M & W HOT OIL, INC. has sponsored the creation of one or more 401k plans.
Additional information about M & W HOT OIL, INC.
Submission information for form 5500 for 401k plan M & W HOT OIL HEALTH BENEFIT PLAN
| Measure | Date | Value |
|---|
| 2012 : M & W HOT OIL HEALTH BENEFIT PLAN 2012 401k financial data |
|---|
| Total income from all sources | 2012-10-31 | $1,319,117 |
| Expenses. Total of all expenses incurred | 2012-10-31 | $1,319,117 |
| Benefits paid (including direct rollovers) | 2012-10-31 | $1,086,570 |
| Total contributions received or receivable from participants | 2012-10-31 | $291,789 |
| Contributions received from other sources (not participants or employers) | 2012-10-31 | $466,332 |
| Net income (gross income less expenses) | 2012-10-31 | $0 |
| Total contributions received or receivable from employer(s) | 2012-10-31 | $560,996 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2012-10-31 | $232,547 |
| 2010 : M & W HOT OIL HEALTH BENEFIT PLAN 2010 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-10-31 | $147,601 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-10-31 | $536,097 |
| Total income from all sources (including contributions) | 2010-10-31 | $940,379 |
| Total of all expenses incurred | 2010-10-31 | $940,379 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-10-31 | $921,244 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-10-31 | $940,379 |
| Value of total assets at end of year | 2010-10-31 | $147,601 |
| Value of total assets at beginning of year | 2010-10-31 | $536,097 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-10-31 | $19,135 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-10-31 | No |
| Was this plan covered by a fidelity bond | 2010-10-31 | No |
| If this is an individual account plan, was there a blackout period | 2010-10-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2010-10-31 | No |
| Contributions received from participants | 2010-10-31 | $183,851 |
| Participant contributions at end of year | 2010-10-31 | $83,381 |
| Participant contributions at beginning of year | 2010-10-31 | $383,669 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-10-31 | $112,005 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-10-31 | $23 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-10-31 | $12,069 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-10-31 | $144,185 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2010-10-31 | $535,893 |
| Administrative expenses (other) incurred | 2010-10-31 | $19,135 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-10-31 | No |
| Value of net income/loss | 2010-10-31 | $0 |
| Value of net assets at end of year (total assets less liabilities) | 2010-10-31 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-10-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-10-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2010-10-31 | $209,255 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-10-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-10-31 | No |
| Contributions received in cash from employer | 2010-10-31 | $644,523 |
| Employer contributions (assets) at end of year | 2010-10-31 | $64,197 |
| Employer contributions (assets) at beginning of year | 2010-10-31 | $140,359 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-10-31 | $711,989 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2010-10-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2010-10-31 | $3,416 |
| Liabilities. Value of benefit claims payable at beginning of year | 2010-10-31 | $204 |
| Did the plan have assets held for investment | 2010-10-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-10-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-10-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-10-31 | Unqualified |
| Accountancy firm name | 2010-10-31 | BROUSSARD & COMPANY, CPA'S, LLC |
| Accountancy firm EIN | 2010-10-31 | 721447940 |
| 2009 : M & W HOT OIL HEALTH BENEFIT PLAN 2009 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2009-10-31 | $536,097 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2009-10-31 | $98,517 |
| Total income from all sources (including contributions) | 2009-10-31 | $1,337,996 |
| Total of all expenses incurred | 2009-10-31 | $1,337,996 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2009-10-31 | $1,315,427 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2009-10-31 | $1,337,996 |
| Value of total assets at end of year | 2009-10-31 | $536,097 |
| Value of total assets at beginning of year | 2009-10-31 | $98,517 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2009-10-31 | $22,569 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2009-10-31 | No |
| Was this plan covered by a fidelity bond | 2009-10-31 | No |
| If this is an individual account plan, was there a blackout period | 2009-10-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2009-10-31 | No |
| Contributions received from participants | 2009-10-31 | $223,190 |
| Participant contributions at end of year | 2009-10-31 | $383,669 |
| Participant contributions at beginning of year | 2009-10-31 | $8,443 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2009-10-31 | $394,949 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2009-10-31 | $12,069 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2009-10-31 | $535,893 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2009-10-31 | $96,251 |
| Administrative expenses (other) incurred | 2009-10-31 | $22,569 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2009-10-31 | No |
| Value of net income/loss | 2009-10-31 | $0 |
| Value of net assets at end of year (total assets less liabilities) | 2009-10-31 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2009-10-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2009-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2009-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2009-10-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2009-10-31 | $234,090 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2009-10-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2009-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2009-10-31 | No |
| Contributions received in cash from employer | 2009-10-31 | $719,857 |
| Employer contributions (assets) at end of year | 2009-10-31 | $140,359 |
| Employer contributions (assets) at beginning of year | 2009-10-31 | $90,074 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2009-10-31 | $1,081,337 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2009-10-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2009-10-31 | $204 |
| Liabilities. Value of benefit claims payable at beginning of year | 2009-10-31 | $2,266 |
| Did the plan have assets held for investment | 2009-10-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2009-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2009-10-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2009-10-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2009-10-31 | Unqualified |
| Accountancy firm name | 2009-10-31 | BROUSSARD & COMPANY, CPA'S, LLC |
| Accountancy firm EIN | 2009-10-31 | 721447940 |
