Plan Name | PROFIT SHARING PLAN OF MARVIN KNITTING MILLS INC. |
Plan identification number | 001 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
|
Company Name: | MARVIN KNITTING MILLS INC. |
Employer identification number (EIN): | 131916127 |
NAIC Classification: | 424300 |
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2016-01-01 | LARRY LEFOLDT |
Measure | Date | Value |
---|---|---|
2016: PROFIT SHARING PLAN OF MARVIN KNITTING MILLS INC. 2016 401k membership | ||
Total participants, beginning-of-year | 2016-01-01 | 18 |
Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 0 |
Number of retired or separated participants receiving benefits | 2016-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 0 |
Total of all active and inactive participants | 2016-01-01 | 0 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 0 |
Total participants | 2016-01-01 | 0 |
Number of participants with account balances | 2016-01-01 | 0 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 0 |
Measure | Date | Value |
---|---|---|
2016 : PROFIT SHARING PLAN OF MARVIN KNITTING MILLS INC. 2016 401k financial data | ||
Total income from all sources | 2016-12-31 | $106,000 |
Expenses. Total of all expenses incurred | 2016-12-31 | $1,007,845 |
Benefits paid (including direct rollovers) | 2016-12-31 | $99,000 |
Total plan assets at end of year | 2016-12-31 | $0 |
Total plan assets at beginning of year | 2016-12-31 | $901,845 |
Value of fidelity bond covering the plan | 2016-12-31 | $10,000 |
Expenses. Other expenses not covered elsewhere | 2016-12-31 | $901,845 |
Net income (gross income less expenses) | 2016-12-31 | $-901,845 |
Net plan assets at end of year (total assets less liabilities) | 2016-12-31 | $0 |
Net plan assets at beginning of year (total assets less liabilities) | 2016-12-31 | $901,845 |
Total contributions received or receivable from employer(s) | 2016-12-31 | $106,000 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2016-12-31 | $7,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
2016: PROFIT SHARING PLAN OF MARVIN KNITTING MILLS INC. 2016 form 5500 responses | ||
---|---|---|
2016-01-01 | Type of plan entity | Single employer plan |
2016-01-01 | This submission is the final filing | Yes |
2016-01-01 | Plan funding arrangement – Trust | Yes |
2016-01-01 | Plan benefit arrangement - Trust | Yes |