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THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 401k Plan overview

Plan NameTHE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN
Plan identification number 001

THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) 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

INSTITUTE OF SCRAP RECYCLING IND., INC has sponsored the creation of one or more 401k plans.

Company Name:INSTITUTE OF SCRAP RECYCLING IND., INC
Employer identification number (EIN):311205596
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01OLGA ZAMORA2021-10-08
0012019-01-01OLGA ZAMORA2020-10-09
0012018-01-01OLGA ZAMORA2019-10-09
0012017-01-01OLGA ZAMORA2018-08-14
0012016-01-01OLGA ZAMORA
0012015-01-01OLGA ZAMORA
0012014-01-01SHERRY PURSCH
0012013-01-01SHERRY PURSCH
0012012-01-01SHERRY PURSCH
0012011-01-01SHERRY PURSCH
0012010-01-01SHERRY PURSCH
0012009-01-01SHERRY PURSCH

Plan Statistics for THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN

401k plan membership statisitcs for THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN

Measure Date Value
2016: THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0140
Total number of active participants reported on line 7a of the Form 55002016-01-0143
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0110
Total of all active and inactive participants2016-01-0153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0153
Number of participants with account balances2016-01-0152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-011
2015: THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0151
Total number of active participants reported on line 7a of the Form 55002015-01-0135
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-015
Total of all active and inactive participants2015-01-0140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0140
Number of participants with account balances2015-01-0139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0141
Total number of active participants reported on line 7a of the Form 55002014-01-0144
Number of other retired or separated participants entitled to future benefits2014-01-017
Total of all active and inactive participants2014-01-0151
Total participants2014-01-0151
Number of participants with account balances2014-01-0146
2013: THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0142
Total number of active participants reported on line 7a of the Form 55002013-01-0132
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-019
Total of all active and inactive participants2013-01-0141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0141
Number of participants with account balances2013-01-0141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0142
Total number of active participants reported on line 7a of the Form 55002012-01-0135
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-017
Total of all active and inactive participants2012-01-0142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0142
Number of participants with account balances2012-01-0142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0142
Total number of active participants reported on line 7a of the Form 55002011-01-0134
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-018
Total of all active and inactive participants2011-01-0142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0142
Number of participants with account balances2011-01-0140
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-012
2010: THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0139
Total number of active participants reported on line 7a of the Form 55002010-01-0137
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-015
Total of all active and inactive participants2010-01-0142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0142
Number of participants with account balances2010-01-0141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0135
Total number of active participants reported on line 7a of the Form 55002009-01-0134
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-015
Total of all active and inactive participants2009-01-0139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0139
Number of participants with account balances2009-01-0139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN

Measure Date Value
2016 : THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$1,292,938
Expenses. Total of all expenses incurred2016-12-31$528,422
Benefits paid (including direct rollovers)2016-12-31$527,872
Total plan assets at end of year2016-12-31$8,776,437
Total plan assets at beginning of year2016-12-31$8,011,921
Value of fidelity bond covering the plan2016-12-31$1,650,000
Total contributions received or receivable from participants2016-12-31$329,001
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$528,041
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$764,516
Net plan assets at end of year (total assets less liabilities)2016-12-31$8,776,437
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$8,011,921
Assets. Value of participant loans2016-12-31$148,074
Total contributions received or receivable from employer(s)2016-12-31$435,896
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$550
2015 : THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$677,105
Expenses. Total of all expenses incurred2015-12-31$422,413
Benefits paid (including direct rollovers)2015-12-31$422,363
Total plan assets at end of year2015-12-31$8,011,921
Total plan assets at beginning of year2015-12-31$7,757,229
Value of fidelity bond covering the plan2015-12-31$1,650,000
Total contributions received or receivable from participants2015-12-31$323,262
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-69,929
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$254,692
Net plan assets at end of year (total assets less liabilities)2015-12-31$8,011,921
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$7,757,229
Assets. Value of participant loans2015-12-31$129,117
Total contributions received or receivable from employer(s)2015-12-31$423,772
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$50
2014 : THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$1,467,171
Expenses. Total of all expenses incurred2014-12-31$852,599
Benefits paid (including direct rollovers)2014-12-31$852,549
Total plan assets at end of year2014-12-31$7,757,229
Total plan assets at beginning of year2014-12-31$7,142,657
Value of fidelity bond covering the plan2014-12-31$1,650,000
Total contributions received or receivable from participants2014-12-31$296,016
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$400,899
Other income received2014-12-31$389,144
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$614,572
Net plan assets at end of year (total assets less liabilities)2014-12-31$7,757,229
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$7,142,657
Assets. Value of participant loans2014-12-31$120,442
Total contributions received or receivable from employer(s)2014-12-31$381,112
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$50
2013 : THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$1,527,228
Expenses. Total of all expenses incurred2013-12-31$55,203
Benefits paid (including direct rollovers)2013-12-31$54,669
Total plan assets at end of year2013-12-31$7,142,657
Total plan assets at beginning of year2013-12-31$5,670,632
Value of fidelity bond covering the plan2013-12-31$1,650,000
Total contributions received or receivable from participants2013-12-31$259,877
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$902,043
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$1,472,025
Net plan assets at end of year (total assets less liabilities)2013-12-31$7,142,657
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$5,670,632
Assets. Value of participant loans2013-12-31$153,313
Total contributions received or receivable from employer(s)2013-12-31$365,308
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$534
2012 : THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$1,193,008
Expenses. Total of all expenses incurred2012-12-31$175,003
Benefits paid (including direct rollovers)2012-12-31$171,895
Total plan assets at end of year2012-12-31$5,670,632
Total plan assets at beginning of year2012-12-31$4,652,627
Value of fidelity bond covering the plan2012-12-31$1,650,000
Total contributions received or receivable from participants2012-12-31$249,732
Contributions received from other sources (not participants or employers)2012-12-31$31,668
Other income received2012-12-31$569,646
Net income (gross income less expenses)2012-12-31$1,018,005
Net plan assets at end of year (total assets less liabilities)2012-12-31$5,670,632
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$4,652,627
Assets. Value of participant loans2012-12-31$78,918
Total contributions received or receivable from employer(s)2012-12-31$341,962
Value of certain deemed distributions of participant loans2012-12-31$2,958
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$150
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$451,083
Expenses. Total of all expenses incurred2011-12-31$251,954
Benefits paid (including direct rollovers)2011-12-31$251,783
Total plan assets at end of year2011-12-31$4,652,627
Total plan assets at beginning of year2011-12-31$4,453,498
Value of fidelity bond covering the plan2011-12-31$1,650,000
Total contributions received or receivable from participants2011-12-31$215,257
Other income received2011-12-31$-115,509
Net income (gross income less expenses)2011-12-31$199,129
Net plan assets at end of year (total assets less liabilities)2011-12-31$4,652,627
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$4,453,498
Assets. Value of participant loans2011-12-31$48,251
Total contributions received or receivable from employer(s)2011-12-31$351,335
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$171
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$1,131,859
Expenses. Total of all expenses incurred2010-12-31$579,265
Benefits paid (including direct rollovers)2010-12-31$579,102
Total plan assets at end of year2010-12-31$4,453,498
Total plan assets at beginning of year2010-12-31$3,900,904
Value of fidelity bond covering the plan2010-12-31$1,650,000
Total contributions received or receivable from participants2010-12-31$228,940
Other income received2010-12-31$569,254
Net income (gross income less expenses)2010-12-31$552,594
Net plan assets at end of year (total assets less liabilities)2010-12-31$4,453,498
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$3,900,904
Assets. Value of participant loans2010-12-31$65,746
Total contributions received or receivable from employer(s)2010-12-31$333,665
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$163
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN

2016: THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: THE INSTITUTE OF SCRAP RECYCLING INDUSTRIES, INC. RETIREMENT SAVINGS 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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