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NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 401k Plan overview

Plan NameNORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN
Plan identification number 001

NORTHWOODS MANUFACTURING, INC., RETIREMENT 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

NORTHWOODS MANUFACTURING, INC. has sponsored the creation of one or more 401k plans.

Company Name:NORTHWOODS MANUFACTURING, INC.
Employer identification number (EIN):383208807
NAIC Classification:332900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01JASON PAUPORE
0012016-01-01JASON PAUPORE
0012015-01-01THOMAS BETTERS2016-08-30
0012014-01-01THOMAS BETTERS2015-07-23
0012013-01-01THOMAS BETTERS2014-06-09
0012012-01-01THOMAS BETTERS2013-08-01
0012011-01-01JON L. PIPP2012-10-15
0012010-01-01DEBBIE SPLINTER2011-08-29 DEBBIE SPLINTER2011-08-29

Plan Statistics for NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN

401k plan membership statisitcs for NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN

Measure Date Value
2022: NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0160
Total number of active participants reported on line 7a of the Form 55002022-01-0142
Number of other retired or separated participants entitled to future benefits2022-01-0111
Total of all active and inactive participants2022-01-0153
Total participants2022-01-0153
Number of participants with account balances2022-01-0149
2021: NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0162
Total number of active participants reported on line 7a of the Form 55002021-01-0151
Number of other retired or separated participants entitled to future benefits2021-01-019
Total of all active and inactive participants2021-01-0160
Total participants2021-01-0160
Number of participants with account balances2021-01-0157
2020: NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0164
Total number of active participants reported on line 7a of the Form 55002020-01-0148
Number of other retired or separated participants entitled to future benefits2020-01-0114
Total of all active and inactive participants2020-01-0162
Total participants2020-01-0162
Number of participants with account balances2020-01-0160
2019: NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0172
Total number of active participants reported on line 7a of the Form 55002019-01-0155
Number of other retired or separated participants entitled to future benefits2019-01-019
Total of all active and inactive participants2019-01-0164
Total participants2019-01-0164
Number of participants with account balances2019-01-0162
2018: NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0162
Total number of active participants reported on line 7a of the Form 55002018-01-0162
Number of other retired or separated participants entitled to future benefits2018-01-0110
Total of all active and inactive participants2018-01-0172
Total participants2018-01-0172
Number of participants with account balances2018-01-0169
2017: NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0157
Total number of active participants reported on line 7a of the Form 55002017-01-0161
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-011
Total of all active and inactive participants2017-01-0162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0162
Number of participants with account balances2017-01-0162
2016: NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0172
Total number of active participants reported on line 7a of the Form 55002016-01-0156
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-011
Total of all active and inactive participants2016-01-0157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0157
Number of participants with account balances2016-01-0157

Financial Data on NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN

Measure Date Value
2022 : NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$-270,810
Expenses. Total of all expenses incurred2022-12-31$174,240
Benefits paid (including direct rollovers)2022-12-31$170,037
Total plan assets at end of year2022-12-31$2,344,358
Total plan assets at beginning of year2022-12-31$2,789,408
Value of fidelity bond covering the plan2022-12-31$1,000,000
Assets. Value of tangible personal property2022-12-31$0
Total contributions received or receivable from participants2022-12-31$179,106
Assets. Value of loans (other than to participants)2022-12-31$0
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$-517,523
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-445,050
Net plan assets at end of year (total assets less liabilities)2022-12-31$2,344,358
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$2,789,408
Assets. Value of participant loans2022-12-31$52,108
Assets. Value of assets in partnership/joint-venture interests2022-12-31$0
Assets. Value of real-estate (other than employer real property)2022-12-31$0
Assets. Value of employer securities2022-12-31$0
Assets. Value of employer real property2022-12-31$0
Total contributions received or receivable from employer(s)2022-12-31$67,607
Value of certain deemed distributions of participant loans2022-12-31$3,340
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$863
2021 : NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$586,939
Expenses. Total of all expenses incurred2021-12-31$97,827
Benefits paid (including direct rollovers)2021-12-31$100,649
Total plan assets at end of year2021-12-31$2,789,408
Total plan assets at beginning of year2021-12-31$2,300,296
Value of fidelity bond covering the plan2021-12-31$1,000,000
Assets. Value of tangible personal property2021-12-31$0
Total contributions received or receivable from participants2021-12-31$192,228
Assets. Value of loans (other than to participants)2021-12-31$0
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$322,012
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$489,112
Net plan assets at end of year (total assets less liabilities)2021-12-31$2,789,408
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$2,300,296
Assets. Value of participant loans2021-12-31$53,519
Assets. Value of assets in partnership/joint-venture interests2021-12-31$0
Assets. Value of real-estate (other than employer real property)2021-12-31$0
Assets. Value of employer securities2021-12-31$0
Assets. Value of employer real property2021-12-31$0
Total contributions received or receivable from employer(s)2021-12-31$72,699
Value of certain deemed distributions of participant loans2021-12-31$-3,522
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$700
2020 : NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$571,391
Expenses. Total of all expenses incurred2020-12-31$220,372
Benefits paid (including direct rollovers)2020-12-31$216,298
Total plan assets at end of year2020-12-31$2,300,296
Total plan assets at beginning of year2020-12-31$1,949,277
Value of fidelity bond covering the plan2020-12-31$1,000,000
Assets. Value of tangible personal property2020-12-31$0
Total contributions received or receivable from participants2020-12-31$174,122
Assets. Value of loans (other than to participants)2020-12-31$0
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$324,709
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$351,019
Net plan assets at end of year (total assets less liabilities)2020-12-31$2,300,296
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$1,949,277
Assets. Value of participant loans2020-12-31$31,077
Assets. Value of assets in partnership/joint-venture interests2020-12-31$0
Assets. Value of real-estate (other than employer real property)2020-12-31$0
Assets. Value of employer securities2020-12-31$0
Assets. Value of employer real property2020-12-31$0
Total contributions received or receivable from employer(s)2020-12-31$72,560
Value of certain deemed distributions of participant loans2020-12-31$3,461
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$613
2019 : NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$588,736
Expenses. Total of all expenses incurred2019-12-31$169,081
Benefits paid (including direct rollovers)2019-12-31$168,325
Total plan assets at end of year2019-12-31$1,949,277
Total plan assets at beginning of year2019-12-31$1,529,622
Value of fidelity bond covering the plan2019-12-31$1,000,000
Total contributions received or receivable from participants2019-12-31$154,579
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$358,390
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$419,655
Net plan assets at end of year (total assets less liabilities)2019-12-31$1,949,277
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,529,622
Assets. Value of participant loans2019-12-31$52,537
Total contributions received or receivable from employer(s)2019-12-31$75,767
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$756
2018 : NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$134,901
Expenses. Total of all expenses incurred2018-12-31$27,112
Benefits paid (including direct rollovers)2018-12-31$26,610
Total plan assets at end of year2018-12-31$1,529,622
Total plan assets at beginning of year2018-12-31$1,421,833
Value of fidelity bond covering the plan2018-12-31$1,000,000
Total contributions received or receivable from participants2018-12-31$163,802
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-108,066
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$107,789
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,529,622
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,421,833
Assets. Value of participant loans2018-12-31$47,578
Total contributions received or receivable from employer(s)2018-12-31$79,165
Value of certain deemed distributions of participant loans2018-12-31$-11
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$513
2017 : NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$407,337
Expenses. Total of all expenses incurred2017-12-31$26,198
Benefits paid (including direct rollovers)2017-12-31$25,815
Total plan assets at end of year2017-12-31$1,421,833
Total plan assets at beginning of year2017-12-31$1,040,694
Value of fidelity bond covering the plan2017-12-31$1,000,000
Total contributions received or receivable from participants2017-12-31$138,924
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$202,528
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$381,139
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,421,833
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,040,694
Assets. Value of participant loans2017-12-31$40,437
Total contributions received or receivable from employer(s)2017-12-31$65,885
Value of certain deemed distributions of participant loans2017-12-31$202
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$181
2016 : NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$220,001
Expenses. Total of all expenses incurred2016-12-31$501,877
Benefits paid (including direct rollovers)2016-12-31$499,480
Total plan assets at end of year2016-12-31$1,040,694
Total plan assets at beginning of year2016-12-31$1,322,570
Value of fidelity bond covering the plan2016-12-31$1,000,000
Total contributions received or receivable from participants2016-12-31$70,705
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$112,822
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$-281,876
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,040,694
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,322,570
Assets. Value of participant loans2016-12-31$57,667
Total contributions received or receivable from employer(s)2016-12-31$36,474
Value of certain deemed distributions of participant loans2016-12-31$1,953
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$444

Form 5500 Responses for NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN

2022: NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01This submission is the final filingNo
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01This submission is the final filingNo
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: NORTHWOODS MANUFACTURING, INC., RETIREMENT PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

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