COVERWALLET, INC. has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2020 : FORUS 401(K) 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 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 |
Total income from all sources (including contributions) | 2020-12-31 | $-23,799 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $614,283 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $600,183 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $0 |
Value of total assets at end of year | 2020-12-31 | $205,290 |
Value of total assets at beginning of year | 2020-12-31 | $843,372 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $14,100 |
Total interest from all sources | 2020-12-31 | $9 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $1,303 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2020-12-31 | $0 |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $1,303 |
Administrative expenses professional fees incurred | 2020-12-31 | $14,100 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $84,338 |
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 |
Participant contributions at end of year | 2020-12-31 | $1,022 |
Participant contributions at beginning of year | 2020-12-31 | $4,379 |
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 | $-638,082 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $205,290 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $843,372 |
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 | $204,268 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $787,740 |
Interest on participant loans | 2020-12-31 | $9 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $30,119 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $30,119 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $-25,111 |
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 |
Employer contributions (assets) at end of year | 2020-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $21,134 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $600,183 |
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 | CLIFTONLARSONALLEN LLP |
Accountancy firm EIN | 2020-12-31 | 410746749 |
2019 : FORUS 401(K) 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $598,391 |
Total income from all sources (including contributions) | 2019-12-31 | $598,391 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $41,728 |
Total of all expenses incurred | 2019-12-31 | $41,728 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $37,812 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $37,812 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $499,772 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $499,772 |
Value of total assets at end of year | 2019-12-31 | $843,372 |
Value of total assets at end of year | 2019-12-31 | $843,372 |
Value of total assets at beginning of year | 2019-12-31 | $286,709 |
Value of total assets at beginning of year | 2019-12-31 | $286,709 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $3,916 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $3,916 |
Total interest from all sources | 2019-12-31 | $1,390 |
Total interest from all sources | 2019-12-31 | $1,390 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $19,513 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $19,513 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | Yes |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2019-12-31 | $0 |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2019-12-31 | $0 |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $19,513 |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $19,513 |
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 | $84,338 |
Value of fidelity bond cover | 2019-12-31 | $84,338 |
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 | $456,286 |
Contributions received from participants | 2019-12-31 | $456,286 |
Participant contributions at end of year | 2019-12-31 | $4,379 |
Participant contributions at end of year | 2019-12-31 | $4,379 |
Participant contributions at beginning of year | 2019-12-31 | $0 |
Participant contributions at beginning of year | 2019-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $43,486 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $43,486 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $0 |
Administrative expenses (other) incurred | 2019-12-31 | $3,916 |
Administrative expenses (other) incurred | 2019-12-31 | $3,916 |
Total non interest bearing cash at end of year | 2019-12-31 | $0 |
Total non interest bearing cash at end of year | 2019-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $9,877 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 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 | $556,663 |
Value of net income/loss | 2019-12-31 | $556,663 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $843,372 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $843,372 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $286,709 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $286,709 |
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 | $787,740 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $787,740 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $170,315 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $170,315 |
Interest on participant loans | 2019-12-31 | $184 |
Interest on participant loans | 2019-12-31 | $184 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $30,119 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $30,119 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $106,434 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $106,434 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $106,434 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $106,434 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $1,206 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $1,206 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $77,716 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $77,716 |
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 |
Employer contributions (assets) at end of year | 2019-12-31 | $21,134 |
Employer contributions (assets) at end of year | 2019-12-31 | $21,134 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $83 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $83 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $37,812 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $37,812 |
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 | BLUM SHAPIRO & COMPANCY, P.C. |
Accountancy firm name | 2019-12-31 | BLUM SHAPIRO & COMPANCY, P.C. |
Accountancy firm EIN | 2019-12-31 | 061009205 |
Accountancy firm EIN | 2019-12-31 | 061009205 |