U.S. SALT LLC has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2022 : US SALT, LLC 401(K) PLAN 2022 401k financial data |
|---|
| 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 | $-359,374 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $2,631,748 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $2,557,874 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $189 |
| Value of total corrective distributions | 2022-12-31 | $12,592 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,832,179 |
| Value of total assets at end of year | 2022-12-31 | $12,399,111 |
| Value of total assets at beginning of year | 2022-12-31 | $15,390,233 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $61,093 |
| Total interest from all sources | 2022-12-31 | $43,524 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $126,624 |
| 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 | $126,624 |
| Was this plan covered by a fidelity bond | 2022-12-31 | No |
| 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 | $758,881 |
| Participant contributions at end of year | 2022-12-31 | $0 |
| Participant contributions at beginning of year | 2022-12-31 | $9,175 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $675,340 |
| Other income not declared elsewhere | 2022-12-31 | $-6 |
| Administrative expenses (other) incurred | 2022-12-31 | $50 |
| 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 | $-2,991,122 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $12,399,111 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $15,390,233 |
| 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 |
| Investment advisory and management fees | 2022-12-31 | $27,057 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $7,674,736 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $9,254,395 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $2,433,435 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $3,497,653 |
| Interest on participant loans | 2022-12-31 | $208 |
| Interest earned on other investments | 2022-12-31 | $43,316 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $2,105,392 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $2,443,890 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,982,482 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-379,213 |
| 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 | $397,958 |
| Employer contributions (assets) at end of year | 2022-12-31 | $185,548 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $185,120 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $2,557,874 |
| Contract administrator fees | 2022-12-31 | $33,986 |
| 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 | CROWE LLP |
| Accountancy firm EIN | 2022-12-31 | 350921680 |
| 2021 : US SALT, LLC 401(K) PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total transfer of assets to this plan | 2021-12-31 | $14,554,322 |
| 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 | $757,787 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $106,996 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $76,821 |
| Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $30,000 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $242,207 |
| Value of total assets at end of year | 2021-12-31 | $15,205,113 |
| Value of total assets at beginning of year | 2021-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $175 |
| Total interest from all sources | 2021-12-31 | $9,293 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $61,499 |
| 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 | $61,499 |
| Was this plan covered by a fidelity bond | 2021-12-31 | No |
| 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 | $184,819 |
| Participant contributions at end of year | 2021-12-31 | $9,175 |
| Participant contributions at beginning of year | 2021-12-31 | $0 |
| Other income not declared elsewhere | 2021-12-31 | $-3 |
| Administrative expenses (other) incurred | 2021-12-31 | $175 |
| 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 | $650,791 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $15,205,113 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $0 |
| 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 | $9,254,395 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $0 |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $3,497,653 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $0 |
| Interest on participant loans | 2021-12-31 | $143 |
| Interest earned on other investments | 2021-12-31 | $9,150 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $2,443,890 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $314,934 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $129,857 |
| 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 | No |
| 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 | $57,388 |
| Employer contributions (assets) at end of year | 2021-12-31 | $185,120 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $76,821 |
| 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 | CROWE LLP |
| Accountancy firm EIN | 2021-12-31 | 350921680 |
