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Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01RICHARD OLIVER2024-04-30 RICHARD OLIVER2024-04-30
0012022-01-01RICHARD W. OLIVER, JR.2023-04-28 RICHARD W. OLIVER, JR.2023-04-28
0012021-01-01RICHARD W OLIVER JR2022-04-28 RICHARD W OLIVER JR2022-04-28
0012021-01-01RICHARD W OLIVER JR2022-04-28 RICHARD W OLIVER JR2022-04-28
0012021-01-01RICHARD W OLIVER JR2022-04-28 RICHARD W OLIVER JR2022-04-28
0012020-01-01RICHARD W. OLIVER, JR..2021-05-04 RICHARD W. OLIVER, JR..2021-05-04

Plan Statistics for

401k plan membership statisitcs for

Measure Date Value
2025: 2025 401k membership
Total number of particpants at beginning of year2025-04-296
Total number of particpants at end of year2025-04-296
Number of Participants With Account Balances2025-04-296
2024: 2024 401k membership
Total number of particpants at beginning of year2024-04-306
Total number of particpants at end of year2024-04-306
Number of Participants With Account Balances2024-04-306
2022: 2022 401k membership
Total number of particpants at beginning of year2022-04-286
Total number of particpants at end of year2022-04-286
Number of Participants With Account Balances2022-04-286

Financial Data on

Measure Date Value
2025 : 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-04-290
Total expenses incurred by plan in this plan year2025-04-2933484
Net assets as of the end of the plan year2025-04-293264792
Total assets as of the beginning of the plan year2025-04-292744922
Value of plan covered by a fidelity bond2025-04-29250000
Participant contributions to plan in this plan year2025-04-2939660
Other income to plan in this plan year2025-04-29493081
Plan net income in this plan year2025-04-29519870
Net assets as of the end of the plan year2025-04-293264792
Net assets as of the beginning of the plan year2025-04-292744922
Employer contributions to plan in this plan year2025-04-2920613
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-297559
2024 : 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-04-300
Total expenses incurred by plan in this plan year2024-04-306097
Net assets as of the end of the plan year2024-04-302744922
Total assets as of the beginning of the plan year2024-04-302301678
Value of plan covered by a fidelity bond2024-04-30250000
Participant contributions to plan in this plan year2024-04-3038160
Other income to plan in this plan year2024-04-30394729
Plan net income in this plan year2024-04-30443244
Net assets as of the end of the plan year2024-04-302744922
Net assets as of the beginning of the plan year2024-04-302301678
Employer contributions to plan in this plan year2024-04-3016452
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-306097
2022 : 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-04-280
Total expenses incurred by plan in this plan year2022-04-285997
Net assets as of the end of the plan year2022-04-282656932
Total assets as of the beginning of the plan year2022-04-282219661
Value of plan covered by a fidelity bond2022-04-28250000
Participant contributions to plan in this plan year2022-04-2834660
Other income to plan in this plan year2022-04-28390482
Plan net income in this plan year2022-04-28437271
Net assets as of the end of the plan year2022-04-282656932
Net assets as of the beginning of the plan year2022-04-282219661
Employer contributions to plan in this plan year2022-04-2818126
Expensese paid to adminstrative service provicers from plan in this plan year2022-04-285997

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