401k Plan data: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN plan

MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 401k Plan overview

Plan Name	MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN
Plan identification number	002

MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.
Participant-directed brokerage accounts provided as an investment option under the plan.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
Life insurance

401k Sponsoring company profile

MAGIC STEEL CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: MAGIC STEEL CORPORATION

Employer identification number (EIN): 382047132

NAIC Classification: 423500

Additional information about MAGIC STEEL CORPORATION

Jurisdiction of Incorporation: Michigan Department of Licensing & Regulatory Affairs

Incorporation Date:

Company Identification Number: 101947

More information about MAGIC STEEL CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2018-01-01
002 2017-01-01 CHRIS ALFORD
002 2016-01-01 CHRIS ALFORD CHRIS ALFORD 2017-09-08
002 2015-01-01 CHRIS ALFORD CHRIS ALFORD 2016-09-29
002 2014-01-01 CHRIS ALFORD CHRIS ALFORD 2015-10-07
002 2013-01-01 CHRIS ALFORD
002 2012-01-01 ROBERT W. PERKINS, CFO
002 2011-01-01 ROBERT W. PERKINS, CFO
002 2010-01-01 ROBERT W. PERKINS, CFO
002 2009-01-01 ROBERT W. PERKINS, CFO

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
002	2021-01-01
002	2020-01-01
002	2019-01-01
002	2018-01-01
002	2017-01-01	CHRIS ALFORD
002	2016-01-01	CHRIS ALFORD	CHRIS ALFORD	2017-09-08
002	2015-01-01	CHRIS ALFORD	CHRIS ALFORD	2016-09-29
002	2014-01-01	CHRIS ALFORD	CHRIS ALFORD	2015-10-07
002	2013-01-01	CHRIS ALFORD
002	2012-01-01	ROBERT W. PERKINS, CFO
002	2011-01-01	ROBERT W. PERKINS, CFO
002	2010-01-01	ROBERT W. PERKINS, CFO
002	2009-01-01	ROBERT W. PERKINS, CFO

Plan Statistics for MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN

401k plan membership statisitcs for MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN

Measure Date Value
2021: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 46
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 0
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 0
Total of all active and inactive participants 2021-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 0
Number of participants with account balances 2021-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 68
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 11
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 43
Total of all active and inactive participants 2020-01-01 54
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 54
Number of participants with account balances 2020-01-01 43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 156
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 30
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 26
Total of all active and inactive participants 2019-01-01 56
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 56
Number of participants with account balances 2019-01-01 49
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 153
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 129
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 25
Total of all active and inactive participants 2018-01-01 154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 154
Number of participants with account balances 2018-01-01 141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 128
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 129
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 22
Total of all active and inactive participants 2017-01-01 151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 2
Total participants 2017-01-01 153
Number of participants with account balances 2017-01-01 131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 124
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 103
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 24
Total of all active and inactive participants 2016-01-01 127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 127
Number of participants with account balances 2016-01-01 123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 158
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 101
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 21
Total of all active and inactive participants 2015-01-01 122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 122
Number of participants with account balances 2015-01-01 117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 236
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 125
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 31
Total of all active and inactive participants 2014-01-01 156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 156
Number of participants with account balances 2014-01-01 118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 168
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 214
Number of other retired or separated participants entitled to future benefits 2013-01-01 20
Total of all active and inactive participants 2013-01-01 234
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 234
Number of participants with account balances 2013-01-01 115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 119
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 151
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 17
Total of all active and inactive participants 2012-01-01 168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 168
Number of participants with account balances 2012-01-01 117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 111
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 105
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 14
Total of all active and inactive participants 2011-01-01 119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 119
Number of participants with account balances 2011-01-01 119
2010: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 123
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 127
Number of retired or separated participants receiving benefits 2010-01-01 17
Total of all active and inactive participants 2010-01-01 144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 144
Number of participants with account balances 2010-01-01 109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 145
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 135
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 16
Total of all active and inactive participants 2009-01-01 151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 151
Number of participants with account balances 2009-01-01 89
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2021: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	46
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	0
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	0
Total of all active and inactive participants	2021-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	0
Number of participants with account balances	2021-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	68
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	11
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	43
Total of all active and inactive participants	2020-01-01	54
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	54
Number of participants with account balances	2020-01-01	43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	156
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	30
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	26
Total of all active and inactive participants	2019-01-01	56
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	56
Number of participants with account balances	2019-01-01	49
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	153
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	129
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	25
Total of all active and inactive participants	2018-01-01	154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	154
Number of participants with account balances	2018-01-01	141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	128
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	129
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	22
Total of all active and inactive participants	2017-01-01	151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	2
Total participants	2017-01-01	153
Number of participants with account balances	2017-01-01	131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	124
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	103
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	24
Total of all active and inactive participants	2016-01-01	127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	127
Number of participants with account balances	2016-01-01	123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	158
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	101
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	21
Total of all active and inactive participants	2015-01-01	122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	122
Number of participants with account balances	2015-01-01	117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	236
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	125
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	31
Total of all active and inactive participants	2014-01-01	156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	156
Number of participants with account balances	2014-01-01	118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	168
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	214
Number of other retired or separated participants entitled to future benefits	2013-01-01	20
Total of all active and inactive participants	2013-01-01	234
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	234
Number of participants with account balances	2013-01-01	115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	119
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	151
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	17
Total of all active and inactive participants	2012-01-01	168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	168
Number of participants with account balances	2012-01-01	117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	111
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	105
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	14
Total of all active and inactive participants	2011-01-01	119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	119
Number of participants with account balances	2011-01-01	119
2010: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	123
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	127
Number of retired or separated participants receiving benefits	2010-01-01	17
Total of all active and inactive participants	2010-01-01	144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	144
Number of participants with account balances	2010-01-01	109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	145
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	135
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	16
Total of all active and inactive participants	2009-01-01	151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	151
Number of participants with account balances	2009-01-01	89
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN

Measure	Date	Value
2021 : MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2021 401k financial data
Transfers to/from the plan	2021-05-18	$0
Total plan liabilities at end of year	2021-05-18	$0
Total plan liabilities at beginning of year	2021-05-18	$0
Total income from all sources	2021-05-18	$37,824
Expenses. Total of all expenses incurred	2021-05-18	$3,607,207
Benefits paid (including direct rollovers)	2021-05-18	$3,605,687
Total plan assets at end of year	2021-05-18	$0
Total plan assets at beginning of year	2021-05-18	$3,569,383
Value of fidelity bond covering the plan	2021-05-18	$500,000
Total contributions received or receivable from participants	2021-05-18	$0
Expenses. Other expenses not covered elsewhere	2021-05-18	$1,520
Contributions received from other sources (not participants or employers)	2021-05-18	$0
Other income received	2021-05-18	$37,824
Noncash contributions received	2021-05-18	$0
Net income (gross income less expenses)	2021-05-18	$-3,569,383
Net plan assets at end of year (total assets less liabilities)	2021-05-18	$0
Net plan assets at beginning of year (total assets less liabilities)	2021-05-18	$3,569,383
Assets. Value of participant loans	2021-05-18	$0
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year	2021-05-18	$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year	2021-05-18	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2021-05-18	$0
Total contributions received or receivable from employer(s)	2021-05-18	$0
Value of certain deemed distributions of participant loans	2021-05-18	$0
Value of corrective distributions	2021-05-18	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2021-05-18	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-05-18	$0
2020 : MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2020 401k financial data
Transfers to/from the plan	2020-12-31	$-1,097,747
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$415,957
Expenses. Total of all expenses incurred	2020-12-31	$1,540,526
Benefits paid (including direct rollovers)	2020-12-31	$1,515,170
Total plan assets at end of year	2020-12-31	$3,569,383
Total plan assets at beginning of year	2020-12-31	$5,791,699
Value of fidelity bond covering the plan	2020-12-31	$500,000
Total contributions received or receivable from participants	2020-12-31	$62,343
Expenses. Other expenses not covered elsewhere	2020-12-31	$25,356
Contributions received from other sources (not participants or employers)	2020-12-31	$0
Other income received	2020-12-31	$318,495
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$-1,124,569
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$3,569,383
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$5,791,699
Assets. Value of participant loans	2020-12-31	$8,703
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year	2020-12-31	$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year	2020-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2020-12-31	$0
Total contributions received or receivable from employer(s)	2020-12-31	$35,119
Value of certain deemed distributions of participant loans	2020-12-31	$0
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
2019 : MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$3,541,073
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$14,196,262
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$14,125,794
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$885,307
Value of total assets at end of year	2019-12-31	$5,791,699
Value of total assets at beginning of year	2019-12-31	$16,446,888
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$70,468
Total interest from all sources	2019-12-31	$7,452
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$78,500
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$78,500
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$590,989
Participant contributions at end of year	2019-12-31	$40,283
Participant contributions at beginning of year	2019-12-31	$247,181
Assets. Other investments not covered elsewhere at end of year	2019-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2019-12-31	$2,610
Administrative expenses (other) incurred	2019-12-31	$70,468
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$-10,655,189
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$5,791,699
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$16,446,888
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$4,231,794
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$13,374,938
Interest on participant loans	2019-12-31	$7,452
Value of interest in common/collective trusts at end of year	2019-12-31	$1,501,480
Value of interest in common/collective trusts at beginning of year	2019-12-31	$2,791,434
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$1
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$1
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$2,248,173
Net investment gain or loss from common/collective trusts	2019-12-31	$321,641
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$294,318
Employer contributions (assets) at end of year	2019-12-31	$18,142
Employer contributions (assets) at beginning of year	2019-12-31	$30,724
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$14,125,794
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	BEENE GARTER LLP
Accountancy firm EIN	2019-12-31	381337372
2018 : MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$287,274
Total loss/gain on sale of assets	2018-12-31	$3,971
Total of all expenses incurred	2018-12-31	$1,140,754
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$1,056,516
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$1,171,213
Value of total assets at end of year	2018-12-31	$16,446,888
Value of total assets at beginning of year	2018-12-31	$17,300,368
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$84,238
Total interest from all sources	2018-12-31	$10,678
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$183,340
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$179,671
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$769,669
Participant contributions at end of year	2018-12-31	$247,181
Participant contributions at beginning of year	2018-12-31	$198,756
Assets. Other investments not covered elsewhere at end of year	2018-12-31	$2,610
Assets. Other investments not covered elsewhere at beginning of year	2018-12-31	$3,901
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$35,060
Other income not declared elsewhere	2018-12-31	$-945
Administrative expenses (other) incurred	2018-12-31	$84,238
Total non interest bearing cash at beginning of year	2018-12-31	$2,423
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-853,480
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$16,446,888
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$17,300,368
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$13,374,938
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$13,851,525
Interest on participant loans	2018-12-31	$10,510
Interest earned on other investments	2018-12-31	$10
Value of interest in common/collective trusts at end of year	2018-12-31	$2,791,434
Value of interest in common/collective trusts at beginning of year	2018-12-31	$2,762,392
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$1
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$46,051
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$46,051
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2018-12-31	$158
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-1,018,490
Net investment gain or loss from common/collective trusts	2018-12-31	$-62,493
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$366,484
Employer contributions (assets) at end of year	2018-12-31	$30,724
Employer contributions (assets) at beginning of year	2018-12-31	$30,030
Income. Dividends from common stock	2018-12-31	$3,669
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$1,056,516
Assets. Corporate common stocks other than exployer securities at beginning of year	2018-12-31	$405,290
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Aggregate proceeds on sale of assets	2018-12-31	$75,411
Aggregate carrying amount (costs) on sale of assets	2018-12-31	$71,440
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	BEENE GARTER LLP
Accountancy firm EIN	2018-12-31	381337372
2017 : MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2017-12-31	$9,652
Total unrealized appreciation/depreciation of assets	2017-12-31	$9,652
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	$3,907,657
Total loss/gain on sale of assets	2017-12-31	$-1,446
Total of all expenses incurred	2017-12-31	$1,790,055
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$1,717,935
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$1,057,275
Value of total assets at end of year	2017-12-31	$17,300,368
Value of total assets at beginning of year	2017-12-31	$15,182,766
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$72,120
Total interest from all sources	2017-12-31	$9,530
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$160,650
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$156,961
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$714,802
Participant contributions at end of year	2017-12-31	$198,756
Participant contributions at beginning of year	2017-12-31	$238,685
Assets. Other investments not covered elsewhere at end of year	2017-12-31	$3,901
Assets. Other investments not covered elsewhere at beginning of year	2017-12-31	$4,921
Other income not declared elsewhere	2017-12-31	$4
Administrative expenses (other) incurred	2017-12-31	$72,120
Total non interest bearing cash at end of year	2017-12-31	$2,423
Total non interest bearing cash at beginning of year	2017-12-31	$2,488
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$2,117,602
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$17,300,368
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$15,182,766
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$13,851,525
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$12,676,540
Interest on participant loans	2017-12-31	$9,402
Value of interest in common/collective trusts at end of year	2017-12-31	$2,762,392
Value of interest in common/collective trusts at beginning of year	2017-12-31	$1,794,294
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$46,051
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$94,133
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$94,133
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2017-12-31	$128
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$2,436,684
Net investment gain/loss from pooled separate accounts	2017-12-31	$-341
Net investment gain or loss from common/collective trusts	2017-12-31	$235,649
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$342,473
Employer contributions (assets) at end of year	2017-12-31	$30,030
Employer contributions (assets) at beginning of year	2017-12-31	$31,316
Income. Dividends from common stock	2017-12-31	$3,689
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$1,717,935
Assets. Corporate common stocks other than exployer securities at end of year	2017-12-31	$405,290
Assets. Corporate common stocks other than exployer securities at beginning of year	2017-12-31	$340,389
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Aggregate proceeds on sale of assets	2017-12-31	$339,034
Aggregate carrying amount (costs) on sale of assets	2017-12-31	$340,480
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	BEENE GARTER LLP
Accountancy firm EIN	2017-12-31	381337372
2016 : MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2016-12-31	$38,098
Total unrealized appreciation/depreciation of assets	2016-12-31	$38,098
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$1,902,796
Total loss/gain on sale of assets	2016-12-31	$-563
Total of all expenses incurred	2016-12-31	$1,441,110
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$1,392,518
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$1,019,410
Value of total assets at end of year	2016-12-31	$15,182,766
Value of total assets at beginning of year	2016-12-31	$14,721,080
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$48,592
Total interest from all sources	2016-12-31	$10,754
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$135,937
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$132,572
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$500,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$645,489
Participant contributions at end of year	2016-12-31	$238,685
Participant contributions at beginning of year	2016-12-31	$260,771
Assets. Other investments not covered elsewhere at end of year	2016-12-31	$4,921
Assets. Other investments not covered elsewhere at beginning of year	2016-12-31	$5,704
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$19,370
Other income not declared elsewhere	2016-12-31	$114
Administrative expenses (other) incurred	2016-12-31	$48,592
Total non interest bearing cash at end of year	2016-12-31	$2,488
Total non interest bearing cash at beginning of year	2016-12-31	$53
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$461,686
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$15,182,766
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$14,721,080
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$12,676,540
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$11,012,629
Value of interest in pooled separate accounts at beginning of year	2016-12-31	$1,410,922
Interest on participant loans	2016-12-31	$10,745
Value of interest in common/collective trusts at end of year	2016-12-31	$1,794,294
Value of interest in common/collective trusts at beginning of year	2016-12-31	$1,695,184
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-31	$94,133
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-31	$33,216
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-31	$33,216
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-12-31	$9
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$635,149
Net investment gain or loss from common/collective trusts	2016-12-31	$63,897
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$354,551
Employer contributions (assets) at end of year	2016-12-31	$31,316
Income. Dividends from common stock	2016-12-31	$3,365
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$1,392,518
Assets. Corporate common stocks other than exployer securities at end of year	2016-12-31	$340,389
Assets. Corporate common stocks other than exployer securities at beginning of year	2016-12-31	$302,601
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Aggregate proceeds on sale of assets	2016-12-31	$18,156
Aggregate carrying amount (costs) on sale of assets	2016-12-31	$18,719
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	BEENE GARTER LLP
Accountancy firm EIN	2016-12-31	381337372
2015 : MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2015-12-31	$61,916
Total unrealized appreciation/depreciation of assets	2015-12-31	$61,916
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$1,324,107
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$1,005,630
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$958,969
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$1,133,631
Value of total assets at end of year	2015-12-31	$14,721,080
Value of total assets at beginning of year	2015-12-31	$14,402,603
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$46,661
Total interest from all sources	2015-12-31	$11,159
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$117,401
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$117,168
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$500,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$568,901
Participant contributions at end of year	2015-12-31	$260,771
Participant contributions at beginning of year	2015-12-31	$181,111
Assets. Other investments not covered elsewhere at end of year	2015-12-31	$5,704
Assets. Other investments not covered elsewhere at beginning of year	2015-12-31	$985,461
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$292,931
Administrative expenses (other) incurred	2015-12-31	$46,661
Total non interest bearing cash at end of year	2015-12-31	$53
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$318,477
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$14,721,080
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$14,402,603
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$11,012,629
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$12,028,152
Value of interest in pooled separate accounts at end of year	2015-12-31	$1,410,922
Interest on participant loans	2015-12-31	$11,157
Value of interest in common/collective trusts at end of year	2015-12-31	$1,695,184
Value of interest in common/collective trusts at beginning of year	2015-12-31	$1,207,879
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2015-12-31	$33,216
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2015-12-31	$2
Expenses. Payments to insurance carriers foe the provision of benefits	2015-12-31	$1,346
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$271,799
Income. Dividends from common stock	2015-12-31	$233
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$957,623
Assets. Corporate common stocks other than exployer securities at end of year	2015-12-31	$302,601
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	BEENE GARTER LLP
Accountancy firm EIN	2015-12-31	381337372
2014 : MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$1,628,283
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$637,503
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$594,080
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$856,374
Value of total assets at end of year	2014-12-31	$14,402,603
Value of total assets at beginning of year	2014-12-31	$13,411,823
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$43,423
Total interest from all sources	2014-12-31	$8,670
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$886,149
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-31	$886,149
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$500,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$550,731
Participant contributions at end of year	2014-12-31	$181,111
Participant contributions at beginning of year	2014-12-31	$215,819
Participant contributions at end of year	2014-12-31	$0
Participant contributions at beginning of year	2014-12-31	$65,015
Assets. Other investments not covered elsewhere at end of year	2014-12-31	$985,461
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$54,729
Other income not declared elsewhere	2014-12-31	$39
Administrative expenses (other) incurred	2014-12-31	$43,423
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$990,780
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$14,402,603
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$13,411,823
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$12,028,152
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$9,975,047
Interest on participant loans	2014-12-31	$8,670
Value of interest in common/collective trusts at end of year	2014-12-31	$1,207,879
Value of interest in common/collective trusts at beginning of year	2014-12-31	$3,113,279
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$56,680
Net investment gain/loss from pooled separate accounts	2014-12-31	$-226,328
Net investment gain or loss from common/collective trusts	2014-12-31	$46,699
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$250,914
Employer contributions (assets) at end of year	2014-12-31	$0
Employer contributions (assets) at beginning of year	2014-12-31	$42,663
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$594,080
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	BEENE GARTER LLP
Accountancy firm EIN	2014-12-31	381337372
2013 : MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$3,601,032
Total loss/gain on sale of assets	2013-12-31	$-28
Total of all expenses incurred	2013-12-31	$1,463,298
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$1,424,680
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$1,160,787
Value of total assets at end of year	2013-12-31	$13,411,823
Value of total assets at beginning of year	2013-12-31	$11,274,089
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$38,618
Total interest from all sources	2013-12-31	$16,942
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$582,214
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$582,214
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$500,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$613,396
Participant contributions at end of year	2013-12-31	$215,819
Participant contributions at beginning of year	2013-12-31	$289,948
Participant contributions at end of year	2013-12-31	$65,015
Participant contributions at beginning of year	2013-12-31	$1,004
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$261,064
Other income not declared elsewhere	2013-12-31	$88
Administrative expenses (other) incurred	2013-12-31	$38,618
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$2,137,734
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$13,411,823
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$11,274,089
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$9,975,047
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$9,453,690
Interest on participant loans	2013-12-31	$16,942
Value of interest in common/collective trusts at end of year	2013-12-31	$3,113,279
Value of interest in common/collective trusts at beginning of year	2013-12-31	$1,130,942
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$36,616
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$36,616
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$1,499,198
Net investment gain or loss from common/collective trusts	2013-12-31	$341,831
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$286,327
Employer contributions (assets) at end of year	2013-12-31	$42,663
Employer contributions (assets) at beginning of year	2013-12-31	$613
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$1,424,680
Assets. Corporate common stocks other than exployer securities at beginning of year	2013-12-31	$361,276
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Aggregate proceeds on sale of assets	2013-12-31	$320
Aggregate carrying amount (costs) on sale of assets	2013-12-31	$348
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	BEENE GARTER LLP
Accountancy firm EIN	2013-12-31	381337372
2012 : MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$2,072,399
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$658,212
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$626,359
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$881,818
Value of total assets at end of year	2012-12-31	$11,274,089
Value of total assets at beginning of year	2012-12-31	$9,859,902
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$31,853
Total interest from all sources	2012-12-31	$13,021
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$83,917
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$71,727
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$500,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$576,130
Participant contributions at end of year	2012-12-31	$289,948
Participant contributions at beginning of year	2012-12-31	$241,942
Participant contributions at end of year	2012-12-31	$1,004
Participant contributions at beginning of year	2012-12-31	$11,806
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$32,940
Other income not declared elsewhere	2012-12-31	$-6,411
Administrative expenses (other) incurred	2012-12-31	$31,853
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$1,414,187
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$11,274,089
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$9,859,902
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$9,453,690
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$8,250,219
Interest on participant loans	2012-12-31	$13,021
Value of interest in common/collective trusts at end of year	2012-12-31	$1,130,942
Value of interest in common/collective trusts at beginning of year	2012-12-31	$991,259
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$36,616
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$24,262
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$24,262
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$1,100,054
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$272,748
Employer contributions (assets) at end of year	2012-12-31	$613
Employer contributions (assets) at beginning of year	2012-12-31	$23,701
Income. Dividends from common stock	2012-12-31	$12,190
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$626,359
Assets. Corporate common stocks other than exployer securities at end of year	2012-12-31	$361,276
Assets. Corporate common stocks other than exployer securities at beginning of year	2012-12-31	$316,713
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	BEENE GARTER LLP
Accountancy firm EIN	2012-12-31	381337372
2011 : MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$520,947
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$678,309
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$652,190
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$886,923
Value of total assets at end of year	2011-12-31	$9,859,902
Value of total assets at beginning of year	2011-12-31	$10,017,264
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$26,119
Total interest from all sources	2011-12-31	$11,592
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$36,019
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$33,722
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$553,809
Participant contributions at end of year	2011-12-31	$241,942
Participant contributions at beginning of year	2011-12-31	$219,933
Participant contributions at end of year	2011-12-31	$11,806
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$41,196
Other income not declared elsewhere	2011-12-31	$-200,296
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-157,362
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$9,859,902
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$10,017,264
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$8,250,219
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$8,353,527
Interest on participant loans	2011-12-31	$11,592
Value of interest in common/collective trusts at end of year	2011-12-31	$991,259
Value of interest in common/collective trusts at beginning of year	2011-12-31	$342,449
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$24,262
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$612,830
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$612,830
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-213,291
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$291,918
Employer contributions (assets) at end of year	2011-12-31	$23,701
Income. Dividends from common stock	2011-12-31	$2,297
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$652,190
Contract administrator fees	2011-12-31	$26,119
Assets. Corporate common stocks other than exployer securities at end of year	2011-12-31	$316,713
Assets. Corporate common stocks other than exployer securities at beginning of year	2011-12-31	$488,525
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	BEENE GARTER LLP
Accountancy firm EIN	2011-12-31	381337372
2010 : MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$1,770,964
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$536,052
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$518,103
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$587,962
Value of total assets at end of year	2010-12-31	$10,017,264
Value of total assets at beginning of year	2010-12-31	$8,782,352
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$17,949
Total interest from all sources	2010-12-31	$13,019
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$62,837
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$60,834
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$427,224
Participant contributions at end of year	2010-12-31	$219,933
Participant contributions at beginning of year	2010-12-31	$249,131
Other income not declared elsewhere	2010-12-31	$113,006
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$1,234,912
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$10,017,264
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$8,782,352
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Investment advisory and management fees	2010-12-31	$17,949
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$8,353,527
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$7,141,578
Interest on participant loans	2010-12-31	$13,019
Value of interest in common/collective trusts at end of year	2010-12-31	$342,449
Value of interest in common/collective trusts at beginning of year	2010-12-31	$458,000
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$612,830
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$568,081
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$568,081
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2010-12-31	$9,605
Expenses. Payments to insurance carriers foe the provision of benefits	2010-12-31	$1,346
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$994,140
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$160,738
Income. Dividends from common stock	2010-12-31	$2,003
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$516,757
Assets. Corporate common stocks other than exployer securities at end of year	2010-12-31	$488,525
Assets. Corporate common stocks other than exployer securities at beginning of year	2010-12-31	$355,957
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	BEENE GARTER LLP
Accountancy firm EIN	2010-12-31	381337372
2009 : MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN

2021: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	This submission is the final filing	Yes
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Mulitple employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Mulitple employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Mulitple employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Mulitple employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Mulitple employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Insurance	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement – Insurance	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Mulitple employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Mulitple employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Mulitple employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Mulitple employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Mulitple employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: MAGIC STEEL CORP EE'S 401(K) P/S RET PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Mulitple employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )

Policy contract number

070679000

Policy instance

Insurance contract or identification number	070679000
Number of Individuals Covered	1
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Insurance broker organization code?	3

METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )

Policy contract number

070679000

Policy instance

Insurance contract or identification number	070679000
Number of Individuals Covered	1
Insurance policy start date	2018-01-01
Insurance policy end date	2018-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Insurance broker organization code?	3

METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )

Policy contract number

070679000

Policy instance

Insurance contract or identification number	070679000
Number of Individuals Covered	1
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Insurance broker organization code?	3
Insurance broker name

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Company Name:	MAGIC STEEL CORPORATION
Employer identification number (EIN):	382047132
NAIC Classification:	423500

Jurisdiction of Incorporation:	Michigan Department of Licensing & Regulatory Affairs
Incorporation Date:
Company Identification Number:	101947