CIRTEC MEDICAL CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan CIRTEC MEDICAL CORPORATION 401(K) PLAN
Measure | Date | Value |
---|
2022 : CIRTEC MEDICAL CORPORATION 401(K) 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 | $1,023,074 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $3,164,207 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $2,960,192 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $5,277 |
Value of total corrective distributions | 2022-12-31 | $59,841 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $6,281,548 |
Value of total assets at end of year | 2022-12-31 | $29,088,953 |
Value of total assets at beginning of year | 2022-12-31 | $31,230,086 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $138,897 |
Total interest from all sources | 2022-12-31 | $26,430 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Administrative expenses professional fees incurred | 2022-12-31 | $69,009 |
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 | $3,894,805 |
Participant contributions at end of year | 2022-12-31 | $805,400 |
Participant contributions at beginning of year | 2022-12-31 | $670,936 |
Participant contributions at end of year | 2022-12-31 | $150,123 |
Participant contributions at beginning of year | 2022-12-31 | $126,866 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $1,114,711 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $0 |
Other income not declared elsewhere | 2022-12-31 | $13,661 |
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 | $-2,141,133 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $29,088,953 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $31,230,086 |
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 | $32,872 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $26,650,151 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $29,101,790 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $0 |
Interest on participant loans | 2022-12-31 | $26,430 |
Value of interest in master investment trust accounts at end of year | 2022-12-31 | $0 |
Value of interest in master investment trust accounts at beginning of year | 2022-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $0 |
Assets. Value of investments in 103.12 investment entities at end of year | 2022-12-31 | $0 |
Assets. Value of investments in 103.12 investment entities at beginning of year | 2022-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $1,432,600 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $1,290,228 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-5,298,565 |
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 | $1,272,032 |
Employer contributions (assets) at end of year | 2022-12-31 | $50,679 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $40,266 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $2,960,192 |
Contract administrator fees | 2022-12-31 | $37,016 |
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 | CROWE LLP |
Accountancy firm EIN | 2022-12-31 | 350921680 |
2021 : CIRTEC MEDICAL CORPORATION 401(K) 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 | $9,629,539 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $4,671,319 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $4,444,534 |
Value of total corrective distributions | 2021-12-31 | $21,604 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $6,165,604 |
Value of total assets at end of year | 2021-12-31 | $31,230,086 |
Value of total assets at beginning of year | 2021-12-31 | $26,271,866 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $205,181 |
Total interest from all sources | 2021-12-31 | $21,902 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Administrative expenses professional fees incurred | 2021-12-31 | $26,025 |
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 | $3,415,141 |
Participant contributions at end of year | 2021-12-31 | $670,936 |
Participant contributions at beginning of year | 2021-12-31 | $704,036 |
Participant contributions at end of year | 2021-12-31 | $126,866 |
Participant contributions at beginning of year | 2021-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $1,667,628 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $784,499 |
Other income not declared elsewhere | 2021-12-31 | $24,751 |
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 | $4,958,220 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $31,230,086 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $26,271,866 |
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 | $67,853 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $29,101,790 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $23,755,028 |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $0 |
Interest on participant loans | 2021-12-31 | $21,902 |
Value of interest in master investment trust accounts at end of year | 2021-12-31 | $0 |
Value of interest in master investment trust accounts at beginning of year | 2021-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $0 |
Assets. Value of investments in 103.12 investment entities at end of year | 2021-12-31 | $0 |
Assets. Value of investments in 103.12 investment entities at beginning of year | 2021-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $1,290,228 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $1,028,303 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $3,417,282 |
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 | Yes |
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 | $1,082,835 |
Employer contributions (assets) at end of year | 2021-12-31 | $40,266 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $4,444,534 |
Contract administrator fees | 2021-12-31 | $111,303 |
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 | CROWE LLP |
Accountancy firm EIN | 2021-12-31 | 350921680 |
2020 : CIRTEC MEDICAL CORPORATION 401(K) PLAN 2020 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 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 | $8,583,174 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $2,756,682 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $2,605,147 |
Value of total corrective distributions | 2020-12-31 | $35,094 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $5,207,938 |
Value of total assets at end of year | 2020-12-31 | $26,271,866 |
Value of total assets at beginning of year | 2020-12-31 | $20,445,374 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $116,441 |
Total interest from all sources | 2020-12-31 | $27,330 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Administrative expenses professional fees incurred | 2020-12-31 | $11,528 |
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 | Yes |
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 | $3,292,894 |
Participant contributions at end of year | 2020-12-31 | $704,036 |
Participant contributions at beginning of year | 2020-12-31 | $452,156 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $788,146 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $784,499 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $2,885,069 |
Other income not declared elsewhere | 2020-12-31 | $-15,752 |
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 | $5,826,492 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $26,271,866 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $20,445,374 |
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 |
Investment advisory and management fees | 2020-12-31 | $43,179 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $23,755,028 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $16,572,103 |
Value of interest in pooled separate accounts at end of year | 2020-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $0 |
Interest on participant loans | 2020-12-31 | $27,330 |
Value of interest in master investment trust accounts at end of year | 2020-12-31 | $0 |
Value of interest in master investment trust accounts at beginning of year | 2020-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $0 |
Assets. Value of investments in 103.12 investment entities at end of year | 2020-12-31 | $0 |
Assets. Value of investments in 103.12 investment entities at beginning of year | 2020-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $1,028,303 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $536,046 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $3,363,658 |
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 | Yes |
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 | $1,126,898 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $2,605,147 |
Contract administrator fees | 2020-12-31 | $61,734 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | Yes |
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 | CROWE LLP |
Accountancy firm EIN | 2020-12-31 | 350921680 |