INDUSTRIAL METAL FAB, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan 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 |
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2022: RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC. 2022 401k membership |
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Market value of plan assets | 2022-12-31 | 1,393,121 |
Acturial value of plan assets | 2022-12-31 | 1,393,121 |
Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 47,371 |
Number of terminated vested participants | 2022-12-31 | 26 |
Fundng target for terminated vested participants | 2022-12-31 | 490,419 |
Active participant vested funding target | 2022-12-31 | 487,043 |
Number of active participants | 2022-12-31 | 21 |
Total funding liabilities for active participants | 2022-12-31 | 493,398 |
Total participant count | 2022-12-31 | 48 |
Total funding target for all participants | 2022-12-31 | 1,031,188 |
Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 19,842 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 65,297 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-12-31 | 0 |
Amount remaining of carryover balance | 2022-12-31 | 19,842 |
Amount remaining of prefunding balance | 2022-12-31 | 65,297 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 0 |
Balance of carryovers at beginning of current year | 2022-12-31 | 21,663 |
Balance of prefunding at beginning of current year | 2022-12-31 | 71,291 |
Total employer contributions | 2022-12-31 | 0 |
Total employee contributions | 2022-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2022-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2022-12-31 | 0 |
Net shortfall amortization installment of oustanding balance | 2022-12-31 | 0 |
Waiver amortization installment | 2022-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2022-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-12-31 | 0 |
Additional cash requirement | 2022-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
2021: RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC. 2021 401k membership |
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Market value of plan assets | 2021-12-31 | 1,288,150 |
Acturial value of plan assets | 2021-12-31 | 1,288,150 |
Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 50,580 |
Number of terminated vested participants | 2021-12-31 | 21 |
Fundng target for terminated vested participants | 2021-12-31 | 441,083 |
Active participant vested funding target | 2021-12-31 | 491,268 |
Number of active participants | 2021-12-31 | 26 |
Total funding liabilities for active participants | 2021-12-31 | 505,296 |
Total participant count | 2021-12-31 | 48 |
Total funding target for all participants | 2021-12-31 | 996,959 |
Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 17,637 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 58,042 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2021-12-31 | 0 |
Amount remaining of carryover balance | 2021-12-31 | 17,637 |
Amount remaining of prefunding balance | 2021-12-31 | 58,042 |
Present value of excess contributions | 2021-12-31 | 130,519 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 137,985 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2021-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 0 |
Balance of carryovers at beginning of current year | 2021-12-31 | 19,842 |
Balance of prefunding at beginning of current year | 2021-12-31 | 65,297 |
Total employer contributions | 2021-12-31 | 0 |
Total employee contributions | 2021-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2021-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2021-12-31 | 0 |
Net shortfall amortization installment of oustanding balance | 2021-12-31 | 0 |
Waiver amortization installment | 2021-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2021-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2021-12-31 | 0 |
Additional cash requirement | 2021-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 0 |
Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
Unpaid minimum required contributions for all years | 2021-12-31 | 0 |
2020: RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC. 2020 401k membership |
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Market value of plan assets | 2020-12-31 | 1,364,515 |
Acturial value of plan assets | 2020-12-31 | 1,364,515 |
Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 48,565 |
Number of terminated vested participants | 2020-12-31 | 22 |
Fundng target for terminated vested participants | 2020-12-31 | 381,709 |
Active participant vested funding target | 2020-12-31 | 704,386 |
Number of active participants | 2020-12-31 | 28 |
Total funding liabilities for active participants | 2020-12-31 | 719,109 |
Total participant count | 2020-12-31 | 51 |
Total funding target for all participants | 2020-12-31 | 1,149,383 |
Balance at beginning of prior year after applicable adjustments | 2020-12-31 | 14,906 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-12-31 | 49,055 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2020-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2020-12-31 | 0 |
Amount remaining of carryover balance | 2020-12-31 | 14,906 |
Amount remaining of prefunding balance | 2020-12-31 | 49,055 |
Present value of excess contributions | 2020-12-31 | 75,297 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 79,438 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2020-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2020-12-31 | 0 |
Balance of carryovers at beginning of current year | 2020-12-31 | 17,637 |
Balance of prefunding at beginning of current year | 2020-12-31 | 58,042 |
Total employer contributions | 2020-12-31 | 135,000 |
Total employee contributions | 2020-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-12-31 | 130,519 |
Unpaid minimum required contributions for all prior years | 2020-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2020-12-31 | 26,433 |
Net shortfall amortization installment of oustanding balance | 2020-12-31 | 0 |
Waiver amortization installment | 2020-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Additional cash requirement | 2020-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2020-12-31 | 130,519 |
Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
Unpaid minimum required contributions for all years | 2020-12-31 | 0 |
2019: RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC. 2019 401k membership |
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Market value of plan assets | 2019-12-31 | 1,318,601 |
Acturial value of plan assets | 2019-12-31 | 1,318,601 |
Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 267,603 |
Number of terminated vested participants | 2019-12-31 | 22 |
Fundng target for terminated vested participants | 2019-12-31 | 296,986 |
Active participant vested funding target | 2019-12-31 | 706,386 |
Number of active participants | 2019-12-31 | 25 |
Total funding liabilities for active participants | 2019-12-31 | 715,019 |
Total participant count | 2019-12-31 | 49 |
Total funding target for all participants | 2019-12-31 | 1,279,608 |
Balance at beginning of prior year after applicable adjustments | 2019-12-31 | 15,985 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 52,606 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2019-12-31 | 0 |
Amount remaining of carryover balance | 2019-12-31 | 15,985 |
Amount remaining of prefunding balance | 2019-12-31 | 52,606 |
Present value of excess contributions | 2019-12-31 | 73,628 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 77,817 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2019-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2019-12-31 | 0 |
Balance of carryovers at beginning of current year | 2019-12-31 | 14,906 |
Balance of prefunding at beginning of current year | 2019-12-31 | 49,055 |
Total employer contributions | 2019-12-31 | 100,000 |
Total employee contributions | 2019-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-12-31 | 97,778 |
Unpaid minimum required contributions for all prior years | 2019-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2019-12-31 | 22,481 |
Net shortfall amortization installment of oustanding balance | 2019-12-31 | 0 |
Waiver amortization installment | 2019-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 22,481 |
Carryover balance elected to use to offset funding requirement | 2019-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2019-12-31 | 0 |
Additional cash requirement | 2019-12-31 | 22,481 |
Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 97,778 |
Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
2018: RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC. 2018 401k membership |
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Market value of plan assets | 2018-12-31 | 1,337,263 |
Acturial value of plan assets | 2018-12-31 | 1,337,263 |
Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 47,376 |
Number of terminated vested participants | 2018-12-31 | 23 |
Fundng target for terminated vested participants | 2018-12-31 | 256,852 |
Active participant vested funding target | 2018-12-31 | 847,013 |
Number of active participants | 2018-12-31 | 23 |
Total funding liabilities for active participants | 2018-12-31 | 851,946 |
Total participant count | 2018-12-31 | 47 |
Total funding target for all participants | 2018-12-31 | 1,156,174 |
Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 14,196 |
Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 46,719 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2018-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 0 |
Amount remaining of carryover balance | 2018-12-31 | 14,196 |
Amount remaining of prefunding balance | 2018-12-31 | 46,719 |
Present value of excess contributions | 2018-12-31 | 107,453 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 113,782 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2018-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 0 |
Balance of carryovers at beginning of current year | 2018-12-31 | 15,985 |
Balance of prefunding at beginning of current year | 2018-12-31 | 52,606 |
Total employer contributions | 2018-12-31 | 75,000 |
Total employee contributions | 2018-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 73,628 |
Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2018-12-31 | 16,684 |
Net shortfall amortization installment of oustanding balance | 2018-12-31 | 0 |
Waiver amortization installment | 2018-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2018-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2018-12-31 | 0 |
Additional cash requirement | 2018-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 73,628 |
Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
2017: RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC. 2017 401k membership |
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Market value of plan assets | 2017-12-31 | 1,085,397 |
Acturial value of plan assets | 2017-12-31 | 1,085,397 |
Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 0 |
Number of terminated vested participants | 2017-12-31 | 18 |
Fundng target for terminated vested participants | 2017-12-31 | 217,326 |
Active participant vested funding target | 2017-12-31 | 773,321 |
Number of active participants | 2017-12-31 | 27 |
Total funding liabilities for active participants | 2017-12-31 | 778,249 |
Total participant count | 2017-12-31 | 45 |
Total funding target for all participants | 2017-12-31 | 995,575 |
Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 13,432 |
Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 44,204 |
Amount remaining of carryover balance | 2017-12-31 | 13,432 |
Amount remaining of prefunding balance | 2017-12-31 | 44,204 |
Present value of excess contributions | 2017-12-31 | 97,747 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 103,700 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2017-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2017-12-31 | 0 |
Balance of carryovers at beginning of current year | 2017-12-31 | 14,196 |
Balance of prefunding at beginning of current year | 2017-12-31 | 46,719 |
Total employer contributions | 2017-12-31 | 110,000 |
Total employee contributions | 2017-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 107,453 |
Unpaid minimum required contributions for all prior years | 2017-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2017-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2017-12-31 | 25,247 |
Net shortfall amortization installment of oustanding balance | 2017-12-31 | 0 |
Waiver amortization installment | 2017-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2017-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2017-12-31 | 0 |
Additional cash requirement | 2017-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 107,453 |
Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
2016: RETIREMENT PLAN FOR EMPLOYEES OF INDUSTRIAL METAL-FAB, INC. 2016 401k membership |
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Market value of plan assets | 2016-12-31 | 929,061 |
Acturial value of plan assets | 2016-12-31 | 929,061 |
Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 0 |
Number of terminated vested participants | 2016-12-31 | 18 |
Fundng target for terminated vested participants | 2016-12-31 | 194,449 |
Active participant vested funding target | 2016-12-31 | 676,921 |
Number of active participants | 2016-12-31 | 25 |
Total funding liabilities for active participants | 2016-12-31 | 679,675 |
Total participant count | 2016-12-31 | 43 |
Total funding target for all participants | 2016-12-31 | 874,124 |
Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 13,909 |
Prefunding balance at beginning of prior year after applicable adjustments | 2016-12-31 | 45,774 |
Amount remaining of carryover balance | 2016-12-31 | 13,909 |
Amount remaining of prefunding balance | 2016-12-31 | 45,774 |
Present value of excess contributions | 2016-12-31 | 87,784 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 93,314 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2016-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2016-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2016-12-31 | 0 |
Balance of carryovers at beginning of current year | 2016-12-31 | 13,432 |
Balance of prefunding at beginning of current year | 2016-12-31 | 44,204 |
Total employer contributions | 2016-12-31 | 100,000 |
Total employee contributions | 2016-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2016-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2016-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 97,747 |
Unpaid minimum required contributions for all prior years | 2016-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2016-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2016-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2016-12-31 | 27,971 |
Net shortfall amortization installment of oustanding balance | 2016-12-31 | 0 |
Waiver amortization installment | 2016-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 0 |
Additional cash requirement | 2016-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 97,747 |
Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
Unpaid minimum required contributions for all years | 2016-12-31 | 0 |