MED-SMART, INC. has sponsored the creation of one or more 401k plans.
Additional information about MED-SMART, INC.
Submission information for form 5500 for 401k plan MED-SMART, INC. 401(K) PLAN
401k plan membership statisitcs for MED-SMART, INC. 401(K) PLAN
Measure | Date | Value |
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2022 : MED-SMART, INC. 401(K) PLAN 2022 401k financial data |
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Total income from all sources (including contributions) | 2022-12-31 | $137,105 |
Total of all expenses incurred | 2022-12-31 | $1,191,601 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,118,209 |
Value of total corrective distributions | 2022-12-31 | $15,009 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,765,354 |
Value of total assets at end of year | 2022-12-31 | $8,488,166 |
Value of total assets at beginning of year | 2022-12-31 | $9,542,662 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $58,383 |
Total interest from all sources | 2022-12-31 | $10,614 |
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 | $500,000 |
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 | $1,324,328 |
Participant contributions at end of year | 2022-12-31 | $215,815 |
Participant contributions at beginning of year | 2022-12-31 | $190,003 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $348,026 |
Other income not declared elsewhere | 2022-12-31 | $20 |
Total non interest bearing cash at end of year | 2022-12-31 | $6,863 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $4,255 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-1,054,496 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $8,488,166 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $9,542,662 |
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 |
Investment advisory and management fees | 2022-12-31 | $55,533 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $8,172,488 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $9,348,404 |
Interest on participant loans | 2022-12-31 | $10,614 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-1,638,883 |
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 | $93,000 |
Employer contributions (assets) at end of year | 2022-12-31 | $93,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,118,209 |
Contract administrator fees | 2022-12-31 | $2,850 |
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 | VELEZ & HARDY, CPAS |
Accountancy firm EIN | 2022-12-31 | 884079401 |
2021 : MED-SMART, INC. 401(K) PLAN 2021 401k financial data |
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Total income from all sources (including contributions) | 2021-12-31 | $2,496,568 |
Total of all expenses incurred | 2021-12-31 | $1,551,458 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,426,374 |
Value of total corrective distributions | 2021-12-31 | $43,467 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,080,798 |
Value of total assets at end of year | 2021-12-31 | $9,542,662 |
Value of total assets at beginning of year | 2021-12-31 | $8,597,552 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $81,617 |
Total interest from all sources | 2021-12-31 | $9,315 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $1,065,790 |
Participant contributions at end of year | 2021-12-31 | $190,003 |
Participant contributions at beginning of year | 2021-12-31 | $188,990 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $15,008 |
Other income not declared elsewhere | 2021-12-31 | $-28 |
Total non interest bearing cash at end of year | 2021-12-31 | $4,255 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $1,626 |
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 | $945,110 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $9,542,662 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $8,597,552 |
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 |
Investment advisory and management fees | 2021-12-31 | $79,717 |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $9,348,404 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $8,306,936 |
Interest on participant loans | 2021-12-31 | $9,315 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $1,406,483 |
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 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $100,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,426,374 |
Contract administrator fees | 2021-12-31 | $1,900 |
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 | ELLSWORTH & STOUT LLC |
Accountancy firm EIN | 2021-12-31 | 261629859 |
2020 : MED-SMART, INC. 401(K) PLAN 2020 401k financial data |
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Total income from all sources (including contributions) | 2020-12-31 | $2,473,891 |
Total of all expenses incurred | 2020-12-31 | $375,606 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $294,937 |
Value of total corrective distributions | 2020-12-31 | $20,040 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,119,237 |
Value of total assets at end of year | 2020-12-31 | $8,597,552 |
Value of total assets at beginning of year | 2020-12-31 | $6,499,267 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $60,629 |
Total interest from all sources | 2020-12-31 | $9,789 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $1,011,126 |
Participant contributions at end of year | 2020-12-31 | $188,990 |
Participant contributions at beginning of year | 2020-12-31 | $153,344 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $8,111 |
Other income not declared elsewhere | 2020-12-31 | $28 |
Total non interest bearing cash at end of year | 2020-12-31 | $1,626 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $628 |
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 | $2,098,285 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $8,597,552 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $6,499,267 |
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 |
Investment advisory and management fees | 2020-12-31 | $58,379 |
Value of interest in pooled separate accounts at end of year | 2020-12-31 | $8,306,936 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $6,245,295 |
Interest on participant loans | 2020-12-31 | $9,789 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $1,344,837 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $100,000 |
Employer contributions (assets) at end of year | 2020-12-31 | $100,000 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $100,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $294,937 |
Contract administrator fees | 2020-12-31 | $2,250 |
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 | Qualified |
Accountancy firm name | 2020-12-31 | ELLSWORTH & STOUT LLC |
Accountancy firm EIN | 2020-12-31 | 261629859 |
2019 : MED-SMART, INC. 401(K) PLAN 2019 401k financial data |
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Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $2,164,452 |
Total of all expenses incurred | 2019-12-31 | $389,369 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $354,541 |
Value of total corrective distributions | 2019-12-31 | $330 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,076,354 |
Value of total assets at end of year | 2019-12-31 | $6,499,267 |
Value of total assets at beginning of year | 2019-12-31 | $4,724,184 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $34,498 |
Total interest from all sources | 2019-12-31 | $6,643 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $976,354 |
Participant contributions at end of year | 2019-12-31 | $153,344 |
Participant contributions at beginning of year | 2019-12-31 | $71,169 |
Total non interest bearing cash at end of year | 2019-12-31 | $628 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $1,775,083 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $6,499,267 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $4,724,184 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $32,798 |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $6,245,295 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $4,553,015 |
Interest on participant loans | 2019-12-31 | $5,954 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $689 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $1,081,455 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $100,000 |
Employer contributions (assets) at end of year | 2019-12-31 | $100,000 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $100,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $354,541 |
Contract administrator fees | 2019-12-31 | $1,700 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | ELLSWORTH & STOUT LLC |
Accountancy firm EIN | 2019-12-31 | 261629859 |
2018 : MED-SMART, INC. 401(K) PLAN 2018 401k financial data |
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Total liabilities at end 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 | $629,084 |
Total of all expenses incurred | 2018-12-31 | $572,515 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $570,450 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $949,300 |
Value of total assets at end of year | 2018-12-31 | $4,724,184 |
Value of total assets at beginning of year | 2018-12-31 | $4,667,615 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $2,065 |
Total interest from all sources | 2018-12-31 | $5,888 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $100,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $823,048 |
Participant contributions at end of year | 2018-12-31 | $71,169 |
Participant contributions at beginning of year | 2018-12-31 | $95,306 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $26,252 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $56,569 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $4,724,184 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $4,667,615 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Investment advisory and management fees | 2018-12-31 | $715 |
Value of interest in pooled separate accounts at end of year | 2018-12-31 | $4,553,015 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $4,572,309 |
Interest on participant loans | 2018-12-31 | $4,028 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $1,860 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-326,104 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $100,000 |
Employer contributions (assets) at end of year | 2018-12-31 | $100,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $570,450 |
Contract administrator fees | 2018-12-31 | $1,350 |
Did the plan have assets held for investment | 2018-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | ELLSWORTH & STOUT LLC |
Accountancy firm EIN | 2018-12-31 | 261629859 |
2017 : MED-SMART, INC. 401(K) PLAN 2017 401k financial data |
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Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $1,425,225 |
Total of all expenses incurred | 2017-12-31 | $239,124 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $212,749 |
Value of total corrective distributions | 2017-12-31 | $24,155 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $832,460 |
Value of total assets at end of year | 2017-12-31 | $4,667,615 |
Value of total assets at beginning of year | 2017-12-31 | $3,481,514 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $2,220 |
Total interest from all sources | 2017-12-31 | $5,988 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $100,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $719,212 |
Participant contributions at end of year | 2017-12-31 | $95,306 |
Participant contributions at beginning of year | 2017-12-31 | $102,891 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $113,248 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $1,186,101 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $4,667,615 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $3,481,514 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Investment advisory and management fees | 2017-12-31 | $670 |
Value of interest in pooled separate accounts at end of year | 2017-12-31 | $4,572,309 |
Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $3,378,623 |
Interest on participant loans | 2017-12-31 | $4,395 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $1,593 |
Net investment gain/loss from pooled separate accounts | 2017-12-31 | $586,777 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $212,749 |
Contract administrator fees | 2017-12-31 | $1,550 |
Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $0 |
Did the plan have assets held for investment | 2017-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | ELLSWORTH & STOUT LLC |
Accountancy firm EIN | 2017-12-31 | 261629859 |
2016 : MED-SMART, INC. 401(K) PLAN 2016 401k financial data |
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Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total income from all sources (including contributions) | 2016-12-31 | $873,092 |
Total of all expenses incurred | 2016-12-31 | $454,986 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $437,227 |
Value of total corrective distributions | 2016-12-31 | $16,045 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $641,919 |
Value of total assets at end of year | 2016-12-31 | $3,481,514 |
Value of total assets at beginning of year | 2016-12-31 | $3,063,408 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $1,714 |
Total interest from all sources | 2016-12-31 | $6,160 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $306,341 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $583,976 |
Participant contributions at end of year | 2016-12-31 | $102,891 |
Participant contributions at beginning of year | 2016-12-31 | $123,902 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $57,943 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $418,106 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $3,481,514 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $3,063,408 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Investment advisory and management fees | 2016-12-31 | $414 |
Value of interest in pooled separate accounts at end of year | 2016-12-31 | $3,378,623 |
Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $2,939,506 |
Interest on participant loans | 2016-12-31 | $4,904 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $1,256 |
Net investment gain/loss from pooled separate accounts | 2016-12-31 | $225,013 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $437,227 |
Contract administrator fees | 2016-12-31 | $1,300 |
Liabilities. Value of benefit claims payable at end of year | 2016-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $0 |
Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | ELLSWORTH & STOUT LLC |
Accountancy firm EIN | 2016-12-31 | 261629859 |
2015 : MED-SMART, INC. 401(K) PLAN 2015 401k financial data |
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Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $16,045 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $6,586 |
Total income from all sources (including contributions) | 2015-12-31 | $680,456 |
Total of all expenses incurred | 2015-12-31 | $67,746 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $50,441 |
Value of total corrective distributions | 2015-12-31 | $16,045 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $719,976 |
Value of total assets at end of year | 2015-12-31 | $3,063,408 |
Value of total assets at beginning of year | 2015-12-31 | $2,441,239 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $1,260 |
Total interest from all sources | 2015-12-31 | $6,570 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $244,125 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $507,425 |
Participant contributions at end of year | 2015-12-31 | $123,902 |
Participant contributions at beginning of year | 2015-12-31 | $141,649 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $212,551 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $612,710 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $3,047,363 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $2,434,653 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Investment advisory and management fees | 2015-12-31 | $310 |
Value of interest in pooled separate accounts at end of year | 2015-12-31 | $2,939,506 |
Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $2,299,590 |
Interest on participant loans | 2015-12-31 | $5,505 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $1,065 |
Net investment gain/loss from pooled separate accounts | 2015-12-31 | $-46,090 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $50,441 |
Contract administrator fees | 2015-12-31 | $950 |
Liabilities. Value of benefit claims payable at end of year | 2015-12-31 | $16,045 |
Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $6,586 |
Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | ELLSWORTH & STOUT LLC |
Accountancy firm EIN | 2015-12-31 | 261629859 |