PLAN PROFESSIONALS, LLC has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2023 : YOUR 401(K) PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total transfer of assets to this plan | 2023-12-31 | $13,886,114 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $3,560 |
| 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 | $15,566,697 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $4,594,718 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $4,229,660 |
| Expenses. Certain deemed distributions of participant loans | 2023-12-31 | $113,866 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $11,480,128 |
| Value of total assets at end of year | 2023-12-31 | $34,755,858 |
| Value of total assets at beginning of year | 2023-12-31 | $9,894,205 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $251,192 |
| Total interest from all sources | 2023-12-31 | $18,209 |
| 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 | $7,631,451 |
| Participant contributions at end of year | 2023-12-31 | $269,253 |
| Participant contributions at beginning of year | 2023-12-31 | $212,567 |
| Participant contributions at end of year | 2023-12-31 | $43,724 |
| Participant contributions at beginning of year | 2023-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $1,599,788 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2023-12-31 | $1,675 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-12-31 | $3,560 |
| Other income not declared elsewhere | 2023-12-31 | $42,435 |
| 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 | $10,971,979 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $34,752,298 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $9,894,205 |
| 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 |
| Investment advisory and management fees | 2023-12-31 | $251,192 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $34,259,868 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $9,677,184 |
| Interest on participant loans | 2023-12-31 | $18,209 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $164,256 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $4,454 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $4,025,925 |
| 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 | $2,248,889 |
| Employer contributions (assets) at end of year | 2023-12-31 | $18,757 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $4,227,985 |
| 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 | BD & COMPANY |
| Accountancy firm EIN | 2023-12-31 | 451135289 |
| 2022 : YOUR 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 | $7,833,296 |
| 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 | $2,849,101 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $712,813 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $677,594 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,599,247 |
| Value of total assets at end of year | 2022-12-31 | $9,969,584 |
| Value of total assets at beginning of year | 2022-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $35,219 |
| Total interest from all sources | 2022-12-31 | $6,472 |
| 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 | $1,675,149 |
| Participant contributions at end of year | 2022-12-31 | $212,567 |
| Participant contributions at end of year | 2022-12-31 | $9,681,638 |
| Participant contributions at beginning of year | 2022-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $447,692 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $75,379 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $0 |
| Other income not declared elsewhere | 2022-12-31 | $273,449 |
| 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 | $2,136,288 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $9,969,584 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $0 |
| 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 | $9,677,184 |
| Interest on participant loans | 2022-12-31 | $6,472 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $4,454 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-41,817 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-30,067 |
| 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 | $476,406 |
| Employer contributions (assets) at end of year | 2022-12-31 | $212,567 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $677,594 |
| Contract administrator fees | 2022-12-31 | $35,219 |
| 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 | BD & COMPANY |
| Accountancy firm EIN | 2022-12-31 | 489651235 |
