Logo

ABLE EQUIPMENT RENTAL, INC. 401(K) PLAN 401k Plan overview

Plan NameABLE EQUIPMENT RENTAL, INC. 401(K) PLAN
Plan identification number 001

ABLE EQUIPMENT RENTAL, INC. 401(K) 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.
  • 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) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ABLE EQUIPMENT RENTAL, INC. has sponsored the creation of one or more 401k plans.

Company Name:ABLE EQUIPMENT RENTAL, INC.
Employer identification number (EIN):113351733
NAIC Classification:561490

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ABLE EQUIPMENT RENTAL, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012023-01-01DANIELLE MURRELL
0012022-01-01
0012022-01-01JOHN SELLITTO
0012021-01-01
0012021-01-01STEVEN LAGANAS
0012020-01-01

Financial Data on ABLE EQUIPMENT RENTAL, INC. 401(K) PLAN

Measure Date Value
2025 : ABLE EQUIPMENT RENTAL, INC. 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-02-18-1529206
Total liabilities as of the beginning of the plan year2025-02-180
Total expenses incurred by plan in this plan year2025-02-183056665
Net assets as of the end of the plan year2025-02-180
Total assets as of the beginning of the plan year2025-02-184010302
Value of plan covered by a fidelity bond2025-02-18600000
Participant contributions to plan in this plan year2025-02-1840240
Other income to plan in this plan year2025-02-18535329
Plan net income in this plan year2025-02-18-2481096
Net assets as of the end of the plan year2025-02-180
Net assets as of the beginning of the plan year2025-02-184010302
Fees paid to broker by Benefit Provider2025-02-1816537
Expensese paid to adminstrative service provicers from plan in this plan year2025-02-188630
2023 : ABLE EQUIPMENT RENTAL, INC. 401(K) PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-12-31$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$1,005,080
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$3,189,375
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$3,113,870
Value of total corrective distributions2023-12-31$61,476
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$310,318
Value of total assets at end of year2023-12-31$4,010,302
Value of total assets at beginning of year2023-12-31$6,194,597
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$14,029
Total interest from all sources2023-12-31$1,459
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$0
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$600,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$276,575
Participant contributions at end of year2023-12-31$28,391
Participant contributions at beginning of year2023-12-31$105,738
Liabilities. Value of operating payables at end of year2023-12-31$0
Liabilities. Value of operating payables at beginning of year2023-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$-2,184,295
Value of net assets at end of year (total assets less liabilities)2023-12-31$4,010,302
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$6,194,597
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Value of interest in pooled separate accounts at end of year2023-12-31$3,854,000
Value of interest in pooled separate accounts at beginning of year2023-12-31$5,541,986
Interest on participant loans2023-12-31$1,459
Value of interest in common/collective trusts at end of year2023-12-31$0
Value of interest in common/collective trusts at beginning of year2023-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-12-31$94,168
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-12-31$256,843
Net investment gain/loss from pooled separate accounts2023-12-31$693,303
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$33,743
Employer contributions (assets) at end of year2023-12-31$33,743
Employer contributions (assets) at beginning of year2023-12-31$290,030
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$3,113,870
Contract administrator fees2023-12-31$14,029
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31MARCUM LLP
Accountancy firm EIN2023-12-31111986323
Total unrealized appreciation/depreciation of assets2023-01-01$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$1,005,080
Total loss/gain on sale of assets2023-01-01$0
Total of all expenses incurred2023-01-01$3,189,375
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-01-01$3,113,870
Value of total corrective distributions2023-01-01$61,476
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-01-01$310,318
Value of total assets at end of year2023-01-01$4,010,302
Value of total assets at beginning of year2023-01-01$6,194,597
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-01-01$14,029
Total interest from all sources2023-01-01$1,459
Total dividends received (eg from common stock, registered investment company shares)2023-01-01$0
Was this plan covered by a fidelity bond2023-01-01Yes
Value of fidelity bond cover2023-01-01$600,000
If this is an individual account plan, was there a blackout period2023-01-01No
Were there any nonexempt tranactions with any party-in-interest2023-01-01No
Contributions received from participants2023-01-01$276,575
Participant contributions at end of year2023-01-01$28,391
Participant contributions at beginning of year2023-01-01$105,738
Liabilities. Value of operating payables at end of year2023-01-01$0
Liabilities. Value of operating payables at beginning of year2023-01-01$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Value of net income/loss2023-01-01$-2,184,295
Value of net assets at end of year (total assets less liabilities)2023-01-01$4,010,302
Value of net assets at beginning of year (total assets less liabilities)2023-01-01$6,194,597
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2023-01-01No
Were any leases to which the plan was party in default or uncollectible2023-01-01No
Value of interest in pooled separate accounts at end of year2023-01-01$3,854,000
Value of interest in pooled separate accounts at beginning of year2023-01-01$5,541,986
Interest on participant loans2023-01-01$1,459
Value of interest in common/collective trusts at end of year2023-01-01$0
Value of interest in common/collective trusts at beginning of year2023-01-01$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-01-01$94,168
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-01-01$256,843
Net investment gain/loss from pooled separate accounts2023-01-01$693,303
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-01-01No
Was there a failure to transmit to the plan any participant contributions2023-01-01No
Has the plan failed to provide any benefit when due under the plan2023-01-01No
Contributions received in cash from employer2023-01-01$33,743
Employer contributions (assets) at end of year2023-01-01$33,743
Employer contributions (assets) at beginning of year2023-01-01$290,030
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-01-01$3,113,870
Contract administrator fees2023-01-01$14,029
Did the plan have assets held for investment2023-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-01-01No
Opinion of an independent qualified public accountant for this plan2023-01-011
Accountancy firm name2023-01-01MARCUM LLP
Accountancy firm EIN2023-01-01111986323
2022 : ABLE EQUIPMENT RENTAL, INC. 401(K) 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$105,508
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$403,753
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$385,381
Value of total corrective distributions2022-12-31$16,869
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,197,741
Value of total assets at end of year2022-12-31$6,194,597
Value of total assets at beginning of year2022-12-31$6,492,842
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$1,503
Total interest from all sources2022-12-31$5,334
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$600,000
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$760,710
Participant contributions at end of year2022-12-31$105,738
Participant contributions at beginning of year2022-12-31$99,383
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$147,001
Liabilities. Value of operating payables at end of year2022-12-31$0
Liabilities. Value of operating payables at beginning of year2022-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-298,245
Value of net assets at end of year (total assets less liabilities)2022-12-31$6,194,597
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$6,492,842
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
Value of interest in pooled separate accounts at end of year2022-12-31$5,541,986
Value of interest in pooled separate accounts at beginning of year2022-12-31$6,160,149
Interest on participant loans2022-12-31$5,334
Value of interest in common/collective trusts at end of year2022-12-31$0
Value of interest in common/collective trusts at beginning of year2022-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$256,843
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$0
Net investment gain/loss from pooled separate accounts2022-12-31$-1,097,567
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$290,030
Employer contributions (assets) at end of year2022-12-31$290,030
Employer contributions (assets) at beginning of year2022-12-31$233,310
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$385,381
Contract administrator fees2022-12-31$1,503
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 name2022-12-31MARCUM LLP
Accountancy firm EIN2022-12-31111986323
Total unrealized appreciation/depreciation of assets2022-01-01$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$105,508
Total loss/gain on sale of assets2022-01-01$0
Total of all expenses incurred2022-01-01$403,753
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$385,381
Value of total corrective distributions2022-01-01$16,869
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$1,197,741
Value of total assets at end of year2022-01-01$6,194,597
Value of total assets at beginning of year2022-01-01$6,492,842
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$1,503
Total interest from all sources2022-01-01$5,334
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$0
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$600,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$760,710
Participant contributions at end of year2022-01-01$105,738
Participant contributions at beginning of year2022-01-01$99,383
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$147,001
Liabilities. Value of operating payables at end of year2022-01-01$0
Liabilities. Value of operating payables at beginning of year2022-01-01$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$-298,245
Value of net assets at end of year (total assets less liabilities)2022-01-01$6,194,597
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$6,492,842
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Value of interest in pooled separate accounts at end of year2022-01-01$5,541,986
Value of interest in pooled separate accounts at beginning of year2022-01-01$6,160,149
Interest on participant loans2022-01-01$5,334
Value of interest in common/collective trusts at end of year2022-01-01$0
Value of interest in common/collective trusts at beginning of year2022-01-01$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-01-01$256,843
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-01-01$0
Net investment gain/loss from pooled separate accounts2022-01-01$-1,097,567
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$290,030
Employer contributions (assets) at end of year2022-01-01$290,030
Employer contributions (assets) at beginning of year2022-01-01$233,310
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$385,381
Contract administrator fees2022-01-01$1,503
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01MARCUM LLP
Accountancy firm EIN2022-01-01111986323
2021 : ABLE EQUIPMENT RENTAL, INC. 401(K) 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$773
Total income from all sources (including contributions)2021-12-31$2,181,976
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$126,238
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$85,723
Value of total corrective distributions2021-12-31$39,325
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,330,559
Value of total assets at end of year2021-12-31$6,492,842
Value of total assets at beginning of year2021-12-31$4,437,877
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$1,190
Total interest from all sources2021-12-31$8,542
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$600,000
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$638,256
Participant contributions at end of year2021-12-31$99,383
Participant contributions at beginning of year2021-12-31$142,652
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$458,993
Liabilities. Value of operating payables at end of year2021-12-31$0
Liabilities. Value of operating payables at beginning of year2021-12-31$773
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$2,055,738
Value of net assets at end of year (total assets less liabilities)2021-12-31$6,492,842
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$4,437,104
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 pooled separate accounts at end of year2021-12-31$6,160,149
Value of interest in pooled separate accounts at beginning of year2021-12-31$4,112,694
Interest on participant loans2021-12-31$8,542
Value of interest in common/collective trusts at end of year2021-12-31$0
Value of interest in common/collective trusts at beginning of year2021-12-31$0
Net investment gain/loss from pooled separate accounts2021-12-31$842,875
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$233,310
Employer contributions (assets) at end of year2021-12-31$233,310
Employer contributions (assets) at beginning of year2021-12-31$182,531
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$85,723
Contract administrator fees2021-12-31$1,190
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 name2021-12-31MARCUM LLP
Accountancy firm EIN2021-12-31111986323
2020 : ABLE EQUIPMENT RENTAL, INC. 401(K) 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$773
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$1,738,995
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$224,890
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$223,440
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,118,154
Value of total assets at end of year2020-12-31$4,437,877
Value of total assets at beginning of year2020-12-31$2,922,999
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$1,450
Total interest from all sources2020-12-31$8,092
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$150,000
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$538,873
Participant contributions at end of year2020-12-31$142,652
Participant contributions at beginning of year2020-12-31$135,396
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$396,750
Liabilities. Value of operating payables at end of year2020-12-31$773
Liabilities. Value of operating payables 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$1,514,105
Value of net assets at end of year (total assets less liabilities)2020-12-31$4,437,104
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$2,922,999
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 pooled separate accounts at end of year2020-12-31$4,112,694
Value of interest in pooled separate accounts at beginning of year2020-12-31$2,661,798
Interest on participant loans2020-12-31$8,092
Value of interest in common/collective trusts at end of year2020-12-31$0
Value of interest in common/collective trusts at beginning of year2020-12-31$0
Net investment gain/loss from pooled separate accounts2020-12-31$612,749
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
Contributions received in cash from employer2020-12-31$182,531
Employer contributions (assets) at end of year2020-12-31$182,531
Employer contributions (assets) at beginning of year2020-12-31$125,805
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$223,440
Contract administrator fees2020-12-31$1,450
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 plan2020-12-31Unqualified
Accountancy firm name2020-12-31MARCUM LLP
Accountancy firm EIN2020-12-31111986323

Form 5500 Responses for ABLE EQUIPMENT RENTAL, INC. 401(K) PLAN

2023: ABLE EQUIPMENT RENTAL, INC. 401(K) PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement – InsuranceYes
2023-01-01Plan benefit arrangement - TrustYes
2022: ABLE EQUIPMENT RENTAL, INC. 401(K) 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 – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: ABLE EQUIPMENT RENTAL, INC. 401(K) 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 – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: ABLE EQUIPMENT RENTAL, INC. 401(K) 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 – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number81B953
Policy instance 1
Insurance contract or identification number81B953
Number of Individuals Covered79
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $24,087
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
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?No
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
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number81B953
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number81B953
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number81B953
Policy instance 1

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1