401k Plan data: TEAM HOSPITALITY, INC. 401(K) PLAN plan

TEAM HOSPITALITY, INC. 401(K) PLAN 401k Plan overview

Plan Name	TEAM HOSPITALITY, INC. 401(K) PLAN
Plan identification number	001

TEAM HOSPITALITY, INC. 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

TEAM HOLLAND, INC. has sponsored the creation of one or more 401k plans.

Company Name: TEAM HOLLAND, INC.

Employer identification number (EIN): 463597755

NAIC Classification: 722511
NAIC Description: Full-Service Restaurants

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TEAM HOSPITALITY, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 JAY SHELTON 2023-10-13
001 2021-01-01 GARY HOLLAND 2022-10-14
001 2020-01-01 GARY HOLLAND 2021-10-12 GARY HOLLAND 2021-10-12
001 2019-01-01
001 2018-01-01
001 2017-01-01 GARY HOLLAND 2018-10-03
001 2016-01-01 GARY HOLLAND 2017-09-26
001 2016-01-01 GARY HOLLAND 2017-07-17
001 2015-01-01 GARY HOLLAND 2017-09-26
001 2015-01-01 GARY HOLLAND 2016-07-07
001 2014-01-01
001 2013-12-01

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	JAY SHELTON	2023-10-13
001	2021-01-01	GARY HOLLAND	2022-10-14
001	2020-01-01	GARY HOLLAND	2021-10-12	GARY HOLLAND	2021-10-12
001	2019-01-01
001	2018-01-01
001	2017-01-01	GARY HOLLAND	2018-10-03
001	2016-01-01	GARY HOLLAND	2017-09-26
001	2016-01-01	GARY HOLLAND	2017-07-17
001	2015-01-01	GARY HOLLAND	2017-09-26
001	2015-01-01	GARY HOLLAND	2016-07-07
001	2014-01-01
001	2013-12-01

Plan Statistics for TEAM HOSPITALITY, INC. 401(K) PLAN

401k plan membership statisitcs for TEAM HOSPITALITY, INC. 401(K) PLAN

Measure Date Value
2022: TEAM HOSPITALITY, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 549
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 383
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 130
Total of all active and inactive participants 2022-01-01 513
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 513
Number of participants with account balances 2022-01-01 328
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: TEAM HOSPITALITY, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 470
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 328
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 116
Total of all active and inactive participants 2021-01-01 444
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 444
Number of participants with account balances 2021-01-01 298
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: TEAM HOSPITALITY, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 342
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 322
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 103
Total of all active and inactive participants 2020-01-01 425
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 425
Number of participants with account balances 2020-01-01 287
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: TEAM HOSPITALITY, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 343
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 239
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 99
Total of all active and inactive participants 2019-01-01 338
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 338
Number of participants with account balances 2019-01-01 295
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: TEAM HOSPITALITY, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 318
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 268
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 65
Total of all active and inactive participants 2018-01-01 333
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 333
Number of participants with account balances 2018-01-01 281
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0

Measure	Date	Value
2022: TEAM HOSPITALITY, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	549
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	383
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	130
Total of all active and inactive participants	2022-01-01	513
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	513
Number of participants with account balances	2022-01-01	328
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: TEAM HOSPITALITY, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	470
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	328
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	116
Total of all active and inactive participants	2021-01-01	444
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	444
Number of participants with account balances	2021-01-01	298
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: TEAM HOSPITALITY, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	342
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	322
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	103
Total of all active and inactive participants	2020-01-01	425
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	425
Number of participants with account balances	2020-01-01	287
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: TEAM HOSPITALITY, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	343
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	239
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	99
Total of all active and inactive participants	2019-01-01	338
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	338
Number of participants with account balances	2019-01-01	295
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: TEAM HOSPITALITY, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	318
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	268
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	65
Total of all active and inactive participants	2018-01-01	333
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	333
Number of participants with account balances	2018-01-01	281
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0

Financial Data on TEAM HOSPITALITY, INC. 401(K) PLAN

Measure	Date	Value
2022 : TEAM HOSPITALITY, INC. 401(K) PLAN 2022 401k financial data
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	$1,243
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$925
Total income from all sources (including contributions)	2022-12-31	$310,539
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$542,764
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$513,119
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$1,204,910
Value of total assets at end of year	2022-12-31	$4,874,040
Value of total assets at beginning of year	2022-12-31	$5,105,947
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$29,645
Total interest from all sources	2022-12-31	$7,470
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Administrative expenses professional fees incurred	2022-12-31	$29,645
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	$641,844
Participant contributions at end of year	2022-12-31	$141,148
Participant contributions at beginning of year	2022-12-31	$170,855
Participant contributions at end of year	2022-12-31	$2,337
Participant contributions at beginning of year	2022-12-31	$890
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$236,852
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2022-12-31	$1,243
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2022-12-31	$925
Other income not declared elsewhere	2022-12-31	$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	2022-12-31	No
Value of net income/loss	2022-12-31	$-232,225
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$4,872,797
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$5,105,022
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	$4,382,963
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$4,670,222
Interest on participant loans	2022-12-31	$7,470
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$346,410
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$263,502
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$263,502
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-901,841
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	Yes
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$326,214
Employer contributions (assets) at end of year	2022-12-31	$1,182
Employer contributions (assets) at beginning of year	2022-12-31	$478
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$513,119
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	RUDLER, PSC
Accountancy firm EIN	2022-12-31	311048275
2021 : TEAM HOSPITALITY, INC. 401(K) PLAN 2021 401k financial data
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	$925
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	$1,367,278
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$157,360
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$114,297
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$737,017
Value of total assets at end of year	2021-12-31	$5,105,947
Value of total assets at beginning of year	2021-12-31	$3,895,104
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$43,063
Total interest from all sources	2021-12-31	$9,288
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
Administrative expenses professional fees incurred	2021-12-31	$23,230
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	$481,179
Participant contributions at end of year	2021-12-31	$170,855
Participant contributions at beginning of year	2021-12-31	$153,110
Participant contributions at end of year	2021-12-31	$890
Participant contributions at beginning of year	2021-12-31	$23,968
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$2,192
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2021-12-31	$925
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2021-12-31	$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	2021-12-31	No
Value of net income/loss	2021-12-31	$1,209,918
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$5,105,022
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$3,895,104
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	$4,670,222
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$2,976,218
Interest on participant loans	2021-12-31	$9,240
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$263,502
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$732,531
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$732,531
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$48
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$620,973
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	Yes
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$253,646
Employer contributions (assets) at end of year	2021-12-31	$478
Employer contributions (assets) at beginning of year	2021-12-31	$9,277
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$114,297
Contract administrator fees	2021-12-31	$19,833
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	RUDLER, PSC
Accountancy firm EIN	2021-12-31	311048275
2020 : TEAM HOSPITALITY, INC. 401(K) PLAN 2020 401k financial data
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	$1,043,241
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$180,947
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$156,762
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$695,827
Value of total assets at end of year	2020-12-31	$3,895,104
Value of total assets at beginning of year	2020-12-31	$3,032,810
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$24,185
Total interest from all sources	2020-12-31	$8,738
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$53,157
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	$53,157
Administrative expenses professional fees incurred	2020-12-31	$11,030
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	$390,312
Participant contributions at end of year	2020-12-31	$23,968
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$99,270
Assets. Loans (other than to participants) at end of year	2020-12-31	$153,110
Assets. Loans (other than to participants) at beginning of year	2020-12-31	$129,757
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2020-12-31	$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	2020-12-31	No
Value of net income/loss	2020-12-31	$862,294
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$3,895,104
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$3,032,810
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	$2,976,218
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$2,891,220
Interest on participant loans	2020-12-31	$8,355
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$732,531
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$11,833
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$11,833
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$383
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$285,519
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	Yes
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$206,245
Employer contributions (assets) at end of year	2020-12-31	$9,277
Employer contributions (assets) at beginning of year	2020-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$156,762
Contract administrator fees	2020-12-31	$13,155
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
Liabilities. Value of acquisition indebtedness at end of year	2020-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2020-12-31	$0
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	RUDLER, PSC
Accountancy firm EIN	2020-12-31	311048275
2019 : TEAM HOSPITALITY, INC. 401(K) PLAN 2019 401k financial data
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	$8,963
Total income from all sources (including contributions)	2019-12-31	$1,234,004
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$188,261
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$153,194
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$684,750
Value of total assets at end of year	2019-12-31	$3,032,810
Value of total assets at beginning of year	2019-12-31	$1,996,030
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$35,067
Total interest from all sources	2019-12-31	$6,986
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$67,772
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	$67,772
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
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$439,328
Participant contributions at end of year	2019-12-31	$129,757
Participant contributions at beginning of year	2019-12-31	$111,811
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$2,259
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2019-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2019-12-31	$8,963
Administrative expenses (other) incurred	2019-12-31	$35,067
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	$1,045,743
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$3,032,810
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$1,987,067
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	$2,891,220
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$1,865,484
Interest on participant loans	2019-12-31	$5,737
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$11,833
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$11,908
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$11,908
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$1,249
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$474,496
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	$243,163
Employer contributions (assets) at end of year	2019-12-31	$0
Employer contributions (assets) at beginning of year	2019-12-31	$6,827
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$153,194
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	RUDLER, PSC
Accountancy firm EIN	2019-12-31	311048275
2018 : TEAM HOSPITALITY, INC. 401(K) PLAN 2018 401k financial data
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	$8,963
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	$509,576
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$106,823
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$88,124
Value of total corrective distributions	2018-12-31	$8,963
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$636,823
Value of total assets at end of year	2018-12-31	$1,996,030
Value of total assets at beginning of year	2018-12-31	$1,584,314
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$9,736
Total interest from all sources	2018-12-31	$6,049
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$67,876
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	$67,876
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$150,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$395,106
Participant contributions at end of year	2018-12-31	$111,811
Participant contributions at beginning of year	2018-12-31	$119,284
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2018-12-31	$8,963
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) 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	$402,753
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$1,987,067
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$1,584,314
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	$1,865,484
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$1,450,823
Interest on participant loans	2018-12-31	$5,826
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$11,908
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$14,207
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$14,207
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2018-12-31	$223
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-201,172
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	$241,717
Employer contributions (assets) at end of year	2018-12-31	$6,827
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$88,124
Contract administrator fees	2018-12-31	$9,736
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	RUDLER, PSC
Accountancy firm EIN	2018-12-31	311048275

Form 5500 Responses for TEAM HOSPITALITY, INC. 401(K) PLAN

2022: TEAM HOSPITALITY, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: TEAM HOSPITALITY, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: TEAM HOSPITALITY, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: TEAM HOSPITALITY, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: TEAM HOSPITALITY, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	TEAM HOLLAND, INC.
Employer identification number (EIN):	463597755
NAIC Classification:	722511
NAIC Description:	Full-Service Restaurants