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THE RETIREMENT PLAN OF PRICESMART, INC. 401k Plan overview

Plan NameTHE RETIREMENT PLAN OF PRICESMART, INC.
Plan identification number 002

THE RETIREMENT PLAN OF PRICESMART, INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • 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) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

PRICESMART, INC. has sponsored the creation of one or more 401k plans.

Company Name:PRICESMART, INC.
Employer identification number (EIN):330628530
NAIC Classification:424400

Additional information about PRICESMART, INC.

Jurisdiction of Incorporation: Vermont Secretary of State Corporations Division
Incorporation Date: 1994-09-23
Company Identification Number: 65308
Legal Registered Office Address: 400 CORNERSTONE DR #240

WILLISTON
United States of America (USA)
05495

More information about PRICESMART, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE RETIREMENT PLAN OF PRICESMART, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01ANGELA MUNSON WILL TITERA
0022022-01-01ANGELA MUNSON2023-10-02 WILL TITERA2023-10-02
0022021-01-01ANGELA MUNSON2022-10-14 WILL TITERA2022-10-14
0022020-01-01ANGELA MUNSON2021-10-12 WILL TITERA2021-10-12
0022019-01-01ANGELA MUNSON2020-09-10 MICHAEL MCCLEARY2020-09-10
0022018-01-01ANGELA MUNSON2019-07-26 MAARTEN JAGER2019-07-26
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01
0022013-01-01
0022012-01-01ANGELA MUNSON
0022011-01-01ANGELA MUNSON
0022010-01-01ANGELA MUNSON
0022009-01-01ANGELA WIEHE
0022009-01-01ANGELA WIEHE

Plan Statistics for THE RETIREMENT PLAN OF PRICESMART, INC.

401k plan membership statisitcs for THE RETIREMENT PLAN OF PRICESMART, INC.

Measure Date Value
2023: THE RETIREMENT PLAN OF PRICESMART, INC. 2023 401k membership
Total participants, beginning-of-year2023-01-01965
Total number of active participants reported on line 7a of the Form 55002023-01-01593
Number of retired or separated participants receiving benefits2023-01-018
Number of other retired or separated participants entitled to future benefits2023-01-01345
Total of all active and inactive participants2023-01-01946
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-013
Total participants2023-01-01949
Number of participants with account balances2023-01-01937
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: THE RETIREMENT PLAN OF PRICESMART, INC. 2022 401k membership
Total participants, beginning-of-year2022-01-01974
Total number of active participants reported on line 7a of the Form 55002022-01-01594
Number of retired or separated participants receiving benefits2022-01-0110
Number of other retired or separated participants entitled to future benefits2022-01-01359
Total of all active and inactive participants2022-01-01963
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-012
Total participants2022-01-01965
Number of participants with account balances2022-01-01959
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-011
2021: THE RETIREMENT PLAN OF PRICESMART, INC. 2021 401k membership
Total participants, beginning-of-year2021-01-011,009
Total number of active participants reported on line 7a of the Form 55002021-01-01580
Number of other retired or separated participants entitled to future benefits2021-01-01395
Total of all active and inactive participants2021-01-01975
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-012
Total participants2021-01-01977
Number of participants with account balances2021-01-01969
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: THE RETIREMENT PLAN OF PRICESMART, INC. 2020 401k membership
Total participants, beginning-of-year2020-01-011,017
Total number of active participants reported on line 7a of the Form 55002020-01-01572
Number of other retired or separated participants entitled to future benefits2020-01-01438
Total of all active and inactive participants2020-01-011,010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-011
Total participants2020-01-011,011
Number of participants with account balances2020-01-011,005
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-011
2019: THE RETIREMENT PLAN OF PRICESMART, INC. 2019 401k membership
Total participants, beginning-of-year2019-01-01912
Total number of active participants reported on line 7a of the Form 55002019-01-01596
Number of other retired or separated participants entitled to future benefits2019-01-01420
Total of all active and inactive participants2019-01-011,016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011
Total participants2019-01-011,017
Number of participants with account balances2019-01-011,014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0117
2018: THE RETIREMENT PLAN OF PRICESMART, INC. 2018 401k membership
Total participants, beginning-of-year2018-01-01847
Total number of active participants reported on line 7a of the Form 55002018-01-01586
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-01325
Total of all active and inactive participants2018-01-01911
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-011
Total participants2018-01-01912
Number of participants with account balances2018-01-01907
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0127
2017: THE RETIREMENT PLAN OF PRICESMART, INC. 2017 401k membership
Total participants, beginning-of-year2017-01-01789
Total number of active participants reported on line 7a of the Form 55002017-01-01576
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-01270
Total of all active and inactive participants2017-01-01846
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-011
Total participants2017-01-01847
Number of participants with account balances2017-01-01844
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: THE RETIREMENT PLAN OF PRICESMART, INC. 2016 401k membership
Total participants, beginning-of-year2016-01-01757
Total number of active participants reported on line 7a of the Form 55002016-01-01554
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-01234
Total of all active and inactive participants2016-01-01788
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-01789
Number of participants with account balances2016-01-01781
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: THE RETIREMENT PLAN OF PRICESMART, INC. 2015 401k membership
Total participants, beginning-of-year2015-01-01688
Total number of active participants reported on line 7a of the Form 55002015-01-01553
Number of other retired or separated participants entitled to future benefits2015-01-01202
Total of all active and inactive participants2015-01-01755
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011
Total participants2015-01-01756
Number of participants with account balances2015-01-01738
2014: THE RETIREMENT PLAN OF PRICESMART, INC. 2014 401k membership
Total participants, beginning-of-year2014-01-01645
Total number of active participants reported on line 7a of the Form 55002014-01-01538
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-01158
Total of all active and inactive participants2014-01-01696
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-01697
Number of participants with account balances2014-01-01644
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-016
2013: THE RETIREMENT PLAN OF PRICESMART, INC. 2013 401k membership
Total participants, beginning-of-year2013-01-01586
Total number of active participants reported on line 7a of the Form 55002013-01-01515
Number of other retired or separated participants entitled to future benefits2013-01-01120
Total of all active and inactive participants2013-01-01635
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-01636
Number of participants with account balances2013-01-01595
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-014
2012: THE RETIREMENT PLAN OF PRICESMART, INC. 2012 401k membership
Total participants, beginning-of-year2012-01-01507
Total number of active participants reported on line 7a of the Form 55002012-01-01491
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0195
Total of all active and inactive participants2012-01-01586
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01586
Number of participants with account balances2012-01-01543
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-018
2011: THE RETIREMENT PLAN OF PRICESMART, INC. 2011 401k membership
Total participants, beginning-of-year2011-01-01447
Total number of active participants reported on line 7a of the Form 55002011-01-01426
Number of other retired or separated participants entitled to future benefits2011-01-0181
Total of all active and inactive participants2011-01-01507
Total participants2011-01-01507
Number of participants with account balances2011-01-01471
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0130
2010: THE RETIREMENT PLAN OF PRICESMART, INC. 2010 401k membership
Total participants, beginning-of-year2010-01-01299
Total number of active participants reported on line 7a of the Form 55002010-01-01384
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0163
Total of all active and inactive participants2010-01-01447
Total participants2010-01-01447
Number of participants with account balances2010-01-01310
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-013
2009: THE RETIREMENT PLAN OF PRICESMART, INC. 2009 401k membership
Total participants, beginning-of-year2009-01-01243
Total number of active participants reported on line 7a of the Form 55002009-01-01239
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0160
Total of all active and inactive participants2009-01-01299
Total participants2009-01-01299
Number of participants with account balances2009-01-01285
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-014

Financial Data on THE RETIREMENT PLAN OF PRICESMART, INC.

Measure Date Value
2022 : THE RETIREMENT PLAN OF PRICESMART, INC. 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$-13,245,725
Total unrealized appreciation/depreciation of assets2022-12-31$-13,245,725
Total income from all sources (including contributions)2022-12-31$-5,966,860
Total of all expenses incurred2022-12-31$4,541,559
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$4,501,031
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$7,501,064
Value of total assets at end of year2022-12-31$69,069,838
Value of total assets at beginning of year2022-12-31$79,578,257
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$40,528
Total interest from all sources2022-12-31$66,361
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$1,055,180
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$1,055,180
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$2,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$4,202,830
Participant contributions at end of year2022-12-31$1,408,246
Participant contributions at beginning of year2022-12-31$1,215,830
Participant contributions at end of year2022-12-31$12,691
Participant contributions at beginning of year2022-12-31$23,323
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$241,232
Administrative expenses (other) incurred2022-12-31$40,528
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-10,508,419
Value of net assets at end of year (total assets less liabilities)2022-12-31$69,069,838
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$79,578,257
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$62,754,696
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$75,003,929
Interest on participant loans2022-12-31$66,361
Value of interest in common/collective trusts at end of year2022-12-31$4,868,909
Value of interest in common/collective trusts at beginning of year2022-12-31$3,301,681
Net investment gain or loss from common/collective trusts2022-12-31$-1,343,740
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$16,091
Assets. Invements in employer securities at beginning of year2022-12-31$19,502
Contributions received in cash from employer2022-12-31$3,057,002
Employer contributions (assets) at end of year2022-12-31$9,205
Employer contributions (assets) at beginning of year2022-12-31$13,992
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$4,501,031
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31No
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31PKF SAN DIEGO, LLP
Accountancy firm EIN2022-12-31813391684
2021 : THE RETIREMENT PLAN OF PRICESMART, INC. 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$1,708,522
Total unrealized appreciation/depreciation of assets2021-12-31$1,708,522
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$17,841
Total income from all sources (including contributions)2021-12-31$16,707,520
Total of all expenses incurred2021-12-31$5,971,359
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$5,931,048
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$6,615,917
Value of total assets at end of year2021-12-31$79,578,257
Value of total assets at beginning of year2021-12-31$68,859,937
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$40,311
Total interest from all sources2021-12-31$80,698
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$8,302,383
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$8,302,383
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$2,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$3,870,250
Participant contributions at end of year2021-12-31$1,215,830
Participant contributions at beginning of year2021-12-31$1,594,022
Participant contributions at end of year2021-12-31$23,323
Participant contributions at beginning of year2021-12-31$18,368
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$47,680
Administrative expenses (other) incurred2021-12-31$40,311
Liabilities. Value of operating payables at beginning of year2021-12-31$17,841
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$10,736,161
Value of net assets at end of year (total assets less liabilities)2021-12-31$79,578,257
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$68,842,096
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$75,003,929
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$63,186,522
Interest on participant loans2021-12-31$80,698
Value of interest in common/collective trusts at end of year2021-12-31$3,301,681
Value of interest in common/collective trusts at beginning of year2021-12-31$4,022,804
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$19,502
Assets. Invements in employer securities at beginning of year2021-12-31$24,279
Contributions received in cash from employer2021-12-31$2,697,987
Employer contributions (assets) at end of year2021-12-31$13,992
Employer contributions (assets) at beginning of year2021-12-31$13,942
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$5,931,048
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-12-31No
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31PKF, LLP
Accountancy firm EIN2021-12-31813391684
2020 : THE RETIREMENT PLAN OF PRICESMART, INC. 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$7,198,153
Total unrealized appreciation/depreciation of assets2020-12-31$7,198,153
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$17,841
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$16,433,542
Total of all expenses incurred2020-12-31$8,825,365
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$8,803,284
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$6,079,329
Value of total assets at end of year2020-12-31$68,859,937
Value of total assets at beginning of year2020-12-31$61,233,919
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$22,081
Total interest from all sources2020-12-31$89,006
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$3,067,054
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$3,067,054
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$2,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$3,481,766
Participant contributions at end of year2020-12-31$1,594,022
Participant contributions at beginning of year2020-12-31$1,853,990
Participant contributions at end of year2020-12-31$18,368
Participant contributions at beginning of year2020-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$92,217
Administrative expenses (other) incurred2020-12-31$22,081
Liabilities. Value of operating payables at end of year2020-12-31$17,841
Liabilities. Value of operating payables at beginning of year2020-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$7,608,177
Value of net assets at end of year (total assets less liabilities)2020-12-31$68,842,096
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$61,233,919
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$63,186,522
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$55,786,849
Interest on participant loans2020-12-31$89,006
Value of interest in common/collective trusts at end of year2020-12-31$4,022,804
Value of interest in common/collective trusts at beginning of year2020-12-31$3,571,949
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Assets. Invements in employer securities at end of year2020-12-31$24,279
Assets. Invements in employer securities at beginning of year2020-12-31$21,131
Contributions received in cash from employer2020-12-31$2,505,346
Employer contributions (assets) at end of year2020-12-31$13,942
Employer contributions (assets) at beginning of year2020-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$8,803,284
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31No
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31PKF, LLP
Accountancy firm EIN2020-12-31813391684
2019 : THE RETIREMENT PLAN OF PRICESMART, INC. 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$7,513,863
Total unrealized appreciation/depreciation of assets2019-12-31$7,513,863
Total income from all sources (including contributions)2019-12-31$16,642,968
Total of all expenses incurred2019-12-31$5,091,137
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$5,084,947
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$5,461,536
Value of total assets at end of year2019-12-31$61,233,919
Value of total assets at beginning of year2019-12-31$49,682,088
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$6,190
Total interest from all sources2019-12-31$96,335
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$3,571,234
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$3,571,234
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$2,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$3,181,650
Participant contributions at end of year2019-12-31$1,853,990
Participant contributions at beginning of year2019-12-31$1,555,991
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$96,254
Administrative expenses (other) incurred2019-12-31$6,190
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$11,551,831
Value of net assets at end of year (total assets less liabilities)2019-12-31$61,233,919
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$49,682,088
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$55,786,849
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$43,923,343
Interest on participant loans2019-12-31$96,335
Value of interest in common/collective trusts at end of year2019-12-31$3,571,949
Value of interest in common/collective trusts at beginning of year2019-12-31$4,182,515
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$21,131
Assets. Invements in employer securities at beginning of year2019-12-31$20,239
Contributions received in cash from employer2019-12-31$2,183,632
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$5,084,947
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31PKF, LLP
Accountancy firm EIN2019-12-31813391684
2018 : THE RETIREMENT PLAN OF PRICESMART, INC. 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-5,723,867
Total unrealized appreciation/depreciation of assets2018-12-31$-5,723,867
Total income from all sources (including contributions)2018-12-31$2,667,177
Total of all expenses incurred2018-12-31$3,014,020
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$3,005,509
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$4,926,678
Value of total assets at end of year2018-12-31$49,682,088
Value of total assets at beginning of year2018-12-31$50,028,931
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$8,511
Total interest from all sources2018-12-31$71,594
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$3,392,772
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$3,392,772
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$2,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$2,822,073
Participant contributions at end of year2018-12-31$1,555,991
Participant contributions at beginning of year2018-12-31$1,443,497
Participant contributions at end of year2018-12-31$0
Participant contributions at beginning of year2018-12-31$127,840
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$138,144
Administrative expenses (other) incurred2018-12-31$8,511
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-346,843
Value of net assets at end of year (total assets less liabilities)2018-12-31$49,682,088
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$50,028,931
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$43,923,343
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$44,908,702
Interest on participant loans2018-12-31$71,594
Value of interest in common/collective trusts at end of year2018-12-31$4,182,515
Value of interest in common/collective trusts at beginning of year2018-12-31$3,442,762
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Assets. Invements in employer securities at end of year2018-12-31$20,239
Assets. Invements in employer securities at beginning of year2018-12-31$32,092
Contributions received in cash from employer2018-12-31$1,966,461
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$74,038
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$3,005,509
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31PKF, LLP
Accountancy firm EIN2018-12-31813391684
2017 : THE RETIREMENT PLAN OF PRICESMART, INC. 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$4,884,703
Total unrealized appreciation/depreciation of assets2017-12-31$4,884,703
Total income from all sources (including contributions)2017-12-31$12,730,801
Total of all expenses incurred2017-12-31$5,650,342
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$5,641,892
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$4,882,373
Value of total assets at end of year2017-12-31$50,028,931
Value of total assets at beginning of year2017-12-31$42,948,472
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$8,450
Total interest from all sources2017-12-31$736,311
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$2,227,414
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$2,227,414
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$2,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$2,778,038
Participant contributions at end of year2017-12-31$1,443,497
Participant contributions at beginning of year2017-12-31$1,185,845
Participant contributions at end of year2017-12-31$127,840
Participant contributions at beginning of year2017-12-31$141,412
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$149,128
Administrative expenses (other) incurred2017-12-31$8,450
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$7,080,459
Value of net assets at end of year (total assets less liabilities)2017-12-31$50,028,931
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$42,948,472
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$44,908,702
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$38,241,514
Interest on participant loans2017-12-31$736,311
Value of interest in common/collective trusts at end of year2017-12-31$3,442,762
Value of interest in common/collective trusts at beginning of year2017-12-31$3,266,662
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31Yes
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$32,092
Assets. Invements in employer securities at beginning of year2017-12-31$34,627
Contributions received in cash from employer2017-12-31$1,955,207
Employer contributions (assets) at end of year2017-12-31$74,038
Employer contributions (assets) at beginning of year2017-12-31$78,412
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$5,641,892
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31No
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31PKF, LLP
Accountancy firm EIN2017-12-31813391684
2016 : THE RETIREMENT PLAN OF PRICESMART, INC. 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$822,018
Total unrealized appreciation/depreciation of assets2016-12-31$822,018
Total income from all sources (including contributions)2016-12-31$7,173,282
Total of all expenses incurred2016-12-31$1,240,214
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$1,232,444
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$4,817,470
Value of total assets at end of year2016-12-31$42,948,472
Value of total assets at beginning of year2016-12-31$37,015,404
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$7,770
Total interest from all sources2016-12-31$44,320
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$1,489,474
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$1,489,474
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$2,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$2,734,075
Participant contributions at end of year2016-12-31$1,185,845
Participant contributions at beginning of year2016-12-31$824,889
Participant contributions at end of year2016-12-31$141,412
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$124,591
Administrative expenses (other) incurred2016-12-31$7,770
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$5,933,068
Value of net assets at end of year (total assets less liabilities)2016-12-31$42,948,472
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$37,015,404
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$38,241,514
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$34,010,214
Interest on participant loans2016-12-31$44,320
Value of interest in common/collective trusts at end of year2016-12-31$3,266,662
Value of interest in common/collective trusts at beginning of year2016-12-31$2,145,680
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31Yes
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at end of year2016-12-31$34,627
Assets. Invements in employer securities at beginning of year2016-12-31$34,621
Contributions received in cash from employer2016-12-31$1,958,804
Employer contributions (assets) at end of year2016-12-31$78,412
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$1,232,444
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31No
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31PKF
Accountancy firm EIN2016-12-31813391684
2015 : THE RETIREMENT PLAN OF PRICESMART, INC. 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$-1,271,689
Total unrealized appreciation/depreciation of assets2015-12-31$-1,271,689
Total income from all sources (including contributions)2015-12-31$4,098,714
Total of all expenses incurred2015-12-31$1,622,966
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$1,618,066
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$3,485,669
Value of total assets at end of year2015-12-31$37,015,404
Value of total assets at beginning of year2015-12-31$34,539,656
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$4,900
Total interest from all sources2015-12-31$56,229
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$1,828,505
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$1,828,505
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$2,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$2,145,853
Participant contributions at end of year2015-12-31$824,889
Participant contributions at beginning of year2015-12-31$787,317
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$63,516
Administrative expenses (other) incurred2015-12-31$4,900
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$2,475,748
Value of net assets at end of year (total assets less liabilities)2015-12-31$37,015,404
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$34,539,656
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$34,010,214
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$31,367,588
Interest on participant loans2015-12-31$56,229
Value of interest in common/collective trusts at end of year2015-12-31$2,145,680
Value of interest in common/collective trusts at beginning of year2015-12-31$2,341,636
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Assets. Invements in employer securities at end of year2015-12-31$34,621
Assets. Invements in employer securities at beginning of year2015-12-31$39,696
Contributions received in cash from employer2015-12-31$1,276,300
Employer contributions (assets) at beginning of year2015-12-31$3,419
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$1,618,066
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-12-31No
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31PKF
Accountancy firm EIN2015-12-31954354850
2014 : THE RETIREMENT PLAN OF PRICESMART, INC. 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$388,459
Total unrealized appreciation/depreciation of assets2014-12-31$388,459
Total income from all sources (including contributions)2014-12-31$4,876,979
Total of all expenses incurred2014-12-31$539,813
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$535,672
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$2,753,346
Value of total assets at end of year2014-12-31$34,539,656
Value of total assets at beginning of year2014-12-31$30,202,490
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$4,141
Total interest from all sources2014-12-31$34,317
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$1,700,857
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$1,700,857
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$2,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$1,614,125
Participant contributions at end of year2014-12-31$787,317
Participant contributions at beginning of year2014-12-31$754,103
Participant contributions at end of year2014-12-31$0
Participant contributions at beginning of year2014-12-31$71,883
Administrative expenses (other) incurred2014-12-31$4,141
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$4,337,166
Value of net assets at end of year (total assets less liabilities)2014-12-31$34,539,656
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$30,202,490
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$31,367,588
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$26,833,059
Interest on participant loans2014-12-31$34,317
Value of interest in common/collective trusts at end of year2014-12-31$2,341,636
Value of interest in common/collective trusts at beginning of year2014-12-31$2,439,991
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Assets. Invements in employer securities at end of year2014-12-31$39,696
Assets. Invements in employer securities at beginning of year2014-12-31$52,649
Contributions received in cash from employer2014-12-31$1,139,221
Employer contributions (assets) at end of year2014-12-31$3,419
Employer contributions (assets) at beginning of year2014-12-31$50,805
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$535,672
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-12-31No
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31PKF
Accountancy firm EIN2014-12-31954354850
2013 : THE RETIREMENT PLAN OF PRICESMART, INC. 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$3,555,661
Total unrealized appreciation/depreciation of assets2013-12-31$3,555,661
Total income from all sources (including contributions)2013-12-31$7,357,628
Total of all expenses incurred2013-12-31$387,136
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$382,546
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$2,570,411
Value of total assets at end of year2013-12-31$30,202,490
Value of total assets at beginning of year2013-12-31$23,231,998
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$4,590
Total interest from all sources2013-12-31$31,699
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$1,199,857
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$1,199,857
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$2,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$1,464,656
Participant contributions at end of year2013-12-31$754,103
Participant contributions at beginning of year2013-12-31$723,503
Participant contributions at end of year2013-12-31$71,883
Participant contributions at beginning of year2013-12-31$63,415
Administrative expenses (other) incurred2013-12-31$4,590
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$6,970,492
Value of net assets at end of year (total assets less liabilities)2013-12-31$30,202,490
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$23,231,998
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$26,833,059
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$19,849,960
Interest on participant loans2013-12-31$31,699
Value of interest in common/collective trusts at end of year2013-12-31$2,439,991
Value of interest in common/collective trusts at beginning of year2013-12-31$2,517,238
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31Yes
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Assets. Invements in employer securities at end of year2013-12-31$52,649
Assets. Invements in employer securities at beginning of year2013-12-31$35,169
Contributions received in cash from employer2013-12-31$1,105,755
Employer contributions (assets) at end of year2013-12-31$50,805
Employer contributions (assets) at beginning of year2013-12-31$42,713
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$382,546
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31No
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31PKF
Accountancy firm EIN2013-12-31954354850
2012 : THE RETIREMENT PLAN OF PRICESMART, INC. 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$1,886,550
Total unrealized appreciation/depreciation of assets2012-12-31$1,886,550
Total income from all sources (including contributions)2012-12-31$5,290,203
Total of all expenses incurred2012-12-31$3,169,970
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$3,167,091
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$2,582,735
Value of total assets at end of year2012-12-31$23,231,998
Value of total assets at beginning of year2012-12-31$21,111,765
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$2,879
Total interest from all sources2012-12-31$30,046
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$790,872
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$790,872
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$2,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$1,580,472
Participant contributions at end of year2012-12-31$723,503
Participant contributions at beginning of year2012-12-31$540,051
Participant contributions at end of year2012-12-31$63,415
Participant contributions at beginning of year2012-12-31$45,747
Administrative expenses (other) incurred2012-12-31$2,879
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$2,120,233
Value of net assets at end of year (total assets less liabilities)2012-12-31$23,231,998
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$21,111,765
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$19,849,960
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$18,107,762
Interest on participant loans2012-12-31$30,046
Value of interest in common/collective trusts at end of year2012-12-31$2,517,238
Value of interest in common/collective trusts at beginning of year2012-12-31$2,336,521
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31Yes
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Assets. Invements in employer securities at end of year2012-12-31$35,169
Assets. Invements in employer securities at beginning of year2012-12-31$40,048
Contributions received in cash from employer2012-12-31$1,002,263
Employer contributions (assets) at end of year2012-12-31$42,713
Employer contributions (assets) at beginning of year2012-12-31$41,636
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$3,167,091
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31No
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31PKF
Accountancy firm EIN2012-12-31454354850
2011 : THE RETIREMENT PLAN OF PRICESMART, INC. 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-715,964
Total unrealized appreciation/depreciation of assets2011-12-31$-715,964
Total income from all sources (including contributions)2011-12-31$2,056,866
Total of all expenses incurred2011-12-31$825,778
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$822,694
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$2,066,312
Value of total assets at end of year2011-12-31$21,111,765
Value of total assets at beginning of year2011-12-31$19,880,677
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$3,084
Total interest from all sources2011-12-31$19,899
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$686,619
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$686,619
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$2,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$1,171,586
Participant contributions at end of year2011-12-31$540,051
Participant contributions at beginning of year2011-12-31$377,252
Participant contributions at end of year2011-12-31$45,747
Participant contributions at beginning of year2011-12-31$47,225
Administrative expenses (other) incurred2011-12-31$3,084
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$1,231,088
Value of net assets at end of year (total assets less liabilities)2011-12-31$21,111,765
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$19,880,677
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$18,107,762
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$17,963,613
Interest on participant loans2011-12-31$19,899
Value of interest in common/collective trusts at end of year2011-12-31$2,336,521
Value of interest in common/collective trusts at beginning of year2011-12-31$1,368,709
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31Yes
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Assets. Invements in employer securities at end of year2011-12-31$40,048
Assets. Invements in employer securities at beginning of year2011-12-31$24,052
Contributions received in cash from employer2011-12-31$894,726
Employer contributions (assets) at end of year2011-12-31$41,636
Employer contributions (assets) at beginning of year2011-12-31$99,826
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$822,694
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31PKF
Accountancy firm EIN2011-12-31954354850
2010 : THE RETIREMENT PLAN OF PRICESMART, INC. 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$2,059,903
Total unrealized appreciation/depreciation of assets2010-12-31$2,059,903
Total income from all sources (including contributions)2010-12-31$4,423,990
Total of all expenses incurred2010-12-31$241,901
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$239,041
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,870,021
Value of total assets at end of year2010-12-31$19,880,677
Value of total assets at beginning of year2010-12-31$15,698,588
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$2,860
Total interest from all sources2010-12-31$494,066
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Assets. Corporate prefeered stocks other than exployer securities at end of year2010-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2010-12-31$88,448
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$2,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$1,309,824
Participant contributions at end of year2010-12-31$377,252
Participant contributions at beginning of year2010-12-31$414,647
Participant contributions at end of year2010-12-31$47,225
Participant contributions at beginning of year2010-12-31$42,298
Administrative expenses (other) incurred2010-12-31$2,860
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$4,182,089
Value of net assets at end of year (total assets less liabilities)2010-12-31$19,880,677
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$15,698,588
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$17,963,613
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$13,932,174
Interest earned on other investments2010-12-31$20,644
Value of interest in common/collective trusts at end of year2010-12-31$1,368,709
Value of interest in common/collective trusts at beginning of year2010-12-31$1,139,567
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$473,422
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31Yes
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Assets. Invements in employer securities at end of year2010-12-31$24,052
Assets. Invements in employer securities at beginning of year2010-12-31$13,156
Contributions received in cash from employer2010-12-31$560,197
Employer contributions (assets) at end of year2010-12-31$99,826
Employer contributions (assets) at beginning of year2010-12-31$68,298
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$239,041
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31PKF
Accountancy firm EIN2010-12-31954354850

Form 5500 Responses for THE RETIREMENT PLAN OF PRICESMART, INC.

2023: THE RETIREMENT PLAN OF PRICESMART, INC. 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: THE RETIREMENT PLAN OF PRICESMART, INC. 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: THE RETIREMENT PLAN OF PRICESMART, INC. 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: THE RETIREMENT PLAN OF PRICESMART, INC. 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: THE RETIREMENT PLAN OF PRICESMART, INC. 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: THE RETIREMENT PLAN OF PRICESMART, INC. 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: THE RETIREMENT PLAN OF PRICESMART, INC. 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: THE RETIREMENT PLAN OF PRICESMART, INC. 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: THE RETIREMENT PLAN OF PRICESMART, INC. 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: THE RETIREMENT PLAN OF PRICESMART, INC. 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: THE RETIREMENT PLAN OF PRICESMART, INC. 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THE RETIREMENT PLAN OF PRICESMART, INC. 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THE RETIREMENT PLAN OF PRICESMART, INC. 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: THE RETIREMENT PLAN OF PRICESMART, INC. 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: THE RETIREMENT PLAN OF PRICESMART, INC. 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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