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SPECIAL METALS, INC. 401(K) PLAN 401k Plan overview

Plan NameSPECIAL METALS, INC. 401(K) PLAN
Plan identification number 001

SPECIAL METALS, INC. 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SPECIAL METALS, INC. has sponsored the creation of one or more 401k plans.

Company Name:SPECIAL METALS, INC.
Employer identification number (EIN):731244740
NAIC Classification:423500

Additional information about SPECIAL METALS, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 1985-01-16
Company Identification Number: 0073592300
Legal Registered Office Address: PO BOX 3187

CONROE
United States of America (USA)
77305

More information about SPECIAL METALS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SPECIAL METALS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-01-01KIMBERLY COLLIE
0012016-01-01MIKE POTTS
0012015-01-01KIMBERLY COLLIE
0012014-01-01MIKE POTTS
0012013-01-01GREGORY KLINE
0012012-01-01MIKE POTTS MIKE POTTS2013-06-03
0012011-01-01MIKE POTTS
0012010-01-01MIKE POTTS

Plan Statistics for SPECIAL METALS, INC. 401(K) PLAN

401k plan membership statisitcs for SPECIAL METALS, INC. 401(K) PLAN

Measure Date Value
2017: SPECIAL METALS, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0167
Total number of active participants reported on line 7a of the Form 55002017-01-010
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-010
Number of participants with account balances2017-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: SPECIAL METALS, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0168
Total number of active participants reported on line 7a of the Form 55002016-01-0159
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-018
Total of all active and inactive participants2016-01-0167
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0167
Number of participants with account balances2016-01-0155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: SPECIAL METALS, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0191
Total number of active participants reported on line 7a of the Form 55002015-01-0155
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0113
Total of all active and inactive participants2015-01-0168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0168
Number of participants with account balances2015-01-0162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: SPECIAL METALS, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0195
Total number of active participants reported on line 7a of the Form 55002014-01-0178
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0113
Total of all active and inactive participants2014-01-0191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0191
Number of participants with account balances2014-01-0191
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: SPECIAL METALS, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0174
Total number of active participants reported on line 7a of the Form 55002013-01-0178
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0116
Total of all active and inactive participants2013-01-0194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-0195
Number of participants with account balances2013-01-0195
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: SPECIAL METALS, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0170
Total number of active participants reported on line 7a of the Form 55002012-01-0167
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-017
Total of all active and inactive participants2012-01-0174
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0174
Number of participants with account balances2012-01-0150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: SPECIAL METALS, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0149
Total number of active participants reported on line 7a of the Form 55002011-01-0149
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-017
Total of all active and inactive participants2011-01-0156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0156
Number of participants with account balances2011-01-0156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: SPECIAL METALS, INC. 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0149
Total number of active participants reported on line 7a of the Form 55002010-01-0143
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-016
Total of all active and inactive participants2010-01-0149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0149
Number of participants with account balances2010-01-0149
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010

Financial Data on SPECIAL METALS, INC. 401(K) PLAN

Measure Date Value
2017 : SPECIAL METALS, INC. 401(K) PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$-2,443,603
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$503,885
Expenses. Total of all expenses incurred2017-12-31$290,579
Benefits paid (including direct rollovers)2017-12-31$280,887
Total plan assets at end of year2017-12-31$0
Total plan assets at beginning of year2017-12-31$2,230,297
Value of fidelity bond covering the plan2017-12-31$500,000
Total contributions received or receivable from participants2017-12-31$69,723
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$309,162
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$213,306
Net plan assets at end of year (total assets less liabilities)2017-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$2,230,297
Total contributions received or receivable from employer(s)2017-12-31$125,000
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$9,617
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$75
2016 : SPECIAL METALS, INC. 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$266,974
Expenses. Total of all expenses incurred2016-12-31$352,455
Benefits paid (including direct rollovers)2016-12-31$346,680
Total plan assets at end of year2016-12-31$2,230,297
Total plan assets at beginning of year2016-12-31$2,315,778
Value of fidelity bond covering the plan2016-12-31$500,000
Total contributions received or receivable from participants2016-12-31$66,925
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$76,672
Other income received2016-12-31$123,377
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$-85,481
Net plan assets at end of year (total assets less liabilities)2016-12-31$2,230,297
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$2,315,778
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$5,625
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$150
2015 : SPECIAL METALS, INC. 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$100,621
Expenses. Total of all expenses incurred2015-12-31$513,964
Benefits paid (including direct rollovers)2015-12-31$512,647
Total plan assets at end of year2015-12-31$2,315,778
Total plan assets at beginning of year2015-12-31$2,729,121
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$99,892
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$729
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$-413,343
Net plan assets at end of year (total assets less liabilities)2015-12-31$2,315,778
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$2,729,121
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$917
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$400
2014 : SPECIAL METALS, INC. 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$618,873
Expenses. Total of all expenses incurred2014-12-31$166,397
Benefits paid (including direct rollovers)2014-12-31$153,148
Total plan assets at end of year2014-12-31$2,729,121
Total plan assets at beginning of year2014-12-31$2,276,645
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$103,807
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$95,066
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$452,476
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,729,121
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$2,276,645
Total contributions received or receivable from employer(s)2014-12-31$420,000
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$13,049
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$200
2013 : SPECIAL METALS, INC. 401(K) PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$1,019,194
Expenses. Total of all expenses incurred2013-12-31$111,093
Benefits paid (including direct rollovers)2013-12-31$105,295
Total plan assets at end of year2013-12-31$2,276,645
Total plan assets at beginning of year2013-12-31$1,368,544
Value of fidelity bond covering the plan2013-12-31$500,000
Total contributions received or receivable from participants2013-12-31$111,772
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$14,290
Other income received2013-12-31$213,132
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$908,101
Net plan assets at end of year (total assets less liabilities)2013-12-31$2,276,645
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,368,544
Total contributions received or receivable from employer(s)2013-12-31$680,000
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$5,615
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$183
2012 : SPECIAL METALS, INC. 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$206,642
Expenses. Total of all expenses incurred2012-12-31$100,681
Benefits paid (including direct rollovers)2012-12-31$100,487
Total plan assets at end of year2012-12-31$1,368,544
Total plan assets at beginning of year2012-12-31$1,262,583
Value of fidelity bond covering the plan2012-12-31$500,000
Total contributions received or receivable from participants2012-12-31$91,767
Other income received2012-12-31$114,875
Net income (gross income less expenses)2012-12-31$105,961
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,368,544
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,262,583
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$194
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : SPECIAL METALS, INC. 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$277,363
Expenses. Total of all expenses incurred2011-12-31$44,106
Benefits paid (including direct rollovers)2011-12-31$43,894
Total plan assets at end of year2011-12-31$1,262,583
Total plan assets at beginning of year2011-12-31$1,029,326
Value of fidelity bond covering the plan2011-12-31$500,000
Total contributions received or receivable from participants2011-12-31$62,482
Other income received2011-12-31$-25,119
Net income (gross income less expenses)2011-12-31$233,257
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,262,583
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,029,326
Total contributions received or receivable from employer(s)2011-12-31$240,000
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$212
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : SPECIAL METALS, INC. 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$308,046
Expenses. Total of all expenses incurred2010-12-31$48,643
Benefits paid (including direct rollovers)2010-12-31$48,537
Total plan assets at end of year2010-12-31$1,029,326
Total plan assets at beginning of year2010-12-31$769,923
Value of fidelity bond covering the plan2010-12-31$1,000,000
Total contributions received or receivable from participants2010-12-31$31,388
Other income received2010-12-31$66,658
Net income (gross income less expenses)2010-12-31$259,403
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,029,326
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$769,923
Total contributions received or receivable from employer(s)2010-12-31$210,000
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$106
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0

Form 5500 Responses for SPECIAL METALS, INC. 401(K) PLAN

2017: SPECIAL METALS, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingYes
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: SPECIAL METALS, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: SPECIAL METALS, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: SPECIAL METALS, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: SPECIAL METALS, INC. 401(K) 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 – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: SPECIAL METALS, INC. 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: SPECIAL METALS, INC. 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: SPECIAL METALS, INC. 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedYes
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes

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