401k Plan data: MD TECHNOLOGIES, INC. 401(K) PLAN plan

MD TECHNOLOGIES, INC. 401(K) PLAN 401k Plan overview

Plan Name	MD TECHNOLOGIES, INC. 401(K) PLAN
Plan identification number	001

MD TECHNOLOGIES, INC. 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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

MD TECHNOLOGIES INC. has sponsored the creation of one or more 401k plans.

Company Name: MD TECHNOLOGIES INC.

Employer identification number (EIN): 363894869

NAIC Classification: 339110

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 WILLIAM MERKLE WILLIAM MERKLE 2019-05-17
001 2017-01-01 WILLIAM MERKLE WILLIAM MERKLE 2018-07-02
001 2016-01-01 WILLIAM MERKLE WILLIAM MERKLE 2017-05-19
001 2015-01-01 WILLIAM MERKLE WILLIAM MERKLE 2016-07-14
001 2014-01-01 WILLIAM MERKLE 2015-10-06 WILLIAM MERKLE 2015-10-06
001 2013-01-01 WILLIAM MERKLE 2014-07-09 WILLIAM MERKLE 2014-07-09
001 2012-01-01 WILLIAM MERKLE 2013-05-24 WILLIAM MERKLE 2013-05-24
001 2011-01-01 WILLIAM MERKLE 2012-07-20 WILLIAM MERKLE 2012-07-20
001 2010-01-01 WILLIAM MERKLE 2011-06-14 WILLIAM MERKLE 2011-06-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01	WILLIAM MERKLE		WILLIAM MERKLE	2019-05-17
001	2017-01-01	WILLIAM MERKLE		WILLIAM MERKLE	2018-07-02
001	2016-01-01	WILLIAM MERKLE		WILLIAM MERKLE	2017-05-19
001	2015-01-01	WILLIAM MERKLE		WILLIAM MERKLE	2016-07-14
001	2014-01-01	WILLIAM MERKLE	2015-10-06	WILLIAM MERKLE	2015-10-06
001	2013-01-01	WILLIAM MERKLE	2014-07-09	WILLIAM MERKLE	2014-07-09
001	2012-01-01	WILLIAM MERKLE	2013-05-24	WILLIAM MERKLE	2013-05-24
001	2011-01-01	WILLIAM MERKLE	2012-07-20	WILLIAM MERKLE	2012-07-20
001	2010-01-01	WILLIAM MERKLE	2011-06-14	WILLIAM MERKLE	2011-06-14

Plan Statistics for MD TECHNOLOGIES, INC. 401(K) PLAN

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

Measure Date Value
2022: MD TECHNOLOGIES, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 2
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 2
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 2
Number of participants with account balances 2022-01-01 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: MD TECHNOLOGIES, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 2
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 2
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 0
Total of all active and inactive participants 2021-01-01 2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 2
Number of participants with account balances 2021-01-01 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: MD TECHNOLOGIES, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 2
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 2
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 0
Total of all active and inactive participants 2020-01-01 2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 2
Number of participants with account balances 2020-01-01 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: MD TECHNOLOGIES, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 2
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 2
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 0
Total of all active and inactive participants 2019-01-01 2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 2
Number of participants with account balances 2019-01-01 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: MD TECHNOLOGIES, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 2
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 2
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 2
Number of participants with account balances 2018-01-01 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: MD TECHNOLOGIES, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 2
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 2
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 0
Total of all active and inactive participants 2017-01-01 2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 2
Number of participants with account balances 2017-01-01 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: MD TECHNOLOGIES, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 2
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 2
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 2
Number of participants with account balances 2016-01-01 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: MD TECHNOLOGIES, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 2
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 2
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 0
Total of all active and inactive participants 2015-01-01 2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 2
Number of participants with account balances 2015-01-01 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0

Measure	Date	Value
2022: MD TECHNOLOGIES, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	2
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	2
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	2
Number of participants with account balances	2022-01-01	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: MD TECHNOLOGIES, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	2
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	2
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	0
Total of all active and inactive participants	2021-01-01	2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	2
Number of participants with account balances	2021-01-01	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: MD TECHNOLOGIES, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	2
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	2
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	0
Total of all active and inactive participants	2020-01-01	2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	2
Number of participants with account balances	2020-01-01	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: MD TECHNOLOGIES, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	2
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	2
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	0
Total of all active and inactive participants	2019-01-01	2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	2
Number of participants with account balances	2019-01-01	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: MD TECHNOLOGIES, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	2
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	2
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	2
Number of participants with account balances	2018-01-01	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: MD TECHNOLOGIES, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	2
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	2
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	0
Total of all active and inactive participants	2017-01-01	2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	2
Number of participants with account balances	2017-01-01	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: MD TECHNOLOGIES, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	2
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	2
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	2
Number of participants with account balances	2016-01-01	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: MD TECHNOLOGIES, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	2
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	2
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	0
Total of all active and inactive participants	2015-01-01	2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	2
Number of participants with account balances	2015-01-01	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0

Financial Data on MD TECHNOLOGIES, INC. 401(K) PLAN

Measure	Date	Value
2022 : MD TECHNOLOGIES, INC. 401(K) PLAN 2022 401k financial data
Total income from all sources	2022-12-31	$-358,891
Total plan assets at end of year	2022-12-31	$2,816,841
Total plan assets at beginning of year	2022-12-31	$3,175,732
Value of fidelity bond covering the plan	2022-12-31	$300,000
Total contributions received or receivable from participants	2022-12-31	$54,000
Other income received	2022-12-31	$-493,891
Net income (gross income less expenses)	2022-12-31	$-358,891
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$2,816,841
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$3,175,732
Total contributions received or receivable from employer(s)	2022-12-31	$81,000
2021 : MD TECHNOLOGIES, INC. 401(K) PLAN 2021 401k financial data
Total income from all sources	2021-12-31	$578,342
Total plan assets at end of year	2021-12-31	$3,175,732
Total plan assets at beginning of year	2021-12-31	$2,597,390
Value of fidelity bond covering the plan	2021-12-31	$270,000
Total contributions received or receivable from participants	2021-12-31	$52,000
Other income received	2021-12-31	$449,342
Net income (gross income less expenses)	2021-12-31	$578,342
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$3,175,732
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$2,597,390
Total contributions received or receivable from employer(s)	2021-12-31	$77,000
2020 : MD TECHNOLOGIES, INC. 401(K) PLAN 2020 401k financial data
Total income from all sources	2020-12-31	$322,542
Total plan assets at end of year	2020-12-31	$2,597,390
Total plan assets at beginning of year	2020-12-31	$2,274,848
Value of fidelity bond covering the plan	2020-12-31	$210,000
Total contributions received or receivable from participants	2020-12-31	$52,000
Other income received	2020-12-31	$195,542
Net income (gross income less expenses)	2020-12-31	$322,542
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$2,597,390
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$2,274,848
Total contributions received or receivable from employer(s)	2020-12-31	$75,000
2019 : MD TECHNOLOGIES, INC. 401(K) PLAN 2019 401k financial data
Total income from all sources	2019-12-31	$339,055
Total plan assets at end of year	2019-12-31	$2,274,848
Total plan assets at beginning of year	2019-12-31	$1,935,793
Value of fidelity bond covering the plan	2019-12-31	$210,000
Total contributions received or receivable from participants	2019-12-31	$49,000
Other income received	2019-12-31	$216,055
Net income (gross income less expenses)	2019-12-31	$339,055
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$2,274,848
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$1,935,793
Total contributions received or receivable from employer(s)	2019-12-31	$74,000
2018 : MD TECHNOLOGIES, INC. 401(K) PLAN 2018 401k financial data
Total income from all sources	2018-12-31	$101,835
Total plan assets at end of year	2018-12-31	$1,935,793
Total plan assets at beginning of year	2018-12-31	$1,833,958
Value of fidelity bond covering the plan	2018-12-31	$140,000
Total contributions received or receivable from participants	2018-12-31	$49,000
Other income received	2018-12-31	$-20,165
Net income (gross income less expenses)	2018-12-31	$101,835
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$1,935,793
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$1,833,958
Total contributions received or receivable from employer(s)	2018-12-31	$73,000
2017 : MD TECHNOLOGIES, INC. 401(K) PLAN 2017 401k financial data
Total income from all sources	2017-12-31	$255,995
Total plan assets at end of year	2017-12-31	$1,833,958
Total plan assets at beginning of year	2017-12-31	$1,577,963
Value of fidelity bond covering the plan	2017-12-31	$140,000
Total contributions received or receivable from participants	2017-12-31	$48,000
Other income received	2017-12-31	$135,995
Net income (gross income less expenses)	2017-12-31	$255,995
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$1,833,958
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$1,577,963
Total contributions received or receivable from employer(s)	2017-12-31	$72,000
2016 : MD TECHNOLOGIES, INC. 401(K) PLAN 2016 401k financial data
Total income from all sources	2016-12-31	$161,273
Total plan assets at end of year	2016-12-31	$1,577,963
Total plan assets at beginning of year	2016-12-31	$1,416,690
Value of fidelity bond covering the plan	2016-12-31	$140,000
Total contributions received or receivable from participants	2016-12-31	$48,000
Other income received	2016-12-31	$43,273
Net income (gross income less expenses)	2016-12-31	$161,273
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$1,577,963
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$1,416,690
Total contributions received or receivable from employer(s)	2016-12-31	$70,000
2015 : MD TECHNOLOGIES, INC. 401(K) PLAN 2015 401k financial data
Total plan liabilities at beginning of year	2015-12-31	$500
Total income from all sources	2015-12-31	$100,982
Total plan assets at end of year	2015-12-31	$1,416,690
Total plan assets at beginning of year	2015-12-31	$1,316,208
Value of fidelity bond covering the plan	2015-12-31	$75,000
Total contributions received or receivable from participants	2015-12-31	$48,000
Other income received	2015-12-31	$-17,018
Net income (gross income less expenses)	2015-12-31	$100,982
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$1,416,690
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$1,315,708
Total contributions received or receivable from employer(s)	2015-12-31	$70,000

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

2022: MD TECHNOLOGIES, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: MD TECHNOLOGIES, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: MD TECHNOLOGIES, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: MD TECHNOLOGIES, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: MD TECHNOLOGIES, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: MD TECHNOLOGIES, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: MD TECHNOLOGIES, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: MD TECHNOLOGIES, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	MD TECHNOLOGIES INC.
Employer identification number (EIN):	363894869
NAIC Classification:	339110