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SATELLITE MACHINE CO INC MONEY PURCHASE PENSION PLAN 401k Plan overview

Plan NameSATELLITE MACHINE CO INC MONEY PURCHASE PENSION PLAN
Plan identification number 001

SATELLITE MACHINE CO INC MONEY PURCHASE PENSION PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • 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

STAELLITE MACHINE CO INC. has sponsored the creation of one or more 401k plans.

Company Name:STAELLITE MACHINE CO INC.
Employer identification number (EIN):952951460
NAIC Classification:332900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SATELLITE MACHINE CO INC MONEY PURCHASE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01HELEN VESSOV2023-08-24
0012021-01-01HELEN VESSOV2022-09-17
0012020-01-01HELEN VESSOV2021-09-09
0012019-01-01HELEN VESSOV2020-08-06
0012018-01-01HELEN VESSOV2019-07-10 HELEN VESSOV2019-07-10
0012017-01-01HELEN VESSOV2018-07-18
0012016-01-01HELEN VESSOV2017-07-13
0012015-01-01HELEN VESSOV2016-08-24
0012014-01-01HELEN VESSOV2015-07-02
0012013-01-01HELEN VESSOV2014-06-26
0012012-01-01HELEN VESSOV
0012011-01-01HELEN VESSOV
0012010-01-01HELEN VESSOV
0012009-01-01HELEN VESSOV

Plan Statistics for SATELLITE MACHINE CO INC MONEY PURCHASE PENSION PLAN

401k plan membership statisitcs for SATELLITE MACHINE CO INC MONEY PURCHASE PENSION PLAN

Measure Date Value
2012: SATELLITE MACHINE CO INC MONEY PURCHASE PENSION PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-013
Total number of active participants reported on line 7a of the Form 55002012-01-012
Number of retired or separated participants receiving benefits2012-01-011
Total of all active and inactive participants2012-01-013
Total participants2012-01-013
Number of participants with account balances2012-01-013
2011: SATELLITE MACHINE CO INC MONEY PURCHASE PENSION PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-013
Total number of active participants reported on line 7a of the Form 55002011-01-012
Number of retired or separated participants receiving benefits2011-01-011
Total of all active and inactive participants2011-01-013
Total participants2011-01-013
Number of participants with account balances2011-01-013
2010: SATELLITE MACHINE CO INC MONEY PURCHASE PENSION PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-013
Total number of active participants reported on line 7a of the Form 55002010-01-012
Number of retired or separated participants receiving benefits2010-01-011
Total of all active and inactive participants2010-01-013
Total participants2010-01-013
Number of participants with account balances2010-01-013
2009: SATELLITE MACHINE CO INC MONEY PURCHASE PENSION PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-013
Total number of active participants reported on line 7a of the Form 55002009-01-012
Number of retired or separated participants receiving benefits2009-01-011
Total of all active and inactive participants2009-01-013
Total participants2009-01-013
Number of participants with account balances2009-01-013

Financial Data on SATELLITE MACHINE CO INC MONEY PURCHASE PENSION PLAN

Measure Date Value
2012 : SATELLITE MACHINE CO INC MONEY PURCHASE PENSION PLAN 2012 401k financial data
Total income from all sources2012-12-31$13,314
Expenses. Total of all expenses incurred2012-12-31$23,465
Benefits paid (including direct rollovers)2012-12-31$19,745
Total plan assets at end of year2012-12-31$508,471
Total plan assets at beginning of year2012-12-31$518,622
Expenses. Other expenses not covered elsewhere2012-12-31$3,720
Other income received2012-12-31$6,637
Net income (gross income less expenses)2012-12-31$-10,151
Net plan assets at end of year (total assets less liabilities)2012-12-31$508,471
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$518,622
Total contributions received or receivable from employer(s)2012-12-31$6,677
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$6,677
Amount contributed by the employer to the plan for this plan year2012-12-31$6,677
2011 : SATELLITE MACHINE CO INC MONEY PURCHASE PENSION PLAN 2011 401k financial data
Total income from all sources2011-12-31$14,722
Expenses. Total of all expenses incurred2011-12-31$54,307
Benefits paid (including direct rollovers)2011-12-31$51,162
Total plan assets at end of year2011-12-31$518,622
Total plan assets at beginning of year2011-12-31$558,207
Expenses. Other expenses not covered elsewhere2011-12-31$3,145
Other income received2011-12-31$6,154
Net income (gross income less expenses)2011-12-31$-39,585
Net plan assets at end of year (total assets less liabilities)2011-12-31$518,622
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$558,207
Total contributions received or receivable from employer(s)2011-12-31$8,568
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$8,568
Amount contributed by the employer to the plan for this plan year2011-12-31$8,568
2010 : SATELLITE MACHINE CO INC MONEY PURCHASE PENSION PLAN 2010 401k financial data
Total income from all sources2010-12-31$14,881
Expenses. Total of all expenses incurred2010-12-31$22,816
Benefits paid (including direct rollovers)2010-12-31$19,671
Total plan assets at end of year2010-12-31$558,207
Total plan assets at beginning of year2010-12-31$566,142
Expenses. Other expenses not covered elsewhere2010-12-31$3,145
Other income received2010-12-31$6,775
Net income (gross income less expenses)2010-12-31$-7,935
Net plan assets at end of year (total assets less liabilities)2010-12-31$558,207
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$566,142
Total contributions received or receivable from employer(s)2010-12-31$8,106
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$8,106
Amount contributed by the employer to the plan for this plan year2010-12-31$8,106
2009 : SATELLITE MACHINE CO INC MONEY PURCHASE PENSION PLAN 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$12,548
Amount contributed by the employer to the plan for this plan year2009-12-31$12,548

Form 5500 Responses for SATELLITE MACHINE CO INC MONEY PURCHASE PENSION PLAN

2012: SATELLITE MACHINE CO INC MONEY PURCHASE PENSION 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 – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: SATELLITE MACHINE CO INC MONEY PURCHASE PENSION 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 – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: SATELLITE MACHINE CO INC MONEY PURCHASE PENSION PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: SATELLITE MACHINE CO INC MONEY PURCHASE PENSION PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
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 - TrustYes

Insurance Providers Used on plan

NEW YORK LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66915 )
Policy contract numberPO7944
Policy instance 1
Insurance contract or identification numberPO7944
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Insurance broker nameGARY GRANT LATTIN
NEW YORK LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66915 )
Policy contract numberP07945
Policy instance 1
Insurance contract or identification numberP07945
Number of Individuals Covered2
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
NEW YORK LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66915 )
Policy contract numberPO7945
Policy instance 1
Insurance contract or identification numberPO7945
Number of Individuals Covered2
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Insurance broker nameGARY GRANT LATTIN

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