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SABIN METAL CORP. PROFIT SHARING PLAN 401k Plan overview

Plan NameSABIN METAL CORP. PROFIT SHARING PLAN
Plan identification number 002

SABIN METAL CORP. PROFIT SHARING PLAN Benefits

401k Plan TypeDefined 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
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SABIN METAL CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:SABIN METAL CORPORATION
Employer identification number (EIN):111736129
NAIC Classification:339900

Additional information about SABIN METAL CORPORATION

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1945-01-04
Company Identification Number: 55729
Legal Registered Office Address: 28 LIBERTY STREET
New York
NEW YORK
United States of America (USA)
10005

More information about SABIN METAL CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SABIN METAL CORP. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022013-01-01MARIE FEENEY
0022012-01-01MARIE FEENEY
0022011-01-01MARIE FEENEY
0022009-01-01MARIE FEENEY

Financial Data on SABIN METAL CORP. PROFIT SHARING PLAN

Measure Date Value
2013 : SABIN METAL CORP. PROFIT SHARING PLAN 2013 401k financial data
Total transfer of assets from this plan2013-03-31$1,855,168
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-03-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-03-31$14,018
Total income from all sources (including contributions)2013-03-31$106,514
Total loss/gain on sale of assets2013-03-31$89,013
Total of all expenses incurred2013-03-31$30,951
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-03-31$24,845
Value of total assets at end of year2013-03-31$0
Value of total assets at beginning of year2013-03-31$1,793,623
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-03-31$6,106
Total interest from all sources2013-03-31$27
Total dividends received (eg from common stock, registered investment company shares)2013-03-31$6,346
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-03-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2013-03-31$0
Total dividends received from registered investment company shares (eg mutual funds)2013-03-31$2,556
Administrative expenses professional fees incurred2013-03-31$6,229
Was this plan covered by a fidelity bond2013-03-31Yes
Value of fidelity bond cover2013-03-31$1,000,000
If this is an individual account plan, was there a blackout period2013-03-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-03-31$0
Were there any nonexempt tranactions with any party-in-interest2013-03-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-03-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-03-31$1,980
Administrative expenses (other) incurred2013-03-31$-123
Liabilities. Value of operating payables at end of year2013-03-31$0
Liabilities. Value of operating payables at beginning of year2013-03-31$14,018
Total non interest bearing cash at end of year2013-03-31$0
Total non interest bearing cash at beginning of year2013-03-31$976
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-03-31No
Value of net income/loss2013-03-31$75,563
Value of net assets at end of year (total assets less liabilities)2013-03-31$0
Value of net assets at beginning of year (total assets less liabilities)2013-03-31$1,779,605
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-03-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-03-31No
Were any leases to which the plan was party in default or uncollectible2013-03-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-03-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-03-31$864,282
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-03-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-03-31$69,125
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-03-31$69,125
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-03-31$27
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-03-31$11,128
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-03-31Yes
Was there a failure to transmit to the plan any participant contributions2013-03-31No
Has the plan failed to provide any benefit when due under the plan2013-03-31No
Income. Dividends from common stock2013-03-31$3,790
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-03-31$24,845
Assets. Corporate common stocks other than exployer securities at end of year2013-03-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2013-03-31$857,260
Did the plan have assets held for investment2013-03-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-03-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-03-31Yes
Aggregate proceeds on sale of assets2013-03-31$951,926
Aggregate carrying amount (costs) on sale of assets2013-03-31$862,913
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-03-31No
Opinion of an independent qualified public accountant for this plan2013-03-31Unqualified
Accountancy firm name2013-03-31BUCHBINDER TUNICK & COMPANY, LLC
Accountancy firm EIN2013-03-31131578842
2012 : SABIN METAL CORP. PROFIT SHARING PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$116,078
Total unrealized appreciation/depreciation of assets2012-12-31$116,078
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$14,018
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$30,570
Total income from all sources (including contributions)2012-12-31$215,611
Total loss/gain on sale of assets2012-12-31$26,502
Total of all expenses incurred2012-12-31$47,853
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$13,749
Value of total assets at end of year2012-12-31$1,793,623
Value of total assets at beginning of year2012-12-31$1,642,417
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$34,104
Total interest from all sources2012-12-31$5
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$46,690
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$28,629
Administrative expenses professional fees incurred2012-12-31$24,723
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$1,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$1,980
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$1,506
Liabilities. Value of operating payables at end of year2012-12-31$14,018
Liabilities. Value of operating payables at beginning of year2012-12-31$30,570
Total non interest bearing cash at end of year2012-12-31$976
Total non interest bearing cash at beginning of year2012-12-31$14,368
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$167,758
Value of net assets at end of year (total assets less liabilities)2012-12-31$1,779,605
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$1,611,847
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$9,381
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$864,282
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$752,852
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$69,125
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$85,686
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$85,686
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$5
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$26,336
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Income. Dividends from common stock2012-12-31$18,061
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$13,749
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$857,260
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$788,005
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Aggregate proceeds on sale of assets2012-12-31$173,306
Aggregate carrying amount (costs) on sale of assets2012-12-31$146,804
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31BUCHBINDER TUNICK & COMPANY, LLC
Accountancy firm EIN2012-12-31131578842
2011 : SABIN METAL CORP. PROFIT SHARING PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$26,256
Total unrealized appreciation/depreciation of assets2011-12-31$26,256
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$30,570
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$14,828
Total income from all sources (including contributions)2011-12-31$47,255
Total loss/gain on sale of assets2011-12-31$12,808
Total of all expenses incurred2011-12-31$92,413
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$55,934
Value of total assets at end of year2011-12-31$1,642,417
Value of total assets at beginning of year2011-12-31$1,671,833
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$36,479
Total interest from all sources2011-12-31$5
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$32,200
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$13,611
Administrative expenses professional fees incurred2011-12-31$28,421
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$1,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$1,506
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$1,126
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$0
Liabilities. Value of operating payables at end of year2011-12-31$30,570
Liabilities. Value of operating payables at beginning of year2011-12-31$14,828
Total non interest bearing cash at end of year2011-12-31$14,368
Total non interest bearing cash at beginning of year2011-12-31$637
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-45,158
Value of net assets at end of year (total assets less liabilities)2011-12-31$1,611,847
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$1,657,005
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$8,058
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$752,852
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$806,866
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$85,686
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$21,359
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$21,359
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$5
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-24,014
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Income. Dividends from common stock2011-12-31$18,589
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$55,934
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$788,005
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$841,845
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$191,252
Aggregate carrying amount (costs) on sale of assets2011-12-31$178,444
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31BUCHBINDER TUNICK & COMPANY, LLP
Accountancy firm EIN2011-12-31131578842
2010 : SABIN METAL CORP. PROFIT SHARING PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$98,700
Total unrealized appreciation/depreciation of assets2010-12-31$98,700
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$14,828
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$12,963
Total income from all sources (including contributions)2010-12-31$170,791
Total loss/gain on sale of assets2010-12-31$10,820
Total of all expenses incurred2010-12-31$102,707
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$65,398
Value of total assets at end of year2010-12-31$1,671,833
Value of total assets at beginning of year2010-12-31$1,601,884
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$37,309
Total interest from all sources2010-12-31$3
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$32,306
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$16,573
Administrative expenses professional fees incurred2010-12-31$27,542
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$1,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$1,126
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$923
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$477
Liabilities. Value of operating payables at end of year2010-12-31$14,351
Liabilities. Value of operating payables at beginning of year2010-12-31$12,963
Total non interest bearing cash at end of year2010-12-31$637
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$68,084
Value of net assets at end of year (total assets less liabilities)2010-12-31$1,657,005
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$1,588,921
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$9,767
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$806,866
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$837,904
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$21,359
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$5,834
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$5,834
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$3
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$28,962
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Income. Dividends from common stock2010-12-31$15,733
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$65,398
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$841,845
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$757,223
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$164,638
Aggregate carrying amount (costs) on sale of assets2010-12-31$153,818
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31BUCHBINDER TUNICK & COMPANY LLP
Accountancy firm EIN2010-12-31131578842
2009 : SABIN METAL CORP. PROFIT SHARING PLAN 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
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$0
Amount contributed by the employer to the plan for this plan year2009-12-31$0

Form 5500 Responses for SABIN METAL CORP. PROFIT SHARING PLAN

2013: SABIN METAL CORP. PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedYes
2013-01-01This submission is the final filingYes
2013-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: SABIN METAL CORP. PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: SABIN METAL CORP. PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: SABIN METAL CORP. PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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