GREAT LAKES FRICTION PRODUCTS has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan GREAT LAKES FRICTION PRODUCTS 401(K) PROFIT SHARING PLAN & TRUST
| Measure | Date | Value |
|---|
| 2024 : GREAT LAKES FRICTION PRODUCTS 401(K) PROFIT SHARING PLAN & TRUST 2024 401k financial data |
|---|
| Transfers to/from the plan | 2024-01-01 | $0 |
| Total plan liabilities at end of year | 2024-01-01 | $0 |
| Total plan liabilities at beginning of year | 2024-01-01 | $0 |
| Total income from all sources | 2024-01-01 | $940,454 |
| Expenses. Total of all expenses incurred | 2024-01-01 | $538,498 |
| Benefits paid (including direct rollovers) | 2024-01-01 | $532,127 |
| Total plan assets at end of year | 2024-01-01 | $7,588,287 |
| Total plan assets at beginning of year | 2024-01-01 | $7,186,331 |
| Value of fidelity bond covering the plan | 2024-01-01 | $500,000 |
| Total contributions received or receivable from participants | 2024-01-01 | $66,885 |
| Expenses. Other expenses not covered elsewhere | 2024-01-01 | $0 |
| Contributions received from other sources (not participants or employers) | 2024-01-01 | $0 |
| Other income received | 2024-01-01 | $838,321 |
| Net income (gross income less expenses) | 2024-01-01 | $401,956 |
| Net plan assets at end of year (total assets less liabilities) | 2024-01-01 | $7,588,287 |
| Net plan assets at beginning of year (total assets less liabilities) | 2024-01-01 | $7,186,331 |
| Total contributions received or receivable from employer(s) | 2024-01-01 | $35,248 |
| Value of certain deemed distributions of participant loans | 2024-01-01 | $0 |
| Value of corrective distributions | 2024-01-01 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2024-01-01 | $6,371 |
| 2023 : GREAT LAKES FRICTION PRODUCTS 401(K) PROFIT SHARING PLAN & TRUST 2023 401k financial data |
|---|
| Transfers to/from the plan | 2023-12-31 | $0 |
| Total plan liabilities at end of year | 2023-12-31 | $0 |
| Total plan liabilities at beginning of year | 2023-12-31 | $0 |
| Total income from all sources | 2023-12-31 | $1,790,561 |
| Expenses. Total of all expenses incurred | 2023-12-31 | $164,798 |
| Benefits paid (including direct rollovers) | 2023-12-31 | $159,633 |
| Total plan assets at end of year | 2023-12-31 | $7,186,331 |
| Total plan assets at beginning of year | 2023-12-31 | $5,560,568 |
| Value of fidelity bond covering the plan | 2023-12-31 | $0 |
| Total contributions received or receivable from participants | 2023-12-31 | $97,227 |
| Expenses. Other expenses not covered elsewhere | 2023-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2023-12-31 | $0 |
| Other income received | 2023-12-31 | $1,646,088 |
| Net income (gross income less expenses) | 2023-12-31 | $1,625,763 |
| Net plan assets at end of year (total assets less liabilities) | 2023-12-31 | $7,186,331 |
| Net plan assets at beginning of year (total assets less liabilities) | 2023-12-31 | $5,560,568 |
| Total contributions received or receivable from employer(s) | 2023-12-31 | $47,246 |
| Value of certain deemed distributions of participant loans | 2023-12-31 | $0 |
| Value of corrective distributions | 2023-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2023-12-31 | $5,165 |
| 2022 : GREAT LAKES FRICTION PRODUCTS 401(K) PROFIT SHARING PLAN & TRUST 2022 401k financial data |
|---|
| Transfers to/from the plan | 2022-12-31 | $0 |
| Total plan liabilities at end of year | 2022-12-31 | $0 |
| Total plan liabilities at beginning of year | 2022-12-31 | $0 |
| Total income from all sources | 2022-12-31 | $-1,766,701 |
| Expenses. Total of all expenses incurred | 2022-12-31 | $48,243 |
| Benefits paid (including direct rollovers) | 2022-12-31 | $44,093 |
| Total plan assets at end of year | 2022-12-31 | $5,560,568 |
| Total plan assets at beginning of year | 2022-12-31 | $7,375,512 |
| Value of fidelity bond covering the plan | 2022-12-31 | $500,000 |
| Total contributions received or receivable from participants | 2022-12-31 | $108,797 |
| Expenses. Other expenses not covered elsewhere | 2022-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2022-12-31 | $0 |
| Other income received | 2022-12-31 | $-1,923,639 |
| Net income (gross income less expenses) | 2022-12-31 | $-1,814,944 |
| Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $5,560,568 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $7,375,512 |
| Total contributions received or receivable from employer(s) | 2022-12-31 | $48,141 |
| Value of certain deemed distributions of participant loans | 2022-12-31 | $0 |
| Value of corrective distributions | 2022-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2022-12-31 | $4,150 |
