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SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN 401k Plan overview

Plan NameSPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN
Plan identification number 002

SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.

401k Sponsoring company profile

SPAULDING COMPOSITES, INC. has sponsored the creation of one or more 401k plans.

Company Name:SPAULDING COMPOSITES, INC.
Employer identification number (EIN):320095131
NAIC Classification:339900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01MICHAEL C. BECKER2023-07-24
0022021-01-01MICHAEL C. BECKER2022-07-26
0022021-01-01MICHAEL C. BECKER2022-07-26
0022020-01-01TAMMY THIBAULT2021-10-05
0022019-01-01TAMMY THIBAULT2020-10-14
0022018-01-01TAMMY THIBAULT2019-10-02
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01TAMMY THIBAULT2015-10-08
0022013-01-01TAMMY THIBAULT2015-10-08
0022012-01-01DONNITA ROCKWELL2013-05-15
0022011-01-01DONNITA ROCKWELL2012-07-25
0022010-01-01DONNITA R. ROCKWELL2011-06-27

Plan Statistics for SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN

401k plan membership statisitcs for SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN

Measure Date Value
2022: SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01164
Total number of active participants reported on line 7a of the Form 55002022-01-01118
Number of retired or separated participants receiving benefits2022-01-013
Number of other retired or separated participants entitled to future benefits2022-01-019
Total of all active and inactive participants2022-01-01130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01130
Number of participants with account balances2022-01-0142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-014
2021: SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01163
Total number of active participants reported on line 7a of the Form 55002021-01-01119
Number of retired or separated participants receiving benefits2021-01-0115
Number of other retired or separated participants entitled to future benefits2021-01-0121
Total of all active and inactive participants2021-01-01155
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01155
Number of participants with account balances2021-01-0171
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-015
2020: SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01166
Total number of active participants reported on line 7a of the Form 55002020-01-01131
Number of retired or separated participants receiving benefits2020-01-0115
Number of other retired or separated participants entitled to future benefits2020-01-0116
Total of all active and inactive participants2020-01-01162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01162
Number of participants with account balances2020-01-0168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-015
2019: SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01182
Total number of active participants reported on line 7a of the Form 55002019-01-01133
Number of retired or separated participants receiving benefits2019-01-0115
Number of other retired or separated participants entitled to future benefits2019-01-0118
Total of all active and inactive participants2019-01-01166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01166
Number of participants with account balances2019-01-0171
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-013
2018: SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01165
Total number of active participants reported on line 7a of the Form 55002018-01-01160
Number of retired or separated participants receiving benefits2018-01-016
Number of other retired or separated participants entitled to future benefits2018-01-0114
Total of all active and inactive participants2018-01-01180
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01180
Number of participants with account balances2018-01-0177
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010

Financial Data on SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN

Measure Date Value
2022 : SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$1,897
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$1,251
Total income from all sources (including contributions)2022-12-31$-268,495
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$440,807
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$436,310
Value of total corrective distributions2022-12-31$1,897
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$195,610
Value of total assets at end of year2022-12-31$2,000,291
Value of total assets at beginning of year2022-12-31$2,708,947
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$2,600
Total interest from all sources2022-12-31$1,049
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
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$500,000
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$170,373
Participant contributions at end of year2022-12-31$4,095
Participant contributions at beginning of year2022-12-31$14,515
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$3,063
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$1,897
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$1,251
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-709,302
Value of net assets at end of year (total assets less liabilities)2022-12-31$1,998,394
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$2,707,696
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 pooled separate accounts at end of year2022-12-31$1,959,976
Value of interest in pooled separate accounts at beginning of year2022-12-31$2,631,410
Interest on participant loans2022-12-31$243
Interest earned on other investments2022-12-31$806
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$36,220
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$59,372
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-465,154
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$25,237
Employer contributions (assets) at end of year2022-12-31$0
Employer contributions (assets) at beginning of year2022-12-31$587
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$436,310
Contract administrator fees2022-12-31$2,600
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 name2022-12-31NATHAN WECHSLER & CO P.A.
Accountancy firm EIN2022-12-31020327524
2021 : SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$1,251
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$7,992
Total income from all sources (including contributions)2021-12-31$563,614
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$98,091
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$92,069
Value of total corrective distributions2021-12-31$1,251
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$222,347
Value of total assets at end of year2021-12-31$2,708,947
Value of total assets at beginning of year2021-12-31$2,250,165
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$4,771
Total interest from all sources2021-12-31$2,011
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
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$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$189,467
Participant contributions at end of year2021-12-31$14,515
Participant contributions at beginning of year2021-12-31$13,229
Participant contributions at end of year2021-12-31$3,063
Participant contributions at beginning of year2021-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$1,251
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$7,992
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$465,523
Value of net assets at end of year (total assets less liabilities)2021-12-31$2,707,696
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$2,242,173
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 pooled separate accounts at end of year2021-12-31$2,631,410
Value of interest in pooled separate accounts at beginning of year2021-12-31$2,174,382
Interest on participant loans2021-12-31$606
Interest earned on other investments2021-12-31$1,405
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$59,372
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$62,362
Net investment gain/loss from pooled separate accounts2021-12-31$339,256
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$32,880
Employer contributions (assets) at end of year2021-12-31$587
Employer contributions (assets) at beginning of year2021-12-31$192
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$92,069
Contract administrator fees2021-12-31$4,771
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 name2021-12-31NATHAN WECHSLER & CO P.A.
Accountancy firm EIN2021-12-31020327524
2020 : SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$7,992
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$5,603
Total income from all sources (including contributions)2020-12-31$542,841
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$610,746
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$599,153
Value of total corrective distributions2020-12-31$7,992
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$227,459
Value of total assets at end of year2020-12-31$2,250,165
Value of total assets at beginning of year2020-12-31$2,315,681
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$3,601
Total interest from all sources2020-12-31$2,976
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
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$1,000,000
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$180,920
Participant contributions at end of year2020-12-31$13,229
Participant contributions at beginning of year2020-12-31$73,223
Participant contributions at end of year2020-12-31$0
Participant contributions at beginning of year2020-12-31$3,369
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$14,022
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$7,992
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$5,603
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$-67,905
Value of net assets at end of year (total assets less liabilities)2020-12-31$2,242,173
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$2,310,078
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 pooled separate accounts at end of year2020-12-31$2,174,382
Value of interest in pooled separate accounts at beginning of year2020-12-31$2,147,496
Interest on participant loans2020-12-31$2,976
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$62,362
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$90,694
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$312,406
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 contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$32,517
Employer contributions (assets) at end of year2020-12-31$192
Employer contributions (assets) at beginning of year2020-12-31$899
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$599,153
Contract administrator fees2020-12-31$3,601
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 name2020-12-31NATHAN WECHSLER & CO P.A.
Accountancy firm EIN2020-12-31020327524
2019 : SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$5,603
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$5,603
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$770,780
Total income from all sources (including contributions)2019-12-31$770,780
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$1,469,154
Total of all expenses incurred2019-12-31$1,469,154
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,460,451
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,460,451
Value of total corrective distributions2019-12-31$5,603
Value of total corrective distributions2019-12-31$5,603
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$255,154
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$255,154
Value of total assets at end of year2019-12-31$2,315,681
Value of total assets at end of year2019-12-31$2,315,681
Value of total assets at beginning of year2019-12-31$3,008,452
Value of total assets at beginning of year2019-12-31$3,008,452
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$3,100
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$3,100
Total interest from all sources2019-12-31$6,014
Total interest from all sources2019-12-31$6,014
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
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
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$1,000,000
Value of fidelity bond cover2019-12-31$1,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$212,075
Contributions received from participants2019-12-31$212,075
Participant contributions at end of year2019-12-31$73,223
Participant contributions at end of year2019-12-31$73,223
Participant contributions at beginning of year2019-12-31$113,163
Participant contributions at beginning of year2019-12-31$113,163
Participant contributions at end of year2019-12-31$3,369
Participant contributions at end of year2019-12-31$3,369
Participant contributions at beginning of year2019-12-31$0
Participant contributions at beginning of year2019-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$5,603
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$5,603
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$0
Other income not declared elsewhere2019-12-31$5,416
Other income not declared elsewhere2019-12-31$5,416
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$-698,374
Value of net income/loss2019-12-31$-698,374
Value of net assets at end of year (total assets less liabilities)2019-12-31$2,310,078
Value of net assets at end of year (total assets less liabilities)2019-12-31$2,310,078
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$3,008,452
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$3,008,452
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
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 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
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in pooled separate accounts at end of year2019-12-31$2,147,496
Value of interest in pooled separate accounts at end of year2019-12-31$2,147,496
Value of interest in pooled separate accounts at beginning of year2019-12-31$2,757,812
Value of interest in pooled separate accounts at beginning of year2019-12-31$2,757,812
Interest on participant loans2019-12-31$3,653
Interest on participant loans2019-12-31$3,653
Interest earned on other investments2019-12-31$2,361
Interest earned on other investments2019-12-31$2,361
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$90,694
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$90,694
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$137,477
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$137,477
Net investment gain/loss from pooled separate accounts2019-12-31$504,196
Net investment gain/loss from pooled separate accounts2019-12-31$504,196
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
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
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
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$43,079
Contributions received in cash from employer2019-12-31$43,079
Employer contributions (assets) at end of year2019-12-31$899
Employer contributions (assets) at end of year2019-12-31$899
Employer contributions (assets) at beginning of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,460,451
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,460,451
Contract administrator fees2019-12-31$3,100
Contract administrator fees2019-12-31$3,100
Did the plan have assets held for investment2019-12-31Yes
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
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
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
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
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31NATHAN WECHSLER & CO P.A.
Accountancy firm name2019-12-31NATHAN WECHSLER & CO P.A.
Accountancy firm EIN2019-12-31020327524
Accountancy firm EIN2019-12-31020327524
2018 : SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$425
Total income from all sources (including contributions)2018-12-31$125,068
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$410,802
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$405,636
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$344,628
Value of total assets at end of year2018-12-31$3,008,452
Value of total assets at beginning of year2018-12-31$3,294,611
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$5,166
Total interest from all sources2018-12-31$7,693
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
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$223,965
Participant contributions at end of year2018-12-31$113,163
Participant contributions at beginning of year2018-12-31$109,074
Participant contributions at end of year2018-12-31$0
Participant contributions at beginning of year2018-12-31$4,814
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$72,983
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$425
Other income not declared elsewhere2018-12-31$-2,863
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$-285,734
Value of net assets at end of year (total assets less liabilities)2018-12-31$3,008,452
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$3,294,186
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 pooled separate accounts at end of year2018-12-31$2,757,812
Value of interest in pooled separate accounts at beginning of year2018-12-31$3,068,322
Interest on participant loans2018-12-31$5,442
Interest earned on other investments2018-12-31$2,229
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$22
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$137,477
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$111,427
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-224,390
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 contributions2018-12-31Yes
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$47,680
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$974
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$405,636
Contract administrator fees2018-12-31$5,166
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 name2018-12-31NATHAN WECHSLER & CO P.A.
Accountancy firm EIN2018-12-31020327524

Form 5500 Responses for SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN

2022: SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN 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 - TrustYes
2021: SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN 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 - TrustYes
2020: SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN 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 - TrustYes
2019: SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN 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 - TrustYes
2018: SPAULDING COMPOSITES, INC. PERSONAL RETIREMENT PLAN 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 - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number878780
Policy instance 1
Insurance contract or identification number878780
Number of Individuals Covered42
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $5,497
Total amount of fees paid to insurance companyUSD $0
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $5,497
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerINSURANCE AGENT/BROKER
Insurance broker organization code?3
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number878780
Policy instance 1
Insurance contract or identification number878780
Number of Individuals Covered71
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $10,010
Total amount of fees paid to insurance companyUSD $0
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $10,010
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerINSURANCE AGENT/BROKER
Insurance broker organization code?3
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number878780
Policy instance 1
Insurance contract or identification number878780
Number of Individuals Covered68
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $8,340
Total amount of fees paid to insurance companyUSD $1,045
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $8,340
Insurance broker organization code?3
Amount paid for insurance broker fees1045
Additional information about fees paid to insurance brokerTPA PARTNERSHIP PROGRAM
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number878780
Policy instance 1
Insurance contract or identification number878780
Number of Individuals Covered67
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $10,860
Total amount of fees paid to insurance companyUSD $1,448
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $10,860
Insurance broker organization code?3
Amount paid for insurance broker fees1448
Additional information about fees paid to insurance brokerTPA PARTNERSHIP PROGRAM
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number878780
Policy instance 1
Insurance contract or identification number878780
Number of Individuals Covered77
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $13,274
Total amount of fees paid to insurance companyUSD $1,642
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $13,274
Insurance broker organization code?3
Amount paid for insurance broker fees1642
Additional information about fees paid to insurance brokerTPA FORUM PAYMENT

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