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OLD TOWN FIBERGLASS 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameOLD TOWN FIBERGLASS 401(K) PROFIT SHARING PLAN
Plan identification number 001

OLD TOWN FIBERGLASS 401(K) PROFIT SHARING 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

OLD TOWN FIBERGLASS has sponsored the creation of one or more 401k plans.

Company Name:OLD TOWN FIBERGLASS
Employer identification number (EIN):202006359
NAIC Classification:325200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OLD TOWN FIBERGLASS 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01LISA BURNAM2023-03-27 LISA BURNAM2023-03-27
0012021-01-01LISA BURNAM2022-09-22 LISA BURNAM2022-09-22
0012021-01-01LISA BURNAM2022-09-22 LISA BURNAM2022-09-22
0012020-01-01LISA BURNAM2021-10-07 LISA BURNAM2021-10-07
0012019-01-01LISA BURNAM2020-08-17 LISA BURNAM2020-08-17
0012018-01-01LISA BURNAM2019-08-19 LISA BURNAM2019-08-19
0012017-07-01LISA BURNA2018-10-09 LISA BURNA2018-10-09

Plan Statistics for OLD TOWN FIBERGLASS 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for OLD TOWN FIBERGLASS 401(K) PROFIT SHARING PLAN

Measure Date Value
2025: OLD TOWN FIBERGLASS 401(K) PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-09-2690
Total number of particpants at end of year2025-09-2688
Number of Participants With Account Balances2025-09-2677
2024: OLD TOWN FIBERGLASS 401(K) PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-0287
Total number of particpants at end of year2024-07-0287
Number of Participants With Account Balances2024-07-0280

Financial Data on OLD TOWN FIBERGLASS 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : OLD TOWN FIBERGLASS 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-09-26176733
Net assets as of the end of the plan year2025-09-261479456
Total assets as of the beginning of the plan year2025-09-261291040
Value of plan covered by a fidelity bond2025-09-26150000
Participant contributions to plan in this plan year2025-09-26117560
Value of participant loans at end of plan year2025-09-2625725
Other income to plan in this plan year2025-09-26241145
Plan net income in this plan year2025-09-26188416
Net assets as of the end of the plan year2025-09-261479456
Net assets as of the beginning of the plan year2025-09-261291040
Employer contributions to plan in this plan year2025-09-266444
Fees paid to broker by Benefit Provider2025-09-266321
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-2618968
2024 : OLD TOWN FIBERGLASS 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-07-020
Total expenses incurred by plan in this plan year2024-07-0222752
Net assets as of the end of the plan year2024-07-021291040
Total assets as of the beginning of the plan year2024-07-02975838
Value of plan covered by a fidelity bond2024-07-02150000
Participant contributions to plan in this plan year2024-07-02117021
Value of participant loans at end of plan year2024-07-0232843
Other income to plan in this plan year2024-07-02214268
Plan net income in this plan year2024-07-02315202
Net assets as of the end of the plan year2024-07-021291040
Net assets as of the beginning of the plan year2024-07-02975838
Employer contributions to plan in this plan year2024-07-026665
Fees paid to broker by Benefit Provider2024-07-0214133
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-0214518

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