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SOUTH BAY FOUNDRY, INC. 401(K) PLAN 401k Plan overview

Plan NameSOUTH BAY FOUNDRY, INC. 401(K) PLAN
Plan identification number 001

SOUTH BAY FOUNDRY, 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SOUTH BAY FOUNDRY, INC. has sponsored the creation of one or more 401k plans.

Company Name:SOUTH BAY FOUNDRY, INC.
Employer identification number (EIN):481268768
NAIC Classification:423500

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTH BAY FOUNDRY, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01TONYA BOROUGHS2024-03-29
0012022-01-01TONYA BOROUGHS2023-04-20
0012021-01-01KYLE WALKER2022-07-26
0012020-01-01KYLE WALKER2021-07-28
0012019-01-01KYLE WALKER2020-07-31
0012018-01-01KYLE WALKER2019-10-15
0012017-01-01SHEILA THOMPSON2018-06-19
0012016-01-01SHEILA THOMPSON2017-10-05
0012014-01-01YOLANDA ALVAREZ2015-07-06
0012013-01-01YOLANDA ALVAREZ2014-05-30
0012012-01-01YOLANDA ALVAREZ2013-06-12
0012011-01-01YOLANDA ALVAREZ2012-06-11
0012010-01-01YOLANDA ALVAREZ2011-07-08

Plan Statistics for SOUTH BAY FOUNDRY, INC. 401(K) PLAN

401k plan membership statisitcs for SOUTH BAY FOUNDRY, INC. 401(K) PLAN

Measure Date Value
2025: SOUTH BAY FOUNDRY, INC. 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-06-2551
Total number of particpants at end of year2025-06-2551
Number of Participants With Account Balances2025-06-2538
2024: SOUTH BAY FOUNDRY, INC. 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-03-2956
Total number of particpants at end of year2024-03-2951
Number of Participants With Account Balances2024-03-2936
2022: SOUTH BAY FOUNDRY, INC. 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-07-2652
Total number of particpants at end of year2022-07-2656
Number of Participants With Account Balances2022-07-2630

Financial Data on SOUTH BAY FOUNDRY, INC. 401(K) PLAN

Measure Date Value
2025 : SOUTH BAY FOUNDRY, INC. 401(K) PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-06-256987
Total liabilities as of the beginning of the plan year2025-06-25111
Total expenses incurred by plan in this plan year2025-06-25466329
Net assets as of the end of the plan year2025-06-251527562
Total assets as of the beginning of the plan year2025-06-251697440
Value of plan covered by a fidelity bond2025-06-25169744
Participant contributions to plan in this plan year2025-06-2571204
Value of participant loans at end of plan year2025-06-253765
Other income to plan in this plan year2025-06-25178589
Plan net income in this plan year2025-06-25-176754
Net assets as of the end of the plan year2025-06-251520575
Net assets as of the beginning of the plan year2025-06-251697329
Employer contributions to plan in this plan year2025-06-2539782
Fees paid to broker by Benefit Provider2025-06-258133
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-2512792
2024 : SOUTH BAY FOUNDRY, INC. 401(K) PLAN 2024 401k financial data
Total liabilities as of the end of the plan year2024-03-29111
Total liabilities as of the beginning of the plan year2024-03-290
Total expenses incurred by plan in this plan year2024-03-29332799
Net assets as of the end of the plan year2024-03-291697440
Total assets as of the beginning of the plan year2024-03-291669902
Value of plan covered by a fidelity bond2024-03-29166991
Participant contributions to plan in this plan year2024-03-2982691
Value of participant loans at end of plan year2024-03-29856
Other income to plan in this plan year2024-03-29233484
Plan net income in this plan year2024-03-2927427
Net assets as of the end of the plan year2024-03-291697329
Net assets as of the beginning of the plan year2024-03-291669902
Employer contributions to plan in this plan year2024-03-2944051
Fees paid to broker by Benefit Provider2024-03-298979
Expensese paid to adminstrative service provicers from plan in this plan year2024-03-2913022
2022 : SOUTH BAY FOUNDRY, INC. 401(K) PLAN 2022 401k financial data
Total liabilities as of the end of the plan year2022-07-2615877
Total liabilities as of the beginning of the plan year2022-07-2614432
Total expenses incurred by plan in this plan year2022-07-2639183
Net assets as of the end of the plan year2022-07-262531725
Total assets as of the beginning of the plan year2022-07-262023019
Value of plan covered by a fidelity bond2022-07-26200859
Participant contributions to plan in this plan year2022-07-2686777
Value of participant loans at end of plan year2022-07-260
Other contributions to plan in this plan year2022-07-26160182
Other income to plan in this plan year2022-07-26274548
Plan net income in this plan year2022-07-26507261
Net assets as of the end of the plan year2022-07-262515848
Net assets as of the beginning of the plan year2022-07-262008587
Employer contributions to plan in this plan year2022-07-2624937
Fees paid to broker by Benefit Provider2022-07-2612263
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-2617247

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