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ICS PENETRON INTERNATIONAL, LTD. PROFIT SHARING PLAN 401k Plan overview

Plan NameICS PENETRON INTERNATIONAL, LTD. PROFIT SHARING PLAN
Plan identification number 002

ICS PENETRON INTERNATIONAL, LTD. 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
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ICS PENETRON INTERNATIONAL, LTD has sponsored the creation of one or more 401k plans.

Company Name:ICS PENETRON INTERNATIONAL, LTD
Employer identification number (EIN):113065434
NAIC Classification:423990
NAIC Description:Other Miscellaneous Durable Goods Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ICS PENETRON INTERNATIONAL, LTD. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01ROBERT REVERA2023-07-20
0022021-01-01ROBERT REVERA2022-10-05
0022021-01-01ROBERT REVERA2022-10-05
0022020-01-01ROBERT REVERA2021-10-13
0022019-01-01ROBERT REVERA2020-10-01

Plan Statistics for ICS PENETRON INTERNATIONAL, LTD. PROFIT SHARING PLAN

401k plan membership statisitcs for ICS PENETRON INTERNATIONAL, LTD. PROFIT SHARING PLAN

Measure Date Value
2022: ICS PENETRON INTERNATIONAL, LTD. PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-10-0530
Total number of particpants at end of year2022-10-0530
Number of Participants With Account Balances2022-10-0528

Financial Data on ICS PENETRON INTERNATIONAL, LTD. PROFIT SHARING PLAN

Measure Date Value
2022 : ICS PENETRON INTERNATIONAL, LTD. PROFIT SHARING PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-10-050
Total liabilities as of the end of the plan year2022-10-050
Total liabilities as of the beginning of the plan year2022-10-050
Total expenses incurred by plan in this plan year2022-10-0529154
Net assets as of the end of the plan year2022-10-052300871
Total assets as of the beginning of the plan year2022-10-051989146
Value of plan covered by a fidelity bond2022-10-05100000
Participant contributions to plan in this plan year2022-10-050
Value of participant loans at end of plan year2022-10-05860
Other expenses paid from plan in this plan year2022-10-050
Other contributions to plan in this plan year2022-10-050
Other income to plan in this plan year2022-10-05174211
Plan net income in this plan year2022-10-05311725
Net assets as of the end of the plan year2022-10-052300871
Net assets as of the beginning of the plan year2022-10-051989146
Employer contributions to plan in this plan year2022-10-05166668
Fees paid to broker by Benefit Provider2022-10-0510830
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-05569

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