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ONE SOURCE METAL 401(K) PLAN 401k Plan overview

Plan NameONE SOURCE METAL 401(K) PLAN
Plan identification number 001

ONE SOURCE METAL 401(K) PLAN 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.
  • 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

ONE SOURCE METAL SERVICES, LLC has sponsored the creation of one or more 401k plans.

Company Name:ONE SOURCE METAL SERVICES, LLC
Employer identification number (EIN):831708959
NAIC Classification:238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ONE SOURCE METAL 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01GREGORY JACKSON2024-07-08 GREGORY JACKSON2024-07-08
0012022-01-01GREGORY JACKSON2023-10-11 GREGORY JACKSON2023-10-11

Financial Data on ONE SOURCE METAL 401(K) PLAN

Measure Date Value
2025 : ONE SOURCE METAL 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-10-030
Total liabilities as of the end of the plan year2025-10-030
Total liabilities as of the beginning of the plan year2025-10-030
Total expenses incurred by plan in this plan year2025-10-0312879
Net assets as of the end of the plan year2025-10-03312440
Total assets as of the beginning of the plan year2025-10-03197058
Value of plan covered by a fidelity bond2025-10-03385000
Participant contributions to plan in this plan year2025-10-0357387
Value of participant loans at end of plan year2025-10-032500
Other expenses paid from plan in this plan year2025-10-033535
Other contributions to plan in this plan year2025-10-030
Other income to plan in this plan year2025-10-0332090
Plan net income in this plan year2025-10-03115382
Net assets as of the end of the plan year2025-10-03312440
Net assets as of the beginning of the plan year2025-10-03197058
Employer contributions to plan in this plan year2025-10-0338784
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-030
2024 : ONE SOURCE METAL 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-080
Total liabilities as of the end of the plan year2024-07-080
Total liabilities as of the beginning of the plan year2024-07-080
Total expenses incurred by plan in this plan year2024-07-081764
Net assets as of the end of the plan year2024-07-08197058
Total assets as of the beginning of the plan year2024-07-0879747
Value of plan covered by a fidelity bond2024-07-08385000
Participant contributions to plan in this plan year2024-07-0858997
Other expenses paid from plan in this plan year2024-07-080
Other contributions to plan in this plan year2024-07-080
Other income to plan in this plan year2024-07-0818235
Plan net income in this plan year2024-07-08117311
Net assets as of the end of the plan year2024-07-08197058
Net assets as of the beginning of the plan year2024-07-0879747
Employer contributions to plan in this plan year2024-07-0841843
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-081764

Potentially related plans

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