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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.
  • Plan covering Self-Employed individuals.
  • 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.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JAMES FOOTE2024-04-15
0012022-01-01JAMES FOOTE2023-05-02
0012021-01-01JAMES FOOTE2022-05-09
0012020-01-01JAMES FOOTE2021-06-07

Plan Statistics for

401k plan membership statisitcs for

Measure Date Value
2025: 2025 401k membership
Total number of particpants at beginning of year2025-09-292
Total number of particpants at end of year2025-09-290
Number of Participants With Account Balances2025-09-290
Total number of particpants at beginning of year2025-07-183
Total number of particpants at end of year2025-07-182
Number of Participants With Account Balances2025-07-182
2024: 2024 401k membership
Total number of particpants at beginning of year2024-04-153
Total number of particpants at end of year2024-04-153
Number of Participants With Account Balances2024-04-152
2022: 2022 401k membership
Total number of particpants at beginning of year2022-05-094
Total number of particpants at end of year2022-05-093
Number of Participants With Account Balances2022-05-092

Financial Data on

Measure Date Value
2025 : 2025 401k financial data
Total expenses incurred by plan in this plan year2025-09-2933051
Net assets as of the end of the plan year2025-09-290
Total assets as of the beginning of the plan year2025-09-2926029
Value of plan covered by a fidelity bond2025-09-2910000
Participant contributions to plan in this plan year2025-09-292604
Other income to plan in this plan year2025-09-292682
Plan net income in this plan year2025-09-29-26029
Net assets as of the end of the plan year2025-09-290
Net assets as of the beginning of the plan year2025-09-2926029
Employer contributions to plan in this plan year2025-09-291736
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-29113
Total transfers to/from plan in this plan year2025-07-180
Total expenses incurred by plan in this plan year2025-07-185195
Net assets as of the end of the plan year2025-07-1826029
Total assets as of the beginning of the plan year2025-07-1812024
Value of plan covered by a fidelity bond2025-07-1810000
Participant contributions to plan in this plan year2025-07-188347
Value of participant loans at end of plan year2025-07-182940
Other contributions to plan in this plan year2025-07-180
Other income to plan in this plan year2025-07-184898
Plan net income in this plan year2025-07-1814005
Net assets as of the end of the plan year2025-07-1826029
Net assets as of the beginning of the plan year2025-07-1812024
Value of contributions failed to transmitted timely2025-07-18107
Employer contributions to plan in this plan year2025-07-185955
Fees paid to broker by Benefit Provider2025-07-180
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-1845
2024 : 2024 401k financial data
Total transfers to/from plan in this plan year2024-04-150
Total expenses incurred by plan in this plan year2024-04-1519220
Net assets as of the end of the plan year2024-04-1512024
Total assets as of the beginning of the plan year2024-04-1523817
Participant contributions to plan in this plan year2024-04-153067
Other expenses paid from plan in this plan year2024-04-150
Other contributions to plan in this plan year2024-04-150
Other income to plan in this plan year2024-04-151742
Plan net income in this plan year2024-04-15-11793
Net assets as of the end of the plan year2024-04-1512024
Net assets as of the beginning of the plan year2024-04-1523817
Employer contributions to plan in this plan year2024-04-152618
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-15159
2022 : 2022 401k financial data
Total expenses incurred by plan in this plan year2022-05-0955
Net assets as of the end of the plan year2022-05-0916514
Total assets as of the beginning of the plan year2022-05-098171
Participant contributions to plan in this plan year2022-05-093499
Other expenses paid from plan in this plan year2022-05-090
Other contributions to plan in this plan year2022-05-090
Other income to plan in this plan year2022-05-091837
Plan net income in this plan year2022-05-098343
Net assets as of the end of the plan year2022-05-0916514
Net assets as of the beginning of the plan year2022-05-098171
Employer contributions to plan in this plan year2022-05-093062
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-0955

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