FAST SWITCH - GREAT LAKES LLC DBA FASTTEK GLOBAL has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan FAST SWITCH - GREAT LAKES LLC 401(K) PLAN
Measure | Date | Value |
---|
2022 : FAST SWITCH - GREAT LAKES LLC 401(K) PLAN 2022 401k financial data |
---|
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 | $324 |
Total income from all sources (including contributions) | 2022-12-31 | $470,154 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $1,315,440 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,262,283 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $11,778 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,548,868 |
Value of total assets at end of year | 2022-12-31 | $5,752,921 |
Value of total assets at beginning of year | 2022-12-31 | $6,598,531 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $41,379 |
Total interest from all sources | 2022-12-31 | $14,578 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $142,099 |
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 | $142,099 |
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 | $1,112,394 |
Participant contributions at end of year | 2022-12-31 | $85,883 |
Participant contributions at beginning of year | 2022-12-31 | $124,130 |
Participant contributions at end of year | 2022-12-31 | $1,563 |
Participant contributions at beginning of year | 2022-12-31 | $3,121 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $85,218 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $0 |
Other income not declared elsewhere | 2022-12-31 | $0 |
Administrative expenses (other) incurred | 2022-12-31 | $41,379 |
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 | $-845,286 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $5,752,921 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $6,598,207 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $5,205,066 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $6,071,836 |
Interest on participant loans | 2022-12-31 | $4,767 |
Interest earned on other investments | 2022-12-31 | $9,811 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $456,492 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $398,189 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,235,391 |
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 | $351,256 |
Employer contributions (assets) at end of year | 2022-12-31 | $3,917 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $1,255 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,262,283 |
Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $324 |
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 | WEINLANDER FITZHUGH |
Accountancy firm EIN | 2022-12-31 | 382272300 |
2021 : FAST SWITCH - GREAT LAKES LLC 401(K) PLAN 2021 401k financial data |
---|
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 | $324 |
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 | $2,717,579 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $677,507 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $635,602 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $3,773 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $2,033,503 |
Value of total assets at end of year | 2021-12-31 | $6,598,531 |
Value of total assets at beginning of year | 2021-12-31 | $4,558,135 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $38,132 |
Total interest from all sources | 2021-12-31 | $3,722 |
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 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $1,201,717 |
Participant contributions at end of year | 2021-12-31 | $124,130 |
Participant contributions at beginning of year | 2021-12-31 | $71,845 |
Participant contributions at end of year | 2021-12-31 | $3,121 |
Participant contributions at beginning of year | 2021-12-31 | $2,134 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $481,627 |
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 | $0 |
Administrative expenses (other) incurred | 2021-12-31 | $0 |
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 |
Value of net income/loss | 2021-12-31 | $2,040,072 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $6,598,207 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $4,558,135 |
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 | $38,132 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $6,071,836 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $4,218,544 |
Interest on participant loans | 2021-12-31 | $3,722 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $398,189 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $264,625 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $680,354 |
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 | $350,159 |
Employer contributions (assets) at end of year | 2021-12-31 | $1,255 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $987 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $635,602 |
Liabilities. Value of benefit claims payable at end of year | 2021-12-31 | $324 |
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 | WEINLANDER FITZHUGH |
Accountancy firm EIN | 2021-12-31 | 382272300 |
2020 : FAST SWITCH - GREAT LAKES LLC 401(K) PLAN 2020 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total transfer of assets to this plan | 2020-12-31 | $103,735 |
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 | $4,539,135 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $84,735 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $66,702 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $777 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $3,877,611 |
Value of total assets at end of year | 2020-12-31 | $4,558,135 |
Value of total assets at beginning of year | 2020-12-31 | $0 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $17,256 |
Total interest from all sources | 2020-12-31 | $4,798 |
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 | $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 | $1,128,052 |
Participant contributions at end of year | 2020-12-31 | $71,845 |
Participant contributions at end of year | 2020-12-31 | $2,134 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $2,434,673 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $0 |
Other income not declared elsewhere | 2020-12-31 | $56 |
Administrative expenses (other) incurred | 2020-12-31 | $17,256 |
Total non interest bearing cash at end of year | 2020-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $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 | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $4,454,400 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $4,558,135 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $0 |
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 registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $4,218,544 |
Interest on participant loans | 2020-12-31 | $4,798 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $264,625 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $656,670 |
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 | $314,886 |
Employer contributions (assets) at end of year | 2020-12-31 | $987 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $66,702 |
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 | WEINLANDER FITZHUGH |
Accountancy firm EIN | 2020-12-31 | 382272300 |