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GRAND RAPIDS METALTEK, INC 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameGRAND RAPIDS METALTEK, INC 401(K) PROFIT SHARING PLAN
Plan identification number 001

GRAND RAPIDS METALTEK, INC 401(K) PROFIT SHARING 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

GRAND RAPIDS METALTEK, INC has sponsored the creation of one or more 401k plans.

Company Name:GRAND RAPIDS METALTEK, INC
Employer identification number (EIN):382376637
NAIC Classification:332900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GRAND RAPIDS METALTEK, INC 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012018-01-01
0012017-01-01TRENA BRESKY2018-03-30 TRENA BRESKY2018-03-30
0012016-01-01TRENA BRESKY2017-07-18 TRENA BRESKY2017-07-18
0012015-01-01PAUL BULTINCK2016-07-13 PAUL BULTINCK2016-07-13
0012014-01-01TRENA BRESKY2015-07-10 TRENA BRESKY2015-07-10
0012013-01-01TRENA BRESKY2014-07-08 TRENA BRESKY2014-07-08
0012012-01-01TRENA BRESKY2013-06-11 TRENA BRESKY2013-06-11
0012011-01-01TRENA BRESKY2012-06-27 TRENA BRESKY2012-06-27
0012010-01-01TRENA KLINE2011-07-13 TRENA KLINE2011-07-13

Plan Statistics for GRAND RAPIDS METALTEK, INC 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for GRAND RAPIDS METALTEK, INC 401(K) PROFIT SHARING PLAN

Measure Date Value
2025: GRAND RAPIDS METALTEK, INC 401(K) PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-0352
Total number of particpants at end of year2025-07-0352
Number of Participants With Account Balances2025-07-0348
2024: GRAND RAPIDS METALTEK, INC 401(K) PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-0256
Total number of particpants at end of year2024-07-0252
Number of Participants With Account Balances2024-07-0250

Financial Data on GRAND RAPIDS METALTEK, INC 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : GRAND RAPIDS METALTEK, INC 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-030
Total expenses incurred by plan in this plan year2025-07-03323209
Net assets as of the end of the plan year2025-07-033346789
Total assets as of the beginning of the plan year2025-07-032970591
Value of plan covered by a fidelity bond2025-07-03350000
Participant contributions to plan in this plan year2025-07-03234803
Value of participant loans at end of plan year2025-07-0367858
Other contributions to plan in this plan year2025-07-030
Other income to plan in this plan year2025-07-03361726
Plan net income in this plan year2025-07-03376198
Net assets as of the end of the plan year2025-07-033346789
Net assets as of the beginning of the plan year2025-07-032970591
Employer contributions to plan in this plan year2025-07-03102878
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-0318127
2024 : GRAND RAPIDS METALTEK, INC 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-020
Total expenses incurred by plan in this plan year2024-07-02436191
Net assets as of the end of the plan year2024-07-022970591
Total assets as of the beginning of the plan year2024-07-022633044
Value of plan covered by a fidelity bond2024-07-02350000
Participant contributions to plan in this plan year2024-07-02226685
Value of participant loans at end of plan year2024-07-0295668
Other contributions to plan in this plan year2024-07-0214950
Other income to plan in this plan year2024-07-02430464
Plan net income in this plan year2024-07-02337547
Net assets as of the end of the plan year2024-07-022970591
Net assets as of the beginning of the plan year2024-07-022633044
Employer contributions to plan in this plan year2024-07-02101639
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-0214907

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