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M & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameM & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 001

M & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan covering Self-Employed individuals.
  • 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 & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST has sponsored the creation of one or more 401k plans.

Company Name:M & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST
Employer identification number (EIN):593313478
NAIC Classification:454310
NAIC Description:Fuel Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan M & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01SUMMIT SHAH2024-02-15
0012021-01-01SUMMIT SHAH2022-11-22
0012020-01-01SUMMIT SHAH2021-10-15
0012019-01-01MICHAEL HSU2020-07-24
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01LAWRENCE PIKE2015-07-10
0012013-01-01SUMMIT SHAH2016-03-15 SUMMIT SHAH2016-03-15
0012012-01-01M R ENTERPRISES OF BREVARD I2013-07-30
0012011-01-01M R ENTERPRISES OF BREVARD I2012-07-30
0012010-01-01M R ENTERPRISES OF BREVARD, IN2011-07-14

Plan Statistics for M & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for M & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2022: M & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST 2022 401k membership
Total participants, beginning-of-year2022-01-01126
Total number of active participants reported on line 7a of the Form 55002022-01-01141
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-019
Total of all active and inactive participants2022-01-01150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01150
Number of participants with account balances2022-01-0151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-019
2021: M & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST 2021 401k membership
Total participants, beginning-of-year2021-01-01147
Total number of active participants reported on line 7a of the Form 55002021-01-01118
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-016
Total of all active and inactive participants2021-01-01124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01124
Number of participants with account balances2021-01-0153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-016
2020: M & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST 2020 401k membership
Total participants, beginning-of-year2020-01-01146
Total number of active participants reported on line 7a of the Form 55002020-01-01160
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-014
Total of all active and inactive participants2020-01-01164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01164
Number of participants with account balances2020-01-0153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-017

Financial Data on M & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2022 : M & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$2,350
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$148,143
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$57,307
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$50,179
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$344,663
Value of total assets at end of year2022-12-31$1,262,657
Value of total assets at beginning of year2022-12-31$1,169,471
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$7,128
Total interest from all sources2022-12-31$852
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$38,025
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$38,025
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$116,948
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$200,839
Participant contributions at end of year2022-12-31$9,774
Participant contributions at beginning of year2022-12-31$7,645
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$83,740
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$2,350
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$0
Other income not declared elsewhere2022-12-31$2,000
Total non interest bearing cash at end of year2022-12-31$7,722
Total non interest bearing cash at beginning of year2022-12-31$1,888
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$90,836
Value of net assets at end of year (total assets less liabilities)2022-12-31$1,260,307
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$1,169,471
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$1,228,839
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$1,144,865
Interest on participant loans2022-12-31$753
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$16,322
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$15,073
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$15,073
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$99
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-237,397
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$60,084
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$50,179
Contract administrator fees2022-12-31$7,128
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31JAMES MOORE & CO., CPAS
Accountancy firm EIN2022-12-31593204548
2021 : M & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$382,160
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$93,004
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$85,620
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$263,063
Value of total assets at end of year2021-12-31$1,169,471
Value of total assets at beginning of year2021-12-31$880,315
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$7,384
Total interest from all sources2021-12-31$637
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$120,244
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$120,244
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$88,032
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$199,871
Participant contributions at end of year2021-12-31$7,645
Participant contributions at beginning of year2021-12-31$7,318
Total non interest bearing cash at end of year2021-12-31$1,888
Total non interest bearing cash at beginning of year2021-12-31$839
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$289,156
Value of net assets at end of year (total assets less liabilities)2021-12-31$1,169,471
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$880,315
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$1,144,865
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$856,944
Interest on participant loans2021-12-31$630
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$15,073
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$15,214
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$15,214
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$7
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$-1,784
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$63,192
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$85,620
Contract administrator fees2021-12-31$7,384
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31JAMES MOORE & CO., CPAS
Accountancy firm EIN2021-12-31593204548
2020 : M & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$382,918
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$51,373
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$46,289
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$278,755
Value of total assets at end of year2020-12-31$880,315
Value of total assets at beginning of year2020-12-31$548,770
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$5,084
Total interest from all sources2020-12-31$741
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$22,651
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$22,651
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$54,877
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$213,310
Participant contributions at end of year2020-12-31$7,318
Participant contributions at beginning of year2020-12-31$10,105
Total non interest bearing cash at end of year2020-12-31$839
Total non interest bearing cash at beginning of year2020-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$331,545
Value of net assets at end of year (total assets less liabilities)2020-12-31$880,315
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$548,770
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$856,944
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$528,568
Interest on participant loans2020-12-31$737
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$15,214
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$10,097
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$10,097
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$4
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$80,771
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$65,445
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$46,289
Contract administrator fees2020-12-31$5,084
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31JAMES MOORE & CO., CPAS
Accountancy firm EIN2020-12-31593204548

Form 5500 Responses for M & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST

2022: M & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: M & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST 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: M & R ENTERPRISES OF BREVARD INC 401(K) PROFIT SHARING PLAN & TRUST 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

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