HUGHES & SMITH, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE HUGHES 401(K) PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2023 : THE HUGHES 401(K) PROFIT SHARING 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 | $2,619,285 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,574,819 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,516,469 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,083,407 |
| Value of total assets at end of year | 2023-12-31 | $11,156,855 |
| Value of total assets at beginning of year | 2023-12-31 | $10,112,389 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $58,350 |
| Total interest from all sources | 2023-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $302,928 |
| 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 | $302,928 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $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 | $546,406 |
| Participant contributions at end of year | 2023-12-31 | $34,026 |
| Participant contributions at beginning of year | 2023-12-31 | $9,490 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $75,446 |
| Administrative expenses (other) incurred | 2023-12-31 | $12,028 |
| Total non interest bearing cash at end of year | 2023-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $4,447 |
| 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 | $1,044,466 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $11,156,855 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $10,112,389 |
| 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 | $24,019 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $9,269,544 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $9,195,140 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $662,609 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $622,120 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $877,899 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $1,232,950 |
| 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 | No |
| 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 | $461,555 |
| Employer contributions (assets) at end of year | 2023-12-31 | $312,777 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $281,192 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,516,469 |
| Liabilities. Value of benefit claims payable at end of year | 2023-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-12-31 | $0 |
| 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 | CST GROUP, CPAS, PC |
| Accountancy firm EIN | 2023-12-31 | 541019610 |
| 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 | $2,619,285 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $1,574,819 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $1,516,469 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,083,407 |
| Value of total assets at end of year | 2023-01-01 | $11,156,855 |
| Value of total assets at beginning of year | 2023-01-01 | $10,112,389 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $58,350 |
| Total interest from all sources | 2023-01-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $302,928 |
| 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 | $302,928 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $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 | $546,406 |
| Participant contributions at end of year | 2023-01-01 | $34,026 |
| Participant contributions at beginning of year | 2023-01-01 | $9,490 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $75,446 |
| Administrative expenses (other) incurred | 2023-01-01 | $12,028 |
| Total non interest bearing cash at end of year | 2023-01-01 | $0 |
| Total non interest bearing cash at beginning of year | 2023-01-01 | $4,447 |
| 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 | $1,044,466 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $11,156,855 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $10,112,389 |
| 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 | $24,019 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $9,269,544 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $9,195,140 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $662,609 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $622,120 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $877,899 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $1,232,950 |
| 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 | No |
| 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 | $461,555 |
| Employer contributions (assets) at end of year | 2023-01-01 | $312,777 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $281,192 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $1,516,469 |
| Liabilities. Value of benefit claims payable at end of year | 2023-01-01 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-01-01 | $0 |
| 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 | CST GROUP, CPAS, PC |
| Accountancy firm EIN | 2023-01-01 | 541019610 |
| 2022 : THE HUGHES 401(K) PROFIT SHARING 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 | $-764,545 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $731,358 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $656,213 |
| Value of total corrective distributions | 2022-12-31 | $23,393 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,060,650 |
| Value of total assets at end of year | 2022-12-31 | $10,112,389 |
| Value of total assets at beginning of year | 2022-12-31 | $11,608,292 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $51,752 |
| Total interest from all sources | 2022-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $-1,984,203 |
| 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 | $-1,984,203 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $559,413 |
| Participant contributions at end of year | 2022-12-31 | $9,490 |
| Participant contributions at beginning of year | 2022-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $2,437 |
| Total non interest bearing cash at end of year | 2022-12-31 | $4,447 |
| 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 | $-1,495,903 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $10,112,389 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $11,608,292 |
| 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 | $9,195,140 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $10,733,501 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $622,120 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $614,796 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $159,008 |
| 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 | $498,800 |
| Employer contributions (assets) at end of year | 2022-12-31 | $281,192 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $259,995 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $656,213 |
| Contract administrator fees | 2022-12-31 | $51,752 |
| 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 | 2022-12-31 | Yes |
| Liabilities. Value of benefit claims payable at end of year | 2022-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $0 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | FORVIS, LLP |
| Accountancy firm EIN | 2022-12-31 | 440160260 |
| 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 | $-764,545 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $731,358 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $656,213 |
| Value of total corrective distributions | 2022-01-01 | $23,393 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,060,650 |
| Value of total assets at end of year | 2022-01-01 | $10,112,389 |
| Value of total assets at beginning of year | 2022-01-01 | $11,608,292 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $51,752 |
| Total interest from all sources | 2022-01-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $-1,984,203 |
| 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 | $-1,984,203 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $559,413 |
| Participant contributions at end of year | 2022-01-01 | $9,490 |
| Participant contributions at beginning of year | 2022-01-01 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $2,437 |
| Total non interest bearing cash at end of year | 2022-01-01 | $4,447 |
| 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 | $-1,495,903 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $10,112,389 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $11,608,292 |
| 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 | $9,195,140 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $10,733,501 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $622,120 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $614,796 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $159,008 |
| 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 | No |
| 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 | $498,800 |
| Employer contributions (assets) at end of year | 2022-01-01 | $281,192 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $259,995 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $656,213 |
| Contract administrator fees | 2022-01-01 | $51,752 |
| 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 | 2022-01-01 | Yes |
| Liabilities. Value of benefit claims payable at end of year | 2022-01-01 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-01-01 | $0 |
| 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 | FORVIS, LLP |
| Accountancy firm EIN | 2022-01-01 | 440160260 |
| 2021 : THE HUGHES 401(K) PROFIT SHARING PLAN 2021 401k financial data |
|---|
| Total income from all sources (including contributions) | 2021-12-31 | $972,608 |
| Total of all expenses incurred | 2021-12-31 | $75,356 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $45,245 |
| Value of total corrective distributions | 2021-12-31 | $14,612 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $498,307 |
| Value of total assets at end of year | 2021-12-31 | $11,608,292 |
| Value of total assets at beginning of year | 2021-12-31 | $10,711,040 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $15,499 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $113,407 |
| 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 | $113,407 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $240,000 |
| 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 | $190,290 |
| Administrative expenses (other) incurred | 2021-12-31 | $8,805 |
| 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 | $897,252 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $11,608,292 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $10,711,040 |
| 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 |
| Investment advisory and management fees | 2021-12-31 | $6,694 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $10,733,501 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $10,027,046 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $614,796 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $683,994 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $357,639 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $3,255 |
| 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 | $308,017 |
| Employer contributions (assets) at end of year | 2021-12-31 | $259,995 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $45,245 |
| 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 | 2021-12-31 | No |
| 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 | FORVIS, LLP |
| Accountancy firm EIN | 2021-12-31 | 440160260 |
| Total income from all sources (including contributions) | 2021-09-30 | $3,012,535 |
| Total of all expenses incurred | 2021-09-30 | $1,209,568 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-09-30 | $1,126,854 |
| Value of total corrective distributions | 2021-09-30 | $27,256 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-09-30 | $908,744 |
| Value of total assets at end of year | 2021-09-30 | $10,711,040 |
| Value of total assets at beginning of year | 2021-09-30 | $8,908,073 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-09-30 | $55,458 |
| Total interest from all sources | 2021-09-30 | $14 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-09-30 | $174,471 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-09-30 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-09-30 | $174,471 |
| Was this plan covered by a fidelity bond | 2021-09-30 | Yes |
| Value of fidelity bond cover | 2021-09-30 | $240,000 |
| If this is an individual account plan, was there a blackout period | 2021-09-30 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-09-30 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-09-30 | No |
| Contributions received from participants | 2021-09-30 | $531,231 |
| Participant contributions at end of year | 2021-09-30 | $0 |
| Participant contributions at beginning of year | 2021-09-30 | $373 |
| Administrative expenses (other) incurred | 2021-09-30 | $31,003 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-09-30 | No |
| Value of net income/loss | 2021-09-30 | $1,802,967 |
| Value of net assets at end of year (total assets less liabilities) | 2021-09-30 | $10,711,040 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-09-30 | $8,908,073 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-09-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-09-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-09-30 | No |
| Investment advisory and management fees | 2021-09-30 | $24,455 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-09-30 | $10,027,046 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-09-30 | $8,526,637 |
| Interest on participant loans | 2021-09-30 | $14 |
| Value of interest in common/collective trusts at end of year | 2021-09-30 | $683,994 |
| Value of interest in common/collective trusts at beginning of year | 2021-09-30 | $381,063 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-09-30 | $1,918,301 |
| Net investment gain or loss from common/collective trusts | 2021-09-30 | $11,005 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-09-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-09-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-09-30 | No |
| Contributions received in cash from employer | 2021-09-30 | $377,513 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-09-30 | $1,126,854 |
| 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 | 2021-09-30 | No |
| Did the plan have assets held for investment | 2021-09-30 | 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 | 2021-09-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-09-30 | No |
| 2020 : THE HUGHES 401(K) PROFIT SHARING PLAN 2020 401k financial data |
|---|
| Total income from all sources (including contributions) | 2020-09-30 | $1,498,384 |
| Total of all expenses incurred | 2020-09-30 | $129,139 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-09-30 | $64,831 |
| Value of total corrective distributions | 2020-09-30 | $20,303 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-09-30 | $868,876 |
| Value of total assets at end of year | 2020-09-30 | $8,908,073 |
| Value of total assets at beginning of year | 2020-09-30 | $7,538,828 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-09-30 | $44,005 |
| Total interest from all sources | 2020-09-30 | $34 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-09-30 | $172,810 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-09-30 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-09-30 | $172,810 |
| Was this plan covered by a fidelity bond | 2020-09-30 | Yes |
| Value of fidelity bond cover | 2020-09-30 | $800,000 |
| If this is an individual account plan, was there a blackout period | 2020-09-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-09-30 | No |
| Contributions received from participants | 2020-09-30 | $507,402 |
| Participant contributions at end of year | 2020-09-30 | $373 |
| Participant contributions at beginning of year | 2020-09-30 | $855 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-09-30 | $3,591 |
| Administrative expenses (other) incurred | 2020-09-30 | $24,679 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-09-30 | No |
| Value of net income/loss | 2020-09-30 | $1,369,245 |
| Value of net assets at end of year (total assets less liabilities) | 2020-09-30 | $8,908,073 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-09-30 | $7,538,828 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-09-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-09-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-09-30 | No |
| Investment advisory and management fees | 2020-09-30 | $19,326 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-09-30 | $8,526,637 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-09-30 | $7,274,195 |
| Interest on participant loans | 2020-09-30 | $34 |
| Value of interest in common/collective trusts at end of year | 2020-09-30 | $381,063 |
| Value of interest in common/collective trusts at beginning of year | 2020-09-30 | $263,778 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-09-30 | $445,700 |
| Net investment gain or loss from common/collective trusts | 2020-09-30 | $10,964 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-09-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-09-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-09-30 | No |
| Contributions received in cash from employer | 2020-09-30 | $357,883 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-09-30 | $64,831 |
| 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 | 2020-09-30 | No |
| Did the plan have assets held for investment | 2020-09-30 | 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 | 2020-09-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-09-30 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2020-09-30 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2020-09-30 | Disclaimer |
| Accountancy firm name | 2020-09-30 | DIXON HUGHES GOODMAN LLP |
| Accountancy firm EIN | 2020-09-30 | 560747981 |
| 2019 : THE HUGHES 401(K) PROFIT SHARING PLAN 2019 401k financial data |
|---|
| Total income from all sources (including contributions) | 2019-09-30 | $835,060 |
| Total of all expenses incurred | 2019-09-30 | $954,758 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-09-30 | $902,322 |
| Value of total corrective distributions | 2019-09-30 | $8,552 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-09-30 | $735,178 |
| Value of total assets at end of year | 2019-09-30 | $7,538,828 |
| Value of total assets at beginning of year | 2019-09-30 | $7,658,526 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-09-30 | $43,884 |
| Total interest from all sources | 2019-09-30 | $62 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-09-30 | $168,818 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-09-30 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-09-30 | $168,818 |
| Was this plan covered by a fidelity bond | 2019-09-30 | Yes |
| Value of fidelity bond cover | 2019-09-30 | $800,000 |
| If this is an individual account plan, was there a blackout period | 2019-09-30 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-09-30 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-09-30 | No |
| Contributions received from participants | 2019-09-30 | $409,701 |
| Participant contributions at end of year | 2019-09-30 | $855 |
| Participant contributions at beginning of year | 2019-09-30 | $1,333 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-09-30 | $514 |
| Administrative expenses (other) incurred | 2019-09-30 | $25,427 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-09-30 | No |
| Value of net income/loss | 2019-09-30 | $-119,698 |
| Value of net assets at end of year (total assets less liabilities) | 2019-09-30 | $7,538,828 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-09-30 | $7,658,526 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-09-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-09-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-09-30 | No |
| Investment advisory and management fees | 2019-09-30 | $18,457 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-09-30 | $7,274,195 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-09-30 | $7,365,126 |
| Interest on participant loans | 2019-09-30 | $62 |
| Value of interest in common/collective trusts at end of year | 2019-09-30 | $263,778 |
| Value of interest in common/collective trusts at beginning of year | 2019-09-30 | $292,067 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-09-30 | $-76,879 |
| Net investment gain or loss from common/collective trusts | 2019-09-30 | $7,881 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-09-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-09-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-09-30 | No |
| Contributions received in cash from employer | 2019-09-30 | $324,963 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-09-30 | $902,322 |
| 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 | 2019-09-30 | No |
| Did the plan have assets held for investment | 2019-09-30 | 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 | 2019-09-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-09-30 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-09-30 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-09-30 | Disclaimer |
| Accountancy firm name | 2019-09-30 | DIXON HUGHES GOODMAN LLP |
| Accountancy firm EIN | 2019-09-30 | 560747981 |
