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SALO, LLC CASH BALANCE PLAN 401k Plan overview

Plan NameSALO, LLC CASH BALANCE PLAN
Plan identification number 002

SALO, LLC CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
    SELECT distinct(Description) AS Description FROM 401k_benefit_codes LEFT JOIN 401k_benefit_code_description ON BenefitCode=Code COLLATE utf8_unicode_ci WHERE EIN='810572797' AND PlanID='002'

401k Sponsoring company profile

SALO, LLC has sponsored the creation of one or more 401k plans.

Company Name:SALO, LLC
Employer identification number (EIN):810572797
NAIC Classification:561300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SALO, LLC CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022015-01-01AMY LANGER2016-02-22
0022014-01-01AMY LANGER2015-06-22
0022013-01-01ANN RUSCHY ANN RUSCHY2014-07-31
0022012-01-01ANN RUSCHY ANN RUSCHY2013-10-15
0022011-01-01CRAIG DEXHEIMER
0022009-01-012010-10-13
0022009-01-01CARLY KUENNEN CARLY KUENNEN2010-10-14

Financial Data on SALO, LLC CASH BALANCE PLAN

Measure Date Value
2013 : SALO, LLC CASH BALANCE PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$-55,252
Total unrealized appreciation/depreciation of assets2013-12-31$-55,252
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$220,975
Total loss/gain on sale of assets2013-12-31$158,336
Total of all expenses incurred2013-12-31$2,312,912
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$2,297,302
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$0
Value of total assets at end of year2013-12-31$946,169
Value of total assets at beginning of year2013-12-31$3,038,106
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$15,610
Total interest from all sources2013-12-31$52,521
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$65,370
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2013-12-31$0
Administrative expenses professional fees incurred2013-12-31$4,910
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2013-12-31$188,415
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Assets. Other investments not covered elsewhere at end of year2013-12-31$98,555
Assets. Other investments not covered elsewhere at beginning of year2013-12-31$540,410
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$8,528
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$18,049
Total non interest bearing cash at end of year2013-12-31$358
Total non interest bearing cash at beginning of year2013-12-31$1,860
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$-2,091,937
Value of net assets at end of year (total assets less liabilities)2013-12-31$946,169
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$3,038,106
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$10,700
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$307,615
Interest earned on other investments2013-12-31$-618
Income. Interest from US Government securities2013-12-31$771
Income. Interest from corporate debt instruments2013-12-31$52,368
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$62,690
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$140,830
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$140,830
Asset value of US Government securities at beginning of year2013-12-31$50,740
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31Yes
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Income. Dividends from common stock2013-12-31$65,370
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$2,297,302
Asset. Corporate debt instrument debt (other) at end of year2013-12-31$468,423
Asset. Corporate debt instrument debt (other) at beginning of year2013-12-31$1,471,060
Assets. Corporate common stocks other than exployer securities at beginning of year2013-12-31$626,742
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$2,353,861
Aggregate carrying amount (costs) on sale of assets2013-12-31$2,195,525
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31LURIE BESIKOF LAPIDUS & CO LLP
Accountancy firm EIN2013-12-31410721734
2012 : SALO, LLC CASH BALANCE PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$86,371
Total unrealized appreciation/depreciation of assets2012-12-31$86,371
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$290,778
Total loss/gain on sale of assets2012-12-31$62,161
Total of all expenses incurred2012-12-31$335,333
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$321,538
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$0
Value of total assets at end of year2012-12-31$3,038,106
Value of total assets at beginning of year2012-12-31$3,082,661
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$13,795
Total interest from all sources2012-12-31$79,987
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$62,259
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Assets. Corporate prefeered stocks other than exployer securities at end of year2012-12-31$188,415
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2012-12-31$247,459
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Assets. Other investments not covered elsewhere at end of year2012-12-31$540,410
Assets. Other investments not covered elsewhere at beginning of year2012-12-31$482,312
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$18,049
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$15,225
Total non interest bearing cash at end of year2012-12-31$1,860
Total non interest bearing cash at beginning of year2012-12-31$1,575
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$-44,555
Value of net assets at end of year (total assets less liabilities)2012-12-31$3,038,106
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$3,082,661
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$13,795
Interest earned on other investments2012-12-31$-95
Income. Interest from US Government securities2012-12-31$2,942
Income. Interest from corporate debt instruments2012-12-31$77,129
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$140,830
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$65,873
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$65,873
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$11
Asset value of US Government securities at end of year2012-12-31$50,740
Asset value of US Government securities at beginning of year2012-12-31$103,252
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Income. Dividends from common stock2012-12-31$62,259
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$321,538
Asset. Corporate debt instrument debt (other) at end of year2012-12-31$1,471,060
Asset. Corporate debt instrument debt (other) at beginning of year2012-12-31$1,610,676
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$626,742
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$556,289
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Aggregate proceeds on sale of assets2012-12-31$1,420,845
Aggregate carrying amount (costs) on sale of assets2012-12-31$1,358,684
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31LURIE BESIKOF LAPIDUS & CO LLP
Accountancy firm EIN2012-12-31410721734
2011 : SALO, LLC CASH BALANCE PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-93,732
Total unrealized appreciation/depreciation of assets2011-12-31$-93,732
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$108,875
Total loss/gain on sale of assets2011-12-31$58,956
Total of all expenses incurred2011-12-31$68,843
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$55,344
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$0
Value of total assets at end of year2011-12-31$3,082,661
Value of total assets at beginning of year2011-12-31$3,042,629
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$13,499
Total interest from all sources2011-12-31$80,620
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$63,031
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Assets. Corporate prefeered stocks other than exployer securities at end of year2011-12-31$247,459
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2011-12-31$179,771
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Assets. Other investments not covered elsewhere at end of year2011-12-31$482,312
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$262,030
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$15,225
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$13,113
Total non interest bearing cash at end of year2011-12-31$1,575
Total non interest bearing cash at beginning of year2011-12-31$1,706
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$40,032
Value of net assets at end of year (total assets less liabilities)2011-12-31$3,082,661
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$3,042,629
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$13,499
Income. Interest from US Government securities2011-12-31$7,861
Income. Interest from corporate debt instruments2011-12-31$72,747
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$65,873
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$122,352
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$122,352
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$12
Asset value of US Government securities at end of year2011-12-31$103,252
Asset value of US Government securities at beginning of year2011-12-31$259,485
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Employer contributions (assets) at beginning of year2011-12-31$400,000
Income. Dividends from common stock2011-12-31$63,031
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$55,344
Asset. Corporate debt instrument debt (other) at end of year2011-12-31$1,610,676
Asset. Corporate debt instrument debt (other) at beginning of year2011-12-31$1,251,174
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$556,289
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$552,998
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$963,515
Aggregate carrying amount (costs) on sale of assets2011-12-31$904,559
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31LURIE BESIKOF LAPIDUS & COMPANY LLP
Accountancy firm EIN2011-12-31410721734
2010 : SALO, LLC CASH BALANCE PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$73,408
Total unrealized appreciation/depreciation of assets2010-12-31$73,408
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$624,224
Total loss/gain on sale of assets2010-12-31$33,698
Total of all expenses incurred2010-12-31$91,243
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$79,845
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$400,000
Value of total assets at end of year2010-12-31$3,042,629
Value of total assets at beginning of year2010-12-31$2,509,648
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$11,398
Total interest from all sources2010-12-31$65,496
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$51,622
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Assets. Corporate prefeered stocks other than exployer securities at end of year2010-12-31$179,771
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2010-12-31$183,228
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Assets. Other investments not covered elsewhere at end of year2010-12-31$262,030
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$260,670
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$13,113
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$16,226
Total non interest bearing cash at end of year2010-12-31$1,706
Total non interest bearing cash at beginning of year2010-12-31$1,060
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$532,981
Value of net assets at end of year (total assets less liabilities)2010-12-31$3,042,629
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$2,509,648
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$11,398
Interest earned on other investments2010-12-31$248
Income. Interest from US Government securities2010-12-31$17,192
Income. Interest from corporate debt instruments2010-12-31$48,046
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$122,352
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$153,401
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$153,401
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$10
Asset value of US Government securities at end of year2010-12-31$259,485
Asset value of US Government securities at beginning of year2010-12-31$314,483
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31Yes
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$400,000
Employer contributions (assets) at end of year2010-12-31$400,000
Employer contributions (assets) at beginning of year2010-12-31$0
Income. Dividends from common stock2010-12-31$51,622
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$79,845
Asset. Corporate debt instrument debt (other) at end of year2010-12-31$1,251,174
Asset. Corporate debt instrument debt (other) at beginning of year2010-12-31$1,057,993
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$552,998
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$522,587
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$1,751,698
Aggregate carrying amount (costs) on sale of assets2010-12-31$1,718,000
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31LURIE BESIKOF LAPIDUS & COMPANY LLP
Accountancy firm EIN2010-12-31410721734
2009 : SALO, LLC CASH BALANCE PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

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