401k Plan data: THE DSM GROUP, INC. 401(K) PLAN plan

THE DSM GROUP, INC. 401(K) PLAN 401k Plan overview

Plan Name	THE DSM GROUP, INC. 401(K) PLAN
Plan identification number	001

THE DSM GROUP, INC. 401(K) PLAN Benefits

401k Plan Type

Defined 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.

401k Sponsoring company profile

THE DSM GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name: THE DSM GROUP, INC.

Employer identification number (EIN): 208733116

NAIC Classification: 541800

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE DSM GROUP, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2024-01-01 DARREN MAGARRO
001 2023-01-01
001 2023-01-01
001 2023-01-01 DARREN MAGARRO
001 2023-01-01 DARREN MAGARRO
001 2022-01-01
001 2022-01-01 DARREN MAGARRO
001 2021-01-01
001 2021-01-01 DARREN MAGARRO
001 2020-01-01
001 2019-01-01
001 2018-01-01 DARREN MAGARRO DARREN MAGARRO 2019-03-13
001 2017-01-01 DARREN MAGARRO DARREN MAGARRO 2018-06-14
001 2016-01-01 DARREN MAGARRO DARREN MAGARRO 2017-05-31
001 2015-01-01 DARREN MAGARRO
001 2014-01-01 DARREN MAGARRO
001 2013-08-01 DARREN MAGARRO

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2024-01-01	DARREN MAGARRO
001	2023-01-01
001	2023-01-01
001	2023-01-01	DARREN MAGARRO
001	2023-01-01	DARREN MAGARRO
001	2022-01-01
001	2022-01-01	DARREN MAGARRO
001	2021-01-01
001	2021-01-01	DARREN MAGARRO
001	2020-01-01
001	2019-01-01
001	2018-01-01	DARREN MAGARRO	DARREN MAGARRO	2019-03-13
001	2017-01-01	DARREN MAGARRO	DARREN MAGARRO	2018-06-14
001	2016-01-01	DARREN MAGARRO	DARREN MAGARRO	2017-05-31
001	2015-01-01	DARREN MAGARRO
001	2014-01-01	DARREN MAGARRO
001	2013-08-01	DARREN MAGARRO

Financial Data on THE DSM GROUP, INC. 401(K) PLAN

Measure	Date	Value
2023 : THE DSM GROUP, INC. 401(K) PLAN 2023 401k financial data
Total plan liabilities at end of year	2023-12-31	$462
Total income from all sources	2023-12-31	$125,544
Expenses. Total of all expenses incurred	2023-12-31	$5,007
Benefits paid (including direct rollovers)	2023-12-31	$2,842
Total plan assets at end of year	2023-12-31	$528,276
Total plan assets at beginning of year	2023-12-31	$407,277
Value of fidelity bond covering the plan	2023-12-31	$36,700
Total contributions received or receivable from participants	2023-12-31	$47,112
Contributions received from other sources (not participants or employers)	2023-12-31	$2,240
Other income received	2023-12-31	$76,192
Net income (gross income less expenses)	2023-12-31	$120,537
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$527,814
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$407,277
Expenses. Administrative service providers (salaries,fees and commissions)	2023-12-31	$2,165
2022 : THE DSM GROUP, INC. 401(K) PLAN 2022 401k financial data
Total income from all sources	2022-12-31	$-44,227
Expenses. Total of all expenses incurred	2022-12-31	$71,204
Benefits paid (including direct rollovers)	2022-12-31	$69,510
Total plan assets at end of year	2022-12-31	$407,277
Total plan assets at beginning of year	2022-12-31	$522,708
Value of fidelity bond covering the plan	2022-12-31	$36,700
Total contributions received or receivable from participants	2022-12-31	$55,555
Other income received	2022-12-31	$-99,782
Net income (gross income less expenses)	2022-12-31	$-115,431
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$407,277
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$522,708
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$1,694
2021 : THE DSM GROUP, INC. 401(K) PLAN 2021 401k financial data
Total income from all sources	2021-12-31	$176,704
Expenses. Total of all expenses incurred	2021-12-31	$13,286
Benefits paid (including direct rollovers)	2021-12-31	$11,657
Total plan assets at end of year	2021-12-31	$522,708
Total plan assets at beginning of year	2021-12-31	$359,290
Value of fidelity bond covering the plan	2021-12-31	$36,700
Total contributions received or receivable from participants	2021-12-31	$49,304
Contributions received from other sources (not participants or employers)	2021-12-31	$65,888
Other income received	2021-12-31	$61,512
Net income (gross income less expenses)	2021-12-31	$163,418
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$522,708
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$359,290
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$1,629
2020 : THE DSM GROUP, INC. 401(K) PLAN 2020 401k financial data
Total income from all sources	2020-12-31	$87,617
Expenses. Total of all expenses incurred	2020-12-31	$5,870
Benefits paid (including direct rollovers)	2020-12-31	$4,819
Total plan assets at end of year	2020-12-31	$359,290
Total plan assets at beginning of year	2020-12-31	$277,543
Value of fidelity bond covering the plan	2020-12-31	$36,700
Total contributions received or receivable from participants	2020-12-31	$31,350
Contributions received from other sources (not participants or employers)	2020-12-31	$6,611
Other income received	2020-12-31	$49,656
Net income (gross income less expenses)	2020-12-31	$81,747
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$359,290
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$277,543
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$1,051
2019 : THE DSM GROUP, INC. 401(K) PLAN 2019 401k financial data
Total income from all sources	2019-12-31	$99,282
Expenses. Total of all expenses incurred	2019-12-31	$129,350
Benefits paid (including direct rollovers)	2019-12-31	$127,800
Total plan assets at end of year	2019-12-31	$277,543
Total plan assets at beginning of year	2019-12-31	$307,611
Value of fidelity bond covering the plan	2019-12-31	$36,700
Total contributions received or receivable from participants	2019-12-31	$33,052
Other income received	2019-12-31	$66,230
Net income (gross income less expenses)	2019-12-31	$-30,068
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$277,543
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$307,611
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$1,550
2018 : THE DSM GROUP, INC. 401(K) PLAN 2018 401k financial data
Total plan liabilities at beginning of year	2018-12-31	$211
Total income from all sources	2018-12-31	$83,620
Expenses. Total of all expenses incurred	2018-12-31	$29,704
Benefits paid (including direct rollovers)	2018-12-31	$28,409
Total plan assets at end of year	2018-12-31	$307,611
Total plan assets at beginning of year	2018-12-31	$253,906
Value of fidelity bond covering the plan	2018-12-31	$10,000
Total contributions received or receivable from participants	2018-12-31	$39,446
Contributions received from other sources (not participants or employers)	2018-12-31	$51,725
Other income received	2018-12-31	$-15,896
Net income (gross income less expenses)	2018-12-31	$53,916
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$307,611
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$253,695
Total contributions received or receivable from employer(s)	2018-12-31	$8,345
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$1,295
2017 : THE DSM GROUP, INC. 401(K) PLAN 2017 401k financial data
Total plan liabilities at end of year	2017-12-31	$211
Total plan liabilities at beginning of year	2017-12-31	$7,821
Total income from all sources	2017-12-31	$139,111
Expenses. Total of all expenses incurred	2017-12-31	$967
Total plan assets at end of year	2017-12-31	$253,906
Total plan assets at beginning of year	2017-12-31	$123,372
Value of fidelity bond covering the plan	2017-12-31	$10,000
Total contributions received or receivable from participants	2017-12-31	$34,971
Contributions received from other sources (not participants or employers)	2017-12-31	$75,595
Other income received	2017-12-31	$28,545
Net income (gross income less expenses)	2017-12-31	$138,144
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$253,695
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$115,551
Assets. Value of participant loans	2017-12-31	$8,646
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$967
2016 : THE DSM GROUP, INC. 401(K) PLAN 2016 401k financial data
Total plan liabilities at end of year	2016-12-31	$7,821
Total plan liabilities at beginning of year	2016-12-31	$5,187
Total income from all sources	2016-12-31	$37,896
Expenses. Total of all expenses incurred	2016-12-31	$9,842
Benefits paid (including direct rollovers)	2016-12-31	$6,577
Total plan assets at end of year	2016-12-31	$123,372
Total plan assets at beginning of year	2016-12-31	$92,684
Value of fidelity bond covering the plan	2016-12-31	$10,000
Total contributions received or receivable from participants	2016-12-31	$27,293
Other income received	2016-12-31	$10,603
Net income (gross income less expenses)	2016-12-31	$28,054
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$115,551
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$87,497
Value of corrective distributions	2016-12-31	$2,529
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$736
2015 : THE DSM GROUP, INC. 401(K) PLAN 2015 401k financial data
Total plan liabilities at end of year	2015-12-31	$5,187
Total income from all sources	2015-12-31	$75,476
Expenses. Total of all expenses incurred	2015-12-31	$8,043
Benefits paid (including direct rollovers)	2015-12-31	$2,603
Total plan assets at end of year	2015-12-31	$92,684
Total plan assets at beginning of year	2015-12-31	$20,064
Value of fidelity bond covering the plan	2015-12-31	$10,000
Total contributions received or receivable from participants	2015-12-31	$19,980
Contributions received from other sources (not participants or employers)	2015-12-31	$59,763
Other income received	2015-12-31	$-4,267
Net income (gross income less expenses)	2015-12-31	$67,433
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$87,497
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$20,064
Value of corrective distributions	2015-12-31	$5,187
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$253
2014 : THE DSM GROUP, INC. 401(K) PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$15,555
Expenses. Total of all expenses incurred	2014-12-31	$971
Benefits paid (including direct rollovers)	2014-12-31	$867
Total plan assets at end of year	2014-12-31	$20,064
Total plan assets at beginning of year	2014-12-31	$5,480
Value of fidelity bond covering the plan	2014-12-31	$10,000
Total contributions received or receivable from participants	2014-12-31	$14,450
Other income received	2014-12-31	$1,105
Net income (gross income less expenses)	2014-12-31	$14,584
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$20,064
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$5,480
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$104
2013 : THE DSM GROUP, INC. 401(K) PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$5,480
Expenses. Total of all expenses incurred	2013-12-31	$0
Total plan assets at end of year	2013-12-31	$5,480
Total plan assets at beginning of year	2013-12-31	$0
Value of fidelity bond covering the plan	2013-12-31	$10,000
Total contributions received or receivable from participants	2013-12-31	$5,380
Other income received	2013-12-31	$100
Net income (gross income less expenses)	2013-12-31	$5,480
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$5,480
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$0

Form 5500 Responses for THE DSM GROUP, INC. 401(K) PLAN

2023: THE DSM GROUP, INC. 401(K) PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: THE DSM GROUP, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: THE DSM GROUP, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: THE DSM GROUP, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: THE DSM GROUP, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: THE DSM GROUP, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: THE DSM GROUP, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: THE DSM GROUP, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: THE DSM GROUP, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: THE DSM GROUP, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: THE DSM GROUP, INC. 401(K) PLAN 2013 form 5500 responses
2013-08-01	Type of plan entity	Single employer plan
2013-08-01	First time form 5500 has been submitted	Yes
2013-08-01	Submission has been amended	No
2013-08-01	This submission is the final filing	No
2013-08-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2013-08-01	Plan is a collectively bargained plan	No
2013-08-01	Plan funding arrangement – Trust	Yes
2013-08-01	Plan benefit arrangement - Trust	Yes

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Company Name:	THE DSM GROUP, INC.
Employer identification number (EIN):	208733116
NAIC Classification:	541800