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403(B) THRIFT PLAN OF MRC INDUSTRIES, INC. 401k Plan overview

Plan Name403(B) THRIFT PLAN OF MRC INDUSTRIES, INC.
Plan identification number 001

403(B) THRIFT PLAN OF MRC INDUSTRIES, INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • Code section 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • 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

MRC INDUSTRIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:MRC INDUSTRIES, INC.
Employer identification number (EIN):381911437
NAIC Classification:624200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 403(B) THRIFT PLAN OF MRC INDUSTRIES, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01SETH ESSLING2024-07-26
0012022-01-01KELLY FITZGERALD2023-09-12
0012021-01-01CONNIE PEASE2022-07-19
0012020-01-01D'ASIA INGRAM2021-05-25
0012019-01-01D'ASIA INGRAM2020-06-23
0012018-01-01BREANNA KROEG2019-05-08
0012017-01-01BREANNA KROEG2018-06-06
0012016-01-01DEBORAH BARTLEY2017-04-04
0012015-01-01DEBORAH BARTLEY2016-05-10
0012013-01-01KIM JACKSON2014-07-16
0012012-01-01BONNIE SEXTON2013-09-10
0012011-01-01BONNIE SEXTON2012-07-10
0012010-01-01DEBORAH L. OLENEACK2011-06-15

Plan Statistics for 403(B) THRIFT PLAN OF MRC INDUSTRIES, INC.

401k plan membership statisitcs for 403(B) THRIFT PLAN OF MRC INDUSTRIES, INC.

Measure Date Value
2025: 403(B) THRIFT PLAN OF MRC INDUSTRIES, INC. 2025 401k membership
Total number of particpants at beginning of year2025-06-2381
Total number of particpants at end of year2025-06-2386
Number of Participants With Account Balances2025-06-2359
2024: 403(B) THRIFT PLAN OF MRC INDUSTRIES, INC. 2024 401k membership
Total number of particpants at beginning of year2024-07-2654
Total number of particpants at end of year2024-07-2681
Number of Participants With Account Balances2024-07-2655

Financial Data on 403(B) THRIFT PLAN OF MRC INDUSTRIES, INC.

Measure Date Value
2025 : 403(B) THRIFT PLAN OF MRC INDUSTRIES, INC. 2025 401k financial data
Total transfers to/from plan in this plan year2025-06-230
Total liabilities as of the end of the plan year2025-06-230
Total liabilities as of the beginning of the plan year2025-06-230
Total expenses incurred by plan in this plan year2025-06-2377352
Net assets as of the end of the plan year2025-06-23853615
Total assets as of the beginning of the plan year2025-06-23711666
Value of plan covered by a fidelity bond2025-06-2310000
Participant contributions to plan in this plan year2025-06-2375790
Value of participant loans at end of plan year2025-06-234068
Other expenses paid from plan in this plan year2025-06-230
Other contributions to plan in this plan year2025-06-2336083
Other income to plan in this plan year2025-06-2389132
Plan net income in this plan year2025-06-23141949
Net assets as of the end of the plan year2025-06-23853615
Net assets as of the beginning of the plan year2025-06-23711666
Employer contributions to plan in this plan year2025-06-2318296
Fees paid to broker by Benefit Provider2025-06-2343
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-23235
2024 : 403(B) THRIFT PLAN OF MRC INDUSTRIES, INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-260
Total liabilities as of the end of the plan year2024-07-260
Total liabilities as of the beginning of the plan year2024-07-260
Total expenses incurred by plan in this plan year2024-07-26145464
Net assets as of the end of the plan year2024-07-26711666
Total assets as of the beginning of the plan year2024-07-26681163
Value of plan covered by a fidelity bond2024-07-2610000
Participant contributions to plan in this plan year2024-07-2668595
Value of participant loans at end of plan year2024-07-262835
Other expenses paid from plan in this plan year2024-07-260
Other contributions to plan in this plan year2024-07-260
Other income to plan in this plan year2024-07-2689170
Plan net income in this plan year2024-07-2630503
Net assets as of the end of the plan year2024-07-26711666
Net assets as of the beginning of the plan year2024-07-26681163
Employer contributions to plan in this plan year2024-07-2618202
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-26101

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