RENAISSANCE FINANCIAL CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan RENAISSANCE FINANCIAL CORPORATION 401(K) PROFIT SHARING PLAN & TRUST
401k plan membership statisitcs for RENAISSANCE FINANCIAL CORPORATION 401(K) PROFIT SHARING PLAN & TRUST
Measure | Date | Value |
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2022 : RENAISSANCE FINANCIAL CORPORATION 401(K) PROFIT SHARING PLAN & TRUST 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 | $5,467 |
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 | $-2,502,437 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $919,836 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $919,796 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,532,665 |
Value of total assets at end of year | 2022-12-31 | $16,626,164 |
Value of total assets at beginning of year | 2022-12-31 | $20,042,970 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $40 |
Total interest from all sources | 2022-12-31 | $4,044 |
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 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $3,000,000 |
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 |
Contributions received from participants | 2022-12-31 | $739,433 |
Participant contributions at end of year | 2022-12-31 | $51,818 |
Participant contributions at beginning of year | 2022-12-31 | $65,724 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $5,467 |
Administrative expenses (other) incurred | 2022-12-31 | $40 |
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 | $-3,422,273 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $16,620,697 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $20,042,970 |
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 pooled separate accounts at end of year | 2022-12-31 | $15,715,525 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $19,126,287 |
Interest on participant loans | 2022-12-31 | $4,044 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $54,075 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $93,500 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-4,039,146 |
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 | $793,232 |
Employer contributions (assets) at end of year | 2022-12-31 | $804,746 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $757,459 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $919,796 |
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 | KIMBERLIN COMPANY, PLLC |
Accountancy firm EIN | 2022-12-31 | 455497718 |