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NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameNATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN
Plan identification number 001

NATURAL RESOURCES GROUP, INC. 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.
  • 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.
  • 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

NATURAL RESOURCES GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name:NATURAL RESOURCES GROUP, INC.
Employer identification number (EIN):383913830
NAIC Classification:115110

Additional information about NATURAL RESOURCES GROUP, INC.

Jurisdiction of Incorporation: Nevada Department of State
Incorporation Date: 1997-12-03
Company Identification Number: 19971337752
Legal Registered Office Address: 2235 E FLAMINGO RD STE 152

LAS VEGAS
United States of America (USA)
89119

More information about NATURAL RESOURCES GROUP, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01RICHARD MOSS2024-08-21
0012022-01-01RICHARD MOSS2023-10-04
0012021-01-01RODERIC A. MCISAAC2022-07-04
0012020-01-01RODERIC A. MCISAAC2021-05-05
0012019-01-01RODERIC A. MCISAAC2020-04-14
0012018-01-01
0012017-01-01
0012016-01-01WARREN HUTSON
0012015-01-01WARREN HUTSON

Plan Statistics for NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN

Measure Date Value
2021: NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0112
Total number of active participants reported on line 7a of the Form 55002021-01-0111
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0111
Number of participants with account balances2021-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0111
Total number of active participants reported on line 7a of the Form 55002020-01-019
Number of retired or separated participants receiving benefits2020-01-011
Number of other retired or separated participants entitled to future benefits2020-01-011
Total of all active and inactive participants2020-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0111
Number of participants with account balances2020-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-018
Total number of active participants reported on line 7a of the Form 55002019-01-018
Number of retired or separated participants receiving benefits2019-01-011
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-019
Number of participants with account balances2019-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-018
Total number of active participants reported on line 7a of the Form 55002018-01-016
Number of retired or separated participants receiving benefits2018-01-011
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-017
Number of participants with account balances2018-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-017
Total number of active participants reported on line 7a of the Form 55002017-01-016
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-012
Total of all active and inactive participants2017-01-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-018
Number of participants with account balances2017-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-017
Total number of active participants reported on line 7a of the Form 55002016-01-017
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-017
Number of participants with account balances2016-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-017
Total number of active participants reported on line 7a of the Form 55002015-01-016
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-011
Total of all active and inactive participants2015-01-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-017
Number of participants with account balances2015-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010

Financial Data on NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN

Measure Date Value
2021 : NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 2021 401k financial data
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$4,996
Total income from all sources2021-12-31$236,115
Expenses. Total of all expenses incurred2021-12-31$67,372
Benefits paid (including direct rollovers)2021-12-31$59,002
Total plan assets at end of year2021-12-31$1,084,611
Total plan assets at beginning of year2021-12-31$920,864
Value of fidelity bond covering the plan2021-12-31$108,461
Total contributions received or receivable from participants2021-12-31$26,595
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$124,559
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$168,743
Net plan assets at end of year (total assets less liabilities)2021-12-31$1,084,611
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$915,868
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022021-12-31$70,964
Total contributions received or receivable from employer(s)2021-12-31$84,961
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$8,370
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
2020 : NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 2020 401k financial data
Total plan liabilities at end of year2020-12-31$4,996
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$163,897
Expenses. Total of all expenses incurred2020-12-31$18,547
Benefits paid (including direct rollovers)2020-12-31$12,500
Total plan assets at end of year2020-12-31$920,864
Total plan assets at beginning of year2020-12-31$770,518
Value of fidelity bond covering the plan2020-12-31$91,587
Total contributions received or receivable from participants2020-12-31$86,643
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$24,320
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$145,350
Net plan assets at end of year (total assets less liabilities)2020-12-31$915,868
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$770,518
Total contributions received or receivable from employer(s)2020-12-31$52,934
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$6,047
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 2019 401k financial data
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$206,983
Expenses. Total of all expenses incurred2019-12-31$35,467
Benefits paid (including direct rollovers)2019-12-31$30,000
Total plan assets at end of year2019-12-31$770,518
Total plan assets at beginning of year2019-12-31$599,002
Value of fidelity bond covering the plan2019-12-31$65,375
Total contributions received or receivable from participants2019-12-31$0
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$85,350
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$171,516
Net plan assets at end of year (total assets less liabilities)2019-12-31$770,518
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$599,002
Total contributions received or receivable from employer(s)2019-12-31$121,633
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$5,467
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 2018 401k financial data
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$-3,750
Expenses. Total of all expenses incurred2018-12-31$167,477
Benefits paid (including direct rollovers)2018-12-31$161,405
Total plan assets at end of year2018-12-31$599,002
Total plan assets at beginning of year2018-12-31$770,229
Value of fidelity bond covering the plan2018-12-31$59,900
Total contributions received or receivable from participants2018-12-31$0
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-48,591
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-171,227
Net plan assets at end of year (total assets less liabilities)2018-12-31$599,002
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$770,229
Total contributions received or receivable from employer(s)2018-12-31$44,841
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$6,072
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 2017 401k financial data
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$121,211
Expenses. Total of all expenses incurred2017-12-31$10,306
Benefits paid (including direct rollovers)2017-12-31$4,303
Total plan assets at end of year2017-12-31$770,229
Total plan assets at beginning of year2017-12-31$659,324
Value of fidelity bond covering the plan2017-12-31$77,022
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$0
Other income received2017-12-31$75,548
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$110,905
Net plan assets at end of year (total assets less liabilities)2017-12-31$770,229
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$659,324
Total contributions received or receivable from employer(s)2017-12-31$45,663
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$6,003
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 2016 401k financial data
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$107,084
Expenses. Total of all expenses incurred2016-12-31$19,729
Benefits paid (including direct rollovers)2016-12-31$14,588
Total plan assets at end of year2016-12-31$659,324
Total plan assets at beginning of year2016-12-31$571,969
Value of fidelity bond covering the plan2016-12-31$65,932
Total contributions received or receivable from participants2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$61,956
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$87,355
Net plan assets at end of year (total assets less liabilities)2016-12-31$659,324
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$571,969
Total contributions received or receivable from employer(s)2016-12-31$45,128
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$5,141
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 2015 401k financial data
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$33,654
Expenses. Total of all expenses incurred2015-12-31$8,219
Benefits paid (including direct rollovers)2015-12-31$3,345
Total plan assets at end of year2015-12-31$571,969
Total plan assets at beginning of year2015-12-31$546,534
Value of fidelity bond covering the plan2015-12-31$57,197
Total contributions received or receivable from participants2015-12-31$0
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-6,855
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$25,435
Net plan assets at end of year (total assets less liabilities)2015-12-31$571,969
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$546,534
Total contributions received or receivable from employer(s)2015-12-31$40,509
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$4,874
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0

Form 5500 Responses for NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN

2021: NATURAL RESOURCES GROUP, INC. 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: NATURAL RESOURCES GROUP, INC. 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
2019: NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: NATURAL RESOURCES GROUP, INC. PROFIT SHARING 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: NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: NATURAL RESOURCES GROUP, INC. PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes

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