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L. J. OLSEN, INC. 401K PLAN 401k Plan overview

Plan NameL. J. OLSEN, INC. 401K PLAN
Plan identification number 001

L. J. OLSEN, INC. 401K 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.
  • 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

L. J. OLSEN, INC. has sponsored the creation of one or more 401k plans.

Company Name:L. J. OLSEN, INC.
Employer identification number (EIN):910960510
NAIC Classification:111900
NAIC Description:Other Crop Farming

Additional information about L. J. OLSEN, INC.

Jurisdiction of Incorporation: Washington Secretary of State Corporations Division
Incorporation Date: 1976-04-12
Company Identification Number: 601139069
Legal Registered Office Address: W 1333 CUNNINGHAM

OTHELLO
United States of America (USA)
993440000

More information about L. J. OLSEN, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan L. J. OLSEN, INC. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01LYNN OLSEN2020-08-07
0012018-01-01LYNN OLSEN2019-03-26
0012017-01-01LYNN OLSEN2018-10-01
0012016-01-01LYNN OLSEN2017-08-29
0012015-01-01LYNN OLSEN2016-09-12
0012014-01-01LYNN OLSEN2015-07-20
0012013-01-01LYNN OLSEN2014-09-12
0012012-01-01LYNN OLSEN2013-08-06
0012011-01-01LYNN OLSEN2012-04-10
0012010-01-01LYNN OLSEN2011-05-16

Plan Statistics for L. J. OLSEN, INC. 401K PLAN

401k plan membership statisitcs for L. J. OLSEN, INC. 401K PLAN

Measure Date Value
2025: L. J. OLSEN, INC. 401K PLAN 2025 401k membership
Total number of particpants at beginning of year2025-09-268
Total number of particpants at end of year2025-09-268
Number of Participants With Account Balances2025-09-268
2024: L. J. OLSEN, INC. 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-2311
Total number of particpants at end of year2024-09-237
Number of Participants With Account Balances2024-09-237
2022: L. J. OLSEN, INC. 401K PLAN 2022 401k membership
Total number of particpants at beginning of year2022-07-2513
Total number of particpants at end of year2022-07-2512
Number of Participants With Account Balances2022-07-258

Financial Data on L. J. OLSEN, INC. 401K PLAN

Measure Date Value
2025 : L. J. OLSEN, INC. 401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-09-267353
Net assets as of the end of the plan year2025-09-26556610
Total assets as of the beginning of the plan year2025-09-26488831
Value of plan covered by a fidelity bond2025-09-2660000
Participant contributions to plan in this plan year2025-09-2616704
Other expenses paid from plan in this plan year2025-09-2640
Other income to plan in this plan year2025-09-2647461
Plan net income in this plan year2025-09-2667779
Net assets as of the end of the plan year2025-09-26556610
Net assets as of the beginning of the plan year2025-09-26488831
Employer contributions to plan in this plan year2025-09-2610967
2024 : L. J. OLSEN, INC. 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-236169
Net assets as of the end of the plan year2024-09-23488831
Total assets as of the beginning of the plan year2024-09-23414165
Value of plan covered by a fidelity bond2024-09-2349000
Participant contributions to plan in this plan year2024-09-2316554
Other expenses paid from plan in this plan year2024-09-23285
Other income to plan in this plan year2024-09-2353464
Plan net income in this plan year2024-09-2374666
Net assets as of the end of the plan year2024-09-23488831
Net assets as of the beginning of the plan year2024-09-23414165
Employer contributions to plan in this plan year2024-09-2310817
2022 : L. J. OLSEN, INC. 401K PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-07-2510235
Net assets as of the end of the plan year2022-07-25467947
Total assets as of the beginning of the plan year2022-07-25417339
Value of plan covered by a fidelity bond2022-07-2542000
Participant contributions to plan in this plan year2022-07-2516350
Other expenses paid from plan in this plan year2022-07-25315
Other income to plan in this plan year2022-07-2534072
Plan net income in this plan year2022-07-2550608
Net assets as of the end of the plan year2022-07-25467947
Net assets as of the beginning of the plan year2022-07-25417339
Employer contributions to plan in this plan year2022-07-2510421

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