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Plan Name | OLECO, INC. 401(K) PROFIT SHARING PLAN |
Plan identification number | 002 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
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Company Name: | OLECO, INC. |
Employer identification number (EIN): | 381861040 |
NAIC Classification: | 335900 |
Additional information about OLECO, INC.
Jurisdiction of Incorporation: | New York Department of State |
Incorporation Date: | 1980-09-15 |
Company Identification Number: | 650817 |
Legal Registered Office Address: |
C/O ONONDAGA COACH CORP POB 277 / 7659 N ST ROAD AUBURN United States of America (USA) 13021 |
More information about OLECO, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
002 | 2022-01-01 | ||||
002 | 2021-01-01 | ||||
002 | 2020-01-01 | ||||
002 | 2019-01-01 | TIMOTHY W. ELLIS | 2020-07-29 | ||
002 | 2018-01-01 | TIMOTHY W. ELLIS | 2019-07-30 | ||
002 | 2017-01-01 | TIMOTHY W. ELLIS | 2018-07-23 | ||
002 | 2016-01-01 | TIMOTHY W. ELLIS | 2017-07-27 | ||
002 | 2015-01-01 | JEFFREY T. OLDS | 2016-07-12 | JEFFREY T. OLDS | 2016-07-12 |
002 | 2014-01-01 | JEFFREY T. OLDS | 2015-05-22 | JEFFREY T. OLDS | 2015-05-22 |
002 | 2013-01-01 | JEFFREY T. OLDS | 2014-07-17 | ||
002 | 2012-01-01 | JEFFREY T. OLDS | 2013-05-07 | ||
002 | 2011-01-01 | JEFFREY T. OLDS | 2012-07-17 | ||
002 | 2010-01-01 | JEFFREY T. OLDS | 2011-06-17 |
Measure | Date | Value |
---|---|---|
2022: OLECO, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership | ||
Total participants, beginning-of-year | 2022-01-01 | 252 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 240 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 39 |
Total of all active and inactive participants | 2022-01-01 | 279 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
Total participants | 2022-01-01 | 279 |
Number of participants with account balances | 2022-01-01 | 155 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 23 |
2021: OLECO, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership | ||
Total participants, beginning-of-year | 2021-01-01 | 175 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 219 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 30 |
Total of all active and inactive participants | 2021-01-01 | 249 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
Total participants | 2021-01-01 | 249 |
Number of participants with account balances | 2021-01-01 | 163 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 34 |
2020: OLECO, INC. 401(K) PROFIT SHARING PLAN 2020 401k membership | ||
Total participants, beginning-of-year | 2020-01-01 | 143 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 164 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 16 |
Total of all active and inactive participants | 2020-01-01 | 180 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 0 |
Total participants | 2020-01-01 | 180 |
Number of participants with account balances | 2020-01-01 | 90 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 0 |
Measure | Date | Value |
---|---|---|
2022 : OLECO, INC. 401(K) PROFIT SHARING PLAN 2022 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total transfer of assets to this plan | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-187,954 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $244,746 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $206,576 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $616,061 |
Value of total assets at end of year | 2022-12-31 | $5,763,816 |
Value of total assets at beginning of year | 2022-12-31 | $6,196,516 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $38,170 |
Total interest from all sources | 2022-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $202,787 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $202,787 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $225,388 |
Participant contributions at end of year | 2022-12-31 | $0 |
Participant contributions at end of year | 2022-12-31 | $5,079 |
Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $24,736 |
Administrative expenses (other) incurred | 2022-12-31 | $38,170 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-432,700 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $5,763,816 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $6,196,516 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $4,892,666 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $5,357,048 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $536,179 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $509,468 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,015,527 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $8,725 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $365,937 |
Employer contributions (assets) at end of year | 2022-12-31 | $329,892 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $330,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $206,576 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | NOVOTNY CPA GROUP PLC |
Accountancy firm EIN | 2022-12-31 | 383185476 |
2021 : OLECO, INC. 401(K) PROFIT SHARING PLAN 2021 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total transfer of assets to this plan | 2021-12-31 | $0 |
Total transfer of assets from this plan | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $987,703 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $252,921 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $205,357 |
Value of total corrective distributions | 2021-12-31 | $15,853 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $165,189 |
Value of total assets at end of year | 2021-12-31 | $5,866,516 |
Value of total assets at beginning of year | 2021-12-31 | $5,131,734 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $31,711 |
Total interest from all sources | 2021-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $331,611 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $331,611 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $103,640 |
Participant contributions at beginning of year | 2021-12-31 | $6,867 |
Other income not declared elsewhere | 2021-12-31 | $67,242 |
Administrative expenses (other) incurred | 2021-12-31 | $31,711 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $734,782 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $5,866,516 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $5,131,734 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $5,357,048 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $4,373,394 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $509,468 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $485,733 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $417,019 |
Net investment gain or loss from common/collective trusts | 2021-12-31 | $6,642 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $61,549 |
Employer contributions (assets) at end of year | 2021-12-31 | $330,000 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $265,740 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $205,357 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | NOVOTNY CPA GROUP PLC |
Accountancy firm EIN | 2021-12-31 | 383185476 |
2020 : OLECO, INC. 401(K) PROFIT SHARING PLAN 2020 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total transfer of assets from this plan | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $1,020,585 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $128,799 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $127,417 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $487,074 |
Value of total assets at end of year | 2020-12-31 | $5,131,734 |
Value of total assets at beginning of year | 2020-12-31 | $4,239,948 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $1,382 |
Total interest from all sources | 2020-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $166,875 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $166,875 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $424,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $155,372 |
Participant contributions at end of year | 2020-12-31 | $6,867 |
Administrative expenses (other) incurred | 2020-12-31 | $1,382 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $891,786 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $5,131,734 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $4,239,948 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $4,373,394 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $3,978,613 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $485,733 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $174,277 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $191,071 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $1,288 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $331,702 |
Employer contributions (assets) at end of year | 2020-12-31 | $265,740 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $261,335 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $127,417 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | Yes |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | NOVOTNY CPA GROUP, PLC |
Accountancy firm EIN | 2020-12-31 | 383185476 |
2022: OLECO, INC. 401(K) PROFIT SHARING PLAN 2022 form 5500 responses | ||
---|---|---|
2022-01-01 | Type of plan entity | Single employer plan |
2022-01-01 | Submission has been amended | No |
2022-01-01 | This submission is the final filing | No |
2022-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2022-01-01 | Plan is a collectively bargained plan | No |
2022-01-01 | Plan funding arrangement – Trust | Yes |
2022-01-01 | Plan benefit arrangement - Trust | Yes |
2021: OLECO, INC. 401(K) PROFIT SHARING PLAN 2021 form 5500 responses | ||
2021-01-01 | Type of plan entity | Single employer plan |
2021-01-01 | Submission has been amended | Yes |
2021-01-01 | This submission is the final filing | No |
2021-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2021-01-01 | Plan is a collectively bargained plan | No |
2021-01-01 | Plan funding arrangement – Trust | Yes |
2021-01-01 | Plan benefit arrangement - Trust | Yes |
2020: OLECO, INC. 401(K) PROFIT SHARING PLAN 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 – Insurance | Yes |
2020-01-01 | Plan funding arrangement – Trust | Yes |
2020-01-01 | Plan benefit arrangement – Insurance | Yes |
2020-01-01 | Plan benefit arrangement - Trust | Yes |
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 ) | |||||||||||||||||||||||||||||||||||||||||||||||||||
Policy contract number | 95015 | ||||||||||||||||||||||||||||||||||||||||||||||||||
Policy instance | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||
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