Logo

MATERIALS PROCESSING, INC. EMPLOYEES' PROFIT SHARING PLAN 401k Plan overview

Plan NameMATERIALS PROCESSING, INC. EMPLOYEES' PROFIT SHARING PLAN
Plan identification number 001

MATERIALS PROCESSING, INC. EMPLOYEES' PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

MATERIALS PROCESSING, INC. has sponsored the creation of one or more 401k plans.

Company Name:MATERIALS PROCESSING, INC.
Employer identification number (EIN):382364123
NAIC Classification:493100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MATERIALS PROCESSING, INC. EMPLOYEES' PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01PATRICIA MAUREEN TANNER2022-06-28 PATRICIA MAUREEN TANNER2022-06-28
0012020-01-01PATRICIA MAUREEN TANNER2021-06-10 PATRICIA MAUREEN TANNER2021-06-10
0012019-01-01PATRICIA MAUREEN TANNER2020-09-02 PATRICIA MAUREEN TANNER2020-09-02
0012018-01-01PATRICIA MAUREEN TANNER2019-07-16 PATRICIA MAUREEN TANNER2019-07-16
0012017-01-01PATRICIA MAUREEN TANNER2018-10-09 PATRICIA MAUREEN TANNER2018-10-09
0012016-01-01PATRICIA MAUREEN TANNER2017-04-21
0012015-01-01PATRICIA MAUREEN TANNER2016-05-27
0012013-01-01PATRICIA MAUREEN TANNER2014-07-28
0012012-01-01PATRICIA MAUREEN TANNER2013-05-30
0012011-01-01PATRICIA MAUREEN TANNER2012-06-04 PATRICIA MAUREEN TANNER2012-06-04
0012010-01-01EMMETT L WINDISCH III2011-06-28 PATRICIA MAUREEN TANNER2011-06-28

Plan Statistics for MATERIALS PROCESSING, INC. EMPLOYEES' PROFIT SHARING PLAN

401k plan membership statisitcs for MATERIALS PROCESSING, INC. EMPLOYEES' PROFIT SHARING PLAN

Measure Date Value
2025: MATERIALS PROCESSING, INC. EMPLOYEES' PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-08-0749
Total number of particpants at end of year2025-08-0738
Number of Participants With Account Balances2025-08-0736
2024: MATERIALS PROCESSING, INC. EMPLOYEES' PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-1743
Total number of particpants at end of year2024-09-1748
Number of Participants With Account Balances2024-09-1744
2022: MATERIALS PROCESSING, INC. EMPLOYEES' PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-06-2877
Total number of particpants at end of year2022-06-2852
Number of Participants With Account Balances2022-06-2841

Financial Data on MATERIALS PROCESSING, INC. EMPLOYEES' PROFIT SHARING PLAN

Measure Date Value
2025 : MATERIALS PROCESSING, INC. EMPLOYEES' PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-08-07415469
Net assets as of the end of the plan year2025-08-073333114
Total assets as of the beginning of the plan year2025-08-073320792
Value of plan covered by a fidelity bond2025-08-071000000
Participant contributions to plan in this plan year2025-08-07109734
Value of participant loans at end of plan year2025-08-0764703
Other expenses paid from plan in this plan year2025-08-0725400
Other income to plan in this plan year2025-08-07318057
Plan net income in this plan year2025-08-0712322
Net assets as of the end of the plan year2025-08-073333114
Net assets as of the beginning of the plan year2025-08-073320792
Employer contributions to plan in this plan year2025-08-070
Fees paid to broker by Benefit Provider2025-08-07307
2024 : MATERIALS PROCESSING, INC. EMPLOYEES' PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-17288401
Net assets as of the end of the plan year2024-09-173320792
Total assets as of the beginning of the plan year2024-09-172983470
Value of plan covered by a fidelity bond2024-09-17500000
Participant contributions to plan in this plan year2024-09-17113801
Value of participant loans at end of plan year2024-09-1778160
Other expenses paid from plan in this plan year2024-09-1724393
Other income to plan in this plan year2024-09-17511922
Plan net income in this plan year2024-09-17337322
Net assets as of the end of the plan year2024-09-173320792
Net assets as of the beginning of the plan year2024-09-172983470
Fees paid to broker by Benefit Provider2024-09-17279
2022 : MATERIALS PROCESSING, INC. EMPLOYEES' PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-06-2886421
Net assets as of the end of the plan year2022-06-283526671
Total assets as of the beginning of the plan year2022-06-283046291
Value of plan covered by a fidelity bond2022-06-281000000
Participant contributions to plan in this plan year2022-06-28109775
Value of participant loans at end of plan year2022-06-2840818
Other income to plan in this plan year2022-06-28457026
Plan net income in this plan year2022-06-28480380
Net assets as of the end of the plan year2022-06-283526671
Net assets as of the beginning of the plan year2022-06-283046291
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-2826549

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
US 401k Lookup     VAT Lookup