X3 STAFFING, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan X3 STAFFING, INC. 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : X3 STAFFING, INC. 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 | $1,229,388 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $218,631 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $212,606 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $842,428 |
| Value of total assets at end of year | 2023-12-31 | $2,816,067 |
| Value of total assets at beginning of year | 2023-12-31 | $1,805,310 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $6,025 |
| Total interest from all sources | 2023-12-31 | $0 |
| 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 | $500,000 |
| 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 | $523,931 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $33,719 |
| 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 | $1,010,757 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $2,816,067 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $1,805,310 |
| 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 | $2,816,067 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $1,805,310 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $386,960 |
| 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 | $284,778 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $212,606 |
| Contract administrator fees | 2023-12-31 | $1,775 |
| 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 | VALENTINE CPA |
| Accountancy firm EIN | 2023-12-31 | 841384179 |
| 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 | $1,229,388 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $218,631 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $212,606 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $842,428 |
| Value of total assets at end of year | 2023-01-01 | $2,816,067 |
| Value of total assets at beginning of year | 2023-01-01 | $1,805,310 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $6,025 |
| Total interest from all sources | 2023-01-01 | $0 |
| 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 | $500,000 |
| 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 | $523,931 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $33,719 |
| 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 | $1,010,757 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $2,816,067 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $1,805,310 |
| 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 | $2,816,067 |
| Value of interest in pooled separate accounts at beginning of year | 2023-01-01 | $1,805,310 |
| Net investment gain/loss from pooled separate accounts | 2023-01-01 | $386,960 |
| 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 | $284,778 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $212,606 |
| Contract administrator fees | 2023-01-01 | $1,775 |
| 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 | VALENTINE CPA |
| Accountancy firm EIN | 2023-01-01 | 841384179 |
| 2022 : X3 STAFFING, INC. 401(K) 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 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $278,318 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $276,409 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $273,034 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $600,960 |
| Value of total assets at end of year | 2022-12-31 | $1,805,310 |
| Value of total assets at beginning of year | 2022-12-31 | $1,803,401 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $3,375 |
| Total interest from all sources | 2022-12-31 | $0 |
| 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 | $500,000 |
| 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 | $357,465 |
| Participant contributions at beginning of year | 2022-12-31 | $101 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $36,487 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $294 |
| 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 | $1,909 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $1,805,310 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $1,803,401 |
| 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 | $1,805,310 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $1,802,901 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-322,642 |
| 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 | $207,008 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $105 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $273,034 |
| Contract administrator fees | 2022-12-31 | $3,375 |
| 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 | VALENTINE CPA |
| Accountancy firm EIN | 2022-12-31 | 841384179 |
| 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 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $278,318 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $276,409 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $273,034 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $600,960 |
| Value of total assets at end of year | 2022-01-01 | $1,805,310 |
| Value of total assets at beginning of year | 2022-01-01 | $1,803,401 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $3,375 |
| Total interest from all sources | 2022-01-01 | $0 |
| 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 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| 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 | $357,465 |
| Participant contributions at beginning of year | 2022-01-01 | $101 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $36,487 |
| Total non interest bearing cash at beginning of year | 2022-01-01 | $294 |
| 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 | $1,909 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $1,805,310 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $1,803,401 |
| 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 | $1,805,310 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $1,802,901 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-322,642 |
| 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 | No |
| 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 | $207,008 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $105 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $273,034 |
| Contract administrator fees | 2022-01-01 | $3,375 |
| 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 | VALENTINE CPA |
| Accountancy firm EIN | 2022-01-01 | 841384179 |
| 2021 : X3 STAFFING, 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 | $695,983 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $330,513 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $328,888 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $439,062 |
| Value of total assets at end of year | 2021-12-31 | $1,803,401 |
| Value of total assets at beginning of year | 2021-12-31 | $1,437,931 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $1,625 |
| Total interest from all sources | 2021-12-31 | $0 |
| 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 | $256,367 |
| Participant contributions at end of year | 2021-12-31 | $101 |
| Participant contributions at beginning of year | 2021-12-31 | $152 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $17,798 |
| Total non interest bearing cash at end of year | 2021-12-31 | $294 |
| 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 | $365,470 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $1,803,401 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $1,437,931 |
| 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 pooled separate accounts at end of year | 2021-12-31 | $1,802,901 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $1,437,636 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $256,921 |
| 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 | $164,897 |
| Employer contributions (assets) at end of year | 2021-12-31 | $105 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $143 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $328,888 |
| Contract administrator fees | 2021-12-31 | $1,625 |
| 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 | VALENTINE CPA |
| Accountancy firm EIN | 2021-12-31 | 841384179 |
| 2020 : X3 STAFFING, INC. 401(K) PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 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 | $673,351 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $110,046 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $107,650 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $464,947 |
| Value of total assets at end of year | 2020-12-31 | $1,437,931 |
| Value of total assets at beginning of year | 2020-12-31 | $874,626 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $2,396 |
| Total interest from all sources | 2020-12-31 | $0 |
| 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 |
| Administrative expenses professional fees incurred | 2020-12-31 | $2,396 |
| 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 |
| Contributions received from participants | 2020-12-31 | $279,623 |
| Participant contributions at end of year | 2020-12-31 | $152 |
| Participant contributions at beginning of year | 2020-12-31 | $11,935 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $4,160 |
| 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 | $563,305 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $1,437,931 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $874,626 |
| 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 |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $1,437,636 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $854,223 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $208,404 |
| 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 | $181,164 |
| Employer contributions (assets) at end of year | 2020-12-31 | $143 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $8,468 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $107,650 |
| 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 | VALENTINE CPA, PC |
| Accountancy firm EIN | 2020-12-31 | 841384179 |
| 2019 : X3 STAFFING, INC. 401(K) PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $639,761 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $45,867 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $44,592 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $523,619 |
| Value of total assets at end of year | 2019-12-31 | $874,626 |
| Value of total assets at beginning of year | 2019-12-31 | $280,732 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $1,275 |
| Total interest from all sources | 2019-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $260,095 |
| Participant contributions at end of year | 2019-12-31 | $11,935 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $94,366 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $593,894 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $874,626 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $280,732 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $854,223 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $280,732 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $169,158 |
| Employer contributions (assets) at end of year | 2019-12-31 | $8,468 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $44,592 |
| Contract administrator fees | 2019-12-31 | $1,275 |
| Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | VALENTINE CPA, PC |
| Accountancy firm EIN | 2019-12-31 | 841384179 |
| 2018 : X3 STAFFING, INC. 401(K) PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $289,950 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $9,218 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $0 |
| Value of total corrective distributions | 2018-12-31 | $8,818 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $312,383 |
| Value of total assets at end of year | 2018-12-31 | $280,732 |
| Value of total assets at beginning of year | 2018-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $400 |
| Total interest from all sources | 2018-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Administrative expenses professional fees incurred | 2018-12-31 | $300 |
| Was this plan covered by a fidelity bond | 2018-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $188,636 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $6,104 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $280,732 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $280,732 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2018-12-31 | $280,732 |
| Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-22,433 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $117,643 |
| Contract administrator fees | 2018-12-31 | $100 |
| Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | VALENTINE CPA, PC |
| Accountancy firm EIN | 2018-12-31 | 841384179 |
