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NORTH COAST TECHNICAL SALES INC 401K PLAN AND TRUST 401k Plan overview

Plan NameNORTH COAST TECHNICAL SALES INC 401K PLAN AND TRUST
Plan identification number 001

NORTH COAST TECHNICAL SALES INC 401K PLAN AND TRUST 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

NORTH COAST TECHNICAL SALES, INC. has sponsored the creation of one or more 401k plans.

Company Name:NORTH COAST TECHNICAL SALES, INC.
Employer identification number (EIN):200422564
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Additional information about NORTH COAST TECHNICAL SALES, INC.

Jurisdiction of Incorporation: Ohio Secretary of State Business Services Division
Incorporation Date: 2003-11-07
Company Identification Number: 1422079
Legal Registered Office Address: 200 PUBLIC SQUARE
SUITE 2300
CLEVELAND
United States of America (USA)
44114

More information about NORTH COAST TECHNICAL SALES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTH COAST TECHNICAL SALES INC 401K PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01DAVID R. SEXTON2024-10-01
0012023-01-01DAVID R. SEXTON2024-07-09
0012022-01-01DAVID R. SEXTON2023-05-17
0012021-01-01DAVID R. SEXTON2022-06-20
0012020-01-01DAVID R. SEXTON2021-05-17
0012019-01-01DAVID R. SEXTON2020-03-31
0012018-01-01DAVID R. SEXTON2019-04-22
0012017-01-01DAVID R. SEXTON2018-03-23
0012016-01-01DAVID R. SEXTON2017-02-07
0012015-01-01DAVID R. SEXTON2017-02-07
0012015-01-01DAVID R. SEXTON2016-03-04
0012014-01-01DAVID R. SEXTON2015-03-16
0012013-01-01DAVID R. SEXTON2014-04-03
0012012-01-01DAVID R. SEXTON2013-06-18
0012011-01-01DAVID R. SEXTON
0012009-01-01DAVID R. SEXTON DAVID R. SEXTON2010-04-06

Plan Statistics for NORTH COAST TECHNICAL SALES INC 401K PLAN AND TRUST

401k plan membership statisitcs for NORTH COAST TECHNICAL SALES INC 401K PLAN AND TRUST

Measure Date Value
2011: NORTH COAST TECHNICAL SALES INC 401K PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-017
Total number of active participants reported on line 7a of the Form 55002011-01-017
Number of retired or separated participants receiving benefits2011-01-012
Number of other retired or separated participants entitled to future benefits2011-01-011
Total of all active and inactive participants2011-01-0110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0110
Number of participants with account balances2011-01-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: NORTH COAST TECHNICAL SALES INC 401K PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-016
Total number of active participants reported on line 7a of the Form 55002009-01-016
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-016
Number of participants with account balances2009-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on NORTH COAST TECHNICAL SALES INC 401K PLAN AND TRUST

Measure Date Value
2011 : NORTH COAST TECHNICAL SALES INC 401K PLAN AND TRUST 2011 401k financial data
Total income from all sources2011-12-31$31,537
Expenses. Total of all expenses incurred2011-12-31$20,342
Benefits paid (including direct rollovers)2011-12-31$17,973
Total plan assets at end of year2011-12-31$286,955
Total plan assets at beginning of year2011-12-31$275,760
Total contributions received or receivable from participants2011-12-31$50,218
Other income received2011-12-31$-23,703
Net income (gross income less expenses)2011-12-31$11,195
Net plan assets at end of year (total assets less liabilities)2011-12-31$286,955
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$275,760
Total contributions received or receivable from employer(s)2011-12-31$5,022
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$2,369
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : NORTH COAST TECHNICAL SALES INC 401K PLAN AND TRUST 2010 401k financial data
Total income from all sources2010-12-31$84,543
Expenses. Total of all expenses incurred2010-12-31$26,054
Benefits paid (including direct rollovers)2010-12-31$23,982
Total plan assets at end of year2010-12-31$275,760
Total plan assets at beginning of year2010-12-31$217,271
Total contributions received or receivable from participants2010-12-31$48,778
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$33,063
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$58,489
Net plan assets at end of year (total assets less liabilities)2010-12-31$275,760
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$217,271
Total contributions received or receivable from employer(s)2010-12-31$2,702
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$2,072
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : NORTH COAST TECHNICAL SALES INC 401K PLAN AND TRUST 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 NORTH COAST TECHNICAL SALES INC 401K PLAN AND TRUST

2011: NORTH COAST TECHNICAL SALES INC 401K PLAN AND TRUST 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
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 – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: NORTH COAST TECHNICAL SALES INC 401K PLAN AND TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle 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 – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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