401k Plan data: WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN plan

WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN 401k Plan overview

Plan Name	WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN
Plan identification number	001

WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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

WOODS HOLE GROUP has sponsored the creation of one or more 401k plans.

Company Name: WOODS HOLE GROUP

Employer identification number (EIN): 043408801

NAIC Classification: 541600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01 LUKE SABELLA 2020-07-22
001 2018-01-01 LUKE SABELLA 2019-09-20
001 2017-01-01 LUKE SABELLA 2018-09-17
001 2016-01-01 LUKE SABELLA 2017-07-10
001 2015-01-01 LUKE SABELLA 2016-08-10
001 2014-01-01 LUKE SABELLA 2015-07-01
001 2013-01-01 J LUKE SABELLA 2014-09-15
001 2012-01-01 LUKE SABELLA 2013-06-03
001 2011-01-01 J. LUKE SABELLA 2012-05-22
001 2010-01-01 J. LUKE SABELLA 2011-05-02

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01	LUKE SABELLA	2020-07-22
001	2018-01-01	LUKE SABELLA	2019-09-20
001	2017-01-01	LUKE SABELLA	2018-09-17
001	2016-01-01	LUKE SABELLA	2017-07-10
001	2015-01-01	LUKE SABELLA	2016-08-10
001	2014-01-01	LUKE SABELLA	2015-07-01
001	2013-01-01	J LUKE SABELLA	2014-09-15
001	2012-01-01	LUKE SABELLA	2013-06-03
001	2011-01-01	J. LUKE SABELLA	2012-05-22
001	2010-01-01	J. LUKE SABELLA	2011-05-02

Plan Statistics for WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN

401k plan membership statisitcs for WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN

Measure Date Value
2022: WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 116
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 76
Number of retired or separated participants receiving benefits 2022-01-01 1
Number of other retired or separated participants entitled to future benefits 2022-01-01 35
Total of all active and inactive participants 2022-01-01 112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 1
Total participants 2022-01-01 113
Number of participants with account balances 2022-01-01 113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 7
2021: WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 112
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 85
Number of retired or separated participants receiving benefits 2021-01-01 1
Number of other retired or separated participants entitled to future benefits 2021-01-01 29
Total of all active and inactive participants 2021-01-01 115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 1
Total participants 2021-01-01 116
Number of participants with account balances 2021-01-01 113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 1
2020: WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 130
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 82
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 29
Total of all active and inactive participants 2020-01-01 111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 1
Total participants 2020-01-01 112
Number of participants with account balances 2020-01-01 112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 1

Measure	Date	Value
2022: WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	116
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	76
Number of retired or separated participants receiving benefits	2022-01-01	1
Number of other retired or separated participants entitled to future benefits	2022-01-01	35
Total of all active and inactive participants	2022-01-01	112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	1
Total participants	2022-01-01	113
Number of participants with account balances	2022-01-01	113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	7
2021: WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	112
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	85
Number of retired or separated participants receiving benefits	2021-01-01	1
Number of other retired or separated participants entitled to future benefits	2021-01-01	29
Total of all active and inactive participants	2021-01-01	115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	1
Total participants	2021-01-01	116
Number of participants with account balances	2021-01-01	113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	1
2020: WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	130
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	82
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	29
Total of all active and inactive participants	2020-01-01	111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	1
Total participants	2020-01-01	112
Number of participants with account balances	2020-01-01	112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	1

Financial Data on WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN

Measure	Date	Value
2022 : WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN 2022 401k financial data
Total income from all sources (including contributions)	2022-12-31	$-1,390,521
Total of all expenses incurred	2022-12-31	$2,510,186
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$2,412,105
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$1,202,962
Value of total assets at end of year	2022-12-31	$14,010,274
Value of total assets at beginning of year	2022-12-31	$17,910,981
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$98,081
Total interest from all sources	2022-12-31	$2,886
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$238,592
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$238,592
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$715,864
Participant contributions at end of year	2022-12-31	$79,743
Participant contributions at beginning of year	2022-12-31	$48,516
Participant contributions at end of year	2022-12-31	$0
Participant contributions at beginning of year	2022-12-31	$4,473
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$69,227
Value of other receiveables (less allowance for doubtful accounts) at end of year	2022-12-31	$2,151
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2022-12-31	$0
Administrative expenses (other) incurred	2022-12-31	$44,065
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-3,900,707
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$14,010,274
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$17,910,981
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Investment advisory and management fees	2022-12-31	$54,016
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$12,034,104
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$16,328,464
Interest on participant loans	2022-12-31	$2,886
Value of interest in common/collective trusts at end of year	2022-12-31	$1,894,276
Value of interest in common/collective trusts at beginning of year	2022-12-31	$1,529,528
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-2,877,912
Net investment gain or loss from common/collective trusts	2022-12-31	$42,951
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$417,871
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$2,412,105
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2022-12-31	No
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	KAHN, LITWIN, RENZA & CO., LTD
Accountancy firm EIN	2022-12-31	050409384
2021 : WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources (including contributions)	2021-12-31	$3,388,267
Total of all expenses incurred	2021-12-31	$610,790
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$507,756
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,218,612
Value of total assets at end of year	2021-12-31	$17,910,981
Value of total assets at beginning of year	2021-12-31	$15,133,504
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$103,034
Total interest from all sources	2021-12-31	$3,161
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$318,365
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$318,365
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$751,858
Participant contributions at end of year	2021-12-31	$48,516
Participant contributions at beginning of year	2021-12-31	$89,276
Participant contributions at end of year	2021-12-31	$4,473
Participant contributions at beginning of year	2021-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$12,160
Administrative expenses (other) incurred	2021-12-31	$49,213
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$2,777,477
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$17,910,981
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$15,133,504
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Investment advisory and management fees	2021-12-31	$53,821
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$16,328,464
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$13,667,714
Interest on participant loans	2021-12-31	$3,161
Value of interest in common/collective trusts at end of year	2021-12-31	$1,529,528
Value of interest in common/collective trusts at beginning of year	2021-12-31	$1,371,254
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$1,814,222
Net investment gain or loss from common/collective trusts	2021-12-31	$33,907
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$454,594
Employer contributions (assets) at end of year	2021-12-31	$0
Employer contributions (assets) at beginning of year	2021-12-31	$5,260
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$507,756
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2021-12-31	No
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	KAHN, LITWIN, RENZA & CO., LTD
Accountancy firm EIN	2021-12-31	050409384
2020 : WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources (including contributions)	2020-12-31	$3,350,884
Total of all expenses incurred	2020-12-31	$743,531
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$648,388
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,464,490
Value of total assets at end of year	2020-12-31	$15,133,504
Value of total assets at beginning of year	2020-12-31	$12,526,151
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$95,143
Total interest from all sources	2020-12-31	$5,352
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$208,363
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$208,363
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$731,096
Participant contributions at end of year	2020-12-31	$89,276
Participant contributions at beginning of year	2020-12-31	$100,823
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$276,613
Administrative expenses (other) incurred	2020-12-31	$49,304
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$2,607,353
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$15,133,504
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$12,526,151
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Investment advisory and management fees	2020-12-31	$45,839
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$13,667,714
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$11,334,918
Interest on participant loans	2020-12-31	$5,352
Value of interest in common/collective trusts at end of year	2020-12-31	$1,371,254
Value of interest in common/collective trusts at beginning of year	2020-12-31	$1,090,410
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$1,643,809
Net investment gain or loss from common/collective trusts	2020-12-31	$28,870
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$456,781
Employer contributions (assets) at end of year	2020-12-31	$5,260
Employer contributions (assets) at beginning of year	2020-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$648,388
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2020-12-31	No
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	KAHN, LITWIN, RENZA & CO., LTD
Accountancy firm EIN	2020-12-31	050409384

Form 5500 Responses for WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN

2022: WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: WOODS HOLE GROUP 401(K) AND PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )

Policy contract number

517567

Policy instance

Insurance contract or identification number	517567
Number of Individuals Covered	112
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	WOODS HOLE GROUP
Employer identification number (EIN):	043408801
NAIC Classification:	541600