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SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameSMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

SMW MANUFACTURING, INC. 401(K) PROFIT SHARING 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.
  • 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) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SMW MANUFACTURING, INC. has sponsored the creation of one or more 401k plans.

Company Name:SMW MANUFACTURING, INC.
Employer identification number (EIN):201758326
NAIC Classification:332700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-01-01CHAD DARNELL2022-12-05 CHAD DARNELL2022-12-05
0012020-01-01CHAD DARNELL2021-08-30 CHAD DARNELL2021-08-30
0012019-01-01CHAD DARNELL2020-10-14 CHAD DARNELL2020-10-14
0012018-01-01KEVIN MCCARTY2019-10-02 KEVIN MCCARTY2019-10-02
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01KAREN CASTALDI AS PRACTITIONER2013-09-09
0012011-01-01DAYHNA NEAL2012-09-13
0012010-01-01STAN DZIERWA2011-07-28

Plan Statistics for SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2021: SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01296
Total number of active participants reported on line 7a of the Form 55002021-01-01226
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0151
Total of all active and inactive participants2021-01-01277
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01277
Number of participants with account balances2021-01-01215
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01290
Total number of active participants reported on line 7a of the Form 55002020-01-01237
Number of retired or separated participants receiving benefits2020-01-0128
Total of all active and inactive participants2020-01-01265
Total participants2020-01-01265
Number of participants with account balances2020-01-01204
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01271
Total number of active participants reported on line 7a of the Form 55002019-01-01249
Number of retired or separated participants receiving benefits2019-01-0125
Total of all active and inactive participants2019-01-01274
Total participants2019-01-01274
Number of participants with account balances2019-01-01210
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01183
Total number of active participants reported on line 7a of the Form 55002018-01-01220
Number of retired or separated participants receiving benefits2018-01-0120
Total of all active and inactive participants2018-01-01240
Total participants2018-01-01240
Number of participants with account balances2018-01-01169
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01166
Total number of active participants reported on line 7a of the Form 55002017-01-01167
Number of retired or separated participants receiving benefits2017-01-0110
Total of all active and inactive participants2017-01-01177
Total participants2017-01-01177
Number of participants with account balances2017-01-01125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01132
Total number of active participants reported on line 7a of the Form 55002016-01-01144
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0111
Total of all active and inactive participants2016-01-01155
Total participants2016-01-01155
Number of participants with account balances2016-01-01106
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01122
Total number of active participants reported on line 7a of the Form 55002015-01-01122
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0110
Total of all active and inactive participants2015-01-01132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01132
Number of participants with account balances2015-01-0184
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010

Financial Data on SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2021 : SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$2,825,332
Total of all expenses incurred2021-12-31$1,334,823
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$1,263,437
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,324,646
Value of total assets at end of year2021-12-31$10,242,960
Value of total assets at beginning of year2021-12-31$8,752,451
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$71,386
Total interest from all sources2021-12-31$20,429
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2021-12-31$0
Administrative expenses professional fees incurred2021-12-31$71,386
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$1,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$665,299
Participant contributions at end of year2021-12-31$412,615
Participant contributions at beginning of year2021-12-31$404,119
Participant contributions at end of year2021-12-31$495
Participant contributions at beginning of year2021-12-31$249
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$278,877
Total non interest bearing cash at end of year2021-12-31$152
Total non interest bearing cash at beginning of year2021-12-31$152
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$1,490,509
Value of net assets at end of year (total assets less liabilities)2021-12-31$10,242,960
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$8,752,451
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in pooled separate accounts at end of year2021-12-31$9,742,522
Value of interest in pooled separate accounts at beginning of year2021-12-31$8,207,081
Interest on participant loans2021-12-31$20,429
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$87,176
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$83,078
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$83,078
Net investment gain/loss from pooled separate accounts2021-12-31$1,480,257
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$380,470
Employer contributions (assets) at beginning of year2021-12-31$57,772
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$1,263,437
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Disclaimer
Accountancy firm name2021-12-31CLAYTON & MCKERVEY
2020 : SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$-509
Total unrealized appreciation/depreciation of assets2020-12-31$-509
Total income from all sources (including contributions)2020-12-31$2,341,926
Total of all expenses incurred2020-12-31$466,827
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$380,869
Expenses. Certain deemed distributions of participant loans2020-12-31$32,067
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,108,413
Value of total assets at end of year2020-12-31$8,752,451
Value of total assets at beginning of year2020-12-31$6,877,352
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$53,891
Total interest from all sources2020-12-31$20,169
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Administrative expenses professional fees incurred2020-12-31$53,891
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$1,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$684,429
Participant contributions at end of year2020-12-31$404,119
Participant contributions at beginning of year2020-12-31$316,939
Participant contributions at end of year2020-12-31$249
Participant contributions at beginning of year2020-12-31$250
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$9,277
Total non interest bearing cash at end of year2020-12-31$152
Total non interest bearing cash at beginning of year2020-12-31$152
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,875,099
Value of net assets at end of year (total assets less liabilities)2020-12-31$8,752,451
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$6,877,352
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in pooled separate accounts at end of year2020-12-31$8,207,081
Value of interest in pooled separate accounts at beginning of year2020-12-31$6,502,767
Interest on participant loans2020-12-31$19,521
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$83,078
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$5,693
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$5,693
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$648
Net investment gain/loss from pooled separate accounts2020-12-31$1,213,853
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$414,707
Employer contributions (assets) at end of year2020-12-31$57,772
Employer contributions (assets) at beginning of year2020-12-31$51,551
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$380,869
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
2019 : SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$176
Total income from all sources (including contributions)2019-12-31$2,598,963
Total of all expenses incurred2019-12-31$1,942,143
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,874,841
Expenses. Certain deemed distributions of participant loans2019-12-31$8,788
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,209,300
Value of total assets at end of year2019-12-31$6,877,352
Value of total assets at beginning of year2019-12-31$6,220,708
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$58,514
Total interest from all sources2019-12-31$16,981
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Administrative expenses professional fees incurred2019-12-31$58,514
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$1,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$737,835
Participant contributions at end of year2019-12-31$316,939
Participant contributions at beginning of year2019-12-31$284,087
Participant contributions at end of year2019-12-31$250
Participant contributions at beginning of year2019-12-31$5,094
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$15,843
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$176
Total non interest bearing cash at end of year2019-12-31$152
Total non interest bearing cash at beginning of year2019-12-31$152
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$656,820
Value of net assets at end of year (total assets less liabilities)2019-12-31$6,877,352
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$6,220,532
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in pooled separate accounts at end of year2019-12-31$6,502,767
Value of interest in pooled separate accounts at beginning of year2019-12-31$5,880,771
Interest on participant loans2019-12-31$16,861
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$5,693
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$6,621
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$6,621
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$120
Net investment gain/loss from pooled separate accounts2019-12-31$1,372,682
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$455,622
Employer contributions (assets) at end of year2019-12-31$51,551
Employer contributions (assets) at beginning of year2019-12-31$43,983
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,874,841
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31CLAYTON & MCKERVEY PC
Accountancy firm EIN2019-12-31382383769
2018 : SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2018 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$176
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$196
Total income from all sources (including contributions)2018-12-31$764,716
Total of all expenses incurred2018-12-31$367,736
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$278,937
Expenses. Certain deemed distributions of participant loans2018-12-31$34,462
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,205,436
Value of total assets at end of year2018-12-31$6,220,708
Value of total assets at beginning of year2018-12-31$5,823,748
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$54,337
Total interest from all sources2018-12-31$11,967
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Administrative expenses professional fees incurred2018-12-31$54,337
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$1,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$704,326
Participant contributions at end of year2018-12-31$284,087
Participant contributions at beginning of year2018-12-31$244,064
Participant contributions at end of year2018-12-31$5,094
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$87,067
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-12-31$176
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$196
Total non interest bearing cash at end of year2018-12-31$152
Total non interest bearing cash at beginning of year2018-12-31$152
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$396,980
Value of net assets at end of year (total assets less liabilities)2018-12-31$6,220,532
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$5,823,552
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in pooled separate accounts at end of year2018-12-31$5,880,771
Value of interest in pooled separate accounts at beginning of year2018-12-31$5,551,336
Interest on participant loans2018-12-31$11,885
Interest earned on other investments2018-12-31$19
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$6,621
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$6,550
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$6,550
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$63
Net investment gain/loss from pooled separate accounts2018-12-31$-452,687
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31Yes
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$414,043
Employer contributions (assets) at end of year2018-12-31$43,983
Employer contributions (assets) at beginning of year2018-12-31$21,646
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$278,937
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31CLAYTON & MCKERVEY PC
Accountancy firm EIN2018-12-31382383769
2017 : SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2017 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$196
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$70
Total income from all sources (including contributions)2017-12-31$1,547,391
Total of all expenses incurred2017-12-31$60,338
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$56,681
Value of total corrective distributions2017-12-31$54
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$863,073
Value of total assets at end of year2017-12-31$5,823,748
Value of total assets at beginning of year2017-12-31$4,336,569
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$3,603
Total interest from all sources2017-12-31$9,827
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Administrative expenses professional fees incurred2017-12-31$3,603
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$1,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$528,464
Participant contributions at end of year2017-12-31$244,064
Participant contributions at beginning of year2017-12-31$231,483
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$30,128
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-12-31$196
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$70
Total non interest bearing cash at end of year2017-12-31$152
Total non interest bearing cash at beginning of year2017-12-31$152
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$1,487,053
Value of net assets at end of year (total assets less liabilities)2017-12-31$5,823,552
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$4,336,499
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in pooled separate accounts at end of year2017-12-31$5,551,336
Value of interest in pooled separate accounts at beginning of year2017-12-31$4,091,101
Income. Interest from loans (other than to participants)2017-12-31$9,786
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$6,550
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$4,917
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$4,917
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$41
Net investment gain/loss from pooled separate accounts2017-12-31$674,491
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$304,481
Employer contributions (assets) at end of year2017-12-31$21,646
Employer contributions (assets) at beginning of year2017-12-31$8,916
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$56,681
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31CLAYTON & MCKERVEY PC
Accountancy firm EIN2017-12-31382383796
2016 : SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2016 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$70
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$205
Total income from all sources (including contributions)2016-12-31$1,021,426
Total of all expenses incurred2016-12-31$36,479
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$32,088
Expenses. Certain deemed distributions of participant loans2016-12-31$2,075
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$770,625
Value of total assets at end of year2016-12-31$4,336,569
Value of total assets at beginning of year2016-12-31$3,351,757
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$2,316
Total interest from all sources2016-12-31$10,705
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$432,286
Participant contributions at end of year2016-12-31$231,483
Participant contributions at beginning of year2016-12-31$253,413
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$96,830
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$70
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$205
Administrative expenses (other) incurred2016-12-31$2,316
Total non interest bearing cash at end of year2016-12-31$152
Total non interest bearing cash at beginning of year2016-12-31$19
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$984,947
Value of net assets at end of year (total assets less liabilities)2016-12-31$4,336,499
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$3,351,552
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in pooled separate accounts at end of year2016-12-31$4,091,101
Value of interest in pooled separate accounts at beginning of year2016-12-31$3,077,563
Interest on participant loans2016-12-31$10,681
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$4,917
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$3,569
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$3,569
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$24
Net investment gain/loss from pooled separate accounts2016-12-31$240,096
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31Yes
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$241,509
Employer contributions (assets) at end of year2016-12-31$8,916
Employer contributions (assets) at beginning of year2016-12-31$17,193
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$32,088
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31CLAYTON & MCKERVEY, P.C.
Accountancy firm EIN2016-12-31382383796
2015 : SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$205
Total income from all sources (including contributions)2015-12-31$564,479
Total of all expenses incurred2015-12-31$94,892
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$78,518
Expenses. Certain deemed distributions of participant loans2015-12-31$14,057
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$605,723
Value of total assets at end of year2015-12-31$3,351,757
Value of total assets at beginning of year2015-12-31$2,881,965
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$2,317
Total interest from all sources2015-12-31$9,597
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$250,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$376,815
Participant contributions at end of year2015-12-31$253,413
Participant contributions at beginning of year2015-12-31$196,857
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$25,704
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$205
Administrative expenses (other) incurred2015-12-31$2,317
Total non interest bearing cash at end of year2015-12-31$19
Total non interest bearing cash at beginning of year2015-12-31$19
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$469,587
Value of net assets at end of year (total assets less liabilities)2015-12-31$3,351,552
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$2,881,965
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in pooled separate accounts at end of year2015-12-31$3,077,563
Value of interest in pooled separate accounts at beginning of year2015-12-31$2,672,300
Income. Interest from loans (other than to participants)2015-12-31$9,583
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$3,569
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$2,242
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$2,242
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$14
Net investment gain/loss from pooled separate accounts2015-12-31$-50,841
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31Yes
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$203,204
Employer contributions (assets) at end of year2015-12-31$17,193
Employer contributions (assets) at beginning of year2015-12-31$10,547
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$78,518
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31CLAYTON & MCKERVEY, P.C.
Accountancy firm EIN2015-12-31382383796

Form 5500 Responses for SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN

2021: SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedYes
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
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: SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
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: SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
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: SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
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: SMW MANUFACTURING, INC. 401(K) PROFIT SHARING 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
2015: SMW MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number45222
Policy instance 1
Insurance contract or identification number45222
Number of Individuals Covered203
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $28,210
Total amount of fees paid to insurance companyUSD $4,919
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Commission paid to Insurance BrokerUSD $28,210
Insurance broker organization code?3
Amount paid for insurance broker fees4919
Additional information about fees paid to insurance brokerTPA COMPENSATION
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number
Policy instance 1
Number of Individuals Covered207
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $19,944
Total amount of fees paid to insurance companyUSD $8,802
Commission paid to Insurance BrokerUSD $19,944
Insurance broker organization code?3
Amount paid for insurance broker fees8802
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number
Policy instance 1
Number of Individuals Covered213
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $22,853
Total amount of fees paid to insurance companyUSD $9,189
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Commission paid to Insurance BrokerUSD $22,853
Insurance broker organization code?3
Amount paid for insurance broker fees9189
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number
Policy instance 1
Number of Individuals Covered174
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $24,058
Total amount of fees paid to insurance companyUSD $7,031
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Commission paid to Insurance BrokerUSD $24,058
Insurance broker organization code?3
Amount paid for insurance broker fees7031
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number
Policy instance 1
Number of Individuals Covered125
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $18,892
Total amount of fees paid to insurance companyUSD $4,799
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Commission paid to Insurance BrokerUSD $18,892
Insurance broker organization code?3
Amount paid for insurance broker fees4799
Insurance broker namePENSION PLAN SERVICES
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number
Policy instance 1
Number of Individuals Covered87
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $14,308
Total amount of fees paid to insurance companyUSD $3,227
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Commission paid to Insurance BrokerUSD $14,308
Additional information about fees paid to insurance brokerBROKER
Insurance broker organization code?3
Amount paid for insurance broker fees3227
Insurance broker namePENSION PLAN SERVICES

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