MAGENIC TECHNOLOGIES INC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MAGENIC TECHNOLOGIES INC 401(K) PLAN
Measure | Date | Value |
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2022 : MAGENIC TECHNOLOGIES INC 401(K) PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-01-20 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-20 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-20 | $0 |
Total income from all sources (including contributions) | 2022-01-20 | $-18,221 |
Total loss/gain on sale of assets | 2022-01-20 | $0 |
Total of all expenses incurred | 2022-01-20 | $593,712 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-20 | $593,612 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-20 | $0 |
Value of total assets at end of year | 2022-01-20 | $0 |
Value of total assets at beginning of year | 2022-01-20 | $611,933 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-20 | $100 |
Total interest from all sources | 2022-01-20 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-01-20 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-20 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2022-01-20 | $0 |
Was this plan covered by a fidelity bond | 2022-01-20 | Yes |
Value of fidelity bond cover | 2022-01-20 | $2,000,000 |
If this is an individual account plan, was there a blackout period | 2022-01-20 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2022-01-20 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2022-01-20 | No |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-20 | No |
Value of net income/loss | 2022-01-20 | $-611,933 |
Value of net assets at end of year (total assets less liabilities) | 2022-01-20 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-01-20 | $611,933 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-20 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-20 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-01-20 | No |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-20 | $611,933 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-20 | $-18,221 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-20 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-01-20 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-01-20 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-20 | $593,612 |
Contract administrator fees | 2022-01-20 | $100 |
Did the plan have assets held for investment | 2022-01-20 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-20 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-20 | Yes |
Opinion of an independent qualified public accountant for this plan | 2022-01-20 | Unqualified |
Accountancy firm name | 2022-01-20 | MOSS ADAMS LLP |
Accountancy firm EIN | 2022-01-20 | 910189318 |
2021 : MAGENIC TECHNOLOGIES INC 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $10,632,098 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $86,379,924 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $86,193,399 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $-4,557 |
Value of total corrective distributions | 2021-12-31 | $31,851 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $736,594 |
Value of total assets at end of year | 2021-12-31 | $611,933 |
Value of total assets at beginning of year | 2021-12-31 | $76,359,759 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $159,231 |
Total interest from all sources | 2021-12-31 | $24,326 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $168,293 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $168,293 |
Administrative expenses professional fees incurred | 2021-12-31 | $12,400 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $2,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $697,335 |
Participant contributions at beginning of year | 2021-12-31 | $626,546 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $38,668 |
Other income not declared elsewhere | 2021-12-31 | $89,214 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $-75,747,826 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $611,933 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $76,359,759 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $37,881 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $611,933 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $66,170,744 |
Interest on participant loans | 2021-12-31 | $24,326 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $8,598,352 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $8,909,706 |
Net investment gain or loss from common/collective trusts | 2021-12-31 | $703,965 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $591 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $964,117 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $86,193,399 |
Contract administrator fees | 2021-12-31 | $108,950 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | Yes |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | MOSS ADAMS LLP |
Accountancy firm EIN | 2021-12-31 | 910189318 |
2020 : MAGENIC TECHNOLOGIES INC 401(K) PLAN 2020 401k financial data |
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Unrealized appreciation/depreciation of real estate assets | 2020-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total transfer of assets to this plan | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Expenses. Interest paid | 2020-12-31 | $0 |
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $17,960,257 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $6,310,046 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $6,250,137 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $9,536 |
Value of total corrective distributions | 2020-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $6,816,333 |
Value of total assets at end of year | 2020-12-31 | $76,359,759 |
Value of total assets at beginning of year | 2020-12-31 | $64,709,548 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $50,373 |
Total income from rents | 2020-12-31 | $0 |
Total interest from all sources | 2020-12-31 | $40,228 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $657,734 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $657,734 |
Administrative expenses professional fees incurred | 2020-12-31 | $12,050 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $2,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Amount of non-exempt transactions with any party-in-interest | 2020-12-31 | $0 |
Contributions received from participants | 2020-12-31 | $4,778,652 |
Participant contributions at end of year | 2020-12-31 | $626,546 |
Participant contributions at beginning of year | 2020-12-31 | $610,668 |
Participant contributions at end of year | 2020-12-31 | $0 |
Participant contributions at beginning of year | 2020-12-31 | $159,538 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $1,073,564 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $896,026 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
Other income not declared elsewhere | 2020-12-31 | $35,341 |
Administrative expenses (other) incurred | 2020-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $0 |
Total non interest bearing cash at end of year | 2020-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Income. Non cash contributions | 2020-12-31 | $0 |
Value of net income/loss | 2020-12-31 | $11,650,211 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $76,359,759 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $64,709,548 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2020-12-31 | $0 |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2020-12-31 | $0 |
Investment advisory and management fees | 2020-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $66,170,744 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $59,757,394 |
Interest on participant loans | 2020-12-31 | $40,228 |
Income. Interest from loans (other than to participants) | 2020-12-31 | $0 |
Interest earned on other investments | 2020-12-31 | $0 |
Income. Interest from US Government securities | 2020-12-31 | $0 |
Income. Interest from corporate debt instruments | 2020-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $8,598,352 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $2,693,507 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $31,184 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $31,184 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $0 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $10,182,570 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $0 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $228,051 |
Net gain/loss from 103.12 investment entities | 2020-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $964,117 |
Employer contributions (assets) at end of year | 2020-12-31 | $964,117 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $561,231 |
Income. Dividends from preferred stock | 2020-12-31 | $0 |
Income. Dividends from common stock | 2020-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $6,250,137 |
Contract administrator fees | 2020-12-31 | $38,323 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | Yes |
Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $0 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Aggregate proceeds on sale of assets | 2020-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2020-12-31 | $0 |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | MURRY & ASSOCIATES, LLC |
Accountancy firm EIN | 2020-12-31 | 461454776 |
2019 : MAGENIC TECHNOLOGIES INC 401(K) PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $18,323,771 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $4,637,594 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $4,600,124 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $6,127,361 |
Value of total assets at end of year | 2019-12-31 | $64,709,548 |
Value of total assets at beginning of year | 2019-12-31 | $51,023,371 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $37,470 |
Total interest from all sources | 2019-12-31 | $25,446 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $2,646,963 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $2,646,963 |
Administrative expenses professional fees incurred | 2019-12-31 | $11,850 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $4,535,849 |
Participant contributions at end of year | 2019-12-31 | $610,668 |
Participant contributions at beginning of year | 2019-12-31 | $506,999 |
Participant contributions at end of year | 2019-12-31 | $159,538 |
Participant contributions at beginning of year | 2019-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $1,030,281 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $896,026 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $0 |
Other income not declared elsewhere | 2019-12-31 | $926,027 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $13,686,177 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $64,709,548 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $51,023,371 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $25,620 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $59,757,394 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $46,434,535 |
Interest on participant loans | 2019-12-31 | $24,919 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $2,693,507 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $3,100,915 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $31,184 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $46,199 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $46,199 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $527 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $8,536,126 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $61,848 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $561,231 |
Employer contributions (assets) at end of year | 2019-12-31 | $561,231 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $934,723 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $4,600,124 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | MURRY & ASSOCIATES, LLC |
Accountancy firm EIN | 2019-12-31 | 461454776 |
2018 : MAGENIC TECHNOLOGIES INC 401(K) PLAN 2018 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $3,042,890 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $3,934,549 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $3,891,624 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $6,176,466 |
Value of total assets at end of year | 2018-12-31 | $51,023,371 |
Value of total assets at beginning of year | 2018-12-31 | $51,915,030 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $42,925 |
Total interest from all sources | 2018-12-31 | $25,174 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $3,590,661 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $3,536,936 |
Administrative expenses professional fees incurred | 2018-12-31 | $11,600 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $4,762,484 |
Participant contributions at end of year | 2018-12-31 | $506,999 |
Participant contributions at beginning of year | 2018-12-31 | $430,487 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $479,259 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $0 |
Other income not declared elsewhere | 2018-12-31 | $30,000 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-891,659 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $51,023,371 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $51,915,030 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Investment advisory and management fees | 2018-12-31 | $31,325 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $46,434,535 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $47,809,866 |
Interest on participant loans | 2018-12-31 | $25,174 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $3,100,915 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $2,645,038 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $46,199 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $43,136 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $43,136 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-6,779,411 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $934,723 |
Employer contributions (assets) at end of year | 2018-12-31 | $934,723 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $986,503 |
Income. Dividends from common stock | 2018-12-31 | $53,725 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $3,891,624 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2018-12-31 | No |
Did the plan have assets held for investment | 2018-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | MURRY & ASSOCIATES, LLC |
Accountancy firm EIN | 2018-12-31 | 461454776 |
2017 : MAGENIC TECHNOLOGIES INC 401(K) PLAN 2017 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $13,944,452 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $2,878,658 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $2,841,192 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $6,134,916 |
Value of total assets at end of year | 2017-12-31 | $51,915,030 |
Value of total assets at beginning of year | 2017-12-31 | $40,849,236 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $37,466 |
Total interest from all sources | 2017-12-31 | $15,976 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $1,902,222 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $1,902,222 |
Administrative expenses professional fees incurred | 2017-12-31 | $11,250 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $4,748,013 |
Participant contributions at end of year | 2017-12-31 | $430,487 |
Participant contributions at beginning of year | 2017-12-31 | $356,658 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $400,400 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $0 |
Other income not declared elsewhere | 2017-12-31 | $30,000 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $11,065,794 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $51,915,030 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $40,849,236 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Investment advisory and management fees | 2017-12-31 | $26,216 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $47,809,866 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $37,069,262 |
Interest on participant loans | 2017-12-31 | $15,976 |
Value of interest in common/collective trusts at end of year | 2017-12-31 | $2,645,038 |
Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $2,530,121 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $43,136 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $24,806 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $24,806 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $5,816,474 |
Net investment gain or loss from common/collective trusts | 2017-12-31 | $44,864 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $986,503 |
Employer contributions (assets) at end of year | 2017-12-31 | $986,503 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $868,389 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $2,841,192 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2017-12-31 | No |
Did the plan have assets held for investment | 2017-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | MURRY & ASSOCIATES, LLC |
Accountancy firm EIN | 2017-12-31 | 461454776 |
2016 : MAGENIC TECHNOLOGIES INC 401(K) PLAN 2016 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $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 | $8,438,174 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $2,045,108 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $2,000,916 |
Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $12,276 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $5,716,605 |
Value of total assets at end of year | 2016-12-31 | $40,849,236 |
Value of total assets at beginning of year | 2016-12-31 | $34,456,170 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $31,916 |
Total interest from all sources | 2016-12-31 | $13,843 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $1,258,158 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $1,258,158 |
Administrative expenses professional fees incurred | 2016-12-31 | $11,100 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $4,154,389 |
Participant contributions at end of year | 2016-12-31 | $356,658 |
Participant contributions at beginning of year | 2016-12-31 | $364,032 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $693,827 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $0 |
Other income not declared elsewhere | 2016-12-31 | $30,000 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $6,393,066 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $40,849,236 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $34,456,170 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Investment advisory and management fees | 2016-12-31 | $20,816 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $37,069,262 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $31,028,976 |
Interest on participant loans | 2016-12-31 | $13,840 |
Value of interest in common/collective trusts at end of year | 2016-12-31 | $2,530,121 |
Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $2,307,810 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $24,806 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $37,249 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $37,249 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $3 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $1,379,596 |
Net investment gain or loss from common/collective trusts | 2016-12-31 | $39,972 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $868,389 |
Employer contributions (assets) at end of year | 2016-12-31 | $868,389 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $718,103 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $2,000,916 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2016-12-31 | No |
Did the plan have assets held for investment | 2016-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | MURRY & ASSOCIATES, LLC |
Accountancy firm EIN | 2016-12-31 | 461454776 |
2015 : MAGENIC TECHNOLOGIES INC 401(K) PLAN 2015 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $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 | $4,598,695 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $2,271,032 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $2,252,094 |
Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $13,279 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $4,399,593 |
Value of total assets at end of year | 2015-12-31 | $34,456,170 |
Value of total assets at beginning of year | 2015-12-31 | $32,128,507 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $5,659 |
Total interest from all sources | 2015-12-31 | $13,087 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $1,532,288 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $1,532,288 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $3,455,176 |
Participant contributions at end of year | 2015-12-31 | $364,032 |
Participant contributions at beginning of year | 2015-12-31 | $295,359 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $226,314 |
Other income not declared elsewhere | 2015-12-31 | $30,000 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $2,327,663 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $34,456,170 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $32,128,507 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Investment advisory and management fees | 2015-12-31 | $5,659 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $31,028,976 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $29,537,442 |
Interest on participant loans | 2015-12-31 | $13,087 |
Value of interest in common/collective trusts at end of year | 2015-12-31 | $2,307,810 |
Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $1,610,809 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $37,249 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $38,374 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $38,374 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-1,410,648 |
Net investment gain or loss from common/collective trusts | 2015-12-31 | $34,375 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $718,103 |
Employer contributions (assets) at end of year | 2015-12-31 | $718,103 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $646,523 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $2,252,094 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2015-12-31 | No |
Did the plan have assets held for investment | 2015-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | MURRY & ASSOCIATES, LLC |
Accountancy firm EIN | 2015-12-31 | 461454776 |
2014 : MAGENIC TECHNOLOGIES INC 401(K) PLAN 2014 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $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 | $5,579,135 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $1,707,280 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $1,702,030 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $3,963,495 |
Value of total assets at end of year | 2014-12-31 | $32,128,507 |
Value of total assets at beginning of year | 2014-12-31 | $28,256,652 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $5,250 |
Total interest from all sources | 2014-12-31 | $9,973 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $1,230,083 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $1,230,083 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $3,217,813 |
Participant contributions at end of year | 2014-12-31 | $295,359 |
Participant contributions at beginning of year | 2014-12-31 | $224,168 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $99,159 |
Administrative expenses (other) incurred | 2014-12-31 | $5,250 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $3,871,855 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $32,128,507 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $28,256,652 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $29,537,442 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $26,083,774 |
Interest on participant loans | 2014-12-31 | $9,973 |
Value of interest in common/collective trusts at end of year | 2014-12-31 | $1,610,809 |
Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $1,450,107 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $38,374 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $27,201 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $27,201 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $347,464 |
Net investment gain or loss from common/collective trusts | 2014-12-31 | $28,120 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Contributions received in cash from employer | 2014-12-31 | $646,523 |
Employer contributions (assets) at end of year | 2014-12-31 | $646,523 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $471,402 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $1,702,030 |
Did the plan have assets held for investment | 2014-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | MURRY & ASSOCIATES, LLC |
Accountancy firm EIN | 2014-12-31 | 461454776 |
2013 : MAGENIC TECHNOLOGIES INC 401(K) PLAN 2013 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $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 | $8,587,444 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $1,522,544 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $1,518,694 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $3,930,214 |
Value of total assets at end of year | 2013-12-31 | $28,256,652 |
Value of total assets at beginning of year | 2013-12-31 | $21,191,752 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $3,850 |
Total interest from all sources | 2013-12-31 | $9,302 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $854,936 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $854,936 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $3,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $2,909,215 |
Participant contributions at end of year | 2013-12-31 | $224,168 |
Participant contributions at beginning of year | 2013-12-31 | $183,716 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $549,597 |
Administrative expenses (other) incurred | 2013-12-31 | $3,850 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $7,064,900 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $28,256,652 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $21,191,752 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $26,083,774 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $18,928,918 |
Interest on participant loans | 2013-12-31 | $9,302 |
Value of interest in common/collective trusts at end of year | 2013-12-31 | $1,450,107 |
Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $1,527,466 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $27,201 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $26,917 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $26,917 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $3,764,632 |
Net investment gain or loss from common/collective trusts | 2013-12-31 | $28,360 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $471,402 |
Employer contributions (assets) at end of year | 2013-12-31 | $471,402 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $524,735 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $1,518,694 |
Did the plan have assets held for investment | 2013-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | MURRY & ASSOCIATES, LLC |
Accountancy firm EIN | 2013-12-31 | 461454776 |
2012 : MAGENIC TECHNOLOGIES INC 401(K) PLAN 2012 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $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 | $5,772,506 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $1,991,937 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $1,987,099 |
Expenses. Certain deemed distributions of participant loans | 2012-12-31 | $1,238 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $3,287,641 |
Value of total assets at end of year | 2012-12-31 | $21,191,752 |
Value of total assets at beginning of year | 2012-12-31 | $17,411,183 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $3,600 |
Total interest from all sources | 2012-12-31 | $7,463 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $458,514 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $458,514 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $3,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $2,478,342 |
Participant contributions at end of year | 2012-12-31 | $183,716 |
Participant contributions at beginning of year | 2012-12-31 | $187,236 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $284,564 |
Administrative expenses (other) incurred | 2012-12-31 | $3,600 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $3,780,569 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $21,191,752 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $17,411,183 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $18,928,918 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $15,159,177 |
Interest on participant loans | 2012-12-31 | $7,463 |
Value of interest in common/collective trusts at end of year | 2012-12-31 | $1,527,466 |
Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $1,665,167 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $26,917 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $9,358 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $9,358 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $1,984,808 |
Net investment gain or loss from common/collective trusts | 2012-12-31 | $34,080 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $524,735 |
Employer contributions (assets) at end of year | 2012-12-31 | $524,735 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $390,245 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $1,987,099 |
Did the plan have assets held for investment | 2012-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | MURRY & ASSOCIATES, LLC |
Accountancy firm EIN | 2012-12-31 | 461454776 |
2011 : MAGENIC TECHNOLOGIES INC 401(K) PLAN 2011 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $2,210,470 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $2,161,251 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $2,147,922 |
Expenses. Certain deemed distributions of participant loans | 2011-12-31 | $9,879 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $2,461,703 |
Value of total assets at end of year | 2011-12-31 | $17,411,183 |
Value of total assets at beginning of year | 2011-12-31 | $17,361,964 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $3,450 |
Total interest from all sources | 2011-12-31 | $8,060 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $356,331 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $356,331 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $3,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $1,951,666 |
Participant contributions at end of year | 2011-12-31 | $187,236 |
Participant contributions at beginning of year | 2011-12-31 | $195,622 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $119,792 |
Administrative expenses (other) incurred | 2011-12-31 | $3,450 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $49,219 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $17,411,183 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $17,361,964 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $15,159,177 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $15,257,661 |
Interest on participant loans | 2011-12-31 | $8,059 |
Value of interest in common/collective trusts at end of year | 2011-12-31 | $1,665,167 |
Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $1,549,674 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $9,358 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $16,261 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $16,261 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $1 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-665,733 |
Net investment gain or loss from common/collective trusts | 2011-12-31 | $50,109 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $390,245 |
Employer contributions (assets) at end of year | 2011-12-31 | $390,245 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $342,746 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $2,147,922 |
Did the plan have assets held for investment | 2011-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | MURRY & MURRY LTD. |
Accountancy firm EIN | 2011-12-31 | 383642765 |
2010 : MAGENIC TECHNOLOGIES INC 401(K) PLAN 2010 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $4,367,601 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $1,389,564 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $1,386,862 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $2,204,073 |
Value of total assets at end of year | 2010-12-31 | $17,361,964 |
Value of total assets at beginning of year | 2010-12-31 | $14,383,927 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $2,702 |
Total interest from all sources | 2010-12-31 | $9,648 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $267,248 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $267,248 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $3,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $1,636,508 |
Participant contributions at end of year | 2010-12-31 | $195,622 |
Participant contributions at beginning of year | 2010-12-31 | $160,146 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $224,819 |
Administrative expenses (other) incurred | 2010-12-31 | $2,702 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $2,978,037 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $17,361,964 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $14,383,927 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $15,257,661 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $12,119,350 |
Interest on participant loans | 2010-12-31 | $9,647 |
Value of interest in common/collective trusts at end of year | 2010-12-31 | $1,549,674 |
Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $1,772,846 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $16,261 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $1 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $1,823,470 |
Net investment gain or loss from common/collective trusts | 2010-12-31 | $63,162 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $342,746 |
Employer contributions (assets) at end of year | 2010-12-31 | $342,746 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $331,585 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $1,386,862 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2010-12-31 | No |
Did the plan have assets held for investment | 2010-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | MURRY & MURRY LTD. |
Accountancy firm EIN | 2010-12-31 | 383642765 |
2009 : MAGENIC TECHNOLOGIES INC 401(K) PLAN 2009 401k financial data |
---|
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |