Logo

MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 401k Plan overview

Plan NameMKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN
Plan identification number 001

MKD ELECTRIC, INC. EMPLOYEE'S 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.
  • 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

MKD ELECTRIC, INC. has sponsored the creation of one or more 401k plans.

Company Name:MKD ELECTRIC, INC.
Employer identification number (EIN):364070454
NAIC Classification:001731

Additional information about MKD ELECTRIC, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2016-08-30
Company Identification Number: 0802532583
Legal Registered Office Address: 2590 ALFT LN STE A

ELGIN
United States of America (USA)
60124

More information about MKD ELECTRIC, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01SHANNON TOOLEY
0012023-01-01
0012023-01-01SHANNON TOOLEY
0012022-01-01
0012022-01-01SHANNON TOOLEY
0012021-01-01
0012021-01-01SHANNON TOOLEY
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01GLENN BERG GLENN BERG2018-10-11
0012016-01-01GLENN BERG GLENN BERG2017-09-28
0012015-01-01GLENN BERG GLENN BERG2016-10-07
0012014-01-01GLENN BERG GLENN BERG2015-10-12
0012013-01-01GLENN BERG GLENN BERG2014-07-25
0012012-01-01GLENN BERG GLENN BERG2013-10-14
0012011-01-01GLENN BERG2012-07-24 GLENN BERG2012-07-24
0012010-01-01GLENN BERG2011-10-05 GLENN BERG2011-10-05

Financial Data on MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN

Measure Date Value
2023 : MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 2023 401k financial data
Total income from all sources (including contributions)2023-12-31$6,593,697
Total of all expenses incurred2023-12-31$2,052,654
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$2,018,373
Expenses. Certain deemed distributions of participant loans2023-12-31$1,167
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$3,147,805
Value of total assets at end of year2023-12-31$22,651,376
Value of total assets at beginning of year2023-12-31$18,110,333
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$33,114
Total interest from all sources2023-12-31$53,122
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$5,000,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$1,903,617
Participant contributions at end of year2023-12-31$597,296
Participant contributions at beginning of year2023-12-31$717,193
Income. Received or receivable in cash from other sources (including rollovers)2023-12-31$333,670
Other income not declared elsewhere2023-12-31$17,839
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$4,541,043
Value of net assets at end of year (total assets less liabilities)2023-12-31$22,651,376
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$18,110,333
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Investment advisory and management fees2023-12-31$33,114
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$20,845,382
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$16,450,389
Interest on participant loans2023-12-31$31,098
Interest earned on other investments2023-12-31$22,024
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-12-31$1,208,698
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-12-31$942,751
Net investment gain/loss from pooled separate accounts2023-12-31$3,374,931
Net gain/loss from 103.12 investment entities2023-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$910,518
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$2,018,373
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31MCCULLOUGH, ROSSI & CO., LTD.
Accountancy firm EIN2023-12-31363280790
Total income from all sources (including contributions)2023-01-01$6,593,697
Total of all expenses incurred2023-01-01$2,052,654
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-01-01$2,018,373
Expenses. Certain deemed distributions of participant loans2023-01-01$1,167
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-01-01$3,147,805
Value of total assets at end of year2023-01-01$22,651,376
Value of total assets at beginning of year2023-01-01$18,110,333
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-01-01$33,114
Total interest from all sources2023-01-01$53,122
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-01-01No
Was this plan covered by a fidelity bond2023-01-01Yes
Value of fidelity bond cover2023-01-01$5,000,000
If this is an individual account plan, was there a blackout period2023-01-01No
Were there any nonexempt tranactions with any party-in-interest2023-01-01No
Contributions received from participants2023-01-01$1,903,617
Participant contributions at end of year2023-01-01$597,296
Participant contributions at beginning of year2023-01-01$717,193
Income. Received or receivable in cash from other sources (including rollovers)2023-01-01$333,670
Other income not declared elsewhere2023-01-01$17,839
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Value of net income/loss2023-01-01$4,541,043
Value of net assets at end of year (total assets less liabilities)2023-01-01$22,651,376
Value of net assets at beginning of year (total assets less liabilities)2023-01-01$18,110,333
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2023-01-01No
Were any leases to which the plan was party in default or uncollectible2023-01-01No
Investment advisory and management fees2023-01-01$33,114
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-01-01$20,845,382
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-01-01$16,450,389
Interest on participant loans2023-01-01$31,098
Interest earned on other investments2023-01-01$22,024
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-01-01$1,208,698
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-01-01$942,751
Net investment gain/loss from pooled separate accounts2023-01-01$3,374,931
Net gain/loss from 103.12 investment entities2023-01-01$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-01-01No
Was there a failure to transmit to the plan any participant contributions2023-01-01No
Has the plan failed to provide any benefit when due under the plan2023-01-01No
Contributions received in cash from employer2023-01-01$910,518
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-01-01$2,018,373
Did the plan have assets held for investment2023-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-01-01No
Opinion of an independent qualified public accountant for this plan2023-01-011
Accountancy firm name2023-01-01MCCULLOUGH, ROSSI & CO., LTD.
Accountancy firm EIN2023-01-01363280790
2022 : MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 2022 401k financial data
Total income from all sources (including contributions)2022-12-31$-1,149,781
Total of all expenses incurred2022-12-31$774,407
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$746,626
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$2,806,780
Value of total assets at end of year2022-12-31$18,110,333
Value of total assets at beginning of year2022-12-31$20,034,521
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$27,781
Total interest from all sources2022-12-31$37,150
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$5,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,822,420
Participant contributions at end of year2022-12-31$717,193
Participant contributions at beginning of year2022-12-31$613,710
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$125,554
Other income not declared elsewhere2022-12-31$-162,448
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$-1,924,188
Value of net assets at end of year (total assets less liabilities)2022-12-31$18,110,333
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$20,034,521
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$27,781
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$16,450,389
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$18,525,110
Interest on participant loans2022-12-31$24,244
Interest earned on other investments2022-12-31$12,906
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$942,751
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$895,701
Net investment gain/loss from pooled separate accounts2022-12-31$-3,831,263
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$858,806
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$746,626
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31MCCULLOUGH, ROSSI & CO., LTD.
Accountancy firm EIN2022-12-31363280790
Total income from all sources (including contributions)2022-01-01$-1,149,781
Total of all expenses incurred2022-01-01$774,407
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$746,626
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$2,806,780
Value of total assets at end of year2022-01-01$18,110,333
Value of total assets at beginning of year2022-01-01$20,034,521
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$27,781
Total interest from all sources2022-01-01$37,150
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$5,000,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$1,822,420
Participant contributions at end of year2022-01-01$717,193
Participant contributions at beginning of year2022-01-01$613,710
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$125,554
Other income not declared elsewhere2022-01-01$-162,448
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$-1,924,188
Value of net assets at end of year (total assets less liabilities)2022-01-01$18,110,333
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$20,034,521
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Investment advisory and management fees2022-01-01$27,781
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-01-01$16,450,389
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-01-01$18,525,110
Interest on participant loans2022-01-01$24,244
Interest earned on other investments2022-01-01$12,906
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-01-01$942,751
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-01-01$895,701
Net investment gain/loss from pooled separate accounts2022-01-01$-3,831,263
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$858,806
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$746,626
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01MCCULLOUGH, ROSSI & CO., LTD.
Accountancy firm EIN2022-01-01363280790
2021 : MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$4,623,542
Total of all expenses incurred2021-12-31$913,287
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$890,501
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$2,430,039
Value of total assets at end of year2021-12-31$20,034,521
Value of total assets at beginning of year2021-12-31$16,324,266
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$22,786
Total interest from all sources2021-12-31$32,944
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$5,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,605,936
Participant contributions at end of year2021-12-31$613,710
Participant contributions at beginning of year2021-12-31$681,942
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$73,022
Other income not declared elsewhere2021-12-31$-22,961
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$3,710,255
Value of net assets at end of year (total assets less liabilities)2021-12-31$20,034,521
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$16,324,266
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$22,786
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$18,525,110
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$14,932,044
Interest on participant loans2021-12-31$25,391
Interest earned on other investments2021-12-31$7,553
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$895,701
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$710,280
Net investment gain/loss from pooled separate accounts2021-12-31$2,183,520
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$751,081
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$890,501
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 name2021-12-31MCCULLOUGH, ROSSI & CO., LTD.
Accountancy firm EIN2021-12-31363280790
2020 : MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$4,249,518
Total of all expenses incurred2020-12-31$924,969
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$905,797
Expenses. Certain deemed distributions of participant loans2020-12-31$204
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$2,122,553
Value of total assets at end of year2020-12-31$16,324,266
Value of total assets at beginning of year2020-12-31$12,999,717
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$18,968
Total interest from all sources2020-12-31$32,897
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$5,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$1,304,375
Participant contributions at end of year2020-12-31$681,942
Participant contributions at beginning of year2020-12-31$590,081
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$162,298
Other income not declared elsewhere2020-12-31$31,597
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$3,324,549
Value of net assets at end of year (total assets less liabilities)2020-12-31$16,324,266
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$12,999,717
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$18,968
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$14,932,044
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$11,915,599
Interest on participant loans2020-12-31$26,951
Interest earned on other investments2020-12-31$5,946
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$710,280
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$494,037
Net investment gain/loss from pooled separate accounts2020-12-31$2,062,471
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$655,880
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$905,797
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31MCCULLOUGH, ROSSI & CO., LTD.
Accountancy firm EIN2020-12-31363280790
2019 : MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources (including contributions)2019-12-31$4,509,721
Total of all expenses incurred2019-12-31$209,156
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$191,466
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$2,325,378
Value of total assets at end of year2019-12-31$12,999,717
Value of total assets at beginning of year2019-12-31$8,699,152
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$17,690
Total interest from all sources2019-12-31$28,217
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$5,000,000
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$1,248,210
Participant contributions at end of year2019-12-31$590,081
Participant contributions at beginning of year2019-12-31$498,507
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$429,384
Other income not declared elsewhere2019-12-31$23,077
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$4,300,565
Value of net assets at end of year (total assets less liabilities)2019-12-31$12,999,717
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$8,699,152
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$11,915,599
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$7,907,969
Interest on participant loans2019-12-31$24,491
Interest earned on other investments2019-12-31$3,726
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$494,037
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$292,676
Net investment gain/loss from pooled separate accounts2019-12-31$2,133,049
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$647,784
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$191,466
Contract administrator fees2019-12-31$17,690
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 name2019-12-31MCCULLOUGH, ROSSI & CO., LTD.
Accountancy firm EIN2019-12-31363280790
2018 : MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources (including contributions)2018-12-31$1,158,172
Total of all expenses incurred2018-12-31$96,988
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$73,767
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,655,736
Value of total assets at end of year2018-12-31$8,699,152
Value of total assets at beginning of year2018-12-31$7,637,968
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$23,221
Total interest from all sources2018-12-31$21,637
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$5,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$1,016,884
Participant contributions at end of year2018-12-31$498,507
Participant contributions at beginning of year2018-12-31$460,914
Participant contributions at beginning of year2018-12-31$79
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$87,188
Other income not declared elsewhere2018-12-31$-15,093
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$1,061,184
Value of net assets at end of year (total assets less liabilities)2018-12-31$8,699,152
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$7,637,968
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$7,907,969
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$6,943,416
Interest on participant loans2018-12-31$19,064
Interest earned on other investments2018-12-31$2,573
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$292,676
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$233,496
Net investment gain/loss from pooled separate accounts2018-12-31$-504,108
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$551,664
Employer contributions (assets) at beginning of year2018-12-31$63
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$73,767
Contract administrator fees2018-12-31$23,221
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 name2018-12-31MCCULLOUGH, ROSSI & CO., LTD.
Accountancy firm EIN2018-12-31363280790
2017 : MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources (including contributions)2017-12-31$2,342,249
Total of all expenses incurred2017-12-31$536,221
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$519,526
Expenses. Certain deemed distributions of participant loans2017-12-31$406
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,296,148
Value of total assets at end of year2017-12-31$7,637,968
Value of total assets at beginning of year2017-12-31$5,831,940
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$16,289
Total interest from all sources2017-12-31$16,943
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$5,000,000
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$782,967
Participant contributions at end of year2017-12-31$460,914
Participant contributions at beginning of year2017-12-31$329,559
Participant contributions at end of year2017-12-31$79
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$85,039
Other income not declared elsewhere2017-12-31$929
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$1,806,028
Value of net assets at end of year (total assets less liabilities)2017-12-31$7,637,968
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$5,831,940
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$6,943,416
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$5,249,779
Interest on participant loans2017-12-31$14,666
Interest earned on other investments2017-12-31$2,277
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$233,496
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$252,602
Net investment gain/loss from pooled separate accounts2017-12-31$1,028,229
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$428,142
Employer contributions (assets) at end of year2017-12-31$63
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$519,526
Contract administrator fees2017-12-31$16,289
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 name2017-12-31MCCULLOUGH, ROSSI & CO., LTD.
Accountancy firm EIN2017-12-31363280790
2016 : MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources (including contributions)2016-12-31$1,258,300
Total of all expenses incurred2016-12-31$222,113
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$211,282
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,001,696
Value of total assets at end of year2016-12-31$5,831,940
Value of total assets at beginning of year2016-12-31$4,795,753
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$10,831
Total interest from all sources2016-12-31$13,419
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$1,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$609,751
Participant contributions at end of year2016-12-31$329,559
Participant contributions at beginning of year2016-12-31$329,975
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$59,458
Other income not declared elsewhere2016-12-31$8,397
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$1,036,187
Value of net assets at end of year (total assets less liabilities)2016-12-31$5,831,940
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$4,795,753
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$5,249,779
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$4,285,947
Interest on participant loans2016-12-31$11,329
Interest earned on other investments2016-12-31$2,090
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$252,602
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$179,831
Net investment gain/loss from pooled separate accounts2016-12-31$234,788
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$332,487
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$211,282
Contract administrator fees2016-12-31$10,831
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 name2016-12-31MCCULLOUGH, ROSSI & CO., LTD.
Accountancy firm EIN2016-12-31363280790
2015 : MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources (including contributions)2015-12-31$1,214,842
Total of all expenses incurred2015-12-31$59,964
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$49,775
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$1,200,828
Value of total assets at end of year2015-12-31$4,795,753
Value of total assets at beginning of year2015-12-31$3,640,875
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$10,189
Total interest from all sources2015-12-31$12,794
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$1,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$543,652
Participant contributions at end of year2015-12-31$329,975
Participant contributions at beginning of year2015-12-31$331,021
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$365,667
Other income not declared elsewhere2015-12-31$-1,247
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$1,154,878
Value of net assets at end of year (total assets less liabilities)2015-12-31$4,795,753
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$3,640,875
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$4,285,947
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$3,161,211
Interest on participant loans2015-12-31$10,908
Interest earned on other investments2015-12-31$1,886
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$179,831
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$148,643
Net investment gain/loss from pooled separate accounts2015-12-31$2,467
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$291,509
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$49,775
Contract administrator fees2015-12-31$10,189
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 name2015-12-31MCCULLOUGH, ROSSI & CO., LTD.
Accountancy firm EIN2015-12-31363280790
2014 : MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources (including contributions)2014-12-31$940,706
Total of all expenses incurred2014-12-31$122,135
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$114,217
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$759,186
Value of total assets at end of year2014-12-31$3,640,875
Value of total assets at beginning of year2014-12-31$2,822,304
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$7,918
Total interest from all sources2014-12-31$9,980
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$1,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$407,685
Participant contributions at end of year2014-12-31$331,021
Participant contributions at beginning of year2014-12-31$236,301
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$115,145
Other income not declared elsewhere2014-12-31$-922
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
Value of net income/loss2014-12-31$818,571
Value of net assets at end of year (total assets less liabilities)2014-12-31$3,640,875
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$2,822,304
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$3,161,211
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$2,454,484
Interest on participant loans2014-12-31$8,693
Interest earned on other investments2014-12-31$1,287
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2014-12-31$148,643
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-12-31$131,519
Net investment gain/loss from pooled separate accounts2014-12-31$172,462
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$236,356
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$114,217
Contract administrator fees2014-12-31$7,918
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 name2014-12-31MCCULLOUGH, ROSSI & CO., LTD.
Accountancy firm EIN2014-12-31363280790
2013 : MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources (including contributions)2013-12-31$965,781
Total of all expenses incurred2013-12-31$162,231
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$146,262
Value of total corrective distributions2013-12-31$8,246
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$590,172
Value of total assets at end of year2013-12-31$2,822,304
Value of total assets at beginning of year2013-12-31$2,018,754
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$7,723
Total interest from all sources2013-12-31$7,707
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
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$343,154
Participant contributions at end of year2013-12-31$236,301
Participant contributions at beginning of year2013-12-31$164,339
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$40,834
Other income not declared elsewhere2013-12-31$-792
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$803,550
Value of net assets at end of year (total assets less liabilities)2013-12-31$2,822,304
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$2,018,754
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$2,454,484
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$1,725,939
Interest on participant loans2013-12-31$6,518
Interest earned on other investments2013-12-31$1,189
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$131,519
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$114,738
Net investment gain/loss from pooled separate accounts2013-12-31$368,694
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$206,184
Employer contributions (assets) at beginning of year2013-12-31$13,738
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$146,262
Contract administrator fees2013-12-31$7,723
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)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31MCCULLOUGH, ROSSI & CO., LTD.
Accountancy firm EIN2013-12-31363280790
2012 : MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources (including contributions)2012-12-31$513,354
Total of all expenses incurred2012-12-31$158,125
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$151,636
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$344,398
Value of total assets at end of year2012-12-31$2,018,754
Value of total assets at beginning of year2012-12-31$1,663,525
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$6,489
Total interest from all sources2012-12-31$6,138
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$135,000
If this is an individual account plan, was there a blackout period2012-12-31Yes
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$282,967
Participant contributions at end of year2012-12-31$164,339
Participant contributions at beginning of year2012-12-31$83,219
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$47,693
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$355,229
Value of net assets at end of year (total assets less liabilities)2012-12-31$2,018,754
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$1,663,525
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$1,725,939
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$1,374,918
Interest on participant loans2012-12-31$4,586
Interest earned on other investments2012-12-31$1,552
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$114,738
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$92,925
Net investment gain/loss from pooled separate accounts2012-12-31$69,893
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$13,738
Employer contributions (assets) at end of year2012-12-31$13,738
Employer contributions (assets) at beginning of year2012-12-31$205,388
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$151,636
Contract administrator fees2012-12-31$6,489
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31Yes
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)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31MCCULLOUGH, ROSSI & CO., LTD.
Accountancy firm EIN2012-12-31363280790

Form 5500 Responses for MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN

2023: MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement – InsuranceYes
2023-01-01Plan benefit arrangement - TrustYes
2022: MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: MKD ELECTRIC, INC. EMPLOYEE'S PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MKD ELECTRIC, INC. EMPLOYEE'S 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 – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: MKD ELECTRIC, INC. EMPLOYEE'S 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 – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: MKD ELECTRIC, INC. EMPLOYEE'S 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 – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: MKD ELECTRIC, INC. EMPLOYEE'S 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 – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: MKD ELECTRIC, INC. EMPLOYEE'S 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 – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: MKD ELECTRIC, INC. EMPLOYEE'S 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 – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number814724
Policy instance 1
Insurance contract or identification number814724
Number of Individuals Covered292
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number814724
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number814724
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number814724
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number814724
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number814724
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number814724
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number874144
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number874144
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number874144
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number874144
Policy instance 1

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

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

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

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1