FAEGRE DRINKER BIDDLE & REATH has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan DRINKER BIDDLE & REATH LLP CASH BALANCE PENSION PLAN I
401k plan membership statisitcs for DRINKER BIDDLE & REATH LLP CASH BALANCE PENSION PLAN I
Measure | Date | Value |
---|
2021: DRINKER BIDDLE & REATH LLP CASH BALANCE PENSION PLAN I 2021 401k membership |
---|
Market value of plan assets | 2021-06-29 | 23,330,488 |
Acturial value of plan assets | 2021-06-29 | 23,330,488 |
Funding target for retired participants and beneficiaries receiving payment | 2021-06-29 | 0 |
Number of terminated vested participants | 2021-06-29 | 36 |
Fundng target for terminated vested participants | 2021-06-29 | 2,191,011 |
Active participant vested funding target | 2021-06-29 | 19,558,967 |
Number of active participants | 2021-06-29 | 251 |
Total funding liabilities for active participants | 2021-06-29 | 18,765,615 |
Total participant count | 2021-06-29 | 287 |
Total funding target for all participants | 2021-06-29 | 20,956,626 |
Balance at beginning of prior year after applicable adjustments | 2021-06-29 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-06-29 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-06-29 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2021-06-29 | 0 |
Amount remaining of carryover balance | 2021-06-29 | 0 |
Amount remaining of prefunding balance | 2021-06-29 | 0 |
Present value of excess contributions | 2021-06-29 | 2,114,948 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-06-29 | 2,221,753 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-06-29 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2021-06-29 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-06-29 | 0 |
Balance of carryovers at beginning of current year | 2021-06-29 | 0 |
Balance of prefunding at beginning of current year | 2021-06-29 | 0 |
Total employer contributions | 2021-06-29 | 0 |
Total employee contributions | 2021-06-29 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-06-29 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-06-29 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-06-29 | 0 |
Unpaid minimum required contributions for all prior years | 2021-06-29 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-06-29 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-06-29 | 0 |
Minimum required contributions for current year target normal cost | 2021-06-29 | 96,000 |
Net shortfall amortization installment of oustanding balance | 2021-06-29 | 0 |
Waiver amortization installment | 2021-06-29 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-06-29 | 0 |
Carryover balance elected to use to offset funding requirement | 2021-06-29 | 0 |
Prefunding balance elected to use to offset funding requirement | 2021-06-29 | 0 |
Additional cash requirement | 2021-06-29 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2021-06-29 | 0 |
Unpaid minimum required contributions for current year | 2021-06-29 | 0 |
Unpaid minimum required contributions for all years | 2021-06-29 | 0 |
Total participants, beginning-of-year | 2021-01-01 | 287 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 0 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 0 |
Total of all active and inactive participants | 2021-01-01 | 0 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
Total participants | 2021-01-01 | 0 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 1 |
2020: DRINKER BIDDLE & REATH LLP CASH BALANCE PENSION PLAN I 2020 401k membership |
---|
Market value of plan assets | 2020-12-31 | 21,196,433 |
Acturial value of plan assets | 2020-12-31 | 21,196,433 |
Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 0 |
Number of terminated vested participants | 2020-12-31 | 27 |
Fundng target for terminated vested participants | 2020-12-31 | 1,211,333 |
Active participant vested funding target | 2020-12-31 | 17,765,122 |
Number of active participants | 2020-12-31 | 239 |
Total funding liabilities for active participants | 2020-12-31 | 18,191,448 |
Total participant count | 2020-12-31 | 266 |
Total funding target for all participants | 2020-12-31 | 19,402,781 |
Balance at beginning of prior year after applicable adjustments | 2020-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-12-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2020-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2020-12-31 | 0 |
Amount remaining of carryover balance | 2020-12-31 | 0 |
Amount remaining of prefunding balance | 2020-12-31 | 0 |
Present value of excess contributions | 2020-12-31 | 1,831,647 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 1,926,709 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2020-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2020-12-31 | 0 |
Balance of carryovers at beginning of current year | 2020-12-31 | 0 |
Balance of prefunding at beginning of current year | 2020-12-31 | 0 |
Total employer contributions | 2020-12-31 | 2,871,940 |
Total employee contributions | 2020-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-12-31 | 2,701,223 |
Unpaid minimum required contributions for all prior years | 2020-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2020-12-31 | 2,379,927 |
Net shortfall amortization installment of oustanding balance | 2020-12-31 | 0 |
Waiver amortization installment | 2020-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 586,275 |
Carryover balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Additional cash requirement | 2020-12-31 | 586,275 |
Contributions allocatedtoward minimum required contributions for current year | 2020-12-31 | 2,701,223 |
Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
Unpaid minimum required contributions for all years | 2020-12-31 | 0 |
Total participants, beginning-of-year | 2020-01-01 | 266 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 258 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 29 |
Total of all active and inactive participants | 2020-01-01 | 287 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 0 |
Total participants | 2020-01-01 | 287 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 0 |
2019: DRINKER BIDDLE & REATH LLP CASH BALANCE PENSION PLAN I 2019 401k membership |
---|
Market value of plan assets | 2019-12-31 | 17,422,132 |
Acturial value of plan assets | 2019-12-31 | 17,422,132 |
Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 0 |
Number of terminated vested participants | 2019-12-31 | 18 |
Fundng target for terminated vested participants | 2019-12-31 | 998,915 |
Active participant vested funding target | 2019-12-31 | 14,347,814 |
Number of active participants | 2019-12-31 | 244 |
Total funding liabilities for active participants | 2019-12-31 | 14,709,179 |
Total participant count | 2019-12-31 | 262 |
Total funding target for all participants | 2019-12-31 | 15,708,094 |
Balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2019-12-31 | 0 |
Amount remaining of carryover balance | 2019-12-31 | 0 |
Amount remaining of prefunding balance | 2019-12-31 | 0 |
Present value of excess contributions | 2019-12-31 | 1,913,145 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 2,016,264 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2019-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2019-12-31 | 0 |
Balance of carryovers at beginning of current year | 2019-12-31 | 0 |
Balance of prefunding at beginning of current year | 2019-12-31 | 0 |
Total employer contributions | 2019-12-31 | 2,754,847 |
Total employee contributions | 2019-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-12-31 | 2,622,320 |
Unpaid minimum required contributions for all prior years | 2019-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2019-12-31 | 2,504,711 |
Net shortfall amortization installment of oustanding balance | 2019-12-31 | 0 |
Waiver amortization installment | 2019-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 790,673 |
Carryover balance elected to use to offset funding requirement | 2019-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2019-12-31 | 0 |
Additional cash requirement | 2019-12-31 | 790,673 |
Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 2,622,320 |
Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
Total participants, beginning-of-year | 2019-01-01 | 262 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 239 |
Number of retired or separated participants receiving benefits | 2019-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 26 |
Total of all active and inactive participants | 2019-01-01 | 265 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 0 |
Total participants | 2019-01-01 | 265 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 4 |
Measure | Date | Value |
---|
2021 : DRINKER BIDDLE & REATH LLP CASH BALANCE PENSION PLAN I 2021 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2021-06-29 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-06-29 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-06-29 | $0 |
Total income from all sources (including contributions) | 2021-06-29 | $570 |
Total loss/gain on sale of assets | 2021-06-29 | $0 |
Total of all expenses incurred | 2021-06-29 | $23,365,457 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-06-29 | $23,353,999 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-06-29 | $0 |
Value of total assets at end of year | 2021-06-29 | $0 |
Value of total assets at beginning of year | 2021-06-29 | $23,364,887 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-06-29 | $11,458 |
Total interest from all sources | 2021-06-29 | $570 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-06-29 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-06-29 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2021-06-29 | $0 |
Administrative expenses professional fees incurred | 2021-06-29 | $11,458 |
Was this plan covered by a fidelity bond | 2021-06-29 | Yes |
Value of fidelity bond cover | 2021-06-29 | $7,500,000 |
If this is an individual account plan, was there a blackout period | 2021-06-29 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-06-29 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-06-29 | No |
Total non interest bearing cash at end of year | 2021-06-29 | $0 |
Total non interest bearing cash at beginning of year | 2021-06-29 | $20,492,947 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-06-29 | No |
Value of net income/loss | 2021-06-29 | $-23,364,887 |
Value of net assets at end of year (total assets less liabilities) | 2021-06-29 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-06-29 | $23,364,887 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-06-29 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-06-29 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-06-29 | No |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-06-29 | $570 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-06-29 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-06-29 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-06-29 | No |
Employer contributions (assets) at end of year | 2021-06-29 | $0 |
Employer contributions (assets) at beginning of year | 2021-06-29 | $2,871,940 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-06-29 | $23,353,999 |
Did the plan have assets held for investment | 2021-06-29 | 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 | 2021-06-29 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-06-29 | Yes |
Opinion of an independent qualified public accountant for this plan | 2021-06-29 | Unqualified |
Accountancy firm name | 2021-06-29 | TORRILLO & ASSOCIATES, LLC |
Accountancy firm EIN | 2021-06-29 | 830414789 |
2020 : DRINKER BIDDLE & REATH LLP CASH BALANCE PENSION PLAN I 2020 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $-890,057 |
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $-890,057 |
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 | $3,473,075 |
Total loss/gain on sale of assets | 2020-12-31 | $1,713,023 |
Total of all expenses incurred | 2020-12-31 | $1,310,289 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $1,178,964 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $2,871,940 |
Value of total assets at end of year | 2020-12-31 | $23,364,887 |
Value of total assets at beginning of year | 2020-12-31 | $21,202,101 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $131,325 |
Total interest from all sources | 2020-12-31 | $1,341 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $218,117 |
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 | $192,191 |
Administrative expenses professional fees incurred | 2020-12-31 | $74,071 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $7,500,000 |
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 |
Administrative expenses (other) incurred | 2020-12-31 | $23,969 |
Total non interest bearing cash at end of year | 2020-12-31 | $20,492,947 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $622,136 |
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 | $2,162,786 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $23,364,887 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $21,202,101 |
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 | $24,434 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $16,299,580 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $1,341 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $-441,289 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | Yes |
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 | $2,871,940 |
Employer contributions (assets) at end of year | 2020-12-31 | $2,871,940 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $1,192,483 |
Income. Dividends from common stock | 2020-12-31 | $25,926 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $1,178,964 |
Contract administrator fees | 2020-12-31 | $8,851 |
Assets. Corporate common stocks other than exployer securities at end of year | 2020-12-31 | $0 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2020-12-31 | $3,087,902 |
Did the plan have assets held for investment | 2020-12-31 | 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 | 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 |
Aggregate proceeds on sale of assets | 2020-12-31 | $21,579,078 |
Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $19,866,055 |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
Accountancy firm name | 2020-12-31 | TORRILLO & ASSOCIATES, LLC |
Accountancy firm EIN | 2020-12-31 | 830414789 |
2019 : DRINKER BIDDLE & REATH LLP CASH BALANCE PENSION PLAN I 2019 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $484,222 |
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $484,222 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $5,110,880 |
Total loss/gain on sale of assets | 2019-12-31 | $472,153 |
Total of all expenses incurred | 2019-12-31 | $1,335,519 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,172,253 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $2,754,847 |
Value of total assets at end of year | 2019-12-31 | $21,202,101 |
Value of total assets at beginning of year | 2019-12-31 | $17,426,740 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $163,266 |
Total interest from all sources | 2019-12-31 | $2,241 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $496,314 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $446,656 |
Administrative expenses professional fees incurred | 2019-12-31 | $81,813 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $7,500,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Administrative expenses (other) incurred | 2019-12-31 | $23,484 |
Total non interest bearing cash at end of year | 2019-12-31 | $622,136 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $400,676 |
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 | $3,775,361 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $21,202,101 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $17,426,740 |
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 leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $50,348 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $16,299,580 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $12,447,924 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $2,241 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $901,103 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
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 |
Contributions received in cash from employer | 2019-12-31 | $2,754,847 |
Employer contributions (assets) at end of year | 2019-12-31 | $1,192,483 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $985,674 |
Income. Dividends from common stock | 2019-12-31 | $49,658 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,172,253 |
Contract administrator fees | 2019-12-31 | $7,621 |
Assets. Corporate common stocks other than exployer securities at end of year | 2019-12-31 | $3,087,902 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $3,592,466 |
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 |
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 |
Aggregate proceeds on sale of assets | 2019-12-31 | $2,300,073 |
Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $1,827,920 |
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 |
Accountancy firm name | 2019-12-31 | TORRILLO & ASSOCIATES, LLC |
Accountancy firm EIN | 2019-12-31 | 830414789 |