?>
Logo

KELMANN CORP. 401(K) PROFIT SHARING PLAN AND TRUST 401k Plan overview

Plan NameKELMANN CORP. 401(K) PROFIT SHARING PLAN AND TRUST
Plan identification number 001

KELMANN CORP. 401(K) PROFIT SHARING PLAN AND TRUST 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.
  • 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

KELMANN CORP. has sponsored the creation of one or more 401k plans.

Company Name:KELMANN CORP.
Employer identification number (EIN):391415612
NAIC Classification:238300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan KELMANN CORP. 401(K) PROFIT SHARING PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01THOMAS KELLY2023-08-28
0012021-01-01THOMAS KELLY2022-05-03
0012020-01-01THOMAS KELLY2021-05-06
0012019-01-01
0012018-01-01THOMAS KELLY
0012017-01-01
0012016-01-01JEROME P. KELLY2017-04-27
0012015-01-01JEROME P. KELLY2016-09-12
0012014-01-01WENDY POLLEY2015-10-12
0012014-01-01WENDY POLLEY2015-10-12
0012013-01-01JEROME P. KELLY2014-06-25
0012012-01-01JEROME P. KELLY2013-05-13
0012011-01-01JEROME P. KELLY2012-06-18 JEROME P. KELLY2012-06-18
0012010-01-01JEROME P. KELLY2011-04-25

Plan Statistics for KELMANN CORP. 401(K) PROFIT SHARING PLAN AND TRUST

401k plan membership statisitcs for KELMANN CORP. 401(K) PROFIT SHARING PLAN AND TRUST

Measure Date Value
2019: KELMANN CORP. 401(K) PROFIT SHARING PLAN AND TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-0171
Total number of active participants reported on line 7a of the Form 55002019-01-0172
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-012
Total of all active and inactive participants2019-01-0174
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0174
Number of participants with account balances2019-01-0151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-012
2018: KELMANN CORP. 401(K) PROFIT SHARING PLAN AND TRUST 2018 401k membership
Total participants, beginning-of-year2018-01-0146
Total number of active participants reported on line 7a of the Form 55002018-01-0166
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-014
Total of all active and inactive participants2018-01-0170
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-011
Total participants2018-01-0171
Number of participants with account balances2018-01-0145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-013

Financial Data on KELMANN CORP. 401(K) PROFIT SHARING PLAN AND TRUST

Measure Date Value
2019 : KELMANN CORP. 401(K) PROFIT SHARING PLAN AND TRUST 2019 401k financial data
Total income from all sources2019-12-31$721,524
Expenses. Total of all expenses incurred2019-12-31$628,236
Benefits paid (including direct rollovers)2019-12-31$607,185
Total plan assets at end of year2019-12-31$2,477,503
Total plan assets at beginning of year2019-12-31$2,384,215
Value of fidelity bond covering the plan2019-12-31$250,000
Total contributions received or receivable from participants2019-12-31$272,914
Contributions received from other sources (not participants or employers)2019-12-31$47,765
Other income received2019-12-31$383,331
Net income (gross income less expenses)2019-12-31$93,288
Net plan assets at end of year (total assets less liabilities)2019-12-31$2,477,503
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$2,384,215
Assets. Value of participant loans2019-12-31$35,406
Total contributions received or receivable from employer(s)2019-12-31$17,514
Value of corrective distributions2019-12-31$2,914
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$18,137
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : KELMANN CORP. 401(K) PROFIT SHARING PLAN AND TRUST 2018 401k financial data
Total income from all sources2018-12-31$219,591
Expenses. Total of all expenses incurred2018-12-31$612,043
Benefits paid (including direct rollovers)2018-12-31$604,687
Total plan assets at end of year2018-12-31$2,384,215
Total plan assets at beginning of year2018-12-31$2,776,667
Value of fidelity bond covering the plan2018-12-31$1,750,000
Total contributions received or receivable from participants2018-12-31$241,812
Other income received2018-12-31$-37,095
Net income (gross income less expenses)2018-12-31$-392,452
Net plan assets at end of year (total assets less liabilities)2018-12-31$2,384,215
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$2,776,667
Assets. Value of participant loans2018-12-31$7,856
Total contributions received or receivable from employer(s)2018-12-31$14,874
Value of corrective distributions2018-12-31$910
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$6,446
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0

Form 5500 Responses for KELMANN CORP. 401(K) PROFIT SHARING PLAN AND TRUST

2019: KELMANN CORP. 401(K) PROFIT SHARING PLAN AND TRUST 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: KELMANN CORP. 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 – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number135255
Policy instance 1
Insurance contract or identification number135255
Number of Individuals Covered51
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $8,717
Total amount of fees paid to insurance companyUSD $4,269
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $8,717
Insurance broker organization code?3
Amount paid for insurance broker fees4269
Additional information about fees paid to insurance brokerTPA FEES
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number135255
Policy instance 1
Insurance contract or identification number135255
Number of Individuals Covered48
Insurance policy start date2018-09-05
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $2,448
Total amount of fees paid to insurance companyUSD $5,992
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees5992
Additional information about fees paid to insurance brokerTPA FEES
Insurance broker organization code?5
Commission paid to Insurance BrokerUSD $2,448

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3