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FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 401k Plan overview

Plan NameFINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN
Plan identification number 002

FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) 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.
  • 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

FINSHING TECHNOLOGY, INC. has sponsored the creation of one or more 401k plans.

Company Name:FINSHING TECHNOLOGY, INC.
Employer identification number (EIN):310922071
NAIC Classification:333510

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01FRED WARMBIER
0022016-01-01FRED WARMBIER
0022015-01-01FRED WARMBIER
0022014-01-01FRED WARMBIER
0022013-01-01FRED WARMBIER
0022012-01-01FRED WARMBIER
0022011-01-01FRED WARMBIER
0022010-01-01FRED WARMBIER
0022009-01-01FRED WARMBIER

Plan Statistics for FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN

401k plan membership statisitcs for FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN

Measure Date Value
2021: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0127
Total number of active participants reported on line 7a of the Form 55002021-01-0121
Number of other retired or separated participants entitled to future benefits2021-01-016
Total of all active and inactive participants2021-01-0127
Total participants2021-01-0127
Number of participants with account balances2021-01-0121
2020: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0122
Total number of active participants reported on line 7a of the Form 55002020-01-0117
Number of other retired or separated participants entitled to future benefits2020-01-016
Total of all active and inactive participants2020-01-0123
Total participants2020-01-0123
Number of participants with account balances2020-01-0121
2019: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0126
Total number of active participants reported on line 7a of the Form 55002019-01-0119
Number of other retired or separated participants entitled to future benefits2019-01-017
Total of all active and inactive participants2019-01-0126
Total participants2019-01-0126
Number of participants with account balances2019-01-0123
2018: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0124
Total number of active participants reported on line 7a of the Form 55002018-01-0118
Number of other retired or separated participants entitled to future benefits2018-01-016
Total of all active and inactive participants2018-01-0124
Total participants2018-01-0124
Number of participants with account balances2018-01-0124
2017: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0125
Total number of active participants reported on line 7a of the Form 55002017-01-0122
Number of other retired or separated participants entitled to future benefits2017-01-014
Total of all active and inactive participants2017-01-0126
Total participants2017-01-0126
Number of participants with account balances2017-01-0124
2016: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0123
Total number of active participants reported on line 7a of the Form 55002016-01-0120
Number of other retired or separated participants entitled to future benefits2016-01-015
Total of all active and inactive participants2016-01-0125
Total participants2016-01-0125
Number of participants with account balances2016-01-0123
2015: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0125
Total number of active participants reported on line 7a of the Form 55002015-01-0119
Number of other retired or separated participants entitled to future benefits2015-01-014
Total of all active and inactive participants2015-01-0123
Total participants2015-01-0123
Number of participants with account balances2015-01-0123
2014: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0118
Total number of active participants reported on line 7a of the Form 55002014-01-0123
Number of other retired or separated participants entitled to future benefits2014-01-012
Total of all active and inactive participants2014-01-0125
Total participants2014-01-0125
Number of participants with account balances2014-01-0119
2013: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0117
Total number of active participants reported on line 7a of the Form 55002013-01-0116
Number of other retired or separated participants entitled to future benefits2013-01-012
Total of all active and inactive participants2013-01-0118
Total participants2013-01-0118
Number of participants with account balances2013-01-0118
2012: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0119
Total number of active participants reported on line 7a of the Form 55002012-01-0114
Number of other retired or separated participants entitled to future benefits2012-01-013
Total of all active and inactive participants2012-01-0117
Total participants2012-01-0117
Number of participants with account balances2012-01-0117
2011: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0117
Total number of active participants reported on line 7a of the Form 55002011-01-0117
Number of other retired or separated participants entitled to future benefits2011-01-012
Total of all active and inactive participants2011-01-0119
Total participants2011-01-0119
Number of participants with account balances2011-01-0115
2010: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0118
Total number of active participants reported on line 7a of the Form 55002010-01-0115
Number of other retired or separated participants entitled to future benefits2010-01-012
Total of all active and inactive participants2010-01-0117
Total participants2010-01-0117
Number of participants with account balances2010-01-0114
2009: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0118
Total number of active participants reported on line 7a of the Form 55002009-01-0114
Number of other retired or separated participants entitled to future benefits2009-01-014
Total of all active and inactive participants2009-01-0118
Total participants2009-01-0118
Number of participants with account balances2009-01-0115

Financial Data on FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN

Measure Date Value
2021 : FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2021 401k financial data
Total income from all sources2021-12-31$721,420
Total plan assets at end of year2021-12-31$4,392,606
Total plan assets at beginning of year2021-12-31$3,671,186
Value of fidelity bond covering the plan2021-12-31$110,000
Total contributions received or receivable from participants2021-12-31$111,260
Other income received2021-12-31$552,381
Net income (gross income less expenses)2021-12-31$721,420
Net plan assets at end of year (total assets less liabilities)2021-12-31$4,392,606
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$3,671,186
Total contributions received or receivable from employer(s)2021-12-31$57,779
2020 : FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2020 401k financial data
Total income from all sources2020-12-31$893,609
Expenses. Total of all expenses incurred2020-12-31$22,502
Benefits paid (including direct rollovers)2020-12-31$22,477
Total plan assets at end of year2020-12-31$3,671,186
Total plan assets at beginning of year2020-12-31$2,800,079
Value of fidelity bond covering the plan2020-12-31$110,000
Total contributions received or receivable from participants2020-12-31$111,184
Expenses. Other expenses not covered elsewhere2020-12-31$25
Other income received2020-12-31$730,387
Net income (gross income less expenses)2020-12-31$871,107
Net plan assets at end of year (total assets less liabilities)2020-12-31$3,671,186
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$2,800,079
Total contributions received or receivable from employer(s)2020-12-31$52,038
2019 : FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2019 401k financial data
Total income from all sources2019-12-31$700,806
Expenses. Total of all expenses incurred2019-12-31$29,333
Benefits paid (including direct rollovers)2019-12-31$29,283
Total plan assets at end of year2019-12-31$2,800,079
Total plan assets at beginning of year2019-12-31$2,128,606
Total contributions received or receivable from participants2019-12-31$102,078
Expenses. Other expenses not covered elsewhere2019-12-31$50
Other income received2019-12-31$553,801
Net income (gross income less expenses)2019-12-31$671,473
Net plan assets at end of year (total assets less liabilities)2019-12-31$2,800,079
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$2,128,606
Total contributions received or receivable from employer(s)2019-12-31$44,927
2018 : FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2018 401k financial data
Total income from all sources2018-12-31$-11,448
Expenses. Total of all expenses incurred2018-12-31$22,147
Benefits paid (including direct rollovers)2018-12-31$22,122
Total plan assets at end of year2018-12-31$2,128,606
Total plan assets at beginning of year2018-12-31$2,162,201
Total contributions received or receivable from participants2018-12-31$108,402
Expenses. Other expenses not covered elsewhere2018-12-31$25
Other income received2018-12-31$-173,035
Net income (gross income less expenses)2018-12-31$-33,595
Net plan assets at end of year (total assets less liabilities)2018-12-31$2,128,606
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$2,162,201
Total contributions received or receivable from employer(s)2018-12-31$53,185
2017 : FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2017 401k financial data
Total income from all sources2017-12-31$547,295
Expenses. Total of all expenses incurred2017-12-31$10,705
Benefits paid (including direct rollovers)2017-12-31$10,630
Total plan assets at end of year2017-12-31$2,162,201
Total plan assets at beginning of year2017-12-31$1,625,611
Value of fidelity bond covering the plan2017-12-31$50,000
Total contributions received or receivable from participants2017-12-31$103,472
Expenses. Other expenses not covered elsewhere2017-12-31$75
Other income received2017-12-31$388,345
Net income (gross income less expenses)2017-12-31$536,590
Net plan assets at end of year (total assets less liabilities)2017-12-31$2,162,201
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,625,611
Total contributions received or receivable from employer(s)2017-12-31$55,478
2016 : FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2016 401k financial data
Total income from all sources2016-12-31$259,536
Total plan assets at end of year2016-12-31$1,625,611
Total plan assets at beginning of year2016-12-31$1,366,075
Value of fidelity bond covering the plan2016-12-31$50,000
Total contributions received or receivable from participants2016-12-31$103,024
Other income received2016-12-31$93,826
Net income (gross income less expenses)2016-12-31$259,536
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,625,611
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,366,075
Total contributions received or receivable from employer(s)2016-12-31$62,686
2015 : FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2015 401k financial data
Total income from all sources2015-12-31$161,420
Expenses. Total of all expenses incurred2015-12-31$30,268
Benefits paid (including direct rollovers)2015-12-31$30,218
Total plan assets at end of year2015-12-31$1,366,075
Total plan assets at beginning of year2015-12-31$1,234,923
Value of fidelity bond covering the plan2015-12-31$50,000
Total contributions received or receivable from participants2015-12-31$104,729
Expenses. Other expenses not covered elsewhere2015-12-31$50
Other income received2015-12-31$2,595
Net income (gross income less expenses)2015-12-31$131,152
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,366,075
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,234,923
Total contributions received or receivable from employer(s)2015-12-31$54,096
2014 : FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2014 401k financial data
Total income from all sources2014-12-31$195,189
Total plan assets at end of year2014-12-31$1,234,923
Total plan assets at beginning of year2014-12-31$1,039,734
Value of fidelity bond covering the plan2014-12-31$50,000
Total contributions received or receivable from participants2014-12-31$91,882
Other income received2014-12-31$58,751
Net income (gross income less expenses)2014-12-31$195,189
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,234,923
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,039,734
Total contributions received or receivable from employer(s)2014-12-31$44,556
2013 : FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2013 401k financial data
Total income from all sources2013-12-31$330,164
Expenses. Total of all expenses incurred2013-12-31$4,455
Benefits paid (including direct rollovers)2013-12-31$4,455
Total plan assets at end of year2013-12-31$1,039,734
Total plan assets at beginning of year2013-12-31$714,025
Value of fidelity bond covering the plan2013-12-31$50,000
Total contributions received or receivable from participants2013-12-31$30,731
Other income received2013-12-31$207,778
Net income (gross income less expenses)2013-12-31$325,709
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,039,734
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$714,025
Total contributions received or receivable from employer(s)2013-12-31$91,655
2012 : FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$183,395
Total plan assets at end of year2012-12-31$714,025
Total plan assets at beginning of year2012-12-31$530,630
Value of fidelity bond covering the plan2012-12-31$50,000
Total contributions received or receivable from participants2012-12-31$67,117
Other income received2012-12-31$93,556
Net income (gross income less expenses)2012-12-31$183,395
Net plan assets at end of year (total assets less liabilities)2012-12-31$714,025
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$530,630
Total contributions received or receivable from employer(s)2012-12-31$22,722
2011 : FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$46,658
Total plan assets at end of year2011-12-31$530,630
Total plan assets at beginning of year2011-12-31$483,972
Value of fidelity bond covering the plan2011-12-31$50,000
Total contributions received or receivable from participants2011-12-31$62,127
Other income received2011-12-31$-34,088
Net income (gross income less expenses)2011-12-31$46,658
Net plan assets at end of year (total assets less liabilities)2011-12-31$530,630
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$483,972
Total contributions received or receivable from employer(s)2011-12-31$18,619
2010 : FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$120,565
Expenses. Total of all expenses incurred2010-12-31$25,042
Benefits paid (including direct rollovers)2010-12-31$25,042
Total plan assets at end of year2010-12-31$483,972
Total plan assets at beginning of year2010-12-31$388,449
Value of fidelity bond covering the plan2010-12-31$50,000
Total contributions received or receivable from participants2010-12-31$54,107
Other income received2010-12-31$48,522
Net income (gross income less expenses)2010-12-31$95,523
Net plan assets at end of year (total assets less liabilities)2010-12-31$483,972
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$388,449
Total contributions received or receivable from employer(s)2010-12-31$17,936

Form 5500 Responses for FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN

2021: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: FINISHING TECHNOLOGY, INC. PROFIT SHARING 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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