NEW ENGLAND TECH-AIR, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan NEW ENGLAND TECH AIR 401(K) PLAN
| Measure | Date | Value |
|---|
| 2022 : NEW ENGLAND TECH AIR 401(K) PLAN 2022 401k financial data |
|---|
| Total income from all sources (including contributions) | 2022-12-31 | $-811,606 |
| Total of all expenses incurred | 2022-12-31 | $448,206 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $383,917 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $475,587 |
| Value of total assets at end of year | 2022-12-31 | $6,242,050 |
| Value of total assets at beginning of year | 2022-12-31 | $7,501,862 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $64,289 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $340,236 |
| 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 | $340,236 |
| Administrative expenses professional fees incurred | 2022-12-31 | $12,865 |
| 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 | $315,606 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $1,230 |
| 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 | $-1,259,812 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $6,242,050 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $7,501,862 |
| 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 | $32,351 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $6,038,834 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $7,305,764 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $44,465 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $29,392 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,627,429 |
| 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 | $158,751 |
| Employer contributions (assets) at end of year | 2022-12-31 | $158,751 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $166,706 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $383,917 |
| Contract administrator fees | 2022-12-31 | $19,073 |
| 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 | TAWNEY, PLLC |
| Accountancy firm EIN | 2022-12-31 | 464585449 |
| 2021 : NEW ENGLAND TECH AIR 401(K) PLAN 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2021-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $0 |
| 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 |
| Expenses. Interest paid | 2021-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $1,524,829 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $304,691 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $222,869 |
| Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $0 |
| Value of total corrective distributions | 2021-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $461,600 |
| Value of total assets at end of year | 2021-12-31 | $7,501,862 |
| Value of total assets at beginning of year | 2021-12-31 | $6,281,724 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $81,822 |
| Total income from rents | 2021-12-31 | $0 |
| Total interest from all sources | 2021-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $378,797 |
| 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 | $378,797 |
| Administrative expenses professional fees incurred | 2021-12-31 | $24,514 |
| 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 | $294,894 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $0 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2021-12-31 | $0 |
| Other income not declared elsewhere | 2021-12-31 | $392 |
| Administrative expenses (other) incurred | 2021-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Income. Non cash contributions | 2021-12-31 | $0 |
| Value of net income/loss | 2021-12-31 | $1,220,138 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $7,501,862 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $6,281,724 |
| 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 | $33,968 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $7,305,764 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $6,097,474 |
| Interest on participant loans | 2021-12-31 | $0 |
| Income. Interest from loans (other than to participants) | 2021-12-31 | $0 |
| Interest earned on other investments | 2021-12-31 | $0 |
| Income. Interest from US Government securities | 2021-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2021-12-31 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $29,392 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $34,434 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2021-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $684,040 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $0 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $0 |
| Net gain/loss from 103.12 investment entities | 2021-12-31 | $0 |
| 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 | $166,706 |
| Employer contributions (assets) at end of year | 2021-12-31 | $166,706 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $149,816 |
| Income. Dividends from common stock | 2021-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $222,869 |
| Contract administrator fees | 2021-12-31 | $23,340 |
| 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 |
| Aggregate proceeds on sale of assets | 2021-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $0 |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | TAWNEY, PLLC |
| Accountancy firm EIN | 2021-12-31 | 464585449 |
| 2020 : NEW ENGLAND TECH AIR 401(K) PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $1,374,907 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $250,885 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $200,631 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $433,925 |
| Value of total assets at end of year | 2020-12-31 | $6,281,724 |
| Value of total assets at beginning of year | 2020-12-31 | $5,157,702 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $50,254 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $231,974 |
| 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 | $231,974 |
| 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 | $257,354 |
| Other income not declared elsewhere | 2020-12-31 | $422 |
| 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 | $1,124,022 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $6,281,724 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $5,157,702 |
| 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 | $50,254 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $6,097,474 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $4,971,386 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $34,434 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $28,465 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $708,586 |
| 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 | $176,571 |
| Employer contributions (assets) at end of year | 2020-12-31 | $149,816 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $157,851 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $200,631 |
| 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 | Unqualified |
| Accountancy firm name | 2020-12-31 | TAWNEY, PLLC |
| Accountancy firm EIN | 2020-12-31 | 464585449 |
| 2019 : NEW ENGLAND TECH AIR 401(K) PLAN 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $51 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $51 |
| Total income from all sources (including contributions) | 2019-12-31 | $1,372,899 |
| Total loss/gain on sale of assets | 2019-12-31 | $136,246 |
| Total of all expenses incurred | 2019-12-31 | $248,175 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $228,701 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $405,207 |
| Value of total assets at end of year | 2019-12-31 | $5,157,702 |
| Value of total assets at beginning of year | 2019-12-31 | $4,032,978 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $19,474 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $831,395 |
| 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 | $831,395 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $403,298 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | Yes |
| 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 | $247,356 |
| 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 | $1,124,724 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $5,157,702 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $4,032,978 |
| 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 | $4,971,386 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $3,861,069 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $20,563 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $28,465 |
| 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 | $157,851 |
| Employer contributions (assets) at end of year | 2019-12-31 | $157,851 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $151,346 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $228,701 |
| Contract administrator fees | 2019-12-31 | $19,474 |
| 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 | Yes |
| 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 |
| Aggregate proceeds on sale of assets | 2019-12-31 | $136,246 |
| 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 | TAWNEY, PLLC |
| Accountancy firm EIN | 2019-12-31 | 464585449 |
| 2018 : NEW ENGLAND TECH AIR 401(K) PLAN 2018 401k financial data |
|---|
| Total income from all sources (including contributions) | 2018-12-31 | $69,468 |
| Total of all expenses incurred | 2018-12-31 | $281,375 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $274,820 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $378,146 |
| Value of total assets at end of year | 2018-12-31 | $4,032,978 |
| Value of total assets at beginning of year | 2018-12-31 | $4,244,885 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $6,555 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $200,322 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $200,322 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $424,488 |
| 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 | $226,800 |
| 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 | $-211,907 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $4,032,978 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $4,244,885 |
| 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 end of year | 2018-12-31 | $3,861,069 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $4,114,201 |
| Value of interest in common/collective trusts at end of year | 2018-12-31 | $20,563 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-509,358 |
| Net investment gain or loss from common/collective trusts | 2018-12-31 | $358 |
| 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 | $151,346 |
| Employer contributions (assets) at end of year | 2018-12-31 | $151,346 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $130,684 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $274,820 |
| Contract administrator fees | 2018-12-31 | $6,555 |
| 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 | TAWNEY, PLLC |
| Accountancy firm EIN | 2018-12-31 | 464585449 |
