NEVADA GOLD MINES LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan NEVADA GOLD MINES LLC - BARGAINING UNIT PENSION PLAN
401k plan membership statisitcs for NEVADA GOLD MINES LLC - BARGAINING UNIT PENSION PLAN
| Measure | Date | Value |
|---|
| 2022: NEVADA GOLD MINES LLC - BARGAINING UNIT PENSION PLAN 2022 401k membership |
|---|
| Market value of plan assets | 2022-12-31 | 7,282,091 |
| Acturial value of plan assets | 2022-12-31 | 7,274,895 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 10,869 |
| Number of terminated vested participants | 2022-12-31 | 137 |
| Fundng target for terminated vested participants | 2022-12-31 | 592,133 |
| Active participant vested funding target | 2022-12-31 | 3,872,675 |
| Number of active participants | 2022-12-31 | 1,328 |
| Total funding liabilities for active participants | 2022-12-31 | 4,279,790 |
| Total participant count | 2022-12-31 | 1,466 |
| Total funding target for all participants | 2022-12-31 | 4,882,792 |
| Funding target disregarding prescribed at-risk assumptions | 2022-12-31 | 4,760,543 |
| Funding target reflecting at-risk assumptions but disregarding transition rule for plant that have been at-risk status for fewer than five consecutive years and disregarding loading factor | 2022-12-31 | 5,371,787 |
| 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 | 4,344,558 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 4,591,763 |
| 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 | 3,773,000 |
| 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 | 3,538,497 |
| Liquidity shortfalls end of Q1 | 2022-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2022-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2022-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 2022-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 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 | 2,667,267 |
| Net shortfall amortization installment of oustanding balance | 2022-12-31 | 0 |
| Waiver amortization installment | 2022-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 275,164 |
| Additional cash requirement | 2022-12-31 | 275,164 |
| Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 3,538,497 |
| 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 | 1,466 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 1,511 |
| 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 | 196 |
| Total of all active and inactive participants | 2022-01-01 | 1,707 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 9 |
| Total participants | 2022-01-01 | 1,716 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 55 |
| 2021: NEVADA GOLD MINES LLC - BARGAINING UNIT PENSION PLAN 2021 401k membership |
|---|
| Market value of plan assets | 2021-12-31 | 0 |
| Acturial value of plan assets | 2021-12-31 | 0 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 0 |
| Number of terminated vested participants | 2021-12-31 | 63 |
| Fundng target for terminated vested participants | 2021-12-31 | 165,775 |
| Active participant vested funding target | 2021-12-31 | 1,002,664 |
| Number of active participants | 2021-12-31 | 1,336 |
| Total funding liabilities for active participants | 2021-12-31 | 1,584,611 |
| Total participant count | 2021-12-31 | 1,399 |
| Total funding target for all participants | 2021-12-31 | 1,750,386 |
| 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 | 0 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2021-12-31 | 0 |
| 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 | 0 |
| 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 caryover balances due to elections or deemed elections | 2021-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 0 |
| 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 | 7,240,000 |
| 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 | 6,998,058 |
| 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 | 2,490,291 |
| Net shortfall amortization installment of oustanding balance | 2021-12-31 | 1,750,386 |
| Waiver amortization installment | 2021-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 2,653,500 |
| Additional cash requirement | 2021-12-31 | 2,653,500 |
| Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 6,998,058 |
| 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 | 1,399 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 1,328 |
| Number of retired or separated participants receiving benefits | 2021-01-01 | 1 |
| Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 128 |
| Total of all active and inactive participants | 2021-01-01 | 1,457 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 9 |
| Total participants | 2021-01-01 | 1,466 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 83 |
| Measure | Date | Value |
|---|
| 2022 : NEVADA GOLD MINES LLC - BARGAINING UNIT PENSION PLAN 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-2,033,674 |
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-2,033,674 |
| 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 | $1,817,570 |
| Total loss/gain on sale of assets | 2022-12-31 | $-72,829 |
| Total of all expenses incurred | 2022-12-31 | $202,581 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $202,581 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $3,773,000 |
| Value of total assets at end of year | 2022-12-31 | $8,897,080 |
| Value of total assets at beginning of year | 2022-12-31 | $7,282,091 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $0 |
| Total interest from all sources | 2022-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $151,073 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| 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 | $1,614,989 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $8,897,080 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $7,282,091 |
| 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 bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $33 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $33 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $33 |
| 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 | $3,773,000 |
| Employer contributions (assets) at end of year | 2022-12-31 | $3,773,000 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
| Income. Dividends from common stock | 2022-12-31 | $151,073 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $202,581 |
| Asset. Corporate debt instrument preferred debt at end of year | 2022-12-31 | $2,200,307 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2022-12-31 | $3,595,069 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-12-31 | $2,923,740 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-12-31 | $3,686,989 |
| 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 |
| Aggregate proceeds on sale of assets | 2022-12-31 | $205,469 |
| Aggregate carrying amount (costs) on sale of assets | 2022-12-31 | $278,298 |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | SQUIRE & COMPANY |
| Accountancy firm EIN | 2022-12-31 | 870343246 |
| 2021 : NEVADA GOLD MINES LLC - BARGAINING UNIT PENSION PLAN 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $54,861 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $54,861 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $7,302,391 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $20,300 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $20,300 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $7,240,000 |
| Value of total assets at end of year | 2021-12-31 | $7,282,091 |
| Value of total assets at beginning of year | 2021-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $0 |
| Total interest from all sources | 2021-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $7,530 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| 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 |
| 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 | $7,282,091 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $7,282,091 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $0 |
| 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 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $33 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
| 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 | $7,240,000 |
| Income. Dividends from common stock | 2021-12-31 | $7,530 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $20,300 |
| Asset. Corporate debt instrument preferred debt at end of year | 2021-12-31 | $3,595,069 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2021-12-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2021-12-31 | $3,686,989 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-12-31 | $0 |
| 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 | SQUIRE & COMPANY |
| Accountancy firm EIN | 2021-12-31 | 870343246 |
