CHARLES PRODUCTS, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan CHARLES PRODUCTS INC. 401(K) PROFIT SHARING PLAN & TRUST
401k plan membership statisitcs for CHARLES PRODUCTS INC. 401(K) PROFIT SHARING PLAN & TRUST
| Measure | Date | Value |
|---|
| 2023 : CHARLES PRODUCTS INC. 401(K) PROFIT SHARING PLAN & TRUST 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 | $1,626,572 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,062,561 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,024,792 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,024,458 |
| Value of total assets at end of year | 2023-12-31 | $5,688,887 |
| Value of total assets at beginning of year | 2023-12-31 | $5,124,876 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $37,769 |
| Total interest from all sources | 2023-12-31 | $21,609 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $86,170 |
| 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 | $86,170 |
| 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 | $503,640 |
| Participant contributions at end of year | 2023-12-31 | $58,130 |
| Participant contributions at beginning of year | 2023-12-31 | $63,019 |
| Participant contributions at end of year | 2023-12-31 | $261 |
| Participant contributions at beginning of year | 2023-12-31 | $11,571 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $305,420 |
| Other income not declared elsewhere | 2023-12-31 | $54 |
| Total non interest bearing cash at end of year | 2023-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $0 |
| 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 | $564,011 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $5,688,887 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $5,124,876 |
| 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 | $3,461,421 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $2,883,823 |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $1,160,906 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $1,101,427 |
| Interest on participant loans | 2023-12-31 | $2,405 |
| Interest earned on other investments | 2023-12-31 | $19,204 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $1,008,057 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $1,052,836 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $260,605 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $233,676 |
| 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 | $215,398 |
| Employer contributions (assets) at end of year | 2023-12-31 | $112 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $12,200 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,024,792 |
| Contract administrator fees | 2023-12-31 | $37,769 |
| 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 | COOPER SAVAS, LLC |
| Accountancy firm EIN | 2023-12-31 | 275169784 |
| 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 | $1,626,572 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $1,062,561 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $1,024,792 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,024,458 |
| Value of total assets at end of year | 2023-01-01 | $5,688,887 |
| Value of total assets at beginning of year | 2023-01-01 | $5,124,876 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $37,769 |
| Total interest from all sources | 2023-01-01 | $21,609 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $86,170 |
| 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 | $86,170 |
| 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 | $503,640 |
| Participant contributions at end of year | 2023-01-01 | $58,130 |
| Participant contributions at beginning of year | 2023-01-01 | $63,019 |
| Participant contributions at end of year | 2023-01-01 | $261 |
| Participant contributions at beginning of year | 2023-01-01 | $11,571 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $305,420 |
| Other income not declared elsewhere | 2023-01-01 | $54 |
| Total non interest bearing cash at end of year | 2023-01-01 | $0 |
| Total non interest bearing cash at beginning of year | 2023-01-01 | $0 |
| 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 | $564,011 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $5,688,887 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $5,124,876 |
| 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 | $3,461,421 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $2,883,823 |
| Value of interest in pooled separate accounts at end of year | 2023-01-01 | $1,160,906 |
| Value of interest in pooled separate accounts at beginning of year | 2023-01-01 | $1,101,427 |
| Interest on participant loans | 2023-01-01 | $2,405 |
| Interest earned on other investments | 2023-01-01 | $19,204 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $1,008,057 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $1,052,836 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $260,605 |
| Net investment gain/loss from pooled separate accounts | 2023-01-01 | $233,676 |
| 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 | $215,398 |
| Employer contributions (assets) at end of year | 2023-01-01 | $112 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $12,200 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $1,024,792 |
| Contract administrator fees | 2023-01-01 | $37,769 |
| 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 | COOPER SAVAS, LLC |
| Accountancy firm EIN | 2023-01-01 | 275169784 |
| 2022 : CHARLES PRODUCTS INC. 401(K) PROFIT SHARING PLAN & TRUST 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total transfer of assets to this plan | 2022-12-31 | $914,246 |
| 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 | $-215,277 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $780,584 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $752,720 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $454,978 |
| Value of total assets at end of year | 2022-12-31 | $5,124,876 |
| Value of total assets at beginning of year | 2022-12-31 | $5,206,491 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $27,864 |
| Total interest from all sources | 2022-12-31 | $22,490 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $66,054 |
| 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 | $66,054 |
| Administrative expenses professional fees incurred | 2022-12-31 | $350 |
| 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 | $320,521 |
| Participant contributions at end of year | 2022-12-31 | $63,019 |
| Participant contributions at beginning of year | 2022-12-31 | $81,309 |
| Participant contributions at end of year | 2022-12-31 | $11,571 |
| Participant contributions at beginning of year | 2022-12-31 | $0 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-12-31 | $3,145 |
| Other income not declared elsewhere | 2022-12-31 | $15,541 |
| Total non interest bearing cash at end of year | 2022-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $100 |
| 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 | $-995,861 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $5,124,876 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $5,206,491 |
| 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 | $2,883,823 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $2,854,431 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $1,101,427 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $1,310,355 |
| Interest on participant loans | 2022-12-31 | $7,953 |
| Interest earned on other investments | 2022-12-31 | $14,537 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $1,052,836 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $960,296 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-524,961 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-249,379 |
| 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 | Yes |
| 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 | $134,457 |
| Employer contributions (assets) at end of year | 2022-12-31 | $12,200 |
| 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 | $749,575 |
| Contract administrator fees | 2022-12-31 | $27,514 |
| 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 | COOPER SAVAS, LLC |
| Accountancy firm EIN | 2022-12-31 | 275169784 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total transfer of assets to this plan | 2022-01-01 | $914,246 |
| 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 | $-215,277 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $780,584 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $752,720 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $454,978 |
| Value of total assets at end of year | 2022-01-01 | $5,124,876 |
| Value of total assets at beginning of year | 2022-01-01 | $5,206,491 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $27,864 |
| Total interest from all sources | 2022-01-01 | $22,490 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $66,054 |
| 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 | $66,054 |
| Administrative expenses professional fees incurred | 2022-01-01 | $350 |
| 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 | $320,521 |
| Participant contributions at end of year | 2022-01-01 | $63,019 |
| Participant contributions at beginning of year | 2022-01-01 | $81,309 |
| Participant contributions at end of year | 2022-01-01 | $11,571 |
| Participant contributions at beginning of year | 2022-01-01 | $0 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-01-01 | $3,145 |
| Other income not declared elsewhere | 2022-01-01 | $15,541 |
| Total non interest bearing cash at end of year | 2022-01-01 | $0 |
| Total non interest bearing cash at beginning of year | 2022-01-01 | $100 |
| 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 | $-995,861 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $5,124,876 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $5,206,491 |
| 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 | $2,883,823 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $2,854,431 |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $1,101,427 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $1,310,355 |
| Interest on participant loans | 2022-01-01 | $7,953 |
| Interest earned on other investments | 2022-01-01 | $14,537 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $1,052,836 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $960,296 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-524,961 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-249,379 |
| 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 | Yes |
| 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 | $134,457 |
| Employer contributions (assets) at end of year | 2022-01-01 | $12,200 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $749,575 |
| Contract administrator fees | 2022-01-01 | $27,514 |
| 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 | COOPER SAVAS, LLC |
| Accountancy firm EIN | 2022-01-01 | 275169784 |
