PERSEFONI AI INC. has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2023 : PERSEFONI AI 401(K) PLAN 2023 401k financial data |
|---|
| Total income from all sources (including contributions) | 2023-12-31 | $4,991,851 |
| Total of all expenses incurred | 2023-12-31 | $804,381 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $801,603 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $3,841,687 |
| Value of total assets at end of year | 2023-12-31 | $8,000,975 |
| Value of total assets at beginning of year | 2023-12-31 | $3,813,505 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $2,778 |
| Total interest from all sources | 2023-12-31 | $671 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $2,606,756 |
| Participant contributions at end of year | 2023-12-31 | $-7,191 |
| Participant contributions at beginning of year | 2023-12-31 | $725 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $223,112 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2023-12-31 | $0 |
| Other income not declared elsewhere | 2023-12-31 | $70 |
| Total non interest bearing cash at end of year | 2023-12-31 | $108,826 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $17,493 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $4,187,470 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $8,000,975 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $3,813,505 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $7,810,389 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $3,794,905 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $671 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $91,958 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $1,149,423 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $1,011,819 |
| Employer contributions (assets) at end of year | 2023-12-31 | $-3,007 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $382 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $801,603 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2023-12-31 | Yes |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | SILICON VALLEY ACCOUNTANCY CORP |
| Accountancy firm EIN | 2023-12-31 | 770573994 |
| Total income from all sources (including contributions) | 2023-01-01 | $4,991,851 |
| Total of all expenses incurred | 2023-01-01 | $804,381 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $801,603 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $3,841,687 |
| Value of total assets at end of year | 2023-01-01 | $8,000,975 |
| Value of total assets at beginning of year | 2023-01-01 | $3,813,505 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $2,778 |
| Total interest from all sources | 2023-01-01 | $671 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $2,606,756 |
| Participant contributions at end of year | 2023-01-01 | $-7,191 |
| Participant contributions at beginning of year | 2023-01-01 | $725 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $223,112 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2023-01-01 | $0 |
| Other income not declared elsewhere | 2023-01-01 | $70 |
| Total non interest bearing cash at end of year | 2023-01-01 | $108,826 |
| Total non interest bearing cash at beginning of year | 2023-01-01 | $17,493 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $4,187,470 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $8,000,975 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $3,813,505 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in pooled separate accounts at end of year | 2023-01-01 | $7,810,389 |
| Value of interest in pooled separate accounts at beginning of year | 2023-01-01 | $3,794,905 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-01-01 | $671 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $91,958 |
| Net investment gain/loss from pooled separate accounts | 2023-01-01 | $1,149,423 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $1,011,819 |
| Employer contributions (assets) at end of year | 2023-01-01 | $-3,007 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $382 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $801,603 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2023-01-01 | Yes |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | SILICON VALLEY ACCOUNTANCY CORP |
| Accountancy firm EIN | 2023-01-01 | 770573994 |
| 2022 : PERSEFONI AI 401(K) PLAN 2022 401k financial data |
|---|
| Net assets as of the end of the plan year | 2022-09-15 | 274840 |
| Total assets as of the beginning of the plan year | 2022-09-15 | 0 |
| Participant contributions to plan in this plan year | 2022-09-15 | 105313 |
| Other contributions to plan in this plan year | 2022-09-15 | 137097 |
| Other income to plan in this plan year | 2022-09-15 | 3544 |
| Plan net income in this plan year | 2022-09-15 | 274840 |
| Net assets as of the end of the plan year | 2022-09-15 | 274840 |
| Net assets as of the beginning of the plan year | 2022-09-15 | 0 |
| Employer contributions to plan in this plan year | 2022-09-15 | 28886 |
| Fees paid to broker by Benefit Provider | 2022-09-15 | 24 |
