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TWIN CITIES AUTO GLASS INC 401(K) PLAN 401k Plan overview

Plan NameTWIN CITIES AUTO GLASS INC 401(K) PLAN
Plan identification number 001

TWIN CITIES AUTO GLASS INC 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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

TWIN CITIES AUTO GLASS, INC has sponsored the creation of one or more 401k plans.

Company Name:TWIN CITIES AUTO GLASS, INC
Employer identification number (EIN):454405238
NAIC Classification:811120
NAIC Description: Automotive Body, Paint, Interior, and Glass Repair

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TWIN CITIES AUTO GLASS INC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01NICK MCLAIN2024-07-18
0012022-01-01NICK MCLAIN2023-08-07
0012021-01-01NICK MCLAIN2022-07-12
0012020-01-01NICK MCLAIN2021-08-27 NICK MCLAIN2021-09-27
0012019-01-01NICK MCLAIN2020-06-10 NICK MCLAIN2020-06-10
0012018-01-01NICHOLAS MCLAIN2019-07-16 NICHOLAS MCLAIN2019-07-16
0012017-01-01NICHOLAS MCLAIN2018-05-15 TWIN CITIES AUTO GLASS2018-07-10
0012016-01-01NICK MCLAIN2017-05-12
0012015-01-01NICK MCLAIN2016-05-25 NICK MCLAIN2016-05-25
0012014-01-01NICHOLAS MCLAIN2015-07-16

Financial Data on TWIN CITIES AUTO GLASS INC 401(K) PLAN

Measure Date Value
2025 : TWIN CITIES AUTO GLASS INC 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-0965062
Net assets as of the end of the plan year2025-06-092783691
Total assets as of the beginning of the plan year2025-06-092192654
Value of plan covered by a fidelity bond2025-06-0955000
Participant contributions to plan in this plan year2025-06-09229628
Value of participant loans at end of plan year2025-06-0922313
Other contributions to plan in this plan year2025-06-090
Other income to plan in this plan year2025-06-09317298
Plan net income in this plan year2025-06-09591037
Net assets as of the end of the plan year2025-06-092783691
Net assets as of the beginning of the plan year2025-06-092192654
Value of contributions failed to transmitted timely2025-06-090
Employer contributions to plan in this plan year2025-06-09109173
Fees paid to broker by Benefit Provider2025-06-091665
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-090
2024 : TWIN CITIES AUTO GLASS INC 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-1845294
Net assets as of the end of the plan year2024-07-182192654
Total assets as of the beginning of the plan year2024-07-181534019
Value of plan covered by a fidelity bond2024-07-1855000
Participant contributions to plan in this plan year2024-07-18198881
Value of participant loans at end of plan year2024-07-1819537
Other contributions to plan in this plan year2024-07-1866950
Other income to plan in this plan year2024-07-18347173
Plan net income in this plan year2024-07-18658635
Net assets as of the end of the plan year2024-07-182192654
Net assets as of the beginning of the plan year2024-07-181534019
Employer contributions to plan in this plan year2024-07-1890925
Fees paid to broker by Benefit Provider2024-07-181230
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-1815191

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