401k Plan data: RUSSELL EQUIPMENT COMPANY, INC. 401K PROFIT SHARING PLAN & TRUST plan

RUSSELL EQUIPMENT COMPANY, INC. 401K PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan Name	RUSSELL EQUIPMENT COMPANY, INC. 401K PROFIT SHARING PLAN & TRUST
Plan identification number	003

RUSSELL EQUIPMENT COMPANY, INC. 401K PROFIT SHARING PLAN & TRUST Benefits

401k Plan Type

Defined 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.
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.
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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

RUSSELL EQUIPMENT COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name: RUSSELL EQUIPMENT COMPANY, INC.

Employer identification number (EIN): 341378926

NAIC Classification: 423990
NAIC Description: Other Miscellaneous Durable Goods Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RUSSELL EQUIPMENT COMPANY, INC. 401K PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2020-01-01
003 2019-01-01
003 2018-01-01
003 2017-01-01
003 2016-01-01
003 2015-01-01 MICHAEL RUSSELL 2016-10-12
003 2014-01-01 MICHAEL RUSSELL 2015-10-12
003 2013-01-01 MICHAEL RUSSELL 2014-10-10
003 2012-01-01 KATHLEEN RUSSELL 2013-10-04
003 2011-01-01 KATHLEEN RUSSELL 2012-09-11
003 2010-01-01 KATHLEEN RUSSELL 2011-03-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
003	2020-01-01
003	2019-01-01
003	2018-01-01
003	2017-01-01
003	2016-01-01
003	2015-01-01	MICHAEL RUSSELL	2016-10-12
003	2014-01-01	MICHAEL RUSSELL	2015-10-12
003	2013-01-01	MICHAEL RUSSELL	2014-10-10
003	2012-01-01	KATHLEEN RUSSELL	2013-10-04
003	2011-01-01	KATHLEEN RUSSELL	2012-09-11
003	2010-01-01	KATHLEEN RUSSELL	2011-03-14

Financial Data on RUSSELL EQUIPMENT COMPANY, INC. 401K PROFIT SHARING PLAN & TRUST

Measure	Date	Value
2020 : RUSSELL EQUIPMENT COMPANY, INC. 401K PROFIT SHARING PLAN & TRUST 2020 401k financial data
Transfers to/from the plan	2020-12-31	$0
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$479,152
Expenses. Total of all expenses incurred	2020-12-31	$1,143,898
Benefits paid (including direct rollovers)	2020-12-31	$1,131,733
Total plan assets at end of year	2020-12-31	$2,708,352
Total plan assets at beginning of year	2020-12-31	$3,373,098
Value of fidelity bond covering the plan	2020-12-31	$500,000
Total contributions received or receivable from participants	2020-12-31	$244,405
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$6,984
Other income received	2020-12-31	$227,763
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$-664,746
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$2,708,352
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$3,373,098
Total contributions received or receivable from employer(s)	2020-12-31	$0
Value of certain deemed distributions of participant loans	2020-12-31	$0
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$12,165
2019 : RUSSELL EQUIPMENT COMPANY, INC. 401K PROFIT SHARING PLAN & TRUST 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$830,544
Expenses. Total of all expenses incurred	2019-12-31	$325,139
Benefits paid (including direct rollovers)	2019-12-31	$312,361
Total plan assets at end of year	2019-12-31	$3,373,098
Total plan assets at beginning of year	2019-12-31	$2,867,693
Value of fidelity bond covering the plan	2019-12-31	$500,000
Total contributions received or receivable from participants	2019-12-31	$238,253
Expenses. Other expenses not covered elsewhere	2019-12-31	$0
Contributions received from other sources (not participants or employers)	2019-12-31	$0
Other income received	2019-12-31	$481,569
Noncash contributions received	2019-12-31	$0
Net income (gross income less expenses)	2019-12-31	$505,405
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$3,373,098
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$2,867,693
Total contributions received or receivable from employer(s)	2019-12-31	$110,722
Value of certain deemed distributions of participant loans	2019-12-31	$0
Value of corrective distributions	2019-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$12,778
2018 : RUSSELL EQUIPMENT COMPANY, INC. 401K PROFIT SHARING PLAN & TRUST 2018 401k financial data
Transfers to/from the plan	2018-12-31	$819,748
Total plan liabilities at end of year	2018-12-31	$0
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$104,950
Expenses. Total of all expenses incurred	2018-12-31	$77,759
Benefits paid (including direct rollovers)	2018-12-31	$73,848
Total plan assets at end of year	2018-12-31	$2,867,693
Total plan assets at beginning of year	2018-12-31	$2,020,754
Value of fidelity bond covering the plan	2018-12-31	$500,000
Total contributions received or receivable from participants	2018-12-31	$160,646
Expenses. Other expenses not covered elsewhere	2018-12-31	$0
Contributions received from other sources (not participants or employers)	2018-12-31	$20,670
Other income received	2018-12-31	$-180,388
Noncash contributions received	2018-12-31	$0
Net income (gross income less expenses)	2018-12-31	$27,191
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$2,867,693
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$2,020,754
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2018-12-31	$0
Total contributions received or receivable from employer(s)	2018-12-31	$104,022
Value of certain deemed distributions of participant loans	2018-12-31	$0
Value of corrective distributions	2018-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$3,911

Form 5500 Responses for RUSSELL EQUIPMENT COMPANY, INC. 401K PROFIT SHARING PLAN & TRUST

2020: RUSSELL EQUIPMENT COMPANY, INC. 401K PROFIT SHARING PLAN & TRUST 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: RUSSELL EQUIPMENT COMPANY, INC. 401K PROFIT SHARING PLAN & TRUST 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: RUSSELL EQUIPMENT COMPANY, INC. 401K PROFIT SHARING PLAN & TRUST 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	RUSSELL EQUIPMENT COMPANY, INC.
Employer identification number (EIN):	341378926
NAIC Classification:	423990
NAIC Description:	Other Miscellaneous Durable Goods Merchant Wholesalers