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THE 401(K) PLAN AND TRUST OF SCHOELLER TEXTIL USA, INC. 401k Plan overview

Plan NameTHE 401(K) PLAN AND TRUST OF SCHOELLER TEXTIL USA, INC.
Plan identification number 001

THE 401(K) PLAN AND TRUST OF SCHOELLER TEXTIL USA, INC. 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

SCHOELLER TEXTIL USA, INC. has sponsored the creation of one or more 401k plans.

Company Name:SCHOELLER TEXTIL USA, INC.
Employer identification number (EIN):030327226
NAIC Classification:424300

Additional information about SCHOELLER TEXTIL USA, INC.

Jurisdiction of Incorporation: Vermont Secretary of State Corporations Division
Incorporation Date: 1990-11-26
Company Identification Number: 106276
Legal Registered Office Address: 600 Blair Park Road
Suite 205
Williston
United States of America (USA)
05495

More information about SCHOELLER TEXTIL USA, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE 401(K) PLAN AND TRUST OF SCHOELLER TEXTIL USA, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01STEPHEN KERNS2022-10-12
0012020-01-01STEPHEN KERNS2021-09-27
0012019-01-01STEPHEN KERNS2020-10-09 SCHOELLER TEXTIL USA2020-10-09
0012018-01-01STEPHEN KERNS2019-07-23 SCHOELLER TEXTIL USA2019-07-23
0012017-01-01STEPHEN KERNS2018-05-03 STEPHEN KERNS2018-05-03
0012016-01-01STEPHEN KERNS2017-07-06 SCHOELLER TEXTIL USA2017-07-06
0012015-01-01STEPHEN KERNS2016-10-12 STEPHEN KERNS2016-10-12
0012014-01-01STEPHEN KERNS2015-10-09 STEPHEN KERNS2015-10-09
0012013-01-01THOMAS WEINBENDER2014-10-09
0012012-01-01THOMAS WEINBENDER2013-10-14
0012011-01-01THOMAS WEINBENDER2012-09-21
0012010-01-01THOMAS WEINBENDER2011-10-11

Plan Statistics for THE 401(K) PLAN AND TRUST OF SCHOELLER TEXTIL USA, INC.

401k plan membership statisitcs for THE 401(K) PLAN AND TRUST OF SCHOELLER TEXTIL USA, INC.

Measure Date Value
2025: THE 401(K) PLAN AND TRUST OF SCHOELLER TEXTIL USA, INC. 2025 401k membership
Total number of particpants at beginning of year2025-09-247
Total number of particpants at end of year2025-09-246
Number of Participants With Account Balances2025-09-246
Total number of particpants at beginning of year2025-07-187
Total number of particpants at end of year2025-07-185
Number of Participants With Account Balances2025-07-185
2022: THE 401(K) PLAN AND TRUST OF SCHOELLER TEXTIL USA, INC. 2022 401k membership
Total number of particpants at beginning of year2022-10-125
Total number of particpants at end of year2022-10-125
Number of Participants With Account Balances2022-10-125

Financial Data on THE 401(K) PLAN AND TRUST OF SCHOELLER TEXTIL USA, INC.

Measure Date Value
2025 : THE 401(K) PLAN AND TRUST OF SCHOELLER TEXTIL USA, INC. 2025 401k financial data
Total transfers to/from plan in this plan year2025-09-240
Total liabilities as of the end of the plan year2025-09-240
Total liabilities as of the beginning of the plan year2025-09-2448
Total expenses incurred by plan in this plan year2025-09-2445326
Net assets as of the end of the plan year2025-09-24943062
Total assets as of the beginning of the plan year2025-09-24661625
Value of plan covered by a fidelity bond2025-09-24300000
Participant contributions to plan in this plan year2025-09-2418964
Other expenses paid from plan in this plan year2025-09-240
Other contributions to plan in this plan year2025-09-240
Other income to plan in this plan year2025-09-24288883
Plan net income in this plan year2025-09-24281485
Net assets as of the end of the plan year2025-09-24943062
Net assets as of the beginning of the plan year2025-09-24661577
Employer contributions to plan in this plan year2025-09-2418964
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-2459
Total transfers to/from plan in this plan year2025-07-180
Total liabilities as of the end of the plan year2025-07-184625
Total liabilities as of the beginning of the plan year2025-07-18741
Total expenses incurred by plan in this plan year2025-07-1845326
Net assets as of the end of the plan year2025-07-18943110
Total assets as of the beginning of the plan year2025-07-18661117
Value of plan covered by a fidelity bond2025-07-18300000
Participant contributions to plan in this plan year2025-07-1817276
Other expenses paid from plan in this plan year2025-07-180
Other contributions to plan in this plan year2025-07-180
Other income to plan in this plan year2025-07-18288883
Plan net income in this plan year2025-07-18278109
Net assets as of the end of the plan year2025-07-18938485
Net assets as of the beginning of the plan year2025-07-18660376
Employer contributions to plan in this plan year2025-07-1817276
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-1859
2022 : THE 401(K) PLAN AND TRUST OF SCHOELLER TEXTIL USA, INC. 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-1247366
Net assets as of the end of the plan year2022-10-12736749
Total assets as of the beginning of the plan year2022-10-12540576
Value of plan covered by a fidelity bond2022-10-12300000
Participant contributions to plan in this plan year2022-10-1229232
Other contributions to plan in this plan year2022-10-1225364
Other income to plan in this plan year2022-10-12162226
Plan net income in this plan year2022-10-12196173
Net assets as of the end of the plan year2022-10-12736749
Net assets as of the beginning of the plan year2022-10-12540576
Employer contributions to plan in this plan year2022-10-1226717
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-122

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