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LOTUS HR, INC. 401(K) PLAN 401k Plan overview

Plan NameLOTUS HR, INC. 401(K) PLAN
Plan identification number 333

LOTUS HR, INC. 401(K) PLAN 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.
  • 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.

401k Sponsoring company profile

LOTUS HR, INC. has sponsored the creation of one or more 401k plans.

Company Name:LOTUS HR, INC.
Employer identification number (EIN):274313896
NAIC Classification:561300

Additional information about LOTUS HR, INC.

Jurisdiction of Incorporation: Alabama Secretary of State
Incorporation Date: 2010-12-21
Company Identification Number: 266-016
Legal Registered Office Address: 4256 LOMAC STREET MONTGOMERY,


United States of America (USA)
36106

More information about LOTUS HR, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LOTUS HR, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
3332022-01-01BAYLOR WOOD2023-10-02 BAYLOR WOOD2023-10-02
3332021-01-01
3332020-01-01
3332020-01-01
3332020-01-01
3332019-01-01
3332018-01-01
3332017-01-01BAYLOR WOOD BAYLOR WOOD2018-09-25
3332016-01-01BAYLOR WOOD BAYLOR WOOD2017-10-05
3332015-01-01BAYLOR WOOD BAYLOR WOOD2016-10-10
3332014-01-01BAYLOR WOOD BAYLOR WOOD2015-10-01
3332013-01-01BAYLOR WOOD BAYLOR WOOD2014-10-06
3332012-01-01BAYLOR WOOD
3332011-01-01BAYLOR WOOD

Plan Statistics for LOTUS HR, INC. 401(K) PLAN

401k plan membership statisitcs for LOTUS HR, INC. 401(K) PLAN

Measure Date Value
2022: LOTUS HR, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01367
Total number of active participants reported on line 7a of the Form 55002022-01-01219
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0169
Total of all active and inactive participants2022-01-01288
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01288
Number of participants with account balances2022-01-01147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: LOTUS HR, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01317
Total number of active participants reported on line 7a of the Form 55002021-01-01242
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0182
Total of all active and inactive participants2021-01-01324
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01324
Number of participants with account balances2021-01-01173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0120
2020: LOTUS HR, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01320
Total number of active participants reported on line 7a of the Form 55002020-01-01228
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0178
Total of all active and inactive participants2020-01-01306
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01306
Number of participants with account balances2020-01-01171
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: LOTUS HR, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01309
Total number of active participants reported on line 7a of the Form 55002019-01-01186
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0192
Total of all active and inactive participants2019-01-01278
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01278
Number of participants with account balances2019-01-01164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: LOTUS HR, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01313
Total number of active participants reported on line 7a of the Form 55002018-01-01211
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0173
Total of all active and inactive participants2018-01-01284
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01284
Number of participants with account balances2018-01-01164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: LOTUS HR, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01322
Total number of active participants reported on line 7a of the Form 55002017-01-01230
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0169
Total of all active and inactive participants2017-01-01299
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01299
Number of participants with account balances2017-01-01173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: LOTUS HR, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01319
Total number of active participants reported on line 7a of the Form 55002016-01-01234
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0169
Total of all active and inactive participants2016-01-01303
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01303
Number of participants with account balances2016-01-01165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: LOTUS HR, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01295
Total number of active participants reported on line 7a of the Form 55002015-01-01230
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0164
Total of all active and inactive participants2015-01-01294
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01294
Number of participants with account balances2015-01-01161
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: LOTUS HR, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01330
Total number of active participants reported on line 7a of the Form 55002014-01-01210
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0171
Total of all active and inactive participants2014-01-01281
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01281
Number of participants with account balances2014-01-01154
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: LOTUS HR, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01351
Total number of active participants reported on line 7a of the Form 55002013-01-01198
Number of other retired or separated participants entitled to future benefits2013-01-0167
Total of all active and inactive participants2013-01-01265
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01265
Number of participants with account balances2013-01-01146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: LOTUS HR, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01458
Total number of active participants reported on line 7a of the Form 55002012-01-01271
Number of retired or separated participants receiving benefits2012-01-018
Number of other retired or separated participants entitled to future benefits2012-01-0154
Total of all active and inactive participants2012-01-01333
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01333
Number of participants with account balances2012-01-01172
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: LOTUS HR, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01447
Total number of active participants reported on line 7a of the Form 55002011-01-01342
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0178
Total of all active and inactive participants2011-01-01420
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01420
Number of participants with account balances2011-01-01237
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010

Financial Data on LOTUS HR, INC. 401(K) PLAN

Measure Date Value
2022 : LOTUS HR, INC. 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$126
Total transfer of assets from this plan2022-12-31$1,462,741
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$0
Total income from all sources (including contributions)2022-12-31$-258,433
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$280,103
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$219,326
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$512,042
Value of total assets at end of year2022-12-31$5,027,497
Value of total assets at beginning of year2022-12-31$7,028,648
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$60,777
Total interest from all sources2022-12-31$1,101
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$101,892
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$101,892
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$2,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$393,235
Participant contributions at end of year2022-12-31$26,360
Participant contributions at beginning of year2022-12-31$87,210
Participant contributions at end of year2022-12-31$12,089
Participant contributions at beginning of year2022-12-31$42,531
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$426
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$2,567
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-538,536
Value of net assets at end of year (total assets less liabilities)2022-12-31$5,027,497
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$7,028,648
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$9,929
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$4,984,639
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$6,889,510
Interest on participant loans2022-12-31$1,101
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-873,468
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 contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$118,807
Employer contributions (assets) at end of year2022-12-31$3,983
Employer contributions (assets) at beginning of year2022-12-31$6,830
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$219,326
Contract administrator fees2022-12-31$50,848
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 name2022-12-31WEINSTEIN ZUGMAN, LLC
Accountancy firm EIN2022-12-31200453834
2021 : LOTUS HR, INC. 401(K) PLAN 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$0
Total income from all sources (including contributions)2021-12-31$1,463,978
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$535,836
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$465,604
Value of total corrective distributions2021-12-31$528
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$686,402
Value of total assets at end of year2021-12-31$7,028,648
Value of total assets at beginning of year2021-12-31$6,100,506
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$69,704
Total interest from all sources2021-12-31$4,353
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$259,060
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$259,060
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$509,428
Participant contributions at end of year2021-12-31$87,210
Participant contributions at beginning of year2021-12-31$88,385
Participant contributions at end of year2021-12-31$42,531
Participant contributions at beginning of year2021-12-31$6,385
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$40,297
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$2,567
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$540
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$928,142
Value of net assets at end of year (total assets less liabilities)2021-12-31$7,028,648
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$6,100,506
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$24,912
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$6,889,510
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$6,004,315
Interest on participant loans2021-12-31$4,353
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$514,163
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 contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$136,677
Employer contributions (assets) at end of year2021-12-31$6,830
Employer contributions (assets) at beginning of year2021-12-31$881
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$465,604
Contract administrator fees2021-12-31$44,792
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 name2021-12-31WEINSTEIN ZUGMAN, LLC
Accountancy firm EIN2021-12-31200453834
2020 : LOTUS HR, INC. 401(K) PLAN 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$1,209,080
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$769,851
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$708,534
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$539,923
Value of total assets at end of year2020-12-31$6,100,506
Value of total assets at beginning of year2020-12-31$5,661,277
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$61,317
Total interest from all sources2020-12-31$5,887
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$87,085
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$87,085
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$417,268
Participant contributions at end of year2020-12-31$88,385
Participant contributions at beginning of year2020-12-31$156,824
Participant contributions at end of year2020-12-31$6,385
Participant contributions at beginning of year2020-12-31$33,265
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$540
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$2,339
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$439,229
Value of net assets at end of year (total assets less liabilities)2020-12-31$6,100,506
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$5,661,277
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
Investment advisory and management fees2020-12-31$9,424
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$6,004,315
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$5,462,187
Interest on participant loans2020-12-31$5,887
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$576,185
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 contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$122,655
Employer contributions (assets) at end of year2020-12-31$881
Employer contributions (assets) at beginning of year2020-12-31$6,662
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$708,534
Contract administrator fees2020-12-31$51,893
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 plan2020-12-31Unqualified
Accountancy firm name2020-12-31WEINSTEIN ZUGMAN, LLC
Accountancy firm EIN2020-12-31200453834
2019 : LOTUS HR, INC. 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
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 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 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$1,438,613
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$328,471
Total of all expenses incurred2019-12-31$328,471
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$265,954
Value of total corrective distributions2019-12-31$3,068
Value of total corrective distributions2019-12-31$3,068
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$545,598
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$545,598
Value of total assets at end of year2019-12-31$5,661,277
Value of total assets at end of year2019-12-31$5,661,277
Value of total assets at beginning of year2019-12-31$4,551,135
Value of total assets at beginning of year2019-12-31$4,551,135
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$59,449
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$59,449
Total interest from all sources2019-12-31$8,890
Total interest from all sources2019-12-31$8,890
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$111,775
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$111,775
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$111,775
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$393,898
Contributions received from participants2019-12-31$393,898
Participant contributions at end of year2019-12-31$156,824
Participant contributions at end of year2019-12-31$156,824
Participant contributions at beginning of year2019-12-31$180,866
Participant contributions at beginning of year2019-12-31$180,866
Participant contributions at end of year2019-12-31$33,265
Participant contributions at end of year2019-12-31$33,265
Participant contributions at beginning of year2019-12-31$11,723
Participant contributions at beginning of year2019-12-31$11,723
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$25,635
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$25,635
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$2,339
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$2,339
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$1,385
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$1,385
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
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$1,110,142
Value of net income/loss2019-12-31$1,110,142
Value of net assets at end of year (total assets less liabilities)2019-12-31$5,661,277
Value of net assets at end of year (total assets less liabilities)2019-12-31$5,661,277
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$4,551,135
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$4,551,135
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 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
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$8,401
Investment advisory and management fees2019-12-31$8,401
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$5,462,187
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$5,462,187
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$4,351,994
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$4,351,994
Interest on participant loans2019-12-31$8,890
Interest on participant loans2019-12-31$8,890
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$772,350
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$772,350
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
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$126,065
Contributions received in cash from employer2019-12-31$126,065
Employer contributions (assets) at end of year2019-12-31$6,662
Employer contributions (assets) at end of year2019-12-31$6,662
Employer contributions (assets) at beginning of year2019-12-31$5,167
Employer contributions (assets) at beginning of year2019-12-31$5,167
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$265,954
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$265,954
Contract administrator fees2019-12-31$51,048
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
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)2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31WEINSTEIN ZUGMAN, LLC
Accountancy firm name2019-12-31WEINSTEIN ZUGMAN, LLC
Accountancy firm EIN2019-12-31200453834
Accountancy firm EIN2019-12-31200453834
2018 : LOTUS HR, INC. 401(K) PLAN 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$280,593
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$380,765
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$312,930
Value of total corrective distributions2018-12-31$9,664
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$463,887
Value of total assets at end of year2018-12-31$4,551,135
Value of total assets at beginning of year2018-12-31$4,651,307
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$58,171
Total interest from all sources2018-12-31$8,892
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$121,904
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$121,904
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$333,792
Participant contributions at end of year2018-12-31$180,866
Participant contributions at beginning of year2018-12-31$215,690
Participant contributions at end of year2018-12-31$11,723
Participant contributions at beginning of year2018-12-31$39,675
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$7,236
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$1,385
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$2,157
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-100,172
Value of net assets at end of year (total assets less liabilities)2018-12-31$4,551,135
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$4,651,307
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$7,922
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$4,351,994
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$4,379,794
Interest on participant loans2018-12-31$8,892
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-314,090
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$122,859
Employer contributions (assets) at end of year2018-12-31$5,167
Employer contributions (assets) at beginning of year2018-12-31$13,991
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$312,930
Contract administrator fees2018-12-31$50,249
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)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31WEINSTEIN ZUGMAN, LLC
Accountancy firm EIN2018-12-31200453834
2017 : LOTUS HR, INC. 401(K) PLAN 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$0
Total income from all sources (including contributions)2017-12-31$1,088,507
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$188,344
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$133,775
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$551,625
Value of total assets at end of year2017-12-31$4,651,307
Value of total assets at beginning of year2017-12-31$3,751,144
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$54,569
Total interest from all sources2017-12-31$5,012
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$83,940
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$83,940
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$368,912
Participant contributions at end of year2017-12-31$215,690
Participant contributions at beginning of year2017-12-31$78,538
Participant contributions at end of year2017-12-31$39,675
Participant contributions at beginning of year2017-12-31$36,096
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$70,128
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$2,157
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$900
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$900,163
Value of net assets at end of year (total assets less liabilities)2017-12-31$4,651,307
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$3,751,144
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$7,088
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$4,379,794
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$3,608,291
Interest on participant loans2017-12-31$5,012
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$447,930
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$112,585
Employer contributions (assets) at end of year2017-12-31$13,991
Employer contributions (assets) at beginning of year2017-12-31$27,319
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$133,775
Contract administrator fees2017-12-31$47,481
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)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31WEINSTEIN ZUGMAN, LLC
Accountancy firm EIN2017-12-31200453834
2016 : LOTUS HR, INC. 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$36
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
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$718,595
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$229,000
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$177,540
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$484,745
Value of total assets at end of year2016-12-31$3,751,144
Value of total assets at beginning of year2016-12-31$3,261,513
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$51,460
Total interest from all sources2016-12-31$2,925
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$58,877
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$58,877
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$326,422
Participant contributions at end of year2016-12-31$78,538
Participant contributions at beginning of year2016-12-31$45,940
Participant contributions at end of year2016-12-31$36,096
Participant contributions at beginning of year2016-12-31$13,901
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$27,779
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$900
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$505
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$489,595
Value of net assets at end of year (total assets less liabilities)2016-12-31$3,751,144
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$3,261,513
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$6,399
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$3,608,291
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$3,195,640
Interest on participant loans2016-12-31$2,925
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$172,048
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$130,544
Employer contributions (assets) at end of year2016-12-31$27,319
Employer contributions (assets) at beginning of year2016-12-31$5,527
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$177,540
Contract administrator fees2016-12-31$45,061
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31Yes
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)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31GOLDSTEIN,ZUGMAN, WEINSTEIN & POOLE
Accountancy firm EIN2016-12-31200453834
2015 : LOTUS HR, INC. 401(K) PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total transfer of assets to this plan2015-12-31$870,799
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$524,070
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$368,863
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$331,076
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$538,317
Value of total assets at end of year2015-12-31$3,261,513
Value of total assets at beginning of year2015-12-31$2,235,507
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$37,787
Total interest from all sources2015-12-31$868
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$58,249
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$58,249
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$296,226
Participant contributions at end of year2015-12-31$45,940
Participant contributions at beginning of year2015-12-31$12,425
Participant contributions at end of year2015-12-31$13,901
Participant contributions at beginning of year2015-12-31$17,038
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$140,206
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$505
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$74
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$155,207
Value of net assets at end of year (total assets less liabilities)2015-12-31$3,261,513
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$2,235,507
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$4,642
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$3,195,640
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$2,194,234
Interest on participant loans2015-12-31$868
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-73,364
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$101,885
Employer contributions (assets) at end of year2015-12-31$5,527
Employer contributions (assets) at beginning of year2015-12-31$11,736
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$331,076
Contract administrator fees2015-12-31$33,145
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-12-31Yes
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31GOLDSTEIN,ZUGMAN, WEINSTEIN & POOLE
Accountancy firm EIN2015-12-31200453834
2014 : LOTUS HR, INC. 401(K) PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$461,065
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$172,173
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$135,227
Value of total corrective distributions2014-12-31$2,419
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$319,846
Value of total assets at end of year2014-12-31$2,235,507
Value of total assets at beginning of year2014-12-31$1,946,615
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$34,527
Total interest from all sources2014-12-31$418
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$34,938
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$34,938
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$234,431
Participant contributions at end of year2014-12-31$12,425
Participant contributions at beginning of year2014-12-31$5,275
Participant contributions at end of year2014-12-31$17,038
Participant contributions at beginning of year2014-12-31$5,715
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$74
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$32
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$288,892
Value of net assets at end of year (total assets less liabilities)2014-12-31$2,235,507
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$1,946,615
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$4,558
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$2,194,234
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$1,932,791
Interest on participant loans2014-12-31$418
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$105,863
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$85,415
Employer contributions (assets) at end of year2014-12-31$11,736
Employer contributions (assets) at beginning of year2014-12-31$2,802
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$135,227
Contract administrator fees2014-12-31$29,969
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31GOLDSTEIN,ZUGMAN, WEINSTEIN & POOLE
Accountancy firm EIN2014-12-31200453834
2013 : LOTUS HR, INC. 401(K) PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$603,198
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$349,568
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$304,522
Value of total corrective distributions2013-12-31$5,192
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$277,726
Value of total assets at end of year2013-12-31$1,946,615
Value of total assets at beginning of year2013-12-31$1,692,985
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$39,854
Total interest from all sources2013-12-31$296
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$45,156
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$45,156
Administrative expenses professional fees incurred2013-12-31$7,514
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$195,211
Participant contributions at end of year2013-12-31$5,275
Participant contributions at beginning of year2013-12-31$5,438
Participant contributions at end of year2013-12-31$5,715
Participant contributions at beginning of year2013-12-31$10,749
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$32
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$137
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$253,630
Value of net assets at end of year (total assets less liabilities)2013-12-31$1,946,615
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$1,692,985
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$20,634
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$1,932,791
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$1,671,740
Interest on participant loans2013-12-31$296
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$280,020
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$82,515
Employer contributions (assets) at end of year2013-12-31$2,802
Employer contributions (assets) at beginning of year2013-12-31$4,921
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$304,522
Contract administrator fees2013-12-31$11,706
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31Yes
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31GOLDSTEIN,ZUGMAN, WEINSTEIN & POOLE
Accountancy firm EIN2013-12-31200453834
2012 : LOTUS HR, INC. 401(K) PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total transfer of assets from this plan2012-12-31$326,795
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$24,467
Total income from all sources (including contributions)2012-12-31$642,965
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$368,459
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$287,657
Value of total corrective distributions2012-12-31$24,677
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$416,672
Value of total assets at end of year2012-12-31$1,692,985
Value of total assets at beginning of year2012-12-31$1,769,741
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$56,125
Total interest from all sources2012-12-31$1,346
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$51,381
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$51,381
Administrative expenses professional fees incurred2012-12-31$21,326
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$288,028
Participant contributions at end of year2012-12-31$5,438
Participant contributions at beginning of year2012-12-31$33,141
Participant contributions at end of year2012-12-31$10,749
Participant contributions at beginning of year2012-12-31$35,555
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$13,639
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$137
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$587
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$24,467
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$274,506
Value of net assets at end of year (total assets less liabilities)2012-12-31$1,692,985
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$1,745,274
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$34,799
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$1,671,740
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$1,683,029
Interest on participant loans2012-12-31$1,346
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$173,566
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$115,005
Employer contributions (assets) at end of year2012-12-31$4,921
Employer contributions (assets) at beginning of year2012-12-31$17,429
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$287,657
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31TAYLORCHANDLER, LLC
Accountancy firm EIN2012-12-31200070701
2011 : LOTUS HR, INC. 401(K) PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total transfer of assets from this plan2011-12-31$513,621
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$24,467
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$8,680
Total income from all sources (including contributions)2011-12-31$496,984
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$178,267
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$151,720
Expenses. Certain deemed distributions of participant loans2011-12-31$0
Value of total corrective distributions2011-12-31$8,680
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$523,829
Value of total assets at end of year2011-12-31$1,769,741
Value of total assets at beginning of year2011-12-31$1,948,858
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$17,867
Total interest from all sources2011-12-31$2,663
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Administrative expenses professional fees incurred2011-12-31$17,867
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$355,077
Participant contributions at end of year2011-12-31$33,141
Participant contributions at beginning of year2011-12-31$61,714
Participant contributions at end of year2011-12-31$35,555
Participant contributions at beginning of year2011-12-31$17,219
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$24,493
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$587
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$1,050
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$24,467
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$8,680
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$318,717
Value of net assets at end of year (total assets less liabilities)2011-12-31$1,745,274
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$1,940,178
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$1,683,029
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$1,863,234
Interest on participant loans2011-12-31$2,663
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-29,508
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$144,259
Employer contributions (assets) at end of year2011-12-31$17,429
Employer contributions (assets) at beginning of year2011-12-31$5,641
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$151,720
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31TAYLORCHANDLER, LLC
Accountancy firm EIN2011-12-31200070701

Form 5500 Responses for LOTUS HR, INC. 401(K) PLAN

2022: LOTUS HR, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entityMulitple 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: LOTUS HR, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entityMulitple 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: LOTUS HR, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entityMulitple employer plan
2020-01-01Submission has been amendedYes
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: LOTUS HR, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entityMulitple 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: LOTUS HR, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entityMulitple 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: LOTUS HR, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entityMulitple 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: LOTUS HR, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entityMulitple 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
2015: LOTUS HR, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entityMulitple employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: LOTUS HR, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entityMulitple employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: LOTUS HR, INC. 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entityMulitple employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: LOTUS HR, INC. 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entityMulitple employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: LOTUS HR, INC. 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entityMulitple employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes

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