THE ARCTICOM GROUP has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE ARCTICOM GROUP, LLC 401(K) PLAN
Measure | Date | Value |
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2022 : THE ARCTICOM GROUP, LLC 401(K) PLAN 2022 401k financial data |
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Total income from all sources (including contributions) | 2022-12-31 | $2,904,018 |
Total of all expenses incurred | 2022-12-31 | $1,085,045 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $959,317 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $55,070 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $5,751,158 |
Value of total assets at end of year | 2022-12-31 | $20,866,342 |
Value of total assets at beginning of year | 2022-12-31 | $19,047,369 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $70,658 |
Total interest from all sources | 2022-12-31 | $12,539 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Administrative expenses professional fees incurred | 2022-12-31 | $70,658 |
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 | $2,425,545 |
Participant contributions at end of year | 2022-12-31 | $459,538 |
Participant contributions at beginning of year | 2022-12-31 | $240,195 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $2,408,508 |
Total non interest bearing cash at end of year | 2022-12-31 | $29,767 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $10,570 |
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 | $1,818,973 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $20,866,342 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $19,047,369 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $20,377,037 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $18,796,604 |
Interest on participant loans | 2022-12-31 | $12,539 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,859,679 |
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 | $917,105 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $959,317 |
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 |
2021 : THE ARCTICOM GROUP, LLC 401(K) PLAN 2021 401k financial data |
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Total transfer of assets to this plan | 2021-12-31 | $439,751 |
Total income from all sources (including contributions) | 2021-12-31 | $4,980,076 |
Total of all expenses incurred | 2021-12-31 | $3,097,283 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $2,999,533 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $13,478 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $2,538,986 |
Value of total assets at end of year | 2021-12-31 | $19,047,369 |
Value of total assets at beginning of year | 2021-12-31 | $16,724,825 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $84,272 |
Total interest from all sources | 2021-12-31 | $9,965 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Administrative expenses professional fees incurred | 2021-12-31 | $84,272 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $1,829,805 |
Participant contributions at end of year | 2021-12-31 | $240,195 |
Participant contributions at beginning of year | 2021-12-31 | $216,204 |
Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $0 |
Total non interest bearing cash at end of year | 2021-12-31 | $10,570 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $10,663 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $1,882,793 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $19,047,369 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $16,724,825 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $18,796,604 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $16,497,958 |
Interest on participant loans | 2021-12-31 | $9,965 |
Assets. Value of investments in 103.12 investment entities at beginning of year | 2021-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $2,431,125 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Assets. Invements in employer securities at beginning of year | 2021-12-31 | $0 |
Assets. Value of employer real property at beginning of year | 2021-12-31 | $0 |
Contributions received in cash from employer | 2021-12-31 | $709,181 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $2,999,533 |
Assets. Value of buildings and other operty used in plan operation at beginning of year | 2021-12-31 | $0 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
2020 : THE ARCTICOM GROUP, LLC 401(K) PLAN 2020 401k financial data |
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Total transfer of assets to this plan | 2020-12-31 | $2,612,132 |
Total income from all sources (including contributions) | 2020-12-31 | $4,539,872 |
Total of all expenses incurred | 2020-12-31 | $668,273 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $564,036 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $54,313 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $2,047,897 |
Value of total assets at end of year | 2020-12-31 | $16,724,825 |
Value of total assets at beginning of year | 2020-12-31 | $10,241,094 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $49,924 |
Total interest from all sources | 2020-12-31 | $10,760 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Administrative expenses professional fees incurred | 2020-12-31 | $49,924 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $1,411,227 |
Participant contributions at end of year | 2020-12-31 | $216,204 |
Participant contributions at beginning of year | 2020-12-31 | $228,149 |
Assets. Other investments not covered elsewhere at end of year | 2020-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2020-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $131,705 |
Total non interest bearing cash at end of year | 2020-12-31 | $10,663 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $6,420 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $3,871,599 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $16,724,825 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $10,241,094 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $16,497,958 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $10,006,525 |
Interest on participant loans | 2020-12-31 | $10,760 |
Assets. Value of investments in 103.12 investment entities at end of year | 2020-12-31 | $0 |
Assets. Value of investments in 103.12 investment entities at beginning of year | 2020-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $2,481,215 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Assets. Invements in employer securities at end of year | 2020-12-31 | $0 |
Assets. Invements in employer securities at beginning of year | 2020-12-31 | $0 |
Assets. Value of employer real property at end of year | 2020-12-31 | $0 |
Assets. Value of employer real property at beginning of year | 2020-12-31 | $0 |
Contributions received in cash from employer | 2020-12-31 | $504,965 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $564,036 |
Assets. Value of buildings and other operty used in plan operation at end of year | 2020-12-31 | $0 |
Assets. Value of buildings and other operty used in plan operation at beginning of year | 2020-12-31 | $0 |
Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
2019 : THE ARCTICOM GROUP, LLC 401(K) PLAN 2019 401k financial data |
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Total transfer of assets to this plan | 2019-12-31 | $9,225,445 |
Total income from all sources (including contributions) | 2019-12-31 | $1,188,968 |
Total of all expenses incurred | 2019-12-31 | $173,319 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $158,988 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $11,582 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $561,629 |
Value of total assets at end of year | 2019-12-31 | $10,241,094 |
Value of total assets at beginning of year | 2019-12-31 | $0 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $2,749 |
Total income from rents | 2019-12-31 | $0 |
Total interest from all sources | 2019-12-31 | $7,645 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $418,388 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $418,388 |
Administrative expenses professional fees incurred | 2019-12-31 | $2,749 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $396,445 |
Participant contributions at end of year | 2019-12-31 | $228,149 |
Participant contributions at end of year | 2019-12-31 | $27,639 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $36,623 |
Total non interest bearing cash at end of year | 2019-12-31 | $6,420 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $1,015,649 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $10,241,094 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $0 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $10,006,525 |
Interest on participant loans | 2019-12-31 | $7,645 |
Interest earned on other investments | 2019-12-31 | $10,798 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $189,221 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $619,694 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $128,561 |
Employer contributions (assets) at end of year | 2019-12-31 | $197,269 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $158,988 |
Contract administrator fees | 2019-12-31 | $43,573 |
Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Unqualified |
Accountancy firm name | 2019-12-31 | RSM-US LLP |
Accountancy firm EIN | 2019-12-31 | 420714325 |