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MACSTEELSERVICE CENTERS USA EMPLOYEE SAVINGS PLAN 401k Plan overview

Plan NameMACSTEELSERVICE CENTERS USA EMPLOYEE SAVINGS PLAN
Plan identification number 004

MACSTEELSERVICE CENTERS USA EMPLOYEE SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Puerto Rico Code.

401k Sponsoring company profile

KLOCKNER NAMASCO HOLDING CORP has sponsored the creation of one or more 401k plans.

Company Name:KLOCKNER NAMASCO HOLDING CORP
Employer identification number (EIN):113353275
NAIC Classification:423500

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MACSTEELSERVICE CENTERS USA EMPLOYEE SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042012-01-01CHARLENE E EDWARDS CHARLENE E EDWARDS2013-10-14
0042011-01-01CHARLENE EDWARDS CHARLENE EDWARDS2012-10-17

Plan Statistics for MACSTEELSERVICE CENTERS USA EMPLOYEE SAVINGS PLAN

401k plan membership statisitcs for MACSTEELSERVICE CENTERS USA EMPLOYEE SAVINGS PLAN

Measure Date Value
2012: MACSTEELSERVICE CENTERS USA EMPLOYEE SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-011,299
Total number of active participants reported on line 7a of the Form 55002012-01-010
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-010
Number of participants with account balances2012-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: MACSTEELSERVICE CENTERS USA EMPLOYEE SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-011,296
Total number of active participants reported on line 7a of the Form 55002011-01-011,093
Number of retired or separated participants receiving benefits2011-01-0110
Number of other retired or separated participants entitled to future benefits2011-01-01191
Total of all active and inactive participants2011-01-011,294
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-015
Total participants2011-01-011,299
Number of participants with account balances2011-01-011,223
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0119

Financial Data on MACSTEELSERVICE CENTERS USA EMPLOYEE SAVINGS PLAN

Measure Date Value
2012 : MACSTEELSERVICE CENTERS USA EMPLOYEE SAVINGS PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total transfer of assets from this plan2012-12-31$84,276,219
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$633
Total income from all sources (including contributions)2012-12-31$16,296,556
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$15,938,651
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$15,817,951
Expenses. Certain deemed distributions of participant loans2012-12-31$100,923
Value of total corrective distributions2012-12-31$544
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$7,017,327
Value of total assets at end of year2012-12-31$0
Value of total assets at beginning of year2012-12-31$83,918,947
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$19,233
Total interest from all sources2012-12-31$94,159
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$1,734,167
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$1,734,167
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 period2012-12-31Yes
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
Contributions received from participants2012-12-31$3,731,490
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$2,319,572
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$134,266
Assets. Other investments not covered elsewhere at end of year2012-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2012-12-31$65,945
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$15,389
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$633
Other income not declared elsewhere2012-12-31$0
Administrative expenses (other) incurred2012-12-31$19,233
Total non interest bearing cash at end of year2012-12-31$0
Total non interest bearing cash at beginning of year2012-12-31$340
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$357,905
Value of net assets at end of year (total assets less liabilities)2012-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$83,918,314
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$44,862,898
Interest on participant loans2012-12-31$94,159
Value of interest in common/collective trusts at end of year2012-12-31$0
Value of interest in common/collective trusts at beginning of year2012-12-31$35,651,791
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$127,519
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$127,519
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$5,154,012
Net investment gain or loss from common/collective trusts2012-12-31$2,296,891
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31Yes
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$3,270,448
Employer contributions (assets) at end of year2012-12-31$0
Employer contributions (assets) at beginning of year2012-12-31$756,616
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$15,817,951
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31Yes
Liabilities. Value of benefit claims payable at end of year2012-12-31$0
Did the plan have assets held for investment2012-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31WINDHAM BRANNON, P.C.
Accountancy firm EIN2012-12-31581763439
2011 : MACSTEELSERVICE CENTERS USA EMPLOYEE SAVINGS PLAN 2011 401k financial data
Unrealized appreciation/depreciation of real estate assets2011-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$0
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total transfer of assets to this plan2011-12-31$0
Total transfer of assets from this plan2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$633
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$97,504
Expenses. Interest paid2011-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022011-12-31$0
Total income from all sources (including contributions)2011-12-31$6,463,170
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$9,307,410
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$9,056,291
Expenses. Certain deemed distributions of participant loans2011-12-31$233,258
Value of total corrective distributions2011-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$7,441,825
Value of total assets at end of year2011-12-31$83,918,947
Value of total assets at beginning of year2011-12-31$86,860,058
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$17,861
Total income from rents2011-12-31$0
Total interest from all sources2011-12-31$101,555
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$728,197
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$728,197
Administrative expenses professional fees incurred2011-12-31$0
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$1,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
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
Contributions received from participants2011-12-31$3,920,153
Participant contributions at end of year2011-12-31$2,319,572
Participant contributions at beginning of year2011-12-31$2,262,271
Participant contributions at end of year2011-12-31$134,266
Participant contributions at beginning of year2011-12-31$142,417
Assets. Other investments not covered elsewhere at end of year2011-12-31$65,945
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$65,945
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$192,714
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2011-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$633
Other income not declared elsewhere2011-12-31$102,504
Administrative expenses (other) incurred2011-12-31$17,861
Total non interest bearing cash at end of year2011-12-31$340
Total non interest bearing cash at beginning of year2011-12-31$0
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
Income. Non cash contributions2011-12-31$0
Value of net income/loss2011-12-31$-2,844,240
Value of net assets at end of year (total assets less liabilities)2011-12-31$83,918,314
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$86,762,554
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$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$44,862,898
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$48,425,500
Interest on participant loans2011-12-31$101,553
Income. Interest from loans (other than to participants)2011-12-31$0
Interest earned on other investments2011-12-31$0
Income. Interest from US Government securities2011-12-31$0
Income. Interest from corporate debt instruments2011-12-31$0
Value of interest in common/collective trusts at end of year2011-12-31$35,651,791
Value of interest in common/collective trusts at beginning of year2011-12-31$35,072,435
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$127,519
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$127,984
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$127,984
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$2
Expenses. Payments to insurance carriers foe the provision of benefits2011-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-2,231,139
Net investment gain/loss from pooled separate accounts2011-12-31$0
Net investment gain or loss from common/collective trusts2011-12-31$320,228
Net gain/loss from 103.12 investment entities2011-12-31$0
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
Contributions received in cash from employer2011-12-31$3,328,958
Employer contributions (assets) at end of year2011-12-31$756,616
Employer contributions (assets) at beginning of year2011-12-31$763,506
Income. Dividends from preferred stock2011-12-31$0
Income. Dividends from common stock2011-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$9,056,291
Contract administrator fees2011-12-31$0
Liabilities. Value of benefit claims payable at end of year2011-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2011-12-31$97,504
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$0
Aggregate carrying amount (costs) on sale of assets2011-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31WINDHAM BRANNON, P.C.
Accountancy firm EIN2011-12-31581763439

Form 5500 Responses for MACSTEELSERVICE CENTERS USA EMPLOYEE SAVINGS PLAN

2012: MACSTEELSERVICE CENTERS USA EMPLOYEE SAVINGS PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingYes
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: MACSTEELSERVICE CENTERS USA EMPLOYEE SAVINGS PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedYes
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes

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