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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.
  • 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.
  • 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.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01GAY H. FERRANTE2024-04-06
0012022-01-01GAY H. FERRANTE2023-04-18
0012021-01-01GAY H. FERRANTE2022-04-12

Plan Statistics for

401k plan membership statisitcs for

Measure Date Value
2025: 2025 401k membership
Total number of particpants at beginning of year2025-04-082
Total number of particpants at end of year2025-04-082
Number of Participants With Account Balances2025-04-082
2024: 2024 401k membership
Total number of particpants at beginning of year2024-04-062
Total number of particpants at end of year2024-04-062
Number of Participants With Account Balances2024-04-062
2022: 2022 401k membership
Total number of particpants at beginning of year2022-04-122
Total number of particpants at end of year2022-04-122
Number of Participants With Account Balances2022-04-122

Financial Data on

Measure Date Value
2025 : 2025 401k financial data
Total transfers to/from plan in this plan year2025-04-080
Total liabilities as of the end of the plan year2025-04-080
Total liabilities as of the beginning of the plan year2025-04-080
Total expenses incurred by plan in this plan year2025-04-08895
Net assets as of the end of the plan year2025-04-0857607
Total assets as of the beginning of the plan year2025-04-0853023
Participant contributions to plan in this plan year2025-04-080
Other expenses paid from plan in this plan year2025-04-080
Other contributions to plan in this plan year2025-04-080
Other income to plan in this plan year2025-04-085479
Plan net income in this plan year2025-04-084584
Net assets as of the end of the plan year2025-04-0857607
Net assets as of the beginning of the plan year2025-04-0853023
Employer contributions to plan in this plan year2025-04-080
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-08895
2024 : 2024 401k financial data
Total transfers to/from plan in this plan year2024-04-060
Total liabilities as of the end of the plan year2024-04-060
Total liabilities as of the beginning of the plan year2024-04-060
Total expenses incurred by plan in this plan year2024-04-06797
Net assets as of the end of the plan year2024-04-0653023
Total assets as of the beginning of the plan year2024-04-0643389
Participant contributions to plan in this plan year2024-04-064000
Other expenses paid from plan in this plan year2024-04-060
Other contributions to plan in this plan year2024-04-060
Other income to plan in this plan year2024-04-066431
Plan net income in this plan year2024-04-069634
Net assets as of the end of the plan year2024-04-0653023
Net assets as of the beginning of the plan year2024-04-0643389
Employer contributions to plan in this plan year2024-04-060
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-06797
2022 : 2022 401k financial data
Total transfers to/from plan in this plan year2022-04-120
Total liabilities as of the end of the plan year2022-04-120
Total liabilities as of the beginning of the plan year2022-04-120
Total expenses incurred by plan in this plan year2022-04-12737
Net assets as of the end of the plan year2022-04-1251489
Total assets as of the beginning of the plan year2022-04-1246177
Participant contributions to plan in this plan year2022-04-120
Other expenses paid from plan in this plan year2022-04-120
Other contributions to plan in this plan year2022-04-120
Other income to plan in this plan year2022-04-126049
Plan net income in this plan year2022-04-125312
Net assets as of the end of the plan year2022-04-1251489
Net assets as of the beginning of the plan year2022-04-1246177
Employer contributions to plan in this plan year2022-04-120
Expensese paid to adminstrative service provicers from plan in this plan year2022-04-12737

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