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SHANKLIN INVESTMENTS 401(K) PLAN 401k Plan overview

Plan NameSHANKLIN INVESTMENTS 401(K) PLAN
Plan identification number 001

SHANKLIN INVESTMENTS 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • 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

SHANKLIN INVESTMENTS INC. has sponsored the creation of one or more 401k plans.

Company Name:SHANKLIN INVESTMENTS INC.
Employer identification number (EIN):262407393
NAIC Classification:531310

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SHANKLIN INVESTMENTS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01BILLY SHANKLIN BILLY SHANKLIN2019-07-24
0012017-01-01BILLY SHANKLIN2018-07-25 BILLY SHANKLIN2018-07-25
0012013-01-01BILLY SHANKLIN
0012012-01-01BILLY SHANKLIN
0012011-01-01BILLY SHANKLIN
0012009-01-01BILLY SHANKLIN
0012009-01-01BILLY SHANKLIN

Plan Statistics for SHANKLIN INVESTMENTS 401(K) PLAN

401k plan membership statisitcs for SHANKLIN INVESTMENTS 401(K) PLAN

Measure Date Value
2023: SHANKLIN INVESTMENTS 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-012
Total number of active participants reported on line 7a of the Form 55002023-01-012
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-010
Total of all active and inactive participants2023-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-012
Number of participants with account balances2023-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: SHANKLIN INVESTMENTS 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-012
Total number of active participants reported on line 7a of the Form 55002022-01-012
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-012
Number of participants with account balances2022-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: SHANKLIN INVESTMENTS 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-012
Total number of active participants reported on line 7a of the Form 55002021-01-012
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 participants2021-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-012
Number of participants with account balances2021-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: SHANKLIN INVESTMENTS 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-012
Total number of active participants reported on line 7a of the Form 55002020-01-012
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-012
Number of participants with account balances2020-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: SHANKLIN INVESTMENTS 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-012
Total number of active participants reported on line 7a of the Form 55002019-01-012
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 participants2019-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-012
Number of participants with account balances2019-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: SHANKLIN INVESTMENTS 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-012
Total number of active participants reported on line 7a of the Form 55002018-01-012
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 participants2018-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-012
Number of participants with account balances2018-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2013: SHANKLIN INVESTMENTS 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-012
Total number of active participants reported on line 7a of the Form 55002013-01-012
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 participants2013-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-012
2012: SHANKLIN INVESTMENTS 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-012
Total number of active participants reported on line 7a of the Form 55002012-01-012
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 participants2012-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-012
2011: SHANKLIN INVESTMENTS 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-012
Total number of active participants reported on line 7a of the Form 55002011-01-012
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 participants2011-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-012
2009: SHANKLIN INVESTMENTS 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-012
Total number of active participants reported on line 7a of the Form 55002009-01-012
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 participants2009-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-012
Number of participants with account balances2009-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on SHANKLIN INVESTMENTS 401(K) PLAN

Measure Date Value
2023 : SHANKLIN INVESTMENTS 401(K) PLAN 2023 401k financial data
Transfers to/from the plan2023-12-31$0
Total plan liabilities at end of year2023-12-31$0
Total plan liabilities at beginning of year2023-12-31$0
Total income from all sources2023-12-31$-29,111
Expenses. Total of all expenses incurred2023-12-31$13,973
Benefits paid (including direct rollovers)2023-12-31$13,973
Total plan assets at end of year2023-12-31$299,158
Total plan assets at beginning of year2023-12-31$342,242
Value of fidelity bond covering the plan2023-12-31$30,000
Total contributions received or receivable from participants2023-12-31$0
Expenses. Other expenses not covered elsewhere2023-12-31$0
Contributions received from other sources (not participants or employers)2023-12-31$0
Other income received2023-12-31$-29,111
Noncash contributions received2023-12-31$0
Net income (gross income less expenses)2023-12-31$-43,084
Net plan assets at end of year (total assets less liabilities)2023-12-31$299,158
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$342,242
Assets. Value of employer securities2023-12-31$150,000
Total contributions received or receivable from employer(s)2023-12-31$0
Value of certain deemed distributions of participant loans2023-12-31$0
Value of corrective distributions2023-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$0
2022 : SHANKLIN INVESTMENTS 401(K) PLAN 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total income from all sources2022-12-31$18,860
Expenses. Total of all expenses incurred2022-12-31$13,218
Benefits paid (including direct rollovers)2022-12-31$13,218
Total plan assets at end of year2022-12-31$342,242
Total plan assets at beginning of year2022-12-31$336,600
Value of fidelity bond covering the plan2022-12-31$30,000
Total contributions received or receivable from participants2022-12-31$0
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$18,860
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$5,642
Net plan assets at end of year (total assets less liabilities)2022-12-31$342,242
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$336,600
Assets. Value of employer securities2022-12-31$185,532
Total contributions received or receivable from employer(s)2022-12-31$0
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$0
2021 : SHANKLIN INVESTMENTS 401(K) PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$18
Expenses. Total of all expenses incurred2021-12-31$33,881
Benefits paid (including direct rollovers)2021-12-31$15,065
Total plan assets at end of year2021-12-31$336,600
Total plan assets at beginning of year2021-12-31$370,463
Value of fidelity bond covering the plan2021-12-31$40,000
Total contributions received or receivable from participants2021-12-31$0
Expenses. Other expenses not covered elsewhere2021-12-31$18,816
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$18
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$-33,863
Net plan assets at end of year (total assets less liabilities)2021-12-31$336,600
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$370,463
Assets. Value of employer securities2021-12-31$166,716
Total contributions received or receivable from employer(s)2021-12-31$0
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$0
2020 : SHANKLIN INVESTMENTS 401(K) PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$27
Expenses. Total of all expenses incurred2020-12-31$0
Benefits paid (including direct rollovers)2020-12-31$0
Total plan assets at end of year2020-12-31$370,463
Total plan assets at beginning of year2020-12-31$370,436
Value of fidelity bond covering the plan2020-12-31$40,000
Total contributions received or receivable from participants2020-12-31$0
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$27
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$27
Net plan assets at end of year (total assets less liabilities)2020-12-31$370,463
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$370,436
Assets. Value of employer securities2020-12-31$185,532
Total contributions received or receivable from employer(s)2020-12-31$0
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$0
2019 : SHANKLIN INVESTMENTS 401(K) PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
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$17,822
Expenses. Total of all expenses incurred2019-12-31$7,571
Benefits paid (including direct rollovers)2019-12-31$7,571
Total plan assets at end of year2019-12-31$370,436
Total plan assets at beginning of year2019-12-31$360,185
Value of fidelity bond covering the plan2019-12-31$40,000
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$17,822
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$10,251
Net plan assets at end of year (total assets less liabilities)2019-12-31$370,436
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$360,185
Assets. Value of employer securities2019-12-31$167,768
Total contributions received or receivable from employer(s)2019-12-31$0
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$0
2018 : SHANKLIN INVESTMENTS 401(K) PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$-125,883
Expenses. Total of all expenses incurred2018-12-31$11,699
Benefits paid (including direct rollovers)2018-12-31$11,699
Total plan assets at end of year2018-12-31$360,185
Total plan assets at beginning of year2018-12-31$497,767
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$0
Other income received2018-12-31$-125,883
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-137,582
Net plan assets at end of year (total assets less liabilities)2018-12-31$360,185
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$497,767
Assets. Value of employer securities2018-12-31$167,498
Total contributions received or receivable from employer(s)2018-12-31$0
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$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2013 : SHANKLIN INVESTMENTS 401(K) PLAN 2013 401k financial data
Total income from all sources2013-12-31$50
Expenses. Total of all expenses incurred2013-12-31$0
Total plan assets at end of year2013-12-31$389,962
Total plan assets at beginning of year2013-12-31$389,912
Other income received2013-12-31$50
Net income (gross income less expenses)2013-12-31$50
Net plan assets at end of year (total assets less liabilities)2013-12-31$389,962
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$389,912
Assets. Value of employer securities2013-12-31$295,000
2012 : SHANKLIN INVESTMENTS 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$794
Expenses. Total of all expenses incurred2012-12-31$10
Total plan assets at end of year2012-12-31$389,912
Total plan assets at beginning of year2012-12-31$389,128
Expenses. Other expenses not covered elsewhere2012-12-31$10
Other income received2012-12-31$794
Net income (gross income less expenses)2012-12-31$784
Net plan assets at end of year (total assets less liabilities)2012-12-31$389,912
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$389,128
Assets. Value of employer securities2012-12-31$280,000
2011 : SHANKLIN INVESTMENTS 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$1,792
Expenses. Total of all expenses incurred2011-12-31$0
Total plan assets at end of year2011-12-31$389,128
Total plan assets at beginning of year2011-12-31$387,336
Other income received2011-12-31$1,792
Net income (gross income less expenses)2011-12-31$1,792
Net plan assets at end of year (total assets less liabilities)2011-12-31$389,128
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$387,336
Assets. Value of employer securities2011-12-31$255,000
2010 : SHANKLIN INVESTMENTS 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$1,889
Expenses. Total of all expenses incurred2010-12-31$0
Total plan assets at end of year2010-12-31$387,336
Total plan assets at beginning of year2010-12-31$385,447
Other income received2010-12-31$1,889
Net income (gross income less expenses)2010-12-31$1,889
Net plan assets at end of year (total assets less liabilities)2010-12-31$387,336
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$385,447
Assets. Value of employer securities2010-12-31$225,000

Form 5500 Responses for SHANKLIN INVESTMENTS 401(K) PLAN

2023: SHANKLIN INVESTMENTS 401(K) PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle 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: SHANKLIN INVESTMENTS 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle 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: SHANKLIN INVESTMENTS 401(K) 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: SHANKLIN INVESTMENTS 401(K) 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: SHANKLIN INVESTMENTS 401(K) 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: SHANKLIN INVESTMENTS 401(K) 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
2013: SHANKLIN INVESTMENTS 401(K) 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: SHANKLIN INVESTMENTS 401(K) 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: SHANKLIN INVESTMENTS 401(K) 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: SHANKLIN INVESTMENTS 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
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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