LOFTIN EQUIPMENT COMPANY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan LOFTIN EQUIPMENT COMPANY 401(K) PLAN
Measure | Date | Value |
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2022 : LOFTIN EQUIPMENT COMPANY 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 | $8,948 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $1,071,980 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,017,702 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $23,869 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,503,362 |
Value of total assets at end of year | 2022-12-31 | $9,583,705 |
Value of total assets at beginning of year | 2022-12-31 | $10,646,737 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $30,409 |
Total interest from all sources | 2022-12-31 | $35,666 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $61,951 |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $61,951 |
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 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $922,706 |
Participant contributions at end of year | 2022-12-31 | $409,972 |
Participant contributions at beginning of year | 2022-12-31 | $336,387 |
Participant contributions at end of year | 2022-12-31 | $0 |
Participant contributions at beginning of year | 2022-12-31 | $472 |
Other income not declared elsewhere | 2022-12-31 | $-1,145 |
Administrative expenses (other) incurred | 2022-12-31 | $30,409 |
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 | $-1,063,032 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $9,583,705 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $10,646,737 |
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 | $359,732 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $8,318,624 |
Interest on participant loans | 2022-12-31 | $18,395 |
Interest earned on other investments | 2022-12-31 | $17,271 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $8,814,001 |
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 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $85 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $85 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $1,990,911 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,952,197 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $361,311 |
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 | Yes |
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 | $580,656 |
Employer contributions (assets) at end of year | 2022-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $258 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,017,702 |
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 | BAKER TILLY LP |
Accountancy firm EIN | 2022-12-31 | 390859910 |
2021 : LOFTIN EQUIPMENT COMPANY 401(K) 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 | $3,000,470 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $460,659 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $377,010 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $59,527 |
Value of total corrective distributions | 2021-12-31 | $3,647 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,956,054 |
Value of total assets at end of year | 2021-12-31 | $10,646,737 |
Value of total assets at beginning of year | 2021-12-31 | $8,106,926 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $20,475 |
Total interest from all sources | 2021-12-31 | $14,808 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $157,105 |
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 | $157,105 |
Administrative expenses professional fees incurred | 2021-12-31 | $20,475 |
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 | $787,131 |
Participant contributions at end of year | 2021-12-31 | $336,387 |
Participant contributions at beginning of year | 2021-12-31 | $261,811 |
Participant contributions at end of year | 2021-12-31 | $472 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $617,011 |
Other income not declared elsewhere | 2021-12-31 | $22,604 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $21,421 |
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 | $2,539,811 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $10,646,737 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $8,106,926 |
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 registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $8,318,624 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $6,019,346 |
Interest on participant loans | 2021-12-31 | $14,808 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $85 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $85 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $85 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $1,990,911 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $1,804,263 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $849,899 |
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 | Yes |
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 | $551,912 |
Employer contributions (assets) at end of year | 2021-12-31 | $258 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $377,010 |
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 | HENRY & HORNE, LLP |
Accountancy firm EIN | 2021-12-31 | 860133881 |
2020 : LOFTIN EQUIPMENT COMPANY 401(K) 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 | $2,105,378 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $847,516 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $770,459 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $58,091 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,235,184 |
Value of total assets at end of year | 2020-12-31 | $8,106,926 |
Value of total assets at beginning of year | 2020-12-31 | $6,849,064 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $18,966 |
Total interest from all sources | 2020-12-31 | $20,123 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $148,336 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $148,336 |
Administrative expenses professional fees incurred | 2020-12-31 | $18,966 |
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 | $648,190 |
Participant contributions at end of year | 2020-12-31 | $261,811 |
Participant contributions at beginning of year | 2020-12-31 | $369,284 |
Participant contributions at beginning of year | 2020-12-31 | $20,316 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $166,576 |
Other income not declared elsewhere | 2020-12-31 | $17,177 |
Total non interest bearing cash at end of year | 2020-12-31 | $21,421 |
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 | $1,257,862 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $8,106,926 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $6,849,064 |
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 | $6,019,346 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $5,270,700 |
Interest on participant loans | 2020-12-31 | $20,123 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $85 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $1 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $1 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $1,804,263 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $1,174,419 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $684,558 |
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 | $420,418 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $14,344 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $770,459 |
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 | HENRY & HORNE, LLP |
Accountancy firm EIN | 2020-12-31 | 860133881 |
2019 : LOFTIN EQUIPMENT COMPANY 401(K) 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 | $2,371,554 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $331,985 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $291,110 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $11,209 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,341,939 |
Value of total assets at end of year | 2019-12-31 | $6,849,064 |
Value of total assets at beginning of year | 2019-12-31 | $4,809,495 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $29,666 |
Total interest from all sources | 2019-12-31 | $20,312 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $78,100 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $78,100 |
Administrative expenses professional fees incurred | 2019-12-31 | $29,666 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $500,000 |
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 | $645,424 |
Participant contributions at end of year | 2019-12-31 | $369,284 |
Participant contributions at beginning of year | 2019-12-31 | $273,021 |
Participant contributions at end of year | 2019-12-31 | $20,316 |
Participant contributions at beginning of year | 2019-12-31 | $17,812 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $278,176 |
Other income not declared elsewhere | 2019-12-31 | $18,907 |
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 | $2,039,569 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $6,849,064 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $4,809,495 |
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 registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $5,270,700 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $3,702,665 |
Interest on participant loans | 2019-12-31 | $20,312 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $1 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $1 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $1 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $1,174,419 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $803,936 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $912,296 |
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 | $418,339 |
Employer contributions (assets) at end of year | 2019-12-31 | $14,344 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $12,060 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $291,110 |
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 | HENRY & HORNE, LLP |
Accountancy firm EIN | 2019-12-31 | 860133881 |
2018 : LOFTIN EQUIPMENT COMPANY 401(K) PLAN 2018 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $641,385 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $284,672 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $255,835 |
Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $21,469 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $878,079 |
Value of total assets at end of year | 2018-12-31 | $4,809,495 |
Value of total assets at beginning of year | 2018-12-31 | $4,452,782 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $7,368 |
Total interest from all sources | 2018-12-31 | $13,270 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $65,860 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $65,860 |
Administrative expenses professional fees incurred | 2018-12-31 | $7,368 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $518,401 |
Participant contributions at end of year | 2018-12-31 | $273,021 |
Participant contributions at beginning of year | 2018-12-31 | $261,834 |
Participant contributions at end of year | 2018-12-31 | $17,812 |
Participant contributions at beginning of year | 2018-12-31 | $15,291 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $36,895 |
Other income not declared elsewhere | 2018-12-31 | $10,910 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $356,713 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $4,809,495 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $4,452,782 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $3,702,665 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $3,827,593 |
Interest on participant loans | 2018-12-31 | $13,270 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $1 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $34 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $34 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $803,936 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $338,138 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-326,734 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $322,783 |
Employer contributions (assets) at end of year | 2018-12-31 | $12,060 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $9,892 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $255,835 |
Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | HENRY & HORNE, LLP |
Accountancy firm EIN | 2018-12-31 | 860133881 |
2017 : LOFTIN EQUIPMENT COMPANY 401(K) PLAN 2017 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total transfer of assets to this plan | 2017-12-31 | $3,626,070 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $1,289,863 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $463,151 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $441,130 |
Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $15,187 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $850,127 |
Value of total assets at end of year | 2017-12-31 | $4,452,782 |
Value of total assets at beginning of year | 2017-12-31 | $0 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $6,834 |
Total interest from all sources | 2017-12-31 | $6,972 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $53,881 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $53,881 |
Administrative expenses professional fees incurred | 2017-12-31 | $6,834 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $423,645 |
Participant contributions at end of year | 2017-12-31 | $261,834 |
Participant contributions at end of year | 2017-12-31 | $15,291 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $166,071 |
Other income not declared elsewhere | 2017-12-31 | $4,912 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $826,712 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $4,452,782 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $0 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $3,827,593 |
Interest on participant loans | 2017-12-31 | $6,972 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $34 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $338,138 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $373,971 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $260,411 |
Employer contributions (assets) at end of year | 2017-12-31 | $9,892 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $441,130 |
Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | HENRY & HORNE, LLP |
Accountancy firm EIN | 2017-12-31 | 860133881 |