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LIFTOMATIC MATERIAL HANDLING CORP. 401(K) PLAN 401k Plan overview

Plan NameLIFTOMATIC MATERIAL HANDLING CORP. 401(K) PLAN
Plan identification number 001

LIFTOMATIC MATERIAL HANDLING CORP. 401(K) 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

LIFTOMATIC MATERIAL HANDLING CORP. has sponsored the creation of one or more 401k plans.

Company Name:LIFTOMATIC MATERIAL HANDLING CORP.
Employer identification number (EIN):362099554
NAIC Classification:336990

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LIFTOMATIC MATERIAL HANDLING CORP. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01TODD P. BERG2015-07-30
0012013-01-01TODD P. BERG2014-05-21
0012012-01-01TODD P. BERG2013-06-26
0012011-01-01TODD P. BERG2012-10-09
0012010-01-01TODD P. BERG2011-07-21

Financial Data on LIFTOMATIC MATERIAL HANDLING CORP. 401(K) PLAN

Measure Date Value
2025 : LIFTOMATIC MATERIAL HANDLING CORP. 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-0929484
Net assets as of the end of the plan year2025-05-093263708
Total assets as of the beginning of the plan year2025-05-092814335
Value of plan covered by a fidelity bond2025-05-09400000
Participant contributions to plan in this plan year2025-05-09125613
Other income to plan in this plan year2025-05-09316042
Plan net income in this plan year2025-05-09449373
Net assets as of the end of the plan year2025-05-093263708
Net assets as of the beginning of the plan year2025-05-092814335
Employer contributions to plan in this plan year2025-05-0937202
Fees paid to broker by Benefit Provider2025-05-0916723
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-0929484
2024 : LIFTOMATIC MATERIAL HANDLING CORP. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-0524838
Net assets as of the end of the plan year2024-06-052814335
Total assets as of the beginning of the plan year2024-06-052389612
Value of plan covered by a fidelity bond2024-06-05300000
Participant contributions to plan in this plan year2024-06-05105124
Value of participant loans at end of plan year2024-06-050
Other income to plan in this plan year2024-06-05313810
Plan net income in this plan year2024-06-05424723
Net assets as of the end of the plan year2024-06-052814335
Net assets as of the beginning of the plan year2024-06-052389612
Employer contributions to plan in this plan year2024-06-0530627
Fees paid to broker by Benefit Provider2024-06-0514063
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-0524838

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