BITGLASS, INC. has sponsored the creation of one or more 401k plans.
Additional information about BITGLASS, INC.
Submission information for form 5500 for 401k plan BITGLASS, INC. 401(K)PLAN
| Measure | Date | Value |
|---|
| 2022 : BITGLASS, INC. 401(K)PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-04-04 | $0 |
| Total transfer of assets from this plan | 2022-04-04 | $7,045,773 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-04-04 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-04-04 | $0 |
| Total income from all sources (including contributions) | 2022-04-04 | $-417,935 |
| Total loss/gain on sale of assets | 2022-04-04 | $0 |
| Total of all expenses incurred | 2022-04-04 | $658,364 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-04-04 | $655,076 |
| Value of total corrective distributions | 2022-04-04 | $1,916 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-04-04 | $0 |
| Value of total assets at end of year | 2022-04-04 | $0 |
| Value of total assets at beginning of year | 2022-04-04 | $8,122,072 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-04-04 | $1,372 |
| Total interest from all sources | 2022-04-04 | $1,245 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-04-04 | $1,277 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-04-04 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2022-04-04 | $0 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-04-04 | $1,277 |
| Was this plan covered by a fidelity bond | 2022-04-04 | Yes |
| Value of fidelity bond cover | 2022-04-04 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-04-04 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2022-04-04 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-04-04 | No |
| Participant contributions at beginning of year | 2022-04-04 | $33,914 |
| Participant contributions at beginning of year | 2022-04-04 | $40,365 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-04-04 | No |
| Value of net income/loss | 2022-04-04 | $-1,076,299 |
| Value of net assets at end of year (total assets less liabilities) | 2022-04-04 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-04-04 | $8,122,072 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-04-04 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-04-04 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-04-04 | No |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-04-04 | $1,142,612 |
| Value of interest in pooled separate accounts at beginning of year | 2022-04-04 | $2,146,392 |
| Interest on participant loans | 2022-04-04 | $513 |
| Interest earned on other investments | 2022-04-04 | $732 |
| Value of interest in common/collective trusts at beginning of year | 2022-04-04 | $4,474,329 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-04-04 | $276,565 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-04-04 | $-41,106 |
| Net investment gain/loss from pooled separate accounts | 2022-04-04 | $-134,643 |
| Net investment gain or loss from common/collective trusts | 2022-04-04 | $-244,708 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-04-04 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-04-04 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-04-04 | No |
| Employer contributions (assets) at beginning of year | 2022-04-04 | $7,895 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-04-04 | $655,076 |
| Contract administrator fees | 2022-04-04 | $1,372 |
| 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 | 2022-04-04 | Yes |
| Did the plan have assets held for investment | 2022-04-04 | 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 | 2022-04-04 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-04-04 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2022-04-04 | Unqualified |
| Accountancy firm name | 2022-04-04 | MOSS ADAMS LLP |
| Accountancy firm EIN | 2022-04-04 | 910189318 |
| 2021 : BITGLASS, INC. 401(K)PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $2,949,162 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $1,225,507 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,223,551 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,804,536 |
| Value of total assets at end of year | 2021-12-31 | $8,122,072 |
| Value of total assets at beginning of year | 2021-12-31 | $6,398,417 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $1,956 |
| Total interest from all sources | 2021-12-31 | $6,017 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $14,422 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $14,422 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $1,515,175 |
| Participant contributions at end of year | 2021-12-31 | $33,914 |
| Participant contributions at beginning of year | 2021-12-31 | $50,181 |
| Participant contributions at end of year | 2021-12-31 | $40,365 |
| Participant contributions at beginning of year | 2021-12-31 | $44,283 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $90,021 |
| Other income not declared elsewhere | 2021-12-31 | $5 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $1,723,655 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $8,122,072 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $6,398,417 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $1,142,612 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $885,199 |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $2,146,392 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $1,495,911 |
| Interest on participant loans | 2021-12-31 | $2,215 |
| Interest earned on other investments | 2021-12-31 | $3,802 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $4,474,329 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $3,443,089 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $276,565 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $470,881 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $144,772 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $389,704 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $589,706 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $199,340 |
| Employer contributions (assets) at end of year | 2021-12-31 | $7,895 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $8,873 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,223,551 |
| Contract administrator fees | 2021-12-31 | $1,956 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | MOSS ADAMS LLP |
| Accountancy firm EIN | 2021-12-31 | 910189318 |
| 2020 : BITGLASS, INC. 401(K)PLAN 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2020-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total transfer of assets to this plan | 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 | $2,664,582 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $511,255 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $503,751 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $0 |
| Value of total corrective distributions | 2020-12-31 | $4,810 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,833,339 |
| Value of total assets at end of year | 2020-12-31 | $6,398,417 |
| Value of total assets at beginning of year | 2020-12-31 | $4,245,090 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $2,694 |
| Total income from rents | 2020-12-31 | $0 |
| Total interest from all sources | 2020-12-31 | $6,003 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $9,079 |
| 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 | $9,079 |
| Administrative expenses professional fees incurred | 2020-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2020-12-31 | $0 |
| Contributions received from participants | 2020-12-31 | $1,330,700 |
| Participant contributions at end of year | 2020-12-31 | $50,181 |
| Participant contributions at beginning of year | 2020-12-31 | $2,787 |
| Participant contributions at end of year | 2020-12-31 | $44,283 |
| Participant contributions at beginning of year | 2020-12-31 | $49,895 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $301,265 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-31 | $37,230 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
| Other income not declared elsewhere | 2020-12-31 | $132 |
| Administrative expenses (other) incurred | 2020-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $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 | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $2,153,327 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $6,398,417 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $4,245,090 |
| 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 |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2020-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2020-12-31 | $0 |
| Investment advisory and management fees | 2020-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $885,199 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $388,509 |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $1,495,911 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $922,182 |
| Interest on participant loans | 2020-12-31 | $1,378 |
| Income. Interest from loans (other than to participants) | 2020-12-31 | $0 |
| Interest earned on other investments | 2020-12-31 | $4,625 |
| Income. Interest from US Government securities | 2020-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2020-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $3,443,089 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $2,527,862 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $470,881 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $344,374 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $145,656 |
| Net investment gain/loss from pooled separate accounts | 2020-12-31 | $243,733 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $426,640 |
| Net gain/loss from 103.12 investment entities | 2020-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | Yes |
| 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 | $201,374 |
| Employer contributions (assets) at end of year | 2020-12-31 | $8,873 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $9,481 |
| Income. Dividends from preferred stock | 2020-12-31 | $0 |
| Income. Dividends from common stock | 2020-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $466,521 |
| Contract administrator fees | 2020-12-31 | $2,694 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $0 |
| 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 |
| Aggregate proceeds on sale of assets | 2020-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2020-12-31 | $0 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | FRANK, RIMERMAN & CO., LLP |
| Accountancy firm EIN | 2020-12-31 | 941341042 |
