WACO TRANSIT SYSTEM, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan WACO TRANSIT SYSTEM 401(K) PLAN
Measure | Date | Value |
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2022 : WACO TRANSIT SYSTEM 401(K) PLAN 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 | $33,865 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $242,178 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $221,710 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $246,251 |
Value of total assets at end of year | 2022-12-31 | $1,665,996 |
Value of total assets at beginning of year | 2022-12-31 | $1,874,309 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $20,468 |
Total interest from all sources | 2022-12-31 | $10,517 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $30,480 |
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 | $30,480 |
Administrative expenses professional fees incurred | 2022-12-31 | $8,663 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
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 | $91,411 |
Participant contributions at end of year | 2022-12-31 | $93,714 |
Participant contributions at beginning of year | 2022-12-31 | $90,104 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $2,330 |
Other income not declared elsewhere | 2022-12-31 | $317 |
Administrative expenses (other) incurred | 2022-12-31 | $225 |
Total non interest bearing cash at end of year | 2022-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $711 |
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 | $-208,313 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $1,665,996 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $1,874,309 |
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 | $2,393 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $1,175,190 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $1,477,431 |
Interest on participant loans | 2022-12-31 | $4,348 |
Interest earned on other investments | 2022-12-31 | $6,169 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $397,092 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $306,063 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-253,700 |
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 | $152,510 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $221,710 |
Contract administrator fees | 2022-12-31 | $9,187 |
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 | BAKER TILLY US, LLP |
Accountancy firm EIN | 2022-12-31 | 390859910 |
2021 : WACO TRANSIT SYSTEM 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total transfer of assets to this plan | 2021-12-31 | $1,485,131 |
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 | $456,965 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $67,787 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $56,996 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $337,284 |
Value of total assets at end of year | 2021-12-31 | $1,874,309 |
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 | $10,791 |
Total interest from all sources | 2021-12-31 | $9,219 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $21,887 |
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 | $21,887 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
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 | $94,865 |
Participant contributions at end of year | 2021-12-31 | $90,104 |
Participant contributions at beginning of year | 2021-12-31 | $0 |
Administrative expenses (other) incurred | 2021-12-31 | $10,791 |
Total non interest bearing cash at end of year | 2021-12-31 | $711 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $0 |
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 | $389,178 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $1,874,309 |
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 | $1,477,431 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $0 |
Interest on participant loans | 2021-12-31 | $5,455 |
Interest earned on other investments | 2021-12-31 | $3,764 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $306,063 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $88,575 |
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 | $242,419 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $56,996 |
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 | BAKER TILLY US, LLP |
Accountancy firm EIN | 2021-12-31 | 390859910 |