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SAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan NameSAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN
Plan identification number 001

SAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • 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.
  • 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

SAMUEL, SON & CO. INC. has sponsored the creation of one or more 401k plans.

Company Name:SAMUEL, SON & CO. INC.
Employer identification number (EIN):223258593
NAIC Classification:331110
NAIC Description:Iron and Steel Mills and Ferroalloy Manufacturing

Additional information about SAMUEL, SON & CO. INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 1993-10-26
Company Identification Number: 0009741606

More information about SAMUEL, SON & CO. INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-01-01JACK QUON
0012015-01-01JACK QUON
0012014-01-01JACK QUON
0012014-01-01JACK QUON
0012009-01-01PAULA ORLOWSKI

Plan Statistics for SAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for SAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN

Measure Date Value
2016: SAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01214
Total number of active participants reported on line 7a of the Form 55002016-01-010
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 participants2016-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-010
2015: SAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01323
Total number of active participants reported on line 7a of the Form 55002015-01-010
Number of retired or separated participants receiving benefits2015-01-01150
Number of other retired or separated participants entitled to future benefits2015-01-0133
Total of all active and inactive participants2015-01-01183
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-0131
Total participants2015-01-01214
2014: SAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01329
Total number of active participants reported on line 7a of the Form 55002014-01-016
Number of retired or separated participants receiving benefits2014-01-01154
Number of other retired or separated participants entitled to future benefits2014-01-01130
Total of all active and inactive participants2014-01-01290
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-0133
Total participants2014-01-01323
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2009: SAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01408
Total number of active participants reported on line 7a of the Form 55002009-01-010
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-010
Number of participants with account balances2009-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on SAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN

Measure Date Value
2016 : SAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-06-17$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-06-17$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-06-17$17,327
Total income from all sources (including contributions)2016-06-17$5,972
Total loss/gain on sale of assets2016-06-17$0
Total of all expenses incurred2016-06-17$15,203,905
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-06-17$15,141,238
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-06-17$0
Value of total assets at end of year2016-06-17$0
Value of total assets at beginning of year2016-06-17$15,215,260
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-06-17$62,667
Total interest from all sources2016-06-17$0
Total dividends received (eg from common stock, registered investment company shares)2016-06-17$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-06-17Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2016-06-17$0
Administrative expenses professional fees incurred2016-06-17$18,435
Was this plan covered by a fidelity bond2016-06-17Yes
Value of fidelity bond cover2016-06-17$8,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-06-17$0
Were there any nonexempt tranactions with any party-in-interest2016-06-17No
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-06-17$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-06-17$89
Administrative expenses (other) incurred2016-06-17$44,232
Liabilities. Value of operating payables at end of year2016-06-17$0
Liabilities. Value of operating payables at beginning of year2016-06-17$17,327
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-06-17No
Value of net income/loss2016-06-17$-15,197,933
Value of net assets at end of year (total assets less liabilities)2016-06-17$0
Value of net assets at beginning of year (total assets less liabilities)2016-06-17$15,197,933
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-06-17No
Were any loans by the plan or fixed income obligations due to the plan in default2016-06-17No
Were any leases to which the plan was party in default or uncollectible2016-06-17No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-06-17$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-06-17$9,230,145
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-06-17$9,230,145
Expenses. Payments to insurance carriers foe the provision of benefits2016-06-17$14,643,275
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-06-17$5,972
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-06-17Yes
Was there a failure to transmit to the plan any participant contributions2016-06-17No
Has the plan failed to provide any benefit when due under the plan2016-06-17No
Employer contributions (assets) at end of year2016-06-17$0
Employer contributions (assets) at beginning of year2016-06-17$5,985,026
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-06-17$497,963
Did the plan have assets held for investment2016-06-17No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-06-17No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-06-17Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-06-17Yes
Opinion of an independent qualified public accountant for this plan2016-06-17Disclaimer
Accountancy firm name2016-06-17DOPKINS AND COMPANY LLP
Accountancy firm EIN2016-06-17160929175
2015 : SAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$17,327
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$5,761,656
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$5,251,126
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$4,753,125
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$5,985,026
Value of total assets at end of year2015-12-31$15,215,260
Value of total assets at beginning of year2015-12-31$14,687,403
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$498,001
Total interest from all sources2015-12-31$249
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$172,415
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$172,415
Administrative expenses professional fees incurred2015-12-31$479,590
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$8,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31Yes
Amount of non-exempt transactions with any party-in-interest2015-12-31$11,800
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$89
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$2
Other income not declared elsewhere2015-12-31$2,904
Administrative expenses (other) incurred2015-12-31$18,411
Liabilities. Value of operating payables at end of year2015-12-31$17,327
Liabilities. Value of operating payables at beginning of year2015-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$510,530
Value of net assets at end of year (total assets less liabilities)2015-12-31$15,197,933
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$14,687,403
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$14,539,861
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$9,230,145
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$147,540
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$147,540
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$249
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-398,938
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31Yes
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$5,985,026
Employer contributions (assets) at end of year2015-12-31$5,985,026
Employer contributions (assets) at beginning of year2015-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$4,753,125
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31DOPKINS AND COMPANY LLP
Accountancy firm EIN2015-12-31160929175
2014 : SAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$1,802,222
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$1,074,677
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$909,240
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$629,093
Value of total assets at end of year2014-12-31$14,816,114
Value of total assets at beginning of year2014-12-31$14,088,569
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$165,437
Total interest from all sources2014-12-31$12
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$323,017
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$323,017
Administrative expenses professional fees incurred2014-12-31$120,518
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$8,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31Yes
Amount of non-exempt transactions with any party-in-interest2014-12-31$16,200
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$2
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$16,962
Other income not declared elsewhere2014-12-31$3,990
Administrative expenses (other) incurred2014-12-31$44,919
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$727,545
Value of net assets at end of year (total assets less liabilities)2014-12-31$14,816,114
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$14,088,569
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$14,539,861
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$13,716,831
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$147,540
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$249,816
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$249,816
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$12
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$846,110
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31Yes
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$629,093
Employer contributions (assets) at end of year2014-12-31$128,711
Employer contributions (assets) at beginning of year2014-12-31$104,960
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$909,240
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31DOPKINS AND COMPANY LLP
Accountancy firm EIN2014-12-31160929175

Form 5500 Responses for SAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN

2016: SAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN 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 filingYes
2016-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: SAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: SAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedYes
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2009: SAMUEL-WHITTAR DEFINED BENEFIT PENSION PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingYes
2009-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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