401k Plan data: CMT LABORATORIES, INC. 401(K) PROFIT SHARING PLAN plan

CMT LABORATORIES, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	CMT LABORATORIES, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	002

CMT LABORATORIES, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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).
Profit-sharing
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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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

CMT LABORATORIES, INC. has sponsored the creation of one or more 401k plans.

Company Name: CMT LABORATORIES, INC.

Employer identification number (EIN): 240842333

NAIC Classification: 541380
NAIC Description: Testing Laboratories

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01 SHAD HOOVER 2024-04-12
002 2022-01-01 SHAD HOOVER 2023-05-09
002 2021-01-01 SHAD HOOVER 2022-06-01
002 2020-01-01 SHAD HOOVER 2021-03-17
002 2019-01-01 SHAD HOOVER 2020-07-06
002 2018-01-01 SHAD HOOVER 2019-05-10
002 2017-01-01 SHAD HOOVER 2018-04-05
002 2016-01-01 SHAD HOOVER 2017-02-13
002 2015-01-01 SHAD HOOVER 2016-05-09
002 2014-01-01 SHAD HOOVER 2015-06-01 SHAD HOOVER 2015-06-01
002 2013-01-01 SHAD HOOVER 2014-04-21 SHAD HOOVER 2014-04-21
002 2012-01-01 SHAD HOOVER 2013-03-20 SHAD HOOVER 2013-03-20
002 2011-01-01 SHAD HOOVER 2012-08-03 SHAD HOOVER 2012-08-03
002 2010-01-01 SHAD HOOVER SHAD HOOVER 2011-04-13
002 2009-01-01 SHAD HOOVER SHAD HOOVER 2010-07-26
002 2009-01-01 SHAD HOOVER SHAD HOOVER 2010-07-26
002 2009-01-01 SHAD HOOVER SHAD HOOVER 2010-07-26

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2023-01-01	SHAD HOOVER	2024-04-12
002	2022-01-01	SHAD HOOVER	2023-05-09
002	2021-01-01	SHAD HOOVER	2022-06-01
002	2020-01-01	SHAD HOOVER	2021-03-17
002	2019-01-01	SHAD HOOVER	2020-07-06
002	2018-01-01	SHAD HOOVER	2019-05-10
002	2017-01-01	SHAD HOOVER	2018-04-05
002	2016-01-01	SHAD HOOVER	2017-02-13
002	2015-01-01	SHAD HOOVER	2016-05-09
002	2014-01-01	SHAD HOOVER	2015-06-01	SHAD HOOVER	2015-06-01
002	2013-01-01	SHAD HOOVER	2014-04-21	SHAD HOOVER	2014-04-21
002	2012-01-01	SHAD HOOVER	2013-03-20	SHAD HOOVER	2013-03-20
002	2011-01-01	SHAD HOOVER	2012-08-03	SHAD HOOVER	2012-08-03
002	2010-01-01	SHAD HOOVER		SHAD HOOVER	2011-04-13
002	2009-01-01	SHAD HOOVER		SHAD HOOVER	2010-07-26
002	2009-01-01	SHAD HOOVER		SHAD HOOVER	2010-07-26
002	2009-01-01	SHAD HOOVER		SHAD HOOVER	2010-07-26

Financial Data on CMT LABORATORIES, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2025 : CMT LABORATORIES, INC. 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year	2025-04-08	137763
Net assets as of the end of the plan year	2025-04-08	2527876
Total assets as of the beginning of the plan year	2025-04-08	2234174
Value of plan covered by a fidelity bond	2025-04-08	500000
Participant contributions to plan in this plan year	2025-04-08	67735
Value of participant loans at end of plan year	2025-04-08	9685
Other income to plan in this plan year	2025-04-08	293724
Plan net income in this plan year	2025-04-08	293702
Net assets as of the end of the plan year	2025-04-08	2527876
Net assets as of the beginning of the plan year	2025-04-08	2234174
Employer contributions to plan in this plan year	2025-04-08	70006
Expensese paid to adminstrative service provicers from plan in this plan year	2025-04-08	375
2024 : CMT LABORATORIES, INC. 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year	2024-04-12	2492
Net assets as of the end of the plan year	2024-04-12	2234174
Total assets as of the beginning of the plan year	2024-04-12	1826919
Value of plan covered by a fidelity bond	2024-04-12	500000
Participant contributions to plan in this plan year	2024-04-12	62471
Value of participant loans at end of plan year	2024-04-12	11729
Other income to plan in this plan year	2024-04-12	329458
Plan net income in this plan year	2024-04-12	407255
Net assets as of the end of the plan year	2024-04-12	2234174
Net assets as of the beginning of the plan year	2024-04-12	1826919
Employer contributions to plan in this plan year	2024-04-12	17818
Expensese paid to adminstrative service provicers from plan in this plan year	2024-04-12	524
2022 : CMT LABORATORIES, INC. 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year	2022-06-01	56946
Net assets as of the end of the plan year	2022-06-01	2155168
Total assets as of the beginning of the plan year	2022-06-01	1848563
Value of plan covered by a fidelity bond	2022-06-01	220000
Participant contributions to plan in this plan year	2022-06-01	57794
Other income to plan in this plan year	2022-06-01	288494
Plan net income in this plan year	2022-06-01	306605
Net assets as of the end of the plan year	2022-06-01	2155168
Net assets as of the beginning of the plan year	2022-06-01	1848563
Employer contributions to plan in this plan year	2022-06-01	17263
Expensese paid to adminstrative service provicers from plan in this plan year	2022-06-01	126
2010 : CMT LABORATORIES, INC. 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$140,270
Expenses. Total of all expenses incurred	2010-12-31	$204,270
Benefits paid (including direct rollovers)	2010-12-31	$203,584
Total plan assets at end of year	2010-12-31	$716,384
Total plan assets at beginning of year	2010-12-31	$780,384
Value of fidelity bond covering the plan	2010-12-31	$100,000
Total contributions received or receivable from participants	2010-12-31	$48,698
Contributions received from other sources (not participants or employers)	2010-12-31	$-2,186
Other income received	2010-12-31	$63,591
Net income (gross income less expenses)	2010-12-31	$-64,000
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$716,384
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$780,384
Assets. Value of participant loans	2010-12-31	$16,653
Total contributions received or receivable from employer(s)	2010-12-31	$30,167
Value of certain deemed distributions of participant loans	2010-12-31	$240
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$446
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : CMT LABORATORIES, INC. 401(K) PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for CMT LABORATORIES, INC. 401(K) PROFIT SHARING PLAN

2010: CMT LABORATORIES, INC. 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: CMT LABORATORIES, INC. 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract number	GAP-54-Y228
Policy instance	1

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Company Name:	CMT LABORATORIES, INC.
Employer identification number (EIN):	240842333
NAIC Classification:	541380
NAIC Description:	Testing Laboratories