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TWIN CITY METAL WORKS LLC 401K PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameTWIN CITY METAL WORKS LLC 401K PROFIT SHARING PLAN & TRUST
Plan identification number 001

TWIN CITY METAL WORKS LLC 401K PROFIT SHARING PLAN & TRUST 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

TWIN CITY METAL WORKS LLC has sponsored the creation of one or more 401k plans.

Company Name:TWIN CITY METAL WORKS LLC
Employer identification number (EIN):872645353
NAIC Classification:332700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TWIN CITY METAL WORKS LLC 401K PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JEFF ORLUCK2024-05-29
0012022-01-01JEAN CARLSON2023-06-13
0012021-01-01JEFF ORLUCK2022-07-05

Plan Statistics for TWIN CITY METAL WORKS LLC 401K PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for TWIN CITY METAL WORKS LLC 401K PROFIT SHARING PLAN & TRUST

Measure Date Value
2025: TWIN CITY METAL WORKS LLC 401K PROFIT SHARING PLAN & TRUST 2025 401k membership
Total number of particpants at beginning of year2025-06-1750
Total number of particpants at end of year2025-06-1735
Number of Participants With Account Balances2025-06-1724
2024: TWIN CITY METAL WORKS LLC 401K PROFIT SHARING PLAN & TRUST 2024 401k membership
Total number of particpants at beginning of year2024-05-2949
Total number of particpants at end of year2024-05-2943
Number of Participants With Account Balances2024-05-2931

Financial Data on TWIN CITY METAL WORKS LLC 401K PROFIT SHARING PLAN & TRUST

Measure Date Value
2025 : TWIN CITY METAL WORKS LLC 401K PROFIT SHARING PLAN & TRUST 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-17201390
Net assets as of the end of the plan year2025-06-171521877
Total assets as of the beginning of the plan year2025-06-171442647
Value of plan covered by a fidelity bond2025-06-17145000
Participant contributions to plan in this plan year2025-06-1753562
Value of participant loans at end of plan year2025-06-173361
Other contributions to plan in this plan year2025-06-173311
Other income to plan in this plan year2025-06-17210215
Plan net income in this plan year2025-06-1779230
Net assets as of the end of the plan year2025-06-171521877
Net assets as of the beginning of the plan year2025-06-171442647
Employer contributions to plan in this plan year2025-06-1713532
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-178254
2024 : TWIN CITY METAL WORKS LLC 401K PROFIT SHARING PLAN & TRUST 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-29105602
Net assets as of the end of the plan year2024-05-291442647
Total assets as of the beginning of the plan year2024-05-291237876
Value of plan covered by a fidelity bond2024-05-29124000
Participant contributions to plan in this plan year2024-05-2973488
Value of participant loans at end of plan year2024-05-2918090
Other income to plan in this plan year2024-05-29220899
Plan net income in this plan year2024-05-29204771
Net assets as of the end of the plan year2024-05-291442647
Net assets as of the beginning of the plan year2024-05-291237876
Employer contributions to plan in this plan year2024-05-2915986
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-296426

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