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BLUE WATER CABINETRY, LLC 401(K) PLAN 401k Plan overview

Plan NameBLUE WATER CABINETRY, LLC 401(K) PLAN
Plan identification number 001

BLUE WATER CABINETRY, LLC 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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

BLUE WATER CABINETRY, LLC has sponsored the creation of one or more 401k plans.

Company Name:BLUE WATER CABINETRY, LLC
Employer identification number (EIN):522315825
NAIC Classification:238300

Additional information about BLUE WATER CABINETRY, LLC

Jurisdiction of Incorporation: Maryland Secretary of State
Incorporation Date:
Company Identification Number: W06181598

More information about BLUE WATER CABINETRY, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BLUE WATER CABINETRY, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012012-01-01KARL ALBERT2012-09-06
0012011-01-01KARL ALBERT2012-08-24
0012010-01-01KARL ALBERT2011-09-28
0012008-01-01JAMES POOLE

Plan Statistics for BLUE WATER CABINETRY, LLC 401(K) PLAN

401k plan membership statisitcs for BLUE WATER CABINETRY, LLC 401(K) PLAN

Measure Date Value
2008: BLUE WATER CABINETRY, LLC 401(K) PLAN 2008 401k membership
Total participants, beginning-of-year2008-01-0121
Total number of active participants reported on line 7a of the Form 55002008-01-018
Number of retired or separated participants receiving benefits2008-01-012
Number of other retired or separated participants entitled to future benefits2008-01-017
Total of all active and inactive participants2008-01-0117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2008-01-010
Total participants2008-01-0117
Number of participants with account balances2008-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2008-01-011

Financial Data on BLUE WATER CABINETRY, LLC 401(K) PLAN

Measure Date Value
2009 : BLUE WATER CABINETRY, LLC 401(K) PLAN 2009 401k financial data
Total plan liabilities at end of year2009-08-31$0
Total plan liabilities at beginning of year2009-08-31$180
Total income from all sources2009-08-31$-45,405
Expenses. Total of all expenses incurred2009-08-31$130,843
Benefits paid (including direct rollovers)2009-08-31$130,843
Total plan assets at end of year2009-08-31$138,481
Total plan assets at beginning of year2009-08-31$314,909
Total contributions received or receivable from participants2009-08-31$6,663
Expenses. Other expenses not covered elsewhere2009-08-31$0
Contributions received from other sources (not participants or employers)2009-08-31$0
Other income received2009-08-31$-52,068
Noncash contributions received2009-08-31$0
Net income (gross income less expenses)2009-08-31$-176,248
Net plan assets at end of year (total assets less liabilities)2009-08-31$138,481
Net plan assets at beginning of year (total assets less liabilities)2009-08-31$314,729
Assets. Value of employer securities2009-08-31$11,055
Total contributions received or receivable from employer(s)2009-08-31$0
Value of certain deemed distributions of participant loans2009-08-31$0
Value of corrective distributions2009-08-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2009-08-31$0
2008 : BLUE WATER CABINETRY, LLC 401(K) PLAN 2008 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2008-12-31$0
Total plan liabilities at end of year2008-08-31$180
Total plan liabilities at beginning of year2008-08-31$0
Total income from all sources2008-08-31$9,864
Expenses. Total of all expenses incurred2008-08-31$3,949
Benefits paid (including direct rollovers)2008-08-31$3,949
Total plan assets at end of year2008-08-31$314,909
Total plan assets at beginning of year2008-08-31$308,814
Total contributions received or receivable from participants2008-08-31$18,652
Expenses. Other expenses not covered elsewhere2008-08-31$0
Contributions received from other sources (not participants or employers)2008-08-31$0
Other income received2008-08-31$-11,159
Noncash contributions received2008-08-31$0
Net income (gross income less expenses)2008-08-31$5,915
Net plan assets at end of year (total assets less liabilities)2008-08-31$314,729
Net plan assets at beginning of year (total assets less liabilities)2008-08-31$308,814
Assets. Value of participant loans2008-08-31$11,210
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022008-08-31$18,652
Total contributions received or receivable from employer(s)2008-08-31$2,371
Value of certain deemed distributions of participant loans2008-08-31$0
Value of corrective distributions2008-08-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2008-08-31$0

Form 5500 Responses for BLUE WATER CABINETRY, LLC 401(K) PLAN

2008: BLUE WATER CABINETRY, LLC 401(K) PLAN 2008 form 5500 responses
2008-01-01Type of plan entitySingle employer plan
2008-01-01Submission has been amendedYes
2008-01-01This submission is the final filingNo
2008-01-01This return/report is a short plan year return/report (less than 12 months)No
2008-01-01Plan is a collectively bargained planNo
2008-01-01Plan funding arrangement – InsuranceYes
2008-01-01Plan funding arrangement – TrustYes
2008-01-01Plan benefit arrangement – InsuranceYes
2008-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

METLIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 87726 )
Policy contract number928774
Policy instance 1
Insurance contract or identification number928774
Number of Individuals Covered13
Insurance policy start date2008-09-01
Insurance policy end date2009-08-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Commission paid to Insurance BrokerUSD $0
Insurance broker nameRALPH THODE JR.
METLIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 87726 )
Policy contract number928774
Policy instance 1
Insurance contract or identification number928774
Number of Individuals Covered13
Insurance policy start date2007-09-01
Insurance policy end date2008-08-31
Total amount of commissions paid to insurance brokerUSD $820
Total amount of fees paid to insurance companyUSD $0
Commission paid to Insurance BrokerUSD $820
Insurance broker nameRALPH THODE JR.

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