THE SOCIETY MODEL MANAGEMENT, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE SOCIETY MODEL MANAGEMENT 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : THE SOCIETY MODEL MANAGEMENT 401(K) PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $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 | $1,681,466 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $557,107 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $547,285 |
| Expenses. Certain deemed distributions of participant loans | 2023-12-31 | $7,850 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $823,652 |
| Value of total assets at end of year | 2023-12-31 | $5,799,530 |
| Value of total assets at beginning of year | 2023-12-31 | $4,675,171 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $1,972 |
| Total interest from all sources | 2023-12-31 | $6,514 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $446,182 |
| Participant contributions at end of year | 2023-12-31 | $126,962 |
| Participant contributions at beginning of year | 2023-12-31 | $73,027 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $115,335 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $1,124,359 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $5,799,530 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $4,675,171 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $5,672,568 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $4,602,144 |
| Interest on participant loans | 2023-12-31 | $6,514 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $851,300 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $262,135 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $547,285 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | WITHUM SMITH & BROWN, PC |
| Accountancy firm EIN | 2023-12-31 | 222027092 |
| 2022 : THE SOCIETY MODEL MANAGEMENT 401(K) PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total transfer of assets to this plan | 2022-12-31 | $607,966 |
| 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 | $-190,262 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $490,342 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $483,437 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $4,885 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $802,923 |
| Value of total assets at end of year | 2022-12-31 | $4,675,171 |
| Value of total assets at beginning of year | 2022-12-31 | $4,747,809 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $2,020 |
| Total interest from all sources | 2022-12-31 | $2,981 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $498,626 |
| Participant contributions at end of year | 2022-12-31 | $73,027 |
| Participant contributions at beginning of year | 2022-12-31 | $69,257 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $16,177 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-680,604 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $4,675,171 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $4,747,809 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $2,020 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $4,602,144 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $4,678,552 |
| Interest on participant loans | 2022-12-31 | $2,981 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-996,166 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $288,120 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $483,437 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | WITHUM SMITH & BROWN, PC |
| Accountancy firm EIN | 2022-12-31 | 222027092 |
