401k Plan data: G & J STEEL & TUBING 401(K) PROFIT SHARING PLAN AND TRUST plan

G & J STEEL & TUBING 401(K) PROFIT SHARING PLAN AND TRUST 401k Plan overview

Plan Name	G & J STEEL & TUBING 401(K) PROFIT SHARING PLAN AND TRUST
Plan identification number	002

G & J STEEL & TUBING 401(K) PROFIT SHARING PLAN AND TRUST Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
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

G & J STEEL & TUBING, INC. has sponsored the creation of one or more 401k plans.

Company Name: G & J STEEL & TUBING, INC.

Employer identification number (EIN): 222106625

NAIC Classification: 332900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan G & J STEEL & TUBING 401(K) PROFIT SHARING PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01
002 2022-01-01
002 2021-01-01
002 2020-01-01 JOHN TURSKY 2021-10-14
002 2020-01-01 JOHN TURSKY 2022-07-13
002 2019-01-01 JOHN TURSKY 2020-10-07
002 2018-01-01 JOHN TURSKY 2019-09-30
002 2017-01-01 JOHN TURSKY 2018-07-27
002 2016-01-01 JOHN TURSKY 2017-09-18
002 2015-01-01 JOHN TURSKY 2016-09-20
002 2014-01-01 JOHN TURSKY 2015-09-09
002 2013-01-01 JOHN TURSKY 2014-10-10
002 2012-01-01 JOHN TURSKY 2013-10-15
002 2011-01-01 JOHN TURSKY 2012-10-15
002 2010-01-01 JOHN TURSKY

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2023-01-01
002	2022-01-01
002	2021-01-01
002	2020-01-01	JOHN TURSKY	2021-10-14
002	2020-01-01	JOHN TURSKY	2022-07-13
002	2019-01-01	JOHN TURSKY	2020-10-07
002	2018-01-01	JOHN TURSKY	2019-09-30
002	2017-01-01	JOHN TURSKY	2018-07-27
002	2016-01-01	JOHN TURSKY	2017-09-18
002	2015-01-01	JOHN TURSKY	2016-09-20
002	2014-01-01	JOHN TURSKY	2015-09-09
002	2013-01-01	JOHN TURSKY	2014-10-10
002	2012-01-01	JOHN TURSKY	2013-10-15
002	2011-01-01	JOHN TURSKY	2012-10-15
002	2010-01-01	JOHN TURSKY

Plan Statistics for G & J STEEL & TUBING 401(K) PROFIT SHARING PLAN AND TRUST

401k plan membership statisitcs for G & J STEEL & TUBING 401(K) PROFIT SHARING PLAN AND TRUST

Measure Date Value
2010: G & J STEEL & TUBING 401(K) PROFIT SHARING PLAN AND TRUST 2010 401k membership
Total participants, beginning-of-year 2010-01-01 29
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 27
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 0
Total of all active and inactive participants 2010-01-01 27
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 27
Number of participants with account balances 2010-01-01 27
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0

Measure	Date	Value
2010: G & J STEEL & TUBING 401(K) PROFIT SHARING PLAN AND TRUST 2010 401k membership
Total participants, beginning-of-year	2010-01-01	29
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	27
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	0
Total of all active and inactive participants	2010-01-01	27
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	27
Number of participants with account balances	2010-01-01	27
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0

Financial Data on G & J STEEL & TUBING 401(K) PROFIT SHARING PLAN AND TRUST

Measure	Date	Value
2010 : G & J STEEL & TUBING 401(K) PROFIT SHARING PLAN AND TRUST 2010 401k financial data
Total income from all sources	2010-12-31	$155,095
Expenses. Total of all expenses incurred	2010-12-31	$5,676
Benefits paid (including direct rollovers)	2010-12-31	$0
Total plan assets at end of year	2010-12-31	$655,938
Total plan assets at beginning of year	2010-12-31	$506,519
Value of fidelity bond covering the plan	2010-12-31	$70,000
Total contributions received or receivable from participants	2010-12-31	$75,092
Expenses. Other expenses not covered elsewhere	2010-12-31	$0
Contributions received from other sources (not participants or employers)	2010-12-31	$0
Other income received	2010-12-31	$50,838
Noncash contributions received	2010-12-31	$0
Net income (gross income less expenses)	2010-12-31	$149,419
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$655,938
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$506,519
Assets. Value of participant loans	2010-12-31	$13,102
Total contributions received or receivable from employer(s)	2010-12-31	$29,165
Value of certain deemed distributions of participant loans	2010-12-31	$0
Value of corrective distributions	2010-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$5,676

Form 5500 Responses for G & J STEEL & TUBING 401(K) PROFIT SHARING PLAN AND TRUST

2010: G & J STEEL & TUBING 401(K) PROFIT SHARING PLAN AND TRUST 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	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

600717-000

Policy instance

Insurance contract or identification number	600717-000
Number of Individuals Covered	27
Insurance policy start date	2010-01-01
Insurance policy end date	2010-12-31
Total amount of commissions paid to insurance broker	USD $5,542
Total amount of fees paid to insurance company	USD $134
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?	Yes
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

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Company Name:	G & J STEEL & TUBING, INC.
Employer identification number (EIN):	222106625
NAIC Classification:	332900