NEIL BASSETTI FARMS has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan NEIL BASSETTI FARMS PROFIT SHARING PLAN AND TRUST
| Measure | Date | Value |
|---|
| 2025 : NEIL BASSETTI FARMS PROFIT SHARING PLAN AND TRUST 2025 401k financial data |
|---|
| Total liabilities as of the beginning of the plan year | 2025-09-15 | 0 |
| Total expenses incurred by plan in this plan year | 2025-09-15 | 1427094 |
| Net assets as of the end of the plan year | 2025-09-15 | 7442871 |
| Total assets as of the beginning of the plan year | 2025-09-15 | 7849460 |
| Value of plan covered by a fidelity bond | 2025-09-15 | 500000 |
| Participant contributions to plan in this plan year | 2025-09-15 | 223718 |
| Other income to plan in this plan year | 2025-09-15 | 588287 |
| Plan net income in this plan year | 2025-09-15 | -406589 |
| Net assets as of the end of the plan year | 2025-09-15 | 7442871 |
| Net assets as of the beginning of the plan year | 2025-09-15 | 7849460 |
| Value of contributions failed to transmitted timely | 2025-09-15 | 9193 |
| Employer contributions to plan in this plan year | 2025-09-15 | 208500 |
| Fees paid to broker by Benefit Provider | 2025-09-15 | 26131 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-09-15 | 4429 |
| 2024 : NEIL BASSETTI FARMS PROFIT SHARING PLAN AND TRUST 2024 401k financial data |
|---|
| Total liabilities as of the end of the plan year | 2024-10-02 | 0 |
| Total liabilities as of the beginning of the plan year | 2024-10-02 | 2083 |
| Total expenses incurred by plan in this plan year | 2024-10-02 | 237089 |
| Net assets as of the end of the plan year | 2024-10-02 | 7849460 |
| Total assets as of the beginning of the plan year | 2024-10-02 | 6822767 |
| Value of plan covered by a fidelity bond | 2024-10-02 | 500000 |
| Participant contributions to plan in this plan year | 2024-10-02 | 226426 |
| Other income to plan in this plan year | 2024-10-02 | 829439 |
| Plan net income in this plan year | 2024-10-02 | 1028776 |
| Net assets as of the end of the plan year | 2024-10-02 | 7849460 |
| Net assets as of the beginning of the plan year | 2024-10-02 | 6820684 |
| Value of contributions failed to transmitted timely | 2024-10-02 | 6812 |
| Employer contributions to plan in this plan year | 2024-10-02 | 210000 |
| Fees paid to broker by Benefit Provider | 2024-10-02 | 25532 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-10-02 | 7286 |
| 2022 : NEIL BASSETTI FARMS PROFIT SHARING PLAN AND TRUST 2022 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $2,083 |
| Total income from all sources (including contributions) | 2022-12-31 | $-676,042 |
| Total of all expenses incurred | 2022-12-31 | $104,991 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $100,917 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $424,987 |
| Value of total assets at end of year | 2022-12-31 | $6,822,767 |
| Value of total assets at beginning of year | 2022-12-31 | $7,601,717 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $4,074 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $5,586 |
| 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 | $5,586 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| 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 | $205,987 |
| Participant contributions at end of year | 2022-12-31 | $85,041 |
| Participant contributions at beginning of year | 2022-12-31 | $78,639 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $2,083 |
| 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 | $-781,033 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $6,820,684 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $7,601,717 |
| 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 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $5,761,896 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $6,799,273 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $756,830 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $451,805 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-1,106,615 |
| 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 | Yes |
| 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 | $219,000 |
| Employer contributions (assets) at end of year | 2022-12-31 | $219,000 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $272,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $100,917 |
| Contract administrator fees | 2022-12-31 | $4,074 |
| 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 | CUTTONE & MASTRO, CPA |
| Accountancy firm EIN | 2022-12-31 | 452184917 |
| Total expenses incurred by plan in this plan year | 2022-10-10 | 97335 |
| Net assets as of the end of the plan year | 2022-10-10 | 7601717 |
| Total assets as of the beginning of the plan year | 2022-10-10 | 6557592 |
| Value of plan covered by a fidelity bond | 2022-10-10 | 500000 |
| Participant contributions to plan in this plan year | 2022-10-10 | 196619 |
| Other income to plan in this plan year | 2022-10-10 | 672841 |
| Plan net income in this plan year | 2022-10-10 | 1044125 |
| Net assets as of the end of the plan year | 2022-10-10 | 7601717 |
| Net assets as of the beginning of the plan year | 2022-10-10 | 6557592 |
| Employer contributions to plan in this plan year | 2022-10-10 | 272000 |
| Fees paid to broker by Benefit Provider | 2022-10-10 | 21467 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-10-10 | 1304 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $2,083 |
| Total income from all sources (including contributions) | 2022-01-01 | $-676,042 |
| Total of all expenses incurred | 2022-01-01 | $104,991 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $100,917 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $424,987 |
| Value of total assets at end of year | 2022-01-01 | $6,822,767 |
| Value of total assets at beginning of year | 2022-01-01 | $7,601,717 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $4,074 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $5,586 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $5,586 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $205,987 |
| Participant contributions at end of year | 2022-01-01 | $85,041 |
| Participant contributions at beginning of year | 2022-01-01 | $78,639 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-01-01 | $2,083 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-781,033 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $6,820,684 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $7,601,717 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $5,761,896 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $6,799,273 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $756,830 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $451,805 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-1,106,615 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $219,000 |
| Employer contributions (assets) at end of year | 2022-01-01 | $219,000 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $272,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $100,917 |
| Contract administrator fees | 2022-01-01 | $4,074 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | CUTTONE & MASTRO, CPA |
| Accountancy firm EIN | 2022-01-01 | 452184917 |
