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BLUE WATER GLASS HAWAII 401(K) PLAN 401k Plan overview

Plan NameBLUE WATER GLASS HAWAII 401(K) PLAN
Plan identification number 001

BLUE WATER GLASS HAWAII 401(K) PLAN Benefits

401k Plan TypeDefined 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.
  • 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

DAVE PALOMBO, INC. DBA BLUE WATER GLASS HAWAII has sponsored the creation of one or more 401k plans.

Company Name:DAVE PALOMBO, INC. DBA BLUE WATER GLASS HAWAII
Employer identification number (EIN):262255202
NAIC Classification:444190
NAIC Description:Other Building Material Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BLUE WATER GLASS HAWAII 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DAVID PALOMBO2024-02-15
0012022-01-01DAVID PALOMBO2023-05-15
0012021-01-01DAVID PALOMBO2022-07-12

Plan Statistics for BLUE WATER GLASS HAWAII 401(K) PLAN

401k plan membership statisitcs for BLUE WATER GLASS HAWAII 401(K) PLAN

Measure Date Value
2025: BLUE WATER GLASS HAWAII 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-028
Total number of particpants at end of year2025-07-027
Number of Participants With Account Balances2025-07-027
2024: BLUE WATER GLASS HAWAII 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-02-156
Total number of particpants at end of year2024-02-158
Number of Participants With Account Balances2024-02-158

Financial Data on BLUE WATER GLASS HAWAII 401(K) PLAN

Measure Date Value
2025 : BLUE WATER GLASS HAWAII 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-020
Total liabilities as of the end of the plan year2025-07-020
Total liabilities as of the beginning of the plan year2025-07-020
Total expenses incurred by plan in this plan year2025-07-022584
Net assets as of the end of the plan year2025-07-02160542
Total assets as of the beginning of the plan year2025-07-0279917
Value of plan covered by a fidelity bond2025-07-0250000
Participant contributions to plan in this plan year2025-07-02420
Other expenses paid from plan in this plan year2025-07-020
Other contributions to plan in this plan year2025-07-020
Other income to plan in this plan year2025-07-029287
Plan net income in this plan year2025-07-0280625
Net assets as of the end of the plan year2025-07-02160542
Net assets as of the beginning of the plan year2025-07-0279917
Employer contributions to plan in this plan year2025-07-0273502
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-02788
2024 : BLUE WATER GLASS HAWAII 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-02-150
Total liabilities as of the end of the plan year2024-02-150
Total liabilities as of the beginning of the plan year2024-02-150
Total expenses incurred by plan in this plan year2024-02-15389
Net assets as of the end of the plan year2024-02-1579917
Total assets as of the beginning of the plan year2024-02-1557696
Value of plan covered by a fidelity bond2024-02-1550000
Participant contributions to plan in this plan year2024-02-157860
Other expenses paid from plan in this plan year2024-02-150
Other contributions to plan in this plan year2024-02-150
Other income to plan in this plan year2024-02-158056
Plan net income in this plan year2024-02-1522221
Net assets as of the end of the plan year2024-02-1579917
Net assets as of the beginning of the plan year2024-02-1557696
Employer contributions to plan in this plan year2024-02-156694
Expensese paid to adminstrative service provicers from plan in this plan year2024-02-15389

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