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PROFIT SHARING PLAN FOR ASHOK SHETH 401k Plan overview

Plan NamePROFIT SHARING PLAN FOR ASHOK SHETH
Plan identification number 001

PROFIT SHARING PLAN FOR ASHOK SHETH Benefits

401k Plan TypeDefined 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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.

401k Sponsoring company profile

STONE PRODUCTS UNLIMITED INC PSRP has sponsored the creation of one or more 401k plans.

Company Name:STONE PRODUCTS UNLIMITED INC PSRP
Employer identification number (EIN):043787955
NAIC Classification:423990
NAIC Description:Other Miscellaneous Durable Goods Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROFIT SHARING PLAN FOR ASHOK SHETH

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01BHOUMIK SHETH2024-06-03
0012022-01-01BHOUMIK SHETH2023-07-03
0012021-01-01ASHOK SHETH2022-05-09
0012020-01-01ASHOK SHETH2021-07-13
0012019-01-01ASHOK SHETH2020-06-02
0012018-01-01ASHOK SHETH2019-06-18
0012017-01-01ASHOK SHETH2018-10-04
0012016-01-01ASHOK SHETH2017-07-27
0012015-01-01ASHOK SHETH2016-07-28
0012014-01-01ASHOK SHETH2015-07-02
0012012-01-01ASHOK SHETH2013-07-31

Financial Data on PROFIT SHARING PLAN FOR ASHOK SHETH

Measure Date Value
2025 : PROFIT SHARING PLAN FOR ASHOK SHETH 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-1017711
Net assets as of the end of the plan year2025-07-10233726
Total assets as of the beginning of the plan year2025-07-10159451
Value of plan covered by a fidelity bond2025-07-1010000
Participant contributions to plan in this plan year2025-07-1050698
Value of participant loans at end of plan year2025-07-100
Other expenses paid from plan in this plan year2025-07-100
Other contributions to plan in this plan year2025-07-100
Other income to plan in this plan year2025-07-1022926
Plan net income in this plan year2025-07-1074275
Net assets as of the end of the plan year2025-07-10233726
Net assets as of the beginning of the plan year2025-07-10159451
Employer contributions to plan in this plan year2025-07-1018362
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-101479
2024 : PROFIT SHARING PLAN FOR ASHOK SHETH 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-038576
Net assets as of the end of the plan year2024-06-03159451
Total assets as of the beginning of the plan year2024-06-0346745
Value of plan covered by a fidelity bond2024-06-0310000
Participant contributions to plan in this plan year2024-06-0376337
Other contributions to plan in this plan year2024-06-030
Other income to plan in this plan year2024-06-0315702
Plan net income in this plan year2024-06-03112706
Net assets as of the end of the plan year2024-06-03159451
Net assets as of the beginning of the plan year2024-06-0346745
Employer contributions to plan in this plan year2024-06-0329243
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-031104
2022 : PROFIT SHARING PLAN FOR ASHOK SHETH 2022 401k financial data
Total expenses incurred by plan in this plan year2022-05-091113440
Total assets as of the beginning of the plan year2022-05-09964183
Other income to plan in this plan year2022-05-09149257
Plan net income in this plan year2022-05-09-964183
Net assets as of the beginning of the plan year2022-05-09964183

Potentially related plans

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