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SYMBIO, LLC. RETIREMENT PLAN 401k Plan overview

Plan NameSYMBIO, LLC. RETIREMENT PLAN
Plan identification number 001

SYMBIO, LLC. RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan covering Self-Employed individuals.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

SYMBIO, LLC. has sponsored the creation of one or more 401k plans.

Company Name:SYMBIO, LLC.
Employer identification number (EIN):030415343
NAIC Classification:541600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SYMBIO, LLC. RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01RICHARD PANICO2020-04-16
0012018-01-01RICHARD PANICO2019-05-01
0012017-01-01RICHARD PANICO2018-03-01
0012016-01-01RICHARD PANICO2017-05-03
0012015-01-01LINDA DLUGINSKY2016-06-02
0012014-01-01RICHARD PANICO2015-07-20
0012013-01-01RICHARD PANICO2014-07-24
0012012-01-01RICHARD PANICO2013-06-07
0012011-01-01RICHARD PANICO2012-07-18
0012009-01-01LINDA DLUGINSKY

Plan Statistics for SYMBIO, LLC. RETIREMENT PLAN

401k plan membership statisitcs for SYMBIO, LLC. RETIREMENT PLAN

Measure Date Value
2022: SYMBIO, LLC. RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01109
Total number of active participants reported on line 7a of the Form 55002022-01-01100
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0116
Total of all active and inactive participants2022-01-01116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01116
Number of participants with account balances2022-01-0173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: SYMBIO, LLC. RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01116
Total number of active participants reported on line 7a of the Form 55002021-01-0189
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0120
Total of all active and inactive participants2021-01-01109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01109
Number of participants with account balances2021-01-0172
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: SYMBIO, LLC. RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01126
Total number of active participants reported on line 7a of the Form 55002020-01-01103
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0115
Total of all active and inactive participants2020-01-01118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01118
Number of participants with account balances2020-01-0173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2009: SYMBIO, LLC. RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0122
Total number of active participants reported on line 7a of the Form 55002009-01-0118
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-014
Total of all active and inactive participants2009-01-0122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0122
Number of participants with account balances2009-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on SYMBIO, LLC. RETIREMENT PLAN

Measure Date Value
2022 : SYMBIO, LLC. RETIREMENT PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$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$0
Total income from all sources (including contributions)2022-12-31$-447,394
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$1,050,343
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,043,671
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$644,011
Value of total assets at end of year2022-12-31$5,591,722
Value of total assets at beginning of year2022-12-31$7,089,459
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$6,672
Total interest from all sources2022-12-31$860
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$241,269
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$241,269
Administrative expenses professional fees incurred2022-12-31$0
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$563,025
Participant contributions at end of year2022-12-31$39,470
Participant contributions at beginning of year2022-12-31$3,511
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$80,986
Administrative expenses (other) incurred2022-12-31$0
Total non interest bearing cash at end of year2022-12-31$0
Total non interest bearing cash at beginning of year2022-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-1,497,737
Value of net assets at end of year (total assets less liabilities)2022-12-31$5,591,722
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$7,089,459
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$5,183,679
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$6,761,055
Interest on participant loans2022-12-31$860
Value of interest in common/collective trusts at end of year2022-12-31$368,573
Value of interest in common/collective trusts at beginning of year2022-12-31$324,893
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-1,339,821
Net investment gain or loss from common/collective trusts2022-12-31$6,287
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$0
Employer contributions (assets) at end of year2022-12-31$0
Employer contributions (assets) at beginning of year2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,043,671
Contract administrator fees2022-12-31$6,672
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31BDG-CPAS
Accountancy firm EIN2022-12-31222625944
2021 : SYMBIO, LLC. RETIREMENT PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$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$33,409
Total income from all sources (including contributions)2021-12-31$1,407,131
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$407,544
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$402,159
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$573,897
Value of total assets at end of year2021-12-31$7,089,459
Value of total assets at beginning of year2021-12-31$6,123,281
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$5,385
Total interest from all sources2021-12-31$261
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$363,573
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$363,573
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$529,309
Participant contributions at end of year2021-12-31$3,511
Participant contributions at beginning of year2021-12-31$6,220
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$44,588
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$33,409
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$999,587
Value of net assets at end of year (total assets less liabilities)2021-12-31$7,089,459
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$6,089,872
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$6,761,055
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$6,092,223
Interest on participant loans2021-12-31$261
Value of interest in common/collective trusts at end of year2021-12-31$324,893
Value of interest in common/collective trusts at beginning of year2021-12-31$24,838
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$466,702
Net investment gain or loss from common/collective trusts2021-12-31$2,698
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$402,159
Contract administrator fees2021-12-31$5,385
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31BDG-CPAS
Accountancy firm EIN2021-12-31222625944
2020 : SYMBIO, LLC. RETIREMENT PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$33,409
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$1,411,483
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$372,840
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$372,777
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$589,652
Value of total assets at end of year2020-12-31$6,123,281
Value of total assets at beginning of year2020-12-31$5,051,229
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$63
Total interest from all sources2020-12-31$297
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$196,720
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$196,720
Administrative expenses professional fees incurred2020-12-31$63
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$589,652
Participant contributions at end of year2020-12-31$6,220
Participant contributions at beginning of year2020-12-31$55,580
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$33,409
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,038,643
Value of net assets at end of year (total assets less liabilities)2020-12-31$6,089,872
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$5,051,229
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$6,092,223
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$4,995,649
Interest on participant loans2020-12-31$297
Value of interest in common/collective trusts at end of year2020-12-31$24,838
Value of interest in common/collective trusts at beginning of year2020-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$624,532
Net investment gain or loss from common/collective trusts2020-12-31$282
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$372,777
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31BDG-CPAS
Accountancy firm EIN2020-12-31222625944
2010 : SYMBIO, LLC. RETIREMENT PLAN 2010 401k financial data
Total income from all sources2010-12-31$238,459
Expenses. Total of all expenses incurred2010-12-31$27,480
Benefits paid (including direct rollovers)2010-12-31$24,950
Total plan assets at end of year2010-12-31$871,524
Total plan assets at beginning of year2010-12-31$660,545
Total contributions received or receivable from participants2010-12-31$132,810
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$105,649
Net income (gross income less expenses)2010-12-31$210,979
Net plan assets at end of year (total assets less liabilities)2010-12-31$871,524
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$660,545
Total contributions received or receivable from employer(s)2010-12-31$0
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$2,530
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0

Form 5500 Responses for SYMBIO, LLC. RETIREMENT PLAN

2022: SYMBIO, LLC. RETIREMENT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: SYMBIO, LLC. RETIREMENT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: SYMBIO, LLC. RETIREMENT PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2009: SYMBIO, LLC. RETIREMENT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

METLIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 87726 )
Policy contract number940993
Policy instance 1
Insurance contract or identification number940993
Number of Individuals Covered21
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $2,128
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,128
Insurance broker organization code?4
Insurance broker nameMORGAN STANLEY SMITH BARNEY LLC

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