CORTEC, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan CORTEC,LLC SECONDARY EMPLOYEE BENEFIT PLAN & TRUST
401k plan membership statisitcs for CORTEC,LLC SECONDARY EMPLOYEE BENEFIT PLAN & TRUST
| Measure | Date | Value |
|---|
| 2017 : CORTEC,LLC SECONDARY EMPLOYEE BENEFIT PLAN & TRUST 2017 401k financial data |
|---|
| Total plan liabilities at beginning of year | 2017-10-31 | $4,914 |
| Expenses. Total of all expenses incurred | 2017-10-31 | $62,588 |
| Benefits paid (including direct rollovers) | 2017-10-31 | $52,603 |
| Total plan assets at beginning of year | 2017-10-31 | $67,502 |
| Expenses. Other expenses not covered elsewhere | 2017-10-31 | $1,025 |
| Net income (gross income less expenses) | 2017-10-31 | $-62,588 |
| Net plan assets at beginning of year (total assets less liabilities) | 2017-10-31 | $62,588 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2017-10-31 | $8,960 |
| 2016 : CORTEC,LLC SECONDARY EMPLOYEE BENEFIT PLAN & TRUST 2016 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-10-31 | $4,914 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-10-31 | $339 |
| Total income from all sources (including contributions) | 2016-10-31 | $1,077,166 |
| Total of all expenses incurred | 2016-10-31 | $1,063,669 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-10-31 | $980,959 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-10-31 | $1,077,166 |
| Value of total assets at end of year | 2016-10-31 | $67,502 |
| Value of total assets at beginning of year | 2016-10-31 | $49,430 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-10-31 | $82,710 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-10-31 | No |
| Was this plan covered by a fidelity bond | 2016-10-31 | No |
| If this is an individual account plan, was there a blackout period | 2016-10-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-10-31 | No |
| Contributions received from participants | 2016-10-31 | $218,777 |
| Administrative expenses (other) incurred | 2016-10-31 | $6,235 |
| Total non interest bearing cash at end of year | 2016-10-31 | $67,502 |
| Total non interest bearing cash at beginning of year | 2016-10-31 | $49,430 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-10-31 | No |
| Value of net income/loss | 2016-10-31 | $13,497 |
| Value of net assets at end of year (total assets less liabilities) | 2016-10-31 | $62,588 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-10-31 | $49,091 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-10-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2016-10-31 | $947,734 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-10-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-10-31 | No |
| Contributions received in cash from employer | 2016-10-31 | $858,389 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-10-31 | $33,225 |
| Contract administrator fees | 2016-10-31 | $76,475 |
| 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 | 2016-10-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2016-10-31 | $4,914 |
| Liabilities. Value of benefit claims payable at beginning of year | 2016-10-31 | $339 |
| Did the plan have assets held for investment | 2016-10-31 | 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 | 2016-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-10-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-10-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2016-10-31 | Unqualified |
| Accountancy firm name | 2016-10-31 | BROUSSARD & COMPANY CPA'S, LLC |
| Accountancy firm EIN | 2016-10-31 | 721447940 |
| 2015 : CORTEC,LLC SECONDARY EMPLOYEE BENEFIT PLAN & TRUST 2015 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-10-31 | $339 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-10-31 | $4,744 |
| Total income from all sources (including contributions) | 2015-10-31 | $1,155,270 |
| Total of all expenses incurred | 2015-10-31 | $1,109,962 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-10-31 | $1,016,499 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-10-31 | $1,155,270 |
| Value of total assets at end of year | 2015-10-31 | $49,430 |
| Value of total assets at beginning of year | 2015-10-31 | $8,527 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-10-31 | $93,463 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-10-31 | No |
| Was this plan covered by a fidelity bond | 2015-10-31 | No |
| If this is an individual account plan, was there a blackout period | 2015-10-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2015-10-31 | No |
| Contributions received from participants | 2015-10-31 | $230,990 |
| Administrative expenses (other) incurred | 2015-10-31 | $5,855 |
| Total non interest bearing cash at end of year | 2015-10-31 | $49,430 |
| Total non interest bearing cash at beginning of year | 2015-10-31 | $8,527 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-10-31 | No |
| Value of net income/loss | 2015-10-31 | $45,308 |
| Value of net assets at end of year (total assets less liabilities) | 2015-10-31 | $49,091 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-10-31 | $3,783 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-10-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2015-10-31 | $958,879 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-10-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-10-31 | No |
| Contributions received in cash from employer | 2015-10-31 | $924,280 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-10-31 | $57,620 |
| Contract administrator fees | 2015-10-31 | $87,608 |
| 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 | 2015-10-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2015-10-31 | $339 |
| Liabilities. Value of benefit claims payable at beginning of year | 2015-10-31 | $4,744 |
| Did the plan have assets held for investment | 2015-10-31 | 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 | 2015-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-10-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-10-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2015-10-31 | Unqualified |
| Accountancy firm name | 2015-10-31 | BROUSSARD & COMPANY CPA'S, LLC |
| Accountancy firm EIN | 2015-10-31 | 721447940 |
| 2014 : CORTEC,LLC SECONDARY EMPLOYEE BENEFIT PLAN & TRUST 2014 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-10-31 | $4,744 |
| Total income from all sources (including contributions) | 2014-10-31 | $775,250 |
| Total of all expenses incurred | 2014-10-31 | $771,467 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-10-31 | $678,933 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-10-31 | $775,250 |
| Value of total assets at end of year | 2014-10-31 | $8,527 |
| Value of total assets at beginning of year | 2014-10-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-10-31 | $92,534 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-10-31 | No |
| Was this plan covered by a fidelity bond | 2014-10-31 | No |
| If this is an individual account plan, was there a blackout period | 2014-10-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2014-10-31 | No |
| Contributions received from participants | 2014-10-31 | $177,955 |
| Administrative expenses (other) incurred | 2014-10-31 | $5,300 |
| Total non interest bearing cash at end of year | 2014-10-31 | $8,527 |
| Total non interest bearing cash at beginning of year | 2014-10-31 | $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 | 2014-10-31 | No |
| Value of net income/loss | 2014-10-31 | $3,783 |
| Value of net assets at end of year (total assets less liabilities) | 2014-10-31 | $3,783 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-10-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-10-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2014-10-31 | $561,807 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-10-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-10-31 | No |
| Contributions received in cash from employer | 2014-10-31 | $597,295 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-10-31 | $117,126 |
| Contract administrator fees | 2014-10-31 | $87,234 |
| 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 | 2014-10-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2014-10-31 | $4,744 |
| Did the plan have assets held for investment | 2014-10-31 | 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 | 2014-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-10-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-10-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2014-10-31 | Unqualified |
| Accountancy firm name | 2014-10-31 | BROUSSARD & COMPANY CPA'S, LLC |
| Accountancy firm EIN | 2014-10-31 | 721447940 |
