FIRST DIRECT LENDING, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan FIRST DIRECT LENDING 401(K) AND PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2018 : FIRST DIRECT LENDING 401(K) AND PROFIT SHARING PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-10-23 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-10-23 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-10-23 | $0 |
| Total income from all sources (including contributions) | 2018-10-23 | $460,330 |
| Total loss/gain on sale of assets | 2018-10-23 | $0 |
| Total of all expenses incurred | 2018-10-23 | $2,669,086 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-10-23 | $2,621,950 |
| Expenses. Certain deemed distributions of participant loans | 2018-10-23 | $0 |
| Value of total corrective distributions | 2018-10-23 | $730 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-10-23 | $355,698 |
| Value of total assets at end of year | 2018-10-23 | $0 |
| Value of total assets at beginning of year | 2018-10-23 | $2,208,756 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-10-23 | $46,406 |
| Total interest from all sources | 2018-10-23 | $3,803 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-10-23 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-10-23 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2018-10-23 | $0 |
| Administrative expenses professional fees incurred | 2018-10-23 | $18,268 |
| Was this plan covered by a fidelity bond | 2018-10-23 | Yes |
| Value of fidelity bond cover | 2018-10-23 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2018-10-23 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-10-23 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-10-23 | No |
| Contributions received from participants | 2018-10-23 | $308,897 |
| Participant contributions at end of year | 2018-10-23 | $0 |
| Participant contributions at beginning of year | 2018-10-23 | $87,003 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-10-23 | $0 |
| Other income not declared elsewhere | 2018-10-23 | $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 | 2018-10-23 | No |
| Value of net income/loss | 2018-10-23 | $-2,208,756 |
| Value of net assets at end of year (total assets less liabilities) | 2018-10-23 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-10-23 | $2,208,756 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-10-23 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-10-23 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-10-23 | No |
| Value of interest in pooled separate accounts at end of year | 2018-10-23 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2018-10-23 | $2,102,222 |
| Interest on participant loans | 2018-10-23 | $3,651 |
| Interest earned on other investments | 2018-10-23 | $152 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-10-23 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-10-23 | $19,531 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-10-23 | $0 |
| Net investment gain/loss from pooled separate accounts | 2018-10-23 | $100,829 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-10-23 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-10-23 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-10-23 | No |
| Contributions received in cash from employer | 2018-10-23 | $46,801 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-10-23 | $2,621,950 |
| Contract administrator fees | 2018-10-23 | $28,138 |
| Did the plan have assets held for investment | 2018-10-23 | No |
| 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 | 2018-10-23 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-10-23 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-10-23 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-10-23 | Disclaimer |
| Accountancy firm name | 2018-10-23 | KIECKHAFER SCHIFFER LLP |
| Accountancy firm EIN | 2018-10-23 | 815052000 |
| 2017 : FIRST DIRECT LENDING 401(K) AND PROFIT SHARING PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total income from all sources (including contributions) | 2017-12-31 | $1,595,695 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $183,454 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $164,273 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $1,329,724 |
| Value of total assets at end of year | 2017-12-31 | $2,208,756 |
| Value of total assets at beginning of year | 2017-12-31 | $796,515 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $19,181 |
| Total interest from all sources | 2017-12-31 | $3,634 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $885,884 |
| Participant contributions at end of year | 2017-12-31 | $87,003 |
| Participant contributions at beginning of year | 2017-12-31 | $33,223 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $229,732 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $1,412,241 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $2,208,756 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $796,515 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2017-12-31 | $2,102,222 |
| Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $759,482 |
| Interest on participant loans | 2017-12-31 | $3,566 |
| Interest earned on other investments | 2017-12-31 | $68 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $19,531 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $3,810 |
| Net investment gain/loss from pooled separate accounts | 2017-12-31 | $262,337 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $214,108 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $164,273 |
| Contract administrator fees | 2017-12-31 | $19,181 |
| Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | KIECKHAFER SCHIFFER LLP |
| Accountancy firm EIN | 2017-12-31 | 815052000 |
| 2016 : FIRST DIRECT LENDING 401(K) AND PROFIT SHARING PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total income from all sources (including contributions) | 2016-12-31 | $501,003 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $52,275 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $49,683 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $449,341 |
| Value of total assets at end of year | 2016-12-31 | $796,515 |
| Value of total assets at beginning of year | 2016-12-31 | $347,787 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $2,592 |
| Total interest from all sources | 2016-12-31 | $1,299 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $75,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $281,115 |
| Participant contributions at end of year | 2016-12-31 | $33,223 |
| Participant contributions at beginning of year | 2016-12-31 | $21,585 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $168,226 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $448,728 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $796,515 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $347,787 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2016-12-31 | $759,482 |
| Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $324,611 |
| Interest on participant loans | 2016-12-31 | $1,263 |
| Interest earned on other investments | 2016-12-31 | $36 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $3,810 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $1,591 |
| Net investment gain/loss from pooled separate accounts | 2016-12-31 | $50,363 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $49,683 |
| Contract administrator fees | 2016-12-31 | $2,592 |
| Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | KIECKHAFER SCHIFFER & COMPANY LLP. |
| Accountancy firm EIN | 2016-12-31 | 330688321 |
