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SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameSGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 001

SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined 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.
  • Stock bonus
  • 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.
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • 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 requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

SGH REDGLAZE HOLDINGS, INC. has sponsored the creation of one or more 401k plans.

Company Name:SGH REDGLAZE HOLDINGS, INC.
Employer identification number (EIN):814256977
NAIC Classification:327100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01ELIZABETH DUDZIK
0012017-01-01ELIZABETH DUDZIK
0012017-01-01
0012017-01-01

Plan Statistics for SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022: SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01114
Total number of active participants reported on line 7a of the Form 55002022-01-0175
Number of retired or separated participants receiving benefits2022-01-011
Number of other retired or separated participants entitled to future benefits2022-01-0118
Total of all active and inactive participants2022-01-0194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0194
Number of participants with account balances2022-01-0194
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0110
2021: SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01119
Total number of active participants reported on line 7a of the Form 55002021-01-0179
Number of retired or separated participants receiving benefits2021-01-016
Number of other retired or separated participants entitled to future benefits2021-01-0124
Total of all active and inactive participants2021-01-01109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01109
Number of participants with account balances2021-01-01109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0114
2020: SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01118
Total number of active participants reported on line 7a of the Form 55002020-01-0188
Number of retired or separated participants receiving benefits2020-01-011
Number of other retired or separated participants entitled to future benefits2020-01-0123
Total of all active and inactive participants2020-01-01112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01112
Number of participants with account balances2020-01-01112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0111
2019: SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0188
Total number of active participants reported on line 7a of the Form 55002019-01-0175
Number of retired or separated participants receiving benefits2019-01-012
Number of other retired or separated participants entitled to future benefits2019-01-0122
Total of all active and inactive participants2019-01-0199
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0199
Number of participants with account balances2019-01-0199
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0113
2018: SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0179
Total number of active participants reported on line 7a of the Form 55002018-01-0178
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-016
Total of all active and inactive participants2018-01-0184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0184
Number of participants with account balances2018-01-0183
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-018
2017: SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0190
Total number of active participants reported on line 7a of the Form 55002017-01-0173
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-0173
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0173
Number of participants with account balances2017-01-0173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010

Financial Data on SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022 : SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Total plan liabilities at end of year2022-12-31$10,433,940
Total plan liabilities at beginning of year2022-12-31$10,867,964
Total income from all sources2022-12-31$3,408,364
Expenses. Total of all expenses incurred2022-12-31$556,020
Benefits paid (including direct rollovers)2022-12-31$221,723
Total plan assets at end of year2022-12-31$6,092,217
Total plan assets at beginning of year2022-12-31$3,673,897
Value of fidelity bond covering the plan2022-12-31$500,000
Expenses. Other expenses not covered elsewhere2022-12-31$334,297
Other income received2022-12-31$2,410,010
Net income (gross income less expenses)2022-12-31$2,852,344
Net plan assets at end of year (total assets less liabilities)2022-12-31$-4,341,723
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$-7,194,067
Assets. Value of employer securities2022-12-31$5,870,000
Total contributions received or receivable from employer(s)2022-12-31$998,354
2021 : SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Total plan liabilities at end of year2021-12-31$10,867,964
Total plan liabilities at beginning of year2021-12-31$11,300,989
Total income from all sources2021-12-31$2,357,422
Expenses. Total of all expenses incurred2021-12-31$387,687
Benefits paid (including direct rollovers)2021-12-31$39,101
Total plan assets at end of year2021-12-31$3,673,897
Total plan assets at beginning of year2021-12-31$2,137,187
Value of fidelity bond covering the plan2021-12-31$500,000
Expenses. Other expenses not covered elsewhere2021-12-31$348,586
Other income received2021-12-31$1,550,000
Net income (gross income less expenses)2021-12-31$1,969,735
Net plan assets at end of year (total assets less liabilities)2021-12-31$-7,194,067
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$-9,163,802
Assets. Value of employer securities2021-12-31$3,460,001
Total contributions received or receivable from employer(s)2021-12-31$807,422
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
2020 : SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Total plan liabilities at end of year2020-12-31$11,300,989
Total plan liabilities at beginning of year2020-12-31$11,440,156
Total income from all sources2020-12-31$1,634,660
Expenses. Total of all expenses incurred2020-12-31$446,449
Benefits paid (including direct rollovers)2020-12-31$31,044
Total plan assets at end of year2020-12-31$2,137,187
Total plan assets at beginning of year2020-12-31$1,088,143
Value of fidelity bond covering the plan2020-12-31$500,000
Expenses. Other expenses not covered elsewhere2020-12-31$415,405
Other income received2020-12-31$830,005
Net income (gross income less expenses)2020-12-31$1,188,211
Net plan assets at end of year (total assets less liabilities)2020-12-31$-9,163,802
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$-10,352,013
Assets. Value of employer securities2020-12-31$1,910,000
Total contributions received or receivable from employer(s)2020-12-31$804,655
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Total plan liabilities at end of year2019-12-31$11,440,156
Total plan liabilities at beginning of year2019-12-31$11,699,772
Total income from all sources2019-12-31$924,631
Expenses. Total of all expenses incurred2019-12-31$295,892
Benefits paid (including direct rollovers)2019-12-31$936
Total plan assets at end of year2019-12-31$1,088,143
Total plan assets at beginning of year2019-12-31$719,020
Value of fidelity bond covering the plan2019-12-31$2,000,000
Expenses. Other expenses not covered elsewhere2019-12-31$294,956
Other income received2019-12-31$370,059
Net income (gross income less expenses)2019-12-31$628,739
Net plan assets at end of year (total assets less liabilities)2019-12-31$-10,352,013
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$-10,980,752
Assets. Value of employer securities2019-12-31$1,080,000
Total contributions received or receivable from employer(s)2019-12-31$554,572
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Total plan liabilities at end of year2018-12-31$11,699,772
Total income from all sources2018-12-31$-10,884,499
Expenses. Total of all expenses incurred2018-12-31$1,396,253
Total plan assets at end of year2018-12-31$719,020
Total plan assets at beginning of year2018-12-31$1,300,000
Value of fidelity bond covering the plan2018-12-31$2,000,000
Expenses. Other expenses not covered elsewhere2018-12-31$1,396,253
Other income received2018-12-31$-11,480,980
Net income (gross income less expenses)2018-12-31$-12,280,752
Net plan assets at end of year (total assets less liabilities)2018-12-31$-10,980,752
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,300,000
Assets. Value of employer securities2018-12-31$710,000
Total contributions received or receivable from employer(s)2018-12-31$596,481
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$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$3,805,225
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$1,099,194
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$927,907
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,711,826
Value of total assets at end of year2017-12-31$12,937,232
Value of total assets at beginning of year2017-12-31$10,231,201
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$171,287
Total interest from all sources2017-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$199,504
Total income from all sources2017-12-31$1,300,000
Expenses. Total of all expenses incurred2017-12-31$0
Total plan assets at end of year2017-12-31$1,300,000
Value of fidelity bond covering the plan2017-12-31$2,000,000
Net income (gross income less expenses)2017-12-31$1,300,000
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,300,000
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$0
Total contributions received or receivable from employer(s)2017-12-31$1,300,000
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$199,504
Administrative expenses professional fees incurred2017-12-31$13,500
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$1,091,383
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$121,610
Administrative expenses (other) incurred2017-12-31$122,302
Total non interest bearing cash at end of year2017-12-31$17,416
Total non interest bearing cash at beginning of year2017-12-31$14,942
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$2,706,031
Value of net assets at end of year (total assets less liabilities)2017-12-31$12,937,232
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$10,231,201
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$30,000
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$12,328,985
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$10,040,757
Value of interest in common/collective trusts at end of year2017-12-31$590,673
Value of interest in common/collective trusts at beginning of year2017-12-31$175,345
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$158
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$157
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$157
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,893,916
Net investment gain or loss from common/collective trusts2017-12-31$-21
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$498,833
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$927,907
Contract administrator fees2017-12-31$5,485
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31LUTZ & COMPANY
Accountancy firm EIN2017-12-31470625816

Form 5500 Responses for SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

2022: SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP 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: SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP 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: SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP 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
2019: SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: SGH REDGLAZE HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01First time form 5500 has been submittedYes
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes

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