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MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 401k Plan overview

Plan NameMAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN
Plan identification number 003

MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

MAGID GLOVE & SAFETY MANUFACTURING COMPANY, LLC has sponsored the creation of one or more 401k plans.

Company Name:MAGID GLOVE & SAFETY MANUFACTURING COMPANY, LLC
Employer identification number (EIN):364057654
NAIC Classification:339900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01
0032021-01-01
0032020-01-01
0032019-01-01
0032018-01-01
0032017-01-01SCOTT CONIDI
0032016-01-01SCOTT CONIDI
0032015-01-01SCOTT CONIDI
0032014-01-01SCOTT CONIDI
0032013-01-01SCOTT CONIDI
0032012-01-01SCOTT CONIDI
0032011-01-01SCOTT CONIDI
0032009-01-01SCOTT CONIDI

Plan Statistics for MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN

401k plan membership statisitcs for MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN

Measure Date Value
2022: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01743
Total number of active participants reported on line 7a of the Form 55002022-01-01673
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0192
Total of all active and inactive participants2022-01-01765
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-012
Total participants2022-01-01767
Number of participants with account balances2022-01-01537
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0146
2021: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01690
Total number of active participants reported on line 7a of the Form 55002021-01-01658
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0185
Total of all active and inactive participants2021-01-01743
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01743
Number of participants with account balances2021-01-01534
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0137
2020: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01683
Total number of active participants reported on line 7a of the Form 55002020-01-01621
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0167
Total of all active and inactive participants2020-01-01688
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-012
Total participants2020-01-01690
Number of participants with account balances2020-01-01527
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0132
2019: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01702
Total number of active participants reported on line 7a of the Form 55002019-01-01626
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0156
Total of all active and inactive participants2019-01-01682
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011
Total participants2019-01-01683
Number of participants with account balances2019-01-01531
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0129
2018: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01761
Total number of active participants reported on line 7a of the Form 55002018-01-01593
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-01109
Total of all active and inactive participants2018-01-01702
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01702
Number of participants with account balances2018-01-01569
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0142
2017: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01673
Total number of active participants reported on line 7a of the Form 55002017-01-01564
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-01188
Total of all active and inactive participants2017-01-01752
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01752
Number of participants with account balances2017-01-01632
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0152
2016: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01619
Total number of active participants reported on line 7a of the Form 55002016-01-01528
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-01145
Total of all active and inactive participants2016-01-01673
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01673
Number of participants with account balances2016-01-01592
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0143
2015: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01585
Total number of active participants reported on line 7a of the Form 55002015-01-01510
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-01109
Total of all active and inactive participants2015-01-01619
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01619
Number of participants with account balances2015-01-01555
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0136
2014: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01477
Total number of active participants reported on line 7a of the Form 55002014-01-01470
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0173
Total of all active and inactive participants2014-01-01543
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01543
Number of participants with account balances2014-01-01477
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0124
2013: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01474
Total number of active participants reported on line 7a of the Form 55002013-01-01428
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0149
Total of all active and inactive participants2013-01-01477
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01477
Number of participants with account balances2013-01-01427
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0113
2012: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01435
Total number of active participants reported on line 7a of the Form 55002012-01-01434
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0140
Total of all active and inactive participants2012-01-01474
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01474
Number of participants with account balances2012-01-01418
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-019
2011: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01404
Total number of active participants reported on line 7a of the Form 55002011-01-01396
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0139
Total of all active and inactive participants2011-01-01435
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01435
Number of participants with account balances2011-01-01398
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-019
2009: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01377
Total number of active participants reported on line 7a of the Form 55002009-01-01359
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0147
Total of all active and inactive participants2009-01-01406
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01406
Number of participants with account balances2009-01-01370
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0112

Financial Data on MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN

Measure Date Value
2022 : MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND 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$31,881
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$35,167
Total income from all sources (including contributions)2022-12-31$-4,564,618
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$7,351,644
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$7,226,783
Value of total corrective distributions2022-12-31$36,437
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$4,098,317
Value of total assets at end of year2022-12-31$46,687,482
Value of total assets at beginning of year2022-12-31$58,607,030
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$88,424
Total interest from all sources2022-12-31$87,727
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$891,101
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$891,101
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
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$2,135,558
Participant contributions at end of year2022-12-31$732,858
Participant contributions at beginning of year2022-12-31$821,103
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$94,687
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$31,881
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$35,167
Other income not declared elsewhere2022-12-31$0
Administrative expenses (other) incurred2022-12-31$3,375
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-11,916,262
Value of net assets at end of year (total assets less liabilities)2022-12-31$46,655,601
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$58,571,863
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$85,049
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$40,012,235
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$51,607,537
Interest on participant loans2022-12-31$27,215
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$4,074,317
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$4,277,298
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$4,277,298
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$60,512
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-9,641,763
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 contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$1,868,072
Employer contributions (assets) at end of year2022-12-31$1,868,072
Employer contributions (assets) at beginning of year2022-12-31$1,901,092
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$7,226,783
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 name2022-12-31WIPFLI LLP
Accountancy firm EIN2022-12-31390758449
2021 : MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND 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$35,167
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$10,504
Total income from all sources (including contributions)2021-12-31$11,179,298
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$7,145,375
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$7,012,893
Value of total corrective distributions2021-12-31$36,424
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$4,083,662
Value of total assets at end of year2021-12-31$58,607,030
Value of total assets at beginning of year2021-12-31$54,548,444
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$96,058
Total interest from all sources2021-12-31$24,769
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$2,216,416
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$2,216,416
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
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$2,014,370
Participant contributions at end of year2021-12-31$821,103
Participant contributions at beginning of year2021-12-31$615,660
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$168,200
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$35,167
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$10,504
Other income not declared elsewhere2021-12-31$0
Administrative expenses (other) incurred2021-12-31$2,475
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$4,033,923
Value of net assets at end of year (total assets less liabilities)2021-12-31$58,571,863
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$54,537,940
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
Investment advisory and management fees2021-12-31$93,583
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$51,607,537
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$47,354,485
Interest on participant loans2021-12-31$24,162
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$4,277,298
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$4,504,366
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$4,504,366
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$607
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$4,854,451
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 contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$1,901,092
Employer contributions (assets) at end of year2021-12-31$1,901,092
Employer contributions (assets) at beginning of year2021-12-31$2,073,933
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$7,012,893
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 name2021-12-31WIPFLI LLP
Accountancy firm EIN2021-12-31390758449
2020 : MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$10,504
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$10,190,589
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$1,775,999
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$1,663,381
Value of total corrective distributions2020-12-31$33,325
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$4,166,595
Value of total assets at end of year2020-12-31$54,548,444
Value of total assets at beginning of year2020-12-31$46,123,350
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$79,293
Total interest from all sources2020-12-31$47,633
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$848,545
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$848,545
Administrative expenses professional fees incurred2020-12-31$4,260
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
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$1,775,430
Participant contributions at end of year2020-12-31$615,660
Participant contributions at beginning of year2020-12-31$718,321
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$317,232
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$10,504
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$0
Administrative expenses (other) incurred2020-12-31$900
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$8,414,590
Value of net assets at end of year (total assets less liabilities)2020-12-31$54,537,940
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$46,123,350
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
Investment advisory and management fees2020-12-31$74,133
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$47,354,485
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$39,951,776
Interest on participant loans2020-12-31$28,475
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$4,504,366
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$3,645,026
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$3,645,026
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$19,158
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$5,127,816
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 contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$2,073,933
Employer contributions (assets) at end of year2020-12-31$2,073,933
Employer contributions (assets) at beginning of year2020-12-31$1,808,227
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$1,663,381
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 plan2020-12-31Unqualified
Accountancy firm name2020-12-31WIPFLI LLP
Accountancy firm EIN2020-12-31390758449
2019 : MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2019 401k financial data
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 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$11,302,302
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$3,595,851
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$3,504,268
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$3,700,662
Value of total assets at end of year2019-12-31$46,123,350
Value of total assets at beginning of year2019-12-31$38,416,899
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$91,583
Total interest from all sources2019-12-31$62,135
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$983,211
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$983,211
Administrative expenses professional fees incurred2019-12-31$8,415
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
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
Contributions received from participants2019-12-31$1,714,100
Participant contributions at end of year2019-12-31$718,321
Participant contributions at beginning of year2019-12-31$734,147
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$178,335
Administrative expenses (other) incurred2019-12-31$64,908
Total non interest bearing cash at end of year2019-12-31$0
Total non interest bearing cash at beginning of year2019-12-31$9,598
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$7,706,451
Value of net assets at end of year (total assets less liabilities)2019-12-31$46,123,350
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$38,416,899
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 leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$18,260
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$39,951,776
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$31,879,935
Interest on participant loans2019-12-31$34,638
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$3,645,026
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$4,213,590
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$4,213,590
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$27,497
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$6,556,294
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 contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$1,808,227
Employer contributions (assets) at end of year2019-12-31$1,808,227
Employer contributions (assets) at beginning of year2019-12-31$1,579,629
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$3,504,268
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
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
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31WIPFLI LLP
Accountancy firm EIN2019-12-31390758449
2018 : MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND 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$1,401,970
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$5,615,947
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$5,521,842
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$3,016,138
Value of total assets at end of year2018-12-31$38,416,899
Value of total assets at beginning of year2018-12-31$42,630,876
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$94,105
Total interest from all sources2018-12-31$27,956
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 year2018-12-31No
Administrative expenses professional fees incurred2018-12-31$14,945
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$1,406,934
Participant contributions at end of year2018-12-31$734,147
Participant contributions at beginning of year2018-12-31$658,611
Participant contributions at end of year2018-12-31$0
Participant contributions at beginning of year2018-12-31$5,251
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$29,575
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$192
Administrative expenses (other) incurred2018-12-31$22
Total non interest bearing cash at end of year2018-12-31$9,598
Total non interest bearing cash at beginning of year2018-12-31$87,097
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-4,213,977
Value of net assets at end of year (total assets less liabilities)2018-12-31$38,416,899
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$42,630,876
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
Investment advisory and management fees2018-12-31$69,968
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$31,879,935
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$31,855,485
Income. Interest from loans (other than to participants)2018-12-31$27,956
Value of interest in common/collective trusts at end of year2018-12-31$0
Value of interest in common/collective trusts at beginning of year2018-12-31$4,469,724
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$4,213,590
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$4,114,740
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$4,114,740
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-1,642,124
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$1,579,629
Employer contributions (assets) at end of year2018-12-31$1,579,629
Employer contributions (assets) at beginning of year2018-12-31$1,439,776
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$5,521,842
Contract administrator fees2018-12-31$9,170
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 name2018-12-31WIPFLI LLP
Accountancy firm EIN2018-12-31390758449
2017 : MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND 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$8,986,006
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$4,293,922
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$4,209,581
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$3,405,488
Value of total assets at end of year2017-12-31$42,630,876
Value of total assets at beginning of year2017-12-31$37,938,792
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$84,341
Total interest from all sources2017-12-31$19,228
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 year2017-12-31No
Administrative expenses professional fees incurred2017-12-31$11,930
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
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$1,411,110
Participant contributions at end of year2017-12-31$658,611
Participant contributions at beginning of year2017-12-31$629,223
Participant contributions at end of year2017-12-31$5,251
Participant contributions at beginning of year2017-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$554,602
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$192
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$0
Administrative expenses (other) incurred2017-12-31$496
Total non interest bearing cash at end of year2017-12-31$87,097
Total non interest bearing cash at beginning of year2017-12-31$181,815
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$4,692,084
Value of net assets at end of year (total assets less liabilities)2017-12-31$42,630,876
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$37,938,792
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
Investment advisory and management fees2017-12-31$65,354
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$31,855,485
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$28,092,581
Interest on participant loans2017-12-31$19,228
Value of interest in common/collective trusts at end of year2017-12-31$4,469,724
Value of interest in common/collective trusts at beginning of year2017-12-31$3,794,945
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$4,114,740
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$3,829,516
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$3,829,516
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$4,766,676
Net investment gain or loss from common/collective trusts2017-12-31$794,614
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 contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$1,439,776
Employer contributions (assets) at end of year2017-12-31$1,439,776
Employer contributions (assets) at beginning of year2017-12-31$1,410,712
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$4,209,581
Contract administrator fees2017-12-31$6,561
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 name2017-12-31WIPFLI LLP
Accountancy firm EIN2017-12-31390758449
2016 : MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$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$1,399
Total income from all sources (including contributions)2016-12-31$5,381,718
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$2,117,771
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$2,049,426
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$3,042,433
Value of total assets at end of year2016-12-31$37,938,792
Value of total assets at beginning of year2016-12-31$34,676,244
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$68,345
Total interest from all sources2016-12-31$18,446
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 year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
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
Contributions received from participants2016-12-31$1,333,461
Participant contributions at end of year2016-12-31$629,223
Participant contributions at beginning of year2016-12-31$572,398
Participant contributions at end of year2016-12-31$0
Participant contributions at beginning of year2016-12-31$5,191
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$297,580
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$209
Administrative expenses (other) incurred2016-12-31$405
Total non interest bearing cash at end of year2016-12-31$181,815
Total non interest bearing cash at beginning of year2016-12-31$1,166
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
Value of net income/loss2016-12-31$3,263,947
Value of net assets at end of year (total assets less liabilities)2016-12-31$37,938,792
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$34,674,845
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
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$58,965
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$28,092,581
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$24,961,104
Interest on participant loans2016-12-31$18,446
Value of interest in common/collective trusts at end of year2016-12-31$3,794,945
Value of interest in common/collective trusts at beginning of year2016-12-31$4,446,482
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$3,829,516
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$3,216,119
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$3,216,119
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$1,957,258
Net investment gain or loss from common/collective trusts2016-12-31$363,581
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 contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$1,411,392
Employer contributions (assets) at end of year2016-12-31$1,410,712
Employer contributions (assets) at beginning of year2016-12-31$1,473,575
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$2,049,426
Contract administrator fees2016-12-31$8,975
Liabilities. Value of benefit claims payable at end of year2016-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$1,399
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
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 name2016-12-31WIPFLI LLP
Accountancy firm EIN2016-12-31390758449
2015 : MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$1,399
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$554
Total income from all sources (including contributions)2015-12-31$2,608,518
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$4,130,444
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$4,056,230
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$2,889,715
Value of total assets at end of year2015-12-31$34,676,244
Value of total assets at beginning of year2015-12-31$36,197,325
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$74,214
Total interest from all sources2015-12-31$16,295
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Administrative expenses professional fees incurred2015-12-31$3,760
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
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
Contributions received from participants2015-12-31$1,268,941
Participant contributions at end of year2015-12-31$572,398
Participant contributions at beginning of year2015-12-31$471,705
Participant contributions at end of year2015-12-31$5,191
Participant contributions at beginning of year2015-12-31$125,092
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$99,447
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$209
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$417
Administrative expenses (other) incurred2015-12-31$317
Liabilities. Value of operating payables at end of year2015-12-31$0
Liabilities. Value of operating payables at beginning of year2015-12-31$270
Total non interest bearing cash at end of year2015-12-31$1,166
Total non interest bearing cash at beginning of year2015-12-31$7,626
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-1,521,926
Value of net assets at end of year (total assets less liabilities)2015-12-31$34,674,845
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$36,196,771
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
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$60,047
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$24,961,104
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$26,032,673
Interest on participant loans2015-12-31$16,295
Value of interest in common/collective trusts at end of year2015-12-31$4,446,482
Value of interest in common/collective trusts at beginning of year2015-12-31$4,256,358
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$3,216,119
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$3,813,276
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$3,813,276
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-297,492
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 contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$1,521,327
Employer contributions (assets) at end of year2015-12-31$1,473,575
Employer contributions (assets) at beginning of year2015-12-31$1,490,178
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$4,056,230
Contract administrator fees2015-12-31$10,090
Liabilities. Value of benefit claims payable at end of year2015-12-31$1,399
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$284
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
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 name2015-12-31WIPFLI LLP
Accountancy firm EIN2015-12-31390758449
2014 : MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$554
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$12,210
Total income from all sources (including contributions)2014-12-31$5,043,599
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$4,221,301
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$4,145,668
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$2,756,345
Value of total assets at end of year2014-12-31$36,197,325
Value of total assets at beginning of year2014-12-31$35,386,683
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$75,633
Total interest from all sources2014-12-31$18,927
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Administrative expenses professional fees incurred2014-12-31$7,967
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
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
Contributions received from participants2014-12-31$1,157,975
Participant contributions at end of year2014-12-31$471,705
Participant contributions at beginning of year2014-12-31$545,293
Participant contributions at end of year2014-12-31$125,092
Participant contributions at beginning of year2014-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$107,028
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$417
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$0
Administrative expenses (other) incurred2014-12-31$60
Liabilities. Value of operating payables at end of year2014-12-31$270
Liabilities. Value of operating payables at beginning of year2014-12-31$0
Total non interest bearing cash at end of year2014-12-31$7,626
Total non interest bearing cash at beginning of year2014-12-31$3,047
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$822,298
Value of net assets at end of year (total assets less liabilities)2014-12-31$36,196,771
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$35,374,473
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
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$58,904
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$26,032,673
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$25,909,458
Interest on participant loans2014-12-31$18,927
Value of interest in common/collective trusts at end of year2014-12-31$4,256,358
Value of interest in common/collective trusts at beginning of year2014-12-31$3,659,653
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$3,813,276
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$3,930,022
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$3,930,022
Asset value of US Government securities at end of year2014-12-31$0
Asset value of US Government securities at beginning of year2014-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$2,268,327
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 contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$1,491,342
Employer contributions (assets) at end of year2014-12-31$1,490,178
Employer contributions (assets) at beginning of year2014-12-31$1,339,210
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$4,145,668
Asset. Corporate debt instrument debt (other) at end of year2014-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2014-12-31$0
Contract administrator fees2014-12-31$8,702
Assets. Corporate common stocks other than exployer securities at end of year2014-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$0
Liabilities. Value of benefit claims payable at end of year2014-12-31$284
Liabilities. Value of benefit claims payable at beginning of year2014-12-31$12,210
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
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 name2014-12-31WELTMAN BERNFIELD LLC
Accountancy firm EIN2014-12-31364119553
2013 : MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$12,210
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$898
Total income from all sources (including contributions)2013-12-31$6,300,843
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$2,831,922
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$2,709,148
Value of total corrective distributions2013-12-31$9,266
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$2,363,041
Value of total assets at end of year2013-12-31$35,386,683
Value of total assets at beginning of year2013-12-31$31,906,450
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$113,508
Total interest from all sources2013-12-31$1,156,914
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Administrative expenses professional fees incurred2013-12-31$4,080
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
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
Contributions received from participants2013-12-31$967,478
Participant contributions at end of year2013-12-31$545,293
Participant contributions at beginning of year2013-12-31$556,216
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$56,353
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$12,546
Administrative expenses (other) incurred2013-12-31$280
Total non interest bearing cash at end of year2013-12-31$3,047
Total non interest bearing cash at beginning of year2013-12-31$69,550
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
Value of net income/loss2013-12-31$3,468,921
Value of net assets at end of year (total assets less liabilities)2013-12-31$35,374,473
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$31,905,552
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
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$105,911
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$25,909,458
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$4,914,277
Interest on participant loans2013-12-31$21,064
Value of interest in common/collective trusts at end of year2013-12-31$3,659,653
Value of interest in common/collective trusts at beginning of year2013-12-31$596,752
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$3,930,022
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$2,067,717
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$2,067,717
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$1,135,850
Asset value of US Government securities at end of year2013-12-31$0
Asset value of US Government securities at beginning of year2013-12-31$5,138,560
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$2,780,888
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 contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$1,339,210
Employer contributions (assets) at end of year2013-12-31$1,339,210
Employer contributions (assets) at beginning of year2013-12-31$1,192,471
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$2,709,148
Asset. Corporate debt instrument debt (other) at end of year2013-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2013-12-31$3,753,388
Contract administrator fees2013-12-31$3,237
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$13,604,973
Liabilities. Value of benefit claims payable at end of year2013-12-31$12,210
Liabilities. Value of benefit claims payable at beginning of year2013-12-31$898
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
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31WELTMAN BERNFIELD LLC
Accountancy firm EIN2013-12-31364119553
2012 : MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$898
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$1,794
Total income from all sources (including contributions)2012-12-31$5,356,619
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$3,054,062
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$2,928,171
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$2,283,089
Value of total assets at end of year2012-12-31$31,906,450
Value of total assets at beginning of year2012-12-31$29,604,789
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$125,891
Total interest from all sources2012-12-31$890,665
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Administrative expenses professional fees incurred2012-12-31$5,110
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$890,132
Participant contributions at end of year2012-12-31$556,216
Participant contributions at beginning of year2012-12-31$612,300
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$64,493
Assets. Other investments not covered elsewhere at end of year2012-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2012-12-31$250,918
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$200,486
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$12,546
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$20,956
Administrative expenses (other) incurred2012-12-31$480
Total non interest bearing cash at end of year2012-12-31$69,550
Total non interest bearing cash at beginning of year2012-12-31$100
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$2,302,557
Value of net assets at end of year (total assets less liabilities)2012-12-31$31,905,552
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$29,602,995
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$117,886
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$4,914,277
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$3,926,534
Interest on participant loans2012-12-31$22,085
Value of interest in common/collective trusts at end of year2012-12-31$596,752
Value of interest in common/collective trusts at beginning of year2012-12-31$483,351
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$2,067,717
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$1,890,606
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$1,890,606
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$868,580
Asset value of US Government securities at end of year2012-12-31$5,138,560
Asset value of US Government securities at beginning of year2012-12-31$6,582,145
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$2,182,865
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31Yes
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$1,192,471
Employer contributions (assets) at end of year2012-12-31$1,192,471
Employer contributions (assets) at beginning of year2012-12-31$909,746
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$2,928,171
Asset. Corporate debt instrument debt (other) at end of year2012-12-31$3,753,388
Asset. Corporate debt instrument debt (other) at beginning of year2012-12-31$3,260,128
Contract administrator fees2012-12-31$2,415
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$13,604,973
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$11,603,512
Liabilities. Value of benefit claims payable at end of year2012-12-31$898
Liabilities. Value of benefit claims payable at beginning of year2012-12-31$1,794
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31WELTMAN BERNFIELD LLC
Accountancy firm EIN2012-12-31364119553
2011 : MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$1,794
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$3,860
Total income from all sources (including contributions)2011-12-31$2,223,087
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$2,805,334
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$2,693,214
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$1,726,185
Value of total assets at end of year2011-12-31$29,604,789
Value of total assets at beginning of year2011-12-31$30,189,102
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$112,120
Total interest from all sources2011-12-31$741,742
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Administrative expenses professional fees incurred2011-12-31$6,110
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$808,916
Participant contributions at end of year2011-12-31$612,300
Participant contributions at beginning of year2011-12-31$692,166
Participant contributions at end of year2011-12-31$64,493
Participant contributions at beginning of year2011-12-31$0
Assets. Other investments not covered elsewhere at end of year2011-12-31$250,918
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$250,000
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$7,523
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$20,956
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$31,614
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$872
Administrative expenses (other) incurred2011-12-31$650
Liabilities. Value of operating payables at end of year2011-12-31$0
Liabilities. Value of operating payables at beginning of year2011-12-31$65
Total non interest bearing cash at end of year2011-12-31$100
Total non interest bearing cash at beginning of year2011-12-31$112,031
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Income. Non cash contributions2011-12-31$0
Value of net income/loss2011-12-31$-582,247
Value of net assets at end of year (total assets less liabilities)2011-12-31$29,602,995
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$30,185,242
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$100,390
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$3,926,534
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$3,848,025
Interest on participant loans2011-12-31$26,493
Value of interest in common/collective trusts at end of year2011-12-31$483,351
Value of interest in common/collective trusts at beginning of year2011-12-31$658,775
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$1,890,606
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$1,457,833
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$1,457,833
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$715,249
Asset value of US Government securities at end of year2011-12-31$6,582,145
Asset value of US Government securities at beginning of year2011-12-31$8,750,814
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-244,840
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31Yes
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$909,746
Employer contributions (assets) at end of year2011-12-31$909,746
Employer contributions (assets) at beginning of year2011-12-31$882,489
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$2,693,214
Asset. Corporate debt instrument debt (other) at end of year2011-12-31$3,260,128
Asset. Corporate debt instrument debt (other) at beginning of year2011-12-31$3,889,699
Contract administrator fees2011-12-31$4,970
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$11,603,512
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$9,615,656
Liabilities. Value of benefit claims payable at end of year2011-12-31$1,794
Liabilities. Value of benefit claims payable at beginning of year2011-12-31$2,923
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31WELTMAN BERNFIELD LLC
Accountancy firm EIN2011-12-31364119553
2010 : MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$3,860
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$5,584
Total income from all sources (including contributions)2010-12-31$4,711,074
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$7,380,730
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$7,286,452
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,751,026
Value of total assets at end of year2010-12-31$30,189,102
Value of total assets at beginning of year2010-12-31$32,860,482
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$94,278
Total interest from all sources2010-12-31$950,203
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$787,524
Participant contributions at end of year2010-12-31$692,166
Participant contributions at beginning of year2010-12-31$705,165
Participant contributions at end of year2010-12-31$0
Participant contributions at beginning of year2010-12-31$26,786
Assets. Other investments not covered elsewhere at end of year2010-12-31$250,000
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$250,000
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$81,013
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$31,614
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$34,125
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$872
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$108
Liabilities. Value of operating payables at end of year2010-12-31$65
Liabilities. Value of operating payables at beginning of year2010-12-31$331
Total non interest bearing cash at end of year2010-12-31$112,031
Total non interest bearing cash at beginning of year2010-12-31$59,740
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Income. Non cash contributions2010-12-31$0
Value of net income/loss2010-12-31$-2,669,656
Value of net assets at end of year (total assets less liabilities)2010-12-31$30,185,242
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$32,854,898
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$90,166
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$3,848,025
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$3,506,456
Interest on participant loans2010-12-31$34,388
Value of interest in common/collective trusts at end of year2010-12-31$658,775
Value of interest in common/collective trusts at beginning of year2010-12-31$442,050
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$1,457,833
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$2,736,101
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$2,736,101
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$915,815
Asset value of US Government securities at end of year2010-12-31$8,750,814
Asset value of US Government securities at beginning of year2010-12-31$9,847,638
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$2,009,845
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31Yes
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$882,489
Employer contributions (assets) at end of year2010-12-31$882,489
Employer contributions (assets) at beginning of year2010-12-31$288,801
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$7,286,452
Asset. Corporate debt instrument debt (other) at end of year2010-12-31$3,889,699
Asset. Corporate debt instrument debt (other) at beginning of year2010-12-31$3,495,547
Contract administrator fees2010-12-31$4,112
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$9,615,656
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$11,468,073
Liabilities. Value of benefit claims payable at end of year2010-12-31$2,923
Liabilities. Value of benefit claims payable at beginning of year2010-12-31$5,145
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31WELTMAN BERNFIELD LLC
Accountancy firm EIN2010-12-31364119553
2009 : MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND 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 MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN

2022: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND 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 – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND 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 – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND 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 – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND 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 – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND 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 – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING 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: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING 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: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING 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: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: MAGID GLOVE AND SAFETY MANUFACTURING COMPANY, LLC 401(K) AND PROFIT SHARING 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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