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OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN 401k Plan overview

Plan NameOLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN
Plan identification number 001

OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN 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.
  • 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

OLYMPIC PRODUCTS has sponsored the creation of one or more 401k plans.

Company Name:OLYMPIC PRODUCTS
Employer identification number (EIN):980480548
NAIC Classification:325100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-01-01JENNIFER LITWINSKI JENNIFER LITWINSKI2016-05-09
0012015-01-01JENNIFER LITWINSKI JENNIFER LITWINSKI2016-07-19
0012015-01-01JENNIFER LITWINSKI JENNIFER LITWINSKI2016-10-07
0012014-01-01JENNIFER LITWINSKI JENNIFER LITWINSKI2015-09-14
0012013-01-01JENNIFER LITWINSKI JENNIFER LITWINSKI2014-08-29
0012012-01-01JENNIFER LITWINSKI2013-10-01 JENNIFER LITWINSKI2013-10-01
0012011-01-01JENNIFER LITWINSKI2012-09-10 ROBERT TANGNEY2012-09-21
0012010-01-01JENNIFER LITWINSKI2011-09-21
0012009-01-01JENNIFER LITWINSKI
0012009-01-01JOHN ROBERTS
0012009-01-01JOHN N ROBERTS

Plan Statistics for OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN

401k plan membership statisitcs for OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN

Measure Date Value
2015: OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01124
Total number of active participants reported on line 7a of the Form 55002015-01-010
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 participants2015-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-010
Number of participants with account balances2015-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01123
Total number of active participants reported on line 7a of the Form 55002014-01-01104
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0119
Total of all active and inactive participants2014-01-01123
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01123
Number of participants with account balances2014-01-0178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01121
Total number of active participants reported on line 7a of the Form 55002013-01-01104
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0119
Total of all active and inactive participants2013-01-01123
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01123
Number of participants with account balances2013-01-0190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2009: OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01115
Total number of active participants reported on line 7a of the Form 55002009-01-0181
Number of other retired or separated participants entitled to future benefits2009-01-0116
Total of all active and inactive participants2009-01-0197
Total participants2009-01-0197
Number of participants with account balances2009-01-0173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010
Number of retired or separated participants receiving benefits2009-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010

Financial Data on OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN

Measure Date Value
2015 : OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-07-31$0
Total transfer of assets from this plan2015-07-31$697,364
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-07-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-07-31$0
Total income from all sources (including contributions)2015-07-31$-607,291
Total loss/gain on sale of assets2015-07-31$0
Total of all expenses incurred2015-07-31$6,065
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-07-31$3,163
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-07-31$25,530
Value of total assets at end of year2015-07-31$0
Value of total assets at beginning of year2015-07-31$1,310,720
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-07-31$2,902
Total interest from all sources2015-07-31$0
Total dividends received (eg from common stock, registered investment company shares)2015-07-31$792
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-07-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2015-07-31$0
Total dividends received from registered investment company shares (eg mutual funds)2015-07-31$792
Was this plan covered by a fidelity bond2015-07-31Yes
Value of fidelity bond cover2015-07-31$100,000,000
If this is an individual account plan, was there a blackout period2015-07-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-07-31$0
Were there any nonexempt tranactions with any party-in-interest2015-07-31No
Contributions received from participants2015-07-31$17,951
Other income not declared elsewhere2015-07-31$-659,409
Administrative expenses (other) incurred2015-07-31$2,902
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-07-31No
Value of net income/loss2015-07-31$-613,356
Value of net assets at end of year (total assets less liabilities)2015-07-31$0
Value of net assets at beginning of year (total assets less liabilities)2015-07-31$1,310,720
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-07-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-07-31No
Were any leases to which the plan was party in default or uncollectible2015-07-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-07-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-07-31$1,223,441
Value of interest in common/collective trusts at end of year2015-07-31$0
Value of interest in common/collective trusts at beginning of year2015-07-31$87,279
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-07-31$22,408
Net investment gain or loss from common/collective trusts2015-07-31$3,388
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-07-31No
Was there a failure to transmit to the plan any participant contributions2015-07-31No
Has the plan failed to provide any benefit when due under the plan2015-07-31No
Contributions received in cash from employer2015-07-31$7,579
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-07-31$3,163
Did the plan have assets held for investment2015-07-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-07-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-07-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-07-31Yes
Opinion of an independent qualified public accountant for this plan2015-07-31Disclaimer
Accountancy firm name2015-07-31PRICEWATERHOUSECOOPERS
Accountancy firm EIN2015-07-31134008324
2014 : OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$278,272
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$293,581
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$283,122
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$210,814
Value of total assets at end of year2014-12-31$1,310,720
Value of total assets at beginning of year2014-12-31$1,326,029
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$10,459
Total interest from all sources2014-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$49,785
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$49,785
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$100,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$140,137
Participant contributions at beginning of year2014-12-31$359
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$11,656
Other income not declared elsewhere2014-12-31$10,463
Administrative expenses (other) incurred2014-12-31$10,459
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-15,309
Value of net assets at end of year (total assets less liabilities)2014-12-31$1,310,720
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$1,326,029
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$1,223,441
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$1,261,799
Value of interest in common/collective trusts at end of year2014-12-31$87,279
Value of interest in common/collective trusts at beginning of year2014-12-31$63,073
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$-2,817
Net investment gain or loss from common/collective trusts2014-12-31$10,027
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$59,021
Employer contributions (assets) at beginning of year2014-12-31$798
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$283,122
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31PRICEWATERHOUSECOOPERS
Accountancy firm EIN2014-12-31134008324
2013 : OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$294,914
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$45,789
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$37,112
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$183,153
Value of total assets at end of year2013-12-31$1,326,029
Value of total assets at beginning of year2013-12-31$1,076,904
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$8,677
Total interest from all sources2013-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$36,265
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$36,265
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$100,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$125,195
Participant contributions at end of year2013-12-31$359
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$2,921
Other income not declared elsewhere2013-12-31$1,563
Administrative expenses (other) incurred2013-12-31$8,677
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$249,125
Value of net assets at end of year (total assets less liabilities)2013-12-31$1,326,029
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$1,076,904
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$1,261,799
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$1,076,904
Value of interest in common/collective trusts at end of year2013-12-31$63,073
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$65,745
Net investment gain or loss from common/collective trusts2013-12-31$8,188
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$55,037
Employer contributions (assets) at end of year2013-12-31$798
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$37,112
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31PRICEWATERHOUSE
Accountancy firm EIN2013-12-31134008324
2009 : OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN

2015: OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingYes
2015-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT 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 – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2009: OLYMPIC PRODUCTS, LLC 401(K) RETIREMENT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
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 – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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