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M & B MARINE LLC 401K PLAN 401k Plan overview

Plan NameM & B MARINE LLC 401K PLAN
Plan identification number 001

M & B MARINE LLC 401K 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.
  • 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.

401k Sponsoring company profile

M & B MARINE LLC has sponsored the creation of one or more 401k plans.

Company Name:M & B MARINE LLC
Employer identification number (EIN):202858659
NAIC Classification:336990

Form 5500 Filing Information

Submission information for form 5500 for 401k plan M & B MARINE LLC 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MARIA TABER2024-10-01

Financial Data on M & B MARINE LLC 401K PLAN

Measure Date Value
2025 : M & B MARINE LLC 401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-07290
Net assets as of the end of the plan year2025-07-0745459
Total assets as of the beginning of the plan year2025-07-0719022
Value of plan covered by a fidelity bond2025-07-072000
Participant contributions to plan in this plan year2025-07-0715180
Other income to plan in this plan year2025-07-073093
Plan net income in this plan year2025-07-0726437
Net assets as of the end of the plan year2025-07-0745459
Net assets as of the beginning of the plan year2025-07-0719022
Employer contributions to plan in this plan year2025-07-078454
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-07290
2024 : M & B MARINE LLC 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-0169
Net assets as of the end of the plan year2024-10-0119022
Value of plan covered by a fidelity bond2024-10-011000
Participant contributions to plan in this plan year2024-10-0111328
Other income to plan in this plan year2024-10-011460
Plan net income in this plan year2024-10-0119022
Net assets as of the end of the plan year2024-10-0119022
Net assets as of the beginning of the plan year2024-10-010
Employer contributions to plan in this plan year2024-10-016303
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-0169

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