?>
Logo

RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC. 401k Plan overview

Plan NameRETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC.
Plan identification number 001

RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC. Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • 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

INDUSTRIAL METAL FAB, INC. has sponsored the creation of one or more 401k plans.

Company Name:INDUSTRIAL METAL FAB, INC.
Employer identification number (EIN):351102373
NAIC Classification:332900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01KYLE BEAUDWAY2023-09-28
0012021-01-01KYLE BEAUDWAY2022-07-06
0012020-01-01KYLE BEAUDWAY2021-07-25
0012019-01-01KYLE BEAUDWAY2020-07-07
0012018-01-01MARK BEAUDWAY2019-07-12
0012017-01-01MARK BEAUDWAY2018-06-25
0012016-01-01MARK BEAUDWAY2017-05-30
0012015-01-01MARK BEAUDWAY2016-05-20
0012014-01-01MARK BEAUDWAY2015-06-15
0012013-10-01MARK BEAUDWAY2014-05-01
0012012-10-01MARK BEAUDWAY2014-05-01
0012011-10-01MARK E. BEAUDWAY2013-02-11
0012010-10-01MARK E. BEAUDWAY2012-07-12
0012008-10-01

Plan Statistics for RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC.

401k plan membership statisitcs for RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC.

Measure Date Value
2022: RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC. 2022 401k membership
Market value of plan assets2022-12-311,393,121
Acturial value of plan assets2022-12-311,393,121
Funding target for retired participants and beneficiaries receiving payment2022-12-3147,371
Number of terminated vested participants2022-12-3126
Fundng target for terminated vested participants2022-12-31490,419
Active participant vested funding target2022-12-31487,043
Number of active participants2022-12-3121
Total funding liabilities for active participants2022-12-31493,398
Total participant count2022-12-3148
Total funding target for all participants2022-12-311,031,188
Balance at beginning of prior year after applicable adjustments2022-12-3119,842
Prefunding balance at beginning of prior year after applicable adjustments2022-12-3165,297
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-3119,842
Amount remaining of prefunding balance2022-12-3165,297
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-3121,663
Balance of prefunding at beginning of current year2022-12-3171,291
Total employer contributions2022-12-310
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-310
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-310
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC. 2021 401k membership
Market value of plan assets2021-12-311,288,150
Acturial value of plan assets2021-12-311,288,150
Funding target for retired participants and beneficiaries receiving payment2021-12-3150,580
Number of terminated vested participants2021-12-3121
Fundng target for terminated vested participants2021-12-31441,083
Active participant vested funding target2021-12-31491,268
Number of active participants2021-12-3126
Total funding liabilities for active participants2021-12-31505,296
Total participant count2021-12-3148
Total funding target for all participants2021-12-31996,959
Balance at beginning of prior year after applicable adjustments2021-12-3117,637
Prefunding balance at beginning of prior year after applicable adjustments2021-12-3158,042
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-3117,637
Amount remaining of prefunding balance2021-12-3158,042
Present value of excess contributions2021-12-31130,519
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-31137,985
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-3119,842
Balance of prefunding at beginning of current year2021-12-3165,297
Total employer contributions2021-12-310
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-310
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC. 2020 401k membership
Market value of plan assets2020-12-311,364,515
Acturial value of plan assets2020-12-311,364,515
Funding target for retired participants and beneficiaries receiving payment2020-12-3148,565
Number of terminated vested participants2020-12-3122
Fundng target for terminated vested participants2020-12-31381,709
Active participant vested funding target2020-12-31704,386
Number of active participants2020-12-3128
Total funding liabilities for active participants2020-12-31719,109
Total participant count2020-12-3151
Total funding target for all participants2020-12-311,149,383
Balance at beginning of prior year after applicable adjustments2020-12-3114,906
Prefunding balance at beginning of prior year after applicable adjustments2020-12-3149,055
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-3114,906
Amount remaining of prefunding balance2020-12-3149,055
Present value of excess contributions2020-12-3175,297
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-3179,438
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-3117,637
Balance of prefunding at beginning of current year2020-12-3158,042
Total employer contributions2020-12-31135,000
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-31130,519
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-3126,433
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-31130,519
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC. 2019 401k membership
Market value of plan assets2019-12-311,318,601
Acturial value of plan assets2019-12-311,318,601
Funding target for retired participants and beneficiaries receiving payment2019-12-31267,603
Number of terminated vested participants2019-12-3122
Fundng target for terminated vested participants2019-12-31296,986
Active participant vested funding target2019-12-31706,386
Number of active participants2019-12-3125
Total funding liabilities for active participants2019-12-31715,019
Total participant count2019-12-3149
Total funding target for all participants2019-12-311,279,608
Balance at beginning of prior year after applicable adjustments2019-12-3115,985
Prefunding balance at beginning of prior year after applicable adjustments2019-12-3152,606
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-3115,985
Amount remaining of prefunding balance2019-12-3152,606
Present value of excess contributions2019-12-3173,628
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3177,817
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-3114,906
Balance of prefunding at beginning of current year2019-12-3149,055
Total employer contributions2019-12-31100,000
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-3197,778
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-3122,481
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-3122,481
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-3122,481
Contributions allocatedtoward minimum required contributions for current year2019-12-3197,778
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC. 2018 401k membership
Market value of plan assets2018-12-311,337,263
Acturial value of plan assets2018-12-311,337,263
Funding target for retired participants and beneficiaries receiving payment2018-12-3147,376
Number of terminated vested participants2018-12-3123
Fundng target for terminated vested participants2018-12-31256,852
Active participant vested funding target2018-12-31847,013
Number of active participants2018-12-3123
Total funding liabilities for active participants2018-12-31851,946
Total participant count2018-12-3147
Total funding target for all participants2018-12-311,156,174
Balance at beginning of prior year after applicable adjustments2018-12-3114,196
Prefunding balance at beginning of prior year after applicable adjustments2018-12-3146,719
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-3114,196
Amount remaining of prefunding balance2018-12-3146,719
Present value of excess contributions2018-12-31107,453
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31113,782
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-3115,985
Balance of prefunding at beginning of current year2018-12-3152,606
Total employer contributions2018-12-3175,000
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-3173,628
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-3116,684
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-3173,628
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC. 2017 401k membership
Market value of plan assets2017-12-311,085,397
Acturial value of plan assets2017-12-311,085,397
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-3118
Fundng target for terminated vested participants2017-12-31217,326
Active participant vested funding target2017-12-31773,321
Number of active participants2017-12-3127
Total funding liabilities for active participants2017-12-31778,249
Total participant count2017-12-3145
Total funding target for all participants2017-12-31995,575
Balance at beginning of prior year after applicable adjustments2017-12-3113,432
Prefunding balance at beginning of prior year after applicable adjustments2017-12-3144,204
Amount remaining of carryover balance2017-12-3113,432
Amount remaining of prefunding balance2017-12-3144,204
Present value of excess contributions2017-12-3197,747
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31103,700
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-3114,196
Balance of prefunding at beginning of current year2017-12-3146,719
Total employer contributions2017-12-31110,000
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31107,453
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-3125,247
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-31107,453
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC. 2016 401k membership
Market value of plan assets2016-12-31929,061
Acturial value of plan assets2016-12-31929,061
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-3118
Fundng target for terminated vested participants2016-12-31194,449
Active participant vested funding target2016-12-31676,921
Number of active participants2016-12-3125
Total funding liabilities for active participants2016-12-31679,675
Total participant count2016-12-3143
Total funding target for all participants2016-12-31874,124
Balance at beginning of prior year after applicable adjustments2016-12-3113,909
Prefunding balance at beginning of prior year after applicable adjustments2016-12-3145,774
Amount remaining of carryover balance2016-12-3113,909
Amount remaining of prefunding balance2016-12-3145,774
Present value of excess contributions2016-12-3187,784
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3193,314
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-3113,432
Balance of prefunding at beginning of current year2016-12-3144,204
Total employer contributions2016-12-31100,000
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-3197,747
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-3127,971
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-3197,747
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

Form 5500 Responses for RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC.

2008: RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC. 2008 form 5500 responses
2008-10-01Type of plan entitySingle employer plan
2008-10-01Submission has been amendedNo
2008-10-01This submission is the final filingNo
2008-10-01This return/report is a short plan year return/report (less than 12 months)No
2008-10-01Plan is a collectively bargained planNo

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3