401k Plan data: 401K SAFE, LLC MULTIPLE EMPLOYER 401(K) PLAN plan

401K SAFE, LLC MULTIPLE EMPLOYER 401(K) PLAN 401k Plan overview

Plan Name	401K SAFE, LLC MULTIPLE EMPLOYER 401(K) PLAN
Plan identification number	002

401K SAFE, LLC MULTIPLE EMPLOYER 401(K) PLAN Benefits

401k Plan Type

Defined 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

OIL EQUIPMENT COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name: OIL EQUIPMENT COMPANY, INC.

Employer identification number (EIN): 630381746

NAIC Classification: 423800

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 401K SAFE, LLC MULTIPLE EMPLOYER 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01 GEOFFREY A. SMITH 2024-07-07
002 2022-01-01 GEOFFREY A. SMITH 2023-07-18
002 2021-01-01 GEOFFREY A. SMITH 2022-06-22
002 2020-01-01 GEOFFREY A. SMITH 2021-04-06
002 2020-01-01 GEOFFREY A. SMITH 2021-10-08
002 2019-01-01 GEOFFREY A. SMITH 2020-06-23
002 2018-01-01 GEOFFREY A. SMITH 2019-10-10 GEOFFREY A. SMITH 2019-10-10
002 2017-01-01 LEE LICHTENSTEIN 2018-09-10
002 2016-01-01 LEE LICHTENSTEIN 2017-05-30
002 2015-01-01 LEE LICHTENSTEIN 2016-07-05
002 2014-01-01 LEE LICHTENSTEIN 2015-07-29
002 2013-01-01 LEE LICHTENSTEIN 2014-06-23

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2023-01-01	GEOFFREY A. SMITH	2024-07-07
002	2022-01-01	GEOFFREY A. SMITH	2023-07-18
002	2021-01-01	GEOFFREY A. SMITH	2022-06-22
002	2020-01-01	GEOFFREY A. SMITH	2021-04-06
002	2020-01-01	GEOFFREY A. SMITH	2021-10-08
002	2019-01-01	GEOFFREY A. SMITH	2020-06-23
002	2018-01-01	GEOFFREY A. SMITH	2019-10-10	GEOFFREY A. SMITH	2019-10-10
002	2017-01-01	LEE LICHTENSTEIN	2018-09-10
002	2016-01-01	LEE LICHTENSTEIN	2017-05-30
002	2015-01-01	LEE LICHTENSTEIN	2016-07-05
002	2014-01-01	LEE LICHTENSTEIN	2015-07-29
002	2013-01-01	LEE LICHTENSTEIN	2014-06-23

Plan Statistics for 401K SAFE, LLC MULTIPLE EMPLOYER 401(K) PLAN

401k plan membership statisitcs for 401K SAFE, LLC MULTIPLE EMPLOYER 401(K) PLAN

Measure Date Value
2024: 401K SAFE, LLC MULTIPLE EMPLOYER 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year 2024-07-07 48
Total number of particpants at end of year 2024-07-07 47
Number of Participants With Account Balances 2024-07-07 47
2022: 401K SAFE, LLC MULTIPLE EMPLOYER 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year 2022-06-22 46
Total number of particpants at end of year 2022-06-22 45
Number of Participants With Account Balances 2022-06-22 45

Measure	Date	Value
2024: 401K SAFE, LLC MULTIPLE EMPLOYER 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year	2024-07-07	48
Total number of particpants at end of year	2024-07-07	47
Number of Participants With Account Balances	2024-07-07	47
2022: 401K SAFE, LLC MULTIPLE EMPLOYER 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year	2022-06-22	46
Total number of particpants at end of year	2022-06-22	45
Number of Participants With Account Balances	2022-06-22	45

Financial Data on 401K SAFE, LLC MULTIPLE EMPLOYER 401(K) PLAN

Measure	Date	Value
2024 : 401K SAFE, LLC MULTIPLE EMPLOYER 401(K) PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year	2024-07-07	0
Total expenses incurred by plan in this plan year	2024-07-07	88744
Net assets as of the end of the plan year	2024-07-07	4125739
Total assets as of the beginning of the plan year	2024-07-07	3270282
Value of plan covered by a fidelity bond	2024-07-07	353000
Participant contributions to plan in this plan year	2024-07-07	169434
Value of participant loans at end of plan year	2024-07-07	87459
Other income to plan in this plan year	2024-07-07	598693
Plan net income in this plan year	2024-07-07	855457
Net assets as of the end of the plan year	2024-07-07	4125739
Net assets as of the beginning of the plan year	2024-07-07	3270282
Employer contributions to plan in this plan year	2024-07-07	176074
Expensese paid to adminstrative service provicers from plan in this plan year	2024-07-07	21453
2022 : 401K SAFE, LLC MULTIPLE EMPLOYER 401(K) PLAN 2022 401k financial data
Total liabilities as of the end of the plan year	2022-06-22	0
Total liabilities as of the beginning of the plan year	2022-06-22	0
Total expenses incurred by plan in this plan year	2022-06-22	546142
Net assets as of the end of the plan year	2022-06-22	3696802
Total assets as of the beginning of the plan year	2022-06-22	3439282
Value of plan covered by a fidelity bond	2022-06-22	344000
Participant contributions to plan in this plan year	2022-06-22	178340
Value of participant loans at end of plan year	2022-06-22	19065
Other contributions to plan in this plan year	2022-06-22	36423
Other income to plan in this plan year	2022-06-22	498810
Plan net income in this plan year	2022-06-22	257520
Net assets as of the end of the plan year	2022-06-22	3696802
Net assets as of the beginning of the plan year	2022-06-22	3439282
Employer contributions to plan in this plan year	2022-06-22	90089
Expensese paid to adminstrative service provicers from plan in this plan year	2022-06-22	25269

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Company Name:	OIL EQUIPMENT COMPANY, INC.
Employer identification number (EIN):	630381746
NAIC Classification:	423800