MEKANISM, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MEKANISM PROFIT SHARING 401K PLAN
Measure | Date | Value |
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2022 : MEKANISM PROFIT SHARING 401K PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $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 | $398,848 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $1,316,011 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,270,582 |
Value of total corrective distributions | 2022-12-31 | $2,099 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,313,950 |
Value of total assets at end of year | 2022-12-31 | $10,651,932 |
Value of total assets at beginning of year | 2022-12-31 | $11,569,095 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $43,330 |
Total interest from all sources | 2022-12-31 | $24,309 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $1,442,815 |
Participant contributions at end of year | 2022-12-31 | $119,897 |
Participant contributions at beginning of year | 2022-12-31 | $4,574 |
Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $47,865 |
Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $61,704 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $313,594 |
Other income not declared elsewhere | 2022-12-31 | $688 |
Total non interest bearing cash at end of year | 2022-12-31 | $2 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $1 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-917,163 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $10,651,932 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $11,569,095 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $9,328,154 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $10,433,612 |
Interest on participant loans | 2022-12-31 | $1,955 |
Interest earned on other investments | 2022-12-31 | $22,354 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $1,156,014 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $1,069,204 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,940,099 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $557,541 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,270,582 |
Contract administrator fees | 2022-12-31 | $43,330 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | LEE CPA AUDIT GROUP |
Accountancy firm EIN | 2022-12-31 | 814637885 |
2021 : MEKANISM PROFIT SHARING 401K PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $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 | $3,110,597 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $1,178,363 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,135,699 |
Value of total corrective distributions | 2021-12-31 | $3,766 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,510,595 |
Value of total assets at end of year | 2021-12-31 | $11,569,095 |
Value of total assets at beginning of year | 2021-12-31 | $9,636,861 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $38,898 |
Total interest from all sources | 2021-12-31 | $22,669 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $1,290,162 |
Participant contributions at end of year | 2021-12-31 | $4,574 |
Participant contributions at beginning of year | 2021-12-31 | $53,980 |
Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $61,704 |
Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $65,337 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $220,433 |
Other income not declared elsewhere | 2021-12-31 | $-951 |
Total non interest bearing cash at end of year | 2021-12-31 | $1 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $1 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $1,932,234 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $11,569,095 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $9,636,861 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $10,433,612 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $8,561,876 |
Interest on participant loans | 2021-12-31 | $1,833 |
Interest earned on other investments | 2021-12-31 | $20,836 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $1,069,204 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $955,667 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,578,284 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,135,699 |
Contract administrator fees | 2021-12-31 | $38,898 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | LEE CPA AUDIT GROUP |
Accountancy firm EIN | 2021-12-31 | 814763788 |
2020 : MEKANISM PROFIT SHARING 401K PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $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 | $3,211,383 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $955,021 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $925,594 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,824,979 |
Value of total assets at end of year | 2020-12-31 | $9,636,861 |
Value of total assets at beginning of year | 2020-12-31 | $7,380,499 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $29,427 |
Total interest from all sources | 2020-12-31 | $21,173 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $1,299,647 |
Participant contributions at end of year | 2020-12-31 | $53,980 |
Participant contributions at beginning of year | 2020-12-31 | $35,971 |
Assets. Other investments not covered elsewhere at end of year | 2020-12-31 | $65,337 |
Assets. Other investments not covered elsewhere at beginning of year | 2020-12-31 | $34,322 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $141,445 |
Other income not declared elsewhere | 2020-12-31 | $8,454 |
Total non interest bearing cash at end of year | 2020-12-31 | $1 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $2,256,362 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $9,636,861 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $7,380,499 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $8,561,876 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $6,565,481 |
Interest on participant loans | 2020-12-31 | $2,271 |
Interest earned on other investments | 2020-12-31 | $18,902 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $955,667 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $744,725 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,356,777 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $383,887 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $925,594 |
Contract administrator fees | 2020-12-31 | $29,427 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | LEE CPA AUDIT GROUP |
Accountancy firm EIN | 2020-12-31 | 814637885 |
2019 : MEKANISM PROFIT SHARING 401K PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $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 | $3,247,552 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $199,521 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $183,821 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $2,266,451 |
Value of total assets at end of year | 2019-12-31 | $7,380,499 |
Value of total assets at beginning of year | 2019-12-31 | $4,332,468 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $15,700 |
Total interest from all sources | 2019-12-31 | $16,993 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $1,089,164 |
Participant contributions at end of year | 2019-12-31 | $35,971 |
Participant contributions at beginning of year | 2019-12-31 | $36,931 |
Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $34,322 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $250,251 |
Other income not declared elsewhere | 2019-12-31 | $639 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $3,048,031 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $7,380,499 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $4,332,468 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $6,565,481 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $4,291,712 |
Interest on participant loans | 2019-12-31 | $2,227 |
Interest earned on other investments | 2019-12-31 | $14,766 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $744,725 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $3,825 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $963,469 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $927,036 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $183,821 |
Contract administrator fees | 2019-12-31 | $15,700 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | LEE CPA AUDIT GROUP |
Accountancy firm EIN | 2019-12-31 | 814637885 |