HAIR SYSTEMS INC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan HAIR SYSTEMS INC RETIREMENT SAVINGS PLAN
| Measure | Date | Value |
|---|
| 2025 : HAIR SYSTEMS INC RETIREMENT SAVINGS PLAN 2025 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2025-07-28 | 737988 |
| Net assets as of the end of the plan year | 2025-07-28 | 3662681 |
| Total assets as of the beginning of the plan year | 2025-07-28 | 3678322 |
| Value of plan covered by a fidelity bond | 2025-07-28 | 500000 |
| Participant contributions to plan in this plan year | 2025-07-28 | 167656 |
| Value of participant loans at end of plan year | 2025-07-28 | 110316 |
| Other expenses paid from plan in this plan year | 2025-07-28 | 11529 |
| Other income to plan in this plan year | 2025-07-28 | 408766 |
| Plan net income in this plan year | 2025-07-28 | -15641 |
| Net assets as of the end of the plan year | 2025-07-28 | 3662681 |
| Net assets as of the beginning of the plan year | 2025-07-28 | 3678322 |
| Employer contributions to plan in this plan year | 2025-07-28 | 145925 |
| 2024 : HAIR SYSTEMS INC RETIREMENT SAVINGS PLAN 2024 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2024-10-02 | 713889 |
| Net assets as of the end of the plan year | 2024-10-02 | 3678322 |
| Total assets as of the beginning of the plan year | 2024-10-02 | 3536958 |
| Value of plan covered by a fidelity bond | 2024-10-02 | 500000 |
| Participant contributions to plan in this plan year | 2024-10-02 | 219558 |
| Value of participant loans at end of plan year | 2024-10-02 | 121198 |
| Other income to plan in this plan year | 2024-10-02 | 468891 |
| Plan net income in this plan year | 2024-10-02 | 141364 |
| Net assets as of the end of the plan year | 2024-10-02 | 3678322 |
| Net assets as of the beginning of the plan year | 2024-10-02 | 3536958 |
| Employer contributions to plan in this plan year | 2024-10-02 | 166804 |
| 2015 : HAIR SYSTEMS INC RETIREMENT SAVINGS PLAN 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2015-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
| Total transfer of assets to this plan | 2015-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $6,685 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $4,927 |
| Expenses. Interest paid | 2015-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2015-12-31 | $0 |
| Total income from all sources (including contributions) | 2015-12-31 | $216,030 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $678,414 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $642,774 |
| Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $5,930 |
| Value of total corrective distributions | 2015-12-31 | $6,685 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $218,189 |
| Value of total assets at end of year | 2015-12-31 | $3,376,524 |
| Value of total assets at beginning of year | 2015-12-31 | $3,837,150 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $23,025 |
| Total income from rents | 2015-12-31 | $0 |
| Total interest from all sources | 2015-12-31 | $8,995 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Administrative expenses professional fees incurred | 2015-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $189,985 |
| Participant contributions at end of year | 2015-12-31 | $173,825 |
| Participant contributions at beginning of year | 2015-12-31 | $227,519 |
| Participant contributions at end of year | 2015-12-31 | $0 |
| Participant contributions at beginning of year | 2015-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $28,204 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2015-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $0 |
| Other income not declared elsewhere | 2015-12-31 | $1,203 |
| Administrative expenses (other) incurred | 2015-12-31 | $0 |
| Liabilities. Value of operating payables at end of year | 2015-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $4,927 |
| Total non interest bearing cash at end of year | 2015-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2015-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $-462,384 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $3,369,839 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $3,832,223 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Investment advisory and management fees | 2015-12-31 | $6,146 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $150,727 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $3,603,760 |
| Value of interest in pooled separate accounts at end of year | 2015-12-31 | $311,046 |
| Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $0 |
| Interest on participant loans | 2015-12-31 | $8,995 |
| Income. Interest from loans (other than to participants) | 2015-12-31 | $0 |
| Income. Interest from US Government securities | 2015-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2015-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2015-12-31 | $2,737,979 |
| Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $2,947 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $5,871 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2015-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-12,357 |
| Net gain/loss from 103.12 investment entities | 2015-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Contributions received in cash from employer | 2015-12-31 | $0 |
| Employer contributions (assets) at end of year | 2015-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $0 |
| Income. Dividends from preferred stock | 2015-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $642,774 |
| Contract administrator fees | 2015-12-31 | $16,879 |
| Liabilities. Value of benefit claims payable at end of year | 2015-12-31 | $6,685 |
| Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $0 |
| Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Aggregate proceeds on sale of assets | 2015-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | CITRIN COOPERMAN & COMPANY, LLP |
| Accountancy firm EIN | 2015-12-31 | 222428965 |
| 2014 : HAIR SYSTEMS INC RETIREMENT SAVINGS PLAN 2014 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $4,927 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $3,457 |
| Total income from all sources (including contributions) | 2014-12-31 | $414,172 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $383,843 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $381,905 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $236,786 |
| Value of total assets at end of year | 2014-12-31 | $3,837,150 |
| Value of total assets at beginning of year | 2014-12-31 | $3,805,351 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $1,938 |
| Total interest from all sources | 2014-12-31 | $6,962 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Administrative expenses professional fees incurred | 2014-12-31 | $1,938 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Contributions received from participants | 2014-12-31 | $181,453 |
| Participant contributions at end of year | 2014-12-31 | $227,519 |
| Participant contributions at beginning of year | 2014-12-31 | $123,001 |
| Liabilities. Value of operating payables at end of year | 2014-12-31 | $4,927 |
| Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $3,457 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $30,329 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $3,832,223 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $3,801,894 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $3,603,760 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $3,667,411 |
| Interest on participant loans | 2014-12-31 | $6,962 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $5,871 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $14,939 |
| Net investment gain/loss from pooled separate accounts | 2014-12-31 | $170,424 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Contributions received in cash from employer | 2014-12-31 | $55,333 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $381,905 |
| Did the plan have assets held for investment | 2014-12-31 | 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 | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | CITRIN COOPERMAN & COMPANY LLP |
| Accountancy firm EIN | 2014-12-31 | 222428965 |
| 2013 : HAIR SYSTEMS INC RETIREMENT SAVINGS PLAN 2013 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $3,457 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $7,040 |
| Total income from all sources (including contributions) | 2013-12-31 | $828,508 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $85,899 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $85,297 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $301,632 |
| Value of total assets at end of year | 2013-12-31 | $3,805,351 |
| Value of total assets at beginning of year | 2013-12-31 | $3,066,325 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $602 |
| Total interest from all sources | 2013-12-31 | $5,273 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Administrative expenses professional fees incurred | 2013-12-31 | $602 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Contributions received from participants | 2013-12-31 | $190,000 |
| Participant contributions at end of year | 2013-12-31 | $123,001 |
| Participant contributions at beginning of year | 2013-12-31 | $97,572 |
| Liabilities. Value of operating payables at end of year | 2013-12-31 | $3,457 |
| Liabilities. Value of operating payables at beginning of year | 2013-12-31 | $7,040 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $742,609 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $3,801,894 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $3,059,285 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $3,667,411 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $2,952,198 |
| Interest on participant loans | 2013-12-31 | $4,827 |
| Interest earned on other investments | 2013-12-31 | $446 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $14,939 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $13,940 |
| Net investment gain/loss from pooled separate accounts | 2013-12-31 | $521,603 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Contributions received in cash from employer | 2013-12-31 | $111,632 |
| Employer contributions (assets) at beginning of year | 2013-12-31 | $2,615 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $85,297 |
| Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | CITRIN COOPERMAN & COMPANY LLP |
| Accountancy firm EIN | 2013-12-31 | 222428965 |
| 2012 : HAIR SYSTEMS INC RETIREMENT SAVINGS PLAN 2012 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $7,040 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $4,882 |
| Total income from all sources (including contributions) | 2012-12-31 | $666,086 |
| Total loss/gain on sale of assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $155,682 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $127,501 |
| Value of total corrective distributions | 2012-12-31 | $26,127 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $372,013 |
| Value of total assets at end of year | 2012-12-31 | $3,066,325 |
| Value of total assets at beginning of year | 2012-12-31 | $2,553,763 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $2,054 |
| Total interest from all sources | 2012-12-31 | $294,073 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Administrative expenses professional fees incurred | 2012-12-31 | $2,054 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $350,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $181,815 |
| Participant contributions at end of year | 2012-12-31 | $97,572 |
| Participant contributions at beginning of year | 2012-12-31 | $144,996 |
| Liabilities. Value of operating payables at end of year | 2012-12-31 | $7,040 |
| Liabilities. Value of operating payables at beginning of year | 2012-12-31 | $4,882 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $510,404 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $3,059,285 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $2,548,881 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $2,952,198 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $2,395,578 |
| Interest on participant loans | 2012-12-31 | $7,071 |
| Interest earned on other investments | 2012-12-31 | $287,002 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $13,940 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $13,189 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Contributions received in cash from employer | 2012-12-31 | $190,198 |
| Employer contributions (assets) at end of year | 2012-12-31 | $2,615 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $127,501 |
| Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
| Accountancy firm name | 2012-12-31 | KREISCHER MILLER |
| Accountancy firm EIN | 2012-12-31 | 231980475 |
| 2011 : HAIR SYSTEMS INC RETIREMENT SAVINGS PLAN 2011 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $4,882 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $4,872 |
| Total income from all sources (including contributions) | 2011-12-31 | $108,434 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $136,303 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $107,316 |
| Value of total corrective distributions | 2011-12-31 | $26,837 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $162,723 |
| Value of total assets at end of year | 2011-12-31 | $2,553,763 |
| Value of total assets at beginning of year | 2011-12-31 | $2,581,622 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $2,150 |
| Total interest from all sources | 2011-12-31 | $-54,289 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Administrative expenses professional fees incurred | 2011-12-31 | $2,150 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $350,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $162,723 |
| Participant contributions at end of year | 2011-12-31 | $144,996 |
| Participant contributions at beginning of year | 2011-12-31 | $191,699 |
| Participant contributions at beginning of year | 2011-12-31 | $2,806 |
| Liabilities. Value of operating payables at end of year | 2011-12-31 | $4,882 |
| Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $4,872 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $-27,869 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $2,548,881 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $2,576,750 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $2,395,578 |
| Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $2,375,029 |
| Interest on participant loans | 2011-12-31 | $7,697 |
| Interest earned on other investments | 2011-12-31 | $-61,986 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $13,189 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $12,088 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $107,316 |
| Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
| Accountancy firm name | 2011-12-31 | KREISCHER MILLER |
| Accountancy firm EIN | 2011-12-31 | 231980475 |
| 2010 : HAIR SYSTEMS INC RETIREMENT SAVINGS PLAN 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $4,872 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $1,592 |
| Total income from all sources (including contributions) | 2010-12-31 | $422,703 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $242,204 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $239,554 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $172,127 |
| Value of total assets at end of year | 2010-12-31 | $2,581,622 |
| Value of total assets at beginning of year | 2010-12-31 | $2,397,843 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $2,650 |
| Total interest from all sources | 2010-12-31 | $250,576 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $350,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $172,127 |
| Participant contributions at end of year | 2010-12-31 | $191,699 |
| Participant contributions at beginning of year | 2010-12-31 | $205,486 |
| Participant contributions at end of year | 2010-12-31 | $2,806 |
| Participant contributions at beginning of year | 2010-12-31 | $2,507 |
| Liabilities. Value of operating payables at end of year | 2010-12-31 | $4,872 |
| Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $1,592 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $180,499 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $2,576,750 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $2,396,251 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $0 |
| Value of interest in pooled separate accounts at end of year | 2010-12-31 | $2,375,029 |
| Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $2,178,535 |
| Interest on participant loans | 2010-12-31 | $10,907 |
| Interest earned on other investments | 2010-12-31 | $239,669 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $12,088 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $11,315 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Employer contributions (assets) at end of year | 2010-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $239,554 |
| Contract administrator fees | 2010-12-31 | $2,650 |
| Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
| Accountancy firm name | 2010-12-31 | KREISCHER MILLER |
| Accountancy firm EIN | 2010-12-31 | 231980475 |
