PATRIOT USA has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PATRIOT GROUP GLOBAL RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2022 : PATRIOT GROUP GLOBAL RETIREMENT PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $1,697,446 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $1,309,033 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,281,317 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $1,216 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,474,475 |
| Value of total assets at end of year | 2022-12-31 | $5,419,853 |
| Value of total assets at beginning of year | 2022-12-31 | $5,031,440 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $26,500 |
| Total interest from all sources | 2022-12-31 | $21,824 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $57,254 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $57,254 |
| Administrative expenses professional fees incurred | 2022-12-31 | $8,385 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $1,478,428 |
| Participant contributions at end of year | 2022-12-31 | $85,590 |
| Participant contributions at beginning of year | 2022-12-31 | $24,316 |
| Participant contributions at end of year | 2022-12-31 | $6,900 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $199,559 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-12-31 | $1,600 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $388,413 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $5,419,853 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $5,031,440 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $3,453 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $3,716,872 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $3,340,021 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $591,600 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $562,361 |
| Interest on participant loans | 2022-12-31 | $3,303 |
| Interest earned on other investments | 2022-12-31 | $18,521 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $1,014,691 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $1,104,742 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-803,019 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-53,088 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $796,488 |
| Employer contributions (assets) at end of year | 2022-12-31 | $4,200 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,279,717 |
| Contract administrator fees | 2022-12-31 | $14,662 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | WALSH & DICKINSON |
| Accountancy firm EIN | 2022-12-31 | 823222207 |
| 2021 : PATRIOT GROUP GLOBAL RETIREMENT PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $2,138,648 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $97,881 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $84,809 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,781,239 |
| Value of total assets at end of year | 2021-12-31 | $5,031,440 |
| Value of total assets at beginning of year | 2021-12-31 | $2,990,673 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $13,072 |
| Total interest from all sources | 2021-12-31 | $8,163 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $49,608 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $49,608 |
| Administrative expenses professional fees incurred | 2021-12-31 | $1,293 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $299,067 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $825,849 |
| Participant contributions at end of year | 2021-12-31 | $24,316 |
| Participant contributions at beginning of year | 2021-12-31 | $7,154 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $507,520 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $2,040,767 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $5,031,440 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $2,990,673 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Investment advisory and management fees | 2021-12-31 | $1,386 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $3,340,021 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $2,983,519 |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $562,361 |
| Interest on participant loans | 2021-12-31 | $1,192 |
| Interest earned on other investments | 2021-12-31 | $6,971 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $1,104,742 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $265,117 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $34,521 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $447,870 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $84,809 |
| Contract administrator fees | 2021-12-31 | $10,393 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | Yes |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | WALSH & DICKINSON |
| Accountancy firm EIN | 2021-12-31 | 823222207 |
