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MARKEY MACHINERY CO INC 401 K PROFIT SHARING PLAN TRUST 401k Plan overview

Plan NameMARKEY MACHINERY CO INC 401 K PROFIT SHARING PLAN TRUST
Plan identification number 001

MARKEY MACHINERY CO INC 401 K PROFIT SHARING PLAN TRUST 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan covering Self-Employed individuals.
  • 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

MARKEY MACHINERY CO, INC. has sponsored the creation of one or more 401k plans.

Company Name:MARKEY MACHINERY CO, INC.
Employer identification number (EIN):910307520
NAIC Classification:333310

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MARKEY MACHINERY CO INC 401 K PROFIT SHARING PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01THAD COWARD2024-07-10
0012015-01-01BRYAN DAY2016-09-13
0012014-01-01BRYAN DAY2015-09-24
0012013-01-01BRYAN E DAY2014-07-29
0012012-01-01MARKEY MACHINERY CO, INC.2013-07-26

Financial Data on MARKEY MACHINERY CO INC 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2025 : MARKEY MACHINERY CO INC 401 K PROFIT SHARING PLAN TRUST 2025 401k financial data
Total expenses incurred by plan in this plan year2025-08-22111335
Net assets as of the end of the plan year2025-08-224589223
Total assets as of the beginning of the plan year2025-08-223829341
Value of plan covered by a fidelity bond2025-08-22500000
Participant contributions to plan in this plan year2025-08-22274263
Other income to plan in this plan year2025-08-22505296
Plan net income in this plan year2025-08-22759882
Net assets as of the end of the plan year2025-08-224589223
Net assets as of the beginning of the plan year2025-08-223829341
Employer contributions to plan in this plan year2025-08-2291658
Expensese paid to adminstrative service provicers from plan in this plan year2025-08-2213655
2024 : MARKEY MACHINERY CO INC 401 K PROFIT SHARING PLAN TRUST 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-10737790
Net assets as of the end of the plan year2024-07-103829341
Total assets as of the beginning of the plan year2024-07-103670489
Value of plan covered by a fidelity bond2024-07-10440000
Participant contributions to plan in this plan year2024-07-10227925
Other income to plan in this plan year2024-07-10604515
Plan net income in this plan year2024-07-10158852
Net assets as of the end of the plan year2024-07-103829341
Net assets as of the beginning of the plan year2024-07-103670489
Employer contributions to plan in this plan year2024-07-1064202
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-103515

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