CHERRY COMPANIES has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan CHERRY MOVING COMPANY, INC. DBA CHERRY DEMOLITION SPIN-OFF PLAN
401k plan membership statisitcs for CHERRY MOVING COMPANY, INC. DBA CHERRY DEMOLITION SPIN-OFF PLAN
Measure | Date | Value |
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2020 : CHERRY MOVING COMPANY, INC. DBA CHERRY DEMOLITION SPIN-OFF PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-11-23 | $0 |
Total transfer of assets to this plan | 2020-11-23 | $8,266,100 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-11-23 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-11-23 | $0 |
Total income from all sources (including contributions) | 2020-11-23 | $-909,345 |
Total loss/gain on sale of assets | 2020-11-23 | $0 |
Total of all expenses incurred | 2020-11-23 | $7,356,755 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-11-23 | $7,348,014 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-11-23 | $0 |
Value of total assets at end of year | 2020-11-23 | $0 |
Value of total assets at beginning of year | 2020-11-23 | $0 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-11-23 | $8,741 |
Total interest from all sources | 2020-11-23 | $4,478 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-11-23 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-11-23 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2020-11-23 | $0 |
Was this plan covered by a fidelity bond | 2020-11-23 | Yes |
Value of fidelity bond cover | 2020-11-23 | $1,000 |
If this is an individual account plan, was there a blackout period | 2020-11-23 | No |
Were there any nonexempt tranactions with any party-in-interest | 2020-11-23 | No |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-11-23 | $5,216 |
Other income not declared elsewhere | 2020-11-23 | $6,337 |
Total non interest bearing cash at end of year | 2020-11-23 | $0 |
Total non interest bearing cash at beginning of year | 2020-11-23 | $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 | 2020-11-23 | No |
Value of net income/loss | 2020-11-23 | $-8,266,100 |
Value of net assets at end of year (total assets less liabilities) | 2020-11-23 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-11-23 | $0 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-11-23 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-11-23 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-11-23 | No |
Interest on participant loans | 2020-11-23 | $4,478 |
Net investment gain/loss from pooled separate accounts | 2020-11-23 | $-920,160 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-11-23 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-11-23 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-11-23 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-11-23 | $7,342,798 |
Contract administrator fees | 2020-11-23 | $8,741 |
Did the plan have assets held for investment | 2020-11-23 | 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 | 2020-11-23 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-11-23 | Yes |
Opinion of an independent qualified public accountant for this plan | 2020-11-23 | Disclaimer |
Accountancy firm name | 2020-11-23 | HANNIS T. BOURGEOIS, LLP |
Accountancy firm EIN | 2020-11-23 | 720636725 |