INFINITY MACHINE & ENGINEERING CORP has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan INFINITY MACHINE & ENGINEERING, INC. 401(K) RETIREMENT SAVINGS PLAN
401k plan membership statisitcs for INFINITY MACHINE & ENGINEERING, INC. 401(K) RETIREMENT SAVINGS PLAN
Measure | Date | Value |
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2022 : INFINITY MACHINE & ENGINEERING, INC. 401(K) RETIREMENT SAVINGS PLAN 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 | $2,492 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $5,930 |
Total income from all sources (including contributions) | 2022-12-31 | $-1,317,688 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $209,414 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $145,969 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,302,641 |
Value of total assets at end of year | 2022-12-31 | $11,202,651 |
Value of total assets at beginning of year | 2022-12-31 | $12,733,191 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $63,445 |
Total interest from all sources | 2022-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $414,276 |
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 | $414,276 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $500,000 |
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 | $1,020,677 |
Participant contributions at end of year | 2022-12-31 | $40,887 |
Participant contributions at beginning of year | 2022-12-31 | $39,683 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $52,705 |
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 | $-1,527,102 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $11,200,159 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $12,727,261 |
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 | $63,445 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $10,314,618 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $11,846,822 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $617,887 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $649,250 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-3,034,605 |
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 | $229,259 |
Employer contributions (assets) at end of year | 2022-12-31 | $229,259 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $197,436 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $145,969 |
Liabilities. Value of benefit claims payable at end of year | 2022-12-31 | $2,492 |
Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $5,930 |
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 | HAWKINS ASH CPA |
Accountancy firm EIN | 2022-12-31 | 390912608 |
2021 : INFINITY MACHINE & ENGINEERING, INC. 401(K) RETIREMENT SAVINGS PLAN 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 | $5,930 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $13,487 |
Total income from all sources (including contributions) | 2021-12-31 | $2,879,617 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $312,726 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $249,186 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,160,445 |
Value of total assets at end of year | 2021-12-31 | $12,733,191 |
Value of total assets at beginning of year | 2021-12-31 | $10,173,857 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $63,540 |
Total interest from all sources | 2021-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $720,351 |
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 | $720,351 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
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 | $850,219 |
Participant contributions at end of year | 2021-12-31 | $39,683 |
Participant contributions at beginning of year | 2021-12-31 | $30,455 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $112,790 |
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 | $2,566,891 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $12,727,261 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $10,160,370 |
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 |
Investment advisory and management fees | 2021-12-31 | $63,540 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $11,846,822 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $9,399,582 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $649,250 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $565,591 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $998,821 |
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 | $197,436 |
Employer contributions (assets) at end of year | 2021-12-31 | $197,436 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $178,229 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $249,186 |
Liabilities. Value of benefit claims payable at end of year | 2021-12-31 | $5,930 |
Liabilities. Value of benefit claims payable at beginning of year | 2021-12-31 | $13,487 |
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 | HAWKINS ASH CPA |
Accountancy firm EIN | 2021-12-31 | 390912608 |
2020 : INFINITY MACHINE & ENGINEERING, INC. 401(K) RETIREMENT SAVINGS PLAN 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 | $13,487 |
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 | $2,621,508 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $194,146 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $149,267 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $965,752 |
Value of total assets at end of year | 2020-12-31 | $10,173,857 |
Value of total assets at beginning of year | 2020-12-31 | $7,733,008 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $44,879 |
Total interest from all sources | 2020-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $331,014 |
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 | $331,014 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
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 | $701,718 |
Participant contributions at end of year | 2020-12-31 | $30,455 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $85,805 |
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 | $2,427,362 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $10,160,370 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $7,733,008 |
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 |
Investment advisory and management fees | 2020-12-31 | $44,879 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $9,399,582 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $7,072,123 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $565,591 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $511,117 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,324,742 |
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 | $178,229 |
Employer contributions (assets) at end of year | 2020-12-31 | $178,229 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $149,768 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $149,267 |
Liabilities. Value of benefit claims payable at end of year | 2020-12-31 | $13,487 |
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 | HAWKINS ASH CPA |
Accountancy firm EIN | 2020-12-31 | 390912608 |
2019 : INFINITY MACHINE & ENGINEERING, INC. 401(K) RETIREMENT SAVINGS PLAN 2019 401k financial data |
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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 | $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 | $2,352,910 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $487,244 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $446,969 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $884,373 |
Value of total assets at end of year | 2019-12-31 | $7,733,008 |
Value of total assets at beginning of year | 2019-12-31 | $5,867,342 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $40,275 |
Total interest from all sources | 2019-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $237,090 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $237,090 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $610,688 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $123,917 |
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 | $1,865,666 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $7,733,008 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $5,867,342 |
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 leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $40,275 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $7,072,123 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $5,233,203 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $511,117 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $504,923 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $1,231,447 |
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 |
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 | $149,768 |
Employer contributions (assets) at end of year | 2019-12-31 | $149,768 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $129,216 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $446,969 |
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 |
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 |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | HERMANS & ASSOCIATES, CPA S.C. |
Accountancy firm EIN | 2019-12-31 | 391421794 |