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BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameBUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN
Plan identification number 001

BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING 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.
  • 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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.
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

BUTLER NATIONAL CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:BUTLER NATIONAL CORPORATION
Employer identification number (EIN):410834293
NAIC Classification:334500

Additional information about BUTLER NATIONAL CORPORATION

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 2672639

More information about BUTLER NATIONAL CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01CHRIS REEDY2024-10-10
0012022-01-01TAD MCMAHON2023-10-06
0012021-01-01TAD MCMAHON2022-10-14
0012020-01-01TAD MCMAHON2021-10-07
0012019-01-01TAD MCMAHON2020-09-29
0012018-01-01TAD MCMAHON2019-07-24
0012017-01-01TAD MCMAHON
0012016-01-01CLARK D. STEWART
0012015-01-01CLARK D. STEWART
0012015-01-01CLARK D. STEWART
0012014-01-01CLARK D. STEWART
0012013-01-01CLARK D. STEWART CLARK D. STEWART2014-10-14
0012012-01-01CLARK D. STEWART CLARK D. STEWART2013-10-10
0012011-01-01CLARK D. STEWART CLARK D. STEWART2012-06-05
0012009-01-01KATHY L. GORRELL KATHY L. GORRELL2010-09-16

Plan Statistics for BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN

Measure Date Value
2023: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01173
Total number of active participants reported on line 7a of the Form 55002023-01-01110
Number of retired or separated participants receiving benefits2023-01-0110
Number of other retired or separated participants entitled to future benefits2023-01-0161
Total of all active and inactive participants2023-01-01181
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-01181
Number of participants with account balances2023-01-01177
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01152
Total number of active participants reported on line 7a of the Form 55002022-01-01105
Number of retired or separated participants receiving benefits2022-01-013
Number of other retired or separated participants entitled to future benefits2022-01-0151
Total of all active and inactive participants2022-01-01159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01159
Number of participants with account balances2022-01-01142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01150
Total number of active participants reported on line 7a of the Form 55002021-01-01118
Number of retired or separated participants receiving benefits2021-01-013
Number of other retired or separated participants entitled to future benefits2021-01-0131
Total of all active and inactive participants2021-01-01152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01152
Number of participants with account balances2021-01-01142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01117
Total number of active participants reported on line 7a of the Form 55002020-01-01107
Number of retired or separated participants receiving benefits2020-01-0116
Number of other retired or separated participants entitled to future benefits2020-01-0116
Total of all active and inactive participants2020-01-01139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01139
Number of participants with account balances2020-01-01136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01119
Total number of active participants reported on line 7a of the Form 55002019-01-0199
Number of retired or separated participants receiving benefits2019-01-0112
Number of other retired or separated participants entitled to future benefits2019-01-016
Total of all active and inactive participants2019-01-01117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01117
Number of participants with account balances2019-01-01116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01105
Total number of active participants reported on line 7a of the Form 55002018-01-0194
Number of retired or separated participants receiving benefits2018-01-017
Number of other retired or separated participants entitled to future benefits2018-01-017
Total of all active and inactive participants2018-01-01108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01108
Number of participants with account balances2018-01-01102
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0198
Total number of active participants reported on line 7a of the Form 55002017-01-0182
Number of retired or separated participants receiving benefits2017-01-019
Number of other retired or separated participants entitled to future benefits2017-01-016
Total of all active and inactive participants2017-01-0197
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0197
Number of participants with account balances2017-01-0173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01114
Total number of active participants reported on line 7a of the Form 55002016-01-0181
Number of retired or separated participants receiving benefits2016-01-0113
Number of other retired or separated participants entitled to future benefits2016-01-013
Total of all active and inactive participants2016-01-0197
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-0198
Number of participants with account balances2016-01-0173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01119
Total number of active participants reported on line 7a of the Form 55002015-01-0192
Number of retired or separated participants receiving benefits2015-01-0114
Number of other retired or separated participants entitled to future benefits2015-01-0110
Total of all active and inactive participants2015-01-01116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011
Total participants2015-01-01117
Number of participants with account balances2015-01-0177
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01110
Total number of active participants reported on line 7a of the Form 55002014-01-0179
Number of retired or separated participants receiving benefits2014-01-0119
Number of other retired or separated participants entitled to future benefits2014-01-0111
Total of all active and inactive participants2014-01-01109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01109
Number of participants with account balances2014-01-0179
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01115
Total number of active participants reported on line 7a of the Form 55002013-01-0185
Number of retired or separated participants receiving benefits2013-01-0115
Number of other retired or separated participants entitled to future benefits2013-01-0112
Total of all active and inactive participants2013-01-01112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-01113
Number of participants with account balances2013-01-0184
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01127
Total number of active participants reported on line 7a of the Form 55002012-01-01112
Number of retired or separated participants receiving benefits2012-01-0112
Total of all active and inactive participants2012-01-01124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01124
Number of participants with account balances2012-01-0181
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01118
Total number of active participants reported on line 7a of the Form 55002011-01-01101
Number of retired or separated participants receiving benefits2011-01-018
Number of other retired or separated participants entitled to future benefits2011-01-018
Total of all active and inactive participants2011-01-01117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01117
Number of participants with account balances2011-01-0183
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01104
Total number of active participants reported on line 7a of the Form 55002009-01-0195
Number of retired or separated participants receiving benefits2009-01-011
Number of other retired or separated participants entitled to future benefits2009-01-016
Total of all active and inactive participants2009-01-01102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01102
Number of participants with account balances2009-01-0165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN

Measure Date Value
2023 : BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2023 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2023-12-31$383,912
Total unrealized appreciation/depreciation of assets2023-12-31$383,912
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total income from all sources (including contributions)2023-12-31$2,915,769
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$2,801,714
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$2,745,958
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$1,469,175
Value of total assets at end of year2023-12-31$18,932,764
Value of total assets at beginning of year2023-12-31$18,818,709
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$55,756
Total interest from all sources2023-12-31$39,446
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$500,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$719,215
Participant contributions at end of year2023-12-31$3,952
Participant contributions at beginning of year2023-12-31$0
Participant contributions at end of year2023-12-31$10,556
Participant contributions at beginning of year2023-12-31$9,048
Assets. Other investments not covered elsewhere at end of year2023-12-31$296,273
Assets. Other investments not covered elsewhere at beginning of year2023-12-31$154,858
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$114,055
Value of net assets at end of year (total assets less liabilities)2023-12-31$18,932,764
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$18,818,709
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$8,641,266
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$6,038,184
Interest on participant loans2023-12-31$78
Interest earned on other investments2023-12-31$39,368
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-12-31$240,334
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2023-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2023-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-12-31$971,192
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-12-31$1,972,004
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$1,023,236
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Assets. Invements in employer securities at end of year2023-12-31$8,019,231
Assets. Invements in employer securities at beginning of year2023-12-31$9,861,446
Contributions received in cash from employer2023-12-31$749,960
Employer contributions (assets) at end of year2023-12-31$749,960
Employer contributions (assets) at beginning of year2023-12-31$783,169
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$2,745,958
Contract administrator fees2023-12-31$55,756
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31JOHN J. SAMYN CPA LLC
Accountancy firm EIN2023-12-31933179094
2022 : BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$-965,600
Total unrealized appreciation/depreciation of assets2022-12-31$-965,600
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$0
Total income from all sources (including contributions)2022-12-31$-668,419
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$503,225
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$454,820
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,488,142
Value of total assets at end of year2022-12-31$18,818,709
Value of total assets at beginning of year2022-12-31$19,990,353
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$48,405
Total interest from all sources2022-12-31$40,371
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$87,820
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$87,820
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$704,973
Participant contributions at end of year2022-12-31$9,048
Participant contributions at beginning of year2022-12-31$8,122
Assets. Other investments not covered elsewhere at end of year2022-12-31$154,858
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$260,808
Administrative expenses (other) incurred2022-12-31$48,405
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-1,171,644
Value of net assets at end of year (total assets less liabilities)2022-12-31$18,818,709
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$19,990,353
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$6,038,184
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$6,068,865
Interest earned on other investments2022-12-31$40,371
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$1,972,004
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$2,437,710
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-1,319,152
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$9,861,446
Assets. Invements in employer securities at beginning of year2022-12-31$10,407,954
Contributions received in cash from employer2022-12-31$783,169
Employer contributions (assets) at end of year2022-12-31$783,169
Employer contributions (assets) at beginning of year2022-12-31$806,894
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$454,820
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31SAMYN & MARTIN, LLC
Accountancy firm EIN2022-12-31431679261
2021 : BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$3,276,187
Total unrealized appreciation/depreciation of assets2021-12-31$3,276,187
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$5,807,765
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$344,031
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$295,050
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,479,364
Value of total assets at end of year2021-12-31$19,990,353
Value of total assets at beginning of year2021-12-31$14,526,619
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$48,981
Total interest from all sources2021-12-31$32,743
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 year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$672,470
Participant contributions at end of year2021-12-31$8,122
Participant contributions at beginning of year2021-12-31$0
Assets. Other investments not covered elsewhere at end of year2021-12-31$260,808
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$209,676
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$5,463,734
Value of net assets at end of year (total assets less liabilities)2021-12-31$19,990,353
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$14,526,619
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$6,068,865
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$5,199,879
Interest earned on other investments2021-12-31$32,743
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$2,437,710
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$1,722,965
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$1,001,464
Net investment gain/loss from pooled separate accounts2021-12-31$18,007
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$10,407,954
Assets. Invements in employer securities at beginning of year2021-12-31$6,633,516
Contributions received in cash from employer2021-12-31$806,894
Employer contributions (assets) at end of year2021-12-31$806,894
Employer contributions (assets) at beginning of year2021-12-31$760,583
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$295,050
Contract administrator fees2021-12-31$48,981
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31SAMYN & MARTIN, LLC
Accountancy firm EIN2021-12-31431679261
2020 : BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources2020-12-31$91,291
Expenses. Total of all expenses incurred2020-12-31$330,671
Benefits paid (including direct rollovers)2020-12-31$330,671
Total plan assets at end of year2020-12-31$14,526,618
Total plan assets at beginning of year2020-12-31$14,765,998
Value of fidelity bond covering the plan2020-12-31$500,000
Total contributions received or receivable from participants2020-12-31$579,815
Other income received2020-12-31$-1,249,107
Net income (gross income less expenses)2020-12-31$-239,380
Net plan assets at end of year (total assets less liabilities)2020-12-31$14,526,618
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$14,765,998
Assets. Value of employer securities2020-12-31$7,394,099
Total contributions received or receivable from employer(s)2020-12-31$760,583
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources2019-12-31$6,595,945
Expenses. Total of all expenses incurred2019-12-31$301,591
Benefits paid (including direct rollovers)2019-12-31$300,891
Total plan assets at end of year2019-12-31$14,765,998
Total plan assets at beginning of year2019-12-31$8,471,644
Value of fidelity bond covering the plan2019-12-31$500,000
Total contributions received or receivable from participants2019-12-31$474,531
Other income received2019-12-31$4,906,210
Net income (gross income less expenses)2019-12-31$6,294,354
Net plan assets at end of year (total assets less liabilities)2019-12-31$14,765,998
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$8,471,644
Assets. Value of employer securities2019-12-31$9,325,074
Total contributions received or receivable from employer(s)2019-12-31$1,215,204
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$700
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources2018-12-31$1,499,674
Expenses. Total of all expenses incurred2018-12-31$544,872
Benefits paid (including direct rollovers)2018-12-31$544,332
Total plan assets at end of year2018-12-31$8,471,644
Total plan assets at beginning of year2018-12-31$7,516,842
Value of fidelity bond covering the plan2018-12-31$500,000
Total contributions received or receivable from participants2018-12-31$414,432
Contributions received from other sources (not participants or employers)2018-12-31$15,408
Other income received2018-12-31$237,778
Noncash contributions received2018-12-31$832,056
Net income (gross income less expenses)2018-12-31$954,802
Net plan assets at end of year (total assets less liabilities)2018-12-31$8,471,644
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$7,516,842
Assets. Value of employer securities2018-12-31$4,365,221
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$540
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources2017-12-31$1,951,588
Expenses. Total of all expenses incurred2017-12-31$109,692
Benefits paid (including direct rollovers)2017-12-31$109,547
Total plan assets at end of year2017-12-31$7,516,842
Total plan assets at beginning of year2017-12-31$5,674,946
Value of fidelity bond covering the plan2017-12-31$500,000
Total contributions received or receivable from participants2017-12-31$344,403
Other income received2017-12-31$1,345,988
Noncash contributions received2017-12-31$261,197
Net income (gross income less expenses)2017-12-31$1,841,896
Net plan assets at end of year (total assets less liabilities)2017-12-31$7,516,842
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$5,674,946
Assets. Value of employer securities2017-12-31$3,318,926
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$145
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$1,090,496
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$1,032,682
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$1,031,335
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$581,193
Value of total assets at end of year2016-12-31$5,674,946
Value of total assets at beginning of year2016-12-31$5,617,132
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$1,347
Total interest from all sources2016-12-31$31,189
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$331,121
Assets. Other investments not covered elsewhere at end of year2016-12-31$151,730
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$149,265
Other income not declared elsewhere2016-12-31$261,953
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$57,814
Value of net assets at end of year (total assets less liabilities)2016-12-31$5,674,946
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$5,617,132
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$2,357,610
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$2,255,730
Interest earned on other investments2016-12-31$31,189
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$818,253
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$1,062,142
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$216,161
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at end of year2016-12-31$2,097,281
Assets. Invements in employer securities at beginning of year2016-12-31$1,908,640
Contributions received in cash from employer2016-12-31$250,072
Employer contributions (assets) at end of year2016-12-31$250,072
Employer contributions (assets) at beginning of year2016-12-31$241,355
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$1,031,335
Contract administrator fees2016-12-31$1,347
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31LL BRADFORD
Accountancy firm EIN2016-12-31880320217
2015 : BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$963,218
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$171,337
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$171,237
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$572,608
Value of total assets at end of year2015-12-31$5,617,132
Value of total assets at beginning of year2015-12-31$4,825,251
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$100
Total interest from all sources2015-12-31$31,237
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$331,253
Assets. Other investments not covered elsewhere at end of year2015-12-31$149,265
Assets. Other investments not covered elsewhere at beginning of year2015-12-31$46,429
Other income not declared elsewhere2015-12-31$396,004
Administrative expenses (other) incurred2015-12-31$100
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$791,881
Value of net assets at end of year (total assets less liabilities)2015-12-31$5,617,132
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$4,825,251
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$2,255,730
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$2,347,084
Interest earned on other investments2015-12-31$31,237
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$981
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$981
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$1,062,142
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$850,721
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-36,631
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Assets. Invements in employer securities at end of year2015-12-31$1,908,640
Assets. Invements in employer securities at beginning of year2015-12-31$1,361,315
Contributions received in cash from employer2015-12-31$241,355
Employer contributions (assets) at end of year2015-12-31$241,355
Employer contributions (assets) at beginning of year2015-12-31$218,721
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$171,237
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31LL BRADFORD
Accountancy firm EIN2015-12-31880320217
2014 : BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$1,056,465
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$1,227,987
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$1,227,637
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$521,961
Value of total assets at end of year2014-12-31$4,825,251
Value of total assets at beginning of year2014-12-31$4,996,773
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$350
Total interest from all sources2014-12-31$25,855
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$5,000,000
If this is an individual account plan, was there a blackout period2014-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$303,240
Assets. Other investments not covered elsewhere at end of year2014-12-31$46,429
Assets. Other investments not covered elsewhere at beginning of year2014-12-31$244,005
Other income not declared elsewhere2014-12-31$367,520
Administrative expenses (other) incurred2014-12-31$350
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-171,522
Value of net assets at end of year (total assets less liabilities)2014-12-31$4,825,251
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$4,996,773
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$2,347,084
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$2,671,204
Interest earned on other investments2014-12-31$25,855
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$981
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$4,648
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$4,648
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2014-12-31$850,721
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-12-31$685,706
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$141,129
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Assets. Invements in employer securities at end of year2014-12-31$1,361,315
Assets. Invements in employer securities at beginning of year2014-12-31$1,147,600
Contributions received in cash from employer2014-12-31$218,721
Employer contributions (assets) at end of year2014-12-31$218,721
Employer contributions (assets) at beginning of year2014-12-31$243,610
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$1,227,637
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-12-31Yes
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31LL BRADFORD
Accountancy firm EIN2014-12-31880320217
2013 : BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$554,279
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$107,316
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$107,119
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$587,682
Value of total assets at end of year2013-12-31$4,996,773
Value of total assets at beginning of year2013-12-31$4,549,810
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$197
Total interest from all sources2013-12-31$19,422
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$5,000,000
If this is an individual account plan, was there a blackout period2013-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$344,072
Assets. Other investments not covered elsewhere at end of year2013-12-31$244,005
Assets. Other investments not covered elsewhere at beginning of year2013-12-31$194,474
Other income not declared elsewhere2013-12-31$-537,392
Administrative expenses (other) incurred2013-12-31$197
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$446,963
Value of net assets at end of year (total assets less liabilities)2013-12-31$4,996,773
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$4,549,810
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$2,671,204
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$2,013,990
Interest earned on other investments2013-12-31$19,422
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$4,648
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$685,706
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$600,095
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$484,567
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Assets. Invements in employer securities at end of year2013-12-31$1,147,600
Assets. Invements in employer securities at beginning of year2013-12-31$1,460,762
Contributions received in cash from employer2013-12-31$243,610
Employer contributions (assets) at end of year2013-12-31$243,610
Employer contributions (assets) at beginning of year2013-12-31$280,489
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$107,119
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31Yes
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31LL BRADFORD
Accountancy firm EIN2013-12-31880320217
2012 : BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$-580,850
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$163,152
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$163,027
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$666,232
Value of total assets at end of year2012-12-31$4,549,810
Value of total assets at beginning of year2012-12-31$5,293,812
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$125
Total interest from all sources2012-12-31$57,356
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$71
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$71
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$5,000,000
If this is an individual account plan, was there a blackout period2012-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$385,743
Assets. Other investments not covered elsewhere at end of year2012-12-31$194,474
Assets. Other investments not covered elsewhere at beginning of year2012-12-31$177,176
Other income not declared elsewhere2012-12-31$-1,534,655
Administrative expenses (other) incurred2012-12-31$125
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$-744,002
Value of net assets at end of year (total assets less liabilities)2012-12-31$4,549,810
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$5,293,812
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$2,013,990
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$0
Value of interest in pooled separate accounts at beginning of year2012-12-31$1,650,862
Interest earned on other investments2012-12-31$57,356
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$600,095
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$434,958
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$181,137
Net investment gain/loss from pooled separate accounts2012-12-31$49,009
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Assets. Invements in employer securities at end of year2012-12-31$1,460,762
Assets. Invements in employer securities at beginning of year2012-12-31$2,752,629
Contributions received in cash from employer2012-12-31$280,489
Employer contributions (assets) at end of year2012-12-31$280,489
Employer contributions (assets) at beginning of year2012-12-31$278,187
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$163,027
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31Yes
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31LL BRADFORD
Accountancy firm EIN2012-12-31880320217
2011 : BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$-139,622
Expenses. Total of all expenses incurred2011-12-31$81,423
Benefits paid (including direct rollovers)2011-12-31$81,423
Total plan assets at end of year2011-12-31$5,293,812
Total plan assets at beginning of year2011-12-31$5,514,857
Value of fidelity bond covering the plan2011-12-31$5,000,000
Total contributions received or receivable from participants2011-12-31$363,510
Contributions received from other sources (not participants or employers)2011-12-31$3,447
Other income received2011-12-31$-784,767
Net income (gross income less expenses)2011-12-31$-221,045
Net plan assets at end of year (total assets less liabilities)2011-12-31$5,293,812
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$5,514,857
Assets. Value of employer securities2011-12-31$3,030,816
Total contributions received or receivable from employer(s)2011-12-31$278,188
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$1,283,745
Expenses. Total of all expenses incurred2010-12-31$231,356
Benefits paid (including direct rollovers)2010-12-31$231,356
Total plan assets at end of year2010-12-31$5,514,857
Total plan assets at beginning of year2010-12-31$4,462,468
Value of fidelity bond covering the plan2010-12-31$5,000,000
Total contributions received or receivable from participants2010-12-31$276,891
Contributions received from other sources (not participants or employers)2010-12-31$592
Other income received2010-12-31$791,733
Net income (gross income less expenses)2010-12-31$1,052,389
Net plan assets at end of year (total assets less liabilities)2010-12-31$5,514,857
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$4,462,468
Assets. Value of employer securities2010-12-31$3,484,676
Total contributions received or receivable from employer(s)2010-12-31$214,529
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN

2023: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement – InsuranceYes
2023-01-01Plan benefit arrangement - TrustYes
2022: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: BUTLER NATIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract numberC22-80008
Policy instance 1
Insurance contract or identification numberC22-80008
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract numberC22-80008
Policy instance 1
Insurance contract or identification numberC22-80008
Number of Individuals Covered142
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract numberC22-80008
Policy instance 1
Insurance contract or identification numberC22-80008
Number of Individuals Covered142
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract numberC22-80008
Policy instance 1
Insurance contract or identification numberC22-80008
Number of Individuals Covered137
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract numberC22-80008
Policy instance 2
Insurance contract or identification numberC22-80008
Number of Individuals Covered116
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number831136
Policy instance 1
Insurance contract or identification number831136
Number of Individuals Covered0
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $10,736
Total amount of fees paid to insurance companyUSD $1,643
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $10,736
Insurance broker organization code?3
Amount paid for insurance broker fees1643
Additional information about fees paid to insurance brokerSERVICE FEE
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number831136
Policy instance 1
Insurance contract or identification number831136
Number of Individuals Covered102
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $17,001
Total amount of fees paid to insurance companyUSD $1,608
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $17,001
Insurance broker organization code?3
Amount paid for insurance broker fees1608
Additional information about fees paid to insurance brokerSERVICE FEE
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number831136
Policy instance 1
Insurance contract or identification number831136
Number of Individuals Covered73
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $17,656
Total amount of fees paid to insurance companyUSD $1,793
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $17,656
Insurance broker organization code?3
Amount paid for insurance broker fees1793
Additional information about fees paid to insurance brokerSERVICE FEE
Insurance broker nameTAX FAVORED BENEFITS, INC.
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number831136
Policy instance 1
Insurance contract or identification number831136
Number of Individuals Covered77
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $13,168
Total amount of fees paid to insurance companyUSD $1,646
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $13,168
Insurance broker organization code?3
Amount paid for insurance broker fees1646
Additional information about fees paid to insurance brokerSERVICE FEE
Insurance broker nameTAX FAVORED BENEFITS, INC.
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract number831136
Policy instance 1
Insurance contract or identification number831136
Number of Individuals Covered61
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $13,234
Total amount of fees paid to insurance companyUSD $1,654
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $13,234
Insurance broker organization code?3
Amount paid for insurance broker fees1654
Additional information about fees paid to insurance brokerSERVICE FEE
Insurance broker nameTAX FAVORED BENEFITS, INC.
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract number88072
Policy instance 1
Insurance contract or identification number88072
Number of Individuals Covered70
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $9,284
Total amount of fees paid to insurance companyUSD $1,419
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $9,284
Insurance broker organization code?3
Amount paid for insurance broker fees1419
Additional information about fees paid to insurance brokerSERVICE FEE
Insurance broker nameTAX FAVORED BENEFITS, INC.
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract number88072
Policy instance 2
Insurance contract or identification number88072
Number of Individuals Covered74
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $51,321
Total amount of fees paid to insurance companyUSD $5,717
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $51,321
Insurance broker organization code?3
Amount paid for insurance broker fees5717
Additional information about fees paid to insurance brokerSERVICE FEE
Insurance broker nameTAX FAVORED BENEFITS, INC.
UNION CENTRAL LIFE INSURANCE CO. (National Association of Insurance Commissioners NAIC id number: 80837 )
Policy contract number351991
Policy instance 1
Insurance contract or identification number351991
Number of Individuals Covered0
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $14,639
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $11,711
Insurance broker organization code?3
Insurance broker nameTAX FAVORED BENEFITS, INC.
UNION CENTRAL LIFE INSURANCE CO. (National Association of Insurance Commissioners NAIC id number: 80837 )
Policy contract number351991
Policy instance 1
Insurance contract or identification number351991
Number of Individuals Covered71
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $14,639
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
UNION CENTRAL LIFE INSURANCE CO. (National Association of Insurance Commissioners NAIC id number: 80837 )
Policy contract number351991
Policy instance 1
Insurance contract or identification number351991
Number of Individuals Covered59
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $12,061
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $9,649
Insurance broker organization code?3
Insurance broker nameTAX FAVORED BENEFITS, INC.

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