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WEST MICHIGAN TECHNICAL SUPPLY 401K PLAN 401k Plan overview

Plan NameWEST MICHIGAN TECHNICAL SUPPLY 401K PLAN
Plan identification number 001

WEST MICHIGAN TECHNICAL SUPPLY 401K 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

WEST MICHIGAN TECHNICAL SUPPLY, INC. has sponsored the creation of one or more 401k plans.

Company Name:WEST MICHIGAN TECHNICAL SUPPLY, INC.
Employer identification number (EIN):208124955
NAIC Classification:424990
NAIC Description:Other Miscellaneous Nondurable Goods Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WEST MICHIGAN TECHNICAL SUPPLY 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JORDAN VANDER KOLK2024-09-23
0012022-01-01JORDAN VANDER KOLK2023-08-31
0012021-01-01JORDAN VANDERKOLK2022-05-13 JORDAN VANDERKOLK2022-05-13
0012020-01-01TIMOTHY IRWIN2021-12-21 TIMOTHY IRWIN2021-12-21
0012018-04-15MIKE GLOE2019-03-18 MIKE GLOE2019-03-18

Plan Statistics for WEST MICHIGAN TECHNICAL SUPPLY 401K PLAN

401k plan membership statisitcs for WEST MICHIGAN TECHNICAL SUPPLY 401K PLAN

Measure Date Value
2025: WEST MICHIGAN TECHNICAL SUPPLY 401K PLAN 2025 401k membership
Total number of particpants at beginning of year2025-01-2815
Total number of particpants at end of year2025-01-2813
Number of Participants With Account Balances2025-01-286
2024: WEST MICHIGAN TECHNICAL SUPPLY 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-2314
Total number of particpants at end of year2024-09-2315
Number of Participants With Account Balances2024-09-236
2022: WEST MICHIGAN TECHNICAL SUPPLY 401K PLAN 2022 401k membership
Total number of particpants at beginning of year2022-05-1318
Total number of particpants at end of year2022-05-1315
Number of Participants With Account Balances2022-05-1311

Financial Data on WEST MICHIGAN TECHNICAL SUPPLY 401K PLAN

Measure Date Value
2025 : WEST MICHIGAN TECHNICAL SUPPLY 401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-01-28890
Net assets as of the end of the plan year2025-01-28115585
Total assets as of the beginning of the plan year2025-01-2889185
Value of plan covered by a fidelity bond2025-01-2825000
Participant contributions to plan in this plan year2025-01-2810285
Other income to plan in this plan year2025-01-2811862
Plan net income in this plan year2025-01-2826400
Net assets as of the end of the plan year2025-01-28115585
Net assets as of the beginning of the plan year2025-01-2889185
Employer contributions to plan in this plan year2025-01-285143
Expensese paid to adminstrative service provicers from plan in this plan year2025-01-28890
2024 : WEST MICHIGAN TECHNICAL SUPPLY 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-23858
Net assets as of the end of the plan year2024-09-2389185
Total assets as of the beginning of the plan year2024-09-2363423
Value of plan covered by a fidelity bond2024-09-2325000
Participant contributions to plan in this plan year2024-09-239523
Other income to plan in this plan year2024-09-2312336
Plan net income in this plan year2024-09-2325762
Net assets as of the end of the plan year2024-09-2389185
Net assets as of the beginning of the plan year2024-09-2363423
Employer contributions to plan in this plan year2024-09-234761
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-23858
2022 : WEST MICHIGAN TECHNICAL SUPPLY 401K PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-05-130
Total liabilities as of the end of the plan year2022-05-130
Total liabilities as of the beginning of the plan year2022-05-130
Total expenses incurred by plan in this plan year2022-05-1321901
Net assets as of the end of the plan year2022-05-13144650
Total assets as of the beginning of the plan year2022-05-13128263
Participant contributions to plan in this plan year2022-05-1315016
Other expenses paid from plan in this plan year2022-05-130
Other contributions to plan in this plan year2022-05-130
Other income to plan in this plan year2022-05-1315838
Plan net income in this plan year2022-05-1316387
Net assets as of the end of the plan year2022-05-13144650
Net assets as of the beginning of the plan year2022-05-13128263
Employer contributions to plan in this plan year2022-05-137434
Fees paid to broker by Benefit Provider2022-05-13192
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-131696

Potentially related plans

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