FLEX-N-GATE DETROIT, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan FLEX-N-GATE DETROIT UNION #155 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : FLEX-N-GATE DETROIT UNION #155 401(K) PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total transfer of assets to this plan | 2023-12-31 | $11,680 |
| Total transfer of assets from this plan | 2023-12-31 | $21,464 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $849,644 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $217,324 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $206,212 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $616,639 |
| Value of total assets at end of year | 2023-12-31 | $1,991,388 |
| Value of total assets at beginning of year | 2023-12-31 | $1,368,852 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $11,112 |
| Total interest from all sources | 2023-12-31 | $4,286 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $39,551 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $39,551 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $364,381 |
| Participant contributions at end of year | 2023-12-31 | $130,227 |
| Participant contributions at beginning of year | 2023-12-31 | $82,570 |
| Participant contributions at end of year | 2023-12-31 | $0 |
| Participant contributions at beginning of year | 2023-12-31 | $6,510 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $632,320 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $1,991,388 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $1,368,852 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $164 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $1,608,903 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $1,028,250 |
| Interest on participant loans | 2023-12-31 | $4,286 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $189,168 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $252,258 |
| Employer contributions (assets) at end of year | 2023-12-31 | $252,258 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $251,522 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $206,212 |
| Contract administrator fees | 2023-12-31 | $5,751 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | CLIFTON LARSON ALLEN LLP |
| Accountancy firm EIN | 2023-12-31 | 410746749 |
| 2022 : FLEX-N-GATE DETROIT UNION #155 401(K) 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 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $463,033 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $205,652 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $196,025 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $625,657 |
| Value of total assets at end of year | 2022-12-31 | $1,368,852 |
| Value of total assets at beginning of year | 2022-12-31 | $1,111,471 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $9,627 |
| Total interest from all sources | 2022-12-31 | $1,533 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $35,518 |
| 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 | $35,518 |
| Administrative expenses professional fees incurred | 2022-12-31 | $148 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
| 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 | $374,135 |
| Participant contributions at end of year | 2022-12-31 | $82,570 |
| Participant contributions at beginning of year | 2022-12-31 | $44,483 |
| Participant contributions at end of year | 2022-12-31 | $6,510 |
| Participant contributions at beginning of year | 2022-12-31 | $10,971 |
| 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 | $257,381 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $1,368,852 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $1,111,471 |
| 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 |
| Investment advisory and management fees | 2022-12-31 | $82 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $1,028,250 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $842,259 |
| Interest on participant loans | 2022-12-31 | $1,533 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-199,675 |
| 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 | Yes |
| 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 | $251,522 |
| Employer contributions (assets) at end of year | 2022-12-31 | $251,522 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $213,758 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $196,025 |
| Contract administrator fees | 2022-12-31 | $9,397 |
| 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 |
| 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 |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | CLIFTON LARSON ALLEN LLP |
| Accountancy firm EIN | 2022-12-31 | 410746749 |
| 2021 : FLEX-N-GATE DETROIT UNION #155 401(K) PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total transfer of assets to this plan | 2021-12-31 | $839,890 |
| Total transfer of assets from this plan | 2021-12-31 | $3,011 |
| 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 | $323,881 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $49,289 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $47,080 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $292,777 |
| Value of total assets at end of year | 2021-12-31 | $1,111,471 |
| Value of total assets at beginning of year | 2021-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $2,209 |
| Total interest from all sources | 2021-12-31 | $513 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $17,921 |
| 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 | $17,921 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
| 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 | $173,038 |
| Participant contributions at end of year | 2021-12-31 | $44,483 |
| Participant contributions at beginning of year | 2021-12-31 | $0 |
| Participant contributions at end of year | 2021-12-31 | $10,971 |
| Participant contributions at beginning of year | 2021-12-31 | $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 | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $274,592 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $1,111,471 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $0 |
| 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 | $842,259 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $0 |
| Interest on participant loans | 2021-12-31 | $513 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $12,670 |
| 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 | Yes |
| 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 | $119,739 |
| Employer contributions (assets) at end of year | 2021-12-31 | $213,758 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $47,080 |
| Contract administrator fees | 2021-12-31 | $2,209 |
| 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 | CLIFTON LARSON ALLEN LLP |
| Accountancy firm EIN | 2021-12-31 | 410746749 |
