401k Plan data: ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN plan

ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN 401k Plan overview

Plan Name	ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN
Plan identification number	001

ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ABRASIVE TOOL CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: ABRASIVE TOOL CORPORATION

Employer identification number (EIN): 160950649

NAIC Classification: 423800

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-04-01
001 2021-04-01
001 2020-04-01
001 2019-04-01
001 2018-04-01
001 2017-04-01
001 2016-04-01
001 2015-04-01
001 2014-04-01
001 2013-04-01
001 2012-04-01 PATRICIA MORTHORST 2013-08-22
001 2011-04-01 PATRICIA MORTHORST
001 2010-04-01 PATRICIA MORTHORST
001 2009-04-01 PATRICIA MORTHORST

Plan Statistics for ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN

401k plan membership statisitcs for ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN

Measure Date Value
2011: ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-04-01 54
Total number of active participants reported on line 7a of the Form 5500 2011-04-01 50
Number of retired or separated participants receiving benefits 2011-04-01 0
Number of other retired or separated participants entitled to future benefits 2011-04-01 1
Total of all active and inactive participants 2011-04-01 51
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-04-01 0
Total participants 2011-04-01 51
Number of participants with account balances 2011-04-01 51
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-04-01 1
2010: ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year 2010-04-01 54
Total number of active participants reported on line 7a of the Form 5500 2010-04-01 50
Number of retired or separated participants receiving benefits 2010-04-01 0
Number of other retired or separated participants entitled to future benefits 2010-04-01 3
Total of all active and inactive participants 2010-04-01 53
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-04-01 0
Total participants 2010-04-01 53
Number of participants with account balances 2010-04-01 53
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-04-01 1
2009: ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-04-01 53
Total number of active participants reported on line 7a of the Form 5500 2009-04-01 51
Number of retired or separated participants receiving benefits 2009-04-01 0
Number of other retired or separated participants entitled to future benefits 2009-04-01 2
Total of all active and inactive participants 2009-04-01 53
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-04-01 0
Total participants 2009-04-01 53
Number of participants with account balances 2009-04-01 53
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-04-01 2

Measure	Date	Value
2011: ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-04-01	54
Total number of active participants reported on line 7a of the Form 5500	2011-04-01	50
Number of retired or separated participants receiving benefits	2011-04-01	0
Number of other retired or separated participants entitled to future benefits	2011-04-01	1
Total of all active and inactive participants	2011-04-01	51
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-04-01	0
Total participants	2011-04-01	51
Number of participants with account balances	2011-04-01	51
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-04-01	1
2010: ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year	2010-04-01	54
Total number of active participants reported on line 7a of the Form 5500	2010-04-01	50
Number of retired or separated participants receiving benefits	2010-04-01	0
Number of other retired or separated participants entitled to future benefits	2010-04-01	3
Total of all active and inactive participants	2010-04-01	53
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-04-01	0
Total participants	2010-04-01	53
Number of participants with account balances	2010-04-01	53
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-04-01	1
2009: ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-04-01	53
Total number of active participants reported on line 7a of the Form 5500	2009-04-01	51
Number of retired or separated participants receiving benefits	2009-04-01	0
Number of other retired or separated participants entitled to future benefits	2009-04-01	2
Total of all active and inactive participants	2009-04-01	53
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-04-01	0
Total participants	2009-04-01	53
Number of participants with account balances	2009-04-01	53
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-04-01	2

Financial Data on ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN

Measure	Date	Value
2012 : ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources	2012-03-31	$502,466
Expenses. Total of all expenses incurred	2012-03-31	$303,702
Benefits paid (including direct rollovers)	2012-03-31	$303,702
Total plan assets at end of year	2012-03-31	$6,863,105
Total plan assets at beginning of year	2012-03-31	$6,664,341
Value of fidelity bond covering the plan	2012-03-31	$500,000
Other income received	2012-03-31	$202,466
Net income (gross income less expenses)	2012-03-31	$198,764
Net plan assets at end of year (total assets less liabilities)	2012-03-31	$6,863,105
Net plan assets at beginning of year (total assets less liabilities)	2012-03-31	$6,664,341
Total contributions received or receivable from employer(s)	2012-03-31	$300,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-03-31	$0
2011 : ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN 2011 401k financial data
Total plan liabilities at beginning of year	2011-03-31	$0
Total income from all sources	2011-03-31	$477,021
Expenses. Total of all expenses incurred	2011-03-31	$684,627
Benefits paid (including direct rollovers)	2011-03-31	$684,627
Total plan assets at end of year	2011-03-31	$6,664,341
Total plan assets at beginning of year	2011-03-31	$6,871,947
Value of fidelity bond covering the plan	2011-03-31	$100,000
Total contributions received or receivable from participants	2011-03-31	$0
Other income received	2011-03-31	$292,894
Net income (gross income less expenses)	2011-03-31	$-207,606
Net plan assets at end of year (total assets less liabilities)	2011-03-31	$6,664,341
Net plan assets at beginning of year (total assets less liabilities)	2011-03-31	$6,871,947
Total contributions received or receivable from employer(s)	2011-03-31	$184,127
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-03-31	$0

Form 5500 Responses for ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN

2011: ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN 2011 form 5500 responses
2011-04-01	Type of plan entity	Single employer plan
2011-04-01	Submission has been amended	No
2011-04-01	This submission is the final filing	No
2011-04-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-04-01	Plan is a collectively bargained plan	No
2011-04-01	Plan funding arrangement – Trust	Yes
2011-04-01	Plan benefit arrangement - Trust	Yes
2010: ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN 2010 form 5500 responses
2010-04-01	Type of plan entity	Single employer plan
2010-04-01	Submission has been amended	No
2010-04-01	This submission is the final filing	No
2010-04-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-04-01	Plan is a collectively bargained plan	No
2010-04-01	Plan funding arrangement – Trust	Yes
2010-04-01	Plan benefit arrangement - Trust	Yes
2009: ABRASIVE TOOL CORPORATION PROFIT SHARING PLAN 2009 form 5500 responses
2009-04-01	Type of plan entity	Single employer plan
2009-04-01	Submission has been amended	No
2009-04-01	This submission is the final filing	No
2009-04-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-04-01	Plan is a collectively bargained plan	No
2009-04-01	Plan funding arrangement – Trust	Yes
2009-04-01	Plan benefit arrangement - Trust	Yes

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Company Name:	ABRASIVE TOOL CORPORATION
Employer identification number (EIN):	160950649
NAIC Classification:	423800

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-04-01
001	2021-04-01
001	2020-04-01
001	2019-04-01
001	2018-04-01
001	2017-04-01
001	2016-04-01
001	2015-04-01
001	2014-04-01
001	2013-04-01
001	2012-04-01	PATRICIA MORTHORST	2013-08-22
001	2011-04-01	PATRICIA MORTHORST
001	2010-04-01	PATRICIA MORTHORST
001	2009-04-01	PATRICIA MORTHORST