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THE OHIO METAL PRODUCTS COMPANY 401K PLAN 401k Plan overview

Plan NameTHE OHIO METAL PRODUCTS COMPANY 401K PLAN
Plan identification number 001

THE OHIO METAL PRODUCTS COMPANY 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.
  • 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

THE OHIO METAL PRODUCTS COMPANY has sponsored the creation of one or more 401k plans.

Company Name:THE OHIO METAL PRODUCTS COMPANY
Employer identification number (EIN):310397030
NAIC Classification:331200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE OHIO METAL PRODUCTS COMPANY 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01JOHNNY MOORE2024-08-06
0012023-01-01JOHNNY MOORE2024-07-24
0012022-01-01TIMOTHY MOORE2023-06-01
0012021-01-01TIMOTHY MOORE2022-10-12
0012021-01-01TIMOTHY MOORE2022-10-12
0012020-01-01JOHN D. MOORE2021-07-23
0012019-01-01JOHN D. MOORE2020-10-13
0012018-01-01JOHN D. MOORE2019-05-30
0012017-01-01JOHN D. MOORE2018-02-02
0012016-01-01JOHN D. MOORE2017-04-05
0012013-01-01JOHN D. MOORE2014-04-21
0012012-01-01JOHN D. MOORE2013-03-20
0012011-01-01JOHN D. MOORE2012-06-01
0012010-01-01JOHN D. MOORE2011-02-04

Plan Statistics for THE OHIO METAL PRODUCTS COMPANY 401K PLAN

401k plan membership statisitcs for THE OHIO METAL PRODUCTS COMPANY 401K PLAN

Measure Date Value
2024: THE OHIO METAL PRODUCTS COMPANY 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-08-068
Total number of particpants at end of year2024-08-060
Number of Participants With Account Balances2024-08-060
Total number of particpants at beginning of year2024-07-2410
Total number of particpants at end of year2024-07-248
Number of Participants With Account Balances2024-07-243
2022: THE OHIO METAL PRODUCTS COMPANY 401K PLAN 2022 401k membership
Total number of particpants at beginning of year2022-10-1215
Total number of particpants at end of year2022-10-127
Number of Participants With Account Balances2022-10-127

Financial Data on THE OHIO METAL PRODUCTS COMPANY 401K PLAN

Measure Date Value
2024 : THE OHIO METAL PRODUCTS COMPANY 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-08-0633927
Net assets as of the end of the plan year2024-08-060
Total assets as of the beginning of the plan year2024-08-0633884
Value of plan covered by a fidelity bond2024-08-0650000
Value of participant loans at end of plan year2024-08-060
Other income to plan in this plan year2024-08-0643
Plan net income in this plan year2024-08-06-33884
Net assets as of the end of the plan year2024-08-060
Net assets as of the beginning of the plan year2024-08-0633884
Total expenses incurred by plan in this plan year2024-07-2493349
Net assets as of the end of the plan year2024-07-2433884
Total assets as of the beginning of the plan year2024-07-24119170
Value of plan covered by a fidelity bond2024-07-2450000
Value of participant loans at end of plan year2024-07-243000
Other expenses paid from plan in this plan year2024-07-241498
Other income to plan in this plan year2024-07-248063
Plan net income in this plan year2024-07-24-85286
Net assets as of the end of the plan year2024-07-2433884
Net assets as of the beginning of the plan year2024-07-24119170
2022 : THE OHIO METAL PRODUCTS COMPANY 401K PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-1231160
Net assets as of the end of the plan year2022-10-12183993
Total assets as of the beginning of the plan year2022-10-12186779
Value of plan covered by a fidelity bond2022-10-1250000
Participant contributions to plan in this plan year2022-10-123800
Value of participant loans at end of plan year2022-10-1217682
Other expenses paid from plan in this plan year2022-10-12100
Other income to plan in this plan year2022-10-1224574
Plan net income in this plan year2022-10-12-2786
Net assets as of the end of the plan year2022-10-12183993
Net assets as of the beginning of the plan year2022-10-12186779
Fees paid to broker by Benefit Provider2022-10-12416

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