CAROLINA PRECISION TECHNOLOGIES, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan CAROLINA PRECISION TECHNOLOGIES 401(K) PLAN
Measure | Date | Value |
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2022 : CAROLINA PRECISION TECHNOLOGIES 401(K) PLAN 2022 401k financial data |
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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 | $25,969 |
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 | $36,927 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $187,166 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $174,336 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $292,999 |
Value of total assets at end of year | 2022-12-31 | $1,272,099 |
Value of total assets at beginning of year | 2022-12-31 | $1,396,369 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $12,830 |
Total interest from all sources | 2022-12-31 | $1,213 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $26,413 |
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 | $26,413 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $171,211 |
Participant contributions at end of year | 2022-12-31 | $8,835 |
Participant contributions at beginning of year | 2022-12-31 | $15,081 |
Participant contributions at end of year | 2022-12-31 | $0 |
Participant contributions at beginning of year | 2022-12-31 | $3,598 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $18,378 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $25,969 |
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 | $-150,239 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $1,246,130 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $1,396,369 |
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 | $3,745 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $1,233,471 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $1,342,084 |
Interest on participant loans | 2022-12-31 | $749 |
Income. Interest from loans (other than to participants) | 2022-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $29,793 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $33,638 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $33,638 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $464 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-283,698 |
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 | $103,410 |
Employer contributions (assets) at end of year | 2022-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $1,968 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $174,336 |
Contract administrator fees | 2022-12-31 | $9,085 |
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 | PARSONS CPA, PLLC |
Accountancy firm EIN | 2022-12-31 | 274214364 |
2021 : CAROLINA PRECISION TECHNOLOGIES 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $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 | $401,763 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $671,969 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $659,526 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $227,825 |
Value of total assets at end of year | 2021-12-31 | $1,396,369 |
Value of total assets at beginning of year | 2021-12-31 | $1,666,575 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $12,443 |
Total interest from all sources | 2021-12-31 | $1,599 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $23,616 |
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 | $23,616 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $162,534 |
Participant contributions at end of year | 2021-12-31 | $15,081 |
Participant contributions at beginning of year | 2021-12-31 | $29,612 |
Participant contributions at end of year | 2021-12-31 | $3,598 |
Participant contributions at beginning of year | 2021-12-31 | $2,618 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $21,071 |
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 | $-270,206 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $1,396,369 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $1,666,575 |
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 | $4,231 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $1,342,084 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $1,462,413 |
Interest on participant loans | 2021-12-31 | $1,586 |
Income. Interest from loans (other than to participants) | 2021-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $33,638 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $171,932 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $171,932 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $13 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $148,723 |
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 | $44,220 |
Employer contributions (assets) at end of year | 2021-12-31 | $1,968 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $659,526 |
Contract administrator fees | 2021-12-31 | $8,212 |
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 | PARSONS CPA, PLLC |
Accountancy firm EIN | 2021-12-31 | 274214364 |
2020 : CAROLINA PRECISION TECHNOLOGIES 401(K) PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total transfer of assets to this plan | 2020-12-31 | $1,271,538 |
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 | $541,364 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $146,327 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $137,554 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $300,699 |
Value of total assets at end of year | 2020-12-31 | $1,666,575 |
Value of total assets at beginning of year | 2020-12-31 | $0 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $8,773 |
Total interest from all sources | 2020-12-31 | $2,309 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $26,495 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $26,495 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $229,467 |
Participant contributions at end of year | 2020-12-31 | $29,612 |
Participant contributions at beginning of year | 2020-12-31 | $0 |
Participant contributions at end of year | 2020-12-31 | $2,618 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $3,739 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $395,037 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $1,666,575 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $0 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Investment advisory and management fees | 2020-12-31 | $2,993 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $1,462,413 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $0 |
Interest on participant loans | 2020-12-31 | $2,142 |
Income. Interest from loans (other than to participants) | 2020-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $171,932 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $167 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $211,861 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $67,493 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $137,554 |
Contract administrator fees | 2020-12-31 | $5,780 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | PARSONS CPA, PLLC |
Accountancy firm EIN | 2020-12-31 | 274214364 |