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Plan Name | UPSTATE FARMS DAIRY, LLC RETIREMENT PLAN |
Plan identification number | 007 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
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Company Name: | UPSTATE NIAGARA COOPERATIVE, INC. |
Employer identification number (EIN): | 160845625 |
NAIC Classification: | 112120 |
NAIC Description: | Dairy Cattle and Milk Production |
Additional information about UPSTATE NIAGARA COOPERATIVE, INC.
Jurisdiction of Incorporation: | New York Department of State |
Incorporation Date: | 1960-12-27 |
Company Identification Number: | 134073 |
Legal Registered Office Address: |
PO BOX 268 368 PLEASANT VIEW DRIVE LANCASTER United States of America (USA) 14086 |
More information about UPSTATE NIAGARA COOPERATIVE, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
007 | 2022-01-01 | ||||
007 | 2021-01-01 | ||||
007 | 2020-02-01 |
Measure | Date | Value |
---|---|---|
2022: UPSTATE FARMS DAIRY, LLC RETIREMENT PLAN 2022 401k membership | ||
Total participants, beginning-of-year | 2022-01-01 | 329 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 209 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 60 |
Total of all active and inactive participants | 2022-01-01 | 269 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
Total participants | 2022-01-01 | 269 |
Number of participants with account balances | 2022-01-01 | 261 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
2021: UPSTATE FARMS DAIRY, LLC RETIREMENT PLAN 2021 401k membership | ||
Total participants, beginning-of-year | 2021-01-01 | 236 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 206 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 112 |
Total of all active and inactive participants | 2021-01-01 | 318 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
Total participants | 2021-01-01 | 318 |
Number of participants with account balances | 2021-01-01 | 316 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
2020: UPSTATE FARMS DAIRY, LLC RETIREMENT PLAN 2020 401k membership | ||
Total participants, beginning-of-year | 2020-02-01 | 209 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-02-01 | 212 |
Number of retired or separated participants receiving benefits | 2020-02-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2020-02-01 | 23 |
Total of all active and inactive participants | 2020-02-01 | 235 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-02-01 | 0 |
Total participants | 2020-02-01 | 235 |
Number of participants with account balances | 2020-02-01 | 232 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-02-01 | 0 |
Measure | Date | Value |
---|---|---|
2022 : UPSTATE FARMS DAIRY, LLC RETIREMENT PLAN 2022 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total transfer of assets to this plan | 2022-12-31 | $0 |
Total transfer of assets from this plan | 2022-12-31 | $210,197 |
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 | $-66,329 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $1,235,928 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,219,313 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $8,659 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,254,173 |
Value of total assets at end of year | 2022-12-31 | $7,306,798 |
Value of total assets at beginning of year | 2022-12-31 | $8,819,252 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $7,956 |
Total interest from all sources | 2022-12-31 | $8,802 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $287,676 |
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 | $287,676 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $2,000,000 |
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 | $763,604 |
Participant contributions at end of year | 2022-12-31 | $181,755 |
Participant contributions at beginning of year | 2022-12-31 | $170,841 |
Participant contributions at end of year | 2022-12-31 | $14,073 |
Participant contributions at beginning of year | 2022-12-31 | $14,439 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $20,335 |
Other income not declared elsewhere | 2022-12-31 | $1,184 |
Administrative expenses (other) incurred | 2022-12-31 | $7,956 |
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 | $-1,302,257 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $7,306,798 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $8,819,252 |
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 | $7,020,010 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $8,364,749 |
Interest on participant loans | 2022-12-31 | $8,802 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $82,347 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $263,677 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,621,244 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $3,080 |
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 | Yes |
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 | $470,234 |
Employer contributions (assets) at end of year | 2022-12-31 | $8,613 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $5,546 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,219,313 |
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 | DOPKINS & COMPANY LLP |
Accountancy firm EIN | 2022-12-31 | 160929175 |
2021 : UPSTATE FARMS DAIRY, LLC RETIREMENT PLAN 2021 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total transfer of assets to this plan | 2021-12-31 | $0 |
Total transfer of assets from this plan | 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 | $2,092,175 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $1,595,655 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,579,967 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $8,814 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,144,426 |
Value of total assets at end of year | 2021-12-31 | $8,819,252 |
Value of total assets at beginning of year | 2021-12-31 | $8,322,732 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $6,874 |
Total interest from all sources | 2021-12-31 | $7,571 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $209,807 |
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 | $209,807 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $2,000,000 |
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 | $702,859 |
Participant contributions at end of year | 2021-12-31 | $170,841 |
Participant contributions at beginning of year | 2021-12-31 | $146,919 |
Participant contributions at end of year | 2021-12-31 | $14,439 |
Participant contributions at beginning of year | 2021-12-31 | $43,905 |
Other income not declared elsewhere | 2021-12-31 | $40 |
Administrative expenses (other) incurred | 2021-12-31 | $6,874 |
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 | $496,520 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $8,819,252 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $8,322,732 |
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 | $8,364,749 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $7,865,493 |
Interest on participant loans | 2021-12-31 | $7,571 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $263,677 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $227,513 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $724,733 |
Net investment gain or loss from common/collective trusts | 2021-12-31 | $5,598 |
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 | Yes |
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 | $441,567 |
Employer contributions (assets) at end of year | 2021-12-31 | $5,546 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $38,902 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,579,967 |
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 | DOPKINS & COMPANY LLP |
Accountancy firm EIN | 2021-12-31 | 160929175 |
2020 : UPSTATE FARMS DAIRY, LLC RETIREMENT PLAN 2020 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total transfer of assets to this plan | 2020-12-31 | $0 |
Total transfer of assets from this plan | 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 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $10,041,529 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $1,718,797 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $1,704,741 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $7,831 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $8,810,669 |
Value of total assets at end of year | 2020-12-31 | $8,322,732 |
Value of total assets at beginning of year | 2020-12-31 | $0 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $6,225 |
Total interest from all sources | 2020-12-31 | $4,426 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $248,015 |
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 | $248,015 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $2,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
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 | $635,384 |
Participant contributions at end of year | 2020-12-31 | $146,919 |
Participant contributions at end of year | 2020-12-31 | $43,905 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $7,776,445 |
Administrative expenses (other) incurred | 2020-12-31 | $6,225 |
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 | $8,322,732 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $8,322,732 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $0 |
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 | $7,865,493 |
Interest on participant loans | 2020-12-31 | $4,426 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $227,513 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $972,142 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $6,277 |
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 | Yes |
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 | $398,840 |
Employer contributions (assets) at end of year | 2020-12-31 | $38,902 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $1,704,741 |
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 | DOPKINS & COMPANY, LLP |
Accountancy firm EIN | 2020-12-31 | 160929175 |
2022: UPSTATE FARMS DAIRY, LLC RETIREMENT PLAN 2022 form 5500 responses | ||
---|---|---|
2022-01-01 | Type of plan entity | Single employer plan |
2022-01-01 | Submission has been amended | No |
2022-01-01 | This submission is the final filing | No |
2022-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2022-01-01 | Plan is a collectively bargained plan | No |
2022-01-01 | Plan funding arrangement – Trust | Yes |
2022-01-01 | Plan benefit arrangement - Trust | Yes |
2021: UPSTATE FARMS DAIRY, LLC RETIREMENT PLAN 2021 form 5500 responses | ||
2021-01-01 | Type of plan entity | Single employer plan |
2021-01-01 | Submission has been amended | No |
2021-01-01 | This submission is the final filing | No |
2021-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2021-01-01 | Plan is a collectively bargained plan | No |
2021-01-01 | Plan funding arrangement – Trust | Yes |
2021-01-01 | Plan benefit arrangement - Trust | Yes |
2020: UPSTATE FARMS DAIRY, LLC RETIREMENT PLAN 2020 form 5500 responses | ||
2020-02-01 | Type of plan entity | Single employer plan |
2020-02-01 | First time form 5500 has been submitted | Yes |
2020-02-01 | Submission has been amended | No |
2020-02-01 | This submission is the final filing | No |
2020-02-01 | This return/report is a short plan year return/report (less than 12 months) | Yes |
2020-02-01 | Plan is a collectively bargained plan | No |
2020-02-01 | Plan funding arrangement – Trust | Yes |
2020-02-01 | Plan benefit arrangement - Trust | Yes |