MBS ASSET MANAGEMENT LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MBS ASSET MANAGEMENT, LLC 401(K) PLAN
| Measure | Date | Value |
|---|
| 2024 : MBS ASSET MANAGEMENT, LLC 401(K) PLAN 2024 401k financial data |
|---|
| Total income from all sources (including contributions) | 2024-01-01 | $13,681,963 |
| Total of all expenses incurred | 2024-01-01 | $4,001,676 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2024-01-01 | $3,679,179 |
| Expenses. Certain deemed distributions of participant loans | 2024-01-01 | $10,639 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2024-01-01 | $7,589,854 |
| Value of total assets at end of year | 2024-01-01 | $56,676,450 |
| Value of total assets at beginning of year | 2024-01-01 | $46,996,163 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2024-01-01 | $311,858 |
| Total interest from all sources | 2024-01-01 | $117,371 |
| Total dividends received (eg from common stock, registered investment company shares) | 2024-01-01 | $1,296,300 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2024-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2024-01-01 | $1,296,300 |
| 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 |
| Contributions received from participants | 2024-01-01 | $4,364,502 |
| Participant contributions at end of year | 2024-01-01 | $1,172,872 |
| Participant contributions at beginning of year | 2024-01-01 | $881,394 |
| Participant contributions at end of year | 2024-01-01 | $0 |
| Participant contributions at beginning of year | 2024-01-01 | $6,901 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2024-01-01 | $346,807 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2024-01-01 | $1,900 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2024-01-01 | $2,608 |
| 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 | $9,680,287 |
| Value of net assets at end of year (total assets less liabilities) | 2024-01-01 | $56,676,450 |
| Value of net assets at beginning of year (total assets less liabilities) | 2024-01-01 | $46,996,163 |
| 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 |
| Investment advisory and management fees | 2024-01-01 | $231,831 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2024-01-01 | $53,221,446 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2024-01-01 | $43,753,846 |
| Interest on participant loans | 2024-01-01 | $81,152 |
| Interest earned on other investments | 2024-01-01 | $36,178 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2024-01-01 | $41 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2024-01-01 | $2,280,232 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2024-01-01 | $2,347,447 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2024-01-01 | $4,678,438 |
| 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 |
| Contributions received in cash from employer | 2024-01-01 | $2,878,545 |
| Employer contributions (assets) at end of year | 2024-01-01 | $0 |
| Employer contributions (assets) at beginning of year | 2024-01-01 | $3,967 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2024-01-01 | $3,679,179 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2024-01-01 | No |
| Did the plan have assets held for investment | 2024-01-01 | 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 | 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 | No |
| Opinion of an independent qualified public accountant for this plan | 2024-01-01 | 1 |
| Accountancy firm name | 2024-01-01 | WINDES, INC. |
| Accountancy firm EIN | 2024-01-01 | 953001179 |
| 2023 : MBS ASSET MANAGEMENT, LLC 401(K) PLAN 2023 401k financial data |
|---|
| Total income from all sources (including contributions) | 2023-12-31 | $13,258,390 |
| Total of all expenses incurred | 2023-12-31 | $1,999,279 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,730,660 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $7,215,697 |
| Value of total assets at end of year | 2023-12-31 | $46,996,163 |
| Value of total assets at beginning of year | 2023-12-31 | $35,737,052 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $268,619 |
| Total interest from all sources | 2023-12-31 | $67,465 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $947,228 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $947,228 |
| 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 | $4,242,461 |
| Participant contributions at end of year | 2023-12-31 | $881,394 |
| Participant contributions at beginning of year | 2023-12-31 | $589,737 |
| Participant contributions at end of year | 2023-12-31 | $6,901 |
| Participant contributions at beginning of year | 2023-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $189,858 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $2,608 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $758 |
| 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 | $11,259,111 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $46,996,163 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $35,737,052 |
| 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 |
| Investment advisory and management fees | 2023-12-31 | $195,552 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $43,753,846 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $32,868,836 |
| Interest on participant loans | 2023-12-31 | $39,648 |
| Interest earned on other investments | 2023-12-31 | $27,779 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $38 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $2,347,447 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $2,277,721 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $5,028,000 |
| 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 | $2,783,378 |
| Employer contributions (assets) at end of year | 2023-12-31 | $3,967 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,730,660 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2023-12-31 | No |
| 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 | WINDES, INC. |
| Accountancy firm EIN | 2023-12-31 | 953001179 |
| Total income from all sources (including contributions) | 2023-01-01 | $13,258,390 |
| Total of all expenses incurred | 2023-01-01 | $1,999,279 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $1,730,660 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $7,215,697 |
| Value of total assets at end of year | 2023-01-01 | $46,996,163 |
| Value of total assets at beginning of year | 2023-01-01 | $35,737,052 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $268,619 |
| Total interest from all sources | 2023-01-01 | $67,465 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $947,228 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $947,228 |
| 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 | $4,242,461 |
| Participant contributions at end of year | 2023-01-01 | $881,394 |
| Participant contributions at beginning of year | 2023-01-01 | $589,737 |
| Participant contributions at end of year | 2023-01-01 | $6,901 |
| Participant contributions at beginning of year | 2023-01-01 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $189,858 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $2,608 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $758 |
| 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 | $11,259,111 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $46,996,163 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $35,737,052 |
| 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 |
| Investment advisory and management fees | 2023-01-01 | $195,552 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $43,753,846 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $32,868,836 |
| Interest on participant loans | 2023-01-01 | $39,648 |
| Interest earned on other investments | 2023-01-01 | $27,779 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-01-01 | $38 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $2,347,447 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $2,277,721 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $5,028,000 |
| 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 | $2,783,378 |
| Employer contributions (assets) at end of year | 2023-01-01 | $3,967 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $1,730,660 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2023-01-01 | No |
| 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 | WINDES, INC. |
| Accountancy firm EIN | 2023-01-01 | 953001179 |
| 2022 : MBS ASSET MANAGEMENT, LLC 401(K) PLAN 2022 401k financial data |
|---|
| Total income from all sources (including contributions) | 2022-12-31 | $11,290,701 |
| Total of all expenses incurred | 2022-12-31 | $902,852 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $709,317 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $15,884,173 |
| Value of total assets at end of year | 2022-12-31 | $35,737,052 |
| Value of total assets at beginning of year | 2022-12-31 | $25,349,203 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $193,535 |
| Total interest from all sources | 2022-12-31 | $37,414 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $728,858 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $728,858 |
| 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 | $4,238,735 |
| Participant contributions at end of year | 2022-12-31 | $589,737 |
| Participant contributions at beginning of year | 2022-12-31 | $421,310 |
| Participant contributions at end of year | 2022-12-31 | $0 |
| Participant contributions at beginning of year | 2022-12-31 | $8,032 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $8,983,730 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $758 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $425 |
| Administrative expenses (other) incurred | 2022-12-31 | $51,164 |
| 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 | $10,387,849 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $35,737,052 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $25,349,203 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $142,371 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $32,868,836 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $23,591,723 |
| Interest on participant loans | 2022-12-31 | $23,118 |
| Interest earned on other investments | 2022-12-31 | $14,296 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $2,277,721 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $1,323,506 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-5,359,744 |
| 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 | $2,661,708 |
| Employer contributions (assets) at end of year | 2022-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $4,207 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $709,317 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | No |
| 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 | WINDES, INC. |
| Accountancy firm EIN | 2022-12-31 | 953001179 |
| Total income from all sources (including contributions) | 2022-01-01 | $11,290,701 |
| Total of all expenses incurred | 2022-01-01 | $902,852 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $709,317 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $15,884,173 |
| Value of total assets at end of year | 2022-01-01 | $35,737,052 |
| Value of total assets at beginning of year | 2022-01-01 | $25,349,203 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $193,535 |
| Total interest from all sources | 2022-01-01 | $37,414 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $728,858 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $728,858 |
| 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 | $4,238,735 |
| Participant contributions at end of year | 2022-01-01 | $589,737 |
| Participant contributions at beginning of year | 2022-01-01 | $421,310 |
| Participant contributions at end of year | 2022-01-01 | $0 |
| Participant contributions at beginning of year | 2022-01-01 | $8,032 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $8,983,730 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-01-01 | $758 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-01-01 | $425 |
| Administrative expenses (other) incurred | 2022-01-01 | $51,164 |
| 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 | $10,387,849 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $35,737,052 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $25,349,203 |
| 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 |
| Investment advisory and management fees | 2022-01-01 | $142,371 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $32,868,836 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $23,591,723 |
| Interest on participant loans | 2022-01-01 | $23,118 |
| Interest earned on other investments | 2022-01-01 | $14,296 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $2,277,721 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $1,323,506 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-5,359,744 |
| 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 | $2,661,708 |
| Employer contributions (assets) at end of year | 2022-01-01 | $0 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $4,207 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $709,317 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-01-01 | No |
| 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 | WINDES, INC. |
| Accountancy firm EIN | 2022-01-01 | 953001179 |
| 2021 : MBS ASSET MANAGEMENT, LLC 401(K) PLAN 2021 401k financial data |
|---|
| Total income from all sources (including contributions) | 2021-12-31 | $7,863,432 |
| Total of all expenses incurred | 2021-12-31 | $713,514 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $542,990 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $5,178,921 |
| Value of total assets at end of year | 2021-12-31 | $25,349,203 |
| Value of total assets at beginning of year | 2021-12-31 | $18,199,285 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $170,524 |
| Total interest from all sources | 2021-12-31 | $38,762 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $491,562 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $491,562 |
| 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 | $2,257,215 |
| Participant contributions at end of year | 2021-12-31 | $421,310 |
| Participant contributions at beginning of year | 2021-12-31 | $326,611 |
| Participant contributions at end of year | 2021-12-31 | $8,032 |
| Participant contributions at beginning of year | 2021-12-31 | $4,353 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $1,545,935 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $425 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $840 |
| Administrative expenses (other) incurred | 2021-12-31 | $45,686 |
| 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 | $7,149,918 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $25,349,203 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $18,199,285 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Investment advisory and management fees | 2021-12-31 | $124,838 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $23,591,723 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $16,799,397 |
| Interest on participant loans | 2021-12-31 | $29,720 |
| Interest earned on other investments | 2021-12-31 | $9,042 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $1,323,506 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $1,065,378 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $2,154,187 |
| 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 | $1,375,771 |
| Employer contributions (assets) at end of year | 2021-12-31 | $4,207 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $2,706 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $542,990 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | No |
| 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 | WINDES, INC. |
| Accountancy firm EIN | 2021-12-31 | 953001179 |
| 2020 : MBS ASSET MANAGEMENT, LLC 401(K) PLAN 2020 401k financial data |
|---|
| Total income from all sources (including contributions) | 2020-12-31 | $12,426,029 |
| Total of all expenses incurred | 2020-12-31 | $464,721 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $374,272 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $18,335 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $9,793,407 |
| Value of total assets at end of year | 2020-12-31 | $18,199,285 |
| Value of total assets at beginning of year | 2020-12-31 | $6,237,977 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $72,114 |
| Total interest from all sources | 2020-12-31 | $13,946 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $211,368 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $211,368 |
| 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 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $1,414,881 |
| Participant contributions at end of year | 2020-12-31 | $326,611 |
| Participant contributions at beginning of year | 2020-12-31 | $158,080 |
| Participant contributions at end of year | 2020-12-31 | $4,353 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $7,395,295 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $840 |
| Administrative expenses (other) incurred | 2020-12-31 | $21,286 |
| 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 | $11,961,308 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $18,199,285 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $6,237,977 |
| 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 | $50,828 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $16,799,397 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $6,079,094 |
| Interest on participant loans | 2020-12-31 | $11,851 |
| Interest earned on other investments | 2020-12-31 | $2,095 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $803 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $803 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $1,065,378 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $2,407,308 |
| 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 | $983,231 |
| Employer contributions (assets) at end of year | 2020-12-31 | $2,706 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $374,272 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | Yes |
| 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 | Unqualified |
| Accountancy firm name | 2020-12-31 | WINDES, INC. |
| Accountancy firm EIN | 2020-12-31 | 953001179 |
| 2019 : MBS ASSET MANAGEMENT, LLC 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 | $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 | $3,126,691 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $62,264 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $24,898 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $0 |
| Value of total corrective distributions | 2019-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $2,214,259 |
| Value of total assets at end of year | 2019-12-31 | $6,237,977 |
| Value of total assets at beginning of year | 2019-12-31 | $3,173,550 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $37,366 |
| Total interest from all sources | 2019-12-31 | $7,184 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $135,861 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $135,861 |
| Assets. Real estate other than employer real property at beginning of year | 2019-12-31 | $0 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2019-12-31 | $0 |
| 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 | $1,010,725 |
| Participant contributions at end of year | 2019-12-31 | $158,080 |
| Participant contributions at beginning of year | 2019-12-31 | $176,234 |
| Participant contributions at end of year | 2019-12-31 | $0 |
| Participant contributions at beginning of year | 2019-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $501,807 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $0 |
| Assets. Loans (other than to participants) at beginning of year | 2019-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $0 |
| Administrative expenses (other) incurred | 2019-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 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 | $3,064,427 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $6,237,977 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $3,173,550 |
| 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 |
| Assets. partnership/joint venture interests at beginning of year | 2019-12-31 | $0 |
| Investment advisory and management fees | 2019-12-31 | $34,918 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $6,079,094 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $2,997,312 |
| 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 |
| Interest on participant loans | 2019-12-31 | $7,178 |
| Value of interest in master investment trust accounts at end of year | 2019-12-31 | $0 |
| Value of interest in master investment trust accounts at beginning of year | 2019-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $803 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $4 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $4 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $6 |
| Assets. Value of investments in 103.12 investment entities at end of year | 2019-12-31 | $0 |
| Assets. Value of investments in 103.12 investment entities at beginning of year | 2019-12-31 | $0 |
| Asset value of US Government securities at beginning of year | 2019-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $769,387 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $0 |
| Net investment gain or loss from common/collective trusts | 2019-12-31 | $0 |
| Net gain/loss from 103.12 investment entities | 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 |
| Assets. Invements in employer securities at beginning of year | 2019-12-31 | $0 |
| Assets. Value of employer real property at beginning of year | 2019-12-31 | $0 |
| Contributions received in cash from employer | 2019-12-31 | $701,727 |
| Employer contributions (assets) at end of year | 2019-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $24,898 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2019-12-31 | $0 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2019-12-31 | $0 |
| Contract administrator fees | 2019-12-31 | $2,448 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2019-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $0 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2019-12-31 | $0 |
| 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 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2019-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Unqualified |
| Accountancy firm name | 2019-12-31 | WINDES, INC. |
| Accountancy firm EIN | 2019-12-31 | 953001179 |
| 2018 : MBS ASSET MANAGEMENT, LLC 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 | $883,255 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $20,660 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $18,904 |
| Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $0 |
| Value of total corrective distributions | 2018-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $1,094,849 |
| Value of total assets at end of year | 2018-12-31 | $3,173,550 |
| Value of total assets at beginning of year | 2018-12-31 | $2,310,955 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $1,756 |
| Total interest from all sources | 2018-12-31 | $8,904 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $118,210 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $118,210 |
| Assets. Real estate other than employer real property at beginning of year | 2018-12-31 | $0 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2018-12-31 | $0 |
| 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 | $564,300 |
| Participant contributions at end of year | 2018-12-31 | $176,234 |
| Participant contributions at beginning of year | 2018-12-31 | $89,022 |
| Participant contributions at end of year | 2018-12-31 | $0 |
| Participant contributions at beginning of year | 2018-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2018-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2018-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $104,487 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $0 |
| Assets. Loans (other than to participants) at beginning of year | 2018-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $0 |
| Administrative expenses (other) incurred | 2018-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2018-12-31 | $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 | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $862,595 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $3,173,550 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $2,310,955 |
| 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 |
| Assets. partnership/joint venture interests at beginning of year | 2018-12-31 | $0 |
| Investment advisory and management fees | 2018-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $2,997,312 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $2,101,906 |
| 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 |
| Interest on participant loans | 2018-12-31 | $7,153 |
| Value of interest in master investment trust accounts at end of year | 2018-12-31 | $0 |
| Value of interest in master investment trust accounts at beginning of year | 2018-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2018-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $4 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $120,027 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $120,027 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $1,751 |
| Assets. Value of investments in 103.12 investment entities at end of year | 2018-12-31 | $0 |
| Assets. Value of investments in 103.12 investment entities at beginning of year | 2018-12-31 | $0 |
| Asset value of US Government securities at beginning of year | 2018-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-338,708 |
| Net investment gain/loss from pooled separate accounts | 2018-12-31 | $0 |
| Net investment gain or loss from common/collective trusts | 2018-12-31 | $0 |
| Net gain/loss from 103.12 investment entities | 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 |
| Assets. Invements in employer securities at beginning of year | 2018-12-31 | $0 |
| Assets. Value of employer real property at beginning of year | 2018-12-31 | $0 |
| Contributions received in cash from employer | 2018-12-31 | $426,062 |
| Employer contributions (assets) at end of year | 2018-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $18,904 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2018-12-31 | $0 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2018-12-31 | $0 |
| Contract administrator fees | 2018-12-31 | $1,756 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2018-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $0 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2018-12-31 | $0 |
| 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 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2018-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Unqualified |
| Accountancy firm name | 2018-12-31 | WINDES, INC |
| Accountancy firm EIN | 2018-12-31 | 953001179 |
| 2017 : MBS ASSET MANAGEMENT, LLC 401(K) PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $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 | $1,190,786 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $75,477 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $74,552 |
| Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $0 |
| Value of total corrective distributions | 2017-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $916,214 |
| Value of total assets at end of year | 2017-12-31 | $2,310,955 |
| Value of total assets at beginning of year | 2017-12-31 | $1,195,646 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $925 |
| Total interest from all sources | 2017-12-31 | $2,375 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $69,999 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $69,999 |
| Assets. Real estate other than employer real property at beginning of year | 2017-12-31 | $0 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2017-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $433,696 |
| Participant contributions at end of year | 2017-12-31 | $89,022 |
| Participant contributions at beginning of year | 2017-12-31 | $21,884 |
| Participant contributions at end of year | 2017-12-31 | $0 |
| Participant contributions at beginning of year | 2017-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2017-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $157,344 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $0 |
| Assets. Loans (other than to participants) at beginning of year | 2017-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $0 |
| Administrative expenses (other) incurred | 2017-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $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 | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $1,115,309 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $2,310,955 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $1,195,646 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Assets. partnership/joint venture interests at beginning of year | 2017-12-31 | $0 |
| Investment advisory and management fees | 2017-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $2,101,906 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $1,099,655 |
| Interest on participant loans | 2017-12-31 | $2,112 |
| Value of interest in master investment trust accounts at end of year | 2017-12-31 | $0 |
| Value of interest in master investment trust accounts at beginning of year | 2017-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $120,027 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $74,107 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $74,107 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $263 |
| Assets. Value of investments in 103.12 investment entities at end of year | 2017-12-31 | $0 |
| Assets. Value of investments in 103.12 investment entities at beginning of year | 2017-12-31 | $0 |
| Asset value of US Government securities at beginning of year | 2017-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $202,198 |
| Net investment gain/loss from pooled separate accounts | 2017-12-31 | $0 |
| Net investment gain or loss from common/collective trusts | 2017-12-31 | $0 |
| Net gain/loss from 103.12 investment entities | 2017-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Assets. Invements in employer securities at beginning of year | 2017-12-31 | $0 |
| Assets. Value of employer real property at beginning of year | 2017-12-31 | $0 |
| Contributions received in cash from employer | 2017-12-31 | $325,174 |
| Employer contributions (assets) at end of year | 2017-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $74,552 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2017-12-31 | $0 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2017-12-31 | $0 |
| Contract administrator fees | 2017-12-31 | $925 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2017-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $0 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2017-12-31 | $0 |
| Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2017-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Unqualified |
| Accountancy firm name | 2017-12-31 | WINDES |
| Accountancy firm EIN | 2017-12-31 | 953001179 |
