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TEAMSTERS UNION LOCAL 662 401(K) PLAN 401k Plan overview

Plan NameTEAMSTERS UNION LOCAL 662 401(K) PLAN
Plan identification number 001

TEAMSTERS UNION LOCAL 662 401(K) 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

TEAMSTERS UNION LOCAL 662 has sponsored the creation of one or more 401k plans.

Company Name:TEAMSTERS UNION LOCAL 662
Employer identification number (EIN):390367762
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TEAMSTERS UNION LOCAL 662 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01THOMAS STRICKLAND2024-03-14 THOMAS STRICKLAND2024-03-14
0012022-01-01TIM WENTZ2023-03-10 TIM WENTZ2023-03-10
0012021-01-01TIM WENTZ2022-03-16 TIM WENTZ2022-03-16
0012020-01-01TIM WENTZ2021-02-22 TIM WENTZ2021-02-22
0012019-01-01TIM WENTZ2020-04-01 TIM WENTZ2020-04-01
0012018-01-01RICK SKUTAK2019-04-01 RICK SKUTAK2019-04-01
0012017-01-01RICK SKUTAK2018-03-09 RICK SKUTAK2018-03-09
0012016-01-01RICK SKUTAK2017-05-15 RICK SKUTAK2017-05-15
0012015-01-01RICK SKUTAK2016-02-10 RICK SKUTAK2016-02-10
0012014-01-01RICK SKUTAK2015-03-12 RICK SKUTAK2015-03-12
0012013-01-01RICK SKUTAK2014-02-26 RICK SKUTAK2014-02-26
0012012-01-01DAVID REARDON2013-03-11
0012011-01-01DAVID REARDON2012-06-05
0012010-01-01DAVID REARDON2011-02-23

Financial Data on TEAMSTERS UNION LOCAL 662 401(K) PLAN

Measure Date Value
2025 : TEAMSTERS UNION LOCAL 662 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-241314726
Net assets as of the end of the plan year2025-06-241640219
Total assets as of the beginning of the plan year2025-06-242577729
Value of plan covered by a fidelity bond2025-06-24500000
Participant contributions to plan in this plan year2025-06-24116513
Other income to plan in this plan year2025-06-24260703
Plan net income in this plan year2025-06-24-937510
Net assets as of the end of the plan year2025-06-241640219
Net assets as of the beginning of the plan year2025-06-242577729
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-2417148
2024 : TEAMSTERS UNION LOCAL 662 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-03-14645360
Net assets as of the end of the plan year2024-03-142577729
Total assets as of the beginning of the plan year2024-03-142561112
Value of plan covered by a fidelity bond2024-03-14500000
Participant contributions to plan in this plan year2024-03-14127152
Other contributions to plan in this plan year2024-03-14155874
Other income to plan in this plan year2024-03-14378951
Plan net income in this plan year2024-03-1416617
Net assets as of the end of the plan year2024-03-142577729
Net assets as of the beginning of the plan year2024-03-142561112
Expensese paid to adminstrative service provicers from plan in this plan year2024-03-1419279
2022 : TEAMSTERS UNION LOCAL 662 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-03-16215040
Net assets as of the end of the plan year2022-03-163484825
Total assets as of the beginning of the plan year2022-03-163181812
Value of plan covered by a fidelity bond2022-03-16500000
Participant contributions to plan in this plan year2022-03-16123790
Other expenses paid from plan in this plan year2022-03-1623505
Other income to plan in this plan year2022-03-16394263
Plan net income in this plan year2022-03-16303013
Net assets as of the end of the plan year2022-03-163484825
Net assets as of the beginning of the plan year2022-03-163181812

Potentially related plans

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