ATLANTA CHAPTER, INDEPENDENT ELECTRICAL CONTRACTORS, INC. has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2022 : IEC MEMBERS SAVINGS 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 | $11,973 |
Total income from all sources (including contributions) | 2022-12-31 | $-2,120,158 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $1,702,803 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,275,005 |
Value of total corrective distributions | 2022-12-31 | $242,878 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $3,022,672 |
Value of total assets at end of year | 2022-12-31 | $23,716,848 |
Value of total assets at beginning of year | 2022-12-31 | $27,551,782 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $184,920 |
Total interest from all sources | 2022-12-31 | $13,466 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $866,774 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $866,774 |
Administrative expenses professional fees incurred | 2022-12-31 | $3,473 |
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 | $1,937,022 |
Participant contributions at end of year | 2022-12-31 | $349,997 |
Participant contributions at beginning of year | 2022-12-31 | $255,487 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $65,180 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $11,973 |
Other income not declared elsewhere | 2022-12-31 | $1,416 |
Total non interest bearing cash at end of year | 2022-12-31 | $83,365 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $67,790 |
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 | $-3,822,961 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $23,716,848 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $27,539,809 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Investment advisory and management fees | 2022-12-31 | $72,613 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $22,317,203 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $26,275,492 |
Interest on participant loans | 2022-12-31 | $13,466 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $966,283 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $953,013 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-6,044,106 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $19,620 |
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 | Yes |
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 | $1,020,470 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,275,005 |
Contract administrator fees | 2022-12-31 | $108,834 |
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 | JMM CPA |
Accountancy firm EIN | 2022-12-31 | 472940358 |
2021 : IEC MEMBERS SAVINGS PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total transfer of assets from this plan | 2021-12-31 | $2,348,550 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $11,973 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $99 |
Total income from all sources (including contributions) | 2021-12-31 | $7,033,416 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $1,186,492 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $947,881 |
Value of total corrective distributions | 2021-12-31 | $33,240 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $3,391,261 |
Value of total assets at end of year | 2021-12-31 | $27,551,782 |
Value of total assets at beginning of year | 2021-12-31 | $24,041,534 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $205,371 |
Total interest from all sources | 2021-12-31 | $10,958 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $1,434,692 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $1,434,692 |
Administrative expenses professional fees incurred | 2021-12-31 | $10,000 |
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 | $2,086,484 |
Participant contributions at end of year | 2021-12-31 | $255,487 |
Participant contributions at beginning of year | 2021-12-31 | $210,580 |
Participant contributions at end of year | 2021-12-31 | $0 |
Participant contributions at beginning of year | 2021-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $122,513 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $11,973 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $99 |
Other income not declared elsewhere | 2021-12-31 | $1,391 |
Total non interest bearing cash at end of year | 2021-12-31 | $67,790 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $130,705 |
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 | $5,846,924 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $27,539,809 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $24,041,435 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $74,851 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $26,275,492 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $22,968,057 |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $0 |
Interest on participant loans | 2021-12-31 | $10,958 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $953,013 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $732,192 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $2,189,033 |
Net investment gain or loss from common/collective trusts | 2021-12-31 | $6,081 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $1,182,264 |
Employer contributions (assets) at end of year | 2021-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $947,881 |
Contract administrator fees | 2021-12-31 | $120,520 |
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 | JMM CPA |
Accountancy firm EIN | 2021-12-31 | 472940358 |
2020 : IEC MEMBERS SAVINGS 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 | $99 |
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 | $7,776,003 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $1,400,504 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $1,216,521 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $2,456 |
Value of total corrective distributions | 2020-12-31 | $29,240 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $4,274,502 |
Value of total assets at end of year | 2020-12-31 | $24,041,534 |
Value of total assets at beginning of year | 2020-12-31 | $17,665,936 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $152,287 |
Total interest from all sources | 2020-12-31 | $11,398 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $680,072 |
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 | $680,072 |
Administrative expenses professional fees incurred | 2020-12-31 | $7,500 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $2,050,987 |
Participant contributions at end of year | 2020-12-31 | $210,580 |
Participant contributions at beginning of year | 2020-12-31 | $184,387 |
Participant contributions at end of year | 2020-12-31 | $0 |
Participant contributions at beginning of year | 2020-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $1,160,022 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $99 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
Total non interest bearing cash at end of year | 2020-12-31 | $130,705 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $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 | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $6,375,499 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $24,041,435 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $17,665,936 |
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 | $59,213 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $22,968,057 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $16,902,261 |
Value of interest in pooled separate accounts at end of year | 2020-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $0 |
Interest on participant loans | 2020-12-31 | $11,398 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $732,192 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $579,288 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $2,810,031 |
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 | Yes |
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 | $1,063,493 |
Employer contributions (assets) at end of year | 2020-12-31 | $0 |
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 | $1,216,521 |
Contract administrator fees | 2020-12-31 | $85,574 |
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 | RANDY M BROWN & ASSOCIATES CPAS PC |
Accountancy firm EIN | 2020-12-31 | 581945983 |
2019 : IEC MEMBERS SAVINGS PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total transfer of assets to this plan | 2019-12-31 | $12,454 |
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 | $6,273,492 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $2,535,660 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $2,345,071 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $50,543 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $3,067,721 |
Value of total assets at end of year | 2019-12-31 | $17,665,936 |
Value of total assets at beginning of year | 2019-12-31 | $13,915,650 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $140,046 |
Total interest from all sources | 2019-12-31 | $11,327 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $1,631,082 |
Participant contributions at end of year | 2019-12-31 | $184,387 |
Participant contributions at beginning of year | 2019-12-31 | $218,892 |
Participant contributions at end of year | 2019-12-31 | $0 |
Participant contributions at beginning of year | 2019-12-31 | $21,385 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $757,965 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $0 |
Administrative expenses (other) incurred | 2019-12-31 | $29,095 |
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 | $3,737,832 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $17,665,936 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $13,915,650 |
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 |
Investment advisory and management fees | 2019-12-31 | $43,401 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $16,902,261 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $0 |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $13,665,235 |
Interest on participant loans | 2019-12-31 | $11,327 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $579,288 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $3,194,444 |
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 | $678,674 |
Employer contributions (assets) at end of year | 2019-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $10,138 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $2,345,071 |
Contract administrator fees | 2019-12-31 | $67,550 |
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 | RANDY M BROWN & ASSOCIATES CPAS PC |
Accountancy firm EIN | 2019-12-31 | 581945983 |
2018 : IEC MEMBERS SAVINGS PLAN 2018 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total transfer of assets to this plan | 2018-12-31 | $239,162 |
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 | $48,224 |
Total income from all sources (including contributions) | 2018-12-31 | $891,042 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $570,445 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $534,217 |
Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $10,720 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $1,713,943 |
Value of total assets at end of year | 2018-12-31 | $13,915,650 |
Value of total assets at beginning of year | 2018-12-31 | $13,404,115 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $25,508 |
Total interest from all sources | 2018-12-31 | $10,253 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $1,208,759 |
Participant contributions at end of year | 2018-12-31 | $218,892 |
Participant contributions at beginning of year | 2018-12-31 | $215,606 |
Participant contributions at end of year | 2018-12-31 | $21,385 |
Participant contributions at beginning of year | 2018-12-31 | $40,245 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $88,398 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2018-12-31 | $3,859 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $48,224 |
Other income not declared elsewhere | 2018-12-31 | $8,748 |
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 | $320,597 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $13,915,650 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $13,355,891 |
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 |
Investment advisory and management fees | 2018-12-31 | $25,508 |
Value of interest in pooled separate accounts at end of year | 2018-12-31 | $13,665,235 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $13,029,948 |
Interest on participant loans | 2018-12-31 | $10,253 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $1,518 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-841,902 |
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 | $416,786 |
Employer contributions (assets) at end of year | 2018-12-31 | $10,138 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $116,798 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $530,358 |
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 | RANDY M BROWN & ASSOCIATES CPAS PC |
Accountancy firm EIN | 2018-12-31 | 581945983 |
2017 : IEC MEMBERS SAVINGS PLAN 2017 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total transfer of assets to this plan | 2017-12-31 | $6,294,816 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $48,224 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $34,369 |
Total income from all sources (including contributions) | 2017-12-31 | $3,437,580 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $3,210,893 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $3,073,842 |
Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $68,379 |
Value of total corrective distributions | 2017-12-31 | $48,224 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $1,309,895 |
Value of total assets at end of year | 2017-12-31 | $13,404,115 |
Value of total assets at beginning of year | 2017-12-31 | $6,868,757 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $20,448 |
Total interest from all sources | 2017-12-31 | $13,220 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $876,826 |
Participant contributions at end of year | 2017-12-31 | $215,606 |
Participant contributions at beginning of year | 2017-12-31 | $66,452 |
Participant contributions at end of year | 2017-12-31 | $40,245 |
Participant contributions at beginning of year | 2017-12-31 | $21,467 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $39,809 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2017-12-31 | $3,109 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-12-31 | $48,224 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $34,369 |
Other income not declared elsewhere | 2017-12-31 | $7,029 |
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 | $226,687 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $13,355,891 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $6,834,388 |
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 | $13,029,948 |
Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $6,606,623 |
Interest on participant loans | 2017-12-31 | $13,220 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $1,518 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $2,406 |
Net investment gain/loss from pooled separate accounts | 2017-12-31 | $2,107,436 |
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 | $393,260 |
Employer contributions (assets) at end of year | 2017-12-31 | $116,798 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $171,809 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $3,070,733 |
Contract administrator fees | 2017-12-31 | $20,448 |
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 | Yes |
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 | RANDY M BROWN & ASSOCIATES CPAS PC |
Accountancy firm EIN | 2017-12-31 | 581945983 |
2016 : IEC MEMBERS SAVINGS PLAN 2016 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total transfer of assets to this plan | 2016-12-31 | $3,027,283 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $34,369 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $148 |
Total income from all sources (including contributions) | 2016-12-31 | $1,247,629 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $575,275 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $526,577 |
Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $1,529 |
Value of total corrective distributions | 2016-12-31 | $34,369 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $821,819 |
Value of total assets at end of year | 2016-12-31 | $6,868,757 |
Value of total assets at beginning of year | 2016-12-31 | $3,134,899 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $12,800 |
Total interest from all sources | 2016-12-31 | $1,720 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
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 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $468,010 |
Participant contributions at end of year | 2016-12-31 | $66,452 |
Participant contributions at beginning of year | 2016-12-31 | $13,077 |
Participant contributions at end of year | 2016-12-31 | $21,467 |
Participant contributions at beginning of year | 2016-12-31 | $12,512 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $96,135 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $69 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $34,369 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $148 |
Other income not declared elsewhere | 2016-12-31 | $3,772 |
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 | $672,354 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $6,834,388 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $3,134,751 |
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 | $6,606,623 |
Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $3,084,841 |
Interest on participant loans | 2016-12-31 | $1,720 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $2,406 |
Net investment gain/loss from pooled separate accounts | 2016-12-31 | $420,318 |
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 | Yes |
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 | $257,674 |
Employer contributions (assets) at end of year | 2016-12-31 | $171,809 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $24,400 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $526,577 |
Contract administrator fees | 2016-12-31 | $12,800 |
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 | RANDY M BROWN & ASSOCIATES CPAS PC |
Accountancy firm EIN | 2016-12-31 | 581945983 |