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MTS 401(K) PLAN 401k Plan overview

Plan NameMTS 401(K) PLAN
Plan identification number 001

MTS 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.

401k Sponsoring company profile

MEDICAL TESTING SERVICES OF COLUMBUS, INC. has sponsored the creation of one or more 401k plans.

Company Name:MEDICAL TESTING SERVICES OF COLUMBUS, INC.
Employer identification number (EIN):462819715
NAIC Classification:621510
NAIC Description: Medical and Diagnostic Laboratories

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MTS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01BRADLEY BALLANTINE2022-09-25
0012020-01-01BRADLEY BALLANTINE2021-09-23
0012019-01-01BRADLEY K. BALLANTINE2020-09-23
0012018-01-01
0012017-01-01
0012016-01-01BRADLEY K. BALLANTINE
0012015-01-01BRADLEY K. BALLANTINE
0012014-01-01BRADLEY K. BALLANTINE
0012013-05-30BRADLEY L BALLANTINE

Plan Statistics for MTS 401(K) PLAN

401k plan membership statisitcs for MTS 401(K) PLAN

Measure Date Value
2021: MTS 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-015
Total number of active participants reported on line 7a of the Form 55002021-01-012
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-011
Total of all active and inactive participants2021-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-013
Number of participants with account balances2021-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: MTS 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-013
Total number of active participants reported on line 7a of the Form 55002020-01-014
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-014
Number of participants with account balances2020-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: MTS 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-013
Total number of active participants reported on line 7a of the Form 55002019-01-013
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-013
Number of participants with account balances2019-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: MTS 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-013
Total number of active participants reported on line 7a of the Form 55002018-01-012
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-012
Number of participants with account balances2018-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: MTS 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-012
Total number of active participants reported on line 7a of the Form 55002017-01-012
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-012
Number of participants with account balances2017-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: MTS 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-011
Total number of active participants reported on line 7a of the Form 55002016-01-012
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-012
Number of participants with account balances2016-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: MTS 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-011
Total number of active participants reported on line 7a of the Form 55002015-01-011
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-011
Number of participants with account balances2015-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: MTS 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-011
Total number of active participants reported on line 7a of the Form 55002014-01-011
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-011
Number of participants with account balances2014-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: MTS 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-05-301
Total number of active participants reported on line 7a of the Form 55002013-05-301
Number of retired or separated participants receiving benefits2013-05-300
Number of other retired or separated participants entitled to future benefits2013-05-300
Total of all active and inactive participants2013-05-301
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-05-300
Total participants2013-05-301
Number of participants with account balances2013-05-301
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-05-300

Financial Data on MTS 401(K) PLAN

Measure Date Value
2021 : MTS 401(K) PLAN 2021 401k financial data
Total income from all sources2021-12-31$14,276
Expenses. Total of all expenses incurred2021-12-31$1,946
Total plan assets at end of year2021-12-31$404,229
Total plan assets at beginning of year2021-12-31$391,899
Value of fidelity bond covering the plan2021-12-31$50,000
Other income received2021-12-31$14,276
Net income (gross income less expenses)2021-12-31$12,330
Net plan assets at end of year (total assets less liabilities)2021-12-31$404,229
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$391,899
Assets. Value of employer securities2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$1,946
2020 : MTS 401(K) PLAN 2020 401k financial data
Total income from all sources2020-12-31$51,121
Expenses. Total of all expenses incurred2020-12-31$1,883
Total plan assets at end of year2020-12-31$391,899
Total plan assets at beginning of year2020-12-31$342,661
Value of fidelity bond covering the plan2020-12-31$50,000
Total contributions received or receivable from participants2020-12-31$600
Other income received2020-12-31$50,521
Net income (gross income less expenses)2020-12-31$49,238
Net plan assets at end of year (total assets less liabilities)2020-12-31$391,899
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$342,661
Assets. Value of employer securities2020-12-31$200,000
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$1,883
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : MTS 401(K) PLAN 2019 401k financial data
Total income from all sources2019-12-31$6,351
Expenses. Total of all expenses incurred2019-12-31$2,009
Total plan assets at end of year2019-12-31$342,662
Total plan assets at beginning of year2019-12-31$338,320
Value of fidelity bond covering the plan2019-12-31$50,000
Total contributions received or receivable from participants2019-12-31$600
Other income received2019-12-31$5,751
Net income (gross income less expenses)2019-12-31$4,342
Net plan assets at end of year (total assets less liabilities)2019-12-31$342,662
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$338,320
Assets. Value of employer securities2019-12-31$175,000
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$2,009
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : MTS 401(K) PLAN 2018 401k financial data
Total income from all sources2018-12-31$-14,369
Expenses. Total of all expenses incurred2018-12-31$1,594
Total plan assets at end of year2018-12-31$338,320
Total plan assets at beginning of year2018-12-31$354,283
Value of fidelity bond covering the plan2018-12-31$50,000
Total contributions received or receivable from participants2018-12-31$600
Other income received2018-12-31$-14,969
Net income (gross income less expenses)2018-12-31$-15,963
Net plan assets at end of year (total assets less liabilities)2018-12-31$338,320
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$354,283
Assets. Value of employer securities2018-12-31$200,000
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$1,594
2017 : MTS 401(K) PLAN 2017 401k financial data
Total income from all sources2017-12-31$75,579
Expenses. Total of all expenses incurred2017-12-31$535
Total plan assets at end of year2017-12-31$354,283
Total plan assets at beginning of year2017-12-31$279,239
Total contributions received or receivable from participants2017-12-31$600
Other income received2017-12-31$74,979
Net income (gross income less expenses)2017-12-31$75,044
Net plan assets at end of year (total assets less liabilities)2017-12-31$354,283
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$279,239
Assets. Value of employer securities2017-12-31$205,000
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$535
2016 : MTS 401(K) PLAN 2016 401k financial data
Total income from all sources2016-12-31$37,378
Expenses. Total of all expenses incurred2016-12-31$80
Total plan assets at end of year2016-12-31$279,239
Total plan assets at beginning of year2016-12-31$241,941
Value of fidelity bond covering the plan2016-12-31$250,000
Total contributions received or receivable from participants2016-12-31$600
Other income received2016-12-31$36,778
Net income (gross income less expenses)2016-12-31$37,298
Net plan assets at end of year (total assets less liabilities)2016-12-31$279,239
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$241,941
Assets. Value of employer securities2016-12-31$150,000
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$80
2015 : MTS 401(K) PLAN 2015 401k financial data
Total income from all sources2015-12-31$9,892
Expenses. Total of all expenses incurred2015-12-31$80
Total plan assets at end of year2015-12-31$241,941
Total plan assets at beginning of year2015-12-31$232,129
Value of fidelity bond covering the plan2015-12-31$250,000
Total contributions received or receivable from participants2015-12-31$600
Other income received2015-12-31$9,292
Net income (gross income less expenses)2015-12-31$9,812
Net plan assets at end of year (total assets less liabilities)2015-12-31$241,941
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$232,129
Assets. Value of employer securities2015-12-31$119,460
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$80
2014 : MTS 401(K) PLAN 2014 401k financial data
Total income from all sources2014-12-31$580
Expenses. Total of all expenses incurred2014-12-31$80
Total plan assets at end of year2014-12-31$232,129
Total plan assets at beginning of year2014-12-31$231,629
Value of fidelity bond covering the plan2014-12-31$250,000
Total contributions received or receivable from participants2014-12-31$657
Other income received2014-12-31$-77
Net income (gross income less expenses)2014-12-31$500
Net plan assets at end of year (total assets less liabilities)2014-12-31$232,129
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$231,629
Assets. Value of employer securities2014-12-31$106,580
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$80
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : MTS 401(K) PLAN 2013 401k financial data
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$231,629
Expenses. Total of all expenses incurred2013-12-31$0
Total plan assets at end of year2013-12-31$231,629
Total plan assets at beginning of year2013-12-31$0
Value of fidelity bond covering the plan2013-12-31$250,000
Total contributions received or receivable from participants2013-12-31$213
Contributions received from other sources (not participants or employers)2013-12-31$220,124
Other income received2013-12-31$11,292
Net income (gross income less expenses)2013-12-31$231,629
Net plan assets at end of year (total assets less liabilities)2013-12-31$231,629
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$0
Assets. Value of employer securities2013-12-31$106,580
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0

Form 5500 Responses for MTS 401(K) PLAN

2021: MTS 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: MTS 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: MTS 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: MTS 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MTS 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: MTS 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: MTS 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: MTS 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: MTS 401(K) PLAN 2013 form 5500 responses
2013-05-30Type of plan entitySingle employer plan
2013-05-30First time form 5500 has been submittedYes
2013-05-30Submission has been amendedNo
2013-05-30This submission is the final filingNo
2013-05-30This return/report is a short plan year return/report (less than 12 months)Yes
2013-05-30Plan is a collectively bargained planNo
2013-05-30Plan funding arrangement – TrustYes
2013-05-30Plan benefit arrangement - TrustYes

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