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MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN 401k Plan overview

Plan NameMEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN
Plan identification number 001

MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

MEDICAL TECHNOLOGY INDUSTRIES INC. has sponsored the creation of one or more 401k plans.

Company Name:MEDICAL TECHNOLOGY INDUSTRIES INC.
Employer identification number (EIN):870629156
NAIC Classification:339110

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01ANN DARTNELL2023-06-23 ANN DARTNELL2023-06-23
0012021-01-01ANN DARTNELL2022-09-02 ANN DARTNELL2022-09-02
0012020-01-01ANN DARTNELL2021-07-27 ANN DARTNELL2021-07-27
0012019-01-01ANN DARTNELL2020-07-21 ANN DARTNELL2020-07-21
0012018-01-01LAUREL ALEAMONI2019-10-11 LAUREL ALEAMONI2019-10-11
0012017-01-01LAUREL ALEAMONI2018-10-09 LAUREL ALEAMONI2018-10-09
0012016-01-01LAUREL ALEAMONI
0012015-01-01LAUREL ALEAMONI
0012014-01-01PAT BRAITHWAITE
0012013-01-01PAT BRAITHWAITE
0012012-01-01PATRICIA BRAITHWAITE
0012011-01-01PATRICIA BRAITHWAITE
0012010-01-01PATRICIA BRAITHWAITE
0012009-01-01PATRICIA BRAITHWAITE

Plan Statistics for MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN

401k plan membership statisitcs for MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN

Measure Date Value
2016: MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0142
Total number of active participants reported on line 7a of the Form 55002016-01-0139
Number of other retired or separated participants entitled to future benefits2016-01-014
Total of all active and inactive participants2016-01-0143
Total participants2016-01-0143
Number of participants with account balances2016-01-0124
2015: MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0141
Total number of active participants reported on line 7a of the Form 55002015-01-0138
Number of other retired or separated participants entitled to future benefits2015-01-014
Total of all active and inactive participants2015-01-0142
Total participants2015-01-0142
Number of participants with account balances2015-01-0125
2014: MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0119
Total number of active participants reported on line 7a of the Form 55002014-01-0137
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-014
Total of all active and inactive participants2014-01-0141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0141
Number of participants with account balances2014-01-0124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0139
Total number of active participants reported on line 7a of the Form 55002013-01-0116
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-013
Total of all active and inactive participants2013-01-0119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0119
Number of participants with account balances2013-01-0119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0131
Total number of active participants reported on line 7a of the Form 55002012-01-0136
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-013
Total of all active and inactive participants2012-01-0139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0139
Number of participants with account balances2012-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0116
Total number of active participants reported on line 7a of the Form 55002011-01-0128
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-013
Total of all active and inactive participants2011-01-0131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0131
Number of participants with account balances2011-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0129
Total number of active participants reported on line 7a of the Form 55002010-01-0114
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-012
Total of all active and inactive participants2010-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0116
Number of participants with account balances2010-01-0116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0118
Total number of active participants reported on line 7a of the Form 55002009-01-0126
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-013
Total of all active and inactive participants2009-01-0129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0129
Number of participants with account balances2009-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN

Measure Date Value
2016 : MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$271,167
Expenses. Total of all expenses incurred2016-12-31$118,510
Benefits paid (including direct rollovers)2016-12-31$117,492
Total plan assets at end of year2016-12-31$1,241,500
Total plan assets at beginning of year2016-12-31$1,088,843
Value of fidelity bond covering the plan2016-12-31$130,000
Total contributions received or receivable from participants2016-12-31$127,869
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$87,587
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$152,657
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,241,500
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,088,843
Assets. Value of participant loans2016-12-31$8,831
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022016-12-31$0
Total contributions received or receivable from employer(s)2016-12-31$55,711
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$1,018
2015 : MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$158,330
Expenses. Total of all expenses incurred2015-12-31$78,374
Benefits paid (including direct rollovers)2015-12-31$77,441
Total plan assets at end of year2015-12-31$1,088,843
Total plan assets at beginning of year2015-12-31$1,008,887
Value of fidelity bond covering the plan2015-12-31$50,000
Total contributions received or receivable from participants2015-12-31$110,006
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$40
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$79,956
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,088,843
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,008,887
Assets. Value of participant loans2015-12-31$20,136
Total contributions received or receivable from employer(s)2015-12-31$48,284
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$933
2014 : MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) 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$220,055
Expenses. Total of all expenses incurred2014-12-31$738
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$1,008,887
Total plan assets at beginning of year2014-12-31$789,570
Value of fidelity bond covering the plan2014-12-31$50,000
Total contributions received or receivable from participants2014-12-31$101,950
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$70,842
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$219,317
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,008,887
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$789,570
Assets. Value of participant loans2014-12-31$26,534
Total contributions received or receivable from employer(s)2014-12-31$47,263
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$738
2013 : MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$254,934
Expenses. Total of all expenses incurred2013-12-31$1,037
Benefits paid (including direct rollovers)2013-12-31$0
Total plan assets at end of year2013-12-31$789,570
Total plan assets at beginning of year2013-12-31$535,673
Value of fidelity bond covering the plan2013-12-31$50,000
Total contributions received or receivable from participants2013-12-31$66,445
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$150,064
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$253,897
Net plan assets at end of year (total assets less liabilities)2013-12-31$789,570
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$535,673
Assets. Value of participant loans2013-12-31$30,909
Total contributions received or receivable from employer(s)2013-12-31$38,425
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$1,037
2012 : MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$165,535
Expenses. Total of all expenses incurred2012-12-31$6,076
Benefits paid (including direct rollovers)2012-12-31$5,466
Total plan assets at end of year2012-12-31$535,673
Total plan assets at beginning of year2012-12-31$376,214
Value of fidelity bond covering the plan2012-12-31$50,000
Total contributions received or receivable from participants2012-12-31$54,544
Other income received2012-12-31$76,643
Net income (gross income less expenses)2012-12-31$159,459
Net plan assets at end of year (total assets less liabilities)2012-12-31$535,673
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$376,214
Assets. Value of participant loans2012-12-31$2,244
Total contributions received or receivable from employer(s)2012-12-31$34,348
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$610
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$53,146
Expenses. Total of all expenses incurred2011-12-31$-3
Total plan assets at end of year2011-12-31$376,214
Total plan assets at beginning of year2011-12-31$323,065
Value of fidelity bond covering the plan2011-12-31$50,000
Total contributions received or receivable from participants2011-12-31$42,956
Other income received2011-12-31$-17,716
Net income (gross income less expenses)2011-12-31$53,149
Net plan assets at end of year (total assets less liabilities)2011-12-31$376,214
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$323,065
Assets. Value of participant loans2011-12-31$4,015
Total contributions received or receivable from employer(s)2011-12-31$27,906
Value of certain deemed distributions of participant loans2011-12-31$-733
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$730
2010 : MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$111,319
Expenses. Total of all expenses incurred2010-12-31$11,694
Benefits paid (including direct rollovers)2010-12-31$10,170
Total plan assets at end of year2010-12-31$323,065
Total plan assets at beginning of year2010-12-31$223,440
Value of fidelity bond covering the plan2010-12-31$50,000
Total contributions received or receivable from participants2010-12-31$38,084
Other income received2010-12-31$46,662
Net income (gross income less expenses)2010-12-31$99,625
Net plan assets at end of year (total assets less liabilities)2010-12-31$323,065
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$223,440
Assets. Value of participant loans2010-12-31$2,091
Total contributions received or receivable from employer(s)2010-12-31$26,573
Value of certain deemed distributions of participant loans2010-12-31$733
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$791
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) 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

Form 5500 Responses for MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN

2016: MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) 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: MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) 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: MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) 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 funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) 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 funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) 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: MEDICAL TECHNOLOGY INDUSTRIES, INC. 401(K) 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 funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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