MEGAKC CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MEGA INDUSTRIES CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST
401k plan membership statisitcs for MEGA INDUSTRIES CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST
| Measure | Date | Value |
|---|
| 2008: MEGA INDUSTRIES CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2008 401k membership |
|---|
| Total participants, beginning-of-year | 2008-01-01 | 42 |
| Total number of active participants reported on line 7a of the Form 5500 | 2008-01-01 | 34 |
| Number of other retired or separated participants entitled to future benefits | 2008-01-01 | 3 |
| Total of all active and inactive participants | 2008-01-01 | 37 |
| Total participants | 2008-01-01 | 37 |
| Number of participants with account balances | 2008-01-01 | 32 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2008-01-01 | 5 |
| 2007: MEGA INDUSTRIES CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2007 401k membership |
|---|
| Total participants, beginning-of-year | 2007-01-01 | 53 |
| Total number of active participants reported on line 7a of the Form 5500 | 2007-01-01 | 41 |
| Number of other retired or separated participants entitled to future benefits | 2007-01-01 | 3 |
| Total of all active and inactive participants | 2007-01-01 | 44 |
| Total participants | 2007-01-01 | 44 |
| Number of participants with account balances | 2007-01-01 | 38 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2007-01-01 | 3 |
| 2006: MEGA INDUSTRIES CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2006 401k membership |
|---|
| Total participants, beginning-of-year | 2006-01-01 | 52 |
| Total number of active participants reported on line 7a of the Form 5500 | 2006-01-01 | 62 |
| Number of retired or separated participants receiving benefits | 2006-01-01 | 1 |
| Number of other retired or separated participants entitled to future benefits | 2006-01-01 | 3 |
| Total of all active and inactive participants | 2006-01-01 | 66 |
| Total participants | 2006-01-01 | 66 |
| Number of participants with account balances | 2006-01-01 | 45 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2006-01-01 | 2 |
| 2005: MEGA INDUSTRIES CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2005 401k membership |
|---|
| Total participants, beginning-of-year | 2005-01-01 | 48 |
| Total number of active participants reported on line 7a of the Form 5500 | 2005-01-01 | 35 |
| Number of other retired or separated participants entitled to future benefits | 2005-01-01 | 3 |
| Total of all active and inactive participants | 2005-01-01 | 38 |
| Total participants | 2005-01-01 | 38 |
| Number of participants with account balances | 2005-01-01 | 33 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2005-01-01 | 6 |
| Measure | Date | Value |
|---|
| 2008 : MEGA INDUSTRIES CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2008 401k financial data |
|---|
| Total income from all sources | 2008-12-31 | $-342,059 |
| Expenses. Total of all expenses incurred | 2008-12-31 | $194,326 |
| Benefits paid (including direct rollovers) | 2008-12-31 | $185,202 |
| Total plan assets at end of year | 2008-12-31 | $837,981 |
| Total plan assets at beginning of year | 2008-12-31 | $1,374,366 |
| Value of fidelity bond covering the plan | 2008-12-31 | $1,000,000 |
| Total contributions received or receivable from participants | 2008-12-31 | $114,210 |
| Expenses. Other expenses not covered elsewhere | 2008-12-31 | $9,124 |
| Other income received | 2008-12-31 | $-456,269 |
| Net income (gross income less expenses) | 2008-12-31 | $-536,385 |
| Net plan assets at end of year (total assets less liabilities) | 2008-12-31 | $837,981 |
| Net plan assets at beginning of year (total assets less liabilities) | 2008-12-31 | $1,374,366 |
| Assets. Value of participant loans | 2008-12-31 | $6,774 |
| Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102 | 2008-12-31 | $286,979 |
| 2007 : MEGA INDUSTRIES CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2007 401k financial data |
|---|
| Total income from all sources | 2007-12-31 | $200,663 |
| Expenses. Total of all expenses incurred | 2007-12-31 | $48,058 |
| Benefits paid (including direct rollovers) | 2007-12-31 | $38,209 |
| Total plan assets at end of year | 2007-12-31 | $1,374,366 |
| Total plan assets at beginning of year | 2007-12-31 | $1,222,761 |
| Value of fidelity bond covering the plan | 2007-12-31 | $1,000,000 |
| Total contributions received or receivable from participants | 2007-12-31 | $127,750 |
| Expenses. Other expenses not covered elsewhere | 2007-12-31 | $9,849 |
| Other income received | 2007-12-31 | $72,913 |
| Net income (gross income less expenses) | 2007-12-31 | $152,605 |
| Net plan assets at end of year (total assets less liabilities) | 2007-12-31 | $1,374,366 |
| Net plan assets at beginning of year (total assets less liabilities) | 2007-12-31 | $1,222,761 |
| Assets. Value of participant loans | 2007-12-31 | $7,672 |
| Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102 | 2007-12-31 | $278,313 |
| 2006 : MEGA INDUSTRIES CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2006 401k financial data |
|---|
| Total income from all sources | 2006-12-31 | $263,951 |
| Expenses. Total of all expenses incurred | 2006-12-31 | $63,169 |
| Benefits paid (including direct rollovers) | 2006-12-31 | $54,629 |
| Total plan assets at end of year | 2006-12-31 | $1,222,761 |
| Total plan assets at beginning of year | 2006-12-31 | $1,021,979 |
| Value of fidelity bond covering the plan | 2006-12-31 | $1,000,000 |
| Total contributions received or receivable from participants | 2006-12-31 | $128,233 |
| Expenses. Other expenses not covered elsewhere | 2006-12-31 | $8,187 |
| Other income received | 2006-12-31 | $131,833 |
| Net income (gross income less expenses) | 2006-12-31 | $200,782 |
| Net plan assets at end of year (total assets less liabilities) | 2006-12-31 | $1,222,761 |
| Net plan assets at beginning of year (total assets less liabilities) | 2006-12-31 | $1,021,979 |
| Assets. Value of participant loans | 2006-12-31 | $622 |
| Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102 | 2006-12-31 | $211,405 |
| Total contributions received or receivable from employer(s) | 2006-12-31 | $3,885 |
| Value of corrective distributions | 2006-12-31 | $353 |
| 2005 : MEGA INDUSTRIES CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2005 401k financial data |
|---|
| Total income from all sources | 2005-12-31 | $260,271 |
| Expenses. Total of all expenses incurred | 2005-12-31 | $98,848 |
| Benefits paid (including direct rollovers) | 2005-12-31 | $92,548 |
| Total plan assets at end of year | 2005-12-31 | $1,021,979 |
| Total plan assets at beginning of year | 2005-12-31 | $860,556 |
| Value of fidelity bond covering the plan | 2005-12-31 | $1,000,000 |
| Total contributions received or receivable from participants | 2005-12-31 | $105,397 |
| Expenses. Other expenses not covered elsewhere | 2005-12-31 | $6,300 |
| Other income received | 2005-12-31 | $68,712 |
| Net income (gross income less expenses) | 2005-12-31 | $161,423 |
| Net plan assets at end of year (total assets less liabilities) | 2005-12-31 | $1,021,979 |
| Net plan assets at beginning of year (total assets less liabilities) | 2005-12-31 | $860,556 |
| Assets. Value of participant loans | 2005-12-31 | $946 |
| Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102 | 2005-12-31 | $93,792 |
| Total contributions received or receivable from employer(s) | 2005-12-31 | $86,162 |
| 2008: MEGA INDUSTRIES CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2008 form 5500 responses |
|---|
| 2008-01-01 | Type of plan entity | Single employer plan |
| 2008-01-01 | Submission has been amended | Yes |
| 2008-01-01 | This submission is the final filing | No |
| 2008-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2008-01-01 | Plan is a collectively bargained plan | No |
| 2008-01-01 | Plan funding arrangement – Insurance | Yes |
| 2008-01-01 | Plan funding arrangement – Trust | Yes |
| 2008-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2008-01-01 | Plan benefit arrangement - Trust | Yes |
| 2007: MEGA INDUSTRIES CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2007 form 5500 responses |
|---|
| 2007-01-01 | Type of plan entity | Single employer plan |
| 2007-01-01 | Submission has been amended | Yes |
| 2007-01-01 | This submission is the final filing | No |
| 2007-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2007-01-01 | Plan is a collectively bargained plan | No |
| 2007-01-01 | Plan funding arrangement – Insurance | Yes |
| 2007-01-01 | Plan funding arrangement – Trust | Yes |
| 2007-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2007-01-01 | Plan benefit arrangement - Trust | Yes |
| 2006: MEGA INDUSTRIES CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2006 form 5500 responses |
|---|
| 2006-01-01 | Type of plan entity | Single employer plan |
| 2006-01-01 | Submission has been amended | Yes |
| 2006-01-01 | This submission is the final filing | No |
| 2006-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2006-01-01 | Plan is a collectively bargained plan | No |
| 2006-01-01 | Plan funding arrangement – Insurance | Yes |
| 2006-01-01 | Plan funding arrangement – Trust | Yes |
| 2006-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2006-01-01 | Plan benefit arrangement - Trust | Yes |
| 2005: MEGA INDUSTRIES CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST 2005 form 5500 responses |
|---|
| 2005-01-01 | Type of plan entity | Single employer plan |
| 2005-01-01 | Submission has been amended | Yes |
| 2005-01-01 | This submission is the final filing | No |
| 2005-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2005-01-01 | Plan is a collectively bargained plan | No |
| 2005-01-01 | Plan funding arrangement – Insurance | Yes |
| 2005-01-01 | Plan funding arrangement – Trust | Yes |
| 2005-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2005-01-01 | Plan benefit arrangement - Trust | Yes |
| PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 ) |
| Policy contract number | 801424 |
| Policy instance | 1 |
| Insurance contract or identification number | 801424 | | Number of Individuals Covered | 37 | | Insurance policy start date | 2008-01-01 | | Insurance policy end date | 2008-12-31 | | Total amount of commissions paid to insurance broker | USD $5,648 | | Total amount of fees paid to insurance company | USD $1,263 | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | Yes | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
| PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 ) |
| Policy contract number | 801424 |
| Policy instance | 1 |
| Insurance contract or identification number | 801424 | | Number of Individuals Covered | 44 | | Insurance policy start date | 2007-01-01 | | Insurance policy end date | 2007-12-31 | | Total amount of commissions paid to insurance broker | USD $6,693 | | Total amount of fees paid to insurance company | USD $998 | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | Yes | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
| PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 ) |
| Policy contract number | 801424 |
| Policy instance | 1 |
| Insurance contract or identification number | 801424 | | Number of Individuals Covered | 66 | | Insurance policy start date | 2006-01-01 | | Insurance policy end date | 2006-12-31 | | Total amount of commissions paid to insurance broker | USD $5,756 | | Total amount of fees paid to insurance company | USD $1,388 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
| PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 ) |
| Policy contract number | 801424 |
| Policy instance | 1 |
| Insurance contract or identification number | 801424 | | Number of Individuals Covered | 38 | | Insurance policy start date | 2005-01-01 | | Insurance policy end date | 2005-12-31 | | Total amount of commissions paid to insurance broker | USD $2,949 | | Total amount of fees paid to insurance company | USD $808 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
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