401k Plan data: BMI MACHINE, INC 401(K) PLAN plan

BMI MACHINE, INC 401(K) PLAN 401k Plan overview

Plan Name	BMI MACHINE, INC 401(K) PLAN
Plan identification number	001

BMI MACHINE, INC 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
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.
Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

BMI MACHINE INC. has sponsored the creation of one or more 401k plans.

Company Name: BMI MACHINE INC.

Employer identification number (EIN): 020701076

NAIC Classification: 423400

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BMI MACHINE, INC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2017-01-01 IAN DAVIDSON IAN DAVIDSON 2018-08-22
001 2016-01-01 IAN DAVIDSON IAN DAVIDSON 2017-09-21
001 2015-01-01 IAN DAVIDSON IAN DAVIDSON 2016-06-28
001 2014-01-01 IAN DAVIDSON IAN DAVIDSON 2015-08-28
001 2013-01-01 IAN DAVIDSON IAN DAVIDSON 2014-10-07
001 2012-01-01 IAN DAVIDSON IAN DAVIDSON 2013-10-08
001 2011-01-01 IAN DAVIDSON IAN DAVIDSON 2012-09-06
001 2010-01-01 IAN DAVIDSON IAN DAVIDSON 2011-10-07
001 2009-01-01 IAN DAVIDSON IAN DAVIDSON 2010-10-11

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2017-01-01	IAN DAVIDSON	IAN DAVIDSON	2018-08-22
001	2016-01-01	IAN DAVIDSON	IAN DAVIDSON	2017-09-21
001	2015-01-01	IAN DAVIDSON	IAN DAVIDSON	2016-06-28
001	2014-01-01	IAN DAVIDSON	IAN DAVIDSON	2015-08-28
001	2013-01-01	IAN DAVIDSON	IAN DAVIDSON	2014-10-07
001	2012-01-01	IAN DAVIDSON	IAN DAVIDSON	2013-10-08
001	2011-01-01	IAN DAVIDSON	IAN DAVIDSON	2012-09-06
001	2010-01-01	IAN DAVIDSON	IAN DAVIDSON	2011-10-07
001	2009-01-01	IAN DAVIDSON	IAN DAVIDSON	2010-10-11

Plan Statistics for BMI MACHINE, INC 401(K) PLAN

401k plan membership statisitcs for BMI MACHINE, INC 401(K) PLAN

Measure Date Value
2017: BMI MACHINE, INC 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 3
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 0
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 0
Total of all active and inactive participants 2017-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 0
Number of participants with account balances 2017-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: BMI MACHINE, INC 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 3
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 3
Number of retired or separated participants receiving benefits 2016-01-01 0
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 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 3
Number of participants with account balances 2016-01-01 3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: BMI MACHINE, INC 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 3
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 3
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 0
Total of all active and inactive participants 2015-01-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 3
Number of participants with account balances 2015-01-01 3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: BMI MACHINE, INC 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 3
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 3
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 0
Total of all active and inactive participants 2014-01-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 3
Number of participants with account balances 2014-01-01 3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: BMI MACHINE, INC 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 3
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 3
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 0
Total of all active and inactive participants 2013-01-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 3
Number of participants with account balances 2013-01-01 3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: BMI MACHINE, INC 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 3
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 3
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 3
Number of participants with account balances 2012-01-01 3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: BMI MACHINE, INC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 3
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 3
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 0
Total of all active and inactive participants 2011-01-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 3
Number of participants with account balances 2011-01-01 3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2010: BMI MACHINE, INC 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 3
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 3
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 0
Total of all active and inactive participants 2010-01-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 3
Number of participants with account balances 2010-01-01 3
2009: BMI MACHINE, INC 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 3
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 3
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 0
Total of all active and inactive participants 2009-01-01 3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 3
Number of participants with account balances 2009-01-01 3

Measure	Date	Value
2017: BMI MACHINE, INC 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	3
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	0
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	0
Total of all active and inactive participants	2017-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	0
Number of participants with account balances	2017-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: BMI MACHINE, INC 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	3
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	3
Number of retired or separated participants receiving benefits	2016-01-01	0
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	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	3
Number of participants with account balances	2016-01-01	3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: BMI MACHINE, INC 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	3
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	3
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	0
Total of all active and inactive participants	2015-01-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	3
Number of participants with account balances	2015-01-01	3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: BMI MACHINE, INC 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	3
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	3
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	0
Total of all active and inactive participants	2014-01-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	3
Number of participants with account balances	2014-01-01	3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: BMI MACHINE, INC 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	3
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	3
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	0
Total of all active and inactive participants	2013-01-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	3
Number of participants with account balances	2013-01-01	3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: BMI MACHINE, INC 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	3
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	3
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	3
Number of participants with account balances	2012-01-01	3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: BMI MACHINE, INC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	3
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	3
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	0
Total of all active and inactive participants	2011-01-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	3
Number of participants with account balances	2011-01-01	3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2010: BMI MACHINE, INC 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	3
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	3
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	0
Total of all active and inactive participants	2010-01-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	3
Number of participants with account balances	2010-01-01	3
2009: BMI MACHINE, INC 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	3
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	3
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	0
Total of all active and inactive participants	2009-01-01	3
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	3
Number of participants with account balances	2009-01-01	3

Financial Data on BMI MACHINE, INC 401(K) PLAN

Measure	Date	Value
2017 : BMI MACHINE, INC 401(K) PLAN 2017 401k financial data
Total income from all sources	2017-12-31	$129,344
Expenses. Total of all expenses incurred	2017-12-31	$764,789
Benefits paid (including direct rollovers)	2017-12-31	$764,789
Total plan assets at end of year	2017-12-31	$0
Total plan assets at beginning of year	2017-12-31	$635,445
Value of fidelity bond covering the plan	2017-12-31	$100,000
Total contributions received or receivable from participants	2017-12-31	$18,345
Other income received	2017-12-31	$110,999
Net income (gross income less expenses)	2017-12-31	$-635,445
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$0
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$635,445
2016 : BMI MACHINE, INC 401(K) PLAN 2016 401k financial data
Total income from all sources	2016-12-31	$62,349
Expenses. Total of all expenses incurred	2016-12-31	$250
Total plan assets at end of year	2016-12-31	$635,445
Total plan assets at beginning of year	2016-12-31	$573,346
Value of fidelity bond covering the plan	2016-12-31	$100,000
Total contributions received or receivable from participants	2016-12-31	$22,500
Other income received	2016-12-31	$39,849
Net income (gross income less expenses)	2016-12-31	$62,099
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$635,445
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$573,346
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$250
2015 : BMI MACHINE, INC 401(K) PLAN 2015 401k financial data
Total income from all sources	2015-12-31	$15,897
Expenses. Total of all expenses incurred	2015-12-31	$250
Total plan assets at end of year	2015-12-31	$573,346
Total plan assets at beginning of year	2015-12-31	$557,699
Value of fidelity bond covering the plan	2015-12-31	$100,000
Total contributions received or receivable from participants	2015-12-31	$22,500
Other income received	2015-12-31	$-6,603
Net income (gross income less expenses)	2015-12-31	$15,647
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$573,346
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$557,699
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$250
2014 : BMI MACHINE, INC 401(K) PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$46,379
Expenses. Total of all expenses incurred	2014-12-31	$400
Total plan assets at end of year	2014-12-31	$557,699
Total plan assets at beginning of year	2014-12-31	$511,720
Value of fidelity bond covering the plan	2014-12-31	$100,000
Total contributions received or receivable from participants	2014-12-31	$22,500
Other income received	2014-12-31	$23,879
Net income (gross income less expenses)	2014-12-31	$45,979
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$557,699
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$511,720
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$400
2013 : BMI MACHINE, INC 401(K) PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$102,368
Expenses. Total of all expenses incurred	2013-12-31	$300
Total plan assets at end of year	2013-12-31	$511,720
Total plan assets at beginning of year	2013-12-31	$409,652
Total contributions received or receivable from participants	2013-12-31	$22,500
Other income received	2013-12-31	$79,868
Net income (gross income less expenses)	2013-12-31	$102,068
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$511,720
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$409,652
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$300
2012 : BMI MACHINE, INC 401(K) PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$71,538
Expenses. Total of all expenses incurred	2012-12-31	$450
Total plan assets at end of year	2012-12-31	$409,652
Total plan assets at beginning of year	2012-12-31	$338,564
Total contributions received or receivable from participants	2012-12-31	$22,500
Other income received	2012-12-31	$49,038
Net income (gross income less expenses)	2012-12-31	$71,088
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$409,652
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$338,564
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$450
2011 : BMI MACHINE, INC 401(K) PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$10,864
Expenses. Total of all expenses incurred	2011-12-31	$450
Total plan assets at end of year	2011-12-31	$338,564
Total plan assets at beginning of year	2011-12-31	$328,150
Total contributions received or receivable from participants	2011-12-31	$22,500
Expenses. Other expenses not covered elsewhere	2011-12-31	$450
Other income received	2011-12-31	$-11,636
Net income (gross income less expenses)	2011-12-31	$10,414
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$338,564
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$328,150
2010 : BMI MACHINE, INC 401(K) PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$50,242
Expenses. Total of all expenses incurred	2010-12-31	$450
Total plan assets at end of year	2010-12-31	$328,150
Total plan assets at beginning of year	2010-12-31	$278,358
Total contributions received or receivable from participants	2010-12-31	$21,675
Expenses. Other expenses not covered elsewhere	2010-12-31	$450
Other income received	2010-12-31	$28,567
Net income (gross income less expenses)	2010-12-31	$49,792
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$328,150
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$278,358

Form 5500 Responses for BMI MACHINE, INC 401(K) PLAN

2017: BMI MACHINE, INC 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	This submission is the final filing	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: BMI MACHINE, INC 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: BMI MACHINE, INC 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: BMI MACHINE, INC 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: BMI MACHINE, INC 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: BMI MACHINE, INC 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: BMI MACHINE, INC 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: BMI MACHINE, INC 401(K) PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: BMI MACHINE, INC 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	BMI MACHINE INC.
Employer identification number (EIN):	020701076
NAIC Classification:	423400