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FORM 5500 DATA

M-E Engineers, Inc. 401k Profit Sharing Plan and Trust

Overview

Plan Information

  • Plan Year01/01/2019 — 12/31/2019
  • Date of Plan09/01/1992
  • Net Assets as of 12/31/2019 $36,948,253
  • Plan Number1
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2019

  • Active (Eligible) Participants236
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits71
  • Subtotal307
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total307
  • Total number of participants as of 01/01/2019282
  • Number of participants with account balances283
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested13

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address14143 Denver West Pkwy, Suite 300
  • CityGolden
  • StateCO
  • Zip80401
  • Telephone(303) 421-6655
  • EIN84-0853581
  • Industry Code541330
  • Named AdministratorShane A. Lazaroff

Audit Information

  • Audit StatusAudited
  • AuditorHiratsuka & Associates LLP
  • Auditor EIN84-1315974
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2F ERISA section 404(c) Plan This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
2G 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.
2J 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.
2K 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 contributions 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.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
3D 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.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $1,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Financials

Income and Expense Statement

Income $9,005,454
Contributions $2,513,179
Cash Contributions $2,513,179
Cash from Employers $628,615
Cash from Participants $1,837,643
Others (including rollovers) $46,921
Noncash Contributions $0
Total Earnings on Investments $6,492,275
Total Interest $16,102
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $16,102
Interest from Other Investments $0
Total Dividends $0
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $0
Real Estate $0
Other $0
Net investment gain (loss) from common/collective trusts $0
Net investment gain (loss) from pooled separate accounts $6,476,173
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $0
Other Income $0
Expenses $2,011,021
Total Benefit Payments $1,861,535
Directly to participants or beneficiaries, including direct rollovers $1,861,535
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $149,486
Professional Fees $2,800
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $146,686
Net Income $6,994,433
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2019 12/31/2018 Change YOY
Total Assets $36,948,364 $29,954,060 23.35%
Total noninterest-bearing cash $19,778 $15,857 24.73%
Receivables $280,857 $235,347 19.34%
Employer Contributions $280,857 $235,347 19.34%
Participant Contributions $0 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $0 $0 0.0%
Interest-bearing cash $0 $0 0.0%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $230,649 $256,242 -9.99%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $36,417,080 $29,446,614 23.67%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $111 $240 -53.75%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $111 $240 -53.75%
Net Assets $36,948,253 $29,953,820 23.35%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • John Hancock Life Ins Co USA

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Retirement Planning Services, Inc. Other services Third Party Administrato $2,800 $0 $2,800
John Hancock Life Ins Co USA Recordkeeping and information management (computing, tabulating, data processing, etc.), Investment management, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Soft dollars commissions, Other insurance wrap fees Recordkeeper $1,829 $0 $1,829
Total $4,629 $0 $4,629

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Jh Multi-Index Ls Growth John Hancock USA DFE: Pooled Separate Account $3,464,770
Jh Multi-Index Ls Balanced John Hancock USA DFE: Pooled Separate Account $3,404,404
Money Market Fund John Hancock USA DFE: Pooled Separate Account $3,024,115
Jh Multi-Index Ls Aggressive John Hancock USA DFE: Pooled Separate Account $2,625,592
Vanguard Target Ret 2030 John Hancock USA DFE: Pooled Separate Account $2,516,350
Vanguard Target Ret 2040 John Hancock USA DFE: Pooled Separate Account $2,399,074
Vanguard Target Ret 2045 John Hancock USA DFE: Pooled Separate Account $2,266,684
500 Index Fund John Hancock USA DFE: Pooled Separate Account $2,074,349
Vanguard Target Ret 2025 John Hancock USA DFE: Pooled Separate Account $1,559,778
Mid Cap Stock Fund John Hancock USA DFE: Pooled Separate Account $1,125,119
Vanguard Target Ret 2050 John Hancock USA DFE: Pooled Separate Account $919,209
Fidelity Adv New Insights John Hancock USA DFE: Pooled Separate Account $710,447
Science & Technology Fund John Hancock USA DFE: Pooled Separate Account $709,026
Vanguard Target Ret 2035 John Hancock USA DFE: Pooled Separate Account $697,627
Vanguard Target Ret 2020 John Hancock USA DFE: Pooled Separate Account $676,726
Capital Appreciation Fund John Hancock USA DFE: Pooled Separate Account $652,033
Mid Cap Index Fund John Hancock USA DFE: Pooled Separate Account $582,881
Jh Multi-Index Ls Moderate John Hancock USA DFE: Pooled Separate Account $543,754
Vanguard Target Ret 2055 John Hancock USA DFE: Pooled Separate Account $536,963
John Hancock Disciplined Value John Hancock USA DFE: Pooled Separate Account $437,447
Vanguard Target Ret 2060 John Hancock USA DFE: Pooled Separate Account $434,075
Invesco Opp Developing Mkt John Hancock USA DFE: Pooled Separate Account $418,620
Real Est. Securities Fund John Hancock USA DFE: Pooled Separate Account $340,940
Mid Value Fund John Hancock USA DFE: Pooled Separate Account $290,999
Jh Multi-Index Ls Conserv John Hancock USA DFE: Pooled Separate Account $284,173
Fundamental Investors John Hancock USA DFE: Pooled Separate Account $275,354
Fidelity Advisor Total Bond John Hancock USA DFE: Pooled Separate Account $270,927
Small Cap Index Fund John Hancock USA DFE: Pooled Separate Account $265,736
Total Stock Market Index Fund John Hancock USA DFE: Pooled Separate Account $251,240
Invesco Small Cap Growth John Hancock USA DFE: Pooled Separate Account $241,738
Total Bond Market Fund John Hancock USA DFE: Pooled Separate Account $238,630
Vanguard Target Ret Income John Hancock USA DFE: Pooled Separate Account $219,607
Mfs Utilities Fund John Hancock USA DFE: Pooled Separate Account $205,324
Capital Income Builder John Hancock USA DFE: Pooled Separate Account $182,262
New World Fund John Hancock USA DFE: Pooled Separate Account $173,739
Financial Industries Fund John Hancock USA DFE: Pooled Separate Account $157,760
Small Cap Value Fund John Hancock USA DFE: Pooled Separate Account $147,139
Templeton Global Bond Fund John Hancock USA DFE: Pooled Separate Account $136,169
Vanguard International Growth John Hancock USA DFE: Pooled Separate Account $131,643
Pimco Real Return John Hancock USA DFE: Pooled Separate Account $131,230
Dfa Us Targeted Value Fund John Hancock USA DFE: Pooled Separate Account $119,474
Vanguard Energy Fund John Hancock USA DFE: Pooled Separate Account $111,807
Vanguard Tot Wld Stk Index Etf John Hancock USA DFE: Pooled Separate Account $106,787
Dfa U.S. Small Cap Fund John Hancock USA DFE: Pooled Separate Account $67,468
Blackrock Global Allocation John Hancock USA DFE: Pooled Separate Account $65,164
Intl Equity Index Fund John Hancock USA DFE: Pooled Separate Account $59,712
Dfa International Value John Hancock USA DFE: Pooled Separate Account $58,483
T. Rowe Price New Era Fund John Hancock USA DFE: Pooled Separate Account $39,379
Ishares Gold Trust Etf John Hancock USA DFE: Pooled Separate Account $38,635
Wisdomtree Mc Earnings Etf John Hancock USA DFE: Pooled Separate Account $26,516
Total $36,417,078

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock Life Insurance Company USA 297
EIN 01-0233346
Industry Code 65838
Contract Number 87201
Contract Year 01/01/2019 — 12/31/2019
Value in General Account at Year End $0
Value in Separate Accounts at Year End $36,417,080
Insurance Fees and Commissions $92,498
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Wells Fargo Advisors, LLC C/O Trailhead Wealth Management LLC Louisville, CO 80027 Insurance Agent or Broker $75,861 $0
Retirement Planning Services, Inc. P.O. Box 3789 Littleton, CO 80161 Third Party Administrator $0 $16,637 PLAN ADMINISTRATION FEES
Allocated Funds
Type of Contract Unspecified
Basis of premium rates
Premiums paid to carrier $0
Premiums due but unpaid at the end of the year $0
If the carrier, service, or other organization incurred any specific costs in connection with the acquisition or retention of the contract or policy, enter amount $0
Specify the nature of the costs
Unallocated Funds
Type of Contract Unspecified
Balance at the end of the previous year $0
Additions $0
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $0
Transferred from separate account $0
Other $0
Total of Balance and Additions $0
Deductions $0
Disbursed from fund to pay benefits or purchase annuities during the year $0
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $0
Balance at the end of the current year $0