Logo

ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN 401k Plan overview

Plan NameELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN
Plan identification number 001

ELTECH INDUSTRIES, INC. EMPLOYEE PENSION 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).
  • Money purchase (other than target benefit)
  • 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.
  • 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) received services of leased employees, as defined in Code section 414(n), during the plan year.
  • Life insurance

401k Sponsoring company profile

ELTECH ELEVATOR INDUSTRIES has sponsored the creation of one or more 401k plans.

Company Name:ELTECH ELEVATOR INDUSTRIES
Employer identification number (EIN):112789590
NAIC Classification:238290
NAIC Description:Other Building Equipment Contractors

Additional information about ELTECH ELEVATOR INDUSTRIES

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1985-11-20
Company Identification Number: 1041528
Legal Registered Office Address: 14 VAN CORTLANDT AVE EAST
New York
BRONX
United States of America (USA)
10468

More information about ELTECH ELEVATOR INDUSTRIES

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012023-01-01BRIAN PALOMINO
0012022-01-01
0012022-01-01BRIAN PALOMINO
0012021-01-01
0012021-01-01MICHAEL HOOVER
0012020-01-01
0012019-01-01
0012018-01-01PATRICK KIELY2019-09-26
0012017-01-01PATRICK KIELY
0012016-01-01PATRICK KIELY
0012015-01-01PATRICK KIELY2017-06-13
0012015-01-01PATRICK KIELY2016-05-17
0012014-01-01PATRICK KIELY2015-06-24
0012013-01-01PATRICK KIELY2014-09-30
0012012-01-01PATRICK KIELY2013-10-14
0012011-01-01PATRICK KIELY2012-10-15 PATRICK KIELY2012-10-15
0012010-01-01PATRICK KIELY2012-01-09 PATRICK KIELY2012-01-09

Financial Data on ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN

Measure Date Value
2023 : ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN 2023 401k financial data
Transfers to/from the plan2023-12-31$-2,202,377
Total income from all sources2023-12-31$22,844
Expenses. Total of all expenses incurred2023-12-31$0
Total plan assets at end of year2023-12-31$0
Total plan assets at beginning of year2023-12-31$2,179,533
Value of fidelity bond covering the plan2023-12-31$500,000
Other income received2023-12-31$22,844
Net income (gross income less expenses)2023-12-31$22,844
Net plan assets at end of year (total assets less liabilities)2023-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$2,179,533
Assets. Value of participant loans2023-12-31$0
2022 : ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN 2022 401k financial data
Total income from all sources2022-12-31$-957,341
Expenses. Total of all expenses incurred2022-12-31$5,092,307
Benefits paid (including direct rollovers)2022-12-31$5,091,119
Total plan assets at end of year2022-12-31$2,179,533
Total plan assets at beginning of year2022-12-31$8,229,181
Value of fidelity bond covering the plan2022-12-31$500,000
Other income received2022-12-31$-1,374,817
Net income (gross income less expenses)2022-12-31$-6,049,648
Net plan assets at end of year (total assets less liabilities)2022-12-31$2,179,533
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$8,229,181
Assets. Value of participant loans2022-12-31$4,115
Total contributions received or receivable from employer(s)2022-12-31$417,476
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$1,188
2021 : ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN 2021 401k financial data
Total income from all sources2021-12-31$719,043
Expenses. Total of all expenses incurred2021-12-31$1,658,239
Benefits paid (including direct rollovers)2021-12-31$1,657,769
Total plan assets at end of year2021-12-31$8,229,181
Total plan assets at beginning of year2021-12-31$9,168,377
Value of fidelity bond covering the plan2021-12-31$500,000
Other income received2021-12-31$719,043
Net income (gross income less expenses)2021-12-31$-939,196
Net plan assets at end of year (total assets less liabilities)2021-12-31$8,229,181
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$9,168,377
Assets. Value of participant loans2021-12-31$1,302
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$470
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
2020 : ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN 2020 401k financial data
Total income from all sources2020-12-31$1,336,470
Expenses. Total of all expenses incurred2020-12-31$358
Total plan assets at end of year2020-12-31$9,168,377
Total plan assets at beginning of year2020-12-31$7,832,265
Value of fidelity bond covering the plan2020-12-31$500,000
Other income received2020-12-31$820,605
Net income (gross income less expenses)2020-12-31$1,336,112
Net plan assets at end of year (total assets less liabilities)2020-12-31$9,168,377
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$7,832,265
Assets. Value of participant loans2020-12-31$8,254
Total contributions received or receivable from employer(s)2020-12-31$515,865
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$358
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN 2019 401k financial data
Total income from all sources2019-12-31$1,447,335
Expenses. Total of all expenses incurred2019-12-31$100,059
Benefits paid (including direct rollovers)2019-12-31$99,559
Total plan assets at end of year2019-12-31$7,832,265
Total plan assets at beginning of year2019-12-31$6,484,989
Value of fidelity bond covering the plan2019-12-31$500,000
Total contributions received or receivable from participants2019-12-31$1,134
Other income received2019-12-31$987,860
Net income (gross income less expenses)2019-12-31$1,347,276
Net plan assets at end of year (total assets less liabilities)2019-12-31$7,832,265
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$6,484,989
Assets. Value of participant loans2019-12-31$19,287
Total contributions received or receivable from employer(s)2019-12-31$458,341
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$500
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN 2018 401k financial data
Total income from all sources2018-12-31$203,067
Expenses. Total of all expenses incurred2018-12-31$97,285
Benefits paid (including direct rollovers)2018-12-31$96,665
Total plan assets at end of year2018-12-31$6,484,989
Total plan assets at beginning of year2018-12-31$6,379,207
Value of fidelity bond covering the plan2018-12-31$500,000
Contributions received from other sources (not participants or employers)2018-12-31$1,068
Other income received2018-12-31$-235,415
Net income (gross income less expenses)2018-12-31$105,782
Net plan assets at end of year (total assets less liabilities)2018-12-31$6,484,989
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$6,379,207
Assets. Value of participant loans2018-12-31$28,473
Total contributions received or receivable from employer(s)2018-12-31$437,414
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$620
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN 2017 401k financial data
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$1,104,429
Expenses. Total of all expenses incurred2017-12-31$121,691
Benefits paid (including direct rollovers)2017-12-31$87,478
Total plan assets at end of year2017-12-31$6,379,207
Total plan assets at beginning of year2017-12-31$5,396,469
Value of fidelity bond covering the plan2017-12-31$500,000
Other income received2017-12-31$691,502
Net income (gross income less expenses)2017-12-31$982,738
Net plan assets at end of year (total assets less liabilities)2017-12-31$6,379,207
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$5,396,469
Assets. Value of participant loans2017-12-31$39,222
Total contributions received or receivable from employer(s)2017-12-31$412,927
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$34,213
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$491,929
Expenses. Total of all expenses incurred2016-12-31$81,687
Benefits paid (including direct rollovers)2016-12-31$31,146
Total plan assets at end of year2016-12-31$5,396,469
Total plan assets at beginning of year2016-12-31$4,986,227
Value of fidelity bond covering the plan2016-12-31$500,000
Total contributions received or receivable from participants2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$184,630
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$410,242
Net plan assets at end of year (total assets less liabilities)2016-12-31$5,396,469
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$4,986,227
Assets. Value of participant loans2016-12-31$29,408
Total contributions received or receivable from employer(s)2016-12-31$307,299
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$50,541
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0

Form 5500 Responses for ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN

2023: ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingYes
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: ELTECH INDUSTRIES, INC. EMPLOYEE PENSION PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

NORTHWESTERN MUTUAL (National Association of Insurance Commissioners NAIC id number: 67091 )
Policy contract number25887
Policy instance 1
Insurance contract or identification number25887
Number of Individuals Covered0
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Are there contracts with allocated funds for individual policies?1
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
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
NORTHWESTERN MUTUAL (National Association of Insurance Commissioners NAIC id number: 67091 )
Policy contract number25887
Policy instance 1
NORTHWESTERN MUTUAL (National Association of Insurance Commissioners NAIC id number: 67091 )
Policy contract number25887
Policy instance 1
NORTHWESTERN MUTUAL (National Association of Insurance Commissioners NAIC id number: 67091 )
Policy contract number25887
Policy instance 1
NORTHWESTERN MUTUAL (National Association of Insurance Commissioners NAIC id number: 67091 )
Policy contract number25887
Policy instance 1
NORTHWESTERN MUTUAL (National Association of Insurance Commissioners NAIC id number: 67091 )
Policy contract number25887
Policy instance 1

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1