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PALRAM 401(K) PLAN 401k Plan overview

Plan NamePALRAM 401(K) PLAN
Plan identification number 001

PALRAM 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PALRAM AMERICAS INC has sponsored the creation of one or more 401k plans.

Company Name:PALRAM AMERICAS INC
Employer identification number (EIN):870513572
NAIC Classification:454390
NAIC Description:Other Direct Selling Establishments

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PALRAM 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01MITCHELL STULL
0012016-01-01MITCHELL STULL2017-10-11
0012015-01-01MITCHELL STULL2016-08-24
0012014-01-01MITCHELL STULL2015-10-14
0012013-01-01MITCHELL STULL2014-10-08
0012012-01-01MITCHELL STULL2013-10-03
0012011-01-01MITCHELL STULL2012-09-10
0012010-01-01MITCHELL STULL2011-09-05
0012009-01-01MITCHELL STULL

Plan Statistics for PALRAM 401(K) PLAN

401k plan membership statisitcs for PALRAM 401(K) PLAN

Measure Date Value
2022: PALRAM 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01320
Total number of active participants reported on line 7a of the Form 55002022-01-01215
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0187
Total of all active and inactive participants2022-01-01302
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01302
Number of participants with account balances2022-01-01259
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0169
2021: PALRAM 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01307
Total number of active participants reported on line 7a of the Form 55002021-01-01260
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0160
Total of all active and inactive participants2021-01-01320
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01320
Number of participants with account balances2021-01-01260
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0133
2020: PALRAM 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01327
Total number of active participants reported on line 7a of the Form 55002020-01-01248
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0156
Total of all active and inactive participants2020-01-01304
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01304
Number of participants with account balances2020-01-01248
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0124
2019: PALRAM 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01299
Total number of active participants reported on line 7a of the Form 55002019-01-01250
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0170
Total of all active and inactive participants2019-01-01320
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01320
Number of participants with account balances2019-01-01233
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0119
2018: PALRAM 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01133
Total number of active participants reported on line 7a of the Form 55002018-01-0196
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0131
Total of all active and inactive participants2018-01-01127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01127
Number of participants with account balances2018-01-0192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: PALRAM 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01129
Total number of active participants reported on line 7a of the Form 55002017-01-01105
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0128
Total of all active and inactive participants2017-01-01133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01133
Number of participants with account balances2017-01-0199
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-016
2009: PALRAM 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01217
Total number of active participants reported on line 7a of the Form 55002009-01-0169
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0114
Total of all active and inactive participants2009-01-0183
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0183
Number of participants with account balances2009-01-0155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-013

Financial Data on PALRAM 401(K) PLAN

Measure Date Value
2022 : PALRAM 401(K) PLAN 2022 401k financial data
Unrealized appreciation/depreciation of real estate assets2022-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$0
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$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
Expenses. Interest paid2022-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022022-12-31$0
Total income from all sources (including contributions)2022-12-31$-188,295
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$1,083,358
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,030,624
Expenses. Certain deemed distributions of participant loans2022-12-31$1,842
Value of total corrective distributions2022-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$969,909
Value of total assets at end of year2022-12-31$6,519,930
Value of total assets at beginning of year2022-12-31$7,791,583
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$50,892
Total income from rents2022-12-31$0
Total interest from all sources2022-12-31$5,125
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$176,998
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$176,998
Assets. Real estate other than employer real property at end of year2022-12-31$0
Assets. Real estate other than employer real property at beginning of year2022-12-31$0
Administrative expenses professional fees incurred2022-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2022-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2022-12-31$0
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$764,679
Participant contributions at end of year2022-12-31$221,909
Participant contributions at beginning of year2022-12-31$168,872
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$0
Assets. Other investments not covered elsewhere at end of year2022-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$194,926
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2022-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$0
Assets. Loans (other than to participants) at end of year2022-12-31$0
Assets. Loans (other than to participants) at beginning of year2022-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$0
Administrative expenses (other) incurred2022-12-31$0
Total non interest bearing cash at end of year2022-12-31$0
Total non interest bearing cash at beginning of year2022-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Income. Non cash contributions2022-12-31$0
Value of net income/loss2022-12-31$-1,271,653
Value of net assets at end of year (total assets less liabilities)2022-12-31$6,519,930
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$7,791,583
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Assets. partnership/joint venture interests at end of year2022-12-31$0
Assets. partnership/joint venture interests at beginning of year2022-12-31$0
Investment advisory and management fees2022-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$6,270,885
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$7,487,329
Interest on participant loans2022-12-31$5,076
Income. Interest from loans (other than to participants)2022-12-31$0
Interest earned on other investments2022-12-31$49
Income. Interest from US Government securities2022-12-31$0
Income. Interest from corporate debt instruments2022-12-31$0
Value of interest in master investment trust accounts at end of year2022-12-31$0
Value of interest in master investment trust accounts at beginning of year2022-12-31$0
Value of interest in common/collective trusts at end of year2022-12-31$0
Value of interest in common/collective trusts at beginning of year2022-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$28,821
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$28,821
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$0
Assets. Value of investments in 103.12 investment entities at end of year2022-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2022-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$27,136
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2022-12-31$0
Asset value of US Government securities at end of year2022-12-31$0
Asset value of US Government securities at beginning of year2022-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-1,340,327
Net investment gain/loss from pooled separate accounts2022-12-31$0
Net investment gain or loss from common/collective trusts2022-12-31$0
Net gain/loss from 103.12 investment entities2022-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$0
Assets. Invements in employer securities at beginning of year2022-12-31$0
Assets. Value of employer real property at end of year2022-12-31$0
Assets. Value of employer real property at beginning of year2022-12-31$0
Contributions received in cash from employer2022-12-31$10,304
Employer contributions (assets) at end of year2022-12-31$0
Employer contributions (assets) at beginning of year2022-12-31$106,561
Income. Dividends from preferred stock2022-12-31$0
Income. Dividends from common stock2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,030,624
Asset. Corporate debt instrument preferred debt at end of year2022-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2022-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2022-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2022-12-31$0
Contract administrator fees2022-12-31$50,892
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31Yes
Assets. Corporate common stocks other than exployer securities at end of year2022-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2022-12-31$0
Liabilities. Value of benefit claims payable at end of year2022-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2022-12-31$0
Assets. Value of buildings and other operty used in plan operation at end of year2022-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2022-12-31$0
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Aggregate proceeds on sale of assets2022-12-31$0
Aggregate carrying amount (costs) on sale of assets2022-12-31$0
Liabilities. Value of acquisition indebtedness at end of year2022-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2022-12-31$0
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31BUCKNO, LISICKY & COMPANY
Accountancy firm EIN2022-12-31522230523
2021 : PALRAM 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$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$1,961,647
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$539,405
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$487,847
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,264,708
Value of total assets at end of year2021-12-31$7,791,583
Value of total assets at beginning of year2021-12-31$6,369,341
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$51,558
Total interest from all sources2021-12-31$7,535
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$129,609
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$129,609
Administrative expenses professional fees incurred2021-12-31$36,116
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$737,860
Participant contributions at end of year2021-12-31$168,872
Participant contributions at beginning of year2021-12-31$147,113
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$275,547
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$1,422,242
Value of net assets at end of year (total assets less liabilities)2021-12-31$7,791,583
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$6,369,341
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$15,442
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$7,487,329
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$6,077,729
Interest on participant loans2021-12-31$7,535
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$28,821
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$25,007
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$25,007
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$559,795
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$251,301
Employer contributions (assets) at end of year2021-12-31$106,561
Employer contributions (assets) at beginning of year2021-12-31$119,492
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$487,847
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31BUCKNO LISICKY & COMPANY
Accountancy firm EIN2021-12-31232426656
2020 : PALRAM 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$5,510
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$1,497,062
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$336,470
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$268,079
Expenses. Certain deemed distributions of participant loans2020-12-31$7,985
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$840,098
Value of total assets at end of year2020-12-31$6,369,341
Value of total assets at beginning of year2020-12-31$5,203,239
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$60,406
Total interest from all sources2020-12-31$6,493
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$14,844
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$14,844
Administrative expenses professional fees incurred2020-12-31$31,134
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$609,819
Participant contributions at end of year2020-12-31$147,113
Participant contributions at beginning of year2020-12-31$105,375
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$15,184
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,160,592
Value of net assets at end of year (total assets less liabilities)2020-12-31$6,369,341
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$5,203,239
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$29,272
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$6,077,729
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$5,019,166
Interest on participant loans2020-12-31$6,493
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$25,007
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$1,147
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$1,147
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$635,627
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$215,095
Employer contributions (assets) at end of year2020-12-31$119,492
Employer contributions (assets) at beginning of year2020-12-31$77,551
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$268,079
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31BUCKNO LISICKY & COMPANY
Accountancy firm EIN2020-12-31232426656
2019 : PALRAM 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$1,861,741
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)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 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$1,350,127
Total income from all sources (including contributions)2019-12-31$1,350,127
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$247,803
Total of all expenses incurred2019-12-31$247,803
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$170,487
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$170,487
Expenses. Certain deemed distributions of participant loans2019-12-31$11,516
Expenses. Certain deemed distributions of participant loans2019-12-31$11,516
Value of total corrective distributions2019-12-31$9,973
Value of total corrective distributions2019-12-31$9,973
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$627,773
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$627,773
Value of total assets at end of year2019-12-31$5,203,239
Value of total assets at end of year2019-12-31$5,203,239
Value of total assets at beginning of year2019-12-31$2,239,174
Value of total assets at beginning of year2019-12-31$2,239,174
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$55,827
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$55,827
Total interest from all sources2019-12-31$5,932
Total interest from all sources2019-12-31$5,932
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$18,608
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$18,608
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$18,608
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$18,608
Administrative expenses professional fees incurred2019-12-31$30,720
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$400,000
Value of fidelity bond cover2019-12-31$400,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$431,526
Contributions received from participants2019-12-31$431,526
Participant contributions at end of year2019-12-31$105,375
Participant contributions at end of year2019-12-31$105,375
Participant contributions at beginning of year2019-12-31$32,881
Participant contributions at beginning of year2019-12-31$32,881
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$26,459
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$26,459
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$1,102,324
Value of net income/loss2019-12-31$1,102,324
Value of net assets at end of year (total assets less liabilities)2019-12-31$5,203,239
Value of net assets at end of year (total assets less liabilities)2019-12-31$5,203,239
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$2,239,174
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$2,239,174
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$25,107
Investment advisory and management fees2019-12-31$25,107
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$5,019,166
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$2,169,234
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$2,169,234
Interest on participant loans2019-12-31$5,932
Interest on participant loans2019-12-31$5,932
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$1,147
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$1,147
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$627
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$627
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$627
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$627
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$697,814
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$697,814
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$169,788
Contributions received in cash from employer2019-12-31$169,788
Employer contributions (assets) at end of year2019-12-31$77,551
Employer contributions (assets) at end of year2019-12-31$77,551
Employer contributions (assets) at beginning of year2019-12-31$36,432
Employer contributions (assets) at beginning of year2019-12-31$36,432
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$170,487
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$170,487
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31BUCKNO LISICKY & COMPANY
Accountancy firm name2019-12-31BUCKNO LISICKY & COMPANY
Accountancy firm EIN2019-12-31232426656
Accountancy firm EIN2019-12-31232426656
2018 : PALRAM 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets from this plan2018-12-31$13,016
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$220,152
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$530,509
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$488,523
Expenses. Certain deemed distributions of participant loans2018-12-31$5,661
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$338,629
Value of total assets at end of year2018-12-31$2,239,174
Value of total assets at beginning of year2018-12-31$2,562,547
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$36,325
Total interest from all sources2018-12-31$1,441
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$12,063
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$12,063
Administrative expenses professional fees incurred2018-12-31$20,519
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$300,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$226,145
Participant contributions at end of year2018-12-31$32,881
Participant contributions at beginning of year2018-12-31$34,808
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$31,743
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-310,357
Value of net assets at end of year (total assets less liabilities)2018-12-31$2,239,174
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$2,562,547
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$15,806
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$2,169,234
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$2,496,367
Interest on participant loans2018-12-31$1,441
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$627
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$3,119
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$3,119
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-131,981
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$80,741
Employer contributions (assets) at end of year2018-12-31$36,432
Employer contributions (assets) at beginning of year2018-12-31$28,253
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$488,523
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31BUCKNO LISICKY & COMPANY
Accountancy firm EIN2018-12-31232426656
2017 : PALRAM 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
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$592,713
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$127,717
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$95,763
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$273,493
Value of total assets at end of year2017-12-31$2,562,547
Value of total assets at beginning of year2017-12-31$2,097,551
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$31,954
Total interest from all sources2017-12-31$1,977
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$13,379
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$13,379
Administrative expenses professional fees incurred2017-12-31$17,673
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$210,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$206,969
Participant contributions at end of year2017-12-31$34,808
Participant contributions at beginning of year2017-12-31$41,748
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$464,996
Value of net assets at end of year (total assets less liabilities)2017-12-31$2,562,547
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$2,097,551
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$14,281
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$2,496,367
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$2,011,842
Interest on participant loans2017-12-31$1,977
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$3,119
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$7,665
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$7,665
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$303,864
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$66,524
Employer contributions (assets) at end of year2017-12-31$28,253
Employer contributions (assets) at beginning of year2017-12-31$36,296
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$95,763
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31No
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31BUCKNO LISICKY & COMPANY
Accountancy firm EIN2017-12-31232426656
2009 : PALRAM 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for PALRAM 401(K) PLAN

2022: PALRAM 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: PALRAM 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: PALRAM 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: PALRAM 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: PALRAM 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: PALRAM 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2009: PALRAM 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number516730-01
Policy instance 1
Insurance contract or identification number516730-01
Number of Individuals Covered234
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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