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GOLDEN VALLEY BUILDERS AND WOODWORKING 401(K) PLAN 401k Plan overview

Plan NameGOLDEN VALLEY BUILDERS AND WOODWORKING 401(K) PLAN
Plan identification number 001

GOLDEN VALLEY BUILDERS AND WOODWORKING 401(K) PLAN 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

GOLDEN VALLEY BUILDERS AND WOODWORKING has sponsored the creation of one or more 401k plans.

Company Name:GOLDEN VALLEY BUILDERS AND WOODWORKING
Employer identification number (EIN):874268605
NAIC Classification:541400

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GOLDEN VALLEY BUILDERS AND WOODWORKING 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01QIAN LIU2024-06-06

Financial Data on GOLDEN VALLEY BUILDERS AND WOODWORKING 401(K) PLAN

Measure Date Value
2025 : GOLDEN VALLEY BUILDERS AND WOODWORKING 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-04-180
Total liabilities as of the end of the plan year2025-04-180
Total liabilities as of the beginning of the plan year2025-04-180
Total expenses incurred by plan in this plan year2025-04-18514
Net assets as of the end of the plan year2025-04-18137995
Total assets as of the beginning of the plan year2025-04-18118376
Value of plan covered by a fidelity bond2025-04-18917471694
Participant contributions to plan in this plan year2025-04-182504
Value of participant loans at end of plan year2025-04-1833594
Other expenses paid from plan in this plan year2025-04-180
Other contributions to plan in this plan year2025-04-180
Other income to plan in this plan year2025-04-1815430
Plan net income in this plan year2025-04-1819619
Net assets as of the end of the plan year2025-04-18137995
Net assets as of the beginning of the plan year2025-04-18118376
Value of contributions failed to transmitted timely2025-04-180
Employer contributions to plan in this plan year2025-04-182199
Fees paid to broker by Benefit Provider2025-04-180
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-18181
2024 : GOLDEN VALLEY BUILDERS AND WOODWORKING 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-06-060
Total liabilities as of the end of the plan year2024-06-060
Total liabilities as of the beginning of the plan year2024-06-060
Total expenses incurred by plan in this plan year2024-06-06125
Net assets as of the end of the plan year2024-06-06118376
Total assets as of the beginning of the plan year2024-06-06100541
Value of plan covered by a fidelity bond2024-06-06705050000
Participant contributions to plan in this plan year2024-06-06624
Value of participant loans at end of plan year2024-06-0642625
Other expenses paid from plan in this plan year2024-06-060
Other contributions to plan in this plan year2024-06-060
Other income to plan in this plan year2024-06-0616676
Plan net income in this plan year2024-06-0617835
Net assets as of the end of the plan year2024-06-06118376
Net assets as of the beginning of the plan year2024-06-06100541
Value of contributions failed to transmitted timely2024-06-060
Employer contributions to plan in this plan year2024-06-06660
Fees paid to broker by Benefit Provider2024-06-060
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-06125

Potentially related plans

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