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JAMES P. SHELDON COMPANY, INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameJAMES P. SHELDON COMPANY, INC. PROFIT SHARING PLAN
Plan identification number 002

JAMES P. SHELDON COMPANY, INC. PROFIT SHARING PLAN 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
  • 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.

401k Sponsoring company profile

JAMES P. SHELDON COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name:JAMES P. SHELDON COMPANY, INC.
Employer identification number (EIN):920098609
NAIC Classification:423700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JAMES P. SHELDON COMPANY, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01JERROD VAUGHN2024-08-12
0022022-01-01JERROD VAUGHN2023-07-05
0022021-01-01RICK LOEWEN2022-06-17
0022020-01-01RICK LOEWEN2021-07-28
0022019-01-01RICK LOEWEN2020-06-09
0022018-01-01RICK LOEWEN2019-07-26
0022017-01-01RICK LOEWEN2018-05-08
0022016-01-01RICK LOEWEN2017-03-30
0022015-01-01RICK LOEWEN2016-05-24
0022014-01-01RICK LOEWEN2015-06-16 RICK LOEWEN2015-06-16
0022013-01-01RICK LOEWEN2014-10-13 RICK LOEWEN2014-10-13
0022012-01-01RICK LOEWEN2013-07-24 RICK LOEWEN2013-07-24
0022011-01-01RICK LOEWEN2012-03-16 RICK LOEWEN2012-03-16
0022010-01-01RICK LOEWEN2011-05-13 RICK LOEWEN2011-05-13

Financial Data on JAMES P. SHELDON COMPANY, INC. PROFIT SHARING PLAN

Measure Date Value
2025 : JAMES P. SHELDON COMPANY, INC. PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-2425662
Net assets as of the end of the plan year2025-07-24750240
Total assets as of the beginning of the plan year2025-07-24561861
Value of plan covered by a fidelity bond2025-07-24325000
Participant contributions to plan in this plan year2025-07-2420219
Value of participant loans at end of plan year2025-07-245302
Other income to plan in this plan year2025-07-2449718
Plan net income in this plan year2025-07-24188379
Net assets as of the end of the plan year2025-07-24750240
Net assets as of the beginning of the plan year2025-07-24561861
Employer contributions to plan in this plan year2025-07-24144104
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-246339
2024 : JAMES P. SHELDON COMPANY, INC. PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-08-126441
Net assets as of the end of the plan year2024-08-12561861
Total assets as of the beginning of the plan year2024-08-12418772
Value of plan covered by a fidelity bond2024-08-12325000
Participant contributions to plan in this plan year2024-08-1211113
Value of participant loans at end of plan year2024-08-127391
Other contributions to plan in this plan year2024-08-1215107
Other income to plan in this plan year2024-08-1253310
Plan net income in this plan year2024-08-12143089
Net assets as of the end of the plan year2024-08-12561861
Net assets as of the beginning of the plan year2024-08-12418772
Employer contributions to plan in this plan year2024-08-1270000
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-124960
2022 : JAMES P. SHELDON COMPANY, INC. PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-06-1734763
Net assets as of the end of the plan year2022-06-173214277
Total assets as of the beginning of the plan year2022-06-172928778
Value of plan covered by a fidelity bond2022-06-17325000
Value of participant loans at end of plan year2022-06-1716868
Other income to plan in this plan year2022-06-17260262
Plan net income in this plan year2022-06-17285499
Net assets as of the end of the plan year2022-06-173214277
Net assets as of the beginning of the plan year2022-06-172928778
Employer contributions to plan in this plan year2022-06-1760000
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-1733585

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