?>
Logo

CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameCORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN
Plan identification number 001

CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • 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.
  • 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

AMERICAN BAG & BURLAP CO. has sponsored the creation of one or more 401k plans.

Company Name:AMERICAN BAG & BURLAP CO.
Employer identification number (EIN):041026420
NAIC Classification:339900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01JULIE E. CORMAN JULIE E. CORMAN2014-09-17
0012012-01-01JULIE CORMAN JULIE CORMAN2013-09-17
0012011-01-01JULIE E. CORMAN JULIE E. CORMAN2012-07-30
0012009-01-01JULIE CORMAN JULIE CORMAN2010-07-30

Plan Statistics for CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN

Measure Date Value
2013: CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0112
Total number of active participants reported on line 7a of the Form 55002013-01-0111
Total of all active and inactive participants2013-01-0111
Total participants2013-01-0111
Number of participants with account balances2013-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0111
Total number of active participants reported on line 7a of the Form 55002012-01-0111
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0111
Number of participants with account balances2012-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0111
Total number of active participants reported on line 7a of the Form 55002011-01-0111
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0111
Number of participants with account balances2011-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0111
Total number of active participants reported on line 7a of the Form 55002009-01-0111
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0111
Number of participants with account balances2009-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN

Measure Date Value
2013 : CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$266,890
Expenses. Total of all expenses incurred2013-12-31$10,850
Benefits paid (including direct rollovers)2013-12-31$10,850
Total plan assets at end of year2013-12-31$1,348,367
Total plan assets at beginning of year2013-12-31$1,092,327
Value of fidelity bond covering the plan2013-12-31$100,000
Total contributions received or receivable from participants2013-12-31$45,108
Contributions received from other sources (not participants or employers)2013-12-31$8,713
Other income received2013-12-31$166,982
Net income (gross income less expenses)2013-12-31$256,040
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,348,367
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,092,327
Total contributions received or receivable from employer(s)2013-12-31$46,087
2012 : CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$197,198
Expenses. Total of all expenses incurred2012-12-31$75,744
Benefits paid (including direct rollovers)2012-12-31$75,744
Total plan assets at end of year2012-12-31$1,092,327
Total plan assets at beginning of year2012-12-31$970,873
Value of fidelity bond covering the plan2012-12-31$100,000
Total contributions received or receivable from participants2012-12-31$44,683
Other income received2012-12-31$127,775
Net income (gross income less expenses)2012-12-31$121,454
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,092,327
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$970,873
Total contributions received or receivable from employer(s)2012-12-31$24,740
2011 : CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$28,775
Expenses. Total of all expenses incurred2011-12-31$46,130
Benefits paid (including direct rollovers)2011-12-31$46,130
Total plan assets at end of year2011-12-31$970,873
Total plan assets at beginning of year2011-12-31$988,228
Value of fidelity bond covering the plan2011-12-31$100,000
Total contributions received or receivable from participants2011-12-31$40,875
Other income received2011-12-31$-30,945
Net income (gross income less expenses)2011-12-31$-17,355
Net plan assets at end of year (total assets less liabilities)2011-12-31$970,873
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$988,228
Total contributions received or receivable from employer(s)2011-12-31$18,845
2010 : CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$212,667
Expenses. Total of all expenses incurred2010-12-31$13,147
Benefits paid (including direct rollovers)2010-12-31$13,147
Total plan assets at end of year2010-12-31$988,228
Total plan assets at beginning of year2010-12-31$788,708
Value of fidelity bond covering the plan2010-12-31$100,000
Total contributions received or receivable from participants2010-12-31$43,120
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$106,689
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$199,520
Net plan assets at end of year (total assets less liabilities)2010-12-31$988,228
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$788,708
Total contributions received or receivable from employer(s)2010-12-31$62,858
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0

Form 5500 Responses for CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN

2013: CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: CORMAN BAG COMPANY 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

AMERICAN GENERAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60488 )
Policy contract numberB1950
Policy instance 1
Insurance contract or identification numberB1950
Number of Individuals Covered2
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $157
Are there contracts with allocated funds for individual policies?Yes
Amount paid for insurance broker fees157
Insurance broker organization code?0
Insurance broker nameAMERICAN GENERAL
AMERICAN GENERAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60488 )
Policy contract numberB1950
Policy instance 1
Insurance contract or identification numberB1950
Number of Individuals Covered2
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $148
Are there contracts with allocated funds for individual policies?Yes
Amount paid for insurance broker fees148
Additional information about fees paid to insurance brokerADMIN FEES
Insurance broker organization code?0
Insurance broker nameAMERICAN GENERAL
AMERICAN GENERAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60488 )
Policy contract numberB1950
Policy instance 1
Insurance contract or identification numberB1950
Number of Individuals Covered2
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number45630
Policy instance 2
Insurance contract or identification number45630
Insurance policy start date2011-01-01
Insurance policy end date2011-10-03
Total amount of commissions paid to insurance brokerUSD $913
Total amount of fees paid to insurance companyUSD $25
Are there contracts with allocated funds for types other than group deferred annuity or individual?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Other information about contractPSA
AMERICAN GENERAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60488 )
Policy contract numberB1950
Policy instance 1
Insurance contract or identification numberB1950
Number of Individuals Covered2
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number45630
Policy instance 2
Insurance contract or identification number45630
Number of Individuals Covered11
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $1,006
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Amount paid for insurance broker fees1006
Additional information about fees paid to insurance brokerBROKER COMMISSION
Insurance broker organization code?6
Insurance broker nameSIGNATOR INSURANCE AGENCY, INC.

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