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THE MARK IV CAPITAL 401(K) PLAN 401k Plan overview

Plan NameTHE MARK IV CAPITAL 401(K) PLAN
Plan identification number 001

THE MARK IV CAPITAL 401(K) 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

MARK IV CAPITAL, INC. has sponsored the creation of one or more 401k plans.

Company Name:MARK IV CAPITAL, INC.
Employer identification number (EIN):952864728
NAIC Classification:531390
NAIC Description:Other Activities Related to Real Estate

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE MARK IV CAPITAL 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01JEAN MOLONEY
0012023-01-01
0012023-01-01JEAN MOLONEY
0012022-01-01MICHAEL BEAUDOINII2023-06-14 MICHAEL BEAUDOINII2023-06-14
0012021-01-01STEPHEN METZGER2022-04-15 STEPHEN METZGER2022-04-15
0012020-01-01STEPHEN METZGER2021-07-26 STEPHEN METZGER2021-07-26
0012019-01-01STEPHEN METZGER2020-07-28 STEPHEN METZGER2020-07-28
0012018-01-01STEPHEN METZGER2019-08-29 STEPHEN METZGER2019-08-29
0012017-01-01STEPHEN METZGER2018-08-14 STEPHEN METZGER2018-08-14
0012016-01-01STEPHEN METZGER2017-05-08 STEPHEN METZGER2017-05-08
0012015-01-01STEPHEN METZGER2016-04-25 STEPHEN METZGER2016-04-25
0012014-01-01STEPHEN METZGER2015-07-13 STEPHEN METZGER2015-07-13
0012013-01-01STEPHEN METZGER2014-07-15 STEPHEN METZGER2014-07-15
0012012-01-01STEPHEN METZGER2013-07-16 STEPHEN METZGER2013-07-16
0012011-01-01STEPHEN METZGER2012-07-15 STEPHEN METZGER2012-07-15
0012010-01-01STEPHEN METZGER2011-06-24 STEPHEN METZGER2011-06-24

Financial Data on THE MARK IV CAPITAL 401(K) PLAN

Measure Date Value
2023 : THE MARK IV CAPITAL 401(K) PLAN 2023 401k financial data
Transfers to/from the plan2023-12-31$0
Total plan liabilities at end of year2023-12-31$0
Total plan liabilities at beginning of year2023-12-31$0
Total income from all sources2023-12-31$5,188,192
Expenses. Total of all expenses incurred2023-12-31$1,566,847
Benefits paid (including direct rollovers)2023-12-31$1,550,417
Total plan assets at end of year2023-12-31$21,678,610
Total plan assets at beginning of year2023-12-31$18,057,265
Value of fidelity bond covering the plan2023-12-31$500,000
Total contributions received or receivable from participants2023-12-31$652,254
Expenses. Other expenses not covered elsewhere2023-12-31$0
Contributions received from other sources (not participants or employers)2023-12-31$139,426
Other income received2023-12-31$3,354,563
Noncash contributions received2023-12-31$0
Net income (gross income less expenses)2023-12-31$3,621,345
Net plan assets at end of year (total assets less liabilities)2023-12-31$21,678,610
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$18,057,265
Assets. Value of participant loans2023-12-31$50,000
Total contributions received or receivable from employer(s)2023-12-31$1,041,949
Value of certain deemed distributions of participant loans2023-12-31$0
Value of corrective distributions2023-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$16,430
2022 : THE MARK IV CAPITAL 401(K) PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-04-150
Total liabilities as of the end of the plan year2022-04-150
Total liabilities as of the beginning of the plan year2022-04-150
Total expenses incurred by plan in this plan year2022-04-15171270
Net assets as of the end of the plan year2022-04-1524256344
Total assets as of the beginning of the plan year2022-04-1519267357
Value of plan covered by a fidelity bond2022-04-15500000
Participant contributions to plan in this plan year2022-04-15417284
Other expenses paid from plan in this plan year2022-04-150
Other contributions to plan in this plan year2022-04-1533495
Other income to plan in this plan year2022-04-154048309
Plan net income in this plan year2022-04-154988987
Net assets as of the end of the plan year2022-04-1524256344
Net assets as of the beginning of the plan year2022-04-1519267357
Employer contributions to plan in this plan year2022-04-15661169
Fees paid to broker by Benefit Provider2022-04-1521306
Expensese paid to adminstrative service provicers from plan in this plan year2022-04-1536230

Form 5500 Responses for THE MARK IV CAPITAL 401(K) PLAN

2023: THE MARK IV CAPITAL 401(K) PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement – InsuranceYes
2023-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number416272
Policy instance 1
Insurance contract or identification number416272
Number of Individuals Covered0
Insurance policy start date2023-01-01
Insurance policy end date2023-06-30
Total amount of commissions paid to insurance brokerUSD $9,291
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
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

Potentially related plans

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