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G & G SECURITY INC-401K PLAN 401k Plan overview

Plan NameG & G SECURITY INC-401K PLAN
Plan identification number 001

G & G SECURITY INC-401K 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

G & G SECURITY INC has sponsored the creation of one or more 401k plans.

Company Name:G & G SECURITY INC
Employer identification number (EIN):455371697
NAIC Classification:561600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan G & G SECURITY INC-401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01NICK RICE2024-06-20
0012022-01-01SHIRLEY HORNER2023-06-21
0012021-01-01SHIRLEY HORNER2022-07-04
0012020-01-01SHIRLEY HORNER2021-10-07

Plan Statistics for G & G SECURITY INC-401K PLAN

401k plan membership statisitcs for G & G SECURITY INC-401K PLAN

Measure Date Value
2025: G & G SECURITY INC-401K PLAN 2025 401k membership
Total number of particpants at beginning of year2025-06-10111
Total number of particpants at end of year2025-06-10119
Number of Participants With Account Balances2025-06-105
2024: G & G SECURITY INC-401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-06-2090
Total number of particpants at end of year2024-06-20114
Number of Participants With Account Balances2024-06-207

Financial Data on G & G SECURITY INC-401K PLAN

Measure Date Value
2025 : G & G SECURITY INC-401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-104877
Net assets as of the end of the plan year2025-06-1015444
Total assets as of the beginning of the plan year2025-06-1013327
Value of plan covered by a fidelity bond2025-06-102000
Participant contributions to plan in this plan year2025-06-105059
Value of participant loans at end of plan year2025-06-104517
Other income to plan in this plan year2025-06-101935
Plan net income in this plan year2025-06-102117
Net assets as of the end of the plan year2025-06-1015444
Net assets as of the beginning of the plan year2025-06-1013327
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-10350
2024 : G & G SECURITY INC-401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-201911
Net assets as of the end of the plan year2024-06-2013327
Total assets as of the beginning of the plan year2024-06-204950
Value of plan covered by a fidelity bond2024-06-201000
Participant contributions to plan in this plan year2024-06-209165
Value of participant loans at end of plan year2024-06-204027
Other income to plan in this plan year2024-06-201123
Plan net income in this plan year2024-06-208377
Net assets as of the end of the plan year2024-06-2013327
Net assets as of the beginning of the plan year2024-06-204950
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-20469

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