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THE 401(K) SAVINGS AND INVESTMENT PLAN FOR SSP CORP. AND AFFILIATES 401k Plan overview

Plan NameTHE 401(K) SAVINGS AND INVESTMENT PLAN FOR SSP CORP. AND AFFILIATES
Plan identification number 006

THE 401(K) SAVINGS AND INVESTMENT PLAN FOR SSP CORP. AND AFFILIATES 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.
  • 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 THE 401(K) SAVINGS AND INVESTMENT PLAN FOR SSP CORP. AND AFFILIATES

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0062016-01-01DENNIS SHEETS2017-06-21
0062015-01-01
0062014-01-01DENNIS SHEETS2015-10-08
0062013-01-01DENNIS SHEETS2014-10-14
0062012-01-01DENNIS SHEETS2013-10-14
0062011-01-01DENNIS SHEETS, VICE PRESIDENT
0062010-01-01JAMES VAN TIEM
0062009-01-01JAMES VAN TIEM

Plan Statistics for THE 401(K) SAVINGS AND INVESTMENT PLAN FOR SSP CORP. AND AFFILIATES

401k plan membership statisitcs for THE 401(K) SAVINGS AND INVESTMENT PLAN FOR SSP CORP. AND AFFILIATES

Measure Date Value
2011: THE 401(K) SAVINGS AND INVESTMENT PLAN FOR SSP CORP. AND AFFILIATES 2011 401k membership
Total participants, beginning-of-year2011-01-0143
Total number of active participants reported on line 7a of the Form 55002011-01-0129
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0116
Total of all active and inactive participants2011-01-0145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0145
Number of participants with account balances2011-01-0145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: THE 401(K) SAVINGS AND INVESTMENT PLAN FOR SSP CORP. AND AFFILIATES 2010 401k membership
Total participants, beginning-of-year2010-01-0144
Total number of active participants reported on line 7a of the Form 55002010-01-0127
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0116
Total of all active and inactive participants2010-01-0143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0143
Number of participants with account balances2010-01-0143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-017
2009: THE 401(K) SAVINGS AND INVESTMENT PLAN FOR SSP CORP. AND AFFILIATES 2009 401k membership
Total participants, beginning-of-year2009-01-0143
Total number of active participants reported on line 7a of the Form 55002009-01-0133
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0111
Total of all active and inactive participants2009-01-0144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0144
Number of participants with account balances2009-01-0144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-015

Financial Data on THE 401(K) SAVINGS AND INVESTMENT PLAN FOR SSP CORP. AND AFFILIATES

Measure Date Value
2011 : THE 401(K) SAVINGS AND INVESTMENT PLAN FOR SSP CORP. AND AFFILIATES 2011 401k financial data
Total income from all sources2011-12-31$130,163
Expenses. Total of all expenses incurred2011-12-31$240,611
Benefits paid (including direct rollovers)2011-12-31$240,429
Total plan assets at end of year2011-12-31$760,741
Total plan assets at beginning of year2011-12-31$871,189
Value of fidelity bond covering the plan2011-12-31$2,000,000
Total contributions received or receivable from participants2011-12-31$74,573
Expenses. Other expenses not covered elsewhere2011-12-31$182
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$10,541
Net income (gross income less expenses)2011-12-31$-110,448
Net plan assets at end of year (total assets less liabilities)2011-12-31$760,741
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$871,189
Assets. Value of participant loans2011-12-31$24,244
Total contributions received or receivable from employer(s)2011-12-31$45,049
Value of certain deemed distributions of participant loans2011-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : THE 401(K) SAVINGS AND INVESTMENT PLAN FOR SSP CORP. AND AFFILIATES 2010 401k financial data
Total income from all sources2010-12-31$218,112
Expenses. Total of all expenses incurred2010-12-31$291,601
Benefits paid (including direct rollovers)2010-12-31$283,073
Total plan assets at end of year2010-12-31$871,189
Total plan assets at beginning of year2010-12-31$944,678
Value of fidelity bond covering the plan2010-12-31$2,000,000
Total contributions received or receivable from participants2010-12-31$86,541
Contributions received from other sources (not participants or employers)2010-12-31$2,987
Other income received2010-12-31$79,881
Net income (gross income less expenses)2010-12-31$-73,489
Net plan assets at end of year (total assets less liabilities)2010-12-31$871,189
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$944,678
Assets. Value of participant loans2010-12-31$7,225
Total contributions received or receivable from employer(s)2010-12-31$48,703
Value of certain deemed distributions of participant loans2010-12-31$8,528
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : THE 401(K) SAVINGS AND INVESTMENT PLAN FOR SSP CORP. AND AFFILIATES 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for THE 401(K) SAVINGS AND INVESTMENT PLAN FOR SSP CORP. AND AFFILIATES

2011: THE 401(K) SAVINGS AND INVESTMENT PLAN FOR SSP CORP. AND AFFILIATES 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: THE 401(K) SAVINGS AND INVESTMENT PLAN FOR SSP CORP. AND AFFILIATES 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: THE 401(K) SAVINGS AND INVESTMENT PLAN FOR SSP CORP. AND AFFILIATES 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )
Policy contract number037014
Policy instance 1
Insurance contract or identification number037014
Number of Individuals Covered45
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
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 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
PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )
Policy contract number037014
Policy instance 1
Insurance contract or identification number037014
Number of Individuals Covered43
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
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 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

Potentially related plans

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