IGNITE TEAM PARTNERS, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan IGNITE MEDICAL RESORTS EMPLOYEE 401(K) PLAN
Measure | Date | Value |
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2022 : IGNITE MEDICAL RESORTS EMPLOYEE 401(K) PLAN 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 | $71,734 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $49,142 |
Total income from all sources (including contributions) | 2022-12-31 | $644,870 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $132,255 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $110,418 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $914,053 |
Value of total assets at end of year | 2022-12-31 | $2,245,727 |
Value of total assets at beginning of year | 2022-12-31 | $1,710,520 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $21,837 |
Total interest from all sources | 2022-12-31 | $513 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $28,231 |
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 | $28,231 |
Administrative expenses professional fees incurred | 2022-12-31 | $1,195 |
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 | $698,833 |
Participant contributions at end of year | 2022-12-31 | $6,729 |
Participant contributions at beginning of year | 2022-12-31 | $2,126 |
Participant contributions at end of year | 2022-12-31 | $0 |
Participant contributions at beginning of year | 2022-12-31 | $10,110 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $154,151 |
Assets. Loans (other than to participants) at end of year | 2022-12-31 | $0 |
Assets. Loans (other than to participants) at beginning of year | 2022-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $71,734 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $49,142 |
Total non interest bearing cash at end of year | 2022-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $7,488 |
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 | $512,615 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $2,173,993 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $1,661,378 |
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 | $12,604 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $2,218,007 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $1,675,330 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $0 |
Interest on participant loans | 2022-12-31 | $187 |
Interest earned on other investments | 2022-12-31 | $317 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $766,719 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $20,991 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $14,607 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $14,607 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $326 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $20,991 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-297,927 |
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 | $61,069 |
Employer contributions (assets) at end of year | 2022-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $859 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $110,418 |
Contract administrator fees | 2022-12-31 | $8,038 |
Liabilities. Value of benefit claims payable at end of year | 2022-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $0 |
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 |
Liabilities. Value of acquisition indebtedness at end of year | 2022-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2022-12-31 | $0 |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | MARCUM, LLP |
Accountancy firm EIN | 2022-12-31 | 111986323 |
2021 : IGNITE MEDICAL RESORTS EMPLOYEE 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total transfer of assets to this plan | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $41,725 |
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 | $1,709,355 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $813,858 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $795,192 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,509,881 |
Value of total assets at end of year | 2021-12-31 | $1,716,371 |
Value of total assets at beginning of year | 2021-12-31 | $779,149 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $18,666 |
Total interest from all sources | 2021-12-31 | $209 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $19,028 |
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 | $19,028 |
Administrative expenses professional fees incurred | 2021-12-31 | $911 |
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 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $495,877 |
Participant contributions at end of year | 2021-12-31 | $2,126 |
Participant contributions at beginning of year | 2021-12-31 | $0 |
Participant contributions at end of year | 2021-12-31 | $7,037 |
Participant contributions at beginning of year | 2021-12-31 | $1,633 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $11,640 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2021-12-31 | $778,025 |
Assets. Loans (other than to participants) at end of year | 2021-12-31 | $0 |
Assets. Loans (other than to participants) at beginning of year | 2021-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $49,142 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $0 |
Other income not declared elsewhere | 2021-12-31 | $7,490 |
Administrative expenses (other) incurred | 2021-12-31 | $0 |
Total non interest bearing cash at end of year | 2021-12-31 | $7,487 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $0 |
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 |
Income. Non cash contributions | 2021-12-31 | $957,185 |
Value of net income/loss | 2021-12-31 | $895,497 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $1,674,646 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $779,149 |
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 | $8,884 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $1,684,943 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $779,149 |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $0 |
Interest on participant loans | 2021-12-31 | $44 |
Income. Interest from loans (other than to participants) | 2021-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $14,607 |
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 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $165 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $180,237 |
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 | $45,179 |
Employer contributions (assets) at end of year | 2021-12-31 | $171 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $148 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $17,167 |
Contract administrator fees | 2021-12-31 | $8,871 |
Liabilities. Value of benefit claims payable at end of year | 2021-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 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 |
Liabilities. Value of acquisition indebtedness at end of year | 2021-12-31 | $41,725 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2021-12-31 | $0 |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | MARCUM, LP |
Accountancy firm EIN | 2021-12-31 | 111986323 |