?>
Logo

MILWAUKEE DUCTILE DEFINED BENEFIT PLAN 401k Plan overview

Plan NameMILWAUKEE DUCTILE DEFINED BENEFIT PLAN
Plan identification number 002

MILWAUKEE DUCTILE DEFINED BENEFIT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

METAL TECHNOLOGIES INC has sponsored the creation of one or more 401k plans.

Company Name:METAL TECHNOLOGIES INC
Employer identification number (EIN):352068586
NAIC Classification:331500

Additional information about METAL TECHNOLOGIES INC

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 2007-01-03
Company Identification Number: P07000001365
Legal Registered Office Address: 3107 STIRLING ROAD

FORT LAUDERDALE

33312

More information about METAL TECHNOLOGIES INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MILWAUKEE DUCTILE DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022018-01-01
0022016-01-01FRANK STAUDINGER

Plan Statistics for MILWAUKEE DUCTILE DEFINED BENEFIT PLAN

401k plan membership statisitcs for MILWAUKEE DUCTILE DEFINED BENEFIT PLAN

Measure Date Value
2018: MILWAUKEE DUCTILE DEFINED BENEFIT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01248
Total number of active participants reported on line 7a of the Form 55002018-01-01211
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0126
Total of all active and inactive participants2018-01-01237
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01237
Number of participants with account balances2018-01-01181
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-012
2016: MILWAUKEE DUCTILE DEFINED BENEFIT PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01305
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-010
Number of participants with account balances2016-01-010

Financial Data on MILWAUKEE DUCTILE DEFINED BENEFIT PLAN

Measure Date Value
2018 : MILWAUKEE DUCTILE DEFINED BENEFIT PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$2,193
Total unrealized appreciation/depreciation of assets2018-12-31$2,193
Total transfer of assets to this plan2018-12-31$1,106
Total transfer of assets from this plan2018-12-31$1,455,295
Total income from all sources (including contributions)2018-12-31$626,926
Total loss/gain on sale of assets2018-12-31$10,524
Total of all expenses incurred2018-12-31$1,748,347
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$1,744,512
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$757,221
Value of total assets at end of year2018-12-31$2,556,927
Value of total assets at beginning of year2018-12-31$5,132,537
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$3,835
Total interest from all sources2018-12-31$1,301
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$166,316
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$166,316
Administrative expenses professional fees incurred2018-12-31$3,835
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
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$582,861
Participant contributions at end of year2018-12-31$12,988
Participant contributions at beginning of year2018-12-31$126,978
Other income not declared elsewhere2018-12-31$1,352
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-1,121,421
Value of net assets at end of year (total assets less liabilities)2018-12-31$2,556,927
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$5,132,537
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$2,537,934
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$4,633,831
Interest on participant loans2018-12-31$1,301
Value of interest in common/collective trusts at end of year2018-12-31$6,005
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$371,728
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$371,728
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-312,009
Net investment gain or loss from common/collective trusts2018-12-31$28
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 contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$174,360
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$1,744,512
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
Aggregate proceeds on sale of assets2018-12-31$1,803,601
Aggregate carrying amount (costs) on sale of assets2018-12-31$1,793,077
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31CROWE HORWATH LLP
Accountancy firm EIN2018-12-31350921680
2016 : MILWAUKEE DUCTILE DEFINED BENEFIT PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-11-30$-1,861
Total unrealized appreciation/depreciation of assets2016-11-30$-1,861
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-11-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-11-30$0
Total income from all sources (including contributions)2016-11-30$14,303,896
Total loss/gain on sale of assets2016-11-30$1,636,976
Total of all expenses incurred2016-11-30$42,293,318
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-11-30$42,271,778
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-11-30$11,932,225
Value of total assets at end of year2016-11-30$0
Value of total assets at beginning of year2016-11-30$27,989,422
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-11-30$21,540
Total interest from all sources2016-11-30$583,242
Total dividends received (eg from common stock, registered investment company shares)2016-11-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-11-30Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2016-11-30$0
Administrative expenses professional fees incurred2016-11-30$21,540
Was this plan covered by a fidelity bond2016-11-30Yes
Value of fidelity bond cover2016-11-30$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-11-30$0
Were there any nonexempt tranactions with any party-in-interest2016-11-30No
Assets. Other investments not covered elsewhere at end of year2016-11-30$0
Assets. Other investments not covered elsewhere at beginning of year2016-11-30$1,616,774
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-11-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-11-30$268,199
Other income not declared elsewhere2016-11-30$153,314
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-11-30No
Value of net income/loss2016-11-30$-27,989,422
Value of net assets at end of year (total assets less liabilities)2016-11-30$0
Value of net assets at beginning of year (total assets less liabilities)2016-11-30$27,989,422
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-11-30No
Were any loans by the plan or fixed income obligations due to the plan in default2016-11-30No
Were any leases to which the plan was party in default or uncollectible2016-11-30No
Interest earned on other investments2016-11-30$583,242
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-11-30$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-11-30$96,290
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-11-30$96,290
Expenses. Payments to insurance carriers foe the provision of benefits2016-11-30$18,504,547
Asset value of US Government securities at end of year2016-11-30$0
Asset value of US Government securities at beginning of year2016-11-30$9,790,683
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-11-30Yes
Was there a failure to transmit to the plan any participant contributions2016-11-30No
Has the plan failed to provide any benefit when due under the plan2016-11-30No
Contributions received in cash from employer2016-11-30$11,932,225
Employer contributions (assets) at end of year2016-11-30$0
Employer contributions (assets) at beginning of year2016-11-30$973,265
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-11-30$23,767,231
Asset. Corporate debt instrument debt (other) at end of year2016-11-30$0
Asset. Corporate debt instrument debt (other) at beginning of year2016-11-30$15,244,211
Did the plan have assets held for investment2016-11-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-11-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-11-30Yes
Aggregate proceeds on sale of assets2016-11-30$69,079,275
Aggregate carrying amount (costs) on sale of assets2016-11-30$67,442,299
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-11-30Yes
Opinion of an independent qualified public accountant for this plan2016-11-30Disclaimer
Accountancy firm name2016-11-30CROWE HORWATH LLP
Accountancy firm EIN2016-11-30350921680

Form 5500 Responses for MILWAUKEE DUCTILE DEFINED BENEFIT PLAN

2018: MILWAUKEE DUCTILE DEFINED BENEFIT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2016: MILWAUKEE DUCTILE DEFINED BENEFIT 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 filingYes
2016-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2016-01-01Plan is a collectively bargained planYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3