?>
Logo

J & M DIAMOND TOOL, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameJ & M DIAMOND TOOL, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

J & M DIAMOND TOOL, INC. 401(K) PROFIT SHARING 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

J & M DIAMOND TOOL, INC has sponsored the creation of one or more 401k plans.

Company Name:J & M DIAMOND TOOL, INC
Employer identification number (EIN):050347719
NAIC Classification:332700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan J & M DIAMOND TOOL, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DENISE L. DRURY2024-05-31 DENISE L. DRURY2024-05-31
0012022-01-01DENISE L. DRURY2023-06-05 DENISE L. DRURY2023-06-05
0012021-01-01DENISE L DRURY2022-05-20
0012020-01-01DENISE L. DRURY2021-05-05 DENISE L. DRURY2021-05-05
0012019-01-01DENISE DRURY2020-06-02 DENISE DRURY2020-06-02
0012018-01-01DENISE L. DRURY2019-05-24 DENISE L. DRURY2019-05-24
0012017-01-01DENISE L. DRURY2018-05-21 DENISE L. DRURY2018-05-21
0012016-01-01DENISE DRURY2017-05-10 DENISE DRURY2017-05-10
0012015-01-01DENISE DRURY2016-07-14
0012014-01-01DENISE DRURY2015-06-26
0012013-01-01DENISE DRURY2014-07-08
0012012-01-01DENISE DRURY2013-06-19
0012011-01-01DENISE DRURY2012-04-20
0012010-01-01DENISE DRURY2011-04-06
0012009-01-01DENISE DRURY

Plan Statistics for J & M DIAMOND TOOL, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for J & M DIAMOND TOOL, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2025: J & M DIAMOND TOOL, INC. 401(K) PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-04-3026
Total number of particpants at end of year2025-04-3024
Number of Participants With Account Balances2025-04-3024
2024: J & M DIAMOND TOOL, INC. 401(K) PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-3126
Total number of particpants at end of year2024-05-3126
Number of Participants With Account Balances2024-05-3126
2022: J & M DIAMOND TOOL, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-05-2027
Total number of particpants at end of year2022-05-2025
Number of Participants With Account Balances2022-05-2025
2009: J & M DIAMOND TOOL, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0134
Total number of active participants reported on line 7a of the Form 55002009-01-0132
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-0132
Total participants2009-01-0132
Number of participants with account balances2009-01-0132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-011

Financial Data on J & M DIAMOND TOOL, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : J & M DIAMOND TOOL, INC. 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-04-300
Total expenses incurred by plan in this plan year2025-04-30809263
Net assets as of the end of the plan year2025-04-308047647
Total assets as of the beginning of the plan year2025-04-307389120
Value of plan covered by a fidelity bond2025-04-30600000
Participant contributions to plan in this plan year2025-04-30116981
Value of participant loans at end of plan year2025-04-3074595
Other income to plan in this plan year2025-04-301315643
Plan net income in this plan year2025-04-30658527
Net assets as of the end of the plan year2025-04-308047647
Net assets as of the beginning of the plan year2025-04-307389120
Employer contributions to plan in this plan year2025-04-3035166
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-3054779
2024 : J & M DIAMOND TOOL, INC. 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-05-310
Total expenses incurred by plan in this plan year2024-05-31275727
Net assets as of the end of the plan year2024-05-317389120
Total assets as of the beginning of the plan year2024-05-316273582
Value of plan covered by a fidelity bond2024-05-31600000
Participant contributions to plan in this plan year2024-05-31113968
Value of participant loans at end of plan year2024-05-31122120
Other income to plan in this plan year2024-05-311233297
Plan net income in this plan year2024-05-311115538
Net assets as of the end of the plan year2024-05-317389120
Net assets as of the beginning of the plan year2024-05-316273582
Employer contributions to plan in this plan year2024-05-3144000
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-3145581
2022 : J & M DIAMOND TOOL, INC. 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-05-200
Total expenses incurred by plan in this plan year2022-05-20206585
Net assets as of the end of the plan year2022-05-208035615
Total assets as of the beginning of the plan year2022-05-207036290
Value of plan covered by a fidelity bond2022-05-20600000
Participant contributions to plan in this plan year2022-05-20102137
Value of participant loans at end of plan year2022-05-20131703
Other income to plan in this plan year2022-05-201065772
Plan net income in this plan year2022-05-20999325
Net assets as of the end of the plan year2022-05-208035615
Net assets as of the beginning of the plan year2022-05-207036290
Employer contributions to plan in this plan year2022-05-2038001
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-2049233

Form 5500 Responses for J & M DIAMOND TOOL, INC. 401(K) PROFIT SHARING PLAN

2009: J & M DIAMOND TOOL, INC. 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Potentially related plans

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
401k Lookup     VAT Lookup S3