TURNER MINING GROUP, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan TURNER MINING GROUP 401(K) PLAN
Measure | Date | Value |
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2022 : TURNER MINING GROUP 401(K) PLAN 2022 401k financial data |
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Total transfer of assets to this plan | 2022-12-31 | $7,747 |
Total transfer of assets from this plan | 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 | $248,322 |
Total of all expenses incurred | 2022-12-31 | $262,447 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $254,169 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $0 |
Value of total corrective distributions | 2022-12-31 | $2,321 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $404,394 |
Value of total assets at end of year | 2022-12-31 | $854,051 |
Value of total assets at beginning of year | 2022-12-31 | $860,429 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $5,957 |
Total interest from all sources | 2022-12-31 | $198 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $17,447 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2022-12-31 | $0 |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $17,447 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $441,000,000 |
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 |
Amount of non-exempt transactions with any party-in-interest | 2022-12-31 | $0 |
Contributions received from participants | 2022-12-31 | $267,764 |
Participant contributions at end of year | 2022-12-31 | $3,197 |
Participant contributions at beginning of year | 2022-12-31 | $8,241 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $2,574 |
Other income not declared elsewhere | 2022-12-31 | $-1,789 |
Administrative expenses (other) incurred | 2022-12-31 | $0 |
Total non interest bearing cash at end of year | 2022-12-31 | $10,271 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $379 |
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 | $-14,125 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $854,051 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $860,429 |
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 | $5,741 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $840,582 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $851,808 |
Interest on participant loans | 2022-12-31 | $198 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $1 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $1 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $1 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-171,928 |
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 | $134,056 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $254,169 |
Contract administrator fees | 2022-12-31 | $216 |
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 | SOMERSET CPA |
Accountancy firm EIN | 2022-12-31 | 201717681 |
2021 : TURNER MINING GROUP 401(K) PLAN 2021 401k financial data |
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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 | $471,680 |
Total of all expenses incurred | 2021-12-31 | $439,980 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $433,151 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $0 |
Value of total corrective distributions | 2021-12-31 | $173 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $338,509 |
Value of total assets at end of year | 2021-12-31 | $860,429 |
Value of total assets at beginning of year | 2021-12-31 | $828,729 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $6,656 |
Total interest from all sources | 2021-12-31 | $327 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $16,980 |
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 | $16,980 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $336,000,000 |
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 |
Amount of non-exempt transactions with any party-in-interest | 2021-12-31 | $0 |
Contributions received from participants | 2021-12-31 | $245,670 |
Participant contributions at end of year | 2021-12-31 | $8,241 |
Participant contributions at beginning of year | 2021-12-31 | $8,614 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $25 |
Other income not declared elsewhere | 2021-12-31 | $717 |
Administrative expenses (other) incurred | 2021-12-31 | $1,700 |
Total non interest bearing cash at end of year | 2021-12-31 | $379 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $418 |
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 | $31,700 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $860,429 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $828,729 |
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 | $4,956 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $851,808 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $819,697 |
Interest on participant loans | 2021-12-31 | $327 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $1 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $115,147 |
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 |
Contributions received in cash from employer | 2021-12-31 | $92,814 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $433,151 |
Contract administrator fees | 2021-12-31 | $0 |
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 |
2020 : TURNER MINING GROUP 401(K) PLAN 2020 401k financial data |
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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 | $699,306 |
Total of all expenses incurred | 2020-12-31 | $209,672 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $205,206 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $0 |
Value of total corrective distributions | 2020-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $565,542 |
Value of total assets at end of year | 2020-12-31 | $828,729 |
Value of total assets at beginning of year | 2020-12-31 | $339,095 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $4,466 |
Total interest from all sources | 2020-12-31 | $233 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $12,404 |
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 | $12,404 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $190,000,000 |
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 |
Amount of non-exempt transactions with any party-in-interest | 2020-12-31 | $0 |
Contributions received from participants | 2020-12-31 | $381,600 |
Participant contributions at end of year | 2020-12-31 | $8,614 |
Participant contributions at beginning of year | 2020-12-31 | $2,417 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $14,908 |
Other income not declared elsewhere | 2020-12-31 | $3,706 |
Administrative expenses (other) incurred | 2020-12-31 | $2,625 |
Total non interest bearing cash at end of year | 2020-12-31 | $418 |
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 | $489,634 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $828,729 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $339,095 |
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 | $1,744 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $819,697 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $336,678 |
Interest on participant loans | 2020-12-31 | $233 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $117,421 |
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 |
Contributions received in cash from employer | 2020-12-31 | $169,034 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $205,206 |
Contract administrator fees | 2020-12-31 | $97 |
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 | Unqualified |
Accountancy firm name | 2020-12-31 | SOMERSET CPAS, P.C. |
Accountancy firm EIN | 2020-12-31 | 201717681 |