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EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • Profit-sharing
  • 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.
  • 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

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

Company Name:KINGSBURY CORPORATION
Employer identification number (EIN):221846785
NAIC Classification:531110
NAIC Description:Lessors of Residential Buildings and Dwellings

Additional information about KINGSBURY CORPORATION

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 2012-01-10
Company Identification Number: 4186635
Legal Registered Office Address: 50 HIGH TECH DRIVE
Monroe
RUSH
United States of America (USA)
14543

More information about KINGSBURY CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01MELCHOIR ROBERTS2023-06-08
0012021-01-01MELCHOIR ROBERTS2022-07-08
0012020-01-01DEBORAH M. GERSHEN GENNELLO2021-08-30
0012019-01-01DEBORAH M. GERSHEN GENNELLO2020-07-08
0012018-01-01DEBORAH M. GERSHEN GENNELLO2019-09-12
0012017-01-01DEBORAH GERSHEN2018-08-01
0012016-01-01DEBORAH GERSHEN2017-09-25
0012015-01-01DEBORAH GERSHEN2016-06-02
0012014-01-01DEBORAH GERSHEN2015-05-29
0012013-01-01DEBORAH GERSHEN
0012012-01-01DEBORAH GERSHEN
0012011-01-01DEBORAH GERSHEN
0012010-01-01DEBORAH GERSHEN
0012009-01-01DEBORAH GERSHEN

Plan Statistics for EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION

Measure Date Value
2013: EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION 2013 401k membership
Total participants, beginning-of-year2013-01-0117
Total number of active participants reported on line 7a of the Form 55002013-01-0120
Number of other retired or separated participants entitled to future benefits2013-01-015
Total of all active and inactive participants2013-01-0125
Total participants2013-01-0125
Number of participants with account balances2013-01-0125
2012: EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION 2012 401k membership
Total participants, beginning-of-year2012-01-0119
Total number of active participants reported on line 7a of the Form 55002012-01-0113
Number of other retired or separated participants entitled to future benefits2012-01-014
Total of all active and inactive participants2012-01-0117
Total participants2012-01-0117
Number of participants with account balances2012-01-0117
2011: EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION 2011 401k membership
Total participants, beginning-of-year2011-01-0121
Total number of active participants reported on line 7a of the Form 55002011-01-0115
Number of other retired or separated participants entitled to future benefits2011-01-014
Total of all active and inactive participants2011-01-0119
Total participants2011-01-0119
Number of participants with account balances2011-01-0119
2010: EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION 2010 401k membership
Total participants, beginning-of-year2010-01-0123
Total number of active participants reported on line 7a of the Form 55002010-01-0117
Number of other retired or separated participants entitled to future benefits2010-01-014
Total of all active and inactive participants2010-01-0121
Total participants2010-01-0121
Number of participants with account balances2010-01-0121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-011
2009: EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION 2009 401k membership
Total participants, beginning-of-year2009-01-0118
Total number of active participants reported on line 7a of the Form 55002009-01-0119
Number of other retired or separated participants entitled to future benefits2009-01-014
Total of all active and inactive participants2009-01-0123
Total participants2009-01-0123
Number of participants with account balances2009-01-0123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-011

Financial Data on EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION

Measure Date Value
2013 : EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION 2013 401k financial data
Total income from all sources2013-12-31$84,002
Expenses. Total of all expenses incurred2013-12-31$20,860
Benefits paid (including direct rollovers)2013-12-31$20,435
Total plan assets at end of year2013-12-31$349,388
Total plan assets at beginning of year2013-12-31$286,246
Contributions received from other sources (not participants or employers)2013-12-31$7,693
Other income received2013-12-31$16,444
Net income (gross income less expenses)2013-12-31$63,142
Net plan assets at end of year (total assets less liabilities)2013-12-31$349,388
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$286,246
Assets. Value of participant loans2013-12-31$6,863
Total contributions received or receivable from employer(s)2013-12-31$59,865
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$425
2012 : EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION 2012 401k financial data
Total income from all sources2012-12-31$37,702
Expenses. Total of all expenses incurred2012-12-31$123,954
Benefits paid (including direct rollovers)2012-12-31$123,620
Total plan assets at end of year2012-12-31$286,246
Total plan assets at beginning of year2012-12-31$372,498
Other income received2012-12-31$9,632
Net income (gross income less expenses)2012-12-31$-86,252
Net plan assets at end of year (total assets less liabilities)2012-12-31$286,246
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$372,498
Assets. Value of participant loans2012-12-31$11,057
Total contributions received or receivable from employer(s)2012-12-31$28,070
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$334
2011 : EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION 2011 401k financial data
Total income from all sources2011-12-31$34,546
Expenses. Total of all expenses incurred2011-12-31$10,301
Benefits paid (including direct rollovers)2011-12-31$9,890
Total plan assets at end of year2011-12-31$372,498
Total plan assets at beginning of year2011-12-31$348,253
Other income received2011-12-31$5,022
Net income (gross income less expenses)2011-12-31$24,245
Net plan assets at end of year (total assets less liabilities)2011-12-31$372,498
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$348,253
Assets. Value of participant loans2011-12-31$32,066
Total contributions received or receivable from employer(s)2011-12-31$29,524
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$411
2010 : EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION 2010 401k financial data
Total income from all sources2010-12-31$47,692
Expenses. Total of all expenses incurred2010-12-31$41,163
Benefits paid (including direct rollovers)2010-12-31$40,738
Total plan assets at end of year2010-12-31$348,253
Total plan assets at beginning of year2010-12-31$341,724
Other income received2010-12-31$13,554
Net income (gross income less expenses)2010-12-31$6,529
Net plan assets at end of year (total assets less liabilities)2010-12-31$348,253
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$341,724
Assets. Value of participant loans2010-12-31$23,603
Total contributions received or receivable from employer(s)2010-12-31$34,138
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$425

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION

2013: EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan benefit arrangement – InsuranceYes
2012: EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan benefit arrangement – InsuranceYes
2010: EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan benefit arrangement – InsuranceYes
2009: EMPLOYEE BENEFIT PLAN OF KINGSBURY CORPORATION 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number053666-K
Policy instance 1
Insurance contract or identification number053666-K
Number of Individuals Covered25
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of fees paid to insurance companyUSD $45
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees45
Additional information about fees paid to insurance brokerPORTION OF INCENTIVE COMP. PROGRAM
Insurance broker organization code?3
Insurance broker namePARSIPPANY REGIONAL OFFICE
MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number053666-K
Policy instance 1
Insurance contract or identification number053666-K
Number of Individuals Covered17
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of fees paid to insurance companyUSD $75
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees10
Additional information about fees paid to insurance brokerCOMPENSATION
Insurance broker organization code?3
Insurance broker nameMICHAEL J. SCOTT
MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number053666-K
Policy instance 1
Insurance contract or identification number053666-K
Number of Individuals Covered19
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of fees paid to insurance companyUSD $128
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number053666-K
Policy instance 1
Insurance contract or identification number053666-K
Number of Individuals Covered21
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of fees paid to insurance companyUSD $42
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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