KENNEBEC LUMBER has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan KENNEBEC LUMBER COMPANY 401(K) PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2025 : KENNEBEC LUMBER COMPANY 401(K) PROFIT SHARING PLAN 2025 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2025-06-13 | 207821 |
| Net assets as of the end of the plan year | 2025-06-13 | 4586244 |
| Total assets as of the beginning of the plan year | 2025-06-13 | 3849164 |
| Value of plan covered by a fidelity bond | 2025-06-13 | 500000 |
| Participant contributions to plan in this plan year | 2025-06-13 | 332036 |
| Value of participant loans at end of plan year | 2025-06-13 | 39792 |
| Other contributions to plan in this plan year | 2025-06-13 | 0 |
| Other income to plan in this plan year | 2025-06-13 | 534653 |
| Plan net income in this plan year | 2025-06-13 | 737080 |
| Net assets as of the end of the plan year | 2025-06-13 | 4586244 |
| Net assets as of the beginning of the plan year | 2025-06-13 | 3849164 |
| Employer contributions to plan in this plan year | 2025-06-13 | 78212 |
| Fees paid to broker by Benefit Provider | 2025-06-13 | 2145 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-06-13 | 37591 |
| 2024 : KENNEBEC LUMBER COMPANY 401(K) PROFIT SHARING PLAN 2024 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2024-07-10 | 180813 |
| Net assets as of the end of the plan year | 2024-07-10 | 3849164 |
| Total assets as of the beginning of the plan year | 2024-07-10 | 3097826 |
| Value of plan covered by a fidelity bond | 2024-07-10 | 500000 |
| Participant contributions to plan in this plan year | 2024-07-10 | 321313 |
| Value of participant loans at end of plan year | 2024-07-10 | 54296 |
| Other contributions to plan in this plan year | 2024-07-10 | 26599 |
| Other income to plan in this plan year | 2024-07-10 | 501727 |
| Plan net income in this plan year | 2024-07-10 | 751338 |
| Net assets as of the end of the plan year | 2024-07-10 | 3849164 |
| Net assets as of the beginning of the plan year | 2024-07-10 | 3097826 |
| Employer contributions to plan in this plan year | 2024-07-10 | 82512 |
| Fees paid to broker by Benefit Provider | 2024-07-10 | 18666 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-07-10 | 29235 |
| 2022 : KENNEBEC LUMBER COMPANY 401(K) PROFIT SHARING PLAN 2022 401k financial data |
|---|
| Total income from all sources (including contributions) | 2022-12-31 | $-177,141 |
| Total of all expenses incurred | 2022-12-31 | $250,925 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $202,231 |
| Value of total corrective distributions | 2022-12-31 | $22,865 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $429,965 |
| Value of total assets at end of year | 2022-12-31 | $3,097,826 |
| Value of total assets at beginning of year | 2022-12-31 | $3,525,892 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $25,829 |
| Total interest from all sources | 2022-12-31 | $3,043 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $326,399 |
| Participant contributions at end of year | 2022-12-31 | $52,554 |
| Participant contributions at beginning of year | 2022-12-31 | $62,061 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $28,244 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-428,066 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $3,097,826 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $3,525,892 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $1,275 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $3,045,272 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $3,463,831 |
| Income. Interest from loans (other than to participants) | 2022-12-31 | $3,043 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-610,149 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $75,322 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $202,231 |
| Contract administrator fees | 2022-12-31 | $24,554 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | BERRY, DUNN, MCNEIL & PARKER, LLC |
| Accountancy firm EIN | 2022-12-31 | 010523282 |
| Total income from all sources (including contributions) | 2022-01-01 | $-177,141 |
| Total of all expenses incurred | 2022-01-01 | $250,925 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $202,231 |
| Value of total corrective distributions | 2022-01-01 | $22,865 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $429,965 |
| Value of total assets at end of year | 2022-01-01 | $3,097,826 |
| Value of total assets at beginning of year | 2022-01-01 | $3,525,892 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $25,829 |
| Total interest from all sources | 2022-01-01 | $3,043 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $326,399 |
| Participant contributions at end of year | 2022-01-01 | $52,554 |
| Participant contributions at beginning of year | 2022-01-01 | $62,061 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $28,244 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-428,066 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $3,097,826 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $3,525,892 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Investment advisory and management fees | 2022-01-01 | $1,275 |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $3,045,272 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $3,463,831 |
| Income. Interest from loans (other than to participants) | 2022-01-01 | $3,043 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-610,149 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $75,322 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $202,231 |
| Contract administrator fees | 2022-01-01 | $24,554 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | BERRY, DUNN, MCNEIL & PARKER, LLC |
| Accountancy firm EIN | 2022-01-01 | 010523282 |
| 2021 : KENNEBEC LUMBER COMPANY 401(K) PROFIT SHARING PLAN 2021 401k financial data |
|---|
| Total income from all sources (including contributions) | 2021-12-31 | $1,738,396 |
| Total of all expenses incurred | 2021-12-31 | $357,220 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $301,269 |
| Value of total corrective distributions | 2021-12-31 | $28,731 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,400,348 |
| Value of total assets at end of year | 2021-12-31 | $3,525,892 |
| Value of total assets at beginning of year | 2021-12-31 | $2,144,716 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $27,220 |
| Total interest from all sources | 2021-12-31 | $3,423 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $317,017 |
| Participant contributions at end of year | 2021-12-31 | $62,061 |
| Participant contributions at beginning of year | 2021-12-31 | $72,607 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $1,007,018 |
| Administrative expenses (other) incurred | 2021-12-31 | $1,775 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $1,381,176 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $3,525,892 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $2,144,716 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $3,463,831 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $2,072,109 |
| Interest on participant loans | 2021-12-31 | $3,423 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $334,625 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $76,313 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $301,269 |
| Contract administrator fees | 2021-12-31 | $25,445 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | BERRY, DUNN, MCNEIL & PARKER, LLC |
| Accountancy firm EIN | 2021-12-31 | 010523282 |
