BEARING TECHNOLOGIES, LTD has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BEARING TECHNOLOGIES, LTD 401(K) PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2023 : BEARING TECHNOLOGIES, LTD 401(K) PROFIT SHARING PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $3,094,226 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,076,094 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,058,257 |
| Expenses. Certain deemed distributions of participant loans | 2023-12-31 | $3,561 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,134,519 |
| Value of total assets at end of year | 2023-12-31 | $15,292,581 |
| Value of total assets at beginning of year | 2023-12-31 | $13,274,449 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $14,276 |
| Total interest from all sources | 2023-12-31 | $31,241 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $466,663 |
| Participant contributions at end of year | 2023-12-31 | $371,892 |
| Participant contributions at beginning of year | 2023-12-31 | $369,592 |
| Participant contributions at end of year | 2023-12-31 | $0 |
| Participant contributions at beginning of year | 2023-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $2,018,132 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $15,292,581 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $13,274,449 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $14,530,165 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $12,615,091 |
| Interest on participant loans | 2023-12-31 | $31,241 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $9,432 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $8,554 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $8,554 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $1,928,466 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $667,856 |
| Employer contributions (assets) at end of year | 2023-12-31 | $381,092 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $281,212 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,058,257 |
| Contract administrator fees | 2023-12-31 | $14,276 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2023-12-31 | Yes |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | HOBE AND LUCAS CPAS |
| Accountancy firm EIN | 2023-12-31 | 311488076 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $3,094,226 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $1,076,094 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $1,058,257 |
| Expenses. Certain deemed distributions of participant loans | 2023-01-01 | $3,561 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,134,519 |
| Value of total assets at end of year | 2023-01-01 | $15,292,581 |
| Value of total assets at beginning of year | 2023-01-01 | $13,274,449 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $14,276 |
| Total interest from all sources | 2023-01-01 | $31,241 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $466,663 |
| Participant contributions at end of year | 2023-01-01 | $371,892 |
| Participant contributions at beginning of year | 2023-01-01 | $369,592 |
| Participant contributions at end of year | 2023-01-01 | $0 |
| Participant contributions at beginning of year | 2023-01-01 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $2,018,132 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $15,292,581 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $13,274,449 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $14,530,165 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $12,615,091 |
| Interest on participant loans | 2023-01-01 | $31,241 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $9,432 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $1,928,466 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $667,856 |
| Employer contributions (assets) at end of year | 2023-01-01 | $381,092 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $281,212 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $1,058,257 |
| Contract administrator fees | 2023-01-01 | $14,276 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2023-01-01 | Yes |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | HOBE AND LUCAS CPAS |
| Accountancy firm EIN | 2023-01-01 | 311488076 |
| 2022 : BEARING TECHNOLOGIES, LTD 401(K) PROFIT SHARING PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-1,388,068 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $222,348 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $213,049 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $978,033 |
| Value of total assets at end of year | 2022-12-31 | $13,274,449 |
| Value of total assets at beginning of year | 2022-12-31 | $14,884,865 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $9,299 |
| Total interest from all sources | 2022-12-31 | $22,111 |
| 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 year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $432,229 |
| Participant contributions at end of year | 2022-12-31 | $369,592 |
| Participant contributions at beginning of year | 2022-12-31 | $407,733 |
| Participant contributions at end of year | 2022-12-31 | $0 |
| Participant contributions at beginning of year | 2022-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-1,610,416 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $13,274,449 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $14,884,865 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $12,615,091 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $14,185,042 |
| Interest on participant loans | 2022-12-31 | $22,111 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $8,554 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $8,807 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $8,807 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,388,212 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $545,804 |
| Employer contributions (assets) at end of year | 2022-12-31 | $281,212 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $283,283 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $213,049 |
| Contract administrator fees | 2022-12-31 | $9,299 |
| Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | HOBE AND LUCAS CPAS |
| Accountancy firm EIN | 2022-12-31 | 311488076 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-1,388,068 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $222,348 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $213,049 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $978,033 |
| Value of total assets at end of year | 2022-01-01 | $13,274,449 |
| Value of total assets at beginning of year | 2022-01-01 | $14,884,865 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $9,299 |
| Total interest from all sources | 2022-01-01 | $22,111 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $432,229 |
| Participant contributions at end of year | 2022-01-01 | $369,592 |
| Participant contributions at beginning of year | 2022-01-01 | $407,733 |
| Participant contributions at end of year | 2022-01-01 | $0 |
| Participant contributions at beginning of year | 2022-01-01 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-1,610,416 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $13,274,449 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $14,884,865 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $12,615,091 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $14,185,042 |
| Interest on participant loans | 2022-01-01 | $22,111 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $8,554 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-2,388,212 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $545,804 |
| Employer contributions (assets) at end of year | 2022-01-01 | $281,212 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $283,283 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $213,049 |
| Contract administrator fees | 2022-01-01 | $9,299 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | HOBE AND LUCAS CPAS |
| Accountancy firm EIN | 2022-01-01 | 311488076 |
| 2021 : BEARING TECHNOLOGIES, LTD 401(K) PROFIT SHARING PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $2,476,747 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $1,155,463 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,139,835 |
| Value of total corrective distributions | 2021-12-31 | $7,760 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $947,056 |
| Value of total assets at end of year | 2021-12-31 | $14,884,865 |
| Value of total assets at beginning of year | 2021-12-31 | $13,563,581 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $7,868 |
| Total interest from all sources | 2021-12-31 | $25,372 |
| 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 year | 2021-12-31 | No |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $406,410 |
| Participant contributions at end of year | 2021-12-31 | $407,733 |
| Participant contributions at beginning of year | 2021-12-31 | $445,076 |
| Participant contributions at end of year | 2021-12-31 | $0 |
| Participant contributions at beginning of year | 2021-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $1,321,284 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $14,884,865 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $13,563,581 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $14,185,042 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $12,835,935 |
| Interest on participant loans | 2021-12-31 | $25,372 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $8,807 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $2,570 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $2,570 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,504,319 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $540,646 |
| Employer contributions (assets) at end of year | 2021-12-31 | $283,283 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $280,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,139,835 |
| Contract administrator fees | 2021-12-31 | $7,868 |
| Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | HOBE AND LUCAS CPAS |
| Accountancy firm EIN | 2021-12-31 | 311488076 |
| 2020 : BEARING TECHNOLOGIES, LTD 401(K) PROFIT SHARING PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $2,086,828 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $1,017,345 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $1,010,535 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $866,475 |
| Value of total assets at end of year | 2020-12-31 | $13,563,581 |
| Value of total assets at beginning of year | 2020-12-31 | $12,494,098 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $6,810 |
| Total interest from all sources | 2020-12-31 | $32,759 |
| 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 year | 2020-12-31 | No |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $410,269 |
| Participant contributions at end of year | 2020-12-31 | $445,076 |
| Participant contributions at beginning of year | 2020-12-31 | $531,068 |
| Participant contributions at end of year | 2020-12-31 | $0 |
| Participant contributions at beginning of year | 2020-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $28,376 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $1,069,483 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $13,563,581 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $12,494,098 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $12,835,935 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $11,682,614 |
| Interest on participant loans | 2020-12-31 | $32,759 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $2,570 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $2,466 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $2,466 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,187,594 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $427,830 |
| Employer contributions (assets) at end of year | 2020-12-31 | $280,000 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $277,950 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $1,010,535 |
| Contract administrator fees | 2020-12-31 | $6,810 |
| Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | HOBE AND LUCAS CPAS |
| Accountancy firm EIN | 2020-12-31 | 311488076 |
| 2019 : BEARING TECHNOLOGIES, LTD 401(K) PROFIT SHARING PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total liabilities at end 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 | $3,109,191 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $1,910,299 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,902,260 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $955,255 |
| Value of total assets at end of year | 2019-12-31 | $12,494,098 |
| Value of total assets at beginning of year | 2019-12-31 | $11,295,206 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $8,039 |
| Total interest from all sources | 2019-12-31 | $35,274 |
| 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 year | 2019-12-31 | No |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $424,247 |
| Participant contributions at end of year | 2019-12-31 | $531,068 |
| Participant contributions at beginning of year | 2019-12-31 | $537,170 |
| Participant contributions at end of year | 2019-12-31 | $0 |
| Participant contributions at beginning of year | 2019-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $1,198,892 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $12,494,098 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $11,295,206 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $11,682,614 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $10,471,111 |
| Interest on participant loans | 2019-12-31 | $35,274 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $2,466 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $2,212 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $2,212 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $2,118,662 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $531,008 |
| Employer contributions (assets) at end of year | 2019-12-31 | $277,950 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $284,713 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,902,260 |
| Contract administrator fees | 2019-12-31 | $8,039 |
| Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | HOBE AND LUCAS CPAS |
| Accountancy firm EIN | 2019-12-31 | 311488076 |
| 2018 : BEARING TECHNOLOGIES, LTD 401(K) PROFIT SHARING PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $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 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $341,460 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $187,050 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $179,956 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $1,016,167 |
| Value of total assets at end of year | 2018-12-31 | $11,295,206 |
| Value of total assets at beginning of year | 2018-12-31 | $11,140,796 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $7,094 |
| Total interest from all sources | 2018-12-31 | $32,411 |
| 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 year | 2018-12-31 | No |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $420,569 |
| Participant contributions at end of year | 2018-12-31 | $537,170 |
| Participant contributions at beginning of year | 2018-12-31 | $505,878 |
| Participant contributions at end of year | 2018-12-31 | $0 |
| Participant contributions at beginning of year | 2018-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $45,717 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $154,410 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $11,295,206 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $11,140,796 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Investment advisory and management fees | 2018-12-31 | $4,800 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $10,471,111 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $10,356,467 |
| Interest on participant loans | 2018-12-31 | $32,411 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $2,212 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $1,628 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $1,628 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-707,118 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $549,881 |
| Employer contributions (assets) at end of year | 2018-12-31 | $284,713 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $276,823 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $179,956 |
| Contract administrator fees | 2018-12-31 | $2,294 |
| Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | HOBE AND LUCAS CPAS |
| Accountancy firm EIN | 2018-12-31 | 311488076 |
| 2017 : BEARING TECHNOLOGIES, LTD 401(K) PROFIT SHARING PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total income from all sources (including contributions) | 2017-12-31 | $2,408,087 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $569,456 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $558,612 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $981,344 |
| Value of total assets at end of year | 2017-12-31 | $11,140,796 |
| Value of total assets at beginning of year | 2017-12-31 | $9,302,165 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $10,844 |
| Total interest from all sources | 2017-12-31 | $27,838 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $436,678 |
| Participant contributions at end of year | 2017-12-31 | $505,878 |
| Participant contributions at beginning of year | 2017-12-31 | $395,856 |
| Participant contributions at end of year | 2017-12-31 | $0 |
| Participant contributions at beginning of year | 2017-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $1,838,631 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $11,140,796 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $9,302,165 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Investment advisory and management fees | 2017-12-31 | $8,827 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $10,356,467 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $8,549,168 |
| Interest on participant loans | 2017-12-31 | $27,838 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $1,628 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $1,004 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $1,004 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $1,398,905 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $544,666 |
| Employer contributions (assets) at end of year | 2017-12-31 | $276,823 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $356,137 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $558,612 |
| Contract administrator fees | 2017-12-31 | $2,017 |
| Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | HOBE AND LUCAS CPAS |
| Accountancy firm EIN | 2017-12-31 | 311488076 |
| 2016 : BEARING TECHNOLOGIES, LTD 401(K) PROFIT SHARING PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total income from all sources (including contributions) | 2016-12-31 | $1,644,184 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $476,170 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $467,860 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $1,026,389 |
| Value of total assets at end of year | 2016-12-31 | $9,302,165 |
| Value of total assets at beginning of year | 2016-12-31 | $8,134,151 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $8,310 |
| Total interest from all sources | 2016-12-31 | $18,501 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $420,195 |
| Participant contributions at end of year | 2016-12-31 | $395,856 |
| Participant contributions at beginning of year | 2016-12-31 | $298,461 |
| Participant contributions at end of year | 2016-12-31 | $0 |
| Participant contributions at beginning of year | 2016-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $1,168,014 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $9,302,165 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $8,134,151 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Investment advisory and management fees | 2016-12-31 | $7,128 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $8,549,168 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $7,532,801 |
| Interest on participant loans | 2016-12-31 | $18,501 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $1,004 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $913 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $913 |
| Net investment gain/loss from pooled separate accounts | 2016-12-31 | $599,294 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Contributions received in cash from employer | 2016-12-31 | $606,194 |
| Employer contributions (assets) at end of year | 2016-12-31 | $356,137 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $301,976 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $467,860 |
| Contract administrator fees | 2016-12-31 | $1,182 |
| Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | HOBE AND LUCAS CPAS |
| Accountancy firm EIN | 2016-12-31 | 311488076 |
| 2015 : BEARING TECHNOLOGIES, LTD 401(K) PROFIT SHARING PLAN 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total income from all sources (including contributions) | 2015-12-31 | $853,395 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $340,568 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $332,303 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $956,757 |
| Value of total assets at end of year | 2015-12-31 | $8,134,151 |
| Value of total assets at beginning of year | 2015-12-31 | $7,621,324 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $8,265 |
| Total interest from all sources | 2015-12-31 | $15,157 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $411,255 |
| Participant contributions at end of year | 2015-12-31 | $298,461 |
| Participant contributions at beginning of year | 2015-12-31 | $317,825 |
| Participant contributions at end of year | 2015-12-31 | $0 |
| Participant contributions at beginning of year | 2015-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $512,827 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $8,134,151 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $7,621,324 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Investment advisory and management fees | 2015-12-31 | $163 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $7,532,801 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $6,907,606 |
| Interest on participant loans | 2015-12-31 | $15,157 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $913 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $9 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $9 |
| Net investment gain/loss from pooled separate accounts | 2015-12-31 | $-118,519 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Contributions received in cash from employer | 2015-12-31 | $545,502 |
| Employer contributions (assets) at end of year | 2015-12-31 | $301,976 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $395,884 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $332,303 |
| Contract administrator fees | 2015-12-31 | $8,102 |
| Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | HOBE AND LUCAS CPAS |
| Accountancy firm EIN | 2015-12-31 | 311488076 |
| 2014 : BEARING TECHNOLOGIES, LTD 401(K) PROFIT SHARING PLAN 2014 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $1,418,018 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $593,597 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $555,903 |
| Value of total corrective distributions | 2014-12-31 | $30,451 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $1,054,941 |
| Value of total assets at end of year | 2014-12-31 | $7,621,324 |
| Value of total assets at beginning of year | 2014-12-31 | $6,796,903 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $7,243 |
| Total interest from all sources | 2014-12-31 | $14,678 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Contributions received from participants | 2014-12-31 | $416,773 |
| Participant contributions at end of year | 2014-12-31 | $0 |
| Participant contributions at beginning of year | 2014-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $824,421 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $7,621,324 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $6,796,903 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Investment advisory and management fees | 2014-12-31 | $125 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $6,907,606 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $6,130,261 |
| Value of interest in pooled separate accounts at end of year | 2014-12-31 | $317,825 |
| Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $298,816 |
| Interest on participant loans | 2014-12-31 | $14,678 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $9 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $569 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $569 |
| Net investment gain/loss from pooled separate accounts | 2014-12-31 | $348,399 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Contributions received in cash from employer | 2014-12-31 | $638,168 |
| Employer contributions (assets) at end of year | 2014-12-31 | $395,884 |
| Employer contributions (assets) at beginning of year | 2014-12-31 | $367,257 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $555,903 |
| Contract administrator fees | 2014-12-31 | $7,118 |
| Did the plan have assets held for investment | 2014-12-31 | 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 | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | PRICEWATERHOUSE COOPERS LLP |
| Accountancy firm EIN | 2014-12-31 | 134008324 |
| 2013 : BEARING TECHNOLOGIES, LTD 401(K) PROFIT SHARING PLAN 2013 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total income from all sources (including contributions) | 2013-12-31 | $1,790,971 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $677,159 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $642,111 |
| Value of total corrective distributions | 2013-12-31 | $26,039 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $938,195 |
| Value of total assets at end of year | 2013-12-31 | $6,796,903 |
| Value of total assets at beginning of year | 2013-12-31 | $5,683,091 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $9,009 |
| Total interest from all sources | 2013-12-31 | $11,915 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Contributions received from participants | 2013-12-31 | $358,829 |
| Participant contributions at end of year | 2013-12-31 | $298,816 |
| Participant contributions at beginning of year | 2013-12-31 | $286,982 |
| Participant contributions at end of year | 2013-12-31 | $0 |
| Participant contributions at beginning of year | 2013-12-31 | $6,199 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $1,113,812 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $6,796,903 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $5,683,091 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Investment advisory and management fees | 2013-12-31 | $74 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $6,130,261 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $5,088,022 |
| Interest on participant loans | 2013-12-31 | $11,915 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $569 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $2,618 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $2,618 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $840,861 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Contributions received in cash from employer | 2013-12-31 | $579,366 |
| Employer contributions (assets) at end of year | 2013-12-31 | $367,257 |
| Employer contributions (assets) at beginning of year | 2013-12-31 | $299,270 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $642,111 |
| Contract administrator fees | 2013-12-31 | $8,935 |
| Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2013-12-31 | 381357951 |
| 2012 : BEARING TECHNOLOGIES, LTD 401(K) PROFIT SHARING PLAN 2012 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $1,348,897 |
| Total loss/gain on sale of assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $466,319 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $434,651 |
| Value of total corrective distributions | 2012-12-31 | $18,764 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $728,889 |
| Value of total assets at end of year | 2012-12-31 | $5,683,091 |
| Value of total assets at beginning of year | 2012-12-31 | $4,800,513 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $12,904 |
| Total interest from all sources | 2012-12-31 | $9,639 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $273,501 |
| Participant contributions at end of year | 2012-12-31 | $286,982 |
| Participant contributions at beginning of year | 2012-12-31 | $239,518 |
| Participant contributions at end of year | 2012-12-31 | $6,199 |
| Participant contributions at beginning of year | 2012-12-31 | $5,803 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $882,578 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $5,683,091 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $4,800,513 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $5,088,022 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $3,905,411 |
| Interest on participant loans | 2012-12-31 | $9,639 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $2,618 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $774 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $774 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $392,106 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $567,271 |
| Net investment gain/loss from pooled separate accounts | 2012-12-31 | $43,098 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Contributions received in cash from employer | 2012-12-31 | $455,388 |
| Employer contributions (assets) at end of year | 2012-12-31 | $299,270 |
| Employer contributions (assets) at beginning of year | 2012-12-31 | $256,901 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $434,651 |
| Contract administrator fees | 2012-12-31 | $12,904 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2012-12-31 | Yes |
| Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
| Accountancy firm name | 2012-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2012-12-31 | 381357951 |
| 2011 : BEARING TECHNOLOGIES, LTD 401(K) PROFIT SHARING PLAN 2011 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total income from all sources (including contributions) | 2011-12-31 | $534,523 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $360,516 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $352,291 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $693,324 |
| Value of total assets at end of year | 2011-12-31 | $4,800,513 |
| Value of total assets at beginning of year | 2011-12-31 | $4,626,506 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $8,225 |
| Total interest from all sources | 2011-12-31 | $8,020 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $278,240 |
| Participant contributions at end of year | 2011-12-31 | $239,518 |
| Participant contributions at beginning of year | 2011-12-31 | $170,647 |
| Participant contributions at end of year | 2011-12-31 | $5,803 |
| Participant contributions at beginning of year | 2011-12-31 | $8,619 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $174,007 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $4,800,513 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $4,626,506 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $3,905,411 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $3,696,481 |
| Interest on participant loans | 2011-12-31 | $8,020 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $774 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $5,862 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $5,862 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $392,106 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $372,396 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-166,821 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Contributions received in cash from employer | 2011-12-31 | $415,084 |
| Employer contributions (assets) at end of year | 2011-12-31 | $256,901 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $372,501 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $352,291 |
| Contract administrator fees | 2011-12-31 | $8,225 |
| Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
| Accountancy firm name | 2011-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2011-12-31 | 381357951 |
| 2010 : BEARING TECHNOLOGIES, LTD 401(K) PROFIT SHARING PLAN 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $1,290,420 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $98,286 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $92,686 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $810,318 |
| Value of total assets at end of year | 2010-12-31 | $4,626,506 |
| Value of total assets at beginning of year | 2010-12-31 | $3,434,372 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $5,600 |
| Total interest from all sources | 2010-12-31 | $6,833 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Administrative expenses professional fees incurred | 2010-12-31 | $5,600 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $260,621 |
| Participant contributions at end of year | 2010-12-31 | $170,647 |
| Participant contributions at beginning of year | 2010-12-31 | $169,170 |
| Participant contributions at end of year | 2010-12-31 | $8,619 |
| Participant contributions at beginning of year | 2010-12-31 | $8,076 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $15,093 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $1,192,134 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $4,626,506 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $3,434,372 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $3,696,481 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $2,600,474 |
| Interest on participant loans | 2010-12-31 | $6,833 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $5,862 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $4,295 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $4,295 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $372,396 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $328,689 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $473,269 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $534,604 |
| Employer contributions (assets) at end of year | 2010-12-31 | $372,501 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $323,668 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $92,686 |
| Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
| Accountancy firm name | 2010-12-31 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2010-12-31 | 381357951 |
| 2009 : BEARING TECHNOLOGIES, LTD 401(K) PROFIT SHARING PLAN 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
