PRIME JET US, LLC has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2023 : PRIME JET, LLC 401(K) 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 | $2,192,703 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $452,797 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $445,987 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,549,137 |
| Value of total assets at end of year | 2023-12-31 | $6,055,640 |
| Value of total assets at beginning of year | 2023-12-31 | $4,315,734 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $6,810 |
| Total interest from all sources | 2023-12-31 | $2,228 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $156,057 |
| 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 | $156,057 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $300,000 |
| 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 | $972,383 |
| Participant contributions at end of year | 2023-12-31 | $0 |
| Participant contributions at beginning of year | 2023-12-31 | $87 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $64,139 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $11,529 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $0 |
| Total non interest bearing cash at end of year | 2023-12-31 | $9,080 |
| Total non interest bearing cash 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 | $1,739,906 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $6,055,640 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $4,315,734 |
| 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 registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $5,992,784 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $0 |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $4,223,396 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $9,634 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $2,228 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $485,281 |
| 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 | $512,615 |
| Employer contributions (assets) at end of year | 2023-12-31 | $32,613 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $92,251 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $445,987 |
| 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 | GALGAS RUSSELL LLP |
| Accountancy firm EIN | 2023-12-31 | 953535236 |
| 2022 : PRIME JET, LLC 401(K) PLAN 2022 401k financial data |
|---|
| Total income from all sources (including contributions) | 2022-12-31 | $661,379 |
| Total of all expenses incurred | 2022-12-31 | $634,099 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $632,445 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,420,303 |
| Value of total assets at end of year | 2022-12-31 | $4,315,734 |
| Value of total assets at beginning of year | 2022-12-31 | $4,288,454 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $1,654 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $300,000 |
| 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 | $794,317 |
| Participant contributions at end of year | 2022-12-31 | $87 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $103,862 |
| Total non interest bearing cash at end of year | 2022-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $2 |
| 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 | $27,280 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $4,315,734 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $4,288,454 |
| 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 | $4,223,396 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $4,288,452 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $-758,924 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $522,124 |
| Employer contributions (assets) at end of year | 2022-12-31 | $92,251 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $632,445 |
| Contract administrator fees | 2022-12-31 | $1,654 |
| 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 | No |
| 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 | GALGAS RUSSELL LLP |
| Accountancy firm EIN | 2022-12-31 | 953535236 |
