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EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC.
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX 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.
  • 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

KENT-SUSSEX INDUSTRIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:KENT-SUSSEX INDUSTRIES, INC.
Employer identification number (EIN):510097856
NAIC Classification:624100
NAIC Description: Individual and Family Services

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MARK DUFENDACH2024-10-09
0012022-01-01JAMES GREENWELL2023-10-13
0012021-01-01JAMES GREENWELL2022-10-10
0012021-01-01JAMES GREENWELL2022-10-10
0012020-01-01JAMES GREENWELL2021-04-26
0012019-01-01JAMES GREENWELL2020-07-27
0012018-01-01JAMES GREENWELL2019-07-05
0012017-01-01JAMES A GREENWELL2018-07-18
0012016-01-01JAMES A. GREENWELL2017-07-27 JAMES A GREENWELL2017-07-27
0012015-01-01JAMES GREENWELL2016-05-17
0012014-01-03JAMES GREENWELL2015-07-31 JAMES GREENWELL2015-07-31
0012013-01-01B. CRAIG CROUCH
0012012-01-01B. CRAIG CROUCH
0012011-01-01B. CRAIG CROUCH
0012010-01-01B. CRAIG CROUCH
0012009-01-01B. CRAIG CROUCH

Plan Statistics for EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC.

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC.

Measure Date Value
2025: EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2025 401k membership
Total number of particpants at beginning of year2025-08-0668
Total number of particpants at end of year2025-08-0667
Number of Participants With Account Balances2025-08-0662
Total number of particpants at beginning of year2025-07-1568
Total number of particpants at end of year2025-07-1567
Number of Participants With Account Balances2025-07-1562
2024: EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2024 401k membership
Total number of particpants at beginning of year2024-10-0962
Total number of particpants at end of year2024-10-0964
Number of Participants With Account Balances2024-10-0961
2022: EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2022 401k membership
Total number of particpants at beginning of year2022-10-1064
Total number of particpants at end of year2022-10-1053
Number of Participants With Account Balances2022-10-1053
2013: EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2013 401k membership
Total participants, beginning-of-year2013-01-01105
Total number of active participants reported on line 7a of the Form 55002013-01-0197
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0110
Total of all active and inactive participants2013-01-01107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01107
Number of participants with account balances2013-01-0156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-012
2012: EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2012 401k membership
Total participants, beginning-of-year2012-01-0184
Total number of active participants reported on line 7a of the Form 55002012-01-0195
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0110
Total of all active and inactive participants2012-01-01105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01105
Number of participants with account balances2012-01-0163
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-015
2011: EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2011 401k membership
Total participants, beginning-of-year2011-01-0189
Total number of active participants reported on line 7a of the Form 55002011-01-0178
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-016
Total of all active and inactive participants2011-01-0184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0184
Number of participants with account balances2011-01-0163
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2010 401k membership
Total participants, beginning-of-year2010-01-01100
Total number of active participants reported on line 7a of the Form 55002010-01-0184
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-015
Total of all active and inactive participants2010-01-0189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0189
Number of participants with account balances2010-01-0164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-011
2009: EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2009 401k membership
Total participants, beginning-of-year2009-01-0193
Total number of active participants reported on line 7a of the Form 55002009-01-0197
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-013
Total of all active and inactive participants2009-01-01100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01100
Number of participants with account balances2009-01-0168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0114

Financial Data on EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC.

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2025 401k financial data
Total transfers to/from plan in this plan year2025-08-060
Total liabilities as of the end of the plan year2025-08-060
Total liabilities as of the beginning of the plan year2025-08-060
Total expenses incurred by plan in this plan year2025-08-06366384
Net assets as of the end of the plan year2025-08-062247022
Total assets as of the beginning of the plan year2025-08-062090300
Value of plan covered by a fidelity bond2025-08-06300000
Participant contributions to plan in this plan year2025-08-06147567
Value of participant loans at end of plan year2025-08-0622809
Other expenses paid from plan in this plan year2025-08-060
Other contributions to plan in this plan year2025-08-0658235
Other income to plan in this plan year2025-08-06244871
Plan net income in this plan year2025-08-06156722
Net assets as of the end of the plan year2025-08-062247022
Net assets as of the beginning of the plan year2025-08-062090300
Employer contributions to plan in this plan year2025-08-0672433
Fees paid to broker by Benefit Provider2025-08-06511
Expensese paid to adminstrative service provicers from plan in this plan year2025-08-06583
Total transfers to/from plan in this plan year2025-07-150
Total liabilities as of the end of the plan year2025-07-150
Total liabilities as of the beginning of the plan year2025-07-150
Total expenses incurred by plan in this plan year2025-07-15366384
Net assets as of the end of the plan year2025-07-152247022
Total assets as of the beginning of the plan year2025-07-152090300
Value of plan covered by a fidelity bond2025-07-15300000
Participant contributions to plan in this plan year2025-07-15147567
Value of participant loans at end of plan year2025-07-1522809
Other expenses paid from plan in this plan year2025-07-150
Other contributions to plan in this plan year2025-07-1558235
Other income to plan in this plan year2025-07-15244871
Plan net income in this plan year2025-07-15156722
Net assets as of the end of the plan year2025-07-152247022
Net assets as of the beginning of the plan year2025-07-152090300
Employer contributions to plan in this plan year2025-07-1572433
Fees paid to broker by Benefit Provider2025-07-15511
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-15583
2024 : EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-090
Total liabilities as of the end of the plan year2024-10-090
Total liabilities as of the beginning of the plan year2024-10-090
Total expenses incurred by plan in this plan year2024-10-09582248
Net assets as of the end of the plan year2024-10-092090299
Total assets as of the beginning of the plan year2024-10-092164262
Value of plan covered by a fidelity bond2024-10-09300000
Participant contributions to plan in this plan year2024-10-09131380
Value of participant loans at end of plan year2024-10-095832
Other expenses paid from plan in this plan year2024-10-090
Other contributions to plan in this plan year2024-10-0928639
Other income to plan in this plan year2024-10-09285370
Plan net income in this plan year2024-10-09-73963
Net assets as of the end of the plan year2024-10-092090299
Net assets as of the beginning of the plan year2024-10-092164262
Employer contributions to plan in this plan year2024-10-0962896
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-09294
2022 : EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2022 401k financial data
Total transfers to/from plan in this plan year2022-10-100
Total liabilities as of the end of the plan year2022-10-100
Total liabilities as of the beginning of the plan year2022-10-100
Total expenses incurred by plan in this plan year2022-10-10157065
Net assets as of the end of the plan year2022-10-102945031
Total assets as of the beginning of the plan year2022-10-102589857
Value of plan covered by a fidelity bond2022-10-10300000
Participant contributions to plan in this plan year2022-10-1097713
Value of participant loans at end of plan year2022-10-1039856
Other expenses paid from plan in this plan year2022-10-10606
Other contributions to plan in this plan year2022-10-102651
Other income to plan in this plan year2022-10-10354208
Plan net income in this plan year2022-10-10355174
Net assets as of the end of the plan year2022-10-102945031
Net assets as of the beginning of the plan year2022-10-102589857
Employer contributions to plan in this plan year2022-10-1057667
Fees paid to broker by Benefit Provider2022-10-101052
2013 : EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2013 401k financial data
Total income from all sources2013-12-31$352,020
Expenses. Total of all expenses incurred2013-12-31$149,158
Benefits paid (including direct rollovers)2013-12-31$125,815
Total plan assets at end of year2013-12-31$1,681,355
Total plan assets at beginning of year2013-12-31$1,478,493
Value of fidelity bond covering the plan2013-12-31$300,000
Total contributions received or receivable from participants2013-12-31$61,373
Contributions received from other sources (not participants or employers)2013-12-31$245,662
Net income (gross income less expenses)2013-12-31$202,862
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,681,355
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,478,493
Assets. Value of participant loans2013-12-31$46,213
Total contributions received or receivable from employer(s)2013-12-31$44,985
Value of certain deemed distributions of participant loans2013-12-31$6,894
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$16,449
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2012 401k financial data
Total income from all sources2012-12-31$217,174
Expenses. Total of all expenses incurred2012-12-31$181,179
Benefits paid (including direct rollovers)2012-12-31$156,349
Total plan assets at end of year2012-12-31$1,478,493
Total plan assets at beginning of year2012-12-31$1,442,498
Value of fidelity bond covering the plan2012-12-31$300,000
Total contributions received or receivable from participants2012-12-31$62,313
Other income received2012-12-31$154,861
Net income (gross income less expenses)2012-12-31$35,995
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,478,493
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,442,498
Assets. Value of participant loans2012-12-31$53,599
Value of corrective distributions2012-12-31$11,531
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$13,299
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2011 401k financial data
Total income from all sources2011-12-31$76,227
Expenses. Total of all expenses incurred2011-12-31$225,971
Benefits paid (including direct rollovers)2011-12-31$210,582
Total plan assets at end of year2011-12-31$1,442,498
Total plan assets at beginning of year2011-12-31$1,592,242
Value of fidelity bond covering the plan2011-12-31$300,000
Total contributions received or receivable from participants2011-12-31$75,406
Other income received2011-12-31$-62,541
Net income (gross income less expenses)2011-12-31$-149,744
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,442,498
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,592,242
Assets. Value of participant loans2011-12-31$77,266
Total contributions received or receivable from employer(s)2011-12-31$63,362
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$15,389
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2010 401k financial data
Total income from all sources2010-12-31$322,955
Expenses. Total of all expenses incurred2010-12-31$34,949
Benefits paid (including direct rollovers)2010-12-31$23,468
Total plan assets at end of year2010-12-31$1,592,242
Total plan assets at beginning of year2010-12-31$1,304,236
Value of fidelity bond covering the plan2010-12-31$300,000
Total contributions received or receivable from participants2010-12-31$103,526
Other income received2010-12-31$159,486
Net income (gross income less expenses)2010-12-31$288,006
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,592,242
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,304,236
Assets. Value of participant loans2010-12-31$55,676
Total contributions received or receivable from employer(s)2010-12-31$59,943
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$11,481
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC.

2013: EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: EMPLOYEE BENEFIT PLAN OF KENT-SUSSEX INDUSTRIES, INC. 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number600136-000
Policy instance 1
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number600136-000
Policy instance 1
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number600136-000
Policy instance 1

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