NERAC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan NERAC, INC. EMPLOYEES 401K PLAN
| Measure | Date | Value |
|---|
| 2025 : NERAC, INC. EMPLOYEES 401K PLAN 2025 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2025-07-21 | 561151 |
| Net assets as of the end of the plan year | 2025-07-21 | 2604467 |
| Total assets as of the beginning of the plan year | 2025-07-21 | 2756128 |
| Value of plan covered by a fidelity bond | 2025-07-21 | 500000 |
| Participant contributions to plan in this plan year | 2025-07-21 | 142855 |
| Other income to plan in this plan year | 2025-07-21 | 266635 |
| Plan net income in this plan year | 2025-07-21 | -151661 |
| Net assets as of the end of the plan year | 2025-07-21 | 2604467 |
| Net assets as of the beginning of the plan year | 2025-07-21 | 2756128 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-07-21 | 35666 |
| 2024 : NERAC, INC. EMPLOYEES 401K PLAN 2024 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2024-10-15 | 206386 |
| Net assets as of the end of the plan year | 2024-10-15 | 2756128 |
| Total assets as of the beginning of the plan year | 2024-10-15 | 2453309 |
| Value of plan covered by a fidelity bond | 2024-10-15 | 500000 |
| Participant contributions to plan in this plan year | 2024-10-15 | 166478 |
| Value of participant loans at end of plan year | 2024-10-15 | 2060 |
| Other income to plan in this plan year | 2024-10-15 | 352727 |
| Plan net income in this plan year | 2024-10-15 | 302819 |
| Net assets as of the end of the plan year | 2024-10-15 | 2756128 |
| Net assets as of the beginning of the plan year | 2024-10-15 | 2453309 |
| Employer contributions to plan in this plan year | 2024-10-15 | -10000 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-10-15 | 26019 |
| 2022 : NERAC, INC. EMPLOYEES 401K PLAN 2022 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2022-04-27 | 0 |
| Total liabilities as of the end of the plan year | 2022-04-27 | 0 |
| Total liabilities as of the beginning of the plan year | 2022-04-27 | 0 |
| Total expenses incurred by plan in this plan year | 2022-04-27 | 453159 |
| Net assets as of the end of the plan year | 2022-04-27 | 3170233 |
| Total assets as of the beginning of the plan year | 2022-04-27 | 3132502 |
| Participant contributions to plan in this plan year | 2022-04-27 | 152628 |
| Value of participant loans at end of plan year | 2022-04-27 | 8487 |
| Other expenses paid from plan in this plan year | 2022-04-27 | 0 |
| Other contributions to plan in this plan year | 2022-04-27 | 0 |
| Other income to plan in this plan year | 2022-04-27 | 338262 |
| Plan net income in this plan year | 2022-04-27 | 37731 |
| Net assets as of the end of the plan year | 2022-04-27 | 3170233 |
| Net assets as of the beginning of the plan year | 2022-04-27 | 3132502 |
| Employer contributions to plan in this plan year | 2022-04-27 | 0 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-04-27 | 19682 |
| 2012 : NERAC, INC. EMPLOYEES 401K PLAN 2012 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $1,083,434 |
| Total loss/gain on sale of assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $917,598 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $914,044 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $332,971 |
| Value of total assets at end of year | 2012-12-31 | $6,505,502 |
| Value of total assets at beginning of year | 2012-12-31 | $6,339,666 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $3,554 |
| Total interest from all sources | 2012-12-31 | $37,067 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Administrative expenses professional fees incurred | 2012-12-31 | $3,554 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $311,684 |
| Participant contributions at end of year | 2012-12-31 | $124,508 |
| Participant contributions at beginning of year | 2012-12-31 | $132,056 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $21,287 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Income. Non cash contributions | 2012-12-31 | $0 |
| Value of net income/loss | 2012-12-31 | $165,836 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $6,505,502 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $6,339,666 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2012-12-31 | $5,305,655 |
| Value of interest in pooled separate accounts at beginning of year | 2012-12-31 | $5,082,979 |
| Interest on participant loans | 2012-12-31 | $6,240 |
| Interest earned on other investments | 2012-12-31 | $30,827 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $1,075,339 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $1,124,631 |
| Net investment gain/loss from pooled separate accounts | 2012-12-31 | $713,396 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Contributions received in cash from employer | 2012-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $914,044 |
| Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
| Accountancy firm name | 2012-12-31 | BOBROW & CO. |
| Accountancy firm EIN | 2012-12-31 | 061357224 |
| 2011 : NERAC, INC. EMPLOYEES 401K PLAN 2011 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total income from all sources (including contributions) | 2011-12-31 | $252,005 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $623,609 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $623,609 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $337,478 |
| Value of total assets at end of year | 2011-12-31 | $6,339,666 |
| Value of total assets at beginning of year | 2011-12-31 | $6,711,270 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $0 |
| Total interest from all sources | 2011-12-31 | $38,027 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $326,224 |
| Participant contributions at end of year | 2011-12-31 | $132,056 |
| Participant contributions at beginning of year | 2011-12-31 | $198,644 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $11,254 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $-371,604 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $6,339,666 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $6,711,270 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2011-12-31 | $5,082,979 |
| Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $5,432,338 |
| Interest on participant loans | 2011-12-31 | $7,145 |
| Interest earned on other investments | 2011-12-31 | $30,882 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $1,124,631 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $1,080,288 |
| Net investment gain/loss from pooled separate accounts | 2011-12-31 | $-123,500 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Contributions received in cash from employer | 2011-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $623,609 |
| Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
| Accountancy firm name | 2011-12-31 | BOBROW & CO. |
| Accountancy firm EIN | 2011-12-31 | 061357224 |
| 2010 : NERAC, INC. EMPLOYEES 401K PLAN 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $1,409,036 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $704,252 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $701,632 |
| Expenses. Certain deemed distributions of participant loans | 2010-12-31 | $2,620 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $582,705 |
| Value of total assets at end of year | 2010-12-31 | $6,711,270 |
| Value of total assets at beginning of year | 2010-12-31 | $6,006,486 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $0 |
| Total interest from all sources | 2010-12-31 | $42,223 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $444,983 |
| Participant contributions at end of year | 2010-12-31 | $198,644 |
| Participant contributions at beginning of year | 2010-12-31 | $160,390 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $136,726 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $704,784 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $6,711,270 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $6,006,486 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2010-12-31 | $5,432,338 |
| Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $4,800,209 |
| Interest on participant loans | 2010-12-31 | $8,545 |
| Interest earned on other investments | 2010-12-31 | $33,678 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $1,080,288 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $1,045,887 |
| Net investment gain/loss from pooled separate accounts | 2010-12-31 | $784,108 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $996 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $701,632 |
| Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
| Accountancy firm name | 2010-12-31 | BOBROW & CO. |
| Accountancy firm EIN | 2010-12-31 | 061357224 |
| 2009 : NERAC, INC. EMPLOYEES 401K PLAN 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |