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BOSTON ELECTROMETALLURGICAL CORPORATION 401(K) PLAN 401k Plan overview

Plan NameBOSTON ELECTROMETALLURGICAL CORPORATION 401(K) PLAN
Plan identification number 001

BOSTON ELECTROMETALLURGICAL CORPORATION 401(K) 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

BOSTON ELECTROMETALLURGICAL CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:BOSTON ELECTROMETALLURGICAL CORPORATION
Employer identification number (EIN):454809296
NAIC Classification:332300

Additional information about BOSTON ELECTROMETALLURGICAL CORPORATION

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 5122172

More information about BOSTON ELECTROMETALLURGICAL CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BOSTON ELECTROMETALLURGICAL CORPORATION 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01NATALIE ALARCON
0012023-01-01NATALIE ALARCON2024-06-26 NATALIE ALARCON2024-06-26
0012022-01-01NATALIE ALARCON2023-05-30 NATALIE ALARCON2023-05-30
0012021-01-01NATALIE ALARCON2022-07-22 NATALIE ALARCON2022-07-22
0012020-01-01NATALIE ALARCON2021-05-21 NATALIE ALARCON2021-05-21
0012019-01-01NATALIE ALARCON2020-06-30 NATALIE ALARCON2020-06-30
0012018-01-01NATALIE ALARCON2019-06-06 NATALIE ALARCON2019-06-06
0012017-01-01RICHARD BRADSHAW2018-05-16 RICHARD BRADSHAW2018-05-16
0012016-01-01LAURIN ROMEOS2017-07-12
0012015-01-01ROBERT HYERS2016-05-09

Plan Statistics for BOSTON ELECTROMETALLURGICAL CORPORATION 401(K) PLAN

401k plan membership statisitcs for BOSTON ELECTROMETALLURGICAL CORPORATION 401(K) PLAN

Measure Date Value
2024: BOSTON ELECTROMETALLURGICAL CORPORATION 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-06-26119
Total number of particpants at end of year2024-06-26156
Number of Participants With Account Balances2024-06-26137
2022: BOSTON ELECTROMETALLURGICAL CORPORATION 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-07-2252
Total number of particpants at end of year2022-07-2277
Number of Participants With Account Balances2022-07-2260

Financial Data on BOSTON ELECTROMETALLURGICAL CORPORATION 401(K) PLAN

Measure Date Value
2024 : BOSTON ELECTROMETALLURGICAL CORPORATION 401(K) PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-06-260
Total expenses incurred by plan in this plan year2024-06-26130601
Net assets as of the end of the plan year2024-06-266085240
Total assets as of the beginning of the plan year2024-06-263371727
Value of plan covered by a fidelity bond2024-06-261000000
Participant contributions to plan in this plan year2024-06-261196612
Value of participant loans at end of plan year2024-06-2613350
Other contributions to plan in this plan year2024-06-26199363
Other income to plan in this plan year2024-06-26914813
Plan net income in this plan year2024-06-262713513
Net assets as of the end of the plan year2024-06-266085240
Net assets as of the beginning of the plan year2024-06-263371727
Employer contributions to plan in this plan year2024-06-26533326
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-26915
2022 : BOSTON ELECTROMETALLURGICAL CORPORATION 401(K) PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-07-220
Total expenses incurred by plan in this plan year2022-07-2218155
Net assets as of the end of the plan year2022-07-222987132
Total assets as of the beginning of the plan year2022-07-221703586
Value of plan covered by a fidelity bond2022-07-2225000
Participant contributions to plan in this plan year2022-07-22508518
Value of participant loans at end of plan year2022-07-2215449
Other contributions to plan in this plan year2022-07-22171106
Other income to plan in this plan year2022-07-22392357
Plan net income in this plan year2022-07-221283546
Net assets as of the end of the plan year2022-07-222987132
Net assets as of the beginning of the plan year2022-07-221703586
Employer contributions to plan in this plan year2022-07-22229720
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-22180

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