Plan Name | METAL WORKS OF HIGH POINT, INC. 401(K) PROFIT SHARING PLAN |
Plan identification number | 001 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
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Company Name: | METAL WORKS OF HIGH POINT, INC. |
Employer identification number (EIN): | 561758894 |
NAIC Classification: | 332900 |
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2022-01-01 | MICHAEL VANDERFORD | 2023-10-10 | ||
001 | 2021-01-01 | ||||
001 | 2021-01-01 | ||||
001 | 2020-01-01 | ||||
001 | 2019-01-01 | TONYA COUNTS | 2020-10-15 | ||
001 | 2018-01-01 | TONYA COUNTS | 2019-10-08 | ||
001 | 2017-01-01 | J. CAMPBELL HALL III | 2018-07-03 | ||
001 | 2016-01-01 | J. CAMPBELL HALL III | 2017-07-06 | ||
001 | 2015-01-01 | J. CAMPBELL HALL III | 2016-09-13 | ||
001 | 2014-01-01 | J. CAMPBELL HALL III | 2015-06-16 | ||
001 | 2013-01-01 | J. CAMPBELL HALL III | 2014-07-03 | ||
001 | 2012-01-01 | J. CAMPBELL HALL III | 2013-07-01 | ||
001 | 2011-01-01 | J CAMPBELL HALL III | 2012-07-26 | ||
001 | 2010-01-01 | J. CAMPBELL HALL, III | 2012-07-26 |
Measure | Date | Value |
---|---|---|
2021: METAL WORKS OF HIGH POINT, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership | ||
Total participants, beginning-of-year | 2021-01-01 | 57 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 44 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 1 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 11 |
Total of all active and inactive participants | 2021-01-01 | 56 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
Total participants | 2021-01-01 | 56 |
Number of participants with account balances | 2021-01-01 | 34 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
2020: METAL WORKS OF HIGH POINT, INC. 401(K) PROFIT SHARING PLAN 2020 401k membership | ||
Total participants, beginning-of-year | 2020-01-01 | 62 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 49 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 12 |
Total of all active and inactive participants | 2020-01-01 | 61 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 0 |
Total participants | 2020-01-01 | 61 |
Number of participants with account balances | 2020-01-01 | 32 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 0 |
Measure | Date | Value |
---|---|---|
2021 : METAL WORKS OF HIGH POINT, INC. 401(K) PROFIT SHARING PLAN 2021 401k financial data | ||
Total income from all sources | 2021-12-31 | $723,111 |
Expenses. Total of all expenses incurred | 2021-12-31 | $414,876 |
Benefits paid (including direct rollovers) | 2021-12-31 | $397,420 |
Total plan assets at end of year | 2021-12-31 | $3,337,872 |
Total plan assets at beginning of year | 2021-12-31 | $3,029,637 |
Value of fidelity bond covering the plan | 2021-12-31 | $250,000 |
Total contributions received or receivable from participants | 2021-12-31 | $94,894 |
Other income received | 2021-12-31 | $571,010 |
Net income (gross income less expenses) | 2021-12-31 | $308,235 |
Net plan assets at end of year (total assets less liabilities) | 2021-12-31 | $3,337,872 |
Net plan assets at beginning of year (total assets less liabilities) | 2021-12-31 | $3,029,637 |
Assets. Value of participant loans | 2021-12-31 | $42,393 |
Total contributions received or receivable from employer(s) | 2021-12-31 | $57,207 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2021-12-31 | $17,456 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
2020 : METAL WORKS OF HIGH POINT, INC. 401(K) PROFIT SHARING PLAN 2020 401k financial data | ||
Total income from all sources | 2020-12-31 | $890,972 |
Expenses. Total of all expenses incurred | 2020-12-31 | $60,280 |
Benefits paid (including direct rollovers) | 2020-12-31 | $46,261 |
Total plan assets at end of year | 2020-12-31 | $3,029,637 |
Total plan assets at beginning of year | 2020-12-31 | $2,198,945 |
Value of fidelity bond covering the plan | 2020-12-31 | $250,000 |
Total contributions received or receivable from participants | 2020-12-31 | $91,947 |
Other income received | 2020-12-31 | $742,661 |
Net income (gross income less expenses) | 2020-12-31 | $830,692 |
Net plan assets at end of year (total assets less liabilities) | 2020-12-31 | $3,029,637 |
Net plan assets at beginning of year (total assets less liabilities) | 2020-12-31 | $2,198,945 |
Assets. Value of participant loans | 2020-12-31 | $44,215 |
Total contributions received or receivable from employer(s) | 2020-12-31 | $56,364 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2020-12-31 | $14,019 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
2021: METAL WORKS OF HIGH POINT, INC. 401(K) PROFIT SHARING PLAN 2021 form 5500 responses | ||
---|---|---|
2021-01-01 | Type of plan entity | Single employer plan |
2021-01-01 | Submission has been amended | No |
2021-01-01 | This submission is the final filing | No |
2021-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2021-01-01 | Plan is a collectively bargained plan | No |
2021-01-01 | Plan funding arrangement – Insurance | Yes |
2021-01-01 | Plan funding arrangement – Trust | Yes |
2021-01-01 | Plan benefit arrangement – Insurance | Yes |
2021-01-01 | Plan benefit arrangement - Trust | Yes |
2020: METAL WORKS OF HIGH POINT, INC. 401(K) PROFIT SHARING PLAN 2020 form 5500 responses | ||
2020-01-01 | Type of plan entity | Single employer plan |
2020-01-01 | Submission has been amended | No |
2020-01-01 | This submission is the final filing | No |
2020-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2020-01-01 | Plan is a collectively bargained plan | No |
2020-01-01 | Plan funding arrangement – Insurance | Yes |
2020-01-01 | Plan funding arrangement – Trust | Yes |
2020-01-01 | Plan benefit arrangement – Insurance | Yes |
2020-01-01 | Plan benefit arrangement - Trust | Yes |
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 78778 ) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Policy contract number | 600020579 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Policy instance | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 78778 ) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Policy contract number | 600020579 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Policy instance | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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