401k Plan data: MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN plan

MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	001

MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

MECHANICAL SYSTEMS, INC. has sponsored the creation of one or more 401k plans.

Company Name: MECHANICAL SYSTEMS, INC.

Employer identification number (EIN): 611293488

NAIC Classification: 238220
NAIC Description: Plumbing, Heating, and Air-Conditioning Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 LEE LINDSEY 2023-07-05
001 2021-01-01 LEE LINDSEY 2022-07-05
001 2020-01-01 LEE LINDSEY 2021-08-20
001 2018-01-01 LEE LINDSEY 2019-07-30
001 2017-01-01 LEE LINDSEY 2018-06-18
001 2016-01-01 LEE LINDSEY 2017-06-09
001 2015-01-01 LEE LINDSEY 2016-06-10
001 2014-01-01 LEE LINDSEY 2015-04-29
001 2013-01-01 LEE LINDSEY 2014-07-29
001 2012-01-01 LEE LINDSEY
001 2011-01-01 LEE LINDSEY
001 2009-01-01 LEE LINDSEY

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01	LEE LINDSEY	2023-07-05
001	2021-01-01	LEE LINDSEY	2022-07-05
001	2020-01-01	LEE LINDSEY	2021-08-20
001	2018-01-01	LEE LINDSEY	2019-07-30
001	2017-01-01	LEE LINDSEY	2018-06-18
001	2016-01-01	LEE LINDSEY	2017-06-09
001	2015-01-01	LEE LINDSEY	2016-06-10
001	2014-01-01	LEE LINDSEY	2015-04-29
001	2013-01-01	LEE LINDSEY	2014-07-29
001	2012-01-01	LEE LINDSEY
001	2011-01-01	LEE LINDSEY
001	2009-01-01	LEE LINDSEY

Plan Statistics for MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2012: MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 18
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 12
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 4
Total of all active and inactive participants 2012-01-01 16
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 16
Number of participants with account balances 2012-01-01 13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 1
2011: MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 19
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 11
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 6
Total of all active and inactive participants 2011-01-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 17
Number of participants with account balances 2011-01-01 15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 1
2009: MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 18
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 11
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 6
Total of all active and inactive participants 2009-01-01 17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 17
Number of participants with account balances 2009-01-01 16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2012: MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	18
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	12
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	4
Total of all active and inactive participants	2012-01-01	16
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	16
Number of participants with account balances	2012-01-01	13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	1
2011: MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	19
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	11
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	6
Total of all active and inactive participants	2011-01-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	17
Number of participants with account balances	2011-01-01	15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	1
2009: MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	18
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	11
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	6
Total of all active and inactive participants	2009-01-01	17
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	17
Number of participants with account balances	2009-01-01	16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2012 : MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$92,698
Expenses. Total of all expenses incurred	2012-12-31	$28,551
Benefits paid (including direct rollovers)	2012-12-31	$28,551
Total plan assets at end of year	2012-12-31	$451,423
Total plan assets at beginning of year	2012-12-31	$387,276
Value of fidelity bond covering the plan	2012-12-31	$50,000
Total contributions received or receivable from participants	2012-12-31	$37,650
Expenses. Other expenses not covered elsewhere	2012-12-31	$0
Contributions received from other sources (not participants or employers)	2012-12-31	$0
Other income received	2012-12-31	$50,051
Net income (gross income less expenses)	2012-12-31	$64,147
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$451,423
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$387,276
Total contributions received or receivable from employer(s)	2012-12-31	$4,997
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$0
2011 : MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$7,655
Expenses. Total of all expenses incurred	2011-12-31	$3,556
Benefits paid (including direct rollovers)	2011-12-31	$3,556
Total plan assets at end of year	2011-12-31	$387,276
Total plan assets at beginning of year	2011-12-31	$383,177
Value of fidelity bond covering the plan	2011-12-31	$50,000
Total contributions received or receivable from participants	2011-12-31	$27,171
Contributions received from other sources (not participants or employers)	2011-12-31	$0
Other income received	2011-12-31	$-24,009
Net income (gross income less expenses)	2011-12-31	$4,099
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$387,276
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$383,177
Total contributions received or receivable from employer(s)	2011-12-31	$4,493
2010 : MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$87,713
Expenses. Total of all expenses incurred	2010-12-31	$20,661
Benefits paid (including direct rollovers)	2010-12-31	$20,661
Total plan assets at end of year	2010-12-31	$382,521
Total plan assets at beginning of year	2010-12-31	$315,469
Value of fidelity bond covering the plan	2010-12-31	$50,000
Total contributions received or receivable from participants	2010-12-31	$44,713
Contributions received from other sources (not participants or employers)	2010-12-31	$0
Other income received	2010-12-31	$37,723
Net income (gross income less expenses)	2010-12-31	$67,052
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$382,521
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$315,469
Total contributions received or receivable from employer(s)	2010-12-31	$5,277
2009 : MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

2012: MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2011: MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2009: MECHANICAL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes

Insurance Providers Used on plan

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )

Policy contract number

GAP-54-EQ51

Policy instance

Insurance contract or identification number	GAP-54-EQ51
Number of Individuals Covered	12
Insurance policy start date	2012-01-01
Insurance policy end date	2012-12-31
Total amount of commissions paid to insurance broker	USD $3,371
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for types other than group deferred annuity or individual?	Yes
Other information about contract	A GROUP ANNUITY CONTRACT
Commission paid to Insurance Broker	USD $0
Insurance broker name	AMERIPRISE FINANCIAL SERVICES

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )

Policy contract number

GAP-54-EQ51

Policy instance

Insurance contract or identification number	GAP-54-EQ51
Number of Individuals Covered	11
Insurance policy start date	2011-01-01
Insurance policy end date	2011-12-31
Total amount of commissions paid to insurance broker	USD $3,145
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for types other than group deferred annuity or individual?	Yes
Other information about contract	A GROUP ANNUITY CONTRACT

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )

Policy contract number

GAP-54-EQ51

Policy instance

Insurance contract or identification number	GAP-54-EQ51
Number of Individuals Covered	13
Insurance policy start date	2010-01-01
Insurance policy end date	2010-12-31
Total amount of commissions paid to insurance broker	USD $2,654
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for types other than group deferred annuity or individual?	Yes
Other information about contract	A GROUP ANNUITY CONTRACT
Commission paid to Insurance Broker	USD $0
Insurance broker name	AMERIPRISE FINANCIAL SERVICES

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Company Name:	MECHANICAL SYSTEMS, INC.
Employer identification number (EIN):	611293488
NAIC Classification:	238220
NAIC Description:	Plumbing, Heating, and Air-Conditioning Contractors