ACTION AIR SYSTEMS, INC. has sponsored the creation of one or more 401k plans.
Additional information about ACTION AIR SYSTEMS, INC.
Submission information for form 5500 for 401k plan ACTION AIR SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN
| Measure | Date | Value |
|---|
| 2024 : ACTION AIR SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2024 401k financial data |
|---|
| Total plan liabilities at end of year | 2024-01-01 | $0 |
| Total plan liabilities at beginning of year | 2024-01-01 | $3,244,294 |
| Total income from all sources | 2024-01-01 | $7,817,786 |
| Expenses. Total of all expenses incurred | 2024-01-01 | $28,956 |
| Benefits paid (including direct rollovers) | 2024-01-01 | $7,684 |
| Total plan assets at end of year | 2024-01-01 | $5,951,840 |
| Total plan assets at beginning of year | 2024-01-01 | $1,407,304 |
| Expenses. Other expenses not covered elsewhere | 2024-01-01 | $20,176 |
| Other income received | 2024-01-01 | $6,257,437 |
| Net income (gross income less expenses) | 2024-01-01 | $7,788,830 |
| Net plan assets at end of year (total assets less liabilities) | 2024-01-01 | $5,951,840 |
| Net plan assets at beginning of year (total assets less liabilities) | 2024-01-01 | $-1,836,990 |
| Assets. Value of employer securities | 2024-01-01 | $5,916,000 |
| Total contributions received or receivable from employer(s) | 2024-01-01 | $1,560,349 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2024-01-01 | $1,096 |
| 2023 : ACTION AIR SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data |
|---|
| Total plan liabilities at end of year | 2023-12-31 | $3,244,294 |
| Total plan liabilities at beginning of year | 2023-12-31 | $3,244,294 |
| Total income from all sources | 2023-12-31 | $274,281 |
| Expenses. Total of all expenses incurred | 2023-12-31 | $43,281 |
| Benefits paid (including direct rollovers) | 2023-12-31 | $745 |
| Total plan assets at end of year | 2023-12-31 | $1,407,304 |
| Total plan assets at beginning of year | 2023-12-31 | $1,176,304 |
| Expenses. Other expenses not covered elsewhere | 2023-12-31 | $42,426 |
| Other income received | 2023-12-31 | $70,122 |
| Net income (gross income less expenses) | 2023-12-31 | $231,000 |
| Net plan assets at end of year (total assets less liabilities) | 2023-12-31 | $-1,836,990 |
| Net plan assets at beginning of year (total assets less liabilities) | 2023-12-31 | $-2,067,990 |
| Assets. Value of employer securities | 2023-12-31 | $1,404,000 |
| Total contributions received or receivable from employer(s) | 2023-12-31 | $204,159 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2023-12-31 | $110 |
| 2022 : ACTION AIR SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data |
|---|
| Total plan liabilities at end of year | 2022-12-31 | $3,244,294 |
| Total plan liabilities at beginning of year | 2022-12-31 | $0 |
| Total income from all sources | 2022-12-31 | $-2,223,463 |
| Expenses. Total of all expenses incurred | 2022-12-31 | $44,527 |
| Total plan assets at end of year | 2022-12-31 | $1,176,304 |
| Total plan assets at beginning of year | 2022-12-31 | $200,000 |
| Expenses. Other expenses not covered elsewhere | 2022-12-31 | $44,527 |
| Other income received | 2022-12-31 | $-2,426,767 |
| Net income (gross income less expenses) | 2022-12-31 | $-2,267,990 |
| Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $-2,067,990 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $200,000 |
| Assets. Value of employer securities | 2022-12-31 | $1,173,000 |
| Total contributions received or receivable from employer(s) | 2022-12-31 | $203,304 |
| 2021 : ACTION AIR SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data |
|---|
| Total plan liabilities at end of year | 2021-12-31 | $0 |
| Total plan liabilities at beginning of year | 2021-12-31 | $0 |
| Total income from all sources | 2021-12-31 | $200,000 |
| Expenses. Total of all expenses incurred | 2021-12-31 | $0 |
| Total plan assets at end of year | 2021-12-31 | $200,000 |
| Total plan assets at beginning of year | 2021-12-31 | $0 |
| Net income (gross income less expenses) | 2021-12-31 | $200,000 |
| Net plan assets at end of year (total assets less liabilities) | 2021-12-31 | $200,000 |
| Net plan assets at beginning of year (total assets less liabilities) | 2021-12-31 | $0 |
| Total contributions received or receivable from employer(s) | 2021-12-31 | $200,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| 2023: ACTION AIR SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 form 5500 responses |
|---|
| 2023-01-01 | Type of plan entity | Single employer plan |
| 2023-01-01 | Submission has been amended | No |
| 2023-01-01 | This submission is the final filing | No |
| 2023-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2023-01-01 | Plan is a collectively bargained plan | No |
| 2023-01-01 | Plan funding arrangement – Trust | Yes |
| 2023-01-01 | Plan benefit arrangement - Trust | Yes |
| 2022: ACTION AIR SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses |
|---|
| 2022-01-01 | Type of plan entity | Single employer plan |
| 2022-01-01 | Submission has been amended | No |
| 2022-01-01 | This submission is the final filing | No |
| 2022-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2022-01-01 | Plan is a collectively bargained plan | No |
| 2022-01-01 | Plan funding arrangement – Trust | Yes |
| 2022-01-01 | Plan benefit arrangement - Trust | Yes |
| 2021: ACTION AIR SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses |
|---|
| 2021-01-01 | Type of plan entity | Single employer plan |
| 2021-01-01 | First time form 5500 has been submitted | Yes |
| 2021-01-01 | Submission has been amended | No |
| 2021-01-01 | This submission is the final filing | No |
| 2021-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2021-01-01 | Plan is a collectively bargained plan | No |
| 2021-01-01 | Plan funding arrangement – Trust | Yes |
| 2021-01-01 | Plan benefit arrangement - Trust | Yes |
