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401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 401k Plan overview

Plan Name401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES
Plan identification number 001

401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

THE IDEAL GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name:THE IDEAL GROUP, INC.
Employer identification number (EIN):383517635
NAIC Classification:332300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01LINZIE VENEGAS2023-07-31
0012021-01-01LINZIE VENEGAS2022-08-15
0012021-01-01LINZIE VENEGAS2022-09-01
0012020-01-01RACHAEL JOHNSON2021-08-26
0012019-01-01RACHAEL JOHNSON2020-09-21
0012018-01-01RACHAEL JOHNSON2019-09-19
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01CYNTHIA TACHENY - AS PRACTITIONER
0012011-01-01CYNTHIA TACHENY - AS PRACTITIONER
0012009-01-01RACHAEL MORTON
0012009-01-01RACHAEL MORTON

Plan Statistics for 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES

401k plan membership statisitcs for 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES

Measure Date Value
2022: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2022 401k membership
Total participants, beginning-of-year2022-01-01369
Total number of active participants reported on line 7a of the Form 55002022-01-01369
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0158
Total of all active and inactive participants2022-01-01427
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01427
Number of participants with account balances2022-01-01283
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2021 401k membership
Total participants, beginning-of-year2021-01-01374
Total number of active participants reported on line 7a of the Form 55002021-01-01316
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0153
Total of all active and inactive participants2021-01-01369
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01369
Number of participants with account balances2021-01-01261
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2020 401k membership
Total participants, beginning-of-year2020-01-01330
Total number of active participants reported on line 7a of the Form 55002020-01-01290
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0158
Total of all active and inactive participants2020-01-01348
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01348
Number of participants with account balances2020-01-01246
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2019 401k membership
Total participants, beginning-of-year2019-01-01319
Total number of active participants reported on line 7a of the Form 55002019-01-01281
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0149
Total of all active and inactive participants2019-01-01330
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01330
Number of participants with account balances2019-01-01221
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2018 401k membership
Total participants, beginning-of-year2018-01-01342
Total number of active participants reported on line 7a of the Form 55002018-01-01260
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0145
Total of all active and inactive participants2018-01-01305
Total participants2018-01-01305
Number of participants with account balances2018-01-01214
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2017 401k membership
Total participants, beginning-of-year2017-01-01266
Total number of active participants reported on line 7a of the Form 55002017-01-01293
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0130
Total of all active and inactive participants2017-01-01323
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01323
Number of participants with account balances2017-01-01281
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2016 401k membership
Total participants, beginning-of-year2016-01-01245
Total number of active participants reported on line 7a of the Form 55002016-01-01231
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0135
Total of all active and inactive participants2016-01-01266
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01266
Number of participants with account balances2016-01-01188
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2015 401k membership
Total participants, beginning-of-year2015-01-01228
Total number of active participants reported on line 7a of the Form 55002015-01-01212
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0124
Total of all active and inactive participants2015-01-01236
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01236
Number of participants with account balances2015-01-01178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2014 401k membership
Total participants, beginning-of-year2014-01-01215
Total number of active participants reported on line 7a of the Form 55002014-01-01202
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0124
Total of all active and inactive participants2014-01-01226
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01226
Number of participants with account balances2014-01-01168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2013 401k membership
Total participants, beginning-of-year2013-01-01219
Total number of active participants reported on line 7a of the Form 55002013-01-01189
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0115
Total of all active and inactive participants2013-01-01204
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01204
Number of participants with account balances2013-01-01150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2012 401k membership
Total participants, beginning-of-year2012-01-01218
Total number of active participants reported on line 7a of the Form 55002012-01-01195
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0120
Total of all active and inactive participants2012-01-01215
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01215
Number of participants with account balances2012-01-01159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2011 401k membership
Total participants, beginning-of-year2011-01-01233
Total number of active participants reported on line 7a of the Form 55002011-01-01186
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0117
Total of all active and inactive participants2011-01-01203
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01203
Number of participants with account balances2011-01-01158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2009 401k membership
Total participants, beginning-of-year2009-01-01140
Total number of active participants reported on line 7a of the Form 55002009-01-01126
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0122
Total of all active and inactive participants2009-01-01148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01148
Number of participants with account balances2009-01-01120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES

Measure Date Value
2022 : 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2022 401k financial data
Total income from all sources (including contributions)2022-12-31$-1,236,164
Total of all expenses incurred2022-12-31$2,208,505
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$2,114,533
Value of total corrective distributions2022-12-31$4,061
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$2,789,622
Value of total assets at end of year2022-12-31$19,945,928
Value of total assets at beginning of year2022-12-31$23,390,597
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$89,911
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$1,010,189
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$1,010,189
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$3,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,800,595
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$211,832
Total non interest bearing cash at end of year2022-12-31$46
Total non interest bearing cash at beginning of year2022-12-31$37
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-3,444,669
Value of net assets at end of year (total assets less liabilities)2022-12-31$19,945,928
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$23,390,597
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$19,053,067
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$21,662,197
Value of interest in common/collective trusts at end of year2022-12-31$892,815
Value of interest in common/collective trusts at beginning of year2022-12-31$1,728,363
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-5,049,680
Net investment gain or loss from common/collective trusts2022-12-31$13,705
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$777,195
Employer contributions (assets) at end of year2022-12-31$0
Employer contributions (assets) at beginning of year2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$2,114,533
Contract administrator fees2022-12-31$89,911
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31DOEREN MAYHEW
Accountancy firm EIN2022-12-31382492570
2021 : 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$5,213,933
Total of all expenses incurred2021-12-31$1,556,957
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$1,459,531
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$2,400,856
Value of total assets at end of year2021-12-31$23,390,597
Value of total assets at beginning of year2021-12-31$19,733,621
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$97,426
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$1,214,818
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$1,214,818
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$3,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,611,005
Participant contributions at end of year2021-12-31$0
Participant contributions at beginning of year2021-12-31$23,429
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$124,649
Total non interest bearing cash at end of year2021-12-31$37
Total non interest bearing cash at beginning of year2021-12-31$32
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$3,656,976
Value of net assets at end of year (total assets less liabilities)2021-12-31$23,390,597
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$19,733,621
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$21,662,197
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$18,314,643
Value of interest in common/collective trusts at end of year2021-12-31$1,728,363
Value of interest in common/collective trusts at beginning of year2021-12-31$1,385,977
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$1,585,123
Net investment gain or loss from common/collective trusts2021-12-31$13,136
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$665,202
Employer contributions (assets) at end of year2021-12-31$0
Employer contributions (assets) at beginning of year2021-12-31$9,540
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$1,459,531
Contract administrator fees2021-12-31$97,426
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31DOEREN MAYHEW
Accountancy firm EIN2021-12-31382492570
2020 : 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$4,933,032
Total of all expenses incurred2020-12-31$957,812
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$877,230
Value of total corrective distributions2020-12-31$417
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,930,928
Value of total assets at end of year2020-12-31$19,733,621
Value of total assets at beginning of year2020-12-31$15,758,401
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$80,165
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$739,828
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$739,828
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$3,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$1,328,596
Participant contributions at end of year2020-12-31$23,429
Total non interest bearing cash at end of year2020-12-31$32
Total non interest bearing cash at beginning of year2020-12-31$32
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$3,975,220
Value of net assets at end of year (total assets less liabilities)2020-12-31$19,733,621
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$15,758,401
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$18,314,643
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$15,201,040
Value of interest in common/collective trusts at end of year2020-12-31$1,385,977
Value of interest in common/collective trusts at beginning of year2020-12-31$557,329
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$2,244,738
Net investment gain or loss from common/collective trusts2020-12-31$17,538
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$602,332
Employer contributions (assets) at end of year2020-12-31$9,540
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$877,230
Contract administrator fees2020-12-31$80,165
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31DOEREN MAYHEW
Accountancy firm EIN2020-12-31382492570
2019 : 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2019 401k financial data
Total income from all sources (including contributions)2019-12-31$4,614,113
Total of all expenses incurred2019-12-31$1,774,570
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,694,250
Value of total corrective distributions2019-12-31$945
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,843,327
Value of total assets at end of year2019-12-31$15,758,401
Value of total assets at beginning of year2019-12-31$12,918,858
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$79,375
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$644,227
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$644,227
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$3,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$1,215,286
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$69,408
Total non interest bearing cash at end of year2019-12-31$32
Total non interest bearing cash at beginning of year2019-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$2,839,543
Value of net assets at end of year (total assets less liabilities)2019-12-31$15,758,401
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$12,918,858
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$15,201,040
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$12,089,961
Value of interest in common/collective trusts at end of year2019-12-31$557,329
Value of interest in common/collective trusts at beginning of year2019-12-31$828,897
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$2,113,890
Net investment gain or loss from common/collective trusts2019-12-31$12,669
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$558,633
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,694,250
Contract administrator fees2019-12-31$79,375
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31DOEREN MAYHEW
Accountancy firm EIN2019-12-31382492570
2018 : 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2018 401k financial data
Total income from all sources (including contributions)2018-12-31$1,071,471
Total of all expenses incurred2018-12-31$858,672
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$838,968
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,731,547
Value of total assets at end of year2018-12-31$12,918,858
Value of total assets at beginning of year2018-12-31$12,706,059
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$19,704
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$582,772
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$582,772
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$3,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$1,138,242
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$63,869
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$212,799
Value of net assets at end of year (total assets less liabilities)2018-12-31$12,918,858
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$12,706,059
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$12,089,961
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$12,359,327
Value of interest in common/collective trusts at end of year2018-12-31$828,897
Value of interest in common/collective trusts at beginning of year2018-12-31$346,732
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-1,249,970
Net investment gain or loss from common/collective trusts2018-12-31$7,122
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$529,436
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$838,968
Contract administrator fees2018-12-31$19,704
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31DOEREN MAYHEW
Accountancy firm EIN2018-12-31382492570
2017 : 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2017 401k financial data
Total income from all sources (including contributions)2017-12-31$3,694,864
Total of all expenses incurred2017-12-31$641,436
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$641,111
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,879,310
Value of total assets at end of year2017-12-31$12,706,059
Value of total assets at beginning of year2017-12-31$9,652,631
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$325
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$449,309
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$449,309
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$1,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$1,036,800
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$346,674
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$3,053,428
Value of net assets at end of year (total assets less liabilities)2017-12-31$12,706,059
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$9,652,631
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$12,359,327
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$9,361,635
Value of interest in common/collective trusts at end of year2017-12-31$346,732
Value of interest in common/collective trusts at beginning of year2017-12-31$290,996
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,363,296
Net investment gain or loss from common/collective trusts2017-12-31$2,949
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$495,836
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$641,111
Contract administrator fees2017-12-31$325
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31DOEREN MAYHEW
Accountancy firm EIN2017-12-31382492570
2016 : 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2016 401k financial data
Total income from all sources (including contributions)2016-12-31$2,241,931
Total of all expenses incurred2016-12-31$455,220
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$454,970
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,715,853
Value of total assets at end of year2016-12-31$9,652,631
Value of total assets at beginning of year2016-12-31$7,865,920
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$250
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$315,568
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$315,568
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$3,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$865,165
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$426,308
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$1,786,711
Value of net assets at end of year (total assets less liabilities)2016-12-31$9,652,631
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$7,865,920
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$9,361,635
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$7,784,424
Value of interest in common/collective trusts at end of year2016-12-31$290,996
Value of interest in common/collective trusts at beginning of year2016-12-31$81,496
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$208,800
Net investment gain or loss from common/collective trusts2016-12-31$1,710
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$424,380
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$454,970
Contract administrator fees2016-12-31$250
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31DOEREN MAYHEW
Accountancy firm EIN2016-12-31382492570
2015 : 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2015 401k financial data
Total income from all sources (including contributions)2015-12-31$1,189,417
Total of all expenses incurred2015-12-31$641,849
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$641,649
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$1,239,070
Value of total assets at end of year2015-12-31$7,865,920
Value of total assets at beginning of year2015-12-31$7,318,352
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$200
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$356,030
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$356,030
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$1,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$784,756
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$65,362
Administrative expenses (other) incurred2015-12-31$200
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$547,568
Value of net assets at end of year (total assets less liabilities)2015-12-31$7,865,920
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$7,318,352
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$7,784,424
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$7,266,274
Value of interest in pooled separate accounts at beginning of year2015-12-31$0
Value of interest in common/collective trusts at end of year2015-12-31$81,496
Value of interest in common/collective trusts at beginning of year2015-12-31$52,078
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-406,322
Net investment gain or loss from common/collective trusts2015-12-31$639
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$388,952
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$641,649
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31DOEREN MAYHEW
Accountancy firm EIN2015-12-31382492570
2014 : 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2014 401k financial data
Total income from all sources (including contributions)2014-12-31$1,309,420
Total of all expenses incurred2014-12-31$248,985
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$247,946
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$997,503
Value of total assets at end of year2014-12-31$7,318,352
Value of total assets at beginning of year2014-12-31$6,257,917
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$1,039
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$241,763
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$241,763
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$1,000,000
If this is an individual account plan, was there a blackout period2014-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$665,479
Other income not declared elsewhere2014-12-31$4,440
Administrative expenses (other) incurred2014-12-31$1,039
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$1,060,435
Value of net assets at end of year (total assets less liabilities)2014-12-31$7,318,352
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$6,257,917
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$7,266,274
Value of interest in pooled separate accounts at end of year2014-12-31$0
Value of interest in pooled separate accounts at beginning of year2014-12-31$6,257,917
Value of interest in common/collective trusts at end of year2014-12-31$52,078
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$-256,396
Net investment gain/loss from pooled separate accounts2014-12-31$322,047
Net investment gain or loss from common/collective trusts2014-12-31$63
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$332,024
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$247,946
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-12-31Yes
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31DOEREN MAYHEW
Accountancy firm EIN2014-12-31382492570
2013 : 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2013 401k financial data
Total income from all sources (including contributions)2013-12-31$1,911,513
Total of all expenses incurred2013-12-31$1,194,685
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$1,192,642
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$922,285
Value of total assets at end of year2013-12-31$6,257,917
Value of total assets at beginning of year2013-12-31$5,541,089
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$2,043
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$1,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$611,263
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$1,864
Other income not declared elsewhere2013-12-31$1,027
Administrative expenses (other) incurred2013-12-31$2,043
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$716,828
Value of net assets at end of year (total assets less liabilities)2013-12-31$6,257,917
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$5,541,089
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in pooled separate accounts at end of year2013-12-31$6,257,917
Value of interest in pooled separate accounts at beginning of year2013-12-31$5,541,089
Net investment gain/loss from pooled separate accounts2013-12-31$988,201
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$309,158
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$1,192,642
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31DOEREN MAYHEW
Accountancy firm EIN2013-12-31382492570
2012 : 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2012 401k financial data
Total income from all sources (including contributions)2012-12-31$1,594,269
Total of all expenses incurred2012-12-31$288,699
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$285,208
Value of total corrective distributions2012-12-31$1,366
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$975,933
Value of total assets at end of year2012-12-31$5,541,089
Value of total assets at beginning of year2012-12-31$4,235,519
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$2,125
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$597,171
Participant contributions at beginning of year2012-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$64,229
Administrative expenses (other) incurred2012-12-31$2,099
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$1,305,570
Value of net assets at end of year (total assets less liabilities)2012-12-31$5,541,089
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$4,235,519
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$26
Value of interest in pooled separate accounts at end of year2012-12-31$5,541,089
Value of interest in pooled separate accounts at beginning of year2012-12-31$4,235,519
Net investment gain/loss from pooled separate accounts2012-12-31$618,336
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$314,533
Employer contributions (assets) at beginning of year2012-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$285,208
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31DOEREN MAYHEW
Accountancy firm EIN2012-12-31382492570
2011 : 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$723,204
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$346,254
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$343,266
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$838,059
Value of total assets at end of year2011-12-31$4,235,519
Value of total assets at beginning of year2011-12-31$3,858,569
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$2,988
Total interest from all sources2011-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$1,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$545,730
Participant contributions at end of year2011-12-31$0
Participant contributions at beginning of year2011-12-31$3,887
Administrative expenses (other) incurred2011-12-31$2,942
Total non interest bearing cash at beginning of year2011-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$376,950
Value of net assets at end of year (total assets less liabilities)2011-12-31$4,235,519
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$3,858,569
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$46
Value of interest in pooled separate accounts at end of year2011-12-31$4,235,519
Value of interest in pooled separate accounts at beginning of year2011-12-31$3,852,744
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$0
Net investment gain/loss from pooled separate accounts2011-12-31$-114,855
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$292,329
Employer contributions (assets) at end of year2011-12-31$0
Employer contributions (assets) at beginning of year2011-12-31$1,938
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$343,266
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31DOEREN MAYHEW
Accountancy firm EIN2011-12-31382492570
2010 : 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$1,138,577
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$194,540
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$192,097
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$708,412
Value of total assets at end of year2010-12-31$3,858,569
Value of total assets at beginning of year2010-12-31$2,914,532
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$2,443
Total interest from all sources2010-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$467,424
Participant contributions at end of year2010-12-31$3,887
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$6,734
Administrative expenses (other) incurred2010-12-31$2,408
Total non interest bearing cash at end of year2010-12-31$0
Total non interest bearing cash at beginning of year2010-12-31$3,360
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$944,037
Value of net assets at end of year (total assets less liabilities)2010-12-31$3,858,569
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$2,914,532
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$35
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$0
Value of interest in pooled separate accounts at end of year2010-12-31$3,852,744
Value of interest in pooled separate accounts at beginning of year2010-12-31$2,911,172
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$0
Net investment gain/loss from pooled separate accounts2010-12-31$430,165
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$234,254
Employer contributions (assets) at end of year2010-12-31$1,938
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$192,097
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31DOEREN MAYHEW
Accountancy firm EIN2010-12-31382492570

Form 5500 Responses for 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES

2022: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2021 form 5500 responses
2021-01-01Type of plan entityMulitple employer plan
2021-01-01Submission has been amendedYes
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2020 form 5500 responses
2020-01-01Type of plan entityMulitple employer plan
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2019 form 5500 responses
2019-01-01Type of plan entityMulitple employer plan
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2018 form 5500 responses
2018-01-01Type of plan entityMulitple employer plan
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2017 form 5500 responses
2017-01-01Type of plan entityMulitple employer plan
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2016 form 5500 responses
2016-01-01Type of plan entityMulitple employer plan
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2015 form 5500 responses
2015-01-01Type of plan entityMulitple employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2014 form 5500 responses
2014-01-01Type of plan entityMulitple employer plan
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2013 form 5500 responses
2013-01-01Type of plan entityMulitple employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2012 form 5500 responses
2012-01-01Type of plan entityMulitple employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2011 form 5500 responses
2011-01-01Type of plan entityMulitple employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: 401(K) SAVINGS PLAN OF THE IDEAL GROUP OF COMPANIES 2009 form 5500 responses
2009-01-01Type of plan entityMulitple employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number90159
Policy instance 1
Insurance contract or identification number90159
Number of Individuals Covered0
Insurance policy start date2014-01-01
Insurance policy end date2014-11-17
Total amount of commissions paid to insurance brokerUSD $15,318
Total amount of fees paid to insurance companyUSD $2,774
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Commission paid to Insurance BrokerUSD $15,318
Insurance broker organization code?3
Amount paid for insurance broker fees2774
Additional information about fees paid to insurance brokerTPA COMPENSATION
Insurance broker nameMICHIGAN BENEFIT CONSULTING, INC.
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number90159
Policy instance 1
Insurance contract or identification number90159
Number of Individuals Covered164
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $14,513
Total amount of fees paid to insurance companyUSD $2,907
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Commission paid to Insurance BrokerUSD $14,513
Insurance broker organization code?3
Amount paid for insurance broker fees2907
Additional information about fees paid to insurance brokerTPA COMPENSATION
Insurance broker nameMICHIGAN BENEFIT CONSULTING, INC.
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number90159
Policy instance 1
Insurance contract or identification number90159
Number of Individuals Covered167
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $12,166
Total amount of fees paid to insurance companyUSD $2,450
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Commission paid to Insurance BrokerUSD $12,166
Insurance broker organization code?3
Amount paid for insurance broker fees2450
Additional information about fees paid to insurance brokerTPA COMPENSATION AND ROLLOVER PAYMENT
Insurance broker nameMICHIGAN BENEFIT CONSULTING, INC.
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number90159
Policy instance 1
Insurance contract or identification number90159
Number of Individuals Covered175
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $10,166
Total amount of fees paid to insurance companyUSD $2,041
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number90159
Policy instance 1
Insurance contract or identification number90159
Number of Individuals Covered172
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $7,903
Total amount of fees paid to insurance companyUSD $2,422
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Commission paid to Insurance BrokerUSD $7,903
Insurance broker organization code?3
Amount paid for insurance broker fees2422
Additional information about fees paid to insurance brokerTPA COMPENSATION TPA JH IRA ROLLOVER PAYMENT OTHER ALLOWANCES
Insurance broker nameMICHIGAN BENEFIT CONSULTING, INC.

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