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ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 401k Plan overview

Plan NameACOSTA SHEET METAL RETIREMENT PLAN & TRUST
Plan identification number 001

ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 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.
  • 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

SAL J. ACOSTA SHEET METAL MANUFACTURING COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name:SAL J. ACOSTA SHEET METAL MANUFACTURING COMPANY, INC.
Employer identification number (EIN):942240059
NAIC Classification:331200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ACOSTA SHEET METAL RETIREMENT PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01SAL J ACOSTA2013-07-30 SAL J ACOSTA2013-07-30
0012011-01-01SAL J ACOSTA2012-05-30 SAL J ACOSTA2012-05-30
0012010-01-01SAL J ACOSTA2011-05-23 SAL J ACOSTA2011-05-23

Plan Statistics for ACOSTA SHEET METAL RETIREMENT PLAN & TRUST

401k plan membership statisitcs for ACOSTA SHEET METAL RETIREMENT PLAN & TRUST

Measure Date Value
2023: ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 2023 401k membership
Total participants, beginning-of-year2023-01-0110
Total number of active participants reported on line 7a of the Form 55002023-01-019
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-011
Total of all active and inactive participants2023-01-0110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-0110
Number of participants with account balances2023-01-0110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 2022 401k membership
Total participants, beginning-of-year2022-01-0110
Total number of active participants reported on line 7a of the Form 55002022-01-019
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-011
Total of all active and inactive participants2022-01-0110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0110
Number of participants with account balances2022-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 2021 401k membership
Total participants, beginning-of-year2021-01-0110
Total number of active participants reported on line 7a of the Form 55002021-01-018
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-012
Total of all active and inactive participants2021-01-0110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0110
Number of participants with account balances2021-01-0110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 2020 401k membership
Total participants, beginning-of-year2020-01-0111
Total number of active participants reported on line 7a of the Form 55002020-01-0110
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-0110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0110
Number of participants with account balances2020-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-0111
Total number of active participants reported on line 7a of the Form 55002019-01-0110
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-011
Total of all active and inactive participants2019-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0111
Number of participants with account balances2019-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 2018 401k membership
Total participants, beginning-of-year2018-01-0113
Total number of active participants reported on line 7a of the Form 55002018-01-0110
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-011
Total of all active and inactive participants2018-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0111
Number of participants with account balances2018-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010

Financial Data on ACOSTA SHEET METAL RETIREMENT PLAN & TRUST

Measure Date Value
2023 : ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 2023 401k financial data
Transfers to/from the plan2023-12-31$0
Total plan liabilities at end of year2023-12-31$0
Total plan liabilities at beginning of year2023-12-31$0
Total income from all sources2023-12-31$413,998
Expenses. Total of all expenses incurred2023-12-31$46,083
Benefits paid (including direct rollovers)2023-12-31$29,299
Total plan assets at end of year2023-12-31$2,210,067
Total plan assets at beginning of year2023-12-31$1,842,152
Value of fidelity bond covering the plan2023-12-31$200,000
Assets. Value of tangible personal property2023-12-31$0
Total contributions received or receivable from participants2023-12-31$103,840
Assets. Value of loans (other than to participants)2023-12-31$0
Expenses. Other expenses not covered elsewhere2023-12-31$0
Contributions received from other sources (not participants or employers)2023-12-31$0
Other income received2023-12-31$273,890
Noncash contributions received2023-12-31$0
Net income (gross income less expenses)2023-12-31$367,915
Net plan assets at end of year (total assets less liabilities)2023-12-31$2,210,067
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$1,842,152
Assets. Value of participant loans2023-12-31$0
Assets. Value of assets in partnership/joint-venture interests2023-12-31$0
Assets. Value of real-estate (other than employer real property)2023-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022023-12-31$0
Assets. Value of employer securities2023-12-31$0
Assets. Value of employer real property2023-12-31$0
Total contributions received or receivable from employer(s)2023-12-31$36,268
Value of certain deemed distributions of participant loans2023-12-31$0
Value of corrective distributions2023-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$16,784
2022 : ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$-240,635
Expenses. Total of all expenses incurred2022-12-31$298,318
Benefits paid (including direct rollovers)2022-12-31$280,658
Total plan assets at end of year2022-12-31$1,842,152
Total plan assets at beginning of year2022-12-31$2,381,105
Value of fidelity bond covering the plan2022-12-31$200,000
Assets. Value of tangible personal property2022-12-31$0
Total contributions received or receivable from participants2022-12-31$93,781
Assets. Value of loans (other than to participants)2022-12-31$0
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$-373,372
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-538,953
Net plan assets at end of year (total assets less liabilities)2022-12-31$1,842,152
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$2,381,105
Assets. Value of participant loans2022-12-31$0
Assets. Value of assets in partnership/joint-venture interests2022-12-31$0
Assets. Value of real-estate (other than employer real property)2022-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022022-12-31$0
Assets. Value of employer securities2022-12-31$0
Assets. Value of employer real property2022-12-31$0
Total contributions received or receivable from employer(s)2022-12-31$38,956
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$17,660
2021 : ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$372,012
Expenses. Total of all expenses incurred2021-12-31$239,928
Benefits paid (including direct rollovers)2021-12-31$218,615
Total plan assets at end of year2021-12-31$2,381,105
Total plan assets at beginning of year2021-12-31$2,249,021
Value of fidelity bond covering the plan2021-12-31$200,000
Assets. Value of tangible personal property2021-12-31$0
Total contributions received or receivable from participants2021-12-31$90,097
Assets. Value of loans (other than to participants)2021-12-31$0
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$267,013
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$132,084
Net plan assets at end of year (total assets less liabilities)2021-12-31$2,381,105
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$2,249,021
Assets. Value of participant loans2021-12-31$0
Assets. Value of assets in partnership/joint-venture interests2021-12-31$0
Assets. Value of real-estate (other than employer real property)2021-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022021-12-31$0
Assets. Value of employer securities2021-12-31$0
Assets. Value of employer real property2021-12-31$0
Total contributions received or receivable from employer(s)2021-12-31$14,902
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$2,060
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$19,253
2020 : ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$482,923
Expenses. Total of all expenses incurred2020-12-31$82,894
Benefits paid (including direct rollovers)2020-12-31$67,458
Total plan assets at end of year2020-12-31$2,249,021
Total plan assets at beginning of year2020-12-31$1,848,992
Value of fidelity bond covering the plan2020-12-31$200,000
Assets. Value of tangible personal property2020-12-31$0
Total contributions received or receivable from participants2020-12-31$100,462
Assets. Value of loans (other than to participants)2020-12-31$0
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$246,121
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$400,029
Net plan assets at end of year (total assets less liabilities)2020-12-31$2,249,021
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$1,848,992
Assets. Value of participant loans2020-12-31$43,341
Assets. Value of assets in partnership/joint-venture interests2020-12-31$0
Assets. Value of real-estate (other than employer real property)2020-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022020-12-31$0
Assets. Value of employer securities2020-12-31$0
Assets. Value of employer real property2020-12-31$0
Total contributions received or receivable from employer(s)2020-12-31$136,340
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$15,436
2019 : ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$476,346
Expenses. Total of all expenses incurred2019-12-31$31,460
Benefits paid (including direct rollovers)2019-12-31$18,412
Total plan assets at end of year2019-12-31$1,848,992
Total plan assets at beginning of year2019-12-31$1,404,106
Value of fidelity bond covering the plan2019-12-31$200,000
Total contributions received or receivable from participants2019-12-31$100,475
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$276,402
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$444,886
Net plan assets at end of year (total assets less liabilities)2019-12-31$1,848,992
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,404,106
Assets. Value of participant loans2019-12-31$45,783
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022019-12-31$0
Total contributions received or receivable from employer(s)2019-12-31$99,469
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$13,048
2018 : ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$57
Total income from all sources2018-12-31$17,411
Expenses. Total of all expenses incurred2018-12-31$82,739
Benefits paid (including direct rollovers)2018-12-31$67,490
Total plan assets at end of year2018-12-31$1,404,106
Total plan assets at beginning of year2018-12-31$1,469,491
Value of fidelity bond covering the plan2018-12-31$200,000
Total contributions received or receivable from participants2018-12-31$92,429
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-76,269
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-65,328
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,404,106
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,469,434
Assets. Value of participant loans2018-12-31$47,907
Total contributions received or receivable from employer(s)2018-12-31$1,251
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$15,249

Form 5500 Responses for ACOSTA SHEET METAL RETIREMENT PLAN & TRUST

2023: ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01This submission is the final filingNo
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01This submission is the final filingNo
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: ACOSTA SHEET METAL RETIREMENT PLAN & TRUST 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes

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