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MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 401k Plan overview

Plan NameMACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN
Plan identification number 001

MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K 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.
  • 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) received services of leased employees, as defined in Code section 414(n), during the plan year.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

MACHINE TOOL AND GEAR, INC. has sponsored the creation of one or more 401k plans.

Company Name:MACHINE TOOL AND GEAR, INC.
Employer identification number (EIN):450497063
NAIC Classification:336300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-01-01DIANE WOLVERTON
0012016-01-01SCOTT WRIGHT
0012015-01-01SCOTT WRIGHT
0012014-01-01SCOTT WRIGHT
0012013-01-01SCOTT WRIGHT SCOTT WRIGHT2014-10-03
0012012-01-01SCOTT WRIGHT SCOTT WRIGHT2013-10-07
0012011-01-01SCOTT WRIGHT
0012009-01-01SCOTT WRIGHT SCOTT WRIGHT2010-10-07

Plan Statistics for MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN

401k plan membership statisitcs for MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN

Measure Date Value
2017: MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01305
Total number of active participants reported on line 7a of the Form 55002017-01-010
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-010
Number of participants with account balances2017-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01295
Total number of active participants reported on line 7a of the Form 55002016-01-01296
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-019
Total of all active and inactive participants2016-01-01305
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01305
Number of participants with account balances2016-01-0178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01261
Total number of active participants reported on line 7a of the Form 55002015-01-01287
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-018
Total of all active and inactive participants2015-01-01295
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01295
Number of participants with account balances2015-01-0176
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01291
Total number of active participants reported on line 7a of the Form 55002014-01-01260
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-011
Total of all active and inactive participants2014-01-01261
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01261
Number of participants with account balances2014-01-0179
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01318
Total number of active participants reported on line 7a of the Form 55002013-01-01289
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-012
Total of all active and inactive participants2013-01-01291
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01291
Number of participants with account balances2013-01-0177
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01322
Total number of active participants reported on line 7a of the Form 55002012-01-01315
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-013
Total of all active and inactive participants2012-01-01318
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01318
Number of participants with account balances2012-01-0177
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01258
Total number of active participants reported on line 7a of the Form 55002011-01-01319
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-013
Total of all active and inactive participants2011-01-01322
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01322
Number of participants with account balances2011-01-0176
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01205
Total number of active participants reported on line 7a of the Form 55002009-01-01196
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-015
Total of all active and inactive participants2009-01-01201
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01201
Number of participants with account balances2009-01-0173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN

Measure Date Value
2017 : MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2017 401k financial data
Total transfer of assets from this plan2017-12-31$1,905,965
Total income from all sources (including contributions)2017-12-31$448,581
Total loss/gain on sale of assets2017-12-31$9,743
Total of all expenses incurred2017-12-31$98,883
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$80,534
Value of total corrective distributions2017-12-31$4,273
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$193,524
Value of total assets at end of year2017-12-31$0
Value of total assets at beginning of year2017-12-31$1,556,267
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$14,076
Total interest from all sources2017-12-31$2,461
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$53,585
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2017-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$53,585
Administrative expenses professional fees incurred2017-12-31$14,054
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$1,000,000
If this is an individual account plan, was there a blackout period2017-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$167,820
Participant contributions at end of year2017-12-31$0
Participant contributions at beginning of year2017-12-31$53,050
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$25,704
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$349,698
Value of net assets at end of year (total assets less liabilities)2017-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$1,556,267
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$22
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$1,334,909
Interest on participant loans2017-12-31$2,461
Value of interest in common/collective trusts at end of year2017-12-31$0
Value of interest in common/collective trusts at beginning of year2017-12-31$168,308
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$186,725
Net investment gain or loss from common/collective trusts2017-12-31$2,543
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$80,534
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31Yes
Did the plan have assets held for investment2017-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31Yes
Aggregate proceeds on sale of assets2017-12-31$338,979
Aggregate carrying amount (costs) on sale of assets2017-12-31$329,236
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31MCCLAIN, SMITH & WENZ, PC
Accountancy firm EIN2017-12-31383382520
2016 : MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2016 401k financial data
Total transfer of assets to this plan2016-12-31$863
Total income from all sources (including contributions)2016-12-31$316,198
Total loss/gain on sale of assets2016-12-31$46,888
Total of all expenses incurred2016-12-31$453,279
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$444,247
Value of total corrective distributions2016-12-31$1,020
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$186,361
Value of total assets at end of year2016-12-31$1,556,267
Value of total assets at beginning of year2016-12-31$1,692,485
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$8,012
Total interest from all sources2016-12-31$1,655
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$36,622
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$36,622
Administrative expenses professional fees incurred2016-12-31$7,920
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$186,361
Participant contributions at end of year2016-12-31$53,050
Participant contributions at beginning of year2016-12-31$44,635
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-137,081
Value of net assets at end of year (total assets less liabilities)2016-12-31$1,556,267
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$1,692,485
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$92
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$1,334,909
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$1,301,158
Interest on participant loans2016-12-31$1,655
Value of interest in common/collective trusts at end of year2016-12-31$168,308
Value of interest in common/collective trusts at beginning of year2016-12-31$320,465
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$26,227
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$26,227
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$43,318
Net investment gain or loss from common/collective trusts2016-12-31$1,354
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$444,247
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$2,179,097
Aggregate carrying amount (costs) on sale of assets2016-12-31$2,132,209
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31MCCLAIN, SMITH & WENZ, PC
Accountancy firm EIN2016-12-31383382520
2015 : MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2015 401k financial data
Total income from all sources (including contributions)2015-12-31$194,502
Total loss/gain on sale of assets2015-12-31$16,276
Total of all expenses incurred2015-12-31$561,325
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$547,943
Value of total corrective distributions2015-12-31$5,427
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$196,144
Value of total assets at end of year2015-12-31$1,692,485
Value of total assets at beginning of year2015-12-31$2,059,308
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$7,955
Total interest from all sources2015-12-31$2,013
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$64,106
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$64,106
Administrative expenses professional fees incurred2015-12-31$7,748
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$1,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$190,059
Participant contributions at end of year2015-12-31$44,635
Participant contributions at beginning of year2015-12-31$58,482
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$6,085
Other income not declared elsewhere2015-12-31$140
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-366,823
Value of net assets at end of year (total assets less liabilities)2015-12-31$1,692,485
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$2,059,308
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$207
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$1,301,158
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$1,652,990
Interest on participant loans2015-12-31$2,013
Value of interest in common/collective trusts at end of year2015-12-31$320,465
Value of interest in common/collective trusts at beginning of year2015-12-31$338,504
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$26,227
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$9,332
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$9,332
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-87,313
Net investment gain or loss from common/collective trusts2015-12-31$3,136
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31Yes
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$547,943
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$1,237,296
Aggregate carrying amount (costs) on sale of assets2015-12-31$1,221,020
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31MCCLAIN, SMITH & WENZ , PC
Accountancy firm EIN2015-12-31383382520
2014 : MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$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$265,727
Total loss/gain on sale of assets2014-12-31$-3,895
Total of all expenses incurred2014-12-31$216,631
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$204,763
Value of total corrective distributions2014-12-31$4,545
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$189,842
Value of total assets at end of year2014-12-31$2,059,308
Value of total assets at beginning of year2014-12-31$2,010,212
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$7,323
Total interest from all sources2014-12-31$2,606
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$102,175
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$102,175
Administrative expenses professional fees incurred2014-12-31$7,223
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$1,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$189,842
Participant contributions at end of year2014-12-31$58,482
Participant contributions at beginning of year2014-12-31$64,148
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$49,096
Value of net assets at end of year (total assets less liabilities)2014-12-31$2,059,308
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$2,010,212
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$100
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$1,652,990
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$1,471,699
Income. Interest from loans (other than to participants)2014-12-31$2,606
Value of interest in common/collective trusts at end of year2014-12-31$338,504
Value of interest in common/collective trusts at beginning of year2014-12-31$471,865
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$9,332
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$2,500
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$2,500
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$3,036
Net investment gain or loss from common/collective trusts2014-12-31$-28,037
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$204,763
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$691,533
Aggregate carrying amount (costs) on sale of assets2014-12-31$695,428
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31MCCLAIN, SMITH & WENZ, PC
Accountancy firm EIN2014-12-31383382520
2013 : MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$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$470,512
Total loss/gain on sale of assets2013-12-31$52,259
Total of all expenses incurred2013-12-31$126,858
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$113,573
Value of total corrective distributions2013-12-31$5,236
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$167,040
Value of total assets at end of year2013-12-31$2,010,212
Value of total assets at beginning of year2013-12-31$1,666,558
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$8,049
Total interest from all sources2013-12-31$2,837
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$82,160
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$82,160
Administrative expenses professional fees incurred2013-12-31$8,049
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$1,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$167,040
Participant contributions at end of year2013-12-31$64,148
Participant contributions at beginning of year2013-12-31$55,805
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$343,654
Value of net assets at end of year (total assets less liabilities)2013-12-31$2,010,212
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$1,666,558
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$1,471,699
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$1,261,488
Interest on participant loans2013-12-31$2,837
Value of interest in common/collective trusts at end of year2013-12-31$471,865
Value of interest in common/collective trusts at beginning of year2013-12-31$349,265
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$2,500
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$163,070
Net investment gain or loss from common/collective trusts2013-12-31$3,146
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31Yes
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$113,573
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$890,707
Aggregate carrying amount (costs) on sale of assets2013-12-31$838,448
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31MCCLAIN, SMITH & WENZ, PC
Accountancy firm EIN2013-12-31383382520
2012 : MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$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$357,320
Total loss/gain on sale of assets2012-12-31$13,758
Total of all expenses incurred2012-12-31$23,839
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$17,473
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$186,172
Value of total assets at end of year2012-12-31$1,666,558
Value of total assets at beginning of year2012-12-31$1,333,077
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$6,366
Total interest from all sources2012-12-31$1,938
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$48,553
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$48,553
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$1,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$153,150
Participant contributions at end of year2012-12-31$55,805
Participant contributions at beginning of year2012-12-31$37,514
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$33,022
Administrative expenses (other) incurred2012-12-31$6,366
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$333,481
Value of net assets at end of year (total assets less liabilities)2012-12-31$1,666,558
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$1,333,077
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$1,261,488
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$972,328
Interest on participant loans2012-12-31$1,938
Value of interest in common/collective trusts at end of year2012-12-31$349,265
Value of interest in common/collective trusts at beginning of year2012-12-31$323,235
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$101,752
Net investment gain or loss from common/collective trusts2012-12-31$5,147
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31Yes
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$17,473
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Aggregate proceeds on sale of assets2012-12-31$336,777
Aggregate carrying amount (costs) on sale of assets2012-12-31$323,019
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31MCCLAIN, SMITH & WENZ, PC
Accountancy firm EIN2012-12-31383382520
2011 : MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total transfer of assets from this plan2011-12-31$22,035
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$96,935
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$44,690
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$39,569
Value of total corrective distributions2011-12-31$752
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$153,065
Value of total assets at end of year2011-12-31$1,333,077
Value of total assets at beginning of year2011-12-31$1,302,867
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$4,369
Total interest from all sources2011-12-31$1,606
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$29,011
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$29,011
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$1,000,000
If this is an individual account plan, was there a blackout period2011-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$153,065
Participant contributions at end of year2011-12-31$37,514
Participant contributions at beginning of year2011-12-31$33,989
Other income not declared elsewhere2011-12-31$29,464
Administrative expenses (other) incurred2011-12-31$4,369
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$52,245
Value of net assets at end of year (total assets less liabilities)2011-12-31$1,333,077
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$1,302,867
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$972,328
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$1,011,091
Interest on participant loans2011-12-31$1,606
Value of interest in common/collective trusts at end of year2011-12-31$323,235
Value of interest in common/collective trusts at beginning of year2011-12-31$257,787
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-114,953
Net investment gain or loss from common/collective trusts2011-12-31$-1,258
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$39,569
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31Yes
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$1,858
Aggregate carrying amount (costs) on sale of assets2011-12-31$1,858
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31MCCLAIN, SMITH & WENZ, PC
Accountancy firm EIN2011-12-31383382520
2010 : MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total transfer of assets to this plan2010-12-31$3,791
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$296,571
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$28,800
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$25,239
Expenses. Certain deemed distributions of participant loans2010-12-31$27
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$135,859
Value of total assets at end of year2010-12-31$1,302,867
Value of total assets at beginning of year2010-12-31$1,031,305
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$3,534
Total interest from all sources2010-12-31$2,096
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$14,104
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$14,104
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$1,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$135,859
Participant contributions at end of year2010-12-31$33,989
Participant contributions at beginning of year2010-12-31$44,431
Other income not declared elsewhere2010-12-31$27
Administrative expenses (other) incurred2010-12-31$3,534
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$267,771
Value of net assets at end of year (total assets less liabilities)2010-12-31$1,302,867
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$1,031,305
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$1,011,091
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$803,431
Interest on participant loans2010-12-31$2,096
Value of interest in common/collective trusts at end of year2010-12-31$257,787
Value of interest in common/collective trusts at beginning of year2010-12-31$183,443
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$131,420
Net investment gain or loss from common/collective trusts2010-12-31$13,065
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31Yes
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$25,239
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31MCCLAIN, SMITH & WENZ, PC
Accountancy firm EIN2010-12-31383382520
2009 : MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN

2017: MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01This submission is the final filingYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: MACHINE TOOL AND GEAR HOURLY AND SALARIED EMPLOYEES 401K PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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