GENERATE CAPITAL, PBC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan GENERATE CAPITAL INC. 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : GENERATE CAPITAL INC. 401(K) PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $8,235,402 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $528,459 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $470,416 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $5,689,608 |
| Value of total assets at end of year | 2023-12-31 | $17,172,031 |
| Value of total assets at beginning of year | 2023-12-31 | $9,465,088 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $58,043 |
| Total interest from all sources | 2023-12-31 | $4,620 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $285,337 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $285,337 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $7,500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $3,622,776 |
| Participant contributions at end of year | 2023-12-31 | $77,039 |
| Participant contributions at beginning of year | 2023-12-31 | $102,428 |
| Participant contributions at end of year | 2023-12-31 | $145,291 |
| Participant contributions at beginning of year | 2023-12-31 | $117,464 |
| Assets. Other investments not covered elsewhere at end of year | 2023-12-31 | $112,299 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $507,861 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $607 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $171 |
| Other income not declared elsewhere | 2023-12-31 | $1,050 |
| Administrative expenses (other) incurred | 2023-12-31 | $117 |
| Total non interest bearing cash at end of year | 2023-12-31 | $1 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $1 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $7,706,943 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $17,172,031 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $9,465,088 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $45,348 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $16,667,154 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $9,146,199 |
| Interest on participant loans | 2023-12-31 | $4,620 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $146,001 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $58,519 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $58,519 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $2,254,787 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $1,558,971 |
| Employer contributions (assets) at end of year | 2023-12-31 | $23,639 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $40,306 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $470,416 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | PENSION ASSURANCE LLP |
| Accountancy firm EIN | 2023-12-31 | 300840934 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $8,235,402 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $528,459 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $470,416 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $5,689,608 |
| Value of total assets at end of year | 2023-01-01 | $17,172,031 |
| Value of total assets at beginning of year | 2023-01-01 | $9,465,088 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $58,043 |
| Total interest from all sources | 2023-01-01 | $4,620 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $285,337 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $285,337 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $7,500,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $3,622,776 |
| Participant contributions at end of year | 2023-01-01 | $77,039 |
| Participant contributions at beginning of year | 2023-01-01 | $102,428 |
| Participant contributions at end of year | 2023-01-01 | $145,291 |
| Participant contributions at beginning of year | 2023-01-01 | $117,464 |
| Assets. Other investments not covered elsewhere at end of year | 2023-01-01 | $112,299 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $507,861 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $607 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $171 |
| Other income not declared elsewhere | 2023-01-01 | $1,050 |
| Administrative expenses (other) incurred | 2023-01-01 | $117 |
| Total non interest bearing cash at end of year | 2023-01-01 | $1 |
| Total non interest bearing cash at beginning of year | 2023-01-01 | $1 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $7,706,943 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $17,172,031 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $9,465,088 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $45,348 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $16,667,154 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $9,146,199 |
| Interest on participant loans | 2023-01-01 | $4,620 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $146,001 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $2,254,787 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $1,558,971 |
| Employer contributions (assets) at end of year | 2023-01-01 | $23,639 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $40,306 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $470,416 |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | PENSION ASSURANCE LLP |
| Accountancy firm EIN | 2023-01-01 | 300840934 |
| 2022 : GENERATE CAPITAL 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 | $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 | $3,950,984 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $654,880 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $620,321 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $5,299,070 |
| Value of total assets at end of year | 2022-12-31 | $9,465,088 |
| Value of total assets at beginning of year | 2022-12-31 | $6,168,984 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $34,559 |
| Total interest from all sources | 2022-12-31 | $4,405 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $143,414 |
| 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 | $143,414 |
| Administrative expenses professional fees incurred | 2022-12-31 | $7,036 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $7,500,000 |
| 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 | $2,588,429 |
| Participant contributions at end of year | 2022-12-31 | $102,428 |
| Participant contributions at beginning of year | 2022-12-31 | $67,844 |
| Participant contributions at end of year | 2022-12-31 | $117,464 |
| Participant contributions at beginning of year | 2022-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $1,386,948 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $171 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $9 |
| Other income not declared elsewhere | 2022-12-31 | $15 |
| Total non interest bearing cash at end of year | 2022-12-31 | $1 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $29 |
| 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 | $3,296,104 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $9,465,088 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $6,168,984 |
| 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 |
| Investment advisory and management fees | 2022-12-31 | $27,523 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $9,146,199 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $6,002,516 |
| Interest on participant loans | 2022-12-31 | $3,628 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $58,519 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $98,586 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $98,586 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $777 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,495,920 |
| 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 | $1,323,693 |
| Employer contributions (assets) at end of year | 2022-12-31 | $40,306 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $620,321 |
| 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 | PENSION ASSURANCE LLP |
| Accountancy firm EIN | 2022-12-31 | 300840934 |
| 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 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $3,950,984 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $654,880 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $620,321 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $5,299,070 |
| Value of total assets at end of year | 2022-01-01 | $9,465,088 |
| Value of total assets at beginning of year | 2022-01-01 | $6,168,984 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $34,559 |
| Total interest from all sources | 2022-01-01 | $4,405 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $143,414 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $143,414 |
| Administrative expenses professional fees incurred | 2022-01-01 | $7,036 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $7,500,000 |
| 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 | $2,588,429 |
| Participant contributions at end of year | 2022-01-01 | $102,428 |
| Participant contributions at beginning of year | 2022-01-01 | $67,844 |
| Participant contributions at end of year | 2022-01-01 | $117,464 |
| Participant contributions at beginning of year | 2022-01-01 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $1,386,948 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-01-01 | $171 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-01-01 | $9 |
| Other income not declared elsewhere | 2022-01-01 | $15 |
| Total non interest bearing cash at end of year | 2022-01-01 | $1 |
| Total non interest bearing cash at beginning of year | 2022-01-01 | $29 |
| 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 | $3,296,104 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $9,465,088 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $6,168,984 |
| 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 |
| Investment advisory and management fees | 2022-01-01 | $27,523 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $9,146,199 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $6,002,516 |
| Interest on participant loans | 2022-01-01 | $3,628 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $58,519 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $777 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-1,495,920 |
| 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 | $1,323,693 |
| Employer contributions (assets) at end of year | 2022-01-01 | $40,306 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $620,321 |
| 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 | PENSION ASSURANCE LLP |
| Accountancy firm EIN | 2022-01-01 | 300840934 |
