401k Plan data: MOTOR CITY FASTENER, INC. DEFINED BENEFIT PENSION PLAN plan

MOTOR CITY FASTENER, INC. DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan Name	MOTOR CITY FASTENER, INC. DEFINED BENEFIT PENSION PLAN
Plan identification number	003

MOTOR CITY FASTENER, INC. DEFINED BENEFIT PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
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.
Life insurance

401k Sponsoring company profile

MOTOR CITY FASTENER, INC. has sponsored the creation of one or more 401k plans.

Company Name: MOTOR CITY FASTENER, INC.

Employer identification number (EIN): 381859952

NAIC Classification: 423100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MOTOR CITY FASTENER, INC. DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2018-01-01
003 2017-01-01
003 2016-01-01
003 2015-01-01 ROBERT PUSKAS 2016-10-10
003 2014-01-01 ROBERT PUSKAS 2015-10-12
003 2013-01-01 ROBERT PUSKAS 2014-09-30
003 2012-01-01 ROBERT PUSKAS 2013-10-04
003 2011-01-01 ROBERT PUSKAS
003 2010-01-01 ROBERT PUSKAS 2011-10-11

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
003	2018-01-01
003	2017-01-01
003	2016-01-01
003	2015-01-01	ROBERT PUSKAS	2016-10-10
003	2014-01-01	ROBERT PUSKAS	2015-10-12
003	2013-01-01	ROBERT PUSKAS	2014-09-30
003	2012-01-01	ROBERT PUSKAS	2013-10-04
003	2011-01-01	ROBERT PUSKAS
003	2010-01-01	ROBERT PUSKAS	2011-10-11

Plan Statistics for MOTOR CITY FASTENER, INC. DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for MOTOR CITY FASTENER, INC. DEFINED BENEFIT PENSION PLAN

Measure Date Value
2016: MOTOR CITY FASTENER, INC. DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 2,541,140
Acturial value of plan assets 2016-12-31 2,541,140
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 14
Fundng target for terminated vested participants 2016-12-31 1,914,678
Active participant vested funding target 2016-12-31 0
Number of active participants 2016-12-31 0
Total funding liabilities for active participants 2016-12-31 0
Total participant count 2016-12-31 14
Total funding target for all participants 2016-12-31 1,914,678
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 550,354
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 550,354
Present value of excess contributions 2016-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 553,161
Total employer contributions 2016-12-31 0
Total employee contributions 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 0
Unpaid minimum required contributions for all prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0
2011: MOTOR CITY FASTENER, INC. DEFINED BENEFIT PENSION PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 20
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 14
Number of other retired or separated participants entitled to future benefits 2011-01-01 9
Total of all active and inactive participants 2011-01-01 23
Total participants 2011-01-01 23

Measure	Date	Value
2016: MOTOR CITY FASTENER, INC. DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	2,541,140
Acturial value of plan assets	2016-12-31	2,541,140
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	14
Fundng target for terminated vested participants	2016-12-31	1,914,678
Active participant vested funding target	2016-12-31	0
Number of active participants	2016-12-31	0
Total funding liabilities for active participants	2016-12-31	0
Total participant count	2016-12-31	14
Total funding target for all participants	2016-12-31	1,914,678
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	550,354
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	550,354
Present value of excess contributions	2016-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	553,161
Total employer contributions	2016-12-31	0
Total employee contributions	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	0
Unpaid minimum required contributions for all prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0
2011: MOTOR CITY FASTENER, INC. DEFINED BENEFIT PENSION PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	20
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	14
Number of other retired or separated participants entitled to future benefits	2011-01-01	9
Total of all active and inactive participants	2011-01-01	23
Total participants	2011-01-01	23

Financial Data on MOTOR CITY FASTENER, INC. DEFINED BENEFIT PENSION PLAN

Measure	Date	Value
2011 : MOTOR CITY FASTENER, INC. DEFINED BENEFIT PENSION PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$337,106
Total plan assets at end of year	2011-12-31	$1,155,651
Total plan assets at beginning of year	2011-12-31	$818,545
Value of fidelity bond covering the plan	2011-12-31	$500,000
Other income received	2011-12-31	$-15,894
Net income (gross income less expenses)	2011-12-31	$337,106
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,155,651
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$818,545
Total contributions received or receivable from employer(s)	2011-12-31	$353,000

Form 5500 Responses for MOTOR CITY FASTENER, INC. DEFINED BENEFIT PENSION PLAN

2011: MOTOR CITY FASTENER, INC. DEFINED BENEFIT PENSION PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

Policy instance

Number of Individuals Covered	23
Total amount of commissions paid to insurance broker	USD $2,083
Total amount of fees paid to insurance company	USD $187
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

PACIFIC LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 67466 )

Policy contract number

Policy instance

Number of Individuals Covered	17
Total amount of commissions paid to insurance broker	USD $1,767
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	MOTOR CITY FASTENER, INC.
Employer identification number (EIN):	381859952
NAIC Classification:	423100