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SAFE-HARBOR 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF B.T.O. MANAGEMENT CORPORATION 401k Plan overview

Plan NameSAFE-HARBOR 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF B.T.O. MANAGEMENT CORPORATION
Plan identification number 001

SAFE-HARBOR 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF B.T.O. MANAGEMENT CORPORATION 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

B. T. O. MANAGEMENT CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:B. T. O. MANAGEMENT CORPORATION
Employer identification number (EIN):592071534
NAIC Classification:722300
NAIC Description: Special Food Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SAFE-HARBOR 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF B.T.O. MANAGEMENT CORPORATION

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01JOSH NORRIS2022-10-10
0012021-01-01JOSH NORRIS2022-10-10
0012020-01-01CRAIG PETERSON2021-06-25
0012019-01-01CRAIG PETERSON2020-06-30
0012018-01-01CRAIG PETERSON2019-07-19
0012017-01-01MARK BRINKMAN2018-06-29 MARK BRINKMAN2018-06-29
0012016-01-01MARK BRIKMAN2017-05-03 MARK BRINKMAN2017-05-03
0012015-01-01MARK BRINKMAN2016-05-19 MARK BRINKMAN2016-05-19
0012014-01-01MARK BRINKMAN2015-06-29 MARK BRINKMAN2015-06-29
0012013-01-01MARK BRINKMAN2014-07-18 MARK BRINKMAN2014-07-18
0012012-01-01MARK BRINKMAN2013-06-12 MARK BRINKMAN2013-06-12
0012011-01-01MARK BRINKMAN2012-05-30 MARK BRINKMAN2012-05-30
0012010-01-01MARK BRINKMAN2011-07-25 MARK BRINKMAN2011-07-25

Plan Statistics for SAFE-HARBOR 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF B.T.O. MANAGEMENT CORPORATION

401k plan membership statisitcs for SAFE-HARBOR 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF B.T.O. MANAGEMENT CORPORATION

Measure Date Value
2022: SAFE-HARBOR 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF B.T.O. MANAGEMENT CORPORATION 2022 401k membership
Total participants, beginning-of-year2022-01-0184
Total number of active participants reported on line 7a of the Form 55002022-01-0148
Number of other retired or separated participants entitled to future benefits2022-01-0136
Total of all active and inactive participants2022-01-0184
Total participants2022-01-0184
Number of participants with account balances2022-01-0183

Financial Data on SAFE-HARBOR 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF B.T.O. MANAGEMENT CORPORATION

Measure Date Value
2022 : SAFE-HARBOR 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF B.T.O. MANAGEMENT CORPORATION 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$-1,182,746
Expenses. Total of all expenses incurred2022-12-31$1,351,663
Benefits paid (including direct rollovers)2022-12-31$1,350,842
Total plan assets at end of year2022-12-31$6,080,403
Total plan assets at beginning of year2022-12-31$8,614,812
Value of fidelity bond covering the plan2022-12-31$500,000
Total contributions received or receivable from participants2022-12-31$213,769
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$56,285
Other income received2022-12-31$-1,558,212
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-2,534,409
Net plan assets at end of year (total assets less liabilities)2022-12-31$6,080,403
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$8,614,812
Assets. Value of participant loans2022-12-31$30,053
Total contributions received or receivable from employer(s)2022-12-31$105,412
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$821

Form 5500 Responses for SAFE-HARBOR 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF B.T.O. MANAGEMENT CORPORATION

2022: SAFE-HARBOR 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF B.T.O. MANAGEMENT CORPORATION 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

Potentially related plans

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