401k Plan data: MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN plan

MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN 401k Plan overview

Plan Name	MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN
Plan identification number	001

MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN 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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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

MAIN STREET FINANCIAL GROUP, LLC has sponsored the creation of one or more 401k plans.

Company Name: MAIN STREET FINANCIAL GROUP, LLC

Employer identification number (EIN): 061449902

NAIC Classification: 523900

Additional information about MAIN STREET FINANCIAL GROUP, LLC

Jurisdiction of Incorporation: Florida Department of State Division of Corporations

Incorporation Date: 2016-03-23

Company Identification Number: L16000059206

Legal Registered Office Address: 7698 Albert Tillinghast Drive

Sarasota

34240

More information about MAIN STREET FINANCIAL GROUP, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2019-01-01 JOHN S. PRONOVOST 2019-07-18
001 2018-01-01 JOHN S. PRONOVOST 2019-06-27
001 2017-01-01 JOHN S. PRONOVOST 2018-09-18
001 2016-01-01 JOHN S. PRONOVOST 2017-01-18
001 2015-01-01 JOHN S. PRONOVOST 2016-07-25
001 2014-01-01 JOHN S. PRONOVOST 2015-05-19
001 2013-01-01 JOHN S. PRONOVOST
001 2012-01-01 JOHN S. PRONOVOST
001 2011-01-01 JOHN S. PRONOVOST

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2019-01-01	JOHN S. PRONOVOST	2019-07-18
001	2018-01-01	JOHN S. PRONOVOST	2019-06-27
001	2017-01-01	JOHN S. PRONOVOST	2018-09-18
001	2016-01-01	JOHN S. PRONOVOST	2017-01-18
001	2015-01-01	JOHN S. PRONOVOST	2016-07-25
001	2014-01-01	JOHN S. PRONOVOST	2015-05-19
001	2013-01-01	JOHN S. PRONOVOST
001	2012-01-01	JOHN S. PRONOVOST
001	2011-01-01	JOHN S. PRONOVOST

Plan Statistics for MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN

401k plan membership statisitcs for MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN

Measure Date Value
2013: MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 5
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 5
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 0
Total of all active and inactive participants 2013-01-01 5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 5
Number of participants with account balances 2013-01-01 5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 5
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 5
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 5
Number of participants with account balances 2012-01-01 5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 5
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 5
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 0
Total of all active and inactive participants 2011-01-01 5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 5
Number of participants with account balances 2011-01-01 5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0

Measure	Date	Value
2013: MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	5
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	5
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	0
Total of all active and inactive participants	2013-01-01	5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	5
Number of participants with account balances	2013-01-01	5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	5
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	5
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	5
Number of participants with account balances	2012-01-01	5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	5
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	5
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	0
Total of all active and inactive participants	2011-01-01	5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	5
Number of participants with account balances	2011-01-01	5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0

Financial Data on MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN

Measure	Date	Value
2013 : MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN 2013 401k financial data
Transfers to/from the plan	2013-12-31	$0
Total plan liabilities at end of year	2013-12-31	$0
Total plan liabilities at beginning of year	2013-12-31	$0
Total income from all sources	2013-12-31	$71,131
Expenses. Total of all expenses incurred	2013-12-31	$285
Benefits paid (including direct rollovers)	2013-12-31	$0
Total plan assets at end of year	2013-12-31	$177,349
Total plan assets at beginning of year	2013-12-31	$106,503
Value of fidelity bond covering the plan	2013-12-31	$10,000
Total contributions received or receivable from participants	2013-12-31	$24,368
Expenses. Other expenses not covered elsewhere	2013-12-31	$0
Contributions received from other sources (not participants or employers)	2013-12-31	$0
Other income received	2013-12-31	$31,208
Noncash contributions received	2013-12-31	$0
Net income (gross income less expenses)	2013-12-31	$70,846
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$177,349
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$106,503
Assets. Value of participant loans	2013-12-31	$17,826
Total contributions received or receivable from employer(s)	2013-12-31	$15,555
Value of certain deemed distributions of participant loans	2013-12-31	$0
Value of corrective distributions	2013-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$285
2012 : MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN 2012 401k financial data
Transfers to/from the plan	2012-12-31	$0
Total plan liabilities at end of year	2012-12-31	$0
Total plan liabilities at beginning of year	2012-12-31	$0
Total income from all sources	2012-12-31	$50,542
Expenses. Total of all expenses incurred	2012-12-31	$340
Benefits paid (including direct rollovers)	2012-12-31	$0
Total plan assets at end of year	2012-12-31	$106,503
Total plan assets at beginning of year	2012-12-31	$56,301
Value of fidelity bond covering the plan	2012-12-31	$10,000
Total contributions received or receivable from participants	2012-12-31	$24,323
Expenses. Other expenses not covered elsewhere	2012-12-31	$0
Contributions received from other sources (not participants or employers)	2012-12-31	$0
Other income received	2012-12-31	$10,351
Noncash contributions received	2012-12-31	$0
Net income (gross income less expenses)	2012-12-31	$50,202
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$106,503
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$56,301
Assets. Value of participant loans	2012-12-31	$30,378
Total contributions received or receivable from employer(s)	2012-12-31	$15,868
Value of certain deemed distributions of participant loans	2012-12-31	$0
Value of corrective distributions	2012-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$340
2011 : MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN 2011 401k financial data
Transfers to/from the plan	2011-12-31	$0
Total plan liabilities at end of year	2011-12-31	$0
Total plan liabilities at beginning of year	2011-12-31	$0
Total income from all sources	2011-12-31	$37,723
Expenses. Total of all expenses incurred	2011-12-31	$0
Benefits paid (including direct rollovers)	2011-12-31	$0
Total plan assets at end of year	2011-12-31	$56,301
Total plan assets at beginning of year	2011-12-31	$18,578
Value of fidelity bond covering the plan	2011-12-31	$10,000
Total contributions received or receivable from participants	2011-12-31	$24,433
Expenses. Other expenses not covered elsewhere	2011-12-31	$0
Contributions received from other sources (not participants or employers)	2011-12-31	$0
Other income received	2011-12-31	$-2,856
Noncash contributions received	2011-12-31	$0
Net income (gross income less expenses)	2011-12-31	$37,723
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$56,301
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$18,578
Total contributions received or receivable from employer(s)	2011-12-31	$16,146
Value of certain deemed distributions of participant loans	2011-12-31	$0
Value of corrective distributions	2011-12-31	$0
2010 : MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN 2010 401k financial data
Transfers to/from the plan	2010-12-31	$0
Total plan liabilities at end of year	2010-12-31	$0
Total plan liabilities at beginning of year	2010-12-31	$0
Total income from all sources	2010-12-31	$18,578
Expenses. Total of all expenses incurred	2010-12-31	$0
Benefits paid (including direct rollovers)	2010-12-31	$0
Total plan assets at end of year	2010-12-31	$18,578
Total plan assets at beginning of year	2010-12-31	$0
Value of fidelity bond covering the plan	2010-12-31	$10,000
Total contributions received or receivable from participants	2010-12-31	$8,666
Expenses. Other expenses not covered elsewhere	2010-12-31	$0
Contributions received from other sources (not participants or employers)	2010-12-31	$0
Other income received	2010-12-31	$1,246
Noncash contributions received	2010-12-31	$0
Net income (gross income less expenses)	2010-12-31	$18,578
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$18,578
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$0
Total contributions received or receivable from employer(s)	2010-12-31	$8,666
Value of certain deemed distributions of participant loans	2010-12-31	$0
Value of corrective distributions	2010-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$0

Form 5500 Responses for MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN

2013: MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN 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: MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN 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: MAIN STREET FINANCIAL GROUP, LLC 401(K) PLAN 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

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Company Name:	MAIN STREET FINANCIAL GROUP, LLC
Employer identification number (EIN):	061449902
NAIC Classification:	523900

Jurisdiction of Incorporation:	Florida Department of State Division of Corporations
Incorporation Date:	2016-03-23
Company Identification Number:	L16000059206
Legal Registered Office Address:	7698 Albert Tillinghast Drive Sarasota 34240