ATLANTIC BULK CARRIER CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan ATLANTIC BULK CARRIER 401(K) & PROFIT SHARING PLAN
401k plan membership statisitcs for ATLANTIC BULK CARRIER 401(K) & PROFIT SHARING PLAN
Measure | Date | Value |
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2023 : ATLANTIC BULK CARRIER 401(K) & PROFIT SHARING PLAN 2023 401k financial data |
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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 | $1,277,757 |
Total loss/gain on sale of assets | 2023-12-31 | $0 |
Total of all expenses incurred | 2023-12-31 | $726,676 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $680,801 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $625,456 |
Value of total assets at end of year | 2023-12-31 | $5,595,761 |
Value of total assets at beginning of year | 2023-12-31 | $5,044,680 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $45,875 |
Total interest from all sources | 2023-12-31 | $11,799 |
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 | $488,489 |
Participant contributions at end of year | 2023-12-31 | $201,358 |
Participant contributions at beginning of year | 2023-12-31 | $138,610 |
Participant contributions at end of year | 2023-12-31 | $7,812 |
Participant contributions at beginning of year | 2023-12-31 | $8,210 |
Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $28,069 |
Total non interest bearing cash at end of year | 2023-12-31 | $2,234 |
Total non interest bearing cash at beginning of year | 2023-12-31 | $1,138 |
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 | $551,081 |
Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $5,595,761 |
Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $5,044,680 |
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 | $13,720 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $0 |
Value of interest in pooled separate accounts at end of year | 2023-12-31 | $5,383,909 |
Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $4,896,050 |
Interest on participant loans | 2023-12-31 | $11,799 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $0 |
Net investment gain/loss from pooled separate accounts | 2023-12-31 | $640,502 |
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 | $108,898 |
Employer contributions (assets) at end of year | 2023-12-31 | $448 |
Employer contributions (assets) at beginning of year | 2023-12-31 | $672 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $680,801 |
Contract administrator fees | 2023-12-31 | $32,155 |
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 | KEITER |
Accountancy firm EIN | 2023-12-31 | 541631262 |
2022 : ATLANTIC BULK CARRIER 401(K) & PROFIT SHARING 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 | $-233,498 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $494,039 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $453,493 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $605,551 |
Value of total assets at end of year | 2022-12-31 | $5,044,680 |
Value of total assets at beginning of year | 2022-12-31 | $5,772,217 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $40,546 |
Total interest from all sources | 2022-12-31 | $6,595 |
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 | $462,984 |
Participant contributions at end of year | 2022-12-31 | $138,610 |
Participant contributions at beginning of year | 2022-12-31 | $87,971 |
Participant contributions at end of year | 2022-12-31 | $8,210 |
Participant contributions at beginning of year | 2022-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $34,771 |
Total non interest bearing cash at end of year | 2022-12-31 | $1,138 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $0 |
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 | $-727,537 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $5,044,680 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $5,772,217 |
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 | $4,896,050 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $5,684,246 |
Interest on participant loans | 2022-12-31 | $6,595 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $0 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-845,644 |
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 | $107,796 |
Employer contributions (assets) at end of year | 2022-12-31 | $672 |
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 | $453,493 |
Contract administrator fees | 2022-12-31 | $40,546 |
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 | FORVIS, LLP |
Accountancy firm EIN | 2022-12-31 | 440160260 |
2021 : ATLANTIC BULK CARRIER 401(K) & PROFIT SHARING 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 | $1,140,353 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $510,431 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $470,166 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $392,731 |
Value of total assets at end of year | 2021-12-31 | $5,772,217 |
Value of total assets at beginning of year | 2021-12-31 | $5,142,295 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $40,265 |
Total interest from all sources | 2021-12-31 | $6,311 |
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 | Yes |
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 | $317,875 |
Participant contributions at end of year | 2021-12-31 | $87,971 |
Participant contributions at beginning of year | 2021-12-31 | $112,252 |
Participant contributions at end of year | 2021-12-31 | $0 |
Participant contributions at beginning of year | 2021-12-31 | $4,897 |
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 | $629,922 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $5,772,217 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $5,142,295 |
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 | $5,684,246 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $4,076,029 |
Interest on participant loans | 2021-12-31 | $6,311 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $948,883 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $741,311 |
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 | $74,856 |
Employer contributions (assets) at end of year | 2021-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $234 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $470,166 |
Contract administrator fees | 2021-12-31 | $40,265 |
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 | 2021-12-31 | Yes |
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 | CHERRY BEKAERT |
Accountancy firm EIN | 2021-12-31 | 560574444 |
2020 : ATLANTIC BULK CARRIER 401(K) & PROFIT SHARING PLAN 2020 401k financial data |
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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 | $910,757 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $290,034 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $238,894 |
Value of total corrective distributions | 2020-12-31 | $12,141 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $326,149 |
Value of total assets at end of year | 2020-12-31 | $5,142,295 |
Value of total assets at beginning of year | 2020-12-31 | $4,521,572 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $38,999 |
Total interest from all sources | 2020-12-31 | $8,605 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $176,822 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $176,822 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $452,158 |
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 | $265,882 |
Participant contributions at end of year | 2020-12-31 | $112,252 |
Participant contributions at beginning of year | 2020-12-31 | $185,761 |
Participant contributions at end of year | 2020-12-31 | $4,897 |
Participant contributions at beginning of year | 2020-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $1,664 |
Other income not declared elsewhere | 2020-12-31 | $61 |
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 | $620,723 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $5,142,295 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $4,521,572 |
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 | $38,999 |
Value of interest in pooled separate accounts at end of year | 2020-12-31 | $4,076,029 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $3,359,310 |
Interest on participant loans | 2020-12-31 | $8,605 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $948,883 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $976,501 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $399,120 |
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 | $58,603 |
Employer contributions (assets) at end of year | 2020-12-31 | $234 |
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 | $238,894 |
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 | CHERRY BEKAERT |
Accountancy firm EIN | 2020-12-31 | 560574444 |
2019 : ATLANTIC BULK CARRIER 401(K) & PROFIT SHARING PLAN 2019 401k financial data |
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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 | $1,006,685 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $486,043 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $437,052 |
Value of total corrective distributions | 2019-12-31 | $2,582 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $343,055 |
Value of total assets at end of year | 2019-12-31 | $4,521,572 |
Value of total assets at beginning of year | 2019-12-31 | $4,000,930 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $46,409 |
Total interest from all sources | 2019-12-31 | $7,389 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $150,265 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $150,265 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $400,094 |
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 | $275,864 |
Participant contributions at end of year | 2019-12-31 | $185,761 |
Participant contributions at beginning of year | 2019-12-31 | $127,108 |
Participant contributions at end of year | 2019-12-31 | $0 |
Participant contributions at beginning of year | 2019-12-31 | $5,160 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $5,420 |
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 | $520,642 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $4,521,572 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $4,000,930 |
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 | $3,359,310 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $2,804,779 |
Interest on participant loans | 2019-12-31 | $7,389 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $976,501 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $1,063,287 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $505,976 |
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 | Yes |
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 | $61,771 |
Employer contributions (assets) at end of year | 2019-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $596 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $437,052 |
Contract administrator fees | 2019-12-31 | $46,409 |
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 | CHERRY BEKAERT |
Accountancy firm EIN | 2019-12-31 | 560574444 |
2018 : ATLANTIC BULK CARRIER 401(K) & PROFIT SHARING PLAN 2018 401k financial data |
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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 | $286,176 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $584,210 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $566,009 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $307,789 |
Value of total assets at end of year | 2018-12-31 | $4,000,930 |
Value of total assets at beginning of year | 2018-12-31 | $4,298,964 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $18,201 |
Total interest from all sources | 2018-12-31 | $6,365 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $159,793 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $159,793 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $429,897 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | Yes |
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 | $249,722 |
Participant contributions at end of year | 2018-12-31 | $127,108 |
Participant contributions at beginning of year | 2018-12-31 | $146,894 |
Participant contributions at end of year | 2018-12-31 | $5,160 |
Participant contributions at beginning of year | 2018-12-31 | $7,357 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $50 |
Other income not declared elsewhere | 2018-12-31 | $1,151 |
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 | $-298,034 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $4,000,930 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $4,298,964 |
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 | $2,804,779 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $2,969,110 |
Interest on participant loans | 2018-12-31 | $6,365 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $1,063,287 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $1,175,038 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-188,922 |
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 | Yes |
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 | $58,017 |
Employer contributions (assets) at end of year | 2018-12-31 | $596 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $565 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $566,009 |
Contract administrator fees | 2018-12-31 | $18,201 |
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 | 2018-12-31 | Yes |
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 | CHERRY BEKAERT |
Accountancy firm EIN | 2018-12-31 | 560574444 |
2017 : ATLANTIC BULK CARRIER 401(K) & PROFIT SHARING PLAN 2017 401k financial data |
---|
Total income from all sources (including contributions) | 2017-12-31 | $668,944 |
Total of all expenses incurred | 2017-12-31 | $203,448 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $172,549 |
Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $7,803 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $231,846 |
Value of total assets at end of year | 2017-12-31 | $4,298,964 |
Value of total assets at beginning of year | 2017-12-31 | $3,833,468 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $23,096 |
Total interest from all sources | 2017-12-31 | $21,160 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Administrative expenses professional fees incurred | 2017-12-31 | $10,000 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $375,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $187,225 |
Participant contributions at end of year | 2017-12-31 | $146,894 |
Participant contributions at beginning of year | 2017-12-31 | $194,425 |
Participant contributions at end of year | 2017-12-31 | $7,357 |
Administrative expenses (other) incurred | 2017-12-31 | $13,096 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $465,496 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $4,298,964 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $3,833,468 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2017-12-31 | $2,969,110 |
Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $2,271,480 |
Interest on participant loans | 2017-12-31 | $6,836 |
Interest earned on other investments | 2017-12-31 | $14,324 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $1,175,038 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $1,367,563 |
Net investment gain/loss from pooled separate accounts | 2017-12-31 | $415,938 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $44,621 |
Employer contributions (assets) at end of year | 2017-12-31 | $565 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $172,549 |
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 | 2017-12-31 | No |
Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | CHERRY BEKAERT |
Accountancy firm EIN | 2017-12-31 | 560574444 |
2016 : ATLANTIC BULK CARRIER 401(K) & PROFIT SHARING PLAN 2016 401k financial data |
---|
Total income from all sources (including contributions) | 2016-12-31 | $411,966 |
Total of all expenses incurred | 2016-12-31 | $335,044 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $301,484 |
Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $13,995 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $200,084 |
Value of total assets at end of year | 2016-12-31 | $3,833,468 |
Value of total assets at beginning of year | 2016-12-31 | $3,756,546 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $19,565 |
Total interest from all sources | 2016-12-31 | $7,926 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $375,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $156,558 |
Participant contributions at end of year | 2016-12-31 | $194,425 |
Participant contributions at beginning of year | 2016-12-31 | $225,846 |
Other income not declared elsewhere | 2016-12-31 | $16,259 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $76,922 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $3,833,468 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $3,756,546 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2016-12-31 | $2,271,480 |
Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $2,217,734 |
Interest on participant loans | 2016-12-31 | $7,926 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $1,367,563 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $1,312,966 |
Net investment gain/loss from pooled separate accounts | 2016-12-31 | $187,697 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $43,526 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $301,484 |
Contract administrator fees | 2016-12-31 | $19,565 |
Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | CHERRY BEKAERT |
Accountancy firm EIN | 2016-12-31 | 560574444 |
2015 : ATLANTIC BULK CARRIER 401(K) & PROFIT SHARING PLAN 2015 401k financial data |
---|
Total income from all sources (including contributions) | 2015-12-31 | $214,744 |
Total of all expenses incurred | 2015-12-31 | $53,046 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $32,795 |
Value of total corrective distributions | 2015-12-31 | $2,896 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $182,576 |
Value of total assets at end of year | 2015-12-31 | $3,756,546 |
Value of total assets at beginning of year | 2015-12-31 | $3,594,848 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $17,355 |
Total interest from all sources | 2015-12-31 | $8,843 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $375,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $142,573 |
Participant contributions at end of year | 2015-12-31 | $225,846 |
Participant contributions at beginning of year | 2015-12-31 | $197,279 |
Other income not declared elsewhere | 2015-12-31 | $15,877 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $161,698 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $3,756,546 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $3,594,848 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2015-12-31 | $2,217,734 |
Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $2,221,083 |
Interest on participant loans | 2015-12-31 | $8,843 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $1,312,966 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $1,176,486 |
Net investment gain/loss from pooled separate accounts | 2015-12-31 | $7,448 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $40,003 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $32,795 |
Contract administrator fees | 2015-12-31 | $17,355 |
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 | 2015-12-31 | No |
Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | CHERRY BEKAERT |
Accountancy firm EIN | 2015-12-31 | 560574444 |
2014 : ATLANTIC BULK CARRIER 401(K) & PROFIT SHARING PLAN 2014 401k financial data |
---|
Total income from all sources (including contributions) | 2014-12-31 | $979,830 |
Total of all expenses incurred | 2014-12-31 | $139,097 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $120,643 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $729,674 |
Value of total assets at end of year | 2014-12-31 | $3,594,848 |
Value of total assets at beginning of year | 2014-12-31 | $2,754,115 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $18,454 |
Total interest from all sources | 2014-12-31 | $6,971 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $250,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $151,734 |
Participant contributions at end of year | 2014-12-31 | $197,279 |
Participant contributions at beginning of year | 2014-12-31 | $184,676 |
Participant contributions at beginning of year | 2014-12-31 | $2,870 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $538,657 |
Other income not declared elsewhere | 2014-12-31 | $10,002 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $840,733 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $3,594,848 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $2,754,115 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2014-12-31 | $2,221,083 |
Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $1,895,392 |
Interest on participant loans | 2014-12-31 | $6,971 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $1,176,486 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $670,875 |
Net investment gain/loss from pooled separate accounts | 2014-12-31 | $233,183 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Contributions received in cash from employer | 2014-12-31 | $39,283 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $302 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $120,643 |
Contract administrator fees | 2014-12-31 | $18,454 |
Did the plan have assets held for investment | 2014-12-31 | 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 | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | CHERRY BEKAERT |
Accountancy firm EIN | 2014-12-31 | 560574444 |
2013 : ATLANTIC BULK CARRIER 401(K) & PROFIT SHARING PLAN 2013 401k financial data |
---|
Total income from all sources (including contributions) | 2013-12-31 | $547,406 |
Total of all expenses incurred | 2013-12-31 | $162,921 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $132,331 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $174,712 |
Value of total assets at end of year | 2013-12-31 | $2,754,115 |
Value of total assets at beginning of year | 2013-12-31 | $2,369,630 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $30,590 |
Total interest from all sources | 2013-12-31 | $6,215 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $75,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $140,469 |
Participant contributions at end of year | 2013-12-31 | $184,676 |
Participant contributions at beginning of year | 2013-12-31 | $162,780 |
Participant contributions at end of year | 2013-12-31 | $2,870 |
Participant contributions at beginning of year | 2013-12-31 | $5,094 |
Other income not declared elsewhere | 2013-12-31 | $10,407 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $384,485 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $2,754,115 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $2,369,630 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2013-12-31 | $1,895,392 |
Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $1,193,034 |
Interest on participant loans | 2013-12-31 | $6,215 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $670,875 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $1,008,512 |
Net investment gain/loss from pooled separate accounts | 2013-12-31 | $356,072 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $34,243 |
Employer contributions (assets) at end of year | 2013-12-31 | $302 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $210 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $132,331 |
Contract administrator fees | 2013-12-31 | $30,590 |
Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | CHERRY BEKAERT |
Accountancy firm EIN | 2013-12-31 | 560574444 |
2012 : ATLANTIC BULK CARRIER 401(K) & PROFIT SHARING PLAN 2012 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $8,311 |
Total income from all sources (including contributions) | 2012-12-31 | $355,768 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $46,779 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $35,825 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $169,230 |
Value of total assets at end of year | 2012-12-31 | $2,369,630 |
Value of total assets at beginning of year | 2012-12-31 | $2,068,952 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $10,954 |
Total interest from all sources | 2012-12-31 | $4,586 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $75,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $138,741 |
Participant contributions at end of year | 2012-12-31 | $162,780 |
Participant contributions at beginning of year | 2012-12-31 | $97,044 |
Participant contributions at end of year | 2012-12-31 | $5,094 |
Participant contributions at beginning of year | 2012-12-31 | $2,396 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2012-12-31 | $8,311 |
Other income not declared elsewhere | 2012-12-31 | $13,443 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $308,989 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $2,369,630 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $2,060,641 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2012-12-31 | $1,193,034 |
Value of interest in pooled separate accounts at beginning of year | 2012-12-31 | $1,273,414 |
Interest on participant loans | 2012-12-31 | $4,586 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $1,008,512 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $695,918 |
Net investment gain/loss from pooled separate accounts | 2012-12-31 | $168,509 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $30,489 |
Employer contributions (assets) at end of year | 2012-12-31 | $210 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $180 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $35,825 |
Contract administrator fees | 2012-12-31 | $10,954 |
Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | CHERRY BEKAERT LLP |
Accountancy firm EIN | 2012-12-31 | 560574444 |
2011 : ATLANTIC BULK CARRIER 401(K) & PROFIT SHARING PLAN 2011 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $8,311 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $164,760 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $169,017 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $93,977 |
Expenses. Certain deemed distributions of participant loans | 2011-12-31 | $46,328 |
Value of total corrective distributions | 2011-12-31 | $8,311 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $153,140 |
Value of total assets at end of year | 2011-12-31 | $2,068,952 |
Value of total assets at beginning of year | 2011-12-31 | $2,064,898 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $20,401 |
Total interest from all sources | 2011-12-31 | $14,881 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $75,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $121,643 |
Participant contributions at end of year | 2011-12-31 | $97,044 |
Participant contributions at beginning of year | 2011-12-31 | $157,411 |
Participant contributions at end of year | 2011-12-31 | $2,396 |
Participant contributions at beginning of year | 2011-12-31 | $6,030 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2011-12-31 | $8,311 |
Other income not declared elsewhere | 2011-12-31 | $15,614 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $-4,257 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $2,060,641 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $2,064,898 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2011-12-31 | $1,273,414 |
Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $1,298,928 |
Interest on participant loans | 2011-12-31 | $14,881 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $695,918 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $602,145 |
Net investment gain/loss from pooled separate accounts | 2011-12-31 | $-18,875 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $31,497 |
Employer contributions (assets) at end of year | 2011-12-31 | $180 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $384 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $93,977 |
Contract administrator fees | 2011-12-31 | $20,401 |
Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | CHERRY BAEKERT & HOLLAND, LLP |
Accountancy firm EIN | 2011-12-31 | 560574444 |
2010 : ATLANTIC BULK CARRIER 401(K) & PROFIT SHARING PLAN 2010 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $363,029 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $339,379 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $290,636 |
Expenses. Certain deemed distributions of participant loans | 2010-12-31 | $3,424 |
Value of total corrective distributions | 2010-12-31 | $19,581 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $145,609 |
Value of total assets at end of year | 2010-12-31 | $2,064,898 |
Value of total assets at beginning of year | 2010-12-31 | $2,041,248 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $25,738 |
Total interest from all sources | 2010-12-31 | $23,341 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Administrative expenses professional fees incurred | 2010-12-31 | $13,500 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $75,000 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $114,675 |
Participant contributions at end of year | 2010-12-31 | $157,411 |
Participant contributions at beginning of year | 2010-12-31 | $176,218 |
Participant contributions at end of year | 2010-12-31 | $6,030 |
Participant contributions at beginning of year | 2010-12-31 | $9,615 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $23,650 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $2,064,898 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $2,041,248 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Investment advisory and management fees | 2010-12-31 | $9,046 |
Value of interest in pooled separate accounts at end of year | 2010-12-31 | $1,298,928 |
Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $1,241,780 |
Interest on participant loans | 2010-12-31 | $7,101 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $613,313 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $613,313 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $16,240 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $602,145 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $0 |
Net investment gain/loss from pooled separate accounts | 2010-12-31 | $194,079 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $30,934 |
Employer contributions (assets) at end of year | 2010-12-31 | $384 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $322 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $290,636 |
Contract administrator fees | 2010-12-31 | $3,192 |
Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | CHERRY, BEKAERT & HOLLAND |
Accountancy firm EIN | 2010-12-31 | 560574444 |