QUALITY MACHINE & AUTOMATION, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan QUALITY MACHINE & AUTOMATION INC. EMPLOYEE STOCK OWNERSHIP PLAN
401k plan membership statisitcs for QUALITY MACHINE & AUTOMATION INC. EMPLOYEE STOCK OWNERSHIP PLAN
| Measure | Date | Value |
|---|
| 2023: QUALITY MACHINE & AUTOMATION INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership |
|---|
| Total participants, beginning-of-year | 2023-02-01 | 32 |
| Total number of active participants reported on line 7a of the Form 5500 | 2023-02-01 | 30 |
| Number of retired or separated participants receiving benefits | 2023-02-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2023-02-01 | 4 |
| Total of all active and inactive participants | 2023-02-01 | 34 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2023-02-01 | 0 |
| Total participants | 2023-02-01 | 34 |
| Number of participants with account balances | 2023-02-01 | 34 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2023-02-01 | 0 |
| 2022: QUALITY MACHINE & AUTOMATION INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership |
|---|
| Total participants, beginning-of-year | 2022-02-01 | 29 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-02-01 | 27 |
| Number of retired or separated participants receiving benefits | 2022-02-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2022-02-01 | 5 |
| Total of all active and inactive participants | 2022-02-01 | 32 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-02-01 | 0 |
| Total participants | 2022-02-01 | 32 |
| Number of participants with account balances | 2022-02-01 | 32 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-02-01 | 4 |
| 2021: QUALITY MACHINE & AUTOMATION INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership |
|---|
| Total participants, beginning-of-year | 2021-02-01 | 22 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-02-01 | 26 |
| Number of retired or separated participants receiving benefits | 2021-02-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2021-02-01 | 3 |
| Total of all active and inactive participants | 2021-02-01 | 29 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-02-01 | 0 |
| Total participants | 2021-02-01 | 29 |
| Number of participants with account balances | 2021-02-01 | 29 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-02-01 | 2 |
| 2020: QUALITY MACHINE & AUTOMATION INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership |
|---|
| Total participants, beginning-of-year | 2020-02-01 | 22 |
| Total number of active participants reported on line 7a of the Form 5500 | 2020-02-01 | 21 |
| Number of retired or separated participants receiving benefits | 2020-02-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2020-02-01 | 1 |
| Total of all active and inactive participants | 2020-02-01 | 22 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-02-01 | 0 |
| Total participants | 2020-02-01 | 22 |
| Number of participants with account balances | 2020-02-01 | 22 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-02-01 | 0 |
| Measure | Date | Value |
|---|
| 2024 : QUALITY MACHINE & AUTOMATION INC. EMPLOYEE STOCK OWNERSHIP PLAN 2024 401k financial data |
|---|
| Total plan liabilities at end of year | 2024-01-31 | $2,853 |
| Total plan liabilities at beginning of year | 2024-01-31 | $2,980 |
| Total income from all sources | 2024-01-31 | $1,210,821 |
| Expenses. Total of all expenses incurred | 2024-01-31 | $16,244 |
| Benefits paid (including direct rollovers) | 2024-01-31 | $9,499 |
| Total plan assets at end of year | 2024-01-31 | $6,820,268 |
| Total plan assets at beginning of year | 2024-01-31 | $5,625,818 |
| Value of fidelity bond covering the plan | 2024-01-31 | $10,000 |
| Total contributions received or receivable from participants | 2024-01-31 | $227,369 |
| Expenses. Other expenses not covered elsewhere | 2024-01-31 | $6,745 |
| Contributions received from other sources (not participants or employers) | 2024-01-31 | $82,466 |
| Other income received | 2024-01-31 | $800,227 |
| Net income (gross income less expenses) | 2024-01-31 | $1,194,577 |
| Net plan assets at end of year (total assets less liabilities) | 2024-01-31 | $6,817,415 |
| Net plan assets at beginning of year (total assets less liabilities) | 2024-01-31 | $5,622,838 |
| Assets. Value of employer securities | 2024-01-31 | $2,789,000 |
| Total contributions received or receivable from employer(s) | 2024-01-31 | $100,759 |
| 2023 : QUALITY MACHINE & AUTOMATION INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data |
|---|
| Total plan liabilities at end of year | 2023-01-31 | $2,980 |
| Total plan liabilities at beginning of year | 2023-01-31 | $3,037 |
| Total income from all sources | 2023-01-31 | $4,058,476 |
| Expenses. Total of all expenses incurred | 2023-01-31 | $35,575 |
| Benefits paid (including direct rollovers) | 2023-01-31 | $30,597 |
| Total plan assets at end of year | 2023-01-31 | $5,625,818 |
| Total plan assets at beginning of year | 2023-01-31 | $1,602,974 |
| Value of fidelity bond covering the plan | 2023-01-31 | $10,000 |
| Total contributions received or receivable from participants | 2023-01-31 | $188,428 |
| Expenses. Other expenses not covered elsewhere | 2023-01-31 | $159 |
| Other income received | 2023-01-31 | $3,783,340 |
| Net income (gross income less expenses) | 2023-01-31 | $4,022,901 |
| Net plan assets at end of year (total assets less liabilities) | 2023-01-31 | $5,622,838 |
| Net plan assets at beginning of year (total assets less liabilities) | 2023-01-31 | $1,599,937 |
| Assets. Value of employer securities | 2023-01-31 | $4,887,440 |
| Total contributions received or receivable from employer(s) | 2023-01-31 | $86,708 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2023-01-31 | $4,819 |
| 2022 : QUALITY MACHINE & AUTOMATION INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data |
|---|
| Total plan liabilities at end of year | 2022-01-31 | $3,037 |
| Total plan liabilities at beginning of year | 2022-01-31 | $3,037 |
| Total income from all sources | 2022-01-31 | $1,649,505 |
| Expenses. Total of all expenses incurred | 2022-01-31 | $62,581 |
| Benefits paid (including direct rollovers) | 2022-01-31 | $59,807 |
| Total plan assets at end of year | 2022-01-31 | $1,602,974 |
| Total plan assets at beginning of year | 2022-01-31 | $16,050 |
| Value of fidelity bond covering the plan | 2022-01-31 | $10,000 |
| Total contributions received or receivable from participants | 2022-01-31 | $182,795 |
| Contributions received from other sources (not participants or employers) | 2022-01-31 | $319,855 |
| Noncash contributions received | 2022-01-31 | $1,070,305 |
| Net income (gross income less expenses) | 2022-01-31 | $1,586,924 |
| Net plan assets at end of year (total assets less liabilities) | 2022-01-31 | $1,599,937 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-01-31 | $13,013 |
| Assets. Value of employer securities | 2022-01-31 | $1,070,620 |
| Total contributions received or receivable from employer(s) | 2022-01-31 | $76,550 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2022-01-31 | $2,774 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2022-01-31 | $0 |
| 2021 : QUALITY MACHINE & AUTOMATION INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data |
|---|
| Total plan liabilities at end of year | 2021-01-31 | $3,037 |
| Total plan liabilities at beginning of year | 2021-01-31 | $0 |
| Total income from all sources | 2021-01-31 | $13,050 |
| Expenses. Total of all expenses incurred | 2021-01-31 | $37 |
| Total plan assets at end of year | 2021-01-31 | $16,050 |
| Total plan assets at beginning of year | 2021-01-31 | $0 |
| Total contributions received or receivable from participants | 2021-01-31 | $10,318 |
| Expenses. Other expenses not covered elsewhere | 2021-01-31 | $37 |
| Other income received | 2021-01-31 | $-5,418 |
| Noncash contributions received | 2021-01-31 | $4,950 |
| Net income (gross income less expenses) | 2021-01-31 | $13,013 |
| Net plan assets at end of year (total assets less liabilities) | 2021-01-31 | $13,013 |
| Net plan assets at beginning of year (total assets less liabilities) | 2021-01-31 | $0 |
| Assets. Value of employer securities | 2021-01-31 | $4,801 |
| Total contributions received or receivable from employer(s) | 2021-01-31 | $3,200 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-01-31 | $0 |
| 2023: QUALITY MACHINE & AUTOMATION INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 form 5500 responses |
|---|
| 2023-02-01 | Type of plan entity | Single employer plan |
| 2023-02-01 | Submission has been amended | No |
| 2023-02-01 | This submission is the final filing | No |
| 2023-02-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2023-02-01 | Plan is a collectively bargained plan | No |
| 2023-02-01 | Plan funding arrangement – Trust | Yes |
| 2023-02-01 | Plan benefit arrangement - Trust | Yes |
| 2022: QUALITY MACHINE & AUTOMATION INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses |
|---|
| 2022-02-01 | Type of plan entity | Single employer plan |
| 2022-02-01 | Submission has been amended | No |
| 2022-02-01 | This submission is the final filing | No |
| 2022-02-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2022-02-01 | Plan is a collectively bargained plan | No |
| 2022-02-01 | Plan funding arrangement – Trust | Yes |
| 2022-02-01 | Plan benefit arrangement - Trust | Yes |
| 2021: QUALITY MACHINE & AUTOMATION INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses |
|---|
| 2021-02-01 | Type of plan entity | Single employer plan |
| 2021-02-01 | Submission has been amended | No |
| 2021-02-01 | This submission is the final filing | No |
| 2021-02-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2021-02-01 | Plan is a collectively bargained plan | No |
| 2021-02-01 | Plan funding arrangement – Trust | Yes |
| 2021-02-01 | Plan benefit arrangement - Trust | Yes |
| 2020: QUALITY MACHINE & AUTOMATION INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 form 5500 responses |
|---|
| 2020-02-01 | Type of plan entity | Single employer plan |
| 2020-02-01 | First time form 5500 has been submitted | Yes |
| 2020-02-01 | Submission has been amended | No |
| 2020-02-01 | This submission is the final filing | No |
| 2020-02-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2020-02-01 | Plan is a collectively bargained plan | No |
| 2020-02-01 | Plan funding arrangement – Trust | Yes |
| 2020-02-01 | Plan benefit arrangement - Trust | Yes |
