THE MAINE TECHNOLOGY INSTITUTE has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE MAINE TECHNOLOGY INSTITUTE 401(K) PLAN
| Measure | Date | Value |
|---|
| 2025 : THE MAINE TECHNOLOGY INSTITUTE 401(K) PLAN 2025 401k financial data |
|---|
| Total liabilities as of the end of the plan year | 2025-05-15 | 0 |
| Total expenses incurred by plan in this plan year | 2025-05-15 | 228299 |
| Net assets as of the end of the plan year | 2025-05-15 | 908351 |
| Total assets as of the beginning of the plan year | 2025-05-15 | 908507 |
| Value of plan covered by a fidelity bond | 2025-05-15 | 1000000 |
| Participant contributions to plan in this plan year | 2025-05-15 | 70245 |
| Value of participant loans at end of plan year | 2025-05-15 | 17302 |
| Other expenses paid from plan in this plan year | 2025-05-15 | 0 |
| Other contributions to plan in this plan year | 2025-05-15 | 0 |
| Other income to plan in this plan year | 2025-05-15 | 114055 |
| Plan net income in this plan year | 2025-05-15 | -156 |
| Net assets as of the end of the plan year | 2025-05-15 | 908351 |
| Net assets as of the beginning of the plan year | 2025-05-15 | 908507 |
| Value of contributions failed to transmitted timely | 2025-05-15 | 23554 |
| Employer contributions to plan in this plan year | 2025-05-15 | 43843 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-05-15 | 290 |
| 2024 : THE MAINE TECHNOLOGY INSTITUTE 401(K) PLAN 2024 401k financial data |
|---|
| Total liabilities as of the beginning of the plan year | 2024-06-17 | 0 |
| Total expenses incurred by plan in this plan year | 2024-06-17 | 11353 |
| Net assets as of the end of the plan year | 2024-06-17 | 908507 |
| Total assets as of the beginning of the plan year | 2024-06-17 | 683298 |
| Value of plan covered by a fidelity bond | 2024-06-17 | 1000000 |
| Participant contributions to plan in this plan year | 2024-06-17 | 77589 |
| Value of participant loans at end of plan year | 2024-06-17 | 24055 |
| Other expenses paid from plan in this plan year | 2024-06-17 | 0 |
| Other contributions to plan in this plan year | 2024-06-17 | 0 |
| Other income to plan in this plan year | 2024-06-17 | 114242 |
| Plan net income in this plan year | 2024-06-17 | 225209 |
| Net assets as of the end of the plan year | 2024-06-17 | 908507 |
| Net assets as of the beginning of the plan year | 2024-06-17 | 683298 |
| Employer contributions to plan in this plan year | 2024-06-17 | 44731 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-06-17 | 75 |
| 2022 : THE MAINE TECHNOLOGY INSTITUTE 401(K) PLAN 2022 401k financial data |
|---|
| Total liabilities as of the beginning of the plan year | 2022-07-06 | 0 |
| Total expenses incurred by plan in this plan year | 2022-07-06 | 100 |
| Net assets as of the end of the plan year | 2022-07-06 | 733113 |
| Total assets as of the beginning of the plan year | 2022-07-06 | 575886 |
| Value of plan covered by a fidelity bond | 2022-07-06 | 1000000 |
| Participant contributions to plan in this plan year | 2022-07-06 | 39563 |
| Value of participant loans at end of plan year | 2022-07-06 | 2763 |
| Other income to plan in this plan year | 2022-07-06 | 82305 |
| Plan net income in this plan year | 2022-07-06 | 157227 |
| Net assets as of the end of the plan year | 2022-07-06 | 733113 |
| Net assets as of the beginning of the plan year | 2022-07-06 | 575886 |
| Employer contributions to plan in this plan year | 2022-07-06 | 35459 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-07-06 | 100 |
| 2012 : THE MAINE TECHNOLOGY INSTITUTE 401(K) PLAN 2012 401k financial data |
|---|
| Total income from all sources | 2012-12-31 | $96,057 |
| Expenses. Total of all expenses incurred | 2012-12-31 | $12,030 |
| Benefits paid (including direct rollovers) | 2012-12-31 | $11,780 |
| Total plan assets at end of year | 2012-12-31 | $84,027 |
| Total plan assets at beginning of year | 2012-12-31 | $0 |
| Total contributions received or receivable from participants | 2012-12-31 | $18,440 |
| Contributions received from other sources (not participants or employers) | 2012-12-31 | $48,697 |
| Other income received | 2012-12-31 | $4,244 |
| Net income (gross income less expenses) | 2012-12-31 | $84,027 |
| Net plan assets at end of year (total assets less liabilities) | 2012-12-31 | $84,027 |
| Net plan assets at beginning of year (total assets less liabilities) | 2012-12-31 | $0 |
| Assets. Value of participant loans | 2012-12-31 | $5,310 |
| Total contributions received or receivable from employer(s) | 2012-12-31 | $24,676 |
| Value of certain deemed distributions of participant loans | 2012-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2012-12-31 | $250 |
