401k Plan data: TRADITIONS LATH & STUCCO, INC. 401(K) PLAN plan

TRADITIONS LATH & STUCCO, INC. 401(K) PLAN 401k Plan overview

Plan Name	TRADITIONS LATH & STUCCO, INC. 401(K) PLAN
Plan identification number	001

TRADITIONS LATH & STUCCO, INC. 401(K) PLAN 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.
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.

401k Sponsoring company profile

TRADITIONAS LATH & STUCCO, INC. has sponsored the creation of one or more 401k plans.

Company Name: TRADITIONAS LATH & STUCCO, INC.

Employer identification number (EIN): 465068024

NAIC Classification: 236110

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TRADITIONS LATH & STUCCO, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01

Plan Statistics for TRADITIONS LATH & STUCCO, INC. 401(K) PLAN

401k plan membership statisitcs for TRADITIONS LATH & STUCCO, INC. 401(K) PLAN

Measure Date Value
2022: TRADITIONS LATH & STUCCO, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 377
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 531
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 1
Total of all active and inactive participants 2022-01-01 532
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 532
Number of participants with account balances 2022-01-01 10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: TRADITIONS LATH & STUCCO, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 233
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 375
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 2
Total of all active and inactive participants 2021-01-01 377
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 377
Number of participants with account balances 2021-01-01 10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0

Measure	Date	Value
2022: TRADITIONS LATH & STUCCO, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	377
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	531
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	1
Total of all active and inactive participants	2022-01-01	532
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	532
Number of participants with account balances	2022-01-01	10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: TRADITIONS LATH & STUCCO, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	233
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	375
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	2
Total of all active and inactive participants	2021-01-01	377
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	377
Number of participants with account balances	2021-01-01	10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0

Financial Data on TRADITIONS LATH & STUCCO, INC. 401(K) PLAN

Measure	Date	Value
2022 : TRADITIONS LATH & STUCCO, INC. 401(K) PLAN 2022 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$2,440
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$3,231
Total income from all sources (including contributions)	2022-12-31	$45,672
Total of all expenses incurred	2022-12-31	$11,886
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$10,583
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$55,576
Value of total assets at end of year	2022-12-31	$95,078
Value of total assets at beginning of year	2022-12-31	$62,083
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$1,303
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$10,000
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	$33,381
Participant contributions at end of year	2022-12-31	$12
Participant contributions at beginning of year	2022-12-31	$258
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2022-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2022-12-31	$2,440
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2022-12-31	$3,231
Administrative expenses (other) incurred	2022-12-31	$1,303
Total non interest bearing cash at end of year	2022-12-31	$14,724
Total non interest bearing cash at beginning of year	2022-12-31	$13,626
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	$33,786
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$92,638
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$58,852
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 pooled separate accounts at end of year	2022-12-31	$80,342
Value of interest in pooled separate accounts at beginning of year	2022-12-31	$48,082
Net investment gain/loss from pooled separate accounts	2022-12-31	$-9,904
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	Yes
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	$22,195
Employer contributions (assets) at beginning of year	2022-12-31	$117
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$10,583
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	METZ & ASSOCIATES, PLLC
Accountancy firm EIN	2022-12-31	464558541
2021 : TRADITIONS LATH & STUCCO, INC. 401(K) PLAN 2021 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$3,231
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$874
Expenses. Interest paid	2021-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$21,675
Total of all expenses incurred	2021-12-31	$31,592
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$31,592
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$14,197
Value of total assets at end of year	2021-12-31	$62,083
Value of total assets at beginning of year	2021-12-31	$69,643
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$7,478
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	$7,478
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$10,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$9,928
Participant contributions at end of year	2021-12-31	$258
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2021-12-31	$1,034
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2021-12-31	$3,231
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2021-12-31	$874
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	$-9,917
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$58,852
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$68,769
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 pooled separate accounts at end of year	2021-12-31	$48,082
Value of interest in pooled separate accounts at beginning of year	2021-12-31	$69,643
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$13,626
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	Yes
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	$4,269
Employer contributions (assets) at end of year	2021-12-31	$117
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$30,558
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	METZ & ASSOCIATES, PLLC
Accountancy firm EIN	2021-12-31	464558541

Form 5500 Responses for TRADITIONS LATH & STUCCO, INC. 401(K) PLAN

2022: TRADITIONS LATH & STUCCO, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: TRADITIONS LATH & STUCCO, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

141842

Policy instance

Insurance contract or identification number	141842
Total amount of commissions paid to insurance broker	USD $383
Total amount of fees paid to insurance company	USD $30
Commission paid to Insurance Broker	USD $383
Insurance broker organization code?	4
Amount paid for insurance broker fees	30

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

141842

Policy instance

Insurance contract or identification number	141842
Number of Individuals Covered	10
Total amount of commissions paid to insurance broker	USD $300
Total amount of fees paid to insurance company	USD $23
Commission paid to Insurance Broker	USD $300
Additional information about fees paid to insurance broker	BROKER COMMISSION
Insurance broker organization code?	4
Amount paid for insurance broker fees	23

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Company Name:	TRADITIONAS LATH & STUCCO, INC.
Employer identification number (EIN):	465068024
NAIC Classification:	236110