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TWIN CITY HIDE, INC. UNION 401(K) PLAN 401k Plan overview

Plan NameTWIN CITY HIDE, INC. UNION 401(K) PLAN
Plan identification number 002

TWIN CITY HIDE, INC. UNION 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.
  • 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

TWIN CITY HIDE has sponsored the creation of one or more 401k plans.

Company Name:TWIN CITY HIDE
Employer identification number (EIN):411595952
NAIC Classification:424500

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TWIN CITY HIDE, INC. UNION 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01ERICH PUGH2024-05-30
0022022-01-01ERICH PUGH2023-06-01
0022021-01-01ERICH PUGH2022-07-22
0022020-01-01THOMAS GROVE2021-10-12 THOMAS GROVE2021-10-12
0022019-01-01THOMAS GROVE2020-10-12 THOMAS GROVE2020-10-12
0022018-01-01THOMAS GROVE2019-07-24
0022017-01-01THOMAS GROVE2018-07-26
0022016-01-01THOMAS GROVE2017-10-09 THOMAS GROVE2017-10-09
0022015-01-01THOMAS GROVE2016-06-22
0022014-01-01THOMAS GROVE2015-07-21 THOMAS GROVE2015-07-21
0022013-01-01THOMAS GROVE2014-07-23 THOMAS GROVE2014-07-23
0022012-01-01THOMAS GROVE2013-07-23 THOMAS GROVE2013-07-23
0022011-04-01THOMAS GROVE2012-07-26 THOMAS GROVE2012-07-26

Plan Statistics for TWIN CITY HIDE, INC. UNION 401(K) PLAN

401k plan membership statisitcs for TWIN CITY HIDE, INC. UNION 401(K) PLAN

Measure Date Value
2025: TWIN CITY HIDE, INC. UNION 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-05-2773
Total number of particpants at end of year2025-05-2770
Number of Participants With Account Balances2025-05-2725
2024: TWIN CITY HIDE, INC. UNION 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-3085
Total number of particpants at end of year2024-05-3072
Number of Participants With Account Balances2024-05-3034
2022: TWIN CITY HIDE, INC. UNION 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-07-2272
Total number of particpants at end of year2022-07-2283
Number of Participants With Account Balances2022-07-2239

Financial Data on TWIN CITY HIDE, INC. UNION 401(K) PLAN

Measure Date Value
2025 : TWIN CITY HIDE, INC. UNION 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-27127216
Net assets as of the end of the plan year2025-05-27373612
Total assets as of the beginning of the plan year2025-05-27399109
Value of plan covered by a fidelity bond2025-05-2740000
Participant contributions to plan in this plan year2025-05-2739882
Value of participant loans at end of plan year2025-05-2714056
Other income to plan in this plan year2025-05-2740699
Plan net income in this plan year2025-05-27-25497
Net assets as of the end of the plan year2025-05-27373612
Net assets as of the beginning of the plan year2025-05-27399109
Employer contributions to plan in this plan year2025-05-2721138
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-271135
2024 : TWIN CITY HIDE, INC. UNION 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-3037700
Net assets as of the end of the plan year2024-05-30399109
Total assets as of the beginning of the plan year2024-05-30323005
Value of plan covered by a fidelity bond2024-05-3033000
Participant contributions to plan in this plan year2024-05-3034683
Value of participant loans at end of plan year2024-05-304235
Other income to plan in this plan year2024-05-3054228
Plan net income in this plan year2024-05-3076104
Net assets as of the end of the plan year2024-05-30399109
Net assets as of the beginning of the plan year2024-05-30323005
Employer contributions to plan in this plan year2024-05-3024893
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-30745
2022 : TWIN CITY HIDE, INC. UNION 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-07-2228393
Net assets as of the end of the plan year2022-07-22476799
Total assets as of the beginning of the plan year2022-07-22381012
Value of plan covered by a fidelity bond2022-07-2239000
Participant contributions to plan in this plan year2022-07-2250259
Value of participant loans at end of plan year2022-07-2220325
Other income to plan in this plan year2022-07-2247303
Plan net income in this plan year2022-07-2295787
Net assets as of the end of the plan year2022-07-22476799
Net assets as of the beginning of the plan year2022-07-22381012
Employer contributions to plan in this plan year2022-07-2226618
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-222694

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