THE MEIBORG COMPANIES, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MEIBORG BROS, INC. 401(K) PLAN
| Measure | Date | Value |
|---|
| 2020 : MEIBORG BROS, INC. 401(K) PLAN 2020 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $7,550 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $20,744 |
| Total income from all sources (including contributions) | 2020-12-31 | $336,563 |
| Total of all expenses incurred | 2020-12-31 | $52,903 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $24,151 |
| Value of total corrective distributions | 2020-12-31 | $20,744 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $226,382 |
| Value of total assets at end of year | 2020-12-31 | $919,973 |
| Value of total assets at beginning of year | 2020-12-31 | $649,507 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $8,008 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $31,220 |
| 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 | $31,220 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $100,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $195,352 |
| Participant contributions at end of year | 2020-12-31 | $3,601 |
| Participant contributions at beginning of year | 2020-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $1,896 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $7,550 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $20,744 |
| 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 |
| Value of net income/loss | 2020-12-31 | $283,660 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $912,423 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $628,763 |
| 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 |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $887,238 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $649,507 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $78,961 |
| 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 | $29,134 |
| Employer contributions (assets) at end of year | 2020-12-31 | $29,134 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $24,151 |
| Contract administrator fees | 2020-12-31 | $8,008 |
| 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 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | KATZ, SAPPER & MILLER, LLP |
| Accountancy firm EIN | 2020-12-31 | 351090346 |
| 2019 : MEIBORG BROS, INC. 401(K) PLAN 2019 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $20,744 |
| Total income from all sources (including contributions) | 2019-12-31 | $218,902 |
| Total of all expenses incurred | 2019-12-31 | $46,866 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $41,969 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $118,319 |
| Value of total assets at end of year | 2019-12-31 | $649,507 |
| Value of total assets at beginning of year | 2019-12-31 | $456,727 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $4,897 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $17,297 |
| 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 | $17,297 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $100,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $118,319 |
| Participant contributions at end of year | 2019-12-31 | $0 |
| Participant contributions at beginning of year | 2019-12-31 | $17,931 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $20,744 |
| 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 | $172,036 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $628,763 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $456,727 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $649,507 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $407,575 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $16,197 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $83,286 |
| 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 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Employer contributions (assets) at end of year | 2019-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $15,024 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $41,969 |
| Contract administrator fees | 2019-12-31 | $4,897 |
| 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 | 2019-12-31 | Yes |
| 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 | KATZ, SAPPER & MILLER, LLP |
| Accountancy firm EIN | 2019-12-31 | 351090346 |
