HBG, INC. has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2022 : HB GLOBAL 401(K) PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total transfer of assets to this plan | 2022-12-31 | $22,270,263 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $6,140 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $1,062 |
| Total income from all sources (including contributions) | 2022-12-31 | $-3,469,229 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $8,276,197 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $7,981,841 |
| Value of total corrective distributions | 2022-12-31 | $143 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $9,732,072 |
| Value of total assets at end of year | 2022-12-31 | $83,194,592 |
| Value of total assets at beginning of year | 2022-12-31 | $72,664,677 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $294,213 |
| Total interest from all sources | 2022-12-31 | $83,620 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $1,669,256 |
| 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 | $1,669,256 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
| 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 | $6,122,172 |
| Participant contributions at end of year | 2022-12-31 | $1,774,098 |
| Participant contributions at beginning of year | 2022-12-31 | $1,221,163 |
| Participant contributions at end of year | 2022-12-31 | $101,063 |
| Participant contributions at beginning of year | 2022-12-31 | $10,947 |
| Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $5,809,412 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $5,369,641 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $1,758,328 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $1,905 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $1,775 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $2,439 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $1,062 |
| Other income not declared elsewhere | 2022-12-31 | $-864,369 |
| Total non interest bearing cash at end of year | 2022-12-31 | $25,739 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $85,937 |
| 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 | $-11,745,426 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $83,188,452 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $72,663,615 |
| 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 |
| Investment advisory and management fees | 2022-12-31 | $114,067 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $73,799,497 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $65,807,981 |
| Interest on participant loans | 2022-12-31 | $75,853 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $1,610,096 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $167,233 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $167,233 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $7,767 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-14,089,808 |
| 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 | $1,851,572 |
| Employer contributions (assets) at end of year | 2022-12-31 | $72,782 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $7,981,841 |
| Contract administrator fees | 2022-12-31 | $180,146 |
| Liabilities. Value of benefit claims payable at end of year | 2022-12-31 | $3,701 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $0 |
| 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 | BROWN SCHULTZ SHERIDAN & FRITZ |
| Accountancy firm EIN | 2022-12-31 | 251644159 |
| 2021 : HB GLOBAL 401(K) PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total transfer of assets to this plan | 2021-12-31 | $11,258,328 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $1,062 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $570 |
| Total income from all sources (including contributions) | 2021-12-31 | $14,254,242 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $6,956,988 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $6,684,813 |
| Value of total corrective distributions | 2021-12-31 | $26,271 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $5,583,182 |
| Value of total assets at end of year | 2021-12-31 | $72,664,677 |
| Value of total assets at beginning of year | 2021-12-31 | $54,108,603 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $245,904 |
| Total interest from all sources | 2021-12-31 | $60,662 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $1,511,279 |
| 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 | $1,511,279 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
| 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 | $5,246,843 |
| Participant contributions at end of year | 2021-12-31 | $1,221,163 |
| Participant contributions at beginning of year | 2021-12-31 | $726,103 |
| Participant contributions at end of year | 2021-12-31 | $10,947 |
| Participant contributions at beginning of year | 2021-12-31 | $57,915 |
| Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $5,369,641 |
| Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $5,216,281 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $234,468 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $1,775 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $15,385 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $1,062 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $570 |
| Other income not declared elsewhere | 2021-12-31 | $966,311 |
| Total non interest bearing cash at end of year | 2021-12-31 | $85,937 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $62,931 |
| 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 | $7,297,254 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $72,663,615 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $54,108,033 |
| 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 |
| Investment advisory and management fees | 2021-12-31 | $97,466 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $65,807,981 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $47,917,009 |
| Interest on participant loans | 2021-12-31 | $60,627 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $167,233 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $112,037 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $112,037 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $35 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $6,132,808 |
| 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 | $101,871 |
| Employer contributions (assets) at end of year | 2021-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $942 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $6,684,813 |
| Contract administrator fees | 2021-12-31 | $148,438 |
| 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 | BROWN SCHULTZ SHERIDAN & FRITZ |
| Accountancy firm EIN | 2021-12-31 | 251644159 |
