TURNING POINT, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan TURNING POINT, INC. 403(B) PLAN
| Measure | Date | Value |
|---|
| 2024 : TURNING POINT, INC. 403(B) PLAN 2024 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2024-12-16 | 95003 |
| Net assets as of the end of the plan year | 2024-12-16 | 344786 |
| Total assets as of the beginning of the plan year | 2024-12-16 | 277394 |
| Value of plan covered by a fidelity bond | 2024-12-16 | 500000 |
| Participant contributions to plan in this plan year | 2024-12-16 | 122205 |
| Other contributions to plan in this plan year | 2024-12-16 | 1462 |
| Other income to plan in this plan year | 2024-12-16 | 38728 |
| Plan net income in this plan year | 2024-12-16 | 67392 |
| Net assets as of the end of the plan year | 2024-12-16 | 344786 |
| Net assets as of the beginning of the plan year | 2024-12-16 | 277394 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-12-16 | 7955 |
| 2023 : TURNING POINT, INC. 403(B) PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-06-30 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-06-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-06-30 | $0 |
| Total income from all sources (including contributions) | 2023-06-30 | $158,958 |
| Total loss/gain on sale of assets | 2023-06-30 | $0 |
| Total of all expenses incurred | 2023-06-30 | $33,376 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-06-30 | $23,551 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-06-30 | $136,283 |
| Value of total assets at end of year | 2023-06-30 | $277,394 |
| Value of total assets at beginning of year | 2023-06-30 | $151,812 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-06-30 | $9,825 |
| Total interest from all sources | 2023-06-30 | $3 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-06-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-06-30 | No |
| Was this plan covered by a fidelity bond | 2023-06-30 | Yes |
| Value of fidelity bond cover | 2023-06-30 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-06-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-06-30 | No |
| Contributions received from participants | 2023-06-30 | $136,283 |
| Participant contributions at end of year | 2023-06-30 | $4,694 |
| Administrative expenses (other) incurred | 2023-06-30 | $5,765 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-06-30 | No |
| Value of net income/loss | 2023-06-30 | $125,582 |
| Value of net assets at end of year (total assets less liabilities) | 2023-06-30 | $277,394 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-06-30 | $151,812 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-06-30 | No |
| Investment advisory and management fees | 2023-06-30 | $4,060 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-06-30 | $272,517 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-06-30 | $151,812 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-06-30 | $183 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-06-30 | $3 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-06-30 | $22,672 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-06-30 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-06-30 | $23,551 |
| Did the plan have assets held for investment | 2023-06-30 | 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 | 2023-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-06-30 | Unqualified |
| Accountancy firm name | 2023-06-30 | ALEXANDER & WILLIAMS |
| Accountancy firm EIN | 2023-06-30 | 843798055 |
| 2022 : TURNING POINT, INC. 403(B) PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-07-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-07-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-07-01 | $0 |
| Total income from all sources (including contributions) | 2022-07-01 | $158,958 |
| Total loss/gain on sale of assets | 2022-07-01 | $0 |
| Total of all expenses incurred | 2022-07-01 | $33,376 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-07-01 | $23,551 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-07-01 | $136,283 |
| Value of total assets at end of year | 2022-07-01 | $277,394 |
| Value of total assets at beginning of year | 2022-07-01 | $151,812 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-07-01 | $9,825 |
| Total interest from all sources | 2022-07-01 | $3 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-07-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-07-01 | No |
| Was this plan covered by a fidelity bond | 2022-07-01 | Yes |
| Value of fidelity bond cover | 2022-07-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-07-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-07-01 | No |
| Contributions received from participants | 2022-07-01 | $136,283 |
| Participant contributions at end of year | 2022-07-01 | $4,694 |
| Administrative expenses (other) incurred | 2022-07-01 | $5,765 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-07-01 | No |
| Value of net income/loss | 2022-07-01 | $125,582 |
| Value of net assets at end of year (total assets less liabilities) | 2022-07-01 | $277,394 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-07-01 | $151,812 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-07-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-07-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-07-01 | No |
| Investment advisory and management fees | 2022-07-01 | $4,060 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-07-01 | $272,517 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-07-01 | $151,812 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-07-01 | $183 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-07-01 | $3 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-07-01 | $22,672 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-07-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-07-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-07-01 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-07-01 | $23,551 |
| Did the plan have assets held for investment | 2022-07-01 | 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 | 2022-07-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-07-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-07-01 | 1 |
| Accountancy firm name | 2022-07-01 | ALEXANDER & WILLIAMS |
| Accountancy firm EIN | 2022-07-01 | 843798055 |
