INFINITY ENERGY INC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan INFINITY ENERGY INC 401K PROFIT SHARING PLAN
Measure | Date | Value |
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2021 : INFINITY ENERGY INC 401K PROFIT SHARING PLAN 2021 401k financial data |
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Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $3,362 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $4,198 |
Total income from all sources (including contributions) | 2021-12-31 | $2,001,694 |
Total of all expenses incurred | 2021-12-31 | $549,335 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $494,606 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,537,044 |
Value of total assets at end of year | 2021-12-31 | $3,866,644 |
Value of total assets at beginning of year | 2021-12-31 | $2,415,121 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $54,729 |
Total interest from all sources | 2021-12-31 | $3,326 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Administrative expenses professional fees incurred | 2021-12-31 | $54,729 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $245,000 |
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 | $894,280 |
Participant contributions at end of year | 2021-12-31 | $89,415 |
Participant contributions at beginning of year | 2021-12-31 | $60,041 |
Participant contributions at end of year | 2021-12-31 | $2,101 |
Participant contributions at beginning of year | 2021-12-31 | $844 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $43,053 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $3,362 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $4,198 |
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 | $1,452,359 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $3,863,282 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $2,410,923 |
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 | $3,652,354 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $2,264,637 |
Income. Interest from loans (other than to participants) | 2021-12-31 | $3,326 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $461,324 |
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 | $599,711 |
Employer contributions (assets) at end of year | 2021-12-31 | $122,774 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $89,599 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $494,606 |
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 | LEE CPA AUDIT GROUP |
Accountancy firm EIN | 2021-12-31 | 814637885 |
2020 : INFINITY ENERGY INC 401K PROFIT SHARING PLAN 2020 401k financial data |
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Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $4,198 |
Total income from all sources (including contributions) | 2020-12-31 | $1,190,615 |
Total of all expenses incurred | 2020-12-31 | $31,147 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $4,561 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $857,554 |
Value of total assets at end of year | 2020-12-31 | $2,415,121 |
Value of total assets at beginning of year | 2020-12-31 | $1,251,455 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $26,586 |
Total interest from all sources | 2020-12-31 | $3,191 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Administrative expenses professional fees incurred | 2020-12-31 | $26,586 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $130,000 |
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 | $456,487 |
Participant contributions at end of year | 2020-12-31 | $60,041 |
Participant contributions at beginning of year | 2020-12-31 | $37,004 |
Participant contributions at end of year | 2020-12-31 | $844 |
Participant contributions at beginning of year | 2020-12-31 | $24,407 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $135,100 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $4,198 |
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 | $1,159,468 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $2,410,923 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $1,251,455 |
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 | $2,264,637 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $1,104,806 |
Interest on participant loans | 2020-12-31 | $3,191 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $329,870 |
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 | Yes |
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 | $265,967 |
Employer contributions (assets) at end of year | 2020-12-31 | $89,599 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $85,238 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $4,561 |
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 | LEE CPA AUDIT GROUP |
Accountancy firm EIN | 2020-12-31 | 814637885 |
2019 : INFINITY ENERGY INC 401K PROFIT SHARING PLAN 2019 401k financial data |
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Total income from all sources (including contributions) | 2019-12-31 | $650,033 |
Total income from all sources (including contributions) | 2019-12-31 | $650,033 |
Total of all expenses incurred | 2019-12-31 | $20,377 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $5,216 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $5,216 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $491,876 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $491,876 |
Value of total assets at end of year | 2019-12-31 | $1,251,455 |
Value of total assets at end of year | 2019-12-31 | $1,251,455 |
Value of total assets at beginning of year | 2019-12-31 | $621,799 |
Value of total assets at beginning of year | 2019-12-31 | $621,799 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $15,161 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $15,161 |
Total interest from all sources | 2019-12-31 | $2,330 |
Total interest from all sources | 2019-12-31 | $2,330 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Administrative expenses professional fees incurred | 2019-12-31 | $15,161 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $65,000 |
Value of fidelity bond cover | 2019-12-31 | $65,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $320,254 |
Contributions received from participants | 2019-12-31 | $320,254 |
Participant contributions at end of year | 2019-12-31 | $37,004 |
Participant contributions at end of year | 2019-12-31 | $37,004 |
Participant contributions at beginning of year | 2019-12-31 | $32,981 |
Participant contributions at beginning of year | 2019-12-31 | $32,981 |
Participant contributions at end of year | 2019-12-31 | $24,407 |
Participant contributions at end of year | 2019-12-31 | $24,407 |
Participant contributions at beginning of year | 2019-12-31 | $44,433 |
Participant contributions at beginning of year | 2019-12-31 | $44,433 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $3,898 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $3,898 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $629,656 |
Value of net income/loss | 2019-12-31 | $629,656 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $1,251,455 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $1,251,455 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $621,799 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $621,799 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $1,104,806 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $1,104,806 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $472,483 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $472,483 |
Interest on participant loans | 2019-12-31 | $2,330 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $155,827 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $155,827 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $167,724 |
Contributions received in cash from employer | 2019-12-31 | $167,724 |
Employer contributions (assets) at end of year | 2019-12-31 | $85,238 |
Employer contributions (assets) at end of year | 2019-12-31 | $85,238 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $71,902 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $71,902 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $5,216 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | 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 | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | LEE CPA AUDIT GROUP |
Accountancy firm name | 2019-12-31 | LEE CPA AUDIT GROUP |
Accountancy firm EIN | 2019-12-31 | 814637885 |
Accountancy firm EIN | 2019-12-31 | 814637885 |
2018 : INFINITY ENERGY INC 401K PROFIT SHARING PLAN 2018 401k financial data |
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Total income from all sources (including contributions) | 2018-12-31 | $301,345 |
Total of all expenses incurred | 2018-12-31 | $40,648 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $33,231 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $329,756 |
Value of total assets at end of year | 2018-12-31 | $621,799 |
Value of total assets at beginning of year | 2018-12-31 | $361,102 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $7,417 |
Total interest from all sources | 2018-12-31 | $1,292 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Administrative expenses professional fees incurred | 2018-12-31 | $7,417 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $50,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $218,977 |
Participant contributions at end of year | 2018-12-31 | $32,981 |
Participant contributions at beginning of year | 2018-12-31 | $12,280 |
Participant contributions at end of year | 2018-12-31 | $44,433 |
Participant contributions at beginning of year | 2018-12-31 | $36,462 |
Other income not declared elsewhere | 2018-12-31 | $-29,703 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $260,697 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $621,799 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $361,102 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $472,483 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $280,398 |
Interest on participant loans | 2018-12-31 | $1,292 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $110,779 |
Employer contributions (assets) at end of year | 2018-12-31 | $71,902 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $31,962 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $33,231 |
Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | LEE CPA AUDIT GROUP |
Accountancy firm EIN | 2018-12-31 | 814637885 |