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Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • 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
0012022-10-01JEFF HEATON2024-02-12
0012021-10-01JEFF HEATON2023-06-26
0012020-10-01JEFF HEATON2022-01-25
0012019-10-01JEFF HEATON2021-05-12

Plan Statistics for

401k plan membership statisitcs for

Measure Date Value
2025: 2025 401k membership
Total number of particpants at beginning of year2025-07-0223
Total number of particpants at end of year2025-07-0218
Number of Participants With Account Balances2025-07-0218
2023: 2023 401k membership
Total number of particpants at beginning of year2023-06-2620
Total number of particpants at end of year2023-06-2633
Number of Participants With Account Balances2023-06-2625

Financial Data on

Measure Date Value
2025 : 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-020
Total liabilities as of the end of the plan year2025-07-020
Total liabilities as of the beginning of the plan year2025-07-020
Total expenses incurred by plan in this plan year2025-07-0239445
Net assets as of the end of the plan year2025-07-02855548
Total assets as of the beginning of the plan year2025-07-02613655
Value of plan covered by a fidelity bond2025-07-02100000
Participant contributions to plan in this plan year2025-07-02107283
Other expenses paid from plan in this plan year2025-07-020
Other contributions to plan in this plan year2025-07-020
Other income to plan in this plan year2025-07-02141588
Plan net income in this plan year2025-07-02241893
Net assets as of the end of the plan year2025-07-02855548
Net assets as of the beginning of the plan year2025-07-02613655
Employer contributions to plan in this plan year2025-07-0232467
Fees paid to broker by Benefit Provider2025-07-02591
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-020
2023 : 2023 401k financial data
Total transfers to/from plan in this plan year2023-06-260
Total liabilities as of the end of the plan year2023-06-260
Total liabilities as of the beginning of the plan year2023-06-260
Total expenses incurred by plan in this plan year2023-06-2656819
Net assets as of the end of the plan year2023-06-26434810
Total assets as of the beginning of the plan year2023-06-26474047
Value of plan covered by a fidelity bond2023-06-2650000
Participant contributions to plan in this plan year2023-06-2687979
Value of participant loans at end of plan year2023-06-269214
Other expenses paid from plan in this plan year2023-06-260
Other contributions to plan in this plan year2023-06-260
Other income to plan in this plan year2023-06-26-106556
Plan net income in this plan year2023-06-26-39237
Net assets as of the end of the plan year2023-06-26434810
Net assets as of the beginning of the plan year2023-06-26474047
Employer contributions to plan in this plan year2023-06-2636159
Fees paid to broker by Benefit Provider2023-06-26150
Expensese paid to adminstrative service provicers from plan in this plan year2023-06-260

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