MEMPHIS LEADERSHIP FOUNDATION, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MEMPHIS LEADERSHIP FOUNDATION, INC. 401(K) SAVINGS & RETIREMENT PLAN
401k plan membership statisitcs for MEMPHIS LEADERSHIP FOUNDATION, INC. 401(K) SAVINGS & RETIREMENT PLAN
Measure | Date | Value |
---|
2022 : MEMPHIS LEADERSHIP FOUNDATION, INC. 401(K) SAVINGS & RETIREMENT PLAN 2022 401k financial data |
---|
Total income from all sources (including contributions) | 2022-12-31 | $-288,121 |
Total of all expenses incurred | 2022-12-31 | $324,220 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $317,623 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $311,127 |
Value of total assets at end of year | 2022-12-31 | $2,328,970 |
Value of total assets at beginning of year | 2022-12-31 | $2,941,311 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $6,597 |
Total interest from all sources | 2022-12-31 | $924 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $52,935 |
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 | $52,935 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $300,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $153,874 |
Participant contributions at end of year | 2022-12-31 | $24,766 |
Participant contributions at beginning of year | 2022-12-31 | $23,079 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $28,125 |
Administrative expenses (other) incurred | 2022-12-31 | $6,597 |
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 | $-612,341 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $2,328,970 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $2,941,311 |
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 | $2,304,204 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $2,918,232 |
Interest on participant loans | 2022-12-31 | $924 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-653,107 |
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 | $129,128 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $317,623 |
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 | 2022-12-31 | Yes |
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 | HENDERSON, HUTCHERSON & MCCULLOUGH |
Accountancy firm EIN | 2022-12-31 | 621114363 |
2021 : MEMPHIS LEADERSHIP FOUNDATION, INC. 401(K) SAVINGS & RETIREMENT PLAN 2021 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total transfer of assets from this plan | 2021-12-31 | $1,313,194 |
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 | $851,685 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $816,250 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $813,860 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $332,515 |
Value of total assets at end of year | 2021-12-31 | $2,941,311 |
Value of total assets at beginning of year | 2021-12-31 | $4,219,070 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $2,390 |
Total interest from all sources | 2021-12-31 | $2,762 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $162,002 |
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 | $162,002 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $425,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $166,623 |
Participant contributions at end of year | 2021-12-31 | $23,079 |
Participant contributions at beginning of year | 2021-12-31 | $49,575 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $0 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2021-12-31 | $263 |
Other income not declared elsewhere | 2021-12-31 | $32 |
Administrative expenses (other) incurred | 2021-12-31 | $2,390 |
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 | $35,435 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $2,941,311 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $4,219,070 |
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 | $2,918,232 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $4,169,495 |
Interest on participant loans | 2021-12-31 | $2,762 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $354,374 |
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 | $165,892 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $813,597 |
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 | HENDERSON, HUTCHERSON & MCCULLOUGH |
Accountancy firm EIN | 2021-12-31 | 621114363 |
2020 : MEMPHIS LEADERSHIP FOUNDATION, INC. 401(K) SAVINGS & RETIREMENT PLAN 2020 401k financial data |
---|
Total transfer of assets to this plan | 2020-12-31 | $459,512 |
Total transfer of assets from this plan | 2020-12-31 | $148 |
Total income from all sources (including contributions) | 2020-12-31 | $1,121,137 |
Total of all expenses incurred | 2020-12-31 | $713,227 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $712,292 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $569,924 |
Value of total assets at end of year | 2020-12-31 | $4,219,070 |
Value of total assets at beginning of year | 2020-12-31 | $3,351,796 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $935 |
Total interest from all sources | 2020-12-31 | $3,896 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $126,633 |
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 | $126,633 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $425,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $131,191 |
Participant contributions at end of year | 2020-12-31 | $49,575 |
Participant contributions at beginning of year | 2020-12-31 | $72,724 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $182,026 |
Administrative expenses (other) incurred | 2020-12-31 | $935 |
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 | $407,910 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $4,219,070 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $3,351,796 |
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 | $4,169,495 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $3,279,072 |
Interest on participant loans | 2020-12-31 | $3,896 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $420,684 |
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 | $256,707 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $712,292 |
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 | HENDERSON, HUTCHERSON & MCCULLOUGH |
Accountancy firm EIN | 2020-12-31 | 621114363 |