INNOVATIVE CONSULTING & MANAGEMENT SERVICES, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan INNOVATIVE CONSULTING & MANAGEMENT SERVICES LLC 401(K) PLAN
401k plan membership statisitcs for INNOVATIVE CONSULTING & MANAGEMENT SERVICES LLC 401(K) PLAN
Measure | Date | Value |
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2022 : INNOVATIVE CONSULTING & MANAGEMENT SERVICES LLC 401(K) PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $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 | $455,004 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $114,399 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $91,564 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $743,232 |
Value of total assets at end of year | 2022-12-31 | $1,986,841 |
Value of total assets at beginning of year | 2022-12-31 | $1,646,236 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $22,835 |
Total interest from all sources | 2022-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $10,000 |
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 | $341,973 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $123,993 |
Total non interest bearing cash at end of year | 2022-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $4,307 |
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 | $340,605 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $1,986,841 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $1,646,236 |
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 | $327 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $0 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $1,930,265 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $1,580,368 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-288,228 |
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 | No |
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 | $277,266 |
Employer contributions (assets) at end of year | 2022-12-31 | $56,576 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $61,561 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $91,564 |
Contract administrator fees | 2022-12-31 | $22,508 |
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 | MARCUM LLP |
Accountancy firm EIN | 2022-12-31 | 111986323 |
2021 : INNOVATIVE CONSULTING & MANAGEMENT SERVICES LLC 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $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 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $631,172 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $132,859 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $117,640 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $438,817 |
Value of total assets at end of year | 2021-12-31 | $1,645,622 |
Value of total assets at beginning of year | 2021-12-31 | $1,147,309 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $15,219 |
Total interest from all sources | 2021-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $115,000 |
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 | $234,556 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $2,051 |
Other income not declared elsewhere | 2021-12-31 | $9,555 |
Total non interest bearing cash at end of year | 2021-12-31 | $4,335 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $10,619 |
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 | $498,313 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $1,645,622 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $1,147,309 |
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 | $15,219 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $0 |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $1,580,368 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $1,072,022 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $192,355 |
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 | No |
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 | $202,210 |
Employer contributions (assets) at end of year | 2021-12-31 | $60,919 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $64,668 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $117,640 |
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 | SKMB, P.A. |
Accountancy firm EIN | 2021-12-31 | 521645753 |