Fidelity bond in place
Yes
Filing
Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan
Kell - Strom Tool Company Inc. • EIN 06-0412637 • Plan year 2007
Filing Insights
Participants
Down41 → 30
-11 • -26.83%
Assets
Up$6,536,605 → $7,201,333
$664,728 • 10.17%
Investment Management Fee
-
Admin expenses - • Total expenses $267,567
Filing Details
Context- Net investment result
- $664,728
- Pension payor EIN
- 06-0412637
Status Flags
Limited-scope audit performed
Not reported
Contributions transmitted on time
Not reported
Participant loans in default
No
Leases in default
No
Reportable party-in-interest issues
Not reported
Loss discovered during year
No
Assets with undetermined value
No
Non-cash contributions
No
Assets held for investment
Not reported
5% transactions reported
Not reported
All plan assets distributed
No
Benefits paid when due
Not reported
Plan blackout period
Not reported
Plan termination resolution adopted
No
Counterparties
Company Timeline
This filing is highlighted inside the broader sponsor history.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 39 | $9,672,535 | $253,502 | $6,500iApproximate average salary by contribution assumption: employee only about $162,501 at 4% or $108,334 at 6%; with 50% employer match about $108,334 at 4% or $72,223 at 6%; with 100% employer match about $81,251 at 4% or $54,167 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 39 | $9,672,535 | $253,502 | $6,500iApproximate average salary by contribution assumption: employee only about $162,501 at 4% or $108,334 at 6%; with 50% employer match about $108,334 at 4% or $72,223 at 6%; with 100% employer match about $81,251 at 4% or $54,167 at 6%. |
| 2023 | 1 | 34 | $8,804,670 | $252,383 | $7,423iApproximate average salary by contribution assumption: employee only about $185,576 at 4% or $123,717 at 6%; with 50% employer match about $123,717 at 4% or $82,478 at 6%; with 100% employer match about $92,788 at 4% or $61,859 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 34 | $8,804,670 | $252,383 | $7,423iApproximate average salary by contribution assumption: employee only about $185,576 at 4% or $123,717 at 6%; with 50% employer match about $123,717 at 4% or $82,478 at 6%; with 100% employer match about $92,788 at 4% or $61,859 at 6%. |
| 2022 | 1 | 35 | $8,730,121 | $248,562 | $7,102iApproximate average salary by contribution assumption: employee only about $177,544 at 4% or $118,363 at 6%; with 50% employer match about $118,363 at 4% or $78,909 at 6%; with 100% employer match about $88,772 at 4% or $59,181 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 35 | $8,730,121 | $248,562 | $7,102iApproximate average salary by contribution assumption: employee only about $177,544 at 4% or $118,363 at 6%; with 50% employer match about $118,363 at 4% or $78,909 at 6%; with 100% employer match about $88,772 at 4% or $59,181 at 6%. |
| 2021 | 1 | 38 | $10,502,259 | $241,263 | $6,349iApproximate average salary by contribution assumption: employee only about $158,726 at 4% or $105,817 at 6%; with 50% employer match about $105,817 at 4% or $70,545 at 6%; with 100% employer match about $79,363 at 4% or $52,909 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 38 | $10,502,259 | $241,263 | $6,349iApproximate average salary by contribution assumption: employee only about $158,726 at 4% or $105,817 at 6%; with 50% employer match about $105,817 at 4% or $70,545 at 6%; with 100% employer match about $79,363 at 4% or $52,909 at 6%. |
| 2020 | 1 | 37 | $9,049,425 | $228,889 | $6,186iApproximate average salary by contribution assumption: employee only about $154,655 at 4% or $103,103 at 6%; with 50% employer match about $103,103 at 4% or $68,735 at 6%; with 100% employer match about $77,327 at 4% or $51,552 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 37 | $9,049,425 | $228,889 | $6,186iApproximate average salary by contribution assumption: employee only about $154,655 at 4% or $103,103 at 6%; with 50% employer match about $103,103 at 4% or $68,735 at 6%; with 100% employer match about $77,327 at 4% or $51,552 at 6%. |
| 2019 | 1 | 34 | $7,307,198 | $202,334 | $5,951iApproximate average salary by contribution assumption: employee only about $148,775 at 4% or $99,183 at 6%; with 50% employer match about $99,183 at 4% or $66,122 at 6%; with 100% employer match about $74,388 at 4% or $49,592 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 34 | $7,307,198 | $202,334 | $5,951iApproximate average salary by contribution assumption: employee only about $148,775 at 4% or $99,183 at 6%; with 50% employer match about $99,183 at 4% or $66,122 at 6%; with 100% employer match about $74,388 at 4% or $49,592 at 6%. |
| 2018 | 1 | 33 | $5,916,259 | $217,317 | $6,585iApproximate average salary by contribution assumption: employee only about $164,634 at 4% or $109,756 at 6%; with 50% employer match about $109,756 at 4% or $73,171 at 6%; with 100% employer match about $82,317 at 4% or $54,878 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 33 | $5,916,259 | $217,317 | $6,585iApproximate average salary by contribution assumption: employee only about $164,634 at 4% or $109,756 at 6%; with 50% employer match about $109,756 at 4% or $73,171 at 6%; with 100% employer match about $82,317 at 4% or $54,878 at 6%. |
| 2017 | 1 | 34 | $7,401,363 | $228,293 | $6,715iApproximate average salary by contribution assumption: employee only about $167,863 at 4% or $111,908 at 6%; with 50% employer match about $111,908 at 4% or $74,606 at 6%; with 100% employer match about $83,931 at 4% or $55,954 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 34 | $7,401,363 | $228,293 | $6,715iApproximate average salary by contribution assumption: employee only about $167,863 at 4% or $111,908 at 6%; with 50% employer match about $111,908 at 4% or $74,606 at 6%; with 100% employer match about $83,931 at 4% or $55,954 at 6%. |
| 2016 | 1 | 33 | $6,235,922 | $221,865 | $6,723iApproximate average salary by contribution assumption: employee only about $168,080 at 4% or $112,053 at 6%; with 50% employer match about $112,053 at 4% or $74,702 at 6%; with 100% employer match about $84,040 at 4% or $56,027 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 33 | $6,235,922 | $221,865 | $6,723iApproximate average salary by contribution assumption: employee only about $168,080 at 4% or $112,053 at 6%; with 50% employer match about $112,053 at 4% or $74,702 at 6%; with 100% employer match about $84,040 at 4% or $56,027 at 6%. |
| 2015 | 1 | 32 | $5,789,436 | $192,421 | $6,013iApproximate average salary by contribution assumption: employee only about $150,329 at 4% or $100,219 at 6%; with 50% employer match about $100,219 at 4% or $66,813 at 6%; with 100% employer match about $75,164 at 4% or $50,110 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 32 | $5,789,436 | $192,421 | $6,013iApproximate average salary by contribution assumption: employee only about $150,329 at 4% or $100,219 at 6%; with 50% employer match about $100,219 at 4% or $66,813 at 6%; with 100% employer match about $75,164 at 4% or $50,110 at 6%. |
| 2014 | 1 | 30 | $6,235,758 | $191,484 | $6,383iApproximate average salary by contribution assumption: employee only about $159,570 at 4% or $106,380 at 6%; with 50% employer match about $106,380 at 4% or $70,920 at 6%; with 100% employer match about $79,785 at 4% or $53,190 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 30 | $6,235,758 | $191,484 | $6,383iApproximate average salary by contribution assumption: employee only about $159,570 at 4% or $106,380 at 6%; with 50% employer match about $106,380 at 4% or $70,920 at 6%; with 100% employer match about $79,785 at 4% or $53,190 at 6%. |
| 2013 | 1 | 28 | $5,836,450 | $166,220 | $5,936iApproximate average salary by contribution assumption: employee only about $148,411 at 4% or $98,940 at 6%; with 50% employer match about $98,940 at 4% or $65,960 at 6%; with 100% employer match about $74,205 at 4% or $49,470 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 28 | $5,836,450 | $166,220 | $5,936iApproximate average salary by contribution assumption: employee only about $148,411 at 4% or $98,940 at 6%; with 50% employer match about $98,940 at 4% or $65,960 at 6%; with 100% employer match about $74,205 at 4% or $49,470 at 6%. |
| 2012 | 1 | 28 | $4,582,342 | $169,865 | $6,067iApproximate average salary by contribution assumption: employee only about $151,665 at 4% or $101,110 at 6%; with 50% employer match about $101,110 at 4% or $67,407 at 6%; with 100% employer match about $75,833 at 4% or $50,555 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 28 | $4,582,342 | $169,865 | $6,067iApproximate average salary by contribution assumption: employee only about $151,665 at 4% or $101,110 at 6%; with 50% employer match about $101,110 at 4% or $67,407 at 6%; with 100% employer match about $75,833 at 4% or $50,555 at 6%. |
| 2011 | 1 | 28 | $4,210,749 | $148,890 | $5,318iApproximate average salary by contribution assumption: employee only about $132,938 at 4% or $88,625 at 6%; with 50% employer match about $88,625 at 4% or $59,083 at 6%; with 100% employer match about $66,469 at 4% or $44,313 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 28 | $4,210,749 | $148,890 | $5,318iApproximate average salary by contribution assumption: employee only about $132,938 at 4% or $88,625 at 6%; with 50% employer match about $88,625 at 4% or $59,083 at 6%; with 100% employer match about $66,469 at 4% or $44,313 at 6%. |
| 2010 | 1 | 32 | $4,467,745 | $149,272 | $4,665iApproximate average salary by contribution assumption: employee only about $116,619 at 4% or $77,746 at 6%; with 50% employer match about $77,746 at 4% or $51,831 at 6%; with 100% employer match about $58,309 at 4% or $38,873 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 32 | $4,467,745 | $149,272 | $4,665iApproximate average salary by contribution assumption: employee only about $116,619 at 4% or $77,746 at 6%; with 50% employer match about $77,746 at 4% or $51,831 at 6%; with 100% employer match about $58,309 at 4% or $38,873 at 6%. |
| 2009 | 1 | 31 | $4,221,682 | $162,574 | $5,244iApproximate average salary by contribution assumption: employee only about $131,108 at 4% or $87,405 at 6%; with 50% employer match about $87,405 at 4% or $58,270 at 6%; with 100% employer match about $65,554 at 4% or $43,703 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 31 | $4,221,682 | $162,574 | $5,244iApproximate average salary by contribution assumption: employee only about $131,108 at 4% or $87,405 at 6%; with 50% employer match about $87,405 at 4% or $58,270 at 6%; with 100% employer match about $65,554 at 4% or $43,703 at 6%. |
| 2008 | 1 | 33 | $4,428,490 | $177,164 | $5,369iApproximate average salary by contribution assumption: employee only about $134,215 at 4% or $89,477 at 6%; with 50% employer match about $89,477 at 4% or $59,651 at 6%; with 100% employer match about $67,108 at 4% or $44,738 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 33 | $4,428,490 | $177,164 | $5,369iApproximate average salary by contribution assumption: employee only about $134,215 at 4% or $89,477 at 6%; with 50% employer match about $89,477 at 4% or $59,651 at 6%; with 100% employer match about $67,108 at 4% or $44,738 at 6%. |
| 2007 | 1 | 30 | $7,201,333 | $168,644 | $5,621iApproximate average salary by contribution assumption: employee only about $140,537 at 4% or $93,691 at 6%; with 50% employer match about $93,691 at 4% or $62,461 at 6%; with 100% employer match about $70,268 at 4% or $46,846 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | Current | 30 | $7,201,333 | $168,644 | $5,621iApproximate average salary by contribution assumption: employee only about $140,537 at 4% or $93,691 at 6%; with 50% employer match about $93,691 at 4% or $62,461 at 6%; with 100% employer match about $70,268 at 4% or $46,846 at 6%. |
| 2006 | 1 | 30 | $6,536,605 | $152,150 | $5,072iApproximate average salary by contribution assumption: employee only about $126,792 at 4% or $84,528 at 6%; with 50% employer match about $84,528 at 4% or $56,352 at 6%; with 100% employer match about $63,396 at 4% or $42,264 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 30 | $6,536,605 | $152,150 | $5,072iApproximate average salary by contribution assumption: employee only about $126,792 at 4% or $84,528 at 6%; with 50% employer match about $84,528 at 4% or $56,352 at 6%; with 100% employer match about $63,396 at 4% or $42,264 at 6%. |
| 2005 | 1 | 34 | $5,807,665 | $154,011 | $4,530iApproximate average salary by contribution assumption: employee only about $113,243 at 4% or $75,496 at 6%; with 50% employer match about $75,496 at 4% or $50,330 at 6%; with 100% employer match about $56,622 at 4% or $37,748 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 34 | $5,807,665 | $154,011 | $4,530iApproximate average salary by contribution assumption: employee only about $113,243 at 4% or $75,496 at 6%; with 50% employer match about $75,496 at 4% or $50,330 at 6%; with 100% employer match about $56,622 at 4% or $37,748 at 6%. |
| 2004 | 1 | 36 | $5,527,715 | $157,224 | $4,367iApproximate average salary by contribution assumption: employee only about $109,183 at 4% or $72,789 at 6%; with 50% employer match about $72,789 at 4% or $48,526 at 6%; with 100% employer match about $54,592 at 4% or $36,394 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 36 | $5,527,715 | $157,224 | $4,367iApproximate average salary by contribution assumption: employee only about $109,183 at 4% or $72,789 at 6%; with 50% employer match about $72,789 at 4% or $48,526 at 6%; with 100% employer match about $54,592 at 4% or $36,394 at 6%. |
| 2003 | 1 | 45 | $4,959,446 | $191,702 | $4,260iApproximate average salary by contribution assumption: employee only about $106,501 at 4% or $71,001 at 6%; with 50% employer match about $71,001 at 4% or $47,334 at 6%; with 100% employer match about $53,251 at 4% or $35,500 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 45 | $4,959,446 | $191,702 | $4,260iApproximate average salary by contribution assumption: employee only about $106,501 at 4% or $71,001 at 6%; with 50% employer match about $71,001 at 4% or $47,334 at 6%; with 100% employer match about $53,251 at 4% or $35,500 at 6%. |
| 2002 | 1 | 48 | $3,737,389 | $198,875 | $4,143iApproximate average salary by contribution assumption: employee only about $103,581 at 4% or $69,054 at 6%; with 50% employer match about $69,054 at 4% or $46,036 at 6%; with 100% employer match about $51,790 at 4% or $34,527 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 48 | $3,737,389 | $198,875 | $4,143iApproximate average salary by contribution assumption: employee only about $103,581 at 4% or $69,054 at 6%; with 50% employer match about $69,054 at 4% or $46,036 at 6%; with 100% employer match about $51,790 at 4% or $34,527 at 6%. |
| 2001 | 1 | 48 | $0 | $0 | - |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 48 | - | - | - |
| 2000 | 1 | 48 | $4,860,864 | $206,755 | $4,307iApproximate average salary by contribution assumption: employee only about $107,685 at 4% or $71,790 at 6%; with 50% employer match about $71,790 at 4% or $47,860 at 6%; with 100% employer match about $53,842 at 4% or $35,895 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 48 | $4,860,864 | $206,755 | $4,307iApproximate average salary by contribution assumption: employee only about $107,685 at 4% or $71,790 at 6%; with 50% employer match about $71,790 at 4% or $47,860 at 6%; with 100% employer match about $53,842 at 4% or $35,895 at 6%. |
| 1999 | 1 | 52 | $4,965,133 | $190,263 | $3,659iApproximate average salary by contribution assumption: employee only about $91,473 at 4% or $60,982 at 6%; with 50% employer match about $60,982 at 4% or $40,654 at 6%; with 100% employer match about $45,736 at 4% or $30,491 at 6%. |
| Kell - Strom Tool Co. Inc. Employees Profit Sharing Plan | - | 52 | $4,965,133 | $190,263 | $3,659iApproximate average salary by contribution assumption: employee only about $91,473 at 4% or $60,982 at 6%; with 50% employer match about $60,982 at 4% or $40,654 at 6%; with 100% employer match about $45,736 at 4% or $30,491 at 6%. |
Schedule Details
Schedule I
Schedule I Financial Statement
Small plan result
Balance sheet and activity values reported by the filer for this small-plan annual return.
End-of-year assets$7,201,333$664,728 change
Balance Sheet
Beginning and end of plan year.
Total assets$6,536,605$7,201,333Increase +$664,728 (10.17%)
Total liabilities$0$0No change $0
Net assets$6,536,605$7,201,333Increase +$664,728 (10.17%)
Contributions
Employer contributions$31,670
Participant contributions$136,974
Other contributions$0
Income & Expenses
Total income$932,295
Total expenses$267,567
Net income$664,728
Source fields
- Schedule I source fields
- Filing Id
- 84037228347318
- Schedule I EIN
- 06-0412637
- Schedule I Plan Num
- 001
- Schedule I Plan Year Begin Date
- 2007-01-01
- Schedule I Tax Period
- 20071231
- Small plan total assets at beginning of year
- $6,536,605
- Small plan total liabilities at beginning of year
- $0
- Small plan net assets at beginning of year
- $6,536,605
- Small plan total assets at end of year
- $7,201,333
- Small plan total liabilities at end of year
- $0
- Small plan net assets at end of year
- $7,201,333
- Small plan employer contributions
- $31,670
- Small plan participant contributions
- $136,974
- Small Oth Contribution Rcvd Amount
- $0
- Small Non Cash Contribution Bs Amount
- $0
- Small Other Income Amount
- $763,651
- Small plan total income
- $932,295
- Small plan total benefit distributions
- $267,567
- Small Corrective Distribution Amount
- $0
- Small Dm Dstrb Ptcp Ln A
- 0
- Small Oth Expenses Amount
- $0
- Small plan total expenses
- $267,567
- Small plan net income or loss
- $664,728
- Small Total Plan Transfers Amount
- $0
- Small Joint Venture End of year Indicator
- No
- Small Joint Venture End of year Amount
- $0
- Small Employer Prop End of year Indicator
- No
- Small Employer Prop End of year Amount
- $0
- Small Investment Real Est End of year I
- 2
- Small Investment Real Est End of year A
- 0
- Small Employer Sec End of year Indicator
- No
- Small Employer Sec End of year Amount
- $0
- Small Mortg Participants End of year Indicator
- Yes
- Small Mortg Participants End of year Amount
- $155,264
- Small Oth Lns Participants End of year Indicator
- No
- Small Oth Lns Participants End of year Amount
- $0
- Small Personal Prop End of year Indicator
- No
- Small Personal Prop End of year Amount
- $0
- Small Fail Xmt Ctb I
- 2
- Small Fail Xmt Ctb A
- 0
- Small plan participant loans in default
- No
- Small Loans In Default Amount
- $0
- Small plan leases in default
- No
- Small Leases In Default Amount
- $0
- Small Pt In Interest Not Reported I
- 2
- Small Pt In Interest Not Reported A
- 0
- Small plan fidelity bond in place
- Yes
- Small plan fidelity bond amount
- $500,000
- Small plan loss discovered during year
- No
- Small Loss Discovered Dur Year Amount
- $0
- Small plan assets with undetermined value
- No
- Small Asset Undeterm Valuation Amount
- $0
- Small plan non-cash contributions reported
- No
- Small Non Cash Contribution Amount
- $0
- Small 20 Percent Sngl Investment Indicator
- No
- Small 20 Percent Sngl Investment Amount
- $0
- Small plan all plan assets distributed
- No
- Waiver Annual Iqpa Report
- 1
- Small plan resolution to terminate plan adopted
- No
- Small Res Terminate Plan Adpt Amount
- $0
Schedule R
Schedule R Pension Information
Retirement plan characteristics
Testing, payor, opinion-letter, and transfer information reported with the filing.
Pension & Payor
Payor EIN06-0412637
Transfers
Distributed property value$0
Schedule R source fields
- Payor 06-0412637
- Filing Id
- 84037228347318
- Schedule R EIN
- 06-0412637
- Schedule R Plan number
- 001
- Schedule R Plan Year Begin Date
- 2007-01-01
- Schedule R Tax Period
- 20071231
- Pension Value Dstrb Pd Property Amount
- $0
- Pension payor EIN
- 06-0412637
- Pension Bnft Distribution Sngl Sum Count
- 0
- Pension Employer Contribution Rqr Amount
- $0
- Pension Employer Contribution Paid Amount
- $0
- Pension Funding Deficiency Amount
- $0
- Pension Satisfy Cover Basis Code
- 1