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NORTH STAR IMPORTS CASH BALANCE PLAN 401k Plan overview

Plan NameNORTH STAR IMPORTS CASH BALANCE PLAN
Plan identification number 002

NORTH STAR IMPORTS CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • 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 STAR IMPORTS has sponsored the creation of one or more 401k plans.

Company Name:NORTH STAR IMPORTS
Employer identification number (EIN):272959983
NAIC Classification:424400

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTH STAR IMPORTS CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01

Financial Data on NORTH STAR IMPORTS CASH BALANCE PLAN

Measure Date Value
2025 : NORTH STAR IMPORTS CASH BALANCE PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-10-090
Total liabilities as of the beginning of the plan year2025-10-090
Total expenses incurred by plan in this plan year2025-10-090
Net assets as of the end of the plan year2025-10-091199768
Total assets as of the beginning of the plan year2025-10-09807843
Other income to plan in this plan year2025-10-0970573
Plan net income in this plan year2025-10-09391925
Net assets as of the end of the plan year2025-10-091199768
Net assets as of the beginning of the plan year2025-10-09807843
Employer contributions to plan in this plan year2025-10-09321352
2024 : NORTH STAR IMPORTS CASH BALANCE PLAN 2024 401k financial data
Net assets as of the end of the plan year2024-07-02807843
Total assets as of the beginning of the plan year2024-07-02516712
Other income to plan in this plan year2024-07-0237340
Plan net income in this plan year2024-07-02291131
Net assets as of the end of the plan year2024-07-02807843
Net assets as of the beginning of the plan year2024-07-02516712
Employer contributions to plan in this plan year2024-07-02253791

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