RAMCO ELECTRIC MOTORS, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan RAMCO ELECTRIC MOTORS, INC. 401(K) PLAN
| Measure | Date | Value |
|---|
| 2022 : RAMCO ELECTRIC MOTORS, INC. 401(K) PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-10-19 | $0 |
| Total transfer of assets from this plan | 2022-10-19 | $2,824,517 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-10-19 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-10-19 | $4,810 |
| Total income from all sources (including contributions) | 2022-10-19 | $4,798 |
| Total loss/gain on sale of assets | 2022-10-19 | $0 |
| Total of all expenses incurred | 2022-10-19 | $377,698 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-10-19 | $376,848 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-10-19 | $98,586 |
| Value of total assets at end of year | 2022-10-19 | $0 |
| Value of total assets at beginning of year | 2022-10-19 | $3,202,227 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-10-19 | $850 |
| Total interest from all sources | 2022-10-19 | $338 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-10-19 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-10-19 | No |
| Was this plan covered by a fidelity bond | 2022-10-19 | Yes |
| Value of fidelity bond cover | 2022-10-19 | $250,000 |
| If this is an individual account plan, was there a blackout period | 2022-10-19 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-10-19 | No |
| Contributions received from participants | 2022-10-19 | $80,167 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-10-19 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-10-19 | $4,810 |
| Administrative expenses (other) incurred | 2022-10-19 | $850 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-10-19 | No |
| Value of net income/loss | 2022-10-19 | $-372,900 |
| Value of net assets at end of year (total assets less liabilities) | 2022-10-19 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-10-19 | $3,197,417 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-10-19 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-10-19 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-10-19 | No |
| Value of interest in pooled separate accounts at end of year | 2022-10-19 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2022-10-19 | $3,068,819 |
| Interest earned on other investments | 2022-10-19 | $338 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-10-19 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-10-19 | $131,682 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-10-19 | $0 |
| Net investment gain/loss from pooled separate accounts | 2022-10-19 | $-94,126 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-10-19 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-10-19 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-10-19 | No |
| Contributions received in cash from employer | 2022-10-19 | $18,419 |
| Employer contributions (assets) at end of year | 2022-10-19 | $0 |
| Employer contributions (assets) at beginning of year | 2022-10-19 | $1,726 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-10-19 | $376,848 |
| Did the plan have assets held for investment | 2022-10-19 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-10-19 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-10-19 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2022-10-19 | Unqualified |
| Accountancy firm name | 2022-10-19 | CLARK, SCHAEFER, HACKETT & CO. |
| Accountancy firm EIN | 2022-10-19 | 310800053 |
| Total unrealized appreciation/depreciation of assets | 2022-07-01 | $0 |
| Total transfer of assets to this plan | 2022-07-01 | $57,960 |
| Total transfer of assets from this plan | 2022-07-01 | $2,824,517 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-07-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-07-01 | $4,810 |
| Total income from all sources (including contributions) | 2022-07-01 | $5,200 |
| Total loss/gain on sale of assets | 2022-07-01 | $0 |
| Total of all expenses incurred | 2022-07-01 | $377,698 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-07-01 | $376,848 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-07-01 | $98,586 |
| Value of total assets at end of year | 2022-07-01 | $58,362 |
| Value of total assets at beginning of year | 2022-07-01 | $3,202,227 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-07-01 | $850 |
| Total interest from all sources | 2022-07-01 | $740 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-07-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-07-01 | No |
| Was this plan covered by a fidelity bond | 2022-07-01 | Yes |
| Value of fidelity bond cover | 2022-07-01 | $250,000 |
| If this is an individual account plan, was there a blackout period | 2022-07-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-07-01 | No |
| Contributions received from participants | 2022-07-01 | $80,167 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-07-01 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-07-01 | $4,810 |
| Administrative expenses (other) incurred | 2022-07-01 | $850 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-07-01 | No |
| Value of net income/loss | 2022-07-01 | $-372,498 |
| Value of net assets at end of year (total assets less liabilities) | 2022-07-01 | $58,362 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-07-01 | $3,197,417 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-07-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-07-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-07-01 | No |
| Value of interest in pooled separate accounts at end of year | 2022-07-01 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2022-07-01 | $3,068,819 |
| Interest earned on other investments | 2022-07-01 | $740 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-07-01 | $58,362 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-07-01 | $131,682 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-07-01 | $0 |
| Net investment gain/loss from pooled separate accounts | 2022-07-01 | $-94,126 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-07-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-07-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-07-01 | No |
| Contributions received in cash from employer | 2022-07-01 | $18,419 |
| Employer contributions (assets) at end of year | 2022-07-01 | $0 |
| Employer contributions (assets) at beginning of year | 2022-07-01 | $1,726 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-07-01 | $376,848 |
| Did the plan have assets held for investment | 2022-07-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-07-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-07-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-07-01 | 1 |
| Accountancy firm name | 2022-07-01 | CLARK, SCHAEFER, HACKETT & CO. |
| Accountancy firm EIN | 2022-07-01 | 310800053 |
| Total unrealized appreciation/depreciation of assets | 2022-06-30 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-06-30 | $4,810 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-06-30 | $9,488 |
| Total income from all sources (including contributions) | 2022-06-30 | $-166,547 |
| Total loss/gain on sale of assets | 2022-06-30 | $0 |
| Total of all expenses incurred | 2022-06-30 | $503,519 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-06-30 | $501,138 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-06-30 | $367,551 |
| Value of total assets at end of year | 2022-06-30 | $3,202,227 |
| Value of total assets at beginning of year | 2022-06-30 | $3,876,971 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-06-30 | $2,381 |
| Total interest from all sources | 2022-06-30 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-06-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-06-30 | No |
| Was this plan covered by a fidelity bond | 2022-06-30 | Yes |
| Value of fidelity bond cover | 2022-06-30 | $250,000 |
| If this is an individual account plan, was there a blackout period | 2022-06-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-06-30 | No |
| Contributions received from participants | 2022-06-30 | $297,401 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-06-30 | $4,810 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-06-30 | $9,488 |
| Administrative expenses (other) incurred | 2022-06-30 | $2,381 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-06-30 | No |
| Value of net income/loss | 2022-06-30 | $-670,066 |
| Value of net assets at end of year (total assets less liabilities) | 2022-06-30 | $3,197,417 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-06-30 | $3,867,483 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-06-30 | No |
| Value of interest in pooled separate accounts at end of year | 2022-06-30 | $3,068,819 |
| Value of interest in pooled separate accounts at beginning of year | 2022-06-30 | $3,823,758 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-06-30 | $131,682 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-06-30 | $53,213 |
| Net investment gain/loss from pooled separate accounts | 2022-06-30 | $-534,098 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-06-30 | No |
| Contributions received in cash from employer | 2022-06-30 | $70,150 |
| Employer contributions (assets) at end of year | 2022-06-30 | $1,726 |
| Employer contributions (assets) at beginning of year | 2022-06-30 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-06-30 | $501,138 |
| Did the plan have assets held for investment | 2022-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-06-30 | Unqualified |
| Accountancy firm name | 2022-06-30 | CLARK, SCHAEFER, HACKETT & CO. |
| Accountancy firm EIN | 2022-06-30 | 310800053 |
| 2021 : RAMCO ELECTRIC MOTORS, INC. 401(K) PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-06-30 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-06-30 | $9,488 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-06-30 | $0 |
| Total income from all sources (including contributions) | 2021-06-30 | $1,451,308 |
| Total loss/gain on sale of assets | 2021-06-30 | $0 |
| Total of all expenses incurred | 2021-06-30 | $994,782 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-06-30 | $980,478 |
| Value of total corrective distributions | 2021-06-30 | $11,654 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-06-30 | $387,328 |
| Value of total assets at end of year | 2021-06-30 | $3,876,971 |
| Value of total assets at beginning of year | 2021-06-30 | $3,410,957 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-06-30 | $2,650 |
| Total interest from all sources | 2021-06-30 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-06-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-06-30 | No |
| Was this plan covered by a fidelity bond | 2021-06-30 | Yes |
| Value of fidelity bond cover | 2021-06-30 | $250,000 |
| If this is an individual account plan, was there a blackout period | 2021-06-30 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-06-30 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-06-30 | No |
| Contributions received from participants | 2021-06-30 | $310,684 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-06-30 | $7,013 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-06-30 | $9,488 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-06-30 | $0 |
| Administrative expenses (other) incurred | 2021-06-30 | $2,650 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-06-30 | No |
| Value of net income/loss | 2021-06-30 | $456,526 |
| Value of net assets at end of year (total assets less liabilities) | 2021-06-30 | $3,867,483 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-06-30 | $3,410,957 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-06-30 | No |
| Value of interest in pooled separate accounts at end of year | 2021-06-30 | $3,823,758 |
| Value of interest in pooled separate accounts at beginning of year | 2021-06-30 | $3,372,482 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-06-30 | $53,213 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-06-30 | $38,475 |
| Net investment gain/loss from pooled separate accounts | 2021-06-30 | $1,063,980 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-06-30 | No |
| Contributions received in cash from employer | 2021-06-30 | $69,631 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-06-30 | $980,478 |
| Did the plan have assets held for investment | 2021-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-06-30 | Disclaimer |
| Accountancy firm name | 2021-06-30 | CLARK, SCHAEFER, HACKETT & CO. |
| Accountancy firm EIN | 2021-06-30 | 310800053 |
