SFP HOLDING, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SUMMIT COMPANIES 401(K) PROFIT SHARING PLAN
Measure | Date | Value |
---|
2022 : SUMMIT COMPANIES 401(K) PROFIT SHARING 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 | $3,668,143 |
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 | $2,555,173 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $4,295,632 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $4,158,095 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $34,831 |
Value of total corrective distributions | 2022-12-31 | $89 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $11,081,729 |
Value of total assets at end of year | 2022-12-31 | $46,033,678 |
Value of total assets at beginning of year | 2022-12-31 | $44,105,994 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $102,617 |
Total interest from all sources | 2022-12-31 | $35,922 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
Was this plan covered by a fidelity bond | 2022-12-31 | No |
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 | $7,346,125 |
Participant contributions at end of year | 2022-12-31 | $520,419 |
Participant contributions at beginning of year | 2022-12-31 | $417,679 |
Participant contributions at beginning of year | 2022-12-31 | $216,119 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $1,241,966 |
Other income not declared elsewhere | 2022-12-31 | $10,160 |
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 | $-1,740,459 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $46,033,678 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $44,105,994 |
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 pooled separate accounts at end of year | 2022-12-31 | $42,427,225 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $41,326,465 |
Interest on participant loans | 2022-12-31 | $29,087 |
Interest earned on other investments | 2022-12-31 | $6,835 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $553,922 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $259,409 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-8,572,638 |
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 | $2,493,638 |
Employer contributions (assets) at end of year | 2022-12-31 | $2,532,112 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $1,886,322 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $4,158,095 |
Contract administrator fees | 2022-12-31 | $102,617 |
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 | PLANTE & MORAN, PLLC |
Accountancy firm EIN | 2022-12-31 | 381357951 |
2021 : SUMMIT COMPANIES 401(K) PROFIT SHARING 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 | $135,984 |
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 | $15,672,523 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $1,696,582 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,613,796 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $226 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $11,051,808 |
Value of total assets at end of year | 2021-12-31 | $44,105,994 |
Value of total assets at beginning of year | 2021-12-31 | $29,994,069 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $82,560 |
Total interest from all sources | 2021-12-31 | $21,738 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
Was this plan covered by a fidelity bond | 2021-12-31 | No |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $5,182,598 |
Participant contributions at end of year | 2021-12-31 | $417,679 |
Participant contributions at beginning of year | 2021-12-31 | $262,481 |
Participant contributions at end of year | 2021-12-31 | $216,119 |
Participant contributions at beginning of year | 2021-12-31 | $87,894 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $3,982,888 |
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 | $13,975,941 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $44,105,994 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $29,994,069 |
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 pooled separate accounts at end of year | 2021-12-31 | $41,326,465 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $28,278,020 |
Interest on participant loans | 2021-12-31 | $21,738 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $259,409 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $115,106 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $4,598,977 |
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 | $1,886,322 |
Employer contributions (assets) at end of year | 2021-12-31 | $1,886,322 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $1,250,568 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,613,796 |
Contract administrator fees | 2021-12-31 | $82,560 |
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 | BOULAY, PLLP |
Accountancy firm EIN | 2021-12-31 | 410887288 |
2020 : SUMMIT COMPANIES 401(K) PROFIT SHARING PLAN 2020 401k financial data |
---|
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 | $274 |
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 | $9,940,626 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $2,808,221 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $2,767,752 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $5,206 |
Value of total corrective distributions | 2020-12-31 | $1,074 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $5,568,216 |
Value of total assets at end of year | 2020-12-31 | $29,994,069 |
Value of total assets at beginning of year | 2020-12-31 | $22,861,390 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $34,189 |
Total interest from all sources | 2020-12-31 | $16,789 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | 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 | $3,693,708 |
Participant contributions at end of year | 2020-12-31 | $262,481 |
Participant contributions at beginning of year | 2020-12-31 | $218,384 |
Participant contributions at end of year | 2020-12-31 | $87,894 |
Participant contributions at beginning of year | 2020-12-31 | $92,075 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $573,010 |
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 | $7,132,405 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $29,993,795 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $22,861,390 |
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 pooled separate accounts at end of year | 2020-12-31 | $28,278,020 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $21,540,063 |
Interest on participant loans | 2020-12-31 | $13,778 |
Interest earned on other investments | 2020-12-31 | $3,011 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $115,106 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $98,208 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $4,355,621 |
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 | $1,301,498 |
Employer contributions (assets) at end of year | 2020-12-31 | $1,250,568 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $912,660 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $2,767,752 |
Contract administrator fees | 2020-12-31 | $34,189 |
Liabilities. Value of benefit claims payable at end of year | 2020-12-31 | $274 |
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 | BOULAY, PLLP |
Accountancy firm EIN | 2020-12-31 | 410887288 |