?>
Logo

PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NamePORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 002

PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
  • Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
  • The employer maintaining this ESOP is an S Corporation
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

PORT HARBOR MARINE, INC. has sponsored the creation of one or more 401k plans.

Company Name:PORT HARBOR MARINE, INC.
Employer identification number (EIN):010273942
NAIC Classification:441222
NAIC Description:Boat Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01ROBERT C. SOUCY, JR.2023-10-11
0022021-01-01ROBERT C. SOUCY, JR.2022-09-18
0022020-01-01ROBERT C. SOUCY, JR.2021-09-02
0022019-01-01ROBERT C. SOUCY, JR.2020-10-06
0022018-03-01ROBERT C. SOUCY, JR.2019-08-26

Plan Statistics for PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022: PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0196
Total number of active participants reported on line 7a of the Form 55002022-01-0177
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0117
Total of all active and inactive participants2022-01-0194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0194
Number of participants with account balances2022-01-0194
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0189
Total number of active participants reported on line 7a of the Form 55002021-01-0182
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-014
Total of all active and inactive participants2021-01-0186
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0186
Number of participants with account balances2021-01-0186
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-014
2020: PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0171
Total number of active participants reported on line 7a of the Form 55002020-01-0174
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0113
Total of all active and inactive participants2020-01-0187
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-011
Total participants2020-01-0188
Number of participants with account balances2020-01-0188
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-016
2019: PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0167
Total number of active participants reported on line 7a of the Form 55002019-01-0167
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-0167
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0167
Number of participants with account balances2019-01-0167
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-016
2018: PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year2018-03-0159
Total number of active participants reported on line 7a of the Form 55002018-03-0167
Number of retired or separated participants receiving benefits2018-03-010
Number of other retired or separated participants entitled to future benefits2018-03-010
Total of all active and inactive participants2018-03-0167
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-03-010
Total participants2018-03-0167
Number of participants with account balances2018-03-0167
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-03-010

Financial Data on PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022 : PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$9,183
Total plan liabilities at beginning of year2022-12-31$9,317
Total income from all sources2022-12-31$4,225,395
Expenses. Total of all expenses incurred2022-12-31$736,549
Benefits paid (including direct rollovers)2022-12-31$709,385
Total plan assets at end of year2022-12-31$23,372,948
Total plan assets at beginning of year2022-12-31$19,884,236
Value of fidelity bond covering the plan2022-12-31$1,000,000
Total contributions received or receivable from participants2022-12-31$295,935
Expenses. Other expenses not covered elsewhere2022-12-31$373
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$3,826,560
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$3,488,846
Net plan assets at end of year (total assets less liabilities)2022-12-31$23,363,765
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$19,874,919
Assets. Value of participant loans2022-12-31$45,122
Assets. Value of employer securities2022-12-31$16,665,535
Total contributions received or receivable from employer(s)2022-12-31$102,900
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$26,791
2021 : PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$9,317
Total plan liabilities at beginning of year2021-12-31$10,003
Total income from all sources2021-12-31$7,886,169
Expenses. Total of all expenses incurred2021-12-31$185,767
Benefits paid (including direct rollovers)2021-12-31$171,951
Total plan assets at end of year2021-12-31$19,884,236
Total plan assets at beginning of year2021-12-31$12,184,520
Value of fidelity bond covering the plan2021-12-31$1,000,000
Total contributions received or receivable from participants2021-12-31$274,138
Expenses. Other expenses not covered elsewhere2021-12-31$380
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$7,563,858
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$7,700,402
Net plan assets at end of year (total assets less liabilities)2021-12-31$19,874,919
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$12,174,517
Assets. Value of participant loans2021-12-31$21,855
Assets. Value of employer securities2021-12-31$11,712,672
Total contributions received or receivable from employer(s)2021-12-31$48,173
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$13,436
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
2020 : PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$6,086,308
Total plan liabilities at end of year2020-12-31$10,003
Total plan liabilities at beginning of year2020-12-31$10,124
Total income from all sources2020-12-31$6,081,306
Expenses. Total of all expenses incurred2020-12-31$3,364
Total plan assets at end of year2020-12-31$12,184,520
Total plan assets at beginning of year2020-12-31$20,391
Value of fidelity bond covering the plan2020-12-31$300,000
Total contributions received or receivable from participants2020-12-31$60,432
Expenses. Other expenses not covered elsewhere2020-12-31$386
Other income received2020-12-31$6,020,367
Net income (gross income less expenses)2020-12-31$6,077,942
Net plan assets at end of year (total assets less liabilities)2020-12-31$12,174,517
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$10,267
Assets. Value of participant loans2020-12-31$12,123
Assets. Value of employer securities2020-12-31$5,406,000
Total contributions received or receivable from employer(s)2020-12-31$507
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$2,978
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Total plan liabilities at end of year2019-12-31$10,124
Total plan liabilities at beginning of year2019-12-31$9,973
Total income from all sources2019-12-31$-1,639,609
Expenses. Total of all expenses incurred2019-12-31$151
Total plan assets at end of year2019-12-31$20,391
Total plan assets at beginning of year2019-12-31$1,660,000
Value of fidelity bond covering the plan2019-12-31$300,000
Expenses. Other expenses not covered elsewhere2019-12-31$151
Other income received2019-12-31$-1,641,000
Net income (gross income less expenses)2019-12-31$-1,639,760
Net plan assets at end of year (total assets less liabilities)2019-12-31$10,267
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,650,027
Assets. Value of employer securities2019-12-31$19,000
Total contributions received or receivable from employer(s)2019-12-31$1,391
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Total plan liabilities at end of year2018-12-31$9,973
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$1,650,609
Expenses. Total of all expenses incurred2018-12-31$582
Total plan assets at end of year2018-12-31$1,660,000
Total plan assets at beginning of year2018-12-31$0
Value of fidelity bond covering the plan2018-12-31$300,000
Expenses. Other expenses not covered elsewhere2018-12-31$582
Other income received2018-12-31$1,650,000
Net income (gross income less expenses)2018-12-31$1,650,027
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,650,027
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$0
Assets. Value of employer securities2018-12-31$1,660,000
Total contributions received or receivable from employer(s)2018-12-31$609
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0

Form 5500 Responses for PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN

2022: PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP 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 – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP 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: PORT HARBOR MARINE EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-03-01Type of plan entitySingle employer plan
2018-03-01First time form 5500 has been submittedYes
2018-03-01Submission has been amendedNo
2018-03-01This submission is the final filingNo
2018-03-01This return/report is a short plan year return/report (less than 12 months)Yes
2018-03-01Plan is a collectively bargained planNo
2018-03-01Plan funding arrangement – TrustYes
2018-03-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number146118
Policy instance 1
Insurance contract or identification number146118
Number of Individuals Covered73
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $3,703
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees3703
Additional information about fees paid to insurance brokerTPA FEES
Insurance broker organization code?5
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number146118
Policy instance 1
Insurance contract or identification number146118
Number of Individuals Covered69
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $7,572
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees7572
Additional information about fees paid to insurance brokerTPA FEES
Insurance broker organization code?5
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number146118
Policy instance 1
Insurance contract or identification number146118
Number of Individuals Covered67
Insurance policy start date2020-11-02
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $12,821
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees12821
Additional information about fees paid to insurance brokerTPA FEES
Insurance broker organization code?5

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3