NATIONAL RECOVERIES, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan NATIONAL RECOVERIES 401(K) PLAN
Measure | Date | Value |
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2022 : NATIONAL RECOVERIES 401(K) PLAN 2022 401k financial data |
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Total income from all sources (including contributions) | 2022-03-31 | $-262,424 |
Total of all expenses incurred | 2022-03-31 | $4,504,085 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-03-31 | $4,484,439 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-03-31 | $1,229 |
Value of total assets at end of year | 2022-03-31 | $0 |
Value of total assets at beginning of year | 2022-03-31 | $4,766,509 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-03-31 | $19,646 |
Total interest from all sources | 2022-03-31 | $1,225 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-03-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2022-03-31 | $0 |
Administrative expenses professional fees incurred | 2022-03-31 | $12,125 |
Was this plan covered by a fidelity bond | 2022-03-31 | Yes |
Value of fidelity bond cover | 2022-03-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-03-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-03-31 | No |
Participant contributions at end of year | 2022-03-31 | $0 |
Participant contributions at beginning of year | 2022-03-31 | $144,534 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-03-31 | $1,229 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-03-31 | No |
Value of net income/loss | 2022-03-31 | $-4,766,509 |
Value of net assets at end of year (total assets less liabilities) | 2022-03-31 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-03-31 | $4,766,509 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-03-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-03-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-03-31 | No |
Investment advisory and management fees | 2022-03-31 | $2,788 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-03-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-03-31 | $4,621,975 |
Income. Interest from loans (other than to participants) | 2022-03-31 | $1,225 |
Net investment gain/loss from pooled separate accounts | 2022-03-31 | $-264,878 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-03-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-03-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-03-31 | No |
Employer contributions (assets) at end of year | 2022-03-31 | $0 |
Employer contributions (assets) at beginning of year | 2022-03-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-03-31 | $4,484,439 |
Contract administrator fees | 2022-03-31 | $4,733 |
Did the plan have assets held for investment | 2022-03-31 | 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 | 2022-03-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-03-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2022-03-31 | Disclaimer |
Accountancy firm name | 2022-03-31 | THORESEN DIABY HELLE CONDON & DODGE |
Accountancy firm EIN | 2022-03-31 | 411687782 |
2021 : NATIONAL RECOVERIES 401(K) PLAN 2021 401k financial data |
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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 | $10,768 |
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 | $1,526,622 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $1,809,362 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,728,247 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $706,773 |
Value of total assets at end of year | 2021-12-31 | $4,777,277 |
Value of total assets at beginning of year | 2021-12-31 | $5,049,249 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $81,115 |
Total interest from all sources | 2021-12-31 | $13,783 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Administrative expenses professional fees incurred | 2021-12-31 | $21,225 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $439,435 |
Participant contributions at end of year | 2021-12-31 | $144,534 |
Participant contributions at beginning of year | 2021-12-31 | $240,389 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $9,828 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $10,768 |
Other income not declared elsewhere | 2021-12-31 | $577 |
Administrative expenses (other) incurred | 2021-12-31 | $0 |
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 | $-282,740 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $4,766,509 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $5,049,249 |
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 | $25,581 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $4,621,975 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $4,808,666 |
Income. Interest from loans (other than to participants) | 2021-12-31 | $13,783 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $805,489 |
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 | $257,510 |
Employer contributions (assets) at end of year | 2021-12-31 | $10,768 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $194 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,728,247 |
Contract administrator fees | 2021-12-31 | $34,309 |
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 | Disclaimer |
Accountancy firm name | 2021-12-31 | THORESEN DIABY HELLE CONDON & DODGE |
Accountancy firm EIN | 2021-12-31 | 411687782 |
2020 : NATIONAL RECOVERIES 401(K) PLAN 2020 401k financial data |
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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 | $2,032,391 |
Total of all expenses incurred | 2020-12-31 | $595,626 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $533,363 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,327,667 |
Value of total assets at end of year | 2020-12-31 | $5,049,249 |
Value of total assets at beginning of year | 2020-12-31 | $3,612,484 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $62,263 |
Total interest from all sources | 2020-12-31 | $12,634 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Administrative expenses professional fees incurred | 2020-12-31 | $16,301 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $400,000 |
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 | $720,046 |
Participant contributions at end of year | 2020-12-31 | $240,389 |
Participant contributions at beginning of year | 2020-12-31 | $193,002 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $156,141 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $1,353 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $1,436,765 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $5,049,249 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $3,612,484 |
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 | $19,360 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $4,808,666 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $3,417,529 |
Interest on participant loans | 2020-12-31 | $12,634 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $692,090 |
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 | $451,480 |
Employer contributions (assets) at end of year | 2020-12-31 | $194 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $600 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $533,363 |
Contract administrator fees | 2020-12-31 | $26,602 |
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 | THORESEN DIABY HELLE CONDON & DODGE |
Accountancy firm EIN | 2020-12-31 | 411687782 |
2019 : NATIONAL RECOVERIES 401(K) PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
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 | $1,558 |
Total income from all sources (including contributions) | 2019-12-31 | $1,919,092 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $319,042 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $266,586 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,312,729 |
Value of total assets at end of year | 2019-12-31 | $3,612,484 |
Value of total assets at beginning of year | 2019-12-31 | $2,013,992 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $52,456 |
Total interest from all sources | 2019-12-31 | $8,431 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Administrative expenses professional fees incurred | 2019-12-31 | $18,699 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $250,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $773,337 |
Participant contributions at end of year | 2019-12-31 | $193,002 |
Participant contributions at beginning of year | 2019-12-31 | $58,807 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $29,762 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $1,558 |
Other income not declared elsewhere | 2019-12-31 | $2,158 |
Administrative expenses (other) incurred | 2019-12-31 | $0 |
Total non interest bearing cash at end of year | 2019-12-31 | $1,353 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $5,634 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $1,600,050 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $3,612,484 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $2,012,434 |
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 | $13,957 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $3,417,529 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $1,941,396 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $0 |
Interest on participant loans | 2019-12-31 | $8,431 |
Value of interest in master investment trust accounts at beginning of year | 2019-12-31 | $0 |
Assets. Value of investments in 103.12 investment entities at beginning of year | 2019-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $0 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $595,774 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
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 | $509,630 |
Employer contributions (assets) at end of year | 2019-12-31 | $600 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $8,155 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $266,586 |
Contract administrator fees | 2019-12-31 | $19,800 |
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 |
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 | THORESEN DIABY HELLE CONDON & DODGE |
Accountancy firm EIN | 2019-12-31 | 411687782 |
2018 : NATIONAL RECOVERIES 401(K) 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 | $1,267,386 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $1,558 |
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 | $963,270 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $226,377 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $193,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $1,160,488 |
Value of total assets at end of year | 2018-12-31 | $2,005,837 |
Value of total assets at beginning of year | 2018-12-31 | $0 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $33,377 |
Total interest from all sources | 2018-12-31 | $2,525 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Administrative expenses professional fees incurred | 2018-12-31 | $12,991 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $250,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $649,556 |
Participant contributions at end of year | 2018-12-31 | $58,807 |
Participant contributions at beginning of year | 2018-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $62,051 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $1,558 |
Other income not declared elsewhere | 2018-12-31 | $816 |
Administrative expenses (other) incurred | 2018-12-31 | $0 |
Total non interest bearing cash at end of year | 2018-12-31 | $5,634 |
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 | $736,893 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $2,004,279 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $0 |
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 |
Investment advisory and management fees | 2018-12-31 | $8,313 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $1,941,396 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $0 |
Value of interest in pooled separate accounts at end of year | 2018-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $0 |
Interest on participant loans | 2018-12-31 | $2,525 |
Value of interest in master investment trust accounts at end of year | 2018-12-31 | $0 |
Value of interest in master investment trust accounts at beginning of year | 2018-12-31 | $0 |
Assets. Value of investments in 103.12 investment entities at end of year | 2018-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $0 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-200,559 |
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 | $448,881 |
Employer contributions (assets) at end of year | 2018-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $193,000 |
Contract administrator fees | 2018-12-31 | $12,073 |
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 | 2018-12-31 | Yes |
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 | THORESEN DIABY HELLE CONDON & DODGE |
Accountancy firm EIN | 2018-12-31 | 411687782 |