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MCG U.S. HOLDINGS, INC. 401(K) PLAN 401k Plan overview

Plan NameMCG U.S. HOLDINGS, INC. 401(K) PLAN
Plan identification number 004

MCG U.S. HOLDINGS, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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

MCG U.S. HOLDINGS, INC. has sponsored the creation of one or more 401k plans.

Company Name:MCG U.S. HOLDINGS, INC.
Employer identification number (EIN):650015315
NAIC Classification:541600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MCG U.S. HOLDINGS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042015-01-01MELANIE WILLIAMSON
0042014-01-01
0042013-01-01
0042012-01-01F. STEVEN HITCHCOCK
0042011-01-01MARC COCHRAN
0042010-01-01MARC COCHRAN
0042009-01-01NANCY MANARY

Plan Statistics for MCG U.S. HOLDINGS, INC. 401(K) PLAN

401k plan membership statisitcs for MCG U.S. HOLDINGS, INC. 401(K) PLAN

Measure Date Value
2015: MCG U.S. HOLDINGS, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01805
Total number of active participants reported on line 7a of the Form 55002015-01-01451
Number of retired or separated participants receiving benefits2015-01-0178
Number of other retired or separated participants entitled to future benefits2015-01-01295
Total of all active and inactive participants2015-01-01824
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01824
Number of participants with account balances2015-01-01772
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0166
2014: MCG U.S. HOLDINGS, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01791
Total number of active participants reported on line 7a of the Form 55002014-01-01453
Number of retired or separated participants receiving benefits2014-01-0160
Number of other retired or separated participants entitled to future benefits2014-01-01292
Total of all active and inactive participants2014-01-01805
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01805
Number of participants with account balances2014-01-01747
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0141
2013: MCG U.S. HOLDINGS, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01866
Total number of active participants reported on line 7a of the Form 55002013-01-01427
Number of retired or separated participants receiving benefits2013-01-0166
Number of other retired or separated participants entitled to future benefits2013-01-01297
Total of all active and inactive participants2013-01-01790
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-01791
Number of participants with account balances2013-01-01730
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0136
2012: MCG U.S. HOLDINGS, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01874
Total number of active participants reported on line 7a of the Form 55002012-01-01413
Number of retired or separated participants receiving benefits2012-01-0173
Number of other retired or separated participants entitled to future benefits2012-01-01379
Total of all active and inactive participants2012-01-01865
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-011
Total participants2012-01-01866
Number of participants with account balances2012-01-01831
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0141
2011: MCG U.S. HOLDINGS, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01328
Total number of active participants reported on line 7a of the Form 55002011-01-01105
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0158
Total of all active and inactive participants2011-01-01163
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01163
Number of participants with account balances2011-01-01143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0115
2010: MCG U.S. HOLDINGS, INC. 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01388
Total number of active participants reported on line 7a of the Form 55002010-01-01107
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-01203
Total of all active and inactive participants2010-01-01310
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01310
Number of participants with account balances2010-01-01309
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0183
2009: MCG U.S. HOLDINGS, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01494
Total number of active participants reported on line 7a of the Form 55002009-01-01167
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-01221
Total of all active and inactive participants2009-01-01388
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01388
Number of participants with account balances2009-01-01349
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0137

Financial Data on MCG U.S. HOLDINGS, INC. 401(K) PLAN

Measure Date Value
2015 : MCG U.S. HOLDINGS, INC. 401(K) PLAN 2015 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$68,850
Total income from all sources (including contributions)2015-12-31$10,221,694
Total of all expenses incurred2015-12-31$11,299,582
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$11,171,246
Value of total corrective distributions2015-12-31$366
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$10,971,109
Value of total assets at end of year2015-12-31$94,268,518
Value of total assets at beginning of year2015-12-31$95,415,256
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$127,970
Total interest from all sources2015-12-31$29,690
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$7,500,000
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$4,685,199
Participant contributions at end of year2015-12-31$749,955
Participant contributions at beginning of year2015-12-31$601,363
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$1,589,162
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$68,850
Total non interest bearing cash at end of year2015-12-31$261,595
Total non interest bearing cash at beginning of year2015-12-31$139,406
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-1,077,888
Value of net assets at end of year (total assets less liabilities)2015-12-31$94,268,518
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$95,346,406
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 pooled separate accounts at end of year2015-12-31$90,756,734
Value of interest in pooled separate accounts at beginning of year2015-12-31$92,034,063
Interest on participant loans2015-12-31$29,690
Net investment gain/loss from pooled separate accounts2015-12-31$-804,455
Net investment gain or loss from common/collective trusts2015-12-31$25,350
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$4,696,748
Employer contributions (assets) at end of year2015-12-31$2,500,234
Employer contributions (assets) at beginning of year2015-12-31$2,640,424
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$11,171,246
Contract administrator fees2015-12-31$127,970
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 name2015-12-31WINDHAM BRANNON
Accountancy firm EIN2015-12-31581763439
2014 : MCG U.S. HOLDINGS, INC. 401(K) PLAN 2014 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$68,850
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$98,748
Total income from all sources (including contributions)2014-12-31$14,842,124
Total of all expenses incurred2014-12-31$8,727,079
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$8,691,032
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$9,533,010
Value of total assets at end of year2014-12-31$95,415,256
Value of total assets at beginning of year2014-12-31$89,330,109
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$36,047
Total interest from all sources2014-12-31$28,006
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$7,500,000
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$4,361,215
Participant contributions at end of year2014-12-31$601,363
Participant contributions at beginning of year2014-12-31$639,206
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$409,044
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$68,850
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$98,748
Total non interest bearing cash at end of year2014-12-31$139,406
Total non interest bearing cash at beginning of year2014-12-31$286,351
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$6,115,045
Value of net assets at end of year (total assets less liabilities)2014-12-31$95,346,406
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$89,231,361
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 pooled separate accounts at end of year2014-12-31$92,034,063
Value of interest in pooled separate accounts at beginning of year2014-12-31$86,005,922
Interest on participant loans2014-12-31$28,006
Net investment gain/loss from pooled separate accounts2014-12-31$5,256,273
Net investment gain or loss from common/collective trusts2014-12-31$24,835
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$4,762,751
Employer contributions (assets) at end of year2014-12-31$2,640,424
Employer contributions (assets) at beginning of year2014-12-31$2,398,630
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$8,691,032
Contract administrator fees2014-12-31$36,047
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
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 name2014-12-31WINHAM BRANNON
Accountancy firm EIN2014-12-31581763439
2013 : MCG U.S. HOLDINGS, INC. 401(K) PLAN 2013 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$98,748
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$4,195
Total income from all sources (including contributions)2013-12-31$21,083,329
Total of all expenses incurred2013-12-31$8,467,065
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$8,402,051
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$8,741,548
Value of total assets at end of year2013-12-31$89,330,109
Value of total assets at beginning of year2013-12-31$76,619,292
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$65,014
Total interest from all sources2013-12-31$26,543
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$7,500,000
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$4,135,226
Participant contributions at end of year2013-12-31$639,206
Participant contributions at beginning of year2013-12-31$493,555
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$406,617
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$98,748
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$4,195
Other income not declared elsewhere2013-12-31$0
Total non interest bearing cash at end of year2013-12-31$286,351
Total non interest bearing cash at beginning of year2013-12-31$204,260
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$12,616,264
Value of net assets at end of year (total assets less liabilities)2013-12-31$89,231,361
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$76,615,097
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 pooled separate accounts at end of year2013-12-31$86,005,922
Value of interest in pooled separate accounts at beginning of year2013-12-31$73,330,022
Interest on participant loans2013-12-31$26,543
Net investment gain/loss from pooled separate accounts2013-12-31$12,287,110
Net investment gain or loss from common/collective trusts2013-12-31$28,128
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 contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$4,199,705
Employer contributions (assets) at end of year2013-12-31$2,398,630
Employer contributions (assets) at beginning of year2013-12-31$2,591,455
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$8,402,051
Contract administrator fees2013-12-31$65,014
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
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 name2013-12-31WINDHAM BRANNON
Accountancy firm EIN2013-12-31581763439
2012 : MCG U.S. HOLDINGS, INC. 401(K) PLAN 2012 401k financial data
Total transfer of assets to this plan2012-12-31$57,098,999
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$4,195
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$14,907,458
Total of all expenses incurred2012-12-31$3,918,709
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$3,859,223
Expenses. Certain deemed distributions of participant loans2012-12-31$12,189
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$10,685,015
Value of total assets at end of year2012-12-31$76,619,292
Value of total assets at beginning of year2012-12-31$8,527,349
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$47,297
Total interest from all sources2012-12-31$15,498
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$42,771
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2012-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$42,771
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$7,500,000
If this is an individual account plan, was there a blackout period2012-12-31Yes
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$2,156,051
Participant contributions at end of year2012-12-31$493,555
Participant contributions at beginning of year2012-12-31$104,657
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$22,557
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$355,448
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$4,195
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$0
Administrative expenses (other) incurred2012-12-31$768
Total non interest bearing cash at end of year2012-12-31$204,260
Total non interest bearing cash at beginning of year2012-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$10,988,749
Value of net assets at end of year (total assets less liabilities)2012-12-31$76,615,097
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$8,527,349
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
Investment advisory and management fees2012-12-31$6,225
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$7,148,746
Value of interest in pooled separate accounts at end of year2012-12-31$73,330,022
Value of interest in pooled separate accounts at beginning of year2012-12-31$0
Interest on participant loans2012-12-31$15,498
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$1,251,389
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$1,251,389
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$474,491
Net investment gain/loss from pooled separate accounts2012-12-31$3,689,683
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 contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$8,173,516
Employer contributions (assets) at end of year2012-12-31$2,591,455
Employer contributions (assets) at beginning of year2012-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$3,859,223
Contract administrator fees2012-12-31$40,304
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31Yes
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
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 name2012-12-31WINDHAM BRANNON
Accountancy firm EIN2012-12-31581763439
2011 : MCG U.S. HOLDINGS, INC. 401(K) PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total transfer of assets from this plan2011-12-31$5,100,678
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$11,315
Total income from all sources (including contributions)2011-12-31$1,441,307
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$1,694,534
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$1,618,946
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$1,252,992
Value of total assets at end of year2011-12-31$8,527,349
Value of total assets at beginning of year2011-12-31$13,892,569
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$75,588
Total interest from all sources2011-12-31$4,241
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$13,204
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2011-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$13,204
Administrative expenses professional fees incurred2011-12-31$24,400
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$7,500,000
If this is an individual account plan, was there a blackout period2011-12-31No
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$947,737
Participant contributions at end of year2011-12-31$104,657
Participant contributions at beginning of year2011-12-31$167,085
Participant contributions at end of year2011-12-31$22,557
Participant contributions at beginning of year2011-12-31$21,849
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$11,315
Administrative expenses (other) incurred2011-12-31$41,054
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-253,227
Value of net assets at end of year (total assets less liabilities)2011-12-31$8,527,349
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$13,881,254
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
Investment advisory and management fees2011-12-31$10,134
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$7,148,746
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$11,892,378
Interest on participant loans2011-12-31$4,241
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$1,251,389
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$1,802,773
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$1,802,773
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$170,870
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
Contributions received in cash from employer2011-12-31$305,255
Employer contributions (assets) at beginning of year2011-12-31$8,484
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$1,618,946
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
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 name2011-12-31MCGLADREY LLP
Accountancy firm EIN2011-12-31420714325
2010 : MCG U.S. HOLDINGS, INC. 401(K) PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$11,315
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$3,604,053
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$3,264,464
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$3,165,804
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$2,038,322
Value of total assets at end of year2010-12-31$13,892,569
Value of total assets at beginning of year2010-12-31$13,541,665
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$98,660
Total interest from all sources2010-12-31$7,476
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$221,422
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$221,422
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$7,500,000
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$1,267,617
Participant contributions at end of year2010-12-31$167,085
Participant contributions at beginning of year2010-12-31$185,811
Participant contributions at end of year2010-12-31$21,849
Participant contributions at beginning of year2010-12-31$23,891
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$265,869
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$11,315
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$0
Administrative expenses (other) incurred2010-12-31$98,660
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$339,589
Value of net assets at end of year (total assets less liabilities)2010-12-31$13,881,254
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$13,541,665
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$11,892,378
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$11,485,714
Interest on participant loans2010-12-31$7,476
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$1,802,773
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$1,794,387
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$1,794,387
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$1,336,833
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
Contributions received in cash from employer2010-12-31$504,836
Employer contributions (assets) at end of year2010-12-31$8,484
Employer contributions (assets) at beginning of year2010-12-31$51,862
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$3,165,804
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 name2010-12-31MCGLADREY & PULLEN, LLP
Accountancy firm EIN2010-12-31420714325
2009 : MCG U.S. HOLDINGS, INC. 401(K) 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 MCG U.S. HOLDINGS, INC. 401(K) PLAN

2015: MCG U.S. HOLDINGS, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
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: MCG U.S. HOLDINGS, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: MCG U.S. HOLDINGS, INC. 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: MCG U.S. HOLDINGS, INC. 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: MCG U.S. HOLDINGS, INC. 401(K) 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
2010: MCG U.S. HOLDINGS, INC. 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: MCG U.S. HOLDINGS, INC. 401(K) 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

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number103905
Policy instance 1
Insurance contract or identification number103905
Number of Individuals Covered625
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $80,605
Total amount of fees paid to insurance companyUSD $72,809
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $80,605
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerBROKER COMMISSIONS
Insurance broker organization code?4
Insurance broker nameTHE PENSION STUDIO
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number106612
Policy instance 2
Insurance contract or identification number106612
Number of Individuals Covered129
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $13,311
Total amount of fees paid to insurance companyUSD $6,710
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $13,311
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerBROKER COMMISSIONS
Insurance broker organization code?4
Insurance broker nameTHE PENSION STUDIO
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number103905
Policy instance 1
Insurance contract or identification number103905
Number of Individuals Covered613
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $76,359
Total amount of fees paid to insurance companyUSD $70,643
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $76,359
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerBROKER COMMISSIONS
Insurance broker organization code?4
Insurance broker nameTHE PENSION STUDIO
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number106612
Policy instance 2
Insurance contract or identification number106612
Number of Individuals Covered134
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $12,720
Total amount of fees paid to insurance companyUSD $6,393
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $12,720
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerBROKER COMMISSIONS
Insurance broker organization code?4
Insurance broker nameTHE PENSION STUDIO
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number103905
Policy instance 1
Insurance contract or identification number103905
Number of Individuals Covered597
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $67,820
Total amount of fees paid to insurance companyUSD $53,867
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $67,820
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerBROKER COMMISSION
Insurance broker organization code?4
Insurance broker nameTHE PENSION STUDIO
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number106612
Policy instance 2
Insurance contract or identification number106612
Number of Individuals Covered129
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $11,051
Total amount of fees paid to insurance companyUSD $15,351
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $11,051
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerBROKER COMMISSION
Insurance broker organization code?4
Insurance broker nameTHE PENSION STUDIO
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number103905
Policy instance 1
Insurance contract or identification number103905
Number of Individuals Covered691
Insurance policy start date2012-07-03
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $25,499
Total amount of fees paid to insurance companyUSD $39,444
Commission paid to Insurance BrokerUSD $25,499
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerBROKER COMMISSION
Insurance broker organization code?4
Insurance broker nameTHE PENSION STUDIO
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number106612
Policy instance 2
Insurance contract or identification number106612
Number of Individuals Covered149
Insurance policy start date2012-07-02
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $4,146
Total amount of fees paid to insurance companyUSD $21,706
Commission paid to Insurance BrokerUSD $4,146
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerBROKER COMMISSION
Insurance broker organization code?4
Insurance broker nameTHE PENSION STUDIO

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