NEW CENTURY PARTNERS has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan NEW CENTURY PARTNERS DEFINED BENEFIT PLAN
Measure | Date | Value |
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2023: NEW CENTURY PARTNERS DEFINED BENEFIT PLAN 2023 401k membership |
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Market value of plan assets | 2023-07-31 | 5,950,187 |
Acturial value of plan assets | 2023-07-31 | 5,950,187 |
Funding target for retired participants and beneficiaries receiving payment | 2023-07-31 | 0 |
Number of terminated vested participants | 2023-07-31 | 0 |
Fundng target for terminated vested participants | 2023-07-31 | 0 |
Active participant vested funding target | 2023-07-31 | 4,924,417 |
Number of active participants | 2023-07-31 | 4 |
Total funding liabilities for active participants | 2023-07-31 | 4,932,497 |
Total participant count | 2023-07-31 | 4 |
Total funding target for all participants | 2023-07-31 | 4,932,497 |
Balance at beginning of prior year after applicable adjustments | 2023-07-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2023-07-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2023-07-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2023-07-31 | 0 |
Amount remaining of carryover balance | 2023-07-31 | 0 |
Amount remaining of prefunding balance | 2023-07-31 | 0 |
Present value of excess contributions | 2023-07-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2023-07-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2023-07-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2023-07-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2023-07-31 | 0 |
Balance of carryovers at beginning of current year | 2023-07-31 | 0 |
Balance of prefunding at beginning of current year | 2023-07-31 | 0 |
Total employer contributions | 2023-07-31 | 0 |
Total employee contributions | 2023-07-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2023-07-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2023-07-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2023-07-31 | 0 |
Unpaid minimum required contributions for all prior years | 2023-07-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2023-07-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2023-07-31 | 0 |
Minimum required contributions for current year target normal cost | 2023-07-31 | 750,603 |
Total funding amount beforereflecting carryover/prefunding balances | 2023-07-31 | 0 |
Additional cash requirement | 2023-07-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2023-07-31 | 0 |
Unpaid minimum required contributions for current year | 2023-07-31 | 0 |
Unpaid minimum required contributions for all years | 2023-07-31 | 0 |
Total participants, beginning-of-year | 2023-01-01 | 4 |
Total number of active participants reported on line 7a of the Form 5500 | 2023-01-01 | 0 |
Number of retired or separated participants receiving benefits | 2023-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2023-01-01 | 0 |
Total of all active and inactive participants | 2023-01-01 | 0 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2023-01-01 | 0 |
Total participants | 2023-01-01 | 0 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2023-01-01 | 0 |
2022: NEW CENTURY PARTNERS DEFINED BENEFIT PLAN 2022 401k membership |
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Market value of plan assets | 2022-12-31 | 7,118,355 |
Acturial value of plan assets | 2022-12-31 | 7,118,355 |
Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 0 |
Number of terminated vested participants | 2022-12-31 | 0 |
Fundng target for terminated vested participants | 2022-12-31 | 0 |
Active participant vested funding target | 2022-12-31 | 3,777,646 |
Number of active participants | 2022-12-31 | 3 |
Total funding liabilities for active participants | 2022-12-31 | 3,777,646 |
Total participant count | 2022-12-31 | 3 |
Total funding target for all participants | 2022-12-31 | 3,777,646 |
Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-12-31 | 0 |
Amount remaining of carryover balance | 2022-12-31 | 0 |
Amount remaining of prefunding balance | 2022-12-31 | 0 |
Present value of excess contributions | 2022-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 0 |
Balance of carryovers at beginning of current year | 2022-12-31 | 0 |
Balance of prefunding at beginning of current year | 2022-12-31 | 0 |
Total employer contributions | 2022-12-31 | 0 |
Total employee contributions | 2022-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2022-12-31 | 817,962 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 0 |
Additional cash requirement | 2022-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
Total participants, beginning-of-year | 2022-01-01 | 4 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 4 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 0 |
Total of all active and inactive participants | 2022-01-01 | 4 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
Total participants | 2022-01-01 | 4 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
2021: NEW CENTURY PARTNERS DEFINED BENEFIT PLAN 2021 401k membership |
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Market value of plan assets | 2021-12-31 | 6,402,473 |
Acturial value of plan assets | 2021-12-31 | 6,402,473 |
Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 0 |
Number of terminated vested participants | 2021-12-31 | 0 |
Fundng target for terminated vested participants | 2021-12-31 | 0 |
Active participant vested funding target | 2021-12-31 | 3,147,920 |
Number of active participants | 2021-12-31 | 2 |
Total funding liabilities for active participants | 2021-12-31 | 3,179,938 |
Total participant count | 2021-12-31 | 2 |
Total funding target for all participants | 2021-12-31 | 3,179,938 |
Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 991,614 |
Prefunding balanced used to offset prior years funding requirement | 2021-12-31 | 0 |
Amount remaining of carryover balance | 2021-12-31 | 0 |
Amount remaining of prefunding balance | 2021-12-31 | 991,614 |
Present value of excess contributions | 2021-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 991,614 |
Balance of carryovers at beginning of current year | 2021-12-31 | 0 |
Balance of prefunding at beginning of current year | 2021-12-31 | 0 |
Total employer contributions | 2021-12-31 | 0 |
Total employee contributions | 2021-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2021-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2021-12-31 | 32,017 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2021-12-31 | 0 |
Additional cash requirement | 2021-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 0 |
Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
Unpaid minimum required contributions for all years | 2021-12-31 | 0 |
Total participants, beginning-of-year | 2021-01-01 | 3 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 3 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 0 |
Total of all active and inactive participants | 2021-01-01 | 3 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
Total participants | 2021-01-01 | 3 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
2012: NEW CENTURY PARTNERS DEFINED BENEFIT PLAN 2012 401k membership |
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Total participants, beginning-of-year | 2012-01-01 | 1 |
Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 1 |
Number of retired or separated participants receiving benefits | 2012-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 0 |
Total of all active and inactive participants | 2012-01-01 | 1 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 0 |
Total participants | 2012-01-01 | 1 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 0 |
Measure | Date | Value |
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2023 : NEW CENTURY PARTNERS DEFINED BENEFIT PLAN 2023 401k financial data |
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Total plan liabilities at end of year | 2023-07-31 | $0 |
Total plan liabilities at beginning of year | 2023-07-31 | $0 |
Total income from all sources | 2023-07-31 | $-141,683 |
Expenses. Total of all expenses incurred | 2023-07-31 | $5,808,504 |
Benefits paid (including direct rollovers) | 2023-07-31 | $5,808,504 |
Total plan assets at end of year | 2023-07-31 | $0 |
Total plan assets at beginning of year | 2023-07-31 | $5,950,187 |
Total contributions received or receivable from participants | 2023-07-31 | $0 |
Expenses. Other expenses not covered elsewhere | 2023-07-31 | $0 |
Contributions received from other sources (not participants or employers) | 2023-07-31 | $0 |
Other income received | 2023-07-31 | $-141,683 |
Noncash contributions received | 2023-07-31 | $0 |
Net income (gross income less expenses) | 2023-07-31 | $-5,950,187 |
Net plan assets at end of year (total assets less liabilities) | 2023-07-31 | $0 |
Net plan assets at beginning of year (total assets less liabilities) | 2023-07-31 | $5,950,187 |
Total contributions received or receivable from employer(s) | 2023-07-31 | $0 |
Value of certain deemed distributions of participant loans | 2023-07-31 | $0 |
Value of corrective distributions | 2023-07-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2023-07-31 | $0 |
2022 : NEW CENTURY PARTNERS DEFINED BENEFIT PLAN 2022 401k financial data |
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Total plan liabilities at end of year | 2022-12-31 | $0 |
Total plan liabilities at beginning of year | 2022-12-31 | $0 |
Total income from all sources | 2022-12-31 | $-917,316 |
Expenses. Total of all expenses incurred | 2022-12-31 | $250,852 |
Benefits paid (including direct rollovers) | 2022-12-31 | $250,852 |
Total plan assets at end of year | 2022-12-31 | $5,950,187 |
Total plan assets at beginning of year | 2022-12-31 | $7,118,355 |
Total contributions received or receivable from participants | 2022-12-31 | $0 |
Expenses. Other expenses not covered elsewhere | 2022-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2022-12-31 | $0 |
Other income received | 2022-12-31 | $-917,316 |
Noncash contributions received | 2022-12-31 | $0 |
Net income (gross income less expenses) | 2022-12-31 | $-1,168,168 |
Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $5,950,187 |
Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $7,118,355 |
Total contributions received or receivable from employer(s) | 2022-12-31 | $0 |
Value of certain deemed distributions of participant loans | 2022-12-31 | $0 |
Value of corrective distributions | 2022-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2022-12-31 | $0 |
2021 : NEW CENTURY PARTNERS DEFINED BENEFIT PLAN 2021 401k financial data |
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Transfers to/from the plan | 2021-12-31 | $0 |
Total plan liabilities at end of year | 2021-12-31 | $0 |
Total plan liabilities at beginning of year | 2021-12-31 | $0 |
Total income from all sources | 2021-12-31 | $965,539 |
Expenses. Total of all expenses incurred | 2021-12-31 | $249,657 |
Benefits paid (including direct rollovers) | 2021-12-31 | $249,657 |
Total plan assets at end of year | 2021-12-31 | $7,118,355 |
Total plan assets at beginning of year | 2021-12-31 | $6,402,473 |
Total contributions received or receivable from participants | 2021-12-31 | $0 |
Expenses. Other expenses not covered elsewhere | 2021-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2021-12-31 | $0 |
Other income received | 2021-12-31 | $965,539 |
Noncash contributions received | 2021-12-31 | $0 |
Net income (gross income less expenses) | 2021-12-31 | $715,882 |
Net plan assets at end of year (total assets less liabilities) | 2021-12-31 | $7,118,355 |
Net plan assets at beginning of year (total assets less liabilities) | 2021-12-31 | $6,402,473 |
Total contributions received or receivable from employer(s) | 2021-12-31 | $0 |
Value of certain deemed distributions of participant loans | 2021-12-31 | $0 |
Value of corrective distributions | 2021-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2021-12-31 | $0 |
2012 : NEW CENTURY PARTNERS DEFINED BENEFIT PLAN 2012 401k financial data |
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Transfers to/from the plan | 2012-12-31 | $0 |
Total plan liabilities at end of year | 2012-12-31 | $0 |
Total plan liabilities at beginning of year | 2012-12-31 | $0 |
Total income from all sources | 2012-12-31 | $425,998 |
Expenses. Total of all expenses incurred | 2012-12-31 | $0 |
Benefits paid (including direct rollovers) | 2012-12-31 | $0 |
Total plan assets at end of year | 2012-12-31 | $2,274,817 |
Total plan assets at beginning of year | 2012-12-31 | $1,848,819 |
Total contributions received or receivable from participants | 2012-12-31 | $0 |
Expenses. Other expenses not covered elsewhere | 2012-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2012-12-31 | $0 |
Other income received | 2012-12-31 | $285,998 |
Noncash contributions received | 2012-12-31 | $0 |
Net income (gross income less expenses) | 2012-12-31 | $425,998 |
Net plan assets at end of year (total assets less liabilities) | 2012-12-31 | $2,274,817 |
Net plan assets at beginning of year (total assets less liabilities) | 2012-12-31 | $1,848,819 |
Total contributions received or receivable from employer(s) | 2012-12-31 | $140,000 |
Value of certain deemed distributions of participant loans | 2012-12-31 | $0 |
Value of corrective distributions | 2012-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2012-12-31 | $0 |