EDWARDS COMPANIES EMPLOYEE has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MULTICON BUILDERS INC WELFARE BENEFIT PLAN
| Measure | Date | Value |
|---|
| 2023 : MULTICON BUILDERS INC WELFARE BENEFIT PLAN 2023 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $163,563 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $222,470 |
| Total income from all sources (including contributions) | 2023-12-31 | $1,638,554 |
| Total of all expenses incurred | 2023-12-31 | $2,073,941 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,995,003 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,605,859 |
| Value of total assets at end of year | 2023-12-31 | $944,052 |
| Value of total assets at beginning of year | 2023-12-31 | $1,438,346 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $78,938 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $310,737 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $140,354 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $0 |
| Other income not declared elsewhere | 2023-12-31 | $32,695 |
| Administrative expenses (other) incurred | 2023-12-31 | $25,428 |
| Total non interest bearing cash at end of year | 2023-12-31 | $803,698 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $1,438,346 |
| 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 | $-435,387 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $780,489 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $1,215,876 |
| 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 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-12-31 | $361,581 |
| 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 | $1,295,122 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,633,422 |
| Contract administrator fees | 2023-12-31 | $53,510 |
| Liabilities. Value of benefit claims payable at end of year | 2023-12-31 | $163,563 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-12-31 | $222,470 |
| Did the plan have assets held for investment | 2023-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 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 | GBQ PARTNERS |
| Accountancy firm EIN | 2023-12-31 | 202122306 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $163,563 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $222,470 |
| Total income from all sources (including contributions) | 2023-01-01 | $1,638,554 |
| Total of all expenses incurred | 2023-01-01 | $2,073,941 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $1,995,003 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,605,859 |
| Value of total assets at end of year | 2023-01-01 | $944,052 |
| Value of total assets at beginning of year | 2023-01-01 | $1,438,346 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $78,938 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $310,737 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $140,354 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $0 |
| Other income not declared elsewhere | 2023-01-01 | $32,695 |
| Administrative expenses (other) incurred | 2023-01-01 | $25,428 |
| Total non interest bearing cash at end of year | 2023-01-01 | $803,698 |
| Total non interest bearing cash at beginning of year | 2023-01-01 | $1,438,346 |
| 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 | $-435,387 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $780,489 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $1,215,876 |
| 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 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-01-01 | $361,581 |
| 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 | $1,295,122 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $1,633,422 |
| Contract administrator fees | 2023-01-01 | $53,510 |
| Liabilities. Value of benefit claims payable at end of year | 2023-01-01 | $163,563 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-01-01 | $222,470 |
| Did the plan have assets held for investment | 2023-01-01 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 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 | GBQ PARTNERS |
| Accountancy firm EIN | 2023-01-01 | 202122306 |
