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HIGH TECH ELASTOMERS, INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameHIGH TECH ELASTOMERS, INC. PROFIT SHARING PLAN
Plan identification number 001

HIGH TECH ELASTOMERS, INC. PROFIT SHARING 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.
  • 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

HIGH TECH ELASTOMERS, INC. has sponsored the creation of one or more 401k plans.

Company Name:HIGH TECH ELASTOMERS, INC.
Employer identification number (EIN):311463695
NAIC Classification:325200

Additional information about HIGH TECH ELASTOMERS, INC.

Jurisdiction of Incorporation: Ohio Secretary of State Business Services Division
Incorporation Date: 1996-04-23
Company Identification Number: 939873
Legal Registered Office Address: 6686 STILLMEADE
-
DAYTON
United States of America (USA)
45414

More information about HIGH TECH ELASTOMERS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HIGH TECH ELASTOMERS, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JIM BACK2024-09-24
0012022-01-01JIM BACK2023-08-31
0012021-01-01JIM BACK2022-09-14
0012020-01-01JIM BACK2021-06-16
0012019-01-01JIM BACK2020-03-25
0012018-01-01JIM BACK2019-07-15
0012017-01-01JIM BACK2018-07-10
0012016-01-01
0012015-01-01
0012014-01-01JIM BACK2015-05-20
0012013-01-01JIM BACK2014-06-16
0012012-01-01JIM BACK2013-07-29
0012011-01-01JIM BACK2012-07-11 JIM BACK2012-07-11
0012010-01-01JIM BACK2011-06-22

Plan Statistics for HIGH TECH ELASTOMERS, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for HIGH TECH ELASTOMERS, INC. PROFIT SHARING PLAN

Measure Date Value
2025: HIGH TECH ELASTOMERS, INC. PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-10-1328
Total number of particpants at end of year2025-10-1329
Number of Participants With Account Balances2025-10-1319
2024: HIGH TECH ELASTOMERS, INC. PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-2426
Total number of particpants at end of year2024-09-2427
Number of Participants With Account Balances2024-09-2418

Financial Data on HIGH TECH ELASTOMERS, INC. PROFIT SHARING PLAN

Measure Date Value
2025 : HIGH TECH ELASTOMERS, INC. PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-10-1356375
Net assets as of the end of the plan year2025-10-132724636
Total assets as of the beginning of the plan year2025-10-132226647
Value of plan covered by a fidelity bond2025-10-13300000
Participant contributions to plan in this plan year2025-10-1399108
Other income to plan in this plan year2025-10-13425099
Plan net income in this plan year2025-10-13497989
Net assets as of the end of the plan year2025-10-132724636
Net assets as of the beginning of the plan year2025-10-132226647
Employer contributions to plan in this plan year2025-10-1330157
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-13383
2024 : HIGH TECH ELASTOMERS, INC. PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-2414634
Net assets as of the end of the plan year2024-09-242226647
Total assets as of the beginning of the plan year2024-09-241702925
Value of plan covered by a fidelity bond2024-09-24300000
Participant contributions to plan in this plan year2024-09-2496564
Other income to plan in this plan year2024-09-24411954
Plan net income in this plan year2024-09-24523722
Net assets as of the end of the plan year2024-09-242226647
Net assets as of the beginning of the plan year2024-09-241702925
Employer contributions to plan in this plan year2024-09-2429838
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-24140

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