CARNEGIE FABRICS, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan CARNEGIE FABRICS, INC. 401(K) PROFIT SHARING PLAN & TRUST
401k plan membership statisitcs for CARNEGIE FABRICS, INC. 401(K) PROFIT SHARING PLAN & TRUST
Measure | Date | Value |
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2022 : CARNEGIE FABRICS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2022 401k financial data |
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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 | $24,144 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $1,432 |
Total income from all sources (including contributions) | 2022-12-31 | $-637,238 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $860,985 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $786,599 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $6,418 |
Value of total corrective distributions | 2022-12-31 | $24,144 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $769,322 |
Value of total assets at end of year | 2022-12-31 | $7,522,746 |
Value of total assets at beginning of year | 2022-12-31 | $8,998,257 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $43,824 |
Total interest from all sources | 2022-12-31 | $11,350 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $19,880 |
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 | $19,880 |
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 | $637,849 |
Participant contributions at end of year | 2022-12-31 | $248,762 |
Participant contributions at beginning of year | 2022-12-31 | $100,864 |
Participant contributions at end of year | 2022-12-31 | $6,707 |
Participant contributions at beginning of year | 2022-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $1,803 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $1,432 |
Other income not declared elsewhere | 2022-12-31 | $104 |
Liabilities. Value of operating payables at end of year | 2022-12-31 | $24,144 |
Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $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 | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-1,498,223 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $7,498,602 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $8,996,825 |
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 | $883,875 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $1,193,043 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $6,256,357 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $7,648,215 |
Interest on participant loans | 2022-12-31 | $9,461 |
Interest earned on other investments | 2022-12-31 | $1,889 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $125,568 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $56,135 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-204,880 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-1,233,014 |
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 | $129,670 |
Employer contributions (assets) at end of year | 2022-12-31 | $1,477 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $786,599 |
Contract administrator fees | 2022-12-31 | $43,824 |
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 | CITRIN COOPERMAN & COMPANY LLP |
Accountancy firm EIN | 2022-12-31 | 222428965 |
2021 : CARNEGIE FABRICS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2021 401k financial data |
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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 | $1,432 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $23,005 |
Total income from all sources (including contributions) | 2021-12-31 | $1,752,529 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $907,892 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $776,791 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $78,252 |
Value of total corrective distributions | 2021-12-31 | $7,160 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $742,345 |
Value of total assets at end of year | 2021-12-31 | $8,998,257 |
Value of total assets at beginning of year | 2021-12-31 | $8,175,193 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $45,689 |
Total interest from all sources | 2021-12-31 | $8,621 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $19,602 |
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 | $19,602 |
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 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $624,842 |
Participant contributions at end of year | 2021-12-31 | $100,864 |
Participant contributions at beginning of year | 2021-12-31 | $261,454 |
Participant contributions at end of year | 2021-12-31 | $0 |
Participant contributions at beginning of year | 2021-12-31 | $10,691 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $10,489 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $1,432 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $23,005 |
Other income not declared elsewhere | 2021-12-31 | $981,961 |
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 | $844,637 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $8,996,825 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $8,152,188 |
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 | $1,193,043 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $1,213,279 |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $7,648,215 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $6,635,451 |
Interest on participant loans | 2021-12-31 | $8,621 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $56,135 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $54,318 |
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 | $107,014 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $776,791 |
Contract administrator fees | 2021-12-31 | $45,689 |
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 | CITRIN COOPERMAN & COMPANY LLP |
Accountancy firm EIN | 2021-12-31 | 222428965 |
2020 : CARNEGIE FABRICS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2020 401k financial data |
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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 | $23,005 |
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 | $1,808,916 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $1,139,067 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $999,735 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $69,339 |
Value of total corrective distributions | 2020-12-31 | $23,005 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $793,111 |
Value of total assets at end of year | 2020-12-31 | $8,175,193 |
Value of total assets at beginning of year | 2020-12-31 | $7,482,339 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $46,988 |
Total interest from all sources | 2020-12-31 | $12,473 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $20,829 |
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 | $20,829 |
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 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $627,829 |
Participant contributions at end of year | 2020-12-31 | $261,454 |
Participant contributions at beginning of year | 2020-12-31 | $271,494 |
Participant contributions at end of year | 2020-12-31 | $10,691 |
Participant contributions at beginning of year | 2020-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $106,633 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $23,005 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
Other income not declared elsewhere | 2020-12-31 | $982,503 |
Administrative expenses (other) incurred | 2020-12-31 | $43,471 |
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 | $669,849 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $8,152,188 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $7,482,339 |
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 | $1,213,279 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $7,145,305 |
Value of interest in pooled separate accounts at end of year | 2020-12-31 | $6,635,451 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $0 |
Interest on participant loans | 2020-12-31 | $12,473 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $54,318 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $65,540 |
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 | $58,649 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $999,735 |
Contract administrator fees | 2020-12-31 | $3,517 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | Yes |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
Accountancy firm name | 2020-12-31 | BDO USA, LLP |
Accountancy firm EIN | 2020-12-31 | 135381590 |