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GREAT LAKES METALS CORPORATION 401(K) P/S PLAN 401k Plan overview

Plan NameGREAT LAKES METALS CORPORATION 401(K) P/S PLAN
Plan identification number 001

GREAT LAKES METALS CORPORATION 401(K) P/S PLAN 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

GREAT LAKES METALS CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:GREAT LAKES METALS CORPORATION
Employer identification number (EIN):363949991
NAIC Classification:423500

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GREAT LAKES METALS CORPORATION 401(K) P/S PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DONNA M HERPICH2024-10-10
0012022-01-01DONNA HERPICH2023-02-13
0012021-01-01DONNA HERPICH2022-06-09
0012020-01-01DONNA HERPICH2021-05-03
0012018-01-01DONNA HERPICH2019-04-08
0012017-01-01DONNA HERPICH2018-06-07
0012016-01-01DONNA HERPICH2017-03-24
0012013-01-01DONNA HERPICH2014-06-24
0012012-01-01DONNA HERPICH2013-06-19
0012011-01-01DONNA HERPICH2012-05-16
0012010-01-01DONNA HERPICH2011-03-18

Plan Statistics for GREAT LAKES METALS CORPORATION 401(K) P/S PLAN

401k plan membership statisitcs for GREAT LAKES METALS CORPORATION 401(K) P/S PLAN

Measure Date Value
2025: GREAT LAKES METALS CORPORATION 401(K) P/S PLAN 2025 401k membership
Total number of particpants at beginning of year2025-05-055
Total number of particpants at end of year2025-05-055
Number of Participants With Account Balances2025-05-055
2024: GREAT LAKES METALS CORPORATION 401(K) P/S PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-105
Total number of particpants at end of year2024-10-105
Number of Participants With Account Balances2024-10-105

Financial Data on GREAT LAKES METALS CORPORATION 401(K) P/S PLAN

Measure Date Value
2025 : GREAT LAKES METALS CORPORATION 401(K) P/S PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-05-050
Total expenses incurred by plan in this plan year2025-05-0526602
Net assets as of the end of the plan year2025-05-05668309
Total assets as of the beginning of the plan year2025-05-05616930
Value of plan covered by a fidelity bond2025-05-0550000
Participant contributions to plan in this plan year2025-05-05720
Value of participant loans at end of plan year2025-05-0549943
Other income to plan in this plan year2025-05-0565649
Plan net income in this plan year2025-05-0551379
Net assets as of the end of the plan year2025-05-05668309
Net assets as of the beginning of the plan year2025-05-05616930
Employer contributions to plan in this plan year2025-05-0511612
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-051056
2024 : GREAT LAKES METALS CORPORATION 401(K) P/S PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-10-100
Total expenses incurred by plan in this plan year2024-10-1021838
Net assets as of the end of the plan year2024-10-10616930
Total assets as of the beginning of the plan year2024-10-10536176
Value of plan covered by a fidelity bond2024-10-1050000
Participant contributions to plan in this plan year2024-10-1030690
Value of participant loans at end of plan year2024-10-1049109
Other income to plan in this plan year2024-10-1060821
Plan net income in this plan year2024-10-1080754
Net assets as of the end of the plan year2024-10-10616930
Net assets as of the beginning of the plan year2024-10-10536176
Employer contributions to plan in this plan year2024-10-1011081
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-10860

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