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MACKELLAR, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameMACKELLAR, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

MACKELLAR, INC. 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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 sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

MACKELLAR, INC. has sponsored the creation of one or more 401k plans.

Company Name:MACKELLAR, INC.
Employer identification number (EIN):730642243
NAIC Classification:221210
NAIC Description:Natural Gas Distribution

Additional information about MACKELLAR, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 2016-07-11
Company Identification Number: P16000058434
Legal Registered Office Address: 5575 S. SEMORAN BLVD

ORLANDO

32822

More information about MACKELLAR, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MACKELLAR, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01BRUCE MACKELLAR2023-07-24
0012021-01-01BRUCE MACKELLAR2022-09-30
0012020-01-01DEBBY BOND2021-07-29 J BRUCE MACKELLAR2021-07-29
0012019-01-01DEBBY BOND2020-06-16 BRUCE MACKELLAR2020-06-16
0012018-01-01DEBBY BOND2019-07-11 BRUCE MACKELLAR2019-07-11
0012017-01-01DEBBY BOND2018-07-13 BRUCE MACKELLAR2018-07-13
0012016-01-01DEBBY BOND2017-06-16 BRUCE MACKELLAR2017-06-16
0012015-01-01DEBBY BOND2016-07-07 BRUCE MACKELLAR2016-07-07
0012014-01-01DEBBY BOND J. BRUCE MACKELLAR2015-07-16
0012013-01-01DEBBY DOST J. BRUCE MACKELLAR2014-07-09
0012012-01-01DEBBY DOST J. BRUCE MACKELLAR2013-07-23
0012011-01-01DEBBY DOST J. BRUCE MACKELLAR2012-08-27
0012009-01-01DEBBY DOST J. BRUCE MACKELLAR2010-08-26

Plan Statistics for MACKELLAR, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for MACKELLAR, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2014: MACKELLAR, INC. 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0130
Total number of active participants reported on line 7a of the Form 55002014-01-0128
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-016
Total of all active and inactive participants2014-01-0134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0134
Number of participants with account balances2014-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-011
2013: MACKELLAR, INC. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0134
Total number of active participants reported on line 7a of the Form 55002013-01-0125
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-013
Total of all active and inactive participants2013-01-0128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0128
Number of participants with account balances2013-01-0117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: MACKELLAR, INC. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0136
Total number of active participants reported on line 7a of the Form 55002012-01-0127
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-014
Total of all active and inactive participants2012-01-0131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0131
Number of participants with account balances2012-01-0127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-013
2011: MACKELLAR, INC. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0140
Total number of active participants reported on line 7a of the Form 55002011-01-0131
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-014
Total of all active and inactive participants2011-01-0135
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0135
Number of participants with account balances2011-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: MACKELLAR, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0136
Total number of active participants reported on line 7a of the Form 55002009-01-0134
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-016
Total of all active and inactive participants2009-01-0140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0140
Number of participants with account balances2009-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-013

Financial Data on MACKELLAR, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2014 : MACKELLAR, INC. 401(K) PROFIT SHARING PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total income from all sources2014-12-31$174,376
Expenses. Total of all expenses incurred2014-12-31$31,649
Benefits paid (including direct rollovers)2014-12-31$20,063
Total plan assets at end of year2014-12-31$1,812,732
Total plan assets at beginning of year2014-12-31$1,670,005
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$85,635
Expenses. Other expenses not covered elsewhere2014-12-31$431
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$72,228
Net income (gross income less expenses)2014-12-31$142,727
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,812,732
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,670,005
Assets. Value of participant loans2014-12-31$71,365
Total contributions received or receivable from employer(s)2014-12-31$16,513
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$11,155
Funding deficiency by the employer to the plan for this plan year2014-12-31$0
Minimum employer required contribution for this plan year2014-12-31$0
Amount contributed by the employer to the plan for this plan year2014-12-31$0
2013 : MACKELLAR, INC. 401(K) PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total income from all sources2013-12-31$267,753
Expenses. Total of all expenses incurred2013-12-31$72,678
Benefits paid (including direct rollovers)2013-12-31$62,153
Total plan assets at end of year2013-12-31$1,670,005
Total plan assets at beginning of year2013-12-31$1,474,930
Value of fidelity bond covering the plan2013-12-31$500,000
Total contributions received or receivable from participants2013-12-31$77,711
Expenses. Other expenses not covered elsewhere2013-12-31$157
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$176,480
Net income (gross income less expenses)2013-12-31$195,075
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,670,005
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,474,930
Assets. Value of participant loans2013-12-31$26,540
Total contributions received or receivable from employer(s)2013-12-31$13,562
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$10,368
Funding deficiency by the employer to the plan for this plan year2013-12-31$0
Minimum employer required contribution for this plan year2013-12-31$0
Amount contributed by the employer to the plan for this plan year2013-12-31$0
2012 : MACKELLAR, INC. 401(K) PROFIT SHARING PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total income from all sources2012-12-31$251,004
Expenses. Total of all expenses incurred2012-12-31$295,867
Benefits paid (including direct rollovers)2012-12-31$295,699
Total plan assets at end of year2012-12-31$1,474,930
Total plan assets at beginning of year2012-12-31$1,519,793
Value of fidelity bond covering the plan2012-12-31$500,000
Total contributions received or receivable from participants2012-12-31$74,397
Expenses. Other expenses not covered elsewhere2012-12-31$168
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$163,685
Net income (gross income less expenses)2012-12-31$-44,863
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,474,930
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,519,793
Assets. Value of participant loans2012-12-31$43,471
Total contributions received or receivable from employer(s)2012-12-31$12,922
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$0
Amount contributed by the employer to the plan for this plan year2012-12-31$0
2011 : MACKELLAR, INC. 401(K) PROFIT SHARING PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total income from all sources2011-12-31$56,362
Expenses. Total of all expenses incurred2011-12-31$35,519
Benefits paid (including direct rollovers)2011-12-31$21,916
Total plan assets at end of year2011-12-31$1,519,793
Total plan assets at beginning of year2011-12-31$1,498,950
Value of fidelity bond covering the plan2011-12-31$500,000
Total contributions received or receivable from participants2011-12-31$90,492
Expenses. Other expenses not covered elsewhere2011-12-31$214
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-50,812
Net income (gross income less expenses)2011-12-31$20,843
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,519,793
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,498,950
Assets. Value of participant loans2011-12-31$70,235
Total contributions received or receivable from employer(s)2011-12-31$16,682
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$13,389
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$0
Amount contributed by the employer to the plan for this plan year2011-12-31$0
2010 : MACKELLAR, INC. 401(K) PROFIT SHARING PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total income from all sources2010-12-31$304,609
Expenses. Total of all expenses incurred2010-12-31$8,790
Benefits paid (including direct rollovers)2010-12-31$8,629
Total plan assets at end of year2010-12-31$1,498,950
Total plan assets at beginning of year2010-12-31$1,203,131
Value of fidelity bond covering the plan2010-12-31$500,000
Total contributions received or receivable from participants2010-12-31$97,984
Expenses. Other expenses not covered elsewhere2010-12-31$161
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$189,393
Net income (gross income less expenses)2010-12-31$295,819
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,498,950
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,203,131
Assets. Value of participant loans2010-12-31$45,543
Total contributions received or receivable from employer(s)2010-12-31$17,232
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$0
Amount contributed by the employer to the plan for this plan year2010-12-31$0
2009 : MACKELLAR, INC. 401(K) PROFIT SHARING PLAN 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$0
Amount contributed by the employer to the plan for this plan year2009-12-31$0

Form 5500 Responses for MACKELLAR, INC. 401(K) PROFIT SHARING PLAN

2014: MACKELLAR, INC. 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
2013: MACKELLAR, INC. 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
2012: MACKELLAR, INC. 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
2011: MACKELLAR, INC. 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
2009: MACKELLAR, INC. 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

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-711492
Policy instance 1
Insurance contract or identification numberGA-711492
Number of Individuals Covered20
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $4,928
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 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 $4,928
Insurance broker organization code?3
Insurance broker nameMERRILL LYNCH LIFE AGENCY INC
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-711492
Policy instance 1
Insurance contract or identification numberGA-711492
Number of Individuals Covered20
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $4,357
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 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
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-711492
Policy instance 1
Insurance contract or identification numberGA-711492
Number of Individuals Covered20
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $3,564
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 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 $3,564
Insurance broker organization code?3
Insurance broker nameMERRILL LYNCH LIFE AGENCY

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