401k Plan data: SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN plan

SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 401k Plan overview

Plan Name	SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN
Plan identification number	001

SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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

SEA SHIELD MARINE PRODUCTS, INC has sponsored the creation of one or more 401k plans.

Company Name: SEA SHIELD MARINE PRODUCTS, INC

Employer identification number (EIN): 954190334

NAIC Classification: 331400

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2020-01-01 EDWARD ROJAS 2021-04-13
001 2014-01-01 SHELLEY LOPEZ 2015-07-23
001 2013-01-01 WENDELL GOODWIN
001 2012-01-01 WENDELL GOODWIN
001 2012-01-01 SEA SHIELD MARINE PRODUCTS
001 2011-01-01 WENDELL GOODWIN
001 2010-01-01 WENDELL GOODWIN
001 2009-01-01 WENDELL GOODWIN
001 2009-01-01 WENDELL GOODWIN
001 2009-01-01 WENDELL GOODWIN

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2020-01-01	EDWARD ROJAS	2021-04-13
001	2014-01-01	SHELLEY LOPEZ	2015-07-23
001	2013-01-01	WENDELL GOODWIN
001	2012-01-01	WENDELL GOODWIN
001	2012-01-01	SEA SHIELD MARINE PRODUCTS
001	2011-01-01	WENDELL GOODWIN
001	2010-01-01	WENDELL GOODWIN
001	2009-01-01	WENDELL GOODWIN
001	2009-01-01	WENDELL GOODWIN
001	2009-01-01	WENDELL GOODWIN

Plan Statistics for SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN

401k plan membership statisitcs for SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN

Measure Date Value
2013: SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 22
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 34
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 0
Total of all active and inactive participants 2013-01-01 34
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 34
Number of participants with account balances 2013-01-01 8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 9
Total of all active and inactive participants 2012-01-01 0
Total participants 2012-01-01 0
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 22
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Number of participants with account balances 2012-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 9
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 9
Total of all active and inactive participants 2011-01-01 9
Total participants 2011-01-01 9
2010: SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 11
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 9
Total of all active and inactive participants 2010-01-01 9
Total participants 2010-01-01 9
2009: SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 11
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 9
Total of all active and inactive participants 2009-01-01 9
Total participants 2009-01-01 9

Measure	Date	Value
2013: SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	22
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	34
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	0
Total of all active and inactive participants	2013-01-01	34
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	34
Number of participants with account balances	2013-01-01	8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	9
Total of all active and inactive participants	2012-01-01	0
Total participants	2012-01-01	0
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	22
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Number of participants with account balances	2012-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	9
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	9
Total of all active and inactive participants	2011-01-01	9
Total participants	2011-01-01	9
2010: SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	11
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	9
Total of all active and inactive participants	2010-01-01	9
Total participants	2010-01-01	9
2009: SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	11
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	9
Total of all active and inactive participants	2009-01-01	9
Total participants	2009-01-01	9

Financial Data on SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN

Measure	Date	Value
2013 : SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan	2013-12-31	$0
Total plan liabilities at end of year	2013-12-31	$0
Total plan liabilities at beginning of year	2013-12-31	$0
Total income from all sources	2013-12-31	$13,733
Expenses. Total of all expenses incurred	2013-12-31	$0
Benefits paid (including direct rollovers)	2013-12-31	$0
Total plan assets at end of year	2013-12-31	$16,209
Total plan assets at beginning of year	2013-12-31	$2,476
Value of fidelity bond covering the plan	2013-12-31	$20,000
Total contributions received or receivable from participants	2013-12-31	$13,106
Expenses. Other expenses not covered elsewhere	2013-12-31	$0
Contributions received from other sources (not participants or employers)	2013-12-31	$0
Other income received	2013-12-31	$627
Net income (gross income less expenses)	2013-12-31	$13,733
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$16,209
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$2,476
Total contributions received or receivable from employer(s)	2013-12-31	$0
Value of certain deemed distributions of participant loans	2013-12-31	$0
Value of corrective distributions	2013-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$0
2012 : SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2012 401k financial data
Transfers to/from the plan	2012-12-31	$0
Total plan liabilities at end of year	2012-12-31	$0
Total plan liabilities at beginning of year	2012-12-31	$0
Total income from all sources	2012-12-31	$9,412
Expenses. Total of all expenses incurred	2012-12-31	$78,452
Benefits paid (including direct rollovers)	2012-12-31	$78,452
Total plan assets at end of year	2012-12-31	$0
Total plan assets at beginning of year	2012-12-31	$69,040
Value of fidelity bond covering the plan	2012-12-31	$0
Total contributions received or receivable from participants	2012-12-31	$2,461
Expenses. Other expenses not covered elsewhere	2012-12-31	$0
Contributions received from other sources (not participants or employers)	2012-12-31	$0
Other income received	2012-12-31	$9,412
Net income (gross income less expenses)	2012-12-31	$-69,040
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$0
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$69,040
Total contributions received or receivable from employer(s)	2012-12-31	$0
Value of certain deemed distributions of participant loans	2012-12-31	$0
Value of corrective distributions	2012-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$0
2011 : SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$39,888
Total plan assets at end of year	2011-12-31	$69,040
Total plan assets at beginning of year	2011-12-31	$29,152
Other income received	2011-12-31	$39,888
Net income (gross income less expenses)	2011-12-31	$39,888
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$69,040
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$29,152
Funding deficiency by the employer to the plan for this plan year	2011-12-31	$0
Minimum employer required contribution for this plan year	2011-12-31	$0
Amount contributed by the employer to the plan for this plan year	2011-12-31	$0
2010 : SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$9,223
Total plan assets at end of year	2010-12-31	$29,152
Total plan assets at beginning of year	2010-12-31	$19,929
Other income received	2010-12-31	$9,223
Net income (gross income less expenses)	2010-12-31	$9,223
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$29,152
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$19,929
Funding deficiency by the employer to the plan for this plan year	2010-12-31	$0
Minimum employer required contribution for this plan year	2010-12-31	$0
Amount contributed by the employer to the plan for this plan year	2010-12-31	$0
2009 : SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year	2009-12-31	$0
Minimum employer required contribution for this plan year	2009-12-31	$0
Amount contributed by the employer to the plan for this plan year	2009-12-31	$0

Form 5500 Responses for SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN

2013: SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	First time form 5500 has been submitted	Yes
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	Yes
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: SEA SHIELD MARINE PRODUCTS, INC PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )

Policy contract number

247873

Policy instance

Insurance contract or identification number	247873
Number of Individuals Covered	8
Insurance policy start date	2013-01-01
Insurance policy end date	2014-02-26
Total amount of commissions paid to insurance broker	USD $96
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	No
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
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 $96
Amount paid for insurance broker fees	0
Additional information about fees paid to insurance broker	CONTRACT SERVICE FEES
Insurance broker organization code?	4
Insurance broker name	PAYCHEX SECURITIES CORP

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )

Policy contract number

247873

Policy instance

Insurance contract or identification number	247873
Number of Individuals Covered	6
Insurance policy start date	2012-01-01
Insurance policy end date	2012-12-31
Total amount of commissions paid to insurance broker	USD $1
Total amount of fees paid to insurance company	USD $9
Are there contracts with allocated funds for individual policies?	No
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 $1
Amount paid for insurance broker fees	0
Additional information about fees paid to insurance broker	CONTRACT SERVICE FEES
Insurance broker organization code?	4
Insurance broker name	PAYCHEX SECURITIES CORP

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Company Name:	SEA SHIELD MARINE PRODUCTS, INC
Employer identification number (EIN):	954190334
NAIC Classification:	331400