MODERN MARKETING CONCEPTS INC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MODERN MARKETING CONCEPTS INC 401K
| Measure | Date | Value |
|---|
| 2022 : MODERN MARKETING CONCEPTS INC 401K 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 | $-614,527 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $228,579 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $227,389 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $828,956 |
| Value of total assets at end of year | 2022-12-31 | $7,408,728 |
| Value of total assets at beginning of year | 2022-12-31 | $8,251,834 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $1,190 |
| Total interest from all sources | 2022-12-31 | $15,848 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $482,636 |
| 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 | $482,636 |
| 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 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $441,120 |
| Participant contributions at end of year | 2022-12-31 | $71,163 |
| Participant contributions at beginning of year | 2022-12-31 | $34,830 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $160,526 |
| Administrative expenses (other) incurred | 2022-12-31 | $1,190 |
| 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 | $-843,106 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $7,408,728 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $8,251,834 |
| 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 | $6,308,205 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $7,233,448 |
| Interest on participant loans | 2022-12-31 | $2,070 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $1,029,360 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $983,556 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $983,556 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $13,778 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,941,967 |
| 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 | $227,310 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $227,389 |
| 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 | BLUE & CO. LLC |
| Accountancy firm EIN | 2022-12-31 | 351178661 |
| 2021 : MODERN MARKETING CONCEPTS INC 401K 2021 401k financial data |
|---|
| 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 | $1,849,410 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $90,262 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $88,982 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $905,611 |
| Value of total assets at end of year | 2021-12-31 | $8,251,834 |
| Value of total assets at beginning of year | 2021-12-31 | $6,492,686 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $1,280 |
| Total interest from all sources | 2021-12-31 | $347 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $534,109 |
| 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 | $534,109 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| 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 | $443,256 |
| Participant contributions at end of year | 2021-12-31 | $34,830 |
| Participant contributions at beginning of year | 2021-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $38,116 |
| Administrative expenses (other) incurred | 2021-12-31 | $1,280 |
| 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 | $1,759,148 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $8,251,834 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $6,492,686 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $7,233,448 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $5,801,846 |
| Interest on participant loans | 2021-12-31 | $273 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $983,556 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $690,840 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $690,840 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $74 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $409,343 |
| 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 | Yes |
| 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 | $424,239 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $88,982 |
| 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 | BLUE & CO. LLC |
| Accountancy firm EIN | 2021-12-31 | 351178661 |
| 2020 : MODERN MARKETING CONCEPTS INC 401K 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $1,535,298 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $204,326 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $203,586 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $556,720 |
| Value of total assets at end of year | 2020-12-31 | $6,492,686 |
| Value of total assets at beginning of year | 2020-12-31 | $5,161,714 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $740 |
| Total interest from all sources | 2020-12-31 | $2,389 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $268,022 |
| 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 | $268,022 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $100,000 |
| 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 | $369,392 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $7,129 |
| Administrative expenses (other) incurred | 2020-12-31 | $740 |
| 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 | $1,330,972 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $6,492,686 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $5,161,714 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $5,801,846 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $4,275,504 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $690,840 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $886,210 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $886,210 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $2,389 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $708,167 |
| 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 | $180,199 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $203,586 |
| Did the plan have assets held for investment | 2020-12-31 | No |
| 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 | Unqualified |
| Accountancy firm name | 2020-12-31 | BLUE & CO. LLC |
| Accountancy firm EIN | 2020-12-31 | 351178661 |
