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MID ATLANTIC EQUIPMENT CO, LLC 401(K) PLAN 401k Plan overview

Plan NameMID ATLANTIC EQUIPMENT CO, LLC 401(K) PLAN
Plan identification number 001

MID ATLANTIC EQUIPMENT CO, LLC 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.
  • 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

401k Sponsoring company profile

MID ATLANTIC EQUIPMENT CO., LLC has sponsored the creation of one or more 401k plans.

Company Name:MID ATLANTIC EQUIPMENT CO., LLC
Employer identification number (EIN):475384644
NAIC Classification:532400
NAIC Description: Commercial and Industrial Machinery and Equipment Rental and Leasing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MID ATLANTIC EQUIPMENT CO, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-01-01WILLIAM BURFORD

Plan Statistics for MID ATLANTIC EQUIPMENT CO, LLC 401(K) PLAN

401k plan membership statisitcs for MID ATLANTIC EQUIPMENT CO, LLC 401(K) PLAN

Measure Date Value
2018: MID ATLANTIC EQUIPMENT CO, LLC 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0134
Total number of active participants reported on line 7a of the Form 55002018-01-0117
Number of retired or separated participants receiving benefits2018-01-014
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-0121
Total participants2018-01-0121
Number of participants with account balances2018-01-0121

Financial Data on MID ATLANTIC EQUIPMENT CO, LLC 401(K) PLAN

Measure Date Value
2018 : MID ATLANTIC EQUIPMENT CO, LLC 401(K) PLAN 2018 401k financial data
Total income from all sources2018-12-31$158,344
Expenses. Total of all expenses incurred2018-12-31$1,317
Total plan assets at end of year2018-12-31$157,027
Total contributions received or receivable from participants2018-12-31$67,522
Contributions received from other sources (not participants or employers)2018-12-31$53,725
Other income received2018-12-31$-7,451
Net income (gross income less expenses)2018-12-31$157,027
Net plan assets at end of year (total assets less liabilities)2018-12-31$157,027
Total contributions received or receivable from employer(s)2018-12-31$44,548
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$1,317

Form 5500 Responses for MID ATLANTIC EQUIPMENT CO, LLC 401(K) PLAN

2018: MID ATLANTIC EQUIPMENT CO, LLC 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01First time form 5500 has been submittedYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes

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