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SILVER STAR BRANDS 401(K) PLAN 401k Plan overview

Plan NameSILVER STAR BRANDS 401(K) PLAN
Plan identification number 001

SILVER STAR BRANDS 401(K) PLAN 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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.

401k Sponsoring company profile

SILVER STAR BRANDS, INC. has sponsored the creation of one or more 401k plans.

Company Name:SILVER STAR BRANDS, INC.
Employer identification number (EIN):391885871
NAIC Classification:454390
NAIC Description:Other Direct Selling Establishments

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SILVER STAR BRANDS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01PHILLIP M. BLAIR HOLLY NELSON2018-08-01
0012016-02-26PHILLIP M BLAIR HOLLY NELSON2017-08-17

Plan Statistics for SILVER STAR BRANDS 401(K) PLAN

401k plan membership statisitcs for SILVER STAR BRANDS 401(K) PLAN

Measure Date Value
2023: SILVER STAR BRANDS 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01397
Total number of active participants reported on line 7a of the Form 55002023-01-01265
Number of retired or separated participants receiving benefits2023-01-011
Number of other retired or separated participants entitled to future benefits2023-01-01137
Total of all active and inactive participants2023-01-01403
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-01403
Number of participants with account balances2023-01-01387
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-0119
2022: SILVER STAR BRANDS 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01479
Total number of active participants reported on line 7a of the Form 55002022-01-01289
Number of retired or separated participants receiving benefits2022-01-0113
Number of other retired or separated participants entitled to future benefits2022-01-01145
Total of all active and inactive participants2022-01-01447
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01447
Number of participants with account balances2022-01-01422
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0123
2021: SILVER STAR BRANDS 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01593
Total number of active participants reported on line 7a of the Form 55002021-01-01304
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-01175
Total of all active and inactive participants2021-01-01479
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01479
Number of participants with account balances2021-01-01452
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0122
2020: SILVER STAR BRANDS 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01730
Total number of active participants reported on line 7a of the Form 55002020-01-01318
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-01275
Total of all active and inactive participants2020-01-01593
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01593
Number of participants with account balances2020-01-01574
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0134
2019: SILVER STAR BRANDS 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01798
Total number of active participants reported on line 7a of the Form 55002019-01-01314
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-01416
Total of all active and inactive participants2019-01-01730
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01730
Number of participants with account balances2019-01-01713
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0153
2018: SILVER STAR BRANDS 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01902
Total number of active participants reported on line 7a of the Form 55002018-01-01409
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-01389
Total of all active and inactive participants2018-01-01798
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01798
Number of participants with account balances2018-01-01776
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0161
2017: SILVER STAR BRANDS 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01885
Total number of active participants reported on line 7a of the Form 55002017-01-01472
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-01430
Total of all active and inactive participants2017-01-01902
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01902
Number of participants with account balances2017-01-01846
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-01161
2016: SILVER STAR BRANDS 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-02-26708
Total number of active participants reported on line 7a of the Form 55002016-02-26546
Number of retired or separated participants receiving benefits2016-02-260
Number of other retired or separated participants entitled to future benefits2016-02-26339
Total of all active and inactive participants2016-02-26885
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-02-260
Total participants2016-02-26885
Number of participants with account balances2016-02-26844
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-02-26130

Financial Data on SILVER STAR BRANDS 401(K) PLAN

Measure Date Value
2023 : SILVER STAR BRANDS 401(K) PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-12-31$0
Total transfer of assets from this plan2023-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total income from all sources (including contributions)2023-12-31$5,787,481
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$3,155,137
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$3,003,294
Expenses. Certain deemed distributions of participant loans2023-12-31$28,275
Value of total corrective distributions2023-12-31$74
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$1,752,216
Value of total assets at end of year2023-12-31$24,794,394
Value of total assets at beginning of year2023-12-31$22,162,050
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$123,494
Total interest from all sources2023-12-31$9,339
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$694,242
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2023-12-31$694,242
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$1,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$1,245,234
Participant contributions at end of year2023-12-31$134,320
Income. Received or receivable in cash from other sources (including rollovers)2023-12-31$16,756
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-12-31$22,136,294
Other income not declared elsewhere2023-12-31$80,843
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$2,632,344
Value of net assets at end of year (total assets less liabilities)2023-12-31$24,794,394
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$22,162,050
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$22,811,731
Interest on participant loans2023-12-31$9,339
Value of interest in common/collective trusts at end of year2023-12-31$1,838,468
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$3,201,115
Net investment gain or loss from common/collective trusts2023-12-31$49,726
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$490,226
Employer contributions (assets) at end of year2023-12-31$9,875
Employer contributions (assets) at beginning of year2023-12-31$25,756
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$3,003,294
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2023-12-31410746749
2022 : SILVER STAR BRANDS 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$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$0
Total income from all sources (including contributions)2022-12-31$-4,020,490
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$5,748,604
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$5,622,414
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,713,208
Value of total assets at end of year2022-12-31$22,162,050
Value of total assets at beginning of year2022-12-31$31,931,144
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$126,190
Total interest from all sources2022-12-31$10,485
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$1,183,067
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$1,183,067
Administrative expenses professional fees incurred2022-12-31$8,925
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$3,000,000
If this is an individual account plan, was there a blackout period2022-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,203,154
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$254,393
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$32,473
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$22,136,294
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$0
Other income not declared elsewhere2022-12-31$1,255
Administrative expenses (other) incurred2022-12-31$69,189
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-9,769,094
Value of net assets at end of year (total assets less liabilities)2022-12-31$22,162,050
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$31,931,144
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
Investment advisory and management fees2022-12-31$48,076
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$29,497,441
Interest on participant loans2022-12-31$10,485
Value of interest in common/collective trusts at end of year2022-12-31$0
Value of interest in common/collective trusts at beginning of year2022-12-31$2,141,770
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-6,928,505
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 contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$477,581
Employer contributions (assets) at end of year2022-12-31$25,756
Employer contributions (assets) at beginning of year2022-12-31$37,540
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$5,622,414
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31Yes
Did the plan have assets held for investment2022-12-31No
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 name2022-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2022-12-31410746749
2021 : SILVER STAR BRANDS 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$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$5,944,999
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$2,542,697
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$2,433,530
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,770,457
Value of total assets at end of year2021-12-31$31,931,144
Value of total assets at beginning of year2021-12-31$28,528,842
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$109,167
Total interest from all sources2021-12-31$10,637
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$1,466,382
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$1,466,382
Administrative expenses professional fees incurred2021-12-31$8,295
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,229,538
Participant contributions at end of year2021-12-31$254,393
Participant contributions at beginning of year2021-12-31$194,428
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$37,151
Other income not declared elsewhere2021-12-31$14,278
Administrative expenses (other) incurred2021-12-31$42,746
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$3,402,302
Value of net assets at end of year (total assets less liabilities)2021-12-31$31,931,144
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$28,528,842
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
Investment advisory and management fees2021-12-31$58,126
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$29,497,441
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$26,050,902
Interest on participant loans2021-12-31$10,637
Value of interest in common/collective trusts at end of year2021-12-31$2,141,770
Value of interest in common/collective trusts at beginning of year2021-12-31$2,271,705
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$2,644,109
Net investment gain or loss from common/collective trusts2021-12-31$39,136
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 contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$503,768
Employer contributions (assets) at end of year2021-12-31$37,540
Employer contributions (assets) at beginning of year2021-12-31$11,807
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$2,433,530
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 name2021-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2021-12-31410746749
2020 : SILVER STAR BRANDS 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$5,808,291
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$2,285,940
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$2,174,456
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,815,054
Value of total assets at end of year2020-12-31$28,528,842
Value of total assets at beginning of year2020-12-31$25,006,491
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$111,484
Total interest from all sources2020-12-31$13,975
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$922,073
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$922,073
Administrative expenses professional fees incurred2020-12-31$63,075
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$1,049,352
Participant contributions at end of year2020-12-31$194,428
Participant contributions at beginning of year2020-12-31$256,564
Participant contributions at end of year2020-12-31$0
Participant contributions at beginning of year2020-12-31$29,745
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$339,899
Other income not declared elsewhere2020-12-31$37,791
Administrative expenses (other) incurred2020-12-31$48,409
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$3,522,351
Value of net assets at end of year (total assets less liabilities)2020-12-31$28,528,842
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$25,006,491
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$26,050,902
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$23,275,920
Interest on participant loans2020-12-31$13,975
Value of interest in common/collective trusts at end of year2020-12-31$2,271,705
Value of interest in common/collective trusts at beginning of year2020-12-31$1,421,283
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$2,976,040
Net investment gain or loss from common/collective trusts2020-12-31$43,358
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 contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$425,803
Employer contributions (assets) at end of year2020-12-31$11,807
Employer contributions (assets) at beginning of year2020-12-31$22,979
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$2,174,456
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 name2020-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2020-12-31410746749
2019 : SILVER STAR BRANDS 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$6,981,100
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$4,062,705
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$3,916,175
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,846,301
Value of total assets at end of year2019-12-31$25,006,491
Value of total assets at beginning of year2019-12-31$22,088,096
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$146,530
Total interest from all sources2019-12-31$13,740
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$943,631
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$943,631
Administrative expenses professional fees incurred2019-12-31$8,000
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$1,125,115
Participant contributions at end of year2019-12-31$256,564
Participant contributions at beginning of year2019-12-31$267,572
Participant contributions at end of year2019-12-31$29,745
Participant contributions at beginning of year2019-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$256,074
Other income not declared elsewhere2019-12-31$50,880
Administrative expenses (other) incurred2019-12-31$75,530
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$2,918,395
Value of net assets at end of year (total assets less liabilities)2019-12-31$25,006,491
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$22,088,096
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
Investment advisory and management fees2019-12-31$63,000
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$23,275,920
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$20,337,139
Interest on participant loans2019-12-31$13,740
Value of interest in common/collective trusts at end of year2019-12-31$1,421,283
Value of interest in common/collective trusts at beginning of year2019-12-31$1,466,778
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$4,094,113
Net investment gain or loss from common/collective trusts2019-12-31$32,435
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 contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$465,112
Employer contributions (assets) at end of year2019-12-31$22,979
Employer contributions (assets) at beginning of year2019-12-31$16,607
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$3,916,175
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 name2019-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2019-12-31410746749
2018 : SILVER STAR BRANDS 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$437,563
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$2,685,193
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$2,579,773
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,771,257
Value of total assets at end of year2018-12-31$22,088,096
Value of total assets at beginning of year2018-12-31$24,335,726
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$105,420
Total interest from all sources2018-12-31$14,755
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$1,355,514
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$1,355,514
Administrative expenses professional fees incurred2018-12-31$69,562
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$1,205,144
Participant contributions at end of year2018-12-31$267,572
Participant contributions at beginning of year2018-12-31$289,935
Participant contributions at end of year2018-12-31$0
Participant contributions at beginning of year2018-12-31$41,812
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$52,918
Other income not declared elsewhere2018-12-31$3,950
Administrative expenses (other) incurred2018-12-31$35,858
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-2,247,630
Value of net assets at end of year (total assets less liabilities)2018-12-31$22,088,096
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$24,335,726
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$20,337,139
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$22,640,461
Interest on participant loans2018-12-31$14,755
Value of interest in common/collective trusts at end of year2018-12-31$1,466,778
Value of interest in common/collective trusts at beginning of year2018-12-31$1,327,135
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-2,737,725
Net investment gain or loss from common/collective trusts2018-12-31$29,812
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
Contributions received in cash from employer2018-12-31$513,195
Employer contributions (assets) at end of year2018-12-31$16,607
Employer contributions (assets) at beginning of year2018-12-31$36,383
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$2,579,773
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31Yes
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 name2018-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2018-12-31410746749
2017 : SILVER STAR BRANDS 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$6,309,797
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$3,275,073
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$3,228,535
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$2,251,230
Value of total assets at end of year2017-12-31$24,335,726
Value of total assets at beginning of year2017-12-31$21,301,002
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$46,538
Total interest from all sources2017-12-31$13,413
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$903,987
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$903,987
Administrative expenses professional fees incurred2017-12-31$28,700
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$1,214,417
Participant contributions at end of year2017-12-31$289,935
Participant contributions at beginning of year2017-12-31$358,458
Participant contributions at end of year2017-12-31$41,812
Participant contributions at beginning of year2017-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$510,362
Other income not declared elsewhere2017-12-31$6,382
Administrative expenses (other) incurred2017-12-31$17,838
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$3,034,724
Value of net assets at end of year (total assets less liabilities)2017-12-31$24,335,726
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$21,301,002
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$22,640,461
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$19,441,977
Interest on participant loans2017-12-31$13,413
Value of interest in common/collective trusts at end of year2017-12-31$1,327,135
Value of interest in common/collective trusts at beginning of year2017-12-31$1,478,890
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$3,107,147
Net investment gain or loss from common/collective trusts2017-12-31$27,638
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 contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$526,451
Employer contributions (assets) at end of year2017-12-31$36,383
Employer contributions (assets) at beginning of year2017-12-31$21,677
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$3,228,535
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 name2017-12-31SCHENCK SC
Accountancy firm EIN2017-12-31391173131
2016 : SILVER STAR BRANDS 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$18,498,120
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$4,344,906
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$1,542,024
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$1,524,335
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,635,090
Value of total assets at end of year2016-12-31$21,301,002
Value of total assets at beginning of year2016-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$17,689
Total interest from all sources2016-12-31$13,954
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$654,851
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$654,851
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$1,090,668
Participant contributions at end of year2016-12-31$358,458
Participant contributions at beginning of year2016-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$69,972
Administrative expenses (other) incurred2016-12-31$17,689
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$2,802,882
Value of net assets at end of year (total assets less liabilities)2016-12-31$21,301,002
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$0
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$19,441,977
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$0
Interest on participant loans2016-12-31$13,954
Value of interest in common/collective trusts at end of year2016-12-31$1,478,890
Value of interest in common/collective trusts at beginning of year2016-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$2,015,058
Net investment gain or loss from common/collective trusts2016-12-31$25,953
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 contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$474,450
Employer contributions (assets) at end of year2016-12-31$21,677
Employer contributions (assets) at beginning of year2016-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$1,524,335
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 name2016-12-31SCHENCK SC
Accountancy firm EIN2016-12-31391173131

Form 5500 Responses for SILVER STAR BRANDS 401(K) PLAN

2023: SILVER STAR BRANDS 401(K) PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: SILVER STAR BRANDS 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: SILVER STAR BRANDS 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: SILVER STAR BRANDS 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SILVER STAR BRANDS 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: SILVER STAR BRANDS 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: SILVER STAR BRANDS 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: SILVER STAR BRANDS 401(K) PLAN 2016 form 5500 responses
2016-02-26Type of plan entitySingle employer plan
2016-02-26First time form 5500 has been submittedYes
2016-02-26Submission has been amendedNo
2016-02-26This submission is the final filingNo
2016-02-26This return/report is a short plan year return/report (less than 12 months)Yes
2016-02-26Plan is a collectively bargained planNo
2016-02-26Plan funding arrangement – TrustYes
2016-02-26Plan benefit arrangement - TrustYes

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