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STANDARD TOOL & MANUFACTURING CO INC 401(K) PLAN 401k Plan overview

Plan NameSTANDARD TOOL & MANUFACTURING CO INC 401(K) PLAN
Plan identification number 001

STANDARD TOOL & MANUFACTURING CO INC 401(K) 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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 TOOL & MANUFACTURING CO INC has sponsored the creation of one or more 401k plans.

Company Name:STANDARD TOOL & MANUFACTURING CO INC
Employer identification number (EIN):431679736
NAIC Classification:339900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan STANDARD TOOL & MANUFACTURING CO INC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01PATTY SANCHEZ2024-09-25
0012022-01-01PATTY SANCHEZ2023-07-27
0012021-01-01PATTY SANCHEZ2022-07-29
0012020-01-01PATTY SANCHEZ2021-09-15
0012019-01-01PATTY SANCHEZ2020-08-11
0012018-01-01
0012017-01-01
0012016-01-01CAROL ALDRICH2017-08-09
0012014-01-01DON MARKWARDT2015-07-10
0012013-01-01ROSE RAJKOWSKI2014-07-16
0012012-01-01RACHEL BOSWORTH2013-06-28
0012011-01-01RICHARD FURSETH2012-07-03
0012010-01-01KRISSY HEINS2011-07-22

Plan Statistics for STANDARD TOOL & MANUFACTURING CO INC 401(K) PLAN

401k plan membership statisitcs for STANDARD TOOL & MANUFACTURING CO INC 401(K) PLAN

Measure Date Value
2025: STANDARD TOOL & MANUFACTURING CO INC 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-09-199
Total number of particpants at end of year2025-09-1911
Number of Participants With Account Balances2025-09-197
2024: STANDARD TOOL & MANUFACTURING CO INC 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-2510
Total number of particpants at end of year2024-09-259
Number of Participants With Account Balances2024-09-257
2022: STANDARD TOOL & MANUFACTURING CO INC 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-07-2910
Total number of particpants at end of year2022-07-2911
Number of Participants With Account Balances2022-07-299

Financial Data on STANDARD TOOL & MANUFACTURING CO INC 401(K) PLAN

Measure Date Value
2025 : STANDARD TOOL & MANUFACTURING CO INC 401(K) PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-09-190
Total expenses incurred by plan in this plan year2025-09-1941511
Net assets as of the end of the plan year2025-09-191466946
Total assets as of the beginning of the plan year2025-09-191229379
Value of plan covered by a fidelity bond2025-09-19250000
Participant contributions to plan in this plan year2025-09-1941441
Other income to plan in this plan year2025-09-19224331
Plan net income in this plan year2025-09-19237567
Net assets as of the end of the plan year2025-09-191466946
Net assets as of the beginning of the plan year2025-09-191229379
Employer contributions to plan in this plan year2025-09-1913306
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-1917791
2024 : STANDARD TOOL & MANUFACTURING CO INC 401(K) PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-09-250
Total expenses incurred by plan in this plan year2024-09-2534812
Net assets as of the end of the plan year2024-09-251229379
Total assets as of the beginning of the plan year2024-09-25952256
Value of plan covered by a fidelity bond2024-09-25250000
Participant contributions to plan in this plan year2024-09-2541067
Other contributions to plan in this plan year2024-09-253676
Other income to plan in this plan year2024-09-25254256
Plan net income in this plan year2024-09-25277123
Net assets as of the end of the plan year2024-09-251229379
Net assets as of the beginning of the plan year2024-09-25952256
Employer contributions to plan in this plan year2024-09-2512936
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-2516062
2022 : STANDARD TOOL & MANUFACTURING CO INC 401(K) PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-07-290
Total expenses incurred by plan in this plan year2022-07-2917464
Net assets as of the end of the plan year2022-07-291231998
Total assets as of the beginning of the plan year2022-07-29972553
Value of plan covered by a fidelity bond2022-07-29250000
Participant contributions to plan in this plan year2022-07-2946555
Other income to plan in this plan year2022-07-29214847
Plan net income in this plan year2022-07-29259445
Net assets as of the end of the plan year2022-07-291231998
Net assets as of the beginning of the plan year2022-07-29972553
Employer contributions to plan in this plan year2022-07-2915507
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-2917464

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