NORTH COAST TECHNICAL SALES, INC. CASH BALANCE PLAN 401k Plan overview

NORTH COAST TECHNICAL SALES, INC. CASH BALANCE PLAN Benefits

401k Sponsoring company profile

Company Name:	NORTH COAST TECHNICAL SALES, INC.
Employer identification number (EIN):	200422564
NAIC Classification:	541990
NAIC Description:	All Other Professional, Scientific, and Technical Services

Additional information about NORTH COAST TECHNICAL SALES, INC.

Jurisdiction of Incorporation:	Ohio Secretary of State Business Services Division
Incorporation Date:	2003-11-07
Company Identification Number:	1422079
Legal Registered Office Address:	200 PUBLIC SQUARE SUITE 2300 CLEVELAND United States of America (USA) 44114

More information about NORTH COAST TECHNICAL SALES, INC.

Form 5500 Filing Information

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-01-01	DAVID SEXTON	2023-07-26
002	2021-01-01	DAVID SEXTON	2022-10-04
002	2020-01-01
002	2019-01-01	DAVE SEXTON	2020-09-28
002	2018-01-01	DAVE SEXTON	2019-09-30
002	2017-01-01	DAVE SEXTON	2018-06-23

Plan Statistics for NORTH COAST TECHNICAL SALES, INC. CASH BALANCE PLAN

Measure	Date	Value
2022: NORTH COAST TECHNICAL SALES, INC. CASH BALANCE PLAN 2022 401k membership
Market value of plan assets	2022-12-31	848,391
Acturial value of plan assets	2022-12-31	848,391
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	0
Number of terminated vested participants	2022-12-31	2
Fundng target for terminated vested participants	2022-12-31	5,104
Active participant vested funding target	2022-12-31	754,647
Number of active participants	2022-12-31	8
Total funding liabilities for active participants	2022-12-31	754,647
Total participant count	2022-12-31	10
Total funding target for all participants	2022-12-31	759,751
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	0
Present value of excess contributions	2022-12-31	219,828
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	219,828
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	0
Total employer contributions	2022-12-31	390,020
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	382,730
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	175,555
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	86,915
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	86,915
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	382,730
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: NORTH COAST TECHNICAL SALES, INC. CASH BALANCE PLAN 2021 401k membership
Market value of plan assets	2021-12-31	694,497
Acturial value of plan assets	2021-12-31	694,497
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	0
Number of terminated vested participants	2021-12-31	3
Fundng target for terminated vested participants	2021-12-31	6,473
Active participant vested funding target	2021-12-31	561,265
Number of active participants	2021-12-31	6
Total funding liabilities for active participants	2021-12-31	561,265
Total participant count	2021-12-31	9
Total funding target for all participants	2021-12-31	567,738
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	0
Present value of excess contributions	2021-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	0
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	0
Total employer contributions	2021-12-31	275,000
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	269,763
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	176,694
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	49,935
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	49,935
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	269,763
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: NORTH COAST TECHNICAL SALES, INC. CASH BALANCE PLAN 2020 401k membership
Market value of plan assets	2020-12-31	628,708
Acturial value of plan assets	2020-12-31	628,708
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	1
Fundng target for terminated vested participants	2020-12-31	6,146
Active participant vested funding target	2020-12-31	584,164
Number of active participants	2020-12-31	8
Total funding liabilities for active participants	2020-12-31	584,164
Total participant count	2020-12-31	9
Total funding target for all participants	2020-12-31	590,310
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	0
Present value of excess contributions	2020-12-31	2,833
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	2,833
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	0
Total employer contributions	2020-12-31	0
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	0
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	0
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	0
Additional cash requirement	2020-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: NORTH COAST TECHNICAL SALES, INC. CASH BALANCE PLAN 2019 401k membership
Market value of plan assets	2019-12-31	394,745
Acturial value of plan assets	2019-12-31	394,745
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	0
Number of terminated vested participants	2019-12-31	0
Fundng target for terminated vested participants	2019-12-31	0
Active participant vested funding target	2019-12-31	385,098
Number of active participants	2019-12-31	8
Total funding liabilities for active participants	2019-12-31	385,098
Total participant count	2019-12-31	8
Total funding target for all participants	2019-12-31	385,098
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	0
Present value of excess contributions	2019-12-31	4,406
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	4,406
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	0
Total employer contributions	2019-12-31	187,500
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	175,381
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	182,195
Net shortfall amortization installment of oustanding balance	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	172,548
Additional cash requirement	2019-12-31	172,548
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	175,381
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: NORTH COAST TECHNICAL SALES, INC. CASH BALANCE PLAN 2018 401k membership
Market value of plan assets	2018-12-31	176,026
Acturial value of plan assets	2018-12-31	176,026
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	0
Fundng target for terminated vested participants	2018-12-31	0
Active participant vested funding target	2018-12-31	0
Number of active participants	2018-12-31	7
Total funding liabilities for active participants	2018-12-31	195,137
Total participant count	2018-12-31	7
Total funding target for all participants	2018-12-31	195,137
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	0
Present value of excess contributions	2018-12-31	16,989
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	16,989
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	0
Total employer contributions	2018-12-31	185,000
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	181,837
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	174,311
Net shortfall amortization installment of oustanding balance	2018-12-31	19,111
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	177,431
Additional cash requirement	2018-12-31	177,431
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	181,837
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: NORTH COAST TECHNICAL SALES, INC. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets	2017-12-31	0
Acturial value of plan assets	2017-12-31	0
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	0
Fundng target for terminated vested participants	2017-12-31	0
Active participant vested funding target	2017-12-31	0
Number of active participants	2017-12-31	6
Total funding liabilities for active participants	2017-12-31	0
Total participant count	2017-12-31	6
Total funding target for all participants	2017-12-31	0
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	0
Total employer contributions	2017-12-31	182,500
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	179,185
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	162,196
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	162,196
Additional cash requirement	2017-12-31	162,196
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	179,185
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0

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• NORTH COAST OPPORTUNITIES BENEFIT PLAN [EIN = 941671958]
• NORTH COAST FINANCIAL [EIN = 770189098]
• NORTH COAST FISHERIES, INC. 401K PROFIT SHARING PLAN [EIN = 680315440]
• NORTH COAST FISHERIES LLC & P4 GROUP LLC 401(K) PLAN [EIN = 454744453]
• NORTH COAST GASTROENTEROLOGY, INC OSMA BENEFIT PLAN [EIN = 311524042]
• NORTH COAST EYE SURGERY LLC SOCA BENEFIT PLAN [EIN = 471970404]
• NORTH COAST ONCOLOGY AND HEMATOLOGY 401(K) PROFIT SHARING PLAN [EIN = 263377722]
• NORTH COAST HVAC, A CA CORP. 401(K) PROFIT SHARING PLAN [EIN = 202173071]
• NORTH COAST MEDI-TEK INC [EIN = 341421997]
• NORTH COAST BUILDERS EXCHANGE, INC. MONEY PURCHASE PENSION PLAN [EIN = 941262984]
• NORTH COAST CLINICAL TRIALS 401(K) PROFIT SHARING PLAN [EIN = 341815510]
• NORTH COAST UROLOGY MONEY PURCHASE PENSION PLAN [EIN = 330674801]
• NORTH COAST MEDICAL, INC. SAVINGS AND RETIREMENT PLAN [EIN = 942910749]
• NORTH COAST PACKAGING INC PROFIT SHARING PLAN AND TRUST [EIN = 341274373]
• NORTH COAST, INC. PROFIT SHARING PLAN [EIN = 262730509]
• NORTH COAST MEDI-TEK INC MONEY PURCHASE [EIN = 341421997]
• NORTH COAST POTTERY, LC RETIREMENT TRUST [EIN = 264041543]
• NORTH COAST CONTAINER CORP. SALARIED 401(K) PLAN & TRUST [EIN = 832541051]
• NORTH COAST IRON CORP 401(K) RETIREMENT PLAN [EIN = 461186120]
• NORTH COAST MANAGEMENT SERVICES, INC., 401-K RETIREMENT PLAN [EIN = 263732610]
• NORTH COAST ADMINISTRATORS INC 401(K) PROFIT SHARING PLAN & TRUST [EIN = 341590863]
• NORTH COAST CABINET, INC.. OFB BENEFIT PLAN [EIN = 275371923]
• NORTH COAST MANAGEMENT SERVICES, INC. CASH BALANCE PLAN [EIN = 263732610]
• NORTH COAST TAPE AND LABEL, INC. SOCA BENEFIT PLAN [EIN = 341341637]
• NORTH COAST FIRE PROTECTION INC SOCA BENEFIT PLAN [EIN = 341538702]
• NORTH COAST DESIGN BUILD SOCA BENEFIT PLAN [EIN = 475575987]
• NORTH COAST WINE 401(K) PLAN [EIN = 842987424]
• NORTH COAST COMPRESSORS INC. RETIREMENT PLAN [EIN = 834219484]
• NORTH COAST CONTAINER CORP. UNION 401(K) PLAN & TRUST [EIN = 842541051]
• NORTH COAST ERECTORS 401(K) RETIREMENT PLAN [EIN = 815177123]
• NORTH COAST WIRELESS CHAMBER BENEFIT ARRANGEMENT PLAN [EIN = 201469831]
• NORTH COAST LIFT TRUCK OFB BENEFIT PLAN [EIN = 341792427]
• NORTH COAST JEWELRY LLC 401(K) PROFIT SHARING PLAN & TRUST [EIN = 833585823]
• NORTH COAST HOME CARE INC 401(K) PROFIT SHARING PLAN & TRUST [EIN = 930937832]
• NORTH COAST CURB LLC 401(K) PROFIT SHARING PLAN & TRUST [EIN = 850856647]
• NORTH COAST WATERPROOFING, INC. RETIREMENT PLAN [EIN = 261811605]
• NORTH COAST WATERPROOFING, INC. PROFIT SHARING PLAN [EIN = 261811605]
• NORTH COAST ORTHODONTICS CASH BALANCE PLAN [EIN = 261464574]
• NORTH COAST SURGICAL SPECIALISTS A MEDICAL CORPORATION CASH BALANCE PENSION PLAN [EIN = 941700049]
• NORTH COAST MANAGEMENT, LLC CASH BALANCE PLAN [EIN = 472157583]
• NORTH COAST CONCRETE, INC. SOCA BENEFIT PLAN [EIN = 341459825]
• NORTH COAST MEDICAL SUPPLY, INC. HEALTH & WELFARE BENEFIT PLAN [EIN = 223865781]
• NORTH COAST DIRECT TRANS SOCA BENEFIT PLAN [EIN = 202732428]
• NORTH COAST TILE & STONE INC. 401(K) PLAN & TRUST [EIN = 680435172]
• NORTH COAST MEDIA, LLC CASH BALANCE PENSION PLAN AND TRUST [EIN = 454078992]
• NORTH COAST UROLOGY MEDICAL ASSOCIATE INC. CASH BALANCE PLAN [EIN = 330675801]
• NORTH COAST PILATES, INC. 401(K) PLAN [EIN = 853093923]
• NORTH COAST CONTAINER, LLC UNION 401(K) PLAN & TRUST [EIN = 832541051]
• NORTH COAST HOSPITALITY 401K [EIN = 464902638]
• NORTH COAST SUBSTANCE ABUSE COUNCIL 401(K) PLAN [EIN = 942281020]
• NORTH COASTAL MAINTENANCE GROUP 401(K) PLAN [EIN = 833863853]
• NORTH COAST GYMNASTICS ACADEMY INC 401(K) [EIN = 262431877]
• NORTH COAST REMEDIATION, INC. RETIREMENT TRUST [EIN = 462206854]
• NORTH COAST INSURANCE GROUP SOCA BENEFIT PLAN [EIN = 852484028]
• NORTH COAST INVESTMENT CORP 401K PLAN [EIN = 943091120]
• NORTH COAST AIR, INC. 401K PLAN [EIN = 542194585]
• NORTH COAST ATHLETIC CONFERENCE SOCA BENEFIT PLAN [EIN = 341427138]

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