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WOOD SPECIALTIES, INC 401(K) SAVINGS PLAN 401k Plan overview

Plan NameWOOD SPECIALTIES, INC 401(K) SAVINGS PLAN
Plan identification number 001

WOOD SPECIALTIES, INC 401(K) SAVINGS 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.

401k Sponsoring company profile

WOOD SPECIALTIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:WOOD SPECIALTIES, INC.
Employer identification number (EIN):391439044
NAIC Classification:423300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WOOD SPECIALTIES, INC 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01KIM LARSON2024-06-04
0012022-01-01KIM LARSON2023-07-28
0012021-01-01KIM LARSON2022-07-20
0012020-01-01KIM LARSON2021-07-06
0012019-01-01KIM LARSON2020-06-12
0012018-01-01KIM LARSON2019-05-15
0012017-01-01KIM LARSON2018-06-22
0012016-01-01KIM LARSON2017-05-30
0012015-01-01KIM LARSON2016-06-09
0012014-01-01KIM LARSON2015-06-10
0012013-01-01KIM LARSON2014-06-12
0012012-01-01RANDALL W. BATES2013-04-24 RANDALL W. BATES2013-04-24
0012011-01-01SUSAN E. MYERS2012-07-31
0012010-01-01SUSAN MYERS2011-07-21

Financial Data on WOOD SPECIALTIES, INC 401(K) SAVINGS PLAN

Measure Date Value
2025 : WOOD SPECIALTIES, INC 401(K) SAVINGS PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-020
Total liabilities as of the end of the plan year2025-07-020
Total liabilities as of the beginning of the plan year2025-07-020
Total expenses incurred by plan in this plan year2025-07-021078045
Net assets as of the end of the plan year2025-07-02898439
Total assets as of the beginning of the plan year2025-07-021813917
Value of plan covered by a fidelity bond2025-07-02181392
Participant contributions to plan in this plan year2025-07-0254916
Other expenses paid from plan in this plan year2025-07-020
Other contributions to plan in this plan year2025-07-020
Other income to plan in this plan year2025-07-02107651
Plan net income in this plan year2025-07-02-915478
Net assets as of the end of the plan year2025-07-02898439
Net assets as of the beginning of the plan year2025-07-021813917
Employer contributions to plan in this plan year2025-07-020
Fees paid to broker by Benefit Provider2025-07-02886
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-027654
2024 : WOOD SPECIALTIES, INC 401(K) SAVINGS PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-06-040
Total expenses incurred by plan in this plan year2024-06-0428328
Net assets as of the end of the plan year2024-06-041813917
Total assets as of the beginning of the plan year2024-06-041616346
Value of plan covered by a fidelity bond2024-06-04161635
Participant contributions to plan in this plan year2024-06-0458829
Value of participant loans at end of plan year2024-06-041443
Other income to plan in this plan year2024-06-04167070
Plan net income in this plan year2024-06-04197571
Net assets as of the end of the plan year2024-06-041813917
Net assets as of the beginning of the plan year2024-06-041616346
Fees paid to broker by Benefit Provider2024-06-04765
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-048206

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