THE GLOBAL ORPHAN PROJECT INC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE GLOBAL ORPHAN PROJECT 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : THE GLOBAL ORPHAN PROJECT 401(K) PLAN 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 | $749,871 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $243,657 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $221,132 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $494,751 |
| Value of total assets at end of year | 2023-12-31 | $1,697,069 |
| Value of total assets at beginning of year | 2023-12-31 | $1,190,855 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $22,525 |
| Total interest from all sources | 2023-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $46,768 |
| 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 | $46,768 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $120,000 |
| 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 | $259,202 |
| Participant contributions at end of year | 2023-12-31 | $0 |
| Participant contributions at beginning of year | 2023-12-31 | $230 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $10,616 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-12-31 | $0 |
| Other income not declared elsewhere | 2023-12-31 | $2,758 |
| 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 | $506,214 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $1,697,069 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $1,190,855 |
| 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 |
| Investment advisory and management fees | 2023-12-31 | $9,318 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $1,626,340 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $1,136,441 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $3,978 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $205,594 |
| 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 | Yes |
| 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 | $224,933 |
| Employer contributions (assets) at end of year | 2023-12-31 | $66,751 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $54,184 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $221,132 |
| 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 | PICKETT, CHANEY & MCMULLEN LLP |
| Accountancy firm EIN | 2023-12-31 | 481246310 |
| 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 | $749,871 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $243,657 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $221,132 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $494,751 |
| Value of total assets at end of year | 2023-01-01 | $1,697,069 |
| Value of total assets at beginning of year | 2023-01-01 | $1,190,855 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $22,525 |
| Total interest from all sources | 2023-01-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $46,768 |
| 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 | $46,768 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $120,000 |
| 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 | $259,202 |
| Participant contributions at end of year | 2023-01-01 | $0 |
| Participant contributions at beginning of year | 2023-01-01 | $230 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $10,616 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-01-01 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-01-01 | $0 |
| Other income not declared elsewhere | 2023-01-01 | $2,758 |
| 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 | $506,214 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $1,697,069 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $1,190,855 |
| 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 |
| Investment advisory and management fees | 2023-01-01 | $9,318 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $1,626,340 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $1,136,441 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $3,978 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $205,594 |
| 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 | Yes |
| 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 | $224,933 |
| Employer contributions (assets) at end of year | 2023-01-01 | $66,751 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $54,184 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $221,132 |
| 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 | PICKETT, CHANEY & MCMULLEN LLP |
| Accountancy firm EIN | 2023-01-01 | 481246310 |
| 2022 : THE GLOBAL ORPHAN PROJECT 401(K) PLAN 2022 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2022-09-29 | 17527 |
| Net assets as of the end of the plan year | 2022-09-29 | 910804 |
| Total assets as of the beginning of the plan year | 2022-09-29 | 405410 |
| Value of plan covered by a fidelity bond | 2022-09-29 | 91080 |
| Participant contributions to plan in this plan year | 2022-09-29 | 185590 |
| Other contributions to plan in this plan year | 2022-09-29 | 118715 |
| Other income to plan in this plan year | 2022-09-29 | 81271 |
| Plan net income in this plan year | 2022-09-29 | 505394 |
| Net assets as of the end of the plan year | 2022-09-29 | 910804 |
| Net assets as of the beginning of the plan year | 2022-09-29 | 405410 |
| Employer contributions to plan in this plan year | 2022-09-29 | 137345 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-09-29 | 6081 |
