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STANDARD COMPONENTS, INC. 401K & PROFIT SHARING PLAN 401k Plan overview

Plan NameSTANDARD COMPONENTS, INC. 401K & PROFIT SHARING PLAN
Plan identification number 001

STANDARD COMPONENTS, INC. 401K & PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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

STANDARD COMPONENTS, INC. has sponsored the creation of one or more 401k plans.

Company Name:STANDARD COMPONENTS, INC.
Employer identification number (EIN):383609808
NAIC Classification:811310
NAIC Description:Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

Additional information about STANDARD COMPONENTS, INC.

Jurisdiction of Incorporation: Michigan Secretary of State
Incorporation Date: 0000-00-00
Company Identification Number: 08073C
Legal Registered Office Address: PHOENIX DR STERLING HEIGHTS 48314


United States of America (USA)
44208

More information about STANDARD COMPONENTS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan STANDARD COMPONENTS, INC. 401K & 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
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01JOSEPH LUCENT2013-07-19
0012011-01-01JOSEPH LUCENT2012-07-27
0012010-01-01JOSEPH LUCENT2011-10-03

Financial Data on STANDARD COMPONENTS, INC. 401K & PROFIT SHARING PLAN

Measure Date Value
2025 : STANDARD COMPONENTS, INC. 401K & PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-01429727
Net assets as of the end of the plan year2025-05-013114071
Total assets as of the beginning of the plan year2025-05-013009084
Value of plan covered by a fidelity bond2025-05-01350000
Participant contributions to plan in this plan year2025-05-01118540
Value of participant loans at end of plan year2025-05-0138997
Other income to plan in this plan year2025-05-01416174
Plan net income in this plan year2025-05-01104987
Net assets as of the end of the plan year2025-05-013114071
Net assets as of the beginning of the plan year2025-05-013009084
Fees paid to broker by Benefit Provider2025-05-011538
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-0121138
2024 : STANDARD COMPONENTS, INC. 401K & PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-12366682
Net assets as of the end of the plan year2024-06-123009084
Total assets as of the beginning of the plan year2024-06-122771730
Value of plan covered by a fidelity bond2024-06-12350000
Participant contributions to plan in this plan year2024-06-12106819
Value of participant loans at end of plan year2024-06-127634
Other income to plan in this plan year2024-06-12497217
Plan net income in this plan year2024-06-12237354
Net assets as of the end of the plan year2024-06-123009084
Net assets as of the beginning of the plan year2024-06-122771730
Fees paid to broker by Benefit Provider2024-06-121478
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-1220183
2022 : STANDARD COMPONENTS, INC. 401K & PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-06-1752136
Net assets as of the end of the plan year2022-06-173248956
Total assets as of the beginning of the plan year2022-06-172760719
Value of plan covered by a fidelity bond2022-06-17350000
Participant contributions to plan in this plan year2022-06-17122061
Value of participant loans at end of plan year2022-06-1782163
Other income to plan in this plan year2022-06-17418312
Plan net income in this plan year2022-06-17488237
Net assets as of the end of the plan year2022-06-173248956
Net assets as of the beginning of the plan year2022-06-172760719
Fees paid to broker by Benefit Provider2022-06-171500
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-1724355

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