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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.
  • Plan covering Self-Employed individuals.
  • 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.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JEFF LORENTZ2024-04-30
0012022-01-01JEFF LORENTZ2023-05-16 JEFF LORENTZ2023-05-16
0012021-01-01JEFF LORENTZ2022-05-09 JEFF LORENTZ2022-05-09
0012020-01-01JEFF LORENTZ2021-05-18 JEFF LORENTZ2021-05-18

Plan Statistics for

401k plan membership statisitcs for

Measure Date Value
2025: 2025 401k membership
Total number of particpants at beginning of year2025-07-027
Total number of particpants at end of year2025-07-028
Number of Participants With Account Balances2025-07-028
2024: 2024 401k membership
Total number of particpants at beginning of year2024-04-308
Total number of particpants at end of year2024-04-307
Number of Participants With Account Balances2024-04-307

Financial Data on

Measure Date Value
2025 : 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-07-020
Total expenses incurred by plan in this plan year2025-07-021345
Net assets as of the end of the plan year2025-07-02973277
Total assets as of the beginning of the plan year2025-07-02726305
Value of plan covered by a fidelity bond2025-07-02100000
Participant contributions to plan in this plan year2025-07-0265006
Other income to plan in this plan year2025-07-0298249
Plan net income in this plan year2025-07-02246972
Net assets as of the end of the plan year2025-07-02973277
Net assets as of the beginning of the plan year2025-07-02726305
Employer contributions to plan in this plan year2025-07-0285062
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-021111
2024 : 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-04-300
Total expenses incurred by plan in this plan year2024-04-3018465
Net assets as of the end of the plan year2024-04-30726305
Total assets as of the beginning of the plan year2024-04-30441019
Value of plan covered by a fidelity bond2024-04-30100000
Participant contributions to plan in this plan year2024-04-30119230
Other income to plan in this plan year2024-04-3095589
Plan net income in this plan year2024-04-30285286
Net assets as of the end of the plan year2024-04-30726305
Net assets as of the beginning of the plan year2024-04-30441019
Employer contributions to plan in this plan year2024-04-3088932
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-30140

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