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M & J STEEL, LLC PROFIT SHARING & 401(K) PLAN 401k Plan overview

Plan NameM & J STEEL, LLC PROFIT SHARING & 401(K) PLAN
Plan identification number 001

M & J STEEL, LLC PROFIT SHARING & 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • Plan covering Self-Employed individuals.
  • 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

M & J STEEL, LLC has sponsored the creation of one or more 401k plans.

Company Name:M & J STEEL, LLC
Employer identification number (EIN):270969754
NAIC Classification:332300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan M & J STEEL, LLC PROFIT SHARING & 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012017-01-01
0012016-01-01
0012014-01-01JENNIFER RICH2015-07-10
0012013-01-01JENNIFER RICH2014-06-24
0012012-01-01JENNIFER RICH2013-06-21
0012011-01-01JENNIFER RICH2012-07-10
0012010-01-01JENNIFER RICH2011-07-20

Plan Statistics for M & J STEEL, LLC PROFIT SHARING & 401(K) PLAN

401k plan membership statisitcs for M & J STEEL, LLC PROFIT SHARING & 401(K) PLAN

Measure Date Value
2025: M & J STEEL, LLC PROFIT SHARING & 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-02-1737
Total number of particpants at end of year2025-02-1742
Number of Participants With Account Balances2025-02-1729
2024: M & J STEEL, LLC PROFIT SHARING & 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-02-1943
Total number of particpants at end of year2024-02-1938
Number of Participants With Account Balances2024-02-1932
2022: M & J STEEL, LLC PROFIT SHARING & 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-02-0444
Total number of particpants at end of year2022-02-0443
Number of Participants With Account Balances2022-02-0433

Financial Data on M & J STEEL, LLC PROFIT SHARING & 401(K) PLAN

Measure Date Value
2025 : M & J STEEL, LLC PROFIT SHARING & 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-02-17341914
Net assets as of the end of the plan year2025-02-17947425
Total assets as of the beginning of the plan year2025-02-171126287
Value of plan covered by a fidelity bond2025-02-17300000
Participant contributions to plan in this plan year2025-02-1738654
Value of participant loans at end of plan year2025-02-17100145
Other income to plan in this plan year2025-02-17124398
Plan net income in this plan year2025-02-17-178862
Net assets as of the end of the plan year2025-02-17947425
Net assets as of the beginning of the plan year2025-02-171126287
Expensese paid to adminstrative service provicers from plan in this plan year2025-02-17700
2024 : M & J STEEL, LLC PROFIT SHARING & 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-02-19462754
Net assets as of the end of the plan year2024-02-191126287
Total assets as of the beginning of the plan year2024-02-191385577
Value of plan covered by a fidelity bond2024-02-19300000
Participant contributions to plan in this plan year2024-02-1938529
Value of participant loans at end of plan year2024-02-1958451
Other income to plan in this plan year2024-02-19164935
Plan net income in this plan year2024-02-19-259290
Net assets as of the end of the plan year2024-02-191126287
Net assets as of the beginning of the plan year2024-02-191385577
Expensese paid to adminstrative service provicers from plan in this plan year2024-02-191038
2022 : M & J STEEL, LLC PROFIT SHARING & 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-02-0492395
Net assets as of the end of the plan year2022-02-041699333
Total assets as of the beginning of the plan year2022-02-041580049
Value of plan covered by a fidelity bond2022-02-04300000
Participant contributions to plan in this plan year2022-02-0445134
Value of participant loans at end of plan year2022-02-0474950
Other contributions to plan in this plan year2022-02-046854
Other income to plan in this plan year2022-02-04159691
Plan net income in this plan year2022-02-04119284
Net assets as of the end of the plan year2022-02-041699333
Net assets as of the beginning of the plan year2022-02-041580049
Expensese paid to adminstrative service provicers from plan in this plan year2022-02-041210

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