?>
Logo

MATERIAL HANDLING INDUSTRY THRIFT PLAN 401k Plan overview

Plan NameMATERIAL HANDLING INDUSTRY THRIFT PLAN
Plan identification number 002

MATERIAL HANDLING INDUSTRY THRIFT 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

MATERIAL HANDLING INDUSTRY has sponsored the creation of one or more 401k plans.

Company Name:MATERIAL HANDLING INDUSTRY
Employer identification number (EIN):561596147
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Additional information about MATERIAL HANDLING INDUSTRY

Jurisdiction of Incorporation: North Carolina Secretary of State
Incorporation Date:
Company Identification Number: 0222313

More information about MATERIAL HANDLING INDUSTRY

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MATERIAL HANDLING INDUSTRY THRIFT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01LORETTA BARTER
0022016-01-01MICHAEL LAURENT2017-05-31 MICHAEL LAURENT2017-05-31
0022015-01-01MICHAEL LAURENT2016-07-28 MICHAEL LAURENT2016-07-28
0022014-01-01MICHAEL LAURENT2015-07-27 MICHAEL LAURENT2015-07-27
0022013-01-01MICHAEL LAURENT2014-07-29 MICHAEL LAURENT2014-07-29
0022012-01-01MIKE LAURENT2013-05-22 MIKE LAURENT2013-05-22
0022011-01-01MICHAEL J LAURENT2012-06-18 MICHAEL J LAURENT2012-06-18
0022010-01-01MICHAEL LAURENT2011-05-27 MICHAEL LAURENT2011-05-27

Plan Statistics for MATERIAL HANDLING INDUSTRY THRIFT PLAN

401k plan membership statisitcs for MATERIAL HANDLING INDUSTRY THRIFT PLAN

Measure Date Value
2022: MATERIAL HANDLING INDUSTRY THRIFT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0148
Total number of active participants reported on line 7a of the Form 55002022-01-0138
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0114
Total of all active and inactive participants2022-01-0152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0152
Number of participants with account balances2022-01-0152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: MATERIAL HANDLING INDUSTRY THRIFT PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0150
Total number of active participants reported on line 7a of the Form 55002021-01-0134
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0114
Total of all active and inactive participants2021-01-0148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0148
Number of participants with account balances2021-01-0146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: MATERIAL HANDLING INDUSTRY THRIFT PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0149
Total number of active participants reported on line 7a of the Form 55002020-01-0136
Number of other retired or separated participants entitled to future benefits2020-01-0113
Total of all active and inactive participants2020-01-0149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-011
Total participants2020-01-0150
Number of participants with account balances2020-01-0150
2019: MATERIAL HANDLING INDUSTRY THRIFT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0140
Total number of active participants reported on line 7a of the Form 55002019-01-0133
Number of other retired or separated participants entitled to future benefits2019-01-0116
Total of all active and inactive participants2019-01-0149
Total participants2019-01-0149
Number of participants with account balances2019-01-0149
2018: MATERIAL HANDLING INDUSTRY THRIFT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0138
Total number of active participants reported on line 7a of the Form 55002018-01-0129
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0111
Total of all active and inactive participants2018-01-0140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0140
Number of participants with account balances2018-01-0139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: MATERIAL HANDLING INDUSTRY THRIFT PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0144
Total number of active participants reported on line 7a of the Form 55002017-01-0126
Number of other retired or separated participants entitled to future benefits2017-01-0112
Total of all active and inactive participants2017-01-0138
Total participants2017-01-0138
Number of participants with account balances2017-01-0138

Financial Data on MATERIAL HANDLING INDUSTRY THRIFT PLAN

Measure Date Value
2022 : MATERIAL HANDLING INDUSTRY THRIFT PLAN 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$-894,784
Expenses. Total of all expenses incurred2022-12-31$198,780
Benefits paid (including direct rollovers)2022-12-31$167,316
Total plan assets at end of year2022-12-31$8,403,077
Total plan assets at beginning of year2022-12-31$9,496,641
Value of fidelity bond covering the plan2022-12-31$500,000
Total contributions received or receivable from participants2022-12-31$378,509
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$32,013
Other income received2022-12-31$-1,713,305
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-1,093,564
Net plan assets at end of year (total assets less liabilities)2022-12-31$8,403,077
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$9,496,641
Assets. Value of participant loans2022-12-31$76,632
Total contributions received or receivable from employer(s)2022-12-31$407,999
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$31,464
2021 : MATERIAL HANDLING INDUSTRY THRIFT PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$1,866,101
Expenses. Total of all expenses incurred2021-12-31$187,136
Benefits paid (including direct rollovers)2021-12-31$157,075
Total plan assets at end of year2021-12-31$9,496,641
Total plan assets at beginning of year2021-12-31$7,817,676
Value of fidelity bond covering the plan2021-12-31$500,000
Total contributions received or receivable from participants2021-12-31$372,236
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$30,000
Other income received2021-12-31$1,081,959
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$1,678,965
Net plan assets at end of year (total assets less liabilities)2021-12-31$9,496,641
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$7,817,676
Assets. Value of participant loans2021-12-31$78,587
Total contributions received or receivable from employer(s)2021-12-31$381,906
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$30,061
2020 : MATERIAL HANDLING INDUSTRY THRIFT PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$1,733,706
Expenses. Total of all expenses incurred2020-12-31$442,267
Benefits paid (including direct rollovers)2020-12-31$419,353
Total plan assets at end of year2020-12-31$7,817,676
Total plan assets at beginning of year2020-12-31$6,526,237
Value of fidelity bond covering the plan2020-12-31$500,000
Assets. Value of tangible personal property2020-12-31$0
Total contributions received or receivable from participants2020-12-31$358,011
Assets. Value of loans (other than to participants)2020-12-31$0
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$119,267
Other income received2020-12-31$937,814
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$1,291,439
Net plan assets at end of year (total assets less liabilities)2020-12-31$7,817,676
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$6,526,237
Assets. Value of participant loans2020-12-31$44,775
Assets. Value of assets in partnership/joint-venture interests2020-12-31$0
Assets. Value of real-estate (other than employer real property)2020-12-31$0
Assets. Value of employer securities2020-12-31$0
Assets. Value of employer real property2020-12-31$0
Total contributions received or receivable from employer(s)2020-12-31$318,614
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$22,914
2019 : MATERIAL HANDLING INDUSTRY THRIFT PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$2,304,463
Expenses. Total of all expenses incurred2019-12-31$1,238,212
Benefits paid (including direct rollovers)2019-12-31$1,216,647
Total plan assets at end of year2019-12-31$6,526,237
Total plan assets at beginning of year2019-12-31$5,459,986
Value of fidelity bond covering the plan2019-12-31$500,000
Total contributions received or receivable from participants2019-12-31$319,886
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$443,182
Other income received2019-12-31$1,208,083
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$1,066,251
Net plan assets at end of year (total assets less liabilities)2019-12-31$6,526,237
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$5,459,986
Assets. Value of participant loans2019-12-31$84,129
Total contributions received or receivable from employer(s)2019-12-31$333,312
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$21,565
2018 : MATERIAL HANDLING INDUSTRY THRIFT PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$157,377
Expenses. Total of all expenses incurred2018-12-31$321,466
Benefits paid (including direct rollovers)2018-12-31$288,764
Total plan assets at end of year2018-12-31$5,459,986
Total plan assets at beginning of year2018-12-31$5,624,075
Value of fidelity bond covering the plan2018-12-31$500,000
Total contributions received or receivable from participants2018-12-31$265,333
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-324,815
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-164,089
Net plan assets at end of year (total assets less liabilities)2018-12-31$5,459,986
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$5,624,075
Assets. Value of participant loans2018-12-31$66,201
Total contributions received or receivable from employer(s)2018-12-31$216,859
Value of certain deemed distributions of participant loans2018-12-31$5,531
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$27,171
2017 : MATERIAL HANDLING INDUSTRY THRIFT PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$1,298,669
Expenses. Total of all expenses incurred2017-12-31$400,232
Benefits paid (including direct rollovers)2017-12-31$394,108
Total plan assets at end of year2017-12-31$5,624,075
Total plan assets at beginning of year2017-12-31$4,725,638
Value of fidelity bond covering the plan2017-12-31$500,000
Total contributions received or receivable from participants2017-12-31$267,473
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$17,121
Other income received2017-12-31$717,406
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$898,437
Net plan assets at end of year (total assets less liabilities)2017-12-31$5,624,075
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$4,725,638
Assets. Value of participant loans2017-12-31$76,336
Total contributions received or receivable from employer(s)2017-12-31$296,669
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$6,124

Form 5500 Responses for MATERIAL HANDLING INDUSTRY THRIFT PLAN

2022: MATERIAL HANDLING INDUSTRY THRIFT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01This submission is the final filingNo
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: MATERIAL HANDLING INDUSTRY THRIFT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: MATERIAL HANDLING INDUSTRY THRIFT PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01This submission is the final filingNo
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: MATERIAL HANDLING INDUSTRY THRIFT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: MATERIAL HANDLING INDUSTRY THRIFT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MATERIAL HANDLING INDUSTRY THRIFT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan 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