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SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 401k Plan overview

Plan NameSPORTSMAN BOATS MANUFACTURING 401(K) PLAN
Plan identification number 001

SPORTSMAN BOATS MANUFACTURING 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

SPORTSMAN BOATS MANUFACTURING, INC. has sponsored the creation of one or more 401k plans.

Company Name:SPORTSMAN BOATS MANUFACTURING, INC.
Employer identification number (EIN):800754630
NAIC Classification:336610

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SPORTSMAN BOATS MANUFACTURING 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01THOMAS D. HANCOCK, JR.2023-10-13 THOMAS D. HANCOCK, JR.2023-10-13
0012021-01-01THOMAS D. HANCOCK, JR.2022-09-20 THOMAS D. HANCOCK, JR.2022-09-20
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01PHIL TISUE
0012016-08-01PHIL TISUE2017-10-25
0012016-08-01

Plan Statistics for SPORTSMAN BOATS MANUFACTURING 401(K) PLAN

401k plan membership statisitcs for SPORTSMAN BOATS MANUFACTURING 401(K) PLAN

Measure Date Value
2022: SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01566
Total number of active participants reported on line 7a of the Form 55002022-01-01295
Number of retired or separated participants receiving benefits2022-01-0140
Number of other retired or separated participants entitled to future benefits2022-01-01191
Total of all active and inactive participants2022-01-01526
Total participants2022-01-01526
Number of participants with account balances2022-01-01509
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01412
Total number of active participants reported on line 7a of the Form 55002021-01-01314
Number of retired or separated participants receiving benefits2021-01-0146
Number of other retired or separated participants entitled to future benefits2021-01-01206
Total of all active and inactive participants2021-01-01566
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01566
Number of participants with account balances2021-01-01552
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01345
Total number of active participants reported on line 7a of the Form 55002020-01-01253
Number of retired or separated participants receiving benefits2020-01-0137
Number of other retired or separated participants entitled to future benefits2020-01-01122
Total of all active and inactive participants2020-01-01412
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01412
Number of participants with account balances2020-01-01399
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01306
Total number of active participants reported on line 7a of the Form 55002019-01-01237
Number of retired or separated participants receiving benefits2019-01-0121
Number of other retired or separated participants entitled to future benefits2019-01-0187
Total of all active and inactive participants2019-01-01345
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01345
Number of participants with account balances2019-01-01322
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01215
Total number of active participants reported on line 7a of the Form 55002018-01-01237
Number of retired or separated participants receiving benefits2018-01-018
Number of other retired or separated participants entitled to future benefits2018-01-0140
Total of all active and inactive participants2018-01-01285
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01285
Number of participants with account balances2018-01-01165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01131
Total number of active participants reported on line 7a of the Form 55002017-01-01138
Number of retired or separated participants receiving benefits2017-01-011
Number of other retired or separated participants entitled to future benefits2017-01-0123
Total of all active and inactive participants2017-01-01162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01162
Number of participants with account balances2017-01-01118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-08-010
Total number of active participants reported on line 7a of the Form 55002016-08-01119
Number of retired or separated participants receiving benefits2016-08-010
Number of other retired or separated participants entitled to future benefits2016-08-017
Total of all active and inactive participants2016-08-01126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-08-010
Total participants2016-08-01126
Number of participants with account balances2016-08-0193
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-08-010

Financial Data on SPORTSMAN BOATS MANUFACTURING 401(K) PLAN

Measure Date Value
2022 : SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2022 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$23
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$391
Total income from all sources (including contributions)2022-12-31$701,149
Total of all expenses incurred2022-12-31$615,215
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$550,695
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,451,671
Value of total assets at end of year2022-12-31$4,044,053
Value of total assets at beginning of year2022-12-31$3,958,487
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$64,520
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$194,546
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$194,546
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$991,454
Participant contributions at end of year2022-12-31$16,698
Participant contributions at beginning of year2022-12-31$32,826
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$13,752
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$23
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$391
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$85,934
Value of net assets at end of year (total assets less liabilities)2022-12-31$4,044,030
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$3,958,096
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$4,003,615
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$3,890,933
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$16,443
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$13,502
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-945,068
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$446,465
Employer contributions (assets) at end of year2022-12-31$7,297
Employer contributions (assets) at beginning of year2022-12-31$21,226
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$550,695
Contract administrator fees2022-12-31$64,520
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31DCPAS, LLC DBA DAVIS & COMPANY CPAS
Accountancy firm EIN2022-12-31824158464
2021 : SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2021 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$391
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$4,382
Total income from all sources (including contributions)2021-12-31$1,673,322
Total of all expenses incurred2021-12-31$359,828
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$314,784
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,282,974
Value of total assets at end of year2021-12-31$3,958,487
Value of total assets at beginning of year2021-12-31$2,648,984
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$45,044
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$868,085
Participant contributions at end of year2021-12-31$32,826
Participant contributions at beginning of year2021-12-31$29,688
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$18,860
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$391
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$4,382
Administrative expenses (other) incurred2021-12-31$9,165
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$1,313,494
Value of net assets at end of year (total assets less liabilities)2021-12-31$3,958,096
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$2,644,602
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$3,890,933
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$2,554,112
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$13,502
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$52,707
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$390,348
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$396,029
Employer contributions (assets) at end of year2021-12-31$21,226
Employer contributions (assets) at beginning of year2021-12-31$12,477
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$314,784
Contract administrator fees2021-12-31$35,879
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31DCPAS, LLC DBA DAVIS & COMPANY CPAS
Accountancy firm EIN2021-12-31824158464
2020 : SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2020 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$4,382
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$17,422
Total income from all sources (including contributions)2020-12-31$1,458,859
Total of all expenses incurred2020-12-31$650,972
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$614,223
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,061,278
Value of total assets at end of year2020-12-31$2,648,984
Value of total assets at beginning of year2020-12-31$1,854,137
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$36,749
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$717,530
Participant contributions at end of year2020-12-31$29,688
Participant contributions at beginning of year2020-12-31$65,665
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$20,020
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$4,382
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$17,422
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$807,887
Value of net assets at end of year (total assets less liabilities)2020-12-31$2,644,602
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$1,836,715
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$2,554,112
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$1,724,577
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$52,707
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$36,444
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$397,581
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$323,728
Employer contributions (assets) at end of year2020-12-31$12,477
Employer contributions (assets) at beginning of year2020-12-31$27,451
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$614,223
Contract administrator fees2020-12-31$36,749
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31DCPAS, LLC DBA DAVIS & COMPANY CPAS
Accountancy firm EIN2020-12-31824158464
2019 : SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2019 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$17,422
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$17,422
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$3,740
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$3,740
Total income from all sources (including contributions)2019-12-31$1,130,401
Total income from all sources (including contributions)2019-12-31$1,130,401
Total of all expenses incurred2019-12-31$155,395
Total of all expenses incurred2019-12-31$155,395
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$128,820
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$128,820
Value of total corrective distributions2019-12-31$13,111
Value of total corrective distributions2019-12-31$13,111
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$895,169
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$895,169
Value of total assets at end of year2019-12-31$1,854,137
Value of total assets at end of year2019-12-31$1,854,137
Value of total assets at beginning of year2019-12-31$865,449
Value of total assets at beginning of year2019-12-31$865,449
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$13,464
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$13,464
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$609,487
Contributions received from participants2019-12-31$609,487
Participant contributions at end of year2019-12-31$65,665
Participant contributions at end of year2019-12-31$65,665
Participant contributions at beginning of year2019-12-31$29,997
Participant contributions at beginning of year2019-12-31$29,997
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$37,177
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$37,177
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$17,422
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$17,422
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$3,740
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$3,740
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$975,006
Value of net income/loss2019-12-31$975,006
Value of net assets at end of year (total assets less liabilities)2019-12-31$1,836,715
Value of net assets at end of year (total assets less liabilities)2019-12-31$1,836,715
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$861,709
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$861,709
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$1,724,577
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$1,724,577
Value of interest in pooled separate accounts at beginning of year2019-12-31$796,310
Value of interest in pooled separate accounts at beginning of year2019-12-31$796,310
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$36,444
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$36,444
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$25,683
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$25,683
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$235,232
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$235,232
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$248,505
Contributions received in cash from employer2019-12-31$248,505
Employer contributions (assets) at end of year2019-12-31$27,451
Employer contributions (assets) at beginning of year2019-12-31$13,459
Employer contributions (assets) at beginning of year2019-12-31$13,459
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$128,820
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$128,820
Contract administrator fees2019-12-31$13,464
Contract administrator fees2019-12-31$13,464
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31DCPAS, LLC DBA DAVIS & COMPANY CPAS
Accountancy firm name2019-12-31DCPAS, LLC DBA DAVIS & COMPANY CPAS
Accountancy firm EIN2019-12-31824158464
Accountancy firm EIN2019-12-31824158464
2018 : SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$3,740
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$490,646
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$111,018
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$98,860
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$553,915
Value of total assets at end of year2018-12-31$865,449
Value of total assets at beginning of year2018-12-31$482,081
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$12,158
Total interest from all sources2018-12-31$194
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$367,663
Participant contributions at end of year2018-12-31$29,997
Participant contributions at beginning of year2018-12-31$19,787
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$15,370
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-12-31$3,740
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$379,628
Value of net assets at end of year (total assets less liabilities)2018-12-31$861,709
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$482,081
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in pooled separate accounts at end of year2018-12-31$796,310
Value of interest in pooled separate accounts at beginning of year2018-12-31$444,798
Interest earned on other investments2018-12-31$194
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$25,683
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$8,021
Net investment gain/loss from pooled separate accounts2018-12-31$-63,463
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$170,882
Employer contributions (assets) at end of year2018-12-31$13,459
Employer contributions (assets) at beginning of year2018-12-31$9,475
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$98,860
Contract administrator fees2018-12-31$12,158
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31COULTER & JUSTUS
Accountancy firm EIN2018-12-31621532536
2017 : SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$421,565
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$51,765
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$44,271
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$376,836
Value of total assets at end of year2017-12-31$482,081
Value of total assets at beginning of year2017-12-31$112,281
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$7,494
Total interest from all sources2017-12-31$61
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$253,243
Participant contributions at end of year2017-12-31$19,787
Participant contributions at beginning of year2017-12-31$8,806
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$369,800
Value of net assets at end of year (total assets less liabilities)2017-12-31$482,081
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$112,281
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in pooled separate accounts at end of year2017-12-31$444,798
Value of interest in pooled separate accounts at beginning of year2017-12-31$96,787
Interest earned on other investments2017-12-31$61
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$8,021
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$2,325
Net investment gain/loss from pooled separate accounts2017-12-31$44,668
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$123,593
Employer contributions (assets) at end of year2017-12-31$9,475
Employer contributions (assets) at beginning of year2017-12-31$4,363
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$44,271
Contract administrator fees2017-12-31$7,494
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31COULTER & JUSTUS
Accountancy firm EIN2017-12-31621532536
2016 : SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$114,394
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$2,113
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$1,381
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$112,963
Value of total assets at end of year2016-12-31$112,281
Value of total assets at beginning of year2016-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$732
Total interest from all sources2016-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$74,018
Participant contributions at end of year2016-12-31$8,806
Participant contributions at beginning of year2016-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$1,901
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$112,281
Value of net assets at end of year (total assets less liabilities)2016-12-31$112,281
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in pooled separate accounts at end of year2016-12-31$96,787
Value of interest in pooled separate accounts at beginning of year2016-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$2,325
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$0
Net investment gain/loss from pooled separate accounts2016-12-31$1,431
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$37,044
Employer contributions (assets) at end of year2016-12-31$4,363
Employer contributions (assets) at beginning of year2016-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$1,381
Contract administrator fees2016-12-31$732
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31No
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No

Form 5500 Responses for SPORTSMAN BOATS MANUFACTURING 401(K) PLAN

2022: SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: SPORTSMAN BOATS MANUFACTURING 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 – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: SPORTSMAN BOATS MANUFACTURING 401(K) 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 – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: SPORTSMAN BOATS MANUFACTURING 401(K) PLAN 2016 form 5500 responses
2016-08-01Type of plan entitySingle employer plan
2016-08-01First time form 5500 has been submittedYes
2016-08-01Submission has been amendedYes
2016-08-01This submission is the final filingNo
2016-08-01This return/report is a short plan year return/report (less than 12 months)Yes
2016-08-01Plan is a collectively bargained planNo
2016-08-01Plan funding arrangement – InsuranceYes
2016-08-01Plan funding arrangement – TrustYes
2016-08-01Plan benefit arrangement – InsuranceYes
2016-08-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number506440001
Policy instance 1
Insurance contract or identification number506440001
Number of Individuals Covered7
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number506440001
Policy instance 1
Insurance contract or identification number506440001
Number of Individuals Covered6
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number506440001
Policy instance 1
Insurance contract or identification number506440001
Number of Individuals Covered8
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number931061-964
Policy instance 1
Insurance contract or identification number931061-964
Number of Individuals Covered322
Total amount of commissions paid to insurance brokerUSD $354
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Commission paid to Insurance BrokerUSD $354
Amount paid for insurance broker fees0
Additional information about fees paid to insurance broker0
Insurance broker organization code?3
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number506440001
Policy instance 2
Insurance contract or identification number506440001
Number of Individuals Covered7
Total amount of commissions paid to insurance brokerUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number931061-946
Policy instance 1
Insurance contract or identification number931061-946
Number of Individuals Covered285
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $2,589
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,812
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerN/A
Insurance broker organization code?3
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number931061-946
Policy instance 1
Insurance contract or identification number931061-946
Number of Individuals Covered162
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $1,076
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $453
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerN/A
Insurance broker organization code?3
Insurance broker nameWELLS FARGO ADVISORS INS AGENCY LLC

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