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A & M WELDING INC 401K PLAN 401k Plan overview

Plan NameA & M WELDING INC 401K PLAN
Plan identification number 001

A & M WELDING INC 401K 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

A & M WELDING INC has sponsored the creation of one or more 401k plans.

Company Name:A & M WELDING INC
Employer identification number (EIN):953950499
NAIC Classification:332300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan A & M WELDING INC 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01NICK RICE2024-09-02
0012022-07-01NICK RICE2023-07-08

Plan Statistics for A & M WELDING INC 401K PLAN

401k plan membership statisitcs for A & M WELDING INC 401K PLAN

Measure Date Value
2025: A & M WELDING INC 401K PLAN 2025 401k membership
Total number of particpants at beginning of year2025-06-0617
Total number of particpants at end of year2025-06-0617
Number of Participants With Account Balances2025-06-0616
2024: A & M WELDING INC 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-0217
Total number of particpants at end of year2024-09-0217
Number of Participants With Account Balances2024-09-0216

Financial Data on A & M WELDING INC 401K PLAN

Measure Date Value
2025 : A & M WELDING INC 401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-06801
Net assets as of the end of the plan year2025-06-06311616
Total assets as of the beginning of the plan year2025-06-06176896
Value of plan covered by a fidelity bond2025-06-0618000
Participant contributions to plan in this plan year2025-06-0662294
Value of participant loans at end of plan year2025-06-068867
Other income to plan in this plan year2025-06-0624841
Plan net income in this plan year2025-06-06134720
Net assets as of the end of the plan year2025-06-06311616
Net assets as of the beginning of the plan year2025-06-06176896
Employer contributions to plan in this plan year2025-06-0648386
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-06335
2024 : A & M WELDING INC 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-02276
Net assets as of the end of the plan year2024-09-02176896
Total assets as of the beginning of the plan year2024-09-0250213
Value of plan covered by a fidelity bond2024-09-026000
Participant contributions to plan in this plan year2024-09-0260731
Other income to plan in this plan year2024-09-0218077
Plan net income in this plan year2024-09-02126683
Net assets as of the end of the plan year2024-09-02176896
Net assets as of the beginning of the plan year2024-09-0250213
Employer contributions to plan in this plan year2024-09-0248151
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-0213

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