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EMPLOYEE BENEFIT PLAN OF GREENS DO GOOD REED, INC. 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF GREENS DO GOOD REED, INC.
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF GREENS DO GOOD REED, INC. 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.

401k Sponsoring company profile

GREENS DO GOOD REED, INC. has sponsored the creation of one or more 401k plans.

Company Name:GREENS DO GOOD REED, INC.
Employer identification number (EIN):863284764
NAIC Classification:611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF GREENS DO GOOD REED, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01CHANTELLE WALKER2024-07-31
0012022-01-01CHANTELLE WALKER2023-06-19
0012021-01-01CHANTELLE WALKER2022-10-07

Financial Data on EMPLOYEE BENEFIT PLAN OF GREENS DO GOOD REED, INC.

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF GREENS DO GOOD REED, INC. 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-0225
Net assets as of the end of the plan year2025-06-02140993
Total assets as of the beginning of the plan year2025-06-02128051
Value of plan covered by a fidelity bond2025-06-0215000
Participant contributions to plan in this plan year2025-06-022667
Value of participant loans at end of plan year2025-06-025456
Other income to plan in this plan year2025-06-028166
Plan net income in this plan year2025-06-0212942
Net assets as of the end of the plan year2025-06-02140993
Net assets as of the beginning of the plan year2025-06-02128051
Employer contributions to plan in this plan year2025-06-022134
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-0225
2024 : EMPLOYEE BENEFIT PLAN OF GREENS DO GOOD REED, INC. 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-3125
Net assets as of the end of the plan year2024-07-31128051
Total assets as of the beginning of the plan year2024-07-31111783
Value of plan covered by a fidelity bond2024-07-31150000
Participant contributions to plan in this plan year2024-07-314056
Value of participant loans at end of plan year2024-07-318549
Other income to plan in this plan year2024-07-318992
Plan net income in this plan year2024-07-3116268
Net assets as of the end of the plan year2024-07-31128051
Net assets as of the beginning of the plan year2024-07-31111783
Employer contributions to plan in this plan year2024-07-313245
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-3125
2022 : EMPLOYEE BENEFIT PLAN OF GREENS DO GOOD REED, INC. 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-07175
Net assets as of the end of the plan year2022-10-07114577
Total assets as of the beginning of the plan year2022-10-0798564
Participant contributions to plan in this plan year2022-10-075002
Value of participant loans at end of plan year2022-10-0714271
Other income to plan in this plan year2022-10-077500
Plan net income in this plan year2022-10-0716013
Net assets as of the end of the plan year2022-10-07114577
Net assets as of the beginning of the plan year2022-10-0798564
Employer contributions to plan in this plan year2022-10-073686
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-07175

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