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Filing

Mereen-Johnson Machine Company 401K Profit Sharing Plan

Mereen-Johnson Machine Company • EIN 41-0406700 • Plan year 2001

Company ProfileSource Archive
Filing Insights

Participants

Down

131 → 99

-32 • -24.43%

Assets

Down

$6,599,493 → $5,995,678

-$603,815 • -9.15%

Investment Management Fee

0.82%

$51,628

Admin expenses $51,628 • Total expenses $356,662

Filing Details

Context
Net investment result
$-609,880
Pension payor EIN
41-1612431

Status Flags

Fidelity bond in place

Yes

Limited-scope audit performed

Not reported

Contributions transmitted on time

No

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

No

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Yes

5% transactions reported

No

All plan assets distributed

No

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

No

Counterparties
ProviderServicesLocationDirect CompensationRelated
LARSON ALLEN WEISHAIR & CO LLPEIN 41-0746749Accountant--Larson Allen Weishair & Co LLP

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
201310$0$0-
Mereen-Johnson Machine Company Employee Stock Ownership Plan-0---
2012236$0$0-
Mereen-Johnson Machine Company 401K Profit Sharing Plan-0$0$0-
Mereen-Johnson Machine Company Employee Stock Ownership Plan-36---
2011248$5,108,713$75,288$1,569iApproximate average salary by contribution assumption: employee only about $39,213 at 4% or $26,142 at 6%; with 50% employer match about $26,142 at 4% or $17,428 at 6%; with 100% employer match about $19,606 at 4% or $13,071 at 6%.
Mereen-Johnson Machine Company 401K Profit Sharing Plan-48$4,730,992$75,288$1,569iApproximate average salary by contribution assumption: employee only about $39,213 at 4% or $26,142 at 6%; with 50% employer match about $26,142 at 4% or $17,428 at 6%; with 100% employer match about $19,606 at 4% or $13,071 at 6%.
Mereen-Johnson Machine Company Employee Stock Ownership Plan-36$377,721--
2010237$5,578,003$65,633$1,774iApproximate average salary by contribution assumption: employee only about $44,347 at 4% or $29,564 at 6%; with 50% employer match about $29,564 at 4% or $19,710 at 6%; with 100% employer match about $22,173 at 4% or $14,782 at 6%.
Mereen-Johnson Machine Company 401K Profit Sharing Plan-37$5,100,739$65,633$1,774iApproximate average salary by contribution assumption: employee only about $44,347 at 4% or $29,564 at 6%; with 50% employer match about $29,564 at 4% or $19,710 at 6%; with 100% employer match about $22,173 at 4% or $14,782 at 6%.
Mereen-Johnson Machine Company Employee Stock Ownership Plan-36$477,264--
2009237$5,499,123$112,843$3,050iApproximate average salary by contribution assumption: employee only about $76,245 at 4% or $50,830 at 6%; with 50% employer match about $50,830 at 4% or $33,887 at 6%; with 100% employer match about $38,123 at 4% or $25,415 at 6%.
Mereen-Johnson Machine Company 401K Profit Sharing Plan-37$4,862,899$112,843$3,050iApproximate average salary by contribution assumption: employee only about $76,245 at 4% or $50,830 at 6%; with 50% employer match about $50,830 at 4% or $33,887 at 6%; with 100% employer match about $38,123 at 4% or $25,415 at 6%.
Mereen-Johnson Machine Company Employee Stock Ownership Plan-36$636,224--
2008251$5,700,495$280,008$5,490iApproximate average salary by contribution assumption: employee only about $137,259 at 4% or $91,506 at 6%; with 50% employer match about $91,506 at 4% or $61,004 at 6%; with 100% employer match about $68,629 at 4% or $45,753 at 6%.
Mereen-Johnson Machine Company 401K Profit Sharing Plan-51$4,923,327$280,008$5,490iApproximate average salary by contribution assumption: employee only about $137,259 at 4% or $91,506 at 6%; with 50% employer match about $91,506 at 4% or $61,004 at 6%; with 100% employer match about $68,629 at 4% or $45,753 at 6%.
Mereen-Johnson Machine Company Employee Stock Ownership Plan-44$777,168--
2007257$7,318,880$446,654$7,836iApproximate average salary by contribution assumption: employee only about $195,901 at 4% or $130,601 at 6%; with 50% employer match about $130,601 at 4% or $87,067 at 6%; with 100% employer match about $97,950 at 4% or $65,300 at 6%.
Mereen-Johnson Machine Company 401K Profit Sharing Plan-57$7,318,880$446,654$7,836iApproximate average salary by contribution assumption: employee only about $195,901 at 4% or $130,601 at 6%; with 50% employer match about $130,601 at 4% or $87,067 at 6%; with 100% employer match about $97,950 at 4% or $65,300 at 6%.
Mereen-Johnson Machine Company Employee Stock Ownership Plan-51---
2006369$8,722,172$334,267$4,844iApproximate average salary by contribution assumption: employee only about $121,111 at 4% or $80,741 at 6%; with 50% employer match about $80,741 at 4% or $53,827 at 6%; with 100% employer match about $60,556 at 4% or $40,370 at 6%.
Mereen-Johnson Machine Company 401K Profit Sharing Plan-66$7,373,771$334,267$5,065iApproximate average salary by contribution assumption: employee only about $126,616 at 4% or $84,411 at 6%; with 50% employer match about $84,411 at 4% or $56,274 at 6%; with 100% employer match about $63,308 at 4% or $42,205 at 6%.
Mereen-Johnson Machine Company Employee Stock Ownership Plan-62$1,348,401--
MEREEN-JOHNSON MACHINE COMPANY MEDICAL BENEFIT PLAN-69---
2005393$7,581,167$363,835$3,912iApproximate average salary by contribution assumption: employee only about $97,805 at 4% or $65,203 at 6%; with 50% employer match about $65,203 at 4% or $43,469 at 6%; with 100% employer match about $48,903 at 4% or $32,602 at 6%.
Mereen-Johnson Machine Company 401K Profit Sharing Plan-67$6,248,653$363,835$5,430iApproximate average salary by contribution assumption: employee only about $135,759 at 4% or $90,506 at 6%; with 50% employer match about $90,506 at 4% or $60,337 at 6%; with 100% employer match about $67,880 at 4% or $45,253 at 6%.
Mereen-Johnson Machine Company Employee Stock Ownership Plan-62$1,332,514--
MEREEN-JOHNSON MACHINE COMPANY MEDICAL BENEFIT PLAN-93---
20043105$7,734,811$353,393$3,366iApproximate average salary by contribution assumption: employee only about $84,141 at 4% or $56,094 at 6%; with 50% employer match about $56,094 at 4% or $37,396 at 6%; with 100% employer match about $42,071 at 4% or $28,047 at 6%.
Mereen-Johnson Machine Company 401K Profit Sharing Plan-70$6,761,579$353,393$5,048iApproximate average salary by contribution assumption: employee only about $126,212 at 4% or $84,141 at 6%; with 50% employer match about $84,141 at 4% or $56,094 at 6%; with 100% employer match about $63,106 at 4% or $42,071 at 6%.
Mereen-Johnson Machine Company Employee Stock Ownership Plan-69$973,232--
MEREEN-JOHNSON MACHINE COMPANY MEDICAL BENEFIT PLAN-105---
20033121$7,452,882$330,343$2,730iApproximate average salary by contribution assumption: employee only about $68,253 at 4% or $45,502 at 6%; with 50% employer match about $45,502 at 4% or $30,335 at 6%; with 100% employer match about $34,126 at 4% or $22,751 at 6%.
Mereen-Johnson Machine Company 401K Profit Sharing Plan-98$6,329,859$298,212$3,043iApproximate average salary by contribution assumption: employee only about $76,074 at 4% or $50,716 at 6%; with 50% employer match about $50,716 at 4% or $33,811 at 6%; with 100% employer match about $38,037 at 4% or $25,358 at 6%.
Mereen-Johnson Machine Company Employee Stock Ownership Plan-78$1,123,023$32,131$412iApproximate average salary by contribution assumption: employee only about $10,298 at 4% or $6,866 at 6%; with 50% employer match about $6,866 at 4% or $4,577 at 6%; with 100% employer match about $5,149 at 4% or $3,433 at 6%.
MEREEN-JOHNSON MACHINE COMPANY EMPLOYEE MEDICAL BENEFIT PLAN-121---
20023145$7,339,934$366,124$2,525iApproximate average salary by contribution assumption: employee only about $63,125 at 4% or $42,083 at 6%; with 50% employer match about $42,083 at 4% or $28,055 at 6%; with 100% employer match about $31,562 at 4% or $21,042 at 6%.
Mereen-Johnson Machine Company 401K Profit Sharing Plan-95$5,090,080$366,124$3,854iApproximate average salary by contribution assumption: employee only about $96,348 at 4% or $64,232 at 6%; with 50% employer match about $64,232 at 4% or $42,822 at 6%; with 100% employer match about $48,174 at 4% or $32,116 at 6%.
Mereen-Johnson Machine Company Employee Stock Ownership Plan-88$2,249,854--
MEREEN-JOHNSON MACHINE COMPANY EMPLOYEE MEDICAL BENEFIT PLAN-145---
20013133$8,638,756$364,146$2,738iApproximate average salary by contribution assumption: employee only about $68,448 at 4% or $45,632 at 6%; with 50% employer match about $45,632 at 4% or $30,422 at 6%; with 100% employer match about $34,224 at 4% or $22,816 at 6%.
Mereen-Johnson Machine Company 401K Profit Sharing PlanCurrent99$5,995,678$364,146$3,678iApproximate average salary by contribution assumption: employee only about $91,956 at 4% or $61,304 at 6%; with 50% employer match about $61,304 at 4% or $40,869 at 6%; with 100% employer match about $45,978 at 4% or $30,652 at 6%.
Mereen-Johnson Machine Company Employee Stock Ownership Plan-98$2,643,078--
MEREEN-JOHNSON MACHINE COMPANY EMPLOYEE MEDICAL BENEFIT PLAN-133---
20002113$10,033,209$697,209$6,170iApproximate average salary by contribution assumption: employee only about $154,250 at 4% or $102,833 at 6%; with 50% employer match about $102,833 at 4% or $68,555 at 6%; with 100% employer match about $77,125 at 4% or $51,417 at 6%.
Mereen-Johnson Machine Company 401K Profit Sharing Plan-113$6,599,493$697,209$6,170iApproximate average salary by contribution assumption: employee only about $154,250 at 4% or $102,833 at 6%; with 50% employer match about $102,833 at 4% or $68,555 at 6%; with 100% employer match about $77,125 at 4% or $51,417 at 6%.
Mereen-Johnson Machine Company Employee Stock Ownership Plan-105$3,433,716--
19991112$7,495,707$680,498$6,076iApproximate average salary by contribution assumption: employee only about $151,897 at 4% or $101,265 at 6%; with 50% employer match about $101,265 at 4% or $67,510 at 6%; with 100% employer match about $75,948 at 4% or $50,632 at 6%.
Mereen-Johnson Machine Company 401K Profit Sharing Plan-112$7,495,707$680,498$6,076iApproximate average salary by contribution assumption: employee only about $151,897 at 4% or $101,265 at 6%; with 50% employer match about $101,265 at 4% or $67,510 at 6%; with 100% employer match about $75,948 at 4% or $50,632 at 6%.
Schedule Details

Schedule C

Schedule C Provider

Provider 1

Provider details

Source fields
Row 1
Filing Id
84037128009813
Page Id
1
Page Seq
0
Page Row Num
1
Row Num
0
Image Form Id
1040373128009060002
Provider 01 Position
CONTRACT ADMINISTRATOR
Provider 01 Salary Amount
$0
Provider 01 Fees Amount
$0
Provider 01 Srvc Code
12
Row 2
Filing Id
84037128009813
Page Id
1
Page Seq
0
Page Row Num
1
Row Num
0
Image Form Id
1040373128009060002

Schedule C Provider

Provider 2

Provider details

Source fields
Row 3
Filing Id
84037128009813
Page Id
1
Page Seq
0
Page Row Num
2
Row Num
1
Image Form Id
1040373128009060002
Provider 01 Name
U.S. TRUST COMPANY
Provider 01 EIN
13-3818954
Provider 01 Relation
NONE
Provider 01 Salary Amount
$0
Provider 01 Fees Amount
$51,628
Provider 01 Srvc Code
2100

Schedule C Provider

Provider 3

Provider details

Source fields
Row 4
Filing Id
84037128009813
Schedule C EIN
41-0406700
Schedule C Plan number
001
Schedule C Plan Year Begin Date
2001-01-01
Schedule C Tax Period
20011231
Provider Total Comp Paid Amount
$0

Schedule H

Schedule H Financial Statement

Large plan result

Assets, contributions, fees, audit, and compliance fields reported for this large-plan filing.

End-of-year assets$5,995,678-$603,815 change

Balance Sheet

Beginning and end of plan year.

Total assets$6,599,493$5,995,678Decrease -$603,815 (-9.15%)
Total liabilities$0$6,065Increase +$6,065
Net assets$6,599,493$5,989,613Decrease -$609,880 (-9.24%)

Contributions

Employer contributions$96,604
Participant contributions$267,542
Other contributions$0
Total contributions$364,146

Income & Investment Result

Total income$-253,218
Interest$18,620
Dividends$0
Net income$-609,880

Expenses & Fees

Benefits paid$302,122
Investment management$51,628
Administrative expenses$51,628
Total expenses$356,662

Accountant

FirmLARSON ALLEN WEISHAIR & CO LLP
Firm EIN41-0746749

Compliance

Fidelity bondYes
Fidelity bond amount$900,000
Participant loans$153,583
Late contributionsNo
Schedule H source fields
Financial summary
Total assets at beginning of year: $6,599,493Total assets at end of year: $5,995,678Total liabilities at end of year: $6,065Net income or loss: $-609,880
Filing Id
84037128009813
Schedule H EIN
41-0406700
Schedule H Plan number
001
Schedule H Plan Year Begin Date
2001-01-01
Schedule H Tax Period
20011231
Non Interest Bear Cash Beginning of year Amount
$52,071
Employer Contribution Beginning of year Amount
$372,162
Participants Contribution Beginning of year Amount
$26,886
Other Receivables Beginning of year Amount
$371,380
Interest Bear Cash Beginning of year Amount
$0
Govt Sec Beginning of year Amount
$0
Corp Debt Preferred Beginning of year Amount
$0
Corp Debt Other Beginning of year Amount
$0
Pref Stock Beginning of year Amount
$0
Common Stock Beginning of year Amount
$0
Joint Venture Beginning of year Amount
$0
Real Estate Beginning of year Amount
$0
Other Loans Beginning of year Amount
$0
Participant loans at beginning of year
$166,278
Interest Common Tr Beginning of year Amount
$0
Interest Pool Sep Account Beginning of year Amount
$0
Interest Master Tr Beginning of year Amount
$0
Interest 103 12 Investment Beginning of year Amount
$0
Interest in registered investment companies at beginning of year
$5,610,716
Ins Co Gen Account Beginning of year Amount
$0
Oth Investment Beginning of year Amount
$0
Employer Sec Beginning of year Amount
$0
Employer Prop Beginning of year Amount
$0
Bldgs Used Beginning of year Amount
$0
Total assets at beginning of year
$6,599,493
Bnfts Payable Beginning of year Amount
$0
Oprtng Payable Beginning of year Amount
$0
Acquis Indbt Beginning of year Amount
$0
Other Liability Beginning of year Amount
$0
Total liabilities at beginning of year
$0
Net assets at beginning of year
$6,599,493
Non Interest Bear Cash End of year Amount
$93,718
Employer Contribution End of year Amount
$96,604
Participants Contribution End of year Amount
$14,988
Other Receivables End of year Amount
$4,046
Interest Bear Cash End of year Amount
$0
Govt Sec End of year Amount
$0
Corp Debt Preferred End of year Amount
$0
Corp Debt Other End of year Amount
$0
Pref Stock End of year Amount
$0
Common Stock End of year Amount
$0
Joint Venture End of year Amount
$0
Real Estate End of year Amount
$0
Other Loans End of year Amount
$0
Participant loans at end of year
$153,583
Interest Common Tr End of year Amount
$0
Interest Pool Sep Account End of year Amount
$0
Interest Master Tr End of year Amount
$0
Interest 103 12 Investment End of year Amount
$0
Interest in registered investment companies at end of year
$5,632,739
Ins Co Gen Account End of year Amount
$0
Oth Investment End of year Amount
$0
Employer Sec End of year Amount
$0
Employer Prop End of year Amount
$0
Bldgs Used End of year Amount
$0
Total assets at end of year
$5,995,678
Bnfts Payable End of year Amount
$0
Oprtng Payable End of year Amount
$0
Acquis Indbt End of year Amount
$0
Other Liability End of year Amount
$6,065
Total liabilities at end of year
$6,065
Net assets at end of year
$5,989,613
Employer contributions
$96,604
Participant contributions
$267,542
Oth Contribution Rcvd Amount
$0
Non Cash Contribution Bs Amount
$0
Total contributions
$364,146
Interest Bear Cash Amount
$2,516
Interest On Govt Sec Amount
$0
Interest On Corp Debt Amount
$0
Interest On Oth Loans Amount
$0
Interest on participant loans
$16,104
Interest On Oth Investment Amount
$0
Total interest income
$18,620
Divnd Pref Stock Amount
$0
Divnd Common Stock Amount
$0
Total dividend income
$0
Total Rents Amount
$0
Aggregate Proceeds Amount
$0
Aggregate Costs Amount
$0
Net gain or loss on sale of assets
$0
Unrealized Apprctn Re Amount
$0
Unrealized Apprctn Oth Amount
$0
Net unrealized appreciation or depreciation
$0
Gain Loss Com Trust Amount
$0
Gain Loss Pool Sep Amount
$0
Gain Loss Master Tr Amount
$0
Gain Loss 103 12 Investment Amount
$0
Gain or loss on registered investments
$-635,984
Other Income Amount
$0
Total income
$-253,218
Participant distributions
$302,122
Ins Carrier Bnfts Amount
$0
Oth Bnft Payment Amount
$0
Total benefit distributions
$302,122
Total Corrective Distribution Amount
$0
Total Dm Distribution Ptcp Lns A
2912
Total Interest Expense Amount
$0
Professional Fees Amount
$0
Contract Admin Fees Amount
$0
Investment management fees
$51,628
Other Admin Fees Amount
$0
Total administrative expenses
$51,628
Total expenses
$356,662
Net income or loss
$-609,880
Total Transfers To Amount
$0
Transfers from other plans
$0
Accountant Opinion Type Indicator
3
Account Performed Limited Audit Indicator
Yes
Accountant firm name
LARSON ALLEN WEISHAIR & CO LLP
Accountant firm EIN
41-0746749
Failed to transmit participant contributions on time
No
Fail Transmit Contribution Amount
$0
Participant loans in default
No
Loans In Default Amount
$0
Leases in default
No
Leases In Default Amount
$0
Nonexempt transactions with parties in interest
No
Party In Interest Not Reported Amount
$0
Fidelity bond in place
Yes
Fidelity bond amount
$900,000
Loss discovered during year
No
Loss Discovered Dur Year Amount
$0
Assets with undetermined value
No
Asset Undeterm Valuation Amount
$0
Non-cash contributions reported
No
Non Cash Contribution Amount
$0
Assets held for investment
Yes
Reportable 5% transactions
No
All plan assets distributed
No
Resolution to terminate plan adopted
No
Res Terminate Plan Adpt Amount
$0

Schedule R

Schedule R Pension Information

Retirement plan characteristics

Testing, payor, opinion-letter, and transfer information reported with the filing.

Pension & Payor

Payor EIN41-1612431

Transfers

Distributed property value$0
Schedule R source fields
Payor 41-1612431
Filing Id
84037128009813
Schedule R EIN
41-0406700
Schedule R Plan number
001
Schedule R Plan Year Begin Date
2001-01-01
Schedule R Tax Period
20011231
Pension Value Dstrb Pd Property Amount
$0
Pension payor EIN
41-1612431
Pension Bnft Distribution Sngl Sum Count
0
Pension Employer Contribution Rqr Amount
$0
Pension Employer Contribution Paid Amount
$0
Pension Funding Deficiency Amount
$0