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THE 401(K) RETIREMENT PLAN 401k Plan overview

Plan NameTHE 401(K) RETIREMENT PLAN
Plan identification number 005

THE 401(K) RETIREMENT 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

BAYBERRY FINANCIAL SERVICES CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:BAYBERRY FINANCIAL SERVICES CORPORATION
Employer identification number (EIN):811010753
NAIC Classification:551112
NAIC Description:Offices of Other Holding Companies

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0052023-01-01
0052022-01-01
0052021-01-01
0052020-01-01
0052019-01-01
0052019-01-01
0052019-01-01
0052019-01-01
0052018-01-01
0052017-01-01
0052016-01-01

Plan Statistics for THE 401(K) RETIREMENT PLAN

401k plan membership statisitcs for THE 401(K) RETIREMENT PLAN

Measure Date Value
2023: THE 401(K) RETIREMENT PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01120
Total number of active participants reported on line 7a of the Form 55002023-01-0176
Number of retired or separated participants receiving benefits2023-01-0115
Number of other retired or separated participants entitled to future benefits2023-01-0191
Total of all active and inactive participants2023-01-01182
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-012
Total participants2023-01-01184
Number of participants with account balances2023-01-01161
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: THE 401(K) RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01567
Total number of active participants reported on line 7a of the Form 55002022-01-0175
Number of retired or separated participants receiving benefits2022-01-0118
Number of other retired or separated participants entitled to future benefits2022-01-01103
Total of all active and inactive participants2022-01-01196
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-012
Total participants2022-01-01198
Number of participants with account balances2022-01-01176
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: THE 401(K) RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01617
Total number of active participants reported on line 7a of the Form 55002021-01-01433
Number of retired or separated participants receiving benefits2021-01-012
Number of other retired or separated participants entitled to future benefits2021-01-01130
Total of all active and inactive participants2021-01-01565
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-012
Total participants2021-01-01567
Number of participants with account balances2021-01-01393
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: THE 401(K) RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01550
Total number of active participants reported on line 7a of the Form 55002020-01-01450
Number of retired or separated participants receiving benefits2020-01-011
Number of other retired or separated participants entitled to future benefits2020-01-01181
Total of all active and inactive participants2020-01-01632
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-012
Total participants2020-01-01634
Number of participants with account balances2020-01-01391
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: THE 401(K) RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01546
Total number of active participants reported on line 7a of the Form 55002019-01-01368
Number of retired or separated participants receiving benefits2019-01-011
Number of other retired or separated participants entitled to future benefits2019-01-01179
Total of all active and inactive participants2019-01-01548
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-012
Total participants2019-01-01550
Number of participants with account balances2019-01-01385
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: THE 401(K) RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01571
Total number of active participants reported on line 7a of the Form 55002018-01-01365
Number of retired or separated participants receiving benefits2018-01-011
Number of other retired or separated participants entitled to future benefits2018-01-01181
Total of all active and inactive participants2018-01-01547
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-012
Total participants2018-01-01549
Number of participants with account balances2018-01-01402
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: THE 401(K) RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01560
Total number of active participants reported on line 7a of the Form 55002017-01-01322
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-01244
Total of all active and inactive participants2017-01-01566
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-012
Total participants2017-01-01568
Number of participants with account balances2017-01-01402
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-011
2016: THE 401(K) RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01560
Total number of active participants reported on line 7a of the Form 55002016-01-01256
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-01298
Total of all active and inactive participants2016-01-01554
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-01555
Number of participants with account balances2016-01-01446
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010

Financial Data on THE 401(K) RETIREMENT PLAN

Measure Date Value
2023 : THE 401(K) RETIREMENT PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total income from all sources (including contributions)2023-12-31$3,207,239
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$2,117,041
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$2,101,464
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$911,090
Value of total assets at end of year2023-12-31$14,542,961
Value of total assets at beginning of year2023-12-31$13,452,763
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$15,577
Total interest from all sources2023-12-31$2,638
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$464,259
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2023-12-31$464,259
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$5,000,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$503,796
Participant contributions at end of year2023-12-31$39,914
Participant contributions at beginning of year2023-12-31$50,676
Income. Received or receivable in cash from other sources (including rollovers)2023-12-31$209,122
Total non interest bearing cash at end of year2023-12-31$3
Total non interest bearing cash at beginning of year2023-12-31$3
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$1,090,198
Value of net assets at end of year (total assets less liabilities)2023-12-31$14,542,961
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$13,452,763
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$14,019,744
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$12,692,774
Interest on participant loans2023-12-31$2,638
Value of interest in common/collective trusts at end of year2023-12-31$483,300
Value of interest in common/collective trusts at beginning of year2023-12-31$709,310
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$1,817,137
Net investment gain or loss from common/collective trusts2023-12-31$12,115
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31Yes
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$198,172
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$2,101,464
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31TAWNEY, PLLC
Accountancy firm EIN2023-12-31464585449
2022 : THE 401(K) RETIREMENT PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$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$0
Total income from all sources (including contributions)2022-12-31$-3,415,947
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$10,036,499
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$10,023,324
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$888,348
Value of total assets at end of year2022-12-31$13,452,763
Value of total assets at beginning of year2022-12-31$26,905,209
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$13,175
Total interest from all sources2022-12-31$4,968
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$600,338
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$600,338
Administrative expenses professional fees incurred2022-12-31$300
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$3,000,000
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$616,872
Participant contributions at end of year2022-12-31$50,676
Participant contributions at beginning of year2022-12-31$235,573
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$16,190
Administrative expenses (other) incurred2022-12-31$12,875
Total non interest bearing cash at end of year2022-12-31$3
Total non interest bearing cash at beginning of year2022-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-13,452,446
Value of net assets at end of year (total assets less liabilities)2022-12-31$13,452,763
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$26,905,209
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$12,692,774
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$25,961,407
Interest on participant loans2022-12-31$4,968
Value of interest in common/collective trusts at end of year2022-12-31$709,310
Value of interest in common/collective trusts at beginning of year2022-12-31$708,229
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-5,029,305
Net investment gain or loss from common/collective trusts2022-12-31$119,704
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 contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$255,286
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$10,023,324
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 name2022-12-31TAWNEY, PLLC
Accountancy firm EIN2022-12-31464585449
2021 : THE 401(K) RETIREMENT PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$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$6,192,294
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$3,750,737
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$3,745,687
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$2,463,330
Value of total assets at end of year2021-12-31$26,905,209
Value of total assets at beginning of year2021-12-31$24,463,652
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$5,050
Total interest from all sources2021-12-31$8,600
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$1,653,504
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$1,653,504
Administrative expenses professional fees incurred2021-12-31$300
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$3,000,000
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$1,367,544
Participant contributions at end of year2021-12-31$235,573
Participant contributions at beginning of year2021-12-31$178,192
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$476,344
Administrative expenses (other) incurred2021-12-31$4,750
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$2,441,557
Value of net assets at end of year (total assets less liabilities)2021-12-31$26,905,209
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$24,463,652
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$25,961,407
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$23,571,626
Interest on participant loans2021-12-31$8,600
Value of interest in common/collective trusts at end of year2021-12-31$708,229
Value of interest in common/collective trusts at beginning of year2021-12-31$713,834
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$2,055,649
Net investment gain or loss from common/collective trusts2021-12-31$11,211
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 contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$619,442
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$3,745,687
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 name2021-12-31PLANTE & MORAN, PLLC
Accountancy firm EIN2021-12-31381357951
2020 : THE 401(K) RETIREMENT PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$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$6,055,412
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$1,445,213
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$1,441,488
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$2,609,248
Value of total assets at end of year2020-12-31$24,463,652
Value of total assets at beginning of year2020-12-31$19,853,453
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$3,725
Total interest from all sources2020-12-31$10,317
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$930,719
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$930,719
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$3,000,000
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$1,469,795
Participant contributions at end of year2020-12-31$178,192
Participant contributions at beginning of year2020-12-31$246,015
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$462,795
Other income not declared elsewhere2020-12-31$1,211
Administrative expenses (other) incurred2020-12-31$3,725
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$4,610,199
Value of net assets at end of year (total assets less liabilities)2020-12-31$24,463,652
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$19,853,453
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$23,571,626
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$18,840,416
Interest on participant loans2020-12-31$10,317
Value of interest in common/collective trusts at end of year2020-12-31$713,834
Value of interest in common/collective trusts at beginning of year2020-12-31$767,022
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$2,490,072
Net investment gain or loss from common/collective trusts2020-12-31$13,845
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$676,658
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$1,441,488
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 plan2020-12-31Disclaimer
Accountancy firm name2020-12-31PLANTE & MORAN, PLLC
Accountancy firm EIN2020-12-31381357951
2019 : THE 401(K) RETIREMENT PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$5,985,363
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$2,539,524
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$2,534,063
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$2,313,256
Value of total assets at end of year2019-12-31$19,853,453
Value of total assets at beginning of year2019-12-31$16,407,614
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$5,461
Total interest from all sources2019-12-31$10,094
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$766,443
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$766,443
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$1,263,085
Participant contributions at end of year2019-12-31$246,015
Participant contributions at beginning of year2019-12-31$175,380
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$483,348
Administrative expenses (other) incurred2019-12-31$5,461
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$3,445,839
Value of net assets at end of year (total assets less liabilities)2019-12-31$19,853,453
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$16,407,614
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$18,840,416
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$15,711,848
Interest on participant loans2019-12-31$10,094
Value of interest in common/collective trusts at end of year2019-12-31$767,022
Value of interest in common/collective trusts at beginning of year2019-12-31$520,386
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$2,877,485
Net investment gain or loss from common/collective trusts2019-12-31$18,085
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$566,823
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$2,534,063
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31PLANTE & MORAN, PLLC
Accountancy firm EIN2019-12-31381357951
2018 : THE 401(K) RETIREMENT PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$694,956
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$2,482,995
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$2,477,865
Value of total corrective distributions2018-12-31$3,175
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,500,355
Value of total assets at end of year2018-12-31$16,407,614
Value of total assets at beginning of year2018-12-31$18,195,653
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$1,955
Total interest from all sources2018-12-31$4,708
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$909,252
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$909,252
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$1,074,712
Participant contributions at end of year2018-12-31$175,380
Participant contributions at beginning of year2018-12-31$88,227
Participant contributions at end of year2018-12-31$0
Participant contributions at beginning of year2018-12-31$16,801
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$53,856
Administrative expenses (other) incurred2018-12-31$1,955
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-1,788,039
Value of net assets at end of year (total assets less liabilities)2018-12-31$16,407,614
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$18,195,653
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$15,711,848
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$16,217,484
Interest on participant loans2018-12-31$4,708
Value of interest in common/collective trusts at end of year2018-12-31$520,386
Value of interest in common/collective trusts at beginning of year2018-12-31$1,868,930
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-1,735,726
Net investment gain or loss from common/collective trusts2018-12-31$16,367
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$371,787
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$4,211
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$2,477,865
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31PLANTE & MORAN, PLLC
Accountancy firm EIN2018-12-31381357951
2017 : THE 401(K) RETIREMENT PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$4,019,587
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$2,836,715
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$2,835,953
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,243,427
Value of total assets at end of year2017-12-31$18,195,653
Value of total assets at beginning of year2017-12-31$17,012,781
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$762
Total interest from all sources2017-12-31$2,860
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$670,925
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$670,925
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$2,500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$924,327
Participant contributions at end of year2017-12-31$88,227
Participant contributions at beginning of year2017-12-31$115,084
Participant contributions at end of year2017-12-31$16,801
Participant contributions at beginning of year2017-12-31$6,180
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$21,059
Administrative expenses (other) incurred2017-12-31$762
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$1,182,872
Value of net assets at end of year (total assets less liabilities)2017-12-31$18,195,653
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$17,012,781
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$16,217,484
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$14,741,056
Interest on participant loans2017-12-31$2,860
Value of interest in common/collective trusts at end of year2017-12-31$1,868,930
Value of interest in common/collective trusts at beginning of year2017-12-31$2,148,569
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,925,680
Net investment gain or loss from common/collective trusts2017-12-31$176,695
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31Yes
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$298,041
Employer contributions (assets) at end of year2017-12-31$4,211
Employer contributions (assets) at beginning of year2017-12-31$1,892
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$2,835,953
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31PLANTE & MORAN, PLLC
Accountancy firm EIN2017-12-31381357951
2016 : THE 401(K) RETIREMENT PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$2,267,757
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$1,907,981
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$1,907,372
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,023,640
Value of total assets at end of year2016-12-31$17,012,781
Value of total assets at beginning of year2016-12-31$16,653,005
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$609
Total interest from all sources2016-12-31$4,022
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$492,613
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$492,613
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$2,500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$759,507
Participant contributions at end of year2016-12-31$115,084
Participant contributions at beginning of year2016-12-31$99,509
Participant contributions at end of year2016-12-31$6,180
Participant contributions at beginning of year2016-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$15,317
Administrative expenses (other) incurred2016-12-31$609
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$359,776
Value of net assets at end of year (total assets less liabilities)2016-12-31$17,012,781
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$16,653,005
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$14,741,056
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$14,825,002
Interest on participant loans2016-12-31$4,022
Value of interest in common/collective trusts at end of year2016-12-31$2,148,569
Value of interest in common/collective trusts at beginning of year2016-12-31$1,728,494
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$516,072
Net investment gain or loss from common/collective trusts2016-12-31$231,410
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$248,816
Employer contributions (assets) at end of year2016-12-31$1,892
Employer contributions (assets) at beginning of year2016-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$1,907,372
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31PLANTE & MORAN, PLLC
Accountancy firm EIN2016-12-31381357951

Form 5500 Responses for THE 401(K) RETIREMENT PLAN

2023: THE 401(K) RETIREMENT PLAN 2023 form 5500 responses
2023-01-01Type of plan entityMulitple employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: THE 401(K) RETIREMENT PLAN 2022 form 5500 responses
2022-01-01Type of plan entityMulitple 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: THE 401(K) RETIREMENT PLAN 2021 form 5500 responses
2021-01-01Type of plan entityMulitple 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: THE 401(K) RETIREMENT PLAN 2020 form 5500 responses
2020-01-01Type of plan entityMulitple 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: THE 401(K) RETIREMENT PLAN 2019 form 5500 responses
2019-01-01Type of plan entityMulitple 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: THE 401(K) RETIREMENT PLAN 2018 form 5500 responses
2018-01-01Type of plan entityMulitple 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: THE 401(K) RETIREMENT PLAN 2017 form 5500 responses
2017-01-01Type of plan entityMulitple 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: THE 401(K) RETIREMENT PLAN 2016 form 5500 responses
2016-01-01Type of plan entityMulitple 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

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