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NORTH AMERICAN SEALING SOLUTIO 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameNORTH AMERICAN SEALING SOLUTIO 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 001

NORTH AMERICAN SEALING SOLUTIO 401(K) PROFIT SHARING PLAN & TRUST 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.
  • 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

NORTH AMERICAN SEALING SOLUTIO has sponsored the creation of one or more 401k plans.

Company Name:NORTH AMERICAN SEALING SOLUTIO
Employer identification number (EIN):272571976
NAIC Classification:488490
NAIC Description:Other Support Activities for Road Transportation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTH AMERICAN SEALING SOLUTIO 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01KATHRYN POYNOR2024-04-16
0012022-01-01THOMAS OSWALD2023-05-11
0012021-01-01THOMAS OSWALD2022-08-05
0012020-01-01KATHRYN POYNOR2021-05-25
0012019-01-01KATHRYN POYNOR2020-07-06

Financial Data on NORTH AMERICAN SEALING SOLUTIO 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2025 : NORTH AMERICAN SEALING SOLUTIO 401(K) PROFIT SHARING PLAN & TRUST 2025 401k financial data
Total transfers to/from plan in this plan year2025-05-130
Total liabilities as of the end of the plan year2025-05-130
Total liabilities as of the beginning of the plan year2025-05-130
Total expenses incurred by plan in this plan year2025-05-1344879
Net assets as of the end of the plan year2025-05-13173664
Total assets as of the beginning of the plan year2025-05-13179940
Value of plan covered by a fidelity bond2025-05-1320000
Participant contributions to plan in this plan year2025-05-1310175
Value of participant loans at end of plan year2025-05-1335494
Other expenses paid from plan in this plan year2025-05-130
Other contributions to plan in this plan year2025-05-130
Other income to plan in this plan year2025-05-1321111
Plan net income in this plan year2025-05-13-6276
Net assets as of the end of the plan year2025-05-13173664
Net assets as of the beginning of the plan year2025-05-13179940
Employer contributions to plan in this plan year2025-05-137317
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-134470
2024 : NORTH AMERICAN SEALING SOLUTIO 401(K) PROFIT SHARING PLAN & TRUST 2024 401k financial data
Total transfers to/from plan in this plan year2024-04-160
Total liabilities as of the end of the plan year2024-04-160
Total liabilities as of the beginning of the plan year2024-04-160
Total expenses incurred by plan in this plan year2024-04-1624590
Net assets as of the end of the plan year2024-04-16179940
Total assets as of the beginning of the plan year2024-04-16140160
Value of plan covered by a fidelity bond2024-04-1620000
Participant contributions to plan in this plan year2024-04-1620293
Other expenses paid from plan in this plan year2024-04-160
Other contributions to plan in this plan year2024-04-160
Other income to plan in this plan year2024-04-1627719
Plan net income in this plan year2024-04-1639780
Net assets as of the end of the plan year2024-04-16179940
Net assets as of the beginning of the plan year2024-04-16140160
Employer contributions to plan in this plan year2024-04-1616358
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-164512
2022 : NORTH AMERICAN SEALING SOLUTIO 401(K) PROFIT SHARING PLAN & TRUST 2022 401k financial data
Total transfers to/from plan in this plan year2022-08-050
Total liabilities as of the end of the plan year2022-08-050
Total liabilities as of the beginning of the plan year2022-08-050
Total expenses incurred by plan in this plan year2022-08-053106
Net assets as of the end of the plan year2022-08-05139673
Total assets as of the beginning of the plan year2022-08-0592502
Value of plan covered by a fidelity bond2022-08-0520000
Participant contributions to plan in this plan year2022-08-0518191
Other expenses paid from plan in this plan year2022-08-050
Other contributions to plan in this plan year2022-08-050
Other income to plan in this plan year2022-08-0516327
Plan net income in this plan year2022-08-0547171
Net assets as of the end of the plan year2022-08-05139673
Net assets as of the beginning of the plan year2022-08-0592502
Employer contributions to plan in this plan year2022-08-0515759
Expensese paid to adminstrative service provicers from plan in this plan year2022-08-053106

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