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WILSON ORCHARD AND VINEYARD SUPPLY, LLC 401K PROFIT SHARING PLAN 401k Plan overview

Plan NameWILSON ORCHARD AND VINEYARD SUPPLY, LLC 401K PROFIT SHARING PLAN
Plan identification number 001

WILSON ORCHARD AND VINEYARD SUPPLY, LLC 401K PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ORCHARD AND VINEYARD SUPPLY, LLC has sponsored the creation of one or more 401k plans.

Company Name:ORCHARD AND VINEYARD SUPPLY, LLC
Employer identification number (EIN):814632490
NAIC Classification:444200
NAIC Description: Lawn and Garden Equipment and Supplies Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WILSON ORCHARD AND VINEYARD SUPPLY, LLC 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01JAMES M ROBERTS2023-10-12
0012021-01-01JAMES M. ROBERTS2023-06-29
0012020-01-01JAMES M. ROBERTS2021-10-15 JAMES M. ROBERTS2021-10-15
0012020-01-01JAMES M. ROBERTS2022-09-01 JAMES M. ROBERTS2022-09-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01

Plan Statistics for WILSON ORCHARD AND VINEYARD SUPPLY, LLC 401K PROFIT SHARING PLAN

401k plan membership statisitcs for WILSON ORCHARD AND VINEYARD SUPPLY, LLC 401K PROFIT SHARING PLAN

Measure Date Value
2022: WILSON ORCHARD AND VINEYARD SUPPLY, LLC 401K PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01399
Total number of active participants reported on line 7a of the Form 55002022-01-01252
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-01106
Total of all active and inactive participants2022-01-01358
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01358
Number of participants with account balances2022-01-01291
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0113
2021: WILSON ORCHARD AND VINEYARD SUPPLY, LLC 401K PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01413
Total number of active participants reported on line 7a of the Form 55002021-01-01259
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-01131
Total of all active and inactive participants2021-01-01390
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01390
Number of participants with account balances2021-01-01311
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0111
2020: WILSON ORCHARD AND VINEYARD SUPPLY, LLC 401K PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01679
Total number of active participants reported on line 7a of the Form 55002020-01-01288
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0171
Total of all active and inactive participants2020-01-01359
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01359
Number of participants with account balances2020-01-01266
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0111

Financial Data on WILSON ORCHARD AND VINEYARD SUPPLY, LLC 401K PROFIT SHARING PLAN

Measure Date Value
2022 : WILSON ORCHARD AND VINEYARD SUPPLY, LLC 401K PROFIT SHARING PLAN 2022 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$6,969
Total income from all sources (including contributions)2022-12-31$-795,855
Total of all expenses incurred2022-12-31$2,405,087
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$2,237,926
Value of total corrective distributions2022-12-31$58,817
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,568,563
Value of total assets at end of year2022-12-31$11,411,942
Value of total assets at beginning of year2022-12-31$14,619,853
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$108,344
Total interest from all sources2022-12-31$14,780
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Administrative expenses professional fees incurred2022-12-31$23,536
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$250,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$956,162
Participant contributions at end of year2022-12-31$322,013
Participant contributions at beginning of year2022-12-31$235,226
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$10,709
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$0
Liabilities. Value of operating payables at beginning of year2022-12-31$6,969
Total non interest bearing cash at end of year2022-12-31$4,990
Total non interest bearing cash at beginning of year2022-12-31$9,803
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-3,200,942
Value of net assets at end of year (total assets less liabilities)2022-12-31$11,411,942
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$14,612,884
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$11,082,108
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$14,364,115
Interest on participant loans2022-12-31$14,780
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-2,379,198
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$612,401
Employer contributions (assets) at end of year2022-12-31$2,831
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$2,237,926
Contract administrator fees2022-12-31$84,808
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31JONES & ROTH PC
Accountancy firm EIN2022-12-31930819646
2021 : WILSON ORCHARD AND VINEYARD SUPPLY, LLC 401K PROFIT SHARING PLAN 2021 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$6,969
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$6,437
Total income from all sources (including contributions)2021-12-31$2,980,492
Total of all expenses incurred2021-12-31$1,546,960
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$1,409,323
Value of total corrective distributions2021-12-31$38,704
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,512,511
Value of total assets at end of year2021-12-31$14,619,853
Value of total assets at beginning of year2021-12-31$13,185,789
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$98,933
Total interest from all sources2021-12-31$11,550
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Administrative expenses professional fees incurred2021-12-31$3,503
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$943,616
Participant contributions at end of year2021-12-31$235,226
Participant contributions at beginning of year2021-12-31$220,999
Participant contributions at end of year2021-12-31$10,709
Participant contributions at beginning of year2021-12-31$15,044
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$6,457
Liabilities. Value of operating payables at end of year2021-12-31$6,969
Liabilities. Value of operating payables at beginning of year2021-12-31$6,437
Total non interest bearing cash at end of year2021-12-31$9,803
Total non interest bearing cash at beginning of year2021-12-31$6,437
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$1,433,532
Value of net assets at end of year (total assets less liabilities)2021-12-31$14,612,884
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$13,179,352
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$14,364,115
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$12,887,493
Interest on participant loans2021-12-31$11,550
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$1,456,431
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$562,438
Employer contributions (assets) at beginning of year2021-12-31$55,816
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$1,409,323
Contract administrator fees2021-12-31$95,430
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31JONES & ROTH INC
Accountancy firm EIN2021-12-31930819646
2020 : WILSON ORCHARD AND VINEYARD SUPPLY, LLC 401K PROFIT SHARING PLAN 2020 401k financial data
Total transfer of assets to this plan2020-12-31$8,902,869
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$6,437
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$374
Total income from all sources (including contributions)2020-12-31$2,950,344
Total of all expenses incurred2020-12-31$702,765
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$582,845
Value of total corrective distributions2020-12-31$24,380
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,590,800
Value of total assets at end of year2020-12-31$13,185,789
Value of total assets at beginning of year2020-12-31$2,029,278
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$95,540
Total interest from all sources2020-12-31$12,834
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Administrative expenses professional fees incurred2020-12-31$6,379
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$205,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$846,487
Participant contributions at end of year2020-12-31$220,999
Participant contributions at end of year2020-12-31$15,044
Participant contributions at beginning of year2020-12-31$307
Liabilities. Value of operating payables at end of year2020-12-31$6,437
Liabilities. Value of operating payables at beginning of year2020-12-31$374
Total non interest bearing cash at end of year2020-12-31$6,437
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$2,247,579
Value of net assets at end of year (total assets less liabilities)2020-12-31$13,179,352
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$2,028,904
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$12,887,493
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$2,028,971
Interest on participant loans2020-12-31$12,834
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$1,346,710
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$744,313
Employer contributions (assets) at end of year2020-12-31$55,816
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$582,845
Contract administrator fees2020-12-31$89,161
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31JONES & ROTH INC
Accountancy firm EIN2020-12-31930819646

Form 5500 Responses for WILSON ORCHARD AND VINEYARD SUPPLY, LLC 401K PROFIT SHARING PLAN

2022: WILSON ORCHARD AND VINEYARD SUPPLY, LLC 401K PROFIT SHARING 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 – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: WILSON ORCHARD AND VINEYARD SUPPLY, LLC 401K PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedYes
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 – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: WILSON ORCHARD AND VINEYARD SUPPLY, LLC 401K PROFIT SHARING 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 – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number132510
Policy instance 1
Insurance contract or identification number132510
Number of Individuals Covered315
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $34,649
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees34649
Insurance broker organization code?5
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number132510
Policy instance 1
Insurance contract or identification number132510
Number of Individuals Covered325
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $11,280
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees11280
Insurance broker organization code?5
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number132510
Policy instance 1
Insurance contract or identification number132510
Number of Individuals Covered288
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $23,213
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees23213
Insurance broker organization code?5

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