THE GARRETT COMPANIES has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE GARRETT COMPANIES 401(K) PLAN
| Measure | Date | Value |
|---|
| 2022 : THE GARRETT COMPANIES 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 | $16,638 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $6,192 |
| Total income from all sources (including contributions) | 2022-12-31 | $1,482,022 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $537,204 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $508,099 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,194,780 |
| Value of total assets at end of year | 2022-12-31 | $5,160,434 |
| Value of total assets at beginning of year | 2022-12-31 | $4,205,170 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $29,105 |
| Total interest from all sources | 2022-12-31 | $7,267 |
| 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 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $2,000,000 |
| 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 | $873,059 |
| Participant contributions at end of year | 2022-12-31 | $147,283 |
| Participant contributions at beginning of year | 2022-12-31 | $208,340 |
| Participant contributions at end of year | 2022-12-31 | $31,038 |
| Participant contributions at beginning of year | 2022-12-31 | $4,436 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $637,968 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $16,638 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $6,192 |
| Other income not declared elsewhere | 2022-12-31 | $-720,025 |
| Administrative expenses (other) incurred | 2022-12-31 | $29,105 |
| Total non interest bearing cash at end of year | 2022-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 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 | $944,818 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $5,143,796 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $4,198,978 |
| 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 | $4,904,564 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $3,976,446 |
| Interest on participant loans | 2022-12-31 | $7,267 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $31,068 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $2,095 |
| 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 | $683,753 |
| Employer contributions (assets) at end of year | 2022-12-31 | $46,481 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $13,853 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $508,099 |
| 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 | HARDING SHYMANSKI & COMPANY, PSC |
| Accountancy firm EIN | 2022-12-31 | 351346211 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $16,638 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $6,192 |
| Total income from all sources (including contributions) | 2022-01-01 | $1,482,022 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $537,204 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $508,099 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $2,194,780 |
| Value of total assets at end of year | 2022-01-01 | $5,160,434 |
| Value of total assets at beginning of year | 2022-01-01 | $4,205,170 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $29,105 |
| Total interest from all sources | 2022-01-01 | $7,267 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $873,059 |
| Participant contributions at end of year | 2022-01-01 | $147,283 |
| Participant contributions at beginning of year | 2022-01-01 | $208,340 |
| Participant contributions at end of year | 2022-01-01 | $31,038 |
| Participant contributions at beginning of year | 2022-01-01 | $4,436 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $637,968 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-01-01 | $16,638 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-01-01 | $6,192 |
| Other income not declared elsewhere | 2022-01-01 | $-720,025 |
| Administrative expenses (other) incurred | 2022-01-01 | $29,105 |
| Total non interest bearing cash at end of year | 2022-01-01 | $0 |
| Total non interest bearing cash at beginning of year | 2022-01-01 | $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 | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $944,818 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $5,143,796 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $4,198,978 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $4,904,564 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $3,976,446 |
| Interest on participant loans | 2022-01-01 | $7,267 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $31,068 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $2,095 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $683,753 |
| Employer contributions (assets) at end of year | 2022-01-01 | $46,481 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $13,853 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $508,099 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | HARDING SHYMANSKI & COMPANY, PSC |
| Accountancy firm EIN | 2022-01-01 | 351346211 |
| 2021 : THE GARRETT COMPANIES 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 | $6,192 |
| 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 | $1,710,691 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $201,454 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $183,002 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,355,321 |
| Value of total assets at end of year | 2021-12-31 | $4,205,170 |
| Value of total assets at beginning of year | 2021-12-31 | $2,689,741 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $18,452 |
| Total interest from all sources | 2021-12-31 | $8,093 |
| 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 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $2,000,000 |
| 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 | $693,145 |
| Participant contributions at end of year | 2021-12-31 | $208,340 |
| Participant contributions at beginning of year | 2021-12-31 | $141,175 |
| Participant contributions at end of year | 2021-12-31 | $4,436 |
| Participant contributions at beginning of year | 2021-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $182,427 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $6,192 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $0 |
| Other income not declared elsewhere | 2021-12-31 | $347,277 |
| Administrative expenses (other) incurred | 2021-12-31 | $18,452 |
| Total non interest bearing cash at end of year | 2021-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $435 |
| 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 | $1,509,237 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $4,198,978 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $2,689,741 |
| 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 | $3,976,446 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $2,548,131 |
| Interest on participant loans | 2021-12-31 | $8,093 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $2,095 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $0 |
| 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 |
| Contributions received in cash from employer | 2021-12-31 | $479,749 |
| Employer contributions (assets) at end of year | 2021-12-31 | $13,853 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $183,002 |
| 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 | HARDING SHYMANSKI & COMPANY, PSC |
| Accountancy firm EIN | 2021-12-31 | 351346211 |
| 2020 : THE GARRETT COMPANIES 401(K) PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total transfer of assets to this plan | 2020-12-31 | $2,237,223 |
| 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 | $549,662 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $97,144 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $97,094 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $261,102 |
| Value of total assets at end of year | 2020-12-31 | $2,689,741 |
| Value of total assets at beginning of year | 2020-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $50 |
| Total interest from all sources | 2020-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $130,153 |
| Participant contributions at end of year | 2020-12-31 | $141,175 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $30,920 |
| Other income not declared elsewhere | 2020-12-31 | $288,560 |
| Administrative expenses (other) incurred | 2020-12-31 | $50 |
| Total non interest bearing cash at end of year | 2020-12-31 | $435 |
| 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 | $452,518 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $2,689,741 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $0 |
| 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 | $2,548,131 |
| 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 |
| Contributions received in cash from employer | 2020-12-31 | $100,029 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $97,094 |
| 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 | 2020-12-31 | Yes |
| 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 |
