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ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 002

ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Stock bonus
  • Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
  • The employer maintaining this ESOP is an S Corporation

401k Sponsoring company profile

ST. MICHAEL'S, INC. has sponsored the creation of one or more 401k plans.

Company Name:ST. MICHAEL'S, INC.
Employer identification number (EIN):205146971
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Additional information about ST. MICHAEL'S, INC.

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 2006-06-28
Company Identification Number: 0660977
Legal Registered Office Address: 3310 NOBLE POND WAY

WOODBRIDGE
United States of America (USA)
22193

More information about ST. MICHAEL'S, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01TODD BRYMER
0022017-01-01TODD BRYMER
0022016-01-01TODD BRYMER

Plan Statistics for ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022: ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01149
Total number of active participants reported on line 7a of the Form 55002022-01-0196
Number of retired or separated participants receiving benefits2022-01-014
Number of other retired or separated participants entitled to future benefits2022-01-0177
Total of all active and inactive participants2022-01-01177
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01177
Number of participants with account balances2022-01-01177
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0125
2021: ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01125
Total number of active participants reported on line 7a of the Form 55002021-01-0188
Number of retired or separated participants receiving benefits2021-01-0161
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-01149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01149
Number of participants with account balances2021-01-01148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0112
2020: ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01111
Total number of active participants reported on line 7a of the Form 55002020-01-0169
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0156
Total of all active and inactive participants2020-01-01125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01125
Number of participants with account balances2020-01-01125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0117
2019: ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0198
Total number of active participants reported on line 7a of the Form 55002019-01-0168
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0142
Total of all active and inactive participants2019-01-01110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011
Total participants2019-01-01111
Number of participants with account balances2019-01-01111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0123
2018: ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0163
Total number of active participants reported on line 7a of the Form 55002018-01-0184
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0114
Total of all active and inactive participants2018-01-0198
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0198
Number of participants with account balances2018-01-0196
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-015
2017: ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0163
Total number of active participants reported on line 7a of the Form 55002017-01-0154
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-019
Total of all active and inactive participants2017-01-0163
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0163
Number of participants with account balances2017-01-0163
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-018
2016: ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0167
Total number of active participants reported on line 7a of the Form 55002016-01-0163
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-0163
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0163
Number of participants with account balances2016-01-0163
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010

Financial Data on ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022 : ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$-776,872
Total unrealized appreciation/depreciation of assets2022-12-31$-776,872
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$0
Total income from all sources (including contributions)2022-12-31$-356,774
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$79,786
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$79,711
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$420,098
Value of total assets at end of year2022-12-31$3,303,268
Value of total assets at beginning of year2022-12-31$3,739,828
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$75
Total interest from all sources2022-12-31$0
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$1,000,000
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
Administrative expenses (other) incurred2022-12-31$75
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-436,560
Value of net assets at end of year (total assets less liabilities)2022-12-31$3,303,268
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$3,739,828
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 bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$345,682
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$5,468
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$5,468
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
Assets. Invements in employer securities at end of year2022-12-31$2,957,488
Assets. Invements in employer securities at beginning of year2022-12-31$3,734,360
Contributions received in cash from employer2022-12-31$420,098
Employer contributions (assets) at end of year2022-12-31$98
Employer contributions (assets) at beginning of year2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$79,711
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 name2022-12-31DAVIDSON DOYLE & HILTON, LLP
Accountancy firm EIN2022-12-31541953476
2021 : ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$578,297
Total unrealized appreciation/depreciation of assets2021-12-31$578,297
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$1,352,346
Expenses. Interest paid2021-12-31$21,898
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022021-12-31$21,898
Total income from all sources (including contributions)2021-12-31$1,978,118
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$43,507
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$21,551
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,399,821
Value of total assets at end of year2021-12-31$3,739,828
Value of total assets at beginning of year2021-12-31$3,157,563
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$58
Total interest from all sources2021-12-31$0
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$1,000,000
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
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$3,270
Administrative expenses (other) incurred2021-12-31$58
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$1,934,611
Value of net assets at end of year (total assets less liabilities)2021-12-31$3,739,828
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$1,805,217
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 bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$5,468
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$1,500
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$1,500
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
Assets. Invements in employer securities at end of year2021-12-31$3,734,360
Assets. Invements in employer securities at beginning of year2021-12-31$3,156,063
Contributions received in cash from employer2021-12-31$1,396,551
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$21,551
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
Liabilities. Value of acquisition indebtedness at end of year2021-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2021-12-31$1,352,346
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31DAVIDSON DOYLE & HILTON, LLP
Accountancy firm EIN2021-12-31541953476
2020 : ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Total plan liabilities at end of year2020-12-31$1,352,346
Total plan liabilities at beginning of year2020-12-31$1,740,612
Total income from all sources2020-12-31$865,081
Expenses. Total of all expenses incurred2020-12-31$67,093
Benefits paid (including direct rollovers)2020-12-31$36,551
Total plan assets at end of year2020-12-31$3,157,563
Total plan assets at beginning of year2020-12-31$2,747,841
Value of fidelity bond covering the plan2020-12-31$1,000,000
Expenses. Other expenses not covered elsewhere2020-12-31$30,542
Other income received2020-12-31$409,722
Net income (gross income less expenses)2020-12-31$797,988
Net plan assets at end of year (total assets less liabilities)2020-12-31$1,805,217
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$1,007,229
Assets. Value of employer securities2020-12-31$3,156,063
Total contributions received or receivable from employer(s)2020-12-31$455,359
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Total plan liabilities at end of year2019-12-31$1,740,612
Total plan liabilities at beginning of year2019-12-31$2,450,023
Total income from all sources2019-12-31$-498,861
Expenses. Total of all expenses incurred2019-12-31$59,339
Benefits paid (including direct rollovers)2019-12-31$18,750
Total plan assets at end of year2019-12-31$2,747,841
Total plan assets at beginning of year2019-12-31$4,015,452
Value of fidelity bond covering the plan2019-12-31$1,000,000
Expenses. Other expenses not covered elsewhere2019-12-31$40,589
Other income received2019-12-31$-1,266,311
Net income (gross income less expenses)2019-12-31$-558,200
Net plan assets at end of year (total assets less liabilities)2019-12-31$1,007,229
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,565,429
Assets. Value of employer securities2019-12-31$2,746,341
Total contributions received or receivable from employer(s)2019-12-31$767,450
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Total plan liabilities at end of year2018-12-31$2,450,023
Total plan liabilities at beginning of year2018-12-31$3,263,930
Total income from all sources2018-12-31$-195,695
Expenses. Total of all expenses incurred2018-12-31$52,134
Total plan assets at end of year2018-12-31$4,015,452
Total plan assets at beginning of year2018-12-31$5,077,188
Value of fidelity bond covering the plan2018-12-31$1,000,000
Expenses. Other expenses not covered elsewhere2018-12-31$52,134
Other income received2018-12-31$-614,503
Net income (gross income less expenses)2018-12-31$-247,829
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,565,429
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,813,258
Assets. Value of employer securities2018-12-31$4,012,652
Total contributions received or receivable from employer(s)2018-12-31$418,808
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Total plan liabilities at end of year2017-12-31$3,263,930
Total plan liabilities at beginning of year2017-12-31$3,833,894
Total income from all sources2017-12-31$1,883,348
Expenses. Total of all expenses incurred2017-12-31$48,844
Total plan assets at end of year2017-12-31$5,077,188
Total plan assets at beginning of year2017-12-31$3,812,648
Value of fidelity bond covering the plan2017-12-31$1,000,000
Expenses. Other expenses not covered elsewhere2017-12-31$48,844
Other income received2017-12-31$1,264,540
Net income (gross income less expenses)2017-12-31$1,834,504
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,813,258
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$-21,246
Assets. Value of employer securities2017-12-31$5,074,387
Total contributions received or receivable from employer(s)2017-12-31$618,808
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data
Total plan liabilities at end of year2016-12-31$3,833,894
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$-7,432
Expenses. Total of all expenses incurred2016-12-31$13,814
Total plan assets at end of year2016-12-31$3,812,648
Total plan assets at beginning of year2016-12-31$0
Value of fidelity bond covering the plan2016-12-31$400,000
Expenses. Other expenses not covered elsewhere2016-12-31$13,814
Other income received2016-12-31$-187,432
Net income (gross income less expenses)2016-12-31$-21,246
Net plan assets at end of year (total assets less liabilities)2016-12-31$-21,246
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$0
Assets. Value of employer securities2016-12-31$3,812,648
Total contributions received or receivable from employer(s)2016-12-31$180,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0

Form 5500 Responses for ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN

2022: ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP 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 – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP 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 – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP 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 – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: ST. MICHAEL'S INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01First time form 5500 has been submittedYes
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

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