of the Form 55002008-01-0112
Number of retired or separated participants receiving benefits2008-01-010
Number of other retired or separated participants entitled to future benefits2008-01-010
Total of all active and inactive participants2008-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2008-01-010
Total participants2008-01-0112
Number of participants with account balances2008-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2008-01-010

Financial Data on THE NEW WOOD COMPANY 401K PLAN

Measure Date Value
2008 : THE NEW WOOD COMPANY 401K PLAN 2008 401k financial data
Transfers to/from the plan2008-12-31$0
Total income from all sources2008-12-31$-1,927
Expenses. Total of all expenses incurred2008-12-31$16,955
Benefits paid (including direct rollovers)2008-12-31$16,955
Total plan assets at end of year2008-12-31$152,142
Total plan assets at beginning of year2008-12-31$171,024
Value of fidelity bond covering the plan2008-12-31$20,000
Total contributions received or receivable from participants2008-12-31$44,520
Expenses. Other expenses not covered elsewhere2008-12-31$0
Contributions received from other sources (not participants or employers)2008-12-31$0
Other income received2008-12-31$-71,915
Net income (gross income less expenses)2008-12-31$-18,882
Net plan assets at end of year (total assets less liabilities)2008-12-31$152,142
Net plan assets at beginning of year (total assets less liabilities)2008-12-31$171,024
Total contributions received or receivable from employer(s)2008-12-31$25,468
Value of certain deemed distributions of participant loans2008-12-31$0
Value of corrective distributions2008-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2008-12-31$0

Form 5500 Responses for THE NEW WOOD COMPANY 401K PLAN

2008: THE NEW WOOD COMPANY 401K PLAN 2008 form 5500 responses
2008-01-01Type of plan entitySingle employer plan
2008-01-01Submission has been amendedNo
2008-01-01This submission is the final filingNo
2008-01-01This return/report is a short plan year return/report (less than 12 months)No
2008-01-01Plan is a collectively bargained planNo
2008-01-01Plan funding arrangement – InsuranceYes
2008-01-01Plan funding arrangement – TrustYes
2008-01-01Plan benefit arrangement – InsuranceYes

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