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J & J TOOL COMPANY, INC. 401(K) PLAN 401k Plan overview

Plan NameJ & J TOOL COMPANY, INC. 401(K) PLAN
Plan identification number 001

J & J TOOL COMPANY, INC. 401(K) 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

J & J TOOL COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name:J & J TOOL COMPANY, INC.
Employer identification number (EIN):611160326
NAIC Classification:333510

Form 5500 Filing Information

Submission information for form 5500 for 401k plan J & J TOOL COMPANY, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MR. KENT BARGER2024-10-02
0012022-01-01MR. KENT BARGER2023-07-26
0012021-01-01MR. KENT BARGER2022-07-22
0012020-01-01MR. KENT BARGER2021-10-05
0012019-01-01MR. KENT BARGER2020-07-14
0012018-01-01MR. KENT BARGER2019-05-31
0012017-01-01MR. KENT BARGER2018-07-25

Financial Data on J & J TOOL COMPANY, INC. 401(K) PLAN

Measure Date Value
2025 : J & J TOOL COMPANY, INC. 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-09-080
Total liabilities as of the end of the plan year2025-09-080
Total liabilities as of the beginning of the plan year2025-09-080
Total expenses incurred by plan in this plan year2025-09-08160
Net assets as of the end of the plan year2025-09-08123584
Total assets as of the beginning of the plan year2025-09-0890637
Value of plan covered by a fidelity bond2025-09-0810000
Participant contributions to plan in this plan year2025-09-0812341
Other expenses paid from plan in this plan year2025-09-08160
Other contributions to plan in this plan year2025-09-080
Other income to plan in this plan year2025-09-0812533
Plan net income in this plan year2025-09-0832947
Net assets as of the end of the plan year2025-09-08123584
Net assets as of the beginning of the plan year2025-09-0890637
Employer contributions to plan in this plan year2025-09-088233
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-080
2024 : J & J TOOL COMPANY, INC. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-0244175
Net assets as of the end of the plan year2024-10-0290637
Total assets as of the beginning of the plan year2024-10-0290996
Value of plan covered by a fidelity bond2024-10-0210000
Participant contributions to plan in this plan year2024-10-0219926
Other income to plan in this plan year2024-10-0213760
Plan net income in this plan year2024-10-02-359
Net assets as of the end of the plan year2024-10-0290637
Net assets as of the beginning of the plan year2024-10-0290996
Employer contributions to plan in this plan year2024-10-0210130
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-02375
2022 : J & J TOOL COMPANY, INC. 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-07-2211080
Net assets as of the end of the plan year2022-07-22204990
Total assets as of the beginning of the plan year2022-07-22161774
Value of plan covered by a fidelity bond2022-07-2230000
Participant contributions to plan in this plan year2022-07-2226760
Other income to plan in this plan year2022-07-2225305
Plan net income in this plan year2022-07-2243216
Net assets as of the end of the plan year2022-07-22204990
Net assets as of the beginning of the plan year2022-07-22161774
Employer contributions to plan in this plan year2022-07-222231
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-22290

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