FAITH TECHNOLOGIES INCORPORATED (FTI) has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan FAITH TECHNOLOGIES INCORPORATED 401(A) PLAN
Measure | Date | Value |
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2022 : FAITH TECHNOLOGIES INCORPORATED 401(A) PLAN 2022 401k financial data |
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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 | $633,586 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $258,679 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $219,845 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,382,029 |
Value of total assets at end of year | 2022-12-31 | $4,800,939 |
Value of total assets at beginning of year | 2022-12-31 | $4,426,032 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $38,834 |
Total interest from all sources | 2022-12-31 | $7,768 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $52,398 |
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 | $52,398 |
Administrative expenses professional fees incurred | 2022-12-31 | $13,104 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
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 |
Other income not declared elsewhere | 2022-12-31 | $339 |
Administrative expenses (other) incurred | 2022-12-31 | $175 |
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 | $374,907 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $4,800,939 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $4,426,032 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $3,248,947 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $2,595,725 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $1,073,173 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $869,139 |
Interest earned on other investments | 2022-12-31 | $7,768 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $478,819 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $553,168 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-606,254 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-202,694 |
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 | No |
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 | $1,382,029 |
Employer contributions (assets) at end of year | 2022-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $408,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $219,845 |
Contract administrator fees | 2022-12-31 | $25,555 |
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 | GRANT THORNTON LLP |
Accountancy firm EIN | 2022-12-31 | 366055558 |
2021 : FAITH TECHNOLOGIES INCORPORATED 401(A) 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 | $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 | $1,098,102 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $92,036 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $63,353 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $665,400 |
Value of total assets at end of year | 2021-12-31 | $4,426,032 |
Value of total assets at beginning of year | 2021-12-31 | $3,419,966 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $28,683 |
Total interest from all sources | 2021-12-31 | $13,364 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $34,842 |
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 | $34,842 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
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 |
Other income not declared elsewhere | 2021-12-31 | $-4,610 |
Administrative expenses (other) incurred | 2021-12-31 | $28,683 |
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 | $1,006,066 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $4,426,032 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $3,419,966 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $2,595,725 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $1,563,598 |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $869,139 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $1,004,983 |
Interest earned on other investments | 2021-12-31 | $13,364 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $553,168 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $851,385 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $361,817 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $27,289 |
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 | $665,400 |
Employer contributions (assets) at end of year | 2021-12-31 | $408,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $63,353 |
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 | GRANT THORNTON LLP |
Accountancy firm EIN | 2021-12-31 | 366055558 |
2020 : FAITH TECHNOLOGIES INCORPORATED 401(A) PLAN 2020 401k financial data |
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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 | $394,665 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $121,177 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $91,069 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $5,000 |
Value of total assets at end of year | 2020-12-31 | $3,419,966 |
Value of total assets at beginning of year | 2020-12-31 | $3,146,478 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $30,108 |
Total interest from all sources | 2020-12-31 | $12,339 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $21,138 |
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 | $21,138 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
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 |
Other income not declared elsewhere | 2020-12-31 | $-5 |
Administrative expenses (other) incurred | 2020-12-31 | $30,108 |
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 | $273,488 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $3,419,966 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $3,146,478 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $1,563,598 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $1,689,537 |
Value of interest in pooled separate accounts at end of year | 2020-12-31 | $1,004,983 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $1,067,928 |
Interest earned on other investments | 2020-12-31 | $12,339 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $851,385 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $389,013 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $172,275 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $183,918 |
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 | $5,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $91,069 |
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 | GRANT THORNTON LLP |
Accountancy firm EIN | 2020-12-31 | 366055558 |
2019 : FAITH TECHNOLOGIES INCORPORATED 401(A) 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 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $3,174,036 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $27,558 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $26,183 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $2,957,000 |
Value of total assets at end of year | 2019-12-31 | $3,146,478 |
Value of total assets at beginning of year | 2019-12-31 | $0 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $1,375 |
Total interest from all sources | 2019-12-31 | $2,340 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $27,304 |
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 | $27,304 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
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 | $1,375 |
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 | $3,146,478 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $3,146,478 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $0 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $1,689,537 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $0 |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $1,067,928 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $0 |
Interest earned on other investments | 2019-12-31 | $2,340 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $389,013 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $159,361 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $28,031 |
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 | $2,957,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $26,183 |
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 | GRANT THORNTON LLP |
Accountancy firm EIN | 2019-12-31 | 366055558 |