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RICHARD M. SKORBURG INTERESTS, INC. 401(K) PLAN 401k Plan overview

Plan NameRICHARD M. SKORBURG INTERESTS, INC. 401(K) PLAN
Plan identification number 001

RICHARD M. SKORBURG INTERESTS, INC. 401(K) PLAN 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

RICHARD M. SKORBURG INTERESTS, INC. has sponsored the creation of one or more 401k plans.

Company Name:RICHARD M. SKORBURG INTERESTS, INC.
Employer identification number (EIN):751842333
NAIC Classification:236110

Additional information about RICHARD M. SKORBURG INTERESTS, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 1982-08-24
Company Identification Number: 0061981500
Legal Registered Office Address: 8214 WESTCHESTER DR STE 900

DALLAS
United States of America (USA)
75225

More information about RICHARD M. SKORBURG INTERESTS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RICHARD M. SKORBURG INTERESTS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01NICK RICE2024-08-12
0012022-01-01RYAN HARRIS2023-07-25 RYAN HARRIS2023-07-25
0012021-01-01RYAN HARRIS2022-09-28 KATHLEEN BERNS2022-09-28
0012020-01-01RYAN HARRIS2021-06-17 RYAN HARRIS2021-06-17
0012019-01-01RYAN HARRIS2020-05-28
0012018-01-01RYAN HARRIS2019-07-16 RYAN HARRIS2019-07-16
0012017-01-01RYAN HARRIS2018-10-02 RYAN HARRIS2018-10-02
0012017-01-01RYAN HARRIS2018-09-28 RYAN HARRIS2018-09-28
0012016-01-01RYAN HARRIS2018-08-15 RYAN HARRIS2018-08-15
0012015-02-01RYAN HARRIS2016-07-12 RYAN HARRIS2016-07-12
0012009-01-01ADAM BUCZEK

Plan Statistics for RICHARD M. SKORBURG INTERESTS, INC. 401(K) PLAN

401k plan membership statisitcs for RICHARD M. SKORBURG INTERESTS, INC. 401(K) PLAN

Measure Date Value
2025: RICHARD M. SKORBURG INTERESTS, INC. 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-06-3067
Total number of particpants at end of year2025-06-3066
Number of Participants With Account Balances2025-06-3057
2024: RICHARD M. SKORBURG INTERESTS, INC. 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-08-1259
Total number of particpants at end of year2024-08-1267
Number of Participants With Account Balances2024-08-1249
2009: RICHARD M. SKORBURG INTERESTS, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-017
Total number of active participants reported on line 7a of the Form 55002009-01-010
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-010
Number of participants with account balances2009-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on RICHARD M. SKORBURG INTERESTS, INC. 401(K) PLAN

Measure Date Value
2025 : RICHARD M. SKORBURG INTERESTS, INC. 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-3092161
Net assets as of the end of the plan year2025-06-302381453
Total assets as of the beginning of the plan year2025-06-301715450
Value of plan covered by a fidelity bond2025-06-30172000
Participant contributions to plan in this plan year2025-06-30407974
Value of participant loans at end of plan year2025-06-3045972
Other contributions to plan in this plan year2025-06-3014953
Other income to plan in this plan year2025-06-30278833
Plan net income in this plan year2025-06-30666003
Net assets as of the end of the plan year2025-06-302381453
Net assets as of the beginning of the plan year2025-06-301715450
Employer contributions to plan in this plan year2025-06-3056404
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-30830
2024 : RICHARD M. SKORBURG INTERESTS, INC. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-08-12175521
Net assets as of the end of the plan year2024-08-121715450
Total assets as of the beginning of the plan year2024-08-121305443
Value of plan covered by a fidelity bond2024-08-121000
Participant contributions to plan in this plan year2024-08-12274432
Value of participant loans at end of plan year2024-08-122725
Other income to plan in this plan year2024-08-12253756
Plan net income in this plan year2024-08-12410007
Net assets as of the end of the plan year2024-08-121715450
Net assets as of the beginning of the plan year2024-08-121305443
Employer contributions to plan in this plan year2024-08-1257340
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-127826
2009 : RICHARD M. SKORBURG INTERESTS, INC. 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for RICHARD M. SKORBURG INTERESTS, INC. 401(K) PLAN

2009: RICHARD M. SKORBURG INTERESTS, INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingYes
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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