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ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST
Plan identification number 001

ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 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.
  • 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.

401k Sponsoring company profile

LAWARD HOLDINGS, INC. DBA ATLANTA PRECISION METAL FORMING has sponsored the creation of one or more 401k plans.

Company Name:LAWARD HOLDINGS, INC. DBA ATLANTA PRECISION METAL FORMING
Employer identification number (EIN):201481586
NAIC Classification:332900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ASHWANI BHAT2024-08-29 ASHWANI BHAT2024-08-29
0012022-01-01JOHN WESTERMAN2023-05-31 JOHN WESTERMAN2023-05-31
0012021-01-01JOHN WESTERMAN2022-08-25 JOHN WESTERMAN2022-08-25
0012020-01-01JOHN WESTERMAN2021-08-23 JOHN WESTERMAN2021-08-23
0012019-01-01JOHN WESTERMAN2020-09-30 JOHN WESTERMAN2020-09-30
0012018-01-01JOHN WESTERMAN2019-07-12 JOHN WESTERMAN2019-07-12
0012017-01-01JOHN WESTERMAN2018-10-02 JOHN WESTERMAN2018-10-02
0012016-01-01JOHN WESTERMAN
0012015-01-01JOHN WESTERMAN
0012014-01-01JOHN WESTERMAN
0012013-01-01JOHN WESTERMAN
0012012-01-01PHIL HAMBY
0012011-01-01PHIL HAMBY

Plan Statistics for ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST

Measure Date Value
2016: ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-0187
Total number of active participants reported on line 7a of the Form 55002016-01-0181
Total of all active and inactive participants2016-01-0181
Total participants2016-01-0181
Number of participants with account balances2016-01-0134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-0189
Total number of active participants reported on line 7a of the Form 55002015-01-0187
Total of all active and inactive participants2015-01-0187
Total participants2015-01-0187
Number of participants with account balances2015-01-0147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-0171
Total number of active participants reported on line 7a of the Form 55002014-01-0189
Total of all active and inactive participants2014-01-0189
Total participants2014-01-0189
Number of participants with account balances2014-01-0144
2013: ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-0143
Total number of active participants reported on line 7a of the Form 55002013-01-0171
Total of all active and inactive participants2013-01-0171
Total participants2013-01-0171
Number of participants with account balances2013-01-0135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0115
2012: ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-0142
Total number of active participants reported on line 7a of the Form 55002012-01-0143
Total of all active and inactive participants2012-01-0143
Total participants2012-01-0143
Number of participants with account balances2012-01-0121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-015
2011: ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-0142
Total number of active participants reported on line 7a of the Form 55002011-01-0139
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-0139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0139
Number of participants with account balances2011-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010

Financial Data on ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST

Measure Date Value
2016 : ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2016 401k financial data
Total income from all sources2016-12-31$100,729
Expenses. Total of all expenses incurred2016-12-31$84,269
Benefits paid (including direct rollovers)2016-12-31$75,882
Total plan assets at end of year2016-12-31$677,282
Total plan assets at beginning of year2016-12-31$660,822
Value of fidelity bond covering the plan2016-12-31$500,000
Total contributions received or receivable from participants2016-12-31$48,033
Contributions received from other sources (not participants or employers)2016-12-31$-200
Other income received2016-12-31$52,896
Net income (gross income less expenses)2016-12-31$16,460
Net plan assets at end of year (total assets less liabilities)2016-12-31$677,282
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$660,822
Assets. Value of participant loans2016-12-31$85,358
Value of certain deemed distributions of participant loans2016-12-31$6,756
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$1,631
2015 : ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2015 401k financial data
Total income from all sources2015-12-31$44,261
Expenses. Total of all expenses incurred2015-12-31$30,297
Benefits paid (including direct rollovers)2015-12-31$16,361
Total plan assets at end of year2015-12-31$660,822
Total plan assets at beginning of year2015-12-31$646,858
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$64,113
Contributions received from other sources (not participants or employers)2015-12-31$13
Other income received2015-12-31$-19,865
Net income (gross income less expenses)2015-12-31$13,964
Net plan assets at end of year (total assets less liabilities)2015-12-31$660,822
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$646,858
Assets. Value of participant loans2015-12-31$29,574
Value of certain deemed distributions of participant loans2015-12-31$12,488
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$1,448
2014 : ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2014 401k financial data
Total income from all sources2014-12-31$73,788
Expenses. Total of all expenses incurred2014-12-31$9,354
Benefits paid (including direct rollovers)2014-12-31$8,080
Total plan assets at end of year2014-12-31$646,858
Total plan assets at beginning of year2014-12-31$582,424
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$56,034
Contributions received from other sources (not participants or employers)2014-12-31$178
Other income received2014-12-31$17,576
Net income (gross income less expenses)2014-12-31$64,434
Net plan assets at end of year (total assets less liabilities)2014-12-31$646,858
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$582,424
Assets. Value of participant loans2014-12-31$30,665
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$1,274
2013 : ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2013 401k financial data
Total income from all sources2013-12-31$91,986
Expenses. Total of all expenses incurred2013-12-31$169,101
Benefits paid (including direct rollovers)2013-12-31$125,273
Total plan assets at end of year2013-12-31$582,424
Total plan assets at beginning of year2013-12-31$659,539
Value of fidelity bond covering the plan2013-12-31$500,000
Total contributions received or receivable from participants2013-12-31$30,711
Contributions received from other sources (not participants or employers)2013-12-31$788
Other income received2013-12-31$60,487
Net income (gross income less expenses)2013-12-31$-77,115
Net plan assets at end of year (total assets less liabilities)2013-12-31$582,424
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$659,539
Assets. Value of participant loans2013-12-31$37,473
Value of certain deemed distributions of participant loans2013-12-31$43,728
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$100
2012 : ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2012 401k financial data
Total income from all sources2012-12-31$83,556
Expenses. Total of all expenses incurred2012-12-31$227,314
Benefits paid (including direct rollovers)2012-12-31$226,850
Total plan assets at end of year2012-12-31$659,539
Total plan assets at beginning of year2012-12-31$803,297
Value of fidelity bond covering the plan2012-12-31$100,000
Total contributions received or receivable from participants2012-12-31$26,462
Contributions received from other sources (not participants or employers)2012-12-31$1,832
Other income received2012-12-31$55,262
Net income (gross income less expenses)2012-12-31$-143,758
Net plan assets at end of year (total assets less liabilities)2012-12-31$659,539
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$803,297
Assets. Value of participant loans2012-12-31$62,868
Value of certain deemed distributions of participant loans2012-12-31$414
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$50
2011 : ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2011 401k financial data
Total income from all sources2011-12-31$32,900
Expenses. Total of all expenses incurred2011-12-31$91,970
Benefits paid (including direct rollovers)2011-12-31$35,875
Total plan assets at end of year2011-12-31$803,297
Total plan assets at beginning of year2011-12-31$862,367
Value of fidelity bond covering the plan2011-12-31$500,000
Total contributions received or receivable from participants2011-12-31$20,825
Contributions received from other sources (not participants or employers)2011-12-31$13,034
Other income received2011-12-31$-959
Net income (gross income less expenses)2011-12-31$-59,070
Net plan assets at end of year (total assets less liabilities)2011-12-31$803,297
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$862,367
Assets. Value of participant loans2011-12-31$69,361
Value of certain deemed distributions of participant loans2011-12-31$56,020
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$75
2010 : ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2010 401k financial data
Total income from all sources2010-12-31$73,341
Expenses. Total of all expenses incurred2010-12-31$559,868
Benefits paid (including direct rollovers)2010-12-31$539,717
Total plan assets at end of year2010-12-31$862,367
Total plan assets at beginning of year2010-12-31$1,348,894
Value of fidelity bond covering the plan2010-12-31$500,000
Total contributions received or receivable from participants2010-12-31$14,181
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$59,160
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$-486,527
Net plan assets at end of year (total assets less liabilities)2010-12-31$862,367
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,348,894
Assets. Value of participant loans2010-12-31$121,256
Total contributions received or receivable from employer(s)2010-12-31$0
Value of certain deemed distributions of participant loans2010-12-31$11,021
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$9,130
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0

Form 5500 Responses for ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST

2016: ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan benefit arrangement – InsuranceYes
2015: ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan benefit arrangement – InsuranceYes
2014: ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan benefit arrangement – InsuranceYes
2013: ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan benefit arrangement – InsuranceYes
2012: ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: ATLANTA PRECISION METAL FORMING PROFIT SHARING PLAN & TRUST 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number944155-01
Policy instance 1
Insurance contract or identification number944155-01
Number of Individuals Covered63
Insurance policy start date2016-01-01
Insurance policy end date2016-12-31
Total amount of commissions paid to insurance brokerUSD $2,776
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,776
Insurance broker organization code?3
Insurance broker nameJAMES IZETT
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number944155-01
Policy instance 1
Insurance contract or identification number944155-01
Number of Individuals Covered69
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $2,727
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,727
Insurance broker organization code?3
Insurance broker nameJAMES IZETT
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number944155-01
Policy instance 1
Insurance contract or identification number944155-01
Number of Individuals Covered65
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $2,461
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,760
Insurance broker organization code?3
Insurance broker nameJAMES IZETT
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number944155-01
Policy instance 1
Insurance contract or identification number944155-01
Number of Individuals Covered51
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $2,537
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,537
Amount paid for insurance broker fees0
Insurance broker organization code?3
Insurance broker nameJAMES IZETT
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number944155-01
Policy instance 1
Insurance contract or identification number944155-01
Number of Individuals Covered77
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $3,626
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,616
Amount paid for insurance broker fees0
Insurance broker organization code?3
Insurance broker nameJAMES IZETT
AXA EQUITABLE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 62944 )
Policy contract number600227
Policy instance 1
Insurance contract or identification number600227
Number of Individuals Covered0
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $22
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number944155-01
Policy instance 2
Insurance contract or identification number944155-01
Number of Individuals Covered77
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $6,871
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
AXA EQUITABLE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 62944 )
Policy contract number600227
Policy instance 1
Insurance contract or identification number600227
Number of Individuals Covered45
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $384
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $384
Amount paid for insurance broker fees0
Insurance broker organization code?3
Insurance broker nameJAMES IZETT, CHFC, CLU

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