FARESTART has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan FARESTART 401(K) PLAN AND TRUST
Measure | Date | Value |
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2022 : FARESTART 401(K) PLAN AND TRUST 2022 401k financial data |
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Total income from all sources (including contributions) | 2022-12-31 | $36,396 |
Total of all expenses incurred | 2022-12-31 | $392,173 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $373,778 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $722,119 |
Value of total assets at end of year | 2022-12-31 | $3,424,691 |
Value of total assets at beginning of year | 2022-12-31 | $3,780,468 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $18,395 |
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 | $499,427 |
Participant contributions at end of year | 2022-12-31 | $27,571 |
Participant contributions at beginning of year | 2022-12-31 | $15,912 |
Administrative expenses (other) incurred | 2022-12-31 | $1,800 |
Total non interest bearing cash at end of year | 2022-12-31 | $1,730 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $1,581 |
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 | $-355,777 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $3,424,691 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $3,780,468 |
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 pooled separate accounts at end of year | 2022-12-31 | $3,386,103 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $3,756,106 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-685,723 |
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 | $222,692 |
Employer contributions (assets) at end of year | 2022-12-31 | $9,287 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $6,869 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $373,778 |
Contract administrator fees | 2022-12-31 | $16,595 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | No |
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 | CLARK NUBER P.S. |
Accountancy firm EIN | 2022-12-31 | 911194016 |
2021 : FARESTART 401(K) PLAN AND TRUST 2021 401k financial data |
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Total income from all sources (including contributions) | 2021-12-31 | $1,141,833 |
Total of all expenses incurred | 2021-12-31 | $699,376 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $685,676 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $674,550 |
Value of total assets at end of year | 2021-12-31 | $3,780,468 |
Value of total assets at beginning of year | 2021-12-31 | $3,338,011 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $13,700 |
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 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $434,817 |
Participant contributions at beginning of year | 2021-12-31 | $0 |
Participant contributions at end of year | 2021-12-31 | $15,912 |
Participant contributions at beginning of year | 2021-12-31 | $10,951 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $26,288 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $0 |
Administrative expenses (other) incurred | 2021-12-31 | $1,825 |
Total non interest bearing cash at end of year | 2021-12-31 | $1,581 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $20 |
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 | $442,457 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $3,780,468 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $3,338,011 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $3,756,106 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $3,320,540 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $467,283 |
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 |
Contributions received in cash from employer | 2021-12-31 | $213,445 |
Employer contributions (assets) at end of year | 2021-12-31 | $6,869 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $6,500 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $685,676 |
Contract administrator fees | 2021-12-31 | $11,875 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | No |
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 | CLARK NUBER P.S. |
Accountancy firm EIN | 2021-12-31 | 911194016 |
2020 : FARESTART 401(K) PLAN AND TRUST 2020 401k financial data |
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Total income from all sources (including contributions) | 2020-12-31 | $1,111,133 |
Total of all expenses incurred | 2020-12-31 | $358,378 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $356,436 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $646,190 |
Value of total assets at end of year | 2020-12-31 | $3,338,011 |
Value of total assets at beginning of year | 2020-12-31 | $2,585,256 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $1,942 |
Total interest from all sources | 2020-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $0 |
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 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $410,579 |
Participant contributions at end of year | 2020-12-31 | $0 |
Participant contributions at end of year | 2020-12-31 | $10,951 |
Participant contributions at beginning of year | 2020-12-31 | $117 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
Administrative expenses (other) incurred | 2020-12-31 | $1,317 |
Total non interest bearing cash at end of year | 2020-12-31 | $20 |
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 | $752,755 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $3,338,011 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $2,585,256 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2020-12-31 | $3,320,540 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $2,585,139 |
Interest on participant loans | 2020-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $0 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $464,943 |
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 | $235,611 |
Employer contributions (assets) at end of year | 2020-12-31 | $6,500 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $356,436 |
Contract administrator fees | 2020-12-31 | $625 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | No |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | CLARK NUBER P.S. |
Accountancy firm EIN | 2020-12-31 | 911194016 |
2019 : FARESTART 401(K) PLAN AND TRUST 2019 401k financial data |
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Total income from all sources (including contributions) | 2019-12-31 | $1,228,620 |
Total of all expenses incurred | 2019-12-31 | $325,621 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $324,290 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $792,762 |
Value of total assets at end of year | 2019-12-31 | $2,585,256 |
Value of total assets at beginning of year | 2019-12-31 | $1,682,257 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $1,331 |
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 | $250,000 |
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 | $491,641 |
Participant contributions at end of year | 2019-12-31 | $117 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $47,363 |
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 | $902,999 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $2,585,256 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $1,682,257 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $2,585,139 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $1,682,257 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $435,858 |
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 | $253,758 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $324,290 |
Contract administrator fees | 2019-12-31 | $1,331 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2019-12-31 | No |
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 | BDO USA, LLP |
Accountancy firm EIN | 2019-12-31 | 135381590 |
2018 : FARESTART 401(K) PLAN AND TRUST 2018 401k financial data |
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Total income from all sources (including contributions) | 2018-12-31 | $435,111 |
Total of all expenses incurred | 2018-12-31 | $389,063 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $386,774 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $573,822 |
Value of total assets at end of year | 2018-12-31 | $1,682,257 |
Value of total assets at beginning of year | 2018-12-31 | $1,636,209 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $2,289 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Administrative expenses professional fees incurred | 2018-12-31 | $2,289 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $250,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $364,009 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $25,008 |
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 | $46,048 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $1,682,257 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $1,636,209 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $1,636,209 |
Value of interest in pooled separate accounts at end of year | 2018-12-31 | $1,682,257 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-138,711 |
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 | $184,805 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $386,774 |
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 | PETERSON SULLIVAN LLP |
Accountancy firm EIN | 2018-12-31 | 910605875 |