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SOUTH SHORE LASER 401K PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameSOUTH SHORE LASER 401K PROFIT SHARING PLAN & TRUST
Plan identification number 001

SOUTH SHORE LASER 401K PROFIT SHARING PLAN & TRUST 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

SOUTH SHORE LASER INC has sponsored the creation of one or more 401k plans.

Company Name:SOUTH SHORE LASER INC
Employer identification number (EIN):455167213
NAIC Classification:812190

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTH SHORE LASER 401K PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DONNA ROEMER2024-06-17
0012022-01-01DONNA ROEMER2023-06-19
0012021-01-01DONNA ROEMER2023-01-13
0012020-01-01DONNA ROEMER2021-07-12
0012019-01-01DONNA ROEMER2020-07-01
0012018-01-01DONNA ROEMER2019-10-11
0012017-01-01DONNA ROEMER2018-10-15
0012016-01-01DONNA ROEMER2017-10-16
0012015-01-01DONNA ROEMER2016-07-26
0012014-01-01DONNA ROEMER2015-06-29
0012013-01-01MICHALE ROEMER2014-06-11

Plan Statistics for SOUTH SHORE LASER 401K PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for SOUTH SHORE LASER 401K PROFIT SHARING PLAN & TRUST

Measure Date Value
2025: SOUTH SHORE LASER 401K PROFIT SHARING PLAN & TRUST 2025 401k membership
Total number of particpants at beginning of year2025-09-177
Total number of particpants at end of year2025-09-177
Number of Participants With Account Balances2025-09-174
2024: SOUTH SHORE LASER 401K PROFIT SHARING PLAN & TRUST 2024 401k membership
Total number of particpants at beginning of year2024-06-178
Total number of particpants at end of year2024-06-177
Number of Participants With Account Balances2024-06-174
2023: SOUTH SHORE LASER 401K PROFIT SHARING PLAN & TRUST 2023 401k membership
Total number of particpants at beginning of year2023-01-136
Total number of particpants at end of year2023-01-135
Number of Participants With Account Balances2023-01-133

Financial Data on SOUTH SHORE LASER 401K PROFIT SHARING PLAN & TRUST

Measure Date Value
2025 : SOUTH SHORE LASER 401K PROFIT SHARING PLAN & TRUST 2025 401k financial data
Total expenses incurred by plan in this plan year2025-09-17125
Net assets as of the end of the plan year2025-09-17135345
Total assets as of the beginning of the plan year2025-09-17109331
Value of plan covered by a fidelity bond2025-09-1711000
Participant contributions to plan in this plan year2025-09-178709
Value of participant loans at end of plan year2025-09-171125
Other income to plan in this plan year2025-09-1710152
Plan net income in this plan year2025-09-1726014
Net assets as of the end of the plan year2025-09-17135345
Net assets as of the beginning of the plan year2025-09-17109331
Employer contributions to plan in this plan year2025-09-177278
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-17125
2024 : SOUTH SHORE LASER 401K PROFIT SHARING PLAN & TRUST 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-170
Net assets as of the end of the plan year2024-06-17109331
Total assets as of the beginning of the plan year2024-06-1780061
Value of plan covered by a fidelity bond2024-06-179000
Participant contributions to plan in this plan year2024-06-1710192
Other income to plan in this plan year2024-06-1711244
Plan net income in this plan year2024-06-1729270
Net assets as of the end of the plan year2024-06-17109331
Net assets as of the beginning of the plan year2024-06-1780061
Employer contributions to plan in this plan year2024-06-177834
2023 : SOUTH SHORE LASER 401K PROFIT SHARING PLAN & TRUST 2023 401k financial data
Total expenses incurred by plan in this plan year2023-01-130
Net assets as of the end of the plan year2023-01-1378192
Total assets as of the beginning of the plan year2023-01-1355720
Value of plan covered by a fidelity bond2023-01-136000
Participant contributions to plan in this plan year2023-01-138883
Other income to plan in this plan year2023-01-136402
Plan net income in this plan year2023-01-1322472
Net assets as of the end of the plan year2023-01-1378192
Net assets as of the beginning of the plan year2023-01-1355720
Employer contributions to plan in this plan year2023-01-137187

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