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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
0012023-01-01QUINTIN GOFFE2024-04-25
0012022-01-01QUINTON GOFFE2023-07-13
0012021-01-01QUINTON GOFFE2022-10-10
0012020-01-01

Plan Statistics for

401k plan membership statisitcs for

Measure Date Value
2025: 2025 401k membership
Total number of particpants at beginning of year2025-07-2110
Total number of particpants at end of year2025-07-219
Number of Participants With Account Balances2025-07-215
2024: 2024 401k membership
Total number of particpants at beginning of year2024-04-2512
Total number of particpants at end of year2024-04-2510
Number of Participants With Account Balances2024-04-256
2022: 2022 401k membership
Total number of particpants at beginning of year2022-10-1012
Total number of particpants at end of year2022-10-1011
Number of Participants With Account Balances2022-10-107

Financial Data on

Measure Date Value
2025 : 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-210
Total liabilities as of the end of the plan year2025-07-210
Total expenses incurred by plan in this plan year2025-07-2123405
Net assets as of the end of the plan year2025-07-21233718
Total assets as of the beginning of the plan year2025-07-21184918
Value of plan covered by a fidelity bond2025-07-2118492
Participant contributions to plan in this plan year2025-07-2135764
Other expenses paid from plan in this plan year2025-07-210
Other contributions to plan in this plan year2025-07-210
Other income to plan in this plan year2025-07-2125435
Plan net income in this plan year2025-07-2148800
Net assets as of the end of the plan year2025-07-21233718
Net assets as of the beginning of the plan year2025-07-21184918
Employer contributions to plan in this plan year2025-07-2111006
Fees paid to broker by Benefit Provider2025-07-215
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-211959
2024 : 2024 401k financial data
Total expenses incurred by plan in this plan year2024-04-2514012
Net assets as of the end of the plan year2024-04-25184918
Total assets as of the beginning of the plan year2024-04-25125250
Value of plan covered by a fidelity bond2024-04-2512525
Participant contributions to plan in this plan year2024-04-2536141
Other expenses paid from plan in this plan year2024-04-250
Other contributions to plan in this plan year2024-04-250
Other income to plan in this plan year2024-04-2526218
Plan net income in this plan year2024-04-2559668
Net assets as of the end of the plan year2024-04-25184918
Net assets as of the beginning of the plan year2024-04-25125250
Employer contributions to plan in this plan year2024-04-2511321
Fees paid to broker by Benefit Provider2024-04-254
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-251355
2022 : 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-10712
Net assets as of the end of the plan year2022-10-10102425
Total assets as of the beginning of the plan year2022-10-1062688
Value of plan covered by a fidelity bond2022-10-1010000
Participant contributions to plan in this plan year2022-10-1016152
Other income to plan in this plan year2022-10-1012055
Plan net income in this plan year2022-10-1039737
Net assets as of the end of the plan year2022-10-10102425
Net assets as of the beginning of the plan year2022-10-1062688
Employer contributions to plan in this plan year2022-10-1012242
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-10712

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