CUMMINGS RESOURCES, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan CUMMINGS RESOURCES RETIREMENT SAVINGS PLAN
Measure | Date | Value |
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2022 : CUMMINGS RESOURCES RETIREMENT SAVINGS PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $55,138 |
Total income from all sources (including contributions) | 2022-12-31 | $-70,918 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $125,427 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $96,728 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $300,581 |
Value of total assets at end of year | 2022-12-31 | $2,403,246 |
Value of total assets at beginning of year | 2022-12-31 | $2,654,729 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $28,699 |
Total interest from all sources | 2022-12-31 | $11,183 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $56,922 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $56,922 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $298,631 |
Participant contributions at end of year | 2022-12-31 | $44,602 |
Participant contributions at beginning of year | 2022-12-31 | $50,215 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $1,950 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $55,138 |
Total non interest bearing cash at end of year | 2022-12-31 | $3,644 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $1 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-196,345 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $2,403,246 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $2,599,591 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $1,908,427 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $2,184,500 |
Interest on participant loans | 2022-12-31 | $1,531 |
Interest earned on other investments | 2022-12-31 | $9,652 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $446,573 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $420,013 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-439,604 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $96,728 |
Contract administrator fees | 2022-12-31 | $28,699 |
Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | FORVIS LLP |
Accountancy firm EIN | 2022-12-31 | 440160260 |
2021 : CUMMINGS RESOURCES RETIREMENT SAVINGS PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $55,138 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $610,567 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $94,186 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $69,417 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $265,471 |
Value of total assets at end of year | 2021-12-31 | $2,654,729 |
Value of total assets at beginning of year | 2021-12-31 | $2,083,210 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $24,769 |
Total interest from all sources | 2021-12-31 | $8,845 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $84,869 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $265,471 |
Participant contributions at end of year | 2021-12-31 | $50,215 |
Participant contributions at beginning of year | 2021-12-31 | $34,176 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $55,138 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $0 |
Total non interest bearing cash at end of year | 2021-12-31 | $1 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $4 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $516,381 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $2,599,591 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $2,083,210 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $2,184,500 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $1,663,955 |
Interest on participant loans | 2021-12-31 | $1,465 |
Interest earned on other investments | 2021-12-31 | $7,380 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $420,013 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $385,075 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $336,251 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $69,417 |
Contract administrator fees | 2021-12-31 | $24,769 |
Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | HOSKINS CPAS |
Accountancy firm EIN | 2021-12-31 | 621519135 |
2020 : CUMMINGS RESOURCES RETIREMENT SAVINGS PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $341,666 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $82,426 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $54,340 |
Value of total corrective distributions | 2020-12-31 | $2,942 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $209,649 |
Value of total assets at end of year | 2020-12-31 | $2,083,210 |
Value of total assets at beginning of year | 2020-12-31 | $1,823,970 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $25,144 |
Total interest from all sources | 2020-12-31 | $6,704 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $49,798 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $49,798 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $209,649 |
Participant contributions at end of year | 2020-12-31 | $34,176 |
Participant contributions at beginning of year | 2020-12-31 | $24,415 |
Total non interest bearing cash at end of year | 2020-12-31 | $4 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $4 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $259,240 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $2,083,210 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $1,823,970 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $1,663,955 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $1,701,338 |
Interest on participant loans | 2020-12-31 | $1,256 |
Interest earned on other investments | 2020-12-31 | $5,448 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $385,075 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $98,213 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $75,515 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $54,340 |
Contract administrator fees | 2020-12-31 | $25,144 |
Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
Accountancy firm name | 2020-12-31 | HOSKINS CPAS |
Accountancy firm EIN | 2020-12-31 | 621519135 |
2019 : CUMMINGS RESOURCES RETIREMENT SAVINGS PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $535,314 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $66,382 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $40,573 |
Value of total corrective distributions | 2019-12-31 | $7,503 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $170,604 |
Value of total assets at end of year | 2019-12-31 | $1,823,970 |
Value of total assets at beginning of year | 2019-12-31 | $1,355,038 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $18,306 |
Total interest from all sources | 2019-12-31 | $2,989 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $60,515 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $60,515 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $168,723 |
Participant contributions at end of year | 2019-12-31 | $24,415 |
Participant contributions at beginning of year | 2019-12-31 | $33,147 |
Total non interest bearing cash at end of year | 2019-12-31 | $4 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $3 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $468,932 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $1,823,970 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $1,355,038 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $1,701,338 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $1,285,482 |
Interest on participant loans | 2019-12-31 | $1,479 |
Interest earned on other investments | 2019-12-31 | $1,510 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $98,213 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $36,406 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $301,206 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $1,881 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $40,573 |
Contract administrator fees | 2019-12-31 | $18,306 |
Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | HOSKINS CPAS |
Accountancy firm EIN | 2019-12-31 | 621519135 |
2018 : CUMMINGS RESOURCES RETIREMENT SAVINGS PLAN 2018 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $72,697 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $212,658 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $202,297 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $184,526 |
Value of total assets at end of year | 2018-12-31 | $1,355,038 |
Value of total assets at beginning of year | 2018-12-31 | $1,494,999 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $10,361 |
Total interest from all sources | 2018-12-31 | $2,122 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $55,145 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $55,145 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $149,510 |
Participant contributions at end of year | 2018-12-31 | $33,147 |
Participant contributions at beginning of year | 2018-12-31 | $24,113 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $34,846 |
Total non interest bearing cash at end of year | 2018-12-31 | $3 |
Total non interest bearing cash at beginning of year | 2018-12-31 | $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 | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-139,961 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $1,355,038 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $1,494,999 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $1,285,482 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $1,470,886 |
Interest on participant loans | 2018-12-31 | $1,331 |
Interest earned on other investments | 2018-12-31 | $791 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $36,406 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-169,096 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $170 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $202,297 |
Contract administrator fees | 2018-12-31 | $10,361 |
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 | 2018-12-31 | Yes |
Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | HOSKINS CPAS |
Accountancy firm EIN | 2018-12-31 | 621519135 |