MITSUBISHI GAS CHEMICAL AMERICA, INC. has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2022 : MGC GROUP 401(K) PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $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 | $-110,522 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $1,072,680 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $922,496 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $2,689 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,530,043 |
Value of total assets at end of year | 2022-12-31 | $10,223,724 |
Value of total assets at beginning of year | 2022-12-31 | $11,406,926 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $147,495 |
Total interest from all sources | 2022-12-31 | $10,895 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $272,219 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $272,219 |
Administrative expenses professional fees incurred | 2022-12-31 | $147,495 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $959,120 |
Participant contributions at end of year | 2022-12-31 | $187,710 |
Participant contributions at beginning of year | 2022-12-31 | $155,296 |
Participant contributions at end of year | 2022-12-31 | $0 |
Participant contributions at beginning of year | 2022-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $102,130 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-1,183,202 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $10,223,724 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $11,406,926 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $9,577,450 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $10,983,683 |
Interest on participant loans | 2022-12-31 | $7,466 |
Interest earned on other investments | 2022-12-31 | $3,429 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $458,564 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $267,947 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,923,679 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $468,793 |
Employer contributions (assets) at end of year | 2022-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $922,496 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | CDH CPA |
Accountancy firm EIN | 2022-12-31 | 364105119 |
2021 : MGC GROUP 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $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 | $2,801,939 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $3,248,467 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $3,071,462 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $3,311 |
Value of total corrective distributions | 2021-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,389,962 |
Value of total assets at end of year | 2021-12-31 | $11,406,926 |
Value of total assets at beginning of year | 2021-12-31 | $11,853,454 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $173,694 |
Total interest from all sources | 2021-12-31 | $12,855 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $425,738 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $425,738 |
Administrative expenses professional fees incurred | 2021-12-31 | $173,694 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $874,416 |
Participant contributions at end of year | 2021-12-31 | $155,296 |
Participant contributions at beginning of year | 2021-12-31 | $197,539 |
Participant contributions at end of year | 2021-12-31 | $0 |
Participant contributions at beginning of year | 2021-12-31 | $7,373 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $72,831 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $-446,528 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $11,406,926 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $11,853,454 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $10,983,683 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $11,379,146 |
Interest on participant loans | 2021-12-31 | $9,745 |
Interest earned on other investments | 2021-12-31 | $3,110 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $267,947 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $266,025 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $973,384 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $442,715 |
Employer contributions (assets) at end of year | 2021-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $3,371 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $3,071,462 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | CDH CPA |
Accountancy firm EIN | 2021-12-31 | 364105119 |
2020 : MGC GROUP 401(K) PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
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 | $2,676,802 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $2,055,775 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $2,000,220 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $1,676 |
Value of total corrective distributions | 2020-12-31 | $245 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,434,959 |
Value of total assets at end of year | 2020-12-31 | $11,853,454 |
Value of total assets at beginning of year | 2020-12-31 | $11,232,427 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $53,634 |
Total interest from all sources | 2020-12-31 | $21,088 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $264,780 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $264,780 |
Administrative expenses professional fees incurred | 2020-12-31 | $53,634 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $814,609 |
Participant contributions at end of year | 2020-12-31 | $197,539 |
Participant contributions at beginning of year | 2020-12-31 | $258,238 |
Participant contributions at end of year | 2020-12-31 | $7,373 |
Participant contributions at beginning of year | 2020-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $177,371 |
Other income not declared elsewhere | 2020-12-31 | $-4,329 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $621,027 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $11,853,454 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $11,232,427 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $11,379,146 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $10,660,280 |
Interest on participant loans | 2020-12-31 | $14,519 |
Interest earned on other investments | 2020-12-31 | $6,569 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $266,025 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $313,909 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $960,304 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $442,979 |
Employer contributions (assets) at end of year | 2020-12-31 | $3,371 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $2,000,220 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | BORIS BENIC AND ASSOCIATES LLP |
Accountancy firm EIN | 2020-12-31 | 542190047 |
2019 : MGC GROUP 401(K) PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 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 income from all sources (including contributions) | 2019-12-31 | $2,992,537 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $375,438 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $360,326 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $8,799 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,019,164 |
Value of total assets at end of year | 2019-12-31 | $11,232,427 |
Value of total assets at beginning of year | 2019-12-31 | $8,615,328 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $6,313 |
Total interest from all sources | 2019-12-31 | $15,042 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $72 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $72 |
Administrative expenses professional fees incurred | 2019-12-31 | $6,313 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $659,421 |
Participant contributions at end of year | 2019-12-31 | $258,238 |
Participant contributions at beginning of year | 2019-12-31 | $285,876 |
Participant contributions at end of year | 2019-12-31 | $0 |
Participant contributions at beginning of year | 2019-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $2,617,099 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $11,232,427 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $8,615,328 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $10,660,280 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $8,022,590 |
Interest on participant loans | 2019-12-31 | $15,042 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $313,909 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $306,862 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $1,958,259 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $359,743 |
Employer contributions (assets) at end of year | 2019-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $360,326 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | BORIS BENIC AND ASSOCIATES LLP |
Accountancy firm EIN | 2019-12-31 | 542190047 |
2018 : MGC GROUP 401(K) PLAN 2018 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2018-12-31 | $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 | $802,524 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $309,285 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $301,764 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $1,437,946 |
Value of total assets at end of year | 2018-12-31 | $8,615,328 |
Value of total assets at beginning of year | 2018-12-31 | $8,122,089 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $7,521 |
Total interest from all sources | 2018-12-31 | $17,580 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Administrative expenses professional fees incurred | 2018-12-31 | $7,521 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $646,679 |
Participant contributions at end of year | 2018-12-31 | $285,876 |
Participant contributions at beginning of year | 2018-12-31 | $225,999 |
Participant contributions at end of year | 2018-12-31 | $0 |
Participant contributions at beginning of year | 2018-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $451,864 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $493,239 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $8,615,328 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $8,122,089 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $8,022,590 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $7,627,860 |
Interest on participant loans | 2018-12-31 | $13,413 |
Interest earned on other investments | 2018-12-31 | $4,167 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $306,862 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $268,230 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-653,002 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $339,403 |
Employer contributions (assets) at end of year | 2018-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $301,764 |
Did the plan have assets held for investment | 2018-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | BORIS BENIC AND ASSOCIATES LLP |
Accountancy firm EIN | 2018-12-31 | 542190047 |
2017 : MGC GROUP 401(K) PLAN 2017 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2017-12-31 | $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 | $2,146,942 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $540,619 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $492,846 |
Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $41,832 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $943,267 |
Value of total assets at end of year | 2017-12-31 | $8,122,089 |
Value of total assets at beginning of year | 2017-12-31 | $6,515,766 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $5,941 |
Total interest from all sources | 2017-12-31 | $15,358 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Administrative expenses professional fees incurred | 2017-12-31 | $5,941 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $605,316 |
Participant contributions at end of year | 2017-12-31 | $225,999 |
Participant contributions at beginning of year | 2017-12-31 | $215,004 |
Participant contributions at end of year | 2017-12-31 | $0 |
Participant contributions at beginning of year | 2017-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $33,570 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $1,606,323 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $8,122,089 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $6,515,766 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $7,627,860 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $6,030,270 |
Interest on participant loans | 2017-12-31 | $11,952 |
Interest earned on other investments | 2017-12-31 | $3,406 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $268,230 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $270,492 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $1,188,317 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $304,381 |
Employer contributions (assets) at end of year | 2017-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $492,846 |
Did the plan have assets held for investment | 2017-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | BORIS BENIC AND ASSOCIATES LLP |
Accountancy firm EIN | 2017-12-31 | 542190047 |
2016 : MGC GROUP 401(K) PLAN 2016 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2016-12-31 | $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 |
Total income from all sources (including contributions) | 2016-12-31 | $1,278,464 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $925,290 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $919,937 |
Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $816,351 |
Value of total assets at end of year | 2016-12-31 | $6,515,766 |
Value of total assets at beginning of year | 2016-12-31 | $6,162,592 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $5,353 |
Total interest from all sources | 2016-12-31 | $19,646 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Administrative expenses professional fees incurred | 2016-12-31 | $5,353 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $506,375 |
Participant contributions at end of year | 2016-12-31 | $215,004 |
Participant contributions at beginning of year | 2016-12-31 | $231,205 |
Participant contributions at end of year | 2016-12-31 | $0 |
Participant contributions at beginning of year | 2016-12-31 | $1,247 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $51,524 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $353,174 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $6,515,766 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $6,162,592 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $6,030,270 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $5,636,432 |
Interest on participant loans | 2016-12-31 | $15,965 |
Interest earned on other investments | 2016-12-31 | $3,681 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $270,492 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $293,314 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $442,467 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $258,452 |
Employer contributions (assets) at end of year | 2016-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $394 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $919,937 |
Did the plan have assets held for investment | 2016-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | BORIS BENIC AND ASSOCIATES LLP |
Accountancy firm EIN | 2016-12-31 | 542190047 |