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OCEAN STATE ENTERPRISES, INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameOCEAN STATE ENTERPRISES, INC. PROFIT SHARING PLAN
Plan identification number 001

OCEAN STATE ENTERPRISES, INC. PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

OCEAN STATE ENTERPRISES, INC. has sponsored the creation of one or more 401k plans.

Company Name:OCEAN STATE ENTERPRISES, INC.
Employer identification number (EIN):264509127
NAIC Classification:444130
NAIC Description:Hardware Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OCEAN STATE ENTERPRISES, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012011-01-01EDWARD PITOCHELLI
0012010-01-01EDWARD PITOCHELLI
0012009-05-08EDWARD PITOCHELLI

Plan Statistics for OCEAN STATE ENTERPRISES, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for OCEAN STATE ENTERPRISES, INC. PROFIT SHARING PLAN

Measure Date Value
2011: OCEAN STATE ENTERPRISES, INC. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-011
Total number of active participants reported on line 7a of the Form 55002011-01-010
Total of all active and inactive participants2011-01-010
Total participants2011-01-010
Number of participants with account balances2011-01-010
2010: OCEAN STATE ENTERPRISES, INC. PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-011
Total number of active participants reported on line 7a of the Form 55002010-01-012
Total of all active and inactive participants2010-01-012
Total participants2010-01-012
Number of participants with account balances2010-01-012
2009: OCEAN STATE ENTERPRISES, INC. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-05-081
Total number of active participants reported on line 7a of the Form 55002009-05-081
Total of all active and inactive participants2009-05-081
Total participants2009-05-081
Number of participants with account balances2009-05-081

Financial Data on OCEAN STATE ENTERPRISES, INC. PROFIT SHARING PLAN

Measure Date Value
2011 : OCEAN STATE ENTERPRISES, INC. PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$0
Total plan assets at end of year2011-12-31$0
Total plan assets at beginning of year2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$0
Net income (gross income less expenses)2011-12-31$0
Net plan assets at end of year (total assets less liabilities)2011-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$0
2010 : OCEAN STATE ENTERPRISES, INC. PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$-85,196
Expenses. Total of all expenses incurred2010-12-31$0
Total plan assets at end of year2010-12-31$141,414
Total plan assets at beginning of year2010-12-31$226,610
Contributions received from other sources (not participants or employers)2010-12-31$74,326
Other income received2010-12-31$-159,522
Net income (gross income less expenses)2010-12-31$-85,196
Net plan assets at end of year (total assets less liabilities)2010-12-31$141,414
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$226,610
Assets. Value of employer securities2010-12-31$141,414

Form 5500 Responses for OCEAN STATE ENTERPRISES, INC. PROFIT SHARING PLAN

2011: OCEAN STATE ENTERPRISES, INC. PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingYes
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: OCEAN STATE ENTERPRISES, INC. PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: OCEAN STATE ENTERPRISES, INC. PROFIT SHARING PLAN 2009 form 5500 responses
2009-05-08Type of plan entitySingle employer plan
2009-05-08First time form 5500 has been submittedYes
2009-05-08Submission has been amendedNo
2009-05-08This submission is the final filingNo
2009-05-08This return/report is a short plan year return/report (less than 12 months)Yes
2009-05-08Plan is a collectively bargained planNo
2009-05-08Plan funding arrangement – TrustYes
2009-05-08Plan benefit arrangement - TrustYes

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