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EMPLOYEE BENEFIT PLAN OF WICKHAM INDUSTRIES, INC. WICKHAM INDUSTRIES, INC. 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF WICKHAM INDUSTRIES, INC. WICKHAM INDUSTRIES, INC.
Plan identification number 002

EMPLOYEE BENEFIT PLAN OF WICKHAM INDUSTRIES, INC. WICKHAM INDUSTRIES, 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

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

Company Name:WICKHAM INDUSTRIES, INC.
Employer identification number (EIN):480921209
NAIC Classification:238100

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-02-01LONNA BLACK2023-11-15
0022021-02-01LONNA BLACK2022-08-17
0022020-02-01LONNA BLACK2021-06-30
0022019-02-01
0022019-02-01
0022018-02-01
0022018-02-01
0022017-02-01LONNA BLACK2018-08-28 LONNA BLACK2018-08-28
0022016-02-01JASON HAMLIN2017-08-30
0022015-02-01DAVID WICKHAM2017-08-30 DAVID WICKHAM2017-08-30
0022015-02-01DAVID WICKHAM2016-07-26 DAVID WICKHAM2016-07-26
0022014-02-01DAVID WICKHAM2015-07-15 DAVID WICKHAM2015-07-15
0022013-02-01DAVID WICKHAM2014-08-11 DAVID WICKHAM2014-08-11
0022012-02-01DAVID WICKHAM2013-08-27 DAVID WICKHAM2013-08-27
0022011-02-01DAVID WICKHAM2012-10-25
0022010-02-01DAVID WICKHAM2011-07-28

Plan Statistics for EMPLOYEE BENEFIT PLAN OF WICKHAM INDUSTRIES, INC. WICKHAM INDUSTRIES, INC.

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

Measure Date Value
2019: EMPLOYEE BENEFIT PLAN OF WICKHAM INDUSTRIES, INC. WICKHAM INDUSTRIES, INC. 2019 401k membership
Total participants, beginning-of-year2019-02-01107
Total number of active participants reported on line 7a of the Form 55002019-02-0164
Number of retired or separated participants receiving benefits2019-02-010
Number of other retired or separated participants entitled to future benefits2019-02-0133
Total of all active and inactive participants2019-02-0197
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-02-010
Total participants2019-02-0197
Number of participants with account balances2019-02-0193
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-02-018
2018: EMPLOYEE BENEFIT PLAN OF WICKHAM INDUSTRIES, INC. WICKHAM INDUSTRIES, INC. 2018 401k membership
Total participants, beginning-of-year2018-02-01104
Total number of active participants reported on line 7a of the Form 55002018-02-0169
Number of retired or separated participants receiving benefits2018-02-010
Number of other retired or separated participants entitled to future benefits2018-02-0138
Total of all active and inactive participants2018-02-01107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-02-010
Total participants2018-02-01107
Number of participants with account balances2018-02-01105
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-02-019

Financial Data on EMPLOYEE BENEFIT PLAN OF WICKHAM INDUSTRIES, INC. WICKHAM INDUSTRIES, INC.

Measure Date Value
2020 : EMPLOYEE BENEFIT PLAN OF WICKHAM INDUSTRIES, INC. WICKHAM INDUSTRIES, INC. 2020 401k financial data
Transfers to/from the plan2020-01-31$0
Total plan liabilities at end of year2020-01-31$0
Total plan liabilities at beginning of year2020-01-31$0
Total income from all sources2020-01-31$780,282
Expenses. Total of all expenses incurred2020-01-31$238,084
Benefits paid (including direct rollovers)2020-01-31$212,890
Total plan assets at end of year2020-01-31$4,470,258
Total plan assets at beginning of year2020-01-31$3,928,060
Value of fidelity bond covering the plan2020-01-31$500,000
Total contributions received or receivable from participants2020-01-31$184,582
Expenses. Other expenses not covered elsewhere2020-01-31$25,194
Contributions received from other sources (not participants or employers)2020-01-31$52,478
Other income received2020-01-31$458,471
Net income (gross income less expenses)2020-01-31$542,198
Net plan assets at end of year (total assets less liabilities)2020-01-31$4,470,258
Net plan assets at beginning of year (total assets less liabilities)2020-01-31$3,928,060
Total contributions received or receivable from employer(s)2020-01-31$84,751
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-01-31$0
2019 : EMPLOYEE BENEFIT PLAN OF WICKHAM INDUSTRIES, INC. WICKHAM INDUSTRIES, INC. 2019 401k financial data
Transfers to/from the plan2019-01-31$0
Total plan liabilities at end of year2019-01-31$0
Total plan liabilities at beginning of year2019-01-31$0
Total income from all sources2019-01-31$165,415
Expenses. Total of all expenses incurred2019-01-31$117,949
Benefits paid (including direct rollovers)2019-01-31$74,000
Total plan assets at end of year2019-01-31$3,928,060
Total plan assets at beginning of year2019-01-31$3,880,594
Value of fidelity bond covering the plan2019-01-31$500,000
Total contributions received or receivable from participants2019-01-31$190,126
Expenses. Other expenses not covered elsewhere2019-01-31$43,949
Contributions received from other sources (not participants or employers)2019-01-31$7,456
Other income received2019-01-31$-128,725
Net income (gross income less expenses)2019-01-31$47,466
Net plan assets at end of year (total assets less liabilities)2019-01-31$3,928,060
Net plan assets at beginning of year (total assets less liabilities)2019-01-31$3,880,594
Assets. Value of participant loans2019-01-31$177,763
Total contributions received or receivable from employer(s)2019-01-31$96,558
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-01-31$0

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF WICKHAM INDUSTRIES, INC. WICKHAM INDUSTRIES, INC.

2019: EMPLOYEE BENEFIT PLAN OF WICKHAM INDUSTRIES, INC. WICKHAM INDUSTRIES, INC. 2019 form 5500 responses
2019-02-01Type of plan entitySingle employer plan
2019-02-01Submission has been amendedYes
2019-02-01This submission is the final filingNo
2019-02-01This return/report is a short plan year return/report (less than 12 months)No
2019-02-01Plan is a collectively bargained planNo
2019-02-01Plan funding arrangement – InsuranceYes
2019-02-01Plan benefit arrangement – InsuranceYes
2018: EMPLOYEE BENEFIT PLAN OF WICKHAM INDUSTRIES, INC. WICKHAM INDUSTRIES, INC. 2018 form 5500 responses
2018-02-01Type of plan entitySingle employer plan
2018-02-01Submission has been amendedNo
2018-02-01This submission is the final filingNo
2018-02-01This return/report is a short plan year return/report (less than 12 months)No
2018-02-01Plan is a collectively bargained planNo
2018-02-01Plan funding arrangement – InsuranceYes
2018-02-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number058167G
Policy instance 1
Insurance contract or identification number058167G
Number of Individuals Covered97
Insurance policy start date2019-02-01
Insurance policy end date2020-01-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $277
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees277
Additional information about fees paid to insurance brokerPORTION OF INCENTIVE COMP. PROGRAM
Insurance broker organization code?3

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