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MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 401k Plan overview

Plan NameMAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1
Plan identification number 001

MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 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.
  • 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

MIKE ANDERSON AUTOMOTIVE GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name:MIKE ANDERSON AUTOMOTIVE GROUP, INC.
Employer identification number (EIN):460923801
NAIC Classification:444110
NAIC Description:Home Centers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012019-01-01
0012018-01-01
0012017-01-01WILLIAM W THOMPSON
0012016-01-01WILLIAM W THOMPSON
0012015-01-01WILLIAM W THOMPSON
0012014-01-01WILLIAM W THOMPSON

Plan Statistics for MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1

401k plan membership statisitcs for MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1

Measure Date Value
2019: MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 2019 401k membership
Total participants, beginning-of-year2019-01-01148
Total number of active participants reported on line 7a of the Form 55002019-01-01102
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0120
Total of all active and inactive participants2019-01-01122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011
Total participants2019-01-01123
Number of participants with account balances2019-01-0182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0113
2018: MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 2018 401k membership
Total participants, beginning-of-year2018-01-01137
Total number of active participants reported on line 7a of the Form 55002018-01-01124
Number of retired or separated participants receiving benefits2018-01-011
Number of other retired or separated participants entitled to future benefits2018-01-0115
Total of all active and inactive participants2018-01-01140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01140
Number of participants with account balances2018-01-01103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0110
2017: MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 2017 401k membership
Total participants, beginning-of-year2017-01-01122
Total number of active participants reported on line 7a of the Form 55002017-01-01121
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0112
Total of all active and inactive participants2017-01-01133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01133
Number of participants with account balances2017-01-0198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0110
2016: MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 2016 401k membership
Total participants, beginning-of-year2016-01-01130
Total number of active participants reported on line 7a of the Form 55002016-01-01106
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 participants2016-01-01115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01115
Number of participants with account balances2016-01-0182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-011
2015: MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 2015 401k membership
Total participants, beginning-of-year2015-01-01124
Total number of active participants reported on line 7a of the Form 55002015-01-01109
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0113
Total of all active and inactive participants2015-01-01122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01122
Number of participants with account balances2015-01-0184
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-017
2014: MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 2014 401k membership
Total participants, beginning-of-year2014-01-01141
Total number of active participants reported on line 7a of the Form 55002014-01-01108
Number of retired or separated participants receiving benefits2014-01-0117
Number of other retired or separated participants entitled to future benefits2014-01-0114
Total of all active and inactive participants2014-01-01139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01139
Number of participants with account balances2014-01-0179
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-015

Financial Data on MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1

Measure Date Value
2019 : MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets from this plan2019-12-31$617,601
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$413
Total income from all sources (including contributions)2019-12-31$1,167,153
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$109,093
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$63,469
Value of total corrective distributions2019-12-31$6,929
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$340,179
Value of total assets at end of year2019-12-31$3,940,130
Value of total assets at beginning of year2019-12-31$3,500,084
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$38,695
Total interest from all sources2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$63,210
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$63,210
Administrative expenses professional fees incurred2019-12-31$38,695
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$285,856
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$55,847
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$1,126
Liabilities. Value of operating payables at beginning of year2019-12-31$13
Total non interest bearing cash at end of year2019-12-31$54
Total non interest bearing cash at beginning of year2019-12-31$413
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$1,058,060
Value of net assets at end of year (total assets less liabilities)2019-12-31$3,940,130
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$3,499,671
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$3,479,653
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$3,283,273
Value of interest in common/collective trusts at end of year2019-12-31$460,423
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$159,425
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$159,425
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$756,439
Net investment gain or loss from common/collective trusts2019-12-31$7,325
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31Yes
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$54,323
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$63,469
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$400
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 name2019-12-31ROWLEY & COMPANY LLP
Accountancy firm EIN2019-12-31351866709
2018 : MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets to this plan2018-12-31$722,773
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$413
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$8,827
Total income from all sources (including contributions)2018-12-31$128,146
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$549,747
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$514,219
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$358,899
Value of total assets at end of year2018-12-31$3,500,084
Value of total assets at beginning of year2018-12-31$3,207,326
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$35,528
Total interest from all sources2018-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$57,578
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$57,578
Administrative expenses professional fees incurred2018-12-31$35,528
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$301,013
Participant contributions at beginning of year2018-12-31$2,232
Assets. Other investments not covered elsewhere at end of year2018-12-31$55,847
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$97,500
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$1,126
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$1,585
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$8,645
Liabilities. Value of operating payables at end of year2018-12-31$13
Liabilities. Value of operating payables at beginning of year2018-12-31$22
Total non interest bearing cash at end of year2018-12-31$413
Total non interest bearing cash at beginning of year2018-12-31$19
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-421,601
Value of net assets at end of year (total assets less liabilities)2018-12-31$3,499,671
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$3,198,499
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$3,283,273
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$2,945,609
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$159,425
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$159,927
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$159,927
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-293,308
Net investment gain or loss from common/collective trusts2018-12-31$4,977
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31Yes
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$57,886
Employer contributions (assets) at beginning of year2018-12-31$454
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$514,219
Liabilities. Value of benefit claims payable at end of year2018-12-31$400
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$160
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31ROWLEY & COMPANY LLP
Accountancy firm EIN2018-12-31351866709
2017 : MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$8,827
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$260
Total income from all sources (including contributions)2017-12-31$796,530
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$1,116,864
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$1,075,691
Value of total corrective distributions2017-12-31$8,645
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$331,164
Value of total assets at end of year2017-12-31$3,207,326
Value of total assets at beginning of year2017-12-31$3,519,093
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$32,528
Total interest from all sources2017-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$41,697
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$41,697
Administrative expenses professional fees incurred2017-12-31$32,528
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$277,208
Participant contributions at end of year2017-12-31$2,232
Participant contributions at beginning of year2017-12-31$0
Assets. Other investments not covered elsewhere at end of year2017-12-31$97,500
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$332,771
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$1,585
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$4,526
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-12-31$8,645
Liabilities. Value of operating payables at end of year2017-12-31$22
Liabilities. Value of operating payables at beginning of year2017-12-31$260
Total non interest bearing cash at end of year2017-12-31$19
Total non interest bearing cash at beginning of year2017-12-31$206
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$-320,334
Value of net assets at end of year (total assets less liabilities)2017-12-31$3,198,499
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$3,518,833
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$2,945,609
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$2,876,131
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$159,927
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$305,459
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$305,459
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$418,414
Net investment gain or loss from common/collective trusts2017-12-31$5,255
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31Yes
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$53,956
Employer contributions (assets) at end of year2017-12-31$454
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$1,075,691
Liabilities. Value of benefit claims payable at end of year2017-12-31$160
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31ROWLEY & COMPANY LLP
Accountancy firm EIN2017-12-31351866709
2016 : MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$260
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$280
Total income from all sources (including contributions)2016-12-31$703,028
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$156,209
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$131,115
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$524,224
Value of total assets at end of year2016-12-31$3,519,093
Value of total assets at beginning of year2016-12-31$2,972,294
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$25,094
Total interest from all sources2016-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$39,245
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$39,245
Administrative expenses professional fees incurred2016-12-31$25,094
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$281,283
Participant contributions at end of year2016-12-31$0
Participant contributions at beginning of year2016-12-31$2,234
Assets. Other investments not covered elsewhere at end of year2016-12-31$332,771
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$202,845
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$187,459
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$4,526
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$2,719
Liabilities. Value of operating payables at end of year2016-12-31$260
Liabilities. Value of operating payables at beginning of year2016-12-31$280
Total non interest bearing cash at end of year2016-12-31$206
Total non interest bearing cash at beginning of year2016-12-31$9,311
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$546,819
Value of net assets at end of year (total assets less liabilities)2016-12-31$3,518,833
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$2,972,014
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$2,876,131
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$2,252,365
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$305,459
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$188,052
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$188,052
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$125,818
Net investment gain or loss from common/collective trusts2016-12-31$13,741
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31Yes
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$55,482
Employer contributions (assets) at beginning of year2016-12-31$697
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$131,115
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$314,071
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31ROWLEY & COMPANY LLP
Accountancy firm EIN2016-12-31351866709
2015 : MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total transfer of assets to this plan2015-12-31$49,069
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$280
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$10,382
Total income from all sources (including contributions)2015-12-31$272,768
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$190,151
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$173,665
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$304,597
Value of total assets at end of year2015-12-31$2,972,294
Value of total assets at beginning of year2015-12-31$2,850,710
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$16,486
Total interest from all sources2015-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$17,365
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$17,365
Administrative expenses professional fees incurred2015-12-31$16,486
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$251,084
Participant contributions at end of year2015-12-31$2,234
Participant contributions at beginning of year2015-12-31$144
Assets. Other investments not covered elsewhere at end of year2015-12-31$202,845
Assets. Other investments not covered elsewhere at beginning of year2015-12-31$55,680
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$497
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$2,719
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$1,136
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$9,611
Liabilities. Value of operating payables at end of year2015-12-31$280
Liabilities. Value of operating payables at beginning of year2015-12-31$771
Total non interest bearing cash at end of year2015-12-31$9,311
Total non interest bearing cash at beginning of year2015-12-31$5,557
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$82,617
Value of net assets at end of year (total assets less liabilities)2015-12-31$2,972,014
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$2,840,328
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$2,252,365
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$2,341,395
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$188,052
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$55,725
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$55,725
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$217,501
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-47,837
Net investment gain/loss from pooled separate accounts2015-12-31$817
Net investment gain or loss from common/collective trusts2015-12-31$-2,174
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$53,016
Employer contributions (assets) at end of year2015-12-31$697
Employer contributions (assets) at beginning of year2015-12-31$24
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$173,665
Assets. Corporate common stocks other than exployer securities at end of year2015-12-31$314,071
Assets. Corporate common stocks other than exployer securities at beginning of year2015-12-31$173,548
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31ROWLEY & COMPANY LLP
Accountancy firm EIN2015-12-31351866709
2014 : MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total transfer of assets from this plan2014-12-31$691,590
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$10,382
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$1,193
Total income from all sources (including contributions)2014-12-31$509,390
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$1,031,831
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$1,020,234
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$308,629
Value of total assets at end of year2014-12-31$2,850,710
Value of total assets at beginning of year2014-12-31$4,055,552
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$11,597
Total interest from all sources2014-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$20,323
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$20,323
Administrative expenses professional fees incurred2014-12-31$11,597
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31Yes
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$253,781
Participant contributions at end of year2014-12-31$144
Assets. Other investments not covered elsewhere at end of year2014-12-31$55,680
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$1,136
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$9,611
Liabilities. Value of operating payables at end of year2014-12-31$771
Total non interest bearing cash at end of year2014-12-31$5,557
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-522,441
Value of net assets at end of year (total assets less liabilities)2014-12-31$2,840,328
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$4,054,359
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$2,341,395
Value of interest in pooled separate accounts at beginning of year2014-12-31$3,652,447
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$55,725
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2014-12-31$217,501
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-12-31$381,337
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$85,302
Net investment gain/loss from pooled separate accounts2014-12-31$60,880
Net investment gain or loss from common/collective trusts2014-12-31$34,256
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$54,848
Employer contributions (assets) at end of year2014-12-31$24
Employer contributions (assets) at beginning of year2014-12-31$21,768
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$1,020,234
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-12-31Yes
Assets. Corporate common stocks other than exployer securities at end of year2014-12-31$173,548
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
Liabilities. Value of acquisition indebtedness at beginning of year2014-12-31$1,193
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 name2014-12-31ROWLEY BUSHUE & COMPANY LLP
Accountancy firm EIN2014-12-31351866709

Form 5500 Responses for MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1

2019: MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 2019 form 5500 responses
2019-01-01Type of plan entityMulitple employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 2018 form 5500 responses
2018-01-01Type of plan entityMulitple employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: MAAG 401(K) SALARY REDUCTION PLAN AND TRUST #1 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number937825-01
Policy instance 1
Insurance contract or identification number937825-01
Number of Individuals Covered0
Insurance policy start date2015-01-01
Insurance policy end date2015-04-30
Total amount of commissions paid to insurance brokerUSD $182
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $182
Insurance broker organization code?3
Insurance broker nameRAYMOND SURENKAMP
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number937825-01
Policy instance 1
Insurance contract or identification number937825-01
Number of Individuals Covered43
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $4,557
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
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 planNo
Contracts With Unallocated Funds Deposit Administration0
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?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $4,557
Amount paid for insurance broker fees0
Insurance broker organization code?3
Insurance broker nameRAYMOND SURENKAMP

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