Logo

MASTORAN CORPORATION 401(K) SAVINGS PLAN 401k Plan overview

Plan NameMASTORAN CORPORATION 401(K) SAVINGS PLAN
Plan identification number 001

MASTORAN CORPORATION 401(K) SAVINGS 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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

MASTORAN CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:MASTORAN CORPORATION
Employer identification number (EIN):042965675
NAIC Classification:722513
NAIC Description:Limited-Service Restaurants

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MASTORAN CORPORATION 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01BREK KOHLER2024-08-15
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01

Plan Statistics for MASTORAN CORPORATION 401(K) SAVINGS PLAN

401k plan membership statisitcs for MASTORAN CORPORATION 401(K) SAVINGS PLAN

Measure Date Value
2022: MASTORAN CORPORATION 401(K) SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01386
Total number of active participants reported on line 7a of the Form 55002022-01-01298
Number of retired or separated participants receiving benefits2022-01-011
Number of other retired or separated participants entitled to future benefits2022-01-0113
Total of all active and inactive participants2022-01-01312
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01312
Number of participants with account balances2022-01-0192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: MASTORAN CORPORATION 401(K) SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01381
Total number of active participants reported on line 7a of the Form 55002021-01-01319
Number of retired or separated participants receiving benefits2021-01-011
Number of other retired or separated participants entitled to future benefits2021-01-0117
Total of all active and inactive participants2021-01-01337
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01337
Number of participants with account balances2021-01-0192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: MASTORAN CORPORATION 401(K) SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01417
Total number of active participants reported on line 7a of the Form 55002020-01-01340
Number of retired or separated participants receiving benefits2020-01-011
Number of other retired or separated participants entitled to future benefits2020-01-019
Total of all active and inactive participants2020-01-01350
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01350
Number of participants with account balances2020-01-0168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: MASTORAN CORPORATION 401(K) SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01380
Total number of active participants reported on line 7a of the Form 55002019-01-01412
Number of retired or separated participants receiving benefits2019-01-011
Number of other retired or separated participants entitled to future benefits2019-01-018
Total of all active and inactive participants2019-01-01421
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01421
Number of participants with account balances2019-01-0157
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010

Financial Data on MASTORAN CORPORATION 401(K) SAVINGS PLAN

Measure Date Value
2022 : MASTORAN CORPORATION 401(K) SAVINGS PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$0
Total transfer of assets from this plan2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-592,083
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$127,912
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$118,576
Expenses. Certain deemed distributions of participant loans2022-12-31$258
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$532,921
Value of total assets at end of year2022-12-31$6,237,525
Value of total assets at beginning of year2022-12-31$6,957,520
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$9,078
Total interest from all sources2022-12-31$7,622
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$245,053
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$245,053
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
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$364,720
Participant contributions at end of year2022-12-31$149,943
Participant contributions at beginning of year2022-12-31$127,964
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$4,445
Administrative expenses (other) incurred2022-12-31$9,078
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-719,995
Value of net assets at end of year (total assets less liabilities)2022-12-31$6,237,525
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$6,957,520
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$5,492,711
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$6,144,981
Interest on participant loans2022-12-31$7,622
Value of interest in common/collective trusts at end of year2022-12-31$594,871
Value of interest in common/collective trusts at beginning of year2022-12-31$684,575
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-1,249,789
Net investment gain or loss from common/collective trusts2022-12-31$-127,890
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 contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$163,756
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$118,576
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 name2022-12-31CARAS & SHULMAN PC
Accountancy firm EIN2022-12-31042629080
2021 : MASTORAN CORPORATION 401(K) SAVINGS PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets to this plan2021-12-31$0
Total transfer of assets from this plan2021-12-31$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$1,304,937
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$62,841
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$55,489
Expenses. Certain deemed distributions of participant loans2021-12-31$179
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$465,189
Value of total assets at end of year2021-12-31$6,957,520
Value of total assets at beginning of year2021-12-31$5,715,424
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$7,173
Total interest from all sources2021-12-31$5,804
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$547,470
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$547,470
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
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$318,527
Participant contributions at end of year2021-12-31$127,964
Participant contributions at beginning of year2021-12-31$76,980
Other income not declared elsewhere2021-12-31$880
Administrative expenses (other) incurred2021-12-31$7,173
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$1,242,096
Value of net assets at end of year (total assets less liabilities)2021-12-31$6,957,520
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$5,715,424
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$6,144,981
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$5,096,844
Interest on participant loans2021-12-31$5,804
Value of interest in common/collective trusts at end of year2021-12-31$684,575
Value of interest in common/collective trusts at beginning of year2021-12-31$541,600
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$130,751
Net investment gain or loss from common/collective trusts2021-12-31$154,843
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 contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$146,662
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$55,489
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 name2021-12-31CARAS & SHULMAN PC
Accountancy firm EIN2021-12-31042629080
2020 : MASTORAN CORPORATION 401(K) SAVINGS PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$0
Total transfer of assets from this plan2020-12-31$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$1,123,141
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$43,246
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$41,023
Expenses. Certain deemed distributions of participant loans2020-12-31$238
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$349,181
Value of total assets at end of year2020-12-31$5,715,424
Value of total assets at beginning of year2020-12-31$4,635,529
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$1,985
Total interest from all sources2020-12-31$4,704
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$270,693
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$270,693
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$464,000
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$240,189
Participant contributions at end of year2020-12-31$76,980
Participant contributions at beginning of year2020-12-31$78,085
Administrative expenses (other) incurred2020-12-31$1,985
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$1,079,895
Value of net assets at end of year (total assets less liabilities)2020-12-31$5,715,424
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$4,635,529
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$5,096,844
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$4,101,904
Interest on participant loans2020-12-31$4,704
Value of interest in common/collective trusts at end of year2020-12-31$541,600
Value of interest in common/collective trusts at beginning of year2020-12-31$455,540
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$416,387
Net investment gain or loss from common/collective trusts2020-12-31$82,176
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 contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$108,992
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$41,023
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 plan2020-12-31Disclaimer
Accountancy firm name2020-12-31CARAS & SHULMAN, PC
Accountancy firm EIN2020-12-31042629080
2019 : MASTORAN CORPORATION 401(K) SAVINGS PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$0
Total transfer of assets from this plan2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$1,141,551
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$302,203
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$299,562
Expenses. Certain deemed distributions of participant loans2019-12-31$856
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$266,565
Value of total assets at end of year2019-12-31$4,635,529
Value of total assets at beginning of year2019-12-31$3,796,181
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$1,785
Total interest from all sources2019-12-31$8,105
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$171,603
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$171,603
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$380,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$176,239
Participant contributions at end of year2019-12-31$78,085
Participant contributions at beginning of year2019-12-31$135,043
Administrative expenses (other) incurred2019-12-31$1,785
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$839,348
Value of net assets at end of year (total assets less liabilities)2019-12-31$4,635,529
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$3,796,181
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$4,101,904
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$3,242,481
Interest on participant loans2019-12-31$8,105
Value of interest in common/collective trusts at end of year2019-12-31$455,540
Value of interest in common/collective trusts at beginning of year2019-12-31$418,657
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$576,033
Net investment gain or loss from common/collective trusts2019-12-31$119,245
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$90,326
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$299,562
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31CARAS & SHULMAN, PC
Accountancy firm EIN2019-12-31042629080

Form 5500 Responses for MASTORAN CORPORATION 401(K) SAVINGS PLAN

2022: MASTORAN CORPORATION 401(K) SAVINGS PLAN 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: MASTORAN CORPORATION 401(K) SAVINGS 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: MASTORAN CORPORATION 401(K) SAVINGS 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: MASTORAN CORPORATION 401(K) SAVINGS 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

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1