ASSETS, INC. has sponsored the creation of one or more 401k plans.
Additional information about ASSETS, INC.
Submission information for form 5500 for 401k plan ASSETS, INC. HEALTH & WELFWARE PLAN
401k plan membership statisitcs for ASSETS, INC. HEALTH & WELFWARE PLAN
| Measure | Date | Value |
|---|
| 2019 : ASSETS, INC. HEALTH & WELFWARE PLAN 2019 401k financial data |
|---|
| Total transfer of assets from this plan | 2019-05-30 | $513,981 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-05-30 | $47,468 |
| Total of all expenses incurred | 2019-05-30 | $633 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-05-30 | $628 |
| Value of total assets at beginning of year | 2019-05-30 | $562,082 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-05-30 | $5 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-05-30 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2019-05-30 | $0 |
| Was this plan covered by a fidelity bond | 2019-05-30 | Yes |
| Value of fidelity bond cover | 2019-05-30 | $100,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-05-30 | No |
| Administrative expenses (other) incurred | 2019-05-30 | $5 |
| Liabilities. Value of operating payables at beginning of year | 2019-05-30 | $47,468 |
| Total non interest bearing cash at beginning of year | 2019-05-30 | $510,327 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-05-30 | No |
| Value of net income/loss | 2019-05-30 | $-633 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-05-30 | $514,614 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-05-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-05-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-05-30 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-05-30 | $628 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-05-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-05-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-05-30 | No |
| Employer contributions (assets) at beginning of year | 2019-05-30 | $51,755 |
| Did the plan have assets held for investment | 2019-05-30 | No |
| 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 | 2019-05-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-05-30 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-05-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-05-30 | Unqualified |
| Accountancy firm name | 2019-05-30 | KING, SHORES & PRESTON CPAS |
| Accountancy firm EIN | 2019-05-30 | 541643141 |
| 2018 : ASSETS, INC. HEALTH & WELFWARE PLAN 2018 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $47,468 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $64,416 |
| Total income from all sources (including contributions) | 2018-12-31 | $622,990 |
| Total of all expenses incurred | 2018-12-31 | $522,177 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $413,498 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $622,990 |
| Value of total assets at end of year | 2018-12-31 | $562,082 |
| Value of total assets at beginning of year | 2018-12-31 | $478,217 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $108,679 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2018-12-31 | $0 |
| Administrative expenses professional fees incurred | 2018-12-31 | $25,549 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $100,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Administrative expenses (other) incurred | 2018-12-31 | $83,130 |
| Liabilities. Value of operating payables at end of year | 2018-12-31 | $47,468 |
| Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $47,545 |
| Total non interest bearing cash at end of year | 2018-12-31 | $510,327 |
| Total non interest bearing cash at beginning of year | 2018-12-31 | $426,368 |
| 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 | $100,813 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $514,614 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $413,801 |
| 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 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $373,971 |
| 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 | $622,990 |
| Employer contributions (assets) at end of year | 2018-12-31 | $51,755 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $51,849 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $39,527 |
| Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $16,871 |
| Did the plan have assets held for investment | 2018-12-31 | No |
| 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 | No |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Unqualified |
| Accountancy firm name | 2018-12-31 | KING, SHORES & PRESTON CPAS |
| Accountancy firm EIN | 2018-12-31 | 541643141 |
| 2017 : ASSETS, INC. HEALTH & WELFWARE PLAN 2017 401k financial data |
|---|
| Total transfer of assets to this plan | 2017-12-31 | $7,676 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $64,416 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $75,112 |
| Total income from all sources (including contributions) | 2017-12-31 | $647,151 |
| Total of all expenses incurred | 2017-12-31 | $578,355 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $461,540 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $647,151 |
| Value of total assets at end of year | 2017-12-31 | $478,217 |
| Value of total assets at beginning of year | 2017-12-31 | $412,441 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $116,815 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Administrative expenses professional fees incurred | 2017-12-31 | $7,408 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $100,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $86 |
| Administrative expenses (other) incurred | 2017-12-31 | $109,407 |
| Liabilities. Value of operating payables at end of year | 2017-12-31 | $47,545 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $64,612 |
| Total non interest bearing cash at end of year | 2017-12-31 | $426,368 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $353,073 |
| 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 | $68,796 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $413,801 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $337,329 |
| 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 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $411,812 |
| 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 |
| Contributions received in cash from employer | 2017-12-31 | $647,151 |
| Employer contributions (assets) at end of year | 2017-12-31 | $51,849 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $59,282 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $49,728 |
| Liabilities. Value of benefit claims payable at end of year | 2017-12-31 | $16,871 |
| Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $10,500 |
| Did the plan have assets held for investment | 2017-12-31 | No |
| 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 | No |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Unqualified |
| Accountancy firm name | 2017-12-31 | KING, SHORES & PRESTON CPAS |
| Accountancy firm EIN | 2017-12-31 | 541643141 |
| 2016 : ASSETS, INC. HEALTH & WELFWARE PLAN 2016 401k financial data |
|---|
| Total transfer of assets to this plan | 2016-12-31 | $237,453 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $75,112 |
| Total income from all sources (including contributions) | 2016-12-31 | $432,550 |
| Total of all expenses incurred | 2016-12-31 | $332,674 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $240,629 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $432,550 |
| Value of total assets at end of year | 2016-12-31 | $412,441 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $92,045 |
| 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 | $100,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Administrative expenses (other) incurred | 2016-12-31 | $92,045 |
| Total non interest bearing cash at end of year | 2016-12-31 | $412,441 |
| 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 | $99,876 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $337,329 |
| 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 |
| 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 |
| Contributions received in cash from employer | 2016-12-31 | $432,550 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $240,629 |
| Liabilities. Value of benefit claims payable at end of year | 2016-12-31 | $75,112 |
| Did the plan have assets held for investment | 2016-12-31 | No |
| 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 |
