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T & K FARMS, INC. 401K PROFIT SHARING PLAN 401k Plan overview

Plan NameT & K FARMS, INC. 401K PROFIT SHARING PLAN
Plan identification number 001

T & K FARMS, INC. 401K PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

T & K FARMS, INC. has sponsored the creation of one or more 401k plans.

Company Name:T & K FARMS, INC.
Employer identification number (EIN):820245638
NAIC Classification:111210
NAIC Description:Vegetable and Melon Farming

Form 5500 Filing Information

Submission information for form 5500 for 401k plan T & K FARMS, INC. 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01KEVIN MIYASAKO2024-02-19
0012022-01-01KEVIN MIYASAKO2023-04-26
0012021-01-01
0012021-01-01KEVIN MIYASAKO
0012020-01-01
0012019-01-01
0012018-01-01KEVIN MIYASAKO
0012017-01-01KEVIN MIYASAKO
0012016-01-01KEVIN MIYASAKO
0012015-01-01KEVIN MIYASAKO
0012014-01-01KEVIN MIYASAKO
0012013-01-01KEVIN MIYASAKO
0012012-01-01KEVIN MIYASAKO
0012011-01-01KEVIN MIYASAKO
0012010-01-01KEVIN MIYASAKO
0012009-01-01KEVIN MIYASAKO KEVIN MIYASAKO2010-09-10

Financial Data on T & K FARMS, INC. 401K PROFIT SHARING PLAN

Measure Date Value
2025 : T & K FARMS, INC. 401K PROFIT SHARING PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-08-210
Total liabilities as of the end of the plan year2025-08-210
Total liabilities as of the beginning of the plan year2025-08-210
Total expenses incurred by plan in this plan year2025-08-2194388
Net assets as of the end of the plan year2025-08-216450763
Total assets as of the beginning of the plan year2025-08-215802848
Value of plan covered by a fidelity bond2025-08-21500000
Participant contributions to plan in this plan year2025-08-21205214
Other expenses paid from plan in this plan year2025-08-2184473
Other contributions to plan in this plan year2025-08-210
Other income to plan in this plan year2025-08-21468215
Plan net income in this plan year2025-08-21647915
Net assets as of the end of the plan year2025-08-216450763
Net assets as of the beginning of the plan year2025-08-215802848
Employer contributions to plan in this plan year2025-08-2168874
Expensese paid to adminstrative service provicers from plan in this plan year2025-08-210
2024 : T & K FARMS, INC. 401K PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-02-19222602
Net assets as of the end of the plan year2024-02-195802848
Total assets as of the beginning of the plan year2024-02-195143339
Value of plan covered by a fidelity bond2024-02-19500000
Participant contributions to plan in this plan year2024-02-19200498
Other income to plan in this plan year2024-02-19611543
Plan net income in this plan year2024-02-19659509
Net assets as of the end of the plan year2024-02-195802848
Net assets as of the beginning of the plan year2024-02-195143339
Employer contributions to plan in this plan year2024-02-1970070
Expensese paid to adminstrative service provicers from plan in this plan year2024-02-1970956
2021 : T & K FARMS, INC. 401K PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources2021-12-31$757,962
Expenses. Total of all expenses incurred2021-12-31$78,422
Total plan assets at end of year2021-12-31$5,994,199
Total plan assets at beginning of year2021-12-31$5,314,659
Value of fidelity bond covering the plan2021-12-31$500,000
Total contributions received or receivable from participants2021-12-31$172,708
Other income received2021-12-31$522,645
Net income (gross income less expenses)2021-12-31$679,540
Net plan assets at end of year (total assets less liabilities)2021-12-31$5,994,199
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$5,314,659
Total contributions received or receivable from employer(s)2021-12-31$62,609
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$78,422
2020 : T & K FARMS, INC. 401K PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources2020-12-31$822,294
Expenses. Total of all expenses incurred2020-12-31$59,236
Total plan assets at end of year2020-12-31$5,314,659
Total plan assets at beginning of year2020-12-31$4,551,601
Value of fidelity bond covering the plan2020-12-31$425,000
Total contributions received or receivable from participants2020-12-31$169,629
Other income received2020-12-31$590,411
Net income (gross income less expenses)2020-12-31$763,058
Net plan assets at end of year (total assets less liabilities)2020-12-31$5,314,659
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$4,551,601
Total contributions received or receivable from employer(s)2020-12-31$62,254
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$59,236
2019 : T & K FARMS, INC. 401K PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources2019-12-31$942,351
Expenses. Total of all expenses incurred2019-12-31$67,414
Benefits paid (including direct rollovers)2019-12-31$11,915
Total plan assets at end of year2019-12-31$4,551,601
Total plan assets at beginning of year2019-12-31$3,676,664
Value of fidelity bond covering the plan2019-12-31$425,000
Total contributions received or receivable from participants2019-12-31$162,699
Other income received2019-12-31$718,565
Net income (gross income less expenses)2019-12-31$874,937
Net plan assets at end of year (total assets less liabilities)2019-12-31$4,551,601
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$3,676,664
Total contributions received or receivable from employer(s)2019-12-31$61,087
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$55,499
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : T & K FARMS, INC. 401K PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources2018-12-31$9,858
Expenses. Total of all expenses incurred2018-12-31$50,536
Total plan assets at end of year2018-12-31$3,676,664
Total plan assets at beginning of year2018-12-31$3,717,342
Value of fidelity bond covering the plan2018-12-31$425,000
Total contributions received or receivable from participants2018-12-31$150,505
Other income received2018-12-31$-198,020
Net income (gross income less expenses)2018-12-31$-40,678
Net plan assets at end of year (total assets less liabilities)2018-12-31$3,676,664
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$3,717,342
Total contributions received or receivable from employer(s)2018-12-31$57,373
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$50,536
2017 : T & K FARMS, INC. 401K PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources2017-12-31$579,741
Expenses. Total of all expenses incurred2017-12-31$59,557
Benefits paid (including direct rollovers)2017-12-31$15,000
Total plan assets at end of year2017-12-31$3,717,342
Total plan assets at beginning of year2017-12-31$3,197,158
Value of fidelity bond covering the plan2017-12-31$425,000
Total contributions received or receivable from participants2017-12-31$143,613
Other income received2017-12-31$381,572
Net income (gross income less expenses)2017-12-31$520,184
Net plan assets at end of year (total assets less liabilities)2017-12-31$3,717,342
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$3,197,158
Total contributions received or receivable from employer(s)2017-12-31$54,556
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$44,557
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : T & K FARMS, INC. 401K PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-12-31$391,654
Expenses. Total of all expenses incurred2016-12-31$46,652
Benefits paid (including direct rollovers)2016-12-31$7,057
Total plan assets at end of year2016-12-31$3,197,158
Total plan assets at beginning of year2016-12-31$2,852,156
Value of fidelity bond covering the plan2016-12-31$425,000
Total contributions received or receivable from participants2016-12-31$143,033
Other income received2016-12-31$186,250
Net income (gross income less expenses)2016-12-31$345,002
Net plan assets at end of year (total assets less liabilities)2016-12-31$3,197,158
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$2,852,156
Total contributions received or receivable from employer(s)2016-12-31$62,371
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$39,595
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : T & K FARMS, INC. 401K PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-12-31$223,618
Expenses. Total of all expenses incurred2015-12-31$36,208
Benefits paid (including direct rollovers)2015-12-31$52
Total plan assets at end of year2015-12-31$2,852,156
Total plan assets at beginning of year2015-12-31$2,664,746
Value of fidelity bond covering the plan2015-12-31$425,000
Total contributions received or receivable from participants2015-12-31$141,306
Other income received2015-12-31$28,799
Net income (gross income less expenses)2015-12-31$187,410
Net plan assets at end of year (total assets less liabilities)2015-12-31$2,852,156
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$2,664,746
Total contributions received or receivable from employer(s)2015-12-31$53,513
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$36,156
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : T & K FARMS, INC. 401K PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$283,260
Expenses. Total of all expenses incurred2014-12-31$34,004
Benefits paid (including direct rollovers)2014-12-31$170
Total plan assets at end of year2014-12-31$2,664,746
Total plan assets at beginning of year2014-12-31$2,415,490
Value of fidelity bond covering the plan2014-12-31$200,000
Total contributions received or receivable from participants2014-12-31$128,519
Other income received2014-12-31$99,142
Net income (gross income less expenses)2014-12-31$249,256
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,664,746
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$2,415,490
Total contributions received or receivable from employer(s)2014-12-31$55,599
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$33,834
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : T & K FARMS, INC. 401K PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$448,535
Expenses. Total of all expenses incurred2013-12-31$32,032
Benefits paid (including direct rollovers)2013-12-31$4,333
Total plan assets at end of year2013-12-31$2,415,490
Total plan assets at beginning of year2013-12-31$1,998,987
Value of fidelity bond covering the plan2013-12-31$200,000
Total contributions received or receivable from participants2013-12-31$127,117
Other income received2013-12-31$255,971
Net income (gross income less expenses)2013-12-31$416,503
Net plan assets at end of year (total assets less liabilities)2013-12-31$2,415,490
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,998,987
Total contributions received or receivable from employer(s)2013-12-31$65,447
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$27,699
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : T & K FARMS, INC. 401K PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$359,992
Expenses. Total of all expenses incurred2012-12-31$108,740
Benefits paid (including direct rollovers)2012-12-31$82,146
Total plan assets at end of year2012-12-31$1,998,987
Total plan assets at beginning of year2012-12-31$1,747,735
Value of fidelity bond covering the plan2012-12-31$200,000
Total contributions received or receivable from participants2012-12-31$124,348
Other income received2012-12-31$170,219
Net income (gross income less expenses)2012-12-31$251,252
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,998,987
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,747,735
Total contributions received or receivable from employer(s)2012-12-31$65,425
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$26,594
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : T & K FARMS, INC. 401K PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$47,712
Expenses. Total of all expenses incurred2011-12-31$25,912
Benefits paid (including direct rollovers)2011-12-31$1,454
Total plan assets at end of year2011-12-31$1,747,735
Total plan assets at beginning of year2011-12-31$1,725,935
Value of fidelity bond covering the plan2011-12-31$200,000
Total contributions received or receivable from participants2011-12-31$12,585
Other income received2011-12-31$1,388
Net income (gross income less expenses)2011-12-31$21,800
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,747,735
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,725,935
Total contributions received or receivable from employer(s)2011-12-31$33,739
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$24,458
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : T & K FARMS, INC. 401K PROFIT SHARING PLAN 2010 401k financial data
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$299,580
Expenses. Total of all expenses incurred2010-12-31$58,537
Benefits paid (including direct rollovers)2010-12-31$36,798
Total plan assets at end of year2010-12-31$1,725,935
Total plan assets at beginning of year2010-12-31$1,484,892
Value of fidelity bond covering the plan2010-12-31$200,000
Total contributions received or receivable from participants2010-12-31$115,716
Other income received2010-12-31$131,169
Net income (gross income less expenses)2010-12-31$241,043
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,725,935
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,484,892
Total contributions received or receivable from employer(s)2010-12-31$52,695
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$21,739
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0

Form 5500 Responses for T & K FARMS, INC. 401K PROFIT SHARING PLAN

2021: T & K FARMS, INC. 401K PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: T & K FARMS, INC. 401K PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: T & K FARMS, INC. 401K PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: T & K FARMS, INC. 401K PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: T & K FARMS, INC. 401K PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: T & K FARMS, INC. 401K PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: T & K FARMS, INC. 401K PROFIT SHARING 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: T & K FARMS, INC. 401K PROFIT SHARING 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: T & K FARMS, INC. 401K PROFIT SHARING 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: T & K FARMS, INC. 401K PROFIT SHARING 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 is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: T & K FARMS, INC. 401K PROFIT SHARING 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
2010: T & K FARMS, INC. 401K PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: T & K FARMS, INC. 401K PROFIT SHARING 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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