401k Plan data: GULF PACKAGING, INC. 401(K) plan

GULF PACKAGING, INC. 401(K) 401k Plan overview

Plan Name	GULF PACKAGING, INC. 401(K)
Plan identification number	001

GULF PACKAGING, INC. 401(K) 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.
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

GULF PACKAGING, INC. has sponsored the creation of one or more 401k plans.

Company Name: GULF PACKAGING, INC.

Employer identification number (EIN): 770622338

NAIC Classification: 322200

Additional information about GULF PACKAGING, INC.

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 2012-02-14

Company Identification Number: 0801552374

Legal Registered Office Address: 7720 FM 1960 EAST HUMBLE

United States of America (USA)
77346

More information about GULF PACKAGING, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GULF PACKAGING, INC. 401(K)

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01 PAUL MORRIS 2022-09-19
001 2021-01-01 PAUL MORRIS 2023-04-26
001 2020-01-01 RITA MCDONALD 2021-10-11 RITA MCDONALD 2021-10-11
001 2019-01-01 WILLIAM C. PRESSON 2020-10-04 WILLIAM C. PRESSON 2020-10-04
001 2018-01-01
001 2017-01-01 LEW WARD 2018-04-16 LARRY F. TAYLOR 2018-04-16
001 2016-01-01 LEW WARD 2017-08-14
001 2015-01-01 LEW WARD 2016-09-14
001 2014-01-01 LARRY TAYLOR 2015-07-10
001 2013-01-01 LARRY TAYLOR 2014-07-24
001 2012-01-01 LARRY TAYLOR 2013-07-10
001 2011-01-01 LARRY TAYLOR 2012-07-26
001 2010-01-01 LARRY F. TAYLOR 2011-07-18 LARRY F. TAYLOR 2011-07-18

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2021-01-01	PAUL MORRIS	2022-09-19
001	2021-01-01	PAUL MORRIS	2023-04-26
001	2020-01-01	RITA MCDONALD	2021-10-11	RITA MCDONALD	2021-10-11
001	2019-01-01	WILLIAM C. PRESSON	2020-10-04	WILLIAM C. PRESSON	2020-10-04
001	2018-01-01
001	2017-01-01	LEW WARD	2018-04-16	LARRY F. TAYLOR	2018-04-16
001	2016-01-01	LEW WARD	2017-08-14
001	2015-01-01	LEW WARD	2016-09-14
001	2014-01-01	LARRY TAYLOR	2015-07-10
001	2013-01-01	LARRY TAYLOR	2014-07-24
001	2012-01-01	LARRY TAYLOR	2013-07-10
001	2011-01-01	LARRY TAYLOR	2012-07-26
001	2010-01-01	LARRY F. TAYLOR	2011-07-18	LARRY F. TAYLOR	2011-07-18

Plan Statistics for GULF PACKAGING, INC. 401(K)

401k plan membership statisitcs for GULF PACKAGING, INC. 401(K)

Measure Date Value
2022: GULF PACKAGING, INC. 401(K) 2022 401k membership
Total participants, beginning-of-year 2022-01-01 127
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 110
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 14
Total of all active and inactive participants 2022-01-01 124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 124
Number of participants with account balances 2022-01-01 82
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 2
2021: GULF PACKAGING, INC. 401(K) 2021 401k membership
Total participants, beginning-of-year 2021-01-01 139
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 100
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 14
Total of all active and inactive participants 2021-01-01 114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 114
Number of participants with account balances 2021-01-01 80
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: GULF PACKAGING, INC. 401(K) 2020 401k membership
Total participants, beginning-of-year 2020-01-01 123
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 100
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 26
Total of all active and inactive participants 2020-01-01 126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 126
Number of participants with account balances 2020-01-01 93
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 4
2019: GULF PACKAGING, INC. 401(K) 2019 401k membership
Total participants, beginning-of-year 2019-01-01 127
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 86
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 22
Total of all active and inactive participants 2019-01-01 108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 108
Number of participants with account balances 2019-01-01 87
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 8

Measure	Date	Value
2022: GULF PACKAGING, INC. 401(K) 2022 401k membership
Total participants, beginning-of-year	2022-01-01	127
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	110
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	14
Total of all active and inactive participants	2022-01-01	124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	124
Number of participants with account balances	2022-01-01	82
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	2
2021: GULF PACKAGING, INC. 401(K) 2021 401k membership
Total participants, beginning-of-year	2021-01-01	139
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	100
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	14
Total of all active and inactive participants	2021-01-01	114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	114
Number of participants with account balances	2021-01-01	80
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: GULF PACKAGING, INC. 401(K) 2020 401k membership
Total participants, beginning-of-year	2020-01-01	123
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	100
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	26
Total of all active and inactive participants	2020-01-01	126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	126
Number of participants with account balances	2020-01-01	93
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	4
2019: GULF PACKAGING, INC. 401(K) 2019 401k membership
Total participants, beginning-of-year	2019-01-01	127
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	86
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	22
Total of all active and inactive participants	2019-01-01	108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	108
Number of participants with account balances	2019-01-01	87
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	8

Financial Data on GULF PACKAGING, INC. 401(K)

Measure	Date	Value
2022 : GULF PACKAGING, INC. 401(K) 2022 401k financial data
Unrealized appreciation/depreciation of real estate assets	2022-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2022-12-31	$0
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total transfer of assets to this plan	2022-12-31	$0
Total transfer of assets from this plan	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$108
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$14,889
Expenses. Interest paid	2022-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-343,752
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$524,643
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$483,045
Expenses. Certain deemed distributions of participant loans	2022-12-31	$3
Value of total corrective distributions	2022-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$539,162
Value of total assets at end of year	2022-12-31	$4,963,727
Value of total assets at beginning of year	2022-12-31	$5,846,903
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$41,595
Total interest from all sources	2022-12-31	$3,357
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$0
Administrative expenses professional fees incurred	2022-12-31	$1,431
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$356,260
Participant contributions at end of year	2022-12-31	$74,102
Participant contributions at beginning of year	2022-12-31	$41,308
Participant contributions at end of year	2022-12-31	$0
Participant contributions at beginning of year	2022-12-31	$4,574
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$11,552
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2022-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2022-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2022-12-31	$0
Other income not declared elsewhere	2022-12-31	$31
Administrative expenses (other) incurred	2022-12-31	$0
Liabilities. Value of operating payables at end of year	2022-12-31	$0
Liabilities. Value of operating payables at beginning of year	2022-12-31	$27
Total non interest bearing cash at end of year	2022-12-31	$609
Total non interest bearing cash at beginning of year	2022-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Income. Non cash contributions	2022-12-31	$0
Value of net income/loss	2022-12-31	$-868,395
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$4,963,619
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$5,832,014
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Investment advisory and management fees	2022-12-31	$1,200
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$4,806,626
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$5,709,824
Interest on participant loans	2022-12-31	$3,357
Income. Interest from loans (other than to participants)	2022-12-31	$0
Income. Interest from US Government securities	2022-12-31	$0
Income. Interest from corporate debt instruments	2022-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2022-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$0
Net investment gain/loss from pooled separate accounts	2022-12-31	$0
Net investment gain or loss from common/collective trusts	2022-12-31	$-886,302
Net gain/loss from 103.12 investment entities	2022-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Assets. Invements in employer securities at end of year	2022-12-31	$0
Assets. Invements in employer securities at beginning of year	2022-12-31	$0
Assets. Value of employer real property at end of year	2022-12-31	$0
Assets. Value of employer real property at beginning of year	2022-12-31	$0
Contributions received in cash from employer	2022-12-31	$171,350
Employer contributions (assets) at end of year	2022-12-31	$82,390
Employer contributions (assets) at beginning of year	2022-12-31	$91,197
Income. Dividends from preferred stock	2022-12-31	$0
Income. Dividends from common stock	2022-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$483,045
Contract administrator fees	2022-12-31	$38,964
Liabilities. Value of benefit claims payable at end of year	2022-12-31	$108
Liabilities. Value of benefit claims payable at beginning of year	2022-12-31	$14,862
Assets. Value of buildings and other operty used in plan operation at end of year	2022-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2022-12-31	$0
Did the plan have assets held for investment	2022-12-31	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	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Aggregate proceeds on sale of assets	2022-12-31	$0
Aggregate carrying amount (costs) on sale of assets	2022-12-31	$0
Liabilities. Value of acquisition indebtedness at end of year	2022-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2022-12-31	$0
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	AVIZO GROUP, INC.
Accountancy firm EIN	2022-12-31	631031732
2021 : GULF PACKAGING, INC. 401(K) 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$14,889
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$3,816
Total income from all sources (including contributions)	2021-12-31	$1,272,672
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$517,345
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$446,202
Expenses. Certain deemed distributions of participant loans	2021-12-31	$4,513
Value of total corrective distributions	2021-12-31	$14,862
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$519,515
Value of total assets at end of year	2021-12-31	$5,846,903
Value of total assets at beginning of year	2021-12-31	$5,080,503
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$51,768
Total interest from all sources	2021-12-31	$2,169
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Administrative expenses professional fees incurred	2021-12-31	$3,340
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$338,083
Participant contributions at end of year	2021-12-31	$41,308
Participant contributions at beginning of year	2021-12-31	$50,960
Participant contributions at end of year	2021-12-31	$4,574
Participant contributions at beginning of year	2021-12-31	$14,273
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$13,998
Liabilities. Value of operating payables at end of year	2021-12-31	$27
Liabilities. Value of operating payables at beginning of year	2021-12-31	$3,816
Total non interest bearing cash at end of year	2021-12-31	$0
Total non interest bearing cash at beginning of year	2021-12-31	$1,818
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$755,327
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$5,832,014
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$5,076,687
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$5,709,824
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$4,933,824
Interest on participant loans	2021-12-31	$2,169
Net investment gain or loss from common/collective trusts	2021-12-31	$750,988
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$167,434
Employer contributions (assets) at end of year	2021-12-31	$91,197
Employer contributions (assets) at beginning of year	2021-12-31	$79,628
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$446,202
Contract administrator fees	2021-12-31	$48,428
Liabilities. Value of benefit claims payable at end of year	2021-12-31	$14,862
Liabilities. Value of benefit claims payable at beginning of year	2021-12-31	$0
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Disclaimer
Accountancy firm name	2021-12-31	AVIZO GROUP, INC.
Accountancy firm EIN	2021-12-31	631031732
2020 : GULF PACKAGING, INC. 401(K) 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$3,816
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$4,220
Total income from all sources (including contributions)	2020-12-31	$1,153,430
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$185,359
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$132,715
Expenses. Certain deemed distributions of participant loans	2020-12-31	$9,082
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$442,598
Value of total assets at end of year	2020-12-31	$5,080,503
Value of total assets at beginning of year	2020-12-31	$4,112,836
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$43,562
Total interest from all sources	2020-12-31	$2,853
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Administrative expenses professional fees incurred	2020-12-31	$5,326
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$410,862
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$295,531
Participant contributions at end of year	2020-12-31	$50,960
Participant contributions at beginning of year	2020-12-31	$66,925
Participant contributions at end of year	2020-12-31	$14,273
Participant contributions at beginning of year	2020-12-31	$65
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$2,018
Liabilities. Value of operating payables at end of year	2020-12-31	$3,816
Liabilities. Value of operating payables at beginning of year	2020-12-31	$2,785
Total non interest bearing cash at end of year	2020-12-31	$1,818
Total non interest bearing cash at beginning of year	2020-12-31	$2,785
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$968,071
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$5,076,687
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$4,108,616
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$4,933,824
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$3,980,999
Interest on participant loans	2020-12-31	$2,853
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$707,979
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$145,049
Employer contributions (assets) at end of year	2020-12-31	$79,628
Employer contributions (assets) at beginning of year	2020-12-31	$62,062
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$132,715
Contract administrator fees	2020-12-31	$38,236
Liabilities. Value of benefit claims payable at beginning of year	2020-12-31	$1,435
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	AVIZO GROUP, INC.
Accountancy firm EIN	2020-12-31	631031732
2019 : GULF PACKAGING, INC. 401(K) 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$4,220
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$2,265
Total income from all sources (including contributions)	2019-12-31	$1,135,552
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$147,111
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$109,191
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$390,660
Value of total assets at end of year	2019-12-31	$4,112,836
Value of total assets at beginning of year	2019-12-31	$3,122,440
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$37,920
Total interest from all sources	2019-12-31	$3,231
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	$4,850
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$411,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$262,809
Participant contributions at end of year	2019-12-31	$66,925
Participant contributions at beginning of year	2019-12-31	$53,397
Participant contributions at end of year	2019-12-31	$65
Liabilities. Value of operating payables at end of year	2019-12-31	$2,785
Liabilities. Value of operating payables at beginning of year	2019-12-31	$1,690
Total non interest bearing cash at end of year	2019-12-31	$2,785
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	$988,441
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$4,108,616
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$3,120,175
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$3,980,999
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$3,015,942
Interest on participant loans	2019-12-31	$3,231
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$741,661
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	Yes
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	$127,851
Employer contributions (assets) at end of year	2019-12-31	$62,062
Employer contributions (assets) at beginning of year	2019-12-31	$53,101
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$109,191
Contract administrator fees	2019-12-31	$33,070
Liabilities. Value of benefit claims payable at end of year	2019-12-31	$1,435
Liabilities. Value of benefit claims payable at beginning of year	2019-12-31	$575
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	AVIZO GROUP, INC.
Accountancy firm EIN	2019-12-31	631031732

Form 5500 Responses for GULF PACKAGING, INC. 401(K)

2022: GULF PACKAGING, INC. 401(K) 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: GULF PACKAGING, INC. 401(K) 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: GULF PACKAGING, INC. 401(K) 2020 form 5500 responses
2020-01-01	Type of plan entity	Single 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 – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: GULF PACKAGING, INC. 401(K) 2019 form 5500 responses
2019-01-01	Type of plan entity	Single 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 – Trust	Yes
2019-01-01	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

120657

Policy instance

Insurance contract or identification number	120657
Number of Individuals Covered	86
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Total amount of commissions paid to insurance broker	USD $15,533
Total amount of fees paid to insurance company	USD $1,447
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 $15,533
Insurance broker organization code?	3
Amount paid for insurance broker fees	1447
Additional information about fees paid to insurance broker	DISTRIBUTION FEE/ADMIN FEE

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

Policy contract number

120657

Policy instance

Insurance contract or identification number	120657
Number of Individuals Covered	81
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Total amount of commissions paid to insurance broker	USD $15,940
Total amount of fees paid to insurance company	USD $4,888
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 $15,940
Insurance broker organization code?	3
Amount paid for insurance broker fees	4888
Additional information about fees paid to insurance broker	DISTRIBUTION FEE/ADMIN FEE

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

Policy contract number

120657

Policy instance

Insurance contract or identification number	120657
Number of Individuals Covered	95
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $12,390
Total amount of fees paid to insurance company	USD $4,295
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
Commission paid to Insurance Broker	USD $12,390
Insurance broker organization code?	3
Amount paid for insurance broker fees	4295
Additional information about fees paid to insurance broker	DISTRIBUTION FEE/ADMIN FEE

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

Policy contract number

120657

Policy instance

Insurance contract or identification number	120657
Number of Individuals Covered	93
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $10,597
Total amount of fees paid to insurance company	USD $3,755
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
Commission paid to Insurance Broker	USD $10,597
Insurance broker organization code?	3
Amount paid for insurance broker fees	3755
Additional information about fees paid to insurance broker	DISTRIBUTION FEE/ADMIN FEE

Potentially related plans

GULF PACKAGING, INC. 401(K) RETIREMENT PLAN [EIN = 454695030]

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Company Name:	GULF PACKAGING, INC.
Employer identification number (EIN):	770622338
NAIC Classification:	322200

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	2012-02-14
Company Identification Number:	0801552374
Legal Registered Office Address:	7720 FM 1960 EAST HUMBLE United States of America (USA) 77346