GBS LINENS INC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST
401k plan membership statisitcs for GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST
Measure | Date | Value |
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2020 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2020 401k financial data |
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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 | $370,252 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $237,196 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $205,498 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $154,218 |
Value of total assets at end of year | 2020-12-31 | $2,352,097 |
Value of total assets at beginning of year | 2020-12-31 | $2,219,041 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $31,698 |
Total interest from all sources | 2020-12-31 | $2,722 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $93,746 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $93,746 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $300,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $109,671 |
Participant contributions at end of year | 2020-12-31 | $69,753 |
Participant contributions at beginning of year | 2020-12-31 | $75,276 |
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 | $133,056 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $2,352,097 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $2,219,041 |
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 | $27,818 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $2,197,925 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $2,047,263 |
Interest on participant loans | 2020-12-31 | $2,516 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $84,419 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $96,502 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $96,502 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $206 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $119,566 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | Yes |
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 |
Contributions received in cash from employer | 2020-12-31 | $44,547 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $205,498 |
Contract administrator fees | 2020-12-31 | $3,880 |
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 | CHUGH CPAS LLP |
Accountancy firm EIN | 2020-12-31 | 472202224 |
2019 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2019 401k financial data |
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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 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 | $625,459 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $30,245 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $0 |
Value of total corrective distributions | 2019-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $231,017 |
Value of total assets at end of year | 2019-12-31 | $2,218,933 |
Value of total assets at beginning of year | 2019-12-31 | $1,623,719 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $30,244 |
Total interest from all sources | 2019-12-31 | $4,930 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $79,256 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $79,256 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $300,000 |
If this is an individual account plan, was there a blackout period | 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 | $162,915 |
Participant contributions at end of year | 2019-12-31 | $75,276 |
Participant contributions at beginning of year | 2019-12-31 | $77,434 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $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 | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $595,214 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $2,218,933 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $1,623,719 |
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 leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $27,387 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $2,047,263 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $1,460,051 |
Interest on participant loans | 2019-12-31 | $3,517 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $96,394 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $86,234 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $86,234 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $1,413 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $310,256 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
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 |
Contributions received in cash from employer | 2019-12-31 | $68,102 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1 |
Contract administrator fees | 2019-12-31 | $2,857 |
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 |
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 |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | CHUGH CPAS LLP |
Accountancy firm EIN | 2019-12-31 | 472202224 |
2018 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2018 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $80,069 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $55,823 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $38,919 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $188,975 |
Value of total assets at end of year | 2018-12-31 | $1,623,719 |
Value of total assets at beginning of year | 2018-12-31 | $1,599,473 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $16,904 |
Total interest from all sources | 2018-12-31 | $4,466 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $110,412 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Administrative expenses professional fees incurred | 2018-12-31 | $2,588 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $159,947 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $134,278 |
Participant contributions at end of year | 2018-12-31 | $77,434 |
Participant contributions at beginning of year | 2018-12-31 | $83,572 |
Participant contributions at end of year | 2018-12-31 | $0 |
Participant contributions at beginning of year | 2018-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $1,896 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $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 | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $24,246 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $1,623,719 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $1,599,473 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $1,460,051 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $1,432,557 |
Interest on participant loans | 2018-12-31 | $3,414 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $86,234 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $83,344 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $83,344 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $1,052 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-223,784 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $52,801 |
Employer contributions (assets) at end of year | 2018-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $0 |
Income. Dividends from common stock | 2018-12-31 | $110,412 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $38,919 |
Contract administrator fees | 2018-12-31 | $14,316 |
Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | CHUGH CPAS LLP |
Accountancy firm EIN | 2018-12-31 | 472202224 |
2017 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2017 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $409,718 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $185,132 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $183,370 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $178,505 |
Value of total assets at end of year | 2017-12-31 | $1,599,473 |
Value of total assets at beginning of year | 2017-12-31 | $1,374,887 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $1,762 |
Total interest from all sources | 2017-12-31 | $3,731 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $76,720 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $76,720 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $137,489 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $127,310 |
Participant contributions at end of year | 2017-12-31 | $83,572 |
Participant contributions at beginning of year | 2017-12-31 | $69,512 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $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 | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $224,586 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $1,599,473 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $1,374,887 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $1,432,557 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $1,218,860 |
Interest on participant loans | 2017-12-31 | $3,512 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $83,344 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $86,515 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $86,515 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $219 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $150,762 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $51,195 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $183,370 |
Contract administrator fees | 2017-12-31 | $1,762 |
Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | CHUGH CPAS LLP |
Accountancy firm EIN | 2017-12-31 | 472202224 |
2016 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2016 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total income from all sources (including contributions) | 2016-12-31 | $324,065 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $102,354 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $101,494 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $209,185 |
Value of total assets at end of year | 2016-12-31 | $1,374,887 |
Value of total assets at beginning of year | 2016-12-31 | $1,153,176 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $860 |
Total interest from all sources | 2016-12-31 | $2,399 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $33,964 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $33,964 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $115,318 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $120,065 |
Participant contributions at end of year | 2016-12-31 | $69,512 |
Participant contributions at beginning of year | 2016-12-31 | $52,755 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $41,017 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $221,711 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $1,374,887 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $1,153,176 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $1,218,860 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $1,031,645 |
Interest on participant loans | 2016-12-31 | $2,391 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $86,515 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $68,776 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $68,776 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $8 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $78,517 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $48,103 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $101,494 |
Contract administrator fees | 2016-12-31 | $860 |
Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | CHUGH CPAS LLP |
Accountancy firm EIN | 2016-12-31 | 472202224 |
2015 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2015 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2015-12-31 | $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 | $122,755 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $560,353 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $559,493 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $142,315 |
Value of total assets at end of year | 2015-12-31 | $1,153,176 |
Value of total assets at beginning of year | 2015-12-31 | $1,590,774 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $860 |
Total interest from all sources | 2015-12-31 | $3,074 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $56,576 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $56,576 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $159,077 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $97,273 |
Participant contributions at end of year | 2015-12-31 | $52,755 |
Participant contributions at beginning of year | 2015-12-31 | $80,540 |
Administrative expenses (other) incurred | 2015-12-31 | $860 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $-437,598 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $1,153,176 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $1,590,774 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $1,031,645 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $1,362,647 |
Interest on participant loans | 2015-12-31 | $3,065 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $68,776 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $147,587 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $147,587 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $9 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-79,210 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $45,042 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $559,493 |
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 | 2015-12-31 | No |
Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | CHUGH CPAS LLP |
Accountancy firm EIN | 2015-12-31 | 472202224 |
2014 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2014 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $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 | $245,601 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $197,354 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $196,299 |
Expenses. Certain deemed distributions of participant loans | 2014-12-31 | $0 |
Value of total corrective distributions | 2014-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $169,112 |
Value of total assets at end of year | 2014-12-31 | $1,590,774 |
Value of total assets at beginning of year | 2014-12-31 | $1,542,527 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $1,055 |
Total interest from all sources | 2014-12-31 | $3,448 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $63,560 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $63,560 |
Assets. Real estate other than employer real property at beginning of year | 2014-12-31 | $0 |
Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2014-12-31 | $0 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $154,252 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $115,701 |
Participant contributions at end of year | 2014-12-31 | $80,540 |
Participant contributions at beginning of year | 2014-12-31 | $92,623 |
Participant contributions at end of year | 2014-12-31 | $0 |
Participant contributions at beginning of year | 2014-12-31 | $0 |
Assets. Other investments not covered elsewhere at end of year | 2014-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2014-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $0 |
Assets. Loans (other than to participants) at beginning of year | 2014-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $0 |
Administrative expenses (other) incurred | 2014-12-31 | $1,055 |
Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2014-12-31 | $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 | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $48,247 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $1,590,774 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $1,542,527 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Assets. partnership/joint venture interests at beginning of year | 2014-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $1,362,647 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $1,328,199 |
Value of interest in pooled separate accounts at end of year | 2014-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $0 |
Interest on participant loans | 2014-12-31 | $3,435 |
Value of interest in master investment trust accounts at end of year | 2014-12-31 | $0 |
Value of interest in master investment trust accounts at beginning of year | 2014-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2014-12-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $147,587 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $121,705 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $121,705 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $13 |
Assets. Value of investments in 103.12 investment entities at end of year | 2014-12-31 | $0 |
Assets. Value of investments in 103.12 investment entities at beginning of year | 2014-12-31 | $0 |
Asset value of US Government securities at beginning of year | 2014-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $9,481 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Assets. Invements in employer securities at beginning of year | 2014-12-31 | $0 |
Assets. Value of employer real property at beginning of year | 2014-12-31 | $0 |
Contributions received in cash from employer | 2014-12-31 | $53,411 |
Employer contributions (assets) at end of year | 2014-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $196,299 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2014-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2014-12-31 | $0 |
Contract administrator fees | 2014-12-31 | $0 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2014-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2014-12-31 | $0 |
Assets. Value of buildings and other operty used in plan operation at beginning of year | 2014-12-31 | $0 |
Did the plan have assets held for investment | 2014-12-31 | 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 | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Liabilities. Value of acquisition indebtedness at beginning of year | 2014-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | CHUGH CPAS LLC |
Accountancy firm EIN | 2014-12-31 | 472202224 |
2013 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2013 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total income from all sources (including contributions) | 2013-12-31 | $408,050 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $25,598 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $24,543 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $145,066 |
Value of total assets at end of year | 2013-12-31 | $1,542,527 |
Value of total assets at beginning of year | 2013-12-31 | $1,160,075 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $1,055 |
Total interest from all sources | 2013-12-31 | $4,697 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $71,761 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $71,761 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $116,007 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $97,980 |
Participant contributions at end of year | 2013-12-31 | $92,623 |
Participant contributions at beginning of year | 2013-12-31 | $124,765 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $0 |
Administrative expenses (other) incurred | 2013-12-31 | $1,055 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $382,452 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $1,542,527 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $1,160,075 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $1,328,199 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $949,227 |
Interest on participant loans | 2013-12-31 | $4,686 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $121,705 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $86,083 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $86,083 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $11 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $186,526 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $47,086 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $24,543 |
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 | 2013-12-31 | No |
Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | THE CHUGH FIRM |
Accountancy firm EIN | 2013-12-31 | 330963374 |
2012 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2012 401k financial data |
---|
Total income from all sources (including contributions) | 2012-12-31 | $276,622 |
Total of all expenses incurred | 2012-12-31 | $25,036 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $23,981 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $186,281 |
Value of total assets at end of year | 2012-12-31 | $1,160,075 |
Value of total assets at beginning of year | 2012-12-31 | $908,489 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $1,055 |
Total interest from all sources | 2012-12-31 | $5,466 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $12,527 |
Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $12,527 |
Assets. Real estate other than employer real property at beginning of year | 2012-12-31 | $0 |
Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2012-12-31 | $0 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $90,849 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $136,814 |
Participant contributions at end of year | 2012-12-31 | $124,765 |
Participant contributions at beginning of year | 2012-12-31 | $109,385 |
Participant contributions at end of year | 2012-12-31 | $0 |
Participant contributions at beginning of year | 2012-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2012-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $0 |
Assets. Loans (other than to participants) at beginning of year | 2012-12-31 | $0 |
Administrative expenses (other) incurred | 2012-12-31 | $1,055 |
Total non interest bearing cash at beginning of year | 2012-12-31 | $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 | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $251,586 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $1,160,075 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $908,489 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Assets. partnership/joint venture interests at beginning of year | 2012-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $949,227 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $650,437 |
Value of interest in pooled separate accounts at beginning of year | 2012-12-31 | $0 |
Interest on participant loans | 2012-12-31 | $5,466 |
Value of interest in master investment trust accounts at beginning of year | 2012-12-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $86,083 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $148,667 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $148,667 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $0 |
Assets. Value of investments in 103.12 investment entities at beginning of year | 2012-12-31 | $0 |
Asset value of US Government securities at beginning of year | 2012-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $72,348 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $49,467 |
Employer contributions (assets) at end of year | 2012-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $23,981 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2012-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2012-12-31 | $0 |
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 | 2012-12-31 | No |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2012-12-31 | $0 |
Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | THE CHUGH FIRM |
Accountancy firm EIN | 2012-12-31 | 330963374 |
2011 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2011 401k financial data |
---|
Total income from all sources (including contributions) | 2011-12-31 | $149,552 |
Total of all expenses incurred | 2011-12-31 | $44,310 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $43,265 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $159,723 |
Value of total assets at end of year | 2011-12-31 | $908,489 |
Value of total assets at beginning of year | 2011-12-31 | $803,247 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $1,045 |
Total interest from all sources | 2011-12-31 | $4,419 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $16,455 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $16,455 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $80,324 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $110,793 |
Participant contributions at end of year | 2011-12-31 | $109,385 |
Participant contributions at beginning of year | 2011-12-31 | $47,286 |
Administrative expenses (other) incurred | 2011-12-31 | $1,045 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $105,242 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $908,489 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $803,247 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $650,437 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $699,238 |
Interest on participant loans | 2011-12-31 | $4,419 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $148,667 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $56,723 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $56,723 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-31,045 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $48,930 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $43,265 |
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 | 2011-12-31 | No |
Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | THE CHUGH FIRM |
Accountancy firm EIN | 2011-12-31 | 330963374 |
2010 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2010 401k financial data |
---|
Total income from all sources (including contributions) | 2010-12-31 | $235,547 |
Total of all expenses incurred | 2010-12-31 | $2,151 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $1,078 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $162,732 |
Value of total assets at end of year | 2010-12-31 | $803,247 |
Value of total assets at beginning of year | 2010-12-31 | $569,851 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $1,073 |
Total interest from all sources | 2010-12-31 | $2,229 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $6,202 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $6,202 |
Assets. Real estate other than employer real property at beginning of year | 2010-12-31 | $0 |
Administrative expenses professional fees incurred | 2010-12-31 | $80 |
Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2010-12-31 | $0 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $56,985 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $115,122 |
Participant contributions at end of year | 2010-12-31 | $47,286 |
Participant contributions at beginning of year | 2010-12-31 | $23,794 |
Participant contributions at beginning of year | 2010-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $0 |
Assets. Loans (other than to participants) at beginning of year | 2010-12-31 | $0 |
Administrative expenses (other) incurred | 2010-12-31 | $993 |
Total non interest bearing cash at beginning of year | 2010-12-31 | $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 | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $233,396 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $803,247 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $569,851 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Assets. partnership/joint venture interests at beginning of year | 2010-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $699,238 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $479,291 |
Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $0 |
Interest on participant loans | 2010-12-31 | $2,223 |
Value of interest in master investment trust accounts at beginning of year | 2010-12-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $56,723 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $66,766 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $66,766 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $6 |
Assets. Value of investments in 103.12 investment entities at beginning of year | 2010-12-31 | $0 |
Asset value of US Government securities at beginning of year | 2010-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $64,384 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Assets. Invements in employer securities at beginning of year | 2010-12-31 | $0 |
Assets. Value of employer real property at beginning of year | 2010-12-31 | $0 |
Contributions received in cash from employer | 2010-12-31 | $47,610 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $1,078 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2010-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2010-12-31 | $0 |
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 | 2010-12-31 | No |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2010-12-31 | $0 |
Assets. Value of buildings and other operty used in plan operation at beginning of year | 2010-12-31 | $0 |
Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | THE CHUGH FIRM |
Accountancy firm EIN | 2010-12-31 | 330963374 |