ISLAND FINANCE, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PLAN DE AHORRO EMPLEADOS ISLAND FINANCE
| Measure | Date | Value |
|---|
| 2023 : PLAN DE AHORRO EMPLEADOS ISLAND FINANCE 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 | $2,371,975 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,178,424 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,130,197 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $762,437 |
| Value of total assets at end of year | 2023-12-31 | $10,333,345 |
| Value of total assets at beginning of year | 2023-12-31 | $9,139,794 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $48,227 |
| Total interest from all sources | 2023-12-31 | $4,332 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $298,916 |
| 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 | $298,916 |
| 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 | $562,876 |
| Participant contributions at end of year | 2023-12-31 | $70,864 |
| Participant contributions at beginning of year | 2023-12-31 | $48,148 |
| Administrative expenses (other) incurred | 2023-12-31 | $48,227 |
| 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 | $1,193,551 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $10,333,345 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $9,139,794 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $7,522,175 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $6,331,831 |
| Interest on participant loans | 2023-12-31 | $4,332 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $2,740,306 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $2,759,815 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $1,306,290 |
| 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 | $199,561 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,130,197 |
| 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 | RSM PUERTO RICO |
| Accountancy firm EIN | 2023-12-31 | 660388756 |
| 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 | $2,371,975 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $1,178,424 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $1,130,197 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $762,437 |
| Value of total assets at end of year | 2023-01-01 | $10,333,345 |
| Value of total assets at beginning of year | 2023-01-01 | $9,139,794 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $48,227 |
| Total interest from all sources | 2023-01-01 | $4,332 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $298,916 |
| 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 | $298,916 |
| 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 | $562,876 |
| Participant contributions at end of year | 2023-01-01 | $70,864 |
| Participant contributions at beginning of year | 2023-01-01 | $48,148 |
| Administrative expenses (other) incurred | 2023-01-01 | $48,227 |
| 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 | $1,193,551 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $10,333,345 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $9,139,794 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $7,522,175 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $6,331,831 |
| Interest on participant loans | 2023-01-01 | $4,332 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $2,740,306 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $2,759,815 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $1,306,290 |
| 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 | $199,561 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $1,130,197 |
| 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 | RSM PUERTO RICO |
| Accountancy firm EIN | 2023-01-01 | 660388756 |
| 2022 : PLAN DE AHORRO EMPLEADOS ISLAND FINANCE 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 | $-1,085,914 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $710,087 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $688,052 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $701,143 |
| Value of total assets at end of year | 2022-12-31 | $9,139,794 |
| Value of total assets at beginning of year | 2022-12-31 | $10,935,795 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $22,035 |
| Total interest from all sources | 2022-12-31 | $4,683 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $341,259 |
| 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 | $341,259 |
| 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 | $518,673 |
| Participant contributions at end of year | 2022-12-31 | $48,148 |
| Participant contributions at beginning of year | 2022-12-31 | $44,572 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $11,629 |
| Administrative expenses (other) incurred | 2022-12-31 | $22,035 |
| 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 | $-1,796,001 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $9,139,794 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $10,935,795 |
| 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 | $6,331,831 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $8,157,164 |
| Interest on participant loans | 2022-12-31 | $4,220 |
| Interest earned on other investments | 2022-12-31 | $463 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $2,759,815 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $2,734,059 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,132,999 |
| 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 | $170,841 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $688,052 |
| 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 | RSM PUERTO RICO |
| Accountancy firm EIN | 2022-12-31 | 660388756 |
| 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 | $-1,085,914 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $710,087 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $688,052 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $701,143 |
| Value of total assets at end of year | 2022-01-01 | $9,139,794 |
| Value of total assets at beginning of year | 2022-01-01 | $10,935,795 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $22,035 |
| Total interest from all sources | 2022-01-01 | $4,683 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $341,259 |
| 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 | $341,259 |
| 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 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $518,673 |
| Participant contributions at end of year | 2022-01-01 | $48,148 |
| Participant contributions at beginning of year | 2022-01-01 | $44,572 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $11,629 |
| Administrative expenses (other) incurred | 2022-01-01 | $22,035 |
| 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 | $-1,796,001 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $9,139,794 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $10,935,795 |
| 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 | $6,331,831 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $8,157,164 |
| Interest on participant loans | 2022-01-01 | $4,220 |
| Interest earned on other investments | 2022-01-01 | $463 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $2,759,815 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $2,734,059 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-2,132,999 |
| 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 | $170,841 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $688,052 |
| 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 | RSM PUERTO RICO |
| Accountancy firm EIN | 2022-01-01 | 660388756 |
| 2021 : PLAN DE AHORRO EMPLEADOS ISLAND FINANCE 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 | $1,954,587 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $683,430 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $662,815 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $667,132 |
| Value of total assets at end of year | 2021-12-31 | $10,935,795 |
| Value of total assets at beginning of year | 2021-12-31 | $9,664,638 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $20,615 |
| Total interest from all sources | 2021-12-31 | $5,429 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $543,152 |
| 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 | $543,152 |
| 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 | $495,484 |
| Participant contributions at end of year | 2021-12-31 | $44,572 |
| Participant contributions at beginning of year | 2021-12-31 | $71,349 |
| Administrative expenses (other) incurred | 2021-12-31 | $20,615 |
| 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 | $1,271,157 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $10,935,795 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $9,664,638 |
| 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 | $8,157,164 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $6,863,805 |
| Interest on participant loans | 2021-12-31 | $4,873 |
| Interest earned on other investments | 2021-12-31 | $556 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $2,734,059 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $2,729,484 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $738,874 |
| 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 | $171,648 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $662,815 |
| 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 | RSM PUERTO RICO |
| Accountancy firm EIN | 2021-12-31 | 660388756 |
| 2020 : PLAN DE AHORRO EMPLEADOS ISLAND FINANCE 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 | $1,914,708 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $633,780 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $619,077 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $720,848 |
| Value of total assets at end of year | 2020-12-31 | $9,664,638 |
| Value of total assets at beginning of year | 2020-12-31 | $8,381,658 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $14,703 |
| Total interest from all sources | 2020-12-31 | $4,460 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $243,019 |
| 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 | $243,019 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| 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 | $514,580 |
| Participant contributions at end of year | 2020-12-31 | $71,349 |
| Participant contributions at beginning of year | 2020-12-31 | $62,164 |
| Assets. Other investments not covered elsewhere at beginning of year | 2020-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $21,395 |
| Administrative expenses (other) incurred | 2020-12-31 | $14,703 |
| 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 | $1,280,928 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $9,664,638 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $8,381,658 |
| 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 | $6,863,805 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $5,284,685 |
| Interest on participant loans | 2020-12-31 | $5,827 |
| Interest earned on other investments | 2020-12-31 | $-1,367 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $2,729,484 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $3,034,809 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $946,381 |
| 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 | Yes |
| 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 | $184,873 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $619,077 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $0 |
| 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 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2020-12-31 | $0 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | RSM PUERTO RICO |
| Accountancy firm EIN | 2020-12-31 | 660388756 |
| 2019 : PLAN DE AHORRO EMPLEADOS ISLAND FINANCE 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $9,725 |
| Total income from all sources (including contributions) | 2019-12-31 | $1,799,838 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $357,233 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $329,341 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $618,490 |
| Value of total assets at end of year | 2019-12-31 | $8,381,658 |
| Value of total assets at beginning of year | 2019-12-31 | $6,948,778 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $27,892 |
| Total interest from all sources | 2019-12-31 | $4,460 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $178,956 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $178,956 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $461,399 |
| Participant contributions at end of year | 2019-12-31 | $62,164 |
| Participant contributions at beginning of year | 2019-12-31 | $61,357 |
| Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $6,275 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $9,725 |
| Administrative expenses (other) incurred | 2019-12-31 | $27,892 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Income. Non cash contributions | 2019-12-31 | $0 |
| Value of net income/loss | 2019-12-31 | $1,442,605 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $8,381,658 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $6,939,053 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $5,284,685 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $3,833,528 |
| Interest on participant loans | 2019-12-31 | $5,542 |
| Interest earned on other investments | 2019-12-31 | $-1,082 |
| Income. Interest from US Government securities | 2019-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2019-12-31 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $3,034,809 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $3,053,893 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $997,932 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $150,816 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $329,341 |
| Liabilities. Value of benefit claims payable at end of year | 2019-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $0 |
| Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2019-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2019-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | RSM PUERTO RICO |
| Accountancy firm EIN | 2019-12-31 | 660388756 |
