DAVIS & TOWLE GROUP, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan DAVIS & TOWLE GROUP, INC. 401K PLAN & TRUST
401k plan membership statisitcs for DAVIS & TOWLE GROUP, INC. 401K PLAN & TRUST
| Measure | Date | Value |
|---|
| 2023 : DAVIS & TOWLE GROUP, INC. 401K PLAN & TRUST 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $2,977,929 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,161,776 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,103,927 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,219,127 |
| Value of total assets at end of year | 2023-12-31 | $11,699,590 |
| Value of total assets at beginning of year | 2023-12-31 | $9,883,437 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $57,849 |
| Total interest from all sources | 2023-12-31 | $9,678 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $875,531 |
| Participant contributions at end of year | 2023-12-31 | $136,110 |
| Participant contributions at beginning of year | 2023-12-31 | $142,927 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $37,390 |
| Other income not declared elsewhere | 2023-12-31 | $67,903 |
| Total non interest bearing cash at end of year | 2023-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $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 | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $1,816,153 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $11,699,590 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $9,883,437 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $9,276,029 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $7,356,718 |
| Interest on participant loans | 2023-12-31 | $9,678 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $2,285,167 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $2,373,902 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $1,681,221 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $306,206 |
| Employer contributions (assets) at end of year | 2023-12-31 | $2,284 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $9,890 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,103,927 |
| Contract administrator fees | 2023-12-31 | $57,849 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | CARON & BLETZER, PLLC |
| Accountancy firm EIN | 2023-12-31 | 043499945 |
| 2022 : DAVIS & TOWLE GROUP, INC. 401K PLAN & TRUST 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| 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 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-1,209,484 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $2,042,215 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,985,644 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,030,090 |
| Value of total assets at end of year | 2022-12-31 | $9,883,437 |
| Value of total assets at beginning of year | 2022-12-31 | $13,135,136 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $56,571 |
| Total interest from all sources | 2022-12-31 | $6,574 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
| 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 | $747,428 |
| Participant contributions at end of year | 2022-12-31 | $142,927 |
| Participant contributions at beginning of year | 2022-12-31 | $93,438 |
| Participant contributions at end of year | 2022-12-31 | $0 |
| Participant contributions at beginning of year | 2022-12-31 | $1,245 |
| Other income not declared elsewhere | 2022-12-31 | $60,195 |
| 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 |
| Value of net income/loss | 2022-12-31 | $-3,251,699 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $9,883,437 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $13,135,136 |
| 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 | $46,236 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $11,868,890 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $7,356,718 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $0 |
| Interest on participant loans | 2022-12-31 | $6,574 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $2,373,902 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $1,170,960 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,306,343 |
| 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 |
| Contributions received in cash from employer | 2022-12-31 | $282,662 |
| Employer contributions (assets) at end of year | 2022-12-31 | $9,890 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $603 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,985,644 |
| Contract administrator fees | 2022-12-31 | $10,335 |
| 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 |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | CARON & BLETZER, PLLC |
| Accountancy firm EIN | 2022-12-31 | 043499945 |
| 2021 : DAVIS & TOWLE GROUP, INC. 401K PLAN & TRUST 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 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $2,823,555 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $1,854,049 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,788,263 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,096,983 |
| Value of total assets at end of year | 2021-12-31 | $13,135,136 |
| Value of total assets at beginning of year | 2021-12-31 | $12,165,630 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $65,786 |
| Total interest from all sources | 2021-12-31 | $8,197 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
| 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 | $811,405 |
| Participant contributions at end of year | 2021-12-31 | $93,438 |
| Participant contributions at beginning of year | 2021-12-31 | $166,809 |
| Participant contributions at end of year | 2021-12-31 | $1,245 |
| Participant contributions at beginning of year | 2021-12-31 | $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 | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $969,506 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $13,135,136 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $12,165,630 |
| 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 | $11,868,890 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $9,706,188 |
| Interest on participant loans | 2021-12-31 | $8,197 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $1,170,960 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $2,292,633 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,718,375 |
| 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 | No |
| 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 | $285,578 |
| Employer contributions (assets) at end of year | 2021-12-31 | $603 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,788,263 |
| Contract administrator fees | 2021-12-31 | $65,786 |
| 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 | Unqualified |
| Accountancy firm name | 2021-12-31 | CARON & BLETZER, PLLC |
| Accountancy firm EIN | 2021-12-31 | 043499945 |
