401k Plan data: GREDE MEADVILLE RETIREMENT PLAN plan

GREDE MEADVILLE RETIREMENT PLAN 401k Plan overview

Plan Name	GREDE MEADVILLE RETIREMENT PLAN
Plan identification number	030

GREDE MEADVILLE RETIREMENT PLAN Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily flat dollar (includes dollars per year of service) Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ADVANCED CAST PRODUCTS, INC. has sponsored the creation of one or more 401k plans.

Company Name: ADVANCED CAST PRODUCTS, INC.

Employer identification number (EIN): 251607691

NAIC Classification: 331500

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GREDE MEADVILLE RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
030 2021-10-01
030 2021-07-30

Plan Statistics for GREDE MEADVILLE RETIREMENT PLAN

401k plan membership statisitcs for GREDE MEADVILLE RETIREMENT PLAN

Measure Date Value
2022: GREDE MEADVILLE RETIREMENT PLAN 2022 401k membership
Market value of plan assets 2022-09-30 5,879,502
Acturial value of plan assets 2022-09-30 5,998,855
Funding target for retired participants and beneficiaries receiving payment 2022-09-30 335,971
Number of terminated vested participants 2022-09-30 5
Fundng target for terminated vested participants 2022-09-30 95,843
Active participant vested funding target 2022-09-30 4,351,977
Number of active participants 2022-09-30 52
Total funding liabilities for active participants 2022-09-30 4,958,213
Total participant count 2022-09-30 59
Total funding target for all participants 2022-09-30 5,390,027
Balance at beginning of prior year after applicable adjustments 2022-09-30 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-09-30 0
Amount remaining of carryover balance 2022-09-30 0
Amount remaining of prefunding balance 2022-09-30 0
Present value of excess contributions 2022-09-30 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-09-30 0
Reductions in caryover balances due to elections or deemed elections 2022-09-30 0
Reductions in prefunding balances due to elections or deemed elections 2022-09-30 0
Balance of carryovers at beginning of current year 2022-09-30 0
Balance of prefunding at beginning of current year 2022-09-30 0
Total employer contributions 2022-09-30 0
Total employee contributions 2022-09-30 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-09-30 0
Contributions made to avoid restrictions adjusted to valuation date 2022-09-30 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-09-30 0
Unpaid minimum required contributions for all prior years 2022-09-30 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-09-30 0
Remaining amount of unpaid minimum required contributions 2022-09-30 0
Minimum required contributions for current year target normal cost 2022-09-30 313,394
Net shortfall amortization installment of oustanding balance 2022-09-30 0
Total funding amount beforereflecting carryover/prefunding balances 2022-09-30 0
Additional cash requirement 2022-09-30 0
Contributions allocatedtoward minimum required contributions for current year 2022-09-30 0
Unpaid minimum required contributions for current year 2022-09-30 0
Unpaid minimum required contributions for all years 2022-09-30 0
2021: GREDE MEADVILLE RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year 2021-10-01 59
Total number of active participants reported on line 7a of the Form 5500 2021-10-01 44
Number of retired or separated participants receiving benefits 2021-10-01 7
Number of other retired or separated participants entitled to future benefits 2021-10-01 8
Total of all active and inactive participants 2021-10-01 59
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-10-01 0
Total participants 2021-10-01 59
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-10-01 0
Market value of plan assets 2021-09-30 6,001,177
Acturial value of plan assets 2021-09-30 6,001,177
Funding target for retired participants and beneficiaries receiving payment 2021-09-30 0
Number of terminated vested participants 2021-09-30 5
Fundng target for terminated vested participants 2021-09-30 94,659
Active participant vested funding target 2021-09-30 4,565,987
Number of active participants 2021-09-30 54
Total funding liabilities for active participants 2021-09-30 5,169,092
Total participant count 2021-09-30 59
Total funding target for all participants 2021-09-30 5,263,751
Balance at beginning of prior year after applicable adjustments 2021-09-30 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-09-30 0
Carryover balanced portion elected for use to offset prior years funding requirement 2021-09-30 0
Prefunding balanced used to offset prior years funding requirement 2021-09-30 0
Amount remaining of carryover balance 2021-09-30 0
Amount remaining of prefunding balance 2021-09-30 0
Present value of excess contributions 2021-09-30 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-09-30 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-09-30 0
Reductions in caryover balances due to elections or deemed elections 2021-09-30 0
Reductions in prefunding balances due to elections or deemed elections 2021-09-30 0
Balance of carryovers at beginning of current year 2021-09-30 0
Balance of prefunding at beginning of current year 2021-09-30 0
Total employer contributions 2021-09-30 0
Total employee contributions 2021-09-30 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-09-30 0
Contributions made to avoid restrictions adjusted to valuation date 2021-09-30 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-09-30 0
Unpaid minimum required contributions for all prior years 2021-09-30 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-09-30 0
Remaining amount of unpaid minimum required contributions 2021-09-30 0
Minimum required contributions for current year target normal cost 2021-09-30 31,186
Net shortfall amortization installment of oustanding balance 2021-09-30 0
Total funding amount beforereflecting carryover/prefunding balances 2021-09-30 0
Additional cash requirement 2021-09-30 0
Contributions allocatedtoward minimum required contributions for current year 2021-09-30 0
Unpaid minimum required contributions for current year 2021-09-30 0
Unpaid minimum required contributions for all years 2021-09-30 0
Total participants, beginning-of-year 2021-07-30 59
Total number of active participants reported on line 7a of the Form 5500 2021-07-30 52
Number of retired or separated participants receiving benefits 2021-07-30 2
Number of other retired or separated participants entitled to future benefits 2021-07-30 5
Total of all active and inactive participants 2021-07-30 59
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-07-30 0
Total participants 2021-07-30 59

Measure	Date	Value
2022: GREDE MEADVILLE RETIREMENT PLAN 2022 401k membership
Market value of plan assets	2022-09-30	5,879,502
Acturial value of plan assets	2022-09-30	5,998,855
Funding target for retired participants and beneficiaries receiving payment	2022-09-30	335,971
Number of terminated vested participants	2022-09-30	5
Fundng target for terminated vested participants	2022-09-30	95,843
Active participant vested funding target	2022-09-30	4,351,977
Number of active participants	2022-09-30	52
Total funding liabilities for active participants	2022-09-30	4,958,213
Total participant count	2022-09-30	59
Total funding target for all participants	2022-09-30	5,390,027
Balance at beginning of prior year after applicable adjustments	2022-09-30	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-09-30	0
Amount remaining of carryover balance	2022-09-30	0
Amount remaining of prefunding balance	2022-09-30	0
Present value of excess contributions	2022-09-30	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-09-30	0
Reductions in caryover balances due to elections or deemed elections	2022-09-30	0
Reductions in prefunding balances due to elections or deemed elections	2022-09-30	0
Balance of carryovers at beginning of current year	2022-09-30	0
Balance of prefunding at beginning of current year	2022-09-30	0
Total employer contributions	2022-09-30	0
Total employee contributions	2022-09-30	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-09-30	0
Contributions made to avoid restrictions adjusted to valuation date	2022-09-30	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-09-30	0
Unpaid minimum required contributions for all prior years	2022-09-30	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-09-30	0
Remaining amount of unpaid minimum required contributions	2022-09-30	0
Minimum required contributions for current year target normal cost	2022-09-30	313,394
Net shortfall amortization installment of oustanding balance	2022-09-30	0
Total funding amount beforereflecting carryover/prefunding balances	2022-09-30	0
Additional cash requirement	2022-09-30	0
Contributions allocatedtoward minimum required contributions for current year	2022-09-30	0
Unpaid minimum required contributions for current year	2022-09-30	0
Unpaid minimum required contributions for all years	2022-09-30	0
2021: GREDE MEADVILLE RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year	2021-10-01	59
Total number of active participants reported on line 7a of the Form 5500	2021-10-01	44
Number of retired or separated participants receiving benefits	2021-10-01	7
Number of other retired or separated participants entitled to future benefits	2021-10-01	8
Total of all active and inactive participants	2021-10-01	59
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-10-01	0
Total participants	2021-10-01	59
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-10-01	0
Market value of plan assets	2021-09-30	6,001,177
Acturial value of plan assets	2021-09-30	6,001,177
Funding target for retired participants and beneficiaries receiving payment	2021-09-30	0
Number of terminated vested participants	2021-09-30	5
Fundng target for terminated vested participants	2021-09-30	94,659
Active participant vested funding target	2021-09-30	4,565,987
Number of active participants	2021-09-30	54
Total funding liabilities for active participants	2021-09-30	5,169,092
Total participant count	2021-09-30	59
Total funding target for all participants	2021-09-30	5,263,751
Balance at beginning of prior year after applicable adjustments	2021-09-30	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-09-30	0
Carryover balanced portion elected for use to offset prior years funding requirement	2021-09-30	0
Prefunding balanced used to offset prior years funding requirement	2021-09-30	0
Amount remaining of carryover balance	2021-09-30	0
Amount remaining of prefunding balance	2021-09-30	0
Present value of excess contributions	2021-09-30	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-09-30	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-09-30	0
Reductions in caryover balances due to elections or deemed elections	2021-09-30	0
Reductions in prefunding balances due to elections or deemed elections	2021-09-30	0
Balance of carryovers at beginning of current year	2021-09-30	0
Balance of prefunding at beginning of current year	2021-09-30	0
Total employer contributions	2021-09-30	0
Total employee contributions	2021-09-30	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-09-30	0
Contributions made to avoid restrictions adjusted to valuation date	2021-09-30	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-09-30	0
Unpaid minimum required contributions for all prior years	2021-09-30	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-09-30	0
Remaining amount of unpaid minimum required contributions	2021-09-30	0
Minimum required contributions for current year target normal cost	2021-09-30	31,186
Net shortfall amortization installment of oustanding balance	2021-09-30	0
Total funding amount beforereflecting carryover/prefunding balances	2021-09-30	0
Additional cash requirement	2021-09-30	0
Contributions allocatedtoward minimum required contributions for current year	2021-09-30	0
Unpaid minimum required contributions for current year	2021-09-30	0
Unpaid minimum required contributions for all years	2021-09-30	0
Total participants, beginning-of-year	2021-07-30	59
Total number of active participants reported on line 7a of the Form 5500	2021-07-30	52
Number of retired or separated participants receiving benefits	2021-07-30	2
Number of other retired or separated participants entitled to future benefits	2021-07-30	5
Total of all active and inactive participants	2021-07-30	59
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-07-30	0
Total participants	2021-07-30	59

Financial Data on GREDE MEADVILLE RETIREMENT PLAN

Measure	Date	Value
2022 : GREDE MEADVILLE RETIREMENT PLAN 2022 401k financial data
Total income from all sources	2022-09-30	$-1,311,291
Expenses. Total of all expenses incurred	2022-09-30	$143,514
Benefits paid (including direct rollovers)	2022-09-30	$47,749
Total plan assets at end of year	2022-09-30	$4,424,697
Total plan assets at beginning of year	2022-09-30	$5,879,502
Value of fidelity bond covering the plan	2022-09-30	$3,000,000
Expenses. Other expenses not covered elsewhere	2022-09-30	$95,765
Other income received	2022-09-30	$-1,311,291
Net income (gross income less expenses)	2022-09-30	$-1,454,805
Net plan assets at end of year (total assets less liabilities)	2022-09-30	$4,424,697
Net plan assets at beginning of year (total assets less liabilities)	2022-09-30	$5,879,502
2021 : GREDE MEADVILLE RETIREMENT PLAN 2021 401k financial data
Transfers to/from the plan	2021-09-30	$5,937,355
Total income from all sources	2021-09-30	$63,822
Expenses. Total of all expenses incurred	2021-09-30	$0
Total plan assets at end of year	2021-09-30	$6,001,177
Total plan assets at beginning of year	2021-09-30	$0
Value of fidelity bond covering the plan	2021-09-30	$93,608
Other income received	2021-09-30	$63,822
Net income (gross income less expenses)	2021-09-30	$63,822
Net plan assets at end of year (total assets less liabilities)	2021-09-30	$6,001,177
Net plan assets at beginning of year (total assets less liabilities)	2021-09-30	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-09-30	$0

Form 5500 Responses for GREDE MEADVILLE RETIREMENT PLAN

2021: GREDE MEADVILLE RETIREMENT PLAN 2021 form 5500 responses
2021-10-01	Type of plan entity	Single employer plan
2021-10-01	Submission has been amended	No
2021-10-01	This submission is the final filing	No
2021-10-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-10-01	Plan is a collectively bargained plan	No
2021-10-01	Plan funding arrangement – Insurance	Yes
2021-10-01	Plan funding arrangement – Trust	Yes
2021-10-01	Plan benefit arrangement – Insurance	Yes
2021-10-01	Plan benefit arrangement - Trust	Yes
2021-07-30	Type of plan entity	Single employer plan
2021-07-30	First time form 5500 has been submitted	Yes
2021-07-30	Submission has been amended	No
2021-07-30	This submission is the final filing	No
2021-07-30	This return/report is a short plan year return/report (less than 12 months)	Yes
2021-07-30	Plan is a collectively bargained plan	No
2021-07-30	Plan funding arrangement – Insurance	Yes
2021-07-30	Plan funding arrangement – Trust	Yes
2021-07-30	Plan benefit arrangement – Insurance	Yes
2021-07-30	Plan benefit arrangement - Trust	Yes

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Company Name:	ADVANCED CAST PRODUCTS, INC.
Employer identification number (EIN):	251607691
NAIC Classification:	331500