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HH VENTURES RETIREMENT PLAN 401k Plan overview

Plan NameHH VENTURES RETIREMENT PLAN
Plan identification number 001

HH VENTURES RETIREMENT PLAN Benefits

401k Plan TypeDefined 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.
  • 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

HH VENTURES, LLC has sponsored the creation of one or more 401k plans.

Company Name:HH VENTURES, LLC
Employer identification number (EIN):261852077
NAIC Classification:517000

Additional information about HH VENTURES, LLC

Jurisdiction of Incorporation: Iowa Secretary of State Business Entities
Incorporation Date: 2008-01-29
Company Identification Number: 358111
Legal Registered Office Address: 505 5TH AVE STE 729

DES MOINES
United States of America (USA)
50309

More information about HH VENTURES, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HH VENTURES RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01STEVE FINNEGAN2020-12-15 TODD SHORES2020-12-15
0012018-01-01TODD SHORES TODD SHORES2019-07-15
0012017-01-01SCOTT KOKOTAN SCOTT KOKOTAN2018-07-11
0012016-01-01JAMES BALVANZ2017-05-23 JAMES BALVANZ2017-05-23
0012015-01-01JAMES BALVANZ2016-07-08 JAMES BALVANZ2016-07-08
0012014-01-01JAMES BALVANZ2015-07-21 JAMES BALVANZ2015-07-21
0012013-01-01JAMES BALVANZ2014-09-18 JAMES BALVANZ2014-09-18
0012012-01-01JAMES BALVANZ2013-05-10 JAMES BALVANZ2013-05-10
0012011-01-01LORI DEUTMEYER2012-04-25 LORI DEUTMEYER2012-04-25
0012010-01-01LORI DEUTMEYER2012-03-30 LORI DEUTMEYER2012-03-30

Plan Statistics for HH VENTURES RETIREMENT PLAN

401k plan membership statisitcs for HH VENTURES RETIREMENT PLAN

Measure Date Value
2019: HH VENTURES RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01132
Total number of active participants reported on line 7a of the Form 55002019-01-0161
Number of retired or separated participants receiving benefits2019-01-012
Number of other retired or separated participants entitled to future benefits2019-01-0125
Total of all active and inactive participants2019-01-0188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0188
Number of participants with account balances2019-01-0185
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0121
2018: HH VENTURES RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01161
Total number of active participants reported on line 7a of the Form 55002018-01-0185
Number of retired or separated participants receiving benefits2018-01-012
Number of other retired or separated participants entitled to future benefits2018-01-0145
Total of all active and inactive participants2018-01-01132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01132
Number of participants with account balances2018-01-01129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0110
2017: HH VENTURES RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01136
Total number of active participants reported on line 7a of the Form 55002017-01-01134
Number of retired or separated participants receiving benefits2017-01-016
Number of other retired or separated participants entitled to future benefits2017-01-0122
Total of all active and inactive participants2017-01-01162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01162
Number of participants with account balances2017-01-01162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0145

Financial Data on HH VENTURES RETIREMENT PLAN

Measure Date Value
2019 : HH VENTURES RETIREMENT PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$1,489,718
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$423,603
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$398,372
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$378,132
Value of total assets at end of year2019-12-31$5,869,934
Value of total assets at beginning of year2019-12-31$4,803,819
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$25,231
Total interest from all sources2019-12-31$7,498
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$1,076,652
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$1,076,652
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$269,583
Participant contributions at end of year2019-12-31$149,615
Participant contributions at beginning of year2019-12-31$126,800
Participant contributions at end of year2019-12-31$0
Participant contributions at beginning of year2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$79
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$78,345
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$1,066,115
Value of net assets at end of year (total assets less liabilities)2019-12-31$5,869,934
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$4,803,819
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$91,665
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$4,442,633
Value of interest in pooled separate accounts at end of year2019-12-31$5,579,085
Value of interest in pooled separate accounts at beginning of year2019-12-31$0
Interest on participant loans2019-12-31$7,338
Interest earned on other investments2019-12-31$160
Value of interest in common/collective trusts at end of year2019-12-31$49,490
Value of interest in common/collective trusts at beginning of year2019-12-31$156,041
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$27,436
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$108,549
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$398,372
Contract administrator fees2019-12-31$25,231
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31BGHN ASSOCIATES, P.C.
Accountancy firm EIN2019-12-31421508032
2018 : HH VENTURES RETIREMENT PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$420,360
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$941,365
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$885,359
Expenses. Certain deemed distributions of participant loans2018-12-31$25,014
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$761,064
Value of total assets at end of year2018-12-31$4,803,819
Value of total assets at beginning of year2018-12-31$5,324,824
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$30,992
Total interest from all sources2018-12-31$6,272
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$145,924
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$145,924
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$450,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$462,952
Participant contributions at end of year2018-12-31$126,800
Participant contributions at beginning of year2018-12-31$80,708
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$72,283
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$78,345
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$65,241
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-521,005
Value of net assets at end of year (total assets less liabilities)2018-12-31$4,803,819
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$5,324,824
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$4,442,633
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$4,688,515
Interest on participant loans2018-12-31$6,272
Value of interest in common/collective trusts at end of year2018-12-31$156,041
Value of interest in common/collective trusts at beginning of year2018-12-31$146,162
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-495,475
Net investment gain or loss from common/collective trusts2018-12-31$2,575
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$225,829
Employer contributions (assets) at beginning of year2018-12-31$344,198
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$885,359
Contract administrator fees2018-12-31$30,992
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31BOHR, DAHM, GRIEF & ASSOCIATES, P.C
Accountancy firm EIN2018-12-31421508032
2017 : HH VENTURES RETIREMENT PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$1,687,239
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$200,650
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$182,622
Expenses. Certain deemed distributions of participant loans2017-12-31$4,317
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$990,849
Value of total assets at end of year2017-12-31$5,324,824
Value of total assets at beginning of year2017-12-31$3,838,235
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$13,711
Total interest from all sources2017-12-31$3,391
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$100,397
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$100,397
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$450,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$420,133
Participant contributions at end of year2017-12-31$80,708
Participant contributions at beginning of year2017-12-31$51,210
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$6,824
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$65,241
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$2,032
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$1,486,589
Value of net assets at end of year (total assets less liabilities)2017-12-31$5,324,824
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$3,838,235
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$4,688,515
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$3,410,259
Interest on participant loans2017-12-31$3,391
Value of interest in common/collective trusts at end of year2017-12-31$146,162
Value of interest in common/collective trusts at beginning of year2017-12-31$116,413
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$590,726
Net investment gain or loss from common/collective trusts2017-12-31$1,876
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$563,892
Employer contributions (assets) at end of year2017-12-31$344,198
Employer contributions (assets) at beginning of year2017-12-31$258,321
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$182,622
Contract administrator fees2017-12-31$13,711
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31BOHR, DAHM, GREIF & ASSOCIATES, P.C
Accountancy firm EIN2017-12-31421508032

Form 5500 Responses for HH VENTURES RETIREMENT PLAN

2019: HH VENTURES RETIREMENT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: HH VENTURES RETIREMENT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: HH VENTURES RETIREMENT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number810410-000
Policy instance 1
Insurance contract or identification number810410-000
Number of Individuals Covered85
Insurance policy start date2019-08-06
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $6,055
Total amount of fees paid to insurance companyUSD $10,655
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees10655
Additional information about fees paid to insurance brokerTHIRD PARTY ADMINISTRATOR
Insurance broker organization code?5

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