BAY METALS & FABRICATION, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BAY METALS & FABRICATION, LLC HEALTH & WELFARE BENEFIT PLAN
401k plan membership statisitcs for BAY METALS & FABRICATION, LLC HEALTH & WELFARE BENEFIT PLAN
| Measure | Date | Value |
|---|
| 2022: BAY METALS & FABRICATION, LLC HEALTH & WELFARE BENEFIT PLAN 2022 401k membership |
|---|
| Total participants, beginning-of-year | 2022-03-01 | 89 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-03-01 | 87 |
| Number of retired or separated participants receiving benefits | 2022-03-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2022-03-01 | 0 |
| Total of all active and inactive participants | 2022-03-01 | 87 |
| 2021: BAY METALS & FABRICATION, LLC HEALTH & WELFARE BENEFIT PLAN 2021 401k membership |
|---|
| Total participants, beginning-of-year | 2021-03-01 | 82 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-03-01 | 83 |
| Number of retired or separated participants receiving benefits | 2021-03-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2021-03-01 | 0 |
| Total of all active and inactive participants | 2021-03-01 | 83 |
| 2020: BAY METALS & FABRICATION, LLC HEALTH & WELFARE BENEFIT PLAN 2020 401k membership |
|---|
| Total participants, beginning-of-year | 2020-03-01 | 70 |
| Total number of active participants reported on line 7a of the Form 5500 | 2020-03-01 | 82 |
| Number of retired or separated participants receiving benefits | 2020-03-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2020-03-01 | 0 |
| Total of all active and inactive participants | 2020-03-01 | 82 |
| 2019: BAY METALS & FABRICATION, LLC HEALTH & WELFARE BENEFIT PLAN 2019 401k membership |
|---|
| Total participants, beginning-of-year | 2019-03-01 | 67 |
| Total number of active participants reported on line 7a of the Form 5500 | 2019-03-01 | 70 |
| Number of retired or separated participants receiving benefits | 2019-03-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2019-03-01 | 0 |
| Total of all active and inactive participants | 2019-03-01 | 70 |
| Measure | Date | Value |
|---|
| 2023 : BAY METALS & FABRICATION, LLC HEALTH & WELFARE BENEFIT PLAN 2023 401k financial data |
|---|
| Total plan liabilities at end of year | 2023-02-28 | $100,664 |
| Total plan liabilities at beginning of year | 2023-02-28 | $84,332 |
| Total income from all sources | 2023-02-28 | $1,027,477 |
| Expenses. Total of all expenses incurred | 2023-02-28 | $1,003,056 |
| Benefits paid (including direct rollovers) | 2023-02-28 | $653,981 |
| Total plan assets at end of year | 2023-02-28 | $63,661 |
| Total plan assets at beginning of year | 2023-02-28 | $22,908 |
| Value of fidelity bond covering the plan | 2023-02-28 | $200,000 |
| Total contributions received or receivable from participants | 2023-02-28 | $312,894 |
| Expenses. Other expenses not covered elsewhere | 2023-02-28 | $340,081 |
| Contributions received from other sources (not participants or employers) | 2023-02-28 | $692 |
| Other income received | 2023-02-28 | $0 |
| Net income (gross income less expenses) | 2023-02-28 | $24,421 |
| Net plan assets at end of year (total assets less liabilities) | 2023-02-28 | $-37,003 |
| Net plan assets at beginning of year (total assets less liabilities) | 2023-02-28 | $-61,424 |
| Total contributions received or receivable from employer(s) | 2023-02-28 | $713,891 |
| Value of corrective distributions | 2023-02-28 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2023-02-28 | $8,994 |
| 2022 : BAY METALS & FABRICATION, LLC HEALTH & WELFARE BENEFIT PLAN 2022 401k financial data |
|---|
| Total plan liabilities at end of year | 2022-02-28 | $84,332 |
| Total plan liabilities at beginning of year | 2022-02-28 | $105,393 |
| Total income from all sources | 2022-02-28 | $945,991 |
| Expenses. Total of all expenses incurred | 2022-02-28 | $944,655 |
| Benefits paid (including direct rollovers) | 2022-02-28 | $611,188 |
| Total plan assets at end of year | 2022-02-28 | $22,908 |
| Total plan assets at beginning of year | 2022-02-28 | $42,633 |
| Value of fidelity bond covering the plan | 2022-02-28 | $200,000 |
| Total contributions received or receivable from participants | 2022-02-28 | $308,871 |
| Expenses. Other expenses not covered elsewhere | 2022-02-28 | $299,952 |
| Contributions received from other sources (not participants or employers) | 2022-02-28 | $1,164 |
| Net income (gross income less expenses) | 2022-02-28 | $1,336 |
| Net plan assets at end of year (total assets less liabilities) | 2022-02-28 | $-61,424 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-02-28 | $-62,760 |
| Total contributions received or receivable from employer(s) | 2022-02-28 | $635,956 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2022-02-28 | $33,515 |
| 2021 : BAY METALS & FABRICATION, LLC HEALTH & WELFARE BENEFIT PLAN 2021 401k financial data |
|---|
| Total plan liabilities at end of year | 2021-02-28 | $105,393 |
| Total plan liabilities at beginning of year | 2021-02-28 | $46,260 |
| Total income from all sources | 2021-02-28 | $898,931 |
| Expenses. Total of all expenses incurred | 2021-02-28 | $924,735 |
| Benefits paid (including direct rollovers) | 2021-02-28 | $619,381 |
| Total plan assets at end of year | 2021-02-28 | $42,633 |
| Total plan assets at beginning of year | 2021-02-28 | $9,304 |
| Value of fidelity bond covering the plan | 2021-02-28 | $200,000 |
| Total contributions received or receivable from participants | 2021-02-28 | $279,766 |
| Expenses. Other expenses not covered elsewhere | 2021-02-28 | $273,663 |
| Contributions received from other sources (not participants or employers) | 2021-02-28 | $0 |
| Other income received | 2021-02-28 | $0 |
| Net income (gross income less expenses) | 2021-02-28 | $-25,804 |
| Net plan assets at end of year (total assets less liabilities) | 2021-02-28 | $-62,760 |
| Net plan assets at beginning of year (total assets less liabilities) | 2021-02-28 | $-36,956 |
| Total contributions received or receivable from employer(s) | 2021-02-28 | $619,165 |
| Value of corrective distributions | 2021-02-28 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2021-02-28 | $31,691 |
| 2020 : BAY METALS & FABRICATION, LLC HEALTH & WELFARE BENEFIT PLAN 2020 401k financial data |
|---|
| Total plan liabilities at end of year | 2020-02-29 | $46,260 |
| Total income from all sources | 2020-02-29 | $780,215 |
| Expenses. Total of all expenses incurred | 2020-02-29 | $817,171 |
| Benefits paid (including direct rollovers) | 2020-02-29 | $551,655 |
| Total plan assets at end of year | 2020-02-29 | $9,304 |
| Value of fidelity bond covering the plan | 2020-02-29 | $200,000 |
| Total contributions received or receivable from participants | 2020-02-29 | $265,096 |
| Expenses. Other expenses not covered elsewhere | 2020-02-29 | $235,034 |
| Net income (gross income less expenses) | 2020-02-29 | $-36,956 |
| Net plan assets at end of year (total assets less liabilities) | 2020-02-29 | $-36,956 |
| Net plan assets at beginning of year (total assets less liabilities) | 2020-02-29 | $0 |
| Total contributions received or receivable from employer(s) | 2020-02-29 | $515,119 |
| Value of corrective distributions | 2020-02-29 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2020-02-29 | $30,482 |
| 2022: BAY METALS & FABRICATION, LLC HEALTH & WELFARE BENEFIT PLAN 2022 form 5500 responses |
|---|
| 2022-03-01 | Type of plan entity | Single employer plan |
| 2022-03-01 | Submission has been amended | No |
| 2022-03-01 | This submission is the final filing | No |
| 2022-03-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2022-03-01 | Plan is a collectively bargained plan | No |
| 2022-03-01 | Plan funding arrangement – Trust | Yes |
| 2022-03-01 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2022-03-01 | Plan benefit arrangement – Insurance | Yes |
| 2022-03-01 | Plan benefit arrangement - Trust | Yes |
| 2022-03-01 | Plan benefit arrangement – General assets of the sponsor | Yes |
| 2021: BAY METALS & FABRICATION, LLC HEALTH & WELFARE BENEFIT PLAN 2021 form 5500 responses |
|---|
| 2021-03-01 | Type of plan entity | Single employer plan |
| 2021-03-01 | Submission has been amended | No |
| 2021-03-01 | This submission is the final filing | No |
| 2021-03-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2021-03-01 | Plan is a collectively bargained plan | No |
| 2021-03-01 | Plan funding arrangement – Trust | Yes |
| 2021-03-01 | Plan benefit arrangement – Insurance | Yes |
| 2021-03-01 | Plan benefit arrangement - Trust | Yes |
| 2020: BAY METALS & FABRICATION, LLC HEALTH & WELFARE BENEFIT PLAN 2020 form 5500 responses |
|---|
| 2020-03-01 | Type of plan entity | Single employer plan |
| 2020-03-01 | Submission has been amended | No |
| 2020-03-01 | This submission is the final filing | No |
| 2020-03-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2020-03-01 | Plan is a collectively bargained plan | No |
| 2020-03-01 | Plan funding arrangement – Trust | Yes |
| 2020-03-01 | Plan benefit arrangement – Insurance | Yes |
| 2020-03-01 | Plan benefit arrangement - Trust | Yes |
| 2019: BAY METALS & FABRICATION, LLC HEALTH & WELFARE BENEFIT PLAN 2019 form 5500 responses |
|---|
| 2019-03-01 | Type of plan entity | Single employer plan |
| 2019-03-01 | First time form 5500 has been submitted | Yes |
| 2019-03-01 | Submission has been amended | No |
| 2019-03-01 | This submission is the final filing | No |
| 2019-03-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2019-03-01 | Plan is a collectively bargained plan | No |
| 2019-03-01 | Plan funding arrangement – Trust | Yes |
| 2019-03-01 | Plan benefit arrangement – Insurance | Yes |
| 2019-03-01 | Plan benefit arrangement - Trust | Yes |
| EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 ) |
| Policy contract number | 30500463 |
| Policy instance | 1 |
| Insurance contract or identification number | 30500463 | | Number of Individuals Covered | 87 | | Insurance policy start date | 2022-03-01 | | Insurance policy end date | 2023-02-28 | | Are there contracts with allocated funds for individual policies? | 0 | | Are there contracts with allocated funds for group deferred annuity? | No | | Are there contracts with allocated funds for types other than group deferred annuity or individual? | No | | Contract purchased, in whole or in part, to distribute benefits from a terminating plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | Are there contracts with unallocated funds for contracts of type immediate participation guarantee? | No | | Are there contracts with unallocated funds for contracts of type guaranteed investment? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $287,274 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
| EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 ) |
| Policy contract number | 30500463 |
| Policy instance | 1 |
| Insurance contract or identification number | 30500463 | | Number of Individuals Covered | 83 | | Insurance policy start date | 2021-03-01 | | Insurance policy end date | 2022-02-28 | | Are there contracts with allocated funds for individual policies? | 0 | | Are there contracts with allocated funds for group deferred annuity? | No | | Are there contracts with allocated funds for types other than group deferred annuity or individual? | No | | Contract purchased, in whole or in part, to distribute benefits from a terminating plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | Are there contracts with unallocated funds for contracts of type immediate participation guarantee? | No | | Are there contracts with unallocated funds for contracts of type guaranteed investment? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $250,601 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
| EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 ) |
| Policy contract number | 30500463 |
| Policy instance | 1 |
| Insurance contract or identification number | 30500463 | | Number of Individuals Covered | 82 | | Insurance policy start date | 2020-03-01 | | Insurance policy end date | 2021-02-28 | | Are there contracts with allocated funds for individual policies? | 0 | | Are there contracts with allocated funds for group deferred annuity? | No | | Are there contracts with allocated funds for types other than group deferred annuity or individual? | No | | Contract purchased, in whole or in part, to distribute benefits from a terminating plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | Are there contracts with unallocated funds for contracts of type immediate participation guarantee? | No | | Are there contracts with unallocated funds for contracts of type guaranteed investment? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $228,830 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
| EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 ) |
| Policy contract number | 30500463 |
| Policy instance | 1 |
| Insurance contract or identification number | 30500463 | | Number of Individuals Covered | 70 | | Insurance policy start date | 2019-03-01 | | Insurance policy end date | 2020-02-29 | | Are there contracts with allocated funds for individual policies? | 0 | | Are there contracts with allocated funds for group deferred annuity? | No | | Are there contracts with allocated funds for types other than group deferred annuity or individual? | No | | Contract purchased, in whole or in part, to distribute benefits from a terminating plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | Are there contracts with unallocated funds for contracts of type immediate participation guarantee? | No | | Are there contracts with unallocated funds for contracts of type guaranteed investment? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $193,516 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
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