Plan Name | SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN |
Plan identification number | 003 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
|
Company Name: | SOMERSET CPAS, P.C. |
Employer identification number (EIN): | 201717681 |
NAIC Classification: | 541211 |
NAIC Description: | Offices of Certified Public Accountants |
Additional information about SOMERSET CPAS, P.C.
Jurisdiction of Incorporation: | Texas Secretary of State |
Incorporation Date: | 2018-04-19 |
Company Identification Number: | 0802993529 |
Legal Registered Office Address: |
3925 RIVER CROSSING PKWY STE 100 INDIANAPOLIS United States of America (USA) 46240 |
More information about SOMERSET CPAS, P.C.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
003 | 2022-01-01 | ||||
003 | 2021-01-01 | ||||
003 | 2020-01-01 | ||||
003 | 2019-01-01 | ||||
003 | 2018-01-01 | ||||
003 | 2017-01-01 | JEREMY COLE | |||
003 | 2016-01-01 | JEREMY COLE | |||
003 | 2015-01-01 | JEREMY COLE | |||
003 | 2014-01-01 | DONNA BUTLER | |||
003 | 2013-01-01 | DEBORAH A. WILLIAMS | |||
003 | 2012-01-01 | DEBORAH A. WILLIAMS | |||
003 | 2011-01-01 | DEBORAH A. WILLIAMS | |||
003 | 2009-01-01 | DEBORAH WILLIAMS |
Measure | Date | Value |
---|---|---|
2022: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2022 401k membership | ||
Total participants, beginning-of-year | 2022-01-01 | 280 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 262 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 49 |
Total of all active and inactive participants | 2022-01-01 | 311 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
Total participants | 2022-01-01 | 311 |
Number of participants with account balances | 2022-01-01 | 300 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 1 |
2021: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2021 401k membership | ||
Total participants, beginning-of-year | 2021-01-01 | 251 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 233 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 47 |
Total of all active and inactive participants | 2021-01-01 | 280 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
Total participants | 2021-01-01 | 280 |
Number of participants with account balances | 2021-01-01 | 276 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 16 |
2020: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2020 401k membership | ||
Total participants, beginning-of-year | 2020-01-01 | 244 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 192 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 1 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 47 |
Total of all active and inactive participants | 2020-01-01 | 240 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 0 |
Total participants | 2020-01-01 | 240 |
Number of participants with account balances | 2020-01-01 | 235 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 21 |
2019: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2019 401k membership | ||
Total participants, beginning-of-year | 2019-01-01 | 223 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 203 |
Number of retired or separated participants receiving benefits | 2019-01-01 | 2 |
Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 39 |
Total of all active and inactive participants | 2019-01-01 | 244 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 0 |
Total participants | 2019-01-01 | 244 |
Number of participants with account balances | 2019-01-01 | 238 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 15 |
2018: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2018 401k membership | ||
Total participants, beginning-of-year | 2018-01-01 | 208 |
Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 190 |
Number of retired or separated participants receiving benefits | 2018-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 31 |
Total of all active and inactive participants | 2018-01-01 | 221 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 0 |
Total participants | 2018-01-01 | 221 |
Number of participants with account balances | 2018-01-01 | 212 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-01-01 | 14 |
2017: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2017 401k membership | ||
Total participants, beginning-of-year | 2017-01-01 | 204 |
Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 180 |
Number of retired or separated participants receiving benefits | 2017-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 25 |
Total of all active and inactive participants | 2017-01-01 | 205 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 0 |
Total participants | 2017-01-01 | 205 |
Number of participants with account balances | 2017-01-01 | 203 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 7 |
2016: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2016 401k membership | ||
Total participants, beginning-of-year | 2016-01-01 | 191 |
Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 167 |
Number of retired or separated participants receiving benefits | 2016-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 28 |
Total of all active and inactive participants | 2016-01-01 | 195 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 0 |
Total participants | 2016-01-01 | 195 |
Number of participants with account balances | 2016-01-01 | 189 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 17 |
2015: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2015 401k membership | ||
Total participants, beginning-of-year | 2015-01-01 | 188 |
Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 166 |
Number of retired or separated participants receiving benefits | 2015-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 20 |
Total of all active and inactive participants | 2015-01-01 | 186 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 0 |
Total participants | 2015-01-01 | 186 |
Number of participants with account balances | 2015-01-01 | 185 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-01-01 | 23 |
2014: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2014 401k membership | ||
Total participants, beginning-of-year | 2014-01-01 | 180 |
Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 163 |
Number of retired or separated participants receiving benefits | 2014-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 23 |
Total of all active and inactive participants | 2014-01-01 | 186 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 0 |
Total participants | 2014-01-01 | 186 |
Number of participants with account balances | 2014-01-01 | 183 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 22 |
2013: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2013 401k membership | ||
Total participants, beginning-of-year | 2013-01-01 | 163 |
Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 164 |
Number of retired or separated participants receiving benefits | 2013-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 15 |
Total of all active and inactive participants | 2013-01-01 | 179 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 0 |
Total participants | 2013-01-01 | 179 |
Number of participants with account balances | 2013-01-01 | 158 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 12 |
2012: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2012 401k membership | ||
Total participants, beginning-of-year | 2012-01-01 | 141 |
Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 146 |
Number of retired or separated participants receiving benefits | 2012-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 17 |
Total of all active and inactive participants | 2012-01-01 | 163 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 0 |
Total participants | 2012-01-01 | 163 |
Number of participants with account balances | 2012-01-01 | 148 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 6 |
2011: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2011 401k membership | ||
Total participants, beginning-of-year | 2011-01-01 | 149 |
Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 122 |
Number of retired or separated participants receiving benefits | 2011-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 17 |
Total of all active and inactive participants | 2011-01-01 | 139 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 0 |
Total participants | 2011-01-01 | 139 |
Number of participants with account balances | 2011-01-01 | 132 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 5 |
2009: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2009 401k membership | ||
Total participants, beginning-of-year | 2009-01-01 | 152 |
Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 116 |
Number of retired or separated participants receiving benefits | 2009-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 34 |
Total of all active and inactive participants | 2009-01-01 | 150 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 0 |
Total participants | 2009-01-01 | 150 |
Number of participants with account balances | 2009-01-01 | 150 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 3 |
Measure | Date | Value |
---|---|---|
2022 : SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2022 401k financial data | ||
Unrealized appreciation/depreciation of real estate assets | 2022-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-807,158 |
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-807,158 |
Total transfer of assets to this plan | 2022-12-31 | $0 |
Total transfer of assets from this plan | 2022-12-31 | $0 |
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 |
Expenses. Interest paid | 2022-12-31 | $0 |
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-3,320,142 |
Total loss/gain on sale of assets | 2022-12-31 | $-14,671 |
Total of all expenses incurred | 2022-12-31 | $4,499,080 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $4,495,798 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $0 |
Value of total corrective distributions | 2022-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $4,969,278 |
Value of total assets at end of year | 2022-12-31 | $53,499,267 |
Value of total assets at beginning of year | 2022-12-31 | $61,318,489 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $3,282 |
Total income from rents | 2022-12-31 | $0 |
Total interest from all sources | 2022-12-31 | $47,972 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $1,542,713 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $1,501,165 |
Assets. Real estate other than employer real property at end of year | 2022-12-31 | $0 |
Assets. Real estate other than employer real property at beginning of year | 2022-12-31 | $0 |
Administrative expenses professional fees incurred | 2022-12-31 | $0 |
Assets. Corporate prefeered stocks other than exployer securities at end of year | 2022-12-31 | $0 |
Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2022-12-31 | $0 |
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 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $2,686,155 |
Participant contributions at end of year | 2022-12-31 | $369,853 |
Participant contributions at beginning of year | 2022-12-31 | $358,275 |
Participant contributions at end of year | 2022-12-31 | $0 |
Participant contributions at beginning of year | 2022-12-31 | $3,000 |
Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $187,055 |
Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $19,241,985 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $232,373 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $0 |
Assets. Loans (other than to participants) at end of year | 2022-12-31 | $0 |
Assets. Loans (other than to participants) at beginning of year | 2022-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $0 |
Other income not declared elsewhere | 2022-12-31 | $-1,365,524 |
Administrative expenses (other) incurred | 2022-12-31 | $3,252 |
Liabilities. Value of operating payables at end of year | 2022-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $0 |
Total non interest bearing cash at end of year | 2022-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $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 | 2022-12-31 | No |
Income. Non cash contributions | 2022-12-31 | $0 |
Value of net income/loss | 2022-12-31 | $-7,819,222 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $53,499,267 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $61,318,489 |
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 |
Assets. partnership/joint venture interests at end of year | 2022-12-31 | $0 |
Assets. partnership/joint venture interests at beginning of year | 2022-12-31 | $0 |
Investment advisory and management fees | 2022-12-31 | $30 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $45,024,438 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $38,537,341 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $0 |
Interest on participant loans | 2022-12-31 | $17,900 |
Income. Interest from loans (other than to participants) | 2022-12-31 | $0 |
Interest earned on other investments | 2022-12-31 | $5,021 |
Income. Interest from US Government securities | 2022-12-31 | $0 |
Income. Interest from corporate debt instruments | 2022-12-31 | $0 |
Value of interest in master investment trust accounts at end of year | 2022-12-31 | $0 |
Value of interest in master investment trust accounts at beginning of year | 2022-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $1,434,844 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $1,731,360 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $1,779,445 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $25,051 |
Assets. Value of investments in 103.12 investment entities at end of year | 2022-12-31 | $0 |
Assets. Value of investments in 103.12 investment entities at beginning of year | 2022-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $0 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $0 |
Asset value of US Government securities at end of year | 2022-12-31 | $0 |
Asset value of US Government securities at beginning of year | 2022-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-7,727,719 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $0 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $34,967 |
Net gain/loss from 103.12 investment entities | 2022-12-31 | $0 |
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 |
Assets. Invements in employer securities at end of year | 2022-12-31 | $0 |
Assets. Invements in employer securities at beginning of year | 2022-12-31 | $0 |
Assets. Value of employer real property at end of year | 2022-12-31 | $0 |
Assets. Value of employer real property at beginning of year | 2022-12-31 | $0 |
Contributions received in cash from employer | 2022-12-31 | $2,050,750 |
Employer contributions (assets) at end of year | 2022-12-31 | $1,669,873 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $1,446,528 |
Income. Dividends from preferred stock | 2022-12-31 | $0 |
Income. Dividends from common stock | 2022-12-31 | $41,548 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $4,495,798 |
Asset. Corporate debt instrument preferred debt at end of year | 2022-12-31 | $0 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2022-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at end of year | 2022-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2022-12-31 | $0 |
Contract administrator fees | 2022-12-31 | $0 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | Yes |
Assets. Corporate common stocks other than exployer securities at end of year | 2022-12-31 | $3,033,759 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-12-31 | $0 |
Liabilities. Value of benefit claims payable at end of year | 2022-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $0 |
Assets. Value of buildings and other operty used in plan operation at end of year | 2022-12-31 | $0 |
Assets. Value of buildings and other operty used in plan operation at beginning of year | 2022-12-31 | $0 |
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 |
Aggregate proceeds on sale of assets | 2022-12-31 | $325,312 |
Aggregate carrying amount (costs) on sale of assets | 2022-12-31 | $339,983 |
Liabilities. Value of acquisition indebtedness at end of year | 2022-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2022-12-31 | $0 |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | WATSON COON RYAN, LLC |
Accountancy firm EIN | 2022-12-31 | 823543701 |
2021 : SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2021 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $12,127,203 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $2,043,566 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $2,035,906 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $4,810,609 |
Value of total assets at end of year | 2021-12-31 | $61,318,489 |
Value of total assets at beginning of year | 2021-12-31 | $51,234,852 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $7,660 |
Total interest from all sources | 2021-12-31 | $18,796 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $2,391,200 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $2,391,200 |
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 | $2,236,917 |
Participant contributions at end of year | 2021-12-31 | $358,275 |
Participant contributions at beginning of year | 2021-12-31 | $305,293 |
Participant contributions at end of year | 2021-12-31 | $3,000 |
Participant contributions at beginning of year | 2021-12-31 | $73,280 |
Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $19,241,985 |
Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $16,583,277 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $808,554 |
Other income not declared elsewhere | 2021-12-31 | $2,305,668 |
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 | $10,083,637 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $61,318,489 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $51,234,852 |
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 | $38,537,341 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $30,900,360 |
Interest on participant loans | 2021-12-31 | $18,796 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $1,731,360 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $2,071,436 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $2,575,525 |
Net investment gain or loss from common/collective trusts | 2021-12-31 | $25,405 |
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 |
Contributions received in cash from employer | 2021-12-31 | $1,765,138 |
Employer contributions (assets) at end of year | 2021-12-31 | $1,446,528 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $1,301,206 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $2,035,906 |
Contract administrator fees | 2021-12-31 | $7,660 |
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 |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | WATSON COON RYAN, LLC |
Accountancy firm EIN | 2021-12-31 | 823543701 |
2020 : SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2020 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $9,827,938 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $699,900 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $694,174 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $3,617,012 |
Value of total assets at end of year | 2020-12-31 | $51,234,852 |
Value of total assets at beginning of year | 2020-12-31 | $42,106,814 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $5,726 |
Total interest from all sources | 2020-12-31 | $18,204 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $1,209,291 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $1,209,291 |
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 | $2,010,875 |
Participant contributions at end of year | 2020-12-31 | $305,293 |
Participant contributions at beginning of year | 2020-12-31 | $313,662 |
Participant contributions at end of year | 2020-12-31 | $73,280 |
Assets. Other investments not covered elsewhere at end of year | 2020-12-31 | $16,583,277 |
Assets. Other investments not covered elsewhere at beginning of year | 2020-12-31 | $13,681,393 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $39,424 |
Other income not declared elsewhere | 2020-12-31 | $2,317,066 |
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 | $9,128,038 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $51,234,852 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $42,106,814 |
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 | $30,900,360 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $26,276,974 |
Interest on participant loans | 2020-12-31 | $18,204 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $2,071,436 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $752,959 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $2,642,134 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $24,231 |
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 |
Contributions received in cash from employer | 2020-12-31 | $1,566,713 |
Employer contributions (assets) at end of year | 2020-12-31 | $1,301,206 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $1,081,826 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $694,174 |
Contract administrator fees | 2020-12-31 | $5,726 |
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 |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | WATSON COON RYAN, LLC |
Accountancy firm EIN | 2020-12-31 | 823543701 |
2019 : SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2019 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $10,804,959 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $2,280,850 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $2,232,052 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $3,627,170 |
Value of total assets at end of year | 2019-12-31 | $42,106,814 |
Value of total assets at beginning of year | 2019-12-31 | $33,582,705 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $48,798 |
Total interest from all sources | 2019-12-31 | $17,660 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $1,913,956 |
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 | $1,913,956 |
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 | $1,746,996 |
Participant contributions at end of year | 2019-12-31 | $313,662 |
Participant contributions at beginning of year | 2019-12-31 | $256,242 |
Participant contributions at end of year | 2019-12-31 | $0 |
Participant contributions at beginning of year | 2019-12-31 | $62,038 |
Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $13,681,393 |
Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $12,168,173 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $524,449 |
Other income not declared elsewhere | 2019-12-31 | $1,420,104 |
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 | $8,524,109 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $42,106,814 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $33,582,705 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $26,276,974 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $19,631,383 |
Interest on participant loans | 2019-12-31 | $17,660 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $752,959 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $433,520 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $853 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $853 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $3,813,670 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $12,399 |
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 | $1,355,725 |
Employer contributions (assets) at end of year | 2019-12-31 | $1,081,826 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $1,030,496 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $2,232,052 |
Contract administrator fees | 2019-12-31 | $48,798 |
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 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | WATSON COON RYAN LLC |
Accountancy firm EIN | 2019-12-31 | 823543701 |
2018 : SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2018 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $257,507 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $942,781 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $894,770 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $2,867,144 |
Value of total assets at end of year | 2018-12-31 | $33,582,705 |
Value of total assets at beginning of year | 2018-12-31 | $34,267,979 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $48,011 |
Total interest from all sources | 2018-12-31 | $12,818 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $1,230,865 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $1,230,865 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $1,581,504 |
Participant contributions at end of year | 2018-12-31 | $256,242 |
Participant contributions at beginning of year | 2018-12-31 | $249,485 |
Participant contributions at end of year | 2018-12-31 | $62,038 |
Participant contributions at beginning of year | 2018-12-31 | $57,677 |
Assets. Other investments not covered elsewhere at end of year | 2018-12-31 | $12,168,173 |
Assets. Other investments not covered elsewhere at beginning of year | 2018-12-31 | $12,708,373 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $9,797 |
Other income not declared elsewhere | 2018-12-31 | $-975,003 |
Administrative expenses (other) incurred | 2018-12-31 | $4 |
Total non interest bearing cash at end of year | 2018-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2018-12-31 | $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 | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-685,274 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $33,582,705 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $34,267,979 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Investment advisory and management fees | 2018-12-31 | $39,217 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $19,631,383 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $19,836,760 |
Interest on participant loans | 2018-12-31 | $12,818 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $433,520 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $440,599 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $853 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-2,885,538 |
Net investment gain or loss from common/collective trusts | 2018-12-31 | $7,221 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $1,275,843 |
Employer contributions (assets) at end of year | 2018-12-31 | $1,030,496 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $975,085 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $894,770 |
Contract administrator fees | 2018-12-31 | $8,790 |
Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | WATSON COON RYAN LLC |
Accountancy firm EIN | 2018-12-31 | 823543701 |
2017 : SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2017 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $7,347,481 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $889,642 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $846,766 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $2,838,147 |
Value of total assets at end of year | 2017-12-31 | $34,267,979 |
Value of total assets at beginning of year | 2017-12-31 | $27,810,140 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $42,876 |
Total interest from all sources | 2017-12-31 | $15,169 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $847,637 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $847,637 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $1,428,479 |
Participant contributions at end of year | 2017-12-31 | $249,485 |
Participant contributions at beginning of year | 2017-12-31 | $271,939 |
Participant contributions at end of year | 2017-12-31 | $57,677 |
Participant contributions at beginning of year | 2017-12-31 | $46,276 |
Assets. Other investments not covered elsewhere at end of year | 2017-12-31 | $12,708,373 |
Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $9,649,445 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $226,041 |
Other income not declared elsewhere | 2017-12-31 | $1,598,409 |
Administrative expenses (other) incurred | 2017-12-31 | $2 |
Total non interest bearing cash at end of year | 2017-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2017-12-31 | $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 | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $6,457,839 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $34,267,979 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $27,810,140 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Investment advisory and management fees | 2017-12-31 | $40,466 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $19,836,760 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $16,387,705 |
Interest on participant loans | 2017-12-31 | $15,169 |
Value of interest in common/collective trusts at end of year | 2017-12-31 | $440,599 |
Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $552,085 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $2,039,219 |
Net investment gain or loss from common/collective trusts | 2017-12-31 | $8,900 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $1,183,627 |
Employer contributions (assets) at end of year | 2017-12-31 | $975,085 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $902,690 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $846,766 |
Contract administrator fees | 2017-12-31 | $2,408 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2017-12-31 | Yes |
Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | WATSON COON RYAN LLC |
Accountancy firm EIN | 2017-12-31 | 823543701 |
2016 : SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2016 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total income from all sources (including contributions) | 2016-12-31 | $4,565,641 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $1,726,784 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $1,690,623 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $2,547,214 |
Value of total assets at end of year | 2016-12-31 | $27,810,140 |
Value of total assets at beginning of year | 2016-12-31 | $24,971,283 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $36,161 |
Total interest from all sources | 2016-12-31 | $13,714 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $670,376 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $670,376 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $1,300,941 |
Participant contributions at end of year | 2016-12-31 | $271,939 |
Participant contributions at beginning of year | 2016-12-31 | $202,346 |
Participant contributions at end of year | 2016-12-31 | $46,276 |
Participant contributions at beginning of year | 2016-12-31 | $34,960 |
Assets. Other investments not covered elsewhere at end of year | 2016-12-31 | $9,649,445 |
Assets. Other investments not covered elsewhere at beginning of year | 2016-12-31 | $9,187,274 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $147,024 |
Other income not declared elsewhere | 2016-12-31 | $615,838 |
Total non interest bearing cash at end of year | 2016-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2016-12-31 | $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 | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $2,838,857 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $27,810,140 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $24,971,283 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Investment advisory and management fees | 2016-12-31 | $31,511 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $16,387,705 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $14,092,188 |
Interest on participant loans | 2016-12-31 | $13,714 |
Value of interest in common/collective trusts at end of year | 2016-12-31 | $552,085 |
Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $557,153 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $711,948 |
Net investment gain or loss from common/collective trusts | 2016-12-31 | $6,551 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $1,099,249 |
Employer contributions (assets) at end of year | 2016-12-31 | $902,690 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $897,362 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $1,690,623 |
Contract administrator fees | 2016-12-31 | $4,650 |
Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | WILSON DOWNING GROUP, LLC |
Accountancy firm EIN | 2016-12-31 | 840509647 |
2015 : SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2015 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total income from all sources (including contributions) | 2015-12-31 | $1,588,528 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $1,443,800 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $1,401,601 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $2,380,087 |
Value of total assets at end of year | 2015-12-31 | $24,971,283 |
Value of total assets at beginning of year | 2015-12-31 | $24,826,555 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $42,199 |
Total interest from all sources | 2015-12-31 | $15,765 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $877,501 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $877,501 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $1,284,280 |
Participant contributions at end of year | 2015-12-31 | $202,346 |
Participant contributions at beginning of year | 2015-12-31 | $267,611 |
Participant contributions at end of year | 2015-12-31 | $34,960 |
Participant contributions at beginning of year | 2015-12-31 | $0 |
Assets. Other investments not covered elsewhere at end of year | 2015-12-31 | $9,187,274 |
Assets. Other investments not covered elsewhere at beginning of year | 2015-12-31 | $8,943,419 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $26,737 |
Other income not declared elsewhere | 2015-12-31 | $-552,117 |
Total non interest bearing cash at end of year | 2015-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2015-12-31 | $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 | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $144,728 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $24,971,283 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $24,826,555 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Investment advisory and management fees | 2015-12-31 | $30,968 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $14,092,188 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $14,365,608 |
Interest on participant loans | 2015-12-31 | $15,765 |
Value of interest in common/collective trusts at end of year | 2015-12-31 | $557,153 |
Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $469,020 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-1,137,759 |
Net investment gain or loss from common/collective trusts | 2015-12-31 | $5,051 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $1,069,070 |
Employer contributions (assets) at end of year | 2015-12-31 | $897,362 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $780,897 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $1,401,601 |
Contract administrator fees | 2015-12-31 | $11,231 |
Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | WILSON DOWNING GROUP, LLC |
Accountancy firm EIN | 2015-12-31 | 840509647 |
2014 : SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2014 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total income from all sources (including contributions) | 2014-12-31 | $3,178,006 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $1,208,649 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $1,167,948 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $2,014,622 |
Value of total assets at end of year | 2014-12-31 | $24,826,555 |
Value of total assets at beginning of year | 2014-12-31 | $22,857,198 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $40,701 |
Total interest from all sources | 2014-12-31 | $20,243 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $370,800 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $370,800 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $1,054,791 |
Participant contributions at end of year | 2014-12-31 | $267,611 |
Participant contributions at beginning of year | 2014-12-31 | $297,499 |
Participant contributions at end of year | 2014-12-31 | $0 |
Participant contributions at beginning of year | 2014-12-31 | $0 |
Assets. Other investments not covered elsewhere at end of year | 2014-12-31 | $8,943,419 |
Assets. Other investments not covered elsewhere at beginning of year | 2014-12-31 | $6,851,663 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $56,447 |
Other income not declared elsewhere | 2014-12-31 | $291,713 |
Total non interest bearing cash at end of year | 2014-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2014-12-31 | $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 | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $1,969,357 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $24,826,555 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $22,857,198 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Investment advisory and management fees | 2014-12-31 | $29,317 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $14,365,608 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $14,331,906 |
Interest on participant loans | 2014-12-31 | $20,243 |
Value of interest in common/collective trusts at end of year | 2014-12-31 | $469,020 |
Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $598,930 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $476,479 |
Net investment gain or loss from common/collective trusts | 2014-12-31 | $4,149 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Contributions received in cash from employer | 2014-12-31 | $903,384 |
Employer contributions (assets) at end of year | 2014-12-31 | $780,897 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $777,200 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $1,167,948 |
Contract administrator fees | 2014-12-31 | $11,384 |
Did the plan have assets held for investment | 2014-12-31 | 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 | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | WILSON DOWNING GROUP, LLC |
Accountancy firm EIN | 2014-12-31 | 840509647 |
2013 : SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2013 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total income from all sources (including contributions) | 2013-12-31 | $5,319,580 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $866,265 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $839,985 |
Value of total corrective distributions | 2013-12-31 | $679 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $2,015,984 |
Value of total assets at end of year | 2013-12-31 | $22,857,198 |
Value of total assets at beginning of year | 2013-12-31 | $18,403,883 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $25,601 |
Total interest from all sources | 2013-12-31 | $19,317 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $358,235 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $358,235 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $1,013,795 |
Participant contributions at end of year | 2013-12-31 | $297,499 |
Participant contributions at beginning of year | 2013-12-31 | $276,004 |
Participant contributions at end of year | 2013-12-31 | $0 |
Participant contributions at beginning of year | 2013-12-31 | $0 |
Assets. Other investments not covered elsewhere at end of year | 2013-12-31 | $6,851,663 |
Assets. Other investments not covered elsewhere at beginning of year | 2013-12-31 | $5,340,677 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $71,009 |
Other income not declared elsewhere | 2013-12-31 | $780,310 |
Total non interest bearing cash at end of year | 2013-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2013-12-31 | $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 | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $4,453,315 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $22,857,198 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $18,403,883 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Investment advisory and management fees | 2013-12-31 | $18,225 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $14,331,906 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $11,730,328 |
Interest on participant loans | 2013-12-31 | $19,317 |
Value of interest in common/collective trusts at end of year | 2013-12-31 | $598,930 |
Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $377,098 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $2,141,430 |
Net investment gain or loss from common/collective trusts | 2013-12-31 | $4,304 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $931,180 |
Employer contributions (assets) at end of year | 2013-12-31 | $777,200 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $679,776 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $839,985 |
Contract administrator fees | 2013-12-31 | $7,376 |
Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | WILSON DOWNING GROUP, LLC |
Accountancy firm EIN | 2013-12-31 | 840509647 |
2012 : SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2012 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total income from all sources (including contributions) | 2012-12-31 | $3,517,526 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $379,136 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $371,757 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $1,928,563 |
Value of total assets at end of year | 2012-12-31 | $18,403,883 |
Value of total assets at beginning of year | 2012-12-31 | $15,265,493 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $7,379 |
Total interest from all sources | 2012-12-31 | $20,550 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $313,992 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $313,992 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $910,637 |
Participant contributions at end of year | 2012-12-31 | $276,004 |
Participant contributions at beginning of year | 2012-12-31 | $267,529 |
Participant contributions at end of year | 2012-12-31 | $0 |
Participant contributions at beginning of year | 2012-12-31 | $0 |
Assets. Other investments not covered elsewhere at end of year | 2012-12-31 | $5,340,677 |
Assets. Other investments not covered elsewhere at beginning of year | 2012-12-31 | $4,667,183 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $205,572 |
Other income not declared elsewhere | 2012-12-31 | $329,200 |
Total non interest bearing cash at end of year | 2012-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2012-12-31 | $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 | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $3,138,390 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $18,403,883 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $15,265,493 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Investment advisory and management fees | 2012-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $11,730,328 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $9,429,808 |
Interest on participant loans | 2012-12-31 | $20,550 |
Value of interest in common/collective trusts at end of year | 2012-12-31 | $377,098 |
Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $303,248 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $920,883 |
Net investment gain or loss from common/collective trusts | 2012-12-31 | $4,338 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $812,354 |
Employer contributions (assets) at end of year | 2012-12-31 | $679,776 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $597,725 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $371,757 |
Contract administrator fees | 2012-12-31 | $7,379 |
Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | WILSON DOWNING GROUP, LLC |
Accountancy firm EIN | 2012-12-31 | 840509647 |
2011 : SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2011 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $1,945,552 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $830,946 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $807,587 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $2,170,113 |
Value of total assets at end of year | 2011-12-31 | $15,265,493 |
Value of total assets at beginning of year | 2011-12-31 | $14,150,887 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $23,359 |
Total interest from all sources | 2011-12-31 | $20,369 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $279,659 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $279,659 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $850,987 |
Participant contributions at end of year | 2011-12-31 | $267,529 |
Participant contributions at beginning of year | 2011-12-31 | $223,970 |
Participant contributions at end of year | 2011-12-31 | $0 |
Participant contributions at beginning of year | 2011-12-31 | $533 |
Assets. Other investments not covered elsewhere at end of year | 2011-12-31 | $4,667,183 |
Assets. Other investments not covered elsewhere at beginning of year | 2011-12-31 | $2,156,385 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $587,448 |
Other income not declared elsewhere | 2011-12-31 | $-42,375 |
Total non interest bearing cash at end of year | 2011-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2011-12-31 | $50,750 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $1,114,606 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $15,265,493 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $14,150,887 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Investment advisory and management fees | 2011-12-31 | $20,420 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $9,429,808 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $11,217,863 |
Interest on participant loans | 2011-12-31 | $20,369 |
Value of interest in common/collective trusts at end of year | 2011-12-31 | $303,248 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-490,580 |
Net investment gain or loss from common/collective trusts | 2011-12-31 | $8,366 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $731,678 |
Employer contributions (assets) at end of year | 2011-12-31 | $597,725 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $501,386 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $807,587 |
Contract administrator fees | 2011-12-31 | $2,939 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2011-12-31 | Yes |
Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | WILSON DOWNING GROUP, LLC |
Accountancy firm EIN | 2011-12-31 | 840509647 |
2010 : SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2010 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $3,113,415 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $909,009 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $881,436 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $1,587,823 |
Value of total assets at end of year | 2010-12-31 | $14,150,887 |
Value of total assets at beginning of year | 2010-12-31 | $11,946,481 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $27,573 |
Total interest from all sources | 2010-12-31 | $10,106 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $847,098 |
Participant contributions at end of year | 2010-12-31 | $223,970 |
Participant contributions at beginning of year | 2010-12-31 | $142,030 |
Participant contributions at end of year | 2010-12-31 | $533 |
Participant contributions at beginning of year | 2010-12-31 | $1,360 |
Assets. Other investments not covered elsewhere at end of year | 2010-12-31 | $2,156,385 |
Assets. Other investments not covered elsewhere at beginning of year | 2010-12-31 | $1,913,878 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $102,433 |
Other income not declared elsewhere | 2010-12-31 | $188,681 |
Administrative expenses (other) incurred | 2010-12-31 | $3,066 |
Total non interest bearing cash at end of year | 2010-12-31 | $50,750 |
Total non interest bearing cash at beginning of year | 2010-12-31 | $58,211 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $2,204,406 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $14,150,887 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $11,946,481 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Investment advisory and management fees | 2010-12-31 | $24,507 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $11,217,863 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $9,230,165 |
Interest on participant loans | 2010-12-31 | $10,106 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $1,326,805 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $638,292 |
Employer contributions (assets) at end of year | 2010-12-31 | $501,386 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $600,837 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $881,436 |
Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | WILSON DOWNING GROUP, LLC |
Accountancy firm EIN | 2010-12-31 | 840509647 |
2009 : SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2009 401k financial data | ||
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
2022: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2022 form 5500 responses | ||
---|---|---|
2022-01-01 | Type of plan entity | Single employer plan |
2022-01-01 | Submission has been amended | Yes |
2022-01-01 | This submission is the final filing | No |
2022-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2022-01-01 | Plan is a collectively bargained plan | No |
2022-01-01 | Plan funding arrangement – Trust | Yes |
2022-01-01 | Plan benefit arrangement - Trust | Yes |
2021: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2021 form 5500 responses | ||
2021-01-01 | Type of plan entity | Single employer plan |
2021-01-01 | Submission has been amended | No |
2021-01-01 | This submission is the final filing | No |
2021-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2021-01-01 | Plan is a collectively bargained plan | No |
2021-01-01 | Plan funding arrangement – Trust | Yes |
2021-01-01 | Plan benefit arrangement - Trust | Yes |
2020: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2020 form 5500 responses | ||
2020-01-01 | Type of plan entity | Single employer plan |
2020-01-01 | Submission has been amended | No |
2020-01-01 | This submission is the final filing | No |
2020-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2020-01-01 | Plan is a collectively bargained plan | No |
2020-01-01 | Plan funding arrangement – Trust | Yes |
2020-01-01 | Plan benefit arrangement - Trust | Yes |
2019: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2019 form 5500 responses | ||
2019-01-01 | Type of plan entity | Single employer plan |
2019-01-01 | Submission has been amended | No |
2019-01-01 | This submission is the final filing | No |
2019-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2019-01-01 | Plan is a collectively bargained plan | No |
2019-01-01 | Plan funding arrangement – Trust | Yes |
2019-01-01 | Plan benefit arrangement - Trust | Yes |
2018: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2018 form 5500 responses | ||
2018-01-01 | Type of plan entity | Single employer plan |
2018-01-01 | Submission has been amended | No |
2018-01-01 | This submission is the final filing | No |
2018-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2018-01-01 | Plan is a collectively bargained plan | No |
2018-01-01 | Plan funding arrangement – Trust | Yes |
2018-01-01 | Plan benefit arrangement - Trust | Yes |
2017: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2017 form 5500 responses | ||
2017-01-01 | Type of plan entity | Single employer plan |
2017-01-01 | Submission has been amended | No |
2017-01-01 | This submission is the final filing | No |
2017-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2017-01-01 | Plan is a collectively bargained plan | No |
2017-01-01 | Plan funding arrangement – Trust | Yes |
2017-01-01 | Plan benefit arrangement - Trust | Yes |
2016: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2016 form 5500 responses | ||
2016-01-01 | Type of plan entity | Single employer plan |
2016-01-01 | Submission has been amended | No |
2016-01-01 | This submission is the final filing | No |
2016-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2016-01-01 | Plan is a collectively bargained plan | No |
2016-01-01 | Plan funding arrangement – Trust | Yes |
2016-01-01 | Plan benefit arrangement - Trust | Yes |
2015: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2015 form 5500 responses | ||
2015-01-01 | Type of plan entity | Single employer plan |
2015-01-01 | Submission has been amended | No |
2015-01-01 | This submission is the final filing | No |
2015-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2015-01-01 | Plan is a collectively bargained plan | No |
2015-01-01 | Plan funding arrangement – Trust | Yes |
2015-01-01 | Plan benefit arrangement - Trust | Yes |
2014: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2014 form 5500 responses | ||
2014-01-01 | Type of plan entity | Single employer plan |
2014-01-01 | Submission has been amended | No |
2014-01-01 | This submission is the final filing | No |
2014-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2014-01-01 | Plan is a collectively bargained plan | No |
2014-01-01 | Plan funding arrangement – Trust | Yes |
2014-01-01 | Plan benefit arrangement - Trust | Yes |
2013: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2013 form 5500 responses | ||
2013-01-01 | Type of plan entity | Single employer plan |
2013-01-01 | Submission has been amended | No |
2013-01-01 | This submission is the final filing | No |
2013-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2013-01-01 | Plan is a collectively bargained plan | No |
2013-01-01 | Plan funding arrangement – Trust | Yes |
2013-01-01 | Plan benefit arrangement - Trust | Yes |
2012: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2012 form 5500 responses | ||
2012-01-01 | Type of plan entity | Single employer plan |
2012-01-01 | Submission has been amended | No |
2012-01-01 | This submission is the final filing | No |
2012-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2012-01-01 | Plan is a collectively bargained plan | No |
2012-01-01 | Plan funding arrangement – Trust | Yes |
2012-01-01 | Plan benefit arrangement - Trust | Yes |
2011: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2011 form 5500 responses | ||
2011-01-01 | Type of plan entity | Single employer plan |
2011-01-01 | Submission has been amended | No |
2011-01-01 | This submission is the final filing | No |
2011-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2011-01-01 | Plan is a collectively bargained plan | No |
2011-01-01 | Plan funding arrangement – Trust | Yes |
2011-01-01 | Plan benefit arrangement - Trust | Yes |
2009: SOMERSET CPAS, P.C. PROFIT SHARING AND 401(K) SAVINGS PLAN 2009 form 5500 responses | ||
2009-01-01 | Type of plan entity | Single employer plan |
2009-01-01 | Submission has been amended | No |
2009-01-01 | This submission is the final filing | No |
2009-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2009-01-01 | Plan is a collectively bargained plan | No |
2009-01-01 | Plan funding arrangement – Trust | Yes |
2009-01-01 | Plan benefit arrangement - Trust | Yes |