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CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 401k Plan overview

Plan NameCARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN
Plan identification number 001

CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • 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

CARLOS E. TORRES, INC. has sponsored the creation of one or more 401k plans.

Company Name:CARLOS E. TORRES, INC.
Employer identification number (EIN):330935565
NAIC Classification:561900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-12-01CARLOS E. TORRES2024-08-20 CARLOS E. TORRES2024-08-20
0012021-12-01CARLOS E. TORRES2023-10-11 CARLOS E. TORRES2023-10-11
0012020-12-01CARLOS E. TORRES2022-09-14 CARLOS E. TORRES2022-09-14
0012019-12-01CARLOS E. TORRES2021-09-08 CARLOS E. TORRES2021-09-08
0012016-12-01
0012011-12-01ERNEST S. RYDER, ESQ.
0012009-12-01ERNEST S. RYDER ERNEST S. RYDER2011-09-14
0012008-12-01

Plan Statistics for CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN

401k plan membership statisitcs for CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN

Measure Date Value
2022: CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year2022-12-0117
Total number of active participants reported on line 7a of the Form 55002022-12-0117
Number of retired or separated participants receiving benefits2022-12-010
Number of other retired or separated participants entitled to future benefits2022-12-010
Total of all active and inactive participants2022-12-0117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-12-010
Total participants2022-12-0117
Number of participants with account balances2022-12-0117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-12-010
2021: CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year2021-12-0117
Total number of active participants reported on line 7a of the Form 55002021-12-0117
Number of retired or separated participants receiving benefits2021-12-010
Number of other retired or separated participants entitled to future benefits2021-12-010
Total of all active and inactive participants2021-12-0117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-12-010
Total participants2021-12-0117
Number of participants with account balances2021-12-0117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-12-010
2020: CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year2020-12-0122
Total number of active participants reported on line 7a of the Form 55002020-12-0116
Number of retired or separated participants receiving benefits2020-12-010
Number of other retired or separated participants entitled to future benefits2020-12-010
Total of all active and inactive participants2020-12-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-12-010
Total participants2020-12-0116
Number of participants with account balances2020-12-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-12-010
2019: CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year2019-12-0122
Total number of active participants reported on line 7a of the Form 55002019-12-0122
Number of retired or separated participants receiving benefits2019-12-010
Number of other retired or separated participants entitled to future benefits2019-12-010
Total of all active and inactive participants2019-12-0122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-12-010
Total participants2019-12-0122
Number of participants with account balances2019-12-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-12-010
2016: CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-12-012
Total number of active participants reported on line 7a of the Form 55002016-12-0192
Number of retired or separated participants receiving benefits2016-12-010
Number of other retired or separated participants entitled to future benefits2016-12-010
Total of all active and inactive participants2016-12-0192
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-12-010
Total participants2016-12-0192
Number of participants with account balances2016-12-0192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-12-010
2011: CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-12-012
Total number of active participants reported on line 7a of the Form 55002011-12-012
Number of retired or separated participants receiving benefits2011-12-010
Number of other retired or separated participants entitled to future benefits2011-12-010
Total of all active and inactive participants2011-12-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-12-010
Total participants2011-12-012
Number of participants with account balances2011-12-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-12-010
2009: CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year2009-12-012
Total number of active participants reported on line 7a of the Form 55002009-12-012
Number of retired or separated participants receiving benefits2009-12-010
Number of other retired or separated participants entitled to future benefits2009-12-010
Total of all active and inactive participants2009-12-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-12-010
Total participants2009-12-012
Number of participants with account balances2009-12-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-12-010

Financial Data on CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN

Measure Date Value
2023 : CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2023 401k financial data
Total plan liabilities at end of year2023-11-30$0
Total plan liabilities at beginning of year2023-11-30$0
Total income from all sources2023-11-30$917,186
Expenses. Total of all expenses incurred2023-11-30$0
Total plan assets at end of year2023-11-30$15,823,098
Total plan assets at beginning of year2023-11-30$14,905,912
Value of fidelity bond covering the plan2023-11-30$500,000
Total contributions received or receivable from participants2023-11-30$0
Contributions received from other sources (not participants or employers)2023-11-30$0
Other income received2023-11-30$917,186
Net income (gross income less expenses)2023-11-30$917,186
Net plan assets at end of year (total assets less liabilities)2023-11-30$15,823,098
Net plan assets at beginning of year (total assets less liabilities)2023-11-30$14,905,912
Assets. Value of employer securities2023-11-30$6,580,831
Total contributions received or receivable from employer(s)2023-11-30$0
2022 : CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2022 401k financial data
Total plan liabilities at end of year2022-11-30$0
Total income from all sources2022-11-30$-1,313,754
Expenses. Total of all expenses incurred2022-11-30$0
Total plan assets at end of year2022-11-30$14,905,912
Total plan assets at beginning of year2022-11-30$16,219,666
Value of fidelity bond covering the plan2022-11-30$10,000
Other income received2022-11-30$-1,313,754
Net income (gross income less expenses)2022-11-30$-1,313,754
Net plan assets at end of year (total assets less liabilities)2022-11-30$14,905,912
Net plan assets at beginning of year (total assets less liabilities)2022-11-30$16,219,666
Assets. Value of employer securities2022-11-30$6,682,937
2021 : CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2021 401k financial data
Total plan liabilities at beginning of year2021-11-30$0
Total income from all sources2021-11-30$1,589,881
Expenses. Total of all expenses incurred2021-11-30$0
Total plan assets at end of year2021-11-30$16,219,666
Total plan assets at beginning of year2021-11-30$14,629,785
Value of fidelity bond covering the plan2021-11-30$10,000
Total contributions received or receivable from participants2021-11-30$0
Contributions received from other sources (not participants or employers)2021-11-30$0
Other income received2021-11-30$1,589,881
Net income (gross income less expenses)2021-11-30$1,589,881
Net plan assets at end of year (total assets less liabilities)2021-11-30$16,219,666
Net plan assets at beginning of year (total assets less liabilities)2021-11-30$14,629,785
Assets. Value of employer securities2021-11-30$6,816,059
Total contributions received or receivable from employer(s)2021-11-30$0
2020 : CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2020 401k financial data
Total plan liabilities at end of year2020-11-30$0
Total plan liabilities at beginning of year2020-11-30$0
Total income from all sources2020-11-30$724,016
Expenses. Total of all expenses incurred2020-11-30$0
Total plan assets at end of year2020-11-30$14,629,785
Total plan assets at beginning of year2020-11-30$13,905,769
Value of fidelity bond covering the plan2020-11-30$10,000
Total contributions received or receivable from participants2020-11-30$0
Contributions received from other sources (not participants or employers)2020-11-30$0
Other income received2020-11-30$709,016
Net income (gross income less expenses)2020-11-30$724,016
Net plan assets at end of year (total assets less liabilities)2020-11-30$14,629,785
Net plan assets at beginning of year (total assets less liabilities)2020-11-30$13,905,769
Assets. Value of employer securities2020-11-30$6,630,922
Total contributions received or receivable from employer(s)2020-11-30$15,000
2019 : CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2019 401k financial data
Total plan liabilities at end of year2019-11-30$0
Total plan liabilities at beginning of year2019-11-30$0
Total income from all sources2019-11-30$746,679
Expenses. Total of all expenses incurred2019-11-30$0
Total plan assets at end of year2019-11-30$13,905,769
Total plan assets at beginning of year2019-11-30$13,159,090
Value of fidelity bond covering the plan2019-11-30$10,000
Other income received2019-11-30$716,679
Net income (gross income less expenses)2019-11-30$746,679
Net plan assets at end of year (total assets less liabilities)2019-11-30$13,905,769
Net plan assets at beginning of year (total assets less liabilities)2019-11-30$13,159,090
Assets. Value of employer securities2019-11-30$6,748,872
Total contributions received or receivable from employer(s)2019-11-30$30,000
2017 : CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2017 401k financial data
Transfers to/from the plan2017-11-30$0
Total plan liabilities at end of year2017-11-30$0
Total plan liabilities at beginning of year2017-11-30$0
Total income from all sources2017-11-30$2,778,278
Expenses. Total of all expenses incurred2017-11-30$0
Total plan assets at end of year2017-11-30$13,066,290
Total plan assets at beginning of year2017-11-30$10,288,012
Value of fidelity bond covering the plan2017-11-30$10,000
Other income received2017-11-30$2,763,278
Net income (gross income less expenses)2017-11-30$2,778,278
Net plan assets at end of year (total assets less liabilities)2017-11-30$13,066,290
Net plan assets at beginning of year (total assets less liabilities)2017-11-30$10,288,012
Assets. Value of employer securities2017-11-30$7,007,328
Total contributions received or receivable from employer(s)2017-11-30$15,000
2012 : CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2012 401k financial data
Transfers to/from the plan2012-11-30$0
Total plan liabilities at end of year2012-11-30$0
Total plan liabilities at beginning of year2012-11-30$0
Total income from all sources2012-11-30$1,383,128
Expenses. Total of all expenses incurred2012-11-30$0
Total plan assets at end of year2012-11-30$9,766,945
Total plan assets at beginning of year2012-11-30$8,383,817
Value of fidelity bond covering the plan2012-11-30$500,000
Total contributions received or receivable from participants2012-11-30$0
Contributions received from other sources (not participants or employers)2012-11-30$1,026,028
Other income received2012-11-30$357,100
Noncash contributions received2012-11-30$0
Net income (gross income less expenses)2012-11-30$1,383,128
Net plan assets at end of year (total assets less liabilities)2012-11-30$9,766,945
Net plan assets at beginning of year (total assets less liabilities)2012-11-30$8,383,817
Assets. Value of employer securities2012-11-30$5,305,357
Total contributions received or receivable from employer(s)2012-11-30$0
2011 : CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2011 401k financial data
Transfers to/from the plan2011-11-30$0
Total plan liabilities at end of year2011-11-30$0
Total plan liabilities at beginning of year2011-11-30$0
Total income from all sources2011-11-30$-348,849
Expenses. Total of all expenses incurred2011-11-30$0
Benefits paid (including direct rollovers)2011-11-30$0
Total plan assets at end of year2011-11-30$8,383,817
Total plan assets at beginning of year2011-11-30$8,732,666
Value of fidelity bond covering the plan2011-11-30$500,000
Total contributions received or receivable from participants2011-11-30$0
Expenses. Other expenses not covered elsewhere2011-11-30$0
Contributions received from other sources (not participants or employers)2011-11-30$0
Other income received2011-11-30$-348,849
Noncash contributions received2011-11-30$0
Net income (gross income less expenses)2011-11-30$-348,849
Net plan assets at end of year (total assets less liabilities)2011-11-30$8,383,817
Net plan assets at beginning of year (total assets less liabilities)2011-11-30$8,732,666
Assets. Value of employer securities2011-11-30$5,446,935
Total contributions received or receivable from employer(s)2011-11-30$0
Value of certain deemed distributions of participant loans2011-11-30$0
Value of corrective distributions2011-11-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-11-30$0

Form 5500 Responses for CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN

2022: CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2022 form 5500 responses
2022-12-01Type of plan entitySingle employer plan
2022-12-01Submission has been amendedNo
2022-12-01This submission is the final filingNo
2022-12-01This return/report is a short plan year return/report (less than 12 months)No
2022-12-01Plan is a collectively bargained planNo
2022-12-01Plan funding arrangement – TrustYes
2022-12-01Plan benefit arrangement - TrustYes
2021: CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2021 form 5500 responses
2021-12-01Type of plan entitySingle employer plan
2021-12-01Submission has been amendedNo
2021-12-01This submission is the final filingNo
2021-12-01This return/report is a short plan year return/report (less than 12 months)No
2021-12-01Plan is a collectively bargained planNo
2021-12-01Plan funding arrangement – TrustYes
2021-12-01Plan benefit arrangement - TrustYes
2020: CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2020 form 5500 responses
2020-12-01Type of plan entitySingle employer plan
2020-12-01Submission has been amendedNo
2020-12-01This submission is the final filingNo
2020-12-01This return/report is a short plan year return/report (less than 12 months)No
2020-12-01Plan is a collectively bargained planNo
2020-12-01Plan funding arrangement – TrustYes
2020-12-01Plan benefit arrangement - TrustYes
2019: CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2019 form 5500 responses
2019-12-01Type of plan entitySingle employer plan
2019-12-01Submission has been amendedNo
2019-12-01This submission is the final filingNo
2019-12-01This return/report is a short plan year return/report (less than 12 months)No
2019-12-01Plan is a collectively bargained planNo
2019-12-01Plan funding arrangement – TrustYes
2019-12-01Plan benefit arrangement - TrustYes
2016: CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2016 form 5500 responses
2016-12-01Type of plan entitySingle employer plan
2016-12-01Submission has been amendedNo
2016-12-01This submission is the final filingNo
2016-12-01This return/report is a short plan year return/report (less than 12 months)No
2016-12-01Plan is a collectively bargained planNo
2016-12-01Plan funding arrangement – TrustYes
2016-12-01Plan benefit arrangement - TrustYes
2011: CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2011 form 5500 responses
2011-12-01Type of plan entitySingle employer plan
2011-12-01Submission has been amendedNo
2011-12-01This submission is the final filingNo
2011-12-01This return/report is a short plan year return/report (less than 12 months)No
2011-12-01Plan is a collectively bargained planNo
2011-12-01Plan funding arrangement – TrustYes
2011-12-01Plan benefit arrangement - TrustYes
2009: CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2009 form 5500 responses
2009-12-01Type of plan entitySingle employer plan
2009-12-01Submission has been amendedNo
2009-12-01This submission is the final filingNo
2009-12-01This return/report is a short plan year return/report (less than 12 months)No
2009-12-01Plan is a collectively bargained planNo
2009-12-01Plan funding arrangement – TrustYes
2009-12-01Plan benefit arrangement - TrustYes
2008: CARLOS E. TORRES, INC. RETIREMENT SAVINGS PLAN 2008 form 5500 responses
2008-12-01Type of plan entitySingle employer plan
2008-12-01Submission has been amendedNo
2008-12-01This submission is the final filingNo
2008-12-01This return/report is a short plan year return/report (less than 12 months)No
2008-12-01Plan is a collectively bargained planNo

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