401k Plan data: BADGER CUSTOM PALLETS, INC. EMPLOYEE STOCK OWNERSHIP PLAN plan

BADGER CUSTOM PALLETS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	BADGER CUSTOM PALLETS, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	002

BADGER CUSTOM PALLETS, INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	Stock bonus Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP. The employer maintaining this ESOP is an S Corporation Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

BADGER CUSTOM PALLETS has sponsored the creation of one or more 401k plans.

Company Name: BADGER CUSTOM PALLETS

Employer identification number (EIN): 823767862

NAIC Classification: 321900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BADGER CUSTOM PALLETS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2021-01-01

Plan Statistics for BADGER CUSTOM PALLETS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for BADGER CUSTOM PALLETS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2021: BADGER CUSTOM PALLETS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 81
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 65
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 8
Total of all active and inactive participants 2021-01-01 73
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 1
Total participants 2021-01-01 74
Number of participants with account balances 2021-01-01 74
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 3

Measure	Date	Value
2021: BADGER CUSTOM PALLETS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	81
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	65
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	8
Total of all active and inactive participants	2021-01-01	73
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	1
Total participants	2021-01-01	74
Number of participants with account balances	2021-01-01	74
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	3

Financial Data on BADGER CUSTOM PALLETS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2021 : BADGER CUSTOM PALLETS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Total plan liabilities at end of year	2021-12-31	$11,055,396
Total plan liabilities at beginning of year	2021-12-31	$10,681,613
Total income from all sources	2021-12-31	$4,700,559
Expenses. Total of all expenses incurred	2021-12-31	$396,490
Benefits paid (including direct rollovers)	2021-12-31	$22,437
Total plan assets at end of year	2021-12-31	$11,459,238
Total plan assets at beginning of year	2021-12-31	$6,781,386
Value of fidelity bond covering the plan	2021-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2021-12-31	$373,808
Other income received	2021-12-31	$4,060,245
Net income (gross income less expenses)	2021-12-31	$4,304,069
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$403,842
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$-3,900,227
Assets. Value of employer securities	2021-12-31	$10,840,000
Total contributions received or receivable from employer(s)	2021-12-31	$640,314
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$245
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0

Form 5500 Responses for BADGER CUSTOM PALLETS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

2021: BADGER CUSTOM PALLETS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	BADGER CUSTOM PALLETS
Employer identification number (EIN):	823767862
NAIC Classification:	321900