GALACTIC, INC. has sponsored the creation of one or more 401k plans.
Additional information about GALACTIC, INC.
Submission information for form 5500 for 401k plan GALACTIC EMPLOYER SERVICES 401(K) PLAN
Measure | Date | Value |
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2022 : GALACTIC EMPLOYER SERVICES 401(K) PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total transfer of assets from this plan | 2022-12-31 | $77,206 |
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 | $-680,722 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $684,576 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $543,282 |
Value of total corrective distributions | 2022-12-31 | $3,445 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,744,759 |
Value of total assets at end of year | 2022-12-31 | $13,665,274 |
Value of total assets at beginning of year | 2022-12-31 | $15,107,778 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $137,849 |
Total interest from all sources | 2022-12-31 | $31,612 |
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 |
Administrative expenses professional fees incurred | 2022-12-31 | $137,849 |
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 | $1,681,179 |
Participant contributions at end of year | 2022-12-31 | $261,879 |
Participant contributions at beginning of year | 2022-12-31 | $158,031 |
Participant contributions at end of year | 2022-12-31 | $43,771 |
Participant contributions at beginning of year | 2022-12-31 | $35,115 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $376,539 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $416 |
Total non interest bearing cash at end of year | 2022-12-31 | $17,913 |
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 | $-1,365,298 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $13,665,274 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $15,107,778 |
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 | $13,327,034 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $13,156,859 |
Interest on participant loans | 2022-12-31 | $9,078 |
Interest earned on other investments | 2022-12-31 | $22,534 |
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 | $1,743,679 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-3,457,093 |
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 | $687,041 |
Employer contributions (assets) at end of year | 2022-12-31 | $14,677 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $13,678 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $543,282 |
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 | BORLAND BENEFIELD, P.C. |
Accountancy firm EIN | 2022-12-31 | 630721243 |
2021 : GALACTIC EMPLOYER SERVICES 401(K) PLAN 2021 401k financial data |
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Total transfer of assets to this plan | 2021-12-31 | $291,231 |
Total income from all sources (including contributions) | 2021-12-31 | $3,062,981 |
Total of all expenses incurred | 2021-12-31 | $667,452 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $536,172 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,889,770 |
Value of total assets at end of year | 2021-12-31 | $15,107,778 |
Value of total assets at beginning of year | 2021-12-31 | $12,421,018 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $131,280 |
Total interest from all sources | 2021-12-31 | $30,033 |
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 | No |
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 | $1,305,926 |
Participant contributions at end of year | 2021-12-31 | $158,031 |
Participant contributions at beginning of year | 2021-12-31 | $124,974 |
Participant contributions at end of year | 2021-12-31 | $35,115 |
Participant contributions at beginning of year | 2021-12-31 | $28,143 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $8,241 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $416 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $323 |
Administrative expenses (other) incurred | 2021-12-31 | $131,280 |
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 | $2,395,529 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $15,107,778 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $12,421,018 |
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 | $13,156,859 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $11,180,122 |
Interest on participant loans | 2021-12-31 | $8,296 |
Interest earned on other investments | 2021-12-31 | $21,737 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $1,743,679 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $1,078,181 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $1,143,178 |
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 | $575,603 |
Employer contributions (assets) at end of year | 2021-12-31 | $13,678 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $9,275 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $536,172 |
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 | No |
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 | BORELAND BENEFIELD, P.C. |
Accountancy firm EIN | 2021-12-31 | 630721243 |
2020 : GALACTIC EMPLOYER SERVICES 401(K) PLAN 2020 401k financial data |
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Total income from all sources (including contributions) | 2020-12-31 | $4,425,067 |
Total of all expenses incurred | 2020-12-31 | $462,735 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $369,915 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,332,439 |
Value of total assets at end of year | 2020-12-31 | $12,421,018 |
Value of total assets at beginning of year | 2020-12-31 | $8,458,686 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $92,820 |
Total interest from all sources | 2020-12-31 | $21,788 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
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 | $920,536 |
Participant contributions at end of year | 2020-12-31 | $124,974 |
Participant contributions at beginning of year | 2020-12-31 | $137,542 |
Participant contributions at end of year | 2020-12-31 | $28,143 |
Participant contributions at beginning of year | 2020-12-31 | $8,189 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $7,706 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $323 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $336 |
Administrative expenses (other) incurred | 2020-12-31 | $92,820 |
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 | $3,962,332 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $12,421,018 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $8,458,686 |
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 |
Value of interest in pooled separate accounts at end of year | 2020-12-31 | $11,180,122 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $7,453,221 |
Interest on participant loans | 2020-12-31 | $7,279 |
Interest earned on other investments | 2020-12-31 | $14,509 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $1,078,181 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $855,941 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $3,070,840 |
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 | $404,197 |
Employer contributions (assets) at end of year | 2020-12-31 | $9,275 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $3,457 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $369,915 |
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 | 2020-12-31 | No |
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 | BORELAND BENEFIELD, P.C. |
Accountancy firm EIN | 2020-12-31 | 630721243 |
2019 : GALACTIC EMPLOYER SERVICES 401(K) PLAN 2019 401k financial data |
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Total transfer of assets to this plan | 2019-12-31 | $1,215,234 |
Total transfer of assets to this plan | 2019-12-31 | $1,215,234 |
Total income from all sources (including contributions) | 2019-12-31 | $2,489,768 |
Total income from all sources (including contributions) | 2019-12-31 | $2,489,768 |
Total of all expenses incurred | 2019-12-31 | $420,234 |
Total of all expenses incurred | 2019-12-31 | $420,234 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $343,979 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $343,979 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $2,421 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,201,295 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,201,295 |
Value of total assets at end of year | 2019-12-31 | $8,458,686 |
Value of total assets at end of year | 2019-12-31 | $8,458,686 |
Value of total assets at beginning of year | 2019-12-31 | $5,173,918 |
Value of total assets at beginning of year | 2019-12-31 | $5,173,918 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $73,834 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $73,834 |
Total interest from all sources | 2019-12-31 | $24,452 |
Total interest from all sources | 2019-12-31 | $24,452 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
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 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $500,000 |
Value of fidelity bond cover | 2019-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
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 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $693,984 |
Contributions received from participants | 2019-12-31 | $693,984 |
Participant contributions at end of year | 2019-12-31 | $137,542 |
Participant contributions at end of year | 2019-12-31 | $137,542 |
Participant contributions at beginning of year | 2019-12-31 | $47,189 |
Participant contributions at beginning of year | 2019-12-31 | $47,189 |
Participant contributions at end of year | 2019-12-31 | $8,189 |
Participant contributions at end of year | 2019-12-31 | $8,189 |
Participant contributions at beginning of year | 2019-12-31 | $8,124 |
Participant contributions at beginning of year | 2019-12-31 | $8,124 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $171,945 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $171,945 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $336 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $336 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $23 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $23 |
Administrative expenses (other) incurred | 2019-12-31 | $73,834 |
Administrative expenses (other) incurred | 2019-12-31 | $73,834 |
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 |
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 | $2,069,534 |
Value of net income/loss | 2019-12-31 | $2,069,534 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $8,458,686 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $8,458,686 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $5,173,918 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $5,173,918 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
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 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 |
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 | $7,453,221 |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $7,453,221 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $4,556,582 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $4,556,582 |
Interest on participant loans | 2019-12-31 | $7,327 |
Interest on participant loans | 2019-12-31 | $7,327 |
Interest earned on other investments | 2019-12-31 | $17,125 |
Interest earned on other investments | 2019-12-31 | $17,125 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $855,941 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $855,941 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $558,320 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $558,320 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $1,264,021 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $1,264,021 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
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 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
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 | $335,366 |
Contributions received in cash from employer | 2019-12-31 | $335,366 |
Employer contributions (assets) at end of year | 2019-12-31 | $3,457 |
Employer contributions (assets) at end of year | 2019-12-31 | $3,457 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $3,680 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $343,979 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $343,979 |
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 | 2019-12-31 | No |
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 | 2019-12-31 | No |
Did the plan have assets held for investment | 2019-12-31 | Yes |
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 |
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 |
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 |
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 |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | BORELAND BENEFIELD, P.C. |
Accountancy firm name | 2019-12-31 | BORELAND BENEFIELD, P.C. |
Accountancy firm EIN | 2019-12-31 | 630721243 |
Accountancy firm EIN | 2019-12-31 | 630721243 |
2018 : GALACTIC EMPLOYER SERVICES 401(K) PLAN 2018 401k financial data |
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Total income from all sources (including contributions) | 2018-12-31 | $535,288 |
Total of all expenses incurred | 2018-12-31 | $140,468 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $84,641 |
Value of total corrective distributions | 2018-12-31 | $2,617 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $722,708 |
Value of total assets at end of year | 2018-12-31 | $5,173,918 |
Value of total assets at beginning of year | 2018-12-31 | $4,779,098 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $53,210 |
Total interest from all sources | 2018-12-31 | $8,758 |
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 | $500,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
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 | $490,051 |
Participant contributions at end of year | 2018-12-31 | $47,189 |
Participant contributions at beginning of year | 2018-12-31 | $38,667 |
Participant contributions at end of year | 2018-12-31 | $8,124 |
Participant contributions at beginning of year | 2018-12-31 | $13,235 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $12,497 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $23 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $4 |
Administrative expenses (other) incurred | 2018-12-31 | $53,210 |
Total non interest bearing cash at end of year | 2018-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2018-12-31 | $184 |
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 | $394,820 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $5,173,918 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $4,779,098 |
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 | $4,556,582 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $4,298,031 |
Interest on participant loans | 2018-12-31 | $2,255 |
Interest earned on other investments | 2018-12-31 | $6,503 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $558,320 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $426,374 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-196,178 |
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 | No |
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 | $220,160 |
Employer contributions (assets) at end of year | 2018-12-31 | $3,680 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $2,603 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $84,641 |
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 | No |
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 | BORELAND BENEFIELD, P.C. |
Accountancy firm EIN | 2018-12-31 | 630721243 |
2017 : GALACTIC EMPLOYER SERVICES 401(K) PLAN 2017 401k financial data |
---|
Total transfer of assets to this plan | 2017-12-31 | $72,048 |
Total income from all sources (including contributions) | 2017-12-31 | $2,006,836 |
Total of all expenses incurred | 2017-12-31 | $126,491 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $72,918 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $1,561,258 |
Value of total assets at end of year | 2017-12-31 | $4,779,098 |
Value of total assets at beginning of year | 2017-12-31 | $2,826,705 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $53,573 |
Total interest from all sources | 2017-12-31 | $13,626 |
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 | $300,000 |
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 | $344,879 |
Participant contributions at end of year | 2017-12-31 | $38,667 |
Participant contributions at beginning of year | 2017-12-31 | $28,020 |
Participant contributions at end of year | 2017-12-31 | $13,235 |
Participant contributions at beginning of year | 2017-12-31 | $3,776 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $1,067,111 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $4 |
Administrative expenses (other) incurred | 2017-12-31 | $53,573 |
Total non interest bearing cash at end of year | 2017-12-31 | $184 |
Total non interest bearing cash at beginning of year | 2017-12-31 | $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 | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $1,880,345 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $4,779,098 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $2,826,705 |
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 | $4,298,031 |
Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $1,664,851 |
Interest on participant loans | 2017-12-31 | $1,172 |
Interest earned on other investments | 2017-12-31 | $12,454 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $426,374 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $1,128,999 |
Net investment gain/loss from pooled separate accounts | 2017-12-31 | $431,952 |
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 | No |
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 | $149,268 |
Employer contributions (assets) at end of year | 2017-12-31 | $2,603 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $1,059 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $72,918 |
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 | BORELAND BENEFIELD, P.C. |
Accountancy firm EIN | 2017-12-31 | 630721243 |
2016 : GALACTIC EMPLOYER SERVICES 401(K) PLAN 2016 401k financial data |
---|
Total transfer of assets to this plan | 2016-12-31 | $111,522 |
Total transfer of assets from this plan | 2016-12-31 | $902,796 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $11,921 |
Total income from all sources (including contributions) | 2016-12-31 | $430,669 |
Total of all expenses incurred | 2016-12-31 | $205,484 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $159,931 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $322,689 |
Value of total assets at end of year | 2016-12-31 | $2,826,705 |
Value of total assets at beginning of year | 2016-12-31 | $3,404,715 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $45,553 |
Total interest from all sources | 2016-12-31 | $1,476 |
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 | $300,000 |
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 | $237,843 |
Participant contributions at end of year | 2016-12-31 | $28,020 |
Participant contributions at beginning of year | 2016-12-31 | $60,190 |
Participant contributions at end of year | 2016-12-31 | $3,776 |
Participant contributions at beginning of year | 2016-12-31 | $4,685 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $11,921 |
Administrative expenses (other) incurred | 2016-12-31 | $45,553 |
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 | $225,185 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $2,826,705 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $3,392,794 |
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 | $1,664,851 |
Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $1,805,730 |
Interest on participant loans | 2016-12-31 | $1,476 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $1,128,999 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $1,532,544 |
Net investment gain/loss from pooled separate accounts | 2016-12-31 | $106,504 |
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 | $84,846 |
Employer contributions (assets) at end of year | 2016-12-31 | $1,059 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $1,566 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $159,931 |
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 | 2016-12-31 | No |
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 | BORELAND BENEFIELD, P.C. |
Accountancy firm EIN | 2016-12-31 | 630721243 |
2015 : GALACTIC EMPLOYER SERVICES 401(K) PLAN 2015 401k financial data |
---|
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $11,921 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $5,058 |
Total income from all sources (including contributions) | 2015-12-31 | $372,150 |
Total of all expenses incurred | 2015-12-31 | $457,005 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $386,475 |
Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $5,504 |
Value of total corrective distributions | 2015-12-31 | $11,921 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $334,674 |
Value of total assets at end of year | 2015-12-31 | $3,404,715 |
Value of total assets at beginning of year | 2015-12-31 | $3,482,707 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $53,105 |
Total interest from all sources | 2015-12-31 | $2,647 |
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 | $300,000 |
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 | $239,796 |
Participant contributions at end of year | 2015-12-31 | $60,190 |
Participant contributions at beginning of year | 2015-12-31 | $65,928 |
Participant contributions at end of year | 2015-12-31 | $4,685 |
Participant contributions at beginning of year | 2015-12-31 | $11,473 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-12-31 | $11,921 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $5,058 |
Other income not declared elsewhere | 2015-12-31 | $21,472 |
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 | $-84,855 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $3,392,794 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $3,477,649 |
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 | $1,805,730 |
Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $1,637,763 |
Interest on participant loans | 2015-12-31 | $2,647 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $1,532,544 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $1,764,943 |
Net investment gain/loss from pooled separate accounts | 2015-12-31 | $13,357 |
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 | $94,878 |
Employer contributions (assets) at end of year | 2015-12-31 | $1,566 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $2,600 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $386,475 |
Contract administrator fees | 2015-12-31 | $53,105 |
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 | BORELAND BENEFIELD, P.C |
Accountancy firm EIN | 2015-12-31 | 630721243 |
2014 : GALACTIC EMPLOYER SERVICES 401(K) PLAN 2014 401k financial data |
---|
Total transfer of assets to this plan | 2014-12-31 | $1,001,930 |
Total transfer of assets from this plan | 2014-12-31 | $759,222 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $5,058 |
Total income from all sources (including contributions) | 2014-12-31 | $592,762 |
Total of all expenses incurred | 2014-12-31 | $470,640 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $412,438 |
Value of total corrective distributions | 2014-12-31 | $5,058 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $450,022 |
Value of total assets at end of year | 2014-12-31 | $3,482,707 |
Value of total assets at beginning of year | 2014-12-31 | $3,112,819 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $53,144 |
Total interest from all sources | 2014-12-31 | $3,026 |
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 | $316,871 |
Participant contributions at end of year | 2014-12-31 | $65,928 |
Participant contributions at beginning of year | 2014-12-31 | $104,547 |
Participant contributions at end of year | 2014-12-31 | $11,473 |
Participant contributions at beginning of year | 2014-12-31 | $4,764 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2014-12-31 | $5,058 |
Other income not declared elsewhere | 2014-12-31 | $22,694 |
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 | $122,122 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $3,477,649 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $3,112,819 |
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 | $1,637,763 |
Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $1,700,982 |
Interest on participant loans | 2014-12-31 | $3,026 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $1,764,943 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $1,300,124 |
Net investment gain/loss from pooled separate accounts | 2014-12-31 | $117,020 |
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 | $133,151 |
Employer contributions (assets) at end of year | 2014-12-31 | $2,600 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $2,402 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $412,438 |
Contract administrator fees | 2014-12-31 | $53,144 |
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 | BORELAND BENEFIELD, P.C. |
Accountancy firm EIN | 2014-12-31 | 630721243 |
2013 : GALACTIC EMPLOYER SERVICES 401(K) PLAN 2013 401k financial data |
---|
Total income from all sources (including contributions) | 2013-12-31 | $869,604 |
Total of all expenses incurred | 2013-12-31 | $537,260 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $491,736 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $458,603 |
Value of total assets at end of year | 2013-12-31 | $3,112,819 |
Value of total assets at beginning of year | 2013-12-31 | $2,780,475 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $45,524 |
Total interest from all sources | 2013-12-31 | $4,415 |
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 | $300,000 |
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 | $321,464 |
Participant contributions at end of year | 2013-12-31 | $104,547 |
Participant contributions at beginning of year | 2013-12-31 | $118,095 |
Participant contributions at end of year | 2013-12-31 | $4,764 |
Participant contributions at beginning of year | 2013-12-31 | $6,059 |
Other income not declared elsewhere | 2013-12-31 | $6,985 |
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 | $332,344 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $3,112,819 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $2,780,475 |
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 | $1,700,982 |
Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $1,447,237 |
Interest on participant loans | 2013-12-31 | $4,415 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $1,300,124 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $1,131,625 |
Net investment gain/loss from pooled separate accounts | 2013-12-31 | $399,601 |
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 | $137,139 |
Employer contributions (assets) at end of year | 2013-12-31 | $2,402 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $77,459 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $491,736 |
Contract administrator fees | 2013-12-31 | $45,524 |
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 | 2013-12-31 | No |
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 | BORLAND BENEFIELD, P.C. |
Accountancy firm EIN | 2013-12-31 | 630721243 |
2012 : GALACTIC EMPLOYER SERVICES 401(K) PLAN 2012 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
Total transfer of assets to this plan | 2012-12-31 | $30,661 |
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 | $0 |
Total income from all sources (including contributions) | 2012-12-31 | $707,324 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $125,196 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $78,638 |
Expenses. Certain deemed distributions of participant loans | 2012-12-31 | $5,041 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $535,563 |
Value of total assets at end of year | 2012-12-31 | $2,780,475 |
Value of total assets at beginning of year | 2012-12-31 | $2,167,686 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $41,517 |
Total interest from all sources | 2012-12-31 | $4,025 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Administrative expenses professional fees incurred | 2012-12-31 | $4,750 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $250,000 |
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 | $317,591 |
Participant contributions at end of year | 2012-12-31 | $118,095 |
Participant contributions at beginning of year | 2012-12-31 | $106,152 |
Participant contributions at end of year | 2012-12-31 | $6,059 |
Participant contributions at beginning of year | 2012-12-31 | $5,466 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $5,353 |
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 | $582,128 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $2,780,475 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $2,167,686 |
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 | $1,447,237 |
Value of interest in pooled separate accounts at beginning of year | 2012-12-31 | $1,005,327 |
Interest on participant loans | 2012-12-31 | $4,025 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $1,131,625 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $983,564 |
Net investment gain/loss from pooled separate accounts | 2012-12-31 | $167,736 |
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 | Yes |
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 | $212,619 |
Employer contributions (assets) at end of year | 2012-12-31 | $77,459 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $67,177 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $78,638 |
Contract administrator fees | 2012-12-31 | $36,767 |
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 | 2012-12-31 | No |
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 | BORLAND BENEFIELD P. C. |
Accountancy firm EIN | 2012-12-31 | 630721243 |
2011 : GALACTIC EMPLOYER SERVICES 401(K) PLAN 2011 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
Total transfer of assets to this plan | 2011-12-31 | $730,955 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
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 | $510,036 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $155,270 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $127,484 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $513,646 |
Value of total assets at end of year | 2011-12-31 | $2,167,686 |
Value of total assets at beginning of year | 2011-12-31 | $1,081,965 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $27,786 |
Total interest from all sources | 2011-12-31 | $2,927 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Was this plan covered by a fidelity bond | 2011-12-31 | No |
Value of fidelity bond cover | 2011-12-31 | $50,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
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 | $250,009 |
Participant contributions at end of year | 2011-12-31 | $106,152 |
Participant contributions at beginning of year | 2011-12-31 | $46,797 |
Participant contributions at end of year | 2011-12-31 | $5,466 |
Participant contributions at beginning of year | 2011-12-31 | $5,609 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $18,221 |
Other income not declared elsewhere | 2011-12-31 | $31 |
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 | $354,766 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $2,167,686 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $1,081,965 |
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 | $1,005,327 |
Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $699,323 |
Interest on participant loans | 2011-12-31 | $2,927 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $983,564 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $327,999 |
Net investment gain/loss from pooled separate accounts | 2011-12-31 | $-6,568 |
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 | $245,416 |
Employer contributions (assets) at end of year | 2011-12-31 | $67,177 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $2,237 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $127,484 |
Contract administrator fees | 2011-12-31 | $27,786 |
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 | 2011-12-31 | No |
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 | No |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Unqualified |
Accountancy firm name | 2011-12-31 | ROBERT A WEBB AND ASSOCIATES CPA LL |
Accountancy firm EIN | 2011-12-31 | 364495988 |
2010 : GALACTIC EMPLOYER SERVICES 401(K) PLAN 2010 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
Total transfer of assets from this plan | 2010-12-31 | $75,561 |
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 | $539,834 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $97,476 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $65,043 |
Expenses. Certain deemed distributions of participant loans | 2010-12-31 | $15,949 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $433,178 |
Value of total assets at end of year | 2010-12-31 | $1,081,965 |
Value of total assets at beginning of year | 2010-12-31 | $715,168 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $16,484 |
Total interest from all sources | 2010-12-31 | $1,870 |
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 |
Was this plan covered by a fidelity bond | 2010-12-31 | No |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $189,681 |
Participant contributions at end of year | 2010-12-31 | $46,797 |
Participant contributions at beginning of year | 2010-12-31 | $24,903 |
Participant contributions at end of year | 2010-12-31 | $5,609 |
Participant contributions at beginning of year | 2010-12-31 | $6,287 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $160,905 |
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 | $442,358 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $1,081,965 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $715,168 |
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 |
Value of interest in pooled separate accounts at end of year | 2010-12-31 | $699,323 |
Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $463,953 |
Interest on participant loans | 2010-12-31 | $1,870 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $327,999 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $217,966 |
Net investment gain/loss from pooled separate accounts | 2010-12-31 | $104,786 |
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 | $82,592 |
Employer contributions (assets) at end of year | 2010-12-31 | $2,237 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $2,059 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $65,043 |
Contract administrator fees | 2010-12-31 | $16,484 |
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 | 2010-12-31 | No |
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 | No |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
Accountancy firm name | 2010-12-31 | ROBERT A WEBB AND ASSOCIATES CPA LL |
Accountancy firm EIN | 2010-12-31 | 364495988 |
2009 : GALACTIC EMPLOYER SERVICES 401(K) PLAN 2009 401k financial data |
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Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |