GREAT MINDS LLC has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2018 : GREAT MINDS LLC 401K PLAN 2018 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total transfer of assets to this plan | 2018-12-31 | $0 |
Total transfer of assets from this plan | 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 | $2,016,230 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $392,909 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $391,569 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $2,397,544 |
Value of total assets at end of year | 2018-12-31 | $4,869,104 |
Value of total assets at beginning of year | 2018-12-31 | $3,245,783 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $1,340 |
Total interest from all sources | 2018-12-31 | $735 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $270,347 |
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 | $270,347 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $325,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $1,472,007 |
Participant contributions at end of year | 2018-12-31 | $64,741 |
Participant contributions at beginning of year | 2018-12-31 | $13,377 |
Participant contributions at end of year | 2018-12-31 | $66,513 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $47,837 |
Administrative expenses (other) incurred | 2018-12-31 | $1,340 |
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 | $1,623,321 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $4,869,104 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $3,245,783 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $3,717,059 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $2,526,800 |
Interest on participant loans | 2018-12-31 | $735 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $928,522 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $705,606 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-576,542 |
Net investment gain or loss from common/collective trusts | 2018-12-31 | $-75,854 |
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 |
Contributions received in cash from employer | 2018-12-31 | $877,700 |
Employer contributions (assets) at end of year | 2018-12-31 | $92,269 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $391,569 |
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 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | RSM US LLP |
Accountancy firm EIN | 2018-12-31 | 420714325 |
2017 : GREAT MINDS LLC 401K PLAN 2017 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total transfer of assets from this plan | 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 | $1,810,689 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $122,401 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $120,840 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $1,455,427 |
Value of total assets at end of year | 2017-12-31 | $3,245,783 |
Value of total assets at beginning of year | 2017-12-31 | $1,557,495 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $1,561 |
Total interest from all sources | 2017-12-31 | $480 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $80,827 |
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 | $80,827 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $340,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $778,476 |
Participant contributions at end of year | 2017-12-31 | $13,377 |
Participant contributions at beginning of year | 2017-12-31 | $2,934 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $245,861 |
Administrative expenses (other) incurred | 2017-12-31 | $1,561 |
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 | $1,688,288 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $3,245,783 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $1,557,495 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $2,526,800 |
Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $424,252 |
Interest on participant loans | 2017-12-31 | $480 |
Value of interest in common/collective trusts at end of year | 2017-12-31 | $705,606 |
Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $1,130,309 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $215,326 |
Net investment gain or loss from common/collective trusts | 2017-12-31 | $58,629 |
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 |
Contributions received in cash from employer | 2017-12-31 | $431,090 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $120,840 |
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 | 2017-12-31 | Yes |
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 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | BLUM, SHAPIRO & COMPANY. P.C. |
Accountancy firm EIN | 2017-12-31 | 061009205 |