REEF GLOBAL INC has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2022 : REEF GLOBAL INC 401K PLAN 2022 401k financial data |
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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 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $841,130 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $5,420,834 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $5,170,391 |
Value of total corrective distributions | 2022-12-31 | $191,519 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $4,859,625 |
Value of total assets at end of year | 2022-12-31 | $20,904,607 |
Value of total assets at beginning of year | 2022-12-31 | $25,484,311 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $58,924 |
Total interest from all sources | 2022-12-31 | $22,180 |
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 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
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 | $3,765,542 |
Participant contributions at end of year | 2022-12-31 | $348,481 |
Participant contributions at beginning of year | 2022-12-31 | $399,090 |
Participant contributions at end of year | 2022-12-31 | $0 |
Participant contributions at beginning of year | 2022-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $204,101 |
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 |
Administrative expenses (other) incurred | 2022-12-31 | $31,375 |
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 | $-4,579,704 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $20,904,607 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $25,484,311 |
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 |
Investment advisory and management fees | 2022-12-31 | $10,630 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $19,912,847 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $24,735,660 |
Interest on participant loans | 2022-12-31 | $11,708 |
Interest earned on other investments | 2022-12-31 | $10,472 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $643,279 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $349,561 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-4,040,675 |
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 | $889,982 |
Employer contributions (assets) at end of year | 2022-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $5,170,391 |
Contract administrator fees | 2022-12-31 | $16,919 |
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 | MORISON COGEN LLP |
Accountancy firm EIN | 2022-12-31 | 231406493 |
2021 : REEF GLOBAL INC 401K PLAN 2021 401k financial data |
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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 | $9,028,655 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $4,031,848 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $3,918,187 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $21,229 |
Value of total corrective distributions | 2021-12-31 | $68,188 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $6,518,133 |
Value of total assets at end of year | 2021-12-31 | $25,484,311 |
Value of total assets at beginning of year | 2021-12-31 | $20,487,504 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $24,244 |
Total interest from all sources | 2021-12-31 | $21,007 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
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 | $4,076,629 |
Participant contributions at end of year | 2021-12-31 | $399,090 |
Participant contributions at beginning of year | 2021-12-31 | $392,773 |
Participant contributions at end of year | 2021-12-31 | $0 |
Participant contributions at beginning of year | 2021-12-31 | $90,465 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $1,794,923 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2021-12-31 | $6,917 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $5,050 |
Administrative expenses (other) incurred | 2021-12-31 | $125 |
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 | $4,996,807 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $25,484,311 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $20,487,504 |
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 |
Investment advisory and management fees | 2021-12-31 | $11,296 |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $24,735,660 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $19,748,077 |
Interest on participant loans | 2021-12-31 | $16,525 |
Interest earned on other investments | 2021-12-31 | $4,482 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $349,561 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $235,009 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $2,489,515 |
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 | No |
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 | $646,581 |
Employer contributions (assets) at end of year | 2021-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $16,130 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $3,911,270 |
Contract administrator fees | 2021-12-31 | $12,823 |
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 | Disclaimer |
Accountancy firm name | 2021-12-31 | MORISON COGEN LLP |
Accountancy firm EIN | 2021-12-31 | 231406493 |
2020 : REEF GLOBAL INC 401K PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total transfer of assets to this plan | 2020-12-31 | $12,921,646 |
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 | $6,265,944 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $2,663,231 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $2,594,236 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $5,568 |
Value of total corrective distributions | 2020-12-31 | $40,845 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $3,848,082 |
Value of total assets at end of year | 2020-12-31 | $20,487,504 |
Value of total assets at beginning of year | 2020-12-31 | $3,963,145 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $22,582 |
Total interest from all sources | 2020-12-31 | $17,166 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $384,385 |
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 |
Contributions received from participants | 2020-12-31 | $2,524,366 |
Participant contributions at end of year | 2020-12-31 | $392,773 |
Participant contributions at beginning of year | 2020-12-31 | $119,200 |
Participant contributions at end of year | 2020-12-31 | $90,465 |
Participant contributions at beginning of year | 2020-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $908,367 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $5,050 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $0 |
Other income not declared elsewhere | 2020-12-31 | $1,348 |
Administrative expenses (other) incurred | 2020-12-31 | $1,251 |
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 | $3,602,713 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $20,487,504 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $3,963,145 |
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 | $8,530 |
Value of interest in pooled separate accounts at end of year | 2020-12-31 | $19,748,077 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $3,779,666 |
Interest on participant loans | 2020-12-31 | $13,253 |
Interest earned on other investments | 2020-12-31 | $3,913 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $235,009 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $64,279 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $2,399,348 |
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 | 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 | $415,349 |
Employer contributions (assets) at end of year | 2020-12-31 | $16,130 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $2,594,236 |
Contract administrator fees | 2020-12-31 | $12,801 |
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 | MORISON COGEN LLP |
Accountancy firm EIN | 2020-12-31 | 231406493 |