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ADVANCED RESOURCES EMPLOYEES SAVINGS & RETIREMENT PLAN 401k Plan overview

Plan NameADVANCED RESOURCES EMPLOYEES SAVINGS & RETIREMENT PLAN
Plan identification number 001

ADVANCED RESOURCES EMPLOYEES SAVINGS & RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

ADVANCED RESOURCES GROUP INC has sponsored the creation of one or more 401k plans.

Company Name:ADVANCED RESOURCES GROUP INC
Employer identification number (EIN):202669184
NAIC Classification:541600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ADVANCED RESOURCES EMPLOYEES SAVINGS & RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01FRANK EHLERS2024-04-19
0012022-01-01FRANCIS EHLERS2023-04-26
0012021-01-01FRANK J EHLERS2022-07-05
0012020-01-01FRANK J EHLERS2021-07-14
0012019-01-01FRANK EHLERS2020-06-05
0012018-01-01SONYA GOTTO2019-06-17
0012017-01-01SONYA GOTTO2018-07-11
0012016-01-01SONYA GOTTO2017-08-23
0012015-01-01
0012014-01-01SONYA GOTTO
0012013-01-01SONYA GOTTO2014-08-05
0012012-01-01SONY GOTTO2013-06-06 SONY GOTTO2013-06-06
0012011-01-01CHERYL WALBRIDGE2013-05-02
0012010-01-01SONYA GOTTO2011-05-02

Financial Data on ADVANCED RESOURCES EMPLOYEES SAVINGS & RETIREMENT PLAN

Measure Date Value
2025 : ADVANCED RESOURCES EMPLOYEES SAVINGS & RETIREMENT PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-04-240
Total liabilities as of the end of the plan year2025-04-240
Total liabilities as of the beginning of the plan year2025-04-240
Total expenses incurred by plan in this plan year2025-04-24396450
Net assets as of the end of the plan year2025-04-241568607
Total assets as of the beginning of the plan year2025-04-241630335
Value of plan covered by a fidelity bond2025-04-24163034
Participant contributions to plan in this plan year2025-04-24111860
Value of participant loans at end of plan year2025-04-2447745
Other expenses paid from plan in this plan year2025-04-240
Other contributions to plan in this plan year2025-04-240
Other income to plan in this plan year2025-04-24211442
Plan net income in this plan year2025-04-24-61728
Net assets as of the end of the plan year2025-04-241568607
Net assets as of the beginning of the plan year2025-04-241630335
Employer contributions to plan in this plan year2025-04-2411420
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-2416190
2024 : ADVANCED RESOURCES EMPLOYEES SAVINGS & RETIREMENT PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-04-190
Total liabilities as of the end of the plan year2024-04-190
Total liabilities as of the beginning of the plan year2024-04-190
Total expenses incurred by plan in this plan year2024-04-1965965
Net assets as of the end of the plan year2024-04-191630335
Total assets as of the beginning of the plan year2024-04-191248194
Value of plan covered by a fidelity bond2024-04-19124819
Participant contributions to plan in this plan year2024-04-19162732
Value of participant loans at end of plan year2024-04-1916175
Other expenses paid from plan in this plan year2024-04-190
Other contributions to plan in this plan year2024-04-1926000
Other income to plan in this plan year2024-04-19243342
Plan net income in this plan year2024-04-19382141
Net assets as of the end of the plan year2024-04-191630335
Net assets as of the beginning of the plan year2024-04-191248194
Employer contributions to plan in this plan year2024-04-1916032
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-1915408
2022 : ADVANCED RESOURCES EMPLOYEES SAVINGS & RETIREMENT PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-07-050
Total liabilities as of the end of the plan year2022-07-050
Total liabilities as of the beginning of the plan year2022-07-050
Total expenses incurred by plan in this plan year2022-07-05254020
Net assets as of the end of the plan year2022-07-051549568
Total assets as of the beginning of the plan year2022-07-051436593
Value of plan covered by a fidelity bond2022-07-05143659
Participant contributions to plan in this plan year2022-07-05107663
Value of participant loans at end of plan year2022-07-0517949
Other expenses paid from plan in this plan year2022-07-050
Other contributions to plan in this plan year2022-07-0549922
Other income to plan in this plan year2022-07-05196704
Plan net income in this plan year2022-07-05112975
Net assets as of the end of the plan year2022-07-051549568
Net assets as of the beginning of the plan year2022-07-051436593
Employer contributions to plan in this plan year2022-07-0512706
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-0514764
2015 : ADVANCED RESOURCES EMPLOYEES SAVINGS & RETIREMENT PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$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$86,832
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$271,485
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$255,561
Value of total corrective distributions2015-12-31$22
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$103,535
Value of total assets at end of year2015-12-31$653,281
Value of total assets at beginning of year2015-12-31$837,934
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$15,902
Total interest from all sources2015-12-31$261
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Administrative expenses professional fees incurred2015-12-31$7,800
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$80,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$96,191
Participant contributions at end of year2015-12-31$581
Participant contributions at beginning of year2015-12-31$1,500
Administrative expenses (other) incurred2015-12-31$8,102
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-184,653
Value of net assets at end of year (total assets less liabilities)2015-12-31$653,281
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$837,934
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$638,521
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$0
Value of interest in pooled separate accounts at end of year2015-12-31$0
Value of interest in pooled separate accounts at beginning of year2015-12-31$836,434
Interest on participant loans2015-12-31$79
Interest earned on other investments2015-12-31$182
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$14,179
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-5,023
Net investment gain/loss from pooled separate accounts2015-12-31$-11,941
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$7,344
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$255,561
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31SFW PARTNERS, LLC
Accountancy firm EIN2015-12-31431764273
2014 : ADVANCED RESOURCES EMPLOYEES SAVINGS & RETIREMENT PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$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$132,819
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$144,022
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$142,222
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$99,978
Value of total assets at end of year2014-12-31$837,934
Value of total assets at beginning of year2014-12-31$849,137
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$1,800
Total interest from all sources2014-12-31$196
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$80,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$90,442
Participant contributions at end of year2014-12-31$1,500
Participant contributions at beginning of year2014-12-31$5,150
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$1,467
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-11,203
Value of net assets at end of year (total assets less liabilities)2014-12-31$837,934
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$849,137
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in pooled separate accounts at end of year2014-12-31$836,434
Value of interest in pooled separate accounts at beginning of year2014-12-31$843,987
Interest on participant loans2014-12-31$196
Net investment gain/loss from pooled separate accounts2014-12-31$32,645
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$8,069
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$142,222
Contract administrator fees2014-12-31$1,800
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31SFW PARTNERS, LLC
Accountancy firm EIN2014-12-31431764273

Form 5500 Responses for ADVANCED RESOURCES EMPLOYEES SAVINGS & RETIREMENT PLAN

2015: ADVANCED RESOURCES EMPLOYEES SAVINGS & RETIREMENT PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: ADVANCED RESOURCES EMPLOYEES SAVINGS & RETIREMENT PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

AMERICAN NATIONAL INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60739 )
Policy contract numberP9880
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number814643
Policy instance 2
AMERICAN NATIONAL INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60739 )
Policy contract numberP9880
Policy instance 1

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