AXIS RESIDENTIAL, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan AXIS RESIDENTIAL RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2023 : AXIS RESIDENTIAL RETIREMENT PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $1,002,670 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $162,568 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $162,568 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $834,755 |
| Value of total assets at end of year | 2023-12-31 | $1,480,734 |
| Value of total assets at beginning of year | 2023-12-31 | $640,632 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $0 |
| Total interest from all sources | 2023-12-31 | $706 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $0 |
| 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 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $318,440 |
| Participant contributions at end of year | 2023-12-31 | $8,234 |
| Participant contributions at beginning of year | 2023-12-31 | $3,937 |
| Participant contributions at end of year | 2023-12-31 | $-4,068 |
| Participant contributions at beginning of year | 2023-12-31 | $167 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $240,596 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $-592 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $0 |
| Total non interest bearing cash at end of year | 2023-12-31 | $651 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $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 | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $840,102 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $1,480,734 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $640,632 |
| 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 registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $1,472,659 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $634,334 |
| Interest on participant loans | 2023-12-31 | $706 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $167,209 |
| 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 | Yes |
| 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 | $275,719 |
| Employer contributions (assets) at end of year | 2023-12-31 | $3,850 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $2,194 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $162,568 |
| 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 | EIDE BAILLY, LLP |
| Accountancy firm EIN | 2023-12-31 | 450250958 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $1,002,670 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $162,568 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $162,568 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $834,755 |
| Value of total assets at end of year | 2023-01-01 | $1,480,734 |
| Value of total assets at beginning of year | 2023-01-01 | $640,632 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $0 |
| Total interest from all sources | 2023-01-01 | $706 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $0 |
| 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 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $318,440 |
| Participant contributions at end of year | 2023-01-01 | $8,234 |
| Participant contributions at beginning of year | 2023-01-01 | $3,937 |
| Participant contributions at end of year | 2023-01-01 | $-4,068 |
| Participant contributions at beginning of year | 2023-01-01 | $167 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $240,596 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $-592 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $0 |
| Total non interest bearing cash at end of year | 2023-01-01 | $651 |
| Total non interest bearing cash at beginning of year | 2023-01-01 | $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 | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $840,102 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $1,480,734 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $640,632 |
| 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 registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $1,472,659 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $634,334 |
| Interest on participant loans | 2023-01-01 | $706 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $167,209 |
| 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 | Yes |
| 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 | $275,719 |
| Employer contributions (assets) at end of year | 2023-01-01 | $3,850 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $2,194 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $162,568 |
| 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 | EIDE BAILLY, LLP |
| Accountancy firm EIN | 2023-01-01 | 450250958 |
| 2022 : AXIS RESIDENTIAL RETIREMENT PLAN 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 | $425,942 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $84,507 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $82,691 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $491,339 |
| Value of total assets at end of year | 2022-12-31 | $640,632 |
| Value of total assets at beginning of year | 2022-12-31 | $299,197 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $1,816 |
| Total interest from all sources | 2022-12-31 | $139 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
| 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 | $261,231 |
| Participant contributions at end of year | 2022-12-31 | $3,937 |
| Participant contributions at beginning of year | 2022-12-31 | $0 |
| Participant contributions at end of year | 2022-12-31 | $167 |
| Participant contributions at beginning of year | 2022-12-31 | $-358 |
| Total non interest bearing cash at end of year | 2022-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $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 | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $341,435 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $640,632 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $299,197 |
| 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 | $634,334 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $299,913 |
| Interest on participant loans | 2022-12-31 | $139 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-65,536 |
| 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 | $230,108 |
| Employer contributions (assets) at end of year | 2022-12-31 | $2,194 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $-358 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $82,691 |
| Contract administrator fees | 2022-12-31 | $1,816 |
| 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 | EIDE BAILLY, LLP |
| Accountancy firm EIN | 2022-12-31 | 450250958 |
| Total transfers to/from plan in this plan year | 2022-09-01 | 0 |
| Total expenses incurred by plan in this plan year | 2022-09-01 | 1780 |
| Net assets as of the end of the plan year | 2022-09-01 | 299197 |
| Value of plan covered by a fidelity bond | 2022-09-01 | 500000 |
| Participant contributions to plan in this plan year | 2022-09-01 | 113033 |
| Other expenses paid from plan in this plan year | 2022-09-01 | 0 |
| Other contributions to plan in this plan year | 2022-09-01 | 74678 |
| Other income to plan in this plan year | 2022-09-01 | 6099 |
| Plan net income in this plan year | 2022-09-01 | 299197 |
| Net assets as of the end of the plan year | 2022-09-01 | 299197 |
| Net assets as of the beginning of the plan year | 2022-09-01 | 0 |
| Employer contributions to plan in this plan year | 2022-09-01 | 107167 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-09-01 | 102 |
| 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 | $425,942 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $84,507 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $82,691 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $491,339 |
| Value of total assets at end of year | 2022-01-01 | $640,632 |
| Value of total assets at beginning of year | 2022-01-01 | $299,197 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $1,816 |
| Total interest from all sources | 2022-01-01 | $139 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $1,000,000 |
| 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 | $261,231 |
| Participant contributions at end of year | 2022-01-01 | $3,937 |
| Participant contributions at beginning of year | 2022-01-01 | $0 |
| Participant contributions at end of year | 2022-01-01 | $167 |
| Participant contributions at beginning of year | 2022-01-01 | $-358 |
| Total non interest bearing cash at end of year | 2022-01-01 | $0 |
| Total non interest bearing cash at beginning of year | 2022-01-01 | $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 | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $341,435 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $640,632 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $299,197 |
| 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 | $634,334 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $299,913 |
| Interest on participant loans | 2022-01-01 | $139 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-65,536 |
| 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 |
| Contributions received in cash from employer | 2022-01-01 | $230,108 |
| Employer contributions (assets) at end of year | 2022-01-01 | $2,194 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $-358 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $82,691 |
| Contract administrator fees | 2022-01-01 | $1,816 |
| 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 | EIDE BAILLY, LLP |
| Accountancy firm EIN | 2022-01-01 | 450250958 |
