?>
Logo

MIDSOTA MANUFACTURING 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameMIDSOTA MANUFACTURING 401(K) PROFIT SHARING PLAN
Plan identification number 001

MIDSOTA MANUFACTURING 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

MIDSOTA MANUFACTURING has sponsored the creation of one or more 401k plans.

Company Name:MIDSOTA MANUFACTURING
Employer identification number (EIN):411919039
NAIC Classification:331200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MIDSOTA MANUFACTURING 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01JOEL BAUER2019-02-11 JOEL BAUER2019-02-11
0012017-01-01JOEL BAUER2018-07-24 JOEL BAUER2018-07-24
0012016-01-01JOEL BAUER2017-09-12 JOEL BAUER2017-09-12
0012015-01-01JOEL BAUER2016-06-13 JOEL BAUER2016-06-13
0012014-01-01JOEL BAUER2015-02-27 JOEL BAUER2015-02-27
0012013-01-01JOEL BAUER2014-01-22 JOEL BAUER2014-01-22
0012012-01-01JOEL BAUER2013-02-18 JOEL BAUER2013-02-18
0012011-01-01JOEL BAUER2012-09-21 JOEL BAUER2012-09-21
0012010-01-01JOEL BAUER2011-07-20 JOEL BAUER2011-07-20

Plan Statistics for MIDSOTA MANUFACTURING 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for MIDSOTA MANUFACTURING 401(K) PROFIT SHARING PLAN

Measure Date Value
2021: MIDSOTA MANUFACTURING 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01111
Total number of active participants reported on line 7a of the Form 55002021-01-010
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-010
Number of participants with account balances2021-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: MIDSOTA MANUFACTURING 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01133
Total number of active participants reported on line 7a of the Form 55002020-01-010
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-01111
Total of all active and inactive participants2020-01-01111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01111
Number of participants with account balances2020-01-01111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0110
2019: MIDSOTA MANUFACTURING 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01139
Total number of active participants reported on line 7a of the Form 55002019-01-01101
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0116
Total of all active and inactive participants2019-01-01117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01117
Number of participants with account balances2019-01-01108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0123

Financial Data on MIDSOTA MANUFACTURING 401(K) PROFIT SHARING PLAN

Measure Date Value
2021 : MIDSOTA MANUFACTURING 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-02-12$128,655
Total of all expenses incurred2021-02-12$2,835,139
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-02-12$2,827,891
Value of total assets at end of year2021-02-12$0
Value of total assets at beginning of year2021-02-12$2,706,484
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-02-12$7,248
Total interest from all sources2021-02-12$182
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-02-12Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2021-02-12$0
Was this plan covered by a fidelity bond2021-02-12Yes
Value of fidelity bond cover2021-02-12$200,000
If this is an individual account plan, was there a blackout period2021-02-12Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-02-12$0
Were there any nonexempt tranactions with any party-in-interest2021-02-12No
Participant contributions at end of year2021-02-12$0
Participant contributions at beginning of year2021-02-12$28,692
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-02-12No
Value of net income/loss2021-02-12$-2,706,484
Value of net assets at end of year (total assets less liabilities)2021-02-12$0
Value of net assets at beginning of year (total assets less liabilities)2021-02-12$2,706,484
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-02-12No
Were any loans by the plan or fixed income obligations due to the plan in default2021-02-12No
Were any leases to which the plan was party in default or uncollectible2021-02-12No
Investment advisory and management fees2021-02-12$44
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-02-12$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-02-12$2,677,733
Interest on participant loans2021-02-12$182
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-02-12$128,473
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-02-12No
Was there a failure to transmit to the plan any participant contributions2021-02-12No
Has the plan failed to provide any benefit when due under the plan2021-02-12No
Employer contributions (assets) at end of year2021-02-12$0
Employer contributions (assets) at beginning of year2021-02-12$59
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-02-12$2,827,891
Contract administrator fees2021-02-12$7,204
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-02-12Yes
Did the plan have assets held for investment2021-02-12No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-02-12No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-02-12Yes
Opinion of an independent qualified public accountant for this plan2021-02-12Disclaimer
Accountancy firm name2021-02-12ELLINGSON & ELLINGSOM, LTD
Accountancy firm EIN2021-02-12411399624
2020 : MIDSOTA MANUFACTURING 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$43
Total income from all sources (including contributions)2020-12-31$755,151
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$297,719
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$274,916
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$405,493
Value of total assets at end of year2020-12-31$2,706,484
Value of total assets at beginning of year2020-12-31$2,249,095
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$22,803
Total interest from all sources2020-12-31$1,731
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2020-12-31$0
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$200,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$241,559
Participant contributions at end of year2020-12-31$28,692
Participant contributions at beginning of year2020-12-31$33,365
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$38,838
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$43
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$457,432
Value of net assets at end of year (total assets less liabilities)2020-12-31$2,706,484
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$2,249,052
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$2,677,733
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$2,212,819
Interest on participant loans2020-12-31$1,731
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$2,911
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$347,927
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$125,096
Employer contributions (assets) at end of year2020-12-31$59
Employer contributions (assets) at beginning of year2020-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$274,916
Contract administrator fees2020-12-31$22,803
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31ELLINGSON & ELLINGSON, LTD
Accountancy firm EIN2020-12-31411399624
2019 : MIDSOTA MANUFACTURING 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$43
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$783,193
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$120,752
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$114,127
Value of total corrective distributions2019-12-31$757
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$427,353
Value of total assets at end of year2019-12-31$2,249,095
Value of total assets at beginning of year2019-12-31$1,586,611
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$5,868
Total interest from all sources2019-12-31$1,603
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$200,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$257,666
Participant contributions at end of year2019-12-31$33,365
Participant contributions at beginning of year2019-12-31$27,098
Participant contributions at beginning of year2019-12-31$46
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$31,570
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$330
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$43
Administrative expenses (other) incurred2019-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$662,441
Value of net assets at end of year (total assets less liabilities)2019-12-31$2,249,052
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$1,586,611
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$2,212,819
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$1,559,119
Interest on participant loans2019-12-31$1,603
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$2,911
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$354,237
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$138,117
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$18
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$114,127
Contract administrator fees2019-12-31$5,868
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31ELLINGSON & ELLINGSON, LTD
Accountancy firm EIN2019-12-31411399624

Form 5500 Responses for MIDSOTA MANUFACTURING 401(K) PROFIT SHARING PLAN

2021: MIDSOTA MANUFACTURING 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingYes
2021-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: MIDSOTA MANUFACTURING 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: MIDSOTA MANUFACTURING 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number86121
Policy instance 1
Insurance contract or identification number86121
Number of Individuals Covered0
Insurance policy start date2021-01-01
Insurance policy end date2021-02-12
Total amount of commissions paid to insurance brokerUSD $1,773
Total amount of fees paid to insurance companyUSD $113
Are there contracts with allocated funds for types other than group deferred annuity or individual?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Other information about contractGROUP ANNUITY CONTRACT
Commission paid to Insurance BrokerUSD $1,773
Insurance broker organization code?3
Amount paid for insurance broker fees113
Additional information about fees paid to insurance brokerTPA COMPENSATION
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number86121
Policy instance 1
Insurance contract or identification number86121
Number of Individuals Covered111
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $9,013
Total amount of fees paid to insurance companyUSD $1,144
Are there contracts with allocated funds for types other than group deferred annuity or individual?Yes
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Other information about contractGROUP ANNUITY CONTRACT
Commission paid to Insurance BrokerUSD $9,013
Insurance broker organization code?3
Amount paid for insurance broker fees1144
Additional information about fees paid to insurance brokerTPA COMPENSATION
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number86121
Policy instance 1
Insurance contract or identification number86121
Number of Individuals Covered133
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $7,528
Total amount of fees paid to insurance companyUSD $963
Are there contracts with allocated funds for types other than group deferred annuity or individual?Yes
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Other information about contractGROUP ANNUITY CONTRACT
Commission paid to Insurance BrokerUSD $1,682
Insurance broker organization code?3
Amount paid for insurance broker fees963
Additional information about fees paid to insurance brokerTPA COMPENSATION & OTHER ALLOWANCES

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

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

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

See full terms and conditions

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