PHILLIPS MACHINE & WELDING CO., INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PHILLIPS MACHINE & WELDING CO., INC. 401(K) PLAN
401k plan membership statisitcs for PHILLIPS MACHINE & WELDING CO., INC. 401(K) PLAN
| Measure | Date | Value |
|---|
| 2025: PHILLIPS MACHINE & WELDING CO., INC. 401(K) PLAN 2025 401k membership |
|---|
| Total number of particpants at beginning of year | 2025-10-14 | 18 |
| Total number of particpants at end of year | 2025-10-14 | 15 |
| Number of Participants With Account Balances | 2025-10-14 | 13 |
| 2024: PHILLIPS MACHINE & WELDING CO., INC. 401(K) PLAN 2024 401k membership |
|---|
| Total number of particpants at beginning of year | 2024-05-02 | 19 |
| Total number of particpants at end of year | 2024-05-02 | 17 |
| Number of Participants With Account Balances | 2024-05-02 | 13 |
| 2011: PHILLIPS MACHINE & WELDING CO., INC. 401(K) PLAN 2011 401k membership |
|---|
| Total participants, beginning-of-year | 2011-01-01 | 31 |
| Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 14 |
| Number of retired or separated participants receiving benefits | 2011-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 16 |
| Total of all active and inactive participants | 2011-01-01 | 30 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 0 |
| Total participants | 2011-01-01 | 30 |
| Number of participants with account balances | 2011-01-01 | 25 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 0 |
| Measure | Date | Value |
|---|
| 2025 : PHILLIPS MACHINE & WELDING CO., INC. 401(K) PLAN 2025 401k financial data |
|---|
| Total liabilities as of the beginning of the plan year | 2025-10-14 | 0 |
| Total expenses incurred by plan in this plan year | 2025-10-14 | 74061 |
| Net assets as of the end of the plan year | 2025-10-14 | 1524903 |
| Total assets as of the beginning of the plan year | 2025-10-14 | 1234707 |
| Participant contributions to plan in this plan year | 2025-10-14 | 17155 |
| Other income to plan in this plan year | 2025-10-14 | 314259 |
| Plan net income in this plan year | 2025-10-14 | 290196 |
| Net assets as of the end of the plan year | 2025-10-14 | 1524903 |
| Net assets as of the beginning of the plan year | 2025-10-14 | 1234707 |
| Employer contributions to plan in this plan year | 2025-10-14 | 32843 |
| Fees paid to broker by Benefit Provider | 2025-10-14 | 5568 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-10-14 | 2025 |
| 2024 : PHILLIPS MACHINE & WELDING CO., INC. 401(K) PLAN 2024 401k financial data |
|---|
| Total liabilities as of the end of the plan year | 2024-05-02 | 0 |
| Total liabilities as of the beginning of the plan year | 2024-05-02 | 0 |
| Total expenses incurred by plan in this plan year | 2024-05-02 | 220100 |
| Net assets as of the end of the plan year | 2024-05-02 | 1234707 |
| Total assets as of the beginning of the plan year | 2024-05-02 | 1150195 |
| Participant contributions to plan in this plan year | 2024-05-02 | 38383 |
| Other expenses paid from plan in this plan year | 2024-05-02 | 0 |
| Other contributions to plan in this plan year | 2024-05-02 | 0 |
| Other income to plan in this plan year | 2024-05-02 | 261876 |
| Plan net income in this plan year | 2024-05-02 | 84512 |
| Net assets as of the end of the plan year | 2024-05-02 | 1234707 |
| Net assets as of the beginning of the plan year | 2024-05-02 | 1150195 |
| Employer contributions to plan in this plan year | 2024-05-02 | 4353 |
| Fees paid to broker by Benefit Provider | 2024-05-02 | 4438 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-05-02 | 100 |
| 2011 : PHILLIPS MACHINE & WELDING CO., INC. 401(K) PLAN 2011 401k financial data |
|---|
| Total income from all sources | 2011-12-31 | $13,483 |
| Expenses. Total of all expenses incurred | 2011-12-31 | $0 |
| Benefits paid (including direct rollovers) | 2011-12-31 | $0 |
| Total plan assets at end of year | 2011-12-31 | $320,446 |
| Total plan assets at beginning of year | 2011-12-31 | $306,963 |
| Total contributions received or receivable from participants | 2011-12-31 | $23,157 |
| Contributions received from other sources (not participants or employers) | 2011-12-31 | $0 |
| Other income received | 2011-12-31 | $-15,711 |
| Net income (gross income less expenses) | 2011-12-31 | $13,483 |
| Net plan assets at end of year (total assets less liabilities) | 2011-12-31 | $320,446 |
| Net plan assets at beginning of year (total assets less liabilities) | 2011-12-31 | $306,963 |
| Total contributions received or receivable from employer(s) | 2011-12-31 | $6,037 |
| Value of certain deemed distributions of participant loans | 2011-12-31 | $0 |
| Value of corrective distributions | 2011-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2011-12-31 | $0 |
| 2010 : PHILLIPS MACHINE & WELDING CO., INC. 401(K) PLAN 2010 401k financial data |
|---|
| Total income from all sources | 2010-12-31 | $40,340 |
| Expenses. Total of all expenses incurred | 2010-12-31 | $96,342 |
| Benefits paid (including direct rollovers) | 2010-12-31 | $96,342 |
| Total plan assets at end of year | 2010-12-31 | $306,963 |
| Total plan assets at beginning of year | 2010-12-31 | $362,965 |
| Total contributions received or receivable from participants | 2010-12-31 | $7,410 |
| Contributions received from other sources (not participants or employers) | 2010-12-31 | $0 |
| Other income received | 2010-12-31 | $28,931 |
| Net income (gross income less expenses) | 2010-12-31 | $-56,002 |
| Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $306,963 |
| Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $362,965 |
| Total contributions received or receivable from employer(s) | 2010-12-31 | $3,999 |
| Value of certain deemed distributions of participant loans | 2010-12-31 | $0 |
| Value of corrective distributions | 2010-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2010-12-31 | $0 |