401k Plan data: HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN plan

HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN 401k Plan overview

Plan Name	HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN
Plan identification number	001

HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
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.
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.
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 contribtions 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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan covering Self-Employed individuals.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

HOOD & SELANDER, CPA'S, LLC has sponsored the creation of one or more 401k plans.

Company Name: HOOD & SELANDER, CPA'S, LLC

Employer identification number (EIN): 261473446

NAIC Classification: 541211
NAIC Description: Offices of Certified Public Accountants

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2022-01-01 DAVID SELANDER
001 2021-01-01
001 2021-01-01 DAVID SELANDER
001 2020-01-01
001 2019-01-01
001 2018-01-01 R. SCOTT HOOD 2019-03-22
001 2017-01-01 R. SCOTT HOOD 2018-02-06
001 2016-01-01 R. SCOTT HOOD 2017-01-27
001 2015-01-01 R. SCOTT HOOD 2016-05-03
001 2014-01-01 R. SCOTT HOOD 2015-04-22
001 2013-01-01 R. SCOTT HOOD 2014-06-03
001 2012-01-01 DAVID E. SELANDER 2013-07-24
001 2011-01-01 DAVID E. SELANDER 2012-07-30
001 2010-01-01 DAVID E. SELANDER 2011-04-27 DAVID E. SELANDER 2011-04-27

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2022-01-01	DAVID SELANDER
001	2021-01-01
001	2021-01-01	DAVID SELANDER
001	2020-01-01
001	2019-01-01
001	2018-01-01	R. SCOTT HOOD	2019-03-22
001	2017-01-01	R. SCOTT HOOD	2018-02-06
001	2016-01-01	R. SCOTT HOOD	2017-01-27
001	2015-01-01	R. SCOTT HOOD	2016-05-03
001	2014-01-01	R. SCOTT HOOD	2015-04-22
001	2013-01-01	R. SCOTT HOOD	2014-06-03
001	2012-01-01	DAVID E. SELANDER	2013-07-24
001	2011-01-01	DAVID E. SELANDER	2012-07-30
001	2010-01-01	DAVID E. SELANDER	2011-04-27	DAVID E. SELANDER	2011-04-27

Plan Statistics for HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN

401k plan membership statisitcs for HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN

Measure Date Value
2022: HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 10
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 0
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 0
Number of participants with account balances 2022-01-01 0
2021: HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 11
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 9
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 1
Total of all active and inactive participants 2021-01-01 10
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 10
Number of participants with account balances 2021-01-01 8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 13
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 10
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 1
Total of all active and inactive participants 2020-01-01 11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 11
Number of participants with account balances 2020-01-01 9
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 13
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 11
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 2
Total of all active and inactive participants 2019-01-01 13
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 13
Number of participants with account balances 2019-01-01 10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0

Measure	Date	Value
2022: HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	10
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	0
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	0
Number of participants with account balances	2022-01-01	0
2021: HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	11
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	9
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	1
Total of all active and inactive participants	2021-01-01	10
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	10
Number of participants with account balances	2021-01-01	8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	13
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	10
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	1
Total of all active and inactive participants	2020-01-01	11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	11
Number of participants with account balances	2020-01-01	9
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	13
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	11
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	2
Total of all active and inactive participants	2019-01-01	13
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	13
Number of participants with account balances	2019-01-01	10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0

Financial Data on HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN

Measure	Date	Value
2022 : HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN 2022 401k financial data
Transfers to/from the plan	2022-08-01	$0
Total plan liabilities at end of year	2022-08-01	$0
Total plan liabilities at beginning of year	2022-08-01	$0
Total income from all sources	2022-08-01	$-795,342
Expenses. Total of all expenses incurred	2022-08-01	$3,581,010
Benefits paid (including direct rollovers)	2022-08-01	$3,569,496
Total plan assets at end of year	2022-08-01	$0
Total plan assets at beginning of year	2022-08-01	$4,376,352
Value of fidelity bond covering the plan	2022-08-01	$400,000
Total contributions received or receivable from participants	2022-08-01	$6,120
Expenses. Other expenses not covered elsewhere	2022-08-01	$0
Contributions received from other sources (not participants or employers)	2022-08-01	$0
Other income received	2022-08-01	$-803,503
Noncash contributions received	2022-08-01	$0
Net income (gross income less expenses)	2022-08-01	$-4,376,352
Net plan assets at end of year (total assets less liabilities)	2022-08-01	$0
Net plan assets at beginning of year (total assets less liabilities)	2022-08-01	$4,376,352
Assets. Value of participant loans	2022-08-01	$0
Total contributions received or receivable from employer(s)	2022-08-01	$2,041
Value of certain deemed distributions of participant loans	2022-08-01	$0
Value of corrective distributions	2022-08-01	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2022-08-01	$11,514
2021 : HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN 2021 401k financial data
Transfers to/from the plan	2021-12-31	$0
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	$707,683
Expenses. Total of all expenses incurred	2021-12-31	$92,681
Benefits paid (including direct rollovers)	2021-12-31	$76,484
Total plan assets at end of year	2021-12-31	$4,376,352
Total plan assets at beginning of year	2021-12-31	$3,761,350
Value of fidelity bond covering the plan	2021-12-31	$400,000
Assets. Value of tangible personal property	2021-12-31	$0
Total contributions received or receivable from participants	2021-12-31	$95,701
Assets. Value of loans (other than to participants)	2021-12-31	$0
Expenses. Other expenses not covered elsewhere	2021-12-31	$0
Contributions received from other sources (not participants or employers)	2021-12-31	$0
Other income received	2021-12-31	$588,484
Noncash contributions received	2021-12-31	$0
Net income (gross income less expenses)	2021-12-31	$615,002
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$4,376,352
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$3,761,350
Assets. Value of participant loans	2021-12-31	$14,463
Assets. Value of assets in partnership/joint-venture interests	2021-12-31	$0
Assets. Value of real-estate (other than employer real property)	2021-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2021-12-31	$0
Assets. Value of employer securities	2021-12-31	$0
Assets. Value of employer real property	2021-12-31	$0
Total contributions received or receivable from employer(s)	2021-12-31	$23,498
Value of certain deemed distributions of participant loans	2021-12-31	$0
Value of corrective distributions	2021-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$16,197
2020 : HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN 2020 401k financial data
Transfers to/from the plan	2020-12-31	$0
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$933,927
Expenses. Total of all expenses incurred	2020-12-31	$49,688
Benefits paid (including direct rollovers)	2020-12-31	$36,765
Total plan assets at end of year	2020-12-31	$3,761,350
Total plan assets at beginning of year	2020-12-31	$2,877,111
Value of fidelity bond covering the plan	2020-12-31	$400,000
Total contributions received or receivable from participants	2020-12-31	$89,397
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$79,403
Other income received	2020-12-31	$718,279
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$884,239
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$3,761,350
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$2,877,111
Assets. Value of participant loans	2020-12-31	$19,224
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2020-12-31	$0
Total contributions received or receivable from employer(s)	2020-12-31	$46,848
Value of certain deemed distributions of participant loans	2020-12-31	$0
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$12,923
2019 : HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$659,759
Expenses. Total of all expenses incurred	2019-12-31	$97,113
Benefits paid (including direct rollovers)	2019-12-31	$94,505
Total plan assets at end of year	2019-12-31	$2,877,111
Total plan assets at beginning of year	2019-12-31	$2,314,465
Value of fidelity bond covering the plan	2019-12-31	$250,000
Total contributions received or receivable from participants	2019-12-31	$89,703
Expenses. Other expenses not covered elsewhere	2019-12-31	$0
Contributions received from other sources (not participants or employers)	2019-12-31	$0
Other income received	2019-12-31	$570,056
Noncash contributions received	2019-12-31	$0
Net income (gross income less expenses)	2019-12-31	$562,646
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$2,877,111
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$2,314,465
Assets. Value of participant loans	2019-12-31	$23,850
Total contributions received or receivable from employer(s)	2019-12-31	$0
Value of certain deemed distributions of participant loans	2019-12-31	$0
Value of corrective distributions	2019-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$2,608

Form 5500 Responses for HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN

2022: HOOD & SELANDER, CPA'S, LLC PROFIT SHARING 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	Yes
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
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: HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	This submission is the final filing	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
2020: HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: HOOD & SELANDER, CPA'S, LLC PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	HOOD & SELANDER, CPA'S, LLC
Employer identification number (EIN):	261473446
NAIC Classification:	541211
NAIC Description:	Offices of Certified Public Accountants