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SMITH & SONS CONSTRUCTION - WELDING INC. 401(K) PLAN 401k Plan overview

Plan NameSMITH & SONS CONSTRUCTION - WELDING INC. 401(K) PLAN
Plan identification number 001

SMITH & SONS CONSTRUCTION - WELDING 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.

401k Sponsoring company profile

SMITH & SONS CONSTRUCTION - WELDING has sponsored the creation of one or more 401k plans.

Company Name:SMITH & SONS CONSTRUCTION - WELDING
Employer identification number (EIN):850390986
NAIC Classification:237990
NAIC Description:Other Heavy and Civil Engineering Construction

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SMITH & SONS CONSTRUCTION - WELDING INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01RANDY SMITH2024-07-22 SHERRY SMITH2024-07-22
0012022-01-01RANDY SMITH2023-07-06 SHERRY SMITH2023-07-06
0012021-01-01RANDY SMITH2022-04-27 SHERRY SMITH2022-04-27
0012020-01-01RANDY SMITH2021-04-16 SHERRY SMITH2021-04-16
0012018-01-01RANDY SMITH2019-04-29 SHERRY SMITH2019-04-29
0012017-01-01RANDY SMITH2018-05-10 SHERRY SMITH2018-05-10
0012016-01-01RANDY SMITH2017-07-11 SHERRY SMITH2017-07-11
0012015-01-01
0012013-01-01RANDY J. SMITH2014-05-01
0012012-01-01RANDY J. SMITH2013-03-13
0012011-01-01SHERRY SMITH2012-08-15 SHERRY SMITH2012-08-15
0012010-01-01SHERRY SMITH2011-06-24

Plan Statistics for SMITH & SONS CONSTRUCTION - WELDING INC. 401(K) PLAN

401k plan membership statisitcs for SMITH & SONS CONSTRUCTION - WELDING INC. 401(K) PLAN

Measure Date Value
2025: SMITH & SONS CONSTRUCTION - WELDING INC. 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-06-1020
Total number of particpants at end of year2025-06-1024
Number of Participants With Account Balances2025-06-1013
2024: SMITH & SONS CONSTRUCTION - WELDING INC. 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-2223
Total number of particpants at end of year2024-07-2220
Number of Participants With Account Balances2024-07-2212

Financial Data on SMITH & SONS CONSTRUCTION - WELDING INC. 401(K) PLAN

Measure Date Value
2025 : SMITH & SONS CONSTRUCTION - WELDING INC. 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-1010044
Net assets as of the end of the plan year2025-06-10710067
Total assets as of the beginning of the plan year2025-06-10621817
Value of plan covered by a fidelity bond2025-06-10250000
Participant contributions to plan in this plan year2025-06-108835
Value of participant loans at end of plan year2025-06-1028026
Other income to plan in this plan year2025-06-1089459
Plan net income in this plan year2025-06-1088250
Net assets as of the end of the plan year2025-06-10710067
Net assets as of the beginning of the plan year2025-06-10621817
Employer contributions to plan in this plan year2025-06-100
Fees paid to broker by Benefit Provider2025-06-10336
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-1010044
2024 : SMITH & SONS CONSTRUCTION - WELDING INC. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-22260194
Net assets as of the end of the plan year2024-07-22621817
Total assets as of the beginning of the plan year2024-07-22796217
Value of plan covered by a fidelity bond2024-07-22250000
Participant contributions to plan in this plan year2024-07-229202
Value of participant loans at end of plan year2024-07-2242417
Other income to plan in this plan year2024-07-2276592
Plan net income in this plan year2024-07-22-174400
Net assets as of the end of the plan year2024-07-22621817
Net assets as of the beginning of the plan year2024-07-22796217
Employer contributions to plan in this plan year2024-07-220
Fees paid to broker by Benefit Provider2024-07-22566
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-2211135

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