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B AND D CHEMICAL, INC. 401(K) & PROFIT SHARING PLAN 401k Plan overview

Plan NameB AND D CHEMICAL, INC. 401(K) & PROFIT SHARING PLAN
Plan identification number 001

B AND D CHEMICAL, INC. 401(K) & PROFIT SHARING PLAN 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.
  • 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

B AND D CHEMICAL, INC. has sponsored the creation of one or more 401k plans.

Company Name:B AND D CHEMICAL, INC.
Employer identification number (EIN):161750682
NAIC Classification:325300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan B AND D CHEMICAL, INC. 401(K) & PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01

Plan Statistics for B AND D CHEMICAL, INC. 401(K) & PROFIT SHARING PLAN

401k plan membership statisitcs for B AND D CHEMICAL, INC. 401(K) & PROFIT SHARING PLAN

Measure Date Value
2025: B AND D CHEMICAL, INC. 401(K) & PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-1711
Total number of particpants at end of year2025-07-1711
Number of Participants With Account Balances2025-07-1711
2024: B AND D CHEMICAL, INC. 401(K) & PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-1511
Total number of particpants at end of year2024-05-1511
Number of Participants With Account Balances2024-05-1511

Financial Data on B AND D CHEMICAL, INC. 401(K) & PROFIT SHARING PLAN

Measure Date Value
2025 : B AND D CHEMICAL, INC. 401(K) & PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-1720053
Net assets as of the end of the plan year2025-07-172465180
Total assets as of the beginning of the plan year2025-07-171788732
Value of plan covered by a fidelity bond2025-07-17500000
Participant contributions to plan in this plan year2025-07-17100362
Other income to plan in this plan year2025-07-17403291
Plan net income in this plan year2025-07-17676448
Net assets as of the end of the plan year2025-07-172465180
Net assets as of the beginning of the plan year2025-07-171788732
Employer contributions to plan in this plan year2025-07-17192848
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-1720053
2024 : B AND D CHEMICAL, INC. 401(K) & PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-1513160
Net assets as of the end of the plan year2024-05-151788732
Total assets as of the beginning of the plan year2024-05-151287562
Value of plan covered by a fidelity bond2024-05-15250000
Participant contributions to plan in this plan year2024-05-15137350
Other expenses paid from plan in this plan year2024-05-1513160
Other income to plan in this plan year2024-05-15242102
Plan net income in this plan year2024-05-15501170
Net assets as of the end of the plan year2024-05-151788732
Net assets as of the beginning of the plan year2024-05-151287562
Employer contributions to plan in this plan year2024-05-15134878

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