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EMPLOYEE BENEFIT PLAN OF AMG ENGINEERING & MACHINING, INC. 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF AMG ENGINEERING & MACHINING, INC.
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF AMG ENGINEERING & MACHINING, INC. 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

AMG ENGINEERING & MACHINING, INC. has sponsored the creation of one or more 401k plans.

Company Name:AMG ENGINEERING & MACHINING, INC.
Employer identification number (EIN):351760838
NAIC Classification:333900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF AMG ENGINEERING & MACHINING, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DREINA GARY-ROBINSON2024-09-25
0012022-01-01DREINA GARY-ROBINSON2023-08-18
0012021-01-01MATT PROVINES2022-03-03
0012020-01-01MATT PROVINES2021-06-22
0012018-01-01MATT PROVINES2019-02-21
0012017-01-01CHRISTINE KATEREGGA2018-05-17 CHRISTINE KATEREGGA2018-05-17
0012016-01-01YUKIKO CISCHKE2017-04-26 YUKIKO CISCHKE2017-04-26
0012015-01-01YUKIKO CISCHKE2016-06-24 YUKIKO CISCHKE2016-06-24
0012013-01-01YUKIKO CISCHKE2014-06-13 YUKIKO CISCHKE2014-06-13
0012012-01-01YUKIKO CISCHKE2013-07-19 YUKIKO CISCHKE2013-07-19
0012011-01-01YUKIKO CISCHKE2012-07-19 YUKIKO CISCHKE2012-07-19
0012010-01-01YUKIKO CISCHKE2011-07-25 YUKIKO CISCHKE2011-07-25

Plan Statistics for EMPLOYEE BENEFIT PLAN OF AMG ENGINEERING & MACHINING, INC.

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF AMG ENGINEERING & MACHINING, INC.

Measure Date Value
2025: EMPLOYEE BENEFIT PLAN OF AMG ENGINEERING & MACHINING, INC. 2025 401k membership
Total number of particpants at beginning of year2025-07-2949
Total number of particpants at end of year2025-07-2958
Number of Participants With Account Balances2025-07-2934
2024: EMPLOYEE BENEFIT PLAN OF AMG ENGINEERING & MACHINING, INC. 2024 401k membership
Total number of particpants at beginning of year2024-09-2559
Total number of particpants at end of year2024-09-2557
Number of Participants With Account Balances2024-09-2540
2022: EMPLOYEE BENEFIT PLAN OF AMG ENGINEERING & MACHINING, INC. 2022 401k membership
Total number of particpants at beginning of year2022-03-0357
Total number of particpants at end of year2022-03-0354
Number of Participants With Account Balances2022-03-0341

Financial Data on EMPLOYEE BENEFIT PLAN OF AMG ENGINEERING & MACHINING, INC.

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF AMG ENGINEERING & MACHINING, INC. 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-29133624
Net assets as of the end of the plan year2025-07-292271478
Total assets as of the beginning of the plan year2025-07-292095314
Value of plan covered by a fidelity bond2025-07-29245000
Participant contributions to plan in this plan year2025-07-29101799
Value of participant loans at end of plan year2025-07-2928955
Other income to plan in this plan year2025-07-29142366
Plan net income in this plan year2025-07-29176164
Net assets as of the end of the plan year2025-07-292271478
Net assets as of the beginning of the plan year2025-07-292095314
Employer contributions to plan in this plan year2025-07-2965623
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-292695
2024 : EMPLOYEE BENEFIT PLAN OF AMG ENGINEERING & MACHINING, INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-09-250
Total liabilities as of the end of the plan year2024-09-250
Total liabilities as of the beginning of the plan year2024-09-250
Total expenses incurred by plan in this plan year2024-09-25513619
Net assets as of the end of the plan year2024-09-252095314
Total assets as of the beginning of the plan year2024-09-252257484
Value of plan covered by a fidelity bond2024-09-25250000
Participant contributions to plan in this plan year2024-09-2586706
Value of participant loans at end of plan year2024-09-2541511
Other expenses paid from plan in this plan year2024-09-250
Other contributions to plan in this plan year2024-09-250
Other income to plan in this plan year2024-09-25209140
Plan net income in this plan year2024-09-25-162170
Net assets as of the end of the plan year2024-09-252095314
Net assets as of the beginning of the plan year2024-09-252257484
Employer contributions to plan in this plan year2024-09-2555603
Fees paid to broker by Benefit Provider2024-09-25213
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-25325
2022 : EMPLOYEE BENEFIT PLAN OF AMG ENGINEERING & MACHINING, INC. 2022 401k financial data
Total transfers to/from plan in this plan year2022-03-030
Total liabilities as of the end of the plan year2022-03-030
Total liabilities as of the beginning of the plan year2022-03-030
Total expenses incurred by plan in this plan year2022-03-0326935
Net assets as of the end of the plan year2022-03-032427329
Total assets as of the beginning of the plan year2022-03-032111605
Value of plan covered by a fidelity bond2022-03-03230000
Participant contributions to plan in this plan year2022-03-0378863
Value of participant loans at end of plan year2022-03-0386448
Other expenses paid from plan in this plan year2022-03-03415
Other contributions to plan in this plan year2022-03-030
Other income to plan in this plan year2022-03-03219886
Plan net income in this plan year2022-03-03315724
Net assets as of the end of the plan year2022-03-032427329
Net assets as of the beginning of the plan year2022-03-032111605
Employer contributions to plan in this plan year2022-03-0343910
Fees paid to broker by Benefit Provider2022-03-03276

Potentially related plans

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