VS ENGINEERING, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan VS ENGINEERING, INC. PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2023 : VS ENGINEERING, INC. PROFIT SHARING PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| 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 | $3,497,544 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,412,153 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,334,022 |
| Expenses. Certain deemed distributions of participant loans | 2023-12-31 | $76,002 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,707,475 |
| Value of total assets at end of year | 2023-12-31 | $13,961,661 |
| Value of total assets at beginning of year | 2023-12-31 | $11,876,270 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $2,129 |
| Total interest from all sources | 2023-12-31 | $8,489 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $650,000 |
| 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 | $868,287 |
| Participant contributions at end of year | 2023-12-31 | $0 |
| Participant contributions at beginning of year | 2023-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $36,796 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $0 |
| Assets. Loans (other than to participants) at end of year | 2023-12-31 | $35,825 |
| Assets. Loans (other than to participants) at beginning of year | 2023-12-31 | $126,835 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-12-31 | $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 | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $2,085,391 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $13,961,661 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $11,876,270 |
| 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 |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $12,827,285 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $10,658,655 |
| Interest on participant loans | 2023-12-31 | $2,907 |
| Interest earned on other investments | 2023-12-31 | $5,582 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $292,199 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $336,540 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $1,781,580 |
| 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 | No |
| 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 | $802,392 |
| Employer contributions (assets) at end of year | 2023-12-31 | $806,352 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $754,240 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,334,022 |
| 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 | CBIZ CPAS PC |
| Accountancy firm EIN | 2023-12-31 | 431947695 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $3,497,544 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $1,412,153 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $1,334,022 |
| Expenses. Certain deemed distributions of participant loans | 2023-01-01 | $76,002 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,707,475 |
| Value of total assets at end of year | 2023-01-01 | $13,961,661 |
| Value of total assets at beginning of year | 2023-01-01 | $11,876,270 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $2,129 |
| Total interest from all sources | 2023-01-01 | $8,489 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $650,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $868,287 |
| Participant contributions at end of year | 2023-01-01 | $0 |
| Participant contributions at beginning of year | 2023-01-01 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $36,796 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $0 |
| Assets. Loans (other than to participants) at end of year | 2023-01-01 | $35,825 |
| Assets. Loans (other than to participants) at beginning of year | 2023-01-01 | $126,835 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-01-01 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-01-01 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $2,085,391 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $13,961,661 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $11,876,270 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in pooled separate accounts at end of year | 2023-01-01 | $12,827,285 |
| Value of interest in pooled separate accounts at beginning of year | 2023-01-01 | $10,658,655 |
| Interest on participant loans | 2023-01-01 | $2,907 |
| Interest earned on other investments | 2023-01-01 | $5,582 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $292,199 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $336,540 |
| Net investment gain/loss from pooled separate accounts | 2023-01-01 | $1,781,580 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $802,392 |
| Employer contributions (assets) at end of year | 2023-01-01 | $806,352 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $754,240 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $1,334,022 |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | CBIZ CPAS PC |
| Accountancy firm EIN | 2023-01-01 | 431947695 |
| 2022 : VS ENGINEERING, INC. PROFIT SHARING 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 | $158 |
| Total income from all sources (including contributions) | 2022-12-31 | $-418,182 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $951,349 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $949,399 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,544,799 |
| Value of total assets at end of year | 2022-12-31 | $11,876,270 |
| Value of total assets at beginning of year | 2022-12-31 | $13,245,959 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $1,950 |
| Total interest from all sources | 2022-12-31 | $8,304 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Administrative expenses professional fees incurred | 2022-12-31 | $1,950 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $650,000 |
| 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 | $740,343 |
| Participant contributions at end of year | 2022-12-31 | $0 |
| Participant contributions at beginning of year | 2022-12-31 | $92 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $54,176 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $0 |
| Assets. Loans (other than to participants) at end of year | 2022-12-31 | $126,835 |
| Assets. Loans (other than to participants) at beginning of year | 2022-12-31 | $166,393 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $158 |
| 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 | $-1,369,531 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $11,876,270 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $13,245,801 |
| 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 pooled separate accounts at end of year | 2022-12-31 | $10,658,655 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $12,189,162 |
| Interest on participant loans | 2022-12-31 | $5,741 |
| Interest earned on other investments | 2022-12-31 | $2,563 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $336,540 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $212,118 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-1,971,285 |
| 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 | $750,280 |
| Employer contributions (assets) at end of year | 2022-12-31 | $754,240 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $678,194 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $949,399 |
| 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 | SOMERSET CPAS, P.C. |
| Accountancy firm EIN | 2022-12-31 | 201717681 |
| Total expenses incurred by plan in this plan year | 2022-10-13 | 369076 |
| Net assets as of the end of the plan year | 2022-10-13 | 13261419 |
| Total assets as of the beginning of the plan year | 2022-10-13 | 10685734 |
| Value of plan covered by a fidelity bond | 2022-10-13 | 650000 |
| Participant contributions to plan in this plan year | 2022-10-13 | 589807 |
| Value of participant loans at end of plan year | 2022-10-13 | 166393 |
| Other expenses paid from plan in this plan year | 2022-10-13 | 20868 |
| Other contributions to plan in this plan year | 2022-10-13 | 8468 |
| Other income to plan in this plan year | 2022-10-13 | 1652674 |
| Plan net income in this plan year | 2022-10-13 | 2575685 |
| Net assets as of the end of the plan year | 2022-10-13 | 13261419 |
| Net assets as of the beginning of the plan year | 2022-10-13 | 10685734 |
| Employer contributions to plan in this plan year | 2022-10-13 | 693812 |
| Fees paid to broker by Benefit Provider | 2022-10-13 | 34305 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-10-13 | 2075 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $158 |
| Total income from all sources (including contributions) | 2022-01-01 | $-418,182 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $951,349 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $949,399 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,544,799 |
| Value of total assets at end of year | 2022-01-01 | $11,876,270 |
| Value of total assets at beginning of year | 2022-01-01 | $13,245,959 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $1,950 |
| Total interest from all sources | 2022-01-01 | $8,304 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Administrative expenses professional fees incurred | 2022-01-01 | $1,950 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $650,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $740,343 |
| Participant contributions at end of year | 2022-01-01 | $0 |
| Participant contributions at beginning of year | 2022-01-01 | $92 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $54,176 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-01-01 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-01-01 | $0 |
| Assets. Loans (other than to participants) at end of year | 2022-01-01 | $126,835 |
| Assets. Loans (other than to participants) at beginning of year | 2022-01-01 | $166,393 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-01-01 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-01-01 | $158 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-1,369,531 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $11,876,270 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $13,245,801 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $10,658,655 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $12,189,162 |
| Interest on participant loans | 2022-01-01 | $5,741 |
| Interest earned on other investments | 2022-01-01 | $2,563 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $336,540 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $212,118 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-1,971,285 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $750,280 |
| Employer contributions (assets) at end of year | 2022-01-01 | $754,240 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $678,194 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $949,399 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | SOMERSET CPAS, P.C. |
| Accountancy firm EIN | 2022-01-01 | 201717681 |
