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Plan Name | ARTEL, LLC 401(K) PROFIT SHARING PLAN AND TRUST |
Plan identification number | 001 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
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Company Name: | ARTEL, LLC |
Employer identification number (EIN): | 300792961 |
Additional information about ARTEL, LLC
Jurisdiction of Incorporation: | Virginia Secretary of State |
Incorporation Date: | 2011-05-24 |
Company Identification Number: | S365522 |
Legal Registered Office Address: |
1893 PRESTON WHITE DR RESTON United States of America (USA) 20191 |
More information about ARTEL, LLC
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2013-01-01 | DAVID WHITMORE |
Measure | Date | Value |
---|---|---|
2013: ARTEL, LLC 401(K) PROFIT SHARING PLAN AND TRUST 2013 401k membership | ||
Total participants, beginning-of-year | 2013-01-01 | 171 |
Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 91 |
Number of retired or separated participants receiving benefits | 2013-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 57 |
Total of all active and inactive participants | 2013-01-01 | 148 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 0 |
Total participants | 2013-01-01 | 148 |
Number of participants with account balances | 2013-01-01 | 113 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 3 |
Measure | Date | Value |
---|---|---|
2013 : ARTEL, LLC 401(K) PROFIT SHARING PLAN AND TRUST 2013 401k financial data | ||
Total income from all sources (including contributions) | 2013-12-31 | $2,665,323 |
Total of all expenses incurred | 2013-12-31 | $4,948,142 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $4,901,850 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $1,162,040 |
Value of total assets at end of year | 2013-12-31 | $9,471,717 |
Value of total assets at beginning of year | 2013-12-31 | $11,754,536 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $46,292 |
Total interest from all sources | 2013-12-31 | $3,835 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $156,902 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $156,902 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $647,162 |
Participant contributions at end of year | 2013-12-31 | $75,994 |
Participant contributions at beginning of year | 2013-12-31 | $87,575 |
Participant contributions at end of year | 2013-12-31 | $23,049 |
Participant contributions at beginning of year | 2013-12-31 | $26,885 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $341,299 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $128 |
Administrative expenses (other) incurred | 2013-12-31 | $43,784 |
Total non interest bearing cash at beginning of year | 2013-12-31 | $11,899 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $-2,282,819 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $9,471,717 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $11,754,536 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $8,962,468 |
Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $11,211,822 |
Interest on participant loans | 2013-12-31 | $3,412 |
Interest earned on other investments | 2013-12-31 | $423 |
Value of interest in common/collective trusts at end of year | 2013-12-31 | $186,089 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $50,396 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $199,157 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $624,405 |
Net investment gain/loss from pooled separate accounts | 2013-12-31 | $716,062 |
Net investment gain or loss from common/collective trusts | 2013-12-31 | $2,079 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $173,579 |
Employer contributions (assets) at end of year | 2013-12-31 | $173,593 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $217,198 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $4,901,850 |
Contract administrator fees | 2013-12-31 | $2,508 |
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 | 2013-12-31 | Yes |
Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | STOUT, CAUSEY & HORNING, P.A. |
Accountancy firm EIN | 2013-12-31 | 521743645 |
2013: ARTEL, LLC 401(K) PROFIT SHARING PLAN AND TRUST 2013 form 5500 responses | ||
---|---|---|
2013-01-01 | Type of plan entity | Single employer plan |
2013-01-01 | Plan funding arrangement – Insurance | Yes |
2013-01-01 | Plan funding arrangement – Trust | Yes |
2013-01-01 | Plan benefit arrangement – Insurance | Yes |
2013-01-01 | Plan benefit arrangement - Trust | Yes |