AIR INDUSTRIES GROUP has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan AIR INDUSTRIES GROUP 401(K) PLAN
| Measure | Date | Value |
|---|
| 2022 : AIR INDUSTRIES GROUP 401(K) PLAN 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $7,276 |
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $7,276 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $29,995 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $41,846 |
| Total income from all sources (including contributions) | 2022-12-31 | $-634,085 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $1,149,621 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,098,563 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $8,397 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $649,505 |
| Value of total assets at end of year | 2022-12-31 | $6,860,864 |
| Value of total assets at beginning of year | 2022-12-31 | $8,656,421 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $42,661 |
| Total interest from all sources | 2022-12-31 | $6,704 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $241,558 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $241,558 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $861,458 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $647,288 |
| Participant contributions at end of year | 2022-12-31 | $160,100 |
| Participant contributions at beginning of year | 2022-12-31 | $134,138 |
| Participant contributions at end of year | 2022-12-31 | $0 |
| Participant contributions at beginning of year | 2022-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $2,217 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $718 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $667 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $29,995 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $41,846 |
| Total non interest bearing cash at end of year | 2022-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-1,783,706 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $6,830,869 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $8,614,575 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $6,123,642 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $7,882,214 |
| Interest on participant loans | 2022-12-31 | $6,704 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $576,404 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $639,402 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,539,128 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Assets. Invements in employer securities at end of year | 2022-12-31 | $0 |
| Assets. Invements in employer securities at beginning of year | 2022-12-31 | $0 |
| Assets. Value of employer real property at end of year | 2022-12-31 | $0 |
| Assets. Value of employer real property at beginning of year | 2022-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,098,563 |
| Contract administrator fees | 2022-12-31 | $42,661 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | PW PARTNERS |
| Accountancy firm EIN | 2022-12-31 | 833223563 |
| 2021 : AIR INDUSTRIES GROUP 401(K) PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $41,846 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $41,846 |
| Total income from all sources (including contributions) | 2021-12-31 | $1,761,449 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $597,749 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $553,819 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $729,452 |
| Value of total assets at end of year | 2021-12-31 | $8,656,421 |
| Value of total assets at beginning of year | 2021-12-31 | $7,492,721 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $43,930 |
| Total interest from all sources | 2021-12-31 | $7,702 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $411,499 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $411,499 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $650,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $636,454 |
| Participant contributions at end of year | 2021-12-31 | $134,138 |
| Participant contributions at beginning of year | 2021-12-31 | $177,900 |
| Participant contributions at end of year | 2021-12-31 | $0 |
| Participant contributions at beginning of year | 2021-12-31 | $609 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $92,923 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $667 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $591 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $41,846 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $41,846 |
| Administrative expenses (other) incurred | 2021-12-31 | $43,930 |
| Total non interest bearing cash at end of year | 2021-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Income. Non cash contributions | 2021-12-31 | $75 |
| Value of net income/loss | 2021-12-31 | $1,163,700 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $8,614,575 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $7,450,875 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $7,882,214 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $6,792,715 |
| Interest on participant loans | 2021-12-31 | $7,702 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $639,402 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $520,906 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $612,796 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $553,819 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | PW PARTNERS |
| Accountancy firm EIN | 2021-12-31 | 833223563 |
| 2020 : AIR INDUSTRIES GROUP 401(K) PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total transfer of assets to this plan | 2020-12-31 | $3,332,764 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $41,846 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $124,081 |
| Expenses. Interest paid | 2020-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $1,311,170 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $1,139,510 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $1,112,087 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $6,110 |
| Value of total corrective distributions | 2020-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $540,261 |
| Value of total assets at end of year | 2020-12-31 | $7,493,111 |
| Value of total assets at beginning of year | 2020-12-31 | $4,070,922 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $21,313 |
| Total interest from all sources | 2020-12-31 | $7,195 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $209,891 |
| Administrative expenses professional fees incurred | 2020-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $650,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $540,261 |
| Participant contributions at end of year | 2020-12-31 | $177,900 |
| Participant contributions at beginning of year | 2020-12-31 | $27,988 |
| Participant contributions at end of year | 2020-12-31 | $1,590 |
| Participant contributions at beginning of year | 2020-12-31 | $591 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $591 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $591 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $41,846 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $124,081 |
| Other income not declared elsewhere | 2020-12-31 | $0 |
| Administrative expenses (other) incurred | 2020-12-31 | $125 |
| Total non interest bearing cash at end of year | 2020-12-31 | $181 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $171,660 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $7,451,265 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $3,946,841 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Investment advisory and management fees | 2020-12-31 | $21,188 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $6,793,600 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $0 |
| Interest on participant loans | 2020-12-31 | $7,195 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $536 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $536 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $519,840 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $4,041,807 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $763,714 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $1,112,087 |
| Contract administrator fees | 2020-12-31 | $0 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | PW PARTNERS |
| Accountancy firm EIN | 2020-12-31 | 833223563 |
| 2019 : AIR INDUSTRIES GROUP 401(K) PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total transfer of assets from this plan | 2019-12-31 | $1,098,620 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $124,081 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $78,257 |
| Total income from all sources (including contributions) | 2019-12-31 | $1,055,939 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $263,475 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $262,324 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $194,076 |
| Value of total assets at end of year | 2019-12-31 | $4,070,923 |
| Value of total assets at beginning of year | 2019-12-31 | $4,331,255 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $1,151 |
| Total interest from all sources | 2019-12-31 | $1,451 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $72,688 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $72,688 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $650,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $188,479 |
| Participant contributions at end of year | 2019-12-31 | $27,988 |
| Participant contributions at beginning of year | 2019-12-31 | $56,187 |
| Participant contributions at end of year | 2019-12-31 | $592 |
| Participant contributions at beginning of year | 2019-12-31 | $1,171 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $5,597 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $124,081 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $78,257 |
| Other income not declared elsewhere | 2019-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $792,464 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $3,946,842 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $4,252,998 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $4,041,807 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $4,024,766 |
| Income. Interest from loans (other than to participants) | 2019-12-31 | $1,451 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $536 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $249,131 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $249,131 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $787,724 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $262,324 |
| Contract administrator fees | 2019-12-31 | $1,151 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | PW PARTNERS |
| Accountancy firm EIN | 2019-12-31 | 833223563 |
