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CHAMPION TOOL & ENGINEERING 401 (K) PLAN 401k Plan overview

Plan NameCHAMPION TOOL & ENGINEERING 401 (K) PLAN
Plan identification number 001

CHAMPION TOOL & ENGINEERING 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.
  • 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

CHAMPION TOOL & ENGINEERING, INC has sponsored the creation of one or more 401k plans.

Company Name:CHAMPION TOOL & ENGINEERING, INC
Employer identification number (EIN):351079967
NAIC Classification:333510

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CHAMPION TOOL & ENGINEERING 401 (K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01BARRY WERTZ2023-09-19
0012021-01-01BARRY WERTZ2022-08-18
0012020-01-01BARRY WERTZ2021-10-07
0012019-01-01BARRY WERTZ2020-09-18
0012018-01-01BARRY WERTZ2019-10-08
0012017-05-01BARRY W WERTZ2018-09-17 BARRY W WERTZ2018-09-17
0012016-05-01BARRY WERTZ2017-09-06
0012015-05-01BARRY WERTZ2016-11-30 BARRY WERTZ2016-11-30
0012014-05-01BARRY WERTZ
0012013-05-01BARRY WERTZ
0012012-05-01BARRY WERTZ
0012011-05-01BARRY WERTZ
0012009-05-01BARRY WERTZ

Plan Statistics for CHAMPION TOOL & ENGINEERING 401 (K) PLAN

401k plan membership statisitcs for CHAMPION TOOL & ENGINEERING 401 (K) PLAN

Measure Date Value
2014: CHAMPION TOOL & ENGINEERING 401 (K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-05-0122
Total number of active participants reported on line 7a of the Form 55002014-05-0122
Number of retired or separated participants receiving benefits2014-05-010
Number of other retired or separated participants entitled to future benefits2014-05-012
Total of all active and inactive participants2014-05-0124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-05-010
Total participants2014-05-0124
Number of participants with account balances2014-05-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-05-010
2013: CHAMPION TOOL & ENGINEERING 401 (K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-05-0126
Total number of active participants reported on line 7a of the Form 55002013-05-0123
Number of retired or separated participants receiving benefits2013-05-010
Number of other retired or separated participants entitled to future benefits2013-05-012
Total of all active and inactive participants2013-05-0125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-05-011
Total participants2013-05-0126
Number of participants with account balances2013-05-0117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-05-010
2012: CHAMPION TOOL & ENGINEERING 401 (K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-05-0122
Total number of active participants reported on line 7a of the Form 55002012-05-0124
Number of retired or separated participants receiving benefits2012-05-010
Number of other retired or separated participants entitled to future benefits2012-05-014
Total of all active and inactive participants2012-05-0128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-05-010
Total participants2012-05-0128
Number of participants with account balances2012-05-0124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-05-011
2011: CHAMPION TOOL & ENGINEERING 401 (K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-05-0123
Total number of active participants reported on line 7a of the Form 55002011-05-0121
Number of retired or separated participants receiving benefits2011-05-010
Number of other retired or separated participants entitled to future benefits2011-05-010
Total of all active and inactive participants2011-05-0121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-05-010
Total participants2011-05-0121
Number of participants with account balances2011-05-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-05-010
2009: CHAMPION TOOL & ENGINEERING 401 (K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-05-0123
Total number of active participants reported on line 7a of the Form 55002009-05-0122
Number of retired or separated participants receiving benefits2009-05-010
Number of other retired or separated participants entitled to future benefits2009-05-011
Total of all active and inactive participants2009-05-0123
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-05-010
Total participants2009-05-0123
Number of participants with account balances2009-05-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-05-010

Financial Data on CHAMPION TOOL & ENGINEERING 401 (K) PLAN

Measure Date Value
2015 : CHAMPION TOOL & ENGINEERING 401 (K) PLAN 2015 401k financial data
Total income from all sources2015-04-30$132,585
Expenses. Total of all expenses incurred2015-04-30$141,617
Benefits paid (including direct rollovers)2015-04-30$128,651
Total plan assets at end of year2015-04-30$960,016
Total plan assets at beginning of year2015-04-30$969,048
Value of fidelity bond covering the plan2015-04-30$100,000
Total contributions received or receivable from participants2015-04-30$75,330
Expenses. Other expenses not covered elsewhere2015-04-30$78
Contributions received from other sources (not participants or employers)2015-04-30$0
Other income received2015-04-30$50,177
Net income (gross income less expenses)2015-04-30$-9,032
Net plan assets at end of year (total assets less liabilities)2015-04-30$960,016
Net plan assets at beginning of year (total assets less liabilities)2015-04-30$969,048
Assets. Value of participant loans2015-04-30$38,234
Total contributions received or receivable from employer(s)2015-04-30$7,078
Value of certain deemed distributions of participant loans2015-04-30$0
Value of corrective distributions2015-04-30$12,888
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-04-30$0
Funding deficiency by the employer to the plan for this plan year2015-04-30$0
Minimum employer required contribution for this plan year2015-04-30$0
Amount contributed by the employer to the plan for this plan year2015-04-30$0
2014 : CHAMPION TOOL & ENGINEERING 401 (K) PLAN 2014 401k financial data
Transfers to/from the plan2014-04-30$3,636
Total income from all sources2014-04-30$146,597
Expenses. Total of all expenses incurred2014-04-30$154,274
Benefits paid (including direct rollovers)2014-04-30$154,134
Total plan assets at end of year2014-04-30$969,048
Total plan assets at beginning of year2014-04-30$973,089
Value of fidelity bond covering the plan2014-04-30$100,000
Total contributions received or receivable from participants2014-04-30$64,196
Expenses. Other expenses not covered elsewhere2014-04-30$140
Contributions received from other sources (not participants or employers)2014-04-30$2,268
Other income received2014-04-30$77,861
Net income (gross income less expenses)2014-04-30$-7,677
Net plan assets at end of year (total assets less liabilities)2014-04-30$969,048
Net plan assets at beginning of year (total assets less liabilities)2014-04-30$973,089
Assets. Value of participant loans2014-04-30$31,888
Total contributions received or receivable from employer(s)2014-04-30$2,272
Funding deficiency by the employer to the plan for this plan year2014-04-30$0
Minimum employer required contribution for this plan year2014-04-30$0
Amount contributed by the employer to the plan for this plan year2014-04-30$0
2013 : CHAMPION TOOL & ENGINEERING 401 (K) PLAN 2013 401k financial data
Total income from all sources2013-04-30$137,859
Expenses. Total of all expenses incurred2013-04-30$3,447
Benefits paid (including direct rollovers)2013-04-30$3,369
Total plan assets at end of year2013-04-30$973,089
Total plan assets at beginning of year2013-04-30$838,677
Value of fidelity bond covering the plan2013-04-30$100,000
Total contributions received or receivable from participants2013-04-30$54,365
Expenses. Other expenses not covered elsewhere2013-04-30$78
Other income received2013-04-30$77,748
Net income (gross income less expenses)2013-04-30$134,412
Net plan assets at end of year (total assets less liabilities)2013-04-30$973,089
Net plan assets at beginning of year (total assets less liabilities)2013-04-30$838,677
Assets. Value of participant loans2013-04-30$32,639
Total contributions received or receivable from employer(s)2013-04-30$5,746
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-04-30$0
2012 : CHAMPION TOOL & ENGINEERING 401 (K) PLAN 2012 401k financial data
Transfers to/from the plan2012-04-30$0
Total income from all sources2012-04-30$46,712
Expenses. Total of all expenses incurred2012-04-30$159,269
Benefits paid (including direct rollovers)2012-04-30$159,253
Total plan assets at end of year2012-04-30$838,677
Total plan assets at beginning of year2012-04-30$951,234
Value of fidelity bond covering the plan2012-04-30$100,000
Total contributions received or receivable from participants2012-04-30$59,274
Expenses. Other expenses not covered elsewhere2012-04-30$16
Contributions received from other sources (not participants or employers)2012-04-30$0
Other income received2012-04-30$-15,415
Noncash contributions received2012-04-30$0
Net income (gross income less expenses)2012-04-30$-112,557
Net plan assets at end of year (total assets less liabilities)2012-04-30$838,677
Net plan assets at beginning of year (total assets less liabilities)2012-04-30$951,234
Assets. Value of participant loans2012-04-30$34,914
Total contributions received or receivable from employer(s)2012-04-30$2,853
Value of certain deemed distributions of participant loans2012-04-30$0
Value of corrective distributions2012-04-30$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-04-30$0
2011 : CHAMPION TOOL & ENGINEERING 401 (K) PLAN 2011 401k financial data
Transfers to/from the plan2011-04-30$0
Total income from all sources2011-04-30$145,283
Expenses. Total of all expenses incurred2011-04-30$3,153
Benefits paid (including direct rollovers)2011-04-30$3,137
Total plan assets at end of year2011-04-30$951,234
Total plan assets at beginning of year2011-04-30$809,104
Value of fidelity bond covering the plan2011-04-30$100,000
Total contributions received or receivable from participants2011-04-30$50,033
Expenses. Other expenses not covered elsewhere2011-04-30$16
Contributions received from other sources (not participants or employers)2011-04-30$1,140
Other income received2011-04-30$87,570
Net income (gross income less expenses)2011-04-30$142,130
Net plan assets at end of year (total assets less liabilities)2011-04-30$951,234
Net plan assets at beginning of year (total assets less liabilities)2011-04-30$809,104
Assets. Value of participant loans2011-04-30$38,814
Total contributions received or receivable from employer(s)2011-04-30$6,540
Value of certain deemed distributions of participant loans2011-04-30$0
Value of corrective distributions2011-04-30$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-04-30$0

Form 5500 Responses for CHAMPION TOOL & ENGINEERING 401 (K) PLAN

2014: CHAMPION TOOL & ENGINEERING 401 (K) PLAN 2014 form 5500 responses
2014-05-01Type of plan entitySingle employer plan
2014-05-01Submission has been amendedNo
2014-05-01This submission is the final filingNo
2014-05-01This return/report is a short plan year return/report (less than 12 months)No
2014-05-01Plan is a collectively bargained planNo
2014-05-01Plan funding arrangement – InsuranceYes
2014-05-01Plan funding arrangement – TrustYes
2014-05-01Plan benefit arrangement – InsuranceYes
2013: CHAMPION TOOL & ENGINEERING 401 (K) PLAN 2013 form 5500 responses
2013-05-01Type of plan entitySingle employer plan
2013-05-01Submission has been amendedNo
2013-05-01This submission is the final filingNo
2013-05-01This return/report is a short plan year return/report (less than 12 months)No
2013-05-01Plan is a collectively bargained planNo
2013-05-01Plan funding arrangement – InsuranceYes
2013-05-01Plan funding arrangement – TrustYes
2013-05-01Plan benefit arrangement – InsuranceYes
2012: CHAMPION TOOL & ENGINEERING 401 (K) PLAN 2012 form 5500 responses
2012-05-01Type of plan entitySingle employer plan
2012-05-01Submission has been amendedNo
2012-05-01This submission is the final filingNo
2012-05-01This return/report is a short plan year return/report (less than 12 months)No
2012-05-01Plan is a collectively bargained planNo
2012-05-01Plan funding arrangement – InsuranceYes
2012-05-01Plan funding arrangement – TrustYes
2012-05-01Plan benefit arrangement – InsuranceYes
2011: CHAMPION TOOL & ENGINEERING 401 (K) PLAN 2011 form 5500 responses
2011-05-01Type of plan entitySingle employer plan
2011-05-01Submission has been amendedNo
2011-05-01This submission is the final filingNo
2011-05-01This return/report is a short plan year return/report (less than 12 months)No
2011-05-01Plan is a collectively bargained planNo
2011-05-01Plan funding arrangement – InsuranceYes
2011-05-01Plan funding arrangement – TrustYes
2011-05-01Plan benefit arrangement – InsuranceYes
2009: CHAMPION TOOL & ENGINEERING 401 (K) PLAN 2009 form 5500 responses
2009-05-01Type of plan entitySingle employer plan
2009-05-01Submission has been amendedNo
2009-05-01This submission is the final filingNo
2009-05-01This return/report is a short plan year return/report (less than 12 months)No
2009-05-01Plan is a collectively bargained planNo
2009-05-01Plan funding arrangement – InsuranceYes
2009-05-01Plan funding arrangement – TrustYes
2009-05-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-803570
Policy instance 1
Insurance contract or identification numberGA-803570
Number of Individuals Covered18
Insurance policy start date2014-05-01
Insurance policy end date2015-04-30
Total amount of commissions paid to insurance brokerUSD $3,580
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,580
Insurance broker organization code?3
Insurance broker nameBAIRD INSURANCE SERVICES INC
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-803570
Policy instance 1
Insurance contract or identification numberGA-803570
Number of Individuals Covered17
Insurance policy start date2013-05-01
Insurance policy end date2014-04-30
Total amount of commissions paid to insurance brokerUSD $3,868
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,868
Insurance broker organization code?3
Insurance broker nameBAIRD INS SERVICES INC.
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-803570
Policy instance 1
Insurance contract or identification numberGA-803570
Number of Individuals Covered24
Insurance policy start date2012-05-01
Insurance policy end date2013-04-30
Total amount of commissions paid to insurance brokerUSD $3,356
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 $3,356
Insurance broker organization code?3
Insurance broker nameBAIRD INS SERVICES INC
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-803570
Policy instance 1
Insurance contract or identification numberGA-803570
Number of Individuals Covered18
Insurance policy start date2011-05-01
Insurance policy end date2012-04-30
Total amount of commissions paid to insurance brokerUSD $3,505
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
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-803570
Policy instance 1
Insurance contract or identification numberGA-803570
Number of Individuals Covered20
Insurance policy start date2010-05-01
Insurance policy end date2011-04-30
Total amount of commissions paid to insurance brokerUSD $3,211
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

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