VNC LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan VESON NAUTICAL CORPORATION 401 K PROFIT SHARING PLAN TRUST
401k plan membership statisitcs for VESON NAUTICAL CORPORATION 401 K PROFIT SHARING PLAN TRUST
Measure | Date | Value |
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2022 : VESON NAUTICAL CORPORATION 401 K PROFIT SHARING PLAN TRUST 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 | $1,521,499 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $1,199,806 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,139,401 |
Value of total corrective distributions | 2022-12-31 | $950 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $4,848,592 |
Value of total assets at end of year | 2022-12-31 | $18,573,826 |
Value of total assets at beginning of year | 2022-12-31 | $18,252,133 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $59,455 |
Total interest from all sources | 2022-12-31 | $2,872 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $343,180 |
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 | $343,180 |
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 | $1,818,512 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $2,242,332 |
Assets. Loans (other than to participants) at end of year | 2022-12-31 | $48,746 |
Assets. Loans (other than to participants) at beginning of year | 2022-12-31 | $52,387 |
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 | $321,693 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $18,573,826 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $18,252,133 |
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 | $34,600 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $18,521,570 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $18,199,746 |
Interest on participant loans | 2022-12-31 | $2,706 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $3,510 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $166 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-3,673,145 |
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 | $787,748 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,139,401 |
Contract administrator fees | 2022-12-31 | $24,855 |
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 | GRAY, GRAY & GRAY LLP |
Accountancy firm EIN | 2022-12-31 | 042088368 |
2021 : VESON NAUTICAL CORPORATION 401 K PROFIT SHARING PLAN TRUST 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 | $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 | $6,569,402 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $408,676 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $358,865 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $3,834,647 |
Value of total assets at end of year | 2021-12-31 | $18,252,133 |
Value of total assets at beginning of year | 2021-12-31 | $12,091,407 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $49,811 |
Total interest from all sources | 2021-12-31 | $2,441 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $319,123 |
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 | $319,123 |
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 | $1,428,890 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $1,831,148 |
Assets. Loans (other than to participants) at end of year | 2021-12-31 | $52,387 |
Assets. Loans (other than to participants) at beginning of year | 2021-12-31 | $26,029 |
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 | $6,160,726 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $18,252,133 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $12,091,407 |
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 | $29,372 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $18,199,746 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $12,065,378 |
Interest on participant loans | 2021-12-31 | $2,441 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $2,413,191 |
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 | $574,609 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $358,865 |
Contract administrator fees | 2021-12-31 | $20,439 |
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 | GRAY, GRAY & GRAY LLP |
Accountancy firm EIN | 2021-12-31 | 042088368 |
2020 : VESON NAUTICAL CORPORATION 401 K PROFIT SHARING PLAN TRUST 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 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $3,483,673 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $625,388 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $593,608 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,816,326 |
Value of total assets at end of year | 2020-12-31 | $12,091,407 |
Value of total assets at beginning of year | 2020-12-31 | $9,233,122 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $31,780 |
Total interest from all sources | 2020-12-31 | $2,962 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $166,082 |
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 | $166,082 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
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 | $1,062,009 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $289,114 |
Assets. Loans (other than to participants) at end of year | 2020-12-31 | $26,029 |
Assets. Loans (other than to participants) at beginning of year | 2020-12-31 | $63,052 |
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 | $2,858,285 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $12,091,407 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $9,233,122 |
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 | $18,438 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $12,065,378 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $9,170,070 |
Interest on participant loans | 2020-12-31 | $2,962 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,498,303 |
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 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $465,203 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $593,608 |
Contract administrator fees | 2020-12-31 | $13,342 |
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 | GRAY, GRAY & GRAY |
Accountancy firm EIN | 2020-12-31 | 042088368 |