ARIES BUILDING SYSTEMS, LLC has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2022 : ARIES 401(K) PLAN 2022 401k financial data |
|---|
| Total income from all sources (including contributions) | 2022-12-31 | $267,729 |
| Total of all expenses incurred | 2022-12-31 | $152,335 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $86,722 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $0 |
| Value of total corrective distributions | 2022-12-31 | $51,134 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $547,673 |
| Value of total assets at end of year | 2022-12-31 | $1,776,900 |
| Value of total assets at beginning of year | 2022-12-31 | $1,661,506 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $14,479 |
| Total interest from all sources | 2022-12-31 | $1,367 |
| 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 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $0 |
| 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 | $465,654 |
| Participant contributions at end of year | 2022-12-31 | $23,022 |
| Participant contributions at beginning of year | 2022-12-31 | $3,906 |
| Participant contributions at end of year | 2022-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $3,541 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $0 |
| Total non interest bearing cash at end of year | 2022-12-31 | $8,066 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $4,877 |
| 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 | $115,394 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $1,776,900 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $1,661,506 |
| 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 | $327 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $1,745,812 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $1,652,723 |
| Interest on participant loans | 2022-12-31 | $761 |
| Interest earned on other investments | 2022-12-31 | $606 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $0 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-281,311 |
| 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 | $78,478 |
| Employer contributions (assets) at end of year | 2022-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $86,722 |
| Contract administrator fees | 2022-12-31 | $14,152 |
| 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 | BENEFIT AUDIT GROUP, LLC |
| Accountancy firm EIN | 2022-12-31 | 262404897 |
| 2021 : ARIES 401(K) PLAN 2021 401k financial data |
|---|
| Total income from all sources (including contributions) | 2021-12-31 | $888,197 |
| Total of all expenses incurred | 2021-12-31 | $185,258 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $131,929 |
| Value of total corrective distributions | 2021-12-31 | $42,982 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $745,755 |
| Value of total assets at end of year | 2021-12-31 | $1,661,506 |
| Value of total assets at beginning of year | 2021-12-31 | $958,567 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $10,347 |
| Total interest from all sources | 2021-12-31 | $26 |
| 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 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | Yes |
| 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 | $414,178 |
| Participant contributions at end of year | 2021-12-31 | $3,906 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $259,136 |
| Total non interest bearing cash at end of year | 2021-12-31 | $4,877 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $2,021 |
| 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 | $702,939 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $1,661,506 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $958,567 |
| 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 pooled separate accounts at end of year | 2021-12-31 | $1,652,723 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $956,546 |
| Interest on participant loans | 2021-12-31 | $26 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $142,416 |
| 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 | Yes |
| 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 | $72,441 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $131,929 |
| Contract administrator fees | 2021-12-31 | $10,347 |
| 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 | Yes |
| 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 | Disclaimer |
| Accountancy firm name | 2021-12-31 | BENEFIT AUDIT GROUP, LLC |
| Accountancy firm EIN | 2021-12-31 | 262404897 |
