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Plan Name | GENERAL SHEET METAL EMPLOYEE STOCK OWNERSHIP PLAN |
Plan identification number | 004 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
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Company Name: | GENERAL SHEET METAL WORKS, INC. |
Employer identification number (EIN): | 930611584 |
NAIC Classification: | 238900 |
Additional information about GENERAL SHEET METAL WORKS, INC.
Jurisdiction of Incorporation: | Oregon Secretary of State Corporations Division |
Incorporation Date: | 1972-08-16 |
Company Identification Number: | 9826215 |
Legal Registered Office Address: |
851 SW SIXTH AVE STE 1500 PORTLAND United States of America (USA) 97204 |
More information about GENERAL SHEET METAL WORKS, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
004 | 2022-04-01 | ||||
004 | 2021-04-01 | ||||
004 | 2020-04-01 | ||||
004 | 2019-04-01 | ||||
004 | 2018-04-01 |
Measure | Date | Value |
---|---|---|
2022: GENERAL SHEET METAL EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership | ||
Total participants, beginning-of-year | 2022-04-01 | 114 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-04-01 | 96 |
Number of retired or separated participants receiving benefits | 2022-04-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2022-04-01 | 30 |
Total of all active and inactive participants | 2022-04-01 | 126 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-04-01 | 2 |
Total participants | 2022-04-01 | 128 |
Number of participants with account balances | 2022-04-01 | 125 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-04-01 | 14 |
Measure | Date | Value |
---|---|---|
2023 : GENERAL SHEET METAL EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data | ||
Transfers to/from the plan | 2023-03-31 | $0 |
Total plan liabilities at end of year | 2023-03-31 | $6,566,000 |
Total plan liabilities at beginning of year | 2023-03-31 | $0 |
Total income from all sources | 2023-03-31 | $-4,964,529 |
Expenses. Total of all expenses incurred | 2023-03-31 | $0 |
Benefits paid (including direct rollovers) | 2023-03-31 | $0 |
Total plan assets at end of year | 2023-03-31 | $3,172,225 |
Total plan assets at beginning of year | 2023-03-31 | $1,570,754 |
Value of fidelity bond covering the plan | 2023-03-31 | $1,000,000 |
Total contributions received or receivable from participants | 2023-03-31 | $0 |
Expenses. Other expenses not covered elsewhere | 2023-03-31 | $0 |
Contributions received from other sources (not participants or employers) | 2023-03-31 | $0 |
Other income received | 2023-03-31 | $-5,815,612 |
Noncash contributions received | 2023-03-31 | $0 |
Net income (gross income less expenses) | 2023-03-31 | $-4,964,529 |
Net plan assets at end of year (total assets less liabilities) | 2023-03-31 | $-3,393,775 |
Net plan assets at beginning of year (total assets less liabilities) | 2023-03-31 | $1,570,754 |
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year | 2023-03-31 | $0 |
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year | 2023-03-31 | $0 |
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102 | 2023-03-31 | $0 |
Assets. Value of employer securities | 2023-03-31 | $2,184,388 |
Total contributions received or receivable from employer(s) | 2023-03-31 | $851,083 |
Value of certain deemed distributions of participant loans | 2023-03-31 | $0 |
Value of corrective distributions | 2023-03-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2023-03-31 | $0 |
2022: GENERAL SHEET METAL EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses | ||
---|---|---|
2022-04-01 | Type of plan entity | Single employer plan |
2022-04-01 | This submission is the final filing | No |
2022-04-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2022-04-01 | Plan is a collectively bargained plan | No |
2022-04-01 | Plan funding arrangement – Trust | Yes |
2022-04-01 | Plan benefit arrangement - Trust | Yes |