HB ADMINISTRATION, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan HAKES BROTHERS, LLC 401(K) PROFIT-SHARING PLAN AND TRUST
401k plan membership statisitcs for HAKES BROTHERS, LLC 401(K) PROFIT-SHARING PLAN AND TRUST
Measure | Date | Value |
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2023 : HAKES BROTHERS, LLC 401(K) PROFIT-SHARING PLAN AND TRUST 2023 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
Total transfer of assets to this plan | 2023-12-31 | $0 |
Total transfer of assets from this plan | 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 | $3,692,056 |
Total loss/gain on sale of assets | 2023-12-31 | $0 |
Total of all expenses incurred | 2023-12-31 | $868,029 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $838,244 |
Value of total corrective distributions | 2023-12-31 | $4,147 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,810,242 |
Value of total assets at end of year | 2023-12-31 | $7,796,801 |
Value of total assets at beginning of year | 2023-12-31 | $4,972,774 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $25,638 |
Total interest from all sources | 2023-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $120,010 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $120,010 |
Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
Value of fidelity bond cover | 2023-12-31 | $498,000 |
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 | $668,875 |
Assets. Other investments not covered elsewhere at end of year | 2023-12-31 | $1,026,088 |
Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $43,239 |
Other income not declared elsewhere | 2023-12-31 | $1,007,707 |
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 | $2,824,027 |
Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $7,796,801 |
Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $4,972,774 |
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 registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $5,915,221 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $4,351,774 |
Value of interest in common/collective trusts at end of year | 2023-12-31 | $855,492 |
Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $621,000 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $734,469 |
Net investment gain or loss from common/collective trusts | 2023-12-31 | $19,628 |
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 | $1,098,128 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $838,244 |
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 | BEASLEY, MITCHELL & CO, LLP. |
Accountancy firm EIN | 2023-12-31 | 850366848 |