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MIBA BEARINGS US 401K PLAN 401k Plan overview

Plan NameMIBA BEARINGS US 401K PLAN
Plan identification number 002

MIBA BEARINGS US 401K PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • 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

MIBA BEARINGS US. LLC has sponsored the creation of one or more 401k plans.

Company Name:MIBA BEARINGS US. LLC
Employer identification number (EIN):311786929
NAIC Classification:331200

Additional information about MIBA BEARINGS US. LLC

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 3407927

More information about MIBA BEARINGS US. LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MIBA BEARINGS US 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01ANGELA AUGENSTEIN2023-06-07
0022021-01-01ANGELA AUGENSTEIN2022-07-05
0022019-01-01DANIEL JONES DANIEL JONES2019-06-24
0022019-01-01AAUGENSTEIN47352020-06-23
0022018-01-01DANIEL JONES DANIEL JONES2019-06-24
0022018-01-01ANGELA AUGENSTEIN2019-06-03
0022017-01-01DANIEL JONES DANIEL JONES2018-06-19
0022016-01-01DANIEL JONES DANIEL JONES2017-07-14
0022015-01-01DANIEL JONES DANIEL JONES2016-09-22
0022014-01-01ALICIA M. SNIDER ALICIA M. SNIDER2015-04-22
0022009-01-01ALICIA SNIDER

Plan Statistics for MIBA BEARINGS US 401K PLAN

401k plan membership statisitcs for MIBA BEARINGS US 401K PLAN

Measure Date Value
2019: MIBA BEARINGS US 401K PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0175
Total number of active participants reported on line 7a of the Form 55002019-01-010
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-010
Number of participants with account balances2019-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: MIBA BEARINGS US 401K PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0180
Total number of active participants reported on line 7a of the Form 55002018-01-0155
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0120
Total of all active and inactive participants2018-01-0175
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0175
Number of participants with account balances2018-01-0174
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-014
2017: MIBA BEARINGS US 401K PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0182
Total number of active participants reported on line 7a of the Form 55002017-01-0157
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0123
Total of all active and inactive participants2017-01-0180
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0180
Number of participants with account balances2017-01-0180
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-011
2016: MIBA BEARINGS US 401K PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0188
Total number of active participants reported on line 7a of the Form 55002016-01-0158
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0124
Total of all active and inactive participants2016-01-0182
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0182
Number of participants with account balances2016-01-0182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-012
2015: MIBA BEARINGS US 401K PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0185
Total number of active participants reported on line 7a of the Form 55002015-01-0162
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0126
Total of all active and inactive participants2015-01-0188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0188
Number of participants with account balances2015-01-0188
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-012
2014: MIBA BEARINGS US 401K PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0183
Total number of active participants reported on line 7a of the Form 55002014-01-0162
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0120
Total of all active and inactive participants2014-01-0182
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0182
Number of participants with account balances2014-01-0182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-014
2009: MIBA BEARINGS US 401K PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0175
Total number of active participants reported on line 7a of the Form 55002009-01-0169
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-013
Total of all active and inactive participants2009-01-0172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0172
Number of participants with account balances2009-01-0150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-011

Financial Data on MIBA BEARINGS US 401K PLAN

Measure Date Value
2019 : MIBA BEARINGS US 401K PLAN 2019 401k financial data
Transfers to/from the plan2019-05-17$-3,259,025
Total plan liabilities at end of year2019-05-17$0
Total plan liabilities at beginning of year2019-05-17$0
Total income from all sources2019-05-17$232,368
Expenses. Total of all expenses incurred2019-05-17$56,184
Benefits paid (including direct rollovers)2019-05-17$49,364
Total plan assets at end of year2019-05-17$0
Total plan assets at beginning of year2019-05-17$3,082,841
Value of fidelity bond covering the plan2019-05-17$500,000
Total contributions received or receivable from participants2019-05-17$0
Expenses. Other expenses not covered elsewhere2019-05-17$310
Contributions received from other sources (not participants or employers)2019-05-17$0
Other income received2019-05-17$232,368
Noncash contributions received2019-05-17$0
Net income (gross income less expenses)2019-05-17$176,184
Net plan assets at end of year (total assets less liabilities)2019-05-17$0
Net plan assets at beginning of year (total assets less liabilities)2019-05-17$3,082,841
Total contributions received or receivable from employer(s)2019-05-17$0
Value of certain deemed distributions of participant loans2019-05-17$0
Value of corrective distributions2019-05-17$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-05-17$6,510
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-05-17$0
2018 : MIBA BEARINGS US 401K PLAN 2018 401k financial data
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$200,518
Expenses. Total of all expenses incurred2018-12-31$234,928
Benefits paid (including direct rollovers)2018-12-31$204,688
Total plan assets at end of year2018-12-31$3,082,841
Total plan assets at beginning of year2018-12-31$3,117,251
Value of fidelity bond covering the plan2018-12-31$500,000
Total contributions received or receivable from participants2018-12-31$0
Expenses. Other expenses not covered elsewhere2018-12-31$1,193
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-43,545
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-34,410
Net plan assets at end of year (total assets less liabilities)2018-12-31$3,082,841
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$3,117,251
Total contributions received or receivable from employer(s)2018-12-31$244,063
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$29,047
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : MIBA BEARINGS US 401K PLAN 2017 401k financial data
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$505,462
Expenses. Total of all expenses incurred2017-12-31$109,055
Benefits paid (including direct rollovers)2017-12-31$80,039
Total plan assets at end of year2017-12-31$3,117,251
Total plan assets at beginning of year2017-12-31$2,720,844
Value of fidelity bond covering the plan2017-12-31$500,000
Total contributions received or receivable from participants2017-12-31$0
Expenses. Other expenses not covered elsewhere2017-12-31$1,225
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$283,941
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$396,407
Net plan assets at end of year (total assets less liabilities)2017-12-31$3,117,251
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$2,720,844
Total contributions received or receivable from employer(s)2017-12-31$221,521
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$27,791
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : MIBA BEARINGS US 401K PLAN 2016 401k financial data
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$320,191
Expenses. Total of all expenses incurred2016-12-31$367,526
Benefits paid (including direct rollovers)2016-12-31$341,479
Total plan assets at end of year2016-12-31$2,720,844
Total plan assets at beginning of year2016-12-31$2,768,179
Value of fidelity bond covering the plan2016-12-31$500,000
Total contributions received or receivable from participants2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$1,263
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$87,405
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$-47,335
Net plan assets at end of year (total assets less liabilities)2016-12-31$2,720,844
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$2,768,179
Total contributions received or receivable from employer(s)2016-12-31$232,786
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$24,784
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : MIBA BEARINGS US 401K PLAN 2015 401k financial data
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$321,120
Expenses. Total of all expenses incurred2015-12-31$38,835
Benefits paid (including direct rollovers)2015-12-31$13,637
Total plan assets at end of year2015-12-31$2,768,179
Total plan assets at beginning of year2015-12-31$2,485,894
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$0
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$43,478
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$282,285
Net plan assets at end of year (total assets less liabilities)2015-12-31$2,768,179
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$2,485,894
Total contributions received or receivable from employer(s)2015-12-31$277,642
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$25,198
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : MIBA BEARINGS US 401K PLAN 2014 401k financial data
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$366,115
Expenses. Total of all expenses incurred2014-12-31$361,830
Benefits paid (including direct rollovers)2014-12-31$337,450
Total plan assets at end of year2014-12-31$2,485,894
Total plan assets at beginning of year2014-12-31$2,481,609
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$0
Expenses. Other expenses not covered elsewhere2014-12-31$1,123
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$101,085
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$4,285
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,485,894
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$2,481,609
Total contributions received or receivable from employer(s)2014-12-31$265,030
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$23,257
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2009 : MIBA BEARINGS US 401K 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 MIBA BEARINGS US 401K PLAN

2019: MIBA BEARINGS US 401K 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 filingYes
2019-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: MIBA BEARINGS US 401K 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 – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MIBA BEARINGS US 401K PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
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 – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: MIBA BEARINGS US 401K PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: MIBA BEARINGS US 401K PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: MIBA BEARINGS US 401K PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2009: MIBA BEARINGS US 401K PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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