SPARTAN ELECTRIC CO., INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SPARTAN ELECTRIC PROFIT SHARING PLAN & TRUST
Measure | Date | Value |
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2022 : SPARTAN ELECTRIC PROFIT SHARING PLAN & TRUST 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 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 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-721,478 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $163,401 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $147,308 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $447 |
Value of total corrective distributions | 2022-12-31 | $2,640 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $415,351 |
Value of total assets at end of year | 2022-12-31 | $5,998,058 |
Value of total assets at beginning of year | 2022-12-31 | $6,882,937 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $13,006 |
Total interest from all sources | 2022-12-31 | $5,701 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $400,188 |
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 | $400,188 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $500,000 |
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 | $80,996 |
Participant contributions at end of year | 2022-12-31 | $104,597 |
Participant contributions at beginning of year | 2022-12-31 | $78,460 |
Administrative expenses (other) incurred | 2022-12-31 | $13,006 |
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 | $-884,879 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $5,998,058 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $6,882,937 |
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 | $5,192,414 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $6,272,586 |
Interest on participant loans | 2022-12-31 | $3,083 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $336,295 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $240,415 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $240,415 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $2,618 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,542,718 |
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 | No |
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 | $334,355 |
Employer contributions (assets) at end of year | 2022-12-31 | $364,752 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $291,476 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $147,308 |
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 | BENEFIT AUDIT GROUP, LLC |
Accountancy firm EIN | 2022-12-31 | 262404897 |
2021 : SPARTAN ELECTRIC PROFIT SHARING PLAN & TRUST 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $1,036,455 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $108,654 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $89,471 |
Value of total corrective distributions | 2021-12-31 | $6,372 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $346,646 |
Value of total assets at end of year | 2021-12-31 | $6,882,937 |
Value of total assets at beginning of year | 2021-12-31 | $5,955,136 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $12,811 |
Total interest from all sources | 2021-12-31 | $3,092 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $492,688 |
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 | $492,688 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
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 | $77,743 |
Participant contributions at end of year | 2021-12-31 | $78,460 |
Participant contributions at beginning of year | 2021-12-31 | $78,432 |
Administrative expenses (other) incurred | 2021-12-31 | $12,811 |
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 | $927,801 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $6,882,937 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $5,955,136 |
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 | $6,272,586 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $5,351,626 |
Interest on participant loans | 2021-12-31 | $3,077 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $240,415 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $198,287 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $198,287 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $15 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $194,029 |
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 | $268,903 |
Employer contributions (assets) at end of year | 2021-12-31 | $291,476 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $326,791 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $89,471 |
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 | BENEFIT AUDIT GROUP, LLC |
Accountancy firm EIN | 2021-12-31 | 262404897 |
2020 : SPARTAN ELECTRIC PROFIT SHARING PLAN & TRUST 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 | $1,172,476 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $53,693 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $34,871 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $2,384 |
Value of total corrective distributions | 2020-12-31 | $6,630 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $385,295 |
Value of total assets at end of year | 2020-12-31 | $5,955,136 |
Value of total assets at beginning of year | 2020-12-31 | $4,836,353 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $9,808 |
Total interest from all sources | 2020-12-31 | $3,943 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $282,633 |
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 | $282,633 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
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 | $69,119 |
Participant contributions at end of year | 2020-12-31 | $78,432 |
Participant contributions at beginning of year | 2020-12-31 | $69,735 |
Administrative expenses (other) incurred | 2020-12-31 | $9,808 |
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 | $1,118,783 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $5,955,136 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $4,836,353 |
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 | $5,351,626 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $4,444,660 |
Interest on participant loans | 2020-12-31 | $3,660 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $198,287 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $14,369 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $14,369 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $283 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $500,605 |
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 | $316,176 |
Employer contributions (assets) at end of year | 2020-12-31 | $326,791 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $307,589 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $34,871 |
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 | Unqualified |
Accountancy firm name | 2020-12-31 | BENEFIT AUDIT GROUP, LLC |
Accountancy firm EIN | 2020-12-31 | 262404897 |
2019 : SPARTAN ELECTRIC PROFIT SHARING PLAN & TRUST 2019 401k financial data |
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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 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 | $1,203,261 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $76,779 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $58,909 |
Value of total corrective distributions | 2019-12-31 | $3,381 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $352,044 |
Value of total assets at end of year | 2019-12-31 | $4,836,353 |
Value of total assets at beginning of year | 2019-12-31 | $3,709,871 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $14,489 |
Total interest from all sources | 2019-12-31 | $2,948 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $275,074 |
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 | $275,074 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $450,000 |
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 | $67,805 |
Participant contributions at end of year | 2019-12-31 | $69,735 |
Participant contributions at beginning of year | 2019-12-31 | $77,577 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $3,904 |
Administrative expenses (other) incurred | 2019-12-31 | $14,489 |
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 | $1,126,482 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $4,836,353 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $3,709,871 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $4,444,660 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $3,296,939 |
Interest on participant loans | 2019-12-31 | $2,813 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $14,369 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $23,134 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $23,134 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $135 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $573,195 |
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 |
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 | $280,335 |
Employer contributions (assets) at end of year | 2019-12-31 | $307,589 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $312,221 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $58,909 |
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 |
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 |
Accountancy firm name | 2019-12-31 | BENEFIT AUDIT GROUP, LLC |
Accountancy firm EIN | 2019-12-31 | 262404897 |
2018 : SPARTAN ELECTRIC PROFIT SHARING PLAN & TRUST 2018 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $114,124 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $92,495 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $86,705 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $332,971 |
Value of total assets at end of year | 2018-12-31 | $3,709,871 |
Value of total assets at beginning of year | 2018-12-31 | $3,688,242 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $5,790 |
Total interest from all sources | 2018-12-31 | $4,815 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $208,421 |
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 | $208,421 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $300,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | Yes |
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 | $52,594 |
Participant contributions at end of year | 2018-12-31 | $77,577 |
Participant contributions at beginning of year | 2018-12-31 | $114,431 |
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 | $21,629 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $3,709,871 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $3,688,242 |
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 | $3,296,939 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $0 |
Value of interest in pooled separate accounts at end of year | 2018-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $3,310,501 |
Interest on participant loans | 2018-12-31 | $4,679 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $23,134 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $136 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-544,479 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $112,396 |
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 | $280,377 |
Employer contributions (assets) at end of year | 2018-12-31 | $312,221 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $263,310 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $86,705 |
Contract administrator fees | 2018-12-31 | $5,790 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2018-12-31 | Yes |
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 | BENEFIT AUDIT GROUP, LLC |
Accountancy firm EIN | 2018-12-31 | 262404897 |
2017 : SPARTAN ELECTRIC PROFIT SHARING PLAN & TRUST 2017 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $732,655 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $14,818 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $13,031 |
Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $1,008 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $262,584 |
Value of total assets at end of year | 2017-12-31 | $3,424,932 |
Value of total assets at beginning of year | 2017-12-31 | $2,707,095 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $779 |
Total interest from all sources | 2017-12-31 | $4,182 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $178,310 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $178,310 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $300,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $44,495 |
Participant contributions at end of year | 2017-12-31 | $114,431 |
Participant contributions at beginning of year | 2017-12-31 | $127,219 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $717,837 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $3,424,932 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $2,707,095 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2017-12-31 | $3,310,501 |
Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $2,579,876 |
Interest on participant loans | 2017-12-31 | $4,182 |
Net investment gain/loss from pooled separate accounts | 2017-12-31 | $287,579 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $218,089 |
Employer contributions (assets) at end of year | 2017-12-31 | $263,310 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $13,031 |
Contract administrator fees | 2017-12-31 | $779 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2017-12-31 | No |
Did the plan have assets held for investment | 2017-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | BENEFIT AUDIT GROUP, LLC |
Accountancy firm EIN | 2017-12-31 | 262404897 |