?>
Logo

SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN 401k Plan overview

Plan NameSPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN
Plan identification number 001

SPEEDY METALS, LLC PROFIT SHARING/401(K)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

SPEEDY METALS, LLC has sponsored the creation of one or more 401k plans.

Company Name:SPEEDY METALS, LLC
Employer identification number (EIN):392027025
NAIC Classification:332900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01MONICA ALIOTO2023-07-24 MONICA ALIOTO2023-07-24
0012021-01-01MONICA ALIOTO2022-09-20 MONICA ALIOTO2022-09-20
0012020-01-01MONICA ALIOTO2021-10-07 MONICA ALIOTO2021-10-07
0012019-01-01TRICIA STEGER2020-09-02 TRICIA STEGER2020-09-02
0012018-01-01DALE STEGER2019-10-14 DALE STEGER2019-10-14
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01DALE STEGER2013-07-02 DALE STEGER2013-07-02
0012011-01-01DALE STEGER2012-06-25 DALE STEGER2012-06-25
0012010-01-01DALE STEGER2011-10-17 DALE STEGER2011-10-17

Plan Statistics for SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN

401k plan membership statisitcs for SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN

Measure Date Value
2022: SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01204
Total number of active participants reported on line 7a of the Form 55002022-01-01145
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0154
Total of all active and inactive participants2022-01-01199
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01199
Number of participants with account balances2022-01-01175
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-012
2021: SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01161
Total number of active participants reported on line 7a of the Form 55002021-01-01127
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0137
Total of all active and inactive participants2021-01-01164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01164
Number of participants with account balances2021-01-01151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-014
2020: SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01140
Total number of active participants reported on line 7a of the Form 55002020-01-01125
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0124
Total of all active and inactive participants2020-01-01149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01149
Number of participants with account balances2020-01-01139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-013
2019: SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01133
Total number of active participants reported on line 7a of the Form 55002019-01-01121
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0115
Total of all active and inactive participants2019-01-01136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01136
Number of participants with account balances2019-01-01131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-018
2018: SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01122
Total number of active participants reported on line 7a of the Form 55002018-01-01105
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0110
Total of all active and inactive participants2018-01-01115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01115
Number of participants with account balances2018-01-01114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-014

Financial Data on SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN

Measure Date Value
2022 : SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-273,910
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$272,897
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$215,086
Expenses. Certain deemed distributions of participant loans2022-12-31$1,955
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$737,526
Value of total assets at end of year2022-12-31$5,658,543
Value of total assets at beginning of year2022-12-31$6,205,350
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$55,856
Total interest from all sources2022-12-31$5,176
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$158,271
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$158,271
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$650,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$376,618
Participant contributions at end of year2022-12-31$90,535
Participant contributions at beginning of year2022-12-31$126,841
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$66,480
Other income not declared elsewhere2022-12-31$3,443
Administrative expenses (other) incurred2022-12-31$55,856
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-546,807
Value of net assets at end of year (total assets less liabilities)2022-12-31$5,658,543
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$6,205,350
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$4,878,066
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$5,727,270
Interest on participant loans2022-12-31$5,176
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$395,478
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$84,547
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-1,178,326
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$294,428
Employer contributions (assets) at end of year2022-12-31$294,464
Employer contributions (assets) at beginning of year2022-12-31$266,692
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$215,086
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31VRAKAS
Accountancy firm EIN2022-12-31391453055
2021 : SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$1,334,134
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$543,434
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$457,864
Expenses. Certain deemed distributions of participant loans2021-12-31$20,800
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$610,275
Value of total assets at end of year2021-12-31$6,205,350
Value of total assets at beginning of year2021-12-31$5,414,650
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$64,770
Total interest from all sources2021-12-31$7,417
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$316,706
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$316,706
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$342,262
Participant contributions at end of year2021-12-31$126,841
Participant contributions at beginning of year2021-12-31$163,007
Participant contributions at beginning of year2021-12-31$26,999
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$1,321
Administrative expenses (other) incurred2021-12-31$64,770
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$790,700
Value of net assets at end of year (total assets less liabilities)2021-12-31$6,205,350
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$5,414,650
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$5,727,270
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$4,905,783
Interest on participant loans2021-12-31$7,417
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$84,547
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$86,409
Net investment gain or loss from common/collective trusts2021-12-31$57
Net gain/loss from 103.12 investment entities2021-12-31$399,679
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$266,692
Employer contributions (assets) at end of year2021-12-31$266,692
Employer contributions (assets) at beginning of year2021-12-31$232,452
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$457,864
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31VRAKAS, S.C.
Accountancy firm EIN2021-12-31391453055
2020 : SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$1,398,339
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$218,726
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$168,646
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$585,967
Value of total assets at end of year2020-12-31$5,414,650
Value of total assets at beginning of year2020-12-31$4,235,037
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$50,080
Total interest from all sources2020-12-31$8,922
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$122,560
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$122,560
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$342,192
Participant contributions at end of year2020-12-31$26,999
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$10,310
Assets. Loans (other than to participants) at end of year2020-12-31$163,007
Assets. Loans (other than to participants) at beginning of year2020-12-31$135,002
Administrative expenses (other) incurred2020-12-31$50,080
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,179,613
Value of net assets at end of year (total assets less liabilities)2020-12-31$5,414,650
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$4,235,037
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$4,905,783
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$3,839,855
Interest on participant loans2020-12-31$8,922
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$86,409
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$164,011
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$680,745
Net investment gain or loss from common/collective trusts2020-12-31$145
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$233,465
Employer contributions (assets) at end of year2020-12-31$232,452
Employer contributions (assets) at beginning of year2020-12-31$96,169
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$168,646
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31VRAKAS, S.C.
Accountancy firm EIN2020-12-31391453055
2019 : SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$1,187,719
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$136,257
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$94,732
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$489,061
Value of total assets at end of year2019-12-31$4,235,037
Value of total assets at beginning of year2019-12-31$3,183,575
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$41,525
Total interest from all sources2019-12-31$6,798
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$98,627
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$98,627
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$297,482
Participant contributions at end of year2019-12-31$135,002
Participant contributions at beginning of year2019-12-31$105,128
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$0
Administrative expenses (other) incurred2019-12-31$41,525
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$1,051,462
Value of net assets at end of year (total assets less liabilities)2019-12-31$4,235,037
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$3,183,575
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$3,839,855
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$2,843,951
Interest on participant loans2019-12-31$6,798
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$164,011
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$129,328
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$593,102
Net investment gain or loss from common/collective trusts2019-12-31$131
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$191,579
Employer contributions (assets) at end of year2019-12-31$96,169
Employer contributions (assets) at beginning of year2019-12-31$105,168
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$94,732
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31VRAKAS, S.C.
Accountancy firm EIN2019-12-31391453055
2018 : SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$434,016
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$113,333
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$66,596
Expenses. Certain deemed distributions of participant loans2018-12-31$11,070
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$616,681
Value of total assets at end of year2018-12-31$3,183,575
Value of total assets at beginning of year2018-12-31$2,862,892
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$35,667
Total interest from all sources2018-12-31$4,750
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$126,221
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$126,221
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$283,572
Participant contributions at end of year2018-12-31$105,128
Participant contributions at beginning of year2018-12-31$99,464
Administrative expenses (other) incurred2018-12-31$35,667
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$320,683
Value of net assets at end of year (total assets less liabilities)2018-12-31$3,183,575
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$2,862,892
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$2,843,951
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$2,763,428
Interest on participant loans2018-12-31$4,750
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$129,328
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-313,723
Net investment gain or loss from common/collective trusts2018-12-31$87
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$333,109
Employer contributions (assets) at end of year2018-12-31$105,168
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$66,596
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31VRAKAS, S.C.
Accountancy firm EIN2018-12-31391453055

Form 5500 Responses for SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN

2022: SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN 2022 form 5500 responses
2022-01-01Type of plan entityMulitple employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN 2021 form 5500 responses
2021-01-01Type of plan entityMulitple employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN 2020 form 5500 responses
2020-01-01Type of plan entityMulitple employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN 2019 form 5500 responses
2019-01-01Type of plan entityMulitple 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: SPEEDY METALS, LLC PROFIT SHARING/401(K)PLAN 2018 form 5500 responses
2018-01-01Type of plan entityMulitple 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

Insurance Providers Used on plan

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number373761-01
Policy instance 1
Insurance contract or identification number373761-01
Number of Individuals Covered28
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number373761-01
Policy instance 1
Insurance contract or identification number373761-01
Number of Individuals Covered27
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number373761-01
Policy instance 1
Insurance contract or identification number373761-01
Number of Individuals Covered29
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number373761-01
Policy instance 1
Insurance contract or identification number373761-01
Number of Individuals Covered34
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for types other than group deferred annuity or individual?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Other information about contractGROUP ANNUITY CONTRACT
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number373761-01
Policy instance 1
Insurance contract or identification number373761-01
Number of Individuals Covered28
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for types other than group deferred annuity or individual?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Other information about contractGROUP ANNUITY CONTRACT

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