SKOLNIK INDUSTRIES, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SKOLNIK INDUSTRIES, INC EMPLOYEE RETIREMENT AND SAVINGS PLAN
| Measure | Date | Value |
|---|
| 2025 : SKOLNIK INDUSTRIES, INC EMPLOYEE RETIREMENT AND SAVINGS PLAN 2025 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2025-10-03 | 1648709 |
| Net assets as of the end of the plan year | 2025-10-03 | 10178298 |
| Total assets as of the beginning of the plan year | 2025-10-03 | 9513111 |
| Value of plan covered by a fidelity bond | 2025-10-03 | 500000 |
| Participant contributions to plan in this plan year | 2025-10-03 | 431780 |
| Other income to plan in this plan year | 2025-10-03 | 1547913 |
| Plan net income in this plan year | 2025-10-03 | 665187 |
| Net assets as of the end of the plan year | 2025-10-03 | 10178298 |
| Net assets as of the beginning of the plan year | 2025-10-03 | 9513111 |
| Value of contributions failed to transmitted timely | 2025-10-03 | 546 |
| Employer contributions to plan in this plan year | 2025-10-03 | 334203 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-10-03 | 41703 |
| 2024 : SKOLNIK INDUSTRIES, INC EMPLOYEE RETIREMENT AND SAVINGS PLAN 2024 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2024-09-13 | 395917 |
| Net assets as of the end of the plan year | 2024-09-13 | 9513111 |
| Total assets as of the beginning of the plan year | 2024-09-13 | 7700233 |
| Value of plan covered by a fidelity bond | 2024-09-13 | 500000 |
| Participant contributions to plan in this plan year | 2024-09-13 | 382634 |
| Other income to plan in this plan year | 2024-09-13 | 1550982 |
| Plan net income in this plan year | 2024-09-13 | 1812878 |
| Net assets as of the end of the plan year | 2024-09-13 | 9513111 |
| Net assets as of the beginning of the plan year | 2024-09-13 | 7700233 |
| Value of contributions failed to transmitted timely | 2024-09-13 | 546 |
| Employer contributions to plan in this plan year | 2024-09-13 | 275179 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-09-13 | 44335 |
| 2013 : SKOLNIK INDUSTRIES, INC EMPLOYEE RETIREMENT AND SAVINGS PLAN 2013 401k financial data |
|---|
| Total income from all sources | 2013-12-31 | $673,458 |
| Expenses. Total of all expenses incurred | 2013-12-31 | $95,767 |
| Benefits paid (including direct rollovers) | 2013-12-31 | $87,046 |
| Total plan assets at end of year | 2013-12-31 | $3,033,211 |
| Total plan assets at beginning of year | 2013-12-31 | $2,455,520 |
| Value of fidelity bond covering the plan | 2013-12-31 | $400,000 |
| Total contributions received or receivable from participants | 2013-12-31 | $173,124 |
| Expenses. Other expenses not covered elsewhere | 2013-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2013-12-31 | $0 |
| Other income received | 2013-12-31 | $382,533 |
| Net income (gross income less expenses) | 2013-12-31 | $577,691 |
| Net plan assets at end of year (total assets less liabilities) | 2013-12-31 | $3,033,211 |
| Net plan assets at beginning of year (total assets less liabilities) | 2013-12-31 | $2,455,520 |
| Total contributions received or receivable from employer(s) | 2013-12-31 | $117,801 |
| Value of certain deemed distributions of participant loans | 2013-12-31 | $0 |
| Value of corrective distributions | 2013-12-31 | $52 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2013-12-31 | $8,669 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| 2012 : SKOLNIK INDUSTRIES, INC EMPLOYEE RETIREMENT AND SAVINGS PLAN 2012 401k financial data |
|---|
| Total income from all sources | 2012-12-31 | $468,064 |
| Expenses. Total of all expenses incurred | 2012-12-31 | $175,595 |
| Benefits paid (including direct rollovers) | 2012-12-31 | $167,315 |
| Total plan assets at end of year | 2012-12-31 | $2,455,520 |
| Total plan assets at beginning of year | 2012-12-31 | $2,163,051 |
| Value of fidelity bond covering the plan | 2012-12-31 | $275,000 |
| Total contributions received or receivable from participants | 2012-12-31 | $170,618 |
| Expenses. Other expenses not covered elsewhere | 2012-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2012-12-31 | $0 |
| Other income received | 2012-12-31 | $176,484 |
| Net income (gross income less expenses) | 2012-12-31 | $292,469 |
| Net plan assets at end of year (total assets less liabilities) | 2012-12-31 | $2,455,520 |
| Net plan assets at beginning of year (total assets less liabilities) | 2012-12-31 | $2,163,051 |
| Total contributions received or receivable from employer(s) | 2012-12-31 | $120,962 |
| Value of certain deemed distributions of participant loans | 2012-12-31 | $0 |
| Value of corrective distributions | 2012-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2012-12-31 | $8,280 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| 2013: SKOLNIK INDUSTRIES, INC EMPLOYEE RETIREMENT AND SAVINGS PLAN 2013 form 5500 responses |
|---|
| 2013-01-01 | Type of plan entity | Single employer plan |
| 2013-01-01 | Submission has been amended | No |
| 2013-01-01 | This submission is the final filing | No |
| 2013-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2013-01-01 | Plan is a collectively bargained plan | No |
| 2013-01-01 | Plan funding arrangement – Insurance | Yes |
| 2013-01-01 | Plan funding arrangement – Trust | Yes |
| 2013-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2013-01-01 | Plan benefit arrangement - Trust | Yes |
| 2012: SKOLNIK INDUSTRIES, INC EMPLOYEE RETIREMENT AND SAVINGS PLAN 2012 form 5500 responses |
|---|
| 2012-01-01 | Type of plan entity | Single employer plan |
| 2012-01-01 | Submission has been amended | No |
| 2012-01-01 | This submission is the final filing | No |
| 2012-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2012-01-01 | Plan is a collectively bargained plan | No |
| 2012-01-01 | Plan funding arrangement – Insurance | Yes |
| 2012-01-01 | Plan funding arrangement – Trust | Yes |
| 2012-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2012-01-01 | Plan benefit arrangement - Trust | Yes |
