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ELMET NORTH AMERICA 401(K) RETIREMENT PLAN 401k Plan overview

Plan NameELMET NORTH AMERICA 401(K) RETIREMENT PLAN
Plan identification number 001

ELMET NORTH AMERICA 401(K) RETIREMENT 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

ELMET NORTH AMERICA has sponsored the creation of one or more 401k plans.

Company Name:ELMET NORTH AMERICA
Employer identification number (EIN):990369661
NAIC Classification:423800

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ELMET NORTH AMERICA 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01RYAN CUTLER2024-02-20
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-08-01RYAN CUTLER2016-06-14

Plan Statistics for ELMET NORTH AMERICA 401(K) RETIREMENT PLAN

401k plan membership statisitcs for ELMET NORTH AMERICA 401(K) RETIREMENT PLAN

Measure Date Value
2025: ELMET NORTH AMERICA 401(K) RETIREMENT PLAN 2025 401k membership
Total number of particpants at beginning of year2025-03-122
Total number of particpants at end of year2025-03-122
Number of Participants With Account Balances2025-03-121
2024: ELMET NORTH AMERICA 401(K) RETIREMENT PLAN 2024 401k membership
Total number of particpants at beginning of year2024-02-202
Total number of particpants at end of year2024-02-202
Number of Participants With Account Balances2024-02-201
2022: ELMET NORTH AMERICA 401(K) RETIREMENT PLAN 2022 401k membership
Total number of particpants at beginning of year2022-03-212
Total number of particpants at end of year2022-03-212
Number of Participants With Account Balances2022-03-210

Financial Data on ELMET NORTH AMERICA 401(K) RETIREMENT PLAN

Measure Date Value
2025 : ELMET NORTH AMERICA 401(K) RETIREMENT PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-03-120
Net assets as of the end of the plan year2025-03-1237140
Total assets as of the beginning of the plan year2025-03-1226732
Value of plan covered by a fidelity bond2025-03-12100000
Participant contributions to plan in this plan year2025-03-124118
Other income to plan in this plan year2025-03-123436
Plan net income in this plan year2025-03-1210408
Net assets as of the end of the plan year2025-03-1237140
Net assets as of the beginning of the plan year2025-03-1226732
Employer contributions to plan in this plan year2025-03-122854
2024 : ELMET NORTH AMERICA 401(K) RETIREMENT PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-02-200
Net assets as of the end of the plan year2024-02-2026732
Total assets as of the beginning of the plan year2024-02-2010145
Value of plan covered by a fidelity bond2024-02-20100000
Participant contributions to plan in this plan year2024-02-209993
Other income to plan in this plan year2024-02-203929
Plan net income in this plan year2024-02-2016587
Net assets as of the end of the plan year2024-02-2026732
Net assets as of the beginning of the plan year2024-02-2010145
Employer contributions to plan in this plan year2024-02-202665
2022 : ELMET NORTH AMERICA 401(K) RETIREMENT PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-03-210
Net assets as of the end of the plan year2022-03-21826
Total assets as of the beginning of the plan year2022-03-21826
Value of plan covered by a fidelity bond2022-03-21100000
Plan net income in this plan year2022-03-210
Net assets as of the end of the plan year2022-03-21826
Net assets as of the beginning of the plan year2022-03-21826

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