401k Plan data: THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN plan

THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 401k Plan overview

Plan Name	THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN
Plan identification number	003

THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN Benefits

401k Plan Type

Defined 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
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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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

ITALIAN AMERICAN CORPORATION DBA AMERICAN PACKAGING COMPANY has sponsored the creation of one or more 401k plans.

Company Name: ITALIAN AMERICAN CORPORATION DBA AMERICAN PACKAGING COMPANY

Employer identification number (EIN): 942841269

NAIC Classification: 323100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2020-01-01
003 2019-01-01
003 2018-01-01 DEBBIE BUSH
003 2017-01-01 DEBBIE BUSH
003 2016-01-01 DEBBIE BUSH
003 2015-01-01 DEBBIE BUSH 2016-07-06 DEBBIE BUSH 2016-07-06
003 2014-01-01 DEBBIE BUSH 2015-06-24
003 2013-01-01 DEBBIE BUSH 2014-07-17
003 2012-01-01 DEBBIE BUSH 2013-07-25
003 2011-01-01 DEBBIE BUSH 2012-07-16
003 2010-01-01 DEBBIE BUSH 2011-06-15

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
003	2020-01-01
003	2019-01-01
003	2018-01-01	DEBBIE BUSH
003	2017-01-01	DEBBIE BUSH
003	2016-01-01	DEBBIE BUSH
003	2015-01-01	DEBBIE BUSH	2016-07-06	DEBBIE BUSH	2016-07-06
003	2014-01-01	DEBBIE BUSH	2015-06-24
003	2013-01-01	DEBBIE BUSH	2014-07-17
003	2012-01-01	DEBBIE BUSH	2013-07-25
003	2011-01-01	DEBBIE BUSH	2012-07-16
003	2010-01-01	DEBBIE BUSH	2011-06-15

Plan Statistics for THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN

401k plan membership statisitcs for THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN

Measure Date Value
2020: THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 31
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 0
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 0
Total of all active and inactive participants 2020-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 0
Number of participants with account balances 2020-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 36
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 29
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 2
Total of all active and inactive participants 2019-01-01 31
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 31
Number of participants with account balances 2019-01-01 19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 33
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 34
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 2
Total of all active and inactive participants 2018-01-01 36
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 36
Number of participants with account balances 2018-01-01 21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 36
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 31
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 2
Total of all active and inactive participants 2017-01-01 33
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 33
Number of participants with account balances 2017-01-01 21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 1
2016: THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 43
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 33
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 3
Total of all active and inactive participants 2016-01-01 36
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 36
Number of participants with account balances 2016-01-01 25
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0

Measure	Date	Value
2020: THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	31
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	0
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	0
Total of all active and inactive participants	2020-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	0
Number of participants with account balances	2020-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	36
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	29
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	2
Total of all active and inactive participants	2019-01-01	31
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	31
Number of participants with account balances	2019-01-01	19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	33
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	34
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	2
Total of all active and inactive participants	2018-01-01	36
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	36
Number of participants with account balances	2018-01-01	21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	36
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	31
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	2
Total of all active and inactive participants	2017-01-01	33
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	33
Number of participants with account balances	2017-01-01	21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	1
2016: THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	43
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	33
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	3
Total of all active and inactive participants	2016-01-01	36
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	36
Number of participants with account balances	2016-01-01	25
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0

Financial Data on THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN

Measure	Date	Value
2020 : THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2020 401k financial data
Transfers to/from the plan	2020-10-02	$0
Total plan liabilities at end of year	2020-10-02	$0
Total plan liabilities at beginning of year	2020-10-02	$0
Total income from all sources	2020-10-02	$44,500
Expenses. Total of all expenses incurred	2020-10-02	$4,566,915
Benefits paid (including direct rollovers)	2020-10-02	$4,544,169
Total plan assets at end of year	2020-10-02	$0
Total plan assets at beginning of year	2020-10-02	$4,522,415
Value of fidelity bond covering the plan	2020-10-02	$500,000
Total contributions received or receivable from participants	2020-10-02	$100,047
Expenses. Other expenses not covered elsewhere	2020-10-02	$0
Contributions received from other sources (not participants or employers)	2020-10-02	$5,447
Other income received	2020-10-02	$-81,914
Noncash contributions received	2020-10-02	$0
Net income (gross income less expenses)	2020-10-02	$-4,522,415
Net plan assets at end of year (total assets less liabilities)	2020-10-02	$0
Net plan assets at beginning of year (total assets less liabilities)	2020-10-02	$4,522,415
Assets. Value of participant loans	2020-10-02	$0
Total contributions received or receivable from employer(s)	2020-10-02	$20,920
Value of certain deemed distributions of participant loans	2020-10-02	$0
Value of corrective distributions	2020-10-02	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-10-02	$22,746
2019 : THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$985,516
Expenses. Total of all expenses incurred	2019-12-31	$128,076
Benefits paid (including direct rollovers)	2019-12-31	$100,975
Total plan assets at end of year	2019-12-31	$4,522,415
Total plan assets at beginning of year	2019-12-31	$3,664,975
Value of fidelity bond covering the plan	2019-12-31	$500,000
Total contributions received or receivable from participants	2019-12-31	$168,619
Expenses. Other expenses not covered elsewhere	2019-12-31	$0
Contributions received from other sources (not participants or employers)	2019-12-31	$0
Other income received	2019-12-31	$753,630
Noncash contributions received	2019-12-31	$0
Net income (gross income less expenses)	2019-12-31	$857,440
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$4,522,415
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$3,664,975
Assets. Value of participant loans	2019-12-31	$125,865
Total contributions received or receivable from employer(s)	2019-12-31	$63,267
Value of certain deemed distributions of participant loans	2019-12-31	$0
Value of corrective distributions	2019-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$27,101
2018 : THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2018 401k financial data
Transfers to/from the plan	2018-12-31	$0
Total plan liabilities at end of year	2018-12-31	$0
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$-16,965
Expenses. Total of all expenses incurred	2018-12-31	$42,077
Benefits paid (including direct rollovers)	2018-12-31	$13,163
Total plan assets at end of year	2018-12-31	$3,664,975
Total plan assets at beginning of year	2018-12-31	$3,724,017
Value of fidelity bond covering the plan	2018-12-31	$500,000
Total contributions received or receivable from participants	2018-12-31	$158,726
Expenses. Other expenses not covered elsewhere	2018-12-31	$0
Contributions received from other sources (not participants or employers)	2018-12-31	$0
Other income received	2018-12-31	$-238,129
Noncash contributions received	2018-12-31	$0
Net income (gross income less expenses)	2018-12-31	$-59,042
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$3,664,975
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$3,724,017
Assets. Value of participant loans	2018-12-31	$190,709
Total contributions received or receivable from employer(s)	2018-12-31	$62,438
Value of certain deemed distributions of participant loans	2018-12-31	$2,970
Value of corrective distributions	2018-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$25,944
2017 : THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2017 401k financial data
Transfers to/from the plan	2017-12-31	$0
Total plan liabilities at end of year	2017-12-31	$0
Total plan liabilities at beginning of year	2017-12-31	$0
Total income from all sources	2017-12-31	$755,979
Expenses. Total of all expenses incurred	2017-12-31	$76,635
Benefits paid (including direct rollovers)	2017-12-31	$57,830
Total plan assets at end of year	2017-12-31	$3,724,017
Total plan assets at beginning of year	2017-12-31	$3,044,673
Value of fidelity bond covering the plan	2017-12-31	$500,000
Total contributions received or receivable from participants	2017-12-31	$159,770
Expenses. Other expenses not covered elsewhere	2017-12-31	$0
Contributions received from other sources (not participants or employers)	2017-12-31	$0
Other income received	2017-12-31	$525,551
Noncash contributions received	2017-12-31	$0
Net income (gross income less expenses)	2017-12-31	$679,344
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$3,724,017
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$3,044,673
Assets. Value of participant loans	2017-12-31	$84,132
Total contributions received or receivable from employer(s)	2017-12-31	$70,658
Value of certain deemed distributions of participant loans	2017-12-31	$0
Value of corrective distributions	2017-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$18,805
2016 : THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2016 401k financial data
Transfers to/from the plan	2016-12-31	$0
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$385,318
Expenses. Total of all expenses incurred	2016-12-31	$208,303
Benefits paid (including direct rollovers)	2016-12-31	$208,278
Total plan assets at end of year	2016-12-31	$3,044,673
Total plan assets at beginning of year	2016-12-31	$2,867,658
Value of fidelity bond covering the plan	2016-12-31	$500,000
Total contributions received or receivable from participants	2016-12-31	$160,919
Expenses. Other expenses not covered elsewhere	2016-12-31	$0
Contributions received from other sources (not participants or employers)	2016-12-31	$0
Other income received	2016-12-31	$153,242
Noncash contributions received	2016-12-31	$0
Net income (gross income less expenses)	2016-12-31	$177,015
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$3,044,673
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$2,867,658
Assets. Value of participant loans	2016-12-31	$126,939
Total contributions received or receivable from employer(s)	2016-12-31	$71,157
Value of certain deemed distributions of participant loans	2016-12-31	$0
Value of corrective distributions	2016-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$25

Form 5500 Responses for THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN

2020: THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	This submission is the final filing	Yes
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: THE ITALIAN AMERICAN CORPORATION EMPLOYEES 401K SAVINGS PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	ITALIAN AMERICAN CORPORATION DBA AMERICAN PACKAGING COMPANY
Employer identification number (EIN):	942841269
NAIC Classification:	323100