MORRIS & GARRITANO INSURANCE AGENCY, INC. has sponsored the creation of one or more 401k plans.
Additional information about MORRIS & GARRITANO INSURANCE AGENCY, INC.
Submission information for form 5500 for 401k plan MORRIS & GARRITANO INSURANCE AGENCY, INC. 401K PROFIT SHARING PLAN
401k plan membership statisitcs for MORRIS & GARRITANO INSURANCE AGENCY, INC. 401K PROFIT SHARING PLAN
Measure | Date | Value |
---|
2022 : MORRIS & GARRITANO INSURANCE AGENCY, INC. 401K PROFIT SHARING PLAN 2022 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total transfer of assets to this plan | 2022-12-31 | $0 |
Total transfer of assets from this plan | 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 |
Expenses. Interest paid | 2022-12-31 | $0 |
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-1,336,038 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $1,158,381 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,088,124 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $40,903 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,370,604 |
Value of total assets at end of year | 2022-12-31 | $11,910,784 |
Value of total assets at beginning of year | 2022-12-31 | $14,405,203 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $29,354 |
Total interest from all sources | 2022-12-31 | $18,645 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $202,902 |
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 | $202,902 |
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 | $755,591 |
Participant contributions at end of year | 2022-12-31 | $427,241 |
Participant contributions at beginning of year | 2022-12-31 | $392,527 |
Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $359,934 |
Administrative expenses (other) incurred | 2022-12-31 | $10,750 |
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 | $-2,494,419 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $11,910,784 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $14,405,203 |
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 | $10,461,815 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $13,235,896 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $0 |
Interest on participant loans | 2022-12-31 | $18,645 |
Value of interest in common/collective trusts 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 | $766,815 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $570,420 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-2,928,189 |
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 | $255,079 |
Employer contributions (assets) at end of year | 2022-12-31 | $254,913 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $206,360 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,088,124 |
Contract administrator fees | 2022-12-31 | $18,604 |
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 | CALIBER AUDIT & ATTEST, LLP |
Accountancy firm EIN | 2022-12-31 | 262350873 |
2021 : MORRIS & GARRITANO INSURANCE AGENCY, INC. 401K PROFIT SHARING PLAN 2021 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $2,458 |
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $2,458 |
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 |
Expenses. Interest paid | 2021-12-31 | $0 |
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $2,533,418 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $1,797,782 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,779,209 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $6,717 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $948,621 |
Value of total assets at end of year | 2021-12-31 | $14,405,203 |
Value of total assets at beginning of year | 2021-12-31 | $13,669,567 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $11,856 |
Total income from rents | 2021-12-31 | $0 |
Total interest from all sources | 2021-12-31 | $19,662 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $415,357 |
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 | $415,357 |
Administrative expenses professional fees incurred | 2021-12-31 | $0 |
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 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $626,140 |
Participant contributions at end of year | 2021-12-31 | $392,527 |
Participant contributions at beginning of year | 2021-12-31 | $369,823 |
Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $116,121 |
Other income not declared elsewhere | 2021-12-31 | $0 |
Administrative expenses (other) incurred | 2021-12-31 | $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 | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $735,636 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $14,405,203 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $13,669,567 |
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 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $13,235,896 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $13,182,639 |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $0 |
Interest on participant loans | 2021-12-31 | $19,662 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $570,420 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,147,320 |
Net investment gain/loss from pooled separate accounts | 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 | 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 | $206,360 |
Employer contributions (assets) at end of year | 2021-12-31 | $206,360 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $117,105 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,779,209 |
Contract administrator fees | 2021-12-31 | $11,856 |
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 | 2021-12-31 | Yes |
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 | CALIBER AUDIT & ATTEST, LLP |
Accountancy firm EIN | 2021-12-31 | 262350873 |
2020 : MORRIS & GARRITANO INSURANCE AGENCY, INC. 401K PROFIT SHARING PLAN 2020 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $950,311 |
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $950,311 |
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 | $2,476,779 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $265,217 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $262,517 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,025,673 |
Value of total assets at end of year | 2020-12-31 | $13,669,567 |
Value of total assets at beginning of year | 2020-12-31 | $11,458,005 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $2,700 |
Total interest from all sources | 2020-12-31 | $21,424 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $479,371 |
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 | $479,371 |
Administrative expenses professional fees incurred | 2020-12-31 | $2,700 |
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 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $544,685 |
Participant contributions at end of year | 2020-12-31 | $369,823 |
Participant contributions at beginning of year | 2020-12-31 | $370,798 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $320,553 |
Administrative expenses (other) incurred | 2020-12-31 | $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 | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $2,211,562 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $13,669,567 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $11,458,005 |
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 | $13,182,639 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $10,956,302 |
Interest on participant loans | 2020-12-31 | $21,424 |
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 | $160,435 |
Employer contributions (assets) at end of year | 2020-12-31 | $117,105 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $130,905 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $262,517 |
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 | Unqualified |
Accountancy firm name | 2020-12-31 | CALIBER AUDIT & ATTEST, LLP |
Accountancy firm EIN | 2020-12-31 | 262350873 |
2019 : MORRIS & GARRITANO INSURANCE AGENCY, INC. 401K PROFIT SHARING PLAN 2019 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 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 income from all sources (including contributions) | 2019-12-31 | $2,484,486 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $345,297 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $341,749 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $590,825 |
Value of total assets at end of year | 2019-12-31 | $11,458,005 |
Value of total assets at beginning of year | 2019-12-31 | $9,318,816 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $3,548 |
Total interest from all sources | 2019-12-31 | $19,725 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $564,232 |
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 | $564,232 |
Administrative expenses professional fees incurred | 2019-12-31 | $3,548 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $500,000 |
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 |
Contributions received from participants | 2019-12-31 | $459,920 |
Participant contributions at end of year | 2019-12-31 | $370,798 |
Participant contributions at beginning of year | 2019-12-31 | $387,041 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $0 |
Administrative expenses (other) incurred | 2019-12-31 | $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 | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $2,139,189 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $11,458,005 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $9,318,816 |
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 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 | $10,956,302 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $8,807,556 |
Income. Interest from loans (other than to participants) | 2019-12-31 | $19,725 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $1,309,704 |
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 |
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 | $130,905 |
Employer contributions (assets) at end of year | 2019-12-31 | $130,905 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $124,219 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $341,749 |
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 |
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 |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | CALIBER AUDIT & ATTEST, LLP |
Accountancy firm EIN | 2019-12-31 | 262350873 |
2018 : MORRIS & GARRITANO INSURANCE AGENCY, INC. 401K PROFIT SHARING PLAN 2018 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $191,755 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $1,287,679 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $1,285,376 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $606,240 |
Value of total assets at end of year | 2018-12-31 | $9,318,816 |
Value of total assets at beginning of year | 2018-12-31 | $10,414,740 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $2,303 |
Total interest from all sources | 2018-12-31 | $15,708 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $586,610 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $442,011 |
Participant contributions at end of year | 2018-12-31 | $387,041 |
Participant contributions at beginning of year | 2018-12-31 | $248,044 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $40,010 |
Administrative expenses (other) incurred | 2018-12-31 | $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 | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-1,095,924 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $9,318,816 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $10,414,740 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $8,807,556 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $10,039,389 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $0 |
Income. Interest from loans (other than to participants) | 2018-12-31 | $15,708 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-1,016,803 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $124,219 |
Employer contributions (assets) at end of year | 2018-12-31 | $124,219 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $127,307 |
Income. Dividends from common stock | 2018-12-31 | $586,610 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $1,285,376 |
Contract administrator fees | 2018-12-31 | $2,303 |
Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | CALIBER AUDIT & ATTEST, LLP |
Accountancy firm EIN | 2018-12-31 | 262350873 |
2017 : MORRIS & GARRITANO INSURANCE AGENCY, INC. 401K PROFIT SHARING PLAN 2017 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $2,079,395 |
Total loss/gain on sale of assets | 2017-12-31 | $161,611 |
Total of all expenses incurred | 2017-12-31 | $3,335,299 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $3,331,569 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $569,346 |
Value of total assets at end of year | 2017-12-31 | $10,414,740 |
Value of total assets at beginning of year | 2017-12-31 | $11,670,644 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $3,730 |
Total interest from all sources | 2017-12-31 | $8,392 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $487,750 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $487,750 |
Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2017-12-31 | $2,212,666 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $175,071 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $418,502 |
Participant contributions at end of year | 2017-12-31 | $248,044 |
Participant contributions at beginning of year | 2017-12-31 | $198,199 |
Participant contributions at beginning of year | 2017-12-31 | $21,171 |
Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $28,033 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $23,537 |
Administrative expenses (other) incurred | 2017-12-31 | $1,520 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $-1,255,904 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $10,414,740 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $11,670,644 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $10,039,389 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $8,747,676 |
Value of interest in pooled separate accounts at end of year | 2017-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $0 |
Interest on participant loans | 2017-12-31 | $8,392 |
Interest earned on other investments | 2017-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2017-12-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $320,605 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $320,605 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $852,296 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $127,307 |
Employer contributions (assets) at end of year | 2017-12-31 | $127,307 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $142,294 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $3,331,569 |
Contract administrator fees | 2017-12-31 | $2,210 |
Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Aggregate proceeds on sale of assets | 2017-12-31 | $161,611 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | CALIBER AUDIT & ATTEST, LLP |
Accountancy firm EIN | 2017-12-31 | 262350873 |
2013 : MORRIS & GARRITANO INSURANCE AGENCY, INC. 401K PROFIT SHARING PLAN 2013 401k financial data |
---|
Total income from all sources | 2013-12-31 | $1,470,701 |
Expenses. Total of all expenses incurred | 2013-12-31 | $446,632 |
Benefits paid (including direct rollovers) | 2013-12-31 | $445,005 |
Total plan assets at end of year | 2013-12-31 | $9,213,503 |
Total plan assets at beginning of year | 2013-12-31 | $8,189,434 |
Value of fidelity bond covering the plan | 2013-12-31 | $2,350,000 |
Total contributions received or receivable from participants | 2013-12-31 | $263,266 |
Assets. Value of loans (other than to participants) | 2013-12-31 | $417,306 |
Expenses. Other expenses not covered elsewhere | 2013-12-31 | $1,627 |
Other income received | 2013-12-31 | $1,052,032 |
Net income (gross income less expenses) | 2013-12-31 | $1,024,069 |
Net plan assets at end of year (total assets less liabilities) | 2013-12-31 | $9,213,503 |
Net plan assets at beginning of year (total assets less liabilities) | 2013-12-31 | $8,189,434 |
Assets. Value of participant loans | 2013-12-31 | $215,401 |
Assets. Value of assets in partnership/joint-venture interests | 2013-12-31 | $0 |
Total contributions received or receivable from employer(s) | 2013-12-31 | $155,403 |