CLOUGH USA, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan CLOUGH USA & AFFILIATES 401(K) AND RETIREMENT PLAN
401k plan membership statisitcs for CLOUGH USA & AFFILIATES 401(K) AND RETIREMENT PLAN
Measure | Date | Value |
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2022 : CLOUGH USA & AFFILIATES 401(K) AND RETIREMENT PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-06-30 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-06-30 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-06-30 | $0 |
Total income from all sources (including contributions) | 2022-06-30 | $938,953 |
Total loss/gain on sale of assets | 2022-06-30 | $0 |
Total of all expenses incurred | 2022-06-30 | $1,413,752 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-06-30 | $1,404,645 |
Value of total corrective distributions | 2022-06-30 | $194 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-06-30 | $3,606,546 |
Value of total assets at end of year | 2022-06-30 | $11,619,306 |
Value of total assets at beginning of year | 2022-06-30 | $12,094,105 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-06-30 | $8,913 |
Total interest from all sources | 2022-06-30 | $2,845 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-06-30 | $1,090,891 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-06-30 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-06-30 | $1,090,891 |
Was this plan covered by a fidelity bond | 2022-06-30 | Yes |
Value of fidelity bond cover | 2022-06-30 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-06-30 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-06-30 | No |
Contributions received from participants | 2022-06-30 | $2,150,097 |
Participant contributions at end of year | 2022-06-30 | $104,589 |
Participant contributions at beginning of year | 2022-06-30 | $113,305 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-06-30 | $394,800 |
Administrative expenses (other) incurred | 2022-06-30 | $8,913 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-06-30 | No |
Value of net income/loss | 2022-06-30 | $-474,799 |
Value of net assets at end of year (total assets less liabilities) | 2022-06-30 | $11,619,306 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-06-30 | $12,094,105 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-06-30 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-06-30 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-06-30 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-06-30 | $11,340,342 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-06-30 | $11,640,856 |
Interest on participant loans | 2022-06-30 | $2,669 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-06-30 | $174,375 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-06-30 | $339,944 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-06-30 | $339,944 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-06-30 | $176 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-06-30 | $-3,761,329 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-06-30 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-06-30 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-06-30 | No |
Assets. Invements in employer securities at end of year | 2022-06-30 | $0 |
Assets. Invements in employer securities at beginning of year | 2022-06-30 | $0 |
Contributions received in cash from employer | 2022-06-30 | $1,061,649 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-06-30 | $1,404,645 |
Did the plan have assets held for investment | 2022-06-30 | 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 | 2022-06-30 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-06-30 | No |
Opinion of an independent qualified public accountant for this plan | 2022-06-30 | Unqualified |
Accountancy firm name | 2022-06-30 | MELTON & MELTON, LLP |
Accountancy firm EIN | 2022-06-30 | 741550819 |
2021 : CLOUGH USA & AFFILIATES 401(K) AND RETIREMENT PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-06-30 | $0 |
Total transfer of assets from this plan | 2021-06-30 | $15,261 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-06-30 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-06-30 | $0 |
Total income from all sources (including contributions) | 2021-06-30 | $6,313,769 |
Total loss/gain on sale of assets | 2021-06-30 | $0 |
Total of all expenses incurred | 2021-06-30 | $2,778,158 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-06-30 | $2,769,783 |
Value of total corrective distributions | 2021-06-30 | $5,195 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-06-30 | $3,537,056 |
Value of total assets at end of year | 2021-06-30 | $12,094,105 |
Value of total assets at beginning of year | 2021-06-30 | $8,573,755 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-06-30 | $3,180 |
Total interest from all sources | 2021-06-30 | $4,461 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-06-30 | $529,373 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-06-30 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-06-30 | $529,373 |
Was this plan covered by a fidelity bond | 2021-06-30 | Yes |
Value of fidelity bond cover | 2021-06-30 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-06-30 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-06-30 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-06-30 | No |
Contributions received from participants | 2021-06-30 | $1,889,158 |
Participant contributions at end of year | 2021-06-30 | $113,305 |
Participant contributions at beginning of year | 2021-06-30 | $64,812 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-06-30 | $763,991 |
Administrative expenses (other) incurred | 2021-06-30 | $3,180 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-06-30 | No |
Value of net income/loss | 2021-06-30 | $3,535,611 |
Value of net assets at end of year (total assets less liabilities) | 2021-06-30 | $12,094,105 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-06-30 | $8,573,755 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-06-30 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-06-30 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-06-30 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-06-30 | $11,640,856 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-06-30 | $8,421,854 |
Interest on participant loans | 2021-06-30 | $4,442 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-06-30 | $339,944 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-06-30 | $87,089 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-06-30 | $87,089 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-06-30 | $19 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-06-30 | $2,242,879 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-06-30 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-06-30 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-06-30 | No |
Contributions received in cash from employer | 2021-06-30 | $883,907 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-06-30 | $2,769,783 |
Did the plan have assets held for investment | 2021-06-30 | 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 | 2021-06-30 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-06-30 | No |
Opinion of an independent qualified public accountant for this plan | 2021-06-30 | Unqualified |
Accountancy firm name | 2021-06-30 | MELTON & MELTON, LLP |
Accountancy firm EIN | 2021-06-30 | 741550819 |
2020 : CLOUGH USA & AFFILIATES 401(K) AND RETIREMENT PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-06-30 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-06-30 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-06-30 | $0 |
Total income from all sources (including contributions) | 2020-06-30 | $4,177,303 |
Total loss/gain on sale of assets | 2020-06-30 | $0 |
Total of all expenses incurred | 2020-06-30 | $607,810 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-06-30 | $597,161 |
Value of total corrective distributions | 2020-06-30 | $7,400 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-06-30 | $3,874,999 |
Value of total assets at end of year | 2020-06-30 | $8,573,755 |
Value of total assets at beginning of year | 2020-06-30 | $5,004,262 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-06-30 | $3,249 |
Total interest from all sources | 2020-06-30 | $1,704 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-06-30 | $383,293 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-06-30 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-06-30 | $383,293 |
Was this plan covered by a fidelity bond | 2020-06-30 | Yes |
Value of fidelity bond cover | 2020-06-30 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-06-30 | No |
Were there any nonexempt tranactions with any party-in-interest | 2020-06-30 | No |
Contributions received from participants | 2020-06-30 | $1,472,516 |
Participant contributions at end of year | 2020-06-30 | $64,812 |
Participant contributions at beginning of year | 2020-06-30 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-06-30 | $1,488,966 |
Administrative expenses (other) incurred | 2020-06-30 | $3,249 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-06-30 | No |
Value of net income/loss | 2020-06-30 | $3,569,493 |
Value of net assets at end of year (total assets less liabilities) | 2020-06-30 | $8,573,755 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-06-30 | $5,004,262 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-06-30 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-06-30 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-06-30 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-06-30 | $8,421,854 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-06-30 | $4,984,917 |
Income. Interest from US Government securities | 2020-06-30 | $1,260 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-06-30 | $87,089 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-06-30 | $19,345 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-06-30 | $19,345 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-06-30 | $444 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-06-30 | $-82,693 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-06-30 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-06-30 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-06-30 | No |
Contributions received in cash from employer | 2020-06-30 | $913,517 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-06-30 | $597,161 |
Did the plan have assets held for investment | 2020-06-30 | 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 | 2020-06-30 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-06-30 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2020-06-30 | Yes |
Opinion of an independent qualified public accountant for this plan | 2020-06-30 | Disclaimer |
Accountancy firm name | 2020-06-30 | MELTON & MELTON, LLP |
Accountancy firm EIN | 2020-06-30 | 741550819 |