401k Plan data: SCOTLAND MANUFACTURING, INC. 401(K) SAVINGS AND INVESTMENT PLAN plan

SCOTLAND MANUFACTURING, INC. 401(K) SAVINGS AND INVESTMENT PLAN 401k Plan overview

Plan Name	SCOTLAND MANUFACTURING, INC. 401(K) SAVINGS AND INVESTMENT PLAN
Plan identification number	001

SCOTLAND MANUFACTURING, INC. 401(K) SAVINGS AND INVESTMENT PLAN Benefits

401k Plan Type

Defined 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.
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

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

Company Name: SCOTLAND MANUFACTURING, INC.

Employer identification number (EIN): 561755939

NAIC Classification: 332900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SCOTLAND MANUFACTURING, INC. 401(K) SAVINGS AND INVESTMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 SANDRA DICKSON 2023-05-24
001 2021-01-01 SANDRA DICKSON 2022-08-10
001 2020-01-01 SANDRA DICKSON 2021-06-07
001 2019-01-01 SANDRA DICKSON 2020-09-01
001 2018-01-01 SANDRA DICKSON 2019-07-31
001 2017-01-01 DENNIS SHEETS 2018-07-30
001 2016-01-01 DENNIS SHEETS 2017-06-21
001 2015-01-01
001 2014-01-01 DENNIS SHEETS 2015-10-08
001 2013-01-01 DENNIS SHEETS 2014-10-14
001 2012-01-01 DENNIS SHEETS 2013-10-14
001 2011-01-01 SANDRA DICKSON

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01	SANDRA DICKSON	2023-05-24
001	2021-01-01	SANDRA DICKSON	2022-08-10
001	2020-01-01	SANDRA DICKSON	2021-06-07
001	2019-01-01	SANDRA DICKSON	2020-09-01
001	2018-01-01	SANDRA DICKSON	2019-07-31
001	2017-01-01	DENNIS SHEETS	2018-07-30
001	2016-01-01	DENNIS SHEETS	2017-06-21
001	2015-01-01
001	2014-01-01	DENNIS SHEETS	2015-10-08
001	2013-01-01	DENNIS SHEETS	2014-10-14
001	2012-01-01	DENNIS SHEETS	2013-10-14
001	2011-01-01	SANDRA DICKSON

Plan Statistics for SCOTLAND MANUFACTURING, INC. 401(K) SAVINGS AND INVESTMENT PLAN

401k plan membership statisitcs for SCOTLAND MANUFACTURING, INC. 401(K) SAVINGS AND INVESTMENT PLAN

Measure Date Value
2011: SCOTLAND MANUFACTURING, INC. 401(K) SAVINGS AND INVESTMENT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 50
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 27
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 44
Total of all active and inactive participants 2011-01-01 71
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 71
Number of participants with account balances 2011-01-01 71
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0

Measure	Date	Value
2011: SCOTLAND MANUFACTURING, INC. 401(K) SAVINGS AND INVESTMENT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	50
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	27
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	44
Total of all active and inactive participants	2011-01-01	71
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	71
Number of participants with account balances	2011-01-01	71
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0

Financial Data on SCOTLAND MANUFACTURING, INC. 401(K) SAVINGS AND INVESTMENT PLAN

Measure	Date	Value
2011 : SCOTLAND MANUFACTURING, INC. 401(K) SAVINGS AND INVESTMENT PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$42,603
Expenses. Total of all expenses incurred	2011-12-31	$37,934
Benefits paid (including direct rollovers)	2011-12-31	$36,196
Total plan assets at end of year	2011-12-31	$402,382
Total plan assets at beginning of year	2011-12-31	$397,713
Value of fidelity bond covering the plan	2011-12-31	$2,000,000
Total contributions received or receivable from participants	2011-12-31	$17,060
Other income received	2011-12-31	$10,519
Net income (gross income less expenses)	2011-12-31	$4,669
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$402,382
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$397,713
Assets. Value of participant loans	2011-12-31	$85,607
Total contributions received or receivable from employer(s)	2011-12-31	$15,024
Value of certain deemed distributions of participant loans	2011-12-31	$1,738
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0

Form 5500 Responses for SCOTLAND MANUFACTURING, INC. 401(K) SAVINGS AND INVESTMENT PLAN

2011: SCOTLAND MANUFACTURING, INC. 401(K) SAVINGS AND INVESTMENT PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	Yes
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )

Policy contract number

37014

Policy instance

Insurance contract or identification number	37014
Number of Individuals Covered	71
Insurance policy start date	2011-01-01
Insurance policy end date	2011-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	SCOTLAND MANUFACTURING, INC.
Employer identification number (EIN):	561755939
NAIC Classification:	332900