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DAVID J. GIANNONE, INC. 401k Plan overview

Plan NameDAVID J. GIANNONE, INC.
Plan identification number 001

DAVID J. GIANNONE, 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

DAVID J. GANNONE, INC. has sponsored the creation of one or more 401k plans.

Company Name:DAVID J. GANNONE, INC.
Employer identification number (EIN):592693682
NAIC Classification:441222
NAIC Description:Boat Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DAVID J. GIANNONE, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01NICK RICE2024-06-20
0012022-01-01SHIRLEY HORNER2023-07-28
0012021-01-01NICK RICE2022-09-21
0012020-01-01SHIRLEY HORNER2021-08-14
0012018-01-01KEVIN ZIMBRICK2019-08-02
0012017-01-01KEVIN ZIMBRICK2018-06-19
0012016-01-01KEVIN ZIMBRICK2017-05-26

Plan Statistics for DAVID J. GIANNONE, INC.

401k plan membership statisitcs for DAVID J. GIANNONE, INC.

Measure Date Value
2025: DAVID J. GIANNONE, INC. 2025 401k membership
Total number of particpants at beginning of year2025-06-1333
Total number of particpants at end of year2025-06-1334
Number of Participants With Account Balances2025-06-1330
2024: DAVID J. GIANNONE, INC. 2024 401k membership
Total number of particpants at beginning of year2024-06-2030
Total number of particpants at end of year2024-06-2033
Number of Participants With Account Balances2024-06-2030
2022: DAVID J. GIANNONE, INC. 2022 401k membership
Total number of particpants at beginning of year2022-09-2124
Total number of particpants at end of year2022-09-2128
Number of Participants With Account Balances2022-09-218

Financial Data on DAVID J. GIANNONE, INC.

Measure Date Value
2025 : DAVID J. GIANNONE, INC. 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-1314899
Net assets as of the end of the plan year2025-06-13200514
Total assets as of the beginning of the plan year2025-06-13158878
Value of plan covered by a fidelity bond2025-06-1316000
Participant contributions to plan in this plan year2025-06-1339044
Value of participant loans at end of plan year2025-06-132823
Other income to plan in this plan year2025-06-1317491
Plan net income in this plan year2025-06-1341636
Net assets as of the end of the plan year2025-06-13200514
Net assets as of the beginning of the plan year2025-06-13158878
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-13345
2024 : DAVID J. GIANNONE, INC. 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-2016354
Net assets as of the end of the plan year2024-06-20158878
Total assets as of the beginning of the plan year2024-06-20116717
Value of plan covered by a fidelity bond2024-06-2012000
Participant contributions to plan in this plan year2024-06-2038224
Value of participant loans at end of plan year2024-06-203942
Other income to plan in this plan year2024-06-2020291
Plan net income in this plan year2024-06-2042161
Net assets as of the end of the plan year2024-06-20158878
Net assets as of the beginning of the plan year2024-06-20116717
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-20430
2022 : DAVID J. GIANNONE, INC. 2022 401k financial data
Total expenses incurred by plan in this plan year2022-09-2112864
Net assets as of the end of the plan year2022-09-2193637
Total assets as of the beginning of the plan year2022-09-2178452
Value of plan covered by a fidelity bond2022-09-218000
Participant contributions to plan in this plan year2022-09-2113972
Value of participant loans at end of plan year2022-09-21668
Other income to plan in this plan year2022-09-2114077
Plan net income in this plan year2022-09-2115185
Net assets as of the end of the plan year2022-09-2193637
Net assets as of the beginning of the plan year2022-09-2178452
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-21150

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