401k Plan data: STANDARD SAFETY EQUIPMENT CO. EMPLOYEES' 401(K) SAVINGS PLAN plan

STANDARD SAFETY EQUIPMENT CO. EMPLOYEES' 401(K) SAVINGS PLAN 401k Plan overview

Plan Name	STANDARD SAFETY EQUIPMENT CO. EMPLOYEES' 401(K) SAVINGS PLAN
Plan identification number	003

STANDARD SAFETY EQUIPMENT CO. EMPLOYEES' 401(K) SAVINGS PLAN Benefits

401k Plan Type

Defined 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

STANDARD SAFETY EQUIPMENT CO. has sponsored the creation of one or more 401k plans.

Company Name: STANDARD SAFETY EQUIPMENT CO.

Employer identification number (EIN): 361813210

NAIC Classification: 315280
NAIC Description: Other Cut and Sew Apparel Manufacturing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan STANDARD SAFETY EQUIPMENT CO. EMPLOYEES' 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2023-01-01 SCOTT OLSON 2024-10-10
003 2022-01-01 SCOTT OLSON 2023-10-09
003 2021-01-01 SCOTT OLSON 2022-10-11
003 2020-01-01 SCOTT OLSON 2021-10-08
003 2019-01-01 SCOTT OLSON 2020-09-21
003 2018-01-01 SCOTT OLSON 2019-07-29
003 2017-01-01 SCOTT OLSON 2018-07-23
003 2016-01-01 SCOTT OLSON 2017-07-27
003 2015-01-01 SCOTT OLSON 2016-07-27
003 2014-01-01 SCOTT OLSON 2015-07-28
003 2013-01-01 SCOTT OLSON 2014-07-28
003 2012-01-01 SCOTT OLSON 2013-07-24
003 2011-01-01 SCOTT R. OLSON 2012-10-04

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
003	2023-01-01	SCOTT OLSON	2024-10-10
003	2022-01-01	SCOTT OLSON	2023-10-09
003	2021-01-01	SCOTT OLSON	2022-10-11
003	2020-01-01	SCOTT OLSON	2021-10-08
003	2019-01-01	SCOTT OLSON	2020-09-21
003	2018-01-01	SCOTT OLSON	2019-07-29
003	2017-01-01	SCOTT OLSON	2018-07-23
003	2016-01-01	SCOTT OLSON	2017-07-27
003	2015-01-01	SCOTT OLSON	2016-07-27
003	2014-01-01	SCOTT OLSON	2015-07-28
003	2013-01-01	SCOTT OLSON	2014-07-28
003	2012-01-01	SCOTT OLSON	2013-07-24
003	2011-01-01	SCOTT R. OLSON	2012-10-04

Financial Data on STANDARD SAFETY EQUIPMENT CO. EMPLOYEES' 401(K) SAVINGS PLAN

Measure	Date	Value
2025 : STANDARD SAFETY EQUIPMENT CO. EMPLOYEES' 401(K) SAVINGS PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year	2025-10-05	164216
Net assets as of the end of the plan year	2025-10-05	4462772
Total assets as of the beginning of the plan year	2025-10-05	3781664
Value of plan covered by a fidelity bond	2025-10-05	447000
Participant contributions to plan in this plan year	2025-10-05	117153
Other income to plan in this plan year	2025-10-05	673077
Plan net income in this plan year	2025-10-05	681108
Net assets as of the end of the plan year	2025-10-05	4462772
Net assets as of the beginning of the plan year	2025-10-05	3781664
Employer contributions to plan in this plan year	2025-10-05	55094
Expensese paid to adminstrative service provicers from plan in this plan year	2025-10-05	525
2024 : STANDARD SAFETY EQUIPMENT CO. EMPLOYEES' 401(K) SAVINGS PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year	2024-10-10	1080
Total expenses incurred by plan in this plan year	2024-10-10	209725
Net assets as of the end of the plan year	2024-10-10	3781664
Total assets as of the beginning of the plan year	2024-10-10	3162172
Value of plan covered by a fidelity bond	2024-10-10	379000
Participant contributions to plan in this plan year	2024-10-10	101923
Other income to plan in this plan year	2024-10-10	677242
Plan net income in this plan year	2024-10-10	620572
Net assets as of the end of the plan year	2024-10-10	3781664
Net assets as of the beginning of the plan year	2024-10-10	3161092
Employer contributions to plan in this plan year	2024-10-10	51132
Expensese paid to adminstrative service provicers from plan in this plan year	2024-10-10	350
2022 : STANDARD SAFETY EQUIPMENT CO. EMPLOYEES' 401(K) SAVINGS PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year	2022-10-11	79175
Net assets as of the end of the plan year	2022-10-11	3963708
Total assets as of the beginning of the plan year	2022-10-11	3319888
Value of plan covered by a fidelity bond	2022-10-11	397000
Participant contributions to plan in this plan year	2022-10-11	123034
Other income to plan in this plan year	2022-10-11	541697
Plan net income in this plan year	2022-10-11	643820
Net assets as of the end of the plan year	2022-10-11	3963708
Net assets as of the beginning of the plan year	2022-10-11	3319888
Employer contributions to plan in this plan year	2022-10-11	58264
Expensese paid to adminstrative service provicers from plan in this plan year	2022-10-11	350

Potentially related plans

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Company Name:	STANDARD SAFETY EQUIPMENT CO.
Employer identification number (EIN):	361813210
NAIC Classification:	315280
NAIC Description:	Other Cut and Sew Apparel Manufacturing