AIR & SPACE FORCES ASSOCIATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan AIR & SPACE FORCES ASSOCIATION 401(K) RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2023 : AIR & SPACE FORCES ASSOCIATION 401(K) RETIREMENT 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 | $3,510,583 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,007,310 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $944,147 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,777,730 |
| Value of total assets at end of year | 2023-12-31 | $12,629,312 |
| Value of total assets at beginning of year | 2023-12-31 | $10,126,039 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $63,163 |
| Total interest from all sources | 2023-12-31 | $11,974 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $209,889 |
| 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 | $209,889 |
| 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 | $898,368 |
| Participant contributions at end of year | 2023-12-31 | $29,503 |
| Participant contributions at beginning of year | 2023-12-31 | $19,560 |
| 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 | $2,503,273 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $12,629,312 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $10,126,039 |
| 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 registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $11,802,804 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $9,247,586 |
| Interest earned on other investments | 2023-12-31 | $11,974 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $765,396 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $832,356 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $1,510,990 |
| 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 | Yes |
| 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 | $879,362 |
| Employer contributions (assets) at end of year | 2023-12-31 | $31,609 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $26,537 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $944,147 |
| Contract administrator fees | 2023-12-31 | $63,163 |
| 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 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2023-12-31 | 410746749 |
| 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 | $3,510,583 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $1,007,310 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $944,147 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,777,730 |
| Value of total assets at end of year | 2023-01-01 | $12,629,312 |
| Value of total assets at beginning of year | 2023-01-01 | $10,126,039 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $63,163 |
| Total interest from all sources | 2023-01-01 | $11,974 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $209,889 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $209,889 |
| 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 | $898,368 |
| Participant contributions at end of year | 2023-01-01 | $29,503 |
| Participant contributions at beginning of year | 2023-01-01 | $19,560 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $2,503,273 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $12,629,312 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $10,126,039 |
| 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 registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $11,802,804 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $9,247,586 |
| Interest earned on other investments | 2023-01-01 | $11,974 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $765,396 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $832,356 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $1,510,990 |
| 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 | Yes |
| 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 | $879,362 |
| Employer contributions (assets) at end of year | 2023-01-01 | $31,609 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $26,537 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $944,147 |
| Contract administrator fees | 2023-01-01 | $63,163 |
| 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 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2023-01-01 | 410746749 |
| 2021 : AIR & SPACE FORCES ASSOCIATION 401(K) RETIREMENT PLAN 2021 401k financial data |
|---|
| Transfers to/from the plan | 2021-12-31 | $0 |
| Total plan liabilities at end of year | 2021-12-31 | $0 |
| Total plan liabilities at beginning of year | 2021-12-31 | $0 |
| Total income from all sources | 2021-12-31 | $2,674,159 |
| Expenses. Total of all expenses incurred | 2021-12-31 | $2,055,071 |
| Benefits paid (including direct rollovers) | 2021-12-31 | $1,977,612 |
| Total plan assets at end of year | 2021-12-31 | $11,325,086 |
| Total plan assets at beginning of year | 2021-12-31 | $10,705,998 |
| Value of fidelity bond covering the plan | 2021-12-31 | $2,000,000 |
| Total contributions received or receivable from participants | 2021-12-31 | $506,566 |
| Expenses. Other expenses not covered elsewhere | 2021-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2021-12-31 | $24,508 |
| Other income received | 2021-12-31 | $1,551,029 |
| Noncash contributions received | 2021-12-31 | $0 |
| Net income (gross income less expenses) | 2021-12-31 | $619,088 |
| Net plan assets at end of year (total assets less liabilities) | 2021-12-31 | $11,325,086 |
| Net plan assets at beginning of year (total assets less liabilities) | 2021-12-31 | $10,705,998 |
| Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year | 2021-12-31 | $0 |
| Value of leases to which the plan was a party in default or classified as uncollectible during the plan year | 2021-12-31 | $0 |
| Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102 | 2021-12-31 | $28,727 |
| Total contributions received or receivable from employer(s) | 2021-12-31 | $592,056 |
| Value of certain deemed distributions of participant loans | 2021-12-31 | $0 |
| Value of corrective distributions | 2021-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2021-12-31 | $77,459 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
