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THE OHIO ART COMPANY DEFINED CONTRIBUTION PLAN 401k Plan overview

Plan NameTHE OHIO ART COMPANY DEFINED CONTRIBUTION PLAN
Plan identification number 005

THE OHIO ART COMPANY DEFINED CONTRIBUTION PLAN 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.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

THE OHIO ART COMPANY has sponsored the creation of one or more 401k plans.

Company Name:THE OHIO ART COMPANY
Employer identification number (EIN):344319140
NAIC Classification:323100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE OHIO ART COMPANY DEFINED CONTRIBUTION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0052023-01-01
0052022-01-01
0052021-01-01
0052021-01-01
0052020-01-01
0052019-01-01
0052018-01-01
0052017-01-01
0052016-01-01RITA S BUNTING2017-07-19
0052015-01-01RITA S BUNTING2016-06-29
0052013-01-01RITA BUNTING2014-10-13 RITA BUNTING2014-10-13
0052012-01-01RITA BUNTING2013-10-01
0052011-07-01DAVID WHITE2012-08-31

Plan Statistics for THE OHIO ART COMPANY DEFINED CONTRIBUTION PLAN

401k plan membership statisitcs for THE OHIO ART COMPANY DEFINED CONTRIBUTION PLAN

Measure Date Value
2025: THE OHIO ART COMPANY DEFINED CONTRIBUTION PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-1090
Total number of particpants at end of year2025-07-1080
Number of Participants With Account Balances2025-07-1079
2024: THE OHIO ART COMPANY DEFINED CONTRIBUTION PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-02107
Total number of particpants at end of year2024-07-0290
Number of Participants With Account Balances2024-07-0290
2022: THE OHIO ART COMPANY DEFINED CONTRIBUTION PLAN 2022 401k membership
Total number of particpants at beginning of year2022-10-0378
Total number of particpants at end of year2022-10-0392
Number of Participants With Account Balances2022-10-0392

Financial Data on THE OHIO ART COMPANY DEFINED CONTRIBUTION PLAN

Measure Date Value
2025 : THE OHIO ART COMPANY DEFINED CONTRIBUTION PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-1045660
Net assets as of the end of the plan year2025-07-101507712
Total assets as of the beginning of the plan year2025-07-101294820
Value of plan covered by a fidelity bond2025-07-10500000
Participant contributions to plan in this plan year2025-07-1049847
Other income to plan in this plan year2025-07-10127724
Plan net income in this plan year2025-07-10212892
Net assets as of the end of the plan year2025-07-101507712
Net assets as of the beginning of the plan year2025-07-101294820
Employer contributions to plan in this plan year2025-07-1080981
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-10683
2024 : THE OHIO ART COMPANY DEFINED CONTRIBUTION PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-02115622
Net assets as of the end of the plan year2024-07-021294820
Total assets as of the beginning of the plan year2024-07-021087982
Value of plan covered by a fidelity bond2024-07-02500000
Participant contributions to plan in this plan year2024-07-0249407
Other income to plan in this plan year2024-07-02148931
Plan net income in this plan year2024-07-02206838
Net assets as of the end of the plan year2024-07-021294820
Net assets as of the beginning of the plan year2024-07-021087982
Employer contributions to plan in this plan year2024-07-02124122
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-023800
2022 : THE OHIO ART COMPANY DEFINED CONTRIBUTION PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-03165529
Net assets as of the end of the plan year2022-10-031310516
Total assets as of the beginning of the plan year2022-10-031198121
Value of plan covered by a fidelity bond2022-10-03500000
Participant contributions to plan in this plan year2022-10-0340961
Other income to plan in this plan year2022-10-03141259
Plan net income in this plan year2022-10-03112395
Net assets as of the end of the plan year2022-10-031310516
Net assets as of the beginning of the plan year2022-10-031198121
Employer contributions to plan in this plan year2022-10-0395704
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-03669

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