401k Plan data: SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN plan

SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN 401k Plan overview

Plan Name	SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN
Plan identification number	001

SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN Benefits

401k Plan Type

Defined 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.
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

SPECIALTY COATINGS COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name: SPECIALTY COATINGS COMPANY, INC.

Employer identification number (EIN): 362365857

NAIC Classification: 325900
NAIC Description: Other Chemical Product and Preparation Manufacturing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2005-01-01 TOM RUDLAND
001 2002-01-01 TOM RUDLAND
001 2001-01-01 TOM RUDLAND

Plan id#	Filing Submission Date	Name of Administrator
001	2005-01-01	TOM RUDLAND
001	2002-01-01	TOM RUDLAND
001	2001-01-01	TOM RUDLAND

Plan Statistics for SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN

401k plan membership statisitcs for SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN

Measure Date Value
2005: SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN 2005 401k membership
Total participants, beginning-of-year 2005-01-01 69
Total number of active participants reported on line 7a of the Form 5500 2005-01-01 83
Number of retired or separated participants receiving benefits 2005-01-01 0
Number of other retired or separated participants entitled to future benefits 2005-01-01 0
Total of all active and inactive participants 2005-01-01 83
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2005-01-01 0
Total participants 2005-01-01 83
Number of participants with account balances 2005-01-01 69
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2005-01-01 0
2002: SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN 2002 401k membership
Total participants, beginning-of-year 2002-01-01 69
Total number of active participants reported on line 7a of the Form 5500 2002-01-01 69
Number of retired or separated participants receiving benefits 2002-01-01 0
Number of other retired or separated participants entitled to future benefits 2002-01-01 0
Total of all active and inactive participants 2002-01-01 69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2002-01-01 0
Total participants 2002-01-01 69
Number of participants with account balances 2002-01-01 64
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2002-01-01 0
2001: SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN 2001 401k membership
Total participants, beginning-of-year 2001-01-01 69
Total number of active participants reported on line 7a of the Form 5500 2001-01-01 69
Number of retired or separated participants receiving benefits 2001-01-01 0
Number of other retired or separated participants entitled to future benefits 2001-01-01 0
Total of all active and inactive participants 2001-01-01 69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2001-01-01 0
Total participants 2001-01-01 69
Number of participants with account balances 2001-01-01 66
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2001-01-01 0

Measure	Date	Value
2005: SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN 2005 401k membership
Total participants, beginning-of-year	2005-01-01	69
Total number of active participants reported on line 7a of the Form 5500	2005-01-01	83
Number of retired or separated participants receiving benefits	2005-01-01	0
Number of other retired or separated participants entitled to future benefits	2005-01-01	0
Total of all active and inactive participants	2005-01-01	83
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2005-01-01	0
Total participants	2005-01-01	83
Number of participants with account balances	2005-01-01	69
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2005-01-01	0
2002: SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN 2002 401k membership
Total participants, beginning-of-year	2002-01-01	69
Total number of active participants reported on line 7a of the Form 5500	2002-01-01	69
Number of retired or separated participants receiving benefits	2002-01-01	0
Number of other retired or separated participants entitled to future benefits	2002-01-01	0
Total of all active and inactive participants	2002-01-01	69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2002-01-01	0
Total participants	2002-01-01	69
Number of participants with account balances	2002-01-01	64
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2002-01-01	0
2001: SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN 2001 401k membership
Total participants, beginning-of-year	2001-01-01	69
Total number of active participants reported on line 7a of the Form 5500	2001-01-01	69
Number of retired or separated participants receiving benefits	2001-01-01	0
Number of other retired or separated participants entitled to future benefits	2001-01-01	0
Total of all active and inactive participants	2001-01-01	69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2001-01-01	0
Total participants	2001-01-01	69
Number of participants with account balances	2001-01-01	66
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2001-01-01	0

Financial Data on SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN

Measure	Date	Value
2006 : SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN 2006 401k financial data
Total income from all sources	2006-12-31	$658,701
Expenses. Total of all expenses incurred	2006-12-31	$394,529
Benefits paid (including direct rollovers)	2006-12-31	$393,959
Total plan assets at end of year	2006-12-31	$3,337,622
Total plan assets at beginning of year	2006-12-31	$3,073,451
Value of fidelity bond covering the plan	2006-12-31	$200,000
Total contributions received or receivable from participants	2006-12-31	$256,096
Expenses. Other expenses not covered elsewhere	2006-12-31	$0
Contributions received from other sources (not participants or employers)	2006-12-31	$0
Other income received	2006-12-31	$377,795
Net income (gross income less expenses)	2006-12-31	$264,172
Net plan assets at end of year (total assets less liabilities)	2006-12-31	$3,337,622
Net plan assets at beginning of year (total assets less liabilities)	2006-12-31	$3,073,451
Assets. Value of participant loans	2006-12-31	$83,761
Total contributions received or receivable from employer(s)	2006-12-31	$24,810
Expenses. Administrative service providers (salaries,fees and commissions)	2006-12-31	$570
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2006-12-31	$393,959
2005 : SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN 2005 401k financial data
Total income from all sources	2005-12-31	$485,167
Expenses. Total of all expenses incurred	2005-12-31	$193,790
Benefits paid (including direct rollovers)	2005-12-31	$193,790
Total plan assets at end of year	2005-12-31	$3,073,451
Total plan assets at beginning of year	2005-12-31	$2,782,073
Value of fidelity bond covering the plan	2005-12-31	$200,000
Total contributions received or receivable from participants	2005-12-31	$267,589
Contributions received from other sources (not participants or employers)	2005-12-31	$0
Other income received	2005-12-31	$191,911
Net income (gross income less expenses)	2005-12-31	$291,377
Net plan assets at end of year (total assets less liabilities)	2005-12-31	$3,073,451
Net plan assets at beginning of year (total assets less liabilities)	2005-12-31	$2,782,073
Assets. Value of participant loans	2005-12-31	$57,638
Total contributions received or receivable from employer(s)	2005-12-31	$25,667
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2005-12-31	$193,790
2004 : SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN 2004 401k financial data
Total income from all sources	2004-12-31	$456,455
Expenses. Total of all expenses incurred	2004-12-31	$11,252
Benefits paid (including direct rollovers)	2004-12-31	$11,252
Total plan assets at end of year	2004-12-31	$2,782,073
Total plan assets at beginning of year	2004-12-31	$2,336,870
Value of fidelity bond covering the plan	2004-12-31	$200,000
Total contributions received or receivable from participants	2004-12-31	$233,179
Contributions received from other sources (not participants or employers)	2004-12-31	$0
Other income received	2004-12-31	$199,956
Net income (gross income less expenses)	2004-12-31	$445,203
Net plan assets at end of year (total assets less liabilities)	2004-12-31	$2,782,073
Net plan assets at beginning of year (total assets less liabilities)	2004-12-31	$2,336,870
Assets. Value of participant loans	2004-12-31	$57,637
Total contributions received or receivable from employer(s)	2004-12-31	$23,320
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2004-12-31	$11,252
2003 : SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN 2003 401k financial data
Total income from all sources	2003-12-31	$510,549
Expenses. Total of all expenses incurred	2003-12-31	$72,400
Benefits paid (including direct rollovers)	2003-12-31	$72,400
Total plan assets at end of year	2003-12-31	$2,336,870
Total plan assets at beginning of year	2003-12-31	$1,898,721
Value of fidelity bond covering the plan	2003-12-31	$200,000
Total contributions received or receivable from participants	2003-12-31	$198,075
Contributions received from other sources (not participants or employers)	2003-12-31	$0
Other income received	2003-12-31	$291,122
Net income (gross income less expenses)	2003-12-31	$438,149
Net plan assets at end of year (total assets less liabilities)	2003-12-31	$2,336,870
Net plan assets at beginning of year (total assets less liabilities)	2003-12-31	$1,898,721
Assets. Value of participant loans	2003-12-31	$57,638
Total contributions received or receivable from employer(s)	2003-12-31	$21,352
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2003-12-31	$72,400
2002 : SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN 2002 401k financial data
Total income from all sources	2002-12-31	$19,488
Expenses. Total of all expenses incurred	2002-12-31	$157,689
Benefits paid (including direct rollovers)	2002-12-31	$157,689
Total plan assets at end of year	2002-12-31	$1,898,721
Total plan assets at beginning of year	2002-12-31	$2,034,523
Value of fidelity bond covering the plan	2002-12-31	$200,000
Total contributions received or receivable from participants	2002-12-31	$224,853
Contributions received from other sources (not participants or employers)	2002-12-31	$0
Other income received	2002-12-31	$-230,917
Net income (gross income less expenses)	2002-12-31	$-138,201
Net plan assets at end of year (total assets less liabilities)	2002-12-31	$1,898,721
Net plan assets at beginning of year (total assets less liabilities)	2002-12-31	$2,034,523
Assets. Value of participant loans	2002-12-31	$91,416
Total contributions received or receivable from employer(s)	2002-12-31	$25,552
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2002-12-31	$157,689
2001 : SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN 2001 401k financial data
Total income from all sources	2001-12-31	$54,166
Expenses. Total of all expenses incurred	2001-12-31	$16,264
Benefits paid (including direct rollovers)	2001-12-31	$16,264
Total plan assets at end of year	2001-12-31	$2,034,523
Total plan assets at beginning of year	2001-12-31	$1,996,621
Value of fidelity bond covering the plan	2001-12-31	$200,000
Total contributions received or receivable from participants	2001-12-31	$193,480
Contributions received from other sources (not participants or employers)	2001-12-31	$4,979
Other income received	2001-12-31	$-169,181
Net income (gross income less expenses)	2001-12-31	$37,902
Net plan assets at end of year (total assets less liabilities)	2001-12-31	$2,034,523
Net plan assets at beginning of year (total assets less liabilities)	2001-12-31	$1,996,621
Assets. Value of participant loans	2001-12-31	$112,178
Total contributions received or receivable from employer(s)	2001-12-31	$24,888
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2001-12-31	$16,264

Form 5500 Responses for SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN

2005: SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN 2005 form 5500 responses
2005-01-01	Type of plan entity	Single employer plan
2005-01-01	Submission has been amended	No
2005-01-01	This submission is the final filing	No
2005-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2005-01-01	Plan is a collectively bargained plan	No
2005-01-01	Plan funding arrangement – Trust	Yes
2005-01-01	Plan benefit arrangement - Trust	Yes
2002: SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN 2002 form 5500 responses
2002-01-01	Type of plan entity	Single employer plan
2002-01-01	Submission has been amended	No
2002-01-01	This submission is the final filing	No
2002-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2002-01-01	Plan is a collectively bargained plan	No
2002-01-01	Plan funding arrangement – Trust	Yes
2002-01-01	Plan benefit arrangement - Trust	Yes
2001: SPECIALTY COATINGS CO & SPECIALTY FINISHES CO. INCENTIVE SAVINGS PLAN 2001 form 5500 responses
2001-01-01	Type of plan entity	Single employer plan
2001-01-01	Submission has been amended	No
2001-01-01	This submission is the final filing	No
2001-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2001-01-01	Plan is a collectively bargained plan	No
2001-01-01	Plan funding arrangement – Trust	Yes
2001-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	SPECIALTY COATINGS COMPANY, INC.
Employer identification number (EIN):	362365857
NAIC Classification:	325900
NAIC Description:	Other Chemical Product and Preparation Manufacturing