401k Plan data: ASPEN WASTE SYSTEMS, INC. 401(K) PROFIT SHARING PLAN plan

ASPEN WASTE SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	ASPEN WASTE SYSTEMS, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	001

ASPEN WASTE SYSTEMS, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ASPEN WASTE SYSTEMS, INC. has sponsored the creation of one or more 401k plans.

Company Name: ASPEN WASTE SYSTEMS, INC.

Employer identification number (EIN): 320316668

NAIC Classification: 562000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ASPEN WASTE SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01

Plan Statistics for ASPEN WASTE SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for ASPEN WASTE SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2022: ASPEN WASTE SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 292
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 263
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 21
Total of all active and inactive participants 2022-01-01 284
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 284
Number of participants with account balances 2022-01-01 173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 8
2021: ASPEN WASTE SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 294
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 256
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 23
Total of all active and inactive participants 2021-01-01 279
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 279
Number of participants with account balances 2021-01-01 166
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 11

Measure	Date	Value
2022: ASPEN WASTE SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	292
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	263
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	21
Total of all active and inactive participants	2022-01-01	284
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	284
Number of participants with account balances	2022-01-01	173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	8
2021: ASPEN WASTE SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	294
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	256
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	23
Total of all active and inactive participants	2021-01-01	279
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	279
Number of participants with account balances	2021-01-01	166
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	11

Financial Data on ASPEN WASTE SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2022 : ASPEN WASTE SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$1,028
Total income from all sources (including contributions)	2022-12-31	$-541,777
Total of all expenses incurred	2022-12-31	$2,341,539
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$2,322,879
Value of total corrective distributions	2022-12-31	$3,155
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$1,366,727
Value of total assets at end of year	2022-12-31	$8,787,606
Value of total assets at beginning of year	2022-12-31	$11,669,894
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$15,505
Total interest from all sources	2022-12-31	$0
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
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	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$926,603
Participant contributions at end of year	2022-12-31	$45,073
Participant contributions at beginning of year	2022-12-31	$565
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$144,622
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2022-12-31	$670
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	$-2,883,316
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$8,786,578
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$11,669,894
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 in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$1,519,476
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$1,800,041
Value of interest in pooled separate accounts at end of year	2022-12-31	$228,100
Value of interest in pooled separate accounts at beginning of year	2022-12-31	$176,353
Value of interest in common/collective trusts at end of year	2022-12-31	$6,860,989
Value of interest in common/collective trusts at beginning of year	2022-12-31	$9,592,357
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$119,233
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$100,578
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-1,908,504
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
Contributions received in cash from employer	2022-12-31	$295,502
Employer contributions (assets) at end of year	2022-12-31	$14,735
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$2,322,209
Contract administrator fees	2022-12-31	$15,505
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
Liabilities. Value of acquisition indebtedness at end of year	2022-12-31	$1,028
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	EIDE BAILLY LLP
Accountancy firm EIN	2022-12-31	450205958
2021 : ASPEN WASTE SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$1,181
Total income from all sources (including contributions)	2021-12-31	$2,925,188
Total of all expenses incurred	2021-12-31	$2,365,822
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$2,338,908
Value of total corrective distributions	2021-12-31	$6,891
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,385,328
Value of total assets at end of year	2021-12-31	$11,669,894
Value of total assets at beginning of year	2021-12-31	$11,111,709
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$20,023
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
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
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$772,683
Participant contributions at end of year	2021-12-31	$565
Participant contributions at beginning of year	2021-12-31	$65
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$351,813
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2021-12-31	$1,181
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	$559,366
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$11,669,894
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$11,110,528
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	$1,800,041
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$11,111,644
Value of interest in pooled separate accounts at end of year	2021-12-31	$176,353
Value of interest in common/collective trusts at end of year	2021-12-31	$9,592,357
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$100,578
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$1,539,860
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	$260,832
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$2,338,908
Contract administrator fees	2021-12-31	$20,023
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	EIDE BAILLY LLP
Accountancy firm EIN	2021-12-31	450205958

Form 5500 Responses for ASPEN WASTE SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

2022: ASPEN WASTE SYSTEMS, INC. 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
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 – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: ASPEN WASTE SYSTEMS, INC. 401(K) PROFIT SHARING 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 – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

613953

Policy instance

Insurance contract or identification number	613953
Number of Individuals Covered	336
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $52
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Amount paid for insurance broker fees	52
Additional information about fees paid to insurance broker	REFERRAL/SERVICE FEE
Insurance broker organization code?	3

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

471773

Policy instance

Insurance contract or identification number	471773
Number of Individuals Covered	336
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $96
Amount paid for insurance broker fees	96
Insurance broker organization code?	3

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

613953

Policy instance

Insurance contract or identification number	613953
Number of Individuals Covered	320
Insurance policy start date	2021-05-01
Insurance policy end date	2021-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $13
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Commission paid to Insurance Broker	USD $0
Amount paid for insurance broker fees	13
Additional information about fees paid to insurance broker	REFERRAL/SERVICE FEE
Insurance broker organization code?	3

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

471773

Policy instance

Insurance contract or identification number	471773
Number of Individuals Covered	320
Insurance policy start date	2021-05-01
Insurance policy end date	2021-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $26
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $0
Amount paid for insurance broker fees	26
Additional information about fees paid to insurance broker	REFERRAL/SERVICE FEE
Insurance broker organization code?	3

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Company Name:	ASPEN WASTE SYSTEMS, INC.
Employer identification number (EIN):	320316668
NAIC Classification:	562000