401k Plan data: SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN plan

SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN 401k Plan overview

Plan Name	SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN
Plan identification number	001

SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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.
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

SEATTLE IRON & METALS CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: SEATTLE IRON & METALS CORPORATION

Employer identification number (EIN): 910402970

NAIC Classification: 423500

Additional information about SEATTLE IRON & METALS CORPORATION

Jurisdiction of Incorporation: Washington Secretary of State Corporations Division

Incorporation Date: 1927-01-14

Company Identification Number: 178000007

Legal Registered Office Address: 901 5TH AVE STE 3500

SEATTLE
United States of America (USA)
981642059

More information about SEATTLE IRON & METALS CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 GORDON LAU 2024-06-03 GORDON LAU 2024-06-03
001 2022-01-01 GORDON LAU 2023-06-16 GORDON LAU 2023-06-16
001 2021-01-01 GORDON LAU 2022-07-14 GORDON LAU 2022-07-14
001 2020-01-01 GORDON LAU 2021-08-18 GORDON LAU 2021-08-18
001 2019-01-01 GORDON LAU 2020-05-15 GORDON LAU 2020-05-15
001 2018-01-01 GORDON LAU 2019-07-03 GORDON LAU 2019-07-03
001 2017-01-01 GORDON LAU 2018-10-08 GORDON LAU 2018-10-08
001 2016-01-01 GORDON LAU 2017-04-28
001 2015-01-01 GORDON LAU 2016-06-16
001 2014-01-01 GORDON LAU 2015-05-15
001 2013-01-01 GORDON LAU 2014-09-30
001 2012-01-01 GORDON LAU GORDON LAU 2013-07-09
001 2011-01-01 GORDON LAU
001 2009-01-01 GORDON LAU
001 2009-01-01

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01	GORDON LAU	2024-06-03	GORDON LAU	2024-06-03
001	2022-01-01	GORDON LAU	2023-06-16	GORDON LAU	2023-06-16
001	2021-01-01	GORDON LAU	2022-07-14	GORDON LAU	2022-07-14
001	2020-01-01	GORDON LAU	2021-08-18	GORDON LAU	2021-08-18
001	2019-01-01	GORDON LAU	2020-05-15	GORDON LAU	2020-05-15
001	2018-01-01	GORDON LAU	2019-07-03	GORDON LAU	2019-07-03
001	2017-01-01	GORDON LAU	2018-10-08	GORDON LAU	2018-10-08
001	2016-01-01	GORDON LAU	2017-04-28
001	2015-01-01	GORDON LAU	2016-06-16
001	2014-01-01	GORDON LAU	2015-05-15
001	2013-01-01	GORDON LAU	2014-09-30
001	2012-01-01	GORDON LAU		GORDON LAU	2013-07-09
001	2011-01-01	GORDON LAU
001	2009-01-01	GORDON LAU
001	2009-01-01

Plan Statistics for SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN

401k plan membership statisitcs for SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN

Measure Date Value
2012: SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 52
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 36
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 12
Total of all active and inactive participants 2012-01-01 48
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 48
Number of participants with account balances 2012-01-01 41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 5
2011: SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 42
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 44
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 8
Total of all active and inactive participants 2011-01-01 52
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 52
Number of participants with account balances 2011-01-01 44
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 2
2009: SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 37
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 33
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 4
Total of all active and inactive participants 2009-01-01 37
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 37
Number of participants with account balances 2009-01-01 36
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 1

Measure	Date	Value
2012: SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	52
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	36
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	12
Total of all active and inactive participants	2012-01-01	48
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	48
Number of participants with account balances	2012-01-01	41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	5
2011: SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	42
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	44
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	8
Total of all active and inactive participants	2011-01-01	52
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	52
Number of participants with account balances	2011-01-01	44
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	2
2009: SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	37
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	33
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	4
Total of all active and inactive participants	2009-01-01	37
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	37
Number of participants with account balances	2009-01-01	36
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	1

Financial Data on SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN

Measure	Date	Value
2012 : SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$601,488
Expenses. Total of all expenses incurred	2012-12-31	$733,405
Benefits paid (including direct rollovers)	2012-12-31	$722,481
Total plan assets at end of year	2012-12-31	$3,406,301
Total plan assets at beginning of year	2012-12-31	$3,538,218
Value of fidelity bond covering the plan	2012-12-31	$300,000
Total contributions received or receivable from participants	2012-12-31	$74,768
Expenses. Other expenses not covered elsewhere	2012-12-31	$10,924
Contributions received from other sources (not participants or employers)	2012-12-31	$50,922
Other income received	2012-12-31	$394,135
Net income (gross income less expenses)	2012-12-31	$-131,917
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$3,406,301
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$3,538,218
Assets. Value of participant loans	2012-12-31	$197,127
Total contributions received or receivable from employer(s)	2012-12-31	$81,663
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$225,163
Expenses. Total of all expenses incurred	2011-12-31	$22,010
Benefits paid (including direct rollovers)	2011-12-31	$8,295
Total plan assets at end of year	2011-12-31	$3,538,218
Total plan assets at beginning of year	2011-12-31	$3,335,065
Value of fidelity bond covering the plan	2011-12-31	$300,000
Total contributions received or receivable from participants	2011-12-31	$112,691
Expenses. Other expenses not covered elsewhere	2011-12-31	$13,323
Other income received	2011-12-31	$12,472
Net income (gross income less expenses)	2011-12-31	$203,153
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$3,538,218
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$3,335,065
Assets. Value of participant loans	2011-12-31	$175,542
Total contributions received or receivable from employer(s)	2011-12-31	$100,000
Value of corrective distributions	2011-12-31	$392
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$583,794
Expenses. Total of all expenses incurred	2010-12-31	$163,106
Benefits paid (including direct rollovers)	2010-12-31	$152,257
Total plan assets at end of year	2010-12-31	$3,335,065
Total plan assets at beginning of year	2010-12-31	$2,914,377
Value of fidelity bond covering the plan	2010-12-31	$300,000
Total contributions received or receivable from participants	2010-12-31	$108,347
Expenses. Other expenses not covered elsewhere	2010-12-31	$10,849
Other income received	2010-12-31	$375,447
Net income (gross income less expenses)	2010-12-31	$420,688
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$3,335,065
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$2,914,377
Assets. Value of participant loans	2010-12-31	$77,557
Total contributions received or receivable from employer(s)	2010-12-31	$100,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN

2012: SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: SEATTLE IRON & METALS CORPORATION PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	Yes
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	SEATTLE IRON & METALS CORPORATION
Employer identification number (EIN):	910402970
NAIC Classification:	423500

Jurisdiction of Incorporation:	Washington Secretary of State Corporations Division
Incorporation Date:	1927-01-14
Company Identification Number:	178000007
Legal Registered Office Address:	901 5TH AVE STE 3500 SEATTLE United States of America (USA) 981642059