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WESTERN STATES MINERALS CORPORATION 401(K) RETIREMENT SAVINGS PLAN 401k Plan overview

Plan NameWESTERN STATES MINERALS CORPORATION 401(K) RETIREMENT SAVINGS PLAN
Plan identification number 003

WESTERN STATES MINERALS CORPORATION 401(K) RETIREMENT 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

WESTERN STATES MINERALS CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:WESTERN STATES MINERALS CORPORATION
Employer identification number (EIN):411270252
NAIC Classification:212200
NAIC Description: Metal Ore Mining

Additional information about WESTERN STATES MINERALS CORPORATION

Jurisdiction of Incorporation: California Department of State
Incorporation Date:
Company Identification Number: C1647949

More information about WESTERN STATES MINERALS CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WESTERN STATES MINERALS CORPORATION 401(K) RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01JOHN MARVEL2024-04-24 JOHN MARVEL2024-04-24
0032022-01-01JOHN MARVEL2023-06-21
0032021-01-01VERONICA ELDRIDGE2022-09-20 VERONICA ELDRIDGE2022-09-20
0032020-01-01VERONICA ELDRIDGE2021-05-04 VERONICA ELDRIDGE2021-05-04
0032019-01-01JOHN MARVEL2020-09-02 JOHN MARVEL2020-09-02
0032018-01-01JOHN CARMODY2019-07-11 JOHN CARMODY2019-07-11
0032017-01-01JOHN CARMODY2018-03-12 JOHN CARMODY2018-03-12
0032016-01-01JOHN CARMODY2017-07-11 JOHN CARMODY2017-07-11
0032015-01-01JOHN CARMODY2016-04-19 JOHN CARMODY2016-04-19
0032014-01-01JOHN CARMODY2015-02-25 JOHN CARMODY2015-02-25
0032013-01-01JOHN CARMODY2014-02-17 JOHN CARMODY2014-02-17
0032012-01-01JOHN CARMODY2013-04-08 JOHN CARMODY2013-04-08
0032011-01-01JOHN CARMODY2012-02-08 JOHN CARMODY2012-02-08
0032010-01-01JOHN CARMODY2011-03-14 JOHN CARMODY2011-03-14

Financial Data on WESTERN STATES MINERALS CORPORATION 401(K) RETIREMENT SAVINGS PLAN

Measure Date Value
2025 : WESTERN STATES MINERALS CORPORATION 401(K) RETIREMENT SAVINGS PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-03-100
Total liabilities as of the end of the plan year2025-03-100
Total liabilities as of the beginning of the plan year2025-03-100
Total expenses incurred by plan in this plan year2025-03-10348664
Net assets as of the end of the plan year2025-03-10144506
Total assets as of the beginning of the plan year2025-03-10481277
Value of plan covered by a fidelity bond2025-03-10200000
Participant contributions to plan in this plan year2025-03-104950
Other expenses paid from plan in this plan year2025-03-100
Other contributions to plan in this plan year2025-03-100
Other income to plan in this plan year2025-03-105293
Plan net income in this plan year2025-03-10-336771
Net assets as of the end of the plan year2025-03-10144506
Net assets as of the beginning of the plan year2025-03-10481277
Employer contributions to plan in this plan year2025-03-101650
Expensese paid to adminstrative service provicers from plan in this plan year2025-03-1050
2024 : WESTERN STATES MINERALS CORPORATION 401(K) RETIREMENT SAVINGS PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-04-240
Total liabilities as of the end of the plan year2024-04-240
Total liabilities as of the beginning of the plan year2024-04-240
Total expenses incurred by plan in this plan year2024-04-2478241
Net assets as of the end of the plan year2024-04-24481277
Total assets as of the beginning of the plan year2024-04-24511431
Value of plan covered by a fidelity bond2024-04-24200000
Participant contributions to plan in this plan year2024-04-242475
Other expenses paid from plan in this plan year2024-04-240
Other contributions to plan in this plan year2024-04-240
Other income to plan in this plan year2024-04-2444787
Plan net income in this plan year2024-04-24-30154
Net assets as of the end of the plan year2024-04-24481277
Net assets as of the beginning of the plan year2024-04-24511431
Value of contributions failed to transmitted timely2024-04-243756
Employer contributions to plan in this plan year2024-04-24825
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-24150

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