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KASLE METAL PROCESSING, LLC SAVINGS PLAN. 401k Plan overview

Plan NameKASLE METAL PROCESSING, LLC SAVINGS PLAN.
Plan identification number 001

KASLE METAL PROCESSING, LLC SAVINGS 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

KASLE STEEL CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:KASLE STEEL CORPORATION
Employer identification number (EIN):380707040
NAIC Classification:331200

Additional information about KASLE STEEL CORPORATION

Jurisdiction of Incorporation: Michigan Department of Licensing & Regulatory Affairs
Incorporation Date:
Company Identification Number: 166497

More information about KASLE STEEL CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan KASLE METAL PROCESSING, LLC SAVINGS PLAN.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-01-01KEITH PRICE
0012014-01-01KEITH PRICE
0012013-01-01FRANK HASCH III
0012012-01-01STEVEN NOSIL
0012011-01-01STEVEN NOSIL
0012010-01-01STEVEN NOSIL
0012009-01-01STEVEN NOSIL

Plan Statistics for KASLE METAL PROCESSING, LLC SAVINGS PLAN.

401k plan membership statisitcs for KASLE METAL PROCESSING, LLC SAVINGS PLAN.

Measure Date Value
2015: KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2015 401k membership
Total participants, beginning-of-year2015-01-0158
Total number of active participants reported on line 7a of the Form 55002015-01-010
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-010
Number of participants with account balances2015-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2014 401k membership
Total participants, beginning-of-year2014-01-0144
Total number of active participants reported on line 7a of the Form 55002014-01-0144
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0113
Total of all active and inactive participants2014-01-0157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-0158
Number of participants with account balances2014-01-0127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2013 401k membership
Total participants, beginning-of-year2013-01-0141
Total number of active participants reported on line 7a of the Form 55002013-01-0137
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-016
Total of all active and inactive participants2013-01-0143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-0144
Number of participants with account balances2013-01-0117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2012 401k membership
Total participants, beginning-of-year2012-01-0172
Total number of active participants reported on line 7a of the Form 55002012-01-0134
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-016
Total of all active and inactive participants2012-01-0140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-011
Total participants2012-01-0141
Number of participants with account balances2012-01-0126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2011 401k membership
Total participants, beginning-of-year2011-01-0172
Total number of active participants reported on line 7a of the Form 55002011-01-0135
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-016
Total of all active and inactive participants2011-01-0141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0141
Number of participants with account balances2011-01-0133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2010 401k membership
Total participants, beginning-of-year2010-01-0196
Total number of active participants reported on line 7a of the Form 55002010-01-0167
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-015
Total of all active and inactive participants2010-01-0172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0172
Number of participants with account balances2010-01-0138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2009 401k membership
Total participants, beginning-of-year2009-01-0191
Total number of active participants reported on line 7a of the Form 55002009-01-0183
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0113
Total of all active and inactive participants2009-01-0196
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0196
Number of participants with account balances2009-01-0196
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010
Number of employers contributing to the scheme2009-01-012

Financial Data on KASLE METAL PROCESSING, LLC SAVINGS PLAN.

Measure Date Value
2015 : KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2015 401k financial data
Transfers to/from the plan2015-05-01$-633,230
Total plan liabilities at end of year2015-05-01$0
Total plan liabilities at beginning of year2015-05-01$0
Total income from all sources2015-05-01$34,201
Expenses. Total of all expenses incurred2015-05-01$89,126
Benefits paid (including direct rollovers)2015-05-01$88,925
Total plan assets at end of year2015-05-01$0
Total plan assets at beginning of year2015-05-01$688,155
Value of fidelity bond covering the plan2015-05-01$500,000
Total contributions received or receivable from participants2015-05-01$6,489
Expenses. Other expenses not covered elsewhere2015-05-01$0
Contributions received from other sources (not participants or employers)2015-05-01$0
Other income received2015-05-01$23,199
Noncash contributions received2015-05-01$0
Net income (gross income less expenses)2015-05-01$-54,925
Net plan assets at end of year (total assets less liabilities)2015-05-01$0
Net plan assets at beginning of year (total assets less liabilities)2015-05-01$688,155
Assets. Value of participant loans2015-05-01$0
Total contributions received or receivable from employer(s)2015-05-01$4,513
Value of certain deemed distributions of participant loans2015-05-01$26
Value of corrective distributions2015-05-01$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-05-01$175
2014 : KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2014 401k financial data
Transfers to/from the plan2014-12-31$429,357
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$68,303
Expenses. Total of all expenses incurred2014-12-31$10,129
Benefits paid (including direct rollovers)2014-12-31$10,129
Total plan assets at end of year2014-12-31$688,155
Total plan assets at beginning of year2014-12-31$200,624
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$25,101
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$25,756
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$58,174
Net plan assets at end of year (total assets less liabilities)2014-12-31$688,155
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$200,624
Assets. Value of participant loans2014-12-31$13,540
Total contributions received or receivable from employer(s)2014-12-31$17,446
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$0
2013 : KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$47,112
Expenses. Total of all expenses incurred2013-12-31$19,692
Benefits paid (including direct rollovers)2013-12-31$19,317
Total plan assets at end of year2013-12-31$200,624
Total plan assets at beginning of year2013-12-31$173,204
Value of fidelity bond covering the plan2013-12-31$500,000
Total contributions received or receivable from participants2013-12-31$11,647
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$28,864
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$27,420
Net plan assets at end of year (total assets less liabilities)2013-12-31$200,624
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$173,204
Assets. Value of participant loans2013-12-31$10,336
Total contributions received or receivable from employer(s)2013-12-31$6,601
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$375
2012 : KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2012 401k financial data
Total income from all sources2012-12-31$46,591
Expenses. Total of all expenses incurred2012-12-31$34,881
Benefits paid (including direct rollovers)2012-12-31$34,781
Total plan assets at end of year2012-12-31$173,204
Total plan assets at beginning of year2012-12-31$161,494
Value of fidelity bond covering the plan2012-12-31$500,000
Total contributions received or receivable from participants2012-12-31$19,833
Other income received2012-12-31$19,089
Net income (gross income less expenses)2012-12-31$11,710
Net plan assets at end of year (total assets less liabilities)2012-12-31$173,204
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$161,494
Assets. Value of participant loans2012-12-31$10,234
Total contributions received or receivable from employer(s)2012-12-31$7,669
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$100
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2011 401k financial data
Total income from all sources2011-12-31$24,705
Expenses. Total of all expenses incurred2011-12-31$13,955
Benefits paid (including direct rollovers)2011-12-31$13,080
Total plan assets at end of year2011-12-31$161,494
Total plan assets at beginning of year2011-12-31$150,744
Value of fidelity bond covering the plan2011-12-31$500,000
Total contributions received or receivable from participants2011-12-31$20,172
Other income received2011-12-31$-3,440
Net income (gross income less expenses)2011-12-31$10,750
Net plan assets at end of year (total assets less liabilities)2011-12-31$161,494
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$150,744
Assets. Value of participant loans2011-12-31$19,744
Total contributions received or receivable from employer(s)2011-12-31$7,973
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$875
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2010 401k financial data
Transfers to/from the plan2010-12-31$-598,738
Total income from all sources2010-12-31$87,823
Expenses. Total of all expenses incurred2010-12-31$50,072
Benefits paid (including direct rollovers)2010-12-31$49,233
Total plan assets at end of year2010-12-31$150,744
Total plan assets at beginning of year2010-12-31$711,731
Value of fidelity bond covering the plan2010-12-31$500,000
Total contributions received or receivable from participants2010-12-31$29,301
Other income received2010-12-31$8,700
Net income (gross income less expenses)2010-12-31$37,751
Net plan assets at end of year (total assets less liabilities)2010-12-31$150,744
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$711,731
Assets. Value of participant loans2010-12-31$8,698
Total contributions received or receivable from employer(s)2010-12-31$49,822
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$839
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for KASLE METAL PROCESSING, LLC SAVINGS PLAN.

2015: KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingYes
2015-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2015-01-01Plan is a collectively bargained planYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: KASLE METAL PROCESSING, LLC SAVINGS 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 planYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: KASLE METAL PROCESSING, LLC SAVINGS 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 planYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: KASLE METAL PROCESSING, LLC SAVINGS PLAN. 2009 form 5500 responses
2009-01-01Type of plan entityMulti-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 planYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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