401k Plan data: MINUTEMAN SECURITY TECHNOLOGIES RETIREMENT PLAN plan

MINUTEMAN SECURITY TECHNOLOGIES RETIREMENT PLAN 401k Plan overview

Plan Name	MINUTEMAN SECURITY TECHNOLOGIES RETIREMENT PLAN
Plan identification number	002

MINUTEMAN SECURITY TECHNOLOGIES RETIREMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Offset plan - Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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.
Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

MINUTEMAN SECURITY TECHNOLOGIES, INC has sponsored the creation of one or more 401k plans.

Company Name: MINUTEMAN SECURITY TECHNOLOGIES, INC

Employer identification number (EIN): 043025865

NAIC Classification: 561600

Additional information about MINUTEMAN SECURITY TECHNOLOGIES, INC

Jurisdiction of Incorporation: Commonwealth of Massachusetts Corporations Division

Incorporation Date:

Company Identification Number: 043025865

More information about MINUTEMAN SECURITY TECHNOLOGIES, INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MINUTEMAN SECURITY TECHNOLOGIES RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2021-01-01
002 2021-01-01
002 2020-01-01 CHRISTINE M BISSON 2021-05-24 CHRISTINE M BISSON 2021-05-24
002 2019-01-01 CHRISTINE M BISSON 2020-05-19 CHRISTINE M BISSON 2020-05-19
002 2018-01-01 CHRISTINE M BISSON 2019-07-11
002 2017-01-01 CHRISTINE BISSON 2018-06-26
002 2016-01-01 MINUTEMAN SECUITY TECHNOLOGIES,INC. 2017-08-31
002 2015-01-01 SANDRA LYNCH 2016-06-02 SANDRA LYNCH 2016-06-02
002 2014-01-01 MINUTEMAN SECURITY TECHNOLOGIES 2015-06-02 MINUTEMAN SECURITY TECHNOLOGIES 2015-06-02
002 2013-01-01 SANDRA LYNCH 2014-07-17 SANDRA LYNCH 2014-07-17
002 2012-11-01 SANDRA LYNCH 2013-09-13 SANDRA LYNCH 2013-09-13

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-01-01
002	2021-01-01
002	2021-01-01
002	2021-01-01
002	2020-01-01	CHRISTINE M BISSON	2021-05-24	CHRISTINE M BISSON	2021-05-24
002	2019-01-01	CHRISTINE M BISSON	2020-05-19	CHRISTINE M BISSON	2020-05-19
002	2018-01-01	CHRISTINE M BISSON	2019-07-11
002	2017-01-01	CHRISTINE BISSON	2018-06-26
002	2016-01-01	MINUTEMAN SECUITY TECHNOLOGIES,INC.	2017-08-31
002	2015-01-01	SANDRA LYNCH	2016-06-02	SANDRA LYNCH	2016-06-02
002	2014-01-01	MINUTEMAN SECURITY TECHNOLOGIES	2015-06-02	MINUTEMAN SECURITY TECHNOLOGIES	2015-06-02
002	2013-01-01	SANDRA LYNCH	2014-07-17	SANDRA LYNCH	2014-07-17
002	2012-11-01	SANDRA LYNCH	2013-09-13	SANDRA LYNCH	2013-09-13

Plan Statistics for MINUTEMAN SECURITY TECHNOLOGIES RETIREMENT PLAN

401k plan membership statisitcs for MINUTEMAN SECURITY TECHNOLOGIES RETIREMENT PLAN

Measure Date Value
2022: MINUTEMAN SECURITY TECHNOLOGIES RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 160
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 132
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 33
Total of all active and inactive participants 2022-01-01 165
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 165
Number of participants with account balances 2022-01-01 129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: MINUTEMAN SECURITY TECHNOLOGIES RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 140
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 127
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 33
Total of all active and inactive participants 2021-01-01 160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 160
Number of participants with account balances 2021-01-01 126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 8

Measure	Date	Value
2022: MINUTEMAN SECURITY TECHNOLOGIES RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	160
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	132
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	33
Total of all active and inactive participants	2022-01-01	165
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	165
Number of participants with account balances	2022-01-01	129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: MINUTEMAN SECURITY TECHNOLOGIES RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	140
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	127
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	33
Total of all active and inactive participants	2021-01-01	160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	160
Number of participants with account balances	2021-01-01	126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	8

Financial Data on MINUTEMAN SECURITY TECHNOLOGIES RETIREMENT PLAN

Measure	Date	Value
2022 : MINUTEMAN SECURITY TECHNOLOGIES RETIREMENT PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-197,456
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$1,810,238
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$1,806,497
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$1,369,251
Value of total assets at end of year	2022-12-31	$7,154,374
Value of total assets at beginning of year	2022-12-31	$9,162,068
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$3,741
Total interest from all sources	2022-12-31	$6,182
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$128,699
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$128,699
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$817,652
Participant contributions at end of year	2022-12-31	$109,215
Participant contributions at beginning of year	2022-12-31	$162,785
Participant contributions at end of year	2022-12-31	$21,836
Participant contributions at beginning of year	2022-12-31	$29,062
Assets. Other investments not covered elsewhere at end of year	2022-12-31	$197,115
Assets. Other investments not covered elsewhere at beginning of year	2022-12-31	$223,178
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$142,981
Other income not declared elsewhere	2022-12-31	$0
Administrative expenses (other) incurred	2022-12-31	$125
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-2,007,694
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$7,154,374
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$9,162,068
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$6,782,451
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$8,696,069
Interest on participant loans	2022-12-31	$5,732
Income. Interest from loans (other than to participants)	2022-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$31,178
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$36,383
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$36,383
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$450
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-1,701,588
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$408,618
Employer contributions (assets) at end of year	2022-12-31	$12,579
Employer contributions (assets) at beginning of year	2022-12-31	$14,591
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$1,806,497
Contract administrator fees	2022-12-31	$3,616
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	PLANTE & MORAN PLLC
Accountancy firm EIN	2022-12-31	381357951
2021 : MINUTEMAN SECURITY TECHNOLOGIES RETIREMENT PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total transfer of assets to this plan	2021-12-31	$3,439,914
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$2,178,602
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$590,479
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$582,786
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,205,619
Value of total assets at end of year	2021-12-31	$9,162,068
Value of total assets at beginning of year	2021-12-31	$4,134,031
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$7,693
Total interest from all sources	2021-12-31	$6,695
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$117,336
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$117,336
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$644,831
Participant contributions at end of year	2021-12-31	$162,785
Participant contributions at beginning of year	2021-12-31	$111,252
Participant contributions at end of year	2021-12-31	$29,062
Assets. Other investments not covered elsewhere at end of year	2021-12-31	$223,178
Assets. Other investments not covered elsewhere at beginning of year	2021-12-31	$221,678
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$228,146
Other income not declared elsewhere	2021-12-31	$1,498
Administrative expenses (other) incurred	2021-12-31	$125
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$1,588,123
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$9,162,068
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$4,134,031
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$8,696,069
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$3,788,919
Interest on participant loans	2021-12-31	$6,666
Income. Interest from loans (other than to participants)	2021-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$36,383
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$12,182
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$12,182
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$29
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$847,454
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$332,642
Employer contributions (assets) at end of year	2021-12-31	$14,591
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$582,786
Contract administrator fees	2021-12-31	$7,568
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2021-12-31	No
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	PLANTE & MORAN PLLC
Accountancy firm EIN	2021-12-31	381357951

Form 5500 Responses for MINUTEMAN SECURITY TECHNOLOGIES RETIREMENT PLAN

2022: MINUTEMAN SECURITY TECHNOLOGIES RETIREMENT PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: MINUTEMAN SECURITY TECHNOLOGIES RETIREMENT PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	MINUTEMAN SECURITY TECHNOLOGIES, INC
Employer identification number (EIN):	043025865
NAIC Classification:	561600

Jurisdiction of Incorporation:	Commonwealth of Massachusetts Corporations Division
Incorporation Date:
Company Identification Number:	043025865