MAGNOLIA FOODS LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MAGNOLIA FOODS RETIREMENT PLAN
Measure | Date | Value |
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2022 : MAGNOLIA FOODS RETIREMENT PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total transfer of assets to this plan | 2022-12-31 | $0 |
Total transfer of assets from this plan | 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 | $348,147 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $326,477 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $320,395 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $772 |
Value of total corrective distributions | 2022-12-31 | $155 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $671,693 |
Value of total assets at end of year | 2022-12-31 | $1,896,515 |
Value of total assets at beginning of year | 2022-12-31 | $1,874,845 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $5,155 |
Total interest from all sources | 2022-12-31 | $4,546 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $152,336 |
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 | $152,336 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $188,000 |
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 | $414,026 |
Participant contributions at end of year | 2022-12-31 | $131,293 |
Participant contributions at beginning of year | 2022-12-31 | $71,961 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $33,545 |
Administrative expenses (other) incurred | 2022-12-31 | $5,155 |
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 | $21,670 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $1,896,515 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $1,874,845 |
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 | $1,714,370 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $1,666,437 |
Interest on participant loans | 2022-12-31 | $4,546 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $50,852 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $136,447 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-460,302 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $-20,126 |
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 | $224,122 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $320,395 |
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 | SOREN MCADAM LLP |
Accountancy firm EIN | 2022-12-31 | 770549163 |
2021 : MAGNOLIA FOODS RETIREMENT PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total transfer of assets to this plan | 2021-12-31 | $0 |
Total transfer of assets from this plan | 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 | $805,579 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $240,354 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $237,144 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $867 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $592,588 |
Value of total assets at end of year | 2021-12-31 | $1,874,845 |
Value of total assets at beginning of year | 2021-12-31 | $1,309,620 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $2,343 |
Total interest from all sources | 2021-12-31 | $3,529 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $147,716 |
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 | $147,716 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $131,000 |
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 | $368,051 |
Participant contributions at end of year | 2021-12-31 | $71,961 |
Participant contributions at beginning of year | 2021-12-31 | $52,616 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $33,073 |
Administrative expenses (other) incurred | 2021-12-31 | $2,343 |
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 | $565,225 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $1,874,845 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $1,309,620 |
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 | $1,666,437 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $1,191,155 |
Interest on participant loans | 2021-12-31 | $3,529 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $136,447 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $65,849 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $43,231 |
Net investment gain or loss from common/collective trusts | 2021-12-31 | $18,515 |
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 | $191,464 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $237,144 |
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 | 2021-12-31 | No |
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 | SOREN MCADAM LLP |
Accountancy firm EIN | 2021-12-31 | 770549163 |
2020 : MAGNOLIA FOODS RETIREMENT PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total transfer of assets to this plan | 2020-12-31 | $0 |
Total transfer of assets from this plan | 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 | $652,389 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $33,752 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $26,763 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $5,007 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $472,931 |
Value of total assets at end of year | 2020-12-31 | $1,309,620 |
Value of total assets at beginning of year | 2020-12-31 | $690,983 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $1,982 |
Total interest from all sources | 2020-12-31 | $2,551 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $50,803 |
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 | $50,803 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $70,000 |
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 | $298,531 |
Participant contributions at end of year | 2020-12-31 | $52,616 |
Participant contributions at beginning of year | 2020-12-31 | $31,105 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $1,620 |
Administrative expenses (other) incurred | 2020-12-31 | $1,982 |
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 | $618,637 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $1,309,620 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $690,983 |
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 | $1,191,155 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $630,477 |
Interest on participant loans | 2020-12-31 | $2,551 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $65,849 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $29,401 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $116,402 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $9,702 |
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 | $172,780 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $26,763 |
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 | JASON LEWIS |
Accountancy firm EIN | 2020-12-31 | 770549163 |