NEW CITY MORTGAGE LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan NEW CITY MORTGAGE LLC 401(K) PROFIT SHARING PLAN & TRUST
401k plan membership statisitcs for NEW CITY MORTGAGE LLC 401(K) PROFIT SHARING PLAN & TRUST
| Measure | Date | Value |
|---|
| 2024: NEW CITY MORTGAGE LLC 401(K) PROFIT SHARING PLAN & TRUST 2024 401k membership |
|---|
| Total number of particpants at beginning of year | 2024-05-05 | 58 |
| Total number of particpants at end of year | 2024-05-05 | 23 |
| Number of Participants With Account Balances | 2024-05-05 | 10 |
| 2022: NEW CITY MORTGAGE LLC 401(K) PROFIT SHARING PLAN & TRUST 2022 401k membership |
|---|
| Total participants, beginning-of-year | 2022-01-01 | 0 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 57 |
| 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 | 1 |
| Total of all active and inactive participants | 2022-01-01 | 58 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
| Total participants | 2022-01-01 | 58 |
| Number of participants with account balances | 2022-01-01 | 19 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
| Measure | Date | Value |
|---|
| 2024 : NEW CITY MORTGAGE LLC 401(K) PROFIT SHARING PLAN & TRUST 2024 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2024-05-05 | 0 |
| Total liabilities as of the end of the plan year | 2024-05-05 | 0 |
| Total liabilities as of the beginning of the plan year | 2024-05-05 | 0 |
| Total expenses incurred by plan in this plan year | 2024-05-05 | 12511 |
| Net assets as of the end of the plan year | 2024-05-05 | 42096 |
| Total assets as of the beginning of the plan year | 2024-05-05 | 21211 |
| Participant contributions to plan in this plan year | 2024-05-05 | 27390 |
| Other expenses paid from plan in this plan year | 2024-05-05 | 0 |
| Other contributions to plan in this plan year | 2024-05-05 | 0 |
| Other income to plan in this plan year | 2024-05-05 | 6006 |
| Plan net income in this plan year | 2024-05-05 | 20885 |
| Net assets as of the end of the plan year | 2024-05-05 | 42096 |
| Net assets as of the beginning of the plan year | 2024-05-05 | 21211 |
| Employer contributions to plan in this plan year | 2024-05-05 | 0 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-05-05 | 1760 |
| 2022 : NEW CITY MORTGAGE LLC 401(K) PROFIT SHARING PLAN & TRUST 2022 401k financial data |
|---|
| Transfers to/from the plan | 2022-12-31 | $0 |
| 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 | $22,887 |
| Expenses. Total of all expenses incurred | 2022-12-31 | $1,676 |
| Benefits paid (including direct rollovers) | 2022-12-31 | $1,449 |
| Total plan assets at end of year | 2022-12-31 | $21,211 |
| Total plan assets at beginning of year | 2022-12-31 | $0 |
| Value of fidelity bond covering the plan | 2022-12-31 | $0 |
| Total contributions received or receivable from participants | 2022-12-31 | $23,676 |
| 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 | $-789 |
| Net income (gross income less expenses) | 2022-12-31 | $21,211 |
| Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $21,211 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $0 |
| 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 | $227 |
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