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SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 401k Plan overview

Plan NameSOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN
Plan identification number 002

SOBEL WESTEX, INC. PROFIT SHARING 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.
  • 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

SOBEL WESTEX, INC. has sponsored the creation of one or more 401k plans.

Company Name:SOBEL WESTEX, INC.
Employer identification number (EIN):880174980
NAIC Classification:812330
NAIC Description: Linen and Uniform Supply

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-04-01
0022021-04-01
0022020-04-01
0022019-04-01
0022018-04-01
0022017-04-01CARLOS FABBRI
0022016-04-01CARLOS FABBRI
0022015-04-01CARLOS FABBRI
0022014-04-01CARLOS FABBRI2015-12-21
0022013-04-01CARLOS FABBRI2014-12-21
0022012-04-01CARLOS FABBRI2014-01-06
0022011-04-01CARLOS FABBRI2012-12-18
0022010-04-01CARLOS FABBRI2011-07-26

Plan Statistics for SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN

401k plan membership statisitcs for SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN

Measure Date Value
2022: SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-04-01153
Total number of active participants reported on line 7a of the Form 55002022-04-01124
Number of retired or separated participants receiving benefits2022-04-011
Number of other retired or separated participants entitled to future benefits2022-04-0128
Total of all active and inactive participants2022-04-01153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-04-011
Total participants2022-04-01154
Number of participants with account balances2022-04-01109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-04-010
2021: SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-04-01160
Total number of active participants reported on line 7a of the Form 55002021-04-01115
Number of retired or separated participants receiving benefits2021-04-0134
Number of other retired or separated participants entitled to future benefits2021-04-010
Total of all active and inactive participants2021-04-01149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-04-011
Total participants2021-04-01150
Number of participants with account balances2021-04-01110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-04-010
2020: SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-04-01176
Total number of active participants reported on line 7a of the Form 55002020-04-01125
Number of retired or separated participants receiving benefits2020-04-010
Number of other retired or separated participants entitled to future benefits2020-04-0134
Total of all active and inactive participants2020-04-01159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-04-010
Total participants2020-04-01159
Number of participants with account balances2020-04-01107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-04-010
2019: SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-04-01182
Total number of active participants reported on line 7a of the Form 55002019-04-01140
Number of retired or separated participants receiving benefits2019-04-010
Number of other retired or separated participants entitled to future benefits2019-04-0126
Total of all active and inactive participants2019-04-01166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-04-010
Total participants2019-04-01166
Number of participants with account balances2019-04-01115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-04-010
2018: SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-04-01179
Total number of active participants reported on line 7a of the Form 55002018-04-01154
Number of retired or separated participants receiving benefits2018-04-010
Number of other retired or separated participants entitled to future benefits2018-04-0124
Total of all active and inactive participants2018-04-01178
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-04-010
Total participants2018-04-01178
Number of participants with account balances2018-04-01110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-04-010
2017: SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-04-01144
Total number of active participants reported on line 7a of the Form 55002017-04-01151
Number of retired or separated participants receiving benefits2017-04-010
Number of other retired or separated participants entitled to future benefits2017-04-0121
Total of all active and inactive participants2017-04-01172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-04-010
Total participants2017-04-01172
Number of participants with account balances2017-04-01101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-04-010
2016: SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-04-01143
Total number of active participants reported on line 7a of the Form 55002016-04-01121
Number of retired or separated participants receiving benefits2016-04-010
Number of other retired or separated participants entitled to future benefits2016-04-0121
Total of all active and inactive participants2016-04-01142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-04-010
Total participants2016-04-01142
Number of participants with account balances2016-04-0177
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-04-010
2015: SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-04-01134
Total number of active participants reported on line 7a of the Form 55002015-04-01113
Number of retired or separated participants receiving benefits2015-04-010
Number of other retired or separated participants entitled to future benefits2015-04-0120
Total of all active and inactive participants2015-04-01133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-04-010
Total participants2015-04-01133
Number of participants with account balances2015-04-0173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-04-012

Financial Data on SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN

Measure Date Value
2023 : SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2023 401k financial data
Total income from all sources (including contributions)2023-03-31$69,028
Total of all expenses incurred2023-03-31$983,942
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-03-31$927,880
Value of total corrective distributions2023-03-31$820
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-03-31$624,456
Value of total assets at end of year2023-03-31$6,650,195
Value of total assets at beginning of year2023-03-31$7,565,109
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-03-31$55,242
Total interest from all sources2023-03-31$5,295
Total dividends received (eg from common stock, registered investment company shares)2023-03-31$202,732
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-03-31No
Administrative expenses professional fees incurred2023-03-31$21,902
Was this plan covered by a fidelity bond2023-03-31Yes
Value of fidelity bond cover2023-03-31$500,000
If this is an individual account plan, was there a blackout period2023-03-31No
Were there any nonexempt tranactions with any party-in-interest2023-03-31No
Contributions received from participants2023-03-31$511,953
Participant contributions at end of year2023-03-31$92,583
Participant contributions at beginning of year2023-03-31$70,854
Participant contributions at end of year2023-03-31$0
Participant contributions at beginning of year2023-03-31$20,377
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-03-31No
Value of net income/loss2023-03-31$-914,914
Value of net assets at end of year (total assets less liabilities)2023-03-31$6,650,195
Value of net assets at beginning of year (total assets less liabilities)2023-03-31$7,565,109
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-03-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-03-31No
Were any leases to which the plan was party in default or uncollectible2023-03-31No
Investment advisory and management fees2023-03-31$33,340
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-03-31$6,418,872
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-03-31$7,207,938
Interest on participant loans2023-03-31$4,755
Interest earned on other investments2023-03-31$540
Value of interest in common/collective trusts at end of year2023-03-31$26,237
Value of interest in common/collective trusts at beginning of year2023-03-31$161,050
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-03-31$-763,455
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-03-31No
Was there a failure to transmit to the plan any participant contributions2023-03-31No
Has the plan failed to provide any benefit when due under the plan2023-03-31No
Contributions received in cash from employer2023-03-31$112,503
Employer contributions (assets) at end of year2023-03-31$112,503
Employer contributions (assets) at beginning of year2023-03-31$104,890
Income. Dividends from common stock2023-03-31$202,732
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-03-31$927,880
Did the plan have assets held for investment2023-03-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-03-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-03-31No
Opinion of an independent qualified public accountant for this plan2023-03-31Unqualified
Accountancy firm name2023-03-31DDK & COMPANY LLP
Accountancy firm EIN2023-03-31132738625
2022 : SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2022 401k financial data
Total income from all sources (including contributions)2022-03-31$854,266
Total of all expenses incurred2022-03-31$219,719
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-03-31$163,427
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-03-31$598,636
Value of total assets at end of year2022-03-31$7,565,109
Value of total assets at beginning of year2022-03-31$6,930,562
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-03-31$56,292
Total interest from all sources2022-03-31$4,997
Total dividends received (eg from common stock, registered investment company shares)2022-03-31$592,086
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-03-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-03-31$592,086
Administrative expenses professional fees incurred2022-03-31$20,541
Was this plan covered by a fidelity bond2022-03-31Yes
Value of fidelity bond cover2022-03-31$500,000
If this is an individual account plan, was there a blackout period2022-03-31No
Were there any nonexempt tranactions with any party-in-interest2022-03-31No
Contributions received from participants2022-03-31$493,533
Participant contributions at end of year2022-03-31$70,854
Participant contributions at beginning of year2022-03-31$82,660
Participant contributions at end of year2022-03-31$20,377
Income. Received or receivable in cash from other sources (including rollovers)2022-03-31$213
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-03-31No
Value of net income/loss2022-03-31$634,547
Value of net assets at end of year (total assets less liabilities)2022-03-31$7,565,109
Value of net assets at beginning of year (total assets less liabilities)2022-03-31$6,930,562
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-03-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-03-31No
Were any leases to which the plan was party in default or uncollectible2022-03-31No
Investment advisory and management fees2022-03-31$35,751
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-03-31$7,207,938
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-03-31$6,623,384
Interest on participant loans2022-03-31$3,594
Interest earned on other investments2022-03-31$1,403
Value of interest in common/collective trusts at end of year2022-03-31$161,050
Value of interest in common/collective trusts at beginning of year2022-03-31$122,756
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-03-31$-341,453
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-03-31No
Was there a failure to transmit to the plan any participant contributions2022-03-31No
Has the plan failed to provide any benefit when due under the plan2022-03-31No
Contributions received in cash from employer2022-03-31$104,890
Employer contributions (assets) at end of year2022-03-31$104,890
Employer contributions (assets) at beginning of year2022-03-31$101,762
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-03-31$163,427
Did the plan have assets held for investment2022-03-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-03-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-03-31No
Opinion of an independent qualified public accountant for this plan2022-03-31Unqualified
Accountancy firm name2022-03-31DDK & COMPANY LLP
Accountancy firm EIN2022-03-31132738625
2021 : SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-03-31$2,785,294
Total of all expenses incurred2021-03-31$563,064
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-03-31$511,506
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-03-31$571,865
Value of total assets at end of year2021-03-31$6,930,562
Value of total assets at beginning of year2021-03-31$4,708,332
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-03-31$51,558
Total interest from all sources2021-03-31$4,533
Total dividends received (eg from common stock, registered investment company shares)2021-03-31$267,616
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-03-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-03-31$267,616
Administrative expenses professional fees incurred2021-03-31$51,558
Was this plan covered by a fidelity bond2021-03-31Yes
Value of fidelity bond cover2021-03-31$500,000
If this is an individual account plan, was there a blackout period2021-03-31No
Were there any nonexempt tranactions with any party-in-interest2021-03-31No
Contributions received from participants2021-03-31$469,894
Participant contributions at end of year2021-03-31$82,660
Participant contributions at beginning of year2021-03-31$86,636
Income. Received or receivable in cash from other sources (including rollovers)2021-03-31$209
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-03-31No
Value of net income/loss2021-03-31$2,222,230
Value of net assets at end of year (total assets less liabilities)2021-03-31$6,930,562
Value of net assets at beginning of year (total assets less liabilities)2021-03-31$4,708,332
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-03-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-03-31No
Were any leases to which the plan was party in default or uncollectible2021-03-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-03-31$6,623,384
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-03-31$4,408,637
Interest on participant loans2021-03-31$3,556
Interest earned on other investments2021-03-31$977
Value of interest in common/collective trusts at end of year2021-03-31$122,756
Value of interest in common/collective trusts at beginning of year2021-03-31$96,041
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-03-31$1,941,280
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-03-31No
Was there a failure to transmit to the plan any participant contributions2021-03-31No
Has the plan failed to provide any benefit when due under the plan2021-03-31No
Contributions received in cash from employer2021-03-31$101,762
Employer contributions (assets) at end of year2021-03-31$101,762
Employer contributions (assets) at beginning of year2021-03-31$117,018
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-03-31$511,506
Did the plan have assets held for investment2021-03-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-03-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-03-31No
Opinion of an independent qualified public accountant for this plan2021-03-31Disclaimer
Accountancy firm name2021-03-31DDK & COMPANY LLP
Accountancy firm EIN2021-03-31132738625
2020 : SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2020 401k financial data
Total income from all sources (including contributions)2020-03-31$289,672
Total of all expenses incurred2020-03-31$173,210
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-03-31$124,952
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-03-31$724,045
Value of total assets at end of year2020-03-31$4,708,332
Value of total assets at beginning of year2020-03-31$4,591,870
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-03-31$48,258
Total interest from all sources2020-03-31$5,245
Total dividends received (eg from common stock, registered investment company shares)2020-03-31$207,345
Total dividends received from registered investment company shares (eg mutual funds)2020-03-31$207,345
Administrative expenses professional fees incurred2020-03-31$48,258
Was this plan covered by a fidelity bond2020-03-31Yes
Value of fidelity bond cover2020-03-31$500,000
If this is an individual account plan, was there a blackout period2020-03-31No
Were there any nonexempt tranactions with any party-in-interest2020-03-31No
Contributions received from participants2020-03-31$514,778
Participant contributions at end of year2020-03-31$86,636
Participant contributions at beginning of year2020-03-31$71,619
Participant contributions at beginning of year2020-03-31$3,879
Income. Received or receivable in cash from other sources (including rollovers)2020-03-31$92,249
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-03-31No
Value of net income/loss2020-03-31$116,462
Value of net assets at end of year (total assets less liabilities)2020-03-31$4,708,332
Value of net assets at beginning of year (total assets less liabilities)2020-03-31$4,591,870
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-03-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-03-31No
Were any leases to which the plan was party in default or uncollectible2020-03-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-03-31$4,408,637
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-03-31$4,313,317
Interest on participant loans2020-03-31$4,026
Interest earned on other investments2020-03-31$1,219
Value of interest in common/collective trusts at end of year2020-03-31$96,041
Value of interest in common/collective trusts at beginning of year2020-03-31$68,163
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-03-31$20,532
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-03-31$20,532
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-03-31$-646,963
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-03-31No
Was there a failure to transmit to the plan any participant contributions2020-03-31Yes
Has the plan failed to provide any benefit when due under the plan2020-03-31No
Contributions received in cash from employer2020-03-31$117,018
Employer contributions (assets) at end of year2020-03-31$117,018
Employer contributions (assets) at beginning of year2020-03-31$114,360
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-03-31$124,952
Did the plan have assets held for investment2020-03-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-03-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-03-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2020-03-31Yes
Opinion of an independent qualified public accountant for this plan2020-03-31Disclaimer
Accountancy firm name2020-03-31DDK & COMPANY LLP
Accountancy firm EIN2020-03-31132738625
2019 : SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2019 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-03-31$1,213
Total income from all sources (including contributions)2019-03-31$813,489
Total of all expenses incurred2019-03-31$617,049
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-03-31$569,670
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-03-31$620,310
Value of total assets at end of year2019-03-31$4,591,870
Value of total assets at beginning of year2019-03-31$4,396,643
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-03-31$47,379
Total interest from all sources2019-03-31$3,863
Total dividends received (eg from common stock, registered investment company shares)2019-03-31$254,492
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-03-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-03-31$254,492
Administrative expenses professional fees incurred2019-03-31$47,379
Was this plan covered by a fidelity bond2019-03-31Yes
Value of fidelity bond cover2019-03-31$500,000
If this is an individual account plan, was there a blackout period2019-03-31No
Were there any nonexempt tranactions with any party-in-interest2019-03-31No
Contributions received from participants2019-03-31$476,493
Participant contributions at end of year2019-03-31$71,619
Participant contributions at beginning of year2019-03-31$64,843
Participant contributions at end of year2019-03-31$3,879
Income. Received or receivable in cash from other sources (including rollovers)2019-03-31$29,457
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-03-31$1,213
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-03-31No
Value of net income/loss2019-03-31$196,440
Value of net assets at end of year (total assets less liabilities)2019-03-31$4,591,870
Value of net assets at beginning of year (total assets less liabilities)2019-03-31$4,395,430
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-03-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-03-31No
Were any leases to which the plan was party in default or uncollectible2019-03-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-03-31$4,313,317
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-03-31$4,169,965
Interest on participant loans2019-03-31$3,863
Value of interest in common/collective trusts at end of year2019-03-31$68,163
Value of interest in common/collective trusts at beginning of year2019-03-31$43,579
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-03-31$20,532
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-03-31$18,657
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-03-31$18,657
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-03-31$-66,150
Net investment gain or loss from common/collective trusts2019-03-31$974
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-03-31No
Was there a failure to transmit to the plan any participant contributions2019-03-31Yes
Has the plan failed to provide any benefit when due under the plan2019-03-31No
Contributions received in cash from employer2019-03-31$114,360
Employer contributions (assets) at end of year2019-03-31$114,360
Employer contributions (assets) at beginning of year2019-03-31$99,599
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-03-31$569,670
Did the plan have assets held for investment2019-03-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-03-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-03-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-03-31Yes
Opinion of an independent qualified public accountant for this plan2019-03-31Disclaimer
Accountancy firm name2019-03-31DDK & COMPANY LLP
Accountancy firm EIN2019-03-31132738625
2018 : SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2018 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-03-31$1,213
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-03-31$14,921
Total income from all sources (including contributions)2018-03-31$989,802
Total of all expenses incurred2018-03-31$82,216
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-03-31$50,669
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-03-31$519,523
Value of total assets at end of year2018-03-31$4,396,643
Value of total assets at beginning of year2018-03-31$3,502,765
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-03-31$31,547
Total interest from all sources2018-03-31$2,473
Total dividends received (eg from common stock, registered investment company shares)2018-03-31$165,836
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-03-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-03-31$165,836
Administrative expenses professional fees incurred2018-03-31$31,547
Was this plan covered by a fidelity bond2018-03-31Yes
Value of fidelity bond cover2018-03-31$350,000
If this is an individual account plan, was there a blackout period2018-03-31No
Were there any nonexempt tranactions with any party-in-interest2018-03-31No
Contributions received from participants2018-03-31$419,924
Participant contributions at end of year2018-03-31$64,843
Participant contributions at beginning of year2018-03-31$35,310
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-03-31$1,213
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-03-31$14,921
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-03-31No
Value of net income/loss2018-03-31$907,586
Value of net assets at end of year (total assets less liabilities)2018-03-31$4,395,430
Value of net assets at beginning of year (total assets less liabilities)2018-03-31$3,487,844
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-03-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-03-31No
Were any leases to which the plan was party in default or uncollectible2018-03-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-03-31$4,169,965
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-03-31$3,372,771
Interest on participant loans2018-03-31$2,473
Value of interest in common/collective trusts at end of year2018-03-31$43,579
Value of interest in common/collective trusts at beginning of year2018-03-31$20,278
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-03-31$18,657
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-03-31$10,076
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-03-31$10,076
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-03-31$301,555
Net investment gain or loss from common/collective trusts2018-03-31$415
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-03-31No
Was there a failure to transmit to the plan any participant contributions2018-03-31No
Has the plan failed to provide any benefit when due under the plan2018-03-31No
Contributions received in cash from employer2018-03-31$99,599
Employer contributions (assets) at end of year2018-03-31$99,599
Employer contributions (assets) at beginning of year2018-03-31$64,330
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-03-31$50,669
Did the plan have assets held for investment2018-03-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-03-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-03-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-03-31Yes
Opinion of an independent qualified public accountant for this plan2018-03-31Disclaimer
Accountancy firm name2018-03-31DDK & COMPANY LLP
Accountancy firm EIN2018-03-31132738625
2017 : SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2017 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-03-31$14,921
Total income from all sources (including contributions)2017-03-31$681,621
Total of all expenses incurred2017-03-31$106,670
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-03-31$70,245
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-03-31$297,082
Value of total assets at end of year2017-03-31$3,502,765
Value of total assets at beginning of year2017-03-31$2,912,893
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-03-31$36,425
Total interest from all sources2017-03-31$1,597
Total dividends received (eg from common stock, registered investment company shares)2017-03-31$101,764
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-03-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-03-31$101,764
Administrative expenses professional fees incurred2017-03-31$16,348
Was this plan covered by a fidelity bond2017-03-31Yes
Value of fidelity bond cover2017-03-31$200,000
If this is an individual account plan, was there a blackout period2017-03-31No
Were there any nonexempt tranactions with any party-in-interest2017-03-31No
Contributions received from participants2017-03-31$64,330
Participant contributions at end of year2017-03-31$35,310
Participant contributions at beginning of year2017-03-31$41,037
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-03-31$14,921
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-03-31No
Value of net income/loss2017-03-31$574,951
Value of net assets at end of year (total assets less liabilities)2017-03-31$3,487,844
Value of net assets at beginning of year (total assets less liabilities)2017-03-31$2,912,893
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-03-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-03-31No
Were any leases to which the plan was party in default or uncollectible2017-03-31No
Investment advisory and management fees2017-03-31$20,077
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-03-31$3,372,771
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-03-31$2,775,916
Interest on participant loans2017-03-31$1,597
Value of interest in common/collective trusts at end of year2017-03-31$20,278
Value of interest in common/collective trusts at beginning of year2017-03-31$27,409
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-03-31$10,076
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-03-31$9,320
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-03-31$9,320
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-03-31$280,898
Net investment gain or loss from common/collective trusts2017-03-31$280
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-03-31No
Was there a failure to transmit to the plan any participant contributions2017-03-31No
Has the plan failed to provide any benefit when due under the plan2017-03-31No
Contributions received in cash from employer2017-03-31$232,752
Employer contributions (assets) at end of year2017-03-31$64,330
Employer contributions (assets) at beginning of year2017-03-31$59,211
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-03-31$70,245
Did the plan have assets held for investment2017-03-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-03-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-03-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-03-31Yes
Opinion of an independent qualified public accountant for this plan2017-03-31Disclaimer
Accountancy firm name2017-03-31DDK & COMPANY LLP
Accountancy firm EIN2017-03-31132738625
2016 : SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2016 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-03-31$76
Total income from all sources (including contributions)2016-03-31$196,412
Total of all expenses incurred2016-03-31$409,448
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-03-31$373,706
Value of total corrective distributions2016-03-31$4,920
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-03-31$296,329
Value of total assets at end of year2016-03-31$2,912,893
Value of total assets at beginning of year2016-03-31$3,126,005
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-03-31$30,822
Total interest from all sources2016-03-31$1,579
Total dividends received (eg from common stock, registered investment company shares)2016-03-31$144,856
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-03-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-03-31$144,856
Administrative expenses professional fees incurred2016-03-31$10,530
Was this plan covered by a fidelity bond2016-03-31Yes
Value of fidelity bond cover2016-03-31$200,000
If this is an individual account plan, was there a blackout period2016-03-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-03-31$0
Were there any nonexempt tranactions with any party-in-interest2016-03-31No
Contributions received from participants2016-03-31$229,745
Participant contributions at end of year2016-03-31$41,037
Participant contributions at beginning of year2016-03-31$30,786
Income. Received or receivable in cash from other sources (including rollovers)2016-03-31$7,373
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-03-31$76
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-03-31No
Value of net income/loss2016-03-31$-213,036
Value of net assets at end of year (total assets less liabilities)2016-03-31$2,912,893
Value of net assets at beginning of year (total assets less liabilities)2016-03-31$3,125,929
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-03-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-03-31No
Were any leases to which the plan was party in default or uncollectible2016-03-31No
Investment advisory and management fees2016-03-31$20,292
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-03-31$2,775,916
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-03-31$2,976,982
Interest on participant loans2016-03-31$1,579
Value of interest in common/collective trusts at end of year2016-03-31$27,409
Value of interest in common/collective trusts at beginning of year2016-03-31$73,790
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-03-31$9,320
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-03-31$-246,840
Net investment gain or loss from common/collective trusts2016-03-31$488
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-03-31No
Was there a failure to transmit to the plan any participant contributions2016-03-31No
Has the plan failed to provide any benefit when due under the plan2016-03-31No
Contributions received in cash from employer2016-03-31$59,211
Employer contributions (assets) at end of year2016-03-31$59,211
Employer contributions (assets) at beginning of year2016-03-31$44,447
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-03-31$373,706
Did the plan have assets held for investment2016-03-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-03-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-03-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-03-31Yes
Opinion of an independent qualified public accountant for this plan2016-03-31Disclaimer
Accountancy firm name2016-03-31DDK & COMPANY LLP
Accountancy firm EIN2016-03-31132738625

Form 5500 Responses for SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN

2022: SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2022 form 5500 responses
2022-04-01Type of plan entitySingle employer plan
2022-04-01Plan funding arrangement – TrustYes
2022-04-01Plan benefit arrangement - TrustYes
2021: SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2021 form 5500 responses
2021-04-01Type of plan entitySingle employer plan
2021-04-01Plan funding arrangement – TrustYes
2021-04-01Plan benefit arrangement - TrustYes
2020: SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2020 form 5500 responses
2020-04-01Type of plan entitySingle employer plan
2020-04-01Plan funding arrangement – TrustYes
2020-04-01Plan benefit arrangement - TrustYes
2019: SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2019 form 5500 responses
2019-04-01Type of plan entitySingle employer plan
2019-04-01Plan funding arrangement – TrustYes
2019-04-01Plan benefit arrangement - TrustYes
2018: SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2018 form 5500 responses
2018-04-01Type of plan entitySingle employer plan
2018-04-01Plan funding arrangement – TrustYes
2018-04-01Plan benefit arrangement - TrustYes
2017: SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2017 form 5500 responses
2017-04-01Type of plan entitySingle employer plan
2017-04-01Plan funding arrangement – TrustYes
2017-04-01Plan benefit arrangement - TrustYes
2016: SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2016 form 5500 responses
2016-04-01Type of plan entitySingle employer plan
2016-04-01Plan funding arrangement – TrustYes
2016-04-01Plan benefit arrangement - TrustYes
2015: SOBEL WESTEX, INC. PROFIT SHARING 401(K) PLAN 2015 form 5500 responses
2015-04-01Type of plan entitySingle employer plan
2015-04-01Plan funding arrangement – TrustYes
2015-04-01Plan benefit arrangement - TrustYes

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