GIFFIN, INC. has sponsored the creation of one or more 401k plans.
Additional information about GIFFIN, INC.
Submission information for form 5500 for 401k plan GIFFIN, INC. 401(K) SALARY REDUCTION PLAN & TRUST
| Measure | Date | Value |
|---|
| 2023 : GIFFIN, INC. 401(K) SALARY REDUCTION PLAN & TRUST 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $5,046,469 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,229,124 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,213,509 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $2,508,586 |
| Value of total assets at end of year | 2023-12-31 | $19,954,804 |
| Value of total assets at beginning of year | 2023-12-31 | $16,137,459 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $15,615 |
| Total interest from all sources | 2023-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $409,459 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $409,459 |
| 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 | $1,564,042 |
| Participant contributions at end of year | 2023-12-31 | $41,099 |
| Participant contributions at beginning of year | 2023-12-31 | $728 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $152,695 |
| 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 | $3,817,345 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $19,954,804 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $16,137,459 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $19,820,802 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $16,034,616 |
| Interest on participant loans | 2023-12-31 | $0 |
| Income. Interest from loans (other than to participants) | 2023-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $2,128,424 |
| 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 | Yes |
| 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 | $791,849 |
| Employer contributions (assets) at end of year | 2023-12-31 | $92,903 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $102,115 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,213,509 |
| Contract administrator fees | 2023-12-31 | $15,615 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 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 | PLANTE MORAN, PLLC |
| Accountancy firm EIN | 2023-12-31 | 381357951 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $5,046,469 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $1,229,124 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $1,213,509 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $2,508,586 |
| Value of total assets at end of year | 2023-01-01 | $19,954,804 |
| Value of total assets at beginning of year | 2023-01-01 | $16,137,459 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $15,615 |
| Total interest from all sources | 2023-01-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $409,459 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $409,459 |
| 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 | $1,564,042 |
| Participant contributions at end of year | 2023-01-01 | $41,099 |
| Participant contributions at beginning of year | 2023-01-01 | $728 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $152,695 |
| 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 | $3,817,345 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $19,954,804 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $16,137,459 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $19,820,802 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $16,034,616 |
| Interest on participant loans | 2023-01-01 | $0 |
| Income. Interest from loans (other than to participants) | 2023-01-01 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $2,128,424 |
| 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 | Yes |
| 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 | $791,849 |
| Employer contributions (assets) at end of year | 2023-01-01 | $92,903 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $102,115 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $1,213,509 |
| Contract administrator fees | 2023-01-01 | $15,615 |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 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 | PLANTE MORAN, PLLC |
| Accountancy firm EIN | 2023-01-01 | 381357951 |
| 2022 : GIFFIN, INC. 401(K) SALARY REDUCTION PLAN & TRUST 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-843,957 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $1,026,539 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,011,185 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,564,063 |
| Value of total assets at end of year | 2022-12-31 | $16,137,459 |
| Value of total assets at beginning of year | 2022-12-31 | $18,007,955 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $15,354 |
| Total interest from all sources | 2022-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $290,834 |
| 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 | $290,834 |
| 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 | $1,580,220 |
| Participant contributions at end of year | 2022-12-31 | $728 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $156,990 |
| 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 | $-1,870,496 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $16,137,459 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $18,007,955 |
| 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 | $397 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $16,034,616 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $17,938,973 |
| Interest on participant loans | 2022-12-31 | $0 |
| Income. Interest from loans (other than to participants) | 2022-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-3,698,854 |
| 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 | Yes |
| 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 | $826,853 |
| Employer contributions (assets) at end of year | 2022-12-31 | $102,115 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $68,982 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,011,185 |
| Contract administrator fees | 2022-12-31 | $14,957 |
| 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 | PLANTE MORAN, PLLC |
| Accountancy firm EIN | 2022-12-31 | 381357951 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-843,957 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $1,026,539 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $1,011,185 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $2,564,063 |
| Value of total assets at end of year | 2022-01-01 | $16,137,459 |
| Value of total assets at beginning of year | 2022-01-01 | $18,007,955 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $15,354 |
| Total interest from all sources | 2022-01-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $290,834 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $290,834 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $1,580,220 |
| Participant contributions at end of year | 2022-01-01 | $728 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $156,990 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-1,870,496 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $16,137,459 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $18,007,955 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Investment advisory and management fees | 2022-01-01 | $397 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $16,034,616 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $17,938,973 |
| Interest on participant loans | 2022-01-01 | $0 |
| Income. Interest from loans (other than to participants) | 2022-01-01 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-3,698,854 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $826,853 |
| Employer contributions (assets) at end of year | 2022-01-01 | $102,115 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $68,982 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $1,011,185 |
| Contract administrator fees | 2022-01-01 | $14,957 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | PLANTE MORAN, PLLC |
| Accountancy firm EIN | 2022-01-01 | 381357951 |
| 2021 : GIFFIN, INC. 401(K) SALARY REDUCTION PLAN & TRUST 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $4,652,799 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $1,374,497 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,358,856 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $2,602,992 |
| Value of total assets at end of year | 2021-12-31 | $18,007,955 |
| Value of total assets at beginning of year | 2021-12-31 | $14,729,653 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $15,641 |
| Total interest from all sources | 2021-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $251,511 |
| 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 | $251,511 |
| 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 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $1,547,484 |
| Participant contributions at end of year | 2021-12-31 | $0 |
| Participant contributions at beginning of year | 2021-12-31 | $41,068 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $248,100 |
| 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 | $3,278,302 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $18,007,955 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $14,729,653 |
| 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 | $445 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $17,938,973 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $14,622,929 |
| Interest on participant loans | 2021-12-31 | $0 |
| Income. Interest from loans (other than to participants) | 2021-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,798,296 |
| 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 | $807,408 |
| Employer contributions (assets) at end of year | 2021-12-31 | $68,982 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $65,656 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,358,856 |
| Contract administrator fees | 2021-12-31 | $15,196 |
| 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 | PLANTE & MORAN, PLLC |
| Accountancy firm EIN | 2021-12-31 | 381357951 |
| 2020 : GIFFIN, INC. 401(K) SALARY REDUCTION PLAN & TRUST 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $4,147,402 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $144,023 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $129,374 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $2,280,867 |
| Value of total assets at end of year | 2020-12-31 | $14,729,653 |
| Value of total assets at beginning of year | 2020-12-31 | $10,726,274 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $14,649 |
| Total interest from all sources | 2020-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $166,946 |
| 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 | $166,946 |
| 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 | $1,434,184 |
| Participant contributions at end of year | 2020-12-31 | $41,068 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $16,244 |
| 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 | $4,003,379 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $14,729,653 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $10,726,274 |
| 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 | $149 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $14,622,929 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $10,726,274 |
| Interest on participant loans | 2020-12-31 | $0 |
| Income. Interest from loans (other than to participants) | 2020-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,699,589 |
| 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 | $830,439 |
| Employer contributions (assets) at end of year | 2020-12-31 | $65,656 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $129,374 |
| Contract administrator fees | 2020-12-31 | $14,500 |
| 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 | Yes |
| 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 | PLANTE & MORAN, PLLC'S |
| Accountancy firm EIN | 2020-12-31 | 381357951 |
| 2010 : GIFFIN, INC. 401(K) SALARY REDUCTION PLAN & TRUST 2010 401k financial data |
|---|
| Total income from all sources | 2010-12-31 | $591,756 |
| Expenses. Total of all expenses incurred | 2010-12-31 | $535,152 |
| Benefits paid (including direct rollovers) | 2010-12-31 | $522,745 |
| Total plan assets at end of year | 2010-12-31 | $3,262,548 |
| Total plan assets at beginning of year | 2010-12-31 | $3,205,944 |
| Value of fidelity bond covering the plan | 2010-12-31 | $500,000 |
| Total contributions received or receivable from participants | 2010-12-31 | $226,664 |
| Other income received | 2010-12-31 | $365,092 |
| Net income (gross income less expenses) | 2010-12-31 | $56,604 |
| Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $3,262,548 |
| Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $3,205,944 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2010-12-31 | $12,407 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| 2009 : GIFFIN, INC. 401(K) SALARY REDUCTION PLAN & TRUST 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
