401k Plan data: MICROPROTEINS, INC. DEFINED BENEFIT PLAN plan

MICROPROTEINS, INC. DEFINED BENEFIT PLAN 401k Plan overview

Plan Name	MICROPROTEINS, INC. DEFINED BENEFIT PLAN
Plan identification number	001

MICROPROTEINS, INC. DEFINED BENEFIT PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

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

Company Name: MICROPROTEINS, INC.

Employer identification number (EIN): 820517235

NAIC Classification: 115110

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MICROPROTEINS, INC. DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2017-09-01
001 2016-09-01
001 2015-09-01
001 2014-09-01
001 2013-09-01
001 2012-09-01 LARRY BUTCHER PREPARER 2014-03-11
001 2011-09-01 KIM PAULSEN 2013-06-13 KIM PAULSEN 2013-06-13
001 2010-09-01 KIM PAULSEN 2012-06-04 KIM PAULSEN 2012-06-04
001 2008-09-01

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2017-09-01
001	2016-09-01
001	2015-09-01
001	2014-09-01
001	2013-09-01
001	2012-09-01	LARRY BUTCHER PREPARER	2014-03-11
001	2011-09-01	KIM PAULSEN	2013-06-13	KIM PAULSEN	2013-06-13
001	2010-09-01	KIM PAULSEN	2012-06-04	KIM PAULSEN	2012-06-04
001	2008-09-01

Plan Statistics for MICROPROTEINS, INC. DEFINED BENEFIT PLAN

401k plan membership statisitcs for MICROPROTEINS, INC. DEFINED BENEFIT PLAN

Measure Date Value
2018: MICROPROTEINS, INC. DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets 2018-08-31 4,874,305
Acturial value of plan assets 2018-08-31 4,874,305
Funding target for retired participants and beneficiaries receiving payment 2018-08-31 0
Number of terminated vested participants 2018-08-31 1
Fundng target for terminated vested participants 2018-08-31 1,883,149
Active participant vested funding target 2018-08-31 2,875,804
Number of active participants 2018-08-31 3
Total funding liabilities for active participants 2018-08-31 2,875,804
Total participant count 2018-08-31 4
Total funding target for all participants 2018-08-31 4,758,953
Balance at beginning of prior year after applicable adjustments 2018-08-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-08-31 150,000
Carryover balanced portion elected for use to offset prior years funding requirement 2018-08-31 0
Prefunding balanced used to offset prior years funding requirement 2018-08-31 0
Amount remaining of carryover balance 2018-08-31 0
Amount remaining of prefunding balance 2018-08-31 150,000
Present value of excess contributions 2018-08-31 3,496
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-08-31 3,714
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-08-31 0
Reductions in caryover balances due to elections or deemed elections 2018-08-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-08-31 4,320
Balance of carryovers at beginning of current year 2018-08-31 0
Balance of prefunding at beginning of current year 2018-08-31 150,000
Total employer contributions 2018-08-31 0
Total employee contributions 2018-08-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-08-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-08-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-08-31 0
Unpaid minimum required contributions for all prior years 2018-08-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-08-31 0
Remaining amount of unpaid minimum required contributions 2018-08-31 0
Minimum required contributions for current year target normal cost 2018-08-31 46,533
Net shortfall amortization installment of oustanding balance 2018-08-31 34,648
Total funding amount beforereflecting carryover/prefunding balances 2018-08-31 81,191
Carryover balance elected to use to offset funding requirement 2018-08-31 0
Prefunding balance elected to use to offset funding requirement 2018-08-31 81,191
Additional cash requirement 2018-08-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-08-31 0
Unpaid minimum required contributions for current year 2018-08-31 0
Unpaid minimum required contributions for all years 2018-08-31 0
2017: MICROPROTEINS, INC. DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets 2017-08-31 4,631,642
Acturial value of plan assets 2017-08-31 4,631,642
Funding target for retired participants and beneficiaries receiving payment 2017-08-31 0
Number of terminated vested participants 2017-08-31 0
Fundng target for terminated vested participants 2017-08-31 0
Active participant vested funding target 2017-08-31 4,968,930
Number of active participants 2017-08-31 4
Total funding liabilities for active participants 2017-08-31 4,968,930
Total participant count 2017-08-31 4
Total funding target for all participants 2017-08-31 4,968,930
Balance at beginning of prior year after applicable adjustments 2017-08-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-08-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2017-08-31 0
Prefunding balanced used to offset prior years funding requirement 2017-08-31 0
Amount remaining of carryover balance 2017-08-31 0
Amount remaining of prefunding balance 2017-08-31 0
Present value of excess contributions 2017-08-31 209,590
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-08-31 223,025
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-08-31 150,000
Reductions in caryover balances due to elections or deemed elections 2017-08-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-08-31 0
Balance of carryovers at beginning of current year 2017-08-31 0
Balance of prefunding at beginning of current year 2017-08-31 150,000
Total employer contributions 2017-08-31 111,647
Total employee contributions 2017-08-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-08-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-08-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-08-31 100,536
Liquidity shortfalls end of Q1 2017-08-31 0
Liquidity shortfalls end of Q2 2017-08-31 0
Liquidity shortfalls end of Q3 2017-08-31 0
Liquidity shortfalls end of Q4 2017-08-31 0
Unpaid minimum required contributions for all prior years 2017-08-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-08-31 0
Remaining amount of unpaid minimum required contributions 2017-08-31 0
Minimum required contributions for current year target normal cost 2017-08-31 0
Net shortfall amortization installment of oustanding balance 2017-08-31 487,288
Waiver amortization installment 2017-08-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-08-31 97,040
Additional cash requirement 2017-08-31 97,040
Contributions allocatedtoward minimum required contributions for current year 2017-08-31 100,536
Unpaid minimum required contributions for current year 2017-08-31 0
Unpaid minimum required contributions for all years 2017-08-31 0

Measure	Date	Value
2018: MICROPROTEINS, INC. DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets	2018-08-31	4,874,305
Acturial value of plan assets	2018-08-31	4,874,305
Funding target for retired participants and beneficiaries receiving payment	2018-08-31	0
Number of terminated vested participants	2018-08-31	1
Fundng target for terminated vested participants	2018-08-31	1,883,149
Active participant vested funding target	2018-08-31	2,875,804
Number of active participants	2018-08-31	3
Total funding liabilities for active participants	2018-08-31	2,875,804
Total participant count	2018-08-31	4
Total funding target for all participants	2018-08-31	4,758,953
Balance at beginning of prior year after applicable adjustments	2018-08-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-08-31	150,000
Carryover balanced portion elected for use to offset prior years funding requirement	2018-08-31	0
Prefunding balanced used to offset prior years funding requirement	2018-08-31	0
Amount remaining of carryover balance	2018-08-31	0
Amount remaining of prefunding balance	2018-08-31	150,000
Present value of excess contributions	2018-08-31	3,496
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-08-31	3,714
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-08-31	0
Reductions in caryover balances due to elections or deemed elections	2018-08-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-08-31	4,320
Balance of carryovers at beginning of current year	2018-08-31	0
Balance of prefunding at beginning of current year	2018-08-31	150,000
Total employer contributions	2018-08-31	0
Total employee contributions	2018-08-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-08-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-08-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-08-31	0
Unpaid minimum required contributions for all prior years	2018-08-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-08-31	0
Remaining amount of unpaid minimum required contributions	2018-08-31	0
Minimum required contributions for current year target normal cost	2018-08-31	46,533
Net shortfall amortization installment of oustanding balance	2018-08-31	34,648
Total funding amount beforereflecting carryover/prefunding balances	2018-08-31	81,191
Carryover balance elected to use to offset funding requirement	2018-08-31	0
Prefunding balance elected to use to offset funding requirement	2018-08-31	81,191
Additional cash requirement	2018-08-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-08-31	0
Unpaid minimum required contributions for current year	2018-08-31	0
Unpaid minimum required contributions for all years	2018-08-31	0
2017: MICROPROTEINS, INC. DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets	2017-08-31	4,631,642
Acturial value of plan assets	2017-08-31	4,631,642
Funding target for retired participants and beneficiaries receiving payment	2017-08-31	0
Number of terminated vested participants	2017-08-31	0
Fundng target for terminated vested participants	2017-08-31	0
Active participant vested funding target	2017-08-31	4,968,930
Number of active participants	2017-08-31	4
Total funding liabilities for active participants	2017-08-31	4,968,930
Total participant count	2017-08-31	4
Total funding target for all participants	2017-08-31	4,968,930
Balance at beginning of prior year after applicable adjustments	2017-08-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-08-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-08-31	0
Prefunding balanced used to offset prior years funding requirement	2017-08-31	0
Amount remaining of carryover balance	2017-08-31	0
Amount remaining of prefunding balance	2017-08-31	0
Present value of excess contributions	2017-08-31	209,590
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-08-31	223,025
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-08-31	150,000
Reductions in caryover balances due to elections or deemed elections	2017-08-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-08-31	0
Balance of carryovers at beginning of current year	2017-08-31	0
Balance of prefunding at beginning of current year	2017-08-31	150,000
Total employer contributions	2017-08-31	111,647
Total employee contributions	2017-08-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-08-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-08-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-08-31	100,536
Liquidity shortfalls end of Q1	2017-08-31	0
Liquidity shortfalls end of Q2	2017-08-31	0
Liquidity shortfalls end of Q3	2017-08-31	0
Liquidity shortfalls end of Q4	2017-08-31	0
Unpaid minimum required contributions for all prior years	2017-08-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-08-31	0
Remaining amount of unpaid minimum required contributions	2017-08-31	0
Minimum required contributions for current year target normal cost	2017-08-31	0
Net shortfall amortization installment of oustanding balance	2017-08-31	487,288
Waiver amortization installment	2017-08-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-08-31	97,040
Additional cash requirement	2017-08-31	97,040
Contributions allocatedtoward minimum required contributions for current year	2017-08-31	100,536
Unpaid minimum required contributions for current year	2017-08-31	0
Unpaid minimum required contributions for all years	2017-08-31	0

Financial Data on MICROPROTEINS, INC. DEFINED BENEFIT PLAN

Measure	Date	Value
2009 : MICROPROTEINS, INC. DEFINED BENEFIT PLAN 2009 401k financial data
Transfers to/from the plan	2009-08-31	$0
Total plan liabilities at end of year	2009-08-31	$39,440
Total plan liabilities at beginning of year	2009-08-31	$39,441
Total income from all sources	2009-08-31	$-130,471
Expenses. Total of all expenses incurred	2009-08-31	$39,440
Benefits paid (including direct rollovers)	2009-08-31	$0
Total plan assets at end of year	2009-08-31	$2,073,352
Total plan assets at beginning of year	2009-08-31	$2,243,264
Value of fidelity bond covering the plan	2009-08-31	$0
Assets. Value of tangible personal property	2009-08-31	$0
Total contributions received or receivable from participants	2009-08-31	$0
Assets. Value of loans (other than to participants)	2009-08-31	$0
Expenses. Other expenses not covered elsewhere	2009-08-31	$39,440
Contributions received from other sources (not participants or employers)	2009-08-31	$0
Other income received	2009-08-31	$-169,911
Noncash contributions received	2009-08-31	$0
Net income (gross income less expenses)	2009-08-31	$-169,911
Net plan assets at end of year (total assets less liabilities)	2009-08-31	$2,033,912
Net plan assets at beginning of year (total assets less liabilities)	2009-08-31	$2,203,823
Assets. Value of participant loans	2009-08-31	$0
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year	2009-08-31	$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year	2009-08-31	$0
Assets. Value of assets in partnership/joint-venture interests	2009-08-31	$0
Assets. Value of real-estate (other than employer real property)	2009-08-31	$0
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	2009-08-31	$0
Assets. Value of employer securities	2009-08-31	$0
Assets. Value of employer real property	2009-08-31	$0
Total contributions received or receivable from employer(s)	2009-08-31	$39,440
Value of certain deemed distributions of participant loans	2009-08-31	$0
Value of corrective distributions	2009-08-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2009-08-31	$0
Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers	2009-08-31	0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-08-31	$0
Funding deficiency by the employer to the plan for this plan year	2009-08-31	$0
Minimum employer required contribution for this plan year	2009-08-31	$0
Amount contributed by the employer to the plan for this plan year	2009-08-31	$0

Form 5500 Responses for MICROPROTEINS, INC. DEFINED BENEFIT PLAN

2008: MICROPROTEINS, INC. DEFINED BENEFIT PLAN 2008 form 5500 responses
2008-09-01	Type of plan entity	Single employer plan
2008-09-01	Submission has been amended	No
2008-09-01	This submission is the final filing	No
2008-09-01	This return/report is a short plan year return/report (less than 12 months)	No
2008-09-01	Plan is a collectively bargained plan	No

Insurance Providers Used on plan

NEW ENGLAND FINANCIAL (National Association of Insurance Commissioners NAIC id number: 91626 )

Policy contract number

P-83486

Policy instance

Insurance contract or identification number	P-83486
Number of Individuals Covered	2
Insurance policy start date	2008-09-01
Insurance policy end date	2009-08-31
Total amount of commissions paid to insurance broker	USD $2,351
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	Yes
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 plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Welfare Benefit Premiums Paid to Carrier	USD $0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $2,351
Amount paid for insurance broker fees	0
Insurance broker organization code?	3
Insurance broker name	NEW ENGLAND FINANCIAL

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Company Name:	MICROPROTEINS, INC.
Employer identification number (EIN):	820517235
NAIC Classification:	115110