PHILABUNDANCE has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PHILABUNDANCE EMPLOYEE BENEFIT PLAN
| Measure | Date | Value |
|---|
| 2023 : PHILABUNDANCE EMPLOYEE BENEFIT PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $166,160 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $876,572 |
| Total income from all sources (including contributions) | 2023-01-01 | $1,597,076 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $1,127,281 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $966,518 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,594,634 |
| Value of total assets at end of year | 2023-01-01 | $147,359 |
| Value of total assets at beginning of year | 2023-01-01 | $387,976 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $160,763 |
| Total interest from all sources | 2023-01-01 | $2,442 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $384,551 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $757 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $24,750 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $20,320 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-01-01 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-01-01 | $0 |
| Liabilities. Value of operating payables at end of year | 2023-01-01 | $101,473 |
| Liabilities. Value of operating payables at beginning of year | 2023-01-01 | $307,826 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $469,795 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $-18,801 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $-488,596 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $68,137 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-01-01 | $2,442 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-01-01 | $-478,707 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Assets. Invements in employer securities at end of year | 2023-01-01 | $0 |
| Assets. Invements in employer securities at beginning of year | 2023-01-01 | $0 |
| Contributions received in cash from employer | 2023-01-01 | $1,209,326 |
| Employer contributions (assets) at end of year | 2023-01-01 | $54,472 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $282,825 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $1,445,225 |
| Contract administrator fees | 2023-01-01 | $138,763 |
| Liabilities. Value of benefit claims payable at end of year | 2023-01-01 | $64,687 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-01-01 | $568,746 |
| Did the plan have assets held for investment | 2023-01-01 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | WITHUMSMITH+BROWN, P.C. |
| Accountancy firm EIN | 2023-01-01 | 222027902 |
| 2022 : PHILABUNDANCE EMPLOYEE BENEFIT PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $876,572 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $491,225 |
| Total income from all sources (including contributions) | 2022-12-31 | $1,732,235 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $2,116,326 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,916,775 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,732,105 |
| Value of total assets at end of year | 2022-12-31 | $387,976 |
| Value of total assets at beginning of year | 2022-12-31 | $386,720 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $199,551 |
| Total interest from all sources | 2022-12-31 | $130 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Administrative expenses professional fees incurred | 2022-12-31 | $25,000 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $247,460 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $31,049 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $20,320 |
| Value of other receiveables (less allowance for doubtful accounts) 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 | $110,787 |
| Administrative expenses (other) incurred | 2022-12-31 | $174,551 |
| Liabilities. Value of operating payables at end of year | 2022-12-31 | $307,826 |
| Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $251,476 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-384,091 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $-488,596 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $-104,505 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $84,831 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $135,244 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $135,244 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $130 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $-399,296 |
| 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 |
| Contributions received in cash from employer | 2022-12-31 | $1,453,596 |
| Employer contributions (assets) at end of year | 2022-12-31 | $282,825 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $251,476 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $2,316,071 |
| Contract administrator fees | 2022-12-31 | $0 |
| Liabilities. Value of benefit claims payable at end of year | 2022-12-31 | $568,746 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $128,962 |
| Did the plan have assets held for investment | 2022-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | WITHUMSMITH+BROWN, P.C. |
| Accountancy firm EIN | 2022-12-31 | 222027902 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $876,572 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $491,225 |
| Total income from all sources (including contributions) | 2022-01-01 | $1,732,235 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $2,116,326 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $1,916,775 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,732,105 |
| Value of total assets at end of year | 2022-01-01 | $387,976 |
| Value of total assets at beginning of year | 2022-01-01 | $386,720 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $199,551 |
| Total interest from all sources | 2022-01-01 | $130 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Administrative expenses professional fees incurred | 2022-01-01 | $25,000 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $247,460 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $31,049 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-01-01 | $20,320 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-01-01 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-01-01 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-01-01 | $110,787 |
| Administrative expenses (other) incurred | 2022-01-01 | $174,551 |
| Liabilities. Value of operating payables at end of year | 2022-01-01 | $307,826 |
| Liabilities. Value of operating payables at beginning of year | 2022-01-01 | $251,476 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-384,091 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $-488,596 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $-104,505 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $84,831 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $130 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-01-01 | $-399,296 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Assets. Invements in employer securities at end of year | 2022-01-01 | $0 |
| Assets. Invements in employer securities at beginning of year | 2022-01-01 | $0 |
| Contributions received in cash from employer | 2022-01-01 | $1,453,596 |
| Employer contributions (assets) at end of year | 2022-01-01 | $282,825 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $251,476 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $2,316,071 |
| Contract administrator fees | 2022-01-01 | $0 |
| Liabilities. Value of benefit claims payable at end of year | 2022-01-01 | $568,746 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-01-01 | $128,962 |
| Did the plan have assets held for investment | 2022-01-01 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | WITHUMSMITH+BROWN, P.C. |
| Accountancy firm EIN | 2022-01-01 | 222027902 |
| 2021 : PHILABUNDANCE EMPLOYEE BENEFIT PLAN 2021 401k financial data |
|---|
| Total plan liabilities at end of year | 2021-12-31 | $466,247 |
| Total plan liabilities at beginning of year | 2021-12-31 | $291,890 |
| Total income from all sources | 2021-12-31 | $1,193,791 |
| Expenses. Total of all expenses incurred | 2021-12-31 | $1,304,237 |
| Benefits paid (including direct rollovers) | 2021-12-31 | $854,867 |
| Total plan assets at end of year | 2021-12-31 | $135,244 |
| Total plan assets at beginning of year | 2021-12-31 | $71,333 |
| Value of fidelity bond covering the plan | 2021-12-31 | $2,000,000 |
| Total contributions received or receivable from participants | 2021-12-31 | $220,746 |
| Expenses. Other expenses not covered elsewhere | 2021-12-31 | $396,556 |
| Other income received | 2021-12-31 | $96 |
| Net income (gross income less expenses) | 2021-12-31 | $-110,446 |
| Net plan assets at end of year (total assets less liabilities) | 2021-12-31 | $-331,003 |
| Net plan assets at beginning of year (total assets less liabilities) | 2021-12-31 | $-220,557 |
| Total contributions received or receivable from employer(s) | 2021-12-31 | $972,949 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2021-12-31 | $52,814 |
| 2020 : PHILABUNDANCE EMPLOYEE BENEFIT PLAN 2020 401k financial data |
|---|
| Total plan liabilities at end of year | 2020-12-31 | $291,890 |
| Total plan liabilities at beginning of year | 2020-12-31 | $74,401 |
| Total income from all sources | 2020-12-31 | $1,073,067 |
| Expenses. Total of all expenses incurred | 2020-12-31 | $1,309,108 |
| Benefits paid (including direct rollovers) | 2020-12-31 | $927,280 |
| Total plan assets at end of year | 2020-12-31 | $71,333 |
| Total plan assets at beginning of year | 2020-12-31 | $89,885 |
| Value of fidelity bond covering the plan | 2020-12-31 | $3,000,000 |
| Total contributions received or receivable from participants | 2020-12-31 | $84,136 |
| Expenses. Other expenses not covered elsewhere | 2020-12-31 | $337,545 |
| Contributions received from other sources (not participants or employers) | 2020-12-31 | $2,287 |
| Other income received | 2020-12-31 | $113 |
| Net income (gross income less expenses) | 2020-12-31 | $-236,041 |
| Net plan assets at end of year (total assets less liabilities) | 2020-12-31 | $-220,557 |
| Net plan assets at beginning of year (total assets less liabilities) | 2020-12-31 | $15,484 |
| Total contributions received or receivable from employer(s) | 2020-12-31 | $986,531 |
| Value of corrective distributions | 2020-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2020-12-31 | $44,283 |
| 2019 : PHILABUNDANCE EMPLOYEE BENEFIT PLAN 2019 401k financial data |
|---|
| Total plan liabilities at end of year | 2019-12-31 | $74,401 |
| Total plan liabilities at beginning of year | 2019-12-31 | $0 |
| Total income from all sources | 2019-12-31 | $277,187 |
| Expenses. Total of all expenses incurred | 2019-12-31 | $261,703 |
| Benefits paid (including direct rollovers) | 2019-12-31 | $165,048 |
| Total plan assets at end of year | 2019-12-31 | $89,885 |
| Total plan assets at beginning of year | 2019-12-31 | $0 |
| Value of fidelity bond covering the plan | 2019-12-31 | $3,000,000 |
| Total contributions received or receivable from participants | 2019-12-31 | $44,635 |
| Expenses. Other expenses not covered elsewhere | 2019-12-31 | $85,375 |
| Contributions received from other sources (not participants or employers) | 2019-12-31 | $20,542 |
| Other income received | 2019-12-31 | $30 |
| Net income (gross income less expenses) | 2019-12-31 | $15,484 |
| Net plan assets at end of year (total assets less liabilities) | 2019-12-31 | $15,484 |
| Net plan assets at beginning of year (total assets less liabilities) | 2019-12-31 | $0 |
| Total contributions received or receivable from employer(s) | 2019-12-31 | $211,980 |
| Value of corrective distributions | 2019-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2019-12-31 | $11,280 |
