401k Plan data: A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN plan

A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN 401k Plan overview

Plan Name	A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN
Plan identification number	001

A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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.
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

WALLACE GROUP has sponsored the creation of one or more 401k plans.

Company Name: WALLACE GROUP

Employer identification number (EIN): 231706921

NAIC Classification: 423600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 H. THOMAS WALLACE 2019-10-04 H. THOMAS WALLACE 2019-10-04
001 2017-01-01
001 2016-01-01 H. THOMAS WALLACE 2017-06-28
001 2015-01-01 H. THOMAS WALLACE 2016-07-25
001 2014-01-01 H. THOMAS WALLACE 2015-04-27
001 2013-01-01 H. THOMAS WALLACE 2014-09-18
001 2012-01-01 H. THOMAS WALLACE 2013-06-07
001 2011-01-01 H. THOMAS WALLACE 2012-03-30
001 2010-01-01 H. THOMAS WALLACE 2011-05-03

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01	H. THOMAS WALLACE	2019-10-04	H. THOMAS WALLACE	2019-10-04
001	2017-01-01
001	2016-01-01	H. THOMAS WALLACE	2017-06-28
001	2015-01-01	H. THOMAS WALLACE	2016-07-25
001	2014-01-01	H. THOMAS WALLACE	2015-04-27
001	2013-01-01	H. THOMAS WALLACE	2014-09-18
001	2012-01-01	H. THOMAS WALLACE	2013-06-07
001	2011-01-01	H. THOMAS WALLACE	2012-03-30
001	2010-01-01	H. THOMAS WALLACE	2011-05-03

Plan Statistics for A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN

401k plan membership statisitcs for A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN

Measure Date Value
2022: A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 97
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 82
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 27
Total of all active and inactive participants 2022-01-01 109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 109
Number of participants with account balances 2022-01-01 109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 94
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 76
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 14
Total of all active and inactive participants 2021-01-01 90
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 90
Number of participants with account balances 2021-01-01 90
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 91
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 65
Number of retired or separated participants receiving benefits 2020-01-01 3
Number of other retired or separated participants entitled to future benefits 2020-01-01 25
Total of all active and inactive participants 2020-01-01 93
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 93
Number of participants with account balances 2020-01-01 93
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 75
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 59
Number of retired or separated participants receiving benefits 2019-01-01 2
Number of other retired or separated participants entitled to future benefits 2019-01-01 23
Total of all active and inactive participants 2019-01-01 84
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 84
Number of participants with account balances 2019-01-01 84
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0

Measure	Date	Value
2022: A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	97
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	82
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	27
Total of all active and inactive participants	2022-01-01	109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	109
Number of participants with account balances	2022-01-01	109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	94
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	76
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	14
Total of all active and inactive participants	2021-01-01	90
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	90
Number of participants with account balances	2021-01-01	90
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	91
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	65
Number of retired or separated participants receiving benefits	2020-01-01	3
Number of other retired or separated participants entitled to future benefits	2020-01-01	25
Total of all active and inactive participants	2020-01-01	93
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	93
Number of participants with account balances	2020-01-01	93
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	75
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	59
Number of retired or separated participants receiving benefits	2019-01-01	2
Number of other retired or separated participants entitled to future benefits	2019-01-01	23
Total of all active and inactive participants	2019-01-01	84
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	84
Number of participants with account balances	2019-01-01	84
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0

Financial Data on A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN

Measure	Date	Value
2022 : A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN 2022 401k financial data
Total plan liabilities at end of year	2022-12-31	$601
Total plan liabilities at beginning of year	2022-12-31	$5,768
Total income from all sources	2022-12-31	$-36,247
Expenses. Total of all expenses incurred	2022-12-31	$64,796
Benefits paid (including direct rollovers)	2022-12-31	$43,438
Total plan assets at end of year	2022-12-31	$5,667,390
Total plan assets at beginning of year	2022-12-31	$5,773,600
Value of fidelity bond covering the plan	2022-12-31	$350,000
Total contributions received or receivable from participants	2022-12-31	$478,542
Contributions received from other sources (not participants or employers)	2022-12-31	$53,531
Other income received	2022-12-31	$-808,378
Net income (gross income less expenses)	2022-12-31	$-101,043
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$5,666,789
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$5,767,832
Total contributions received or receivable from employer(s)	2022-12-31	$240,058
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$21,358
2021 : A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN 2021 401k financial data
Total plan liabilities at end of year	2021-12-31	$5,768
Total plan liabilities at beginning of year	2021-12-31	$4,901
Total income from all sources	2021-12-31	$1,392,327
Expenses. Total of all expenses incurred	2021-12-31	$547,239
Benefits paid (including direct rollovers)	2021-12-31	$524,295
Total plan assets at end of year	2021-12-31	$5,773,600
Total plan assets at beginning of year	2021-12-31	$4,927,645
Value of fidelity bond covering the plan	2021-12-31	$350,000
Total contributions received or receivable from participants	2021-12-31	$434,843
Other income received	2021-12-31	$735,201
Net income (gross income less expenses)	2021-12-31	$845,088
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$5,767,832
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$4,922,744
Total contributions received or receivable from employer(s)	2021-12-31	$222,283
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$22,944
2020 : A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN 2020 401k financial data
Total plan liabilities at end of year	2020-12-31	$4,901
Total plan liabilities at beginning of year	2020-12-31	$3,750
Total income from all sources	2020-12-31	$1,200,869
Expenses. Total of all expenses incurred	2020-12-31	$81,718
Benefits paid (including direct rollovers)	2020-12-31	$64,236
Total plan assets at end of year	2020-12-31	$4,927,645
Total plan assets at beginning of year	2020-12-31	$3,807,343
Value of fidelity bond covering the plan	2020-12-31	$350,000
Total contributions received or receivable from participants	2020-12-31	$295,864
Contributions received from other sources (not participants or employers)	2020-12-31	$180,511
Other income received	2020-12-31	$554,064
Net income (gross income less expenses)	2020-12-31	$1,119,151
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$4,922,744
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$3,803,593
Total contributions received or receivable from employer(s)	2020-12-31	$170,430
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$17,482
2019 : A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN 2019 401k financial data
Total plan liabilities at end of year	2019-12-31	$3,750
Total plan liabilities at beginning of year	2019-12-31	$2,793
Total income from all sources	2019-12-31	$1,044,892
Expenses. Total of all expenses incurred	2019-12-31	$78,858
Benefits paid (including direct rollovers)	2019-12-31	$64,771
Total plan assets at end of year	2019-12-31	$3,807,343
Total plan assets at beginning of year	2019-12-31	$2,840,352
Total contributions received or receivable from participants	2019-12-31	$258,695
Other income received	2019-12-31	$625,261
Net income (gross income less expenses)	2019-12-31	$966,034
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$3,803,593
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$2,837,559
Total contributions received or receivable from employer(s)	2019-12-31	$160,936
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$14,087

Form 5500 Responses for A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING PLAN

2022: A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING 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: A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING 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: A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING 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: A AND B SUPPLY COMPANY, INC. 401K PROFIT SHARING 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

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Company Name:	WALLACE GROUP
Employer identification number (EIN):	231706921
NAIC Classification:	423600