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Plan Name | THE MAKENS COMPANY PROFIT SHARING PLAN |
Plan identification number | 001 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
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Company Name: | THE MAKENS COMPANY PROFIT SHARING PLAN |
Employer identification number (EIN): | 752736126 |
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2022-07-01 | JAMES M. MAKENS | 2024-03-01 | JAMES M. MAKENS | 2024-03-01 |
Measure | Date | Value |
---|---|---|
2022: THE MAKENS COMPANY PROFIT SHARING PLAN 2022 401k membership | ||
Total participants, beginning-of-year | 2022-07-01 | 2 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-07-01 | 2 |
Number of retired or separated participants receiving benefits | 2022-07-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2022-07-01 | 0 |
Total of all active and inactive participants | 2022-07-01 | 2 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-07-01 | 0 |
Total participants | 2022-07-01 | 2 |
Number of participants with account balances | 2022-07-01 | 2 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-07-01 | 0 |
Measure | Date | Value |
---|---|---|
2023 : THE MAKENS COMPANY PROFIT SHARING PLAN 2023 401k financial data | ||
Total income from all sources | 2023-06-30 | $2,910,886 |
Expenses. Total of all expenses incurred | 2023-06-30 | $6,710 |
Total plan assets at end of year | 2023-06-30 | $9,598,487 |
Total plan assets at beginning of year | 2023-06-30 | $6,694,311 |
Value of fidelity bond covering the plan | 2023-06-30 | $874,000 |
Expenses. Other expenses not covered elsewhere | 2023-06-30 | $1,675 |
Other income received | 2023-06-30 | $2,910,886 |
Net income (gross income less expenses) | 2023-06-30 | $2,904,176 |
Net plan assets at end of year (total assets less liabilities) | 2023-06-30 | $9,598,487 |
Net plan assets at beginning of year (total assets less liabilities) | 2023-06-30 | $6,694,311 |
Assets. Value of assets in partnership/joint-venture interests | 2023-06-30 | $203,759 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2023-06-30 | $5,035 |
2022: THE MAKENS COMPANY PROFIT SHARING PLAN 2022 form 5500 responses | ||
---|---|---|
2022-07-01 | Type of plan entity | Single employer plan |
2022-07-01 | Plan funding arrangement – Trust | Yes |
2022-07-01 | Plan benefit arrangement - Trust | Yes |