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GREAT LAKES SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameGREAT LAKES SYSTEMS, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 002

GREAT LAKES SYSTEMS, INC. 401(K) PROFIT SHARING 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.
  • 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

GREAT LAKES SYSTEMS, INC. has sponsored the creation of one or more 401k plans.

Company Name:GREAT LAKES SYSTEMS, INC.
Employer identification number (EIN):381868212
NAIC Classification:333900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GREAT LAKES SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01KEVIN CLAUSEN2024-06-06
0022022-01-01KEVIN CLAUSEN2023-07-18
0022021-01-01KEVIN CLAUSEN2022-04-22
0022020-01-01KEVIN CLAUSEN2021-07-07
0022019-01-01KEVIN CLAUSEN2020-06-23
0022018-01-01KEVIN CLAUSEN2019-10-10
0022017-01-01KEVIN CLAUSEN2018-10-10
0022016-01-01KYLE CLAUSEN2017-07-26
0022015-01-01
0022013-01-01KYLE CLAUSEN2014-08-11
0022012-01-01KYLE CLAUSEN2013-10-09
0022011-01-01KYLE CLAUSEN2012-10-12
0022010-01-01KYLE CLAUSEN2011-10-13

Plan Statistics for GREAT LAKES SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for GREAT LAKES SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2025: GREAT LAKES SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-04-3042
Total number of particpants at end of year2025-04-3024
Number of Participants With Account Balances2025-04-3024
2024: GREAT LAKES SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-06-0636
Total number of particpants at end of year2024-06-0637
Number of Participants With Account Balances2024-06-0624
2022: GREAT LAKES SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-04-2238
Total number of particpants at end of year2022-04-2235
Number of Participants With Account Balances2022-04-229

Financial Data on GREAT LAKES SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : GREAT LAKES SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-04-300
Total liabilities as of the end of the plan year2025-04-300
Total liabilities as of the beginning of the plan year2025-04-300
Total expenses incurred by plan in this plan year2025-04-3013325
Net assets as of the end of the plan year2025-04-30703659
Total assets as of the beginning of the plan year2025-04-30496557
Value of plan covered by a fidelity bond2025-04-3050000
Participant contributions to plan in this plan year2025-04-3094571
Value of participant loans at end of plan year2025-04-305435
Other expenses paid from plan in this plan year2025-04-300
Other contributions to plan in this plan year2025-04-300
Other income to plan in this plan year2025-04-30101970
Plan net income in this plan year2025-04-30207102
Net assets as of the end of the plan year2025-04-30703659
Net assets as of the beginning of the plan year2025-04-30496557
Employer contributions to plan in this plan year2025-04-3023886
Fees paid to broker by Benefit Provider2025-04-301417
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-306711
2024 : GREAT LAKES SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-06-060
Total liabilities as of the end of the plan year2024-06-060
Total liabilities as of the beginning of the plan year2024-06-060
Total expenses incurred by plan in this plan year2024-06-064590
Net assets as of the end of the plan year2024-06-06496557
Total assets as of the beginning of the plan year2024-06-06355765
Value of plan covered by a fidelity bond2024-06-0650000
Participant contributions to plan in this plan year2024-06-0655629
Value of participant loans at end of plan year2024-06-068526
Other expenses paid from plan in this plan year2024-06-060
Other contributions to plan in this plan year2024-06-060
Other income to plan in this plan year2024-06-0671000
Plan net income in this plan year2024-06-06140792
Net assets as of the end of the plan year2024-06-06496557
Net assets as of the beginning of the plan year2024-06-06355765
Employer contributions to plan in this plan year2024-06-0618753
Fees paid to broker by Benefit Provider2024-06-06993
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-064590
2022 : GREAT LAKES SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total liabilities as of the end of the plan year2022-04-220
Total liabilities as of the beginning of the plan year2022-04-220
Total expenses incurred by plan in this plan year2022-04-2245877
Net assets as of the end of the plan year2022-04-22532654
Total assets as of the beginning of the plan year2022-04-22492824
Value of plan covered by a fidelity bond2022-04-22500000
Participant contributions to plan in this plan year2022-04-2213314
Value of participant loans at end of plan year2022-04-2214166
Other contributions to plan in this plan year2022-04-220
Other income to plan in this plan year2022-04-2272393
Plan net income in this plan year2022-04-2239830
Net assets as of the end of the plan year2022-04-22532654
Net assets as of the beginning of the plan year2022-04-22492824
Employer contributions to plan in this plan year2022-04-220
Fees paid to broker by Benefit Provider2022-04-221240
Expensese paid to adminstrative service provicers from plan in this plan year2022-04-226027

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