KASPIEN INC. has sponsored the creation of one or more 401k plans.
Additional information about KASPIEN INC.
Submission information for form 5500 for 401k plan KASPIEN INC. 401(K) PLAN
| Measure | Date | Value |
|---|
| 2024 : KASPIEN INC. 401(K) PLAN 2024 401k financial data |
|---|
| Total income from all sources (including contributions) | 2024-01-01 | $137,496 |
| Total of all expenses incurred | 2024-01-01 | $4,132,112 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2024-01-01 | $4,116,497 |
| Value of total assets at end of year | 2024-01-01 | $0 |
| Value of total assets at beginning of year | 2024-01-01 | $3,994,616 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2024-01-01 | $15,615 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2024-01-01 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2024-01-01 | $0 |
| Was this plan covered by a fidelity bond | 2024-01-01 | Yes |
| Value of fidelity bond cover | 2024-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2024-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2024-01-01 | No |
| Total non interest bearing cash at end of year | 2024-01-01 | $0 |
| Total non interest bearing cash at beginning of year | 2024-01-01 | $5,998 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2024-01-01 | No |
| Value of net income/loss | 2024-01-01 | $-3,994,616 |
| Value of net assets at end of year (total assets less liabilities) | 2024-01-01 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2024-01-01 | $3,994,616 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2024-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2024-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2024-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2024-01-01 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2024-01-01 | $3,988,618 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2024-01-01 | $137,496 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2024-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2024-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2024-01-01 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2024-01-01 | $4,116,497 |
| Contract administrator fees | 2024-01-01 | $15,615 |
| Did the plan have assets held for investment | 2024-01-01 | No |
| 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 | 2024-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2024-01-01 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2024-01-01 | 1 |
| Accountancy firm name | 2024-01-01 | DECORIA, BLAIR & TEAGUE, PS |
| Accountancy firm EIN | 2024-01-01 | 260152208 |
| 2023 : KASPIEN INC. 401(K) PLAN 2023 401k financial data |
|---|
| Total income from all sources (including contributions) | 2023-12-31 | $1,259,688 |
| Total of all expenses incurred | 2023-12-31 | $760,515 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $722,419 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $638,363 |
| Value of total assets at end of year | 2023-12-31 | $3,994,616 |
| Value of total assets at beginning of year | 2023-12-31 | $3,495,443 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $38,096 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $391,808 |
| Total non interest bearing cash at end of year | 2023-12-31 | $5,998 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $13,750 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $499,173 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $3,994,616 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $3,495,443 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $3,988,618 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $3,481,693 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $621,325 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $246,555 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $722,419 |
| Contract administrator fees | 2023-12-31 | $38,096 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | DECORIA, BLAIR & TEAGUE, PS |
| Accountancy firm EIN | 2023-12-31 | 260152208 |
| Total income from all sources (including contributions) | 2023-01-01 | $1,259,688 |
| Total of all expenses incurred | 2023-01-01 | $760,515 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $722,419 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $638,363 |
| Value of total assets at end of year | 2023-01-01 | $3,994,616 |
| Value of total assets at beginning of year | 2023-01-01 | $3,495,443 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $38,096 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $391,808 |
| Total non interest bearing cash at end of year | 2023-01-01 | $5,998 |
| Total non interest bearing cash at beginning of year | 2023-01-01 | $13,750 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $499,173 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $3,994,616 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $3,495,443 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $3,988,618 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $3,481,693 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $621,325 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $246,555 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $722,419 |
| Contract administrator fees | 2023-01-01 | $38,096 |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | DECORIA, BLAIR & TEAGUE, PS |
| Accountancy firm EIN | 2023-01-01 | 260152208 |
| 2022 : KASPIEN INC. 401(K) PLAN 2022 401k financial data |
|---|
| Total income from all sources (including contributions) | 2022-12-31 | $230,626 |
| Total of all expenses incurred | 2022-12-31 | $641,886 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $607,802 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $929,317 |
| Value of total assets at end of year | 2022-12-31 | $3,495,443 |
| Value of total assets at beginning of year | 2022-12-31 | $3,906,703 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $34,084 |
| 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 | $500,000 |
| 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 | $519,786 |
| Participant contributions at beginning of year | 2022-12-31 | $9 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $59,859 |
| Total non interest bearing cash at end of year | 2022-12-31 | $13,750 |
| 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 | $-411,260 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $3,495,443 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $3,906,703 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $3,481,693 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $3,906,694 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-698,691 |
| 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 | $349,672 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $607,802 |
| Contract administrator fees | 2022-12-31 | $34,084 |
| 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 | DECORIA, BLAIR & TEAGUE, PS |
| Accountancy firm EIN | 2022-12-31 | 260152208 |
| Total income from all sources (including contributions) | 2022-01-01 | $230,626 |
| Total of all expenses incurred | 2022-01-01 | $641,886 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $607,802 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $929,317 |
| Value of total assets at end of year | 2022-01-01 | $3,495,443 |
| Value of total assets at beginning of year | 2022-01-01 | $3,906,703 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $34,084 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $519,786 |
| Participant contributions at beginning of year | 2022-01-01 | $9 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $59,859 |
| Total non interest bearing cash at end of year | 2022-01-01 | $13,750 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-411,260 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $3,495,443 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $3,906,703 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $3,481,693 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $3,906,694 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-698,691 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $349,672 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $607,802 |
| Contract administrator fees | 2022-01-01 | $34,084 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | DECORIA, BLAIR & TEAGUE, PS |
| Accountancy firm EIN | 2022-01-01 | 260152208 |
| 2021 : KASPIEN INC. 401(K) PLAN 2021 401k financial data |
|---|
| Total income from all sources (including contributions) | 2021-12-31 | $1,351,966 |
| Total of all expenses incurred | 2021-12-31 | $874,862 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $841,164 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $826,873 |
| Value of total assets at end of year | 2021-12-31 | $3,906,703 |
| Value of total assets at beginning of year | 2021-12-31 | $3,429,599 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $33,698 |
| 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 | $33,698 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| 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 | $485,661 |
| Participant contributions at end of year | 2021-12-31 | $9 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $24,671 |
| 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 | $477,104 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $3,906,703 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $3,429,599 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $3,906,694 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $3,429,599 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $525,093 |
| 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 | $316,541 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $841,164 |
| 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 | DECORIA, BLAIR & TEAGUE, PS |
| Accountancy firm EIN | 2021-12-31 | 260152208 |
| 2020 : KASPIEN INC. 401(K) PLAN 2020 401k financial data |
|---|
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $1,194 |
| Total income from all sources (including contributions) | 2020-12-31 | $1,246,664 |
| Total of all expenses incurred | 2020-12-31 | $315,465 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $288,783 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $725,571 |
| Value of total assets at end of year | 2020-12-31 | $3,429,599 |
| Value of total assets at beginning of year | 2020-12-31 | $2,499,594 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $26,682 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Administrative expenses professional fees incurred | 2020-12-31 | $600 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $423,992 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $36,083 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $1,194 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $931,199 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $3,429,599 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $2,498,400 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Investment advisory and management fees | 2020-12-31 | $10,561 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $3,429,599 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $2,499,594 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $521,093 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $265,496 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $288,783 |
| Contract administrator fees | 2020-12-31 | $15,521 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | DECORIA, MAICHEL & TEAGUE PS |
| Accountancy firm EIN | 2020-12-31 | 911632354 |
| 2019 : KASPIEN INC. 401(K) PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $1,194 |
| 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 | $1,188,957 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $259,369 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $237,104 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $766,085 |
| Value of total assets at end of year | 2019-12-31 | $2,499,594 |
| Value of total assets at beginning of year | 2019-12-31 | $1,568,812 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $22,265 |
| Total interest from all sources | 2019-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Administrative expenses professional fees incurred | 2019-12-31 | $1,300 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $451,922 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $2,137 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $1,194 |
| Administrative expenses (other) incurred | 2019-12-31 | $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 | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $929,588 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $2,498,400 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $1,568,812 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Investment advisory and management fees | 2019-12-31 | $8,096 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $2,499,594 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $1,568,812 |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $422,872 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $312,026 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $237,104 |
| Contract administrator fees | 2019-12-31 | $12,869 |
| Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | DECORIA, MAICHEL & TEAGUE PS |
| Accountancy firm EIN | 2019-12-31 | 911632354 |
| 2018 : KASPIEN INC. 401(K) PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $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 | $511,335 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $126,786 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $123,292 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $649,598 |
| Value of total assets at end of year | 2018-12-31 | $1,568,812 |
| Value of total assets at beginning of year | 2018-12-31 | $1,184,263 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $3,494 |
| Total interest from all sources | 2018-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Administrative expenses professional fees incurred | 2018-12-31 | $600 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $358,046 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2018-12-31 | $1,295 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $384,549 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $1,568,812 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $1,184,263 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Investment advisory and management fees | 2018-12-31 | $1,051 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $1,568,812 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $1,184,263 |
| Value of interest in pooled separate accounts at end of year | 2018-12-31 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-138,263 |
| Net investment gain/loss from pooled separate accounts | 2018-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $291,552 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $121,997 |
| Contract administrator fees | 2018-12-31 | $1,843 |
| Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | DECORIA, MAICHEL & TEAGUE PS |
| Accountancy firm EIN | 2018-12-31 | 911632354 |
