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ABLE MOVING AND STORAGE RETIREMENT SAVINGS PLAN 401k Plan overview

Plan NameABLE MOVING AND STORAGE RETIREMENT SAVINGS PLAN
Plan identification number 001

ABLE MOVING AND STORAGE RETIREMENT SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
    SELECT distinct(Description) AS Description FROM 401k_benefit_codes LEFT JOIN 401k_benefit_code_description ON BenefitCode=Code COLLATE utf8_unicode_ci WHERE EIN='541417920' AND PlanID='001'

401k Sponsoring company profile

ABLE MOVING AND STORAGE, INC. has sponsored the creation of one or more 401k plans.

Company Name:ABLE MOVING AND STORAGE, INC.
Employer identification number (EIN):541417920
NAIC Classification:531130
NAIC Description:Lessors of Miniwarehouses and Self-Storage Units

Additional information about ABLE MOVING AND STORAGE, INC.

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 1987-05-11
Company Identification Number: 0303448
Legal Registered Office Address: 8050 WELLINGFORD DRIVE

MANASSAS
United States of America (USA)
20109

More information about ABLE MOVING AND STORAGE, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ABLE MOVING AND STORAGE RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01ANGELLA HALL
0012023-01-01
0012023-01-01
0012023-01-01ANGELLA HALL
0012023-01-01ANGELLA HALL
0012022-01-01JOSEPH SINGLETON2023-09-20
0012021-01-01JOSEPH SINGLETON2022-10-14
0012020-01-01JOSEPH SINGLETON2021-10-05 JOSEPH SINGLETON2021-10-05
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01JOSEPH SINGLETON2016-08-30
0012014-01-01JOSEPH SINGLETON2015-07-02
0012013-01-01
0012012-01-01JOSEPH SINGLETON2013-07-22
0012011-01-01JOSEPH SINGLETON2012-09-25
0012010-01-01JOSEPH SINGLETON2011-08-23

Financial Data on ABLE MOVING AND STORAGE RETIREMENT SAVINGS PLAN

Measure Date Value
2023 : ABLE MOVING AND STORAGE RETIREMENT SAVINGS PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-12-31$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$1,890,019
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$275,272
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$251,504
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$863,878
Value of total assets at end of year2023-12-31$7,361,470
Value of total assets at beginning of year2023-12-31$5,746,723
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$23,768
Total interest from all sources2023-12-31$6,679
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$20,360
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2023-12-31$20,360
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$500,000
If this is an individual account plan, was there a blackout period2023-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$514,399
Participant contributions at end of year2023-12-31$87,612
Participant contributions at beginning of year2023-12-31$62,983
Participant contributions at end of year2023-12-31$7,596
Participant contributions at beginning of year2023-12-31$7,618
Income. Received or receivable in cash from other sources (including rollovers)2023-12-31$13,746
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2023-12-31$981
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$1,614,747
Value of net assets at end of year (total assets less liabilities)2023-12-31$7,361,470
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$5,746,723
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$1,403,409
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$5,454,881
Interest on participant loans2023-12-31$6,679
Value of interest in common/collective trusts at end of year2023-12-31$5,758,762
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2023-12-31$15,649
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2023-12-31$15,649
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$484,825
Net investment gain or loss from common/collective trusts2023-12-31$514,277
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$335,733
Employer contributions (assets) at end of year2023-12-31$104,091
Employer contributions (assets) at beginning of year2023-12-31$205,592
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$250,523
Contract administrator fees2023-12-31$23,768
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32023-12-31Yes
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31UHY LLP
Accountancy firm EIN2023-12-31200694403
Total unrealized appreciation/depreciation of assets2023-01-01$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$1,890,019
Total loss/gain on sale of assets2023-01-01$0
Total of all expenses incurred2023-01-01$275,272
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-01-01$251,504
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-01-01$863,878
Value of total assets at end of year2023-01-01$7,361,470
Value of total assets at beginning of year2023-01-01$5,746,723
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-01-01$23,768
Total interest from all sources2023-01-01$6,679
Total dividends received (eg from common stock, registered investment company shares)2023-01-01$20,360
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-01-01No
Total dividends received from registered investment company shares (eg mutual funds)2023-01-01$20,360
Was this plan covered by a fidelity bond2023-01-01Yes
Value of fidelity bond cover2023-01-01$500,000
If this is an individual account plan, was there a blackout period2023-01-01Yes
Were there any nonexempt tranactions with any party-in-interest2023-01-01No
Contributions received from participants2023-01-01$514,399
Participant contributions at end of year2023-01-01$87,612
Participant contributions at beginning of year2023-01-01$62,983
Participant contributions at end of year2023-01-01$7,596
Participant contributions at beginning of year2023-01-01$7,618
Income. Received or receivable in cash from other sources (including rollovers)2023-01-01$13,746
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2023-01-01$981
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Value of net income/loss2023-01-01$1,614,747
Value of net assets at end of year (total assets less liabilities)2023-01-01$7,361,470
Value of net assets at beginning of year (total assets less liabilities)2023-01-01$5,746,723
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2023-01-01No
Were any leases to which the plan was party in default or uncollectible2023-01-01No
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-01-01$1,403,409
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-01-01$5,454,881
Interest on participant loans2023-01-01$6,679
Value of interest in common/collective trusts at end of year2023-01-01$5,758,762
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-01-01$484,825
Net investment gain or loss from common/collective trusts2023-01-01$514,277
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-01-01No
Was there a failure to transmit to the plan any participant contributions2023-01-01No
Has the plan failed to provide any benefit when due under the plan2023-01-01No
Contributions received in cash from employer2023-01-01$335,733
Employer contributions (assets) at end of year2023-01-01$104,091
Employer contributions (assets) at beginning of year2023-01-01$205,592
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-01-01$250,523
Contract administrator fees2023-01-01$23,768
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32023-01-01Yes
Did the plan have assets held for investment2023-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-01-01No
Opinion of an independent qualified public accountant for this plan2023-01-011
Accountancy firm name2023-01-01UHY LLP
Accountancy firm EIN2023-01-01200694403
2022 : ABLE MOVING AND STORAGE RETIREMENT SAVINGS PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$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$0
Total income from all sources (including contributions)2022-12-31$-165,695
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$140,990
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$123,101
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$995,544
Value of total assets at end of year2022-12-31$5,746,723
Value of total assets at beginning of year2022-12-31$6,053,408
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$17,889
Total interest from all sources2022-12-31$1,226
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$387,933
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$387,933
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$463,448
Participant contributions at end of year2022-12-31$62,983
Participant contributions at beginning of year2022-12-31$56,410
Participant contributions at end of year2022-12-31$7,618
Participant contributions at beginning of year2022-12-31$6,513
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$105,059
Administrative expenses (other) incurred2022-12-31$17,889
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-306,685
Value of net assets at end of year (total assets less liabilities)2022-12-31$5,746,723
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$6,053,408
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$5,454,881
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$5,864,725
Interest on participant loans2022-12-31$1,226
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$15,649
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$22,350
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$22,350
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-1,550,398
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$427,037
Employer contributions (assets) at end of year2022-12-31$205,592
Employer contributions (assets) at beginning of year2022-12-31$103,410
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$123,101
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31UHY LLP
Accountancy firm EIN2022-12-31200694403
Total unrealized appreciation/depreciation of assets2022-01-01$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$0
Total income from all sources (including contributions)2022-01-01$-165,695
Total loss/gain on sale of assets2022-01-01$0
Total of all expenses incurred2022-01-01$140,990
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$123,101
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$995,544
Value of total assets at end of year2022-01-01$5,746,723
Value of total assets at beginning of year2022-01-01$6,053,408
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$17,889
Total interest from all sources2022-01-01$1,226
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$387,933
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Total dividends received from registered investment company shares (eg mutual funds)2022-01-01$387,933
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$500,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$463,448
Participant contributions at end of year2022-01-01$62,983
Participant contributions at beginning of year2022-01-01$56,410
Participant contributions at end of year2022-01-01$7,618
Participant contributions at beginning of year2022-01-01$6,513
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$105,059
Administrative expenses (other) incurred2022-01-01$17,889
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$-306,685
Value of net assets at end of year (total assets less liabilities)2022-01-01$5,746,723
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$6,053,408
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-01-01$5,454,881
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-01-01$5,864,725
Interest on participant loans2022-01-01$1,226
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-01-01$15,649
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-01-01$-1,550,398
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01Yes
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$427,037
Employer contributions (assets) at end of year2022-01-01$205,592
Employer contributions (assets) at beginning of year2022-01-01$103,410
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$123,101
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01UHY LLP
Accountancy firm EIN2022-01-01200694403
2021 : ABLE MOVING AND STORAGE RETIREMENT SAVINGS PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$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$1,659,266
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$651,619
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$628,279
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$807,302
Value of total assets at end of year2021-12-31$6,053,408
Value of total assets at beginning of year2021-12-31$5,045,761
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$23,340
Total interest from all sources2021-12-31$659
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$366,954
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$366,954
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$463,613
Participant contributions at end of year2021-12-31$56,410
Participant contributions at beginning of year2021-12-31$3,195
Participant contributions at end of year2021-12-31$6,513
Participant contributions at beginning of year2021-12-31$22,444
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$18,093
Administrative expenses (other) incurred2021-12-31$23,340
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$1,007,647
Value of net assets at end of year (total assets less liabilities)2021-12-31$6,053,408
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$5,045,761
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$5,864,725
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$4,846,444
Interest on participant loans2021-12-31$659
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$22,350
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$18,136
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$18,136
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$484,351
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$325,596
Employer contributions (assets) at end of year2021-12-31$103,410
Employer contributions (assets) at beginning of year2021-12-31$155,542
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$628,279
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31UHY LLP
Accountancy firm EIN2021-12-31200694403
2020 : ABLE MOVING AND STORAGE RETIREMENT SAVINGS PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$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$1,447,373
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$87,557
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$72,785
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$751,662
Value of total assets at end of year2020-12-31$5,045,761
Value of total assets at beginning of year2020-12-31$3,685,945
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$14,772
Total interest from all sources2020-12-31$91
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$220,785
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$220,785
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$369,977
Participant contributions at end of year2020-12-31$3,195
Participant contributions at beginning of year2020-12-31$0
Participant contributions at end of year2020-12-31$22,444
Participant contributions at beginning of year2020-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$48,170
Administrative expenses (other) incurred2020-12-31$14,772
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,359,816
Value of net assets at end of year (total assets less liabilities)2020-12-31$5,045,761
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$3,685,945
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$4,846,444
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$3,579,197
Interest on participant loans2020-12-31$62
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$18,136
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$6,748
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$6,748
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$29
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$474,835
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$333,515
Employer contributions (assets) at end of year2020-12-31$155,542
Employer contributions (assets) at beginning of year2020-12-31$100,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$72,785
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31UHY LLP
Accountancy firm EIN2020-12-31200694403

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered132
Insurance policy start date2023-05-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

Potentially related plans

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