Logo

CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN 401k Plan overview

Plan NameCORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN
Plan identification number 002

CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Life insurance

401k Sponsoring company profile

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

Company Name:CORROSION SPECIALTIES, INC.
Employer identification number (EIN):581088571
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Additional information about CORROSION SPECIALTIES, INC.

Jurisdiction of Incorporation: California Department of State
Incorporation Date: 1975-09-19
Company Identification Number: C0754357
Legal Registered Office Address: 1412 N Batavia Ave

Orange
United States of America (USA)
92667

More information about CORROSION SPECIALTIES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022016-01-01JOHN STEINMANN
0022015-01-01JOHN STEINMANN
0022014-01-01JOHN STEINMANN
0022013-01-01JOHN MATTHEW STEINMANN
0022012-01-01JOHN MATTHEW STEINMANN
0022011-01-01JOHN MATTHEW STEINMANN
0022009-01-01JOHN MATTHEW STEINMANN

Financial Data on CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN

Measure Date Value
2016 : CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN 2016 401k financial data
Transfers to/from the plan2016-06-14$0
Total plan liabilities at end of year2016-06-14$0
Total plan liabilities at beginning of year2016-06-14$0
Total income from all sources2016-06-14$99,663
Expenses. Total of all expenses incurred2016-06-14$4,114,557
Benefits paid (including direct rollovers)2016-06-14$4,114,532
Total plan assets at end of year2016-06-14$0
Total plan assets at beginning of year2016-06-14$4,014,894
Value of fidelity bond covering the plan2016-06-14$500,000
Total contributions received or receivable from participants2016-06-14$17,972
Expenses. Other expenses not covered elsewhere2016-06-14$0
Contributions received from other sources (not participants or employers)2016-06-14$0
Other income received2016-06-14$-7,747
Noncash contributions received2016-06-14$0
Net income (gross income less expenses)2016-06-14$-4,014,894
Net plan assets at end of year (total assets less liabilities)2016-06-14$0
Net plan assets at beginning of year (total assets less liabilities)2016-06-14$4,014,894
Assets. Value of participant loans2016-06-14$0
Total contributions received or receivable from employer(s)2016-06-14$89,438
Value of certain deemed distributions of participant loans2016-06-14$0
Value of corrective distributions2016-06-14$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-06-14$25
2015 : CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$175,057
Expenses. Total of all expenses incurred2015-12-31$96,063
Benefits paid (including direct rollovers)2015-12-31$96,038
Total plan assets at end of year2015-12-31$4,014,894
Total plan assets at beginning of year2015-12-31$3,935,900
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$88,069
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-45,868
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$78,994
Net plan assets at end of year (total assets less liabilities)2015-12-31$4,014,894
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$3,935,900
Assets. Value of participant loans2015-12-31$50,821
Total contributions received or receivable from employer(s)2015-12-31$132,856
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$25
2014 : CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$26,015
Expenses. Total of all expenses incurred2014-12-31$26,802
Benefits paid (including direct rollovers)2014-12-31$23,421
Total plan assets at end of year2014-12-31$3,935,900
Total plan assets at beginning of year2014-12-31$3,936,687
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$85,508
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$-107,330
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$-787
Net plan assets at end of year (total assets less liabilities)2014-12-31$3,935,900
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$3,936,687
Assets. Value of participant loans2014-12-31$77,628
Total contributions received or receivable from employer(s)2014-12-31$47,837
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$3,381
2013 : CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$854,124
Expenses. Total of all expenses incurred2013-12-31$3,250
Benefits paid (including direct rollovers)2013-12-31$0
Total plan assets at end of year2013-12-31$3,936,687
Total plan assets at beginning of year2013-12-31$3,085,813
Value of fidelity bond covering the plan2013-12-31$250,000
Total contributions received or receivable from participants2013-12-31$89,946
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$637,157
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$850,874
Net plan assets at end of year (total assets less liabilities)2013-12-31$3,936,687
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$3,085,813
Assets. Value of participant loans2013-12-31$43,266
Total contributions received or receivable from employer(s)2013-12-31$127,021
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$3,250
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$539,180
Expenses. Total of all expenses incurred2012-12-31$14,748
Benefits paid (including direct rollovers)2012-12-31$11,473
Total plan assets at end of year2012-12-31$3,085,813
Total plan assets at beginning of year2012-12-31$2,561,381
Value of fidelity bond covering the plan2012-12-31$250,000
Total contributions received or receivable from participants2012-12-31$90,737
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$315,944
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$524,432
Net plan assets at end of year (total assets less liabilities)2012-12-31$3,085,813
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$2,561,381
Assets. Value of participant loans2012-12-31$41,429
Total contributions received or receivable from employer(s)2012-12-31$132,499
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$3,275
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$138,988
Expenses. Total of all expenses incurred2011-12-31$8,025
Benefits paid (including direct rollovers)2011-12-31$25
Total plan assets at end of year2011-12-31$2,561,381
Total plan assets at beginning of year2011-12-31$2,430,418
Value of fidelity bond covering the plan2011-12-31$250,000
Total contributions received or receivable from participants2011-12-31$77,692
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-69,952
Noncash contributions received2011-12-31$0
Net income (gross income less expenses)2011-12-31$130,963
Net plan assets at end of year (total assets less liabilities)2011-12-31$2,561,381
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$2,430,418
Assets. Value of participant loans2011-12-31$11,435
Total contributions received or receivable from employer(s)2011-12-31$131,248
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$8,000
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$453,773
Expenses. Total of all expenses incurred2010-12-31$28,448
Benefits paid (including direct rollovers)2010-12-31$21,924
Total plan assets at end of year2010-12-31$2,430,418
Total plan assets at beginning of year2010-12-31$2,005,093
Value of fidelity bond covering the plan2010-12-31$100,000
Total contributions received or receivable from participants2010-12-31$68,358
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$265,283
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$425,325
Net plan assets at end of year (total assets less liabilities)2010-12-31$2,430,418
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$2,005,093
Assets. Value of participant loans2010-12-31$2,416
Total contributions received or receivable from employer(s)2010-12-31$120,132
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$6,524
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN 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 CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN

2016: CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingYes
2016-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: CORROSION SPECIALTIES, INC. 401K PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

CROWN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 80675 )
Policy contract number2403107
Policy instance 1
SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 )
Policy contract number0A0138
Policy instance 2
CROWN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 80675 )
Policy contract number2403107
Policy instance 1
SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 )
Policy contract number0A0138
Policy instance 2
SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 )
Policy contract number0A0138
Policy instance 1
CROWN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 80675 )
Policy contract number2403107
Policy instance 2
SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 )
Policy contract number0A0138
Policy instance 1
CROWN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 80675 )
Policy contract number2403107
Policy instance 2
SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 )
Policy contract number0A0138
Policy instance 1
CROWN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 80675 )
Policy contract number2403107
Policy instance 2
SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 )
Policy contract number0A0138
Policy instance 1
CROWN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 80675 )
Policy contract number2403107
Policy instance 2

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 S1