ADVANCED MARINE PERFORMANCE has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan VEXUS BOATS 401(K) AND PROFIT SHARING PLAN
Measure | Date | Value |
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2022 : VEXUS BOATS 401(K) AND PROFIT SHARING PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-29 | $0 |
Total transfer of assets from this plan | 2022-12-29 | $2,999,091 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-29 | $34,312 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-29 | $13,432 |
Total income from all sources (including contributions) | 2022-12-29 | $-434,333 |
Total loss/gain on sale of assets | 2022-12-29 | $0 |
Total of all expenses incurred | 2022-12-29 | $163,262 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-29 | $147,859 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-29 | $349,135 |
Value of total assets at end of year | 2022-12-29 | $34,312 |
Value of total assets at beginning of year | 2022-12-29 | $3,610,118 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-29 | $15,403 |
Total interest from all sources | 2022-12-29 | $2,012 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-29 | $86,760 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-29 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-29 | $86,760 |
Was this plan covered by a fidelity bond | 2022-12-29 | Yes |
Value of fidelity bond cover | 2022-12-29 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-12-29 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-29 | No |
Contributions received from participants | 2022-12-29 | $323,723 |
Participant contributions at end of year | 2022-12-29 | $0 |
Participant contributions at beginning of year | 2022-12-29 | $55,308 |
Participant contributions at beginning of year | 2022-12-29 | $12,117 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-29 | $25,412 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-29 | $34,312 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-29 | $13,432 |
Total non interest bearing cash at end of year | 2022-12-29 | $122 |
Total non interest bearing cash at beginning of year | 2022-12-29 | $615 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-29 | No |
Value of net income/loss | 2022-12-29 | $-597,595 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-29 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-29 | $3,596,686 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-29 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-29 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-29 | No |
Investment advisory and management fees | 2022-12-29 | $15,403 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-29 | $34,190 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-29 | $3,409,716 |
Interest on participant loans | 2022-12-29 | $2,012 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-29 | $132,362 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-29 | $-872,240 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-29 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-29 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2022-12-29 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-29 | $147,859 |
Did the plan have assets held for investment | 2022-12-29 | 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 | 2022-12-29 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-29 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-29 | Unqualified |
Accountancy firm name | 2022-12-29 | HOGAN TAYLOR LLP |
Accountancy firm EIN | 2022-12-29 | 731413977 |
2021 : VEXUS BOATS 401(K) AND PROFIT SHARING PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $13,432 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $71,645 |
Total income from all sources (including contributions) | 2021-12-31 | $790,640 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $130,958 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $118,458 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $304,309 |
Value of total assets at end of year | 2021-12-31 | $3,610,118 |
Value of total assets at beginning of year | 2021-12-31 | $3,008,649 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $12,500 |
Total interest from all sources | 2021-12-31 | $1,843 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $165,264 |
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 | $165,264 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
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 | $275,087 |
Participant contributions at end of year | 2021-12-31 | $55,308 |
Participant contributions at beginning of year | 2021-12-31 | $24,545 |
Participant contributions at end of year | 2021-12-31 | $12,117 |
Participant contributions at beginning of year | 2021-12-31 | $7,300 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $29,222 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $48,073 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $13,432 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $71,645 |
Total non interest bearing cash at end of year | 2021-12-31 | $615 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $15,967 |
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 | $659,682 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $3,596,686 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $2,937,004 |
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 |
Investment advisory and management fees | 2021-12-31 | $12,500 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $3,409,716 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $2,766,695 |
Interest on participant loans | 2021-12-31 | $1,843 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $132,362 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $146,069 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $319,224 |
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 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $118,458 |
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 | HOGAN TAYLOR LLP |
Accountancy firm EIN | 2021-12-31 | 731413977 |
2020 : VEXUS BOATS 401(K) AND PROFIT SHARING PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $71,645 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $32,860 |
Total income from all sources (including contributions) | 2020-12-31 | $760,697 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $293,531 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $285,749 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $223,322 |
Value of total assets at end of year | 2020-12-31 | $3,008,649 |
Value of total assets at beginning of year | 2020-12-31 | $2,502,698 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $7,782 |
Total interest from all sources | 2020-12-31 | $1,149 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $73,885 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $73,885 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $193,571 |
Participant contributions at end of year | 2020-12-31 | $24,545 |
Participant contributions at beginning of year | 2020-12-31 | $22,002 |
Participant contributions at end of year | 2020-12-31 | $7,300 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $29,751 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $48,073 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $20,082 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $71,645 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $32,860 |
Total non interest bearing cash at end of year | 2020-12-31 | $15,967 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $11,517 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $467,166 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $2,937,004 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $2,469,838 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Investment advisory and management fees | 2020-12-31 | $7,782 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $2,766,695 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $2,288,898 |
Interest on participant loans | 2020-12-31 | $1,149 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $146,069 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $160,199 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $462,341 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $285,749 |
Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | HOGAN TAYLOR LLP |
Accountancy firm EIN | 2020-12-31 | 731413977 |