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FGM RETIREMENT PLAN 401k Plan overview

Plan NameFGM RETIREMENT PLAN
Plan identification number 001

FGM RETIREMENT PLAN Benefits

401k Plan TypeDefined 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.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

FGM ARCHITECTS INC. has sponsored the creation of one or more 401k plans.

Company Name:FGM ARCHITECTS INC.
Employer identification number (EIN):370900899
NAIC Classification:541310
NAIC Description:Architectural Services

Additional information about FGM ARCHITECTS INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2018-12-04
Company Identification Number: 0803179095
Legal Registered Office Address: 1211 W 22ND ST STE 700

OAK BROOK
United States of America (USA)
60523

More information about FGM ARCHITECTS INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FGM RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-10-01
0012020-10-01
0012019-10-01
0012018-10-01DIANE GILMARTIN2020-04-22
0012017-10-01DIANE GILMARTIN2019-04-30
0012016-10-01DIANE GILMARTIN2018-04-27
0012015-10-01RONALD DARIN2017-01-24
0012014-10-01RONALD DARIN2015-11-04
0012013-10-01THOMAS LIZZO2014-11-14
0012012-10-01KATHLEEN MILES2013-10-28
0012011-10-01KATHLEEN MILES2012-12-07
0012010-10-01KATHLEEN MILES2011-12-15

Plan Statistics for FGM RETIREMENT PLAN

401k plan membership statisitcs for FGM RETIREMENT PLAN

Measure Date Value
2021: FGM RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year2021-10-01168
Total number of active participants reported on line 7a of the Form 55002021-10-01166
Number of retired or separated participants receiving benefits2021-10-010
Number of other retired or separated participants entitled to future benefits2021-10-0147
Total of all active and inactive participants2021-10-01213
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-10-010
Total participants2021-10-01213
Number of participants with account balances2021-10-01203
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-10-010
2020: FGM RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year2020-10-01153
Total number of active participants reported on line 7a of the Form 55002020-10-01138
Number of retired or separated participants receiving benefits2020-10-010
Number of other retired or separated participants entitled to future benefits2020-10-0128
Total of all active and inactive participants2020-10-01166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-10-010
Total participants2020-10-01166
Number of participants with account balances2020-10-01157
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-10-010
2019: FGM RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year2019-10-01141
Total number of active participants reported on line 7a of the Form 55002019-10-01131
Number of retired or separated participants receiving benefits2019-10-010
Number of other retired or separated participants entitled to future benefits2019-10-0122
Total of all active and inactive participants2019-10-01153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-10-010
Total participants2019-10-01153
Number of participants with account balances2019-10-01148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-10-010

Financial Data on FGM RETIREMENT PLAN

Measure Date Value
2022 : FGM RETIREMENT PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-09-30$0
Total income from all sources (including contributions)2022-09-30$456,471
Total loss/gain on sale of assets2022-09-30$0
Total of all expenses incurred2022-09-30$629,093
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-09-30$558,711
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-09-30$4,714,415
Value of total assets at end of year2022-09-30$17,497,855
Value of total assets at beginning of year2022-09-30$17,670,477
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-09-30$70,382
Total interest from all sources2022-09-30$3,613
Total dividends received (eg from common stock, registered investment company shares)2022-09-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-09-30No
Administrative expenses professional fees incurred2022-09-30$1,375
Was this plan covered by a fidelity bond2022-09-30Yes
Value of fidelity bond cover2022-09-30$500,000
If this is an individual account plan, was there a blackout period2022-09-30No
Were there any nonexempt tranactions with any party-in-interest2022-09-30No
Contributions received from participants2022-09-30$1,510,245
Income. Received or receivable in cash from other sources (including rollovers)2022-09-30$2,915,564
Assets. Loans (other than to participants) at end of year2022-09-30$86,686
Assets. Loans (other than to participants) at beginning of year2022-09-30$80,433
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-09-30No
Value of net income/loss2022-09-30$-172,622
Value of net assets at end of year (total assets less liabilities)2022-09-30$17,497,855
Value of net assets at beginning of year (total assets less liabilities)2022-09-30$17,670,477
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2022-09-30No
Were any leases to which the plan was party in default or uncollectible2022-09-30No
Value of interest in pooled separate accounts at end of year2022-09-30$17,122,563
Value of interest in pooled separate accounts at beginning of year2022-09-30$17,329,856
Income. Interest from loans (other than to participants)2022-09-30$3,613
Net investment gain/loss from pooled separate accounts2022-09-30$-4,261,557
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-09-30Yes
Was there a failure to transmit to the plan any participant contributions2022-09-30No
Has the plan failed to provide any benefit when due under the plan2022-09-30No
Contributions received in cash from employer2022-09-30$288,606
Employer contributions (assets) at end of year2022-09-30$288,606
Employer contributions (assets) at beginning of year2022-09-30$260,188
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-09-30$558,711
Contract administrator fees2022-09-30$69,007
Did the plan have assets held for investment2022-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-09-30No
Opinion of an independent qualified public accountant for this plan2022-09-30Unqualified
Accountancy firm name2022-09-30FGMK, LLC
Accountancy firm EIN2022-09-30362929601
2021 : FGM RETIREMENT PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-09-30$0
Total income from all sources (including contributions)2021-09-30$4,887,253
Total loss/gain on sale of assets2021-09-30$0
Total of all expenses incurred2021-09-30$493,280
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-09-30$433,540
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-09-30$1,593,073
Value of total assets at end of year2021-09-30$17,670,477
Value of total assets at beginning of year2021-09-30$13,276,504
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-09-30$59,740
Total interest from all sources2021-09-30$4,135
Total dividends received (eg from common stock, registered investment company shares)2021-09-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-09-30No
Administrative expenses professional fees incurred2021-09-30$850
Was this plan covered by a fidelity bond2021-09-30Yes
Value of fidelity bond cover2021-09-30$500,000
If this is an individual account plan, was there a blackout period2021-09-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-09-30$0
Were there any nonexempt tranactions with any party-in-interest2021-09-30No
Contributions received from participants2021-09-30$1,141,020
Income. Received or receivable in cash from other sources (including rollovers)2021-09-30$191,865
Assets. Loans (other than to participants) at end of year2021-09-30$80,433
Assets. Loans (other than to participants) at beginning of year2021-09-30$82,516
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-09-30No
Value of net income/loss2021-09-30$4,393,973
Value of net assets at end of year (total assets less liabilities)2021-09-30$17,670,477
Value of net assets at beginning of year (total assets less liabilities)2021-09-30$13,276,504
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2021-09-30No
Were any leases to which the plan was party in default or uncollectible2021-09-30No
Value of interest in pooled separate accounts at end of year2021-09-30$17,329,856
Value of interest in pooled separate accounts at beginning of year2021-09-30$12,999,812
Interest on participant loans2021-09-30$4,135
Net investment gain/loss from pooled separate accounts2021-09-30$3,290,045
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-09-30Yes
Was there a failure to transmit to the plan any participant contributions2021-09-30No
Has the plan failed to provide any benefit when due under the plan2021-09-30No
Contributions received in cash from employer2021-09-30$260,188
Employer contributions (assets) at end of year2021-09-30$260,188
Employer contributions (assets) at beginning of year2021-09-30$194,176
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-09-30$433,540
Contract administrator fees2021-09-30$58,890
Did the plan have assets held for investment2021-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-09-30No
Opinion of an independent qualified public accountant for this plan2021-09-30Disclaimer
Accountancy firm name2021-09-30FGMK, LLC
Accountancy firm EIN2021-09-30362929601
2020 : FGM RETIREMENT PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-09-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-09-30$0
Total income from all sources (including contributions)2020-09-30$2,556,592
Total loss/gain on sale of assets2020-09-30$0
Total of all expenses incurred2020-09-30$897,074
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-09-30$851,651
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-09-30$1,267,907
Value of total assets at end of year2020-09-30$13,276,504
Value of total assets at beginning of year2020-09-30$11,616,986
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-09-30$45,423
Total interest from all sources2020-09-30$2,015
Total dividends received (eg from common stock, registered investment company shares)2020-09-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-09-30No
Administrative expenses professional fees incurred2020-09-30$1,250
Was this plan covered by a fidelity bond2020-09-30Yes
Value of fidelity bond cover2020-09-30$500,000
If this is an individual account plan, was there a blackout period2020-09-30No
Were there any nonexempt tranactions with any party-in-interest2020-09-30No
Contributions received from participants2020-09-30$848,786
Income. Received or receivable in cash from other sources (including rollovers)2020-09-30$187,749
Assets. Loans (other than to participants) at end of year2020-09-30$82,516
Assets. Loans (other than to participants) at beginning of year2020-09-30$42,642
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-09-30No
Value of net income/loss2020-09-30$1,659,518
Value of net assets at end of year (total assets less liabilities)2020-09-30$13,276,504
Value of net assets at beginning of year (total assets less liabilities)2020-09-30$11,616,986
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2020-09-30No
Were any leases to which the plan was party in default or uncollectible2020-09-30No
Value of interest in pooled separate accounts at end of year2020-09-30$12,999,812
Value of interest in pooled separate accounts at beginning of year2020-09-30$11,477,283
Income. Interest from loans (other than to participants)2020-09-30$2,015
Net investment gain/loss from pooled separate accounts2020-09-30$1,286,670
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-09-30Yes
Was there a failure to transmit to the plan any participant contributions2020-09-30No
Has the plan failed to provide any benefit when due under the plan2020-09-30No
Contributions received in cash from employer2020-09-30$231,372
Employer contributions (assets) at end of year2020-09-30$194,176
Employer contributions (assets) at beginning of year2020-09-30$97,061
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-09-30$851,651
Contract administrator fees2020-09-30$44,173
Did the plan have assets held for investment2020-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-09-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2020-09-30Yes
Opinion of an independent qualified public accountant for this plan2020-09-30Disclaimer
Accountancy firm name2020-09-30FGMK, LLC
Accountancy firm EIN2020-09-30362929601

Form 5500 Responses for FGM RETIREMENT PLAN

2021: FGM RETIREMENT PLAN 2021 form 5500 responses
2021-10-01Type of plan entitySingle employer plan
2021-10-01Submission has been amendedNo
2021-10-01This submission is the final filingNo
2021-10-01This return/report is a short plan year return/report (less than 12 months)No
2021-10-01Plan is a collectively bargained planNo
2021-10-01Plan funding arrangement – InsuranceYes
2021-10-01Plan funding arrangement – TrustYes
2021-10-01Plan benefit arrangement – InsuranceYes
2021-10-01Plan benefit arrangement - TrustYes
2020: FGM RETIREMENT PLAN 2020 form 5500 responses
2020-10-01Type of plan entitySingle employer plan
2020-10-01Submission has been amendedNo
2020-10-01This submission is the final filingNo
2020-10-01This return/report is a short plan year return/report (less than 12 months)No
2020-10-01Plan is a collectively bargained planNo
2020-10-01Plan funding arrangement – InsuranceYes
2020-10-01Plan funding arrangement – TrustYes
2020-10-01Plan benefit arrangement – InsuranceYes
2020-10-01Plan benefit arrangement - TrustYes
2019: FGM RETIREMENT PLAN 2019 form 5500 responses
2019-10-01Type of plan entitySingle employer plan
2019-10-01Submission has been amendedNo
2019-10-01This submission is the final filingNo
2019-10-01This return/report is a short plan year return/report (less than 12 months)No
2019-10-01Plan is a collectively bargained planNo
2019-10-01Plan funding arrangement – InsuranceYes
2019-10-01Plan funding arrangement – TrustYes
2019-10-01Plan benefit arrangement – InsuranceYes
2019-10-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number69788
Policy instance 1
Insurance contract or identification number69788
Number of Individuals Covered210
Insurance policy start date2021-10-01
Insurance policy end date2022-09-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $76,768
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees68170
Additional information about fees paid to insurance brokerFINANCIAL ADVISORY & SERVICE
Insurance broker organization code?3
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number69788
Policy instance 1
Insurance contract or identification number69788
Number of Individuals Covered161
Insurance policy start date2020-10-01
Insurance policy end date2021-09-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $61,714
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees55432
Additional information about fees paid to insurance brokerFINANCIAL ADVISORY & SERVICE
Insurance broker organization code?3
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number69788
Policy instance 1
Insurance contract or identification number69788
Number of Individuals Covered150
Insurance policy start date2019-10-01
Insurance policy end date2020-09-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $41,660
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees41660
Additional information about fees paid to insurance brokerFINANCIAL ADVISORY & SERVICE
Insurance broker organization code?3

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