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MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameMOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 002

MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined 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

MOUNDS EAST, INC. has sponsored the creation of one or more 401k plans.

Company Name:MOUNDS EAST, INC.
Employer identification number (EIN):391795845
NAIC Classification:453910
NAIC Description:Pet and Pet Supplies Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01TIM WALTON
0022016-01-01TIM WALTON
0022015-01-01TIM WALTON

Plan Statistics for MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022: MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0139
Total number of active participants reported on line 7a of the Form 55002022-01-0122
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0112
Total of all active and inactive participants2022-01-0134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0134
Number of participants with account balances2022-01-0134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-016
2021: MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0139
Total number of active participants reported on line 7a of the Form 55002021-01-0127
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-016
Total of all active and inactive participants2021-01-0133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0133
Number of participants with account balances2021-01-0131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-014
2020: MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0134
Total number of active participants reported on line 7a of the Form 55002020-01-0124
Number of retired or separated participants receiving benefits2020-01-011
Number of other retired or separated participants entitled to future benefits2020-01-0111
Total of all active and inactive participants2020-01-0136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0136
Number of participants with account balances2020-01-0136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-016
2019: MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0141
Total number of active participants reported on line 7a of the Form 55002019-01-0129
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-013
Total of all active and inactive participants2019-01-0132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0132
Number of participants with account balances2019-01-0132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-012
2018: MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0147
Total number of active participants reported on line 7a of the Form 55002018-01-0127
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-017
Total of all active and inactive participants2018-01-0134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0134
Number of participants with account balances2018-01-0134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-017
2017: MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0152
Total number of active participants reported on line 7a of the Form 55002017-01-0131
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-019
Total of all active and inactive participants2017-01-0140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0140
Number of participants with account balances2017-01-0139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-018
2016: MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0178
Total number of active participants reported on line 7a of the Form 55002016-01-0135
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0117
Total of all active and inactive participants2016-01-0152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0152
Number of participants with account balances2016-01-0152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0135
2015: MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0177
Total number of active participants reported on line 7a of the Form 55002015-01-0178
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-0178
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0178
Number of participants with account balances2015-01-0178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010

Financial Data on MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2023 : MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data
Total plan liabilities at end of year2023-12-31$3,850,278
Total plan liabilities at beginning of year2023-12-31$4,196,701
Total income from all sources2023-12-31$4,162,644
Expenses. Total of all expenses incurred2023-12-31$2,082,599
Benefits paid (including direct rollovers)2023-12-31$2,042,616
Total plan assets at end of year2023-12-31$39,688,819
Total plan assets at beginning of year2023-12-31$37,955,197
Value of fidelity bond covering the plan2023-12-31$2,000,000
Expenses. Other expenses not covered elsewhere2023-12-31$37,962
Other income received2023-12-31$4,062,929
Net income (gross income less expenses)2023-12-31$2,080,045
Net plan assets at end of year (total assets less liabilities)2023-12-31$35,838,541
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$33,758,496
Assets. Value of employer securities2023-12-31$39,632,027
Total contributions received or receivable from employer(s)2023-12-31$99,715
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$2,021
2022 : MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Total plan liabilities at end of year2022-12-31$4,196,701
Total plan liabilities at beginning of year2022-12-31$3,853,182
Total income from all sources2022-12-31$4,215,735
Expenses. Total of all expenses incurred2022-12-31$613,974
Benefits paid (including direct rollovers)2022-12-31$500,088
Total plan assets at end of year2022-12-31$37,955,197
Total plan assets at beginning of year2022-12-31$34,009,917
Value of fidelity bond covering the plan2022-12-31$2,000,000
Expenses. Other expenses not covered elsewhere2022-12-31$113,886
Other income received2022-12-31$3,912,397
Net income (gross income less expenses)2022-12-31$3,601,761
Net plan assets at end of year (total assets less liabilities)2022-12-31$33,758,496
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$30,156,735
Assets. Value of employer securities2022-12-31$37,120,000
Total contributions received or receivable from employer(s)2022-12-31$303,338
2021 : MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Total plan liabilities at end of year2021-12-31$3,853,182
Total plan liabilities at beginning of year2021-12-31$3,914,762
Total income from all sources2021-12-31$7,075,617
Expenses. Total of all expenses incurred2021-12-31$1,091,401
Benefits paid (including direct rollovers)2021-12-31$974,108
Total plan assets at end of year2021-12-31$34,009,917
Total plan assets at beginning of year2021-12-31$28,087,281
Value of fidelity bond covering the plan2021-12-31$2,000,000
Expenses. Other expenses not covered elsewhere2021-12-31$117,293
Other income received2021-12-31$6,782,239
Net income (gross income less expenses)2021-12-31$5,984,216
Net plan assets at end of year (total assets less liabilities)2021-12-31$30,156,735
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$24,172,519
Assets. Value of employer securities2021-12-31$33,950,000
Total contributions received or receivable from employer(s)2021-12-31$293,378
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
2020 : MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Total plan liabilities at end of year2020-12-31$3,914,762
Total plan liabilities at beginning of year2020-12-31$4,026,042
Total income from all sources2020-12-31$4,346,739
Expenses. Total of all expenses incurred2020-12-31$156,687
Benefits paid (including direct rollovers)2020-12-31$35,499
Total plan assets at end of year2020-12-31$28,087,281
Total plan assets at beginning of year2020-12-31$24,008,509
Value of fidelity bond covering the plan2020-12-31$2,000,000
Expenses. Other expenses not covered elsewhere2020-12-31$120,601
Other income received2020-12-31$4,083,073
Net income (gross income less expenses)2020-12-31$4,190,052
Net plan assets at end of year (total assets less liabilities)2020-12-31$24,172,519
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$19,982,467
Assets. Value of employer securities2020-12-31$28,050,000
Total contributions received or receivable from employer(s)2020-12-31$263,666
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$587
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Total plan liabilities at end of year2019-12-31$4,026,042
Total plan liabilities at beginning of year2019-12-31$4,133,413
Total income from all sources2019-12-31$5,914,559
Expenses. Total of all expenses incurred2019-12-31$345,005
Benefits paid (including direct rollovers)2019-12-31$221,192
Total plan assets at end of year2019-12-31$24,008,509
Total plan assets at beginning of year2019-12-31$18,546,326
Value of fidelity bond covering the plan2019-12-31$2,000,000
Expenses. Other expenses not covered elsewhere2019-12-31$123,813
Other income received2019-12-31$5,624,204
Net income (gross income less expenses)2019-12-31$5,569,554
Net plan assets at end of year (total assets less liabilities)2019-12-31$19,982,467
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$14,412,913
Assets. Value of employer securities2019-12-31$23,970,000
Total contributions received or receivable from employer(s)2019-12-31$290,355
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Total plan liabilities at end of year2018-12-31$4,133,413
Total plan liabilities at beginning of year2018-12-31$4,232,519
Total income from all sources2018-12-31$3,723,517
Expenses. Total of all expenses incurred2018-12-31$325,020
Benefits paid (including direct rollovers)2018-12-31$198,089
Total plan assets at end of year2018-12-31$18,546,326
Total plan assets at beginning of year2018-12-31$15,246,935
Value of fidelity bond covering the plan2018-12-31$1,000,000
Expenses. Other expenses not covered elsewhere2018-12-31$126,931
Other income received2018-12-31$3,450,032
Net income (gross income less expenses)2018-12-31$3,398,497
Net plan assets at end of year (total assets less liabilities)2018-12-31$14,412,913
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$11,014,416
Assets. Value of employer securities2018-12-31$18,540,000
Total contributions received or receivable from employer(s)2018-12-31$273,485
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Total plan liabilities at end of year2017-12-31$4,232,519
Total plan liabilities at beginning of year2017-12-31$4,333,423
Total income from all sources2017-12-31$7,542,417
Expenses. Total of all expenses incurred2017-12-31$166,078
Benefits paid (including direct rollovers)2017-12-31$34,620
Total plan assets at end of year2017-12-31$15,246,935
Total plan assets at beginning of year2017-12-31$7,971,500
Value of fidelity bond covering the plan2017-12-31$1,000,000
Expenses. Other expenses not covered elsewhere2017-12-31$129,958
Other income received2017-12-31$7,271,500
Net income (gross income less expenses)2017-12-31$7,376,339
Net plan assets at end of year (total assets less liabilities)2017-12-31$11,014,416
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$3,638,077
Assets. Value of employer securities2017-12-31$15,240,000
Total contributions received or receivable from employer(s)2017-12-31$270,917
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$1,500
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data
Total plan liabilities at end of year2016-12-31$4,333,423
Total plan liabilities at beginning of year2016-12-31$4,429,889
Total income from all sources2016-12-31$5,382,464
Expenses. Total of all expenses incurred2016-12-31$134,498
Benefits paid (including direct rollovers)2016-12-31$101
Total plan assets at end of year2016-12-31$7,971,500
Total plan assets at beginning of year2016-12-31$2,820,000
Value of fidelity bond covering the plan2016-12-31$300,000
Expenses. Other expenses not covered elsewhere2016-12-31$132,897
Other income received2016-12-31$5,151,501
Net income (gross income less expenses)2016-12-31$5,247,966
Net plan assets at end of year (total assets less liabilities)2016-12-31$3,638,077
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$-1,609,889
Assets. Value of employer securities2016-12-31$7,970,000
Total contributions received or receivable from employer(s)2016-12-31$230,963
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$1,500
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k financial data
Total plan liabilities at end of year2015-12-31$4,429,889
Total income from all sources2015-12-31$-1,586,638
Expenses. Total of all expenses incurred2015-12-31$23,251
Total plan assets at end of year2015-12-31$2,820,000
Total plan assets at beginning of year2015-12-31$0
Value of fidelity bond covering the plan2015-12-31$300,000
Expenses. Other expenses not covered elsewhere2015-12-31$23,251
Other income received2015-12-31$-1,817,500
Net income (gross income less expenses)2015-12-31$-1,609,889
Net plan assets at end of year (total assets less liabilities)2015-12-31$-1,609,889
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$0
Assets. Value of employer securities2015-12-31$2,820,000
Total contributions received or receivable from employer(s)2015-12-31$230,862
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0

Form 5500 Responses for MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN

2022: MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP 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: MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP 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: MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP 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: MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP 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: MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP 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
2017: MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle 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: MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle 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
2015: MOUNDS EAST, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01First time form 5500 has been submittedYes
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes

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