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GLASS FAB, INC. 401(K) PLAN 401k Plan overview

Plan NameGLASS FAB, INC. 401(K) PLAN
Plan identification number 002

GLASS FAB, 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.

401k Sponsoring company profile

GLASS FAB, INC. has sponsored the creation of one or more 401k plans.

Company Name:GLASS FAB, INC.
Employer identification number (EIN):161026126
NAIC Classification:327210

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GLASS FAB, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01DANIEL SALTZMAN2024-08-15
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01
0022013-01-01
0022012-01-01DANIEL SALTZMAN2013-01-21
0022011-01-01DANIEL SALTZMAN2012-01-23
0022010-01-01DANIEL SALTZMAN2011-03-09

Financial Data on GLASS FAB, INC. 401(K) PLAN

Measure Date Value
2025 : GLASS FAB, INC. 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-11-037484677
Net assets as of the end of the plan year2025-11-030
Total assets as of the beginning of the plan year2025-11-036834302
Value of plan covered by a fidelity bond2025-11-03500000
Participant contributions to plan in this plan year2025-11-0342874
Value of participant loans at end of plan year2025-11-030
Other income to plan in this plan year2025-11-03592590
Plan net income in this plan year2025-11-03-6834302
Net assets as of the end of the plan year2025-11-030
Net assets as of the beginning of the plan year2025-11-036834302
Employer contributions to plan in this plan year2025-11-0314911
Expensese paid to adminstrative service provicers from plan in this plan year2025-11-034516
Total expenses incurred by plan in this plan year2025-04-293003831
Net assets as of the end of the plan year2025-04-296834302
Total assets as of the beginning of the plan year2025-04-298354563
Value of plan covered by a fidelity bond2025-04-29500000
Participant contributions to plan in this plan year2025-04-29183681
Value of participant loans at end of plan year2025-04-2930356
Other income to plan in this plan year2025-04-291238685
Plan net income in this plan year2025-04-29-1520261
Net assets as of the end of the plan year2025-04-296834302
Net assets as of the beginning of the plan year2025-04-298354563
Employer contributions to plan in this plan year2025-04-2961204
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-29600
2024 : GLASS FAB, INC. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-08-15185669
Net assets as of the end of the plan year2024-08-158354563
Total assets as of the beginning of the plan year2024-08-157015786
Value of plan covered by a fidelity bond2024-08-15500000
Participant contributions to plan in this plan year2024-08-15187039
Value of participant loans at end of plan year2024-08-15131249
Other income to plan in this plan year2024-08-151281848
Plan net income in this plan year2024-08-151338777
Net assets as of the end of the plan year2024-08-158354563
Net assets as of the beginning of the plan year2024-08-157015786
Employer contributions to plan in this plan year2024-08-1555559
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-15463
2022 : GLASS FAB, INC. 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-04-22125204
Net assets as of the end of the plan year2022-04-229750077
Total assets as of the beginning of the plan year2022-04-228237948
Value of plan covered by a fidelity bond2022-04-22500000
Participant contributions to plan in this plan year2022-04-22196594
Value of participant loans at end of plan year2022-04-2235268
Other income to plan in this plan year2022-04-221380511
Plan net income in this plan year2022-04-221512129
Net assets as of the end of the plan year2022-04-229750077
Net assets as of the beginning of the plan year2022-04-228237948
Employer contributions to plan in this plan year2022-04-2260228
Expensese paid to adminstrative service provicers from plan in this plan year2022-04-22212

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