Plan Name | ULTIMATE JETCHARTERS, LLC 401K PROFIT SHARING PLAN |
Plan identification number | 001 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
|
Company Name: | ULTIMATE JETCHARTERS, LLC |
Employer identification number (EIN): | 275155697 |
NAIC Classification: | 481000 |
NAIC Description: | Air Transportation |
Additional information about ULTIMATE JETCHARTERS, LLC
Jurisdiction of Incorporation: | Ohio Secretary of State Business Services Division |
Incorporation Date: | 2003-04-30 |
Company Identification Number: | 1384920 |
Legal Registered Office Address: |
6060 WEST AIRPORT DRIVE - NORTH CANTON United States of America (USA) 44720 |
More information about ULTIMATE JETCHARTERS, LLC
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2023-01-01 | ||||
001 | 2022-01-01 | ||||
001 | 2021-01-01 | ||||
001 | 2020-01-01 | MICHELE FRAZIER-SMITH | 2021-10-15 | ||
001 | 2019-01-01 | MICHELE FRAZIER-SMITH | 2020-10-14 | ||
001 | 2018-01-01 | ||||
001 | 2017-01-01 | ||||
001 | 2016-01-01 | MICHAEL DEGIROLAMO | 2017-06-08 | ||
001 | 2015-01-01 | CAROL MULLINS | 2016-08-22 | ||
001 | 2014-01-01 | CAROL MULLINS | 2015-06-04 | ||
001 | 2013-01-01 | CAROL MULLINS | 2014-10-13 | ||
001 | 2012-01-01 | CAROL MULLINS | 2013-07-25 | ||
001 | 2011-01-01 | CAROL MULLINS | 2012-10-11 |
Measure | Date | Value |
---|---|---|
2020: ULTIMATE JETCHARTERS, LLC 401K PROFIT SHARING PLAN 2020 401k membership | ||
Total participants, beginning-of-year | 2020-01-01 | 133 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 58 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 40 |
Total of all active and inactive participants | 2020-01-01 | 98 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 0 |
Total participants | 2020-01-01 | 98 |
Number of participants with account balances | 2020-01-01 | 79 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 2 |
2019: ULTIMATE JETCHARTERS, LLC 401K PROFIT SHARING PLAN 2019 401k membership | ||
Total participants, beginning-of-year | 2019-01-01 | 130 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 110 |
Number of retired or separated participants receiving benefits | 2019-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 23 |
Total of all active and inactive participants | 2019-01-01 | 133 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 0 |
Total participants | 2019-01-01 | 133 |
Number of participants with account balances | 2019-01-01 | 80 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 7 |
Measure | Date | Value |
---|---|---|
2020 : ULTIMATE JETCHARTERS, LLC 401K PROFIT SHARING 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 | $386,772 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $183,197 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $154,501 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $258,519 |
Value of total assets at end of year | 2020-12-31 | $2,013,565 |
Value of total assets at beginning of year | 2020-12-31 | $1,809,990 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $28,696 |
Total interest from all sources | 2020-12-31 | $3,094 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $38,370 |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $38,370 |
Was this plan covered by a fidelity bond | 2020-12-31 | No |
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 | $258,519 |
Participant contributions at end of year | 2020-12-31 | $101,663 |
Participant contributions at beginning of year | 2020-12-31 | $18,010 |
Participant contributions at end of year | 2020-12-31 | $0 |
Participant contributions at beginning of year | 2020-12-31 | $11,347 |
Assets. Other investments not covered elsewhere at end of year | 2020-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2020-12-31 | $0 |
Total non interest bearing cash at end of year | 2020-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $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 | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $203,575 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $2,013,565 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $1,809,990 |
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 |
Investment advisory and management fees | 2020-12-31 | $8,297 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $1,745,916 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $1,626,870 |
Interest on participant loans | 2020-12-31 | $2,399 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $2,813 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $34,038 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $163,173 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $119,725 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $119,725 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $695 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $86,789 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $154,501 |
Contract administrator fees | 2020-12-31 | $20,399 |
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 | KLESHINSKI, MORRISON, & MORRIS, LLP |
Accountancy firm EIN | 2020-12-31 | 341568021 |
2019 : ULTIMATE JETCHARTERS, LLC 401K PROFIT SHARING PLAN 2019 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
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 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 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 | $658,713 |
Total income from all sources (including contributions) | 2019-12-31 | $658,713 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $761,943 |
Total of all expenses incurred | 2019-12-31 | $761,943 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $742,097 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $742,097 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $329,633 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $329,633 |
Value of total assets at end of year | 2019-12-31 | $1,809,990 |
Value of total assets at end of year | 2019-12-31 | $1,809,990 |
Value of total assets at beginning of year | 2019-12-31 | $1,913,220 |
Value of total assets at beginning of year | 2019-12-31 | $1,913,220 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $19,846 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $19,846 |
Total interest from all sources | 2019-12-31 | $2,662 |
Total interest from all sources | 2019-12-31 | $2,662 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $50,547 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $50,547 |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $50,547 |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $50,547 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $200,000 |
Value of fidelity bond cover | 2019-12-31 | $200,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
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 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $329,633 |
Contributions received from participants | 2019-12-31 | $329,633 |
Participant contributions at end of year | 2019-12-31 | $18,010 |
Participant contributions at end of year | 2019-12-31 | $18,010 |
Participant contributions at beginning of year | 2019-12-31 | $8,615 |
Participant contributions at beginning of year | 2019-12-31 | $8,615 |
Participant contributions at end of year | 2019-12-31 | $11,347 |
Participant contributions at end of year | 2019-12-31 | $11,347 |
Participant contributions at beginning of year | 2019-12-31 | $0 |
Participant contributions at beginning of year | 2019-12-31 | $0 |
Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $0 |
Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $785 |
Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $785 |
Total non interest bearing cash at end of year | 2019-12-31 | $0 |
Total non interest bearing cash at end of year | 2019-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $135 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $135 |
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 |
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 | $-103,230 |
Value of net income/loss | 2019-12-31 | $-103,230 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $1,809,990 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $1,809,990 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $1,913,220 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $1,913,220 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
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 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 |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $9,696 |
Investment advisory and management fees | 2019-12-31 | $9,696 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $1,626,870 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $1,626,870 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $1,719,451 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $1,719,451 |
Interest on participant loans | 2019-12-31 | $1,347 |
Interest on participant loans | 2019-12-31 | $1,347 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $34,038 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $34,038 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $20,462 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $20,462 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $119,725 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $119,725 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $163,772 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $163,772 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $163,772 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $163,772 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $1,315 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $1,315 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $275,871 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $275,871 |
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 |
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 |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $742,097 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $742,097 |
Contract administrator fees | 2019-12-31 | $10,150 |
Contract administrator fees | 2019-12-31 | $10,150 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
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 |
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 |
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 |
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 |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | KLESHINSKI, MORRISON, & MORRIS, LLP |
Accountancy firm name | 2019-12-31 | KLESHINSKI, MORRISON, & MORRIS, LLP |
Accountancy firm EIN | 2019-12-31 | 341568021 |
Accountancy firm EIN | 2019-12-31 | 341568021 |
2020: ULTIMATE JETCHARTERS, LLC 401K PROFIT SHARING 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: ULTIMATE JETCHARTERS, LLC 401K PROFIT SHARING 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 |