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COAST MARINE & INDUSTRIAL SUPPLY, INC. PROFIT SHA 401k Plan overview

Plan NameCOAST MARINE & INDUSTRIAL SUPPLY, INC. PROFIT SHA
Plan identification number 001

COAST MARINE & INDUSTRIAL SUPPLY, INC. PROFIT SHA 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.
  • 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

COAST MARINE & INDUSTRIAL SUPPLY INC. has sponsored the creation of one or more 401k plans.

Company Name:COAST MARINE & INDUSTRIAL SUPPLY INC.
Employer identification number (EIN):941388909
NAIC Classification:326200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COAST MARINE & INDUSTRIAL SUPPLY, INC. PROFIT SHA

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01NICK RICE2024-06-20
0012022-09-01SHIRLEY HORNER2023-08-10
0012017-05-01
0012016-05-01ROBERT SALVAREZZA2017-05-31
0012015-05-01ROBERT SALVAREZZA2017-04-11
0012014-05-01ROBERT SALVAREZZA2017-04-28
0012013-05-01ROBERT SALVEREEZA2014-12-15
0012012-05-01BRUCE BECKER2013-12-06
0012011-05-01ROBERT SALVAREEZA2013-01-28
0012009-05-01ROBERT SALVAREZZA

Plan Statistics for COAST MARINE & INDUSTRIAL SUPPLY, INC. PROFIT SHA

401k plan membership statisitcs for COAST MARINE & INDUSTRIAL SUPPLY, INC. PROFIT SHA

Measure Date Value
2009: COAST MARINE & INDUSTRIAL SUPPLY, INC. PROFIT SHA 2009 401k membership
Total participants, beginning-of-year2009-05-0111
Total number of active participants reported on line 7a of the Form 55002009-05-018
Number of retired or separated participants receiving benefits2009-05-011
Number of other retired or separated participants entitled to future benefits2009-05-010
Total of all active and inactive participants2009-05-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-05-010
Total participants2009-05-019
Number of participants with account balances2009-05-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-05-010

Financial Data on COAST MARINE & INDUSTRIAL SUPPLY, INC. PROFIT SHA

Measure Date Value
2011 : COAST MARINE & INDUSTRIAL SUPPLY, INC. PROFIT SHA 2011 401k financial data
Transfers to/from the plan2011-04-30$0
Total plan liabilities at end of year2011-04-30$0
Total plan liabilities at beginning of year2011-04-30$0
Total income from all sources2011-04-30$-69,420
Expenses. Total of all expenses incurred2011-04-30$2,838
Benefits paid (including direct rollovers)2011-04-30$0
Total plan assets at end of year2011-04-30$1,175,419
Total plan assets at beginning of year2011-04-30$1,247,677
Value of fidelity bond covering the plan2011-04-30$250,000
Total contributions received or receivable from participants2011-04-30$0
Expenses. Other expenses not covered elsewhere2011-04-30$0
Contributions received from other sources (not participants or employers)2011-04-30$0
Other income received2011-04-30$-131,748
Noncash contributions received2011-04-30$0
Net income (gross income less expenses)2011-04-30$-72,258
Net plan assets at end of year (total assets less liabilities)2011-04-30$1,175,419
Net plan assets at beginning of year (total assets less liabilities)2011-04-30$1,247,677
Assets. Value of participant loans2011-04-30$21,687
Total contributions received or receivable from employer(s)2011-04-30$62,328
Value of certain deemed distributions of participant loans2011-04-30$0
Value of corrective distributions2011-04-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-04-30$2,838
2010 : COAST MARINE & INDUSTRIAL SUPPLY, INC. PROFIT SHA 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-04-30$0

Form 5500 Responses for COAST MARINE & INDUSTRIAL SUPPLY, INC. PROFIT SHA

2009: COAST MARINE & INDUSTRIAL SUPPLY, INC. PROFIT SHA 2009 form 5500 responses
2009-05-01Type of plan entitySingle employer plan
2009-05-01Submission has been amendedNo
2009-05-01This submission is the final filingNo
2009-05-01This return/report is a short plan year return/report (less than 12 months)No
2009-05-01Plan is a collectively bargained planNo
2009-05-01Plan funding arrangement – InsuranceYes
2009-05-01Plan funding arrangement – TrustYes
2009-05-01Plan benefit arrangement – InsuranceYes
2009-05-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

NEW ENGLAND FINANCIAL (National Association of Insurance Commissioners NAIC id number: 91626 )
Policy contract number
Policy instance 1
Number of Individuals Covered4
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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