MASPETH WELDING INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MASPETH WELDING INC 401 K PROFIT SHARING PLAN TRUST
401k plan membership statisitcs for MASPETH WELDING INC 401 K PROFIT SHARING PLAN TRUST
Measure | Date | Value |
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2022: MASPETH WELDING INC 401 K PROFIT SHARING PLAN TRUST 2022 401k membership |
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Total participants, beginning-of-year | 2022-01-01 | 179 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 109 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 23 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 0 |
Total of all active and inactive participants | 2022-01-01 | 132 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
Total participants | 2022-01-01 | 132 |
Number of participants with account balances | 2022-01-01 | 92 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 8 |
2021: MASPETH WELDING INC 401 K PROFIT SHARING PLAN TRUST 2021 401k membership |
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Total participants, beginning-of-year | 2021-01-01 | 170 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 156 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 20 |
Total of all active and inactive participants | 2021-01-01 | 176 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
Total participants | 2021-01-01 | 176 |
Number of participants with account balances | 2021-01-01 | 93 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 6 |
2020: MASPETH WELDING INC 401 K PROFIT SHARING PLAN TRUST 2020 401k membership |
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Total participants, beginning-of-year | 2020-01-01 | 142 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 145 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 21 |
Total of all active and inactive participants | 2020-01-01 | 166 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 0 |
Total participants | 2020-01-01 | 166 |
Number of participants with account balances | 2020-01-01 | 93 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 3 |
2014: MASPETH WELDING INC 401 K PROFIT SHARING PLAN TRUST 2014 401k membership |
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Total participants, beginning-of-year | 2014-01-01 | 78 |
Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 86 |
Number of retired or separated participants receiving benefits | 2014-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 13 |
Total of all active and inactive participants | 2014-01-01 | 99 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 2 |
Total participants | 2014-01-01 | 101 |
Number of participants with account balances | 2014-01-01 | 67 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 28 |
2013: MASPETH WELDING INC 401 K PROFIT SHARING PLAN TRUST 2013 401k membership |
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Total participants, beginning-of-year | 2013-01-01 | 63 |
Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 66 |
Number of retired or separated participants receiving benefits | 2013-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 11 |
Total of all active and inactive participants | 2013-01-01 | 77 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 0 |
Total participants | 2013-01-01 | 77 |
Number of participants with account balances | 2013-01-01 | 61 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 3 |
Measure | Date | Value |
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2022 : MASPETH WELDING INC 401 K PROFIT SHARING PLAN TRUST 2022 401k financial data |
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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 | $63,924 |
Total income from all sources (including contributions) | 2022-12-31 | $286,452 |
Total of all expenses incurred | 2022-12-31 | $1,633,934 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,582,714 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,474,618 |
Value of total assets at end of year | 2022-12-31 | $8,521,876 |
Value of total assets at beginning of year | 2022-12-31 | $9,933,282 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $51,220 |
Total interest from all sources | 2022-12-31 | $13,329 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
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 | $686,894 |
Participant contributions at end of year | 2022-12-31 | $290,011 |
Participant contributions at beginning of year | 2022-12-31 | $258,290 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $624,273 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $8,516 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $63,924 |
Administrative expenses (other) incurred | 2022-12-31 | $25,317 |
Total non interest bearing cash at end of year | 2022-12-31 | $19,303 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $33,184 |
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 | $-1,347,482 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $8,521,876 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $9,869,358 |
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 | $29,453 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $8,212,562 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $9,641,808 |
Interest on participant loans | 2022-12-31 | $13,329 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-1,201,495 |
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 | $163,451 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,582,714 |
Contract administrator fees | 2022-12-31 | $21,767 |
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 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2022-12-31 | $63,924 |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | LILLING & COMPANY, LLP |
Accountancy firm EIN | 2022-12-31 | 133447681 |
2021 : MASPETH WELDING INC 401 K PROFIT SHARING PLAN TRUST 2021 401k financial data |
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Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $63,924 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $7,341 |
Total income from all sources (including contributions) | 2021-12-31 | $2,140,108 |
Total of all expenses incurred | 2021-12-31 | $697,572 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $639,569 |
Value of total corrective distributions | 2021-12-31 | $6,891 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $901,951 |
Value of total assets at end of year | 2021-12-31 | $9,933,282 |
Value of total assets at beginning of year | 2021-12-31 | $8,434,163 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $51,112 |
Total interest from all sources | 2021-12-31 | $13,351 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Administrative expenses professional fees incurred | 2021-12-31 | $2,170 |
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 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $699,969 |
Participant contributions at end of year | 2021-12-31 | $258,290 |
Participant contributions at beginning of year | 2021-12-31 | $208,053 |
Total non interest bearing cash at end of year | 2021-12-31 | $33,184 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $28,092 |
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 | $1,442,536 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $9,869,358 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $8,426,822 |
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 pooled separate accounts at end of year | 2021-12-31 | $9,641,808 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $8,167,087 |
Interest on participant loans | 2021-12-31 | $9,873 |
Interest earned on other investments | 2021-12-31 | $3,478 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $30,931 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $1,224,806 |
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 | $201,982 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $639,569 |
Contract administrator fees | 2021-12-31 | $48,942 |
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 |
Liabilities. Value of acquisition indebtedness at end of year | 2021-12-31 | $63,924 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2021-12-31 | $7,341 |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | LILLING & COMPANY, LLP |
Accountancy firm EIN | 2021-12-31 | 133447681 |
2020 : MASPETH WELDING INC 401 K PROFIT SHARING PLAN TRUST 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $7,341 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $1,818,118 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $1,127,851 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $1,113,132 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $689,438 |
Value of total assets at end of year | 2020-12-31 | $8,434,163 |
Value of total assets at beginning of year | 2020-12-31 | $7,736,555 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $14,719 |
Total interest from all sources | 2020-12-31 | $48,338 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $541,257 |
Participant contributions at end of year | 2020-12-31 | $208,053 |
Participant contributions at beginning of year | 2020-12-31 | $173,838 |
Administrative expenses (other) incurred | 2020-12-31 | $0 |
Total non interest bearing cash at end of year | 2020-12-31 | $28,092 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $690,267 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $8,426,822 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $7,736,555 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2020-12-31 | $8,167,087 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $7,562,717 |
Interest on participant loans | 2020-12-31 | $7,593 |
Interest earned on other investments | 2020-12-31 | $40,745 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $30,931 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $1,080,342 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $148,181 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $1,113,132 |
Contract administrator fees | 2020-12-31 | $14,719 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | Yes |
Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Liabilities. Value of acquisition indebtedness at end of year | 2020-12-31 | $7,341 |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
Accountancy firm name | 2020-12-31 | LILLING & COMPANY LLP |
Accountancy firm EIN | 2020-12-31 | 133447681 |
2014 : MASPETH WELDING INC 401 K PROFIT SHARING PLAN TRUST 2014 401k financial data |
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Transfers to/from the plan | 2014-12-31 | $138 |
Total income from all sources | 2014-12-31 | $628,675 |
Expenses. Total of all expenses incurred | 2014-12-31 | $49,073 |
Benefits paid (including direct rollovers) | 2014-12-31 | $41,875 |
Total plan assets at end of year | 2014-12-31 | $3,768,165 |
Total plan assets at beginning of year | 2014-12-31 | $3,188,425 |
Value of fidelity bond covering the plan | 2014-12-31 | $500,000 |
Total contributions received or receivable from participants | 2014-12-31 | $348,009 |
Expenses. Other expenses not covered elsewhere | 2014-12-31 | $756 |
Contributions received from other sources (not participants or employers) | 2014-12-31 | $0 |
Other income received | 2014-12-31 | $174,739 |
Net income (gross income less expenses) | 2014-12-31 | $579,602 |
Net plan assets at end of year (total assets less liabilities) | 2014-12-31 | $3,768,165 |
Net plan assets at beginning of year (total assets less liabilities) | 2014-12-31 | $3,188,425 |
Assets. Value of participant loans | 2014-12-31 | $190,892 |
Total contributions received or receivable from employer(s) | 2014-12-31 | $105,927 |
Value of certain deemed distributions of participant loans | 2014-12-31 | $0 |
Value of corrective distributions | 2014-12-31 | $6,442 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
2013 : MASPETH WELDING INC 401 K PROFIT SHARING PLAN TRUST 2013 401k financial data |
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Transfers to/from the plan | 2013-12-31 | $2,575,256 |
Total income from all sources | 2013-12-31 | $726,538 |
Expenses. Total of all expenses incurred | 2013-12-31 | $127,490 |
Benefits paid (including direct rollovers) | 2013-12-31 | $125,128 |
Total plan assets at end of year | 2013-12-31 | $3,188,425 |
Total plan assets at beginning of year | 2013-12-31 | $14,121 |
Total contributions received or receivable from participants | 2013-12-31 | $316,651 |
Expenses. Other expenses not covered elsewhere | 2013-12-31 | $848 |
Contributions received from other sources (not participants or employers) | 2013-12-31 | $0 |
Other income received | 2013-12-31 | $312,701 |
Net income (gross income less expenses) | 2013-12-31 | $599,048 |
Net plan assets at end of year (total assets less liabilities) | 2013-12-31 | $3,188,425 |
Net plan assets at beginning of year (total assets less liabilities) | 2013-12-31 | $14,121 |
Assets. Value of participant loans | 2013-12-31 | $83,948 |
Total contributions received or receivable from employer(s) | 2013-12-31 | $97,186 |
Value of certain deemed distributions of participant loans | 2013-12-31 | $0 |
Value of corrective distributions | 2013-12-31 | $1,514 |
Funding deficiency by the employer to the plan for this plan year | 2013-12-31 | $0 |
Minimum employer required contribution for this plan year | 2013-12-31 | $0 |
Amount contributed by the employer to the plan for this plan year | 2013-12-31 | $0 |