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MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 401k Plan overview

Plan NameMERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN
Plan identification number 001

MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • 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

MERIDIAN CAPITAL GROUP III, INC. has sponsored the creation of one or more 401k plans.

Company Name:MERIDIAN CAPITAL GROUP III, INC.
Employer identification number (EIN):841249055
NAIC Classification:531390
NAIC Description:Other Activities Related to Real Estate

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-01-01CHARLES MCKENZIE2017-10-12 CHARLES MCKENZIE2017-10-12
0012015-01-01CHARLES MCKENZIE2016-10-17 CHARLES MCKENZIE2016-10-17
0012014-01-01CHARLES MCKENZIE CHARLES MCKENZIE2015-08-18
0012013-01-01CHARLES MCKENZIE CHARLES MCKENZIE2014-10-14
0012012-01-01CHARLES MCKENZIE
0012011-01-01CHARLES MCKENZIE
0012010-01-01CHARLES MCKENZIE
0012009-01-01CHARLES MCKENZIE
0012008-01-01CHARLES MCKENZIE

Plan Statistics for MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN

401k plan membership statisitcs for MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN

Measure Date Value
2016: MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets2016-12-31481,012
Acturial value of plan assets2016-12-31481,012
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-310
Fundng target for terminated vested participants2016-12-310
Active participant vested funding target2016-12-31511,764
Number of active participants2016-12-311
Total funding liabilities for active participants2016-12-31511,764
Total participant count2016-12-311
Total funding target for all participants2016-12-31511,764
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-3195,262
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31100,749
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-31100,000
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-31100,000
Total employer contributions2016-12-31158,000
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-31160,680
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-3159,610
Net shortfall amortization installment of oustanding balance2016-12-31130,752
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-3182,540
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-3182,540
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-31160,680
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
2014: MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-011
Total number of active participants reported on line 7a of the Form 55002014-01-011
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-011
2013: MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-011
Total number of active participants reported on line 7a of the Form 55002013-01-011
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-011
Total number of active participants reported on line 7a of the Form 55002012-01-011
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-011
Total number of active participants reported on line 7a of the Form 55002011-01-011
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-011
Total number of active participants reported on line 7a of the Form 55002010-01-011
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-010
Total of all active and inactive participants2010-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-011
Total number of active participants reported on line 7a of the Form 55002009-01-011
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010
2008: MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2008 401k membership
Total participants, beginning-of-year2008-01-011
Total number of active participants reported on line 7a of the Form 55002008-01-011
Number of retired or separated participants receiving benefits2008-01-010
Number of other retired or separated participants entitled to future benefits2008-01-010
Total of all active and inactive participants2008-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2008-01-010
Total participants2008-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2008-01-010

Financial Data on MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN

Measure Date Value
2014 : MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$173,121
Expenses. Total of all expenses incurred2014-12-31$62,040
Benefits paid (including direct rollovers)2014-12-31$62,000
Total plan assets at end of year2014-12-31$587,293
Total plan assets at beginning of year2014-12-31$476,212
Total contributions received or receivable from participants2014-12-31$0
Expenses. Other expenses not covered elsewhere2014-12-31$40
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$23,121
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$111,081
Net plan assets at end of year (total assets less liabilities)2014-12-31$587,293
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$476,212
Total contributions received or receivable from employer(s)2014-12-31$150,000
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$18,140
Expenses. Total of all expenses incurred2013-12-31$0
Benefits paid (including direct rollovers)2013-12-31$0
Total plan assets at end of year2013-12-31$476,212
Total plan assets at beginning of year2013-12-31$458,072
Total contributions received or receivable from participants2013-12-31$0
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$18,140
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$18,140
Net plan assets at end of year (total assets less liabilities)2013-12-31$476,212
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$458,072
Total contributions received or receivable from employer(s)2013-12-31$0
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$18,741
Expenses. Total of all expenses incurred2012-12-31$100,000
Benefits paid (including direct rollovers)2012-12-31$100,000
Total plan assets at end of year2012-12-31$458,072
Total plan assets at beginning of year2012-12-31$539,331
Total contributions received or receivable from participants2012-12-31$0
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$18,741
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$-81,259
Net plan assets at end of year (total assets less liabilities)2012-12-31$458,072
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$539,331
Total contributions received or receivable from employer(s)2012-12-31$0
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$101,735
Expenses. Total of all expenses incurred2011-12-31$0
Benefits paid (including direct rollovers)2011-12-31$0
Total plan assets at end of year2011-12-31$539,331
Total plan assets at beginning of year2011-12-31$437,596
Total contributions received or receivable from participants2011-12-31$0
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$1,735
Noncash contributions received2011-12-31$0
Net income (gross income less expenses)2011-12-31$101,735
Net plan assets at end of year (total assets less liabilities)2011-12-31$539,331
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$437,596
Total contributions received or receivable from employer(s)2011-12-31$100,000
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$27,062
Expenses. Total of all expenses incurred2010-12-31$90,000
Benefits paid (including direct rollovers)2010-12-31$0
Total plan assets at end of year2010-12-31$437,594
Total plan assets at beginning of year2010-12-31$500,532
Total contributions received or receivable from participants2010-12-31$0
Expenses. Other expenses not covered elsewhere2010-12-31$90,000
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$27,062
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$-62,938
Net plan assets at end of year (total assets less liabilities)2010-12-31$437,594
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$500,532
Total contributions received or receivable from employer(s)2010-12-31$0
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0
2008 : MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2008 401k financial data
Transfers to/from the plan2008-12-31$0
Total plan liabilities at end of year2008-12-31$0
Total plan liabilities at beginning of year2008-12-31$0
Total income from all sources2008-12-31$500,265
Expenses. Total of all expenses incurred2008-12-31$0
Benefits paid (including direct rollovers)2008-12-31$0
Total plan assets at end of year2008-12-31$500,265
Total plan assets at beginning of year2008-12-31$0
Total contributions received or receivable from participants2008-12-31$0
Expenses. Other expenses not covered elsewhere2008-12-31$0
Contributions received from other sources (not participants or employers)2008-12-31$0
Other income received2008-12-31$265
Noncash contributions received2008-12-31$0
Net income (gross income less expenses)2008-12-31$500,265
Net plan assets at end of year (total assets less liabilities)2008-12-31$500,265
Net plan assets at beginning of year (total assets less liabilities)2008-12-31$0
Total contributions received or receivable from employer(s)2008-12-31$500,000
Value of certain deemed distributions of participant loans2008-12-31$0
Value of corrective distributions2008-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2008-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2008-12-31$0

Form 5500 Responses for MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN

2014: MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes
2008: MERIDIAN CAPITAL GROUP III, INC., DEFINED BENEFIT PLAN 2008 form 5500 responses
2008-01-01Type of plan entitySingle employer plan
2008-01-01First time form 5500 has been submittedYes
2008-01-01Submission has been amendedNo
2008-01-01This submission is the final filingNo
2008-01-01This return/report is a short plan year return/report (less than 12 months)No
2008-01-01Plan is a collectively bargained planNo
2008-01-01Plan funding arrangement – TrustYes
2008-01-01Plan benefit arrangement - TrustYes

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