DYNAMIC LIFECYCLE INNOVATIONS INC. has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2023 : DYNAMIC 401(K) PLAN 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 | $3,947,648 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $926,605 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $863,676 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $2,116,658 |
| Value of total assets at end of year | 2023-12-31 | $11,620,195 |
| Value of total assets at beginning of year | 2023-12-31 | $8,599,152 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $62,929 |
| Total interest from all sources | 2023-12-31 | $11,068 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| 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 | $1,378,710 |
| Participant contributions at end of year | 2023-12-31 | $192,231 |
| Participant contributions at beginning of year | 2023-12-31 | $96,778 |
| Participant contributions at end of year | 2023-12-31 | $88,160 |
| Participant contributions at beginning of year | 2023-12-31 | $22,344 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $203,192 |
| Total non interest bearing cash at end of year | 2023-12-31 | $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 | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $3,021,043 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $11,620,195 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $8,599,152 |
| 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 |
| Investment advisory and management fees | 2023-12-31 | $62,929 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $11,179,443 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $8,387,241 |
| Interest on participant loans | 2023-12-31 | $7,151 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $32,158 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $25,641 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $100,531 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $57,804 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $57,804 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $3,917 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $1,819,922 |
| 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 | No |
| 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 | $534,756 |
| Employer contributions (assets) at end of year | 2023-12-31 | $27,672 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $9,344 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $863,676 |
| 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 | ENGELSON & ASSOCIATES, LTD |
| Accountancy firm EIN | 2023-12-31 | 391825814 |
| 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 | $3,947,648 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $926,605 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $863,676 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $2,116,658 |
| Value of total assets at end of year | 2023-01-01 | $11,620,195 |
| Value of total assets at beginning of year | 2023-01-01 | $8,599,152 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $62,929 |
| Total interest from all sources | 2023-01-01 | $11,068 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| 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 | $1,378,710 |
| Participant contributions at end of year | 2023-01-01 | $192,231 |
| Participant contributions at beginning of year | 2023-01-01 | $96,778 |
| Participant contributions at end of year | 2023-01-01 | $88,160 |
| Participant contributions at beginning of year | 2023-01-01 | $22,344 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $203,192 |
| Total non interest bearing cash at end of year | 2023-01-01 | $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 | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $3,021,043 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $11,620,195 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $8,599,152 |
| 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 |
| Investment advisory and management fees | 2023-01-01 | $62,929 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $11,179,443 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $8,387,241 |
| Interest on participant loans | 2023-01-01 | $7,151 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $32,158 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $25,641 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $100,531 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-01-01 | $3,917 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $1,819,922 |
| 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 | No |
| 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 | $534,756 |
| Employer contributions (assets) at end of year | 2023-01-01 | $27,672 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $9,344 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $863,676 |
| 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 | ENGELSON & ASSOCIATES, LTD |
| Accountancy firm EIN | 2023-01-01 | 391825814 |
| 2022 : DYNAMIC 401(K) PLAN 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 | $598,105 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $492,253 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $438,664 |
| Value of total corrective distributions | 2022-12-31 | $3,970 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,101,565 |
| Value of total assets at end of year | 2022-12-31 | $8,599,152 |
| Value of total assets at beginning of year | 2022-12-31 | $8,493,300 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $49,619 |
| Total interest from all sources | 2022-12-31 | $5,438 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Administrative expenses professional fees incurred | 2022-12-31 | $49,619 |
| 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 | $1,334,703 |
| Participant contributions at end of year | 2022-12-31 | $96,778 |
| Participant contributions at beginning of year | 2022-12-31 | $81,117 |
| Participant contributions at end of year | 2022-12-31 | $22,344 |
| Participant contributions at beginning of year | 2022-12-31 | $58,116 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $299,860 |
| 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 | $105,852 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $8,599,152 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $8,493,300 |
| 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 | $8,387,241 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $8,108,585 |
| Interest on participant loans | 2022-12-31 | $4,228 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $25,641 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $122,846 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $57,804 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $102,722 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $102,722 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $1,210 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,508,898 |
| 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 | $467,002 |
| Employer contributions (assets) at end of year | 2022-12-31 | $9,344 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $19,914 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $438,664 |
| 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 | ENGELSON & ASSOCIATES, LTD |
| Accountancy firm EIN | 2022-12-31 | 391825814 |
| 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 | $598,105 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $492,253 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $438,664 |
| Value of total corrective distributions | 2022-01-01 | $3,970 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $2,101,565 |
| Value of total assets at end of year | 2022-01-01 | $8,599,152 |
| Value of total assets at beginning of year | 2022-01-01 | $8,493,300 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $49,619 |
| Total interest from all sources | 2022-01-01 | $5,438 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Administrative expenses professional fees incurred | 2022-01-01 | $49,619 |
| 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 | $1,334,703 |
| Participant contributions at end of year | 2022-01-01 | $96,778 |
| Participant contributions at beginning of year | 2022-01-01 | $81,117 |
| Participant contributions at end of year | 2022-01-01 | $22,344 |
| Participant contributions at beginning of year | 2022-01-01 | $58,116 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $299,860 |
| 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 | $105,852 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $8,599,152 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $8,493,300 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $8,387,241 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $8,108,585 |
| Interest on participant loans | 2022-01-01 | $4,228 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $25,641 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $122,846 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $57,804 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $1,210 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-1,508,898 |
| 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 | No |
| 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 | $467,002 |
| Employer contributions (assets) at end of year | 2022-01-01 | $9,344 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $19,914 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $438,664 |
| 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 | ENGELSON & ASSOCIATES, LTD |
| Accountancy firm EIN | 2022-01-01 | 391825814 |
| 2021 : DYNAMIC 401(K) PLAN 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 | $2,970,352 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $843,978 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $796,456 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,791,968 |
| Value of total assets at end of year | 2021-12-31 | $8,493,300 |
| Value of total assets at beginning of year | 2021-12-31 | $6,366,926 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $47,522 |
| Total interest from all sources | 2021-12-31 | $2,732 |
| 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 | $47,522 |
| 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 | $1,137,197 |
| Participant contributions at end of year | 2021-12-31 | $58,116 |
| Participant contributions at beginning of year | 2021-12-31 | $17,358 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $217,710 |
| Assets. Loans (other than to participants) at end of year | 2021-12-31 | $81,117 |
| Assets. Loans (other than to participants) at beginning of year | 2021-12-31 | $61,594 |
| 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 | $2,126,374 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $8,493,300 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $6,366,926 |
| 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 | $8,108,585 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $6,225,318 |
| Income. Interest from loans (other than to participants) | 2021-12-31 | $2,718 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $122,846 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $12,205 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $102,722 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $43,960 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $43,960 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $14 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,175,652 |
| 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 | $437,061 |
| Employer contributions (assets) at end of year | 2021-12-31 | $19,914 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $6,491 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $796,456 |
| 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 | ENGELSON & ASSOCIATES, LTD |
| Accountancy firm EIN | 2021-12-31 | 391825814 |
| 2020 : DYNAMIC 401(K) PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total transfer of assets to this plan | 2020-12-31 | $3,963,620 |
| 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 | $2,585,520 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $182,214 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $156,576 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,864,110 |
| Value of total assets at end of year | 2020-12-31 | $6,366,926 |
| Value of total assets at beginning of year | 2020-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $25,638 |
| Total interest from all sources | 2020-12-31 | $1,990 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
| Administrative expenses professional fees incurred | 2020-12-31 | $25,638 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $636,693 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | Yes |
| 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 | $1,085,268 |
| Participant contributions at end of year | 2020-12-31 | $17,358 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $328,344 |
| Assets. Loans (other than to participants) at end of year | 2020-12-31 | $61,594 |
| 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 | $2,403,306 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $6,366,926 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $0 |
| 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 | $6,225,318 |
| Interest on participant loans | 2020-12-31 | $1,115 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $12,205 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $43,960 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $875 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $719,420 |
| 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 | $450,498 |
| Employer contributions (assets) at end of year | 2020-12-31 | $6,491 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $156,576 |
| 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 | ENGELSON & ASSOCIATES, LTD |
| Accountancy firm EIN | 2020-12-31 | 391825814 |
