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PROFIT SHARING PLAN FOR EMPLOYEES OF FOAM PACKAGING, INC 401k Plan overview

Plan NamePROFIT SHARING PLAN FOR EMPLOYEES OF FOAM PACKAGING, INC
Plan identification number 001

PROFIT SHARING PLAN FOR EMPLOYEES OF FOAM PACKAGING, INC 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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

FOAM PACKAGING, INC. has sponsored the creation of one or more 401k plans.

Company Name:FOAM PACKAGING, INC.
Employer identification number (EIN):640508940
NAIC Classification:339900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROFIT SHARING PLAN FOR EMPLOYEES OF FOAM PACKAGING, INC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-10-01DEBRA ISAAC2019-03-06
0012017-10-01DEBRA ISAAC2018-11-30
0012016-10-01DEBRA ISAAC2017-11-20
0012015-10-01DEBRA ISAAC2017-04-28
0012014-10-01DEBRA ISAAC2016-06-30
0012013-10-01DEBRA ISAAC2015-04-22
0012012-10-01DEBRA ISAAC2014-04-22
0012011-10-01DEBRA ISAAC2013-03-28
0012009-10-01DEBRA ISAAC

Plan Statistics for PROFIT SHARING PLAN FOR EMPLOYEES OF FOAM PACKAGING, INC

401k plan membership statisitcs for PROFIT SHARING PLAN FOR EMPLOYEES OF FOAM PACKAGING, INC

Measure Date Value
2009: PROFIT SHARING PLAN FOR EMPLOYEES OF FOAM PACKAGING, INC 2009 401k membership
Total participants, beginning-of-year2009-10-01117
Total number of active participants reported on line 7a of the Form 55002009-10-01104
Number of retired or separated participants receiving benefits2009-10-010
Number of other retired or separated participants entitled to future benefits2009-10-015
Total of all active and inactive participants2009-10-01109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-10-010
Total participants2009-10-01109
Number of participants with account balances2009-10-01100
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-10-014

Financial Data on PROFIT SHARING PLAN FOR EMPLOYEES OF FOAM PACKAGING, INC

Measure Date Value
2011 : PROFIT SHARING PLAN FOR EMPLOYEES OF FOAM PACKAGING, INC 2011 401k financial data
Total income from all sources2011-09-30$205,050
Expenses. Total of all expenses incurred2011-09-30$254,574
Benefits paid (including direct rollovers)2011-09-30$254,574
Total plan assets at end of year2011-09-30$2,569,893
Total plan assets at beginning of year2011-09-30$2,619,417
Value of fidelity bond covering the plan2011-09-30$1,000,000
Other income received2011-09-30$80,050
Net income (gross income less expenses)2011-09-30$-49,524
Net plan assets at end of year (total assets less liabilities)2011-09-30$2,569,893
Net plan assets at beginning of year (total assets less liabilities)2011-09-30$2,619,417
Assets. Value of participant loans2011-09-30$0
Total contributions received or receivable from employer(s)2011-09-30$125,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-09-30$0
2010 : PROFIT SHARING PLAN FOR EMPLOYEES OF FOAM PACKAGING, INC 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-09-30$0

Form 5500 Responses for PROFIT SHARING PLAN FOR EMPLOYEES OF FOAM PACKAGING, INC

2009: PROFIT SHARING PLAN FOR EMPLOYEES OF FOAM PACKAGING, INC 2009 form 5500 responses
2009-10-01Type of plan entitySingle employer plan
2009-10-01Plan funding arrangement – InsuranceYes
2009-10-01Plan funding arrangement – TrustYes
2009-10-01Plan benefit arrangement – InsuranceYes
2009-10-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract numberMT60097
Policy instance 1
Insurance contract or identification numberMT60097
Number of Individuals Covered93
Insurance policy start date2010-10-01
Insurance policy end date2011-09-30
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

Potentially related plans

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