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INNOVATIVE REFRIGERATION SYSTEMS, INC. 401k Plan overview

Plan NameINNOVATIVE REFRIGERATION SYSTEMS, INC.
Plan identification number 001

INNOVATIVE REFRIGERATION SYSTEMS, INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

INNOVATIVE REFRIGERATION SYSTEMS INC. has sponsored the creation of one or more 401k plans.

Company Name:INNOVATIVE REFRIGERATION SYSTEMS INC.
Employer identification number (EIN):232725173
NAIC Classification:238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INNOVATIVE REFRIGERATION SYSTEMS, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01MELISSA BURWELL
0012023-01-01
0012023-01-01MELISSA BURWELL
0012022-01-01
0012022-01-01MELISSA BURWELL
0012021-01-01
0012021-01-01MELISSA BURWELL
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01MICHAEL DENNIS
0012016-01-01MICHAEL DENNIS MICHAEL DENNIS2017-10-12
0012016-01-01 MICHAEL DENNIS2019-04-30
0012015-01-01MICHAEL MCGINNIS2016-06-27 MICHAEL MCGINNIS2016-06-27
0012014-01-01MICHAEL MCGINNIS2015-07-13 MICHAEL MCGINNIS2015-07-13
0012013-01-01MICHAEL MCGINNIS2014-07-16 MICHAEL MCGINNIS2014-07-16
0012012-01-01SANDRA H.MCGINNIS2013-07-08 SANDRA H.MCGINNIS2013-07-08
0012011-01-01MICHAEL J. MCGINNIS JR.2012-07-04 MICHAEL J. MCGINNIS JR.2012-07-04
0012010-01-01MICHAEL J. MCGINNIS MICHAEL J. MCGINNIS2011-07-19
0012009-01-01MICHAEL MCGINNIS MICHAEL MCGINNIS2010-09-14

Plan Statistics for INNOVATIVE REFRIGERATION SYSTEMS, INC.

401k plan membership statisitcs for INNOVATIVE REFRIGERATION SYSTEMS, INC.

Measure Date Value
2023: INNOVATIVE REFRIGERATION SYSTEMS, INC. 2023 401k membership
Total participants, beginning-of-year2023-01-01297
Total number of active participants reported on line 7a of the Form 55002023-01-01283
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-0145
Total of all active and inactive participants2023-01-01328
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-01328
Number of participants with account balances2023-01-01308
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-0119
2022: INNOVATIVE REFRIGERATION SYSTEMS, INC. 2022 401k membership
Total participants, beginning-of-year2022-01-01248
Total number of active participants reported on line 7a of the Form 55002022-01-01235
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0162
Total of all active and inactive participants2022-01-01297
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01297
Number of participants with account balances2022-01-01268
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0130
2021: INNOVATIVE REFRIGERATION SYSTEMS, INC. 2021 401k membership
Total participants, beginning-of-year2021-01-01260
Total number of active participants reported on line 7a of the Form 55002021-01-01201
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0147
Total of all active and inactive participants2021-01-01248
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01248
Number of participants with account balances2021-01-01217
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0129
2020: INNOVATIVE REFRIGERATION SYSTEMS, INC. 2020 401k membership
Total participants, beginning-of-year2020-01-01230
Total number of active participants reported on line 7a of the Form 55002020-01-01213
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0138
Total of all active and inactive participants2020-01-01251
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01251
Number of participants with account balances2020-01-01212
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0117
2019: INNOVATIVE REFRIGERATION SYSTEMS, INC. 2019 401k membership
Total participants, beginning-of-year2019-01-01209
Total number of active participants reported on line 7a of the Form 55002019-01-01202
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0124
Total of all active and inactive participants2019-01-01226
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01226
Number of participants with account balances2019-01-01188
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0116
2018: INNOVATIVE REFRIGERATION SYSTEMS, INC. 2018 401k membership
Total participants, beginning-of-year2018-01-01190
Total number of active participants reported on line 7a of the Form 55002018-01-01170
Number of retired or separated participants receiving benefits2018-01-012
Number of other retired or separated participants entitled to future benefits2018-01-0128
Total of all active and inactive participants2018-01-01200
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01200
Number of participants with account balances2018-01-01145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-011
2017: INNOVATIVE REFRIGERATION SYSTEMS, INC. 2017 401k membership
Total participants, beginning-of-year2017-01-01169
Total number of active participants reported on line 7a of the Form 55002017-01-01146
Number of retired or separated participants receiving benefits2017-01-012
Number of other retired or separated participants entitled to future benefits2017-01-0127
Total of all active and inactive participants2017-01-01175
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01175
Number of participants with account balances2017-01-01122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-015
2016: INNOVATIVE REFRIGERATION SYSTEMS, INC. 2016 401k membership
Total participants, beginning-of-year2016-01-01131
Total number of active participants reported on line 7a of the Form 55002016-01-01141
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0117
Total of all active and inactive participants2016-01-01158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01158
Number of participants with account balances2016-01-01103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-012
2010: INNOVATIVE REFRIGERATION SYSTEMS, INC. 2010 401k membership
Total participants, beginning-of-year2010-01-0153
Total number of active participants reported on line 7a of the Form 55002010-01-0156
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-014
Total of all active and inactive participants2010-01-0160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0160
Number of participants with account balances2010-01-0133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: INNOVATIVE REFRIGERATION SYSTEMS, INC. 2009 401k membership
Total participants, beginning-of-year2009-01-0150
Total number of active participants reported on line 7a of the Form 55002009-01-0146
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-016
Total of all active and inactive participants2009-01-0152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0152
Number of participants with account balances2009-01-0133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on INNOVATIVE REFRIGERATION SYSTEMS, INC.

Measure Date Value
2023 : INNOVATIVE REFRIGERATION SYSTEMS, INC. 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total income from all sources (including contributions)2023-12-31$8,022,762
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$2,450,452
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$2,382,410
Value of total corrective distributions2023-12-31$4,231
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$4,097,968
Value of total assets at end of year2023-12-31$30,655,996
Value of total assets at beginning of year2023-12-31$25,083,686
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$63,811
Total interest from all sources2023-12-31$615
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$547,421
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2023-12-31$547,421
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$1,000,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$2,139,865
Participant contributions at end of year2023-12-31$0
Participant contributions at beginning of year2023-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$5,572,310
Value of net assets at end of year (total assets less liabilities)2023-12-31$30,655,996
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$25,083,686
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Investment advisory and management fees2023-12-31$54,754
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$27,572,879
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$21,106,569
Value of interest in common/collective trusts at end of year2023-12-31$3,077,882
Value of interest in common/collective trusts at beginning of year2023-12-31$3,933,475
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-12-31$5,235
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2023-12-31$43,642
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2023-12-31$43,642
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2023-12-31$615
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$3,314,135
Net investment gain or loss from common/collective trusts2023-12-31$62,623
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$1,958,103
Employer contributions (assets) at end of year2023-12-31$0
Employer contributions (assets) at beginning of year2023-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$2,382,410
Contract administrator fees2023-12-31$9,057
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31YOUNT, HYDE & BARBOUR, P.C.
Accountancy firm EIN2023-12-31541149263
Total unrealized appreciation/depreciation of assets2023-01-01$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-01-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-01-01$0
Total income from all sources (including contributions)2023-01-01$8,022,762
Total loss/gain on sale of assets2023-01-01$0
Total of all expenses incurred2023-01-01$2,450,452
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-01-01$2,382,410
Value of total corrective distributions2023-01-01$4,231
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-01-01$4,097,968
Value of total assets at end of year2023-01-01$30,655,996
Value of total assets at beginning of year2023-01-01$25,083,686
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-01-01$63,811
Total interest from all sources2023-01-01$615
Total dividends received (eg from common stock, registered investment company shares)2023-01-01$547,421
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-01-01No
Total dividends received from registered investment company shares (eg mutual funds)2023-01-01$547,421
Was this plan covered by a fidelity bond2023-01-01Yes
Value of fidelity bond cover2023-01-01$1,000,000
If this is an individual account plan, was there a blackout period2023-01-01No
Were there any nonexempt tranactions with any party-in-interest2023-01-01No
Contributions received from participants2023-01-01$2,139,865
Participant contributions at end of year2023-01-01$0
Participant contributions at beginning of year2023-01-01$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Value of net income/loss2023-01-01$5,572,310
Value of net assets at end of year (total assets less liabilities)2023-01-01$30,655,996
Value of net assets at beginning of year (total assets less liabilities)2023-01-01$25,083,686
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2023-01-01No
Were any leases to which the plan was party in default or uncollectible2023-01-01No
Investment advisory and management fees2023-01-01$54,754
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-01-01$27,572,879
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-01-01$21,106,569
Value of interest in common/collective trusts at end of year2023-01-01$3,077,882
Value of interest in common/collective trusts at beginning of year2023-01-01$3,933,475
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-01-01$5,235
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2023-01-01$615
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-01-01$3,314,135
Net investment gain or loss from common/collective trusts2023-01-01$62,623
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-01-01No
Was there a failure to transmit to the plan any participant contributions2023-01-01No
Has the plan failed to provide any benefit when due under the plan2023-01-01No
Contributions received in cash from employer2023-01-01$1,958,103
Employer contributions (assets) at end of year2023-01-01$0
Employer contributions (assets) at beginning of year2023-01-01$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-01-01$2,382,410
Contract administrator fees2023-01-01$9,057
Did the plan have assets held for investment2023-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-01-01No
Opinion of an independent qualified public accountant for this plan2023-01-011
Accountancy firm name2023-01-01YOUNT, HYDE & BARBOUR, P.C.
Accountancy firm EIN2023-01-01541149263
2022 : INNOVATIVE REFRIGERATION SYSTEMS, INC. 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
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$0
Total income from all sources (including contributions)2022-12-31$-829,796
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$1,346,748
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,310,634
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$3,511,720
Value of total assets at end of year2022-12-31$25,083,686
Value of total assets at beginning of year2022-12-31$27,260,230
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$36,114
Total interest from all sources2022-12-31$314
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$359,812
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$359,812
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 period2022-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,808,805
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$45,036
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$62,245
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-2,176,544
Value of net assets at end of year (total assets less liabilities)2022-12-31$25,083,686
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$27,260,230
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
Investment advisory and management fees2022-12-31$463
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$21,106,569
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$25,155,534
Value of interest in common/collective trusts at end of year2022-12-31$3,933,475
Value of interest in common/collective trusts at beginning of year2022-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$43,642
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$2,021,181
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$2,021,181
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$314
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-4,731,642
Net investment gain or loss from common/collective trusts2022-12-31$30,000
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
Contributions received in cash from employer2022-12-31$1,640,670
Employer contributions (assets) at end of year2022-12-31$0
Employer contributions (assets) at beginning of year2022-12-31$38,479
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,310,634
Contract administrator fees2022-12-31$35,651
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31Yes
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 name2022-12-31YOUNT, HYDE & BARBOUR, P.C.
Accountancy firm EIN2022-12-31541149263
Total unrealized appreciation/depreciation of assets2022-01-01$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total income from all sources (including contributions)2022-01-01$-829,796
Total loss/gain on sale of assets2022-01-01$0
Total of all expenses incurred2022-01-01$1,346,748
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$1,310,634
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$3,511,720
Value of total assets at end of year2022-01-01$25,083,686
Value of total assets at beginning of year2022-01-01$27,260,230
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$36,114
Total interest from all sources2022-01-01$314
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$359,812
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Total dividends received from registered investment company shares (eg mutual funds)2022-01-01$359,812
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$1,000,000
If this is an individual account plan, was there a blackout period2022-01-01Yes
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$1,808,805
Participant contributions at end of year2022-01-01$0
Participant contributions at beginning of year2022-01-01$45,036
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$62,245
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$-2,176,544
Value of net assets at end of year (total assets less liabilities)2022-01-01$25,083,686
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$27,260,230
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Investment advisory and management fees2022-01-01$463
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-01-01$21,106,569
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-01-01$25,155,534
Value of interest in common/collective trusts at end of year2022-01-01$3,933,475
Value of interest in common/collective trusts at beginning of year2022-01-01$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-01-01$43,642
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-01-01$314
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-01-01$-4,731,642
Net investment gain or loss from common/collective trusts2022-01-01$30,000
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$1,640,670
Employer contributions (assets) at end of year2022-01-01$0
Employer contributions (assets) at beginning of year2022-01-01$38,479
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$1,310,634
Contract administrator fees2022-01-01$35,651
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-01-01Yes
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01YOUNT, HYDE & BARBOUR, P.C.
Accountancy firm EIN2022-01-01541149263
2021 : INNOVATIVE REFRIGERATION SYSTEMS, INC. 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$8,956
Total income from all sources (including contributions)2021-12-31$6,697,981
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$2,864,119
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$2,786,318
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$3,110,009
Value of total assets at end of year2021-12-31$27,260,230
Value of total assets at beginning of year2021-12-31$23,435,324
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$77,801
Total interest from all sources2021-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$2,139,501
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$2,139,501
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
Contributions received from participants2021-12-31$1,611,948
Participant contributions at end of year2021-12-31$45,036
Participant contributions at beginning of year2021-12-31$52,451
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$8,956
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$3,833,862
Value of net assets at end of year (total assets less liabilities)2021-12-31$27,260,230
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$23,426,368
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
Investment advisory and management fees2021-12-31$77,801
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$25,155,534
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$21,615,688
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$2,021,181
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$1,728,328
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$1,728,328
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$1,448,471
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
Contributions received in cash from employer2021-12-31$1,498,061
Employer contributions (assets) at end of year2021-12-31$38,479
Employer contributions (assets) at beginning of year2021-12-31$38,857
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$2,786,318
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
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31YOUNT, HYDE & BARBOUR, P.C.
Accountancy firm EIN2021-12-31541149263
2020 : INNOVATIVE REFRIGERATION SYSTEMS, INC. 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$5,817,981
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$849,001
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$789,331
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$2,896,853
Value of total assets at end of year2020-12-31$23,435,324
Value of total assets at beginning of year2020-12-31$18,466,344
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$59,670
Total interest from all sources2020-12-31$13,428
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$726,007
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$726,007
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$1,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$1,504,255
Participant contributions at end of year2020-12-31$52,451
Participant contributions at beginning of year2020-12-31$18,892
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$3,954
Administrative expenses (other) incurred2020-12-31$59,670
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$4,968,980
Value of net assets at end of year (total assets less liabilities)2020-12-31$23,435,324
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$18,466,344
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$21,615,688
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$17,133,131
Value of interest in common/collective trusts at beginning of year2020-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$1,728,328
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$1,300,429
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$1,300,429
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$13,428
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$2,181,693
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$1,388,644
Employer contributions (assets) at end of year2020-12-31$38,857
Employer contributions (assets) at beginning of year2020-12-31$13,892
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$789,331
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31YOUNT, HYDE & BARBOUR, P.C.
Accountancy firm EIN2020-12-31541149263
2019 : INNOVATIVE REFRIGERATION SYSTEMS, INC. 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$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$5,750,827
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$519,949
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$468,844
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$2,587,878
Value of total assets at end of year2019-12-31$18,466,344
Value of total assets at beginning of year2019-12-31$13,235,466
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$51,105
Total interest from all sources2019-12-31$4,839
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$573,242
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$573,242
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$100,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$1,340,844
Participant contributions at end of year2019-12-31$18,892
Participant contributions at beginning of year2019-12-31$40,995
Administrative expenses (other) incurred2019-12-31$51,105
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$5,230,878
Value of net assets at end of year (total assets less liabilities)2019-12-31$18,466,344
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$13,235,466
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$17,133,131
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$11,985,827
Value of interest in common/collective trusts at end of year2019-12-31$0
Value of interest in common/collective trusts at beginning of year2019-12-31$1,177,626
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$1,300,429
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$4,839
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$2,562,494
Net investment gain or loss from common/collective trusts2019-12-31$22,374
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$1,247,034
Employer contributions (assets) at end of year2019-12-31$13,892
Employer contributions (assets) at beginning of year2019-12-31$31,018
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$468,844
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31YOUNT, HYDE & BARBOUR, P.C.
Accountancy firm EIN2019-12-31541149263
2018 : INNOVATIVE REFRIGERATION SYSTEMS, INC. 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$1,196,679
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$504,423
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$468,879
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$2,138,188
Value of total assets at end of year2018-12-31$13,235,466
Value of total assets at beginning of year2018-12-31$12,543,210
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$35,544
Total interest from all sources2018-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$569,287
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$569,287
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$100,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$1,146,351
Participant contributions at end of year2018-12-31$40,995
Participant contributions at beginning of year2018-12-31$27,720
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$692,256
Value of net assets at end of year (total assets less liabilities)2018-12-31$13,235,466
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$12,543,210
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$34,707
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$11,985,827
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$11,691,241
Value of interest in common/collective trusts at end of year2018-12-31$1,177,626
Value of interest in common/collective trusts at beginning of year2018-12-31$801,463
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-1,528,173
Net investment gain or loss from common/collective trusts2018-12-31$17,377
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$991,837
Employer contributions (assets) at end of year2018-12-31$31,018
Employer contributions (assets) at beginning of year2018-12-31$22,786
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$468,879
Contract administrator fees2018-12-31$837
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31YOUNT, HYDE & BARBOUR, P.C.
Accountancy firm EIN2018-12-31541149263
2017 : INNOVATIVE REFRIGERATION SYSTEMS, INC. 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$18,280
Total income from all sources (including contributions)2017-12-31$3,455,557
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$463,766
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$435,662
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,725,363
Value of total assets at end of year2017-12-31$12,543,210
Value of total assets at beginning of year2017-12-31$9,569,699
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$28,104
Total interest from all sources2017-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$413,993
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$413,993
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$100,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$878,879
Participant contributions at end of year2017-12-31$27,720
Participant contributions at beginning of year2017-12-31$21,065
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$18,280
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$2,991,791
Value of net assets at end of year (total assets less liabilities)2017-12-31$12,543,210
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$9,551,419
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$27,317
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$11,691,241
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$8,773,557
Value of interest in common/collective trusts at end of year2017-12-31$801,463
Value of interest in common/collective trusts at beginning of year2017-12-31$758,508
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,302,580
Net investment gain or loss from common/collective trusts2017-12-31$13,621
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$846,484
Employer contributions (assets) at end of year2017-12-31$22,786
Employer contributions (assets) at beginning of year2017-12-31$16,569
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$435,662
Contract administrator fees2017-12-31$787
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31YOUNT, HYDE & BARBOUR, P.C.
Accountancy firm EIN2017-12-31541149263
2016 : INNOVATIVE REFRIGERATION SYSTEMS, INC. 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$18,280
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$2,022,811
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$308,483
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$286,373
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,258,793
Value of total assets at end of year2016-12-31$9,569,699
Value of total assets at beginning of year2016-12-31$7,837,091
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$22,110
Total interest from all sources2016-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$299,905
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$299,905
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$100,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$646,636
Participant contributions at end of year2016-12-31$21,065
Participant contributions at beginning of year2016-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$4,656
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$18,280
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$1,714,328
Value of net assets at end of year (total assets less liabilities)2016-12-31$9,551,419
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$7,837,091
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$21,725
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$8,773,557
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$7,200,382
Value of interest in common/collective trusts at end of year2016-12-31$758,508
Value of interest in common/collective trusts at beginning of year2016-12-31$636,709
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$450,954
Net investment gain or loss from common/collective trusts2016-12-31$13,159
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$607,501
Employer contributions (assets) at end of year2016-12-31$16,569
Employer contributions (assets) at beginning of year2016-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$286,373
Contract administrator fees2016-12-31$385
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31JOSEPH M. SUNDHEIM, CPA
Accountancy firm EIN2016-12-31232934298
2010 : INNOVATIVE REFRIGERATION SYSTEMS, INC. 2010 401k financial data
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$871,956
Expenses. Total of all expenses incurred2010-12-31$290,325
Benefits paid (including direct rollovers)2010-12-31$281,467
Total plan assets at end of year2010-12-31$3,775,983
Total plan assets at beginning of year2010-12-31$3,194,352
Value of fidelity bond covering the plan2010-12-31$500,000
Total contributions received or receivable from participants2010-12-31$262,768
Other income received2010-12-31$356,055
Net income (gross income less expenses)2010-12-31$581,631
Net plan assets at end of year (total assets less liabilities)2010-12-31$3,775,983
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$3,194,352
Total contributions received or receivable from employer(s)2010-12-31$253,133
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$8,858
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : INNOVATIVE REFRIGERATION SYSTEMS, INC. 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for INNOVATIVE REFRIGERATION SYSTEMS, INC.

2023: INNOVATIVE REFRIGERATION SYSTEMS, INC. 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: INNOVATIVE REFRIGERATION SYSTEMS, INC. 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: INNOVATIVE REFRIGERATION SYSTEMS, INC. 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: INNOVATIVE REFRIGERATION SYSTEMS, INC. 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: INNOVATIVE REFRIGERATION SYSTEMS, INC. 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: INNOVATIVE REFRIGERATION SYSTEMS, INC. 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: INNOVATIVE REFRIGERATION SYSTEMS, INC. 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: INNOVATIVE REFRIGERATION SYSTEMS, INC. 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
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
2010: INNOVATIVE REFRIGERATION SYSTEMS, INC. 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: INNOVATIVE REFRIGERATION SYSTEMS, INC. 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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