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EMPLOYEE BENEFIT PLAN OF WILLCRAFT, INC. 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF WILLCRAFT, INC.
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF WILLCRAFT, INC. 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

WILLCRAFT, INC. has sponsored the creation of one or more 401k plans.

Company Name:WILLCRAFT, INC.
Employer identification number (EIN):460567965
NAIC Classification:339900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF WILLCRAFT, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01TYER COON2024-08-26
0012022-01-01DEBORAH CLOUGH2023-07-26
0012021-01-01DEBORAH CLOUGH2022-07-22
0012020-01-01DEBORAH CLOUGH2021-07-15
0012019-01-01DEBORAH CLOUGH2020-07-13
0012018-01-01DEBORAH CLOUGH2019-07-24
0012017-01-01DEBORAH CLOUGH2018-04-16 DEBORAH CLOUGH2018-04-16
0012016-01-01DEBORAH CLOUGH2017-07-24 DEBORAH CLOUGH2017-07-24
0012013-01-01THOMAS WARGO2014-04-29 THOMAS WARGO2014-04-29
0012012-01-01THOMAS WARGO2013-05-10 THOMAS WARGO2013-05-10

Plan Statistics for EMPLOYEE BENEFIT PLAN OF WILLCRAFT, INC.

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF WILLCRAFT, INC.

Measure Date Value
2025: EMPLOYEE BENEFIT PLAN OF WILLCRAFT, INC. 2025 401k membership
Total number of particpants at beginning of year2025-10-0913
Total number of particpants at end of year2025-10-099
Number of Participants With Account Balances2025-10-099
2024: EMPLOYEE BENEFIT PLAN OF WILLCRAFT, INC. 2024 401k membership
Total number of particpants at beginning of year2024-08-2617
Total number of particpants at end of year2024-08-2613
Number of Participants With Account Balances2024-08-2610

Financial Data on EMPLOYEE BENEFIT PLAN OF WILLCRAFT, INC.

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF WILLCRAFT, INC. 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-10-090
Total expenses incurred by plan in this plan year2025-10-0917554
Net assets as of the end of the plan year2025-10-09724513
Total assets as of the beginning of the plan year2025-10-09646315
Value of plan covered by a fidelity bond2025-10-0975000
Other expenses paid from plan in this plan year2025-10-0944
Other income to plan in this plan year2025-10-0995752
Plan net income in this plan year2025-10-0978198
Net assets as of the end of the plan year2025-10-09724513
Net assets as of the beginning of the plan year2025-10-09646315
2024 : EMPLOYEE BENEFIT PLAN OF WILLCRAFT, INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-08-260
Total liabilities as of the end of the plan year2024-08-260
Total liabilities as of the beginning of the plan year2024-08-260
Total expenses incurred by plan in this plan year2024-08-2649561
Net assets as of the end of the plan year2024-08-26646315
Total assets as of the beginning of the plan year2024-08-26573244
Value of plan covered by a fidelity bond2024-08-2675000
Participant contributions to plan in this plan year2024-08-2621198
Other expenses paid from plan in this plan year2024-08-260
Other contributions to plan in this plan year2024-08-260
Other income to plan in this plan year2024-08-2691207
Plan net income in this plan year2024-08-2673071
Net assets as of the end of the plan year2024-08-26646315
Net assets as of the beginning of the plan year2024-08-26573244
Employer contributions to plan in this plan year2024-08-2610227
Fees paid to broker by Benefit Provider2024-08-2673
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-2656

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