401k Plan data: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN plan

TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 401k Plan overview

Plan Name	TECH, INC. EMPLOYEES' PROFIT SHARING PLAN
Plan identification number	001

TECH, INC. EMPLOYEES' PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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

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

Company Name: TECH, INC.

Employer identification number (EIN): 480651490

NAIC Classification: 424990
NAIC Description: Other Miscellaneous Nondurable Goods Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TECH, INC. EMPLOYEES' PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 MAGGIE GROFF 2023-10-03
001 2021-01-01 MAGGIE GROFF 2022-10-14
001 2020-01-01 MAGGIE GROFF 2021-10-07
001 2019-01-01 MAGGIE GROFF 2020-10-09
001 2018-01-01 MAGGIE GROFF 2019-07-30
001 2017-01-01 FRANK DOYNO 2018-09-25
001 2016-01-01 FRANK DOYNO 2017-10-10
001 2015-01-01 FRANK DOYNO 2016-09-30
001 2014-01-01 PETER B. INMAN
001 2013-01-01 PETER B. INMAN
001 2012-01-01 PETER B. INMAN
001 2011-01-01 PETER B. INMAN
001 2010-01-01 PETER B. INMAN
001 2009-01-01 PETER DEMARS

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01	MAGGIE GROFF	2023-10-03
001	2021-01-01	MAGGIE GROFF	2022-10-14
001	2020-01-01	MAGGIE GROFF	2021-10-07
001	2019-01-01	MAGGIE GROFF	2020-10-09
001	2018-01-01	MAGGIE GROFF	2019-07-30
001	2017-01-01	FRANK DOYNO	2018-09-25
001	2016-01-01	FRANK DOYNO	2017-10-10
001	2015-01-01	FRANK DOYNO	2016-09-30
001	2014-01-01	PETER B. INMAN
001	2013-01-01	PETER B. INMAN
001	2012-01-01	PETER B. INMAN
001	2011-01-01	PETER B. INMAN
001	2010-01-01	PETER B. INMAN
001	2009-01-01	PETER DEMARS

Plan Statistics for TECH, INC. EMPLOYEES' PROFIT SHARING PLAN

401k plan membership statisitcs for TECH, INC. EMPLOYEES' PROFIT SHARING PLAN

Measure Date Value
2014: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 59
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 46
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 14
Total of all active and inactive participants 2014-01-01 60
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 60
Number of participants with account balances 2014-01-01 60
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 56
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 49
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 9
Total of all active and inactive participants 2013-01-01 58
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 58
Number of participants with account balances 2013-01-01 58
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 62
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 50
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 6
Total of all active and inactive participants 2012-01-01 56
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 56
Number of participants with account balances 2012-01-01 56
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 57
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 51
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 11
Total of all active and inactive participants 2011-01-01 62
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 62
Number of participants with account balances 2011-01-01 62
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2010: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 55
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 45
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 11
Total of all active and inactive participants 2010-01-01 56
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 56
Number of participants with account balances 2010-01-01 56
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 55
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 47
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 6
Total of all active and inactive participants 2009-01-01 53
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 53
Number of participants with account balances 2009-01-01 53
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 2
Number of employers contributing to the scheme 2009-01-01 0

Measure	Date	Value
2014: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	59
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	46
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	14
Total of all active and inactive participants	2014-01-01	60
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	60
Number of participants with account balances	2014-01-01	60
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	56
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	49
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	9
Total of all active and inactive participants	2013-01-01	58
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	58
Number of participants with account balances	2013-01-01	58
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	62
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	50
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	6
Total of all active and inactive participants	2012-01-01	56
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	56
Number of participants with account balances	2012-01-01	56
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	57
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	51
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	11
Total of all active and inactive participants	2011-01-01	62
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	62
Number of participants with account balances	2011-01-01	62
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2010: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	55
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	45
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	11
Total of all active and inactive participants	2010-01-01	56
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	56
Number of participants with account balances	2010-01-01	56
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	55
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	47
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	6
Total of all active and inactive participants	2009-01-01	53
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	53
Number of participants with account balances	2009-01-01	53
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	2
Number of employers contributing to the scheme	2009-01-01	0

Financial Data on TECH, INC. EMPLOYEES' PROFIT SHARING PLAN

Measure	Date	Value
2014 : TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$613,300
Expenses. Total of all expenses incurred	2014-12-31	$76,055
Benefits paid (including direct rollovers)	2014-12-31	$56,331
Total plan assets at end of year	2014-12-31	$5,414,829
Total plan assets at beginning of year	2014-12-31	$4,877,584
Value of fidelity bond covering the plan	2014-12-31	$500,000
Total contributions received or receivable from participants	2014-12-31	$189,252
Other income received	2014-12-31	$324,284
Net income (gross income less expenses)	2014-12-31	$537,245
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$5,414,829
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$4,877,584
Assets. Value of participant loans	2014-12-31	$56,836
Total contributions received or receivable from employer(s)	2014-12-31	$99,764
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$19,724
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
2013 : TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$898,770
Expenses. Total of all expenses incurred	2013-12-31	$64,130
Benefits paid (including direct rollovers)	2013-12-31	$48,023
Total plan assets at end of year	2013-12-31	$4,877,584
Total plan assets at beginning of year	2013-12-31	$4,042,944
Value of fidelity bond covering the plan	2013-12-31	$350,000
Total contributions received or receivable from participants	2013-12-31	$187,218
Other income received	2013-12-31	$614,966
Net income (gross income less expenses)	2013-12-31	$834,640
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$4,877,584
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$4,042,944
Assets. Value of participant loans	2013-12-31	$54,052
Total contributions received or receivable from employer(s)	2013-12-31	$96,586
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$16,107
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$629,196
Expenses. Total of all expenses incurred	2012-12-31	$609,586
Benefits paid (including direct rollovers)	2012-12-31	$596,830
Total plan assets at end of year	2012-12-31	$4,042,944
Total plan assets at beginning of year	2012-12-31	$4,023,334
Value of fidelity bond covering the plan	2012-12-31	$350,000
Total contributions received or receivable from participants	2012-12-31	$171,392
Expenses. Other expenses not covered elsewhere	2012-12-31	$12,756
Other income received	2012-12-31	$362,297
Net income (gross income less expenses)	2012-12-31	$19,610
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$4,042,944
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$4,023,334
Assets. Value of participant loans	2012-12-31	$48,606
Total contributions received or receivable from employer(s)	2012-12-31	$95,507
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$300,446,859
2011 : TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$298,193
Expenses. Total of all expenses incurred	2011-12-31	$58,228
Benefits paid (including direct rollovers)	2011-12-31	$47,184
Total plan assets at end of year	2011-12-31	$4,023,334
Total plan assets at beginning of year	2011-12-31	$3,783,369
Value of fidelity bond covering the plan	2011-12-31	$300,000
Total contributions received or receivable from participants	2011-12-31	$168,625
Other income received	2011-12-31	$36,956
Net income (gross income less expenses)	2011-12-31	$239,965
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$4,023,334
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$3,783,369
Assets. Value of participant loans	2011-12-31	$29,693
Total contributions received or receivable from employer(s)	2011-12-31	$92,612
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$11,044
2010 : TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$452,218
Expenses. Total of all expenses incurred	2010-12-31	$44,716
Benefits paid (including direct rollovers)	2010-12-31	$24,478
Total plan assets at end of year	2010-12-31	$3,783,369
Total plan assets at beginning of year	2010-12-31	$3,375,867
Value of fidelity bond covering the plan	2010-12-31	$300,000
Total contributions received or receivable from participants	2010-12-31	$164,719
Contributions received from other sources (not participants or employers)	2010-12-31	$568
Other income received	2010-12-31	$200,254
Net income (gross income less expenses)	2010-12-31	$407,502
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$3,783,369
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$3,375,867
Assets. Value of participant loans	2010-12-31	$24,399
Total contributions received or receivable from employer(s)	2010-12-31	$86,677
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$20,238
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0

Form 5500 Responses for TECH, INC. EMPLOYEES' PROFIT SHARING PLAN

2014: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: TECH, INC. EMPLOYEES' PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	TECH, INC.
Employer identification number (EIN):	480651490
NAIC Classification:	424990
NAIC Description:	Other Miscellaneous Nondurable Goods Merchant Wholesalers