Logo

DROSTES JEWELRY SHOPPE, INC. 401(K) PROFIT SHARING 401k Plan overview

Plan NameDROSTES JEWELRY SHOPPE, INC. 401(K) PROFIT SHARING
Plan identification number 001

DROSTES JEWELRY SHOPPE, INC. 401(K) PROFIT SHARING Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • 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

DROSTES JEWELRY SHOPPE, INC. has sponsored the creation of one or more 401k plans.

Company Name:DROSTES JEWELRY SHOPPE, INC.
Employer identification number (EIN):351306126
NAIC Classification:448310
NAIC Description:Jewelry Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DROSTES JEWELRY SHOPPE, INC. 401(K) PROFIT SHARING

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-09-01
0012022-09-01
0012021-09-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01OSCAR R. DROSTE2013-05-13
0012011-01-01OSCAR R. DROSTE
0012009-01-01OSCAR R. DROSTE

Financial Data on DROSTES JEWELRY SHOPPE, INC. 401(K) PROFIT SHARING

Measure Date Value
2025 : DROSTES JEWELRY SHOPPE, INC. 401(K) PROFIT SHARING 2025 401k financial data
Total expenses incurred by plan in this plan year2025-01-0975070
Net assets as of the end of the plan year2025-01-09904991
Total assets as of the beginning of the plan year2025-01-09783476
Value of plan covered by a fidelity bond2025-01-09120000
Participant contributions to plan in this plan year2025-01-0926772
Other expenses paid from plan in this plan year2025-01-09969
Other income to plan in this plan year2025-01-09118800
Plan net income in this plan year2025-01-09121515
Net assets as of the end of the plan year2025-01-09904991
Net assets as of the beginning of the plan year2025-01-09783476
Employer contributions to plan in this plan year2025-01-0951013
Expensese paid to adminstrative service provicers from plan in this plan year2025-01-0914400
2022 : DROSTES JEWELRY SHOPPE, INC. 401(K) PROFIT SHARING 2022 401k financial data
Total expenses incurred by plan in this plan year2022-11-1695459
Net assets as of the end of the plan year2022-11-161163525
Total assets as of the beginning of the plan year2022-11-161276874
Value of plan covered by a fidelity bond2022-11-16120000
Participant contributions to plan in this plan year2022-11-1627535
Other income to plan in this plan year2022-11-16-75425
Plan net income in this plan year2022-11-16-113349
Net assets as of the end of the plan year2022-11-161163525
Net assets as of the beginning of the plan year2022-11-161276874
Employer contributions to plan in this plan year2022-11-1630000
Expensese paid to adminstrative service provicers from plan in this plan year2022-11-1619909
2011 : DROSTES JEWELRY SHOPPE, INC. 401(K) PROFIT SHARING 2011 401k financial data
Total income from all sources2011-12-31$26,968
Expenses. Total of all expenses incurred2011-12-31$175,425
Benefits paid (including direct rollovers)2011-12-31$175,425
Total plan assets at end of year2011-12-31$884,785
Total plan assets at beginning of year2011-12-31$1,033,242
Value of fidelity bond covering the plan2011-12-31$120,000
Total contributions received or receivable from participants2011-12-31$8,054
Other income received2011-12-31$-7,086
Net income (gross income less expenses)2011-12-31$-148,457
Net plan assets at end of year (total assets less liabilities)2011-12-31$884,785
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,033,242
Assets. Value of participant loans2011-12-31$1,079
Total contributions received or receivable from employer(s)2011-12-31$26,000
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$0
2010 : DROSTES JEWELRY SHOPPE, INC. 401(K) PROFIT SHARING 2010 401k financial data
Total income from all sources2010-12-31$74,810
Expenses. Total of all expenses incurred2010-12-31$76,430
Benefits paid (including direct rollovers)2010-12-31$75,647
Total plan assets at end of year2010-12-31$1,033,242
Total plan assets at beginning of year2010-12-31$1,034,862
Value of fidelity bond covering the plan2010-12-31$120,000
Total contributions received or receivable from participants2010-12-31$6,943
Other income received2010-12-31$46,917
Net income (gross income less expenses)2010-12-31$-1,620
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,033,242
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,034,862
Assets. Value of participant loans2010-12-31$4,375
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022010-12-31$422
Total contributions received or receivable from employer(s)2010-12-31$20,950
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$783

Form 5500 Responses for DROSTES JEWELRY SHOPPE, INC. 401(K) PROFIT SHARING

2011: DROSTES JEWELRY SHOPPE, INC. 401(K) PROFIT SHARING 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: DROSTES JEWELRY SHOPPE, INC. 401(K) PROFIT SHARING 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract numberGAP-B3-TF70
Policy instance 1
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract numberGAP-B3-TF70
Policy instance 1

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1