SOMERSET CAPITAL GROUP, LTD has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SOMERSET CAPITAL GROUP, LTD 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : SOMERSET CAPITAL GROUP, LTD 401(K) PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $4,312,721 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $649,702 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $613,731 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,563,247 |
| Value of total assets at end of year | 2023-12-31 | $19,911,527 |
| Value of total assets at beginning of year | 2023-12-31 | $16,248,508 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $35,971 |
| Total interest from all sources | 2023-12-31 | $11,391 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $1,200,847 |
| Participant contributions at end of year | 2023-12-31 | $186,715 |
| Participant contributions at beginning of year | 2023-12-31 | $168,930 |
| Participant contributions at end of year | 2023-12-31 | $38,073 |
| Participant contributions at beginning of year | 2023-12-31 | $27,295 |
| Assets. Other investments not covered elsewhere at end of year | 2023-12-31 | $1,018 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-12-31 | $2,545 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $17,561 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $3,663,019 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $19,911,527 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $16,248,508 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $27,318 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $19,675,597 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $16,040,812 |
| Income. Interest from loans (other than to participants) | 2023-12-31 | $11,391 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $2,738,083 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $344,839 |
| Employer contributions (assets) at end of year | 2023-12-31 | $10,124 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $8,926 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $613,731 |
| Contract administrator fees | 2023-12-31 | $750 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | RSM US LLP |
| Accountancy firm EIN | 2023-12-31 | 420714325 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $4,312,721 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $649,702 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $613,731 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,563,247 |
| Value of total assets at end of year | 2023-01-01 | $19,911,527 |
| Value of total assets at beginning of year | 2023-01-01 | $16,248,508 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $35,971 |
| Total interest from all sources | 2023-01-01 | $11,391 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $1,200,847 |
| Participant contributions at end of year | 2023-01-01 | $186,715 |
| Participant contributions at beginning of year | 2023-01-01 | $168,930 |
| Participant contributions at end of year | 2023-01-01 | $38,073 |
| Participant contributions at beginning of year | 2023-01-01 | $27,295 |
| Assets. Other investments not covered elsewhere at end of year | 2023-01-01 | $1,018 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-01-01 | $2,545 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $17,561 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $3,663,019 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $19,911,527 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $16,248,508 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $27,318 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $19,675,597 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $16,040,812 |
| Income. Interest from loans (other than to participants) | 2023-01-01 | $11,391 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $2,738,083 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $344,839 |
| Employer contributions (assets) at end of year | 2023-01-01 | $10,124 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $8,926 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $613,731 |
| Contract administrator fees | 2023-01-01 | $750 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | RSM US LLP |
| Accountancy firm EIN | 2023-01-01 | 420714325 |
| 2022 : SOMERSET CAPITAL GROUP, LTD 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 | $-1,400,824 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $407,033 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $372,719 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,442,877 |
| Value of total assets at end of year | 2022-12-31 | $16,248,508 |
| Value of total assets at beginning of year | 2022-12-31 | $18,056,365 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $34,314 |
| Total interest from all sources | 2022-12-31 | $15,656 |
| 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 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
| 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 | $1,122,591 |
| Participant contributions at end of year | 2022-12-31 | $168,930 |
| Participant contributions at beginning of year | 2022-12-31 | $212,076 |
| Participant contributions at end of year | 2022-12-31 | $27,295 |
| Participant contributions at beginning of year | 2022-12-31 | $27,406 |
| Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $2,545 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $4,574 |
| 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 | $-1,807,857 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $16,248,508 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $18,056,365 |
| 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 | $33,714 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $16,040,812 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $17,802,922 |
| Income. Interest from loans (other than to participants) | 2022-12-31 | $8,836 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $6,820 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,859,357 |
| 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 | $320,286 |
| Employer contributions (assets) at end of year | 2022-12-31 | $8,926 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $9,387 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $372,719 |
| Contract administrator fees | 2022-12-31 | $600 |
| 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 | Disclaimer |
| Accountancy firm name | 2022-12-31 | RSM US LLP |
| Accountancy firm EIN | 2022-12-31 | 420714325 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-1,400,824 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $407,033 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $372,719 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,442,877 |
| Value of total assets at end of year | 2022-01-01 | $16,248,508 |
| Value of total assets at beginning of year | 2022-01-01 | $18,056,365 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $34,314 |
| Total interest from all sources | 2022-01-01 | $15,656 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $1,122,591 |
| Participant contributions at end of year | 2022-01-01 | $168,930 |
| Participant contributions at beginning of year | 2022-01-01 | $212,076 |
| Participant contributions at end of year | 2022-01-01 | $27,295 |
| Participant contributions at beginning of year | 2022-01-01 | $27,406 |
| Assets. Other investments not covered elsewhere at end of year | 2022-01-01 | $2,545 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-01-01 | $4,574 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-1,807,857 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $16,248,508 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $18,056,365 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Investment advisory and management fees | 2022-01-01 | $33,714 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $16,040,812 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $17,802,922 |
| Income. Interest from loans (other than to participants) | 2022-01-01 | $8,836 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $6,820 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-2,859,357 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $320,286 |
| Employer contributions (assets) at end of year | 2022-01-01 | $8,926 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $9,387 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $372,719 |
| Contract administrator fees | 2022-01-01 | $600 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | RSM US LLP |
| Accountancy firm EIN | 2022-01-01 | 420714325 |
| 2021 : SOMERSET CAPITAL GROUP, LTD 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 | $3,472,193 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $502,233 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $471,763 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,331,447 |
| Value of total assets at end of year | 2021-12-31 | $18,056,365 |
| Value of total assets at beginning of year | 2021-12-31 | $15,086,405 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $30,470 |
| Total interest from all sources | 2021-12-31 | $7,329 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $929,714 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $929,714 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $1,022,624 |
| Participant contributions at end of year | 2021-12-31 | $212,076 |
| Participant contributions at beginning of year | 2021-12-31 | $173,354 |
| Participant contributions at end of year | 2021-12-31 | $27,406 |
| Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $4,574 |
| Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $554 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $1,136 |
| 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 | $2,969,960 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $18,056,365 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $15,086,405 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $17,802,922 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $14,912,497 |
| Income. Interest from loans (other than to participants) | 2021-12-31 | $7,329 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,203,703 |
| 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 | $307,687 |
| Employer contributions (assets) at end of year | 2021-12-31 | $9,387 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $471,763 |
| Contract administrator fees | 2021-12-31 | $30,470 |
| 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 | Disclaimer |
| Accountancy firm name | 2021-12-31 | RSM US LLP |
| Accountancy firm EIN | 2021-12-31 | 420714325 |
| 2020 : SOMERSET CAPITAL GROUP, LTD 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 | $607 |
| Total income from all sources (including contributions) | 2020-12-31 | $3,267,837 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $611,448 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $587,602 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,367,535 |
| Value of total assets at end of year | 2020-12-31 | $15,086,405 |
| Value of total assets at beginning of year | 2020-12-31 | $12,430,623 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $23,846 |
| Total interest from all sources | 2020-12-31 | $8,293 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $322,697 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $322,697 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
| 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 | $943,233 |
| Participant contributions at end of year | 2020-12-31 | $173,354 |
| Participant contributions at beginning of year | 2020-12-31 | $108,845 |
| Participant contributions at beginning of year | 2020-12-31 | $182 |
| Assets. Other investments not covered elsewhere at end of year | 2020-12-31 | $554 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $146,683 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $607 |
| 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 | $2,656,389 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $15,086,405 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $12,430,016 |
| 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 | $14,912,497 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $12,321,505 |
| Income. Interest from loans (other than to participants) | 2020-12-31 | $8,293 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,569,312 |
| 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 | $277,619 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $91 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $587,602 |
| Contract administrator fees | 2020-12-31 | $23,846 |
| 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 | RSM US LLP |
| Accountancy firm EIN | 2020-12-31 | 420714325 |
| 2019 : SOMERSET CAPITAL GROUP, LTD 401(K) PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $607 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $607 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $3,111,004 |
| Total income from all sources (including contributions) | 2019-12-31 | $3,111,004 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $249,782 |
| Total of all expenses incurred | 2019-12-31 | $249,782 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $215,858 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $215,858 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $5,836 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $5,836 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,088,234 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,088,234 |
| Value of total assets at end of year | 2019-12-31 | $12,430,623 |
| Value of total assets at end of year | 2019-12-31 | $12,430,623 |
| Value of total assets at beginning of year | 2019-12-31 | $9,568,794 |
| Value of total assets at beginning of year | 2019-12-31 | $9,568,794 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $28,088 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $28,088 |
| Total interest from all sources | 2019-12-31 | $6,751 |
| Total interest from all sources | 2019-12-31 | $6,751 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $215,872 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $215,872 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $215,872 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $215,872 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
| Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $862,252 |
| Contributions received from participants | 2019-12-31 | $862,252 |
| Participant contributions at end of year | 2019-12-31 | $108,845 |
| Participant contributions at end of year | 2019-12-31 | $108,845 |
| Participant contributions at beginning of year | 2019-12-31 | $97,393 |
| Participant contributions at beginning of year | 2019-12-31 | $97,393 |
| Participant contributions at end of year | 2019-12-31 | $182 |
| Participant contributions at end of year | 2019-12-31 | $182 |
| Participant contributions at beginning of year | 2019-12-31 | $23,389 |
| Participant contributions at beginning of year | 2019-12-31 | $23,389 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $1,506 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $1,506 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $607 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $607 |
| 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 | $2,861,222 |
| Value of net income/loss | 2019-12-31 | $2,861,222 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $12,430,016 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $12,430,016 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $9,568,794 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $9,568,794 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $12,321,505 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $12,321,505 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $9,441,625 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $9,441,625 |
| Income. Interest from loans (other than to participants) | 2019-12-31 | $6,751 |
| Income. Interest from loans (other than to participants) | 2019-12-31 | $6,751 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $1,800,147 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $1,800,147 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $224,476 |
| Contributions received in cash from employer | 2019-12-31 | $224,476 |
| Employer contributions (assets) at end of year | 2019-12-31 | $91 |
| Employer contributions (assets) at end of year | 2019-12-31 | $91 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $6,387 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $6,387 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $215,858 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $215,858 |
| Contract administrator fees | 2019-12-31 | $28,088 |
| Contract administrator fees | 2019-12-31 | $28,088 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | RSM US LLP |
| Accountancy firm name | 2019-12-31 | RSM US LLP |
| Accountancy firm EIN | 2019-12-31 | 420714325 |
| Accountancy firm EIN | 2019-12-31 | 420714325 |
| 2013 : SOMERSET CAPITAL GROUP, LTD 401(K) PLAN 2013 401k financial data |
|---|
| Total income from all sources | 2013-12-31 | $1,308,475 |
| Expenses. Total of all expenses incurred | 2013-12-31 | $317,664 |
| Benefits paid (including direct rollovers) | 2013-12-31 | $316,864 |
| Total plan assets at end of year | 2013-12-31 | $5,769,067 |
| Total plan assets at beginning of year | 2013-12-31 | $4,778,256 |
| Value of fidelity bond covering the plan | 2013-12-31 | $100,000 |
| Total contributions received or receivable from participants | 2013-12-31 | $422,827 |
| Contributions received from other sources (not participants or employers) | 2013-12-31 | $33,834 |
| Other income received | 2013-12-31 | $850,116 |
| Net income (gross income less expenses) | 2013-12-31 | $990,811 |
| Net plan assets at end of year (total assets less liabilities) | 2013-12-31 | $5,769,067 |
| Net plan assets at beginning of year (total assets less liabilities) | 2013-12-31 | $4,778,256 |
| Assets. Value of participant loans | 2013-12-31 | $142,746 |
| Total contributions received or receivable from employer(s) | 2013-12-31 | $1,698 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2013-12-31 | $800 |
| 2012 : SOMERSET CAPITAL GROUP, LTD 401(K) PLAN 2012 401k financial data |
|---|
| Total income from all sources | 2012-12-31 | $1,106,728 |
| Expenses. Total of all expenses incurred | 2012-12-31 | $181,884 |
| Benefits paid (including direct rollovers) | 2012-12-31 | $181,584 |
| Total plan assets at end of year | 2012-12-31 | $4,778,256 |
| Total plan assets at beginning of year | 2012-12-31 | $3,853,412 |
| Value of fidelity bond covering the plan | 2012-12-31 | $1,000,000 |
| Total contributions received or receivable from participants | 2012-12-31 | $459,121 |
| Contributions received from other sources (not participants or employers) | 2012-12-31 | $6,258 |
| Other income received | 2012-12-31 | $468,885 |
| Net income (gross income less expenses) | 2012-12-31 | $924,844 |
| Net plan assets at end of year (total assets less liabilities) | 2012-12-31 | $4,778,256 |
| Net plan assets at beginning of year (total assets less liabilities) | 2012-12-31 | $3,853,412 |
| Assets. Value of participant loans | 2012-12-31 | $120,421 |
| Total contributions received or receivable from employer(s) | 2012-12-31 | $172,464 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2012-12-31 | $300 |
| 2011 : SOMERSET CAPITAL GROUP, LTD 401(K) PLAN 2011 401k financial data |
|---|
| Total income from all sources | 2011-12-31 | $479,129 |
| Expenses. Total of all expenses incurred | 2011-12-31 | $257,601 |
| Benefits paid (including direct rollovers) | 2011-12-31 | $256,726 |
| Total plan assets at end of year | 2011-12-31 | $3,853,412 |
| Total plan assets at beginning of year | 2011-12-31 | $3,631,884 |
| Value of fidelity bond covering the plan | 2011-12-31 | $1,000,000 |
| Total contributions received or receivable from participants | 2011-12-31 | $440,154 |
| Other income received | 2011-12-31 | $-145,030 |
| Net income (gross income less expenses) | 2011-12-31 | $221,528 |
| Net plan assets at end of year (total assets less liabilities) | 2011-12-31 | $3,853,412 |
| Net plan assets at beginning of year (total assets less liabilities) | 2011-12-31 | $3,631,884 |
| Assets. Value of participant loans | 2011-12-31 | $115,041 |
| Total contributions received or receivable from employer(s) | 2011-12-31 | $184,005 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2011-12-31 | $875 |
| 2010 : SOMERSET CAPITAL GROUP, LTD 401(K) PLAN 2010 401k financial data |
|---|
| Total income from all sources | 2010-12-31 | $1,172,849 |
| Expenses. Total of all expenses incurred | 2010-12-31 | $594,152 |
| Benefits paid (including direct rollovers) | 2010-12-31 | $593,477 |
| Total plan assets at end of year | 2010-12-31 | $3,631,884 |
| Total plan assets at beginning of year | 2010-12-31 | $3,053,187 |
| Value of fidelity bond covering the plan | 2010-12-31 | $1,000,000 |
| Total contributions received or receivable from participants | 2010-12-31 | $513,962 |
| Expenses. Other expenses not covered elsewhere | 2010-12-31 | $675 |
| Contributions received from other sources (not participants or employers) | 2010-12-31 | $16,661 |
| Other income received | 2010-12-31 | $418,974 |
| Net income (gross income less expenses) | 2010-12-31 | $578,697 |
| Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $3,631,884 |
| Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $3,053,187 |
| Assets. Value of participant loans | 2010-12-31 | $158,065 |
| Total contributions received or receivable from employer(s) | 2010-12-31 | $223,252 |
