401k Plan data: MARINE MECHANICAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN plan

MARINE MECHANICAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	MARINE MECHANICAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	001

MARINE MECHANICAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	Stock bonus Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.

401k Sponsoring company profile

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

Company Name: MARINE MECHANICAL CORPORATION

Employer identification number (EIN): 341761908

NAIC Classification: 333900

Additional information about MARINE MECHANICAL CORPORATION

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 2375688

More information about MARINE MECHANICAL CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MARINE MECHANICAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2010-01-01 ROCHELLE L WALD

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2010-01-01	ROCHELLE L WALD

Plan Statistics for MARINE MECHANICAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for MARINE MECHANICAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2010: MARINE MECHANICAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 192
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 131
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 59
Total of all active and inactive participants 2010-01-01 190
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 2
Total participants 2010-01-01 192
Number of participants with account balances 2010-01-01 192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0

Measure	Date	Value
2010: MARINE MECHANICAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	192
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	131
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	59
Total of all active and inactive participants	2010-01-01	190
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	2
Total participants	2010-01-01	192
Number of participants with account balances	2010-01-01	192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0

Financial Data on MARINE MECHANICAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2010 : MARINE MECHANICAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$280,897
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$35,327
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$0
Value of total assets at end of year	2010-12-31	$2,520,165
Value of total assets at beginning of year	2010-12-31	$2,274,595
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$35,327
Total interest from all sources	2010-12-31	$280,897
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2010-12-31	$0
Administrative expenses professional fees incurred	2010-12-31	$35,327
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$2,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$245,570
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$2,520,165
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$2,274,595
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Interest earned on other investments	2010-12-31	$277,731
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$2,520,165
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$2,274,595
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$2,274,595
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$3,166
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Did the plan have assets held for investment	2010-12-31	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	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	No
Opinion of an independent qualified public accountant for this plan	2010-12-31	Unqualified
Accountancy firm name	2010-12-31	MEADEN & MOORE, LTD
Accountancy firm EIN	2010-12-31	341818258

Form 5500 Responses for MARINE MECHANICAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

2010: MARINE MECHANICAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	MARINE MECHANICAL CORPORATION
Employer identification number (EIN):	341761908
NAIC Classification:	333900

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	2375688