STERLING RETAIL SERVICES INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan STERLING RETAIL SERVICES INC. 401K PROFIT SHARING PLAN & TRUST
| Measure | Date | Value |
|---|
| 2025 : STERLING RETAIL SERVICES INC. 401K PROFIT SHARING PLAN & TRUST 2025 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2025-05-05 | 571480 |
| Net assets as of the end of the plan year | 2025-05-05 | 4408738 |
| Total assets as of the beginning of the plan year | 2025-05-05 | 3107500 |
| Value of plan covered by a fidelity bond | 2025-05-05 | 2000000 |
| Participant contributions to plan in this plan year | 2025-05-05 | 755571 |
| Value of participant loans at end of plan year | 2025-05-05 | 14000 |
| Other contributions to plan in this plan year | 2025-05-05 | 598021 |
| Other income to plan in this plan year | 2025-05-05 | 519126 |
| Plan net income in this plan year | 2025-05-05 | 1301238 |
| Net assets as of the end of the plan year | 2025-05-05 | 4408738 |
| Net assets as of the beginning of the plan year | 2025-05-05 | 3107500 |
| 2024 : STERLING RETAIL SERVICES INC. 401K PROFIT SHARING PLAN & TRUST 2024 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2024-05-30 | 1103068 |
| Net assets as of the end of the plan year | 2024-05-30 | 3107500 |
| Total assets as of the beginning of the plan year | 2024-05-30 | 3051642 |
| Value of plan covered by a fidelity bond | 2024-05-30 | 306000 |
| Participant contributions to plan in this plan year | 2024-05-30 | 516546 |
| Value of participant loans at end of plan year | 2024-05-30 | 19936 |
| Other contributions to plan in this plan year | 2024-05-30 | 117136 |
| Other income to plan in this plan year | 2024-05-30 | 525244 |
| Plan net income in this plan year | 2024-05-30 | 55858 |
| Net assets as of the end of the plan year | 2024-05-30 | 3107500 |
| Net assets as of the beginning of the plan year | 2024-05-30 | 3051642 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-05-30 | 8185 |
| 2022 : STERLING RETAIL SERVICES INC. 401K PROFIT SHARING PLAN & TRUST 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total transfer of assets to this plan | 2022-12-31 | $0 |
| Total transfer of assets from this plan | 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 | $-76,454 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $385,852 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $383,454 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $501,638 |
| Value of total assets at end of year | 2022-12-31 | $3,051,642 |
| Value of total assets at beginning of year | 2022-12-31 | $3,513,948 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $2,398 |
| Total interest from all sources | 2022-12-31 | $1,565 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $139,516 |
| 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 | $139,516 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $352,000 |
| 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 | $501,638 |
| Participant contributions at end of year | 2022-12-31 | $27,175 |
| Participant contributions at beginning of year | 2022-12-31 | $37,564 |
| Administrative expenses (other) incurred | 2022-12-31 | $2,398 |
| 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 | $-462,306 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $3,051,642 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $3,513,948 |
| 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 | $2,798,502 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $3,294,213 |
| Interest on participant loans | 2022-12-31 | $1,565 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $225,965 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $182,171 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-721,478 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $2,305 |
| 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 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $383,454 |
| 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 | NOVOGRADAC & COMPANY LLP |
| Accountancy firm EIN | 2022-12-31 | 943108253 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total transfer of assets to this plan | 2022-01-01 | $0 |
| Total transfer of assets from this plan | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-76,454 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $385,852 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $383,454 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $501,638 |
| Value of total assets at end of year | 2022-01-01 | $3,051,642 |
| Value of total assets at beginning of year | 2022-01-01 | $3,513,948 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $2,398 |
| Total interest from all sources | 2022-01-01 | $1,565 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $139,516 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $139,516 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $352,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $501,638 |
| Participant contributions at end of year | 2022-01-01 | $27,175 |
| Participant contributions at beginning of year | 2022-01-01 | $37,564 |
| Administrative expenses (other) incurred | 2022-01-01 | $2,398 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-462,306 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $3,051,642 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $3,513,948 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $2,798,502 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $3,294,213 |
| Interest on participant loans | 2022-01-01 | $1,565 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $225,965 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $182,171 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-721,478 |
| Net investment gain or loss from common/collective trusts | 2022-01-01 | $2,305 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $383,454 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | NOVOGRADAC & COMPANY LLP |
| Accountancy firm EIN | 2022-01-01 | 943108253 |
| 2021 : STERLING RETAIL SERVICES INC. 401K PROFIT SHARING PLAN & TRUST 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total transfer of assets to this plan | 2021-12-31 | $0 |
| Total transfer of assets from this plan | 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 | $1,021,818 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $175,592 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $173,862 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $519,432 |
| Value of total assets at end of year | 2021-12-31 | $3,513,948 |
| Value of total assets at beginning of year | 2021-12-31 | $2,667,722 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $1,730 |
| Total interest from all sources | 2021-12-31 | $1,422 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $234,143 |
| 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 | $234,143 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $267,000 |
| 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 | $419,590 |
| Participant contributions at end of year | 2021-12-31 | $37,564 |
| Participant contributions at beginning of year | 2021-12-31 | $21,157 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $99,842 |
| Other income not declared elsewhere | 2021-12-31 | $9 |
| Administrative expenses (other) incurred | 2021-12-31 | $1,730 |
| 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 | $846,226 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $3,513,948 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $2,667,722 |
| 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 | $3,294,213 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $2,462,919 |
| Interest on participant loans | 2021-12-31 | $1,422 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $182,171 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $183,646 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $265,165 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $1,647 |
| 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 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $173,862 |
| 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 | NOVOGRADAC & COMPANY LLP |
| Accountancy firm EIN | 2021-12-31 | 943108253 |
| 2020 : STERLING RETAIL SERVICES INC. 401K PROFIT SHARING PLAN & TRUST 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total transfer of assets to this plan | 2020-12-31 | $0 |
| Total transfer of assets from this plan | 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 | $874,582 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $151,698 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $149,664 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $544 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $529,575 |
| Value of total assets at end of year | 2020-12-31 | $2,667,722 |
| Value of total assets at beginning of year | 2020-12-31 | $1,944,838 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $1,490 |
| Total interest from all sources | 2020-12-31 | $1,477 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $94,498 |
| 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 | $94,498 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $195,000 |
| 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 | $394,877 |
| Participant contributions at end of year | 2020-12-31 | $21,157 |
| Participant contributions at beginning of year | 2020-12-31 | $12,375 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $134,698 |
| Administrative expenses (other) incurred | 2020-12-31 | $1,490 |
| 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 | $722,884 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $2,667,722 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $1,944,838 |
| 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 | $2,462,919 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $1,750,044 |
| Interest on participant loans | 2020-12-31 | $1,477 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $183,646 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $182,419 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $246,028 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $3,004 |
| 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 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $149,664 |
| 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 | NOVOGRADAC & COMPANY LLP |
| Accountancy firm EIN | 2020-12-31 | 943108253 |
