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EMPLOYEE BENEFIT PLAN OF OVERHEAD DOOR COMPANY OF RALEIGH, INC. 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF OVERHEAD DOOR COMPANY OF RALEIGH, INC.
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF OVERHEAD DOOR COMPANY OF RALEIGH, 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

OVERHEAD DOOR COMPANY OF RALEIGH, I NC. has sponsored the creation of one or more 401k plans.

Company Name:OVERHEAD DOOR COMPANY OF RALEIGH, I NC.
Employer identification number (EIN):560634491
NAIC Classification:238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF OVERHEAD DOOR COMPANY OF RALEIGH, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01THOMAS WOLFE2024-08-01
0012022-01-01THOMAS WOLFE2023-10-12
0012021-01-01THOMAS WOLFE2022-06-23
0012020-01-01THOMAS WOLFE2021-05-19
0012018-01-01THOMAS WOLFE2019-07-09
0012017-01-01THOMAS WOLFE2018-07-10
0012016-01-01THOMAS WOLFE2017-07-12
0012013-01-01THOMAS F. WOLFE2014-06-20 THOMAS F. WOLFE2014-06-20
0012012-01-01THOMAS F. WOLFE2013-07-09 THOMAS F. WOLFE2013-07-09
0012011-01-01THOMAS F. WOLFE2012-07-11 THOMAS F. WOLFE2012-07-11
0012010-01-01THOMAS F. WOLFE2011-07-26 THOMAS F. WOLFE2011-07-26

Plan Statistics for EMPLOYEE BENEFIT PLAN OF OVERHEAD DOOR COMPANY OF RALEIGH, INC.

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF OVERHEAD DOOR COMPANY OF RALEIGH, INC.

Measure Date Value
2025: EMPLOYEE BENEFIT PLAN OF OVERHEAD DOOR COMPANY OF RALEIGH, INC. 2025 401k membership
Total number of particpants at beginning of year2025-05-2427
Total number of particpants at end of year2025-05-2427
Number of Participants With Account Balances2025-05-246
2024: EMPLOYEE BENEFIT PLAN OF OVERHEAD DOOR COMPANY OF RALEIGH, INC. 2024 401k membership
Total number of particpants at beginning of year2024-08-0124
Total number of particpants at end of year2024-08-0127
Number of Participants With Account Balances2024-08-016
2022: EMPLOYEE BENEFIT PLAN OF OVERHEAD DOOR COMPANY OF RALEIGH, INC. 2022 401k membership
Total number of particpants at beginning of year2022-06-2323
Total number of particpants at end of year2022-06-2320
Number of Participants With Account Balances2022-06-239

Financial Data on EMPLOYEE BENEFIT PLAN OF OVERHEAD DOOR COMPANY OF RALEIGH, INC.

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF OVERHEAD DOOR COMPANY OF RALEIGH, INC. 2025 401k financial data
Total liabilities as of the end of the plan year2025-05-240
Total liabilities as of the beginning of the plan year2025-05-240
Total expenses incurred by plan in this plan year2025-05-2412195
Net assets as of the end of the plan year2025-05-24349197
Total assets as of the beginning of the plan year2025-05-24311952
Value of plan covered by a fidelity bond2025-05-24250000
Participant contributions to plan in this plan year2025-05-2410751
Other income to plan in this plan year2025-05-2438689
Plan net income in this plan year2025-05-2437245
Net assets as of the end of the plan year2025-05-24349197
Net assets as of the beginning of the plan year2025-05-24311952
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-2411929
2024 : EMPLOYEE BENEFIT PLAN OF OVERHEAD DOOR COMPANY OF RALEIGH, INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-08-010
Total liabilities as of the end of the plan year2024-08-010
Total liabilities as of the beginning of the plan year2024-08-010
Total expenses incurred by plan in this plan year2024-08-0113510
Net assets as of the end of the plan year2024-08-01311952
Total assets as of the beginning of the plan year2024-08-01273431
Value of plan covered by a fidelity bond2024-08-01250000
Participant contributions to plan in this plan year2024-08-0110570
Other expenses paid from plan in this plan year2024-08-010
Other contributions to plan in this plan year2024-08-010
Other income to plan in this plan year2024-08-0141461
Plan net income in this plan year2024-08-0138521
Net assets as of the end of the plan year2024-08-01311952
Net assets as of the beginning of the plan year2024-08-01273431
Employer contributions to plan in this plan year2024-08-010
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-014889
2022 : EMPLOYEE BENEFIT PLAN OF OVERHEAD DOOR COMPANY OF RALEIGH, INC. 2022 401k financial data
Total transfers to/from plan in this plan year2022-06-230
Total liabilities as of the end of the plan year2022-06-230
Total liabilities as of the beginning of the plan year2022-06-230
Total expenses incurred by plan in this plan year2022-06-234174
Net assets as of the end of the plan year2022-06-23439994
Total assets as of the beginning of the plan year2022-06-23387208
Value of plan covered by a fidelity bond2022-06-23250000
Participant contributions to plan in this plan year2022-06-2310430
Other expenses paid from plan in this plan year2022-06-230
Other contributions to plan in this plan year2022-06-230
Other income to plan in this plan year2022-06-2346530
Plan net income in this plan year2022-06-2352786
Net assets as of the end of the plan year2022-06-23439994
Net assets as of the beginning of the plan year2022-06-23387208
Employer contributions to plan in this plan year2022-06-230
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-233953

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