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SHEET METAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN AND TRUST 401k Plan overview

Plan NameSHEET METAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN AND TRUST
Plan identification number 002

SHEET METAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN AND TRUST 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

SHEET METAL SERVICES, INC. has sponsored the creation of one or more 401k plans.

Company Name:SHEET METAL SERVICES, INC.
Employer identification number (EIN):362783309
NAIC Classification:332900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SHEET METAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022021-10-01ROBIN LONGFELLOW2023-05-26
0022020-10-01ROBIN LONGFELLOW2022-06-30
0022019-10-01ROBIN LONGFELLOW2021-06-21
0022018-10-01ROBIN LONGFELLOW2020-07-06
0022017-10-01ROBIN LONGFELLOW2019-06-25 ROBIN LONGFELLOW2019-06-25
0022016-10-01ROBIN LONGFELLOW2018-06-19
0022015-10-01ROBIN W. LONGFELLOW2017-06-08
0022014-10-01ROBIN W. LONGFELLOW2016-06-22
0022013-10-01ROBIN W. LONGFELLOW2015-06-11
0022012-10-01ROBIN W. LONGFELLOW2014-07-09
0022011-10-01ROBIN W. LONGFELLOW2013-06-24
0022010-10-01ROBIN W. LONGFELLOW2012-06-13
0022008-10-01

Plan Statistics for SHEET METAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN AND TRUST

401k plan membership statisitcs for SHEET METAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN AND TRUST

Measure Date Value
2022: SHEET METAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN AND TRUST 2022 401k membership
Market value of plan assets2022-09-302,604,926
Acturial value of plan assets2022-09-302,604,926
Funding target for retired participants and beneficiaries receiving payment2022-09-30531,300
Number of terminated vested participants2022-09-305
Fundng target for terminated vested participants2022-09-30376,406
Active participant vested funding target2022-09-301,642,172
Number of active participants2022-09-304
Total funding liabilities for active participants2022-09-301,642,172
Total participant count2022-09-3011
Total funding target for all participants2022-09-302,549,878
Balance at beginning of prior year after applicable adjustments2022-09-300
Prefunding balance at beginning of prior year after applicable adjustments2022-09-300
Carryover balanced portion elected for use to offset prior years funding requirement2022-09-300
Prefunding balanced used to offset prior years funding requirement2022-09-300
Amount remaining of carryover balance2022-09-300
Amount remaining of prefunding balance2022-09-300
Present value of excess contributions2022-09-3097,574
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-09-3097,574
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-09-300
Reductions in caryover balances due to elections or deemed elections2022-09-300
Reductions in prefunding balances due to elections or deemed elections2022-09-300
Balance of carryovers at beginning of current year2022-09-300
Balance of prefunding at beginning of current year2022-09-300
Total employer contributions2022-09-30150,000
Total employee contributions2022-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2022-09-300
Contributions made to avoid restrictions adjusted to valuation date2022-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-09-30147,160
Unpaid minimum required contributions for all prior years2022-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-09-300
Remaining amount of unpaid minimum required contributions2022-09-300
Minimum required contributions for current year target normal cost2022-09-300
Net shortfall amortization installment of oustanding balance2022-09-300
Waiver amortization installment2022-09-300
Total funding amount beforereflecting carryover/prefunding balances2022-09-300
Carryover balance elected to use to offset funding requirement2022-09-300
Prefunding balance elected to use to offset funding requirement2022-09-300
Additional cash requirement2022-09-300
Contributions allocatedtoward minimum required contributions for current year2022-09-30147,160
Unpaid minimum required contributions for current year2022-09-300
Unpaid minimum required contributions for all years2022-09-300
2021: SHEET METAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN AND TRUST 2021 401k membership
Market value of plan assets2021-09-302,921,651
Acturial value of plan assets2021-09-302,921,651
Funding target for retired participants and beneficiaries receiving payment2021-09-30553,836
Number of terminated vested participants2021-09-305
Fundng target for terminated vested participants2021-09-30343,893
Active participant vested funding target2021-09-301,514,841
Number of active participants2021-09-304
Total funding liabilities for active participants2021-09-301,514,841
Total participant count2021-09-3011
Total funding target for all participants2021-09-302,412,570
Balance at beginning of prior year after applicable adjustments2021-09-300
Prefunding balance at beginning of prior year after applicable adjustments2021-09-300
Carryover balanced portion elected for use to offset prior years funding requirement2021-09-300
Prefunding balanced used to offset prior years funding requirement2021-09-300
Amount remaining of carryover balance2021-09-300
Amount remaining of prefunding balance2021-09-300
Present value of excess contributions2021-09-30147,464
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-09-30147,464
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-09-300
Reductions in prefunding balances due to elections or deemed elections2021-09-300
Balance of carryovers at beginning of current year2021-09-300
Balance of prefunding at beginning of current year2021-09-300
Total employer contributions2021-09-30100,000
Total employee contributions2021-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2021-09-300
Contributions made to avoid restrictions adjusted to valuation date2021-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-09-3097,574
Unpaid minimum required contributions for all prior years2021-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-09-300
Remaining amount of unpaid minimum required contributions2021-09-300
Minimum required contributions for current year target normal cost2021-09-300
Net shortfall amortization installment of oustanding balance2021-09-300
Waiver amortization installment2021-09-300
Total funding amount beforereflecting carryover/prefunding balances2021-09-300
Carryover balance elected to use to offset funding requirement2021-09-300
Prefunding balance elected to use to offset funding requirement2021-09-300
Additional cash requirement2021-09-300
Contributions allocatedtoward minimum required contributions for current year2021-09-3097,574
Unpaid minimum required contributions for current year2021-09-300
Unpaid minimum required contributions for all years2021-09-300
2020: SHEET METAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN AND TRUST 2020 401k membership
Market value of plan assets2020-09-302,506,221
Acturial value of plan assets2020-09-302,506,221
Funding target for retired participants and beneficiaries receiving payment2020-09-30590,712
Number of terminated vested participants2020-09-305
Fundng target for terminated vested participants2020-09-30332,559
Active participant vested funding target2020-09-301,449,888
Number of active participants2020-09-304
Total funding liabilities for active participants2020-09-301,449,888
Total participant count2020-09-3031
Total funding target for all participants2020-09-302,373,159
Balance at beginning of prior year after applicable adjustments2020-09-300
Prefunding balance at beginning of prior year after applicable adjustments2020-09-300
Carryover balanced portion elected for use to offset prior years funding requirement2020-09-300
Prefunding balanced used to offset prior years funding requirement2020-09-300
Amount remaining of carryover balance2020-09-300
Amount remaining of prefunding balance2020-09-300
Present value of excess contributions2020-09-30145,900
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-09-30145,900
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-09-300
Reductions in prefunding balances due to elections or deemed elections2020-09-300
Balance of carryovers at beginning of current year2020-09-300
Balance of prefunding at beginning of current year2020-09-300
Total employer contributions2020-09-30150,000
Total employee contributions2020-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2020-09-300
Contributions made to avoid restrictions adjusted to valuation date2020-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-09-30147,464
Unpaid minimum required contributions for all prior years2020-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-09-300
Remaining amount of unpaid minimum required contributions2020-09-300
Minimum required contributions for current year target normal cost2020-09-300
Net shortfall amortization installment of oustanding balance2020-09-300
Waiver amortization installment2020-09-300
Total funding amount beforereflecting carryover/prefunding balances2020-09-300
Carryover balance elected to use to offset funding requirement2020-09-300
Prefunding balance elected to use to offset funding requirement2020-09-300
Additional cash requirement2020-09-300
Contributions allocatedtoward minimum required contributions for current year2020-09-30147,464
Unpaid minimum required contributions for current year2020-09-300
Unpaid minimum required contributions for all years2020-09-300
2019: SHEET METAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN AND TRUST 2019 401k membership
Market value of plan assets2019-09-302,417,970
Acturial value of plan assets2019-09-302,417,970
Funding target for retired participants and beneficiaries receiving payment2019-09-30845,258
Number of terminated vested participants2019-09-305
Fundng target for terminated vested participants2019-09-3087,047
Active participant vested funding target2019-09-301,568,190
Number of active participants2019-09-302
Total funding liabilities for active participants2019-09-301,568,190
Total participant count2019-09-3012
Total funding target for all participants2019-09-302,500,495
Balance at beginning of prior year after applicable adjustments2019-09-300
Prefunding balance at beginning of prior year after applicable adjustments2019-09-300
Carryover balanced portion elected for use to offset prior years funding requirement2019-09-300
Prefunding balanced used to offset prior years funding requirement2019-09-300
Amount remaining of carryover balance2019-09-300
Amount remaining of prefunding balance2019-09-300
Present value of excess contributions2019-09-30155,110
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-09-30164,246
Balance of carryovers at beginning of current year2019-09-300
Balance of prefunding at beginning of current year2019-09-300
Total employer contributions2019-09-30150,000
Total employee contributions2019-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2019-09-300
Contributions made to avoid restrictions adjusted to valuation date2019-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-09-30145,900
Unpaid minimum required contributions for all prior years2019-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-09-300
Remaining amount of unpaid minimum required contributions2019-09-300
Minimum required contributions for current year target normal cost2019-09-300
Net shortfall amortization installment of oustanding balance2019-09-3082,525
Waiver amortization installment2019-09-300
Total funding amount beforereflecting carryover/prefunding balances2019-09-300
Additional cash requirement2019-09-300
Contributions allocatedtoward minimum required contributions for current year2019-09-30145,900
Unpaid minimum required contributions for current year2019-09-300
Unpaid minimum required contributions for all years2019-09-300
2018: SHEET METAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN AND TRUST 2018 401k membership
Market value of plan assets2018-09-302,303,000
Acturial value of plan assets2018-09-302,303,000
Funding target for retired participants and beneficiaries receiving payment2018-09-30832,276
Number of terminated vested participants2018-09-305
Fundng target for terminated vested participants2018-09-3077,933
Active participant vested funding target2018-09-301,463,539
Number of active participants2018-09-306
Total funding liabilities for active participants2018-09-301,463,539
Total participant count2018-09-3013
Total funding target for all participants2018-09-302,373,748
Balance at beginning of prior year after applicable adjustments2018-09-300
Prefunding balance at beginning of prior year after applicable adjustments2018-09-300
Carryover balanced portion elected for use to offset prior years funding requirement2018-09-300
Prefunding balanced used to offset prior years funding requirement2018-09-300
Amount remaining of carryover balance2018-09-300
Amount remaining of prefunding balance2018-09-300
Present value of excess contributions2018-09-30131,893
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-09-30131,893
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-09-300
Reductions in caryover balances due to elections or deemed elections2018-09-300
Reductions in prefunding balances due to elections or deemed elections2018-09-300
Balance of carryovers at beginning of current year2018-09-300
Balance of prefunding at beginning of current year2018-09-300
Total employer contributions2018-09-30160,000
Total employee contributions2018-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2018-09-300
Contributions made to avoid restrictions adjusted to valuation date2018-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-09-30155,110
Unpaid minimum required contributions for all prior years2018-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-09-300
Remaining amount of unpaid minimum required contributions2018-09-300
Minimum required contributions for current year target normal cost2018-09-300
Net shortfall amortization installment of oustanding balance2018-09-3070,748
Waiver amortization installment2018-09-300
Total funding amount beforereflecting carryover/prefunding balances2018-09-300
Carryover balance elected to use to offset funding requirement2018-09-300
Prefunding balance elected to use to offset funding requirement2018-09-300
Additional cash requirement2018-09-300
Contributions allocatedtoward minimum required contributions for current year2018-09-30155,110
Unpaid minimum required contributions for current year2018-09-300
Unpaid minimum required contributions for all years2018-09-300
2017: SHEET METAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN AND TRUST 2017 401k membership
Market value of plan assets2017-09-302,174,332
Acturial value of plan assets2017-09-302,174,332
Funding target for retired participants and beneficiaries receiving payment2017-09-30855,777
Number of terminated vested participants2017-09-305
Fundng target for terminated vested participants2017-09-3066,907
Active participant vested funding target2017-09-301,362,787
Number of active participants2017-09-307
Total funding liabilities for active participants2017-09-301,362,787
Total participant count2017-09-3014
Total funding target for all participants2017-09-302,285,471
Balance at beginning of prior year after applicable adjustments2017-09-300
Prefunding balance at beginning of prior year after applicable adjustments2017-09-300
Carryover balanced portion elected for use to offset prior years funding requirement2017-09-300
Prefunding balanced used to offset prior years funding requirement2017-09-300
Amount remaining of carryover balance2017-09-300
Amount remaining of prefunding balance2017-09-300
Present value of excess contributions2017-09-3080,671
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-09-3080,671
Balance of carryovers at beginning of current year2017-09-300
Balance of prefunding at beginning of current year2017-09-300
Total employer contributions2017-09-30180,000
Total employee contributions2017-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2017-09-300
Contributions made to avoid restrictions adjusted to valuation date2017-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-09-30174,647
Unpaid minimum required contributions for all prior years2017-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-09-300
Remaining amount of unpaid minimum required contributions2017-09-300
Minimum required contributions for current year target normal cost2017-09-300
Net shortfall amortization installment of oustanding balance2017-09-30111,139
Waiver amortization installment2017-09-300
Total funding amount beforereflecting carryover/prefunding balances2017-09-3042,754
Carryover balance elected to use to offset funding requirement2017-09-300
Prefunding balance elected to use to offset funding requirement2017-09-300
Additional cash requirement2017-09-3042,754
Contributions allocatedtoward minimum required contributions for current year2017-09-30174,647
Unpaid minimum required contributions for current year2017-09-300
Unpaid minimum required contributions for all years2017-09-300

Form 5500 Responses for SHEET METAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN AND TRUST

2008: SHEET METAL SERVICES, INC. DEFINED BENEFIT PENSION PLAN AND TRUST 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

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