KV POWER, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan KV POWER 401(K) & PROFIT SHARING PLAN
Measure | Date | Value |
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2021 : KV POWER 401(K) & 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 | $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 | $5,143,662 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $1,386,856 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,318,175 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $24,044 |
Value of total corrective distributions | 2021-12-31 | $1,863 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $3,973,327 |
Value of total assets at end of year | 2021-12-31 | $10,713,666 |
Value of total assets at beginning of year | 2021-12-31 | $6,956,860 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $42,774 |
Total interest from all sources | 2021-12-31 | $15,807 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
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 | $2,649,830 |
Participant contributions at end of year | 2021-12-31 | $507,828 |
Participant contributions at beginning of year | 2021-12-31 | $351,605 |
Participant contributions at beginning of year | 2021-12-31 | $38,618 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $251,831 |
Other income not declared elsewhere | 2021-12-31 | $189 |
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 | $3,756,806 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $10,713,666 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $6,956,860 |
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 |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $9,693,215 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $6,296,537 |
Interest on participant loans | 2021-12-31 | $11,917 |
Interest earned on other investments | 2021-12-31 | $3,890 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $512,623 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $187,813 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $1,154,339 |
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 | $1,071,666 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $82,287 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,318,175 |
Contract administrator fees | 2021-12-31 | $42,774 |
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 | CARR, RIGGS, & INGRAM, LLC |
Accountancy firm EIN | 2021-12-31 | 721396621 |
2020 : KV POWER 401(K) & 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 | $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 | $3,832,229 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $676,065 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $646,674 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $10,159 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $2,925,111 |
Value of total assets at end of year | 2020-12-31 | $6,835,955 |
Value of total assets at beginning of year | 2020-12-31 | $3,679,791 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $19,232 |
Total interest from all sources | 2020-12-31 | $7,872 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $35,000 |
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 | $904,417 |
Participant contributions at end of year | 2020-12-31 | $351,605 |
Participant contributions at beginning of year | 2020-12-31 | $121,861 |
Participant contributions at end of year | 2020-12-31 | $38,618 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $123,605 |
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 | $3,156,164 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $6,835,955 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $3,679,791 |
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 |
Value of interest in pooled separate accounts at end of year | 2020-12-31 | $6,296,537 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $3,515,978 |
Interest on participant loans | 2020-12-31 | $6,862 |
Interest earned on other investments | 2020-12-31 | $1,010 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $187,813 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $41,952 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $899,246 |
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 | $1,897,089 |
Employer contributions (assets) at end of year | 2020-12-31 | $82,287 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $646,674 |
Contract administrator fees | 2020-12-31 | $19,232 |
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 | CARR, RIGGS & INGRAM, LLC |
Accountancy firm EIN | 2020-12-31 | 721396621 |
2019 : KV POWER 401(K) & PROFIT SHARING PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $2,377,016 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $196,773 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $178,259 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $7,073 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,927,556 |
Value of total assets at end of year | 2019-12-31 | $3,679,790 |
Value of total assets at beginning of year | 2019-12-31 | $1,499,547 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $11,441 |
Total interest from all sources | 2019-12-31 | $3,350 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $150,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $1,159,666 |
Participant contributions at end of year | 2019-12-31 | $121,860 |
Participant contributions at beginning of year | 2019-12-31 | $28,608 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $270,408 |
Other income not declared elsewhere | 2019-12-31 | $1,793 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $2,180,243 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $3,679,790 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $1,499,547 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $3,515,978 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $1,434,427 |
Interest on participant loans | 2019-12-31 | $3,069 |
Interest earned on other investments | 2019-12-31 | $281 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $41,952 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $36,512 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $444,317 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $497,482 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $178,259 |
Contract administrator fees | 2019-12-31 | $11,441 |
Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | CARR, RIGGS & INGRAM, LLC |
Accountancy firm EIN | 2019-12-31 | 721396621 |