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H & R SCREW MACHINE PRODUCTS, INC. 401(K) SALARY REDUCTION PLAN 401k Plan overview

Plan NameH & R SCREW MACHINE PRODUCTS, INC. 401(K) SALARY REDUCTION PLAN
Plan identification number 001

H & R SCREW MACHINE PRODUCTS, INC. 401(K) SALARY REDUCTION 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

H & R SCREW MACHINE PRODUCTS, INC. has sponsored the creation of one or more 401k plans.

Company Name:H & R SCREW MACHINE PRODUCTS, INC.
Employer identification number (EIN):383328420
NAIC Classification:332700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan H & R SCREW MACHINE PRODUCTS, INC. 401(K) SALARY REDUCTION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-09-01THOMAS HALLADAY2023-11-15
0012021-09-01THOMAS HALLADAY2022-11-17
0012020-09-01THOMAS HALLADAY2021-12-09
0012019-09-01THOMAS HALLADAY2020-12-14
0012018-09-01THOMAS HALLADAY2019-11-18
0012017-09-01THOMAS HALLADAY2018-12-21
0012016-09-01THOMAS HALLADAY2017-12-18
0012015-09-01THOMAS HALLADAY2016-12-02
0012014-09-01THOMAS HALLADAY2016-02-09
0012013-09-01THOMAS HALLADAY2014-12-23
0012012-09-01THOMAS HALLADAY2013-12-02
0012011-09-01THOMAS HALLADAY2012-09-24
0012010-09-01THOMAS HALLADAY2011-10-19

Financial Data on H & R SCREW MACHINE PRODUCTS, INC. 401(K) SALARY REDUCTION PLAN

Measure Date Value
2009 : H & R SCREW MACHINE PRODUCTS, INC. 401(K) SALARY REDUCTION PLAN 2009 401k financial data
Total plan liabilities at beginning of year2009-08-31$0
Total income from all sources2009-08-31$-7,884
Expenses. Total of all expenses incurred2009-08-31$7,394
Total plan assets at end of year2009-08-31$653,464
Total plan assets at beginning of year2009-08-31$668,742
Value of fidelity bond covering the plan2009-08-31$200,000
Total contributions received or receivable from participants2009-08-31$39,102
Other income received2009-08-31$-56,880
Net income (gross income less expenses)2009-08-31$-15,278
Net plan assets at end of year (total assets less liabilities)2009-08-31$653,464
Net plan assets at beginning of year (total assets less liabilities)2009-08-31$668,742
Assets. Value of participant loans2009-08-31$53,016
Total contributions received or receivable from employer(s)2009-08-31$9,894
Expenses. Administrative service providers (salaries,fees and commissions)2009-08-31$7,394
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-08-31$0

Insurance Providers Used on plan

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract numberGP88363
Policy instance 1
Insurance contract or identification numberGP88363
Number of Individuals Covered23
Insurance policy start date2008-09-01
Insurance policy end date2009-08-31
Total amount of commissions paid to insurance brokerUSD $2,607
Total amount of fees paid to insurance companyUSD $652
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $705
Insurance broker organization code?4
Amount paid for insurance broker fees176
Additional information about fees paid to insurance brokerMARKETING ALLOWANCE
Insurance broker namePRINCOR FINANCIAL COR

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