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MAI, INC. 401(K) PLAN 401k Plan overview

Plan NameMAI, INC. 401(K) PLAN
Plan identification number 001

MAI, INC. 401(K) 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.
  • 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.

401k Sponsoring company profile

MOORE & ASSOCIATES, INC. has sponsored the creation of one or more 401k plans.

Company Name:MOORE & ASSOCIATES, INC.
Employer identification number (EIN):351814959
NAIC Classification:541330
NAIC Description:Engineering Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MAI, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01CODY BOOK2017-06-08
0012015-01-01GARTH ASH2016-06-17 GARTH ASH2016-06-17
0012014-01-01GARTH ASH2015-06-11 GARTH ASH2015-06-11
0012014-01-01GARTH ASH2015-06-11 GARTH ASH2015-06-11
0012013-01-01GARTH ASH2014-06-04 GARTH ASH2014-06-04
0012012-01-01MARCIA MCCUTCHAN2013-05-16 MARCIA MCCUTCHAN2013-05-16
0012011-01-01GARTH D. ASH
0012010-01-01GARTH ASH
0012009-01-01GARTH ASH
0012007-01-01

Plan Statistics for MAI, INC. 401(K) PLAN

401k plan membership statisitcs for MAI, INC. 401(K) PLAN

Measure Date Value
2011: MAI, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0116
Total number of active participants reported on line 7a of the Form 55002011-01-019
Number of other retired or separated participants entitled to future benefits2011-01-011
Total of all active and inactive participants2011-01-0110
Total participants2011-01-0110
Number of participants with account balances2011-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: MAI, INC. 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0118
Total number of active participants reported on line 7a of the Form 55002010-01-0112
Number of other retired or separated participants entitled to future benefits2010-01-014
Total of all active and inactive participants2010-01-0116
Total participants2010-01-0116
Number of participants with account balances2010-01-0113
2009: MAI, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0116
Total number of active participants reported on line 7a of the Form 55002009-01-0114
Number of other retired or separated participants entitled to future benefits2009-01-013
Total of all active and inactive participants2009-01-0117
Total participants2009-01-0117
Number of participants with account balances2009-01-0114

Financial Data on MAI, INC. 401(K) PLAN

Measure Date Value
2011 : MAI, INC. 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$3,132
Expenses. Total of all expenses incurred2011-12-31$180,618
Benefits paid (including direct rollovers)2011-12-31$175,604
Total plan assets at end of year2011-12-31$330,571
Total plan assets at beginning of year2011-12-31$508,057
Value of fidelity bond covering the plan2011-12-31$100,000
Total contributions received or receivable from participants2011-12-31$33,747
Other income received2011-12-31$-30,615
Net income (gross income less expenses)2011-12-31$-177,486
Net plan assets at end of year (total assets less liabilities)2011-12-31$330,571
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$508,057
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022011-12-31$1,633
Value of corrective distributions2011-12-31$5,014
2010 : MAI, INC. 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$100,560
Expenses. Total of all expenses incurred2010-12-31$246,801
Benefits paid (including direct rollovers)2010-12-31$246,801
Total plan assets at end of year2010-12-31$508,057
Total plan assets at beginning of year2010-12-31$654,298
Value of fidelity bond covering the plan2010-12-31$100,000
Total contributions received or receivable from participants2010-12-31$44,555
Other income received2010-12-31$56,005
Net income (gross income less expenses)2010-12-31$-146,241
Net plan assets at end of year (total assets less liabilities)2010-12-31$508,057
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$654,298

Form 5500 Responses for MAI, INC. 401(K) PLAN

2011: MAI, INC. 401(K) 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: MAI, INC. 401(K) 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
2009: MAI, INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes
2007: MAI, INC. 401(K) PLAN 2007 form 5500 responses
2007-01-01Type of plan entitySingle employer plan
2007-01-01Submission has been amendedNo
2007-01-01This submission is the final filingNo
2007-01-01This return/report is a short plan year return/report (less than 12 months)No
2007-01-01Plan is a collectively bargained planNo

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number88155
Policy instance 1
Insurance contract or identification number88155
Number of Individuals Covered8
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $1,816
Total amount of fees paid to insurance companyUSD $939
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number88155
Policy instance 1
Insurance contract or identification number88155
Number of Individuals Covered13
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $2,310
Total amount of fees paid to insurance companyUSD $951
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,310
Insurance broker organization code?3
Amount paid for insurance broker fees951
Insurance broker nameKEMPER CPA GROUP, LLP

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