NEW DIRECTIONS, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan NEW DIRECTIONS, INC. 401K PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2022 : NEW DIRECTIONS, INC. 401K PROFIT SHARING PLAN 2022 401k financial data |
|---|
| Total liabilities as of the end of the plan year | 2022-01-15 | 0 |
| Total liabilities as of the beginning of the plan year | 2022-01-15 | 35 |
| Total expenses incurred by plan in this plan year | 2022-01-15 | 4609368 |
| Net assets as of the end of the plan year | 2022-01-15 | 0 |
| Total assets as of the beginning of the plan year | 2022-01-15 | 4019521 |
| Value of plan covered by a fidelity bond | 2022-01-15 | 500000 |
| Participant contributions to plan in this plan year | 2022-01-15 | 116459 |
| Other expenses paid from plan in this plan year | 2022-01-15 | 0 |
| Other contributions to plan in this plan year | 2022-01-15 | 3056 |
| Other income to plan in this plan year | 2022-01-15 | 424161 |
| Plan net income in this plan year | 2022-01-15 | -4019486 |
| Net assets as of the end of the plan year | 2022-01-15 | 0 |
| Net assets as of the beginning of the plan year | 2022-01-15 | 4019486 |
| Employer contributions to plan in this plan year | 2022-01-15 | 46206 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-01-15 | 46662 |
| 2012 : NEW DIRECTIONS, INC. 401K PROFIT SHARING PLAN 2012 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $130 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Expenses. Interest paid | 2012-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $401,695 |
| Total loss/gain on sale of assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $225,074 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $217,929 |
| Expenses. Certain deemed distributions of participant loans | 2012-12-31 | $0 |
| Value of total corrective distributions | 2012-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $190,848 |
| Value of total assets at end of year | 2012-12-31 | $2,289,027 |
| Value of total assets at beginning of year | 2012-12-31 | $2,112,276 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $7,145 |
| Total interest from all sources | 2012-12-31 | $2,804 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $54,122 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $54,122 |
| Administrative expenses professional fees incurred | 2012-12-31 | $1,779 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $250,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $130,499 |
| Participant contributions at end of year | 2012-12-31 | $49,025 |
| Participant contributions at beginning of year | 2012-12-31 | $63,079 |
| Participant contributions at end of year | 2012-12-31 | $72 |
| Participant contributions at beginning of year | 2012-12-31 | $5,434 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $0 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2012-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $139,756 |
| Liabilities. Value of operating payables at end of year | 2012-12-31 | $130 |
| Liabilities. Value of operating payables at beginning of year | 2012-12-31 | $0 |
| Total non interest bearing cash at end of year | 2012-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2012-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Income. Non cash contributions | 2012-12-31 | $0 |
| Value of net income/loss | 2012-12-31 | $176,621 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $2,288,897 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $2,112,276 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Investment advisory and management fees | 2012-12-31 | $5,366 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $1,736,039 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $1,605,318 |
| Interest on participant loans | 2012-12-31 | $2,781 |
| Interest earned on other investments | 2012-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2012-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $296,242 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $503,891 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $23 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2012-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $152,419 |
| Net investment gain or loss from common/collective trusts | 2012-12-31 | $1,502 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Contributions received in cash from employer | 2012-12-31 | $60,349 |
| Employer contributions (assets) at end of year | 2012-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2012-12-31 | $2,447 |
| Income. Dividends from preferred stock | 2012-12-31 | $0 |
| Income. Dividends from common stock | 2012-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $217,929 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2012-12-31 | Yes |
| Did the plan have assets held for investment | 2012-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Unqualified |
| Accountancy firm name | 2012-12-31 | OLSEN THIELEN & CO, LTD. |
| Accountancy firm EIN | 2012-12-31 | 411360831 |
| 2011 : NEW DIRECTIONS, INC. 401K PROFIT SHARING PLAN 2011 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $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 | $270,673 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $300,584 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $299,881 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $319,273 |
| Value of total assets at end of year | 2011-12-31 | $2,112,276 |
| Value of total assets at beginning of year | 2011-12-31 | $2,142,187 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $703 |
| Total interest from all sources | 2011-12-31 | $-48,600 |
| 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 year | 2011-12-31 | No |
| Administrative expenses professional fees incurred | 2011-12-31 | $703 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $250,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $122,085 |
| Participant contributions at end of year | 2011-12-31 | $63,079 |
| Participant contributions at beginning of year | 2011-12-31 | $83,502 |
| Participant contributions at end of year | 2011-12-31 | $5,434 |
| Participant contributions at beginning of year | 2011-12-31 | $4,609 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $139,756 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $116,718 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $-29,911 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $2,112,276 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $2,142,187 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $1,605,318 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $1,668,133 |
| Interest on participant loans | 2011-12-31 | $3,588 |
| Interest earned on other investments | 2011-12-31 | $-52,188 |
| Value of interest in common/collective trusts at end of year | 2011-12-31 | $296,242 |
| Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $267,109 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Contributions received in cash from employer | 2011-12-31 | $197,188 |
| Employer contributions (assets) at end of year | 2011-12-31 | $2,447 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $2,116 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $299,881 |
| Liabilities. Value of benefit claims payable at end of year | 2011-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2011-12-31 | $0 |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Unqualified |
| Accountancy firm name | 2011-12-31 | OLSEN THIELEN & CO, LTD. |
| Accountancy firm EIN | 2011-12-31 | 411360831 |
| 2010 : NEW DIRECTIONS, INC. 401K PROFIT SHARING PLAN 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $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 | $518,751 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $318,007 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $314,229 |
| Expenses. Certain deemed distributions of participant loans | 2010-12-31 | $3,055 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $296,068 |
| Value of total assets at end of year | 2010-12-31 | $2,142,187 |
| Value of total assets at beginning of year | 2010-12-31 | $1,941,443 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $723 |
| Total interest from all sources | 2010-12-31 | $2,549 |
| 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 year | 2010-12-31 | No |
| Administrative expenses professional fees incurred | 2010-12-31 | $723 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $250,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $122,762 |
| Participant contributions at end of year | 2010-12-31 | $83,502 |
| Participant contributions at beginning of year | 2010-12-31 | $49,217 |
| Participant contributions at end of year | 2010-12-31 | $4,609 |
| Participant contributions at beginning of year | 2010-12-31 | $2,338 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $116,718 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $144,918 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Income. Non cash contributions | 2010-12-31 | $0 |
| Value of net income/loss | 2010-12-31 | $200,744 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $2,142,187 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $1,941,443 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $1,668,133 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $1,524,317 |
| Interest on participant loans | 2010-12-31 | $2,549 |
| Value of interest in common/collective trusts at end of year | 2010-12-31 | $267,109 |
| Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $215,768 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $220,134 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $173,306 |
| Employer contributions (assets) at end of year | 2010-12-31 | $2,116 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $4,885 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $314,229 |
| Liabilities. Value of benefit claims payable at end of year | 2010-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2010-12-31 | $0 |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
| Accountancy firm name | 2010-12-31 | OLSEN THIELEN & CO, LTD. |
| Accountancy firm EIN | 2010-12-31 | 411360831 |
| 2009 : NEW DIRECTIONS, INC. 401K PROFIT SHARING PLAN 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
