TELESOUTH COMMUNICATIONS, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan ASPIRE 401(K) FOR TELESOUTH COMMUNICATIONS, INC.
| Measure | Date | Value |
|---|
| 2022 : ASPIRE 401(K) FOR TELESOUTH COMMUNICATIONS, INC. 2022 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2022-09-14 | 392381 |
| Net assets as of the end of the plan year | 2022-09-14 | 2344404 |
| Total assets as of the beginning of the plan year | 2022-09-14 | 2298936 |
| Value of plan covered by a fidelity bond | 2022-09-14 | 250000 |
| Participant contributions to plan in this plan year | 2022-09-14 | 148517 |
| Value of participant loans at end of plan year | 2022-09-14 | 2998 |
| Other income to plan in this plan year | 2022-09-14 | 256903 |
| Plan net income in this plan year | 2022-09-14 | 45468 |
| Net assets as of the end of the plan year | 2022-09-14 | 2344404 |
| Net assets as of the beginning of the plan year | 2022-09-14 | 2298936 |
| Employer contributions to plan in this plan year | 2022-09-14 | 32429 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-09-14 | 13516 |
| Total unrealized appreciation/depreciation of assets | 2022-04-30 | $0 |
| Total transfer of assets from this plan | 2022-04-30 | $2,261,746 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-04-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-04-30 | $0 |
| Total income from all sources (including contributions) | 2022-04-30 | $-76,746 |
| Total loss/gain on sale of assets | 2022-04-30 | $0 |
| Total of all expenses incurred | 2022-04-30 | $5,912 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-04-30 | $5,837 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-04-30 | $0 |
| Value of total assets at end of year | 2022-04-30 | $0 |
| Value of total assets at beginning of year | 2022-04-30 | $2,344,404 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-04-30 | $75 |
| Total interest from all sources | 2022-04-30 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-04-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-04-30 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2022-04-30 | $0 |
| Was this plan covered by a fidelity bond | 2022-04-30 | Yes |
| Value of fidelity bond cover | 2022-04-30 | $250,000 |
| If this is an individual account plan, was there a blackout period | 2022-04-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-04-30 | No |
| Participant contributions at end of year | 2022-04-30 | $0 |
| Participant contributions at beginning of year | 2022-04-30 | $2,998 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-04-30 | No |
| Value of net income/loss | 2022-04-30 | $-82,658 |
| Value of net assets at end of year (total assets less liabilities) | 2022-04-30 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-04-30 | $2,344,404 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-04-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-04-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-04-30 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-04-30 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-04-30 | $2,221,969 |
| Value of interest in common/collective trusts at end of year | 2022-04-30 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2022-04-30 | $118,709 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-04-30 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-04-30 | $63 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-04-30 | $63 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-04-30 | $-76,746 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-04-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-04-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-04-30 | No |
| Employer contributions (assets) at end of year | 2022-04-30 | $0 |
| Employer contributions (assets) at beginning of year | 2022-04-30 | $665 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-04-30 | $5,837 |
| Contract administrator fees | 2022-04-30 | $75 |
| Did the plan have assets held for investment | 2022-04-30 | 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 | 2022-04-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-04-30 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2022-04-30 | Unqualified |
| Accountancy firm name | 2022-04-30 | HADDOX REID EUBANKS BETTS PLLC |
| Accountancy firm EIN | 2022-04-30 | 640414329 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total transfer of assets from this plan | 2022-01-01 | $2,261,746 |
| 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 | $-76,746 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $5,912 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $5,837 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $0 |
| Value of total assets at end of year | 2022-01-01 | $0 |
| Value of total assets at beginning of year | 2022-01-01 | $2,344,404 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $75 |
| Total interest from all sources | 2022-01-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2022-01-01 | $0 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $250,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Participant contributions at end of year | 2022-01-01 | $0 |
| Participant contributions at beginning of year | 2022-01-01 | $2,998 |
| 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 | $-82,658 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $2,344,404 |
| 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 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $2,221,969 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $118,709 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-76,746 |
| 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 |
| Employer contributions (assets) at end of year | 2022-01-01 | $0 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $665 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $5,837 |
| Contract administrator fees | 2022-01-01 | $75 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 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 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | HADDOX REID EUBANKS BETTS PLLC |
| Accountancy firm EIN | 2022-01-01 | 640414329 |
