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THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 401k Plan overview

Plan NameTHOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN
Plan identification number 001

THOMAS C. OLSON COMPANY EMPLOYEES 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.
  • 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.

401k Sponsoring company profile

THOMAS C. OLSON COMPANY has sponsored the creation of one or more 401k plans.

Company Name:THOMAS C. OLSON COMPANY
Employer identification number (EIN):390517300
NAIC Classification:453990

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012020-01-01GERALD TJUGUM2021-02-18
0012019-01-01
0012018-01-01GERALD TJUGUM
0012017-01-01GERALD TJUGUM
0012016-01-01GERALD TJUGUM
0012015-01-01GERALD TJUGUM
0012014-01-01GERALD TJUGUM
0012013-01-01GERALD TJUGUM
0012012-01-01GERALD TJUGUM
0012011-01-01GERALD TJUGUM
0012009-01-01GERALD TJUGUM

Plan Statistics for THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN

401k plan membership statisitcs for THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN

Measure Date Value
2019: THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-014
Total number of active participants reported on line 7a of the Form 55002019-01-014
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-014
Number of participants with account balances2019-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-015
Total number of active participants reported on line 7a of the Form 55002018-01-014
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-014
Number of participants with account balances2018-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-015
Total number of active participants reported on line 7a of the Form 55002017-01-015
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-015
Number of participants with account balances2017-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-015
Total number of active participants reported on line 7a of the Form 55002016-01-015
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 participants2016-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-015
Number of participants with account balances2016-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-015
Total number of active participants reported on line 7a of the Form 55002015-01-015
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-015
Number of participants with account balances2015-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-015
Total number of active participants reported on line 7a of the Form 55002014-01-015
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-015
Number of participants with account balances2014-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-015
Total number of active participants reported on line 7a of the Form 55002013-01-015
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-015
Number of participants with account balances2013-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-015
Total number of active participants reported on line 7a of the Form 55002012-01-015
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-015
Number of participants with account balances2012-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-015
Total number of active participants reported on line 7a of the Form 55002011-01-015
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-015
Number of participants with account balances2011-01-015
2009: THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-015
Total number of active participants reported on line 7a of the Form 55002009-01-015
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-015
Number of participants with account balances2009-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN

Measure Date Value
2019 : THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources2019-12-31$262,496
Expenses. Total of all expenses incurred2019-12-31$25,635
Benefits paid (including direct rollovers)2019-12-31$14,310
Total plan assets at end of year2019-12-31$1,333,358
Total plan assets at beginning of year2019-12-31$1,096,497
Value of fidelity bond covering the plan2019-12-31$100,000
Other income received2019-12-31$262,496
Net income (gross income less expenses)2019-12-31$236,861
Net plan assets at end of year (total assets less liabilities)2019-12-31$1,333,358
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,096,497
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$11,325
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources2018-12-31$-54,660
Expenses. Total of all expenses incurred2018-12-31$47,399
Benefits paid (including direct rollovers)2018-12-31$35,996
Total plan assets at end of year2018-12-31$1,096,497
Total plan assets at beginning of year2018-12-31$1,198,556
Value of fidelity bond covering the plan2018-12-31$100,000
Other income received2018-12-31$-54,660
Net income (gross income less expenses)2018-12-31$-102,059
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,096,497
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,198,556
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$11,403
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources2017-12-31$158,693
Expenses. Total of all expenses incurred2017-12-31$10,009
Total plan assets at end of year2017-12-31$1,198,556
Total plan assets at beginning of year2017-12-31$1,049,872
Value of fidelity bond covering the plan2017-12-31$100,000
Other income received2017-12-31$158,693
Net income (gross income less expenses)2017-12-31$148,684
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,198,556
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,049,872
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$10,009
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-12-31$21,886
Expenses. Total of all expenses incurred2016-12-31$9,792
Total plan assets at end of year2016-12-31$1,049,872
Total plan assets at beginning of year2016-12-31$1,037,778
Value of fidelity bond covering the plan2016-12-31$100,000
Other income received2016-12-31$21,886
Net income (gross income less expenses)2016-12-31$12,094
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,049,872
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,037,778
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$9,792
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-12-31$28,179
Expenses. Total of all expenses incurred2015-12-31$10,758
Total plan assets at end of year2015-12-31$1,037,778
Total plan assets at beginning of year2015-12-31$1,020,357
Value of fidelity bond covering the plan2015-12-31$100,000
Other income received2015-12-31$28,179
Net income (gross income less expenses)2015-12-31$17,421
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,037,778
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,020,357
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$10,758
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$80,015
Expenses. Total of all expenses incurred2014-12-31$9,186
Total plan assets at end of year2014-12-31$1,020,357
Total plan assets at beginning of year2014-12-31$949,528
Value of fidelity bond covering the plan2014-12-31$100,000
Other income received2014-12-31$80,015
Net income (gross income less expenses)2014-12-31$70,829
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,020,357
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$949,528
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$9,186
2013 : THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$199,827
Expenses. Total of all expenses incurred2013-12-31$8,062
Total plan assets at end of year2013-12-31$949,528
Total plan assets at beginning of year2013-12-31$757,763
Value of fidelity bond covering the plan2013-12-31$75,000
Other income received2013-12-31$187,773
Net income (gross income less expenses)2013-12-31$191,765
Net plan assets at end of year (total assets less liabilities)2013-12-31$949,528
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$757,763
Total contributions received or receivable from employer(s)2013-12-31$12,054
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$8,062
2012 : THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$90,162
Expenses. Total of all expenses incurred2012-12-31$7,218
Total plan assets at end of year2012-12-31$757,763
Total plan assets at beginning of year2012-12-31$674,819
Value of fidelity bond covering the plan2012-12-31$75,000
Other income received2012-12-31$90,162
Net income (gross income less expenses)2012-12-31$82,944
Net plan assets at end of year (total assets less liabilities)2012-12-31$757,763
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$674,819
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$7,218
2011 : THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$-6,141
Expenses. Total of all expenses incurred2011-12-31$7,006
Total plan assets at end of year2011-12-31$674,819
Total plan assets at beginning of year2011-12-31$687,966
Value of fidelity bond covering the plan2011-12-31$75,000
Other income received2011-12-31$-14,880
Net income (gross income less expenses)2011-12-31$-13,147
Net plan assets at end of year (total assets less liabilities)2011-12-31$674,819
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$687,966
Total contributions received or receivable from employer(s)2011-12-31$8,739
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$7,006
2010 : THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$91,714
Expenses. Total of all expenses incurred2010-12-31$5,525
Total plan assets at end of year2010-12-31$687,966
Total plan assets at beginning of year2010-12-31$601,777
Value of fidelity bond covering the plan2010-12-31$75,000
Other income received2010-12-31$81,296
Net income (gross income less expenses)2010-12-31$86,189
Net plan assets at end of year (total assets less liabilities)2010-12-31$687,966
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$601,777
Total contributions received or receivable from employer(s)2010-12-31$10,418
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$5,525

Form 5500 Responses for THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN

2019: THOMAS C. OLSON COMPANY EMPLOYEES 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: THOMAS C. OLSON COMPANY EMPLOYEES 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: THOMAS C. OLSON COMPANY EMPLOYEES 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: THOMAS C. OLSON COMPANY EMPLOYEES 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: THOMAS C. OLSON COMPANY EMPLOYEES 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
2014: THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THOMAS C. OLSON COMPANY EMPLOYEES PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: THOMAS C. OLSON COMPANY EMPLOYEES 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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