MAGNATE HOLDINGS, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MAGNATE HOLDINGS, LLC 401(K) PLAN
Measure | Date | Value |
---|
2022 : MAGNATE HOLDINGS, LLC 401(K) PLAN 2022 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2022-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $0 |
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 | $34,477 |
Total income from all sources (including contributions) | 2022-12-31 | $51,232 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $1,210,026 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,050,298 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $23,220 |
Value of total corrective distributions | 2022-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $4,299,494 |
Value of total assets at end of year | 2022-12-31 | $23,210,999 |
Value of total assets at beginning of year | 2022-12-31 | $24,404,270 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $136,508 |
Total interest from all sources | 2022-12-31 | $12,874 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $54,309 |
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 | $54,309 |
Assets. Real estate other than employer real property at end of year | 2022-12-31 | $0 |
Assets. Real estate other than employer real property at beginning of year | 2022-12-31 | $0 |
Administrative expenses professional fees incurred | 2022-12-31 | $0 |
Assets. Corporate prefeered stocks other than exployer securities at end of year | 2022-12-31 | $0 |
Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 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 | $2,795,421 |
Participant contributions at end of year | 2022-12-31 | $320,135 |
Participant contributions at beginning of year | 2022-12-31 | $262,277 |
Participant contributions at end of year | 2022-12-31 | $20,261 |
Participant contributions at beginning of year | 2022-12-31 | $0 |
Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $1,167,777 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $0 |
Assets. Loans (other than to participants) at end of year | 2022-12-31 | $0 |
Assets. Loans (other than to participants) at beginning of year | 2022-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $34,477 |
Other income not declared elsewhere | 2022-12-31 | $1 |
Administrative expenses (other) incurred | 2022-12-31 | $0 |
Liabilities. Value of operating payables at end of year | 2022-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $0 |
Total non interest bearing cash at end of year | 2022-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $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 | 2022-12-31 | No |
Income. Non cash contributions | 2022-12-31 | $0 |
Value of net income/loss | 2022-12-31 | $-1,158,794 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $23,210,999 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $24,369,793 |
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 |
Assets. partnership/joint venture interests at end of year | 2022-12-31 | $0 |
Assets. partnership/joint venture interests at beginning of year | 2022-12-31 | $0 |
Investment advisory and management fees | 2022-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $3,940,000 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $3,857,636 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $84,601 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $26,533 |
Interest on participant loans | 2022-12-31 | $12,874 |
Income. Interest from loans (other than to participants) | 2022-12-31 | $0 |
Interest earned on other investments | 2022-12-31 | $0 |
Income. Interest from US Government securities | 2022-12-31 | $0 |
Income. Interest from corporate debt instruments | 2022-12-31 | $0 |
Value of interest in master investment trust accounts at end of year | 2022-12-31 | $0 |
Value of interest in master investment trust accounts at beginning of year | 2022-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $18,843,288 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $20,257,824 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $0 |
Assets. Value of investments in 103.12 investment entities at end of year | 2022-12-31 | $0 |
Assets. Value of investments in 103.12 investment entities at beginning of year | 2022-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $0 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $0 |
Asset value of US Government securities at end of year | 2022-12-31 | $0 |
Asset value of US Government securities at beginning of year | 2022-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-884,854 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $793 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $-3,431,385 |
Net gain/loss from 103.12 investment entities | 2022-12-31 | $0 |
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 |
Assets. Invements in employer securities at end of year | 2022-12-31 | $0 |
Assets. Invements in employer securities at beginning of year | 2022-12-31 | $0 |
Assets. Value of employer real property at end of year | 2022-12-31 | $0 |
Assets. Value of employer real property at beginning of year | 2022-12-31 | $0 |
Contributions received in cash from employer | 2022-12-31 | $336,296 |
Employer contributions (assets) at end of year | 2022-12-31 | $2,714 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
Income. Dividends from preferred stock | 2022-12-31 | $0 |
Income. Dividends from common stock | 2022-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,050,298 |
Asset. Corporate debt instrument preferred debt at end of year | 2022-12-31 | $0 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2022-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at end of year | 2022-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2022-12-31 | $0 |
Contract administrator fees | 2022-12-31 | $136,508 |
Assets. Corporate common stocks other than exployer securities at end of year | 2022-12-31 | $0 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-12-31 | $0 |
Liabilities. Value of benefit claims payable at end of year | 2022-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $0 |
Assets. Value of buildings and other operty used in plan operation at end of year | 2022-12-31 | $0 |
Assets. Value of buildings and other operty used in plan operation at beginning of year | 2022-12-31 | $0 |
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 |
Aggregate proceeds on sale of assets | 2022-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2022-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at end of year | 2022-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2022-12-31 | $0 |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | FORVIS, LLP |
Accountancy firm EIN | 2022-12-31 | 440160260 |
2021 : MAGNATE HOLDINGS, LLC 401(K) PLAN 2021 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2021-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $0 |
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 | $34,477 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Expenses. Interest paid | 2021-12-31 | $0 |
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $6,194,865 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $1,456,126 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,323,429 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $0 |
Value of total corrective distributions | 2021-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $3,102,882 |
Value of total assets at end of year | 2021-12-31 | $24,404,270 |
Value of total assets at beginning of year | 2021-12-31 | $19,631,054 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $132,697 |
Total interest from all sources | 2021-12-31 | $13,415 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $45,420 |
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 | $45,420 |
Assets. Real estate other than employer real property at end of year | 2021-12-31 | $0 |
Assets. Real estate other than employer real property at beginning of year | 2021-12-31 | $0 |
Administrative expenses professional fees incurred | 2021-12-31 | $0 |
Assets. Corporate prefeered stocks other than exployer securities at end of year | 2021-12-31 | $0 |
Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2021-12-31 | $0 |
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 | 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 | $2,337,546 |
Participant contributions at end of year | 2021-12-31 | $262,277 |
Participant contributions at beginning of year | 2021-12-31 | $310,144 |
Participant contributions at end of year | 2021-12-31 | $0 |
Participant contributions at beginning of year | 2021-12-31 | $50,968 |
Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $496,932 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2021-12-31 | $1,601 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $0 |
Assets. Loans (other than to participants) at end of year | 2021-12-31 | $0 |
Assets. Loans (other than to participants) at beginning of year | 2021-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $34,477 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $0 |
Other income not declared elsewhere | 2021-12-31 | $0 |
Administrative expenses (other) incurred | 2021-12-31 | $0 |
Liabilities. Value of operating payables at end of year | 2021-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $0 |
Total non interest bearing cash at end of year | 2021-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $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 | 2021-12-31 | No |
Income. Non cash contributions | 2021-12-31 | $0 |
Value of net income/loss | 2021-12-31 | $4,738,739 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $24,369,793 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $19,631,054 |
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 |
Assets. partnership/joint venture interests at end of year | 2021-12-31 | $0 |
Assets. partnership/joint venture interests at beginning of year | 2021-12-31 | $0 |
Investment advisory and management fees | 2021-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $3,857,636 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $3,734,104 |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $26,533 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $74,431 |
Interest on participant loans | 2021-12-31 | $13,415 |
Income. Interest from loans (other than to participants) | 2021-12-31 | $0 |
Interest earned on other investments | 2021-12-31 | $0 |
Income. Interest from US Government securities | 2021-12-31 | $0 |
Income. Interest from corporate debt instruments | 2021-12-31 | $0 |
Value of interest in master investment trust accounts at end of year | 2021-12-31 | $0 |
Value of interest in master investment trust accounts at beginning of year | 2021-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $20,257,824 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $15,456,506 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $0 |
Assets. Value of investments in 103.12 investment entities at end of year | 2021-12-31 | $0 |
Assets. Value of investments in 103.12 investment entities at beginning of year | 2021-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $0 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2021-12-31 | $0 |
Asset value of US Government securities at end of year | 2021-12-31 | $0 |
Asset value of US Government securities at beginning of year | 2021-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $652,206 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $-23 |
Net investment gain or loss from common/collective trusts | 2021-12-31 | $2,380,965 |
Net gain/loss from 103.12 investment entities | 2021-12-31 | $0 |
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 |
Assets. Invements in employer securities at end of year | 2021-12-31 | $0 |
Assets. Invements in employer securities at beginning of year | 2021-12-31 | $0 |
Assets. Value of employer real property at end of year | 2021-12-31 | $0 |
Assets. Value of employer real property at beginning of year | 2021-12-31 | $0 |
Contributions received in cash from employer | 2021-12-31 | $268,404 |
Employer contributions (assets) at end of year | 2021-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $4,901 |
Income. Dividends from preferred stock | 2021-12-31 | $0 |
Income. Dividends from common stock | 2021-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,321,828 |
Asset. Corporate debt instrument preferred debt at end of year | 2021-12-31 | $0 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2021-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at end of year | 2021-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2021-12-31 | $0 |
Contract administrator fees | 2021-12-31 | $132,697 |
Assets. Corporate common stocks other than exployer securities at end of year | 2021-12-31 | $0 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-12-31 | $0 |
Liabilities. Value of benefit claims payable at end of year | 2021-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2021-12-31 | $0 |
Assets. Value of buildings and other operty used in plan operation at end of year | 2021-12-31 | $0 |
Assets. Value of buildings and other operty used in plan operation at beginning of year | 2021-12-31 | $0 |
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 |
Aggregate proceeds on sale of assets | 2021-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at end of year | 2021-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2021-12-31 | $0 |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | RSM US LLP |
Accountancy firm EIN | 2021-12-31 | 420714325 |
2020 : MAGNATE HOLDINGS, LLC 401(K) PLAN 2020 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2020-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $0 |
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 |
Expenses. Interest paid | 2020-12-31 | $0 |
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $4,616,356 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $942,385 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $816,506 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $3,546 |
Value of total corrective distributions | 2020-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $2,143,573 |
Value of total assets at end of year | 2020-12-31 | $19,631,054 |
Value of total assets at beginning of year | 2020-12-31 | $15,957,083 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $122,333 |
Total interest from all sources | 2020-12-31 | $14,915 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $50,729 |
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 | $50,729 |
Administrative expenses professional fees incurred | 2020-12-31 | $0 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
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 | $1,717,911 |
Participant contributions at end of year | 2020-12-31 | $310,144 |
Participant contributions at beginning of year | 2020-12-31 | $280,993 |
Participant contributions at end of year | 2020-12-31 | $50,968 |
Participant contributions at beginning of year | 2020-12-31 | $66,421 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $222,989 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-31 | $0 |
Other income not declared elsewhere | 2020-12-31 | $5,873 |
Administrative expenses (other) incurred | 2020-12-31 | $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 | 2020-12-31 | No |
Income. Non cash contributions | 2020-12-31 | $0 |
Value of net income/loss | 2020-12-31 | $3,673,971 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $19,631,054 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $15,957,083 |
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 |
Investment advisory and management fees | 2020-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $3,734,104 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $2,993,169 |
Value of interest in pooled separate accounts at end of year | 2020-12-31 | $74,431 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $52,342 |
Interest on participant loans | 2020-12-31 | $14,915 |
Income. Interest from loans (other than to participants) | 2020-12-31 | $0 |
Interest earned on other investments | 2020-12-31 | $0 |
Income. Interest from US Government securities | 2020-12-31 | $0 |
Income. Interest from corporate debt instruments | 2020-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $15,456,506 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $12,556,738 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $0 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $444,236 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $246 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $1,956,784 |
Net gain/loss from 103.12 investment entities | 2020-12-31 | $0 |
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 | $202,673 |
Employer contributions (assets) at end of year | 2020-12-31 | $4,901 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $7,420 |
Income. Dividends from preferred stock | 2020-12-31 | $0 |
Income. Dividends from common stock | 2020-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $816,506 |
Contract administrator fees | 2020-12-31 | $122,333 |
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 |
Aggregate proceeds on sale of assets | 2020-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $0 |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | RSM US LLP |
Accountancy firm EIN | 2020-12-31 | 420714325 |
2019 : MAGNATE HOLDINGS, LLC 401(K) PLAN 2019 401k financial data |
---|
Total income from all sources (including contributions) | 2019-12-31 | $5,364,168 |
Total income from all sources (including contributions) | 2019-12-31 | $5,364,168 |
Total of all expenses incurred | 2019-12-31 | $544,623 |
Total of all expenses incurred | 2019-12-31 | $544,623 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $440,484 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $2,790,741 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $2,790,741 |
Value of total assets at end of year | 2019-12-31 | $15,957,083 |
Value of total assets at end of year | 2019-12-31 | $15,957,083 |
Value of total assets at beginning of year | 2019-12-31 | $11,137,538 |
Value of total assets at beginning of year | 2019-12-31 | $11,137,538 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $104,139 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $104,139 |
Total interest from all sources | 2019-12-31 | $14,384 |
Total interest from all sources | 2019-12-31 | $14,384 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $48,690 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $48,690 |
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 |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $48,690 |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $48,690 |
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 | $1,000,000 |
Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
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 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $1,832,675 |
Contributions received from participants | 2019-12-31 | $1,832,675 |
Participant contributions at end of year | 2019-12-31 | $280,993 |
Participant contributions at end of year | 2019-12-31 | $280,993 |
Participant contributions at beginning of year | 2019-12-31 | $278,081 |
Participant contributions at beginning of year | 2019-12-31 | $278,081 |
Participant contributions at end of year | 2019-12-31 | $66,421 |
Participant contributions at end of year | 2019-12-31 | $66,421 |
Participant contributions at beginning of year | 2019-12-31 | $34,345 |
Participant contributions at beginning of year | 2019-12-31 | $34,345 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $734,560 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $734,560 |
Other income not declared elsewhere | 2019-12-31 | $6,129 |
Other income not declared elsewhere | 2019-12-31 | $6,129 |
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 |
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 | $4,819,545 |
Value of net income/loss | 2019-12-31 | $4,819,545 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $15,957,083 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $15,957,083 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $11,137,538 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $11,137,538 |
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 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 | $2,993,169 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $2,993,169 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $1,908,917 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $1,908,917 |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $52,342 |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $52,342 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $46,130 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $46,130 |
Interest on participant loans | 2019-12-31 | $14,384 |
Interest on participant loans | 2019-12-31 | $14,384 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $12,556,738 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $12,556,738 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $8,865,345 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $8,865,345 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $501,177 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $501,177 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $949 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $949 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $2,002,098 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $2,002,098 |
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 | $223,506 |
Contributions received in cash from employer | 2019-12-31 | $223,506 |
Employer contributions (assets) at end of year | 2019-12-31 | $7,420 |
Employer contributions (assets) at end of year | 2019-12-31 | $7,420 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $4,720 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $4,720 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $440,484 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $440,484 |
Contract administrator fees | 2019-12-31 | $104,139 |
Contract administrator fees | 2019-12-31 | $104,139 |
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 |
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 | RSM US LLP |
Accountancy firm name | 2019-12-31 | RSM US LLP |
Accountancy firm EIN | 2019-12-31 | 420714325 |
Accountancy firm EIN | 2019-12-31 | 420714325 |
2018 : MAGNATE HOLDINGS, LLC 401(K) PLAN 2018 401k financial data |
---|
Total income from all sources (including contributions) | 2018-12-31 | $1,234,657 |
Total of all expenses incurred | 2018-12-31 | $398,893 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $316,465 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $2,049,058 |
Value of total assets at end of year | 2018-12-31 | $11,137,538 |
Value of total assets at beginning of year | 2018-12-31 | $10,301,774 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $82,428 |
Total interest from all sources | 2018-12-31 | $11,812 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $35,114 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $35,114 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $1,000,000 |
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 | $1,488,739 |
Participant contributions at end of year | 2018-12-31 | $278,081 |
Participant contributions at beginning of year | 2018-12-31 | $224,195 |
Participant contributions at end of year | 2018-12-31 | $34,345 |
Participant contributions at beginning of year | 2018-12-31 | $35,258 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $373,038 |
Other income not declared elsewhere | 2018-12-31 | $1,333 |
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 | $835,764 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $11,137,538 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $10,301,774 |
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 | $1,908,917 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $1,634,550 |
Value of interest in pooled separate accounts at end of year | 2018-12-31 | $46,130 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $26,259 |
Interest on participant loans | 2018-12-31 | $11,812 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $8,911,475 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $8,403,456 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-197,492 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $658 |
Net investment gain or loss from common/collective trusts | 2018-12-31 | $-665,826 |
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 | $187,281 |
Employer contributions (assets) at end of year | 2018-12-31 | $4,720 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $4,315 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $316,465 |
Contract administrator fees | 2018-12-31 | $82,428 |
Did the plan have assets held for investment | 2018-12-31 | 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 | 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 | RSM US LLP |
Accountancy firm EIN | 2018-12-31 | 420714325 |