401k Plan data: MAC SYSTEMS INC 401K PLAN & TRUST plan

MAC SYSTEMS INC 401K PLAN & TRUST 401k Plan overview

Plan Name	MAC SYSTEMS INC 401K PLAN & TRUST
Plan identification number	001

MAC SYSTEMS INC 401K PLAN & TRUST 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.
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

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

Company Name: MAC SYSTEMS, INC.

Employer identification number (EIN): 731338830

NAIC Classification: 238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MAC SYSTEMS INC 401K PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2020-01-01
001 2019-01-01
001 2018-01-01 DRAKE MCDANNOLD
001 2017-01-01 DRAKE MCDANNOLD
001 2016-01-01 DRAKE MCDANNOLD
001 2015-01-01 DRAKE MCDANNOLD
001 2014-01-01 DRAKE MCDANNOLD
001 2013-01-01 DRAKE MCDANNOLD
001 2012-01-01 DRAKE MCDANNOLD
001 2011-01-01 DRAKE MCDANNOLD
001 2009-01-01 R. DRAKE MCDANNOLD

Plan Statistics for MAC SYSTEMS INC 401K PLAN & TRUST

401k plan membership statisitcs for MAC SYSTEMS INC 401K PLAN & TRUST

Measure Date Value
2020: MAC SYSTEMS INC 401K PLAN & TRUST 2020 401k membership
Total participants, beginning-of-year 2020-01-01 0
Total of all active and inactive participants 2020-01-01 0
Total participants 2020-01-01 0
Number of participants with account balances 2020-01-01 0
2019: MAC SYSTEMS INC 401K PLAN & TRUST 2019 401k membership
Total participants, beginning-of-year 2019-01-01 57
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 40
Total of all active and inactive participants 2019-01-01 40
Total participants 2019-01-01 40
Number of participants with account balances 2019-01-01 40
2018: MAC SYSTEMS INC 401K PLAN & TRUST 2018 401k membership
Total participants, beginning-of-year 2018-01-01 60
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 57
Total of all active and inactive participants 2018-01-01 57
Total participants 2018-01-01 57
Number of participants with account balances 2018-01-01 57
2017: MAC SYSTEMS INC 401K PLAN & TRUST 2017 401k membership
Total participants, beginning-of-year 2017-01-01 0
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 60
Total of all active and inactive participants 2017-01-01 60
Total participants 2017-01-01 60
Number of participants with account balances 2017-01-01 60
2016: MAC SYSTEMS INC 401K PLAN & TRUST 2016 401k membership
Total participants, beginning-of-year 2016-01-01 0
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 55
Total of all active and inactive participants 2016-01-01 55
Total participants 2016-01-01 55
2015: MAC SYSTEMS INC 401K PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year 2015-01-01 39
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 55
Total of all active and inactive participants 2015-01-01 55
Total participants 2015-01-01 55
Number of participants with account balances 2015-01-01 55
2014: MAC SYSTEMS INC 401K PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year 2014-01-01 39
Total of all active and inactive participants 2014-01-01 0
Total participants 2014-01-01 0
Number of participants with account balances 2014-01-01 39
2013: MAC SYSTEMS INC 401K PLAN & TRUST 2013 401k membership
Total participants, beginning-of-year 2013-01-01 43
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 39
Number of retired or separated participants receiving benefits 2013-01-01 4
Total of all active and inactive participants 2013-01-01 43
Total participants 2013-01-01 43
Number of participants with account balances 2013-01-01 39
2012: MAC SYSTEMS INC 401K PLAN & TRUST 2012 401k membership
Total participants, beginning-of-year 2012-01-01 46
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 43
Number of retired or separated participants receiving benefits 2012-01-01 3
Total of all active and inactive participants 2012-01-01 46
Total participants 2012-01-01 46
Number of participants with account balances 2012-01-01 43
2011: MAC SYSTEMS INC 401K PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year 2011-01-01 42
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 46
Number of retired or separated participants receiving benefits 2011-01-01 8
Total of all active and inactive participants 2011-01-01 54
Total participants 2011-01-01 54
Number of participants with account balances 2011-01-01 46
2009: MAC SYSTEMS INC 401K PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year 2009-01-01 99
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 74
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 9
Total of all active and inactive participants 2009-01-01 83
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 83
Number of participants with account balances 2009-01-01 60
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 2

Measure	Date	Value
2020: MAC SYSTEMS INC 401K PLAN & TRUST 2020 401k membership
Total participants, beginning-of-year	2020-01-01	0
Total of all active and inactive participants	2020-01-01	0
Total participants	2020-01-01	0
Number of participants with account balances	2020-01-01	0
2019: MAC SYSTEMS INC 401K PLAN & TRUST 2019 401k membership
Total participants, beginning-of-year	2019-01-01	57
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	40
Total of all active and inactive participants	2019-01-01	40
Total participants	2019-01-01	40
Number of participants with account balances	2019-01-01	40
2018: MAC SYSTEMS INC 401K PLAN & TRUST 2018 401k membership
Total participants, beginning-of-year	2018-01-01	60
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	57
Total of all active and inactive participants	2018-01-01	57
Total participants	2018-01-01	57
Number of participants with account balances	2018-01-01	57
2017: MAC SYSTEMS INC 401K PLAN & TRUST 2017 401k membership
Total participants, beginning-of-year	2017-01-01	0
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	60
Total of all active and inactive participants	2017-01-01	60
Total participants	2017-01-01	60
Number of participants with account balances	2017-01-01	60
2016: MAC SYSTEMS INC 401K PLAN & TRUST 2016 401k membership
Total participants, beginning-of-year	2016-01-01	0
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	55
Total of all active and inactive participants	2016-01-01	55
Total participants	2016-01-01	55
2015: MAC SYSTEMS INC 401K PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year	2015-01-01	39
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	55
Total of all active and inactive participants	2015-01-01	55
Total participants	2015-01-01	55
Number of participants with account balances	2015-01-01	55
2014: MAC SYSTEMS INC 401K PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year	2014-01-01	39
Total of all active and inactive participants	2014-01-01	0
Total participants	2014-01-01	0
Number of participants with account balances	2014-01-01	39
2013: MAC SYSTEMS INC 401K PLAN & TRUST 2013 401k membership
Total participants, beginning-of-year	2013-01-01	43
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	39
Number of retired or separated participants receiving benefits	2013-01-01	4
Total of all active and inactive participants	2013-01-01	43
Total participants	2013-01-01	43
Number of participants with account balances	2013-01-01	39
2012: MAC SYSTEMS INC 401K PLAN & TRUST 2012 401k membership
Total participants, beginning-of-year	2012-01-01	46
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	43
Number of retired or separated participants receiving benefits	2012-01-01	3
Total of all active and inactive participants	2012-01-01	46
Total participants	2012-01-01	46
Number of participants with account balances	2012-01-01	43
2011: MAC SYSTEMS INC 401K PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year	2011-01-01	42
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	46
Number of retired or separated participants receiving benefits	2011-01-01	8
Total of all active and inactive participants	2011-01-01	54
Total participants	2011-01-01	54
Number of participants with account balances	2011-01-01	46
2009: MAC SYSTEMS INC 401K PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year	2009-01-01	99
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	74
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	9
Total of all active and inactive participants	2009-01-01	83
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	83
Number of participants with account balances	2009-01-01	60
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	2

Financial Data on MAC SYSTEMS INC 401K PLAN & TRUST

Measure	Date	Value
2020 : MAC SYSTEMS INC 401K PLAN & TRUST 2020 401k financial data
Total income from all sources	2020-12-31	$-141,442
Expenses. Total of all expenses incurred	2020-12-31	$1,953,521
Benefits paid (including direct rollovers)	2020-12-31	$1,945,314
Total plan assets at end of year	2020-12-31	$266,927
Total plan assets at beginning of year	2020-12-31	$2,361,890
Expenses. Other expenses not covered elsewhere	2020-12-31	$8,207
Other income received	2020-12-31	$-141,442
Net income (gross income less expenses)	2020-12-31	$-2,094,963
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$266,927
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$2,361,890
2019 : MAC SYSTEMS INC 401K PLAN & TRUST 2019 401k financial data
Total income from all sources	2019-12-31	$622,935
Expenses. Total of all expenses incurred	2019-12-31	$404,282
Benefits paid (including direct rollovers)	2019-12-31	$383,270
Total plan assets at end of year	2019-12-31	$2,361,890
Total plan assets at beginning of year	2019-12-31	$2,143,237
Total contributions received or receivable from participants	2019-12-31	$130,744
Expenses. Other expenses not covered elsewhere	2019-12-31	$1,755
Other income received	2019-12-31	$425,016
Net income (gross income less expenses)	2019-12-31	$218,653
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$2,361,890
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$2,143,237
Total contributions received or receivable from employer(s)	2019-12-31	$67,175
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$19,257
2018 : MAC SYSTEMS INC 401K PLAN & TRUST 2018 401k financial data
Total income from all sources	2018-12-31	$79,522
Expenses. Total of all expenses incurred	2018-12-31	$240,665
Benefits paid (including direct rollovers)	2018-12-31	$220,051
Total plan assets at end of year	2018-12-31	$2,143,237
Total plan assets at beginning of year	2018-12-31	$2,304,380
Total contributions received or receivable from participants	2018-12-31	$126,882
Other income received	2018-12-31	$-129,933
Net income (gross income less expenses)	2018-12-31	$-161,143
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$2,143,237
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$2,304,380
Total contributions received or receivable from employer(s)	2018-12-31	$82,573
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$20,614
2017 : MAC SYSTEMS INC 401K PLAN & TRUST 2017 401k financial data
Transfers to/from the plan	2017-12-31	$4,329
Total income from all sources	2017-12-31	$576,484
Expenses. Total of all expenses incurred	2017-12-31	$387,776
Benefits paid (including direct rollovers)	2017-12-31	$366,904
Total plan assets at end of year	2017-12-31	$2,304,380
Total plan assets at beginning of year	2017-12-31	$2,111,343
Total contributions received or receivable from participants	2017-12-31	$177,463
Expenses. Other expenses not covered elsewhere	2017-12-31	$1,173
Other income received	2017-12-31	$290,209
Net income (gross income less expenses)	2017-12-31	$188,708
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$2,304,380
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$2,111,343
Total contributions received or receivable from employer(s)	2017-12-31	$108,812
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$19,699
2016 : MAC SYSTEMS INC 401K PLAN & TRUST 2016 401k financial data
Transfers to/from the plan	2016-12-31	$42,614
Total income from all sources	2016-12-31	$524,591
Expenses. Total of all expenses incurred	2016-12-31	$204,196
Benefits paid (including direct rollovers)	2016-12-31	$185,306
Total plan assets at end of year	2016-12-31	$2,111,343
Total plan assets at beginning of year	2016-12-31	$1,748,334
Total contributions received or receivable from participants	2016-12-31	$239,865
Expenses. Other expenses not covered elsewhere	2016-12-31	$18,890
Other income received	2016-12-31	$137,229
Net income (gross income less expenses)	2016-12-31	$320,395
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$2,111,343
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$1,748,334
Total contributions received or receivable from employer(s)	2016-12-31	$147,497
2015 : MAC SYSTEMS INC 401K PLAN & TRUST 2015 401k financial data
Total income from all sources	2015-12-31	$244,407
Total plan assets at end of year	2015-12-31	$1,748,334
Total plan assets at beginning of year	2015-12-31	$1,503,927
Total contributions received or receivable from participants	2015-12-31	$28,874
Other income received	2015-12-31	$196,609
Net income (gross income less expenses)	2015-12-31	$244,407
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$1,748,334
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$1,503,927
Total contributions received or receivable from employer(s)	2015-12-31	$18,924
2014 : MAC SYSTEMS INC 401K PLAN & TRUST 2014 401k financial data
Total income from all sources	2014-12-31	$-165,213
Expenses. Total of all expenses incurred	2014-12-31	$75,028
Benefits paid (including direct rollovers)	2014-12-31	$75,028
Total plan assets at end of year	2014-12-31	$1,503,927
Total plan assets at beginning of year	2014-12-31	$1,744,168
Total contributions received or receivable from participants	2014-12-31	$165,333
Other income received	2014-12-31	$-441,244
Net income (gross income less expenses)	2014-12-31	$-240,241
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$1,503,927
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$1,744,168
Total contributions received or receivable from employer(s)	2014-12-31	$110,698
2013 : MAC SYSTEMS INC 401K PLAN & TRUST 2013 401k financial data
Total income from all sources	2013-12-31	$324,877
Expenses. Total of all expenses incurred	2013-12-31	$58,610
Benefits paid (including direct rollovers)	2013-12-31	$58,610
Total plan assets at end of year	2013-12-31	$1,744,168
Total plan assets at beginning of year	2013-12-31	$1,477,901
Total contributions received or receivable from participants	2013-12-31	$127,196
Other income received	2013-12-31	$115,845
Net income (gross income less expenses)	2013-12-31	$266,267
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$1,744,168
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$1,477,901
Total contributions received or receivable from employer(s)	2013-12-31	$81,836
2012 : MAC SYSTEMS INC 401K PLAN & TRUST 2012 401k financial data
Total income from all sources	2012-12-31	$274,740
Total plan assets at end of year	2012-12-31	$1,477,901
Total plan assets at beginning of year	2012-12-31	$1,203,161
Total contributions received or receivable from participants	2012-12-31	$112,760
Other income received	2012-12-31	$88,990
Net income (gross income less expenses)	2012-12-31	$274,740
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$1,477,901
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$1,203,161
Total contributions received or receivable from employer(s)	2012-12-31	$72,990
2011 : MAC SYSTEMS INC 401K PLAN & TRUST 2011 401k financial data
Total income from all sources	2011-12-31	$132,849
Expenses. Total of all expenses incurred	2011-12-31	$74,235
Benefits paid (including direct rollovers)	2011-12-31	$74,235
Total plan assets at end of year	2011-12-31	$1,203,161
Total plan assets at beginning of year	2011-12-31	$1,144,547
Total contributions received or receivable from participants	2011-12-31	$133,793
Other income received	2011-12-31	$-134,737
Net income (gross income less expenses)	2011-12-31	$58,614
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,203,161
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$1,144,547
Total contributions received or receivable from employer(s)	2011-12-31	$133,793
2010 : MAC SYSTEMS INC 401K PLAN & TRUST 2010 401k financial data
Total income from all sources	2010-12-31	$71,161
Expenses. Total of all expenses incurred	2010-12-31	$59,239
Benefits paid (including direct rollovers)	2010-12-31	$59,239
Total plan assets at end of year	2010-12-31	$1,144,547
Total plan assets at beginning of year	2010-12-31	$1,132,625
Total contributions received or receivable from participants	2010-12-31	$106,702
Other income received	2010-12-31	$-65,175
Net income (gross income less expenses)	2010-12-31	$11,922
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$1,144,547
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$1,132,625
Total contributions received or receivable from employer(s)	2010-12-31	$29,634

Form 5500 Responses for MAC SYSTEMS INC 401K PLAN & TRUST

2020: MAC SYSTEMS INC 401K PLAN & TRUST 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	This submission is the final filing	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: MAC SYSTEMS INC 401K PLAN & TRUST 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: MAC SYSTEMS INC 401K PLAN & TRUST 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: MAC SYSTEMS INC 401K PLAN & TRUST 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: MAC SYSTEMS INC 401K PLAN & TRUST 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: MAC SYSTEMS INC 401K PLAN & TRUST 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: MAC SYSTEMS INC 401K PLAN & TRUST 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: MAC SYSTEMS INC 401K PLAN & TRUST 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: MAC SYSTEMS INC 401K PLAN & TRUST 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: MAC SYSTEMS INC 401K PLAN & TRUST 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: MAC SYSTEMS INC 401K PLAN & TRUST 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 – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	MAC SYSTEMS, INC.
Employer identification number (EIN):	731338830
NAIC Classification:	238900