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SHEET METAL AUTOMATION INC 401K PLAN 401k Plan overview

Plan NameSHEET METAL AUTOMATION INC 401K PLAN
Plan identification number 001

SHEET METAL AUTOMATION INC 401K 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

SHEET METAL AUTOMATION INC has sponsored the creation of one or more 401k plans.

Company Name:SHEET METAL AUTOMATION INC
Employer identification number (EIN):421395619
NAIC Classification:238290
NAIC Description:Other Building Equipment Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SHEET METAL AUTOMATION INC 401K 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
0012016-01-01AMANDA MIELKE2017-06-26
0012015-01-01KATIE OBREMSKI2016-05-16
0012014-01-01KAYLA BRISSI2015-07-08
0012013-01-01FIACRE BRISSI2014-06-11
0012012-01-01RACHEL BOSWORTH2013-07-11
0012011-01-01RICHARD FURSETH2012-07-04
0012010-01-01CHERYL L. HOLUB2011-07-29 CHERYL L. HOLUB2011-07-29

Plan Statistics for SHEET METAL AUTOMATION INC 401K PLAN

401k plan membership statisitcs for SHEET METAL AUTOMATION INC 401K PLAN

Measure Date Value
2025: SHEET METAL AUTOMATION INC 401K PLAN 2025 401k membership
Total number of particpants at beginning of year2025-05-235
Total number of particpants at end of year2025-05-235
Number of Participants With Account Balances2025-05-235
2024: SHEET METAL AUTOMATION INC 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-08-305
Total number of particpants at end of year2024-08-305
Number of Participants With Account Balances2024-08-305
2022: SHEET METAL AUTOMATION INC 401K PLAN 2022 401k membership
Total number of particpants at beginning of year2022-09-306
Total number of particpants at end of year2022-09-306
Number of Participants With Account Balances2022-09-306

Financial Data on SHEET METAL AUTOMATION INC 401K PLAN

Measure Date Value
2025 : SHEET METAL AUTOMATION INC 401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-235836
Net assets as of the end of the plan year2025-05-231518988
Total assets as of the beginning of the plan year2025-05-231262341
Value of plan covered by a fidelity bond2025-05-23150000
Participant contributions to plan in this plan year2025-05-2368054
Other income to plan in this plan year2025-05-23149344
Plan net income in this plan year2025-05-23256647
Net assets as of the end of the plan year2025-05-231518988
Net assets as of the beginning of the plan year2025-05-231262341
Employer contributions to plan in this plan year2025-05-2345085
Fees paid to broker by Benefit Provider2025-05-23678
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-235831
2024 : SHEET METAL AUTOMATION INC 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-08-304531
Net assets as of the end of the plan year2024-08-301262341
Total assets as of the beginning of the plan year2024-08-30996495
Value of plan covered by a fidelity bond2024-08-30150000
Participant contributions to plan in this plan year2024-08-3067329
Other income to plan in this plan year2024-08-30157035
Plan net income in this plan year2024-08-30265846
Net assets as of the end of the plan year2024-08-301262341
Net assets as of the beginning of the plan year2024-08-30996495
Employer contributions to plan in this plan year2024-08-3046013
Fees paid to broker by Benefit Provider2024-08-30529
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-304531
2022 : SHEET METAL AUTOMATION INC 401K PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-09-305828
Net assets as of the end of the plan year2022-09-301536742
Total assets as of the beginning of the plan year2022-09-301286622
Value of plan covered by a fidelity bond2022-09-30150000
Participant contributions to plan in this plan year2022-09-3041893
Other income to plan in this plan year2022-09-30170128
Plan net income in this plan year2022-09-30250120
Net assets as of the end of the plan year2022-09-301536742
Net assets as of the beginning of the plan year2022-09-301286622
Employer contributions to plan in this plan year2022-09-3043927
Fees paid to broker by Benefit Provider2022-09-301351
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-305828

Potentially related plans

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