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CHARLES B. BAUMER, INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameCHARLES B. BAUMER, INC. PROFIT SHARING PLAN
Plan identification number 001

CHARLES B. BAUMER, 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
  • 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.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

CHARLES B. BAUMER, INC. has sponsored the creation of one or more 401k plans.

Company Name:CHARLES B. BAUMER, INC.
Employer identification number (EIN):954825091
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CHARLES B. BAUMER, INC. PROFIT SHARING 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
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012013-01-01ROBERT PRESBERG2014-09-22
0012012-01-01ROBERT PRESBERG2013-07-25
0012011-01-01ROBERT PRESBERG2012-10-03
0012010-01-01ROBERT PRESBERG2011-07-25

Plan Statistics for CHARLES B. BAUMER, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for CHARLES B. BAUMER, INC. PROFIT SHARING PLAN

Measure Date Value
2024: CHARLES B. BAUMER, INC. PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-02-133
Total number of particpants at end of year2024-02-130
Number of Participants With Account Balances2024-02-130
2022: CHARLES B. BAUMER, INC. PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-08-223
Total number of particpants at end of year2022-08-223
Number of Participants With Account Balances2022-08-223

Financial Data on CHARLES B. BAUMER, INC. PROFIT SHARING PLAN

Measure Date Value
2024 : CHARLES B. BAUMER, INC. PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-02-132640972
Net assets as of the end of the plan year2024-02-130
Total assets as of the beginning of the plan year2024-02-132371525
Value of plan covered by a fidelity bond2024-02-13500000
Other income to plan in this plan year2024-02-13269447
Plan net income in this plan year2024-02-13-2371525
Net assets as of the end of the plan year2024-02-130
Net assets as of the beginning of the plan year2024-02-132371525
Employer contributions to plan in this plan year2024-02-130
2022 : CHARLES B. BAUMER, INC. PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-08-22131654
Net assets as of the end of the plan year2022-08-222921136
Total assets as of the beginning of the plan year2022-08-222654107
Value of plan covered by a fidelity bond2022-08-22250000
Other expenses paid from plan in this plan year2022-08-2222636
Other income to plan in this plan year2022-08-22328075
Plan net income in this plan year2022-08-22267029
Net assets as of the end of the plan year2022-08-222921136
Net assets as of the beginning of the plan year2022-08-222654107
Employer contributions to plan in this plan year2022-08-2270608

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