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W. H. BASS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameW. H. BASS, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 002

W. H. BASS, INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Stock bonus
  • Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
  • The employer maintaining this ESOP is an S Corporation
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

W. H. BASS, INC. has sponsored the creation of one or more 401k plans.

Company Name:W. H. BASS, INC.
Employer identification number (EIN):581579409
NAIC Classification:236200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan W. H. BASS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01

Plan Statistics for W. H. BASS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for W. H. BASS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022: W. H. BASS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0171
Total number of active participants reported on line 7a of the Form 55002022-01-0158
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0112
Total of all active and inactive participants2022-01-0170
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-011
Total participants2022-01-0171
Number of participants with account balances2022-01-0171
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0110
2021: W. H. BASS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0173
Total number of active participants reported on line 7a of the Form 55002021-01-0164
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-014
Total of all active and inactive participants2021-01-0168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0168
Number of participants with account balances2021-01-0168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-013
2020: W. H. BASS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0174
Total number of active participants reported on line 7a of the Form 55002020-01-0159
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-019
Total of all active and inactive participants2020-01-0168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0168
Number of participants with account balances2020-01-0168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-019

Financial Data on W. H. BASS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022 : W. H. BASS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Total plan liabilities at end of year2022-12-31$18,898,146
Total plan liabilities at beginning of year2022-12-31$19,135,644
Total income from all sources2022-12-31$1,232,224
Expenses. Total of all expenses incurred2022-12-31$567,916
Benefits paid (including direct rollovers)2022-12-31$7,215
Total plan assets at end of year2022-12-31$9,236,730
Total plan assets at beginning of year2022-12-31$8,809,920
Value of fidelity bond covering the plan2022-12-31$1,000,000
Expenses. Other expenses not covered elsewhere2022-12-31$560,701
Other income received2022-12-31$419,520
Net income (gross income less expenses)2022-12-31$664,308
Net plan assets at end of year (total assets less liabilities)2022-12-31$-9,661,416
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$-10,325,724
Assets. Value of employer securities2022-12-31$9,229,440
Total contributions received or receivable from employer(s)2022-12-31$812,704
2021 : W. H. BASS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Total plan liabilities at end of year2021-12-31$19,135,644
Total plan liabilities at beginning of year2021-12-31$19,366,381
Total income from all sources2021-12-31$841,021
Expenses. Total of all expenses incurred2021-12-31$584,064
Benefits paid (including direct rollovers)2021-12-31$16,602
Total plan assets at end of year2021-12-31$8,809,920
Total plan assets at beginning of year2021-12-31$8,783,700
Value of fidelity bond covering the plan2021-12-31$1,000,000
Expenses. Other expenses not covered elsewhere2021-12-31$567,462
Other income received2021-12-31$26,221
Net income (gross income less expenses)2021-12-31$256,957
Net plan assets at end of year (total assets less liabilities)2021-12-31$-10,325,724
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$-10,582,681
Assets. Value of employer securities2021-12-31$8,809,920
Total contributions received or receivable from employer(s)2021-12-31$814,800
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
2020 : W. H. BASS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Total plan liabilities at end of year2020-12-31$19,366,381
Total plan liabilities at beginning of year2020-12-31$19,589,022
Total income from all sources2020-12-31$3,845,474
Expenses. Total of all expenses incurred2020-12-31$581,313
Benefits paid (including direct rollovers)2020-12-31$5,755
Total plan assets at end of year2020-12-31$8,783,700
Total plan assets at beginning of year2020-12-31$5,742,180
Value of fidelity bond covering the plan2020-12-31$1,000,000
Expenses. Other expenses not covered elsewhere2020-12-31$575,558
Other income received2020-12-31$3,041,521
Net income (gross income less expenses)2020-12-31$3,264,161
Net plan assets at end of year (total assets less liabilities)2020-12-31$-10,582,681
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$-13,846,842
Assets. Value of employer securities2020-12-31$8,783,700
Total contributions received or receivable from employer(s)2020-12-31$803,953
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0

Form 5500 Responses for W. H. BASS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

2022: W. H. BASS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: W. H. BASS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: W. H. BASS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes

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