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DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameDALE HARDWARE, INC 401(K) PROFIT SHARING PLAN
Plan identification number 002

DALE HARDWARE, INC 401(K) PROFIT SHARING 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.
  • 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

DALE HARDWARE, INC has sponsored the creation of one or more 401k plans.

Company Name:DALE HARDWARE, INC
Employer identification number (EIN):941617599
NAIC Classification:444130
NAIC Description:Hardware Stores

Additional information about DALE HARDWARE, INC

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number: 792764

More information about DALE HARDWARE, INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01KYLE SMITH2023-05-26 KYLE SMITH2023-05-26
0022021-01-01GARTH SMITH2022-05-10 GARTH SMITH2022-05-10
0022020-01-01GARTH SMITH2021-06-16 GARTH SMITH2021-06-16
0022019-01-01PATRICIA BRUJ2020-05-20
0022018-01-01GARTH SMITH2019-07-23 GARTH SMITH2019-07-23
0022017-01-01GARTH SMITH2018-05-20 GARTH SMITH2018-05-20
0022016-01-01GARTH SMITH2017-07-24 DALE HARDWARE2017-07-24
0022015-01-01GARTH SMITH2016-07-14 GARTH SMITH2016-07-14
0022014-01-01GARTH SMITH2015-10-05
0022013-01-01RAY SHOJINAGA
0022012-01-01GARTH SMITH GARTH SMITH2013-04-22
0022011-01-01GARTH SMITH GARTH SMITH2012-07-16
0022010-01-01GARTH SMITH GARTH SMITH2011-05-14
0022009-01-01GARTH W. SMITH GARTH W. SMITH2010-09-20

Plan Statistics for DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN

Measure Date Value
2013: DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0177
Total number of active participants reported on line 7a of the Form 55002013-01-0177
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-015
Total of all active and inactive participants2013-01-0182
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0182
Number of participants with account balances2013-01-0161
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0178
Total number of active participants reported on line 7a of the Form 55002012-01-0174
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-013
Total of all active and inactive participants2012-01-0177
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0177
Number of participants with account balances2012-01-0160
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-011
2011: DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0180
Total number of active participants reported on line 7a of the Form 55002011-01-0149
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-019
Total of all active and inactive participants2011-01-0158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0158
Number of participants with account balances2011-01-0178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0169
Total number of active participants reported on line 7a of the Form 55002010-01-0176
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-014
Total of all active and inactive participants2010-01-0180
Total participants2010-01-0180
Number of participants with account balances2010-01-0159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-011
2009: DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0164
Total number of active participants reported on line 7a of the Form 55002009-01-0170
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-016
Total of all active and inactive participants2009-01-0176
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0176
Number of participants with account balances2009-01-0162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-011

Financial Data on DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN

Measure Date Value
2013 : DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$867,546
Expenses. Total of all expenses incurred2013-12-31$67,160
Benefits paid (including direct rollovers)2013-12-31$55,828
Total plan assets at end of year2013-12-31$4,637,982
Total plan assets at beginning of year2013-12-31$3,837,596
Value of fidelity bond covering the plan2013-12-31$500,000
Total contributions received or receivable from participants2013-12-31$151,236
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$716,310
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$800,386
Net plan assets at end of year (total assets less liabilities)2013-12-31$4,637,982
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$3,837,596
Assets. Value of participant loans2013-12-31$13,713
Total contributions received or receivable from employer(s)2013-12-31$0
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$11,332
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total plan liabilities at end of year2012-12-31$68
Total income from all sources2012-12-31$630,722
Expenses. Total of all expenses incurred2012-12-31$352,747
Benefits paid (including direct rollovers)2012-12-31$341,242
Total plan assets at end of year2012-12-31$3,837,664
Total plan assets at beginning of year2012-12-31$3,559,621
Value of fidelity bond covering the plan2012-12-31$500,000
Total contributions received or receivable from participants2012-12-31$144,068
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$486,654
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$277,975
Net plan assets at end of year (total assets less liabilities)2012-12-31$3,837,596
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$3,559,621
Assets. Value of participant loans2012-12-31$28,287
Total contributions received or receivable from employer(s)2012-12-31$0
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$11,505
2011 : DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$-11,076
Expenses. Total of all expenses incurred2011-12-31$39,298
Benefits paid (including direct rollovers)2011-12-31$19,738
Total plan assets at end of year2011-12-31$3,559,621
Total plan assets at beginning of year2011-12-31$3,609,995
Value of fidelity bond covering the plan2011-12-31$400,000
Total contributions received or receivable from participants2011-12-31$132,434
Contributions received from other sources (not participants or employers)2011-12-31$395
Other income received2011-12-31$-143,905
Net income (gross income less expenses)2011-12-31$-50,374
Net plan assets at end of year (total assets less liabilities)2011-12-31$3,559,621
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$3,609,995
Assets. Value of participant loans2011-12-31$23,610
Total contributions received or receivable from employer(s)2011-12-31$0
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$19,560
2010 : DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$558,269
Expenses. Total of all expenses incurred2010-12-31$31,469
Benefits paid (including direct rollovers)2010-12-31$10,208
Total plan assets at end of year2010-12-31$3,609,995
Total plan assets at beginning of year2010-12-31$3,083,195
Value of fidelity bond covering the plan2010-12-31$400,000
Total contributions received or receivable from participants2010-12-31$123,815
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$77,280
Other income received2010-12-31$357,174
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$526,800
Net plan assets at end of year (total assets less liabilities)2010-12-31$3,609,995
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$3,083,195
Total contributions received or receivable from employer(s)2010-12-31$0
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$21,261

Form 5500 Responses for DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN

2013: DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: DALE HARDWARE, INC 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
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

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number997940-000
Policy instance 1
Insurance contract or identification number997940-000
Number of Individuals Covered61
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $10,434
Total amount of fees paid to insurance companyUSD $2,033
Are there contracts with allocated funds for individual policies?No
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?No
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 $10,434
Insurance broker organization code?3
Amount paid for insurance broker fees2033
Additional information about fees paid to insurance brokerADMINISTRATIVE SERVICES
Insurance broker nameTRENDCEPTS INTERNATIONAL, INC.
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number997940-000
Policy instance 1
Insurance contract or identification number997940-000
Number of Individuals Covered58
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $9,019
Total amount of fees paid to insurance companyUSD $1,793
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number997940-000
Policy instance 1
Insurance contract or identification number997940-000
Number of Individuals Covered59
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $7,961
Total amount of fees paid to insurance companyUSD $1,558
Commission paid to Insurance BrokerUSD $7,961
Insurance broker organization code?3
Amount paid for insurance broker fees1558
Insurance broker nameTRENDCEPTS INTERNATIONAL, INC.

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