ASPIRATION PARTNERS, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan ASPIRATION PARTNERS 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : ASPIRATION PARTNERS 401(K) PLAN 2023 401k financial data |
|---|
| Total income from all sources (including contributions) | 2023-12-31 | $4,807,641 |
| Total of all expenses incurred | 2023-12-31 | $2,769,554 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $2,604,196 |
| Expenses. Certain deemed distributions of participant loans | 2023-12-31 | $130,548 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $3,568,961 |
| Value of total assets at end of year | 2023-12-31 | $7,705,250 |
| Value of total assets at beginning of year | 2023-12-31 | $5,667,163 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $34,810 |
| Total interest from all sources | 2023-12-31 | $12,270 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $400,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $2,201,352 |
| Participant contributions at end of year | 2023-12-31 | $59,056 |
| Participant contributions at beginning of year | 2023-12-31 | $190,602 |
| Participant contributions at beginning of year | 2023-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $365,495 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $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 | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $2,038,087 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $7,705,250 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $5,667,163 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $27,086 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $0 |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $7,393,915 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $5,268,152 |
| Interest on participant loans | 2023-12-31 | $12,270 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $252,279 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $208,409 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $1,226,410 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $1,002,114 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $2,604,196 |
| Contract administrator fees | 2023-12-31 | $7,724 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | METZ & ASSOCIATES, PLLC |
| Accountancy firm EIN | 2023-12-31 | 464558541 |
| Total income from all sources (including contributions) | 2023-01-01 | $4,807,641 |
| Total of all expenses incurred | 2023-01-01 | $2,769,554 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $2,604,196 |
| Expenses. Certain deemed distributions of participant loans | 2023-01-01 | $130,548 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $3,568,961 |
| Value of total assets at end of year | 2023-01-01 | $7,705,250 |
| Value of total assets at beginning of year | 2023-01-01 | $5,667,163 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $34,810 |
| Total interest from all sources | 2023-01-01 | $12,270 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $400,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $2,201,352 |
| Participant contributions at end of year | 2023-01-01 | $59,056 |
| Participant contributions at beginning of year | 2023-01-01 | $190,602 |
| Participant contributions at beginning of year | 2023-01-01 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $365,495 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $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 | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $2,038,087 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $7,705,250 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $5,667,163 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $27,086 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $0 |
| Value of interest in pooled separate accounts at end of year | 2023-01-01 | $7,393,915 |
| Value of interest in pooled separate accounts at beginning of year | 2023-01-01 | $5,268,152 |
| Interest on participant loans | 2023-01-01 | $12,270 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $252,279 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $208,409 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $1,226,410 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $1,002,114 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $2,604,196 |
| Contract administrator fees | 2023-01-01 | $7,724 |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | METZ & ASSOCIATES, PLLC |
| Accountancy firm EIN | 2023-01-01 | 464558541 |
| 2022 : ASPIRATION PARTNERS 401(K) PLAN 2022 401k financial data |
|---|
| Total income from all sources (including contributions) | 2022-12-31 | $3,562,017 |
| Total of all expenses incurred | 2022-12-31 | $656,629 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $640,832 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $4,107,339 |
| Value of total assets at end of year | 2022-12-31 | $5,667,163 |
| Value of total assets at beginning of year | 2022-12-31 | $2,761,775 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $15,797 |
| Total interest from all sources | 2022-12-31 | $6,984 |
| 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 | $400,000 |
| 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 | $2,898,759 |
| Participant contributions at end of year | 2022-12-31 | $190,602 |
| Participant contributions at beginning of year | 2022-12-31 | $45,410 |
| Participant contributions at end of year | 2022-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $1,208,580 |
| Value of other receiveables (less allowance for doubtful accounts) at end 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 |
| Value of net income/loss | 2022-12-31 | $2,905,388 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $5,667,163 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $2,761,775 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $522,927 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $5,268,152 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $0 |
| Interest on participant loans | 2022-12-31 | $5,429 |
| Interest earned on other investments | 2022-12-31 | $1,555 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $2,080,311 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $208,409 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $113,127 |
| 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 | $0 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-552,306 |
| 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 | $0 |
| 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 | $640,832 |
| Contract administrator fees | 2022-12-31 | $15,797 |
| 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 | METZ & ASSOCIATES, PLLC |
| Accountancy firm EIN | 2022-12-31 | 464558541 |
| Total income from all sources (including contributions) | 2022-01-01 | $3,562,017 |
| Total of all expenses incurred | 2022-01-01 | $656,629 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $640,832 |
| Expenses. Certain deemed distributions of participant loans | 2022-01-01 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $4,107,339 |
| Value of total assets at end of year | 2022-01-01 | $5,667,163 |
| Value of total assets at beginning of year | 2022-01-01 | $2,761,775 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $15,797 |
| Total interest from all sources | 2022-01-01 | $6,984 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $0 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $400,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $2,898,759 |
| Participant contributions at end of year | 2022-01-01 | $190,602 |
| Participant contributions at beginning of year | 2022-01-01 | $45,410 |
| Participant contributions at end of year | 2022-01-01 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $1,208,580 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-01-01 | $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 | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $2,905,388 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $5,667,163 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $2,761,775 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $522,927 |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $5,268,152 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $0 |
| Interest on participant loans | 2022-01-01 | $5,429 |
| Interest earned on other investments | 2022-01-01 | $1,555 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $2,080,311 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $208,409 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $113,127 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-01-01 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $0 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-552,306 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $0 |
| Employer contributions (assets) at end of year | 2022-01-01 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $640,832 |
| Contract administrator fees | 2022-01-01 | $15,797 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | METZ & ASSOCIATES, PLLC |
| Accountancy firm EIN | 2022-01-01 | 464558541 |
| 2021 : ASPIRATION PARTNERS 401(K) PLAN 2021 401k financial data |
|---|
| Total income from all sources (including contributions) | 2021-12-31 | $1,952,201 |
| Total of all expenses incurred | 2021-12-31 | $362,692 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $342,923 |
| Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,675,572 |
| Value of total assets at end of year | 2021-12-31 | $2,761,775 |
| Value of total assets at beginning of year | 2021-12-31 | $1,172,266 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $19,769 |
| Total interest from all sources | 2021-12-31 | $467 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
| 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 | $0 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $100,000 |
| 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 | $1,186,310 |
| Participant contributions at end of year | 2021-12-31 | $45,410 |
| Participant contributions at beginning of year | 2021-12-31 | $0 |
| Participant contributions at end of year | 2021-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $489,262 |
| Value of other receiveables (less allowance for doubtful accounts) at end 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 |
| Value of net income/loss | 2021-12-31 | $1,589,509 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $2,761,775 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $1,172,266 |
| 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 | $522,927 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $201,716 |
| Interest on participant loans | 2021-12-31 | $467 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $2,080,311 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $871,703 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $113,127 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $98,847 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2021-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $276,162 |
| 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 | $0 |
| Employer contributions (assets) at end of year | 2021-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $342,923 |
| Contract administrator fees | 2021-12-31 | $19,769 |
| 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 |
