SHEERID has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2022 : SHEERID 401(K) 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 | $2,138,679 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $687,267 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $666,863 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $13,377 |
Value of total corrective distributions | 2022-12-31 | $959 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $3,327,068 |
Value of total assets at end of year | 2022-12-31 | $7,232,761 |
Value of total assets at beginning of year | 2022-12-31 | $5,781,349 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $6,068 |
Total interest from all sources | 2022-12-31 | $1,920 |
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 | $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 |
Contributions received from participants | 2022-12-31 | $1,941,362 |
Participant contributions at end of year | 2022-12-31 | $54,415 |
Participant contributions at beginning of year | 2022-12-31 | $19,966 |
Participant contributions at end of year | 2022-12-31 | $2,049 |
Participant contributions at beginning of year | 2022-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $406,074 |
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 | $1,451,412 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $7,232,761 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $5,781,349 |
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 |
Investment advisory and management fees | 2022-12-31 | $3,123 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $7,123,595 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $5,761,383 |
Interest on participant loans | 2022-12-31 | $1,920 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $306 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $0 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-1,190,309 |
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 | Yes |
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 | $979,632 |
Employer contributions (assets) at end of year | 2022-12-31 | $52,396 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $666,863 |
Contract administrator fees | 2022-12-31 | $2,945 |
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 | KBF CPAS LLP |
Accountancy firm EIN | 2022-12-31 | 821030164 |
2021 : SHEERID 401(K) PLAN 2021 401k financial data |
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Total income from all sources (including contributions) | 2021-12-31 | $3,482,144 |
Total of all expenses incurred | 2021-12-31 | $193,747 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $190,373 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $2,886,964 |
Value of total assets at end of year | 2021-12-31 | $5,781,349 |
Value of total assets at beginning of year | 2021-12-31 | $2,492,952 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $3,374 |
Total interest from all sources | 2021-12-31 | $757 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $385,000 |
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 | $1,527,846 |
Participant contributions at end of year | 2021-12-31 | $19,966 |
Participant contributions at beginning of year | 2021-12-31 | $6,760 |
Participant contributions at beginning of year | 2021-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $818,222 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $0 |
Total non interest bearing cash at beginning of year | 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 | $3,288,397 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $5,781,349 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $2,492,952 |
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 | $2,046 |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $5,761,383 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $2,486,192 |
Interest on participant loans | 2021-12-31 | $757 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $594,423 |
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 | $540,896 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $190,373 |
Contract administrator fees | 2021-12-31 | $1,328 |
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 | KBF CPAS LLP |
Accountancy firm EIN | 2021-12-31 | 821030164 |
2020 : SHEERID 401(K) PLAN 2020 401k financial data |
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Total income from all sources (including contributions) | 2020-12-31 | $1,458,324 |
Total of all expenses incurred | 2020-12-31 | $89,135 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $86,331 |
Value of total corrective distributions | 2020-12-31 | $1,575 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,057,316 |
Value of total assets at end of year | 2020-12-31 | $2,492,952 |
Value of total assets at beginning of year | 2020-12-31 | $1,123,763 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $1,229 |
Total interest from all sources | 2020-12-31 | $390 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $385,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $871,435 |
Participant contributions at end of year | 2020-12-31 | $6,760 |
Participant contributions at end of year | 2020-12-31 | $0 |
Participant contributions at beginning of year | 2020-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $185,881 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $0 |
Administrative expenses (other) incurred | 2020-12-31 | $1,229 |
Total non interest bearing cash at end of year | 2020-12-31 | $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 | 2020-12-31 | No |
Income. Non cash contributions | 2020-12-31 | $0 |
Value of net income/loss | 2020-12-31 | $1,369,189 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $2,492,952 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $1,123,763 |
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 pooled separate accounts at end of year | 2020-12-31 | $2,486,192 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $1,123,763 |
Interest on participant loans | 2020-12-31 | $390 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $400,618 |
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 | $0 |
Employer contributions (assets) at end of year | 2020-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $86,331 |
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 | Unqualified |
Accountancy firm name | 2020-12-31 | KBF CPAS LLP |
Accountancy firm EIN | 2020-12-31 | 821030164 |