TEKMASTERS LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan TEKMASTERS LLC RETIREMENT TRUST
| Measure | Date | Value |
|---|
| 2022 : TEKMASTERS LLC RETIREMENT TRUST 2022 401k financial data |
|---|
| Total income from all sources (including contributions) | 2022-12-31 | $210,903 |
| Total of all expenses incurred | 2022-12-31 | $621,802 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $580,271 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $28,000 |
| Value of total corrective distributions | 2022-12-31 | $1,691 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,042,716 |
| Value of total assets at end of year | 2022-12-31 | $3,790,528 |
| Value of total assets at beginning of year | 2022-12-31 | $4,201,427 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $11,840 |
| Total interest from all sources | 2022-12-31 | $2,594 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $118,319 |
| 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 | $118,319 |
| 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 | $671,214 |
| Participant contributions at end of year | 2022-12-31 | $72,368 |
| Participant contributions at beginning of year | 2022-12-31 | $41,041 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $32,339 |
| 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 | $-410,899 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $3,790,528 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $4,201,427 |
| 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 | $670 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $3,718,160 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $4,160,376 |
| Interest on participant loans | 2022-12-31 | $2,594 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $10 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $10 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-952,726 |
| 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 | $339,163 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $580,271 |
| Contract administrator fees | 2022-12-31 | $11,170 |
| 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 | LEE CPA AUDIT GROUP |
| Accountancy firm EIN | 2022-12-31 | 814637885 |
| 2021 : TEKMASTERS LLC RETIREMENT TRUST 2021 401k financial data |
|---|
| Total income from all sources (including contributions) | 2021-12-31 | $1,830,088 |
| Total of all expenses incurred | 2021-12-31 | $815,785 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $793,058 |
| Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $8,915 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,287,344 |
| Value of total assets at end of year | 2021-12-31 | $4,201,427 |
| Value of total assets at beginning of year | 2021-12-31 | $3,187,124 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $13,812 |
| Total interest from all sources | 2021-12-31 | $2,806 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $340,513 |
| 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 | $340,513 |
| Was this plan covered by a fidelity bond | 2021-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $651,793 |
| Participant contributions at end of year | 2021-12-31 | $41,041 |
| Participant contributions at beginning of year | 2021-12-31 | $65,432 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $299,342 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $1,014,303 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $4,201,427 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $3,187,124 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $4,160,376 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $3,121,692 |
| Interest on participant loans | 2021-12-31 | $2,806 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $10 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $199,425 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $336,209 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $793,058 |
| Contract administrator fees | 2021-12-31 | $13,812 |
| 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 | LEE CPA AUDIT GROUP |
| Accountancy firm EIN | 2021-12-31 | 814637885 |
| 2020 : TEKMASTERS LLC RETIREMENT TRUST 2020 401k financial data |
|---|
| Total income from all sources (including contributions) | 2020-12-31 | $1,311,330 |
| Total of all expenses incurred | 2020-12-31 | $242,795 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $225,058 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $6,618 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $863,147 |
| Value of total assets at end of year | 2020-12-31 | $3,187,124 |
| Value of total assets at beginning of year | 2020-12-31 | $2,118,589 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $11,119 |
| Total interest from all sources | 2020-12-31 | $2,719 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $92,232 |
| 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 | $92,232 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $36,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $639,644 |
| Participant contributions at end of year | 2020-12-31 | $65,432 |
| Participant contributions at beginning of year | 2020-12-31 | $35,133 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $33,799 |
| Administrative expenses (other) incurred | 2020-12-31 | $1,015 |
| 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 | $1,068,535 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $3,187,124 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $2,118,589 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $3,121,692 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $2,083,456 |
| Interest on participant loans | 2020-12-31 | $2,719 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $353,232 |
| 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 | Yes |
| 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 | $189,704 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $225,058 |
| Contract administrator fees | 2020-12-31 | $10,104 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | LEE CPA AUDIT GROUP |
| Accountancy firm EIN | 2020-12-31 | 814637885 |
| 2019 : TEKMASTERS LLC RETIREMENT TRUST 2019 401k financial data |
|---|
| Total income from all sources (including contributions) | 2019-12-31 | $1,523,492 |
| Total of all expenses incurred | 2019-12-31 | $528,454 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $504,095 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $10,634 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,175,642 |
| Value of total assets at end of year | 2019-12-31 | $2,118,589 |
| Value of total assets at beginning of year | 2019-12-31 | $1,123,551 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $13,725 |
| Total interest from all sources | 2019-12-31 | $1,880 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $58,277 |
| 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 | $58,277 |
| Was this plan covered by a fidelity bond | 2019-12-31 | No |
| 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 | $672,916 |
| Participant contributions at end of year | 2019-12-31 | $35,133 |
| Participant contributions at beginning of year | 2019-12-31 | $19,329 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $305,034 |
| 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 | $995,038 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $2,118,589 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $1,123,551 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $2,083,456 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $1,104,222 |
| Interest on participant loans | 2019-12-31 | $1,880 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $287,693 |
| 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 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $197,692 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $504,095 |
| Contract administrator fees | 2019-12-31 | $13,725 |
| 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 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | LEE CPA AUDIT GROUP |
| Accountancy firm EIN | 2019-12-31 | 814637885 |
