MANAGEMENT FC, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan FLAGSHIP COMMUNITIES 401(K) PLAN
Measure | Date | Value |
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2022 : FLAGSHIP COMMUNITIES 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 | $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 | $193,994 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $397,973 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $397,312 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $356,840 |
Value of total assets at end of year | 2022-12-31 | $815,175 |
Value of total assets at beginning of year | 2022-12-31 | $1,019,154 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $661 |
Total interest from all sources | 2022-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $-162,846 |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $-162,846 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $120,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $239,967 |
Administrative expenses (other) incurred | 2022-12-31 | $661 |
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 | $-203,979 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $815,175 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $1,019,154 |
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 pooled separate accounts at end of year | 2022-12-31 | $790,341 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $646,810 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $23,979 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $360,335 |
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 | $116,873 |
Employer contributions (assets) at end of year | 2022-12-31 | $855 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $12,009 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $397,312 |
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 | 2022-12-31 | Yes |
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 | VONLEHMAN CPA & ADVISORY FIRM |
Accountancy firm EIN | 2022-12-31 | 310905417 |