MORVENT'S ONE HOUR HEATING & AIR CONDITIONING has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MORVENT HEATING & AIR CONDITIONING 401(K) PROFIT SHARING PLAN
401k plan membership statisitcs for MORVENT HEATING & AIR CONDITIONING 401(K) PROFIT SHARING PLAN
Measure | Date | Value |
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2022 : MORVENT HEATING & AIR CONDITIONING 401(K) PROFIT SHARING PLAN 2022 401k financial data |
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Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $12,439 |
Total income from all sources (including contributions) | 2022-12-31 | $219,506 |
Total of all expenses incurred | 2022-12-31 | $90,366 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $57,732 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $693,265 |
Value of total assets at end of year | 2022-12-31 | $3,143,673 |
Value of total assets at beginning of year | 2022-12-31 | $3,026,972 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $32,634 |
Total interest from all sources | 2022-12-31 | $6,715 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Administrative expenses professional fees incurred | 2022-12-31 | $975 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $75,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $419,968 |
Participant contributions at end of year | 2022-12-31 | $145,785 |
Participant contributions at beginning of year | 2022-12-31 | $172,453 |
Participant contributions at end of year | 2022-12-31 | $23,057 |
Participant contributions at beginning of year | 2022-12-31 | $8,466 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $66,363 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $6,492 |
Total non interest bearing cash at end of year | 2022-12-31 | $5,809 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $8,172 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $129,140 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $3,143,673 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $3,014,533 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Investment advisory and management fees | 2022-12-31 | $13,866 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $2,957,318 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $2,833,878 |
Interest on participant loans | 2022-12-31 | $6,715 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-480,474 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $206,934 |
Employer contributions (assets) at end of year | 2022-12-31 | $11,704 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $4,003 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $57,732 |
Contract administrator fees | 2022-12-31 | $17,793 |
Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $5,947 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | BELFINT, LYONS & SHUMAN, P.A. |
Accountancy firm EIN | 2022-12-31 | 510232399 |
2021 : MORVENT HEATING & AIR CONDITIONING 401(K) PROFIT SHARING PLAN 2021 401k financial data |
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Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $12,439 |
Total income from all sources (including contributions) | 2021-12-31 | $2,091,176 |
Total of all expenses incurred | 2021-12-31 | $480,820 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $450,798 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,778,084 |
Value of total assets at end of year | 2021-12-31 | $3,026,972 |
Value of total assets at beginning of year | 2021-12-31 | $1,404,177 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $30,022 |
Total interest from all sources | 2021-12-31 | $6,638 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Administrative expenses professional fees incurred | 2021-12-31 | $1,275 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $65,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $395,416 |
Participant contributions at end of year | 2021-12-31 | $172,453 |
Participant contributions at beginning of year | 2021-12-31 | $147,388 |
Participant contributions at end of year | 2021-12-31 | $8,466 |
Participant contributions at beginning of year | 2021-12-31 | $13,719 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $1,185,670 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $6,492 |
Total non interest bearing cash at end of year | 2021-12-31 | $8,172 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $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 | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $1,610,356 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $3,014,533 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $1,404,177 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $11,908 |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $2,833,878 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $1,236,178 |
Interest on participant loans | 2021-12-31 | $6,638 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $306,454 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $196,998 |
Employer contributions (assets) at end of year | 2021-12-31 | $4,003 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $6,892 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $450,798 |
Contract administrator fees | 2021-12-31 | $16,839 |
Liabilities. Value of benefit claims payable at end of year | 2021-12-31 | $5,947 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | BELFINT, LYONS & SHUMAN, P.A. |
Accountancy firm EIN | 2021-12-31 | 510232399 |