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KRMC GROUP, INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameKRMC GROUP, INC. PROFIT SHARING PLAN
Plan identification number 001

KRMC GROUP, INC. PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • The employer maintaining this ESOP is an S Corporation
  • 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.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

KRMC GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name:KRMC GROUP, INC.
Employer identification number (EIN):880262802
NAIC Classification:621900

Additional information about KRMC GROUP, INC.

Jurisdiction of Incorporation: Nevada Department of State
Incorporation Date: 1990-02-02
Company Identification Number: 19901010519
Legal Registered Office Address: 831 LACA ST

DAYTON
United States of America (USA)
89403

More information about KRMC GROUP, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan KRMC GROUP, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01ROBERT COSGROVE ROBERT COSGROVE2018-10-13
0012017-01-01ROBERT COSGROVE ROBERT COSGROVE2018-10-13
0012016-01-01 ROBERT COSGROVE2018-10-13
0012015-01-01ROBERT COSGROVE ROBERT COSGROVE2016-10-15
0012014-01-01ROBERT COSGROVE ROBERT COSGROVE2015-10-14
0012013-01-01ROBERT COSGROVE
0012012-01-01ROBERT COSGROVE
0012011-01-01ROBERT COSGROVE
0012010-01-01ROBERT COSGROVE
0012009-01-01ROBERT COSGROVE
0012009-01-01ROBERT COSGROVE

Plan Statistics for KRMC GROUP, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for KRMC GROUP, INC. PROFIT SHARING PLAN

Measure Date Value
2020: KRMC GROUP, INC. PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-011
Total number of active participants reported on line 7a of the Form 55002020-01-011
Total of all active and inactive participants2020-01-011
Total participants2020-01-011
Number of participants with account balances2020-01-011
2019: KRMC GROUP, INC. PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-011
Total number of active participants reported on line 7a of the Form 55002019-01-011
Total of all active and inactive participants2019-01-011
Total participants2019-01-011
Number of participants with account balances2019-01-011
2018: KRMC GROUP, INC. PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-011
Total number of active participants reported on line 7a of the Form 55002018-01-011
Total of all active and inactive participants2018-01-011
Total participants2018-01-011
2017: KRMC GROUP, INC. PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-011
Total number of active participants reported on line 7a of the Form 55002017-01-011
Total of all active and inactive participants2017-01-011
Total participants2017-01-011
Number of participants with account balances2017-01-011
2016: KRMC GROUP, INC. PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-011
Total number of active participants reported on line 7a of the Form 55002016-01-011
Total of all active and inactive participants2016-01-011
Total participants2016-01-011
2015: KRMC GROUP, INC. PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-011
Total number of active participants reported on line 7a of the Form 55002015-01-011
Total of all active and inactive participants2015-01-011
Total participants2015-01-011
2014: KRMC GROUP, INC. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-011
Total number of active participants reported on line 7a of the Form 55002014-01-011
Total of all active and inactive participants2014-01-011
Total participants2014-01-011
2013: KRMC GROUP, INC. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-011
Total number of active participants reported on line 7a of the Form 55002013-01-011
Total of all active and inactive participants2013-01-011
Total participants2013-01-011
2012: KRMC GROUP, INC. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-011
Total number of active participants reported on line 7a of the Form 55002012-01-011
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-011
Total participants2012-01-011
2011: KRMC GROUP, INC. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-011
Total number of active participants reported on line 7a of the Form 55002011-01-011
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-011
Total participants2011-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: KRMC GROUP, INC. PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-012
Total number of active participants reported on line 7a of the Form 55002010-01-011
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-010
Total of all active and inactive participants2010-01-011
Total participants2010-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: KRMC GROUP, INC. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-012
Total number of active participants reported on line 7a of the Form 55002009-01-012
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on KRMC GROUP, INC. PROFIT SHARING PLAN

Measure Date Value
2020 : KRMC GROUP, INC. PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources2020-12-31$56,003
Expenses. Total of all expenses incurred2020-12-31$31,000
Benefits paid (including direct rollovers)2020-12-31$31,000
Total plan assets at end of year2020-12-31$61,834
Total plan assets at beginning of year2020-12-31$36,831
Total contributions received or receivable from participants2020-12-31$14,000
Other income received2020-12-31$4
Net income (gross income less expenses)2020-12-31$25,003
Net plan assets at end of year (total assets less liabilities)2020-12-31$61,834
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$36,831
Total contributions received or receivable from employer(s)2020-12-31$41,999
2019 : KRMC GROUP, INC. PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources2019-12-31$36,729
Expenses. Total of all expenses incurred2019-12-31$129,000
Benefits paid (including direct rollovers)2019-12-31$129,000
Total plan assets at end of year2019-12-31$36,831
Total plan assets at beginning of year2019-12-31$129,102
Total contributions received or receivable from participants2019-12-31$9,000
Other income received2019-12-31$729
Net income (gross income less expenses)2019-12-31$-92,271
Net plan assets at end of year (total assets less liabilities)2019-12-31$36,831
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$129,102
Total contributions received or receivable from employer(s)2019-12-31$27,000
2018 : KRMC GROUP, INC. PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources2018-12-31$52,269
Expenses. Total of all expenses incurred2018-12-31$1,109
Total plan assets at end of year2018-12-31$129,102
Total plan assets at beginning of year2018-12-31$77,942
Total contributions received or receivable from participants2018-12-31$13,500
Expenses. Other expenses not covered elsewhere2018-12-31$34
Other income received2018-12-31$-1,731
Net income (gross income less expenses)2018-12-31$51,160
Net plan assets at end of year (total assets less liabilities)2018-12-31$129,102
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$77,942
Total contributions received or receivable from employer(s)2018-12-31$40,500
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$1,075
2017 : KRMC GROUP, INC. PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources2017-12-31$54,012
Expenses. Total of all expenses incurred2017-12-31$0
Total plan assets at end of year2017-12-31$77,942
Total plan assets at beginning of year2017-12-31$23,930
Total contributions received or receivable from participants2017-12-31$13,500
Other income received2017-12-31$12
Net income (gross income less expenses)2017-12-31$54,012
Net plan assets at end of year (total assets less liabilities)2017-12-31$77,942
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$23,930
Total contributions received or receivable from employer(s)2017-12-31$40,500
2016 : KRMC GROUP, INC. PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-12-31$0
Expenses. Total of all expenses incurred2016-12-31$70
Total plan assets at end of year2016-12-31$23,930
Total plan assets at beginning of year2016-12-31$24,000
Net income (gross income less expenses)2016-12-31$-70
Net plan assets at end of year (total assets less liabilities)2016-12-31$23,930
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$24,000
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$70
2015 : KRMC GROUP, INC. PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-12-31$24,000
Expenses. Total of all expenses incurred2015-12-31$18,026
Benefits paid (including direct rollovers)2015-12-31$17,950
Total plan assets at end of year2015-12-31$23,885
Total plan assets at beginning of year2015-12-31$17,911
Total contributions received or receivable from participants2015-12-31$24,000
Net income (gross income less expenses)2015-12-31$5,974
Net plan assets at end of year (total assets less liabilities)2015-12-31$23,885
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$17,911
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$76
2014 : KRMC GROUP, INC. PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$26,174
Expenses. Total of all expenses incurred2014-12-31$77,287
Benefits paid (including direct rollovers)2014-12-31$77,112
Total plan assets at end of year2014-12-31$17,911
Total plan assets at beginning of year2014-12-31$69,024
Total contributions received or receivable from participants2014-12-31$26,165
Other income received2014-12-31$9
Net income (gross income less expenses)2014-12-31$-51,113
Net plan assets at end of year (total assets less liabilities)2014-12-31$17,911
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$69,024
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$175
2013 : KRMC GROUP, INC. PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$10,925
Expenses. Total of all expenses incurred2013-12-31$75
Total plan assets at end of year2013-12-31$69,024
Total plan assets at beginning of year2013-12-31$58,174
Total contributions received or receivable from participants2013-12-31$10,909
Other income received2013-12-31$16
Net income (gross income less expenses)2013-12-31$10,850
Net plan assets at end of year (total assets less liabilities)2013-12-31$69,024
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$58,174
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$75
2012 : KRMC GROUP, INC. PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$10,930
Expenses. Total of all expenses incurred2012-12-31$75
Total plan assets at end of year2012-12-31$58,174
Total plan assets at beginning of year2012-12-31$47,244
Other income received2012-12-31$21
Net income (gross income less expenses)2012-12-31$10,855
Net plan assets at end of year (total assets less liabilities)2012-12-31$58,174
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$47,244
Total contributions received or receivable from employer(s)2012-12-31$10,909
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$75
2011 : KRMC GROUP, INC. PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$10,941
Expenses. Total of all expenses incurred2011-12-31$75
Total plan assets at end of year2011-12-31$47,244
Total plan assets at beginning of year2011-12-31$36,377
Total contributions received or receivable from participants2011-12-31$10,909
Other income received2011-12-31$32
Net income (gross income less expenses)2011-12-31$10,866
Net plan assets at end of year (total assets less liabilities)2011-12-31$47,244
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$36,377
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$75
2010 : KRMC GROUP, INC. PROFIT SHARING PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$17,889
Total income from all sources2010-12-31$14,664
Total plan assets at end of year2010-12-31$36,377
Total plan assets at beginning of year2010-12-31$43,313
Total contributions received or receivable from participants2010-12-31$14,620
Other income received2010-12-31$44
Net income (gross income less expenses)2010-12-31$14,664
Net plan assets at end of year (total assets less liabilities)2010-12-31$36,377
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$43,313

Form 5500 Responses for KRMC GROUP, INC. PROFIT SHARING PLAN

2020: KRMC GROUP, INC. 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: KRMC GROUP, INC. 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: KRMC GROUP, INC. PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01First time form 5500 has been submittedYes
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: KRMC GROUP, INC. PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedYes
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: KRMC GROUP, INC. PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedYes
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: KRMC GROUP, INC. 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: KRMC GROUP, INC. 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: KRMC GROUP, INC. 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: KRMC GROUP, INC. 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: KRMC GROUP, INC. 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: KRMC GROUP, INC. 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: KRMC GROUP, INC. 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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