F M SYLVAN, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan F M SYLVAN, INC. PROFIT SHARING TRUST
401k plan membership statisitcs for F M SYLVAN, INC. PROFIT SHARING TRUST
| Measure | Date | Value |
|---|
| 2023 : F M SYLVAN, INC. PROFIT SHARING TRUST 2023 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $12,566 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $870 |
| Total income from all sources (including contributions) | 2023-12-31 | $2,737,333 |
| Total of all expenses incurred | 2023-12-31 | $2,103,858 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $2,045,215 |
| Value of total corrective distributions | 2023-12-31 | $12,566 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,607,089 |
| Value of total assets at end of year | 2023-12-31 | $7,563,065 |
| Value of total assets at beginning of year | 2023-12-31 | $6,917,894 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $46,077 |
| Total interest from all sources | 2023-12-31 | $2,797 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $228,371 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $228,371 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $956,559 |
| Participant contributions at end of year | 2023-12-31 | $128,001 |
| Participant contributions at beginning of year | 2023-12-31 | $69,688 |
| Participant contributions at end of year | 2023-12-31 | $16,788 |
| Participant contributions at beginning of year | 2023-12-31 | $477 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $305,934 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $0 |
| Assets. Loans (other than to participants) at end of year | 2023-12-31 | $0 |
| Assets. Loans (other than to participants) at beginning of year | 2023-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-12-31 | $12,566 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-12-31 | $870 |
| Other income not declared elsewhere | 2023-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $633,475 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $7,550,499 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $6,917,024 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $6,267,333 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $5,912,952 |
| Interest on participant loans | 2023-12-31 | $2,797 |
| Income. Interest from loans (other than to participants) | 2023-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $963,863 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $844,777 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $899,076 |
| Net gain/loss from 103.12 investment entities | 2023-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $344,596 |
| Employer contributions (assets) at end of year | 2023-12-31 | $187,080 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $90,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $2,045,215 |
| Contract administrator fees | 2023-12-31 | $46,077 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | DOEREN MAYHEW |
| Accountancy firm EIN | 2023-12-31 | 382492570 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $12,566 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $870 |
| Total income from all sources (including contributions) | 2023-01-01 | $2,737,333 |
| Total of all expenses incurred | 2023-01-01 | $2,103,858 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $2,045,215 |
| Value of total corrective distributions | 2023-01-01 | $12,566 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,607,089 |
| Value of total assets at end of year | 2023-01-01 | $7,563,065 |
| Value of total assets at beginning of year | 2023-01-01 | $6,917,894 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $46,077 |
| Total interest from all sources | 2023-01-01 | $2,797 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $228,371 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $228,371 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $956,559 |
| Participant contributions at end of year | 2023-01-01 | $128,001 |
| Participant contributions at beginning of year | 2023-01-01 | $69,688 |
| Participant contributions at end of year | 2023-01-01 | $16,788 |
| Participant contributions at beginning of year | 2023-01-01 | $477 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $305,934 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $0 |
| Assets. Loans (other than to participants) at end of year | 2023-01-01 | $0 |
| Assets. Loans (other than to participants) at beginning of year | 2023-01-01 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-01-01 | $12,566 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-01-01 | $870 |
| Other income not declared elsewhere | 2023-01-01 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $633,475 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $7,550,499 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $6,917,024 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $6,267,333 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $5,912,952 |
| Interest on participant loans | 2023-01-01 | $2,797 |
| Income. Interest from loans (other than to participants) | 2023-01-01 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $963,863 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $844,777 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $899,076 |
| Net gain/loss from 103.12 investment entities | 2023-01-01 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $344,596 |
| Employer contributions (assets) at end of year | 2023-01-01 | $187,080 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $90,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $2,045,215 |
| Contract administrator fees | 2023-01-01 | $46,077 |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | DOEREN MAYHEW |
| Accountancy firm EIN | 2023-01-01 | 382492570 |
| 2009 : F M SYLVAN, INC. PROFIT SHARING TRUST 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-10-31 | $0 |
