INVESTMENT RESEARCH & ADVISORY GROUP, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan IRA GROUP 401(K) RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2023: IRA GROUP 401(K) RETIREMENT PLAN 2023 401k membership |
|---|
| Total participants, beginning-of-year | 2023-01-01 | 19 |
| Total number of active participants reported on line 7a of the Form 5500 | 2023-01-01 | 16 |
| Number of retired or separated participants receiving benefits | 2023-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2023-01-01 | 3 |
| Total of all active and inactive participants | 2023-01-01 | 19 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2023-01-01 | 0 |
| Total participants | 2023-01-01 | 19 |
| Number of participants with account balances | 2023-01-01 | 19 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2023-01-01 | 0 |
| 2022: IRA GROUP 401(K) RETIREMENT PLAN 2022 401k membership |
|---|
| Total participants, beginning-of-year | 2022-01-01 | 18 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 15 |
| Number of retired or separated participants receiving benefits | 2022-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 4 |
| Total of all active and inactive participants | 2022-01-01 | 19 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
| Total participants | 2022-01-01 | 19 |
| Number of participants with account balances | 2022-01-01 | 19 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
| 2021: IRA GROUP 401(K) RETIREMENT PLAN 2021 401k membership |
|---|
| Total participants, beginning-of-year | 2021-01-01 | 16 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 15 |
| Number of retired or separated participants receiving benefits | 2021-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 3 |
| Total of all active and inactive participants | 2021-01-01 | 18 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
| Total participants | 2021-01-01 | 18 |
| Number of participants with account balances | 2021-01-01 | 18 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
| Measure | Date | Value |
|---|
| 2023 : IRA GROUP 401(K) RETIREMENT PLAN 2023 401k financial data |
|---|
| Transfers to/from the plan | 2023-12-31 | $0 |
| Total plan liabilities at end of year | 2023-12-31 | $0 |
| Total plan liabilities at beginning of year | 2023-12-31 | $0 |
| Total income from all sources | 2023-12-31 | $1,100,582 |
| Expenses. Total of all expenses incurred | 2023-12-31 | $417,111 |
| Benefits paid (including direct rollovers) | 2023-12-31 | $413,358 |
| Total plan assets at end of year | 2023-12-31 | $5,546,277 |
| Total plan assets at beginning of year | 2023-12-31 | $4,862,806 |
| Value of fidelity bond covering the plan | 2023-12-31 | $498,145 |
| Assets. Value of tangible personal property | 2023-12-31 | $0 |
| Total contributions received or receivable from participants | 2023-12-31 | $184,822 |
| Assets. Value of loans (other than to participants) | 2023-12-31 | $0 |
| Expenses. Other expenses not covered elsewhere | 2023-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2023-12-31 | $21,217 |
| Other income received | 2023-12-31 | $822,195 |
| Noncash contributions received | 2023-12-31 | $0 |
| Net income (gross income less expenses) | 2023-12-31 | $683,471 |
| Net plan assets at end of year (total assets less liabilities) | 2023-12-31 | $5,546,277 |
| Net plan assets at beginning of year (total assets less liabilities) | 2023-12-31 | $4,862,806 |
| Assets. Value of participant loans | 2023-12-31 | $14,301 |
| Assets. Value of assets in partnership/joint-venture interests | 2023-12-31 | $0 |
| Assets. Value of real-estate (other than employer real property) | 2023-12-31 | $0 |
| Assets. Value of employer securities | 2023-12-31 | $0 |
| Assets. Value of employer real property | 2023-12-31 | $0 |
| Total contributions received or receivable from employer(s) | 2023-12-31 | $72,348 |
| Value of certain deemed distributions of participant loans | 2023-12-31 | $0 |
| Value of corrective distributions | 2023-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2023-12-31 | $3,753 |
| 2022 : IRA GROUP 401(K) RETIREMENT PLAN 2022 401k financial data |
|---|
| Transfers to/from the plan | 2022-12-31 | $0 |
| Total plan liabilities at end of year | 2022-12-31 | $0 |
| Total plan liabilities at beginning of year | 2022-12-31 | $0 |
| Total income from all sources | 2022-12-31 | $-803,319 |
| Expenses. Total of all expenses incurred | 2022-12-31 | $43,253 |
| Benefits paid (including direct rollovers) | 2022-12-31 | $38,953 |
| Total plan assets at end of year | 2022-12-31 | $4,862,806 |
| Total plan assets at beginning of year | 2022-12-31 | $5,709,378 |
| Value of fidelity bond covering the plan | 2022-12-31 | $498,145 |
| Total contributions received or receivable from participants | 2022-12-31 | $169,079 |
| Expenses. Other expenses not covered elsewhere | 2022-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2022-12-31 | $10,131 |
| Other income received | 2022-12-31 | $-1,047,690 |
| Noncash contributions received | 2022-12-31 | $0 |
| Net income (gross income less expenses) | 2022-12-31 | $-846,572 |
| Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $4,862,806 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $5,709,378 |
| Assets. Value of participant loans | 2022-12-31 | $21,314 |
| Total contributions received or receivable from employer(s) | 2022-12-31 | $65,161 |
| Value of certain deemed distributions of participant loans | 2022-12-31 | $0 |
| Value of corrective distributions | 2022-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2022-12-31 | $4,300 |
| 2021 : IRA GROUP 401(K) RETIREMENT PLAN 2021 401k financial data |
|---|
| Transfers to/from the plan | 2021-12-31 | $0 |
| Total plan liabilities at end of year | 2021-12-31 | $0 |
| Total plan liabilities at beginning of year | 2021-12-31 | $0 |
| Total income from all sources | 2021-12-31 | $819,744 |
| Expenses. Total of all expenses incurred | 2021-12-31 | $91,819 |
| Benefits paid (including direct rollovers) | 2021-12-31 | $88,498 |
| Total plan assets at end of year | 2021-12-31 | $5,709,378 |
| Total plan assets at beginning of year | 2021-12-31 | $4,981,453 |
| Value of fidelity bond covering the plan | 2021-12-31 | $498,145 |
| Total contributions received or receivable from participants | 2021-12-31 | $139,696 |
| Expenses. Other expenses not covered elsewhere | 2021-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2021-12-31 | $0 |
| Other income received | 2021-12-31 | $620,990 |
| Noncash contributions received | 2021-12-31 | $0 |
| Net income (gross income less expenses) | 2021-12-31 | $727,925 |
| Net plan assets at end of year (total assets less liabilities) | 2021-12-31 | $5,709,378 |
| Net plan assets at beginning of year (total assets less liabilities) | 2021-12-31 | $4,981,453 |
| Assets. Value of participant loans | 2021-12-31 | $38,557 |
| Total contributions received or receivable from employer(s) | 2021-12-31 | $59,058 |
| Value of certain deemed distributions of participant loans | 2021-12-31 | $0 |
| Value of corrective distributions | 2021-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2021-12-31 | $3,321 |
| 2023: IRA GROUP 401(K) RETIREMENT PLAN 2023 form 5500 responses |
|---|
| 2023-01-01 | Type of plan entity | Single employer plan |
| 2023-01-01 | This submission is the final filing | No |
| 2023-01-01 | Plan is a collectively bargained plan | No |
| 2023-01-01 | Plan funding arrangement – Trust | Yes |
| 2023-01-01 | Plan benefit arrangement - Trust | Yes |
| 2022: IRA GROUP 401(K) RETIREMENT PLAN 2022 form 5500 responses |
|---|
| 2022-01-01 | Type of plan entity | Single employer plan |
| 2022-01-01 | Submission has been amended | No |
| 2022-01-01 | This submission is the final filing | No |
| 2022-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2022-01-01 | Plan is a collectively bargained plan | No |
| 2022-01-01 | Plan funding arrangement – Trust | Yes |
| 2022-01-01 | Plan benefit arrangement - Trust | Yes |
| 2021: IRA GROUP 401(K) RETIREMENT PLAN 2021 form 5500 responses |
|---|
| 2021-01-01 | Type of plan entity | Single employer plan |
| 2021-01-01 | Submission has been amended | No |
| 2021-01-01 | This submission is the final filing | No |
| 2021-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2021-01-01 | Plan is a collectively bargained plan | No |
| 2021-01-01 | Plan funding arrangement – Trust | Yes |
| 2021-01-01 | Plan benefit arrangement - Trust | Yes |
