JET MIDWEST, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan JET MIDWEST INC 401 K PROFIT SHARING PLAN TRUST
401k plan membership statisitcs for JET MIDWEST INC 401 K PROFIT SHARING PLAN TRUST
| Measure | Date | Value |
|---|
| 2023 : JET MIDWEST INC 401 K PROFIT SHARING PLAN TRUST 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 | $1,625,578 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $239,703 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $222,276 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,092,912 |
| Value of total assets at end of year | 2023-12-31 | $4,067,941 |
| Value of total assets at beginning of year | 2023-12-31 | $2,682,066 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $17,427 |
| Total interest from all sources | 2023-12-31 | $1,342 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $81,297 |
| 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 | $81,297 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $1,000,000 |
| 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 | $599,650 |
| Participant contributions at end of year | 2023-12-31 | $23,552 |
| Participant contributions at beginning of year | 2023-12-31 | $15,524 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $112,560 |
| 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 | $1,385,875 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $4,067,941 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $2,682,066 |
| 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 |
| Investment advisory and management fees | 2023-12-31 | $12,492 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $3,861,151 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $2,537,327 |
| Interest on participant loans | 2023-12-31 | $1,342 |
| Income. Interest from loans (other than to participants) | 2023-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $183,238 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $129,215 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $445,898 |
| Net investment gain or loss from common/collective trusts | 2023-12-31 | $4,129 |
| 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 | $380,702 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $222,276 |
| Contract administrator fees | 2023-12-31 | $4,935 |
| 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 | JOHN J SAMYN CPA, LLC |
| Accountancy firm EIN | 2023-12-31 | 933179094 |
| 2022 : JET MIDWEST INC 401 K PROFIT SHARING PLAN TRUST 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 | $296,476 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $53,088 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $42,222 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $758,890 |
| Value of total assets at end of year | 2022-12-31 | $2,682,066 |
| Value of total assets at beginning of year | 2022-12-31 | $2,438,678 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $10,866 |
| Total interest from all sources | 2022-12-31 | $932 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $50,288 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $50,288 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
| 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 | $446,603 |
| Participant contributions at end of year | 2022-12-31 | $15,524 |
| Participant contributions at beginning of year | 2022-12-31 | $28,144 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $19,262 |
| 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 | $243,388 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $2,682,066 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $2,438,678 |
| 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 | $9,473 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $2,537,327 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $2,374,525 |
| Interest on participant loans | 2022-12-31 | $932 |
| Income. Interest from loans (other than to participants) | 2022-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $129,215 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $32,076 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $192 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $192 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-515,513 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $1,879 |
| 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 | $293,025 |
| Employer contributions (assets) at end of year | 2022-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $3,741 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $42,222 |
| Contract administrator fees | 2022-12-31 | $1,393 |
| 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 | SAMYN & MARTIN, LLC |
| Accountancy firm EIN | 2022-12-31 | 431679261 |
| 2021 : JET MIDWEST INC 401 K PROFIT SHARING PLAN TRUST 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 | $764,522 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $173,916 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $160,774 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $474,326 |
| Value of total assets at end of year | 2021-12-31 | $2,438,678 |
| Value of total assets at beginning of year | 2021-12-31 | $1,848,072 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $13,142 |
| Total interest from all sources | 2021-12-31 | $1,512 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $42,107 |
| 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 | $42,107 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
| 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 | $300,786 |
| Participant contributions at end of year | 2021-12-31 | $28,144 |
| Participant contributions at beginning of year | 2021-12-31 | $24,308 |
| 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 | $590,606 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $2,438,678 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $1,848,072 |
| 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 | $9,642 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $2,374,525 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $1,813,672 |
| Interest on participant loans | 2021-12-31 | $1,512 |
| Income. Interest from loans (other than to participants) | 2021-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $32,076 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $10,092 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $192 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $245,823 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $754 |
| 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 | $173,540 |
| Employer contributions (assets) at end of year | 2021-12-31 | $3,741 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $160,774 |
| Contract administrator fees | 2021-12-31 | $3,500 |
| 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 | HARDING, SHYMANSKI & COMPANY PSC |
| Accountancy firm EIN | 2021-12-31 | 351346211 |
