Logo

NEW WORLD MACHINING, INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameNEW WORLD MACHINING, INC. PROFIT SHARING PLAN
Plan identification number 001

NEW WORLD MACHINING, INC. PROFIT SHARING 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
  • 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.
  • 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

NEW WORLD MACHINING, INC. has sponsored the creation of one or more 401k plans.

Company Name:NEW WORLD MACHINING, INC.
Employer identification number (EIN):942529083
NAIC Classification:332700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW WORLD MACHINING, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01NEAL MALHOTRA FOR CBIZ RIS2024-10-14
0012022-01-01NEAL MALHOTRA FOR CBIZ RIS2023-09-29
0012021-01-01NEAL MALHOTRA FOR CBIZ RIS2022-10-07
0012020-01-01NEAL MALHOTRA FOR CBIZ RPS2021-10-14
0012019-01-01NEAL MALHOTRA FOR CBIZ RPS2020-10-09
0012018-01-01NEAL MALHOTRA FOR CBIZ RPS2019-10-11
0012017-01-01
0012016-10-01
0012016-10-01
0012015-10-01
0012014-10-01MARY GUILBERT2016-04-21
0012013-10-01MARY GUILBERT2014-12-24
0012012-10-01MARY GUILBERT2014-05-08
0012011-10-01MARY GUILBERT2013-06-26
0012010-10-01MARY GUILBERT2012-03-15

Financial Data on NEW WORLD MACHINING, INC. PROFIT SHARING PLAN

Measure Date Value
2025 : NEW WORLD MACHINING, INC. PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-10-1225770
Net assets as of the end of the plan year2025-10-123211104
Total assets as of the beginning of the plan year2025-10-122667603
Value of plan covered by a fidelity bond2025-10-12325000
Participant contributions to plan in this plan year2025-10-1280021
Value of participant loans at end of plan year2025-10-1242700
Other income to plan in this plan year2025-10-12280072
Plan net income in this plan year2025-10-12543501
Net assets as of the end of the plan year2025-10-123211104
Net assets as of the beginning of the plan year2025-10-122667603
Employer contributions to plan in this plan year2025-10-12209178
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-1221721
2024 : NEW WORLD MACHINING, INC. PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-14147655
Net assets as of the end of the plan year2024-10-142667603
Total assets as of the beginning of the plan year2024-10-142279739
Value of plan covered by a fidelity bond2024-10-14227974
Participant contributions to plan in this plan year2024-10-1472831
Value of participant loans at end of plan year2024-10-1446832
Other contributions to plan in this plan year2024-10-14156596
Other income to plan in this plan year2024-10-14306092
Plan net income in this plan year2024-10-14387864
Net assets as of the end of the plan year2024-10-142667603
Net assets as of the beginning of the plan year2024-10-142279739
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-1419852

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1