?>
Logo

PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN 401k Plan overview

Plan NamePERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN
Plan identification number 001

PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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

PERM MACHINE & TOOL CO., INC. has sponsored the creation of one or more 401k plans.

Company Name:PERM MACHINE & TOOL CO., INC.
Employer identification number (EIN):362817667
NAIC Classification:332810

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01LEE MILAZZO2024-03-22
0012022-01-01LEE MILAZZO2023-05-23
0012021-01-01LEE MILAZZO2022-08-22
0012020-01-01LEE MILAZZO2021-06-07
0012019-01-01LEE MILAZZO2020-08-21
0012018-01-01LEE MILAZZO2019-10-03
0012017-01-01LEE MILAZZO2018-09-10
0012016-01-01LEE MILAZZO2017-08-09
0012015-01-01LEE MILAZZO2016-08-09
0012014-01-01LEE MILAZZO2015-09-11
0012013-01-01LEE MILAZZO2014-09-04
0012012-01-01LEE MILAZZO2013-09-26
0012011-01-01LEE MILAZZO
0012010-01-01LEE MILAZZO
0012009-01-01LEE MILAZZO LEE MILAZZO2010-09-07

Plan Statistics for PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN

401k plan membership statisitcs for PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN

Measure Date Value
2025: PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-1111
Total number of particpants at end of year2025-07-1111
Number of Participants With Account Balances2025-07-1111
Total number of particpants at beginning of year2025-01-3111
Total number of particpants at end of year2025-01-3111
Number of Participants With Account Balances2025-01-3111
2024: PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-03-229
Total number of particpants at end of year2024-03-2211
Number of Participants With Account Balances2024-03-2211
2011: PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-019
Total number of active participants reported on line 7a of the Form 55002011-01-017
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-017
Number of participants with account balances2011-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-017
Total number of active participants reported on line 7a of the Form 55002010-01-017
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-010
Total of all active and inactive participants2010-01-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-017
Number of participants with account balances2010-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-016
Total number of active participants reported on line 7a of the Form 55002009-01-017
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-017
Number of participants with account balances2009-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN

Measure Date Value
2025 : PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-1130301
Net assets as of the end of the plan year2025-07-112722315
Total assets as of the beginning of the plan year2025-07-112396561
Value of plan covered by a fidelity bond2025-07-11500000
Participant contributions to plan in this plan year2025-07-1139650
Other income to plan in this plan year2025-07-11247034
Plan net income in this plan year2025-07-11325754
Net assets as of the end of the plan year2025-07-112722315
Net assets as of the beginning of the plan year2025-07-112396561
Employer contributions to plan in this plan year2025-07-1169371
Fees paid to broker by Benefit Provider2025-07-1111705
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-119867
Total expenses incurred by plan in this plan year2025-01-3130301
Net assets as of the end of the plan year2025-01-312679746
Total assets as of the beginning of the plan year2025-01-312396561
Value of plan covered by a fidelity bond2025-01-31500000
Participant contributions to plan in this plan year2025-01-3139650
Other income to plan in this plan year2025-01-31247034
Plan net income in this plan year2025-01-31283185
Net assets as of the end of the plan year2025-01-312679746
Net assets as of the beginning of the plan year2025-01-312396561
Employer contributions to plan in this plan year2025-01-3126802
Fees paid to broker by Benefit Provider2025-01-3111705
Expensese paid to adminstrative service provicers from plan in this plan year2025-01-319867
2024 : PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-03-2239838
Net assets as of the end of the plan year2024-03-222396561
Total assets as of the beginning of the plan year2024-03-222089669
Value of plan covered by a fidelity bond2024-03-22500000
Participant contributions to plan in this plan year2024-03-2239925
Value of participant loans at end of plan year2024-03-220
Other income to plan in this plan year2024-03-22279269
Plan net income in this plan year2024-03-22306892
Net assets as of the end of the plan year2024-03-222396561
Net assets as of the beginning of the plan year2024-03-222089669
Employer contributions to plan in this plan year2024-03-2227536
Fees paid to broker by Benefit Provider2024-03-2210286
Expensese paid to adminstrative service provicers from plan in this plan year2024-03-228523
2011 : PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total income from all sources2011-12-31$41,345
Expenses. Total of all expenses incurred2011-12-31$3,523
Benefits paid (including direct rollovers)2011-12-31$3,523
Total plan assets at end of year2011-12-31$1,215,328
Total plan assets at beginning of year2011-12-31$1,177,506
Value of fidelity bond covering the plan2011-12-31$120,000
Total contributions received or receivable from participants2011-12-31$30,123
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-31,025
Net income (gross income less expenses)2011-12-31$37,822
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,215,328
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,177,506
Assets. Value of participant loans2011-12-31$0
Total contributions received or receivable from employer(s)2011-12-31$42,247
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$0
Amount contributed by the employer to the plan for this plan year2011-12-31$0
2010 : PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total income from all sources2010-12-31$216,633
Expenses. Total of all expenses incurred2010-12-31$25,156
Benefits paid (including direct rollovers)2010-12-31$25,156
Total plan assets at end of year2010-12-31$1,177,506
Total plan assets at beginning of year2010-12-31$986,029
Value of fidelity bond covering the plan2010-12-31$120,000
Total contributions received or receivable from participants2010-12-31$29,268
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$128,854
Net income (gross income less expenses)2010-12-31$191,477
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,177,506
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$986,029
Assets. Value of participant loans2010-12-31$0
Total contributions received or receivable from employer(s)2010-12-31$58,511
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$0
Amount contributed by the employer to the plan for this plan year2010-12-31$0
2009 : PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$0
Amount contributed by the employer to the plan for this plan year2009-12-31$0

Form 5500 Responses for PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN

2011: PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2010: PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2009: PERM MACHINE & TOOL CO., INC. BASIC PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-802180
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-802180
Policy instance 1

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3