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MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 401k Plan overview

Plan NameMALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST
Plan identification number 001

MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Benefits

401k Plan TypeDefined 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.
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • 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

MALMBERG ENGINEERING, INC. has sponsored the creation of one or more 401k plans.

Company Name:MALMBERG ENGINEERING, INC.
Employer identification number (EIN):941511682
NAIC Classification:333900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-04-01MONALISA MOLINA
0012015-01-01
0012014-04-01MONALISA MOLINA
0012014-01-01
0012013-04-01MONALISA MOLINA
0012013-01-01MONALISA MOLINA2014-10-15
0012012-04-01MONALISA MOLINA
0012012-01-01MONALISA MOLINA2013-10-15
0012011-04-01BEVERLY GINESTRA
0012011-01-01BEVERLY GINESTRA
0012010-04-01BEVERLY GINESTRA
0012009-04-01BEVERLY GINESTRA
0012009-01-01BEVERLY GINESTRA
0012009-01-01

Plan Statistics for MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

401k plan membership statisitcs for MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Measure Date Value
2015: MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2015 401k membership
Total participants, beginning-of-year2015-04-0156
Total number of active participants reported on line 7a of the Form 55002015-04-0122
Number of retired or separated participants receiving benefits2015-04-010
Number of other retired or separated participants entitled to future benefits2015-04-0134
Total of all active and inactive participants2015-04-0156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-04-010
Total participants2015-04-0156
Number of participants with account balances2015-04-0156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-04-010
2014: MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2014 401k membership
Total participants, beginning-of-year2014-04-0156
Total number of active participants reported on line 7a of the Form 55002014-04-0131
Number of retired or separated participants receiving benefits2014-04-010
Number of other retired or separated participants entitled to future benefits2014-04-0125
Total of all active and inactive participants2014-04-0156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-04-010
Total participants2014-04-0156
Number of participants with account balances2014-04-0156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-04-010
2013: MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year2013-04-0159
Total number of active participants reported on line 7a of the Form 55002013-04-0131
Number of retired or separated participants receiving benefits2013-04-010
Number of other retired or separated participants entitled to future benefits2013-04-0125
Total of all active and inactive participants2013-04-0156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-04-010
Total participants2013-04-0156
Number of participants with account balances2013-04-0156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-04-011
2012: MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2012 401k membership
Total participants, beginning-of-year2012-04-0157
Total number of active participants reported on line 7a of the Form 55002012-04-0142
Number of retired or separated participants receiving benefits2012-04-010
Number of other retired or separated participants entitled to future benefits2012-04-0117
Total of all active and inactive participants2012-04-0159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-04-010
Total participants2012-04-0159
Number of participants with account balances2012-04-0159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-04-012
2011: MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year2011-04-0155
Total number of active participants reported on line 7a of the Form 55002011-04-0140
Number of retired or separated participants receiving benefits2011-04-010
Number of other retired or separated participants entitled to future benefits2011-04-0117
Total of all active and inactive participants2011-04-0157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-04-010
Total participants2011-04-0157
Number of participants with account balances2011-04-0157
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-04-010
Total participants, beginning-of-year2011-01-0120
Total number of active participants reported on line 7a of the Form 55002011-01-0117
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-012
Total of all active and inactive participants2011-01-0119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0119
Number of participants with account balances2011-01-0119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2010 401k membership
Total participants, beginning-of-year2010-04-0149
Total number of active participants reported on line 7a of the Form 55002010-04-0139
Number of retired or separated participants receiving benefits2010-04-010
Number of other retired or separated participants entitled to future benefits2010-04-0116
Total of all active and inactive participants2010-04-0155
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-04-010
Total participants2010-04-0155
Number of participants with account balances2010-04-0155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-04-011
2009: MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year2009-04-0151
Total number of active participants reported on line 7a of the Form 55002009-04-0131
Number of retired or separated participants receiving benefits2009-04-010
Number of other retired or separated participants entitled to future benefits2009-04-0118
Total of all active and inactive participants2009-04-0149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-04-010
Total participants2009-04-0149
Number of participants with account balances2009-04-0149
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-04-012
Total participants, beginning-of-year2009-01-0123
Total number of active participants reported on line 7a of the Form 55002009-01-0117
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-015
Total of all active and inactive participants2009-01-0122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0122
Number of participants with account balances2009-01-0121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Measure Date Value
2016 : MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2016 401k financial data
Total plan assets at end of year2016-03-31$799,536
Total plan assets at beginning of year2016-03-31$799,536
Value of fidelity bond covering the plan2016-03-31$500,000
Net plan assets at end of year (total assets less liabilities)2016-03-31$799,536
Net plan assets at beginning of year (total assets less liabilities)2016-03-31$799,536
Assets. Value of employer securities2016-03-31$581,000
2015 : MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2015 401k financial data
Total income from all sources2015-03-31$87,270
Total plan assets at end of year2015-03-31$799,536
Total plan assets at beginning of year2015-03-31$712,266
Value of fidelity bond covering the plan2015-03-31$500,000
Other income received2015-03-31$87,270
Net income (gross income less expenses)2015-03-31$87,270
Net plan assets at end of year (total assets less liabilities)2015-03-31$799,536
Net plan assets at beginning of year (total assets less liabilities)2015-03-31$712,266
Assets. Value of employer securities2015-03-31$581,000
2014 : MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2014 401k financial data
Total income from all sources2014-03-31$18,860
Expenses. Total of all expenses incurred2014-03-31$67,766
Benefits paid (including direct rollovers)2014-03-31$65,087
Total plan assets at end of year2014-03-31$957,266
Total plan assets at beginning of year2014-03-31$1,006,172
Value of fidelity bond covering the plan2014-03-31$500,000
Expenses. Other expenses not covered elsewhere2014-03-31$2,679
Other income received2014-03-31$18,860
Net income (gross income less expenses)2014-03-31$-48,906
Net plan assets at end of year (total assets less liabilities)2014-03-31$957,266
Net plan assets at beginning of year (total assets less liabilities)2014-03-31$1,006,172
Assets. Value of employer securities2014-03-31$753,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-03-31$0
2013 : MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2013 401k financial data
Total income from all sources2013-03-31$51,950
Expenses. Total of all expenses incurred2013-03-31$46,213
Benefits paid (including direct rollovers)2013-03-31$45,030
Total plan assets at end of year2013-03-31$1,006,172
Total plan assets at beginning of year2013-03-31$1,000,435
Value of fidelity bond covering the plan2013-03-31$500,000
Expenses. Other expenses not covered elsewhere2013-03-31$1,183
Other income received2013-03-31$51,950
Net income (gross income less expenses)2013-03-31$5,737
Net plan assets at end of year (total assets less liabilities)2013-03-31$1,006,172
Net plan assets at beginning of year (total assets less liabilities)2013-03-31$1,000,435
Assets. Value of employer securities2013-03-31$753,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-03-31$0
2012 : MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2012 401k financial data
Total income from all sources2012-03-31$-68,960
Expenses. Total of all expenses incurred2012-03-31$20,326
Benefits paid (including direct rollovers)2012-03-31$17,077
Total plan assets at end of year2012-03-31$1,000,435
Total plan assets at beginning of year2012-03-31$1,089,721
Value of fidelity bond covering the plan2012-03-31$500,000
Expenses. Other expenses not covered elsewhere2012-03-31$3,249
Other income received2012-03-31$-68,960
Net income (gross income less expenses)2012-03-31$-89,286
Net plan assets at end of year (total assets less liabilities)2012-03-31$1,000,435
Net plan assets at beginning of year (total assets less liabilities)2012-03-31$1,089,721
Assets. Value of employer securities2012-03-31$720,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-03-31$0
2011 : MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2011 401k financial data
Total income from all sources2011-12-31$18,859
Expenses. Total of all expenses incurred2011-12-31$14,183
Benefits paid (including direct rollovers)2011-12-31$13,983
Total plan assets at end of year2011-12-31$187,160
Total plan assets at beginning of year2011-12-31$182,484
Value of fidelity bond covering the plan2011-12-31$500,000
Total contributions received or receivable from participants2011-12-31$22,215
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-3,356
Net income (gross income less expenses)2011-12-31$4,676
Net plan assets at end of year (total assets less liabilities)2011-12-31$187,160
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$182,484
Assets. Value of participant loans2011-12-31$25,511
Total contributions received or receivable from employer(s)2011-12-31$0
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$200
Total income from all sources2011-03-31$102,086
Expenses. Total of all expenses incurred2011-03-31$35,779
Benefits paid (including direct rollovers)2011-03-31$32,626
Total plan assets at end of year2011-03-31$1,089,721
Total plan assets at beginning of year2011-03-31$1,023,414
Value of fidelity bond covering the plan2011-03-31$500,000
Expenses. Other expenses not covered elsewhere2011-03-31$3,153
Other income received2011-03-31$102,086
Net income (gross income less expenses)2011-03-31$66,307
Net plan assets at end of year (total assets less liabilities)2011-03-31$1,089,721
Net plan assets at beginning of year (total assets less liabilities)2011-03-31$1,023,414
Assets. Value of employer securities2011-03-31$802,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-03-31$0
2010 : MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2010 401k financial data
Total income from all sources2010-12-31$77,772
Expenses. Total of all expenses incurred2010-12-31$18,470
Benefits paid (including direct rollovers)2010-12-31$16,145
Total plan assets at end of year2010-12-31$182,484
Total plan assets at beginning of year2010-12-31$123,182
Total contributions received or receivable from participants2010-12-31$15,704
Contributions received from other sources (not participants or employers)2010-12-31$45,016
Other income received2010-12-31$16,722
Net income (gross income less expenses)2010-12-31$59,302
Net plan assets at end of year (total assets less liabilities)2010-12-31$182,484
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$123,182
Assets. Value of participant loans2010-12-31$9,561
Total contributions received or receivable from employer(s)2010-12-31$330
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$2,125
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$200
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-03-31$0

Form 5500 Responses for MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

2015: MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2015 form 5500 responses
2015-04-01Type of plan entitySingle employer plan
2015-04-01Plan funding arrangement – TrustYes
2015-04-01Plan benefit arrangement - TrustYes
2014: MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2014 form 5500 responses
2014-04-01Type of plan entitySingle employer plan
2014-04-01Plan funding arrangement – TrustYes
2014-04-01Plan benefit arrangement - TrustYes
2013: MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2013 form 5500 responses
2013-04-01Type of plan entitySingle employer plan
2013-04-01Submission has been amendedYes
2013-04-01Plan funding arrangement – TrustYes
2013-04-01Plan benefit arrangement - TrustYes
2012: MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2012 form 5500 responses
2012-04-01Type of plan entitySingle employer plan
2012-04-01Plan funding arrangement – TrustYes
2012-04-01Plan benefit arrangement - TrustYes
2011: MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2011 form 5500 responses
2011-04-01Type of plan entitySingle employer plan
2011-04-01Plan funding arrangement – TrustYes
2011-04-01Plan benefit arrangement - TrustYes
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 – InsuranceYes
2011-01-01Plan benefit arrangement – InsuranceYes
2010: MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2010 form 5500 responses
2010-04-01Type of plan entitySingle employer plan
2010-04-01Plan funding arrangement – TrustYes
2010-04-01Plan benefit arrangement - TrustYes
2009: MALMBERG ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2009 form 5500 responses
2009-04-01Type of plan entitySingle employer plan
2009-04-01Plan funding arrangement – TrustYes
2009-04-01Plan benefit arrangement - TrustYes
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
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 – InsuranceYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

METLIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 87726 )
Policy contract number941250
Policy instance 1
Insurance contract or identification number941250
Number of Individuals Covered19
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $738
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
METLIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 87726 )
Policy contract number941250
Policy instance 1
Insurance contract or identification number941250
Number of Individuals Covered20
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $533
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $533
Insurance broker organization code?4
Insurance broker nameMORGAN STANLEY SMITH BARNEY LLC

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