JANEL CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE JANEL CORPORATION 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : THE JANEL CORPORATION 401(K) PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-09-30 | $0 |
| Total transfer of assets to this plan | 2023-09-30 | $2,409,864 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-09-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-09-30 | $0 |
| Total income from all sources (including contributions) | 2023-09-30 | $4,395,077 |
| Total loss/gain on sale of assets | 2023-09-30 | $0 |
| Total of all expenses incurred | 2023-09-30 | $1,177,606 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-09-30 | $1,153,880 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-09-30 | $2,260,210 |
| Value of total assets at end of year | 2023-09-30 | $19,544,933 |
| Value of total assets at beginning of year | 2023-09-30 | $13,917,598 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-09-30 | $23,726 |
| Total interest from all sources | 2023-09-30 | $4,050 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-09-30 | $498,774 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-09-30 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-09-30 | $498,774 |
| Administrative expenses professional fees incurred | 2023-09-30 | $23,726 |
| Was this plan covered by a fidelity bond | 2023-09-30 | Yes |
| Value of fidelity bond cover | 2023-09-30 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-09-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-09-30 | No |
| Contributions received from participants | 2023-09-30 | $1,648,384 |
| Participant contributions at end of year | 2023-09-30 | $130,904 |
| Participant contributions at beginning of year | 2023-09-30 | $26,088 |
| Participant contributions at end of year | 2023-09-30 | $22,368 |
| Participant contributions at beginning of year | 2023-09-30 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2023-09-30 | $32,676 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-09-30 | $27,131 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-09-30 | $48,316 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-09-30 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-09-30 | $0 |
| Other income not declared elsewhere | 2023-09-30 | $596 |
| Total non interest bearing cash at end of year | 2023-09-30 | $812 |
| Total non interest bearing cash at beginning of year | 2023-09-30 | $3,695 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-09-30 | No |
| Value of net income/loss | 2023-09-30 | $3,217,471 |
| Value of net assets at end of year (total assets less liabilities) | 2023-09-30 | $19,544,933 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-09-30 | $13,917,598 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-09-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-09-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-09-30 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-09-30 | $19,322,136 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-09-30 | $13,837,482 |
| Interest on participant loans | 2023-09-30 | $4,050 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-09-30 | $1,631,447 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-09-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-09-30 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2023-09-30 | No |
| Contributions received in cash from employer | 2023-09-30 | $563,510 |
| Employer contributions (assets) at end of year | 2023-09-30 | $36,037 |
| Employer contributions (assets) at beginning of year | 2023-09-30 | $23,202 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-09-30 | $1,153,880 |
| Did the plan have assets held for investment | 2023-09-30 | 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 | 2023-09-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-09-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-09-30 | Unqualified |
| Accountancy firm name | 2023-09-30 | MCSOLEY MCCOY & CO. |
| Accountancy firm EIN | 2023-09-30 | 030327374 |
| 2022 : THE JANEL CORPORATION 401(K) PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-09-30 | $0 |
| Total transfer of assets to this plan | 2022-09-30 | $116,232 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-09-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-09-30 | $0 |
| Total income from all sources (including contributions) | 2022-09-30 | $-1,367,302 |
| Total loss/gain on sale of assets | 2022-09-30 | $0 |
| Total of all expenses incurred | 2022-09-30 | $1,370,618 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-09-30 | $1,343,444 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-09-30 | $1,737,190 |
| Value of total assets at end of year | 2022-09-30 | $13,917,598 |
| Value of total assets at beginning of year | 2022-09-30 | $16,539,286 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-09-30 | $27,174 |
| Total interest from all sources | 2022-09-30 | $1,801 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-09-30 | $654,750 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-09-30 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-09-30 | $654,750 |
| Administrative expenses professional fees incurred | 2022-09-30 | $27,174 |
| Was this plan covered by a fidelity bond | 2022-09-30 | Yes |
| Value of fidelity bond cover | 2022-09-30 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-09-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-09-30 | No |
| Contributions received from participants | 2022-09-30 | $1,238,529 |
| Participant contributions at end of year | 2022-09-30 | $26,088 |
| Participant contributions at beginning of year | 2022-09-30 | $83,767 |
| Participant contributions at end of year | 2022-09-30 | $0 |
| Participant contributions at beginning of year | 2022-09-30 | $175 |
| Assets. Other investments not covered elsewhere at end of year | 2022-09-30 | $27,131 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-09-30 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-09-30 | $129,987 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-09-30 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-09-30 | $1,175 |
| Other income not declared elsewhere | 2022-09-30 | $-18,149 |
| Total non interest bearing cash at end of year | 2022-09-30 | $3,695 |
| Total non interest bearing cash at beginning of year | 2022-09-30 | $15,714 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-09-30 | No |
| Value of net income/loss | 2022-09-30 | $-2,737,920 |
| Value of net assets at end of year (total assets less liabilities) | 2022-09-30 | $13,917,598 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-09-30 | $16,539,286 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-09-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-09-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-09-30 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-09-30 | $13,837,482 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-09-30 | $16,424,071 |
| Interest on participant loans | 2022-09-30 | $1,801 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-09-30 | $-3,742,894 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-09-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-09-30 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-09-30 | No |
| Contributions received in cash from employer | 2022-09-30 | $368,674 |
| Employer contributions (assets) at end of year | 2022-09-30 | $23,202 |
| Employer contributions (assets) at beginning of year | 2022-09-30 | $14,384 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-09-30 | $1,343,444 |
| Did the plan have assets held for investment | 2022-09-30 | 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 | 2022-09-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-09-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-09-30 | Unqualified |
| Accountancy firm name | 2022-09-30 | MCSOLEY MCCOY & CO. |
| Accountancy firm EIN | 2022-09-30 | 030327374 |
| 2021 : THE JANEL CORPORATION 401(K) PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-09-30 | $0 |
| Total transfer of assets to this plan | 2021-09-30 | $708,845 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-09-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-09-30 | $0 |
| Total income from all sources (including contributions) | 2021-09-30 | $4,791,784 |
| Total loss/gain on sale of assets | 2021-09-30 | $0 |
| Total of all expenses incurred | 2021-09-30 | $2,642,640 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-09-30 | $2,626,060 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-09-30 | $1,646,201 |
| Value of total assets at end of year | 2021-09-30 | $16,539,286 |
| Value of total assets at beginning of year | 2021-09-30 | $13,681,297 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-09-30 | $16,580 |
| Total interest from all sources | 2021-09-30 | $3,042 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-09-30 | $414,698 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-09-30 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-09-30 | $414,698 |
| Administrative expenses professional fees incurred | 2021-09-30 | $16,580 |
| Was this plan covered by a fidelity bond | 2021-09-30 | Yes |
| Value of fidelity bond cover | 2021-09-30 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-09-30 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-09-30 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-09-30 | No |
| Contributions received from participants | 2021-09-30 | $1,021,928 |
| Participant contributions at end of year | 2021-09-30 | $83,767 |
| Participant contributions at beginning of year | 2021-09-30 | $35,145 |
| Participant contributions at end of year | 2021-09-30 | $175 |
| Participant contributions at beginning of year | 2021-09-30 | $22,448 |
| Assets. Other investments not covered elsewhere at end of year | 2021-09-30 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2021-09-30 | $5,007 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-09-30 | $322,494 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-09-30 | $1,175 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-09-30 | $1,327 |
| Other income not declared elsewhere | 2021-09-30 | $667 |
| Total non interest bearing cash at end of year | 2021-09-30 | $15,714 |
| Total non interest bearing cash at beginning of year | 2021-09-30 | $3,336 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-09-30 | No |
| Value of net income/loss | 2021-09-30 | $2,149,144 |
| Value of net assets at end of year (total assets less liabilities) | 2021-09-30 | $16,539,286 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-09-30 | $13,681,297 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-09-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-09-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-09-30 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-09-30 | $16,424,071 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-09-30 | $13,596,220 |
| Interest on participant loans | 2021-09-30 | $3,042 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-09-30 | $2,727,176 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-09-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-09-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-09-30 | No |
| Contributions received in cash from employer | 2021-09-30 | $301,779 |
| Employer contributions (assets) at end of year | 2021-09-30 | $14,384 |
| Employer contributions (assets) at beginning of year | 2021-09-30 | $17,814 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-09-30 | $2,626,060 |
| Did the plan have assets held for investment | 2021-09-30 | 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 | 2021-09-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-09-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-09-30 | Disclaimer |
| Accountancy firm name | 2021-09-30 | MCSOLEY MCCOY & CO. |
| Accountancy firm EIN | 2021-09-30 | 030327374 |
| 2020 : THE JANEL CORPORATION 401(K) PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-09-30 | $0 |
| Total transfer of assets to this plan | 2020-09-30 | $792,200 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-09-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-09-30 | $0 |
| Total income from all sources (including contributions) | 2020-09-30 | $2,346,890 |
| Total loss/gain on sale of assets | 2020-09-30 | $0 |
| Total of all expenses incurred | 2020-09-30 | $1,988,909 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-09-30 | $1,974,056 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-09-30 | $1,267,661 |
| Value of total assets at end of year | 2020-09-30 | $13,681,297 |
| Value of total assets at beginning of year | 2020-09-30 | $12,531,116 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-09-30 | $14,853 |
| Total interest from all sources | 2020-09-30 | $1,401 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-09-30 | $380,126 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-09-30 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-09-30 | $380,126 |
| Administrative expenses professional fees incurred | 2020-09-30 | $14,220 |
| Was this plan covered by a fidelity bond | 2020-09-30 | Yes |
| Value of fidelity bond cover | 2020-09-30 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-09-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-09-30 | No |
| Contributions received from participants | 2020-09-30 | $884,926 |
| Participant contributions at end of year | 2020-09-30 | $35,145 |
| Participant contributions at beginning of year | 2020-09-30 | $80,077 |
| Participant contributions at end of year | 2020-09-30 | $22,448 |
| Participant contributions at beginning of year | 2020-09-30 | $8,113 |
| Assets. Other investments not covered elsewhere at end of year | 2020-09-30 | $5,007 |
| Assets. Other investments not covered elsewhere at beginning of year | 2020-09-30 | $7,783 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-09-30 | $116,906 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-09-30 | $1,327 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-09-30 | $2,303 |
| Other income not declared elsewhere | 2020-09-30 | $64 |
| Total non interest bearing cash at end of year | 2020-09-30 | $3,336 |
| Total non interest bearing cash at beginning of year | 2020-09-30 | $100 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-09-30 | No |
| Value of net income/loss | 2020-09-30 | $357,981 |
| Value of net assets at end of year (total assets less liabilities) | 2020-09-30 | $13,681,297 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-09-30 | $12,531,116 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-09-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-09-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-09-30 | No |
| Investment advisory and management fees | 2020-09-30 | $633 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-09-30 | $13,596,220 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-09-30 | $12,386,292 |
| Interest on participant loans | 2020-09-30 | $1,401 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-09-30 | $697,638 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-09-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-09-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-09-30 | No |
| Contributions received in cash from employer | 2020-09-30 | $265,829 |
| Employer contributions (assets) at end of year | 2020-09-30 | $17,814 |
| Employer contributions (assets) at beginning of year | 2020-09-30 | $46,448 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-09-30 | $1,974,056 |
| Did the plan have assets held for investment | 2020-09-30 | 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 | 2020-09-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-09-30 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2020-09-30 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2020-09-30 | Disclaimer |
| Accountancy firm name | 2020-09-30 | MCSOLEY MCCOY & CO. |
| Accountancy firm EIN | 2020-09-30 | 030327374 |
