ALABAMA DENTAL ASSOCIATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan ALABAMA DENTAL ASSOCIATION BENEFIT PLAN
| Measure | Date | Value |
|---|
| 2021 : ALABAMA DENTAL ASSOCIATION BENEFIT PLAN 2021 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-08-31 | $4,702,378 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-08-31 | $3,370,481 |
| Total income from all sources (including contributions) | 2021-08-31 | $3,302,208 |
| Total of all expenses incurred | 2021-08-31 | $4,115,989 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-08-31 | $3,894,239 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-08-31 | $3,302,208 |
| Value of total assets at end of year | 2021-08-31 | $1,676,648 |
| Value of total assets at beginning of year | 2021-08-31 | $1,158,532 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-08-31 | $221,750 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-08-31 | No |
| Administrative expenses professional fees incurred | 2021-08-31 | $41,935 |
| Was this plan covered by a fidelity bond | 2021-08-31 | No |
| If this is an individual account plan, was there a blackout period | 2021-08-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-08-31 | No |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2021-08-31 | $2,408,188 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-08-31 | $1,648,567 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-08-31 | $929,779 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-08-31 | $3,029,695 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-08-31 | $2,193,875 |
| Administrative expenses (other) incurred | 2021-08-31 | $55,705 |
| Liabilities. Value of operating payables at end of year | 2021-08-31 | $1,049,189 |
| Liabilities. Value of operating payables at beginning of year | 2021-08-31 | $1,160,126 |
| Total non interest bearing cash at end of year | 2021-08-31 | $28,081 |
| Total non interest bearing cash at beginning of year | 2021-08-31 | $228,753 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-08-31 | No |
| Value of net income/loss | 2021-08-31 | $-813,781 |
| Value of net assets at end of year (total assets less liabilities) | 2021-08-31 | $-3,025,730 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-08-31 | $-2,211,949 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-08-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-08-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-08-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2021-08-31 | $1,486,051 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-08-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-08-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-08-31 | No |
| Contributions received in cash from employer | 2021-08-31 | $3,302,208 |
| Contract administrator fees | 2021-08-31 | $124,110 |
| Liabilities. Value of benefit claims payable at end of year | 2021-08-31 | $623,494 |
| Liabilities. Value of benefit claims payable at beginning of year | 2021-08-31 | $16,480 |
| Did the plan have assets held for investment | 2021-08-31 | 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 | 2021-08-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-08-31 | No |
| Accountancy firm name | 2021-08-31 | RH CPAS PLLC |
| Accountancy firm EIN | 2021-08-31 | 200427530 |
| 2020 : ALABAMA DENTAL ASSOCIATION BENEFIT PLAN 2020 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-08-31 | $3,370,481 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-08-31 | $1,894,253 |
| Total income from all sources (including contributions) | 2020-08-31 | $3,333,568 |
| Total of all expenses incurred | 2020-08-31 | $4,406,635 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-08-31 | $4,235,692 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-08-31 | $3,333,568 |
| Value of total assets at end of year | 2020-08-31 | $1,158,532 |
| Value of total assets at beginning of year | 2020-08-31 | $755,371 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-08-31 | $170,943 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-08-31 | No |
| Administrative expenses professional fees incurred | 2020-08-31 | $15,420 |
| Was this plan covered by a fidelity bond | 2020-08-31 | No |
| If this is an individual account plan, was there a blackout period | 2020-08-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-08-31 | No |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-08-31 | $3,668 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-08-31 | $2,237,130 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-08-31 | $929,779 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-08-31 | $719,879 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-08-31 | $2,193,875 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-08-31 | $909,261 |
| Administrative expenses (other) incurred | 2020-08-31 | $5,533 |
| Liabilities. Value of operating payables at end of year | 2020-08-31 | $1,160,126 |
| Liabilities. Value of operating payables at beginning of year | 2020-08-31 | $922,998 |
| Total non interest bearing cash at end of year | 2020-08-31 | $228,753 |
| Total non interest bearing cash at beginning of year | 2020-08-31 | $35,492 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-08-31 | No |
| Value of net income/loss | 2020-08-31 | $-1,073,067 |
| Value of net assets at end of year (total assets less liabilities) | 2020-08-31 | $-2,211,949 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-08-31 | $-1,138,882 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-08-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-08-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-08-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-08-31 | $1,998,562 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-08-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-08-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-08-31 | No |
| Contributions received in cash from employer | 2020-08-31 | $3,329,900 |
| Contract administrator fees | 2020-08-31 | $149,990 |
| Liabilities. Value of benefit claims payable at end of year | 2020-08-31 | $16,480 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-08-31 | $61,994 |
| Did the plan have assets held for investment | 2020-08-31 | 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 | 2020-08-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-08-31 | No |
| Accountancy firm name | 2020-08-31 | RH CPAS PLLC |
| Accountancy firm EIN | 2020-08-31 | 200427530 |
| 2019 : ALABAMA DENTAL ASSOCIATION BENEFIT PLAN 2019 401k financial data |
|---|
| Total plan liabilities at end of year | 2019-08-31 | $1,894,254 |
| Total income from all sources | 2019-08-31 | $724,791 |
| Expenses. Total of all expenses incurred | 2019-08-31 | $1,863,674 |
| Benefits paid (including direct rollovers) | 2019-08-31 | $1,702,641 |
| Total plan assets at end of year | 2019-08-31 | $755,371 |
| Total plan assets at beginning of year | 2019-08-31 | $0 |
| Total contributions received or receivable from participants | 2019-08-31 | $720,607 |
| Expenses. Other expenses not covered elsewhere | 2019-08-31 | $26,021 |
| Contributions received from other sources (not participants or employers) | 2019-08-31 | $4,184 |
| Net income (gross income less expenses) | 2019-08-31 | $-1,138,883 |
| Net plan assets at end of year (total assets less liabilities) | 2019-08-31 | $-1,138,883 |
| Net plan assets at beginning of year (total assets less liabilities) | 2019-08-31 | $0 |
| Total contributions received or receivable from employer(s) | 2019-08-31 | $2,894,982 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2019-08-31 | $135,012 |
