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ONETA WOODWORKS 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameONETA WOODWORKS 401(K) PROFIT SHARING PLAN
Plan identification number 001

ONETA WOODWORKS 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined 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.
  • 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.
  • 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.

401k Sponsoring company profile

ONETA DESIGN AND FABRICATION DBA ONETA WOODWORKS has sponsored the creation of one or more 401k plans.

Company Name:ONETA DESIGN AND FABRICATION DBA ONETA WOODWORKS
Employer identification number (EIN):474747019
NAIC Classification:337000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ONETA WOODWORKS 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-01-01WILLIAM DARNELL2022-06-21 WILLIAM DARNELL2022-06-21
0012020-01-01WILLIAM DARNELL2021-02-02 WILLIAM DARNELL2021-02-02
0012019-01-01ELIZABETH ALBRECHT2020-02-11 ELIZABETH ALBRECHT2020-02-11
0012018-01-01LIZ ALBRECHT2019-03-25 LIZ ALBRECHT2019-03-25

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