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MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameMEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN
Plan identification number 022

MEDALLION FUNDING CORP. 401(K) PROFIT SHARING 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

MEDALLION FINANCIAL CORP. has sponsored the creation of one or more 401k plans.

Company Name:MEDALLION FINANCIAL CORP.
Employer identification number (EIN):112523716
NAIC Classification:522298
NAIC Description:All Other Nondepository Credit Intermediation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0222022-01-01
0222021-01-01
0222020-01-01ALEXANDRIA GONZALEZ2021-10-14 ALEXANDRIA GONZALEZ2021-10-14
0222019-01-01ALEXANDRIA GONZALEZ2020-10-15 ALEXANDRIA GONZALEZ2020-10-15
0222018-01-01ALEXANDRIA GONZALEZ2019-10-15 ALEXANDRIA GONZALEZ2019-10-15
0222017-01-01ALEXANDRIA GONZALEZ ALEXANDRIA GONZALEZ2018-10-15
0222016-01-01ALEXANDRIA GONZALEZ ALEXANDRIA GONZALEZ2017-10-16
0222015-01-01ALEXANDRIA GONZALEZ ALEXANDRIA GONZALEZ2016-10-17
0222014-01-01ALEXANDRIA GONZALEZ ALEXANDRIA GONZALEZ2015-10-15
0222013-01-01ALEXANDRIA GONZALEZ ALEXANDRIA GONZALEZ2014-10-15
0222012-01-01ALEXANDRIA GONZALEZ ALEXANDRIA GONZALEZ2013-10-01
0222011-01-01ALEXANDRIA GONZALEZ ALEXANDRIA GONZALEZ2012-09-13
0222010-01-01ALEXANDRIA GONZALEZ ALEXANDRIA GONZALEZ2012-02-13
0222009-01-01ALEXANDRIA M. GONZALEZ ALEXANDRIA M. GONZALEZ2010-08-02

Plan Statistics for MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN

Measure Date Value
2022: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01151
Total number of active participants reported on line 7a of the Form 55002022-01-01149
Number of retired or separated participants receiving benefits2022-01-011
Number of other retired or separated participants entitled to future benefits2022-01-0126
Total of all active and inactive participants2022-01-01176
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01176
Number of participants with account balances2022-01-01176
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-011
2021: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01159
Total number of active participants reported on line 7a of the Form 55002021-01-01120
Number of retired or separated participants receiving benefits2021-01-011
Number of other retired or separated participants entitled to future benefits2021-01-0130
Total of all active and inactive participants2021-01-01151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01151
Number of participants with account balances2021-01-01151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-016
2020: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01162
Total number of active participants reported on line 7a of the Form 55002020-01-01137
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0130
Total of all active and inactive participants2020-01-01167
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01167
Number of participants with account balances2020-01-01158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-012
2019: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01157
Total number of active participants reported on line 7a of the Form 55002019-01-01135
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0127
Total of all active and inactive participants2019-01-01162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01162
Number of participants with account balances2019-01-01147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-015
2018: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01178
Total number of active participants reported on line 7a of the Form 55002018-01-01186
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0122
Total of all active and inactive participants2018-01-01208
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01208
Number of participants with account balances2018-01-01144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-012
2017: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01127
Total number of active participants reported on line 7a of the Form 55002017-01-01113
Number of retired or separated participants receiving benefits2017-01-011
Number of other retired or separated participants entitled to future benefits2017-01-0124
Total of all active and inactive participants2017-01-01138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01138
Number of participants with account balances2017-01-01138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-015
2016: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01142
Total number of active participants reported on line 7a of the Form 55002016-01-01101
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0125
Total of all active and inactive participants2016-01-01126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-01127
Number of participants with account balances2016-01-01123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-017
2015: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01129
Total number of active participants reported on line 7a of the Form 55002015-01-01114
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0112
Total of all active and inactive participants2015-01-01126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011
Total participants2015-01-01127
Number of participants with account balances2015-01-01121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-011
2014: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01133
Total number of active participants reported on line 7a of the Form 55002014-01-01121
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-017
Total of all active and inactive participants2014-01-01128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-01129
Number of participants with account balances2014-01-01123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-011
2013: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01123
Total number of active participants reported on line 7a of the Form 55002013-01-01122
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-016
Total of all active and inactive participants2013-01-01128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-01129
Number of participants with account balances2013-01-01121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011
2012: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01116
Total number of active participants reported on line 7a of the Form 55002012-01-01113
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-016
Total of all active and inactive participants2012-01-01119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-011
Total participants2012-01-01120
Number of participants with account balances2012-01-0186
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01113
Total number of active participants reported on line 7a of the Form 55002011-01-01103
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-018
Total of all active and inactive participants2011-01-01111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011
Total participants2011-01-01112
Number of participants with account balances2011-01-0182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-011
2010: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01119
Total number of active participants reported on line 7a of the Form 55002010-01-01109
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-019
Total of all active and inactive participants2010-01-01118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-011
Total participants2010-01-01119
Number of participants with account balances2010-01-0174
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-011
2009: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01101
Total number of active participants reported on line 7a of the Form 55002009-01-01108
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0110
Total of all active and inactive participants2009-01-01118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-011
Total participants2009-01-01119
Number of participants with account balances2009-01-0172
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN

Measure Date Value
2022 : MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-1,758,691
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$851,677
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$765,859
Value of total corrective distributions2022-12-31$3,640
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,437,400
Value of total assets at end of year2022-12-31$16,214,995
Value of total assets at beginning of year2022-12-31$18,825,363
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$82,178
Total interest from all sources2022-12-31$48,965
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$199,669
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$199,669
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,097,540
Participant contributions at end of year2022-12-31$187,629
Participant contributions at beginning of year2022-12-31$238,157
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$6,734
Other income not declared elsewhere2022-12-31$8,296
Administrative expenses (other) incurred2022-12-31$125
Total non interest bearing cash at beginning of year2022-12-31$130
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-2,610,368
Value of net assets at end of year (total assets less liabilities)2022-12-31$16,214,995
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$18,825,363
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$37,959
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$12,019,298
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$13,605,779
Value of interest in pooled separate accounts at end of year2022-12-31$1,562,915
Value of interest in pooled separate accounts at beginning of year2022-12-31$2,524,432
Interest on participant loans2022-12-31$9,444
Interest earned on other investments2022-12-31$39,521
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$2,445,153
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$2,456,865
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-2,485,265
Net investment gain/loss from pooled separate accounts2022-12-31$-967,756
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$333,126
Employer contributions (assets) at end of year2022-12-31$0
Employer contributions (assets) at beginning of year2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$765,859
Contract administrator fees2022-12-31$44,094
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31SMOLIN, LUPIN & CO., LLC
Accountancy firm EIN2022-12-31222258733
2021 : MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$3,965,086
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$1,105,275
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$1,020,429
Value of total corrective distributions2021-12-31$768
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,273,362
Value of total assets at end of year2021-12-31$18,825,363
Value of total assets at beginning of year2021-12-31$15,965,552
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$84,078
Total interest from all sources2021-12-31$53,778
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$183,503
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$183,503
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$1,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$976,236
Participant contributions at end of year2021-12-31$238,157
Participant contributions at beginning of year2021-12-31$256,912
Participant contributions at end of year2021-12-31$0
Participant contributions at beginning of year2021-12-31$31,121
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$139,406
Other income not declared elsewhere2021-12-31$8,348
Administrative expenses (other) incurred2021-12-31$84,078
Total non interest bearing cash at end of year2021-12-31$130
Total non interest bearing cash at beginning of year2021-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$2,859,811
Value of net assets at end of year (total assets less liabilities)2021-12-31$18,825,363
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$15,965,552
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$13,605,779
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$11,322,996
Value of interest in pooled separate accounts at end of year2021-12-31$2,524,432
Value of interest in pooled separate accounts at beginning of year2021-12-31$2,549,550
Interest on participant loans2021-12-31$14,230
Interest earned on other investments2021-12-31$39,548
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$2,456,865
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$1,796,088
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$2,023,277
Net investment gain/loss from pooled separate accounts2021-12-31$422,818
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$157,720
Employer contributions (assets) at end of year2021-12-31$0
Employer contributions (assets) at beginning of year2021-12-31$8,885
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$1,020,429
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31SMOLIN, LUPIN & CO., LLC
Accountancy firm EIN2021-12-31222258733
2020 : MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$3,450,590
Total of all expenses incurred2020-12-31$960,138
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$902,445
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,177,742
Value of total assets at end of year2020-12-31$15,965,552
Value of total assets at beginning of year2020-12-31$13,475,100
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$57,693
Total interest from all sources2020-12-31$38,355
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$340,932
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$340,932
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$1,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$932,787
Participant contributions at end of year2020-12-31$256,912
Participant contributions at beginning of year2020-12-31$219,794
Participant contributions at end of year2020-12-31$31,120
Participant contributions at beginning of year2020-12-31$27,757
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$41,201
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$2,490,452
Value of net assets at end of year (total assets less liabilities)2020-12-31$15,965,552
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$13,475,100
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$11,322,997
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$10,381,764
Value of interest in pooled separate accounts at end of year2020-12-31$2,549,550
Value of interest in pooled separate accounts at beginning of year2020-12-31$1,366,162
Interest on participant loans2020-12-31$11,762
Interest earned on other investments2020-12-31$26,593
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$1,796,088
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$1,472,122
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$1,274,555
Net investment gain/loss from pooled separate accounts2020-12-31$619,006
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$203,754
Employer contributions (assets) at end of year2020-12-31$8,885
Employer contributions (assets) at beginning of year2020-12-31$7,501
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$902,445
Contract administrator fees2020-12-31$57,693
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$0
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31SMOLIN LUPIN
Accountancy firm EIN2020-12-31222258733
2019 : MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$3,788,811
Total income from all sources (including contributions)2019-12-31$3,788,811
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$2,012,195
Total of all expenses incurred2019-12-31$2,012,195
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,957,078
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,957,078
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,096,399
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,096,399
Value of total assets at end of year2019-12-31$13,475,100
Value of total assets at end of year2019-12-31$13,475,100
Value of total assets at beginning of year2019-12-31$11,698,484
Value of total assets at beginning of year2019-12-31$11,698,484
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$55,117
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$55,117
Total interest from all sources2019-12-31$32,904
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$184,110
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$184,110
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$184,110
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$1,000,000
Value of fidelity bond cover2019-12-31$1,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$855,588
Contributions received from participants2019-12-31$855,588
Participant contributions at end of year2019-12-31$219,794
Participant contributions at end of year2019-12-31$219,794
Participant contributions at beginning of year2019-12-31$168,116
Participant contributions at beginning of year2019-12-31$168,116
Participant contributions at end of year2019-12-31$27,757
Participant contributions at end of year2019-12-31$27,757
Participant contributions at beginning of year2019-12-31$25,961
Participant contributions at beginning of year2019-12-31$25,961
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$44,675
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$1,776,616
Value of net income/loss2019-12-31$1,776,616
Value of net assets at end of year (total assets less liabilities)2019-12-31$13,475,100
Value of net assets at end of year (total assets less liabilities)2019-12-31$13,475,100
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$11,698,484
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$11,698,484
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$10,381,764
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$10,381,764
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$9,117,550
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$9,117,550
Value of interest in pooled separate accounts at end of year2019-12-31$1,366,162
Value of interest in pooled separate accounts at end of year2019-12-31$1,366,162
Value of interest in pooled separate accounts at beginning of year2019-12-31$1,339,169
Value of interest in pooled separate accounts at beginning of year2019-12-31$1,339,169
Interest on participant loans2019-12-31$9,743
Interest on participant loans2019-12-31$9,743
Interest earned on other investments2019-12-31$23,161
Interest earned on other investments2019-12-31$23,161
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$1,472,122
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$1,472,122
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$1,040,259
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$1,040,259
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$2,475,398
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$2,475,398
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$196,136
Contributions received in cash from employer2019-12-31$196,136
Employer contributions (assets) at end of year2019-12-31$7,501
Employer contributions (assets) at end of year2019-12-31$7,501
Employer contributions (assets) at beginning of year2019-12-31$7,429
Employer contributions (assets) at beginning of year2019-12-31$7,429
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,957,078
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,957,078
Contract administrator fees2019-12-31$55,117
Contract administrator fees2019-12-31$55,117
Liabilities. Value of benefit claims payable at end of year2019-12-31$0
Liabilities. Value of benefit claims payable at end of year2019-12-31$0
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31SMOLIN LUPIN
Accountancy firm name2019-12-31SMOLIN LUPIN
Accountancy firm EIN2019-12-31222258733
Accountancy firm EIN2019-12-31222258733
2018 : MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$334,054
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$545,998
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$491,667
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$968,043
Value of total assets at end of year2018-12-31$11,698,484
Value of total assets at beginning of year2018-12-31$11,910,428
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$54,331
Total interest from all sources2018-12-31$29,489
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$178,560
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$178,560
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$1,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$786,441
Participant contributions at end of year2018-12-31$168,116
Participant contributions at beginning of year2018-12-31$170,957
Participant contributions at end of year2018-12-31$25,961
Participant contributions at beginning of year2018-12-31$28,416
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$0
Administrative expenses (other) incurred2018-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-211,944
Value of net assets at end of year (total assets less liabilities)2018-12-31$11,698,484
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$11,910,428
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$9,117,550
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$9,182,814
Value of interest in pooled separate accounts at end of year2018-12-31$1,339,169
Value of interest in pooled separate accounts at beginning of year2018-12-31$1,275,651
Interest on participant loans2018-12-31$7,899
Interest earned on other investments2018-12-31$21,590
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$1,040,259
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$1,245,699
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-842,038
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31Yes
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$181,602
Employer contributions (assets) at end of year2018-12-31$7,429
Employer contributions (assets) at beginning of year2018-12-31$6,891
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$491,667
Contract administrator fees2018-12-31$54,331
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31SMOLIN LUPIN
Accountancy firm EIN2018-12-31222258733
2017 : MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$3,058,212
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$800,707
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$775,452
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,355,882
Value of total assets at end of year2017-12-31$11,910,428
Value of total assets at beginning of year2017-12-31$9,652,923
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$25,255
Total interest from all sources2017-12-31$23,344
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$123,183
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$123,183
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$1,000,000
If this is an individual account plan, was there a blackout period2017-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$715,207
Participant contributions at end of year2017-12-31$170,957
Participant contributions at beginning of year2017-12-31$180,523
Participant contributions at end of year2017-12-31$28,416
Participant contributions at beginning of year2017-12-31$24,992
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$466,937
Administrative expenses (other) incurred2017-12-31$25,255
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$2,257,505
Value of net assets at end of year (total assets less liabilities)2017-12-31$11,910,428
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$9,652,923
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$9,182,814
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$9,442,524
Value of interest in pooled separate accounts at end of year2017-12-31$1,275,651
Value of interest in pooled separate accounts at beginning of year2017-12-31$0
Interest on participant loans2017-12-31$7,051
Interest earned on other investments2017-12-31$16,293
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$1,245,699
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,369,831
Net investment gain/loss from pooled separate accounts2017-12-31$185,972
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31Yes
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$173,738
Employer contributions (assets) at end of year2017-12-31$6,891
Employer contributions (assets) at beginning of year2017-12-31$4,884
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$775,452
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31Yes
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31SMOLIN LUPIN
Accountancy firm EIN2017-12-31222258733
2016 : MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2016 401k financial data
Unrealized appreciation/depreciation of real estate assets2016-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$0
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Expenses. Interest paid2016-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022016-12-31$0
Total income from all sources (including contributions)2016-12-31$1,660,924
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$974,462
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$972,590
Expenses. Certain deemed distributions of participant loans2016-12-31$0
Value of total corrective distributions2016-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$990,510
Value of total assets at end of year2016-12-31$9,652,923
Value of total assets at beginning of year2016-12-31$8,966,461
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$1,872
Total income from rents2016-12-31$0
Total interest from all sources2016-12-31$5,770
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$102,726
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$102,726
Administrative expenses professional fees incurred2016-12-31$0
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Amount of non-exempt transactions with any party-in-interest2016-12-31$0
Contributions received from participants2016-12-31$726,339
Participant contributions at end of year2016-12-31$180,523
Participant contributions at beginning of year2016-12-31$157,997
Participant contributions at end of year2016-12-31$24,992
Participant contributions at beginning of year2016-12-31$57,516
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$91,182
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$0
Other income not declared elsewhere2016-12-31$134
Administrative expenses (other) incurred2016-12-31$0
Liabilities. Value of operating payables at beginning of year2016-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Income. Non cash contributions2016-12-31$0
Value of net income/loss2016-12-31$686,462
Value of net assets at end of year (total assets less liabilities)2016-12-31$9,652,923
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$8,966,461
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2016-12-31$0
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2016-12-31$0
Investment advisory and management fees2016-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$9,442,524
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$8,739,417
Interest on participant loans2016-12-31$5,770
Income. Interest from loans (other than to participants)2016-12-31$0
Interest earned on other investments2016-12-31$0
Income. Interest from US Government securities2016-12-31$0
Income. Interest from corporate debt instruments2016-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2016-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$561,784
Net investment gain/loss from pooled separate accounts2016-12-31$0
Net investment gain or loss from common/collective trusts2016-12-31$0
Net gain/loss from 103.12 investment entities2016-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31Yes
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$172,989
Employer contributions (assets) at end of year2016-12-31$4,884
Employer contributions (assets) at beginning of year2016-12-31$11,531
Income. Dividends from preferred stock2016-12-31$0
Income. Dividends from common stock2016-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$972,590
Contract administrator fees2016-12-31$1,872
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$0
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$0
Aggregate carrying amount (costs) on sale of assets2016-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2016-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31SMOLIN LUPIN
Accountancy firm EIN2016-12-31222258733
2015 : MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2015 401k financial data
Unrealized appreciation/depreciation of real estate assets2015-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$0
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total transfer of assets to this plan2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Expenses. Interest paid2015-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022015-12-31$0
Total income from all sources (including contributions)2015-12-31$1,133,624
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$2,859,618
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$2,856,943
Expenses. Certain deemed distributions of participant loans2015-12-31$0
Value of total corrective distributions2015-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$1,025,032
Value of total assets at end of year2015-12-31$8,966,461
Value of total assets at beginning of year2015-12-31$10,692,455
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$2,675
Total income from rents2015-12-31$0
Total interest from all sources2015-12-31$5,519
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$82,693
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$82,693
Administrative expenses professional fees incurred2015-12-31$0
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$1,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Amount of non-exempt transactions with any party-in-interest2015-12-31$0
Contributions received from participants2015-12-31$740,823
Participant contributions at end of year2015-12-31$157,997
Participant contributions at beginning of year2015-12-31$153,792
Participant contributions at end of year2015-12-31$57,516
Participant contributions at beginning of year2015-12-31$27,038
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$104,430
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2015-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$0
Other income not declared elsewhere2015-12-31$0
Administrative expenses (other) incurred2015-12-31$693
Liabilities. Value of operating payables at beginning of year2015-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Income. Non cash contributions2015-12-31$0
Value of net income/loss2015-12-31$-1,725,994
Value of net assets at end of year (total assets less liabilities)2015-12-31$8,966,461
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$10,692,455
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2015-12-31$0
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2015-12-31$0
Investment advisory and management fees2015-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$8,739,417
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$10,505,649
Interest on participant loans2015-12-31$5,519
Income. Interest from loans (other than to participants)2015-12-31$0
Interest earned on other investments2015-12-31$0
Income. Interest from US Government securities2015-12-31$0
Income. Interest from corporate debt instruments2015-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2015-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$20,380
Net investment gain/loss from pooled separate accounts2015-12-31$0
Net investment gain or loss from common/collective trusts2015-12-31$0
Net gain/loss from 103.12 investment entities2015-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31Yes
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$179,779
Employer contributions (assets) at end of year2015-12-31$11,531
Employer contributions (assets) at beginning of year2015-12-31$5,976
Income. Dividends from preferred stock2015-12-31$0
Income. Dividends from common stock2015-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$2,856,943
Contract administrator fees2015-12-31$1,982
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$0
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$0
Aggregate carrying amount (costs) on sale of assets2015-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2015-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31SMOLIN LUPIN
Accountancy firm EIN2015-12-31222258733
2014 : MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2014 401k financial data
Unrealized appreciation/depreciation of real estate assets2014-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$0
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total transfer of assets to this plan2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Expenses. Interest paid2014-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022014-12-31$0
Total income from all sources (including contributions)2014-12-31$1,584,085
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$44,951
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$43,982
Expenses. Certain deemed distributions of participant loans2014-12-31$0
Value of total corrective distributions2014-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$901,220
Value of total assets at end of year2014-12-31$10,692,455
Value of total assets at beginning of year2014-12-31$9,153,321
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$969
Total income from rents2014-12-31$0
Total interest from all sources2014-12-31$4,965
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$93,589
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$93,589
Administrative expenses professional fees incurred2014-12-31$0
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$1,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Amount of non-exempt transactions with any party-in-interest2014-12-31$0
Contributions received from participants2014-12-31$721,961
Participant contributions at end of year2014-12-31$153,792
Participant contributions at beginning of year2014-12-31$159,642
Participant contributions at end of year2014-12-31$27,038
Participant contributions at beginning of year2014-12-31$64,713
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2014-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$0
Other income not declared elsewhere2014-12-31$0
Administrative expenses (other) incurred2014-12-31$0
Liabilities. Value of operating payables at beginning of year2014-12-31$0
Total non interest bearing cash at beginning of year2014-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Income. Non cash contributions2014-12-31$0
Value of net income/loss2014-12-31$1,539,134
Value of net assets at end of year (total assets less liabilities)2014-12-31$10,692,455
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$9,153,321
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2014-12-31$0
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2014-12-31$0
Investment advisory and management fees2014-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$10,505,649
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$8,918,217
Interest on participant loans2014-12-31$4,965
Income. Interest from loans (other than to participants)2014-12-31$0
Interest earned on other investments2014-12-31$0
Income. Interest from US Government securities2014-12-31$0
Income. Interest from corporate debt instruments2014-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2014-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$584,311
Net investment gain/loss from pooled separate accounts2014-12-31$0
Net investment gain or loss from common/collective trusts2014-12-31$0
Net gain/loss from 103.12 investment entities2014-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31Yes
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$179,259
Employer contributions (assets) at end of year2014-12-31$5,976
Employer contributions (assets) at beginning of year2014-12-31$10,749
Income. Dividends from preferred stock2014-12-31$0
Income. Dividends from common stock2014-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$43,982
Contract administrator fees2014-12-31$969
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2014-12-31$0
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$0
Aggregate carrying amount (costs) on sale of assets2014-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2014-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31SMOLIN LUPIN & CO., PA
Accountancy firm EIN2014-12-31222258733
2013 : MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2013 401k financial data
Unrealized appreciation/depreciation of real estate assets2013-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$0
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total transfer of assets to this plan2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Expenses. Interest paid2013-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022013-12-31$0
Total income from all sources (including contributions)2013-12-31$2,677,856
Total loss/gain on sale of assets2013-12-31$287,887
Total of all expenses incurred2013-12-31$1,921,107
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$1,888,194
Expenses. Certain deemed distributions of participant loans2013-12-31$0
Value of total corrective distributions2013-12-31$15,104
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$910,678
Value of total assets at end of year2013-12-31$9,153,321
Value of total assets at beginning of year2013-12-31$8,396,572
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$17,809
Total income from rents2013-12-31$0
Total interest from all sources2013-12-31$3,728
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$86,828
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$73,245
Administrative expenses professional fees incurred2013-12-31$0
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$1,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Amount of non-exempt transactions with any party-in-interest2013-12-31$0
Contributions received from participants2013-12-31$659,282
Participant contributions at end of year2013-12-31$159,642
Participant contributions at beginning of year2013-12-31$129,364
Participant contributions at end of year2013-12-31$64,713
Participant contributions at beginning of year2013-12-31$61,948
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$99,130
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2013-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$1,851
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$0
Other income not declared elsewhere2013-12-31$-931
Administrative expenses (other) incurred2013-12-31$16,738
Liabilities. Value of operating payables at beginning of year2013-12-31$0
Total non interest bearing cash at end of year2013-12-31$0
Total non interest bearing cash at beginning of year2013-12-31$69
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Income. Non cash contributions2013-12-31$0
Value of net income/loss2013-12-31$756,749
Value of net assets at end of year (total assets less liabilities)2013-12-31$9,153,321
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$8,396,572
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2013-12-31$0
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2013-12-31$0
Investment advisory and management fees2013-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$8,918,217
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$6,407,418
Interest on participant loans2013-12-31$3,703
Income. Interest from loans (other than to participants)2013-12-31$0
Interest earned on other investments2013-12-31$0
Income. Interest from US Government securities2013-12-31$0
Income. Interest from corporate debt instruments2013-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$5,104
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$5,104
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$25
Expenses. Payments to insurance carriers foe the provision of benefits2013-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$1,389,666
Net investment gain/loss from pooled separate accounts2013-12-31$0
Net investment gain or loss from common/collective trusts2013-12-31$0
Net gain/loss from 103.12 investment entities2013-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31Yes
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$152,266
Employer contributions (assets) at end of year2013-12-31$10,749
Employer contributions (assets) at beginning of year2013-12-31$12,384
Income. Dividends from preferred stock2013-12-31$0
Income. Dividends from common stock2013-12-31$13,583
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$1,888,194
Contract administrator fees2013-12-31$1,071
Assets. Corporate common stocks other than exployer securities at end of year2013-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2013-12-31$1,778,434
Liabilities. Value of benefit claims payable at beginning of year2013-12-31$0
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$2,590,880
Aggregate carrying amount (costs) on sale of assets2013-12-31$2,302,993
Liabilities. Value of acquisition indebtedness at beginning of year2013-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31SMOLIN, LUPIN & CO. P.A.
Accountancy firm EIN2013-12-31222258733
2012 : MEDALLION FUNDING CORP. 401(K) PROFIT SHARING 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$1,596,009
Expenses. Total of all expenses incurred2012-12-31$90,648
Benefits paid (including direct rollovers)2012-12-31$83,925
Total plan assets at end of year2012-12-31$8,396,572
Total plan assets at beginning of year2012-12-31$6,891,211
Value of fidelity bond covering the plan2012-12-31$500,000
Total contributions received or receivable from participants2012-12-31$576,206
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$894,085
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$1,505,361
Net plan assets at end of year (total assets less liabilities)2012-12-31$8,396,572
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$6,891,211
Assets. Value of participant loans2012-12-31$129,364
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2012-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2012-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022012-12-31$127
Total contributions received or receivable from employer(s)2012-12-31$125,718
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$6,127
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$596
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : MEDALLION FUNDING CORP. 401(K) PROFIT SHARING 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$495,597
Expenses. Total of all expenses incurred2011-12-31$113,782
Benefits paid (including direct rollovers)2011-12-31$61,519
Total plan assets at end of year2011-12-31$6,891,211
Total plan assets at beginning of year2011-12-31$6,509,396
Value of fidelity bond covering the plan2011-12-31$500,000
Total contributions received or receivable from participants2011-12-31$523,806
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-143,375
Noncash contributions received2011-12-31$0
Net income (gross income less expenses)2011-12-31$381,815
Net plan assets at end of year (total assets less liabilities)2011-12-31$6,891,211
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$6,509,396
Assets. Value of participant loans2011-12-31$182,332
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2011-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2011-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022011-12-31$127
Total contributions received or receivable from employer(s)2011-12-31$115,166
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$51,536
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$727
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : MEDALLION FUNDING CORP. 401(K) PROFIT SHARING 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$1,387,681
Expenses. Total of all expenses incurred2010-12-31$59,583
Benefits paid (including direct rollovers)2010-12-31$21,067
Total plan assets at end of year2010-12-31$6,509,396
Total plan assets at beginning of year2010-12-31$5,181,298
Value of fidelity bond covering the plan2010-12-31$500,000
Total contributions received or receivable from participants2010-12-31$530,775
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$103,685
Other income received2010-12-31$643,245
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$1,328,098
Net plan assets at end of year (total assets less liabilities)2010-12-31$6,509,396
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$5,181,298
Assets. Value of participant loans2010-12-31$170,752
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2010-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2010-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022010-12-31$0
Total contributions received or receivable from employer(s)2010-12-31$109,976
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$37,909
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$607
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : MEDALLION FUNDING CORP. 401(K) PROFIT SHARING 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 MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN

2022: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING 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 – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING 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 – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedYes
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 – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
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: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
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: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
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: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
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: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
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: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
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: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedYes
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: MEDALLION FUNDING CORP. 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
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

Insurance Providers Used on plan

PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )
Policy contract number075010
Policy instance 1
Insurance contract or identification number075010
Number of Individuals Covered176
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )
Policy contract number075010
Policy instance 1
Insurance contract or identification number075010
Number of Individuals Covered151
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )
Policy contract number075010
Policy instance 1
Insurance contract or identification number075010
Number of Individuals Covered158
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )
Policy contract number075010
Policy instance 1
Insurance contract or identification number075010
Number of Individuals Covered147
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )
Policy contract number075010
Policy instance 1
Insurance contract or identification number075010
Number of Individuals Covered144
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )
Policy contract number075010
Policy instance 1
Insurance contract or identification number075010
Number of Individuals Covered138
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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