401k Plan data: SOUTH JERSEY WELDING SUPPLY COMPANY PROFIT SHARING PLAN plan

SOUTH JERSEY WELDING SUPPLY COMPANY PROFIT SHARING PLAN 401k Plan overview

Plan Name	SOUTH JERSEY WELDING SUPPLY COMPANY PROFIT SHARING PLAN
Plan identification number	003

SOUTH JERSEY WELDING SUPPLY COMPANY PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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

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

Company Name: THORNTON ENTERPRISES, INC.

Employer identification number (EIN): 222058141

NAIC Classification: 424990
NAIC Description: Other Miscellaneous Nondurable Goods Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTH JERSEY WELDING SUPPLY COMPANY PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2022-07-01 DAVID L. THORNTON 2023-10-25
003 2021-07-01 DAVID L. THORNTON 2022-09-27
003 2020-07-01 ROBERT THORNTON 2022-02-07
003 2019-07-01 B. DAVID THORNTON 2021-01-11
003 2018-07-01 B. DAVID THORNTON 2019-10-23
003 2017-07-01 B. DAVID THORNTON 2019-01-15
003 2016-07-01 B. DAVID THORNTON 2018-01-12
003 2015-07-01 B. DAVID THORNTON 2016-12-30
003 2014-07-01 B. DAVID THORNTON 2016-01-26
003 2013-07-01 B. DAVID THORNTON 2014-12-19
003 2012-07-01 B. DAVID THORNTON 2013-07-26
003 2011-07-01 B. DAVID THORNTON 2013-01-31
003 2009-07-01 B. DAVID THORNTON B. DAVID THORNTON 2010-11-12

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
003	2022-07-01	DAVID L. THORNTON	2023-10-25
003	2021-07-01	DAVID L. THORNTON	2022-09-27
003	2020-07-01	ROBERT THORNTON	2022-02-07
003	2019-07-01	B. DAVID THORNTON	2021-01-11
003	2018-07-01	B. DAVID THORNTON	2019-10-23
003	2017-07-01	B. DAVID THORNTON	2019-01-15
003	2016-07-01	B. DAVID THORNTON	2018-01-12
003	2015-07-01	B. DAVID THORNTON	2016-12-30
003	2014-07-01	B. DAVID THORNTON	2016-01-26
003	2013-07-01	B. DAVID THORNTON	2014-12-19
003	2012-07-01	B. DAVID THORNTON	2013-07-26
003	2011-07-01	B. DAVID THORNTON	2013-01-31
003	2009-07-01	B. DAVID THORNTON		B. DAVID THORNTON	2010-11-12

Plan Statistics for SOUTH JERSEY WELDING SUPPLY COMPANY PROFIT SHARING PLAN

401k plan membership statisitcs for SOUTH JERSEY WELDING SUPPLY COMPANY PROFIT SHARING PLAN

Measure Date Value
2009: SOUTH JERSEY WELDING SUPPLY COMPANY PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-07-01 44
Total number of active participants reported on line 7a of the Form 5500 2009-07-01 36
Number of other retired or separated participants entitled to future benefits 2009-07-01 4
Total of all active and inactive participants 2009-07-01 40
Total participants 2009-07-01 40
Number of participants with account balances 2009-07-01 46
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-07-01 4

Measure	Date	Value
2009: SOUTH JERSEY WELDING SUPPLY COMPANY PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-07-01	44
Total number of active participants reported on line 7a of the Form 5500	2009-07-01	36
Number of other retired or separated participants entitled to future benefits	2009-07-01	4
Total of all active and inactive participants	2009-07-01	40
Total participants	2009-07-01	40
Number of participants with account balances	2009-07-01	46
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-07-01	4

Financial Data on SOUTH JERSEY WELDING SUPPLY COMPANY PROFIT SHARING PLAN

Measure	Date	Value
2011 : SOUTH JERSEY WELDING SUPPLY COMPANY PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources	2011-06-30	$1,012,909
Expenses. Total of all expenses incurred	2011-06-30	$220,124
Benefits paid (including direct rollovers)	2011-06-30	$220,124
Total plan assets at end of year	2011-06-30	$5,842,929
Total plan assets at beginning of year	2011-06-30	$5,050,144
Value of fidelity bond covering the plan	2011-06-30	$500,000
Total contributions received or receivable from participants	2011-06-30	$428,938
Other income received	2011-06-30	$398,971
Net income (gross income less expenses)	2011-06-30	$792,785
Net plan assets at end of year (total assets less liabilities)	2011-06-30	$5,842,929
Net plan assets at beginning of year (total assets less liabilities)	2011-06-30	$5,050,144
Assets. Value of participant loans	2011-06-30	$46,712
Total contributions received or receivable from employer(s)	2011-06-30	$185,000

Form 5500 Responses for SOUTH JERSEY WELDING SUPPLY COMPANY PROFIT SHARING PLAN

2009: SOUTH JERSEY WELDING SUPPLY COMPANY PROFIT SHARING PLAN 2009 form 5500 responses
2009-07-01	Type of plan entity	Single employer plan
2009-07-01	This submission is the final filing	No
2009-07-01	Plan funding arrangement – Trust	Yes
2009-07-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

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

Company Name:	THORNTON ENTERPRISES, INC.
Employer identification number (EIN):	222058141
NAIC Classification:	424990
NAIC Description:	Other Miscellaneous Nondurable Goods Merchant Wholesalers