401k Plan data: THE FORTUS GROUP INCORPORATED 401K PROFIT SHARING PLAN plan

THE FORTUS GROUP INCORPORATED 401K PROFIT SHARING PLAN 401k Plan overview

Plan Name	THE FORTUS GROUP INCORPORATED 401K PROFIT SHARING PLAN
Plan identification number	001

THE FORTUS GROUP INCORPORATED 401K PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

THE FORTUS GROUP INCORPORATED has sponsored the creation of one or more 401k plans.

Company Name: THE FORTUS GROUP INCORPORATED

Employer identification number (EIN): 200225330

NAIC Classification: 561300

Additional information about THE FORTUS GROUP INCORPORATED

Jurisdiction of Incorporation: New York Department of State

Incorporation Date: 2000-08-08

Company Identification Number: 2540177

Legal Registered Office Address: 2717 GENESEE ST.
Oneida
UTICA
United States of America (USA)
13501

More information about THE FORTUS GROUP INCORPORATED

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE FORTUS GROUP INCORPORATED 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 SHIRLEY HORNER 2024-07-09
001 2022-01-01
001 2021-01-01
001 2020-01-01 MARK PETELL 2021-06-17 MARK PETELL 2021-06-17
001 2020-01-01 PETER TOLMEI 2022-09-29 PETER TOLMEI 2022-09-29
001 2019-01-01 MPETELL9563 2020-06-16
001 2019-01-01 MARK PETELL 2020-06-30
001 2018-01-01 MARK PETELL 2019-06-05
001 2017-01-01 MARK PETELL 2018-05-18
001 2016-01-01 KATHY PAQUETTE 2017-06-21
001 2015-01-01 KATHY PAQUETTE 2016-07-06
001 2014-01-01 KATHY PAQUETTE 2015-06-22
001 2013-01-01 MICHAEL MAURIZIO 2014-07-31
001 2012-01-01 THE FORTUS GROUP INC 2013-07-18
001 2011-01-01 THE FORTUS GROUP INC 2012-07-16
001 2010-01-01 THE FORTUS GROUP INC 2011-05-06

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01	SHIRLEY HORNER	2024-07-09
001	2022-01-01
001	2021-01-01
001	2020-01-01	MARK PETELL	2021-06-17	MARK PETELL	2021-06-17
001	2020-01-01	PETER TOLMEI	2022-09-29	PETER TOLMEI	2022-09-29
001	2019-01-01	MPETELL9563	2020-06-16
001	2019-01-01	MARK PETELL	2020-06-30
001	2018-01-01	MARK PETELL	2019-06-05
001	2017-01-01	MARK PETELL	2018-05-18
001	2016-01-01	KATHY PAQUETTE	2017-06-21
001	2015-01-01	KATHY PAQUETTE	2016-07-06
001	2014-01-01	KATHY PAQUETTE	2015-06-22
001	2013-01-01	MICHAEL MAURIZIO	2014-07-31
001	2012-01-01	THE FORTUS GROUP INC	2013-07-18
001	2011-01-01	THE FORTUS GROUP INC	2012-07-16
001	2010-01-01	THE FORTUS GROUP INC	2011-05-06

Plan Statistics for THE FORTUS GROUP INCORPORATED 401K PROFIT SHARING PLAN

401k plan membership statisitcs for THE FORTUS GROUP INCORPORATED 401K PROFIT SHARING PLAN

Measure Date Value
2022: THE FORTUS GROUP INCORPORATED 401K PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 154
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 117
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 24
Total of all active and inactive participants 2022-01-01 141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 141
Number of participants with account balances 2022-01-01 79
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: THE FORTUS GROUP INCORPORATED 401K PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 124
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 119
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 12
Total of all active and inactive participants 2021-01-01 131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 131
Number of participants with account balances 2021-01-01 66
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0

Measure	Date	Value
2022: THE FORTUS GROUP INCORPORATED 401K PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	154
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	117
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	24
Total of all active and inactive participants	2022-01-01	141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	141
Number of participants with account balances	2022-01-01	79
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: THE FORTUS GROUP INCORPORATED 401K PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	124
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	119
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	12
Total of all active and inactive participants	2021-01-01	131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	131
Number of participants with account balances	2021-01-01	66
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0

Financial Data on THE FORTUS GROUP INCORPORATED 401K PROFIT SHARING PLAN

Measure	Date	Value
2022 : THE FORTUS GROUP INCORPORATED 401K PROFIT SHARING PLAN 2022 401k financial data
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	$88,600
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$238,604
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$202,116
Expenses. Certain deemed distributions of participant loans	2022-12-31	$166
Value of total corrective distributions	2022-12-31	$1,291
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$821,385
Value of total assets at end of year	2022-12-31	$4,140,141
Value of total assets at beginning of year	2022-12-31	$4,290,145
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$35,031
Total interest from all sources	2022-12-31	$3,301
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$204,632
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	$204,632
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$430,000
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	$600,824
Participant contributions at end of year	2022-12-31	$67,375
Participant contributions at beginning of year	2022-12-31	$72,910
Administrative expenses (other) incurred	2022-12-31	$35,031
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	$-150,004
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$4,140,141
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$4,290,145
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	$4,049,408
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$4,177,889
Interest on participant loans	2022-12-31	$3,301
Value of interest in common/collective trusts at end of year	2022-12-31	$23,358
Value of interest in common/collective trusts at beginning of year	2022-12-31	$39,346
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-941,648
Net investment gain or loss from common/collective trusts	2022-12-31	$930
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	$220,561
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$202,116
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	ASSURANCE DIMENSIONS
Accountancy firm EIN	2022-12-31	263429295
2021 : THE FORTUS GROUP INCORPORATED 401K PROFIT SHARING PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	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	$1,189,981
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$823,868
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$799,598
Expenses. Certain deemed distributions of participant loans	2021-12-31	$2,513
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$599,526
Value of total assets at end of year	2021-12-31	$4,290,145
Value of total assets at beginning of year	2021-12-31	$3,924,032
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$21,757
Total interest from all sources	2021-12-31	$4,234
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$221,949
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	$221,949
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$400,000
If this is an individual account plan, was there a blackout period	2021-12-31	Yes
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	$439,754
Participant contributions at end of year	2021-12-31	$72,910
Participant contributions at beginning of year	2021-12-31	$101,286
Administrative expenses (other) incurred	2021-12-31	$21,757
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	$366,113
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$4,290,145
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$3,924,032
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	$4,177,889
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$3,822,746
Interest on participant loans	2021-12-31	$4,234
Value of interest in common/collective trusts at end of year	2021-12-31	$39,346
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$363,856
Net investment gain or loss from common/collective trusts	2021-12-31	$416
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	$159,772
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$799,598
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	Yes
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	ASSURANCE DIMENSIONS
Accountancy firm EIN	2021-12-31	263429295

Form 5500 Responses for THE FORTUS GROUP INCORPORATED 401K PROFIT SHARING PLAN

2022: THE FORTUS GROUP INCORPORATED 401K PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: THE FORTUS GROUP INCORPORATED 401K PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	THE FORTUS GROUP INCORPORATED
Employer identification number (EIN):	200225330
NAIC Classification:	561300

Jurisdiction of Incorporation:	New York Department of State
Incorporation Date:	2000-08-08
Company Identification Number:	2540177
Legal Registered Office Address:	2717 GENESEE ST. Oneida UTICA United States of America (USA) 13501