401k Plan data: MACHINE TOOL & FAB CORP 401(K) PLAN plan

MACHINE TOOL & FAB CORP 401(K) PLAN 401k Plan overview

Plan Name	MACHINE TOOL & FAB CORP 401(K) PLAN
Plan identification number	001

MACHINE TOOL & FAB CORP 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.
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

MACHINE TOOL & FAB CORP 401(K) PLAN has sponsored the creation of one or more 401k plans.

Company Name: MACHINE TOOL & FAB CORP 401(K) PLAN

Employer identification number (EIN): 205503365

NAIC Classification: 332700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MACHINE TOOL & FAB CORP 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2016-01-01
001 2015-01-01
001 2014-01-01 RICHARD J. KISER
001 2013-01-01 RICHARD J. KISER
001 2012-01-01 RICHARD J. KISER RICHARD J. KISER 2013-08-08
001 2011-01-01 RICHARD J. KISER RICHARD J. KISER 2012-10-01

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2016-01-01
001	2015-01-01
001	2014-01-01	RICHARD J. KISER
001	2013-01-01	RICHARD J. KISER
001	2012-01-01	RICHARD J. KISER	RICHARD J. KISER	2013-08-08
001	2011-01-01	RICHARD J. KISER	RICHARD J. KISER	2012-10-01

Plan Statistics for MACHINE TOOL & FAB CORP 401(K) PLAN

401k plan membership statisitcs for MACHINE TOOL & FAB CORP 401(K) PLAN

Measure Date Value
2016: MACHINE TOOL & FAB CORP 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 20
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 1
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 1
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 1
Number of participants with account balances 2016-01-01 1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: MACHINE TOOL & FAB CORP 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 22
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 17
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 2
Total of all active and inactive participants 2015-01-01 19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 19
Number of participants with account balances 2015-01-01 19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: MACHINE TOOL & FAB CORP 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 23
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 18
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 3
Total of all active and inactive participants 2014-01-01 21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 21
Number of participants with account balances 2014-01-01 21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: MACHINE TOOL & FAB CORP 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 17
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 17
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 5
Total of all active and inactive participants 2013-01-01 22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 22
Number of participants with account balances 2013-01-01 22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: MACHINE TOOL & FAB CORP 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 18
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 14
Number of other retired or separated participants entitled to future benefits 2012-01-01 3
Total of all active and inactive participants 2012-01-01 17
Total participants 2012-01-01 17
Number of participants with account balances 2012-01-01 16
2011: MACHINE TOOL & FAB CORP 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 16
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 15
Number of other retired or separated participants entitled to future benefits 2011-01-01 3
Total of all active and inactive participants 2011-01-01 18
Total participants 2011-01-01 18
Number of participants with account balances 2011-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0

Measure	Date	Value
2016: MACHINE TOOL & FAB CORP 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	20
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	1
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	1
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	1
Number of participants with account balances	2016-01-01	1
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: MACHINE TOOL & FAB CORP 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	22
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	17
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	2
Total of all active and inactive participants	2015-01-01	19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	19
Number of participants with account balances	2015-01-01	19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: MACHINE TOOL & FAB CORP 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	23
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	18
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	3
Total of all active and inactive participants	2014-01-01	21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	21
Number of participants with account balances	2014-01-01	21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: MACHINE TOOL & FAB CORP 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	17
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	17
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	5
Total of all active and inactive participants	2013-01-01	22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	22
Number of participants with account balances	2013-01-01	22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: MACHINE TOOL & FAB CORP 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	18
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	14
Number of other retired or separated participants entitled to future benefits	2012-01-01	3
Total of all active and inactive participants	2012-01-01	17
Total participants	2012-01-01	17
Number of participants with account balances	2012-01-01	16
2011: MACHINE TOOL & FAB CORP 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	16
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	15
Number of other retired or separated participants entitled to future benefits	2011-01-01	3
Total of all active and inactive participants	2011-01-01	18
Total participants	2011-01-01	18
Number of participants with account balances	2011-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0

Financial Data on MACHINE TOOL & FAB CORP 401(K) PLAN

Measure	Date	Value
2016 : MACHINE TOOL & FAB CORP 401(K) PLAN 2016 401k financial data
Total plan liabilities at beginning of year	2016-12-31	$1,294
Total income from all sources	2016-12-31	$2,849
Expenses. Total of all expenses incurred	2016-12-31	$1,587,219
Benefits paid (including direct rollovers)	2016-12-31	$1,578,710
Total plan assets at end of year	2016-12-31	$1,005,766
Total plan assets at beginning of year	2016-12-31	$2,591,430
Value of fidelity bond covering the plan	2016-12-31	$1,323,000
Total contributions received or receivable from participants	2016-12-31	$7,980
Other income received	2016-12-31	$-8,479
Net income (gross income less expenses)	2016-12-31	$-1,584,370
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$1,005,766
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$2,590,136
Assets. Value of participant loans	2016-12-31	$0
Assets. Value of employer securities	2016-12-31	$1,005,766
Total contributions received or receivable from employer(s)	2016-12-31	$3,348
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$8,509
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
2015 : MACHINE TOOL & FAB CORP 401(K) PLAN 2015 401k financial data
Total plan liabilities at end of year	2015-12-31	$1,294
Total income from all sources	2015-12-31	$-19,408
Expenses. Total of all expenses incurred	2015-12-31	$66,425
Benefits paid (including direct rollovers)	2015-12-31	$53,066
Total plan assets at end of year	2015-12-31	$2,591,430
Total plan assets at beginning of year	2015-12-31	$2,675,969
Value of fidelity bond covering the plan	2015-12-31	$1,323,000
Total contributions received or receivable from participants	2015-12-31	$81,511
Contributions received from other sources (not participants or employers)	2015-12-31	$0
Other income received	2015-12-31	$-135,478
Noncash contributions received	2015-12-31	$0
Net income (gross income less expenses)	2015-12-31	$-85,833
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$2,590,136
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$2,675,969
Assets. Value of participant loans	2015-12-31	$42,519
Assets. Value of employer securities	2015-12-31	$1,095,566
Total contributions received or receivable from employer(s)	2015-12-31	$34,559
Value of certain deemed distributions of participant loans	2015-12-31	$0
Value of corrective distributions	2015-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$13,359
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
2014 : MACHINE TOOL & FAB CORP 401(K) PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$628,470
Expenses. Total of all expenses incurred	2014-12-31	$135,866
Benefits paid (including direct rollovers)	2014-12-31	$122,780
Total plan assets at end of year	2014-12-31	$2,675,969
Total plan assets at beginning of year	2014-12-31	$2,183,365
Value of fidelity bond covering the plan	2014-12-31	$1,000,000
Total contributions received or receivable from participants	2014-12-31	$83,978
Contributions received from other sources (not participants or employers)	2014-12-31	$24,946
Other income received	2014-12-31	$481,227
Net income (gross income less expenses)	2014-12-31	$492,604
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$2,675,969
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$2,183,365
Assets. Value of participant loans	2014-12-31	$52,567
Assets. Value of employer securities	2014-12-31	$1,171,065
Total contributions received or receivable from employer(s)	2014-12-31	$38,319
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$13,086
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
2013 : MACHINE TOOL & FAB CORP 401(K) PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$284,330
Expenses. Total of all expenses incurred	2013-12-31	$21,078
Benefits paid (including direct rollovers)	2013-12-31	$10,711
Total plan assets at end of year	2013-12-31	$2,183,365
Total plan assets at beginning of year	2013-12-31	$1,920,113
Value of fidelity bond covering the plan	2013-12-31	$1,000,000
Total contributions received or receivable from participants	2013-12-31	$67,660
Other income received	2013-12-31	$179,114
Net income (gross income less expenses)	2013-12-31	$263,252
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$2,183,365
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$1,920,113
Assets. Value of participant loans	2013-12-31	$38,680
Assets. Value of employer securities	2013-12-31	$747,853
Total contributions received or receivable from employer(s)	2013-12-31	$37,556
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$10,367
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : MACHINE TOOL & FAB CORP 401(K) PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$346,006
Expenses. Total of all expenses incurred	2012-12-31	$107,826
Benefits paid (including direct rollovers)	2012-12-31	$107,601
Total plan assets at end of year	2012-12-31	$1,920,113
Total plan assets at beginning of year	2012-12-31	$1,681,933
Value of fidelity bond covering the plan	2012-12-31	$500,000
Total contributions received or receivable from participants	2012-12-31	$71,305
Other income received	2012-12-31	$274,701
Net income (gross income less expenses)	2012-12-31	$238,180
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$1,920,113
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$1,681,933
Assets. Value of participant loans	2012-12-31	$45,371
Assets. Value of employer securities	2012-12-31	$823,006
Value of corrective distributions	2012-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$225
2011 : MACHINE TOOL & FAB CORP 401(K) PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$252,705
Expenses. Total of all expenses incurred	2011-12-31	$30,584
Benefits paid (including direct rollovers)	2011-12-31	$30,359
Total plan assets at end of year	2011-12-31	$1,681,933
Total plan assets at beginning of year	2011-12-31	$1,459,812
Value of fidelity bond covering the plan	2011-12-31	$500,000
Total contributions received or receivable from participants	2011-12-31	$65,320
Other income received	2011-12-31	$187,385
Net income (gross income less expenses)	2011-12-31	$222,121
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,681,933
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$1,459,812
Assets. Value of participant loans	2011-12-31	$37,054
Assets. Value of employer securities	2011-12-31	$690,670
Total contributions received or receivable from employer(s)	2011-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$225
2010 : MACHINE TOOL & FAB CORP 401(K) PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$205,805
Expenses. Total of all expenses incurred	2010-12-31	$20,225
Benefits paid (including direct rollovers)	2010-12-31	$20,000
Total plan assets at end of year	2010-12-31	$1,459,812
Total plan assets at beginning of year	2010-12-31	$1,274,232
Value of fidelity bond covering the plan	2010-12-31	$500,000
Total contributions received or receivable from participants	2010-12-31	$41,055
Other income received	2010-12-31	$164,750
Net income (gross income less expenses)	2010-12-31	$185,580
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$1,459,812
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$1,274,232
Assets. Value of participant loans	2010-12-31	$29,849
Assets. Value of employer securities	2010-12-31	$477,342
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$225

Form 5500 Responses for MACHINE TOOL & FAB CORP 401(K) PLAN

2016: MACHINE TOOL & FAB CORP 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: MACHINE TOOL & FAB CORP 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: MACHINE TOOL & FAB CORP 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: MACHINE TOOL & FAB CORP 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: MACHINE TOOL & FAB CORP 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: MACHINE TOOL & FAB CORP 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	MACHINE TOOL & FAB CORP 401(K) PLAN
Employer identification number (EIN):	205503365
NAIC Classification:	332700