Civic Intelligence
Filing

Melco Industries Inc. Profit Sharing Plan

Melco Industries Inc. • EIN 61-0851701 • Plan year 2005

Company ProfileSource Archive
Filing Insights

Participants

Down

28 → 18

-10 • -35.71%

Assets

Up

$671,138 → $694,242

$23,104 • 3.44%

Investment Management Fee

-

Admin expenses - • Total expenses $40,906

Filing Details

Context
Net investment result
$20,611
Pension payor EIN
61-1261518

Status Flags

Fidelity bond in place

Yes

Limited-scope audit performed

Not reported

Contributions transmitted on time

Not reported

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

Not reported

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Not reported

5% transactions reported

Not reported

All plan assets distributed

No

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

No

Counterparties

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
200810$0$0-
Melco Industries Inc. Profit Sharing Plan-0---
2007119$11,421$31,205$1,642iApproximate average salary by contribution assumption: employee only about $41,059 at 4% or $27,373 at 6%; with 50% employer match about $27,373 at 4% or $18,249 at 6%; with 100% employer match about $20,530 at 4% or $13,686 at 6%.
Melco Industries Inc. Profit Sharing Plan-19$11,421$31,205$1,642iApproximate average salary by contribution assumption: employee only about $41,059 at 4% or $27,373 at 6%; with 50% employer match about $27,373 at 4% or $18,249 at 6%; with 100% employer match about $20,530 at 4% or $13,686 at 6%.
2006123$705,773$35,692$1,552iApproximate average salary by contribution assumption: employee only about $38,796 at 4% or $25,864 at 6%; with 50% employer match about $25,864 at 4% or $17,243 at 6%; with 100% employer match about $19,398 at 4% or $12,932 at 6%.
Melco Industries Inc. Profit Sharing Plan-23$705,773$35,692$1,552iApproximate average salary by contribution assumption: employee only about $38,796 at 4% or $25,864 at 6%; with 50% employer match about $25,864 at 4% or $17,243 at 6%; with 100% employer match about $19,398 at 4% or $12,932 at 6%.
2005118$694,242$38,836$2,158iApproximate average salary by contribution assumption: employee only about $53,939 at 4% or $35,959 at 6%; with 50% employer match about $35,959 at 4% or $23,973 at 6%; with 100% employer match about $26,969 at 4% or $17,980 at 6%.
Melco Industries Inc. Profit Sharing PlanCurrent18$694,242$38,836$2,158iApproximate average salary by contribution assumption: employee only about $53,939 at 4% or $35,959 at 6%; with 50% employer match about $35,959 at 4% or $23,973 at 6%; with 100% employer match about $26,969 at 4% or $17,980 at 6%.
2004115$671,138$62,086$4,139iApproximate average salary by contribution assumption: employee only about $103,477 at 4% or $68,984 at 6%; with 50% employer match about $68,984 at 4% or $45,990 at 6%; with 100% employer match about $51,738 at 4% or $34,492 at 6%.
Melco Industries Inc. Profit Sharing Plan-15$671,138$62,086$4,139iApproximate average salary by contribution assumption: employee only about $103,477 at 4% or $68,984 at 6%; with 50% employer match about $68,984 at 4% or $45,990 at 6%; with 100% employer match about $51,738 at 4% or $34,492 at 6%.
2003115$605,754$67,094$4,473iApproximate average salary by contribution assumption: employee only about $111,823 at 4% or $74,549 at 6%; with 50% employer match about $74,549 at 4% or $49,699 at 6%; with 100% employer match about $55,912 at 4% or $37,274 at 6%.
Melco Industries Inc. Profit Sharing Plan-15$605,754$67,094$4,473iApproximate average salary by contribution assumption: employee only about $111,823 at 4% or $74,549 at 6%; with 50% employer match about $74,549 at 4% or $49,699 at 6%; with 100% employer match about $55,912 at 4% or $37,274 at 6%.
2002113$371,555$46,790$3,599iApproximate average salary by contribution assumption: employee only about $89,981 at 4% or $59,987 at 6%; with 50% employer match about $59,987 at 4% or $39,991 at 6%; with 100% employer match about $44,990 at 4% or $29,994 at 6%.
Melco Industries Inc. Profit Sharing Plan-13$371,555$46,790$3,599iApproximate average salary by contribution assumption: employee only about $89,981 at 4% or $59,987 at 6%; with 50% employer match about $59,987 at 4% or $39,991 at 6%; with 100% employer match about $44,990 at 4% or $29,994 at 6%.
2001113$381,914$43,728$3,364iApproximate average salary by contribution assumption: employee only about $84,092 at 4% or $56,062 at 6%; with 50% employer match about $56,062 at 4% or $37,374 at 6%; with 100% employer match about $42,046 at 4% or $28,031 at 6%.
Melco Industries Inc. Profit Sharing Plan-13$381,914$43,728$3,364iApproximate average salary by contribution assumption: employee only about $84,092 at 4% or $56,062 at 6%; with 50% employer match about $56,062 at 4% or $37,374 at 6%; with 100% employer match about $42,046 at 4% or $28,031 at 6%.
2000114$373,927$36,538$2,610iApproximate average salary by contribution assumption: employee only about $65,246 at 4% or $43,498 at 6%; with 50% employer match about $43,498 at 4% or $28,998 at 6%; with 100% employer match about $32,623 at 4% or $21,749 at 6%.
Melco Industries Inc. Profit Sharing Plan-14$373,927$36,538$2,610iApproximate average salary by contribution assumption: employee only about $65,246 at 4% or $43,498 at 6%; with 50% employer match about $43,498 at 4% or $28,998 at 6%; with 100% employer match about $32,623 at 4% or $21,749 at 6%.
1999118$424,643$62,262$3,459iApproximate average salary by contribution assumption: employee only about $86,475 at 4% or $57,650 at 6%; with 50% employer match about $57,650 at 4% or $38,433 at 6%; with 100% employer match about $43,238 at 4% or $28,825 at 6%.
Melco Industries Inc. Profit Sharing Plan-18$424,643$62,262$3,459iApproximate average salary by contribution assumption: employee only about $86,475 at 4% or $57,650 at 6%; with 50% employer match about $57,650 at 4% or $38,433 at 6%; with 100% employer match about $43,238 at 4% or $28,825 at 6%.
Schedule Details

Schedule I

Schedule I Financial Statement

Small plan result

Balance sheet and activity values reported by the filer for this small-plan annual return.

End-of-year assets$694,242$23,104 change

Balance Sheet

Beginning and end of plan year.

Total assets$671,138$694,242Increase +$23,104 (3.44%)
Total liabilities$439$2,932Increase +$2,493 (567.88%)
Net assets$670,699$691,310Increase +$20,611 (3.07%)

Contributions

Employer contributions$0
Participant contributions$38,836
Other contributions$0

Income & Expenses

Total income$61,517
Total expenses$40,906
Net income$20,611
Source fields
Schedule I source fields
Filing Id
84037347312276
Schedule I EIN
61-0851701
Schedule I Plan Num
001
Schedule I Plan Year Begin Date
2005-01-01
Schedule I Tax Period
20051231
Small plan total assets at beginning of year
$671,138
Small plan total liabilities at beginning of year
$439
Small plan net assets at beginning of year
$670,699
Small plan total assets at end of year
$694,242
Small plan total liabilities at end of year
$2,932
Small plan net assets at end of year
$691,310
Small plan employer contributions
$0
Small plan participant contributions
$38,836
Small Oth Contribution Rcvd Amount
$0
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$22,681
Small plan total income
$61,517
Small plan total benefit distributions
$39,630
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$1,276
Small plan total expenses
$40,906
Small plan net income or loss
$20,611
Small Total Plan Transfers Amount
$0
Small Joint Venture End of year Indicator
No
Small Joint Venture End of year Amount
$0
Small Employer Prop End of year Indicator
No
Small Employer Prop End of year Amount
$0
Small Investment Real Est End of year I
2
Small Investment Real Est End of year A
0
Small Employer Sec End of year Indicator
No
Small Employer Sec End of year Amount
$0
Small Mortg Participants End of year Indicator
No
Small Mortg Participants End of year Amount
$0
Small Oth Lns Participants End of year Indicator
No
Small Oth Lns Participants End of year Amount
$0
Small Personal Prop End of year Indicator
No
Small Personal Prop End of year Amount
$0
Small Fail Xmt Ctb I
2
Small Fail Xmt Ctb A
0
Small plan participant loans in default
No
Small Loans In Default Amount
$0
Small plan leases in default
No
Small Leases In Default Amount
$0
Small Pt In Interest Not Reported I
2
Small Pt In Interest Not Reported A
0
Small plan fidelity bond in place
Yes
Small plan fidelity bond amount
$250,000
Small plan loss discovered during year
No
Small Loss Discovered Dur Year Amount
$0
Small plan assets with undetermined value
No
Small Asset Undeterm Valuation Amount
$0
Small plan non-cash contributions reported
No
Small Non Cash Contribution Amount
$0
Small 20 Percent Sngl Investment Indicator
No
Small 20 Percent Sngl Investment Amount
$0
Small plan all plan assets distributed
No
Waiver Annual Iqpa Report
1
Small plan resolution to terminate plan adopted
No
Small 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 EIN61-1261518

Transfers

Distributed property value$0
Schedule R source fields
Payor 61-1261518
Filing Id
84037347312276
Schedule R EIN
61-0851701
Schedule R Plan number
001
Schedule R Plan Year Begin Date
2005-01-01
Schedule R Tax Period
20051231
Pension Value Dstrb Pd Property Amount
$0
Pension payor EIN
61-1261518
Pension Bnft Distribution Sngl Sum Count
0
Pension Employer Contribution Rqr Amount
$0
Pension Employer Contribution Paid Amount
$0
Pension Funding Deficiency Amount
$0