Logo

CLOVER TOOL CO., INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameCLOVER TOOL CO., INC. 401(K) PROFIT SHARING PLAN
Plan identification number 002

CLOVER TOOL CO., INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined 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
  • 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.
  • 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.
  • Life insurance

401k Sponsoring company profile

CLOVER TOOL CO., INC. has sponsored the creation of one or more 401k plans.

Company Name:CLOVER TOOL CO., INC.
Employer identification number (EIN):454083548
NAIC Classification:423800

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CLOVER TOOL CO., INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022017-01-01
0022016-01-01
0022015-01-01CAROL MANLEY2016-09-27
0022014-01-01CAROL MANLEY2015-10-01
0022013-01-01CAROL MANLEY
0022012-01-01CAROL MANLEY

Plan Statistics for CLOVER TOOL CO., INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for CLOVER TOOL CO., INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2013: CLOVER TOOL CO., INC. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0111
Total number of active participants reported on line 7a of the Form 55002013-01-0111
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0111
Number of participants with account balances2013-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: CLOVER TOOL CO., INC. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-014
Total number of active participants reported on line 7a of the Form 55002012-01-0110
Total of all active and inactive participants2012-01-0110
Total participants2012-01-0110

Financial Data on CLOVER TOOL CO., INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2013 : CLOVER TOOL CO., INC. 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$133,768
Expenses. Total of all expenses incurred2013-12-31$8,384
Benefits paid (including direct rollovers)2013-12-31$7,623
Total plan assets at end of year2013-12-31$166,442
Total plan assets at beginning of year2013-12-31$41,058
Total contributions received or receivable from participants2013-12-31$53,398
Expenses. Other expenses not covered elsewhere2013-12-31$761
Contributions received from other sources (not participants or employers)2013-12-31$3,325
Other income received2013-12-31$8,856
Net income (gross income less expenses)2013-12-31$125,384
Net plan assets at end of year (total assets less liabilities)2013-12-31$166,442
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$41,058
Total contributions received or receivable from employer(s)2013-12-31$68,189
2012 : CLOVER TOOL CO., INC. 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$41,058
Total plan assets at end of year2012-12-31$41,058
Total plan assets at beginning of year2012-12-31$0
Net income (gross income less expenses)2012-12-31$41,058
Net plan assets at end of year (total assets less liabilities)2012-12-31$41,058
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$0
Total contributions received or receivable from employer(s)2012-12-31$41,058

Form 5500 Responses for CLOVER TOOL CO., INC. 401(K) PROFIT SHARING PLAN

2013: CLOVER TOOL CO., INC. 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: CLOVER TOOL CO., INC. 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01First time form 5500 has been submittedYes
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PACIFIC LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 67466 )
Policy contract numberVF80311590
Policy instance 1

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
US 401k Lookup     VAT Lookup