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THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 401k Plan overview

Plan NameTHE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN
Plan identification number 001

THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

INNOVATIVE PLASTICS CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:INNOVATIVE PLASTICS CORPORATION
Employer identification number (EIN):133386684
NAIC Classification:326100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01JANICE ASARO
0012017-01-01JANICE ASARO
0012016-01-01JANICE ASARO
0012015-01-01PETER STREITMAN
0012014-01-01JANICE ASARO
0012013-01-01JANICE ASARO
0012012-01-01PETER STREITMAN PETER STREITMAN2013-06-27
0012011-01-01PETER STREITMAN
0012010-01-01PETER STREITMAN
0012009-04-30PETER STREITMAN
0012009-01-01PETER STREITMAN

Plan Statistics for THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN

401k plan membership statisitcs for THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN

Measure Date Value
2022: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0194
Total number of active participants reported on line 7a of the Form 55002022-01-0189
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-015
Total of all active and inactive participants2022-01-0194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0194
Number of participants with account balances2022-01-0159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-011
2021: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01100
Total number of active participants reported on line 7a of the Form 55002021-01-0189
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-015
Total of all active and inactive participants2021-01-0194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0194
Number of participants with account balances2021-01-0161
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0189
Total number of active participants reported on line 7a of the Form 55002020-01-0197
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-013
Total of all active and inactive participants2020-01-01100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01100
Number of participants with account balances2020-01-0159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0188
Total number of active participants reported on line 7a of the Form 55002019-01-0186
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-013
Total of all active and inactive participants2019-01-0189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0189
Number of participants with account balances2019-01-0159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0194
Total number of active participants reported on line 7a of the Form 55002018-01-0184
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-014
Total of all active and inactive participants2018-01-0188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0188
Number of participants with account balances2018-01-0157
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01103
Total number of active participants reported on line 7a of the Form 55002017-01-0192
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-012
Total of all active and inactive participants2017-01-0194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0194
Number of participants with account balances2017-01-0161
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0194
Total number of active participants reported on line 7a of the Form 55002016-01-01100
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-013
Total of all active and inactive participants2016-01-01103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01103
Number of participants with account balances2016-01-0163
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0194
Total number of active participants reported on line 7a of the Form 55002015-01-0189
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-015
Total of all active and inactive participants2015-01-0194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0194
Number of participants with account balances2015-01-0166
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0187
Total number of active participants reported on line 7a of the Form 55002014-01-0189
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-015
Total of all active and inactive participants2014-01-0194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0194
Number of participants with account balances2014-01-0162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0190
Total number of active participants reported on line 7a of the Form 55002013-01-0183
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-014
Total of all active and inactive participants2013-01-0187
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0187
Number of participants with account balances2013-01-0159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0191
Total number of active participants reported on line 7a of the Form 55002012-01-0186
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-014
Total of all active and inactive participants2012-01-0190
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0190
Number of participants with account balances2012-01-0158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0191
Total number of active participants reported on line 7a of the Form 55002011-01-0184
Number of retired or separated participants receiving benefits2011-01-011
Number of other retired or separated participants entitled to future benefits2011-01-016
Total of all active and inactive participants2011-01-0191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0191
Number of participants with account balances2011-01-0163
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0196
Total number of active participants reported on line 7a of the Form 55002010-01-0186
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-015
Total of all active and inactive participants2010-01-0191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0191
Number of participants with account balances2010-01-0168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year2009-04-3095
Total number of active participants reported on line 7a of the Form 55002009-04-3090
Number of retired or separated participants receiving benefits2009-04-300
Number of other retired or separated participants entitled to future benefits2009-04-306
Total of all active and inactive participants2009-04-3096
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-04-300
Total participants2009-04-3096
Number of participants with account balances2009-04-3060
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-04-300
Total participants, beginning-of-year2009-01-0195
Total number of active participants reported on line 7a of the Form 55002009-01-0190
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-016
Total of all active and inactive participants2009-01-0196
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0196
Number of participants with account balances2009-01-0160
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN

Measure Date Value
2022 : THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2022 401k financial data
Transfers to/from the plan2022-12-31$32,712
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$-1,809,226
Expenses. Total of all expenses incurred2022-12-31$298,866
Benefits paid (including direct rollovers)2022-12-31$314,595
Total plan assets at end of year2022-12-31$11,897,749
Total plan assets at beginning of year2022-12-31$13,973,129
Value of fidelity bond covering the plan2022-12-31$500,000
Assets. Value of tangible personal property2022-12-31$0
Total contributions received or receivable from participants2022-12-31$508,551
Assets. Value of loans (other than to participants)2022-12-31$0
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$-2,540,722
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-2,108,092
Net plan assets at end of year (total assets less liabilities)2022-12-31$11,897,749
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$13,973,129
Assets. Value of participant loans2022-12-31$81,090
Assets. Value of assets in partnership/joint-venture interests2022-12-31$0
Assets. Value of real-estate (other than employer real property)2022-12-31$0
Assets. Value of employer securities2022-12-31$0
Assets. Value of employer real property2022-12-31$0
Total contributions received or receivable from employer(s)2022-12-31$222,945
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$-15,729
2021 : THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$2,073,592
Expenses. Total of all expenses incurred2021-12-31$154,690
Benefits paid (including direct rollovers)2021-12-31$171,319
Total plan assets at end of year2021-12-31$13,973,129
Total plan assets at beginning of year2021-12-31$12,054,227
Value of fidelity bond covering the plan2021-12-31$500,000
Assets. Value of tangible personal property2021-12-31$0
Total contributions received or receivable from participants2021-12-31$445,602
Assets. Value of loans (other than to participants)2021-12-31$0
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$1,435,996
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$1,918,902
Net plan assets at end of year (total assets less liabilities)2021-12-31$13,973,129
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$12,054,227
Assets. Value of participant loans2021-12-31$76,553
Assets. Value of assets in partnership/joint-venture interests2021-12-31$0
Assets. Value of real-estate (other than employer real property)2021-12-31$0
Assets. Value of employer securities2021-12-31$0
Assets. Value of employer real property2021-12-31$0
Total contributions received or receivable from employer(s)2021-12-31$191,994
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$-16,629
2020 : THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$2,366,043
Expenses. Total of all expenses incurred2020-12-31$755,176
Benefits paid (including direct rollovers)2020-12-31$769,005
Total plan assets at end of year2020-12-31$12,054,227
Total plan assets at beginning of year2020-12-31$10,443,360
Value of fidelity bond covering the plan2020-12-31$500,000
Assets. Value of tangible personal property2020-12-31$0
Total contributions received or receivable from participants2020-12-31$445,554
Assets. Value of loans (other than to participants)2020-12-31$0
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$1,728,485
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$1,610,867
Net plan assets at end of year (total assets less liabilities)2020-12-31$12,054,227
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$10,443,360
Assets. Value of participant loans2020-12-31$52,835
Assets. Value of assets in partnership/joint-venture interests2020-12-31$0
Assets. Value of real-estate (other than employer real property)2020-12-31$0
Assets. Value of employer securities2020-12-31$0
Assets. Value of employer real property2020-12-31$0
Total contributions received or receivable from employer(s)2020-12-31$192,004
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$-13,829
2019 : THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$2,371,787
Expenses. Total of all expenses incurred2019-12-31$820,808
Benefits paid (including direct rollovers)2019-12-31$830,499
Total plan assets at end of year2019-12-31$10,443,360
Total plan assets at beginning of year2019-12-31$8,892,381
Value of fidelity bond covering the plan2019-12-31$500,000
Total contributions received or receivable from participants2019-12-31$423,798
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$1,764,161
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$1,550,979
Net plan assets at end of year (total assets less liabilities)2019-12-31$10,443,360
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$8,892,381
Assets. Value of participant loans2019-12-31$63,197
Total contributions received or receivable from employer(s)2019-12-31$183,828
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$-9,691
2018 : THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$172,224
Expenses. Total of all expenses incurred2018-12-31$237,687
Benefits paid (including direct rollovers)2018-12-31$236,637
Total plan assets at end of year2018-12-31$8,892,381
Total plan assets at beginning of year2018-12-31$8,957,844
Value of fidelity bond covering the plan2018-12-31$500,000
Total contributions received or receivable from participants2018-12-31$406,379
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-419,274
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-65,463
Net plan assets at end of year (total assets less liabilities)2018-12-31$8,892,381
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$8,957,844
Assets. Value of participant loans2018-12-31$49,716
Total contributions received or receivable from employer(s)2018-12-31$185,119
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$1,050
2017 : THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$1,798,476
Expenses. Total of all expenses incurred2017-12-31$297,935
Benefits paid (including direct rollovers)2017-12-31$295,885
Total plan assets at end of year2017-12-31$8,957,844
Total plan assets at beginning of year2017-12-31$7,457,303
Value of fidelity bond covering the plan2017-12-31$500,000
Assets. Value of tangible personal property2017-12-31$0
Total contributions received or receivable from participants2017-12-31$376,546
Assets. Value of loans (other than to participants)2017-12-31$0
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$903
Other income received2017-12-31$1,241,996
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$1,500,541
Net plan assets at end of year (total assets less liabilities)2017-12-31$8,957,844
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$7,457,303
Assets. Value of participant loans2017-12-31$72,619
Assets. Value of assets in partnership/joint-venture interests2017-12-31$0
Assets. Value of real-estate (other than employer real property)2017-12-31$0
Assets. Value of employer securities2017-12-31$0
Assets. Value of employer real property2017-12-31$0
Total contributions received or receivable from employer(s)2017-12-31$179,031
Value of certain deemed distributions of participant loans2017-12-31$950
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$1,100
2016 : THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$921,660
Expenses. Total of all expenses incurred2016-12-31$260,270
Benefits paid (including direct rollovers)2016-12-31$259,270
Total plan assets at end of year2016-12-31$7,457,303
Total plan assets at beginning of year2016-12-31$6,795,913
Value of fidelity bond covering the plan2016-12-31$500,000
Total contributions received or receivable from participants2016-12-31$353,165
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$389,621
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$661,390
Net plan assets at end of year (total assets less liabilities)2016-12-31$7,457,303
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$6,795,913
Assets. Value of participant loans2016-12-31$89,956
Total contributions received or receivable from employer(s)2016-12-31$178,874
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$1,000
2015 : THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$609,840
Expenses. Total of all expenses incurred2015-12-31$417,100
Benefits paid (including direct rollovers)2015-12-31$416,100
Total plan assets at end of year2015-12-31$6,795,913
Total plan assets at beginning of year2015-12-31$6,603,173
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$378,280
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$17,498
Other income received2015-12-31$27,555
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$192,740
Net plan assets at end of year (total assets less liabilities)2015-12-31$6,795,913
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$6,603,173
Assets. Value of participant loans2015-12-31$101,520
Total contributions received or receivable from employer(s)2015-12-31$186,507
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$1,000
2014 : THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$842,787
Expenses. Total of all expenses incurred2014-12-31$90,952
Benefits paid (including direct rollovers)2014-12-31$86,117
Total plan assets at end of year2014-12-31$6,603,173
Total plan assets at beginning of year2014-12-31$5,851,338
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$334,151
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$959
Other income received2014-12-31$348,247
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$751,835
Net plan assets at end of year (total assets less liabilities)2014-12-31$6,603,173
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$5,851,338
Assets. Value of participant loans2014-12-31$93,526
Total contributions received or receivable from employer(s)2014-12-31$159,430
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$4,835
2013 : THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$1,294,608
Expenses. Total of all expenses incurred2013-12-31$16,911
Benefits paid (including direct rollovers)2013-12-31$10,833
Total plan assets at end of year2013-12-31$5,851,338
Total plan assets at beginning of year2013-12-31$4,573,641
Value of fidelity bond covering the plan2013-12-31$500,000
Total contributions received or receivable from participants2013-12-31$310,091
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$2,142
Other income received2013-12-31$798,639
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$1,277,697
Net plan assets at end of year (total assets less liabilities)2013-12-31$5,851,338
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$4,573,641
Assets. Value of participant loans2013-12-31$95,059
Total contributions received or receivable from employer(s)2013-12-31$183,736
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$6,078
2012 : THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2012 401k financial data
Total income from all sources2012-12-31$890,419
Expenses. Total of all expenses incurred2012-12-31$90,979
Benefits paid (including direct rollovers)2012-12-31$84,935
Total plan assets at end of year2012-12-31$4,573,641
Total plan assets at beginning of year2012-12-31$3,774,201
Value of fidelity bond covering the plan2012-12-31$500,000
Total contributions received or receivable from participants2012-12-31$309,949
Other income received2012-12-31$417,790
Net income (gross income less expenses)2012-12-31$799,440
Net plan assets at end of year (total assets less liabilities)2012-12-31$4,573,641
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$3,774,201
Assets. Value of participant loans2012-12-31$73,262
Total contributions received or receivable from employer(s)2012-12-31$162,680
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$6,044
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2011 401k financial data
Total income from all sources2011-12-31$358,256
Expenses. Total of all expenses incurred2011-12-31$60,124
Benefits paid (including direct rollovers)2011-12-31$47,646
Total plan assets at end of year2011-12-31$3,774,201
Total plan assets at beginning of year2011-12-31$3,476,069
Value of fidelity bond covering the plan2011-12-31$500,000
Total contributions received or receivable from participants2011-12-31$269,009
Other income received2011-12-31$-59,949
Net income (gross income less expenses)2011-12-31$298,132
Net plan assets at end of year (total assets less liabilities)2011-12-31$3,774,201
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$3,476,069
Assets. Value of participant loans2011-12-31$40,513
Total contributions received or receivable from employer(s)2011-12-31$149,196
Value of certain deemed distributions of participant loans2011-12-31$6,239
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$6,239
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2010 401k financial data
Total income from all sources2010-12-31$765,647
Expenses. Total of all expenses incurred2010-12-31$444,912
Benefits paid (including direct rollovers)2010-12-31$437,821
Total plan assets at end of year2010-12-31$3,476,069
Total plan assets at beginning of year2010-12-31$3,155,334
Value of fidelity bond covering the plan2010-12-31$500,000
Total contributions received or receivable from participants2010-12-31$250,753
Other income received2010-12-31$370,731
Net income (gross income less expenses)2010-12-31$320,735
Net plan assets at end of year (total assets less liabilities)2010-12-31$3,476,069
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$3,155,334
Assets. Value of participant loans2010-12-31$34,682
Total contributions received or receivable from employer(s)2010-12-31$144,163
Value of certain deemed distributions of participant loans2010-12-31$861
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$6,230
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : THE INNOVATIVE PLASTICS RETIREMENT SAVINGS 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 THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN

2022: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01This submission is the final filingNo
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01This submission is the final filingNo
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS 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 filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS 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: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS 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
2012: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: THE INNOVATIVE PLASTICS RETIREMENT SAVINGS PLAN 2009 form 5500 responses
2009-04-30Type of plan entitySingle employer plan
2009-04-30Submission has been amendedNo
2009-04-30This submission is the final filingNo
2009-04-30This return/report is a short plan year return/report (less than 12 months)No
2009-04-30Plan is a collectively bargained planNo
2009-04-30Plan funding arrangement – InsuranceYes
2009-04-30Plan funding arrangement – TrustYes
2009-04-30Plan benefit arrangement – InsuranceYes
2009-04-30Plan benefit arrangement - TrustYes
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
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 funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

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