401k Plan data: DRIP GLOBAL, INC. 401K PLAN plan

DRIP GLOBAL, INC. 401K PLAN 401k Plan overview

Plan Name	DRIP GLOBAL, INC. 401K PLAN
Plan identification number	001

DRIP GLOBAL, INC. 401K PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.

401k Sponsoring company profile

DRIP GLOBAL, INC. has sponsored the creation of one or more 401k plans.

Company Name: DRIP GLOBAL, INC.

Employer identification number (EIN): 263861881

NAIC Classification: 425110
NAIC Description: Business to Business Electronic Markets

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DRIP GLOBAL, INC. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01

Plan Statistics for DRIP GLOBAL, INC. 401K PLAN

401k plan membership statisitcs for DRIP GLOBAL, INC. 401K PLAN

Measure Date Value
2022: DRIP GLOBAL, INC. 401K PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 196
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 71
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 180
Total of all active and inactive participants 2022-01-01 251
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 251
Number of participants with account balances 2022-01-01 190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: DRIP GLOBAL, INC. 401K PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 226
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 97
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 97
Total of all active and inactive participants 2021-01-01 194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 194
Number of participants with account balances 2021-01-01 187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: DRIP GLOBAL, INC. 401K PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 275
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 70
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 156
Total of all active and inactive participants 2020-01-01 226
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 226
Number of participants with account balances 2020-01-01 225
2019: DRIP GLOBAL, INC. 401K PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 257
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 132
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 143
Total of all active and inactive participants 2019-01-01 275
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 275
Number of participants with account balances 2019-01-01 270
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: DRIP GLOBAL, INC. 401K PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 200
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 136
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 121
Total of all active and inactive participants 2018-01-01 257
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 257
Number of participants with account balances 2018-01-01 246
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0

Measure	Date	Value
2022: DRIP GLOBAL, INC. 401K PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	196
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	71
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	180
Total of all active and inactive participants	2022-01-01	251
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	251
Number of participants with account balances	2022-01-01	190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: DRIP GLOBAL, INC. 401K PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	226
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	97
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	97
Total of all active and inactive participants	2021-01-01	194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	194
Number of participants with account balances	2021-01-01	187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: DRIP GLOBAL, INC. 401K PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	275
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	70
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	156
Total of all active and inactive participants	2020-01-01	226
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	226
Number of participants with account balances	2020-01-01	225
2019: DRIP GLOBAL, INC. 401K PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	257
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	132
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	143
Total of all active and inactive participants	2019-01-01	275
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	275
Number of participants with account balances	2019-01-01	270
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: DRIP GLOBAL, INC. 401K PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	200
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	136
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	121
Total of all active and inactive participants	2018-01-01	257
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	257
Number of participants with account balances	2018-01-01	246
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0

Financial Data on DRIP GLOBAL, INC. 401K PLAN

Measure	Date	Value
2022 : DRIP GLOBAL, INC. 401K PLAN 2022 401k financial data
Total income from all sources (including contributions)	2022-12-31	$110,350
Total of all expenses incurred	2022-12-31	$768,966
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$742,851
Expenses. Certain deemed distributions of participant loans	2022-12-31	$9,342
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$981,992
Value of total assets at end of year	2022-12-31	$4,264,597
Value of total assets at beginning of year	2022-12-31	$4,923,213
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$16,773
Total interest from all sources	2022-12-31	$1,283
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$94,679
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	$94,679
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$250,000
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	$717,281
Participant contributions at end of year	2022-12-31	$42,611
Participant contributions at beginning of year	2022-12-31	$55,780
Participant contributions at end of year	2022-12-31	$18,635
Participant contributions at beginning of year	2022-12-31	$23,688
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$15,408
Total non interest bearing cash at end of year	2022-12-31	$3
Total non interest bearing cash at beginning of year	2022-12-31	$373
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	$-658,616
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$4,264,597
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$4,923,213
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	$1,368
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$4,180,187
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$4,823,822
Interest on participant loans	2022-12-31	$1,283
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$16,799
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$10,532
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$10,532
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-967,604
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	$249,303
Employer contributions (assets) at end of year	2022-12-31	$6,362
Employer contributions (assets) at beginning of year	2022-12-31	$9,018
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$742,851
Contract administrator fees	2022-12-31	$15,405
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	REDPATH AND COMPANY LLC
Accountancy firm EIN	2022-12-31	920370318
2021 : DRIP GLOBAL, INC. 401K PLAN 2021 401k financial data
Total income from all sources (including contributions)	2021-12-31	$1,501,858
Total of all expenses incurred	2021-12-31	$1,041,685
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$1,025,255
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$818,147
Value of total assets at end of year	2021-12-31	$4,923,213
Value of total assets at beginning of year	2021-12-31	$4,463,040
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$16,430
Total interest from all sources	2021-12-31	$2,013
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$399,634
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	$399,634
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$250,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
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	$599,871
Participant contributions at end of year	2021-12-31	$55,780
Participant contributions at beginning of year	2021-12-31	$59,352
Participant contributions at end of year	2021-12-31	$23,688
Participant contributions at beginning of year	2021-12-31	$13,376
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$6,501
Total non interest bearing cash at end of year	2021-12-31	$373
Total non interest bearing cash at beginning of year	2021-12-31	$1,257
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	$460,173
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$4,923,213
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$4,463,040
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$4,823,822
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$4,380,851
Interest on participant loans	2021-12-31	$2,013
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$10,532
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$4,610
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$4,610
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$282,064
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	$211,775
Employer contributions (assets) at end of year	2021-12-31	$9,018
Employer contributions (assets) at beginning of year	2021-12-31	$3,594
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$1,025,255
Contract administrator fees	2021-12-31	$16,430
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	REDPATH AND COMPANY LTD.
Accountancy firm EIN	2021-12-31	410975573
2020 : DRIP GLOBAL, INC. 401K PLAN 2020 401k financial data
Total income from all sources (including contributions)	2020-12-31	$1,314,032
Total of all expenses incurred	2020-12-31	$647,414
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$621,394
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$718,534
Value of total assets at end of year	2020-12-31	$4,463,040
Value of total assets at beginning of year	2020-12-31	$3,796,422
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$26,020
Total interest from all sources	2020-12-31	$3,714
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$80,380
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$80,380
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$250,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$582,241
Participant contributions at end of year	2020-12-31	$13,376
Participant contributions at beginning of year	2020-12-31	$33,105
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$5,345
Assets. Loans (other than to participants) at end of year	2020-12-31	$59,352
Assets. Loans (other than to participants) at beginning of year	2020-12-31	$63,785
Total non interest bearing cash at end of year	2020-12-31	$1,257
Total non interest bearing cash at beginning of year	2020-12-31	$148
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$666,618
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$4,463,040
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$3,796,422
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$4,380,851
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$3,685,575
Interest on participant loans	2020-12-31	$3,714
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$4,610
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$6,204
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$6,204
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$511,404
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$130,948
Employer contributions (assets) at end of year	2020-12-31	$3,594
Employer contributions (assets) at beginning of year	2020-12-31	$7,605
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$621,394
Contract administrator fees	2020-12-31	$26,020
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	REDPATH AND COMPANY LTTD
Accountancy firm EIN	2020-12-31	410975573
2019 : DRIP GLOBAL, INC. 401K PLAN 2019 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$8,735
Total income from all sources (including contributions)	2019-12-31	$1,891,739
Total of all expenses incurred	2019-12-31	$548,702
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$515,955
Expenses. Certain deemed distributions of participant loans	2019-12-31	$4,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$1,227,100
Value of total assets at end of year	2019-12-31	$3,796,422
Value of total assets at beginning of year	2019-12-31	$2,462,120
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$28,747
Total interest from all sources	2019-12-31	$2,342
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$76,835
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$76,835
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$250,000
If this is an individual account plan, was there a blackout period	2019-12-31	Yes
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$888,688
Participant contributions at end of year	2019-12-31	$33,105
Participant contributions at beginning of year	2019-12-31	$35,484
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$110,687
Assets. Loans (other than to participants) at end of year	2019-12-31	$63,785
Assets. Loans (other than to participants) at beginning of year	2019-12-31	$9,087
Other income not declared elsewhere	2019-12-31	$-531
Total non interest bearing cash at end of year	2019-12-31	$148
Total non interest bearing cash at beginning of year	2019-12-31	$224
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$1,343,037
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$3,796,422
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$2,453,385
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$3,685,575
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$2,407,495
Interest on participant loans	2019-12-31	$2,342
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$6,204
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$2,210
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$2,210
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$585,993
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$227,725
Employer contributions (assets) at end of year	2019-12-31	$7,605
Employer contributions (assets) at beginning of year	2019-12-31	$7,620
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$515,955
Contract administrator fees	2019-12-31	$28,747
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	2019-12-31	Yes
Liabilities. Value of benefit claims payable at beginning of year	2019-12-31	$8,735
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	REDPATH AND COMPANY LTD.
Accountancy firm EIN	2019-12-31	410975573
2018 : DRIP GLOBAL, INC. 401K PLAN 2018 401k financial data
Total transfer of assets to this plan	2018-12-31	$2,158,390
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$8,735
Total income from all sources (including contributions)	2018-12-31	$792,507
Total of all expenses incurred	2018-12-31	$497,512
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$481,908
Expenses. Certain deemed distributions of participant loans	2018-12-31	$723
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$987,291
Value of total assets at end of year	2018-12-31	$2,462,120
Value of total assets at beginning of year	2018-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$14,881
Total interest from all sources	2018-12-31	$241
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$54,902
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$54,902
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$225,000
If this is an individual account plan, was there a blackout period	2018-12-31	Yes
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$656,329
Participant contributions at end of year	2018-12-31	$35,484
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$166,290
Assets. Loans (other than to participants) at end of year	2018-12-31	$9,087
Other income not declared elsewhere	2018-12-31	$0
Total non interest bearing cash at end of year	2018-12-31	$224
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$294,995
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$2,453,385
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$2,407,495
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$0
Interest on participant loans	2018-12-31	$241
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$2,210
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-249,927
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$164,672
Employer contributions (assets) at end of year	2018-12-31	$7,620
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$481,908
Contract administrator fees	2018-12-31	$14,881
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	2018-12-31	Yes
Liabilities. Value of benefit claims payable at end of year	2018-12-31	$8,735
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	REDPATH AND COMPANY, LTD.
Accountancy firm EIN	2018-12-31	410975573

Form 5500 Responses for DRIP GLOBAL, INC. 401K PLAN

2022: DRIP GLOBAL, INC. 401K PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: DRIP GLOBAL, INC. 401K PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: DRIP GLOBAL, INC. 401K PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: DRIP GLOBAL, INC. 401K PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: DRIP GLOBAL, INC. 401K PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	First time form 5500 has been submitted	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	DRIP GLOBAL, INC.
Employer identification number (EIN):	263861881
NAIC Classification:	425110
NAIC Description:	Business to Business Electronic Markets