Logo

NDT SPECIALISTS INC. 401K PROFIT SHARING PLAN 401k Plan overview

Plan NameNDT SPECIALISTS INC. 401K PROFIT SHARING PLAN
Plan identification number 001

NDT SPECIALISTS INC. 401K 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

NDT SPECIALISTS INC. has sponsored the creation of one or more 401k plans.

Company Name:NDT SPECIALISTS INC.
Employer identification number (EIN):390907914
NAIC Classification:541380
NAIC Description:Testing Laboratories

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NDT SPECIALISTS INC. 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01LAWRENCE J. SCHNEIDER SR.2024-10-15
0012022-01-01LAWRENCE J. SCHNEIDER SR.2023-10-12
0012021-01-01LAWRENCE J. SCHNEIDER SR.2022-06-06
0012020-01-01LAWRENCE J. SCHNEIDER SR.2021-06-28
0012019-01-01
0012018-01-01LAWRENCE J. SCHNEIDER SR.
0012017-01-01LAWRENCE J. SCHNEIDER SR.
0012016-01-01LAWRENCE J. SCHNEIDER SR.
0012015-01-01LAWRENCE J SCHNEIDER2016-08-20
0012014-01-01LAWRENCE J. SCHNEIDER SR.2015-08-06 LAWRENCE J. SCHNEIDER SR.2015-08-06
0012013-01-01LAWRENCE J. SCHNEIDER SR.2014-08-06 LAWRENCE J. SCHNEIDER SR.2014-08-06
0012012-01-01LAWRENCE J. SCHNEIDER SR.2013-06-27 LAWRENCE J. SCHNEIDER SR.2013-06-27
0012011-01-01LAWRENCE J. SCHNEIDER SR.2012-05-23 LAWRENCE J. SCHNEIDER SR.2012-05-23
0012010-01-01LAWRENCE J. SCHNEIDER SR.2011-08-02 LAWRENCE J. SCHNEIDER SR.2011-08-02

Financial Data on NDT SPECIALISTS INC. 401K PROFIT SHARING PLAN

Measure Date Value
2025 : NDT SPECIALISTS INC. 401K PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-09-03421420
Net assets as of the end of the plan year2025-09-036196997
Total assets as of the beginning of the plan year2025-09-035581542
Value of plan covered by a fidelity bond2025-09-03500000
Participant contributions to plan in this plan year2025-09-03185535
Other income to plan in this plan year2025-09-03749207
Plan net income in this plan year2025-09-03615455
Net assets as of the end of the plan year2025-09-036196997
Net assets as of the beginning of the plan year2025-09-035581542
Employer contributions to plan in this plan year2025-09-03102133
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-03576
Total expenses incurred by plan in this plan year2025-01-2752521
Net assets as of the end of the plan year2025-01-275581542
Total assets as of the beginning of the plan year2025-01-274599944
Value of plan covered by a fidelity bond2025-01-27500000
Participant contributions to plan in this plan year2025-01-27166231
Other income to plan in this plan year2025-01-27764584
Plan net income in this plan year2025-01-27981598
Net assets as of the end of the plan year2025-01-275581542
Net assets as of the beginning of the plan year2025-01-274599944
Employer contributions to plan in this plan year2025-01-27103304
Expensese paid to adminstrative service provicers from plan in this plan year2025-01-27431
2022 : NDT SPECIALISTS INC. 401K PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-06-06522044
Net assets as of the end of the plan year2022-06-065302964
Total assets as of the beginning of the plan year2022-06-064967962
Value of plan covered by a fidelity bond2022-06-06500000
Participant contributions to plan in this plan year2022-06-06147985
Other income to plan in this plan year2022-06-06608671
Plan net income in this plan year2022-06-06335002
Net assets as of the end of the plan year2022-06-065302964
Net assets as of the beginning of the plan year2022-06-064967962
Employer contributions to plan in this plan year2022-06-06100390
Fees paid to broker by Benefit Provider2022-06-0612361
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-06762
2019 : NDT SPECIALISTS INC. 401K PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources2019-12-31$979,292
Expenses. Total of all expenses incurred2019-12-31$14
Total plan assets at end of year2019-12-31$3,999,017
Total plan assets at beginning of year2019-12-31$3,019,739
Value of fidelity bond covering the plan2019-12-31$400,000
Total contributions received or receivable from participants2019-12-31$176,384
Other income received2019-12-31$676,341
Net income (gross income less expenses)2019-12-31$979,278
Net plan assets at end of year (total assets less liabilities)2019-12-31$3,999,017
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$3,019,739
Total contributions received or receivable from employer(s)2019-12-31$126,567
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$14
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : NDT SPECIALISTS INC. 401K PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources2018-12-31$85,141
Expenses. Total of all expenses incurred2018-12-31$11,888
Benefits paid (including direct rollovers)2018-12-31$11,416
Total plan assets at end of year2018-12-31$3,019,739
Total plan assets at beginning of year2018-12-31$2,946,486
Value of fidelity bond covering the plan2018-12-31$300,000
Total contributions received or receivable from participants2018-12-31$147,105
Contributions received from other sources (not participants or employers)2018-12-31$3,748
Other income received2018-12-31$-190,647
Net income (gross income less expenses)2018-12-31$73,253
Net plan assets at end of year (total assets less liabilities)2018-12-31$3,019,739
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$2,946,486
Total contributions received or receivable from employer(s)2018-12-31$124,935
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$472
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : NDT SPECIALISTS INC. 401K PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources2017-12-31$609,925
Expenses. Total of all expenses incurred2017-12-31$2,600
Benefits paid (including direct rollovers)2017-12-31$2,500
Total plan assets at end of year2017-12-31$2,946,486
Total plan assets at beginning of year2017-12-31$2,339,161
Value of fidelity bond covering the plan2017-12-31$300,000
Total contributions received or receivable from participants2017-12-31$120,105
Other income received2017-12-31$416,633
Net income (gross income less expenses)2017-12-31$607,325
Net plan assets at end of year (total assets less liabilities)2017-12-31$2,946,486
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$2,339,161
Total contributions received or receivable from employer(s)2017-12-31$73,187
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$100
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : NDT SPECIALISTS INC. 401K PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-12-31$306,927
Expenses. Total of all expenses incurred2016-12-31$18,830
Benefits paid (including direct rollovers)2016-12-31$17,730
Total plan assets at end of year2016-12-31$2,339,161
Total plan assets at beginning of year2016-12-31$2,051,064
Value of fidelity bond covering the plan2016-12-31$200,000
Total contributions received or receivable from participants2016-12-31$108,977
Other income received2016-12-31$140,556
Net income (gross income less expenses)2016-12-31$288,097
Net plan assets at end of year (total assets less liabilities)2016-12-31$2,339,161
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$2,051,064
Total contributions received or receivable from employer(s)2016-12-31$57,394
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$1,100
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0

Form 5500 Responses for NDT SPECIALISTS INC. 401K PROFIT SHARING PLAN

2019: NDT SPECIALISTS INC. 401K PROFIT SHARING 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 – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: NDT SPECIALISTS INC. 401K PROFIT SHARING 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 – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: NDT SPECIALISTS INC. 401K PROFIT SHARING 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 – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: NDT SPECIALISTS INC. 401K PROFIT SHARING 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 – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number815677
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number815677
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number815677
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number815677
Policy instance 1
AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberG34461
Policy instance 2

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 S1