PURPLE WALL BUSINESS SERVICES, LLC DBA TWIN CITIES TAX has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2023: TWIN CITIES TAX 401(K) PLAN 2023 401k membership |
|---|
| Total participants, beginning-of-year | 2023-01-01 | 4 |
| Total number of active participants reported on line 7a of the Form 5500 | 2023-01-01 | 4 |
| Number of retired or separated participants receiving benefits | 2023-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2023-01-01 | 0 |
| Total of all active and inactive participants | 2023-01-01 | 4 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2023-01-01 | 0 |
| Total participants | 2023-01-01 | 4 |
| Number of participants with account balances | 2023-01-01 | 4 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2023-01-01 | 0 |
| 2022: TWIN CITIES TAX 401(K) PLAN 2022 401k membership |
|---|
| Total participants, beginning-of-year | 2022-01-01 | 4 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 3 |
| 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 | 1 |
| Total of all active and inactive participants | 2022-01-01 | 4 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
| Total participants | 2022-01-01 | 4 |
| Number of participants with account balances | 2022-01-01 | 4 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 1 |
| 2021: TWIN CITIES TAX 401(K) PLAN 2021 401k membership |
|---|
| Total participants, beginning-of-year | 2021-01-01 | 2 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 3 |
| 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 | 0 |
| Total of all active and inactive participants | 2021-01-01 | 3 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
| Total participants | 2021-01-01 | 3 |
| Number of participants with account balances | 2021-01-01 | 3 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
| Measure | Date | Value |
|---|
| 2023 : TWIN CITIES TAX 401(K) PLAN 2023 401k financial data |
|---|
| Total plan liabilities at end of year | 2023-12-31 | $490 |
| Total income from all sources | 2023-12-31 | $205,897 |
| Expenses. Total of all expenses incurred | 2023-12-31 | $3,365 |
| Benefits paid (including direct rollovers) | 2023-12-31 | $836 |
| Total plan assets at end of year | 2023-12-31 | $1,577,409 |
| Total plan assets at beginning of year | 2023-12-31 | $1,374,387 |
| Value of fidelity bond covering the plan | 2023-12-31 | $800,000 |
| Total contributions received or receivable from participants | 2023-12-31 | $32,040 |
| Other income received | 2023-12-31 | $116,123 |
| Net income (gross income less expenses) | 2023-12-31 | $202,532 |
| Net plan assets at end of year (total assets less liabilities) | 2023-12-31 | $1,576,919 |
| Net plan assets at beginning of year (total assets less liabilities) | 2023-12-31 | $1,374,387 |
| Assets. Value of assets in partnership/joint-venture interests | 2023-12-31 | $750,000 |
| Total contributions received or receivable from employer(s) | 2023-12-31 | $57,734 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2023-12-31 | $2,529 |
| 2022 : TWIN CITIES TAX 401(K) PLAN 2022 401k financial data |
|---|
| Total income from all sources | 2022-12-31 | $104,374 |
| Expenses. Total of all expenses incurred | 2022-12-31 | $5,373 |
| Benefits paid (including direct rollovers) | 2022-12-31 | $1,039 |
| Total plan assets at end of year | 2022-12-31 | $1,374,387 |
| Total plan assets at beginning of year | 2022-12-31 | $1,275,386 |
| Value of fidelity bond covering the plan | 2022-12-31 | $800,000 |
| Total contributions received or receivable from participants | 2022-12-31 | $27,000 |
| Expenses. Other expenses not covered elsewhere | 2022-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2022-12-31 | $0 |
| Other income received | 2022-12-31 | $28,345 |
| Net income (gross income less expenses) | 2022-12-31 | $99,001 |
| Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $1,374,387 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $1,275,386 |
| Assets. Value of assets in partnership/joint-venture interests | 2022-12-31 | $767,049 |
| Total contributions received or receivable from employer(s) | 2022-12-31 | $49,029 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2022-12-31 | $4,334 |
| 2021 : TWIN CITIES TAX 401(K) PLAN 2021 401k financial data |
|---|
| Total income from all sources | 2021-12-31 | $243,593 |
| Expenses. Total of all expenses incurred | 2021-12-31 | $2,880 |
| Total plan assets at end of year | 2021-12-31 | $1,275,386 |
| Total plan assets at beginning of year | 2021-12-31 | $1,034,673 |
| Value of fidelity bond covering the plan | 2021-12-31 | $104,000 |
| Total contributions received or receivable from participants | 2021-12-31 | $26,000 |
| Other income received | 2021-12-31 | $174,554 |
| Net income (gross income less expenses) | 2021-12-31 | $240,713 |
| Net plan assets at end of year (total assets less liabilities) | 2021-12-31 | $1,275,386 |
| Net plan assets at beginning of year (total assets less liabilities) | 2021-12-31 | $1,034,673 |
| Assets. Value of real-estate (other than employer real property) | 2021-12-31 | $626,019 |
| Total contributions received or receivable from employer(s) | 2021-12-31 | $43,039 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2021-12-31 | $2,880 |
| 2023: TWIN CITIES TAX 401(K) PLAN 2023 form 5500 responses |
|---|
| 2023-01-01 | Type of plan entity | Single employer plan |
| 2023-01-01 | Submission has been amended | No |
| 2023-01-01 | This submission is the final filing | No |
| 2023-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2023-01-01 | Plan is a collectively bargained plan | No |
| 2023-01-01 | Plan funding arrangement – Trust | Yes |
| 2023-01-01 | Plan benefit arrangement - Trust | Yes |
| 2022: TWIN CITIES TAX 401(K) 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: TWIN CITIES TAX 401(K) 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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