MALCO ENTERPRISES has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2008 : MALLO ENTITIES 401K PLAN 2008 401k financial data |
|---|
| Total income from all sources (including contributions) | 2008-12-31 | $-647,069 |
| Total of all expenses incurred | 2008-12-31 | $981,237 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2008-12-31 | $835,762 |
| Expenses. Certain deemed distributions of participant loans | 2008-12-31 | $93,395 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2008-12-31 | $137,012 |
| Value of total assets at end of year | 2008-12-31 | $1,316,686 |
| Value of total assets at beginning of year | 2008-12-31 | $2,944,992 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2008-12-31 | $52,080 |
| Total interest from all sources | 2008-12-31 | $11,714 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2008-12-31 | No |
| Administrative expenses professional fees incurred | 2008-12-31 | $22,285 |
| Was this plan covered by a fidelity bond | 2008-12-31 | Yes |
| Value of fidelity bond cover | 2008-12-31 | $300,000 |
| If this is an individual account plan, was there a blackout period | 2008-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2008-12-31 | No |
| Contributions received from participants | 2008-12-31 | $137,012 |
| Participant contributions at end of year | 2008-12-31 | $63,328 |
| Participant contributions at beginning of year | 2008-12-31 | $145,716 |
| Participant contributions at beginning of year | 2008-12-31 | $5,049 |
| Administrative expenses (other) incurred | 2008-12-31 | $17,080 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2008-12-31 | No |
| Value of net income/loss | 2008-12-31 | $-1,628,306 |
| Value of net assets at end of year (total assets less liabilities) | 2008-12-31 | $1,316,686 |
| Value of net assets at beginning of year (total assets less liabilities) | 2008-12-31 | $2,944,992 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2008-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2008-12-31 | Yes |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2008-12-31 | $93,395 |
| Were any leases to which the plan was party in default or uncollectible | 2008-12-31 | No |
| Investment advisory and management fees | 2008-12-31 | $12,715 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2008-12-31 | $1,066,337 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2008-12-31 | $2,582,461 |
| Interest on participant loans | 2008-12-31 | $11,714 |
| Value of interest in common/collective trusts at end of year | 2008-12-31 | $187,021 |
| Value of interest in common/collective trusts at beginning of year | 2008-12-31 | $167,431 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2008-12-31 | $-802,927 |
| Net investment gain or loss from common/collective trusts | 2008-12-31 | $7,132 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2008-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2008-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2008-12-31 | No |
| Employer contributions (assets) at beginning of year | 2008-12-31 | $44,335 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2008-12-31 | $835,762 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2008-12-31 | No |
| Did the plan have assets held for investment | 2008-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2008-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2008-12-31 | No |
