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AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 401k Plan overview

Plan NameAMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST
Plan identification number 001

AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.

401k Sponsoring company profile

AMERICAN SHORING, INC. has sponsored the creation of one or more 401k plans.

Company Name:AMERICAN SHORING, INC.
Employer identification number (EIN):141790413
NAIC Classification:238900

Additional information about AMERICAN SHORING, INC.

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1996-03-06
Company Identification Number: 2007093
Legal Registered Office Address: PO BOX 1133
Orange
PINE BUSH
United States of America (USA)
12566

More information about AMERICAN SHORING, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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
0012018-01-01LUDWIG BACH
0012017-01-01LUDWIG BACH
0012016-01-01LUDWIG BACH
0012015-01-01LUDWIG BACH
0012014-01-01LUDWIG BACH
0012013-01-01LUDWIG BACH

Plan Statistics for AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST

401k plan membership statisitcs for AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Measure Date Value
2022: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2022 401k membership
Total participants, beginning-of-year2022-01-0128
Total number of active participants reported on line 7a of the Form 55002022-01-0119
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-017
Total of all active and inactive participants2022-01-0126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0126
Number of participants with account balances2022-01-0123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2021 401k membership
Total participants, beginning-of-year2021-01-0135
Total number of active participants reported on line 7a of the Form 55002021-01-0121
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-017
Total of all active and inactive participants2021-01-0128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0128
Number of participants with account balances2021-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2020 401k membership
Total participants, beginning-of-year2020-01-0132
Total number of active participants reported on line 7a of the Form 55002020-01-0124
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-018
Total of all active and inactive participants2020-01-0132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0132
Number of participants with account balances2020-01-0125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-0130
Total number of active participants reported on line 7a of the Form 55002019-01-0123
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-018
Total of all active and inactive participants2019-01-0131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0131
Number of participants with account balances2019-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2018 401k membership
Total participants, beginning-of-year2018-01-0130
Total number of active participants reported on line 7a of the Form 55002018-01-0123
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-015
Total of all active and inactive participants2018-01-0128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0128
Number of participants with account balances2018-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2017 401k membership
Total participants, beginning-of-year2017-01-0128
Total number of active participants reported on line 7a of the Form 55002017-01-0125
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-014
Total of all active and inactive participants2017-01-0129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0129
Number of participants with account balances2017-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-0122
Total number of active participants reported on line 7a of the Form 55002016-01-0125
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-013
Total of all active and inactive participants2016-01-0128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0128
Number of participants with account balances2016-01-0121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-0127
Total number of active participants reported on line 7a of the Form 55002015-01-0120
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-011
Total of all active and inactive participants2015-01-0121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0121
Number of participants with account balances2015-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-0125
Total number of active participants reported on line 7a of the Form 55002014-01-0123
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-0123
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0123
Number of participants with account balances2014-01-0119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-0127
Total number of active participants reported on line 7a of the Form 55002013-01-0125
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-011
Total of all active and inactive participants2013-01-0126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0126
Number of participants with account balances2013-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011

Financial Data on AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Measure Date Value
2022 : AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2022 401k financial data
Total plan liabilities at end of year2022-12-31$733
Total plan liabilities at beginning of year2022-12-31$710
Total income from all sources2022-12-31$16,878
Expenses. Total of all expenses incurred2022-12-31$29,136
Benefits paid (including direct rollovers)2022-12-31$28,961
Total plan assets at end of year2022-12-31$2,029,715
Total plan assets at beginning of year2022-12-31$2,041,950
Value of fidelity bond covering the plan2022-12-31$385,000
Total contributions received or receivable from participants2022-12-31$175,045
Other income received2022-12-31$-234,901
Net income (gross income less expenses)2022-12-31$-12,258
Net plan assets at end of year (total assets less liabilities)2022-12-31$2,028,982
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$2,041,240
Assets. Value of participant loans2022-12-31$18,944
Total contributions received or receivable from employer(s)2022-12-31$76,734
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$175
2021 : AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2021 401k financial data
Total plan liabilities at end of year2021-12-31$710
Total plan liabilities at beginning of year2021-12-31$710
Total income from all sources2021-12-31$446,048
Expenses. Total of all expenses incurred2021-12-31$53,083
Benefits paid (including direct rollovers)2021-12-31$52,833
Total plan assets at end of year2021-12-31$2,041,950
Total plan assets at beginning of year2021-12-31$1,648,985
Value of fidelity bond covering the plan2021-12-31$385,000
Total contributions received or receivable from participants2021-12-31$159,162
Contributions received from other sources (not participants or employers)2021-12-31$75,008
Other income received2021-12-31$142,331
Net income (gross income less expenses)2021-12-31$392,965
Net plan assets at end of year (total assets less liabilities)2021-12-31$2,041,240
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$1,648,275
Assets. Value of participant loans2021-12-31$27,109
Total contributions received or receivable from employer(s)2021-12-31$69,547
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$250
2020 : AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2020 401k financial data
Total plan liabilities at end of year2020-12-31$710
Total plan liabilities at beginning of year2020-12-31$127
Total income from all sources2020-12-31$360,109
Expenses. Total of all expenses incurred2020-12-31$49,931
Benefits paid (including direct rollovers)2020-12-31$49,706
Total plan assets at end of year2020-12-31$1,648,985
Total plan assets at beginning of year2020-12-31$1,338,224
Value of fidelity bond covering the plan2020-12-31$385,000
Total contributions received or receivable from participants2020-12-31$154,346
Other income received2020-12-31$132,774
Net income (gross income less expenses)2020-12-31$310,178
Net plan assets at end of year (total assets less liabilities)2020-12-31$1,648,275
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$1,338,097
Assets. Value of participant loans2020-12-31$36,224
Total contributions received or receivable from employer(s)2020-12-31$72,989
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$225
2019 : AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2019 401k financial data
Total plan liabilities at end of year2019-12-31$127
Total plan liabilities at beginning of year2019-12-31$116
Total income from all sources2019-12-31$320,603
Expenses. Total of all expenses incurred2019-12-31$213,852
Benefits paid (including direct rollovers)2019-12-31$213,457
Total plan assets at end of year2019-12-31$1,338,224
Total plan assets at beginning of year2019-12-31$1,231,462
Value of fidelity bond covering the plan2019-12-31$385,000
Total contributions received or receivable from participants2019-12-31$140,569
Other income received2019-12-31$110,300
Net income (gross income less expenses)2019-12-31$106,751
Net plan assets at end of year (total assets less liabilities)2019-12-31$1,338,097
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,231,346
Assets. Value of participant loans2019-12-31$41,509
Total contributions received or receivable from employer(s)2019-12-31$69,734
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$395
2018 : AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2018 401k financial data
Total plan liabilities at end of year2018-12-31$116
Total plan liabilities at beginning of year2018-12-31$1,554
Total income from all sources2018-12-31$196,936
Expenses. Total of all expenses incurred2018-12-31$130,170
Benefits paid (including direct rollovers)2018-12-31$129,945
Total plan assets at end of year2018-12-31$1,231,462
Total plan assets at beginning of year2018-12-31$1,166,134
Value of fidelity bond covering the plan2018-12-31$100,000
Total contributions received or receivable from participants2018-12-31$140,056
Other income received2018-12-31$-21,974
Net income (gross income less expenses)2018-12-31$66,766
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,231,346
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,164,580
Assets. Value of participant loans2018-12-31$12,938
Total contributions received or receivable from employer(s)2018-12-31$78,854
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$225
2017 : AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2017 401k financial data
Total plan liabilities at end of year2017-12-31$1,554
Total plan liabilities at beginning of year2017-12-31$2,164
Total income from all sources2017-12-31$233,597
Expenses. Total of all expenses incurred2017-12-31$38,290
Benefits paid (including direct rollovers)2017-12-31$37,945
Total plan assets at end of year2017-12-31$1,166,134
Total plan assets at beginning of year2017-12-31$971,437
Value of fidelity bond covering the plan2017-12-31$100,000
Total contributions received or receivable from participants2017-12-31$128,999
Other income received2017-12-31$44,729
Net income (gross income less expenses)2017-12-31$195,307
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,164,580
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$969,273
Assets. Value of participant loans2017-12-31$20,664
Total contributions received or receivable from employer(s)2017-12-31$59,869
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$345
2016 : AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2016 401k financial data
Total plan liabilities at end of year2016-12-31$2,164
Total income from all sources2016-12-31$208,119
Expenses. Total of all expenses incurred2016-12-31$270
Total plan assets at end of year2016-12-31$971,437
Total plan assets at beginning of year2016-12-31$761,424
Value of fidelity bond covering the plan2016-12-31$100,000
Total contributions received or receivable from participants2016-12-31$132,961
Other income received2016-12-31$15,004
Net income (gross income less expenses)2016-12-31$207,849
Net plan assets at end of year (total assets less liabilities)2016-12-31$969,273
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$761,424
Assets. Value of participant loans2016-12-31$9,229
Total contributions received or receivable from employer(s)2016-12-31$60,154
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$270
2015 : AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2015 401k financial data
Total plan liabilities at beginning of year2015-12-31$1,257
Total income from all sources2015-12-31$192,075
Expenses. Total of all expenses incurred2015-12-31$80,681
Benefits paid (including direct rollovers)2015-12-31$80,481
Total plan assets at end of year2015-12-31$761,424
Total plan assets at beginning of year2015-12-31$651,287
Value of fidelity bond covering the plan2015-12-31$100,000
Total contributions received or receivable from participants2015-12-31$132,470
Other income received2015-12-31$-1,304
Net income (gross income less expenses)2015-12-31$111,394
Net plan assets at end of year (total assets less liabilities)2015-12-31$761,424
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$650,030
Assets. Value of participant loans2015-12-31$3,065
Total contributions received or receivable from employer(s)2015-12-31$60,909
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$200
2014 : AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2014 401k financial data
Total plan liabilities at end of year2014-12-31$1,257
Total income from all sources2014-12-31$192,193
Expenses. Total of all expenses incurred2014-12-31$5,981
Benefits paid (including direct rollovers)2014-12-31$5,153
Total plan assets at end of year2014-12-31$651,287
Total plan assets at beginning of year2014-12-31$463,818
Total contributions received or receivable from participants2014-12-31$128,059
Other income received2014-12-31$8,402
Net income (gross income less expenses)2014-12-31$186,212
Net plan assets at end of year (total assets less liabilities)2014-12-31$650,030
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$463,818
Assets. Value of participant loans2014-12-31$3,857
Total contributions received or receivable from employer(s)2014-12-31$55,732
Value of corrective distributions2014-12-31$633
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$195
2013 : AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2013 401k financial data
Transfers to/from the plan2013-12-31$268,283
Total income from all sources2013-12-31$195,535
Expenses. Total of all expenses incurred2013-12-31$0
Total plan assets at end of year2013-12-31$463,818
Total plan assets at beginning of year2013-12-31$0
Total contributions received or receivable from participants2013-12-31$128,374
Other income received2013-12-31$9,125
Net income (gross income less expenses)2013-12-31$195,535
Net plan assets at end of year (total assets less liabilities)2013-12-31$463,818
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$0
Total contributions received or receivable from employer(s)2013-12-31$58,036

Form 5500 Responses for AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST

2022: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedYes
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 – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: AMERICAN SHORING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01First time form 5500 has been submittedYes
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 – TrustYes
2013-01-01Plan benefit arrangement - TrustYes

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