EDGEWOOD MANAGEMENT CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan EDGEWOOD MANAGEMENT CORP. VOLUNTARY EMPLOYEE BENEFIT PLAN
| Measure | Date | Value |
|---|
| 2023 : EDGEWOOD MANAGEMENT CORP. VOLUNTARY EMPLOYEE BENEFIT PLAN 2023 401k financial data |
|---|
| Total income from all sources (including contributions) | 2023-12-31 | $4,203,713 |
| Total of all expenses incurred | 2023-12-31 | $5,518,183 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $4,968,262 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $4,152,368 |
| Value of total assets at end of year | 2023-12-31 | $2,514,216 |
| Value of total assets at beginning of year | 2023-12-31 | $3,828,686 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $549,921 |
| Total interest from all sources | 2023-12-31 | $51,345 |
| 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 | $1,053,690 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $280,179 |
| Administrative expenses (other) incurred | 2023-12-31 | $368,108 |
| Total non interest bearing cash at end of year | 2023-12-31 | $768,477 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $1,538,154 |
| 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 | $-1,314,470 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $2,514,216 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $3,828,686 |
| 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 bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $1,745,739 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $2,290,532 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $2,290,532 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $51,345 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-12-31 | $4,968,262 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | Yes |
| 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 | $2,818,499 |
| Contract administrator fees | 2023-12-31 | $156,412 |
| 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 | 2023-12-31 | No |
| 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 | MULLEN, SONDBERG, WIMBISH & STONE, |
| Accountancy firm EIN | 2023-12-31 | 521197902 |
| Total income from all sources (including contributions) | 2023-01-01 | $4,203,713 |
| Total of all expenses incurred | 2023-01-01 | $5,518,183 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $4,968,262 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $4,152,368 |
| Value of total assets at end of year | 2023-01-01 | $2,514,216 |
| Value of total assets at beginning of year | 2023-01-01 | $3,828,686 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $549,921 |
| Total interest from all sources | 2023-01-01 | $51,345 |
| 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 | $1,053,690 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $280,179 |
| Administrative expenses (other) incurred | 2023-01-01 | $368,108 |
| Total non interest bearing cash at end of year | 2023-01-01 | $768,477 |
| Total non interest bearing cash at beginning of year | 2023-01-01 | $1,538,154 |
| 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 | $-1,314,470 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $2,514,216 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $3,828,686 |
| 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 bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $1,745,739 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-01-01 | $51,345 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-01-01 | $4,968,262 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | Yes |
| 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 | $2,818,499 |
| Contract administrator fees | 2023-01-01 | $156,412 |
| 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 | 2023-01-01 | No |
| 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 | MULLEN, SONDBERG, WIMBISH & STONE, |
| Accountancy firm EIN | 2023-01-01 | 521197902 |
| 2022 : EDGEWOOD MANAGEMENT CORP. VOLUNTARY EMPLOYEE BENEFIT PLAN 2022 401k financial data |
|---|
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $1,258 |
| Total income from all sources (including contributions) | 2022-12-31 | $4,412,120 |
| Total of all expenses incurred | 2022-12-31 | $6,096,600 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $5,488,848 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $4,387,219 |
| Value of total assets at end of year | 2022-12-31 | $3,828,686 |
| Value of total assets at beginning of year | 2022-12-31 | $5,514,424 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $607,752 |
| Total interest from all sources | 2022-12-31 | $24,901 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Administrative expenses professional fees incurred | 2022-12-31 | $20,790 |
| 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 | $1,096,275 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $269,721 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $12,635 |
| Administrative expenses (other) incurred | 2022-12-31 | $394,395 |
| Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $1,258 |
| Total non interest bearing cash at end of year | 2022-12-31 | $1,538,154 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $587,484 |
| 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 | $-1,684,480 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $3,828,686 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $5,513,166 |
| 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 bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $2,290,532 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $4,914,305 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $4,914,305 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $24,901 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $5,488,848 |
| 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 | $3,021,223 |
| Contract administrator fees | 2022-12-31 | $192,567 |
| 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 | 2022-12-31 | No |
| 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 | MULLEN, SONDBERG, WIMBISH & STONE, |
| Accountancy firm EIN | 2022-12-31 | 521197902 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $1,258 |
| Total income from all sources (including contributions) | 2022-01-01 | $4,412,120 |
| Total of all expenses incurred | 2022-01-01 | $6,096,600 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $5,488,848 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $4,387,219 |
| Value of total assets at end of year | 2022-01-01 | $3,828,686 |
| Value of total assets at beginning of year | 2022-01-01 | $5,514,424 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $607,752 |
| Total interest from all sources | 2022-01-01 | $24,901 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Administrative expenses professional fees incurred | 2022-01-01 | $20,790 |
| 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 | $1,096,275 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $269,721 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-01-01 | $12,635 |
| Administrative expenses (other) incurred | 2022-01-01 | $394,395 |
| Liabilities. Value of operating payables at beginning of year | 2022-01-01 | $1,258 |
| Total non interest bearing cash at end of year | 2022-01-01 | $1,538,154 |
| Total non interest bearing cash at beginning of year | 2022-01-01 | $587,484 |
| 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 | $-1,684,480 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $3,828,686 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $5,513,166 |
| 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 bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $2,290,532 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $24,901 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-01-01 | $5,488,848 |
| 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 | $3,021,223 |
| Contract administrator fees | 2022-01-01 | $192,567 |
| 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 | 2022-01-01 | No |
| 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 | MULLEN, SONDBERG, WIMBISH & STONE, |
| Accountancy firm EIN | 2022-01-01 | 521197902 |
