401k Plan data: INTERNATIONAL PLASTICS EMPLOYEE BENEFIT PLAN TRUST plan

INTERNATIONAL PLASTICS EMPLOYEE BENEFIT PLAN TRUST 401k Plan overview

Plan Name	INTERNATIONAL PLASTICS EMPLOYEE BENEFIT PLAN TRUST
Plan identification number	505

INTERNATIONAL PLASTICS EMPLOYEE BENEFIT PLAN TRUST Benefits

401k Plan Type	Welfare Benefit
Plan Features/Benefits	Health (other than dental or vision)

401k Sponsoring company profile

INTERNATIONAL PLASTICS, INC. has sponsored the creation of one or more 401k plans.

Company Name: INTERNATIONAL PLASTICS, INC.

Employer identification number (EIN): 570468351

NAIC Classification: 423990
NAIC Description: Other Miscellaneous Durable Goods Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INTERNATIONAL PLASTICS EMPLOYEE BENEFIT PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
505 2022-01-01
505 2021-01-01

Plan Statistics for INTERNATIONAL PLASTICS EMPLOYEE BENEFIT PLAN TRUST

401k plan membership statisitcs for INTERNATIONAL PLASTICS EMPLOYEE BENEFIT PLAN TRUST

Measure Date Value
2022: INTERNATIONAL PLASTICS EMPLOYEE BENEFIT PLAN TRUST 2022 401k membership
Total participants, beginning-of-year 2022-01-01 34
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 34
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 0
Total of all active and inactive participants 2022-01-01 34
2021: INTERNATIONAL PLASTICS EMPLOYEE BENEFIT PLAN TRUST 2021 401k membership
Total participants, beginning-of-year 2021-01-01 36
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 36
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 0
Total of all active and inactive participants 2021-01-01 36

Measure	Date	Value
2022: INTERNATIONAL PLASTICS EMPLOYEE BENEFIT PLAN TRUST 2022 401k membership
Total participants, beginning-of-year	2022-01-01	34
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	34
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	0
Total of all active and inactive participants	2022-01-01	34
2021: INTERNATIONAL PLASTICS EMPLOYEE BENEFIT PLAN TRUST 2021 401k membership
Total participants, beginning-of-year	2021-01-01	36
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	36
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	0
Total of all active and inactive participants	2021-01-01	36

Financial Data on INTERNATIONAL PLASTICS EMPLOYEE BENEFIT PLAN TRUST

Measure	Date	Value
2022 : INTERNATIONAL PLASTICS EMPLOYEE BENEFIT PLAN TRUST 2022 401k financial data
Total plan liabilities at end of year	2022-12-31	$10,118
Total plan liabilities at beginning of year	2022-12-31	$260
Total income from all sources	2022-12-31	$465,431
Expenses. Total of all expenses incurred	2022-12-31	$475,289
Benefits paid (including direct rollovers)	2022-12-31	$433,666
Total plan assets at end of year	2022-12-31	$0
Total plan assets at beginning of year	2022-12-31	$0
Value of fidelity bond covering the plan	2022-12-31	$100,000
Expenses. Other expenses not covered elsewhere	2022-12-31	$41,623
Net income (gross income less expenses)	2022-12-31	$-9,858
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$-10,118
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$-260
Total contributions received or receivable from employer(s)	2022-12-31	$465,431
2021 : INTERNATIONAL PLASTICS EMPLOYEE BENEFIT PLAN TRUST 2021 401k financial data
Total plan liabilities at end of year	2021-12-31	$260
Total income from all sources	2021-12-31	$346,754
Expenses. Total of all expenses incurred	2021-12-31	$347,014
Benefits paid (including direct rollovers)	2021-12-31	$301,761
Total plan assets at end of year	2021-12-31	$0
Total plan assets at beginning of year	2021-12-31	$0
Value of fidelity bond covering the plan	2021-12-31	$100,000
Expenses. Other expenses not covered elsewhere	2021-12-31	$45,253
Net income (gross income less expenses)	2021-12-31	$-260
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$-260
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$0
Total contributions received or receivable from employer(s)	2021-12-31	$346,754

Form 5500 Responses for INTERNATIONAL PLASTICS EMPLOYEE BENEFIT PLAN TRUST

2022: INTERNATIONAL PLASTICS EMPLOYEE BENEFIT PLAN TRUST 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: INTERNATIONAL PLASTICS EMPLOYEE BENEFIT PLAN TRUST 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	First time form 5500 has been submitted	Yes
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

COMPANION LIFE OF CALIFORNIA (National Association of Insurance Commissioners NAIC id number: 92444 )

Policy contract number

CLI-20282-01

Policy instance

Insurance contract or identification number	CLI-20282-01
Number of Individuals Covered	34
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Health Insurance Welfare Benefit	Yes
Welfare Benefit Premiums Paid to Carrier	USD $214,079
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

COMPANION LIFE (National Association of Insurance Commissioners NAIC id number: 77828 )

Policy contract number

CLI-SUM20282-00

Policy instance

Insurance contract or identification number	CLI-SUM20282-00
Number of Individuals Covered	36
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Health Insurance Welfare Benefit	Yes
Welfare Benefit Premiums Paid to Carrier	USD $161,615
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	INTERNATIONAL PLASTICS, INC.
Employer identification number (EIN):	570468351
NAIC Classification:	423990
NAIC Description:	Other Miscellaneous Durable Goods Merchant Wholesalers