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MPS9 VENTURES, INC. 401K PROFIT SHARING PLAN 401k Plan overview

Plan NameMPS9 VENTURES, INC. 401K PROFIT SHARING PLAN
Plan identification number 001

MPS9 VENTURES, INC. 401K PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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

MPS9 VENTURES, INC. has sponsored the creation of one or more 401k plans.

Company Name:MPS9 VENTURES, INC.
Employer identification number (EIN):811101517
NAIC Classification:454210
NAIC Description:Vending Machine Operators

Additional information about MPS9 VENTURES, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 2016-01-08
Company Identification Number: P16000003318
Legal Registered Office Address: 4185 61st Ave

Vero Beach

32967

More information about MPS9 VENTURES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MPS9 VENTURES, INC. 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-01-01MATTHEW SCHEIDEL2020-07-27
0012017-01-01MATTHEW SCHEIDEL2020-05-14
0012016-01-15MATT SCHEIDEL

Plan Statistics for MPS9 VENTURES, INC. 401K PROFIT SHARING PLAN

401k plan membership statisitcs for MPS9 VENTURES, INC. 401K PROFIT SHARING PLAN

Measure Date Value
2018: MPS9 VENTURES, INC. 401K PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-011
Total number of active participants reported on line 7a of the Form 55002018-01-010
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: MPS9 VENTURES, INC. 401K PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-011
Total number of active participants reported on line 7a of the Form 55002017-01-011
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: MPS9 VENTURES, INC. 401K PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-151
Total number of active participants reported on line 7a of the Form 55002016-01-151
Number of retired or separated participants receiving benefits2016-01-150
Number of other retired or separated participants entitled to future benefits2016-01-150
Total of all active and inactive participants2016-01-151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-150
Total participants2016-01-151
Number of participants with account balances2016-01-151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-150

Financial Data on MPS9 VENTURES, INC. 401K PROFIT SHARING PLAN

Measure Date Value
2018 : MPS9 VENTURES, INC. 401K PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources2018-12-31$-33,300
Total plan assets at end of year2018-12-31$0
Total plan assets at beginning of year2018-12-31$33,300
Other income received2018-12-31$-33,300
Net income (gross income less expenses)2018-12-31$-33,300
Net plan assets at end of year (total assets less liabilities)2018-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$33,300
Assets. Value of employer securities2018-12-31$0
2016 : MPS9 VENTURES, INC. 401K PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-12-31$56,674
Expenses. Total of all expenses incurred2016-12-31$25
Total plan assets at end of year2016-12-31$56,649
Total plan assets at beginning of year2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$25
Contributions received from other sources (not participants or employers)2016-12-31$68,434
Other income received2016-12-31$-11,760
Net income (gross income less expenses)2016-12-31$56,649
Net plan assets at end of year (total assets less liabilities)2016-12-31$56,649
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$0
Assets. Value of employer securities2016-12-31$56,240

Form 5500 Responses for MPS9 VENTURES, INC. 401K PROFIT SHARING PLAN

2018: MPS9 VENTURES, INC. 401K PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01This submission is the final filingYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MPS9 VENTURES, INC. 401K PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: MPS9 VENTURES, INC. 401K PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-15Type of plan entitySingle employer plan
2016-01-15First time form 5500 has been submittedYes
2016-01-15Submission has been amendedNo
2016-01-15This submission is the final filingNo
2016-01-15This return/report is a short plan year return/report (less than 12 months)Yes
2016-01-15Plan is a collectively bargained planNo
2016-01-15Plan funding arrangement – TrustYes
2016-01-15Plan benefit arrangement - TrustYes

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