?>
Logo

MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 401k Plan overview

Plan NameMAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN
Plan identification number 001

MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING 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.
  • 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.

401k Sponsoring company profile

MAGIC CITY SPRINKLER, INC. has sponsored the creation of one or more 401k plans.

Company Name:MAGIC CITY SPRINKLER, INC.
Employer identification number (EIN):540894199
NAIC Classification:238900

Additional information about MAGIC CITY SPRINKLER, INC.

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 1971-08-20
Company Identification Number: 0133653
Legal Registered Office Address: 1601 GRANBY ST NE
10 S JEFFERSON ST STE 1400
ROANOKE
United States of America (USA)
24012

More information about MAGIC CITY SPRINKLER, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-07-01
0012021-07-01
0012020-07-01
0012019-07-01
0012018-07-01
0012017-07-01MELANIE OBENCHAIN
0012016-07-01MELANIE OBENCHAIN2018-01-05
0012015-07-01MELANIE OBENCHAIN2017-01-11
0012014-07-01MELANIE OBENCHAIN2015-10-27
0012013-07-01MELANIE OBENCHAIN2014-10-16
0012012-07-01MELANIE OBENCHAIN2014-01-29
0012011-07-01MELANIE OBENCHAIN2012-10-31
0012010-07-01MELANIE OBENCHAIN2011-12-20

Plan Statistics for MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN

401k plan membership statisitcs for MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN

Measure Date Value
2022: MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 2022 401k membership
Total participants, beginning-of-year2022-07-0127
Total number of active participants reported on line 7a of the Form 55002022-07-0125
Number of retired or separated participants receiving benefits2022-07-010
Number of other retired or separated participants entitled to future benefits2022-07-013
Total of all active and inactive participants2022-07-0128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-07-010
Total participants2022-07-0128
Number of participants with account balances2022-07-0127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-07-012
2021: MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 2021 401k membership
Total participants, beginning-of-year2021-07-0126
Total number of active participants reported on line 7a of the Form 55002021-07-0123
Number of retired or separated participants receiving benefits2021-07-010
Number of other retired or separated participants entitled to future benefits2021-07-014
Total of all active and inactive participants2021-07-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-07-010
Total participants2021-07-0127
Number of participants with account balances2021-07-0127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-07-012
2020: MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 2020 401k membership
Total participants, beginning-of-year2020-07-0127
Total number of active participants reported on line 7a of the Form 55002020-07-0120
Number of retired or separated participants receiving benefits2020-07-010
Number of other retired or separated participants entitled to future benefits2020-07-016
Total of all active and inactive participants2020-07-0126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-07-010
Total participants2020-07-0126
Number of participants with account balances2020-07-0126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-07-010
2019: MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 2019 401k membership
Total participants, beginning-of-year2019-07-0134
Total number of active participants reported on line 7a of the Form 55002019-07-0120
Number of retired or separated participants receiving benefits2019-07-010
Number of other retired or separated participants entitled to future benefits2019-07-017
Total of all active and inactive participants2019-07-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-07-010
Total participants2019-07-0127
Number of participants with account balances2019-07-0126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-07-017
2018: MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 2018 401k membership
Total participants, beginning-of-year2018-07-0137
Total number of active participants reported on line 7a of the Form 55002018-07-0131
Number of retired or separated participants receiving benefits2018-07-010
Number of other retired or separated participants entitled to future benefits2018-07-012
Total of all active and inactive participants2018-07-0133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-07-011
Total participants2018-07-0134
Number of participants with account balances2018-07-0132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-07-012
2017: MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 2017 401k membership
Total participants, beginning-of-year2017-07-0139
Total number of active participants reported on line 7a of the Form 55002017-07-0129
Number of retired or separated participants receiving benefits2017-07-010
Number of other retired or separated participants entitled to future benefits2017-07-018
Total of all active and inactive participants2017-07-0137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-07-010
Total participants2017-07-0137
Number of participants with account balances2017-07-0136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-07-011

Financial Data on MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN

Measure Date Value
2023 : MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 2023 401k financial data
Transfers to/from the plan2023-06-30$0
Total plan liabilities at end of year2023-06-30$0
Total plan liabilities at beginning of year2023-06-30$0
Total income from all sources2023-06-30$409,832
Expenses. Total of all expenses incurred2023-06-30$152,695
Benefits paid (including direct rollovers)2023-06-30$134,119
Total plan assets at end of year2023-06-30$1,866,507
Total plan assets at beginning of year2023-06-30$1,609,370
Value of fidelity bond covering the plan2023-06-30$200,000
Total contributions received or receivable from participants2023-06-30$97,904
Expenses. Other expenses not covered elsewhere2023-06-30$0
Contributions received from other sources (not participants or employers)2023-06-30$23,714
Other income received2023-06-30$254,563
Noncash contributions received2023-06-30$0
Net income (gross income less expenses)2023-06-30$257,137
Net plan assets at end of year (total assets less liabilities)2023-06-30$1,866,507
Net plan assets at beginning of year (total assets less liabilities)2023-06-30$1,609,370
Total contributions received or receivable from employer(s)2023-06-30$33,651
Value of certain deemed distributions of participant loans2023-06-30$0
Value of corrective distributions2023-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-06-30$18,576
2022 : MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 2022 401k financial data
Transfers to/from the plan2022-06-30$0
Total plan liabilities at end of year2022-06-30$0
Total plan liabilities at beginning of year2022-06-30$0
Total income from all sources2022-06-30$-204,095
Expenses. Total of all expenses incurred2022-06-30$48,799
Benefits paid (including direct rollovers)2022-06-30$30,082
Total plan assets at end of year2022-06-30$1,609,370
Total plan assets at beginning of year2022-06-30$1,862,264
Value of fidelity bond covering the plan2022-06-30$200,000
Total contributions received or receivable from participants2022-06-30$66,247
Expenses. Other expenses not covered elsewhere2022-06-30$0
Contributions received from other sources (not participants or employers)2022-06-30$0
Other income received2022-06-30$-297,098
Noncash contributions received2022-06-30$0
Net income (gross income less expenses)2022-06-30$-252,894
Net plan assets at end of year (total assets less liabilities)2022-06-30$1,609,370
Net plan assets at beginning of year (total assets less liabilities)2022-06-30$1,862,264
Total contributions received or receivable from employer(s)2022-06-30$26,756
Value of certain deemed distributions of participant loans2022-06-30$0
Value of corrective distributions2022-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-06-30$18,717
2021 : MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 2021 401k financial data
Transfers to/from the plan2021-06-30$0
Total plan liabilities at end of year2021-06-30$0
Total plan liabilities at beginning of year2021-06-30$0
Total income from all sources2021-06-30$554,123
Expenses. Total of all expenses incurred2021-06-30$77,721
Benefits paid (including direct rollovers)2021-06-30$59,845
Total plan assets at end of year2021-06-30$1,862,264
Total plan assets at beginning of year2021-06-30$1,385,862
Value of fidelity bond covering the plan2021-06-30$200,000
Total contributions received or receivable from participants2021-06-30$44,865
Expenses. Other expenses not covered elsewhere2021-06-30$0
Contributions received from other sources (not participants or employers)2021-06-30$0
Other income received2021-06-30$483,790
Noncash contributions received2021-06-30$0
Net income (gross income less expenses)2021-06-30$476,402
Net plan assets at end of year (total assets less liabilities)2021-06-30$1,862,264
Net plan assets at beginning of year (total assets less liabilities)2021-06-30$1,385,862
Total contributions received or receivable from employer(s)2021-06-30$25,468
Value of certain deemed distributions of participant loans2021-06-30$0
Value of corrective distributions2021-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-06-30$17,876
2020 : MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 2020 401k financial data
Transfers to/from the plan2020-06-30$0
Total plan liabilities at end of year2020-06-30$0
Total plan liabilities at beginning of year2020-06-30$0
Total income from all sources2020-06-30$205,823
Expenses. Total of all expenses incurred2020-06-30$88,458
Benefits paid (including direct rollovers)2020-06-30$73,992
Total plan assets at end of year2020-06-30$1,385,862
Total plan assets at beginning of year2020-06-30$1,268,497
Value of fidelity bond covering the plan2020-06-30$200,000
Total contributions received or receivable from participants2020-06-30$47,781
Expenses. Other expenses not covered elsewhere2020-06-30$0
Contributions received from other sources (not participants or employers)2020-06-30$0
Other income received2020-06-30$117,812
Noncash contributions received2020-06-30$0
Net income (gross income less expenses)2020-06-30$117,365
Net plan assets at end of year (total assets less liabilities)2020-06-30$1,385,862
Net plan assets at beginning of year (total assets less liabilities)2020-06-30$1,268,497
Total contributions received or receivable from employer(s)2020-06-30$40,230
Value of certain deemed distributions of participant loans2020-06-30$0
Value of corrective distributions2020-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-06-30$14,466
2019 : MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 2019 401k financial data
Transfers to/from the plan2019-06-30$0
Total plan liabilities at end of year2019-06-30$0
Total plan liabilities at beginning of year2019-06-30$0
Total income from all sources2019-06-30$150,359
Expenses. Total of all expenses incurred2019-06-30$298,006
Benefits paid (including direct rollovers)2019-06-30$283,293
Total plan assets at end of year2019-06-30$1,268,497
Total plan assets at beginning of year2019-06-30$1,416,144
Value of fidelity bond covering the plan2019-06-30$200,000
Total contributions received or receivable from participants2019-06-30$53,399
Expenses. Other expenses not covered elsewhere2019-06-30$0
Contributions received from other sources (not participants or employers)2019-06-30$0
Other income received2019-06-30$66,960
Noncash contributions received2019-06-30$0
Net income (gross income less expenses)2019-06-30$-147,647
Net plan assets at end of year (total assets less liabilities)2019-06-30$1,268,497
Net plan assets at beginning of year (total assets less liabilities)2019-06-30$1,416,144
Total contributions received or receivable from employer(s)2019-06-30$30,000
Value of certain deemed distributions of participant loans2019-06-30$0
Value of corrective distributions2019-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-06-30$14,713
2018 : MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 2018 401k financial data
Transfers to/from the plan2018-06-30$0
Total plan liabilities at end of year2018-06-30$0
Total plan liabilities at beginning of year2018-06-30$0
Total income from all sources2018-06-30$217,704
Expenses. Total of all expenses incurred2018-06-30$466,598
Benefits paid (including direct rollovers)2018-06-30$453,946
Total plan assets at end of year2018-06-30$1,416,144
Total plan assets at beginning of year2018-06-30$1,665,038
Value of fidelity bond covering the plan2018-06-30$200,000
Total contributions received or receivable from participants2018-06-30$82,999
Expenses. Other expenses not covered elsewhere2018-06-30$0
Contributions received from other sources (not participants or employers)2018-06-30$0
Other income received2018-06-30$134,705
Noncash contributions received2018-06-30$0
Net income (gross income less expenses)2018-06-30$-248,894
Net plan assets at end of year (total assets less liabilities)2018-06-30$1,416,144
Net plan assets at beginning of year (total assets less liabilities)2018-06-30$1,665,038
Total contributions received or receivable from employer(s)2018-06-30$0
Value of certain deemed distributions of participant loans2018-06-30$0
Value of corrective distributions2018-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-06-30$12,652

Form 5500 Responses for MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN

2022: MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 2022 form 5500 responses
2022-07-01Type of plan entitySingle employer plan
2022-07-01Submission has been amendedNo
2022-07-01This submission is the final filingNo
2022-07-01This return/report is a short plan year return/report (less than 12 months)No
2022-07-01Plan is a collectively bargained planNo
2022-07-01Plan funding arrangement – TrustYes
2022-07-01Plan benefit arrangement - TrustYes
2021: MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 2021 form 5500 responses
2021-07-01Type of plan entitySingle employer plan
2021-07-01This submission is the final filingNo
2021-07-01Plan is a collectively bargained planNo
2021-07-01Plan funding arrangement – TrustYes
2021-07-01Plan benefit arrangement - TrustYes
2020: MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 2020 form 5500 responses
2020-07-01Type of plan entitySingle employer plan
2020-07-01This submission is the final filingNo
2020-07-01Plan is a collectively bargained planNo
2020-07-01Plan funding arrangement – TrustYes
2020-07-01Plan benefit arrangement - TrustYes
2019: MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 2019 form 5500 responses
2019-07-01Type of plan entitySingle employer plan
2019-07-01Submission has been amendedNo
2019-07-01This submission is the final filingNo
2019-07-01This return/report is a short plan year return/report (less than 12 months)No
2019-07-01Plan is a collectively bargained planNo
2019-07-01Plan funding arrangement – TrustYes
2019-07-01Plan benefit arrangement - TrustYes
2018: MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 2018 form 5500 responses
2018-07-01Type of plan entitySingle employer plan
2018-07-01Submission has been amendedNo
2018-07-01This submission is the final filingNo
2018-07-01This return/report is a short plan year return/report (less than 12 months)No
2018-07-01Plan is a collectively bargained planNo
2018-07-01Plan funding arrangement – TrustYes
2018-07-01Plan benefit arrangement - TrustYes
2017: MAGIC CITY SPRINKLER, INC. EMPLOYEES' SAVING PLAN 2017 form 5500 responses
2017-07-01Type of plan entitySingle employer plan
2017-07-01Submission has been amendedNo
2017-07-01This submission is the final filingNo
2017-07-01This return/report is a short plan year return/report (less than 12 months)No
2017-07-01Plan is a collectively bargained planNo
2017-07-01Plan funding arrangement – TrustYes
2017-07-01Plan benefit arrangement - TrustYes

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
401k Lookup     VAT Lookup S3