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GLOBAL MINK CORP PROFIT SHARING PLAN 401k Plan overview

Plan NameGLOBAL MINK CORP PROFIT SHARING PLAN
Plan identification number 001

GLOBAL MINK CORP PROFIT SHARING PLAN Benefits

401k Plan TypeDefined 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.

401k Sponsoring company profile

GLOBAL MINK CORP has sponsored the creation of one or more 401k plans.

Company Name:GLOBAL MINK CORP
Employer identification number (EIN):133561442
NAIC Classification:423990
NAIC Description:Other Miscellaneous Durable Goods Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GLOBAL MINK CORP PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012013-01-01LOUIS GREENBERG
0012012-01-01LOUIS GREENBERG
0012011-01-01LOUIS GREENBERG
0012010-01-01LOUIS GREENBERG

Plan Statistics for GLOBAL MINK CORP PROFIT SHARING PLAN

401k plan membership statisitcs for GLOBAL MINK CORP PROFIT SHARING PLAN

Measure Date Value
2013: GLOBAL MINK CORP PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-011
Total number of active participants reported on line 7a of the Form 55002013-01-010
Total of all active and inactive participants2013-01-010
Total participants2013-01-010
Number of participants with account balances2013-01-010
2012: GLOBAL MINK CORP PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-012
Total number of active participants reported on line 7a of the Form 55002012-01-012
Total of all active and inactive participants2012-01-012
Total participants2012-01-012
Number of participants with account balances2012-01-012
2011: GLOBAL MINK CORP PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-012
Total number of active participants reported on line 7a of the Form 55002011-01-012
Total of all active and inactive participants2011-01-012
Total participants2011-01-012
Number of participants with account balances2011-01-012
2010: GLOBAL MINK CORP PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-012
Total number of active participants reported on line 7a of the Form 55002010-01-012
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-010
Total of all active and inactive participants2010-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-012
Number of participants with account balances2010-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010

Financial Data on GLOBAL MINK CORP PROFIT SHARING PLAN

Measure Date Value
2013 : GLOBAL MINK CORP PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$942,774
Expenses. Total of all expenses incurred2013-12-31$5,757,239
Benefits paid (including direct rollovers)2013-12-31$5,752,703
Total plan assets at end of year2013-12-31$0
Total plan assets at beginning of year2013-12-31$4,814,465
Other income received2013-12-31$942,774
Net income (gross income less expenses)2013-12-31$-4,814,465
Net plan assets at end of year (total assets less liabilities)2013-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$4,814,465
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$4,536
2012 : GLOBAL MINK CORP PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$440,320
Expenses. Total of all expenses incurred2012-12-31$554,090
Benefits paid (including direct rollovers)2012-12-31$554,000
Total plan assets at end of year2012-12-31$4,814,465
Total plan assets at beginning of year2012-12-31$4,928,235
Value of fidelity bond covering the plan2012-12-31$550,000
Other income received2012-12-31$440,320
Net income (gross income less expenses)2012-12-31$-113,770
Net plan assets at end of year (total assets less liabilities)2012-12-31$4,814,465
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$4,928,235
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$90
2011 : GLOBAL MINK CORP PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$-197,671
Expenses. Total of all expenses incurred2011-12-31$217,306
Benefits paid (including direct rollovers)2011-12-31$217,258
Total plan assets at end of year2011-12-31$4,928,235
Total plan assets at beginning of year2011-12-31$5,343,212
Value of fidelity bond covering the plan2011-12-31$550,000
Other income received2011-12-31$-202,671
Net income (gross income less expenses)2011-12-31$-414,977
Net plan assets at end of year (total assets less liabilities)2011-12-31$4,928,235
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$5,343,212
Total contributions received or receivable from employer(s)2011-12-31$5,000
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$48
2010 : GLOBAL MINK CORP PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$302,846
Expenses. Total of all expenses incurred2010-12-31$217,940
Benefits paid (including direct rollovers)2010-12-31$217,846
Total plan assets at end of year2010-12-31$5,343,212
Total plan assets at beginning of year2010-12-31$5,258,306
Value of fidelity bond covering the plan2010-12-31$550,000
Other income received2010-12-31$292,846
Net income (gross income less expenses)2010-12-31$84,906
Net plan assets at end of year (total assets less liabilities)2010-12-31$5,343,212
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$5,258,306
Total contributions received or receivable from employer(s)2010-12-31$10,000
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$94

Form 5500 Responses for GLOBAL MINK CORP PROFIT SHARING PLAN

2013: GLOBAL MINK CORP PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01This submission is the final filingYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: GLOBAL MINK CORP PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: GLOBAL MINK CORP PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: GLOBAL MINK CORP PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes

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