TITAN MEDICAL GROUP, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan TITAN MEDICAL GROUP, LLC 401(K) PLAN
Measure | Date | Value |
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2022 : TITAN MEDICAL GROUP, LLC 401(K) PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total transfer of assets to this plan | 2022-12-31 | $0 |
Total transfer of assets from this plan | 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 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $942,828 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $420,770 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $292,738 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $13,891 |
Value of total corrective distributions | 2022-12-31 | $73,889 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,680,573 |
Value of total assets at end of year | 2022-12-31 | $4,897,522 |
Value of total assets at beginning of year | 2022-12-31 | $4,375,464 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $40,252 |
Total interest from all sources | 2022-12-31 | $3,759 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $318,157 |
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 | $318,157 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $438,000 |
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 | $1,255,254 |
Participant contributions at end of year | 2022-12-31 | $87,538 |
Participant contributions at beginning of year | 2022-12-31 | $64,392 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $45,599 |
Other income not declared elsewhere | 2022-12-31 | $8,445 |
Administrative expenses (other) incurred | 2022-12-31 | $40,252 |
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 | $522,058 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $4,897,522 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $4,375,464 |
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 | $4,725,659 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $4,252,844 |
Interest on participant loans | 2022-12-31 | $3,759 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $84,325 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $58,228 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,069,295 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $1,189 |
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 |
Contributions received in cash from employer | 2022-12-31 | $379,720 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $292,738 |
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 | RSM US LLP |
Accountancy firm EIN | 2022-12-31 | 470714329 |
2021 : TITAN MEDICAL GROUP, LLC 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total transfer of assets to this plan | 2021-12-31 | $0 |
Total transfer of assets from this plan | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
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 | $1,499,391 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $543,416 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $499,832 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $11,442 |
Value of total corrective distributions | 2021-12-31 | $1,349 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,021,214 |
Value of total assets at end of year | 2021-12-31 | $4,375,464 |
Value of total assets at beginning of year | 2021-12-31 | $3,419,489 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $30,793 |
Total interest from all sources | 2021-12-31 | $3,066 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $340,882 |
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 | $340,882 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $342,000 |
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 | $779,952 |
Participant contributions at end of year | 2021-12-31 | $64,392 |
Participant contributions at beginning of year | 2021-12-31 | $59,003 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $12,244 |
Administrative expenses (other) incurred | 2021-12-31 | $30,793 |
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 | $955,975 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $4,375,464 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $3,419,489 |
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 | $4,252,844 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $3,290,607 |
Interest on participant loans | 2021-12-31 | $3,066 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $58,228 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $69,879 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $133,093 |
Net investment gain or loss from common/collective trusts | 2021-12-31 | $1,136 |
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 | $229,018 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $499,832 |
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 | RSM US LLP |
Accountancy firm EIN | 2021-12-31 | 470714329 |
2020 : TITAN MEDICAL GROUP, LLC 401(K) PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total transfer of assets to this plan | 2020-12-31 | $0 |
Total transfer of assets from this plan | 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 | $1,061,701 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $155,543 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $121,711 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $1,574 |
Value of total corrective distributions | 2020-12-31 | $8,429 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $579,097 |
Value of total assets at end of year | 2020-12-31 | $3,419,489 |
Value of total assets at beginning of year | 2020-12-31 | $2,513,331 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $23,829 |
Total interest from all sources | 2020-12-31 | $1,969 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $198,159 |
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 | $198,159 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $252,000 |
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 | $435,682 |
Participant contributions at end of year | 2020-12-31 | $59,003 |
Participant contributions at beginning of year | 2020-12-31 | $35,216 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $10,998 |
Other income not declared elsewhere | 2020-12-31 | $29 |
Administrative expenses (other) incurred | 2020-12-31 | $23,829 |
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 | $906,158 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $3,419,489 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $2,513,331 |
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 | $3,290,607 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $2,441,483 |
Interest on participant loans | 2020-12-31 | $1,969 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $69,879 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $36,632 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $281,682 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $765 |
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 | $132,417 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $121,711 |
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 | Disclaimer |
Accountancy firm name | 2020-12-31 | RSM US LLP |
Accountancy firm EIN | 2020-12-31 | 470714329 |
2019 : TITAN MEDICAL GROUP, LLC 401(K) PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total transfer of assets from this plan | 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 | $1,048,850 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $404,653 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $380,964 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $979 |
Value of total corrective distributions | 2019-12-31 | $6,714 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $598,024 |
Value of total assets at end of year | 2019-12-31 | $2,513,331 |
Value of total assets at beginning of year | 2019-12-31 | $1,869,134 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $15,996 |
Total interest from all sources | 2019-12-31 | $1,166 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $196,417 |
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 | $196,417 |
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 | Yes |
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 | $375,596 |
Participant contributions at end of year | 2019-12-31 | $35,216 |
Participant contributions at beginning of year | 2019-12-31 | $32,888 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $102,957 |
Other income not declared elsewhere | 2019-12-31 | $168 |
Administrative expenses (other) incurred | 2019-12-31 | $7,897 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $4,636 |
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 | $644,197 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $2,513,331 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $1,869,134 |
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 |
Investment advisory and management fees | 2019-12-31 | $3,285 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $2,441,483 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $1,831,610 |
Interest on participant loans | 2019-12-31 | $1,166 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $36,632 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $252,564 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $511 |
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 | $119,471 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $380,964 |
Contract administrator fees | 2019-12-31 | $4,814 |
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 | 2019-12-31 | Yes |
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 | LUTZ |
Accountancy firm EIN | 2019-12-31 | 470625816 |
2018 : TITAN MEDICAL GROUP, LLC 401(K) 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 | $412,617 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $453,448 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $422,968 |
Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $3 |
Value of total corrective distributions | 2018-12-31 | $11,531 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $557,091 |
Value of total assets at end of year | 2018-12-31 | $1,869,134 |
Value of total assets at beginning of year | 2018-12-31 | $1,909,965 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $18,946 |
Total interest from all sources | 2018-12-31 | $1,453 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
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 | No |
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 | $261,147 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $221,252 |
Assets. Loans (other than to participants) at end of year | 2018-12-31 | $32,888 |
Assets. Loans (other than to participants) at beginning of year | 2018-12-31 | $22,693 |
Total non interest bearing cash at end of year | 2018-12-31 | $4,636 |
Total non interest bearing cash at beginning of year | 2018-12-31 | $13,558 |
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 | $-40,831 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $1,869,134 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $1,909,965 |
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 pooled separate accounts at end of year | 2018-12-31 | $1,831,610 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $1,873,714 |
Interest on participant loans | 2018-12-31 | $1,397 |
Interest earned on other investments | 2018-12-31 | $56 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-145,927 |
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 | $74,692 |
Employer contributions (assets) at end of year | 2018-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $422,968 |
Contract administrator fees | 2018-12-31 | $18,946 |
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 | LUTZ |
Accountancy firm EIN | 2018-12-31 | 470625816 |
2017 : TITAN MEDICAL GROUP, LLC 401(K) PLAN 2017 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $772,008 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $274,691 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $247,566 |
Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $6,873 |
Value of total corrective distributions | 2017-12-31 | $4,991 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $514,546 |
Value of total assets at end of year | 2017-12-31 | $1,909,965 |
Value of total assets at beginning of year | 2017-12-31 | $1,412,648 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $15,261 |
Total interest from all sources | 2017-12-31 | $832 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $297,955 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $129,635 |
Assets. Loans (other than to participants) at end of year | 2017-12-31 | $22,693 |
Assets. Loans (other than to participants) at beginning of year | 2017-12-31 | $14,781 |
Administrative expenses (other) incurred | 2017-12-31 | $8,636 |
Total non interest bearing cash at end of year | 2017-12-31 | $13,558 |
Total non interest bearing cash at beginning of year | 2017-12-31 | $4,372 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $497,317 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $1,909,965 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $1,412,648 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2017-12-31 | $1,873,714 |
Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $1,393,495 |
Interest on participant loans | 2017-12-31 | $832 |
Net investment gain/loss from pooled separate accounts | 2017-12-31 | $256,630 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $86,956 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $247,566 |
Contract administrator fees | 2017-12-31 | $6,625 |
Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | LUTZ |
Accountancy firm EIN | 2017-12-31 | 470625816 |
2016 : TITAN MEDICAL GROUP, LLC 401(K) PLAN 2016 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total income from all sources (including contributions) | 2016-12-31 | $491,410 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $144,727 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $135,102 |
Value of total corrective distributions | 2016-12-31 | $4,733 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $418,206 |
Value of total assets at end of year | 2016-12-31 | $1,412,648 |
Value of total assets at beginning of year | 2016-12-31 | $1,065,965 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $4,892 |
Total interest from all sources | 2016-12-31 | $309 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $255,794 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $94,796 |
Assets. Loans (other than to participants) at end of year | 2016-12-31 | $14,781 |
Assets. Loans (other than to participants) at beginning of year | 2016-12-31 | $6,675 |
Administrative expenses (other) incurred | 2016-12-31 | $4,892 |
Total non interest bearing cash at end of year | 2016-12-31 | $4,372 |
Total non interest bearing cash at beginning of year | 2016-12-31 | $3,504 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $346,683 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $1,412,648 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $1,065,965 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2016-12-31 | $1,393,495 |
Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $1,055,786 |
Interest on participant loans | 2016-12-31 | $309 |
Net investment gain/loss from pooled separate accounts | 2016-12-31 | $72,895 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $67,616 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $135,102 |
Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | LUTZ |
Accountancy firm EIN | 2016-12-31 | 470625816 |