401k Plan data: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. plan

THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 401k Plan overview

Plan Name	THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC.
Plan identification number	004

THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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

BEACH PRODUCTS, INC. has sponsored the creation of one or more 401k plans.

Company Name: BEACH PRODUCTS, INC.

Employer identification number (EIN): 590938214

NAIC Classification: 325410

Additional information about BEACH PRODUCTS, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations

Incorporation Date: 1961-08-28

Company Identification Number: 250658

Legal Registered Office Address: 4402 W. DALE AVENUE

TAMPA

33609

More information about BEACH PRODUCTS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
004 2020-01-01 TERRANCE P. POWER 2021-07-31
004 2019-01-01 LEE D. VOGT 2020-09-18
004 2018-01-01 LEE D. VOGT 2019-10-14
004 2017-01-01
004 2016-07-01

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
004	2020-01-01	TERRANCE P. POWER	2021-07-31
004	2019-01-01	LEE D. VOGT	2020-09-18
004	2018-01-01	LEE D. VOGT	2019-10-14
004	2017-01-01
004	2016-07-01

Plan Statistics for THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC.

401k plan membership statisitcs for THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC.

Measure Date Value
2020: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2020 401k membership
Total participants, beginning-of-year 2020-01-01 45
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 36
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 8
Total of all active and inactive participants 2020-01-01 44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 44
Number of participants with account balances 2020-01-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2019 401k membership
Total participants, beginning-of-year 2019-01-01 335
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 300
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 21
Total of all active and inactive participants 2019-01-01 321
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 321
Number of participants with account balances 2019-01-01 54
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2018 401k membership
Total participants, beginning-of-year 2018-01-01 310
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 272
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 63
Total of all active and inactive participants 2018-01-01 335
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 335
Number of participants with account balances 2018-01-01 248
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2017 401k membership
Total participants, beginning-of-year 2017-01-01 304
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 267
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 27
Total of all active and inactive participants 2017-01-01 294
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 294
Number of participants with account balances 2017-01-01 219
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2016 401k membership
Total participants, beginning-of-year 2016-07-01 0
Total number of active participants reported on line 7a of the Form 5500 2016-07-01 276
Number of retired or separated participants receiving benefits 2016-07-01 0
Number of other retired or separated participants entitled to future benefits 2016-07-01 21
Total of all active and inactive participants 2016-07-01 297
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-07-01 0
Total participants 2016-07-01 297
Number of participants with account balances 2016-07-01 229
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-07-01 0

Measure	Date	Value
2020: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2020 401k membership
Total participants, beginning-of-year	2020-01-01	45
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	36
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	8
Total of all active and inactive participants	2020-01-01	44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	44
Number of participants with account balances	2020-01-01	29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2019 401k membership
Total participants, beginning-of-year	2019-01-01	335
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	300
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	21
Total of all active and inactive participants	2019-01-01	321
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	321
Number of participants with account balances	2019-01-01	54
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2018 401k membership
Total participants, beginning-of-year	2018-01-01	310
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	272
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	63
Total of all active and inactive participants	2018-01-01	335
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	335
Number of participants with account balances	2018-01-01	248
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2017 401k membership
Total participants, beginning-of-year	2017-01-01	304
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	267
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	27
Total of all active and inactive participants	2017-01-01	294
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	294
Number of participants with account balances	2017-01-01	219
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2016 401k membership
Total participants, beginning-of-year	2016-07-01	0
Total number of active participants reported on line 7a of the Form 5500	2016-07-01	276
Number of retired or separated participants receiving benefits	2016-07-01	0
Number of other retired or separated participants entitled to future benefits	2016-07-01	21
Total of all active and inactive participants	2016-07-01	297
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-07-01	0
Total participants	2016-07-01	297
Number of participants with account balances	2016-07-01	229
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-07-01	0

Financial Data on THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC.

Measure	Date	Value
2020 : THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2020 401k financial data
Total income from all sources	2020-12-31	$1,632,301
Expenses. Total of all expenses incurred	2020-12-31	$178,547
Benefits paid (including direct rollovers)	2020-12-31	$127,621
Total plan assets at end of year	2020-12-31	$7,478,859
Total plan assets at beginning of year	2020-12-31	$6,025,105
Value of fidelity bond covering the plan	2020-12-31	$500,000
Total contributions received or receivable from participants	2020-12-31	$204,126
Contributions received from other sources (not participants or employers)	2020-12-31	$130,781
Other income received	2020-12-31	$1,198,914
Net income (gross income less expenses)	2020-12-31	$1,453,754
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$7,478,859
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$6,025,105
Assets. Value of participant loans	2020-12-31	$140,933
Total contributions received or receivable from employer(s)	2020-12-31	$98,480
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$50,926
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
2019 : THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total transfer of assets from this plan	2019-12-31	$9,286,975
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$127,621
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$3,834,850
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$1,318,919
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$1,248,097
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$1,584,088
Value of total assets at end of year	2019-12-31	$6,152,726
Value of total assets at beginning of year	2019-12-31	$12,796,149
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$70,822
Total interest from all sources	2019-12-31	$17,089
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Administrative expenses professional fees incurred	2019-12-31	$23,433
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$993,379
Participant contributions at end of year	2019-12-31	$85,305
Participant contributions at beginning of year	2019-12-31	$385,265
Participant contributions at end of year	2019-12-31	$0
Participant contributions at beginning of year	2019-12-31	$25,031
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$50,223
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2019-12-31	$127,621
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2019-12-31	$0
Total non interest bearing cash at end of year	2019-12-31	$3,686
Total non interest bearing cash at beginning of year	2019-12-31	$1,018
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$2,515,931
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$6,025,105
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$12,796,149
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Investment advisory and management fees	2019-12-31	$20,718
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$6,063,735
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$12,273,739
Interest on participant loans	2019-12-31	$17,089
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$2,233,673
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$540,486
Employer contributions (assets) at end of year	2019-12-31	$0
Employer contributions (assets) at beginning of year	2019-12-31	$111,096
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$1,248,097
Contract administrator fees	2019-12-31	$26,671
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	SKIBBIE CPA, INC.
Accountancy firm EIN	2019-12-31	270851321
2018 : THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$928,505
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$1,657,125
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$1,642,824
Expenses. Certain deemed distributions of participant loans	2018-12-31	$754
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$1,807,946
Value of total assets at end of year	2018-12-31	$12,796,149
Value of total assets at beginning of year	2018-12-31	$13,524,769
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$13,547
Total interest from all sources	2018-12-31	$17,648
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Administrative expenses professional fees incurred	2018-12-31	$11,443
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$978,156
Participant contributions at end of year	2018-12-31	$385,265
Participant contributions at beginning of year	2018-12-31	$324,985
Participant contributions at end of year	2018-12-31	$25,031
Participant contributions at beginning of year	2018-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$222,198
Total non interest bearing cash at end of year	2018-12-31	$1,018
Total non interest bearing cash at beginning of year	2018-12-31	$682
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-728,620
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$12,796,149
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$13,524,769
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$12,273,739
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$13,199,102
Interest on participant loans	2018-12-31	$17,648
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-897,089
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$607,592
Employer contributions (assets) at end of year	2018-12-31	$111,096
Employer contributions (assets) at beginning of year	2018-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$1,642,824
Contract administrator fees	2018-12-31	$2,104
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	GREGORY, SHARER & STUART, P.A.
Accountancy firm EIN	2018-12-31	591850025
2017 : THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$3,302,605
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$1,074,353
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$1,050,642
Expenses. Certain deemed distributions of participant loans	2017-12-31	$4,508
Value of total corrective distributions	2017-12-31	$5,247
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$1,568,245
Value of total assets at end of year	2017-12-31	$13,524,769
Value of total assets at beginning of year	2017-12-31	$11,296,517
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$13,956
Total interest from all sources	2017-12-31	$13,197
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Administrative expenses professional fees incurred	2017-12-31	$11,320
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$831,375
Participant contributions at end of year	2017-12-31	$324,985
Participant contributions at beginning of year	2017-12-31	$277,932
Participant contributions at end of year	2017-12-31	$0
Participant contributions at beginning of year	2017-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$284,726
Total non interest bearing cash at end of year	2017-12-31	$682
Total non interest bearing cash at beginning of year	2017-12-31	$535
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$2,228,252
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$13,524,769
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$11,296,517
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$13,199,102
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$11,018,050
Interest on participant loans	2017-12-31	$13,197
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$1,721,163
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$452,144
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$1,050,642
Contract administrator fees	2017-12-31	$2,636
Did the plan have assets held for investment	2017-12-31	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	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	GREGORY, SHARER & STUART, P.A.
Accountancy firm EIN	2017-12-31	591850025
2016 : THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2016 401k financial data
Transfers to/from the plan	2016-12-31	$11,252,431
Total income from all sources	2016-12-31	$902,370
Expenses. Total of all expenses incurred	2016-12-31	$858,592
Benefits paid (including direct rollovers)	2016-12-31	$850,533
Total plan assets at end of year	2016-12-31	$11,296,209
Total plan assets at beginning of year	2016-12-31	$0
Value of fidelity bond covering the plan	2016-12-31	$500,000
Total contributions received or receivable from participants	2016-12-31	$402,121
Expenses. Other expenses not covered elsewhere	2016-12-31	$7,613
Contributions received from other sources (not participants or employers)	2016-12-31	$584
Other income received	2016-12-31	$286,296
Net income (gross income less expenses)	2016-12-31	$43,778
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$11,296,209
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$0
Assets. Value of participant loans	2016-12-31	$277,932
Total contributions received or receivable from employer(s)	2016-12-31	$213,369
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$446
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0

Form 5500 Responses for THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC.

2020: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2020 form 5500 responses
2020-01-01	Type of plan entity	Mulitple employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2019 form 5500 responses
2019-01-01	Type of plan entity	Mulitple employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2018 form 5500 responses
2018-01-01	Type of plan entity	Mulitple employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2017 form 5500 responses
2017-01-01	Type of plan entity	Mulitple employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: THE PLATINUM 401(K) RETIREMENT SAVINGS PLAN FBO BEACH PRODUCTS, INC. 2016 form 5500 responses
2016-07-01	Type of plan entity	Mulitple employer plan
2016-07-01	First time form 5500 has been submitted	Yes
2016-07-01	Submission has been amended	No
2016-07-01	This submission is the final filing	No
2016-07-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2016-07-01	Plan is a collectively bargained plan	No
2016-07-01	Plan funding arrangement – Trust	Yes
2016-07-01	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

124704

Policy instance

Insurance contract or identification number	124704
Number of Individuals Covered	28
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $3,096
Total amount of fees paid to insurance company	USD $11,103
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $3,096
Amount paid for insurance broker fees	11103
Additional information about fees paid to insurance broker	SALES/ADMINISTRATION
Insurance broker organization code?	5

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

Policy contract number

124704

Policy instance

Insurance contract or identification number	124704
Number of Individuals Covered	58
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $6,726
Total amount of fees paid to insurance company	USD $32,559
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $6,726
Amount paid for insurance broker fees	32502
Additional information about fees paid to insurance broker	SALES/ADMINISTRATION
Insurance broker organization code?	5

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

Policy contract number

124704

Policy instance

Insurance contract or identification number	124704
Number of Individuals Covered	261
Insurance policy start date	2018-01-01
Insurance policy end date	2018-12-31
Total amount of commissions paid to insurance broker	USD $6,782
Total amount of fees paid to insurance company	USD $32,453
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $6,782
Amount paid for insurance broker fees	32393
Additional information about fees paid to insurance broker	SALES/ADMINISTRATION
Insurance broker organization code?	5

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

Policy contract number

124704

Policy instance

Insurance contract or identification number	124704
Number of Individuals Covered	245
Insurance policy start date	2017-07-01
Insurance policy end date	2017-12-31
Total amount of commissions paid to insurance broker	USD $7,132
Total amount of fees paid to insurance company	USD $31,463
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $6,259
Amount paid for insurance broker fees	31463
Additional information about fees paid to insurance broker	SALES/ADMINISTRATION
Insurance broker organization code?	5
Insurance broker name	FEDERATED INVESTMENT MANAGEMENT COM

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Company Name:	BEACH PRODUCTS, INC.
Employer identification number (EIN):	590938214
NAIC Classification:	325410

Jurisdiction of Incorporation:	Florida Department of State Division of Corporations
Incorporation Date:	1961-08-28
Company Identification Number:	250658
Legal Registered Office Address:	4402 W. DALE AVENUE TAMPA 33609