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EXECONLINE, INC. 401(K) PLAN 401k Plan overview

Plan NameEXECONLINE, INC. 401(K) PLAN
Plan identification number 001

EXECONLINE, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

EXECONLINE, INC. has sponsored the creation of one or more 401k plans.

Company Name:EXECONLINE, INC.
Employer identification number (EIN):455232242
NAIC Classification:611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EXECONLINE, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012020-01-01
0012019-01-01
0012018-01-12MARIEL MAIER2019-06-25 MARIEL MAIER2019-06-25

Plan Statistics for EXECONLINE, INC. 401(K) PLAN

401k plan membership statisitcs for EXECONLINE, INC. 401(K) PLAN

Measure Date Value
2022: EXECONLINE, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01256
Total number of active participants reported on line 7a of the Form 55002022-01-010
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-010
Number of participants with account balances2022-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: EXECONLINE, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01170
Total number of active participants reported on line 7a of the Form 55002021-01-01220
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0136
Total of all active and inactive participants2021-01-01256
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01256
Number of participants with account balances2021-01-01179
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: EXECONLINE, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01160
Total number of active participants reported on line 7a of the Form 55002020-01-01146
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0124
Total of all active and inactive participants2020-01-01170
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01170
Number of participants with account balances2020-01-01118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: EXECONLINE, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01122
Total number of active participants reported on line 7a of the Form 55002019-01-01149
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0111
Total of all active and inactive participants2019-01-01160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01160
Number of participants with account balances2019-01-01102
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010

Financial Data on EXECONLINE, INC. 401(K) PLAN

Measure Date Value
2022 : EXECONLINE, INC. 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-10-03$0
Total transfer of assets from this plan2022-10-03$6,518,108
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-10-03$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-10-03$0
Total income from all sources (including contributions)2022-10-03$523,820
Total loss/gain on sale of assets2022-10-03$0
Total of all expenses incurred2022-10-03$253,347
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-10-03$244,228
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-10-03$2,150,839
Value of total assets at end of year2022-10-03$0
Value of total assets at beginning of year2022-10-03$6,247,635
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-10-03$9,119
Total interest from all sources2022-10-03$105
Total dividends received (eg from common stock, registered investment company shares)2022-10-03$25,888
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-10-03Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2022-10-03$0
Total dividends received from registered investment company shares (eg mutual funds)2022-10-03$25,888
Was this plan covered by a fidelity bond2022-10-03Yes
Value of fidelity bond cover2022-10-03$500,000
If this is an individual account plan, was there a blackout period2022-10-03No
Were there any nonexempt tranactions with any party-in-interest2022-10-03No
Contributions received from participants2022-10-03$1,532,064
Participant contributions at end of year2022-10-03$0
Participant contributions at beginning of year2022-10-03$140
Participant contributions at end of year2022-10-03$0
Participant contributions at beginning of year2022-10-03$49,457
Income. Received or receivable in cash from other sources (including rollovers)2022-10-03$618,775
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-10-03No
Value of net income/loss2022-10-03$270,473
Value of net assets at end of year (total assets less liabilities)2022-10-03$0
Value of net assets at beginning of year (total assets less liabilities)2022-10-03$6,247,635
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-10-03No
Were any loans by the plan or fixed income obligations due to the plan in default2022-10-03No
Were any leases to which the plan was party in default or uncollectible2022-10-03No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-10-03$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-10-03$6,194,853
Interest on participant loans2022-10-03$50
Income. Interest from loans (other than to participants)2022-10-03$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-10-03$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-10-03$3,185
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-10-03$3,185
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-10-03$55
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-10-03$-1,653,012
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-10-03No
Was there a failure to transmit to the plan any participant contributions2022-10-03No
Has the plan failed to provide any benefit when due under the plan2022-10-03No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-10-03$244,228
Contract administrator fees2022-10-03$9,119
Did the plan have assets held for investment2022-10-03No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-10-03No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-10-03Yes
Opinion of an independent qualified public accountant for this plan2022-10-03Unqualified
Accountancy firm name2022-10-03CLIFTONLARSONALLEN,LLP
Accountancy firm EIN2022-10-03410746749
2021 : EXECONLINE, INC. 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$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$2,383,673
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$345,122
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$344,257
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,579,581
Value of total assets at end of year2021-12-31$6,247,635
Value of total assets at beginning of year2021-12-31$4,209,084
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$865
Total interest from all sources2021-12-31$78
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$95,378
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$95,378
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,401,361
Participant contributions at end of year2021-12-31$140
Participant contributions at beginning of year2021-12-31$32,724
Participant contributions at end of year2021-12-31$49,457
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$178,220
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$2,038,551
Value of net assets at end of year (total assets less liabilities)2021-12-31$6,247,635
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$4,209,084
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$6,194,853
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$4,174,057
Interest on participant loans2021-12-31$31
Income. Interest from loans (other than to participants)2021-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$3,185
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$2,303
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$2,303
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$47
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$708,636
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$344,257
Contract administrator fees2021-12-31$865
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31CLIFTONLARSONALLEN,LLP
Accountancy firm EIN2021-12-31410746749
2020 : EXECONLINE, INC. 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$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$1,800,065
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$314,425
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$307,582
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,179,729
Value of total assets at end of year2020-12-31$4,209,084
Value of total assets at beginning of year2020-12-31$2,723,444
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$6,843
Total interest from all sources2020-12-31$2,448
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$61,716
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$61,716
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$1,028,221
Participant contributions at end of year2020-12-31$32,724
Participant contributions at beginning of year2020-12-31$50,724
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$151,508
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,485,640
Value of net assets at end of year (total assets less liabilities)2020-12-31$4,209,084
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$2,723,444
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$4,174,057
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$2,671,189
Interest on participant loans2020-12-31$2,417
Income. Interest from loans (other than to participants)2020-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$2,303
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$1,531
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$1,531
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$31
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$556,172
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$307,582
Contract administrator fees2020-12-31$6,843
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31CLIFTONLARSONALLEN,LLP
Accountancy firm EIN2020-12-31410746749
2019 : EXECONLINE, INC. 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$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$1,335,620
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$110,632
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$106,122
Value of total corrective distributions2019-12-31$3,633
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$892,953
Value of total assets at end of year2019-12-31$2,723,444
Value of total assets at beginning of year2019-12-31$1,498,456
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$877
Total interest from all sources2019-12-31$3,174
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$50,399
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$50,399
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$810,010
Participant contributions at end of year2019-12-31$50,724
Participant contributions at beginning of year2019-12-31$56,686
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$82,943
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$1,224,988
Value of net assets at end of year (total assets less liabilities)2019-12-31$2,723,444
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$1,498,456
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$2,671,189
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$1,441,054
Interest on participant loans2019-12-31$3,136
Income. Interest from loans (other than to participants)2019-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$1,531
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$716
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$716
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$38
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$389,094
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$106,122
Contract administrator fees2019-12-31$877
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31CLIFTONLARSONALLEN,LLP
Accountancy firm EIN2019-12-31410746749

Form 5500 Responses for EXECONLINE, INC. 401(K) PLAN

2022: EXECONLINE, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingYes
2022-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: EXECONLINE, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: EXECONLINE, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: EXECONLINE, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes

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