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CANAM MINERALS, INC. 401K PLAN 401k Plan overview

Plan NameCANAM MINERALS, INC. 401K PLAN
Plan identification number 001

CANAM MINERALS, INC. 401K 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.
  • 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.
  • 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.
  • 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

CANAM MINERALS, INC. has sponsored the creation of one or more 401k plans.

Company Name:CANAM MINERALS, INC.
Employer identification number (EIN):941535782
NAIC Classification:551112
NAIC Description:Offices of Other Holding Companies

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CANAM MINERALS, INC. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MARK HJERPE2024-06-13
0012022-01-01MARK HJERPE2023-06-29
0012021-01-01STEVE HAGMAN2022-07-31
0012020-01-01STEVE HAGMAN2021-09-30
0012019-01-01STEVE HAGMAN2020-09-30
0012018-01-01STEVE HAGMAN2019-02-21
0012017-01-01STEVE HAGMAN2018-09-13
0012016-01-01STEVE HAGMAN2017-07-28
0012015-01-01STEVE HAGMAN2016-07-28
0012014-01-01STEVE HAGMAN2015-07-24
0012013-01-01STEVE HAGMAN2014-10-09
0012012-01-01STEVE HAGMAN STEVE HAGMAN2013-07-31
0012011-01-01STEVE HAGMAN STEVE HAGMAN2012-07-19
0012009-01-01STEVEN HAGMAN STEVEN HAGMAN2010-07-30

Financial Data on CANAM MINERALS, INC. 401K PLAN

Measure Date Value
2025 : CANAM MINERALS, INC. 401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-20162111
Net assets as of the end of the plan year2025-05-203968080
Total assets as of the beginning of the plan year2025-05-203534135
Participant contributions to plan in this plan year2025-05-20210392
Value of participant loans at end of plan year2025-05-20100885
Other expenses paid from plan in this plan year2025-05-2010357
Other income to plan in this plan year2025-05-20385664
Plan net income in this plan year2025-05-20433945
Net assets as of the end of the plan year2025-05-203968080
Net assets as of the beginning of the plan year2025-05-203534135
Fees paid to broker by Benefit Provider2025-05-2014761
2024 : CANAM MINERALS, INC. 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-13281030
Net assets as of the end of the plan year2024-06-133534135
Total assets as of the beginning of the plan year2024-06-133248058
Participant contributions to plan in this plan year2024-06-13165374
Value of participant loans at end of plan year2024-06-1383561
Other expenses paid from plan in this plan year2024-06-139190
Other income to plan in this plan year2024-06-13401733
Plan net income in this plan year2024-06-13286077
Net assets as of the end of the plan year2024-06-133534135
Net assets as of the beginning of the plan year2024-06-133248058
Fees paid to broker by Benefit Provider2024-06-1313019
2022 : CANAM MINERALS, INC. 401K PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-07-31111974
Net assets as of the end of the plan year2022-07-313980675
Total assets as of the beginning of the plan year2022-07-313498224
Participant contributions to plan in this plan year2022-07-31197256
Value of participant loans at end of plan year2022-07-3175249
Other expenses paid from plan in this plan year2022-07-3110407
Other income to plan in this plan year2022-07-31397169
Plan net income in this plan year2022-07-31482451
Net assets as of the end of the plan year2022-07-313980675
Net assets as of the beginning of the plan year2022-07-313498224
Fees paid to broker by Benefit Provider2022-07-3114661
2012 : CANAM MINERALS, INC. 401K PLAN 2012 401k financial data
Total income from all sources2012-12-31$261,630
Expenses. Total of all expenses incurred2012-12-31$57,204
Benefits paid (including direct rollovers)2012-12-31$56,879
Total plan assets at end of year2012-12-31$2,034,474
Total plan assets at beginning of year2012-12-31$1,830,048
Value of fidelity bond covering the plan2012-12-31$1,000,000
Total contributions received or receivable from participants2012-12-31$84,284
Other income received2012-12-31$177,346
Net income (gross income less expenses)2012-12-31$204,426
Net plan assets at end of year (total assets less liabilities)2012-12-31$2,034,474
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,830,048
Assets. Value of participant loans2012-12-31$57,401
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$325
2011 : CANAM MINERALS, INC. 401K PLAN 2011 401k financial data
Total income from all sources2011-12-31$134,882
Expenses. Total of all expenses incurred2011-12-31$32,467
Benefits paid (including direct rollovers)2011-12-31$31,367
Total plan assets at end of year2011-12-31$1,830,048
Total plan assets at beginning of year2011-12-31$1,727,633
Value of fidelity bond covering the plan2011-12-31$1,000,000
Total contributions received or receivable from participants2011-12-31$105,863
Other income received2011-12-31$29,019
Net income (gross income less expenses)2011-12-31$102,415
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,830,048
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,727,633
Assets. Value of participant loans2011-12-31$72,791
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$1,100
2010 : CANAM MINERALS, INC. 401K PLAN 2010 401k financial data
Total income from all sources2010-12-31$359,336
Expenses. Total of all expenses incurred2010-12-31$757,875
Benefits paid (including direct rollovers)2010-12-31$755,981
Total plan assets at end of year2010-12-31$1,727,633
Total plan assets at beginning of year2010-12-31$2,126,172
Value of fidelity bond covering the plan2010-12-31$1,000,000
Total contributions received or receivable from participants2010-12-31$114,768
Other income received2010-12-31$244,568
Net income (gross income less expenses)2010-12-31$-398,539
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,727,633
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$2,126,172
Assets. Value of participant loans2010-12-31$27,180
Value of certain deemed distributions of participant loans2010-12-31$1,544
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$350
2009 : CANAM MINERALS, INC. 401K PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for CANAM MINERALS, INC. 401K PLAN

2012: CANAM MINERALS, INC. 401K PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: CANAM MINERALS, INC. 401K PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedYes
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: CANAM MINERALS, INC. 401K PLAN 2009 form 5500 responses
2009-01-01Type of plan entityMulitple employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberZH9174
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberZH9174
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberZH9174
Policy instance 1

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