401k Plan data: CRAFTS GROUP, LLC 401(K) PLAN plan

CRAFTS GROUP, LLC 401(K) PLAN 401k Plan overview

Plan Name	CRAFTS GROUP, LLC 401(K) PLAN
Plan identification number	001

CRAFTS GROUP, LLC 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PREMIER NEEDLE ARTS, INC. has sponsored the creation of one or more 401k plans.

Company Name: PREMIER NEEDLE ARTS, INC.

Employer identification number (EIN): 364711639

NAIC Classification: 454110
NAIC Description: Electronic Shopping and Mail-Order Houses

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CRAFTS GROUP, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 MATTHEW PETKUN 2020-09-02
001 2018-01-01 MATTHEW PETKUN 2020-03-26
001 2017-01-01 JENNIFER BOCKEMOHLE 2018-10-10

Plan Statistics for CRAFTS GROUP, LLC 401(K) PLAN

401k plan membership statisitcs for CRAFTS GROUP, LLC 401(K) PLAN

Measure Date Value
2022: CRAFTS GROUP, LLC 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 344
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 133
Number of other retired or separated participants entitled to future benefits 2022-01-01 96
Total of all active and inactive participants 2022-01-01 229
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 2
Total participants 2022-01-01 231
Number of participants with account balances 2022-01-01 208
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 17
2021: CRAFTS GROUP, LLC 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 303
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 257
Number of retired or separated participants receiving benefits 2021-01-01 23
Number of other retired or separated participants entitled to future benefits 2021-01-01 63
Total of all active and inactive participants 2021-01-01 343
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 1
Total participants 2021-01-01 344
Number of participants with account balances 2021-01-01 303
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 18
2020: CRAFTS GROUP, LLC 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 289
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 243
Number of retired or separated participants receiving benefits 2020-01-01 23
Number of other retired or separated participants entitled to future benefits 2020-01-01 25
Total of all active and inactive participants 2020-01-01 291
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 291
Number of participants with account balances 2020-01-01 265
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 10
2019: CRAFTS GROUP, LLC 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 250
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 228
Number of other retired or separated participants entitled to future benefits 2019-01-01 61
Total of all active and inactive participants 2019-01-01 289
Total participants 2019-01-01 289
Number of participants with account balances 2019-01-01 254
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 11

Measure	Date	Value
2022: CRAFTS GROUP, LLC 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	344
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	133
Number of other retired or separated participants entitled to future benefits	2022-01-01	96
Total of all active and inactive participants	2022-01-01	229
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	2
Total participants	2022-01-01	231
Number of participants with account balances	2022-01-01	208
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	17
2021: CRAFTS GROUP, LLC 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	303
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	257
Number of retired or separated participants receiving benefits	2021-01-01	23
Number of other retired or separated participants entitled to future benefits	2021-01-01	63
Total of all active and inactive participants	2021-01-01	343
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	1
Total participants	2021-01-01	344
Number of participants with account balances	2021-01-01	303
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	18
2020: CRAFTS GROUP, LLC 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	289
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	243
Number of retired or separated participants receiving benefits	2020-01-01	23
Number of other retired or separated participants entitled to future benefits	2020-01-01	25
Total of all active and inactive participants	2020-01-01	291
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	291
Number of participants with account balances	2020-01-01	265
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	10
2019: CRAFTS GROUP, LLC 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	250
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	228
Number of other retired or separated participants entitled to future benefits	2019-01-01	61
Total of all active and inactive participants	2019-01-01	289
Total participants	2019-01-01	289
Number of participants with account balances	2019-01-01	254
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	11

Financial Data on CRAFTS GROUP, LLC 401(K) PLAN

Measure	Date	Value
2022 : CRAFTS GROUP, LLC 401(K) PLAN 2022 401k financial data
Total transfer of assets from this plan	2022-12-31	$2,759,310
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$13,611
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$10,606
Total income from all sources (including contributions)	2022-12-31	$-151,868
Total of all expenses incurred	2022-12-31	$417,901
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$357,046
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$1,084,679
Value of total assets at end of year	2022-12-31	$4,278,190
Value of total assets at beginning of year	2022-12-31	$7,604,264
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$60,855
Total interest from all sources	2022-12-31	$6,094
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Administrative expenses professional fees incurred	2022-12-31	$16,367
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	$609,314
Participant contributions at end of year	2022-12-31	$89,343
Participant contributions at beginning of year	2022-12-31	$71,853
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$193,088
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2022-12-31	$13,611
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2022-12-31	$10,606
Administrative expenses (other) incurred	2022-12-31	$101
Total non interest bearing cash at end of year	2022-12-31	$1,469
Total non interest bearing cash at beginning of year	2022-12-31	$11,443
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	$-569,769
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$4,264,579
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$7,593,658
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	$15,098
Value of interest in pooled separate accounts at end of year	2022-12-31	$4,187,378
Value of interest in pooled separate accounts at beginning of year	2022-12-31	$7,520,968
Interest on participant loans	2022-12-31	$5,751
Interest earned on other investments	2022-12-31	$343
Net investment gain/loss from pooled separate accounts	2022-12-31	$-1,242,641
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	$282,277
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$357,046
Contract administrator fees	2022-12-31	$29,289
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	EIDE BAILLY LLP
Accountancy firm EIN	2022-12-31	450250958
2021 : CRAFTS GROUP, LLC 401(K) PLAN 2021 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$10,606
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$7,228
Total income from all sources (including contributions)	2021-12-31	$2,054,638
Total of all expenses incurred	2021-12-31	$729,948
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$675,247
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,199,013
Value of total assets at end of year	2021-12-31	$7,604,264
Value of total assets at beginning of year	2021-12-31	$6,276,196
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$54,701
Total interest from all sources	2021-12-31	$3,032
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Administrative expenses professional fees incurred	2021-12-31	$1,900
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
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$678,656
Participant contributions at end of year	2021-12-31	$71,853
Participant contributions at beginning of year	2021-12-31	$42,939
Participant contributions at beginning of year	2021-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$240,998
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2021-12-31	$10,606
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2021-12-31	$7,228
Other income not declared elsewhere	2021-12-31	$0
Total non interest bearing cash at end of year	2021-12-31	$11,443
Total non interest bearing cash at beginning of year	2021-12-31	$15,082
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	$1,324,690
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$7,593,658
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$6,268,968
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	$17,190
Value of interest in pooled separate accounts at end of year	2021-12-31	$7,520,968
Value of interest in pooled separate accounts at beginning of year	2021-12-31	$6,218,175
Interest on participant loans	2021-12-31	$3,032
Net investment gain/loss from pooled separate accounts	2021-12-31	$852,593
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	$279,359
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$675,247
Contract administrator fees	2021-12-31	$35,611
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	EIDE BAILLY LLP
Accountancy firm EIN	2021-12-31	450250958
2020 : CRAFTS GROUP, LLC 401(K) PLAN 2020 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$7,228
Total income from all sources (including contributions)	2020-12-31	$1,706,973
Total of all expenses incurred	2020-12-31	$619,260
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$573,382
Value of total corrective distributions	2020-12-31	$2,568
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$900,678
Value of total assets at end of year	2020-12-31	$6,276,196
Value of total assets at beginning of year	2020-12-31	$5,181,255
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$43,310
Total interest from all sources	2020-12-31	$4,675
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Administrative expenses professional fees incurred	2020-12-31	$650
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
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	$631,868
Participant contributions at end of year	2020-12-31	$42,939
Participant contributions at beginning of year	2020-12-31	$38,186
Participant contributions at end of year	2020-12-31	$0
Participant contributions at beginning of year	2020-12-31	$1,827
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$49,905
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2020-12-31	$7,228
Total non interest bearing cash at end of year	2020-12-31	$15,082
Total non interest bearing cash at beginning of year	2020-12-31	$20
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	$1,087,713
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$6,268,968
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$5,181,255
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	$13,390
Value of interest in pooled separate accounts at end of year	2020-12-31	$6,218,175
Value of interest in pooled separate accounts at beginning of year	2020-12-31	$5,135,318
Interest on participant loans	2020-12-31	$2,838
Interest earned on other investments	2020-12-31	$1,837
Net investment gain/loss from pooled separate accounts	2020-12-31	$801,620
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	$218,905
Employer contributions (assets) at beginning of year	2020-12-31	$5,904
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$573,382
Contract administrator fees	2020-12-31	$29,270
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	No
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	EIDE BAILLY LLP
Accountancy firm EIN	2020-12-31	450250958
2019 : CRAFTS GROUP, LLC 401(K) PLAN 2019 401k financial data
Total income from all sources (including contributions)	2019-12-31	$1,771,531
Total income from all sources (including contributions)	2019-12-31	$1,771,531
Total of all expenses incurred	2019-12-31	$585,417
Total of all expenses incurred	2019-12-31	$585,417
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$548,826
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$873,060
Value of total assets at end of year	2019-12-31	$5,181,255
Value of total assets at end of year	2019-12-31	$5,181,255
Value of total assets at beginning of year	2019-12-31	$3,995,141
Value of total assets at beginning of year	2019-12-31	$3,995,141
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$36,591
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$36,591
Total interest from all sources	2019-12-31	$2,888
Total interest from all sources	2019-12-31	$2,888
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Administrative expenses professional fees incurred	2019-12-31	$425
Administrative expenses professional fees incurred	2019-12-31	$425
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
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
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
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$623,149
Contributions received from participants	2019-12-31	$623,149
Participant contributions at end of year	2019-12-31	$38,186
Participant contributions at end of year	2019-12-31	$38,186
Participant contributions at beginning of year	2019-12-31	$53,693
Participant contributions at beginning of year	2019-12-31	$53,693
Participant contributions at end of year	2019-12-31	$1,827
Participant contributions at end of year	2019-12-31	$1,827
Participant contributions at beginning of year	2019-12-31	$485
Participant contributions at beginning of year	2019-12-31	$485
Other income not declared elsewhere	2019-12-31	$0
Other income not declared elsewhere	2019-12-31	$0
Total non interest bearing cash at end of year	2019-12-31	$20
Total non interest bearing cash at end of year	2019-12-31	$20
Total non interest bearing cash at beginning of year	2019-12-31	$2,201
Total non interest bearing cash at beginning of year	2019-12-31	$2,201
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
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	$1,186,114
Value of net income/loss	2019-12-31	$1,186,114
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$5,181,255
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$5,181,255
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$3,995,141
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$3,995,141
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
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 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
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Investment advisory and management fees	2019-12-31	$11,665
Value of interest in pooled separate accounts at end of year	2019-12-31	$5,135,318
Value of interest in pooled separate accounts at end of year	2019-12-31	$5,135,318
Value of interest in pooled separate accounts at beginning of year	2019-12-31	$3,938,299
Value of interest in pooled separate accounts at beginning of year	2019-12-31	$3,938,299
Interest on participant loans	2019-12-31	$2,888
Interest on participant loans	2019-12-31	$2,888
Net investment gain/loss from pooled separate accounts	2019-12-31	$895,583
Net investment gain/loss from pooled separate accounts	2019-12-31	$895,583
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
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
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
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	$249,911
Contributions received in cash from employer	2019-12-31	$249,911
Employer contributions (assets) at end of year	2019-12-31	$5,904
Employer contributions (assets) at end of year	2019-12-31	$5,904
Employer contributions (assets) at beginning of year	2019-12-31	$463
Employer contributions (assets) at beginning of year	2019-12-31	$463
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$548,826
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$548,826
Contract administrator fees	2019-12-31	$24,501
Contract administrator fees	2019-12-31	$24,501
Did the plan have assets held for investment	2019-12-31	Yes
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
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
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
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
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	EIDE BAILLY LLP
Accountancy firm name	2019-12-31	EIDE BAILLY LLP
Accountancy firm EIN	2019-12-31	450250958
Accountancy firm EIN	2019-12-31	450250958

Form 5500 Responses for CRAFTS GROUP, LLC 401(K) PLAN

2022: CRAFTS GROUP, LLC 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Mulitple employer plan
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: CRAFTS GROUP, LLC 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: CRAFTS GROUP, LLC 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: CRAFTS GROUP, LLC 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

129354

Policy instance

Insurance contract or identification number	129354
Number of Individuals Covered	232
Total amount of fees paid to insurance company	USD $3,216
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Amount paid for insurance broker fees	3216
Additional information about fees paid to insurance broker	SERVICE PROGRAM FEES
Insurance broker organization code?	5

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

129354

Policy instance

Insurance contract or identification number	129354
Number of Individuals Covered	310
Total amount of commissions paid to insurance broker	USD $3,414
Total amount of fees paid to insurance company	USD $1,900
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $3,414
Amount paid for insurance broker fees	1900
Additional information about fees paid to insurance broker	SERVICE PROGRAM FEES
Insurance broker organization code?	5

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

129354

Policy instance

Insurance contract or identification number	129354
Number of Individuals Covered	264
Total amount of commissions paid to insurance broker	USD $2,658
Total amount of fees paid to insurance company	USD $475
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $2,658
Amount paid for insurance broker fees	475
Additional information about fees paid to insurance broker	SERVICE PROGRAM FEES
Insurance broker organization code?	5

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

Policy instance

Number of Individuals Covered	265
Total amount of commissions paid to insurance broker	USD $2,308
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $2,308
Additional information about fees paid to insurance broker	SERVICE PROGRAM FEES
Insurance broker organization code?	5

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Company Name:	PREMIER NEEDLE ARTS, INC.
Employer identification number (EIN):	364711639
NAIC Classification:	454110
NAIC Description:	Electronic Shopping and Mail-Order Houses