AMERICAN FUTURE TECHNOLOGY CORPO has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2022 : IBUYPOWER RETIREMENT PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total transfer of assets to this plan | 2022-12-31 | $0 |
Total transfer of assets from this plan | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $470,222 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $315,517 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $300,717 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $4 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $950,671 |
Value of total assets at end of year | 2022-12-31 | $2,554,586 |
Value of total assets at beginning of year | 2022-12-31 | $2,399,881 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $14,796 |
Total interest from all sources | 2022-12-31 | $2,189 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $143,716 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $143,716 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $260,000 |
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 | $589,369 |
Participant contributions at end of year | 2022-12-31 | $42,145 |
Participant contributions at beginning of year | 2022-12-31 | $34,010 |
Participant contributions at end of year | 2022-12-31 | $15,181 |
Participant contributions at beginning of year | 2022-12-31 | $18,399 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $5,166 |
Other income not declared elsewhere | 2022-12-31 | $7,778 |
Administrative expenses (other) incurred | 2022-12-31 | $14,796 |
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 | $154,705 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $2,554,586 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $2,399,881 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $2,487,107 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $2,337,765 |
Interest on participant loans | 2022-12-31 | $2,189 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-634,132 |
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 | $356,136 |
Employer contributions (assets) at end of year | 2022-12-31 | $10,153 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $9,707 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $300,717 |
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 | FARBER HASS HURLEY, LLP |
Accountancy firm EIN | 2022-12-31 | 204207759 |
2021 : IBUYPOWER RETIREMENT PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total transfer of assets to this plan | 2021-12-31 | $0 |
Total transfer of assets from this plan | 2021-12-31 | $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 | $1,206,481 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $209,798 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $198,505 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $474 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $926,548 |
Value of total assets at end of year | 2021-12-31 | $2,399,881 |
Value of total assets at beginning of year | 2021-12-31 | $1,403,198 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $10,819 |
Total interest from all sources | 2021-12-31 | $1,127 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $198,966 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $198,966 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $154,000 |
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 | $591,429 |
Participant contributions at end of year | 2021-12-31 | $34,010 |
Participant contributions at beginning of year | 2021-12-31 | $12,997 |
Participant contributions at end of year | 2021-12-31 | $18,399 |
Administrative expenses (other) incurred | 2021-12-31 | $10,819 |
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 | $996,683 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $2,399,881 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $1,403,198 |
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 registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $2,337,765 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $1,390,201 |
Interest on participant loans | 2021-12-31 | $1,127 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $79,840 |
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 | $335,119 |
Employer contributions (assets) at end of year | 2021-12-31 | $9,707 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $198,505 |
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 | FARBER HASS HURLEY, LLP |
Accountancy firm EIN | 2021-12-31 | 204207759 |
2020 : IBUYPOWER RETIREMENT PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total transfer of assets to this plan | 2020-12-31 | $0 |
Total transfer of assets from this plan | 2020-12-31 | $0 |
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 | $1,058,677 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $59,679 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $55,321 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $845,631 |
Value of total assets at end of year | 2020-12-31 | $1,403,198 |
Value of total assets at beginning of year | 2020-12-31 | $404,200 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $4,358 |
Total interest from all sources | 2020-12-31 | $926 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $49,162 |
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 | $49,162 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $41,000 |
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 | $432,014 |
Participant contributions at end of year | 2020-12-31 | $12,997 |
Participant contributions at beginning of year | 2020-12-31 | $13,435 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $138,933 |
Administrative expenses (other) incurred | 2020-12-31 | $4,358 |
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 | $998,998 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $1,403,198 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $404,200 |
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 registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $1,390,201 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $390,765 |
Interest on participant loans | 2020-12-31 | $926 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $162,958 |
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 | $274,684 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $55,321 |
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 | JTC ACCOUNTANCY CORP |
Accountancy firm EIN | 2020-12-31 | 462693063 |
2019 : IBUYPOWER RETIREMENT PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total transfer of assets to this plan | 2019-12-31 | $0 |
Total transfer of assets from this plan | 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 income from all sources (including contributions) | 2019-12-31 | $409,525 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $5,325 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $3,801 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $385,521 |
Value of total assets at end of year | 2019-12-31 | $404,200 |
Value of total assets at beginning of year | 2019-12-31 | $0 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $1,524 |
Total interest from all sources | 2019-12-31 | $70 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $22,891 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $22,891 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $1,000 |
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 | $213,459 |
Participant contributions at end of year | 2019-12-31 | $13,435 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $22,975 |
Administrative expenses (other) incurred | 2019-12-31 | $1,524 |
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 | $404,200 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $404,200 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $0 |
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 registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $390,765 |
Interest on participant loans | 2019-12-31 | $70 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $1,043 |
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 | $149,087 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $3,801 |
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 | CASEY K TUNG, CPA |
Accountancy firm EIN | 2019-12-31 | 330471053 |