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ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 401k Plan overview

Plan NameADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST
Plan identification number 001

ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 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
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ADEPT FASTENERS INC has sponsored the creation of one or more 401k plans.

Company Name:ADEPT FASTENERS INC
Employer identification number (EIN):200521369
NAIC Classification:423600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01DON LIST2023-10-06 DON LIST2023-10-06
0012021-01-01DON LIST2022-10-11 DON LIST2022-10-11
0012020-01-01DON LIST2021-10-06 DON LIST2021-10-06
0012019-01-01DON LIST2020-09-23 DON LIST2020-09-23
0012018-01-01DON LIST2019-09-19 DON LIST2019-09-19
0012017-01-01
0012016-01-01DON LIST
0012016-01-01
0012015-01-01DON LIST2016-07-19
0012014-01-01DON LIST2015-07-02
0012013-01-01DON LIST2014-07-01
0012012-01-01ADEPT FASTENERS INC2013-05-29
0012011-01-01ADEPT FASTENERS INC2012-05-30

Plan Statistics for ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST

401k plan membership statisitcs for ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2022: ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2022 401k membership
Total participants, beginning-of-year2022-01-01206
Total number of active participants reported on line 7a of the Form 55002022-01-01214
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0117
Total of all active and inactive participants2022-01-01231
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-011
Total participants2022-01-01232
Number of participants with account balances2022-01-01194
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-011
2021: ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2021 401k membership
Total participants, beginning-of-year2021-01-01204
Total number of active participants reported on line 7a of the Form 55002021-01-01193
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0113
Total of all active and inactive participants2021-01-01206
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01206
Number of participants with account balances2021-01-01187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-013
2020: ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2020 401k membership
Total participants, beginning-of-year2020-01-01203
Total number of active participants reported on line 7a of the Form 55002020-01-01187
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0117
Total of all active and inactive participants2020-01-01204
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01204
Number of participants with account balances2020-01-01185
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-017
2019: ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-01186
Total number of active participants reported on line 7a of the Form 55002019-01-01184
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-018
Total of all active and inactive participants2019-01-01192
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01192
Number of participants with account balances2019-01-01173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0111
2018: ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2018 401k membership
Total participants, beginning-of-year2018-01-01169
Total number of active participants reported on line 7a of the Form 55002018-01-01174
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-018
Total of all active and inactive participants2018-01-01182
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01182
Number of participants with account balances2018-01-01178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-011
2017: ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2017 401k membership
Total participants, beginning-of-year2017-01-01150
Total number of active participants reported on line 7a of the Form 55002017-01-01157
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-017
Total of all active and inactive participants2017-01-01164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01164
Number of participants with account balances2017-01-01162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-01133
Total number of active participants reported on line 7a of the Form 55002016-01-01146
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-01146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01146
Number of participants with account balances2016-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010

Financial Data on ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2022 : ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2022 401k financial data
Total income from all sources (including contributions)2022-12-31$-2,111,162
Total of all expenses incurred2022-12-31$892,056
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$858,133
Expenses. Certain deemed distributions of participant loans2022-12-31$5,528
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$2,577,065
Value of total assets at end of year2022-12-31$20,558,671
Value of total assets at beginning of year2022-12-31$23,561,889
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$28,395
Total interest from all sources2022-12-31$885,203
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$820,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,358,016
Participant contributions at end of year2022-12-31$670,572
Participant contributions at beginning of year2022-12-31$611,059
Participant contributions at end of year2022-12-31$44,582
Participant contributions at beginning of year2022-12-31$39,878
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$654,895
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-3,003,218
Value of net assets at end of year (total assets less liabilities)2022-12-31$20,558,671
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$23,561,889
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$19,823,780
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$22,893,150
Interest on participant loans2022-12-31$37,881
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$847,322
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-5,573,430
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$564,154
Employer contributions (assets) at end of year2022-12-31$19,737
Employer contributions (assets) at beginning of year2022-12-31$17,802
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$858,133
Contract administrator fees2022-12-31$28,395
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31BPM LLP
Accountancy firm EIN2022-12-31814234542
2021 : ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$3,891,533
Total of all expenses incurred2021-12-31$1,063,790
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$986,879
Expenses. Certain deemed distributions of participant loans2021-12-31$25,400
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,703,639
Value of total assets at end of year2021-12-31$23,561,889
Value of total assets at beginning of year2021-12-31$20,734,146
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$51,511
Total interest from all sources2021-12-31$1,911,210
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$820,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,146,136
Participant contributions at end of year2021-12-31$611,059
Participant contributions at beginning of year2021-12-31$693,477
Participant contributions at end of year2021-12-31$39,878
Participant contributions at beginning of year2021-12-31$38,532
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$66,926
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$2,827,743
Value of net assets at end of year (total assets less liabilities)2021-12-31$23,561,889
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$20,734,146
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$22,893,150
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$19,985,690
Interest on participant loans2021-12-31$40,315
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$1,870,895
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$276,684
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$490,577
Employer contributions (assets) at end of year2021-12-31$17,802
Employer contributions (assets) at beginning of year2021-12-31$16,447
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$986,879
Contract administrator fees2021-12-31$51,511
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31BPM LLP
Accountancy firm EIN2021-12-31814234542
2020 : ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$5,350,644
Total of all expenses incurred2020-12-31$552,659
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$502,845
Expenses. Certain deemed distributions of participant loans2020-12-31$9,047
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,654,197
Value of total assets at end of year2020-12-31$20,734,146
Value of total assets at beginning of year2020-12-31$15,936,161
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$40,767
Total interest from all sources2020-12-31$828,343
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$820,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$1,064,246
Participant contributions at end of year2020-12-31$693,477
Participant contributions at beginning of year2020-12-31$422,916
Participant contributions at end of year2020-12-31$38,532
Participant contributions at beginning of year2020-12-31$34,820
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$130,617
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$4,797,985
Value of net assets at end of year (total assets less liabilities)2020-12-31$20,734,146
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$15,936,161
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$19,985,690
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$15,462,712
Income. Interest from loans (other than to participants)2020-12-31$41,304
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$787,039
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$2,868,104
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$459,334
Employer contributions (assets) at end of year2020-12-31$16,447
Employer contributions (assets) at beginning of year2020-12-31$15,713
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$502,845
Contract administrator fees2020-12-31$40,767
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31BPM LLP
Accountancy firm EIN2020-12-31814234542
2019 : ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2019 401k financial data
Total income from all sources (including contributions)2019-12-31$4,739,806
Total of all expenses incurred2019-12-31$578,647
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$554,056
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,625,555
Value of total assets at end of year2019-12-31$15,936,161
Value of total assets at beginning of year2019-12-31$11,775,002
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$24,591
Total interest from all sources2019-12-31$716,769
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$820,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$1,083,038
Participant contributions at end of year2019-12-31$422,916
Participant contributions at beginning of year2019-12-31$216,201
Participant contributions at end of year2019-12-31$34,820
Participant contributions at beginning of year2019-12-31$30,385
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$71,038
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$4,161,159
Value of net assets at end of year (total assets less liabilities)2019-12-31$15,936,161
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$11,775,002
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$15,462,712
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$11,214,229
Income. Interest from loans (other than to participants)2019-12-31$17,740
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$699,029
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$2,397,482
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$471,479
Employer contributions (assets) at end of year2019-12-31$15,713
Employer contributions (assets) at beginning of year2019-12-31$314,187
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$554,056
Contract administrator fees2019-12-31$24,591
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31ROSSI LLP
Accountancy firm EIN2019-12-31954091474
2018 : ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2018 401k financial data
Total income from all sources (including contributions)2018-12-31$1,173,475
Total of all expenses incurred2018-12-31$442,437
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$421,788
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$2,141,558
Value of total assets at end of year2018-12-31$11,775,002
Value of total assets at beginning of year2018-12-31$11,043,964
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$20,649
Total interest from all sources2018-12-31$810,247
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Administrative expenses professional fees incurred2018-12-31$20,649
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$820,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$995,445
Participant contributions at end of year2018-12-31$216,201
Participant contributions at beginning of year2018-12-31$247,281
Participant contributions at end of year2018-12-31$30,385
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$425,475
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$731,038
Value of net assets at end of year (total assets less liabilities)2018-12-31$11,775,002
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$11,043,964
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$11,214,229
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$10,496,683
Interest on participant loans2018-12-31$11,659
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$798,588
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-1,778,330
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$720,638
Employer contributions (assets) at end of year2018-12-31$314,187
Employer contributions (assets) at beginning of year2018-12-31$300,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$421,788
Contract administrator fees2018-12-31$0
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31ROSSI LLP
Accountancy firm EIN2018-12-31954091474
2017 : ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total income from all sources (including contributions)2017-12-31$4,125,281
Total of all expenses incurred2017-12-31$29,390
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$24,098
Expenses. Certain deemed distributions of participant loans2017-12-31$4,278
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$2,833,657
Value of total assets at end of year2017-12-31$11,043,964
Value of total assets at beginning of year2017-12-31$6,948,073
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$1,014
Total interest from all sources2017-12-31$485,660
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$820,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$775,561
Participant contributions at end of year2017-12-31$247,281
Participant contributions at beginning of year2017-12-31$249,026
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$1,393,280
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2017-12-31$0
Other income not declared elsewhere2017-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$4,095,891
Value of net assets at end of year (total assets less liabilities)2017-12-31$11,043,964
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$6,948,073
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$1,014
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$10,496,683
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$6,699,047
Interest on participant loans2017-12-31$10,456
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$475,204
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$805,964
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31Yes
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$664,816
Employer contributions (assets) at end of year2017-12-31$300,000
Employer contributions (assets) at beginning of year2017-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$24,098
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31ROSSI LLP
Accountancy firm EIN2017-12-31954091474
2016 : ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2016 401k financial data
Unrealized appreciation/depreciation of real estate assets2016-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$0
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Expenses. Interest paid2016-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022016-12-31$0
Total income from all sources (including contributions)2016-12-31$1,491,405
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$155,799
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$154,839
Expenses. Certain deemed distributions of participant loans2016-12-31$0
Value of total corrective distributions2016-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$983,900
Value of total assets at end of year2016-12-31$6,948,073
Value of total assets at beginning of year2016-12-31$5,612,467
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$960
Total income from rents2016-12-31$0
Total interest from all sources2016-12-31$8,328
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$208,331
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$208,331
Assets. Real estate other than employer real property at beginning of year2016-12-31$0
Administrative expenses professional fees incurred2016-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2016-12-31$0
Was this plan covered by a fidelity bond2016-12-31No
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$653,130
Participant contributions at end of year2016-12-31$249,026
Participant contributions at beginning of year2016-12-31$204,677
Participant contributions at end of year2016-12-31$0
Participant contributions at beginning of year2016-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$12,027
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$0
Assets. Loans (other than to participants) at beginning of year2016-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$0
Other income not declared elsewhere2016-12-31$0
Administrative expenses (other) incurred2016-12-31$0
Liabilities. Value of operating payables at beginning of year2016-12-31$0
Total non interest bearing cash at beginning of year2016-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$1,335,606
Value of net assets at end of year (total assets less liabilities)2016-12-31$6,948,073
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$5,612,467
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Assets. partnership/joint venture interests at beginning of year2016-12-31$0
Investment advisory and management fees2016-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$6,699,047
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$5,407,790
Interest on participant loans2016-12-31$8,328
Income. Interest from loans (other than to participants)2016-12-31$0
Interest earned on other investments2016-12-31$0
Income. Interest from US Government securities2016-12-31$0
Income. Interest from corporate debt instruments2016-12-31$0
Value of interest in master investment trust accounts at end of year2016-12-31$0
Value of interest in master investment trust accounts at beginning of year2016-12-31$0
Value of interest in common/collective trusts at end of year2016-12-31$0
Value of interest in common/collective trusts at beginning of year2016-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$0
Assets. Value of investments in 103.12 investment entities at end of year2016-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2016-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2016-12-31$0
Asset value of US Government securities at beginning of year2016-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$290,846
Net investment gain/loss from pooled separate accounts2016-12-31$0
Net investment gain or loss from common/collective trusts2016-12-31$0
Net gain/loss from 103.12 investment entities2016-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at beginning of year2016-12-31$0
Assets. Value of employer real property at beginning of year2016-12-31$0
Contributions received in cash from employer2016-12-31$318,743
Employer contributions (assets) at end of year2016-12-31$0
Employer contributions (assets) at beginning of year2016-12-31$0
Income. Dividends from preferred stock2016-12-31$0
Income. Dividends from common stock2016-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$154,839
Asset. Corporate debt instrument preferred debt at beginning of year2016-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2016-12-31$0
Contract administrator fees2016-12-31$960
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2016-12-31$0
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$0
Aggregate carrying amount (costs) on sale of assets2016-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2016-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31ROSSI LLP
Accountancy firm EIN2016-12-31954091474
2010 : ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total income from all sources2010-12-31$1,105,110
Expenses. Total of all expenses incurred2010-12-31$4,430
Benefits paid (including direct rollovers)2010-12-31$4,190
Total plan assets at end of year2010-12-31$1,100,680
Value of fidelity bond covering the plan2010-12-31$0
Total contributions received or receivable from participants2010-12-31$154,719
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$20,260
Other income received2010-12-31$861,596
Net income (gross income less expenses)2010-12-31$1,100,680
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,100,680
Assets. Value of participant loans2010-12-31$120,153
Total contributions received or receivable from employer(s)2010-12-31$68,535
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$240
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$0
Amount contributed by the employer to the plan for this plan year2010-12-31$0

Form 5500 Responses for ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST

2022: ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: ADEPT FASTENERS INC 401 K PROFIT SHARING PLAN TRUST 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number1260237-01
Policy instance 1
Insurance contract or identification number1260237-01
Number of Individuals Covered30
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number1260237-01
Policy instance 1
Insurance contract or identification number1260237-01
Number of Individuals Covered25
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number1260237-01
Policy instance 1
Insurance contract or identification number1260237-01
Number of Individuals Covered21
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $2
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2
Insurance broker organization code?3
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number1260237-01
Policy instance 1
Insurance contract or identification number1260237-01
Number of Individuals Covered19
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $8
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Commission paid to Insurance BrokerUSD $8
Insurance broker organization code?3
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number1260237-01
Policy instance 1
Insurance contract or identification number1260237-01
Number of Individuals Covered22
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $11
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Commission paid to Insurance BrokerUSD $11
Amount paid for insurance broker fees0
Insurance broker organization code?3

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