INDUSTRIAL AND COMMERCIAL BANK O has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan INDUSTRIAL AND COMMERCIAL BANK OF CHINA FINANCIAL SERVICES LLC,
| Measure | Date | Value |
|---|
| 2023 : INDUSTRIAL AND COMMERCIAL BANK OF CHINA FINANCIAL SERVICES LLC, 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total transfer of assets to this plan | 2023-12-31 | $0 |
| Total transfer of assets from this plan | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $6,868,646 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $2,507,294 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $2,431,132 |
| Expenses. Certain deemed distributions of participant loans | 2023-12-31 | $1,471 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $3,225,558 |
| Value of total assets at end of year | 2023-12-31 | $29,731,341 |
| Value of total assets at beginning of year | 2023-12-31 | $25,369,989 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $74,691 |
| Total interest from all sources | 2023-12-31 | $18,267 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $577,227 |
| 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 | $577,227 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| 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 | $1,522,769 |
| Participant contributions at end of year | 2023-12-31 | $243,473 |
| Participant contributions at beginning of year | 2023-12-31 | $324,695 |
| 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 | $4,361,352 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $29,731,341 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $25,369,989 |
| 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 |
| Investment advisory and management fees | 2023-12-31 | $67,211 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $25,810,129 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $20,229,591 |
| Interest on participant loans | 2023-12-31 | $18,267 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $3,677,739 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $4,815,703 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $2,923,040 |
| Net investment gain or loss from common/collective trusts | 2023-12-31 | $124,554 |
| 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 | $1,702,789 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $2,431,132 |
| 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 | COHNREZNICK LLP |
| Accountancy firm EIN | 2023-12-31 | 221478099 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total transfer of assets to this plan | 2023-01-01 | $0 |
| Total transfer of assets from this plan | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $6,868,646 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $2,507,294 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $2,431,132 |
| Expenses. Certain deemed distributions of participant loans | 2023-01-01 | $1,471 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $3,225,558 |
| Value of total assets at end of year | 2023-01-01 | $29,731,341 |
| Value of total assets at beginning of year | 2023-01-01 | $25,369,989 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $74,691 |
| Total interest from all sources | 2023-01-01 | $18,267 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $577,227 |
| 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 | $577,227 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $500,000 |
| 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 | $1,522,769 |
| Participant contributions at end of year | 2023-01-01 | $243,473 |
| Participant contributions at beginning of year | 2023-01-01 | $324,695 |
| 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 | $4,361,352 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $29,731,341 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $25,369,989 |
| 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 |
| Investment advisory and management fees | 2023-01-01 | $67,211 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $25,810,129 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $20,229,591 |
| Interest on participant loans | 2023-01-01 | $18,267 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $3,677,739 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $4,815,703 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $2,923,040 |
| Net investment gain or loss from common/collective trusts | 2023-01-01 | $124,554 |
| 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 | $1,702,789 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $2,431,132 |
| 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 | COHNREZNICK LLP |
| Accountancy firm EIN | 2023-01-01 | 221478099 |
| 2022 : INDUSTRIAL AND COMMERCIAL BANK OF CHINA FINANCIAL SERVICES LLC, 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total transfer of assets to this plan | 2022-12-31 | $0 |
| Total transfer of assets from this plan | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-1,016,641 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $3,938,121 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $3,845,665 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $19,510 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $3,395,396 |
| Value of total assets at end of year | 2022-12-31 | $25,369,989 |
| Value of total assets at beginning of year | 2022-12-31 | $30,324,751 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $72,946 |
| Total interest from all sources | 2022-12-31 | $18,241 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $592,554 |
| 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 | $592,554 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| 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 | $1,386,456 |
| Participant contributions at end of year | 2022-12-31 | $324,695 |
| Participant contributions at beginning of year | 2022-12-31 | $337,262 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $280,670 |
| Administrative expenses (other) incurred | 2022-12-31 | $72,946 |
| 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 | $-4,954,762 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $25,369,989 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $30,324,751 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $20,229,591 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $26,596,177 |
| Interest on participant loans | 2022-12-31 | $18,241 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $4,815,703 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $3,391,312 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-5,099,559 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $76,727 |
| 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 | No |
| 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 | $1,728,270 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $3,845,665 |
| 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 | COHNREZNICK LLP |
| Accountancy firm EIN | 2022-12-31 | 221478099 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total transfer of assets to this plan | 2022-01-01 | $0 |
| Total transfer of assets from this plan | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-1,016,641 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $3,938,121 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $3,845,665 |
| Expenses. Certain deemed distributions of participant loans | 2022-01-01 | $19,510 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $3,395,396 |
| Value of total assets at end of year | 2022-01-01 | $25,369,989 |
| Value of total assets at beginning of year | 2022-01-01 | $30,324,751 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $72,946 |
| Total interest from all sources | 2022-01-01 | $18,241 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $592,554 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $592,554 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $1,386,456 |
| Participant contributions at end of year | 2022-01-01 | $324,695 |
| Participant contributions at beginning of year | 2022-01-01 | $337,262 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $280,670 |
| Administrative expenses (other) incurred | 2022-01-01 | $72,946 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-4,954,762 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $25,369,989 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $30,324,751 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $20,229,591 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $26,596,177 |
| Interest on participant loans | 2022-01-01 | $18,241 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $4,815,703 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $3,391,312 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-5,099,559 |
| Net investment gain or loss from common/collective trusts | 2022-01-01 | $76,727 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $1,728,270 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $3,845,665 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | COHNREZNICK LLP |
| Accountancy firm EIN | 2022-01-01 | 221478099 |
| 2021 : INDUSTRIAL AND COMMERCIAL BANK OF CHINA FINANCIAL SERVICES LLC, 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total transfer of assets to this plan | 2021-12-31 | $0 |
| Total transfer of assets from this plan | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $6,325,816 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $2,459,677 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $2,386,198 |
| Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $1,078 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $3,220,537 |
| Value of total assets at end of year | 2021-12-31 | $30,324,751 |
| Value of total assets at beginning of year | 2021-12-31 | $26,458,612 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $72,401 |
| Total interest from all sources | 2021-12-31 | $24,510 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $2,743,347 |
| 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 | $2,743,347 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| 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 | $1,473,956 |
| Participant contributions at end of year | 2021-12-31 | $337,262 |
| Participant contributions at beginning of year | 2021-12-31 | $401,327 |
| Administrative expenses (other) incurred | 2021-12-31 | $72,401 |
| 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 | $3,866,139 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $30,324,751 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $26,458,612 |
| 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 | $26,596,177 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $22,832,935 |
| Interest on participant loans | 2021-12-31 | $24,510 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $3,391,312 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $3,224,350 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $292,215 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $45,207 |
| 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 | No |
| 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 | $1,746,581 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $2,386,198 |
| 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 | COHNREZNICK LLP |
| Accountancy firm EIN | 2021-12-31 | 221478099 |
| 2020 : INDUSTRIAL AND COMMERCIAL BANK OF CHINA FINANCIAL SERVICES LLC, 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total transfer of assets to this plan | 2020-12-31 | $0 |
| Total transfer of assets from this plan | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $6,849,953 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $1,008,653 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $991,566 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $1,027 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $3,196,780 |
| Value of total assets at end of year | 2020-12-31 | $26,458,612 |
| Value of total assets at beginning of year | 2020-12-31 | $20,617,312 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $16,060 |
| Total interest from all sources | 2020-12-31 | $24,387 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $1,179,113 |
| 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 | $1,179,113 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $1,420,525 |
| Participant contributions at end of year | 2020-12-31 | $401,327 |
| Participant contributions at beginning of year | 2020-12-31 | $340,679 |
| Administrative expenses (other) incurred | 2020-12-31 | $16,060 |
| 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 | $5,841,300 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $26,458,612 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $20,617,312 |
| 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 | $22,832,935 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $18,205,614 |
| Interest on participant loans | 2020-12-31 | $24,387 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $3,224,350 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $2,071,019 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $2,447,157 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $2,516 |
| 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 | No |
| 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 | $1,776,255 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $991,566 |
| 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 | Unqualified |
| Accountancy firm name | 2020-12-31 | COHNREZNICK LLP |
| Accountancy firm EIN | 2020-12-31 | 221478099 |
| 2019 : INDUSTRIAL AND COMMERCIAL BANK OF CHINA FINANCIAL SERVICES LLC, 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total transfer of assets to this plan | 2019-12-31 | $0 |
| Total transfer of assets from this plan | 2019-12-31 | $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 | $6,640,436 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $685,982 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $683,074 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $973 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $3,074,689 |
| Value of total assets at end of year | 2019-12-31 | $20,617,312 |
| Value of total assets at beginning of year | 2019-12-31 | $14,662,858 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $1,935 |
| Total interest from all sources | 2019-12-31 | $12,566 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $1,287,848 |
| 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 | $1,287,848 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $1,349,127 |
| Participant contributions at end of year | 2019-12-31 | $340,679 |
| Participant contributions at beginning of year | 2019-12-31 | $210,633 |
| Administrative expenses (other) incurred | 2019-12-31 | $1,935 |
| 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 | $5,954,454 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $20,617,312 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $14,662,858 |
| 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 | $18,205,614 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $12,852,937 |
| Interest on participant loans | 2019-12-31 | $12,566 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $2,071,019 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $1,599,288 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $2,167,107 |
| Net investment gain or loss from common/collective trusts | 2019-12-31 | $98,226 |
| 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 | No |
| 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 | $1,725,562 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $683,074 |
| 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 | COHNREZNICK LLP |
| Accountancy firm EIN | 2019-12-31 | 221478099 |
| 2018 : INDUSTRIAL AND COMMERCIAL BANK OF CHINA FINANCIAL SERVICES LLC, 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total transfer of assets to this plan | 2018-12-31 | $0 |
| Total transfer of assets from this plan | 2018-12-31 | $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 | $1,811,813 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $865,625 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $863,451 |
| Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $929 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $3,042,714 |
| Value of total assets at end of year | 2018-12-31 | $14,662,858 |
| Value of total assets at beginning of year | 2018-12-31 | $13,716,670 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $1,245 |
| Total interest from all sources | 2018-12-31 | $13,695 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $876,550 |
| 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 | $876,550 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $1,365,621 |
| Participant contributions at end of year | 2018-12-31 | $210,633 |
| Participant contributions at beginning of year | 2018-12-31 | $275,007 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $5,360 |
| Administrative expenses (other) incurred | 2018-12-31 | $1,245 |
| 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 | $946,188 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $14,662,858 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $13,716,670 |
| 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 | $12,852,937 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $12,139,702 |
| Interest on participant loans | 2018-12-31 | $13,695 |
| Value of interest in common/collective trusts at end of year | 2018-12-31 | $1,599,288 |
| Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $1,301,961 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-2,100,876 |
| Net investment gain or loss from common/collective trusts | 2018-12-31 | $-20,270 |
| 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 | No |
| 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 | $1,671,733 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $863,451 |
| 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 | COHNREZNICK LLP |
| Accountancy firm EIN | 2018-12-31 | 221478099 |
