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THE JACK OLSTA CO. RETIREMENT PLAN 401k Plan overview

Plan NameTHE JACK OLSTA CO. RETIREMENT PLAN
Plan identification number 003

THE JACK OLSTA CO. RETIREMENT 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.
  • 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

THE JACK OLSTA CO. has sponsored the creation of one or more 401k plans.

Company Name:THE JACK OLSTA CO.
Employer identification number (EIN):760230964
NAIC Classification:453990

Additional information about THE JACK OLSTA CO.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 1987-10-02
Company Identification Number: 0106401600
Legal Registered Office Address: PO BOX 8668

HUNTSVILLE
United States of America (USA)
77340

More information about THE JACK OLSTA CO.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE JACK OLSTA CO. RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01JOHN OLSTA2023-10-10
0032021-01-01
0032021-01-01
0032020-01-01
0032019-01-01
0032018-01-01
0032017-01-01
0032016-01-01
0032015-01-01JOHN E. OLSTA JR.
0032014-01-01JOHN E. OLSTA JR.
0032013-01-01JOHN E. OLSTA JR.
0032012-01-01JOHN E OLSTA JR JOHN E OLSTA JR2013-07-16
0032011-01-01JOHN E OLSTA JR
0032009-01-01JOHN E OLSTA JR JOHN E OLSTA JR2010-05-17

Plan Statistics for THE JACK OLSTA CO. RETIREMENT PLAN

401k plan membership statisitcs for THE JACK OLSTA CO. RETIREMENT PLAN

Measure Date Value
2015: THE JACK OLSTA CO. RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0160
Total number of active participants reported on line 7a of the Form 55002015-01-0143
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0125
Total of all active and inactive participants2015-01-0168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0168
Number of participants with account balances2015-01-0158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-011
2014: THE JACK OLSTA CO. RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0151
Total number of active participants reported on line 7a of the Form 55002014-01-0140
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0120
Total of all active and inactive participants2014-01-0160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0160
Number of participants with account balances2014-01-0153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-012
2013: THE JACK OLSTA CO. RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0145
Total number of active participants reported on line 7a of the Form 55002013-01-0134
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0117
Total of all active and inactive participants2013-01-0151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0151
Number of participants with account balances2013-01-0146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-012
2012: THE JACK OLSTA CO. RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0143
Total number of active participants reported on line 7a of the Form 55002012-01-0131
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0114
Total of all active and inactive participants2012-01-0145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0145
Number of participants with account balances2012-01-0141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-011
2011: THE JACK OLSTA CO. RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0137
Total number of active participants reported on line 7a of the Form 55002011-01-0126
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0117
Total of all active and inactive participants2011-01-0143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0143
Number of participants with account balances2011-01-0139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: THE JACK OLSTA CO. RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0131
Total number of active participants reported on line 7a of the Form 55002009-01-0125
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-018
Total of all active and inactive participants2009-01-0133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0133
Number of participants with account balances2009-01-0132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on THE JACK OLSTA CO. RETIREMENT PLAN

Measure Date Value
2015 : THE JACK OLSTA CO. RETIREMENT PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$498,970
Expenses. Total of all expenses incurred2015-12-31$82,085
Benefits paid (including direct rollovers)2015-12-31$80,755
Total plan assets at end of year2015-12-31$4,546,734
Total plan assets at beginning of year2015-12-31$4,129,849
Value of fidelity bond covering the plan2015-12-31$450,000
Total contributions received or receivable from participants2015-12-31$196,404
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$18,357
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$416,885
Net plan assets at end of year (total assets less liabilities)2015-12-31$4,546,734
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$4,129,849
Assets. Value of participant loans2015-12-31$95,129
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022015-12-31$0
Total contributions received or receivable from employer(s)2015-12-31$284,209
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$1,330
2014 : THE JACK OLSTA CO. RETIREMENT PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$543,971
Expenses. Total of all expenses incurred2014-12-31$64,392
Benefits paid (including direct rollovers)2014-12-31$63,102
Total plan assets at end of year2014-12-31$4,129,849
Total plan assets at beginning of year2014-12-31$3,650,270
Value of fidelity bond covering the plan2014-12-31$375,000
Total contributions received or receivable from participants2014-12-31$91,298
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$97
Other income received2014-12-31$188,543
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$479,579
Net plan assets at end of year (total assets less liabilities)2014-12-31$4,129,849
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$3,650,270
Assets. Value of participant loans2014-12-31$103,531
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022014-12-31$0
Total contributions received or receivable from employer(s)2014-12-31$264,033
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$1,290
2013 : THE JACK OLSTA CO. RETIREMENT PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$873,202
Expenses. Total of all expenses incurred2013-12-31$2,485
Benefits paid (including direct rollovers)2013-12-31$1,230
Total plan assets at end of year2013-12-31$3,650,270
Total plan assets at beginning of year2013-12-31$2,779,553
Value of fidelity bond covering the plan2013-12-31$350,000
Total contributions received or receivable from participants2013-12-31$157,309
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$484,702
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$870,717
Net plan assets at end of year (total assets less liabilities)2013-12-31$3,650,270
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$2,779,553
Assets. Value of participant loans2013-12-31$104,186
Total contributions received or receivable from employer(s)2013-12-31$231,191
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$1,255
2012 : THE JACK OLSTA CO. RETIREMENT PLAN 2012 401k financial data
Total income from all sources2012-12-31$596,701
Expenses. Total of all expenses incurred2012-12-31$351,933
Benefits paid (including direct rollovers)2012-12-31$346,888
Total plan assets at end of year2012-12-31$2,779,553
Total plan assets at beginning of year2012-12-31$2,534,785
Value of fidelity bond covering the plan2012-12-31$350,000
Total contributions received or receivable from participants2012-12-31$85,745
Contributions received from other sources (not participants or employers)2012-12-31$10,738
Other income received2012-12-31$308,802
Net income (gross income less expenses)2012-12-31$244,768
Net plan assets at end of year (total assets less liabilities)2012-12-31$2,779,553
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$2,534,785
Assets. Value of participant loans2012-12-31$39,794
Total contributions received or receivable from employer(s)2012-12-31$191,416
Value of certain deemed distributions of participant loans2012-12-31$3,570
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$1,475
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : THE JACK OLSTA CO. RETIREMENT PLAN 2011 401k financial data
Total income from all sources2011-12-31$252,189
Expenses. Total of all expenses incurred2011-12-31$10,401
Benefits paid (including direct rollovers)2011-12-31$9,246
Total plan assets at end of year2011-12-31$2,534,785
Total plan assets at beginning of year2011-12-31$2,292,997
Value of fidelity bond covering the plan2011-12-31$250,000
Total contributions received or receivable from participants2011-12-31$131,302
Contributions received from other sources (not participants or employers)2011-12-31$6,593
Other income received2011-12-31$-71,693
Net income (gross income less expenses)2011-12-31$241,788
Net plan assets at end of year (total assets less liabilities)2011-12-31$2,534,785
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$2,292,997
Assets. Value of participant loans2011-12-31$37,036
Total contributions received or receivable from employer(s)2011-12-31$185,987
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$1,155
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : THE JACK OLSTA CO. RETIREMENT PLAN 2010 401k financial data
Total income from all sources2010-12-31$387,687
Expenses. Total of all expenses incurred2010-12-31$57,223
Benefits paid (including direct rollovers)2010-12-31$55,943
Total plan assets at end of year2010-12-31$2,292,997
Total plan assets at beginning of year2010-12-31$1,962,533
Value of fidelity bond covering the plan2010-12-31$250,000
Total contributions received or receivable from participants2010-12-31$46,153
Other income received2010-12-31$261,591
Net income (gross income less expenses)2010-12-31$330,464
Net plan assets at end of year (total assets less liabilities)2010-12-31$2,292,997
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,962,533
Assets. Value of participant loans2010-12-31$36,614
Total contributions received or receivable from employer(s)2010-12-31$79,943
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$1,280
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : THE JACK OLSTA CO. RETIREMENT 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 THE JACK OLSTA CO. RETIREMENT PLAN

2015: THE JACK OLSTA CO. RETIREMENT PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: THE JACK OLSTA CO. RETIREMENT PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: THE JACK OLSTA CO. RETIREMENT PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THE JACK OLSTA CO. RETIREMENT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THE JACK OLSTA CO. RETIREMENT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: THE JACK OLSTA CO. RETIREMENT 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 filingNo
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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