ZEMITEK, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan ZEMITEK 401(K) RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2023 : ZEMITEK 401(K) RETIREMENT PLAN 2023 401k financial data |
|---|
| Total income from all sources (including contributions) | 2023-12-31 | $2,165,762 |
| Total of all expenses incurred | 2023-12-31 | $788,465 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $779,077 |
| Value of total corrective distributions | 2023-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,564,439 |
| Value of total assets at end of year | 2023-12-31 | $4,527,930 |
| Value of total assets at beginning of year | 2023-12-31 | $3,150,633 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $9,388 |
| Total interest from all sources | 2023-12-31 | $2,447 |
| 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 | $1,000,000 |
| 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 | $868,719 |
| Participant contributions at end of year | 2023-12-31 | $65,018 |
| Participant contributions at beginning of year | 2023-12-31 | $32,691 |
| Participant contributions at end of year | 2023-12-31 | $0 |
| Participant contributions at beginning of year | 2023-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $65,907 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2023-12-31 | $756 |
| 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 |
| Income. Non cash contributions | 2023-12-31 | $0 |
| Value of net income/loss | 2023-12-31 | $1,377,297 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $4,527,930 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $3,150,633 |
| 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 | $4,149,842 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $2,856,517 |
| Interest on participant loans | 2023-12-31 | $2,447 |
| Interest earned on other investments | 2023-12-31 | $0 |
| Value of interest in master investment trust accounts at end of year | 2023-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $0 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $598,876 |
| 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 | Yes |
| 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 | $629,813 |
| Employer contributions (assets) at end of year | 2023-12-31 | $313,070 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $261,425 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $778,321 |
| Contract administrator fees | 2023-12-31 | $9,388 |
| 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 | APRIO, LLP |
| Accountancy firm EIN | 2023-12-31 | 571157523 |
| Total income from all sources (including contributions) | 2023-01-01 | $2,165,762 |
| Total of all expenses incurred | 2023-01-01 | $788,465 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $779,077 |
| Value of total corrective distributions | 2023-01-01 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,564,439 |
| Value of total assets at end of year | 2023-01-01 | $4,527,930 |
| Value of total assets at beginning of year | 2023-01-01 | $3,150,633 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $9,388 |
| Total interest from all sources | 2023-01-01 | $2,447 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $868,719 |
| Participant contributions at end of year | 2023-01-01 | $65,018 |
| Participant contributions at beginning of year | 2023-01-01 | $32,691 |
| Participant contributions at end of year | 2023-01-01 | $0 |
| Participant contributions at beginning of year | 2023-01-01 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $65,907 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2023-01-01 | $756 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Income. Non cash contributions | 2023-01-01 | $0 |
| Value of net income/loss | 2023-01-01 | $1,377,297 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $4,527,930 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $3,150,633 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in pooled separate accounts at end of year | 2023-01-01 | $4,149,842 |
| Value of interest in pooled separate accounts at beginning of year | 2023-01-01 | $2,856,517 |
| Interest on participant loans | 2023-01-01 | $2,447 |
| Interest earned on other investments | 2023-01-01 | $0 |
| Value of interest in master investment trust accounts at end of year | 2023-01-01 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $0 |
| Net investment gain/loss from pooled separate accounts | 2023-01-01 | $598,876 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $629,813 |
| Employer contributions (assets) at end of year | 2023-01-01 | $313,070 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $261,425 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $778,321 |
| Contract administrator fees | 2023-01-01 | $9,388 |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | APRIO, LLP |
| Accountancy firm EIN | 2023-01-01 | 571157523 |
| 2022 : ZEMITEK 401(K) RETIREMENT PLAN 2022 401k financial data |
|---|
| Total transfer of assets to this plan | 2022-01-01 | $0 |
| Total transfer of assets from this plan | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $1,078,362 |
| Total of all expenses incurred | 2022-01-01 | $86,754 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $81,165 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,530,633 |
| Value of total assets at end of year | 2022-01-01 | $3,150,633 |
| Value of total assets at beginning of year | 2022-01-01 | $2,159,025 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $5,589 |
| Total interest from all sources | 2022-01-01 | $1,927 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Administrative expenses professional fees incurred | 2022-01-01 | $5,589 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $733,270 |
| Participant contributions at end of year | 2022-01-01 | $32,691 |
| Participant contributions at beginning of year | 2022-01-01 | $44,931 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $257,299 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $991,608 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $3,150,633 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $2,159,025 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $2,856,517 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $1,941,251 |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $2,856,517 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $1,941,251 |
| Interest on participant loans | 2022-01-01 | $1,927 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-454,198 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $540,064 |
| Employer contributions (assets) at end of year | 2022-01-01 | $261,425 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $172,843 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $81,165 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | APRIO, LLP |
| Accountancy firm EIN | 2022-01-01 | 571157523 |
