R E WATSON & ASSOCIATES INC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan R E WATSON & ASSOCIATES INC 401(K) PROFIT SHARING PLAN & TRUST
401k plan membership statisitcs for R E WATSON & ASSOCIATES INC 401(K) PROFIT SHARING PLAN & TRUST
| Measure | Date | Value |
|---|
| 2023: R E WATSON & ASSOCIATES INC 401(K) PROFIT SHARING PLAN & TRUST 2023 401k membership |
|---|
| Total participants, beginning-of-year | 2023-01-01 | 56 |
| Total number of active participants reported on line 7a of the Form 5500 | 2023-01-01 | 42 |
| 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 | 7 |
| Total of all active and inactive participants | 2023-01-01 | 49 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2023-01-01 | 0 |
| Total participants | 2023-01-01 | 49 |
| Number of participants with account balances | 2023-01-01 | 44 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2023-01-01 | 1 |
| 2022: R E WATSON & ASSOCIATES INC 401(K) PROFIT SHARING PLAN & TRUST 2022 401k membership |
|---|
| Total participants, beginning-of-year | 2022-01-01 | 56 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 48 |
| 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 | 8 |
| Total of all active and inactive participants | 2022-01-01 | 56 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
| Total participants | 2022-01-01 | 56 |
| Number of participants with account balances | 2022-01-01 | 49 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
| 2021: R E WATSON & ASSOCIATES INC 401(K) PROFIT SHARING PLAN & TRUST 2021 401k membership |
|---|
| Total participants, beginning-of-year | 2021-01-01 | 49 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 48 |
| 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 | 4 |
| Total of all active and inactive participants | 2021-01-01 | 52 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
| Total participants | 2021-01-01 | 52 |
| Number of participants with account balances | 2021-01-01 | 48 |
| 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 : R E WATSON & ASSOCIATES INC 401(K) PROFIT SHARING PLAN & TRUST 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 | $654,336 |
| Expenses. Total of all expenses incurred | 2023-12-31 | $134,278 |
| Benefits paid (including direct rollovers) | 2023-12-31 | $118,217 |
| Total plan assets at end of year | 2023-12-31 | $2,319,153 |
| Total plan assets at beginning of year | 2023-12-31 | $1,799,095 |
| Value of fidelity bond covering the plan | 2023-12-31 | $0 |
| Total contributions received or receivable from participants | 2023-12-31 | $127,035 |
| Expenses. Other expenses not covered elsewhere | 2023-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2023-12-31 | $0 |
| Other income received | 2023-12-31 | $454,075 |
| Net income (gross income less expenses) | 2023-12-31 | $520,058 |
| Net plan assets at end of year (total assets less liabilities) | 2023-12-31 | $2,319,153 |
| Net plan assets at beginning of year (total assets less liabilities) | 2023-12-31 | $1,799,095 |
| Total contributions received or receivable from employer(s) | 2023-12-31 | $73,226 |
| 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 | $16,061 |
| 2022 : R E WATSON & ASSOCIATES INC 401(K) PROFIT SHARING PLAN & TRUST 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 | $-142,561 |
| Expenses. Total of all expenses incurred | 2022-12-31 | $87,640 |
| Benefits paid (including direct rollovers) | 2022-12-31 | $73,494 |
| Total plan assets at end of year | 2022-12-31 | $1,799,095 |
| Total plan assets at beginning of year | 2022-12-31 | $2,029,296 |
| Value of fidelity bond covering the plan | 2022-12-31 | $0 |
| Total contributions received or receivable from participants | 2022-12-31 | $192,303 |
| Expenses. Other expenses not covered elsewhere | 2022-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2022-12-31 | $0 |
| Other income received | 2022-12-31 | $-481,234 |
| Net income (gross income less expenses) | 2022-12-31 | $-230,201 |
| Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $1,799,095 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $2,029,296 |
| Total contributions received or receivable from employer(s) | 2022-12-31 | $146,370 |
| 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 | $14,146 |
| 2021 : R E WATSON & ASSOCIATES INC 401(K) PROFIT SHARING PLAN & TRUST 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 | $620,398 |
| Expenses. Total of all expenses incurred | 2021-12-31 | $39,865 |
| Benefits paid (including direct rollovers) | 2021-12-31 | $26,965 |
| Total plan assets at end of year | 2021-12-31 | $2,029,296 |
| Total plan assets at beginning of year | 2021-12-31 | $1,448,763 |
| Value of fidelity bond covering the plan | 2021-12-31 | $0 |
| Total contributions received or receivable from participants | 2021-12-31 | $185,489 |
| 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 | $289,135 |
| Net income (gross income less expenses) | 2021-12-31 | $580,533 |
| Net plan assets at end of year (total assets less liabilities) | 2021-12-31 | $2,029,296 |
| Net plan assets at beginning of year (total assets less liabilities) | 2021-12-31 | $1,448,763 |
| Total contributions received or receivable from employer(s) | 2021-12-31 | $145,774 |
| 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 | $12,900 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Funding deficiency by the employer to the plan for this plan year | 2021-12-31 | $0 |
| Minimum employer required contribution for this plan year | 2021-12-31 | $0 |
| Amount contributed by the employer to the plan for this plan year | 2021-12-31 | $0 |
| 2023: R E WATSON & ASSOCIATES INC 401(K) PROFIT SHARING PLAN & TRUST 2023 form 5500 responses |
|---|
| 2023-01-01 | Type of plan entity | Single employer plan |
| 2023-01-01 | Submission has been amended | No |
| 2023-01-01 | This submission is the final filing | No |
| 2023-01-01 | This return/report is a short plan year return/report (less than 12 months) | 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: R E WATSON & ASSOCIATES INC 401(K) PROFIT SHARING PLAN & TRUST 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: R E WATSON & ASSOCIATES INC 401(K) PROFIT SHARING PLAN & TRUST 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 |
