SYNERGY BUSINESS INNOVATION AND has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SYNERGY BUSINESS INNOVATION 401(K) P/S PLAN
| Measure | Date | Value |
|---|
| 2023 : SYNERGY BUSINESS INNOVATION 401(K) P/S 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 | $12,448,562 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,749,968 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,696,060 |
| Value of total corrective distributions | 2023-12-31 | $1,094 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $9,098,884 |
| Value of total assets at end of year | 2023-12-31 | $27,092,632 |
| Value of total assets at beginning of year | 2023-12-31 | $16,394,038 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $52,814 |
| Total interest from all sources | 2023-12-31 | $12,434 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $535,952 |
| 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 | $535,952 |
| 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 | $4,623,190 |
| Participant contributions at end of year | 2023-12-31 | $358,880 |
| Participant contributions at beginning of year | 2023-12-31 | $153,112 |
| Assets. Other investments not covered elsewhere at end of year | 2023-12-31 | $42,165 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $1,888,718 |
| Other income not declared elsewhere | 2023-12-31 | $42,165 |
| 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 | $10,698,594 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $27,092,632 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $16,394,038 |
| 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 | $46,617 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $25,418,649 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $15,190,752 |
| Interest on participant loans | 2023-12-31 | $12,434 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $1,272,938 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $1,050,174 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $2,740,605 |
| Net investment gain or loss from common/collective trusts | 2023-12-31 | $18,522 |
| 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 | $2,586,976 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,696,060 |
| Contract administrator fees | 2023-12-31 | $6,197 |
| 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 | WALTERS'S AND ASSOCIATES, CPA'S |
| Accountancy firm EIN | 2023-12-31 | 593618759 |
| 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 | $12,448,562 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $1,749,968 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $1,696,060 |
| Value of total corrective distributions | 2023-01-01 | $1,094 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $9,098,884 |
| Value of total assets at end of year | 2023-01-01 | $27,092,632 |
| Value of total assets at beginning of year | 2023-01-01 | $16,394,038 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $52,814 |
| Total interest from all sources | 2023-01-01 | $12,434 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $535,952 |
| 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 | $535,952 |
| 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 | $4,623,190 |
| Participant contributions at end of year | 2023-01-01 | $358,880 |
| Participant contributions at beginning of year | 2023-01-01 | $153,112 |
| Assets. Other investments not covered elsewhere at end of year | 2023-01-01 | $42,165 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-01-01 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $1,888,718 |
| Other income not declared elsewhere | 2023-01-01 | $42,165 |
| 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 | $10,698,594 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $27,092,632 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $16,394,038 |
| 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 | $46,617 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $25,418,649 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $15,190,752 |
| Interest on participant loans | 2023-01-01 | $12,434 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $1,272,938 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $1,050,174 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $2,740,605 |
| Net investment gain or loss from common/collective trusts | 2023-01-01 | $18,522 |
| 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 | $2,586,976 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $1,696,060 |
| Contract administrator fees | 2023-01-01 | $6,197 |
| 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 | WALTERS'S AND ASSOCIATES, CPA'S |
| Accountancy firm EIN | 2023-01-01 | 593618759 |
| 2022 : SYNERGY BUSINESS INNOVATION 401(K) P/S PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| 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 | $4,167,849 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $1,143,290 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,109,100 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $6,589,132 |
| Value of total assets at end of year | 2022-12-31 | $16,394,038 |
| Value of total assets at beginning of year | 2022-12-31 | $13,369,479 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $34,190 |
| Total interest from all sources | 2022-12-31 | $5,803 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $266,488 |
| 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 | $266,488 |
| 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 | $3,030,566 |
| Participant contributions at end of year | 2022-12-31 | $153,112 |
| Participant contributions at beginning of year | 2022-12-31 | $123,760 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $1,805,264 |
| Other income not declared elsewhere | 2022-12-31 | $-1,536 |
| 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 | $3,024,559 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $16,394,038 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $13,369,479 |
| 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 | $30,298 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $15,190,752 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $12,999,030 |
| Interest on participant loans | 2022-12-31 | $5,803 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $1,050,174 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $246,689 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,699,178 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $7,140 |
| 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 | $1,753,302 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,109,100 |
| Contract administrator fees | 2022-12-31 | $3,892 |
| 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 | WALTERS'S AND ASSOCIATES, CPA'S |
| Accountancy firm EIN | 2022-12-31 | 593618759 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| 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 | $4,167,849 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $1,143,290 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $1,109,100 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $6,589,132 |
| Value of total assets at end of year | 2022-01-01 | $16,394,038 |
| Value of total assets at beginning of year | 2022-01-01 | $13,369,479 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $34,190 |
| Total interest from all sources | 2022-01-01 | $5,803 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $266,488 |
| 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 | $266,488 |
| 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 | $3,030,566 |
| Participant contributions at end of year | 2022-01-01 | $153,112 |
| Participant contributions at beginning of year | 2022-01-01 | $123,760 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $1,805,264 |
| Other income not declared elsewhere | 2022-01-01 | $-1,536 |
| 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 | $3,024,559 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $16,394,038 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $13,369,479 |
| 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 |
| Investment advisory and management fees | 2022-01-01 | $30,298 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $15,190,752 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $12,999,030 |
| Interest on participant loans | 2022-01-01 | $5,803 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $1,050,174 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $246,689 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-2,699,178 |
| Net investment gain or loss from common/collective trusts | 2022-01-01 | $7,140 |
| 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 | $1,753,302 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $1,109,100 |
| Contract administrator fees | 2022-01-01 | $3,892 |
| 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 | WALTERS'S AND ASSOCIATES, CPA'S |
| Accountancy firm EIN | 2022-01-01 | 593618759 |
| 2021 : SYNERGY BUSINESS INNOVATION 401(K) P/S PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| 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 | $5,639,667 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $1,343,337 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,328,790 |
| Value of total corrective distributions | 2021-12-31 | $7,138 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $3,954,520 |
| Value of total assets at end of year | 2021-12-31 | $13,369,479 |
| Value of total assets at beginning of year | 2021-12-31 | $9,073,149 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $7,409 |
| Total interest from all sources | 2021-12-31 | $3,827 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $308,160 |
| 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 | $308,160 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| 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 | $2,172,300 |
| Participant contributions at end of year | 2021-12-31 | $123,760 |
| Participant contributions at beginning of year | 2021-12-31 | $55,715 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $492,392 |
| Other income not declared elsewhere | 2021-12-31 | $3,932 |
| 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 | $4,296,330 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $13,369,479 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $9,073,149 |
| 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 | $4,361 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $12,999,030 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $9,017,434 |
| Interest on participant loans | 2021-12-31 | $3,827 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $246,689 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,368,269 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $959 |
| 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 | $1,289,828 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,328,790 |
| Contract administrator fees | 2021-12-31 | $3,048 |
| 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 | WALTERS'S AND ASSOCIATES, CPA'S |
| Accountancy firm EIN | 2021-12-31 | 593618759 |
| 2020 : SYNERGY BUSINESS INNOVATION 401(K) P/S PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total transfer of assets to this plan | 2020-12-31 | $0 |
| Total transfer of assets from this plan | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $4,121,003 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $845,323 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $837,991 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $361 |
| Value of total corrective distributions | 2020-12-31 | $4,160 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $2,889,957 |
| Value of total assets at end of year | 2020-12-31 | $9,073,149 |
| Value of total assets at beginning of year | 2020-12-31 | $5,797,469 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $2,811 |
| Total interest from all sources | 2020-12-31 | $1,677 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $174,687 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $174,687 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $1,693,195 |
| Participant contributions at end of year | 2020-12-31 | $55,715 |
| Participant contributions at beginning of year | 2020-12-31 | $2,220 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $202,191 |
| Other income not declared elsewhere | 2020-12-31 | $453 |
| Administrative expenses (other) incurred | 2020-12-31 | $2,811 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $3,275,680 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $9,073,149 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $5,797,469 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $9,017,434 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $5,795,249 |
| Interest on participant loans | 2020-12-31 | $1,677 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,054,229 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $994,571 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $837,991 |
| Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | WALTERS'S AND ASSOCIATES, CPA'S |
| Accountancy firm EIN | 2020-12-31 | 593618759 |
| 2019 : SYNERGY BUSINESS INNOVATION 401(K) P/S PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total transfer of assets to this plan | 2019-12-31 | $0 |
| Total transfer of assets to this plan | 2019-12-31 | $0 |
| Total transfer of assets from this plan | 2019-12-31 | $0 |
| Total transfer of assets from this plan | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $3,148,441 |
| Total income from all sources (including contributions) | 2019-12-31 | $3,148,441 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $1,397,035 |
| Total of all expenses incurred | 2019-12-31 | $1,397,035 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,389,853 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,389,853 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $5,542 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $5,542 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $2,059,174 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $2,059,174 |
| Value of total assets at end of year | 2019-12-31 | $5,797,469 |
| Value of total assets at end of year | 2019-12-31 | $5,797,469 |
| Value of total assets at beginning of year | 2019-12-31 | $4,046,063 |
| Value of total assets at beginning of year | 2019-12-31 | $4,046,063 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $1,640 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $1,640 |
| Total interest from all sources | 2019-12-31 | $1,798 |
| Total interest from all sources | 2019-12-31 | $1,798 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $125,716 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $125,716 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $125,716 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $125,716 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $405,000 |
| Value of fidelity bond cover | 2019-12-31 | $405,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $1,027,157 |
| Contributions received from participants | 2019-12-31 | $1,027,157 |
| Participant contributions at end of year | 2019-12-31 | $2,220 |
| Participant contributions at end of year | 2019-12-31 | $2,220 |
| Participant contributions at beginning of year | 2019-12-31 | $44,192 |
| Participant contributions at beginning of year | 2019-12-31 | $44,192 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $500,193 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $500,193 |
| Administrative expenses (other) incurred | 2019-12-31 | $1,640 |
| Administrative expenses (other) incurred | 2019-12-31 | $1,640 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | 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 | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $1,751,406 |
| Value of net income/loss | 2019-12-31 | $1,751,406 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $5,797,469 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $5,797,469 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $4,046,063 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $4,046,063 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $5,795,249 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $5,795,249 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $4,001,871 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $4,001,871 |
| Interest on participant loans | 2019-12-31 | $1,798 |
| Interest on participant loans | 2019-12-31 | $1,798 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $961,753 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $961,753 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $531,824 |
| Contributions received in cash from employer | 2019-12-31 | $531,824 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,389,853 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,389,853 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
| 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 | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | E.COHEN & COMPANY, CPAS |
| Accountancy firm name | 2019-12-31 | E.COHEN & COMPANY, CPAS |
| Accountancy firm EIN | 2019-12-31 | 521754364 |
| Accountancy firm EIN | 2019-12-31 | 521754364 |
