Logo

JARRETT BAY BOATWORKS, INC. 401(K) PLAN 401k Plan overview

Plan NameJARRETT BAY BOATWORKS, INC. 401(K) PLAN
Plan identification number 001

JARRETT BAY BOATWORKS, INC. 401(K) 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.
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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.
  • Plan covering Self-Employed individuals.
  • 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

JARRETT BAY BOATWORKS, INC. has sponsored the creation of one or more 401k plans.

Company Name:JARRETT BAY BOATWORKS, INC.
Employer identification number (EIN):561682641
NAIC Classification:336610

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JARRETT BAY BOATWORKS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012022-01-01STACIE JOHNSON
0012021-01-01
0012021-01-01STACIE JOHNSON
0012020-01-01
0012019-03-01RANDALL RAMSEY2020-05-28
0012018-03-01RANDALL RAMSEY2019-07-03
0012017-03-01RANDALL RAMSEY2018-09-26
0012016-03-01RANDALL RAMSEY2017-08-14
0012015-03-01RANDALL RAMSEY2016-08-30
0012014-03-01RANDALL RAMSEY2015-09-29
0012013-03-01RANDALL RAMSEY2014-12-02
0012012-03-01RANDALL RAMSEY2013-11-25
0012011-03-01RANDALL RAMSEY2012-09-28
0012010-03-01RANDALL RAMSEY2011-08-22

Financial Data on JARRETT BAY BOATWORKS, INC. 401(K) PLAN

Measure Date Value
2022 : JARRETT BAY BOATWORKS, INC. 401(K) PLAN 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$-147,691
Expenses. Total of all expenses incurred2022-12-31$2,189,605
Benefits paid (including direct rollovers)2022-12-31$2,167,692
Total plan assets at end of year2022-12-31$1,158
Total plan assets at beginning of year2022-12-31$2,338,454
Value of fidelity bond covering the plan2022-12-31$400,000
Total contributions received or receivable from participants2022-12-31$32,601
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$-182,129
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-2,337,296
Net plan assets at end of year (total assets less liabilities)2022-12-31$1,158
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$2,338,454
Assets. Value of participant loans2022-12-31$0
Total contributions received or receivable from employer(s)2022-12-31$1,837
Value of certain deemed distributions of participant loans2022-12-31$18,763
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$3,150
2021 : JARRETT BAY BOATWORKS, INC. 401(K) PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$129,526
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$472,059
Expenses. Total of all expenses incurred2021-12-31$293,825
Benefits paid (including direct rollovers)2021-12-31$280,937
Total plan assets at end of year2021-12-31$2,338,454
Total plan assets at beginning of year2021-12-31$2,030,694
Value of fidelity bond covering the plan2021-12-31$400,000
Total contributions received or receivable from participants2021-12-31$222,599
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$229,837
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$178,234
Net plan assets at end of year (total assets less liabilities)2021-12-31$2,338,454
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$2,030,694
Assets. Value of participant loans2021-12-31$22,439
Total contributions received or receivable from employer(s)2021-12-31$19,623
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$12,888
2020 : JARRETT BAY BOATWORKS, INC. 401(K) PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$-65,346
Expenses. Total of all expenses incurred2020-12-31$30,196
Benefits paid (including direct rollovers)2020-12-31$21,094
Total plan assets at end of year2020-12-31$2,030,694
Total plan assets at beginning of year2020-12-31$2,126,236
Value of fidelity bond covering the plan2020-12-31$400,000
Total contributions received or receivable from participants2020-12-31$180,448
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$-261,907
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$-95,542
Net plan assets at end of year (total assets less liabilities)2020-12-31$2,030,694
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$2,126,236
Assets. Value of participant loans2020-12-31$27,010
Total contributions received or receivable from employer(s)2020-12-31$16,113
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$9,102

Form 5500 Responses for JARRETT BAY BOATWORKS, INC. 401(K) PLAN

2022: JARRETT BAY BOATWORKS, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: JARRETT BAY BOATWORKS, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: JARRETT BAY BOATWORKS, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes

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 S1