FORVIS, LLP has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan DIXON HUGHES GOODMAN LLP CASH BALANCE PLAN
Measure | Date | Value |
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2023: DIXON HUGHES GOODMAN LLP CASH BALANCE PLAN 2023 401k membership |
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Market value of plan assets | 2023-02-17 | 8,798,396 |
Acturial value of plan assets | 2023-02-17 | 8,798,396 |
Funding target for retired participants and beneficiaries receiving payment | 2023-02-17 | 0 |
Number of terminated vested participants | 2023-02-17 | 11 |
Fundng target for terminated vested participants | 2023-02-17 | 241,415 |
Active participant vested funding target | 2023-02-17 | 6,050,236 |
Number of active participants | 2023-02-17 | 200 |
Total funding liabilities for active participants | 2023-02-17 | 6,213,760 |
Total participant count | 2023-02-17 | 211 |
Total funding target for all participants | 2023-02-17 | 6,455,175 |
Balance at beginning of prior year after applicable adjustments | 2023-02-17 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2023-02-17 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2023-02-17 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2023-02-17 | 0 |
Amount remaining of carryover balance | 2023-02-17 | 0 |
Amount remaining of prefunding balance | 2023-02-17 | 0 |
Present value of excess contributions | 2023-02-17 | 2,471,995 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2023-02-17 | 2,608,944 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2023-02-17 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2023-02-17 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2023-02-17 | 0 |
Balance of carryovers at beginning of current year | 2023-02-17 | 0 |
Balance of prefunding at beginning of current year | 2023-02-17 | 0 |
Total employer contributions | 2023-02-17 | 0 |
Total employee contributions | 2023-02-17 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2023-02-17 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2023-02-17 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2023-02-17 | 0 |
Unpaid minimum required contributions for all prior years | 2023-02-17 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2023-02-17 | 0 |
Remaining amount of unpaid minimum required contributions | 2023-02-17 | 0 |
Minimum required contributions for current year target normal cost | 2023-02-17 | 0 |
Net shortfall amortization installment of oustanding balance | 2023-02-17 | 0 |
Waiver amortization installment | 2023-02-17 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2023-02-17 | 0 |
Carryover balance elected to use to offset funding requirement | 2023-02-17 | 0 |
Prefunding balance elected to use to offset funding requirement | 2023-02-17 | 0 |
Additional cash requirement | 2023-02-17 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2023-02-17 | 0 |
Unpaid minimum required contributions for current year | 2023-02-17 | 0 |
Unpaid minimum required contributions for all years | 2023-02-17 | 0 |
2022: DIXON HUGHES GOODMAN LLP CASH BALANCE PLAN 2022 401k membership |
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Total participants, beginning-of-year | 2022-06-01 | 211 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-06-01 | 0 |
Number of retired or separated participants receiving benefits | 2022-06-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2022-06-01 | 0 |
Total of all active and inactive participants | 2022-06-01 | 0 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-06-01 | 0 |
Total participants | 2022-06-01 | 0 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-06-01 | 0 |
Market value of plan assets | 2022-05-31 | 4,299,466 |
Acturial value of plan assets | 2022-05-31 | 4,299,466 |
Funding target for retired participants and beneficiaries receiving payment | 2022-05-31 | 0 |
Number of terminated vested participants | 2022-05-31 | 7 |
Fundng target for terminated vested participants | 2022-05-31 | 77,115 |
Active participant vested funding target | 2022-05-31 | 3,011,748 |
Number of active participants | 2022-05-31 | 205 |
Total funding liabilities for active participants | 2022-05-31 | 3,077,441 |
Total participant count | 2022-05-31 | 212 |
Total funding target for all participants | 2022-05-31 | 3,154,556 |
Balance at beginning of prior year after applicable adjustments | 2022-05-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-05-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-05-31 | 0 |
Amount remaining of carryover balance | 2022-05-31 | 0 |
Amount remaining of prefunding balance | 2022-05-31 | 0 |
Present value of excess contributions | 2022-05-31 | 448,230 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-05-31 | 474,227 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-05-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-05-31 | 0 |
Balance of carryovers at beginning of current year | 2022-05-31 | 0 |
Balance of prefunding at beginning of current year | 2022-05-31 | 0 |
Total employer contributions | 2022-05-31 | 4,784,989 |
Total employee contributions | 2022-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-05-31 | 4,470,274 |
Unpaid minimum required contributions for all prior years | 2022-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2022-05-31 | 3,143,189 |
Net shortfall amortization installment of oustanding balance | 2022-05-31 | 0 |
Waiver amortization installment | 2022-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-05-31 | 1,998,279 |
Carryover balance elected to use to offset funding requirement | 2022-05-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-05-31 | 0 |
Additional cash requirement | 2022-05-31 | 1,998,279 |
Contributions allocatedtoward minimum required contributions for current year | 2022-05-31 | 4,470,274 |
Unpaid minimum required contributions for current year | 2022-05-31 | 0 |
Unpaid minimum required contributions for all years | 2022-05-31 | 0 |
2021: DIXON HUGHES GOODMAN LLP CASH BALANCE PLAN 2021 401k membership |
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Total participants, beginning-of-year | 2021-06-01 | 212 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-06-01 | 202 |
Number of retired or separated participants receiving benefits | 2021-06-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2021-06-01 | 9 |
Total of all active and inactive participants | 2021-06-01 | 211 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-06-01 | 0 |
Total participants | 2021-06-01 | 211 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-06-01 | 3 |
Measure | Date | Value |
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2023 : DIXON HUGHES GOODMAN LLP CASH BALANCE PLAN 2023 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2023-02-17 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-02-17 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-02-17 | $0 |
Total income from all sources (including contributions) | 2023-02-17 | $-6,828 |
Total loss/gain on sale of assets | 2023-02-17 | $-83,881 |
Total of all expenses incurred | 2023-02-17 | $8,858,629 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-02-17 | $8,833,428 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-02-17 | $0 |
Value of total assets at end of year | 2023-02-17 | $0 |
Value of total assets at beginning of year | 2023-02-17 | $8,865,457 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-02-17 | $25,201 |
Total interest from all sources | 2023-02-17 | $61,740 |
Total dividends received (eg from common stock, registered investment company shares) | 2023-02-17 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-02-17 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2023-02-17 | $0 |
Administrative expenses professional fees incurred | 2023-02-17 | $15,642 |
Was this plan covered by a fidelity bond | 2023-02-17 | Yes |
Value of fidelity bond cover | 2023-02-17 | $1,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2023-02-17 | No |
Administrative expenses (other) incurred | 2023-02-17 | $5,574 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-02-17 | No |
Value of net income/loss | 2023-02-17 | $-8,865,457 |
Value of net assets at end of year (total assets less liabilities) | 2023-02-17 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2023-02-17 | $8,865,457 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-02-17 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2023-02-17 | No |
Were any leases to which the plan was party in default or uncollectible | 2023-02-17 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-02-17 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-02-17 | $3,948,814 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-02-17 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-02-17 | $131,675 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-02-17 | $131,675 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-02-17 | $61,740 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-02-17 | $15,313 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-02-17 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2023-02-17 | No |
Has the plan failed to provide any benefit when due under the plan | 2023-02-17 | No |
Employer contributions (assets) at end of year | 2023-02-17 | $0 |
Employer contributions (assets) at beginning of year | 2023-02-17 | $4,784,968 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-02-17 | $8,833,428 |
Contract administrator fees | 2023-02-17 | $3,985 |
Did the plan have assets held for investment | 2023-02-17 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-02-17 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-02-17 | Yes |
Aggregate proceeds on sale of assets | 2023-02-17 | $3,877,871 |
Aggregate carrying amount (costs) on sale of assets | 2023-02-17 | $3,961,752 |
Opinion of an independent qualified public accountant for this plan | 2023-02-17 | Unqualified |
Accountancy firm name | 2023-02-17 | DMJPS PLLC |
Accountancy firm EIN | 2023-02-17 | 560570567 |
2022 : DIXON HUGHES GOODMAN LLP CASH BALANCE PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-05-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-05-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-05-31 | $0 |
Total income from all sources (including contributions) | 2022-05-31 | $4,591,129 |
Total loss/gain on sale of assets | 2022-05-31 | $0 |
Total of all expenses incurred | 2022-05-31 | $86,674 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-05-31 | $85,206 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-05-31 | $4,784,989 |
Value of total assets at end of year | 2022-05-31 | $8,865,457 |
Value of total assets at beginning of year | 2022-05-31 | $4,361,002 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-05-31 | $1,468 |
Total interest from all sources | 2022-05-31 | $68 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-05-31 | $51,037 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-05-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-05-31 | $51,037 |
Was this plan covered by a fidelity bond | 2022-05-31 | Yes |
Value of fidelity bond cover | 2022-05-31 | $1,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2022-05-31 | No |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-05-31 | No |
Value of net income/loss | 2022-05-31 | $4,504,455 |
Value of net assets at end of year (total assets less liabilities) | 2022-05-31 | $8,865,457 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-05-31 | $4,361,002 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-05-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-05-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-05-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-05-31 | $3,948,814 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-05-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-05-31 | $131,675 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-05-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-05-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-05-31 | $68 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-05-31 | $-244,965 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-05-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2022-05-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-05-31 | No |
Contributions received in cash from employer | 2022-05-31 | $4,784,989 |
Employer contributions (assets) at end of year | 2022-05-31 | $4,784,968 |
Employer contributions (assets) at beginning of year | 2022-05-31 | $4,361,002 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-05-31 | $85,206 |
Contract administrator fees | 2022-05-31 | $1,468 |
Did the plan have assets held for investment | 2022-05-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-05-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-05-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-05-31 | Unqualified |
Accountancy firm name | 2022-05-31 | DMJPS PLLC |
Accountancy firm EIN | 2022-05-31 | 560570567 |