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M INVESTMENT GROUP COMPANY 401(K) PLAN 401k Plan overview

Plan NameM INVESTMENT GROUP COMPANY 401(K) PLAN
Plan identification number 001

M INVESTMENT GROUP COMPANY 401(K) PLAN 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

M INVESTMENT GROUP COMPANY has sponsored the creation of one or more 401k plans.

Company Name:M INVESTMENT GROUP COMPANY
Employer identification number (EIN):461479629
NAIC Classification:454110
NAIC Description:Electronic Shopping and Mail-Order Houses

Additional information about M INVESTMENT GROUP COMPANY

Jurisdiction of Incorporation: North Carolina Secretary of State
Incorporation Date:
Company Identification Number: 1287658

More information about M INVESTMENT GROUP COMPANY

Form 5500 Filing Information

Submission information for form 5500 for 401k plan M INVESTMENT GROUP COMPANY 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012020-07-01
0012019-07-01
0012018-07-01
0012017-07-01HARRY THOMAS MADDUX HARRY THOMAS MADDUX2019-03-22
0012016-07-01HARRY THOMAS MADDUX
0012015-07-01HARRY THOMAS MADDUX HARRY THOMAS MADDUX2017-04-04
0012014-07-01HARRY THOMAS MADDUX HARRY THOMAS MADDUX2016-03-30
0012013-07-01HARRY THOMAS MADDUX HARRY THOMAS MADDUX2016-03-21
0012012-11-16HARRY THOMAS MADDUX HARRY THOMAS MADDUX2014-03-18

Plan Statistics for M INVESTMENT GROUP COMPANY 401(K) PLAN

401k plan membership statisitcs for M INVESTMENT GROUP COMPANY 401(K) PLAN

Measure Date Value
2020: M INVESTMENT GROUP COMPANY 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-07-011
Total number of active participants reported on line 7a of the Form 55002020-07-010
Number of retired or separated participants receiving benefits2020-07-010
Number of other retired or separated participants entitled to future benefits2020-07-010
Total of all active and inactive participants2020-07-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-07-010
Total participants2020-07-010
Number of participants with account balances2020-07-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-07-010
2019: M INVESTMENT GROUP COMPANY 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-07-012
Total number of active participants reported on line 7a of the Form 55002019-07-012
Number of retired or separated participants receiving benefits2019-07-010
Number of other retired or separated participants entitled to future benefits2019-07-010
Total of all active and inactive participants2019-07-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-07-010
Total participants2019-07-012
Number of participants with account balances2019-07-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-07-010
2018: M INVESTMENT GROUP COMPANY 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-07-012
Total number of active participants reported on line 7a of the Form 55002018-07-012
Number of retired or separated participants receiving benefits2018-07-010
Number of other retired or separated participants entitled to future benefits2018-07-010
Total of all active and inactive participants2018-07-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-07-010
Total participants2018-07-012
Number of participants with account balances2018-07-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-07-010
2017: M INVESTMENT GROUP COMPANY 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-07-012
Total number of active participants reported on line 7a of the Form 55002017-07-012
Number of retired or separated participants receiving benefits2017-07-010
Number of other retired or separated participants entitled to future benefits2017-07-010
Total of all active and inactive participants2017-07-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-07-010
Total participants2017-07-012
Number of participants with account balances2017-07-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-07-010
2016: M INVESTMENT GROUP COMPANY 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-07-011
Total number of active participants reported on line 7a of the Form 55002016-07-011
Number of retired or separated participants receiving benefits2016-07-010
Number of other retired or separated participants entitled to future benefits2016-07-010
Total of all active and inactive participants2016-07-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-07-010
Total participants2016-07-011
Number of participants with account balances2016-07-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-07-010
2015: M INVESTMENT GROUP COMPANY 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-07-011
Total number of active participants reported on line 7a of the Form 55002015-07-011
Number of retired or separated participants receiving benefits2015-07-010
Number of other retired or separated participants entitled to future benefits2015-07-010
Total of all active and inactive participants2015-07-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-07-010
Total participants2015-07-011
Number of participants with account balances2015-07-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-07-010
2014: M INVESTMENT GROUP COMPANY 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-07-011
Total number of active participants reported on line 7a of the Form 55002014-07-011
Number of retired or separated participants receiving benefits2014-07-010
Number of other retired or separated participants entitled to future benefits2014-07-010
Total of all active and inactive participants2014-07-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-07-010
Total participants2014-07-011
Number of participants with account balances2014-07-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-07-010
2013: M INVESTMENT GROUP COMPANY 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-07-011
Total number of active participants reported on line 7a of the Form 55002013-07-011
Number of retired or separated participants receiving benefits2013-07-010
Number of other retired or separated participants entitled to future benefits2013-07-010
Total of all active and inactive participants2013-07-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-07-010
Total participants2013-07-011
Number of participants with account balances2013-07-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-07-010
2012: M INVESTMENT GROUP COMPANY 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-11-160
Total number of active participants reported on line 7a of the Form 55002012-11-161
Number of retired or separated participants receiving benefits2012-11-160
Number of other retired or separated participants entitled to future benefits2012-11-160
Total of all active and inactive participants2012-11-161
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-11-160
Total participants2012-11-161
Number of participants with account balances2012-11-161
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-11-160

Financial Data on M INVESTMENT GROUP COMPANY 401(K) PLAN

Measure Date Value
2020 : M INVESTMENT GROUP COMPANY 401(K) PLAN 2020 401k financial data
Transfers to/from the plan2020-10-21$0
Total plan liabilities at end of year2020-10-21$0
Total plan liabilities at beginning of year2020-10-21$0
Total income from all sources2020-10-21$3,049
Expenses. Total of all expenses incurred2020-10-21$108,475
Benefits paid (including direct rollovers)2020-10-21$108,475
Total plan assets at end of year2020-10-21$0
Total plan assets at beginning of year2020-10-21$105,426
Value of fidelity bond covering the plan2020-10-21$50,000
Total contributions received or receivable from participants2020-10-21$0
Expenses. Other expenses not covered elsewhere2020-10-21$0
Contributions received from other sources (not participants or employers)2020-10-21$0
Other income received2020-10-21$3,049
Noncash contributions received2020-10-21$0
Net income (gross income less expenses)2020-10-21$-105,426
Net plan assets at end of year (total assets less liabilities)2020-10-21$0
Net plan assets at beginning of year (total assets less liabilities)2020-10-21$105,426
Assets. Value of employer securities2020-10-21$0
Total contributions received or receivable from employer(s)2020-10-21$0
Value of certain deemed distributions of participant loans2020-10-21$0
Value of corrective distributions2020-10-21$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-10-21$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-10-21$0
Transfers to/from the plan2020-06-30$0
Total plan liabilities at end of year2020-06-30$0
Total plan liabilities at beginning of year2020-06-30$0
Total income from all sources2020-06-30$-109,373
Expenses. Total of all expenses incurred2020-06-30$0
Benefits paid (including direct rollovers)2020-06-30$0
Total plan assets at end of year2020-06-30$105,426
Total plan assets at beginning of year2020-06-30$214,799
Value of fidelity bond covering the plan2020-06-30$50,000
Total contributions received or receivable from participants2020-06-30$0
Expenses. Other expenses not covered elsewhere2020-06-30$0
Contributions received from other sources (not participants or employers)2020-06-30$0
Other income received2020-06-30$-109,373
Noncash contributions received2020-06-30$0
Net income (gross income less expenses)2020-06-30$-109,373
Net plan assets at end of year (total assets less liabilities)2020-06-30$105,426
Net plan assets at beginning of year (total assets less liabilities)2020-06-30$214,799
Assets. Value of employer securities2020-06-30$105,426
Total contributions received or receivable from employer(s)2020-06-30$0
Value of certain deemed distributions of participant loans2020-06-30$0
Value of corrective distributions2020-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-06-30$0
2019 : M INVESTMENT GROUP COMPANY 401(K) PLAN 2019 401k financial data
Transfers to/from the plan2019-06-30$0
Total income from all sources2019-06-30$6,107
Expenses. Total of all expenses incurred2019-06-30$0
Benefits paid (including direct rollovers)2019-06-30$0
Total plan assets at end of year2019-06-30$214,799
Total plan assets at beginning of year2019-06-30$208,692
Value of fidelity bond covering the plan2019-06-30$50,000
Total contributions received or receivable from participants2019-06-30$0
Expenses. Other expenses not covered elsewhere2019-06-30$0
Contributions received from other sources (not participants or employers)2019-06-30$0
Other income received2019-06-30$6,107
Noncash contributions received2019-06-30$0
Net income (gross income less expenses)2019-06-30$6,107
Net plan assets at end of year (total assets less liabilities)2019-06-30$214,799
Net plan assets at beginning of year (total assets less liabilities)2019-06-30$208,692
Assets. Value of employer securities2019-06-30$214,799
Total contributions received or receivable from employer(s)2019-06-30$0
Value of certain deemed distributions of participant loans2019-06-30$0
Value of corrective distributions2019-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-06-30$0
2018 : M INVESTMENT GROUP COMPANY 401(K) PLAN 2018 401k financial data
Transfers to/from the plan2018-06-30$0
Total plan liabilities at end of year2018-06-30$0
Total plan liabilities at beginning of year2018-06-30$0
Total income from all sources2018-06-30$-45,992
Expenses. Total of all expenses incurred2018-06-30$0
Benefits paid (including direct rollovers)2018-06-30$0
Total plan assets at end of year2018-06-30$208,692
Total plan assets at beginning of year2018-06-30$254,684
Value of fidelity bond covering the plan2018-06-30$50,000
Total contributions received or receivable from participants2018-06-30$0
Expenses. Other expenses not covered elsewhere2018-06-30$0
Contributions received from other sources (not participants or employers)2018-06-30$0
Other income received2018-06-30$-45,992
Noncash contributions received2018-06-30$0
Net income (gross income less expenses)2018-06-30$-45,992
Net plan assets at end of year (total assets less liabilities)2018-06-30$208,692
Net plan assets at beginning of year (total assets less liabilities)2018-06-30$254,684
Assets. Value of employer securities2018-06-30$208,692
Total contributions received or receivable from employer(s)2018-06-30$0
Value of certain deemed distributions of participant loans2018-06-30$0
Value of corrective distributions2018-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-06-30$0
2017 : M INVESTMENT GROUP COMPANY 401(K) PLAN 2017 401k financial data
Transfers to/from the plan2017-06-30$0
Total plan liabilities at end of year2017-06-30$0
Total plan liabilities at beginning of year2017-06-30$0
Total income from all sources2017-06-30$-24,275
Expenses. Total of all expenses incurred2017-06-30$0
Benefits paid (including direct rollovers)2017-06-30$0
Total plan assets at end of year2017-06-30$254,684
Total plan assets at beginning of year2017-06-30$278,959
Value of fidelity bond covering the plan2017-06-30$50,000
Total contributions received or receivable from participants2017-06-30$0
Expenses. Other expenses not covered elsewhere2017-06-30$0
Contributions received from other sources (not participants or employers)2017-06-30$0
Other income received2017-06-30$-24,275
Noncash contributions received2017-06-30$0
Net income (gross income less expenses)2017-06-30$-24,275
Net plan assets at end of year (total assets less liabilities)2017-06-30$254,684
Net plan assets at beginning of year (total assets less liabilities)2017-06-30$278,959
Assets. Value of employer securities2017-06-30$254,684
Total contributions received or receivable from employer(s)2017-06-30$0
Value of certain deemed distributions of participant loans2017-06-30$0
Value of corrective distributions2017-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-06-30$0
2016 : M INVESTMENT GROUP COMPANY 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-06-30$0
Total plan liabilities at end of year2016-06-30$0
Total plan liabilities at beginning of year2016-06-30$0
Total income from all sources2016-06-30$-20,921
Expenses. Total of all expenses incurred2016-06-30$0
Benefits paid (including direct rollovers)2016-06-30$0
Total plan assets at end of year2016-06-30$278,959
Total plan assets at beginning of year2016-06-30$299,880
Value of fidelity bond covering the plan2016-06-30$50,000
Total contributions received or receivable from participants2016-06-30$0
Expenses. Other expenses not covered elsewhere2016-06-30$0
Contributions received from other sources (not participants or employers)2016-06-30$0
Other income received2016-06-30$-20,921
Noncash contributions received2016-06-30$0
Net income (gross income less expenses)2016-06-30$-20,921
Net plan assets at end of year (total assets less liabilities)2016-06-30$278,959
Net plan assets at beginning of year (total assets less liabilities)2016-06-30$299,880
Assets. Value of employer securities2016-06-30$278,959
Total contributions received or receivable from employer(s)2016-06-30$0
Value of certain deemed distributions of participant loans2016-06-30$0
Value of corrective distributions2016-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-06-30$0
2015 : M INVESTMENT GROUP COMPANY 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-06-30$0
Total plan liabilities at end of year2015-06-30$0
Total plan liabilities at beginning of year2015-06-30$0
Total income from all sources2015-06-30$-90,480
Expenses. Total of all expenses incurred2015-06-30$0
Benefits paid (including direct rollovers)2015-06-30$0
Total plan assets at end of year2015-06-30$299,880
Total plan assets at beginning of year2015-06-30$390,360
Value of fidelity bond covering the plan2015-06-30$50,000
Total contributions received or receivable from participants2015-06-30$0
Expenses. Other expenses not covered elsewhere2015-06-30$0
Contributions received from other sources (not participants or employers)2015-06-30$0
Other income received2015-06-30$-90,480
Noncash contributions received2015-06-30$0
Net income (gross income less expenses)2015-06-30$-90,480
Net plan assets at end of year (total assets less liabilities)2015-06-30$299,880
Net plan assets at beginning of year (total assets less liabilities)2015-06-30$390,360
Assets. Value of employer securities2015-06-30$299,880
Total contributions received or receivable from employer(s)2015-06-30$0
Value of certain deemed distributions of participant loans2015-06-30$0
Value of corrective distributions2015-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-06-30$0
2014 : M INVESTMENT GROUP COMPANY 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-06-30$0
Total plan liabilities at end of year2014-06-30$0
Total plan liabilities at beginning of year2014-06-30$0
Total income from all sources2014-06-30$-5,457
Expenses. Total of all expenses incurred2014-06-30$0
Benefits paid (including direct rollovers)2014-06-30$0
Total plan assets at end of year2014-06-30$390,360
Total plan assets at beginning of year2014-06-30$395,817
Total contributions received or receivable from participants2014-06-30$0
Expenses. Other expenses not covered elsewhere2014-06-30$0
Contributions received from other sources (not participants or employers)2014-06-30$0
Other income received2014-06-30$-5,457
Noncash contributions received2014-06-30$0
Net income (gross income less expenses)2014-06-30$-5,457
Net plan assets at end of year (total assets less liabilities)2014-06-30$390,360
Net plan assets at beginning of year (total assets less liabilities)2014-06-30$395,817
Assets. Value of employer securities2014-06-30$390,360
Total contributions received or receivable from employer(s)2014-06-30$0
Value of certain deemed distributions of participant loans2014-06-30$0
Value of corrective distributions2014-06-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-06-30$0
2013 : M INVESTMENT GROUP COMPANY 401(K) PLAN 2013 401k financial data
Transfers to/from the plan2013-06-30$0
Total plan liabilities at end of year2013-06-30$0
Total plan liabilities at beginning of year2013-06-30$0
Total income from all sources2013-06-30$395,832
Expenses. Total of all expenses incurred2013-06-30$15
Total plan assets at end of year2013-06-30$395,817
Total plan assets at beginning of year2013-06-30$0
Total contributions received or receivable from participants2013-06-30$0
Expenses. Other expenses not covered elsewhere2013-06-30$15
Contributions received from other sources (not participants or employers)2013-06-30$401,043
Other income received2013-06-30$-5,211
Noncash contributions received2013-06-30$0
Net income (gross income less expenses)2013-06-30$395,817
Net plan assets at end of year (total assets less liabilities)2013-06-30$395,817
Net plan assets at beginning of year (total assets less liabilities)2013-06-30$0
Assets. Value of employer securities2013-06-30$395,817
Total contributions received or receivable from employer(s)2013-06-30$0

Form 5500 Responses for M INVESTMENT GROUP COMPANY 401(K) PLAN

2020: M INVESTMENT GROUP COMPANY 401(K) PLAN 2020 form 5500 responses
2020-07-01Type of plan entitySingle employer plan
2020-07-01Submission has been amendedNo
2020-07-01This submission is the final filingYes
2020-07-01This return/report is a short plan year return/report (less than 12 months)Yes
2020-07-01Plan is a collectively bargained planNo
2020-07-01Plan funding arrangement – TrustYes
2020-07-01Plan benefit arrangement - TrustYes
2019: M INVESTMENT GROUP COMPANY 401(K) PLAN 2019 form 5500 responses
2019-07-01Type of plan entitySingle employer plan
2019-07-01Submission has been amendedNo
2019-07-01This submission is the final filingNo
2019-07-01This return/report is a short plan year return/report (less than 12 months)No
2019-07-01Plan is a collectively bargained planNo
2019-07-01Plan funding arrangement – TrustYes
2019-07-01Plan benefit arrangement - TrustYes
2018: M INVESTMENT GROUP COMPANY 401(K) PLAN 2018 form 5500 responses
2018-07-01Type of plan entitySingle employer plan
2018-07-01Submission has been amendedNo
2018-07-01This submission is the final filingNo
2018-07-01This return/report is a short plan year return/report (less than 12 months)No
2018-07-01Plan is a collectively bargained planNo
2018-07-01Plan funding arrangement – TrustYes
2018-07-01Plan benefit arrangement - TrustYes
2017: M INVESTMENT GROUP COMPANY 401(K) PLAN 2017 form 5500 responses
2017-07-01Type of plan entitySingle employer plan
2017-07-01Submission has been amendedNo
2017-07-01This submission is the final filingNo
2017-07-01This return/report is a short plan year return/report (less than 12 months)No
2017-07-01Plan is a collectively bargained planNo
2017-07-01Plan funding arrangement – TrustYes
2017-07-01Plan benefit arrangement - TrustYes
2016: M INVESTMENT GROUP COMPANY 401(K) PLAN 2016 form 5500 responses
2016-07-01Type of plan entitySingle employer plan
2016-07-01Submission has been amendedNo
2016-07-01This submission is the final filingNo
2016-07-01This return/report is a short plan year return/report (less than 12 months)No
2016-07-01Plan is a collectively bargained planNo
2016-07-01Plan funding arrangement – TrustYes
2016-07-01Plan benefit arrangement - TrustYes
2015: M INVESTMENT GROUP COMPANY 401(K) PLAN 2015 form 5500 responses
2015-07-01Type of plan entitySingle employer plan
2015-07-01Submission has been amendedNo
2015-07-01This submission is the final filingNo
2015-07-01This return/report is a short plan year return/report (less than 12 months)No
2015-07-01Plan is a collectively bargained planNo
2015-07-01Plan funding arrangement – TrustYes
2015-07-01Plan benefit arrangement - TrustYes
2014: M INVESTMENT GROUP COMPANY 401(K) PLAN 2014 form 5500 responses
2014-07-01Type of plan entitySingle employer plan
2014-07-01Submission has been amendedNo
2014-07-01This submission is the final filingNo
2014-07-01This return/report is a short plan year return/report (less than 12 months)No
2014-07-01Plan is a collectively bargained planNo
2014-07-01Plan funding arrangement – TrustYes
2014-07-01Plan benefit arrangement - TrustYes
2013: M INVESTMENT GROUP COMPANY 401(K) PLAN 2013 form 5500 responses
2013-07-01Type of plan entitySingle employer plan
2013-07-01Submission has been amendedYes
2013-07-01This submission is the final filingNo
2013-07-01This return/report is a short plan year return/report (less than 12 months)No
2013-07-01Plan is a collectively bargained planNo
2013-07-01Plan funding arrangement – TrustYes
2013-07-01Plan benefit arrangement - TrustYes
2012: M INVESTMENT GROUP COMPANY 401(K) PLAN 2012 form 5500 responses
2012-11-16Type of plan entitySingle employer plan
2012-11-16First time form 5500 has been submittedYes
2012-11-16Submission has been amendedNo
2012-11-16This submission is the final filingNo
2012-11-16This return/report is a short plan year return/report (less than 12 months)Yes
2012-11-16Plan is a collectively bargained planNo
2012-11-16Plan funding arrangement – TrustYes
2012-11-16Plan benefit arrangement - TrustYes

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