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EMPLOYEE BENEFIT PLAN OF HANDISHOP INDUSTRIES, INC. 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF HANDISHOP INDUSTRIES, INC.
Plan identification number 003

EMPLOYEE BENEFIT PLAN OF HANDISHOP INDUSTRIES, INC. 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.
  • 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.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

HANDISHOP INDUSTRIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:HANDISHOP INDUSTRIES, INC.
Employer identification number (EIN):237195604
NAIC Classification:624200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF HANDISHOP INDUSTRIES, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01APRIL KNUDTSON2024-07-25
0032022-01-01APRIL KNUDTSON2023-06-07
0032021-01-01PATTY CLARK2022-07-20
0032020-01-01PATTY CLARK2021-07-12
0032019-01-01PATTY CLARK2020-07-23
0032018-01-01PATTY CLARK2019-05-24
0032017-01-01PATTY CLARK2018-06-19 PATTY CLARK2018-06-19
0032016-01-01PATTY CLARK2017-07-13 PATTY CLARK2017-07-13
0032015-01-01PATTY CLARK2016-05-25 PATTY CLARK2016-05-25
0032014-01-01PATTY CLARK2015-05-21 PATTY CLARK2015-05-21
0032013-01-01PATTY CLARK2014-07-30 PATTY CLARK2014-07-30
0032012-01-01PATTY CLARK2013-05-07 PATTY CLARK2013-05-07
0032011-01-01PATTY CLARK2012-05-17 PATTY CLARK2012-05-17
0032010-01-01PATTY CLARK2011-05-11 PATTY CLARK2011-05-11

Financial Data on EMPLOYEE BENEFIT PLAN OF HANDISHOP INDUSTRIES, INC.

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF HANDISHOP INDUSTRIES, INC. 2025 401k financial data
Total transfers to/from plan in this plan year2025-06-100
Total liabilities as of the end of the plan year2025-06-100
Total liabilities as of the beginning of the plan year2025-06-100
Total expenses incurred by plan in this plan year2025-06-10129916
Net assets as of the end of the plan year2025-06-101039894
Total assets as of the beginning of the plan year2025-06-10956548
Value of plan covered by a fidelity bond2025-06-10116000
Participant contributions to plan in this plan year2025-06-1018892
Value of participant loans at end of plan year2025-06-103030
Other expenses paid from plan in this plan year2025-06-100
Other contributions to plan in this plan year2025-06-100
Other income to plan in this plan year2025-06-10134370
Plan net income in this plan year2025-06-1083346
Net assets as of the end of the plan year2025-06-101039894
Net assets as of the beginning of the plan year2025-06-10956548
Employer contributions to plan in this plan year2025-06-1060000
Fees paid to broker by Benefit Provider2025-06-10197
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-1037
2024 : EMPLOYEE BENEFIT PLAN OF HANDISHOP INDUSTRIES, INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-250
Total liabilities as of the end of the plan year2024-07-250
Total liabilities as of the beginning of the plan year2024-07-250
Total expenses incurred by plan in this plan year2024-07-2512550
Net assets as of the end of the plan year2024-07-25956548
Total assets as of the beginning of the plan year2024-07-25768156
Value of plan covered by a fidelity bond2024-07-2595000
Participant contributions to plan in this plan year2024-07-2512775
Value of participant loans at end of plan year2024-07-253674
Other expenses paid from plan in this plan year2024-07-250
Other contributions to plan in this plan year2024-07-254229
Other income to plan in this plan year2024-07-25133938
Plan net income in this plan year2024-07-25188392
Net assets as of the end of the plan year2024-07-25956548
Net assets as of the beginning of the plan year2024-07-25768156
Employer contributions to plan in this plan year2024-07-2550000
Fees paid to broker by Benefit Provider2024-07-25105
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-250

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