NEW WAY MACHINE COMPONENTS, INC. D/B/A NEW WAY AIR BEARINGS has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan NEW WAY AIR BEARINGS 401(K) PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2025 : NEW WAY AIR BEARINGS 401(K) PROFIT SHARING PLAN 2025 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2025-07-15 | 0 |
| Total liabilities as of the end of the plan year | 2025-07-15 | 0 |
| Total liabilities as of the beginning of the plan year | 2025-07-15 | 0 |
| Total expenses incurred by plan in this plan year | 2025-07-15 | 1764329 |
| Net assets as of the end of the plan year | 2025-07-15 | 4305859 |
| Total assets as of the beginning of the plan year | 2025-07-15 | 5105727 |
| Value of plan covered by a fidelity bond | 2025-07-15 | 500000 |
| Participant contributions to plan in this plan year | 2025-07-15 | 209762 |
| Value of participant loans at end of plan year | 2025-07-15 | 106197 |
| Other expenses paid from plan in this plan year | 2025-07-15 | 0 |
| Other contributions to plan in this plan year | 2025-07-15 | 32274 |
| Other income to plan in this plan year | 2025-07-15 | 657865 |
| Plan net income in this plan year | 2025-07-15 | -799868 |
| Net assets as of the end of the plan year | 2025-07-15 | 4305859 |
| Net assets as of the beginning of the plan year | 2025-07-15 | 5105727 |
| Employer contributions to plan in this plan year | 2025-07-15 | 64560 |
| Fees paid to broker by Benefit Provider | 2025-07-15 | 9723 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-07-15 | 15900 |
| 2024 : NEW WAY AIR BEARINGS 401(K) PROFIT SHARING PLAN 2024 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2024-09-09 | 0 |
| Total liabilities as of the end of the plan year | 2024-09-09 | 0 |
| Total liabilities as of the beginning of the plan year | 2024-09-09 | 0 |
| Total expenses incurred by plan in this plan year | 2024-09-09 | 308432 |
| Net assets as of the end of the plan year | 2024-09-09 | 5105727 |
| Total assets as of the beginning of the plan year | 2024-09-09 | 4414346 |
| Value of plan covered by a fidelity bond | 2024-09-09 | 500000 |
| Participant contributions to plan in this plan year | 2024-09-09 | 228037 |
| Value of participant loans at end of plan year | 2024-09-09 | 50216 |
| Other expenses paid from plan in this plan year | 2024-09-09 | 0 |
| Other contributions to plan in this plan year | 2024-09-09 | 0 |
| Other income to plan in this plan year | 2024-09-09 | 703170 |
| Plan net income in this plan year | 2024-09-09 | 691381 |
| Net assets as of the end of the plan year | 2024-09-09 | 5105727 |
| Net assets as of the beginning of the plan year | 2024-09-09 | 4414346 |
| Employer contributions to plan in this plan year | 2024-09-09 | 68606 |
| Fees paid to broker by Benefit Provider | 2024-09-09 | 14201 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-09-09 | 14983 |
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