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QUALITY CRAFT, INC. 401K PLAN 401k Plan overview

Plan NameQUALITY CRAFT, INC. 401K PLAN
Plan identification number 001

QUALITY CRAFT, INC. 401K 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.
  • 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.
  • 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

QUALITY CRAFT, INC. has sponsored the creation of one or more 401k plans.

Company Name:QUALITY CRAFT, INC.
Employer identification number (EIN):363720812
NAIC Classification:236110

Form 5500 Filing Information

Submission information for form 5500 for 401k plan QUALITY CRAFT, INC. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-01-01PATRICK FERRY2018-09-14
0012014-01-01GARY A SKOTT2015-04-15 GARY A SKOTT2015-04-15
0012013-01-01GARY A SKOTT2014-07-10
0012012-01-01GARY A SKOTT2013-06-18
0012011-01-01GARY SKOTT
0012010-01-01GARY SKOTT
0012009-01-01GARY SKOTT

Financial Data on QUALITY CRAFT, INC. 401K PLAN

Measure Date Value
2011 : QUALITY CRAFT, INC. 401K PLAN 2011 401k financial data
Total income from all sources2011-12-31$32,573
Expenses. Total of all expenses incurred2011-12-31$492
Total plan assets at end of year2011-12-31$606,375
Total plan assets at beginning of year2011-12-31$574,294
Value of fidelity bond covering the plan2011-12-31$60,000
Total contributions received or receivable from participants2011-12-31$50,357
Other income received2011-12-31$-17,784
Net income (gross income less expenses)2011-12-31$32,081
Net plan assets at end of year (total assets less liabilities)2011-12-31$606,375
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$574,294
Assets. Value of participant loans2011-12-31$11,713
Value of corrective distributions2011-12-31$292
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$200
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : QUALITY CRAFT, INC. 401K PLAN 2010 401k financial data
Total income from all sources2010-12-31$117,328
Expenses. Total of all expenses incurred2010-12-31$52,087
Benefits paid (including direct rollovers)2010-12-31$51,937
Total plan assets at end of year2010-12-31$574,294
Total plan assets at beginning of year2010-12-31$509,053
Value of fidelity bond covering the plan2010-12-31$20,000
Total contributions received or receivable from participants2010-12-31$49,839
Contributions received from other sources (not participants or employers)2010-12-31$18
Other income received2010-12-31$67,471
Net income (gross income less expenses)2010-12-31$65,241
Net plan assets at end of year (total assets less liabilities)2010-12-31$574,294
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$509,053
Assets. Value of participant loans2010-12-31$8,859
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$150
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : QUALITY CRAFT, INC. 401K PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for QUALITY CRAFT, INC. 401K PLAN

2011: QUALITY CRAFT, INC. 401K 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 benefit arrangement – InsuranceYes
2010: QUALITY CRAFT, INC. 401K PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan benefit arrangement – InsuranceYes
2009: QUALITY CRAFT, INC. 401K 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 benefit arrangement – InsuranceYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberGH5333
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberGH5333
Policy instance 1

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