MOMENTUM MANUFACTURING GROUP has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MOMENTUM MANUFACTURING GROUP 401(K) PLAN
Measure | Date | Value |
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2022 : MOMENTUM MANUFACTURING GROUP 401(K) PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total transfer of assets to this plan | 2022-12-31 | $2,749,730 |
Total transfer of assets from this plan | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-1,060,363 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $1,239,055 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,144,283 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $2,255 |
Value of total corrective distributions | 2022-12-31 | $18,243 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,454,770 |
Value of total assets at end of year | 2022-12-31 | $15,264,565 |
Value of total assets at beginning of year | 2022-12-31 | $14,814,253 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $74,274 |
Total interest from all sources | 2022-12-31 | $10,788 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $724,065 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $724,065 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $1,063,595 |
Participant contributions at end of year | 2022-12-31 | $242,295 |
Participant contributions at beginning of year | 2022-12-31 | $177,118 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $133,817 |
Other income not declared elsewhere | 2022-12-31 | $932 |
Administrative expenses (other) incurred | 2022-12-31 | $74,274 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-2,299,418 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $15,264,565 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $14,814,253 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $15,022,270 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $14,637,135 |
Interest on participant loans | 2022-12-31 | $10,788 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-3,250,918 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $257,358 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,144,283 |
Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | GALLAGHER FLYNN & COMPANY |
Accountancy firm EIN | 2022-12-31 | 030225774 |
2020 : MOMENTUM MANUFACTURING GROUP 401(K) PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total transfer of assets to this plan | 2020-12-31 | $4,135 |
Total transfer of assets from 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 |
Total income from all sources (including contributions) | 2020-12-31 | $2,689,244 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $997,873 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $928,056 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $9,820 |
Value of total corrective distributions | 2020-12-31 | $22 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $935,759 |
Value of total assets at end of year | 2020-12-31 | $13,140,394 |
Value of total assets at beginning of year | 2020-12-31 | $11,444,888 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $59,975 |
Total interest from all sources | 2020-12-31 | $15,550 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $469,482 |
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 | $469,482 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
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 |
Contributions received from participants | 2020-12-31 | $705,276 |
Participant contributions at end of year | 2020-12-31 | $236,075 |
Participant contributions at beginning of year | 2020-12-31 | $309,075 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $133,348 |
Other income not declared elsewhere | 2020-12-31 | $47 |
Administrative expenses (other) incurred | 2020-12-31 | $59,975 |
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 | $1,691,371 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $13,140,394 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $11,444,888 |
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 | $12,904,319 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $11,135,813 |
Interest on participant loans | 2020-12-31 | $15,550 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,268,406 |
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 | $97,135 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $928,056 |
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 | Disclaimer |
Accountancy firm name | 2020-12-31 | GALLAGHER FLYNN & COMPANY |
Accountancy firm EIN | 2020-12-31 | 030225774 |
2018 : MOMENTUM MANUFACTURING GROUP 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 | $294,491 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $313,362 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $244,309 |
Value of total corrective distributions | 2018-12-31 | $7,497 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $555,725 |
Value of total assets at end of year | 2018-12-31 | $5,371,421 |
Value of total assets at beginning of year | 2018-12-31 | $5,390,292 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $61,556 |
Total interest from all sources | 2018-12-31 | $18,884 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $191,313 |
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 | $191,313 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $500,000 |
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 | $430,895 |
Participant contributions at end of year | 2018-12-31 | $355,492 |
Participant contributions at beginning of year | 2018-12-31 | $364,990 |
Participant contributions at beginning of year | 2018-12-31 | $6,238 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $6,755 |
Total non interest bearing cash at end of year | 2018-12-31 | $3,011 |
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 | $-18,871 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $5,371,421 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $5,390,292 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $3,626,797 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $3,577,869 |
Interest on participant loans | 2018-12-31 | $14,411 |
Interest earned on other investments | 2018-12-31 | $4,473 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $1,196,858 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $1,268,240 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $189,263 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $171,267 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-429,658 |
Net investment gain or loss from common/collective trusts | 2018-12-31 | $-41,773 |
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 | $118,075 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $1,688 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $244,309 |
Contract administrator fees | 2018-12-31 | $61,556 |
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 | GALLAGHER FLYNN & COMPANY |
Accountancy firm EIN | 2018-12-31 | 030225774 |