| Plan Name | PROFIT SHARING PLAN OF MARVIN KNITTING MILLS INC. |
| Plan identification number | 001 |
| 401k Plan Type | Defined Contribution Pension |
| Plan Features/Benefits |
|
| Company Name: | MARVIN KNITTING MILLS INC. |
| Employer identification number (EIN): | 131916127 |
| NAIC Classification: | 424300 |
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|---|---|---|---|---|
| 001 | 2016-01-01 | LARRY LEFOLDT |
| Measure | Date | Value |
|---|---|---|
| 2016 : PROFIT SHARING PLAN OF MARVIN KNITTING MILLS INC. 2016 401k financial data | ||
| Total income from all sources | 2016-12-31 | $106,000 |
| Expenses. Total of all expenses incurred | 2016-12-31 | $1,007,845 |
| Benefits paid (including direct rollovers) | 2016-12-31 | $99,000 |
| Total plan assets at end of year | 2016-12-31 | $0 |
| Total plan assets at beginning of year | 2016-12-31 | $901,845 |
| Value of fidelity bond covering the plan | 2016-12-31 | $10,000 |
| Expenses. Other expenses not covered elsewhere | 2016-12-31 | $901,845 |
| Net income (gross income less expenses) | 2016-12-31 | $-901,845 |
| Net plan assets at end of year (total assets less liabilities) | 2016-12-31 | $0 |
| Net plan assets at beginning of year (total assets less liabilities) | 2016-12-31 | $901,845 |
| Total contributions received or receivable from employer(s) | 2016-12-31 | $106,000 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2016-12-31 | $7,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| 2016: PROFIT SHARING PLAN OF MARVIN KNITTING MILLS INC. 2016 form 5500 responses | ||
|---|---|---|
| 2016-01-01 | Type of plan entity | Single employer plan |
| 2016-01-01 | This submission is the final filing | Yes |
| 2016-01-01 | Plan funding arrangement – Trust | Yes |
| 2016-01-01 | Plan benefit arrangement - Trust | Yes |