KGI WIRELESS, INC. has sponsored the creation of one or more 401k plans.
Additional information about KGI WIRELESS, INC.
| Measure | Date | Value |
|---|
| 2025 : KGI WIRELESS 401(K) PLAN 2025 401k financial data |
|---|
| Total liabilities as of the beginning of the plan year | 2025-06-09 | 0 |
| Total expenses incurred by plan in this plan year | 2025-06-09 | 902009 |
| Net assets as of the end of the plan year | 2025-06-09 | 3159301 |
| Total assets as of the beginning of the plan year | 2025-06-09 | 3096689 |
| Value of plan covered by a fidelity bond | 2025-06-09 | 500000 |
| Participant contributions to plan in this plan year | 2025-06-09 | 456044 |
| Value of participant loans at end of plan year | 2025-06-09 | 58090 |
| Other contributions to plan in this plan year | 2025-06-09 | 7600 |
| Other income to plan in this plan year | 2025-06-09 | 447682 |
| Plan net income in this plan year | 2025-06-09 | 62612 |
| Net assets as of the end of the plan year | 2025-06-09 | 3159301 |
| Net assets as of the beginning of the plan year | 2025-06-09 | 3096689 |
| Employer contributions to plan in this plan year | 2025-06-09 | 53295 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-06-09 | 24533 |
| 2024 : KGI WIRELESS 401(K) PLAN 2024 401k financial data |
|---|
| Total liabilities as of the beginning of the plan year | 2024-08-15 | 0 |
| Total expenses incurred by plan in this plan year | 2024-08-15 | 363066 |
| Net assets as of the end of the plan year | 2024-08-15 | 3096689 |
| Total assets as of the beginning of the plan year | 2024-08-15 | 2327717 |
| Value of plan covered by a fidelity bond | 2024-08-15 | 500000 |
| Participant contributions to plan in this plan year | 2024-08-15 | 569986 |
| Value of participant loans at end of plan year | 2024-08-15 | 34422 |
| Other income to plan in this plan year | 2024-08-15 | 446084 |
| Plan net income in this plan year | 2024-08-15 | 768972 |
| Net assets as of the end of the plan year | 2024-08-15 | 3096689 |
| Net assets as of the beginning of the plan year | 2024-08-15 | 2327717 |
| Employer contributions to plan in this plan year | 2024-08-15 | 115968 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-08-15 | 18470 |
| 2022 : KGI WIRELESS 401(K) PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $274,215 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $309,540 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $295,403 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $657,954 |
| Value of total assets at end of year | 2022-12-31 | $2,327,717 |
| Value of total assets at beginning of year | 2022-12-31 | $2,363,042 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $14,137 |
| Total interest from all sources | 2022-12-31 | $560 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $51,398 |
| 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 | $51,398 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $237,000 |
| 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 | $552,250 |
| Participant contributions at end of year | 2022-12-31 | $15,774 |
| Participant contributions at beginning of year | 2022-12-31 | $10,600 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $29,195 |
| 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 | $-35,325 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $2,327,717 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $2,363,042 |
| 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 | $12,692 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $2,274,827 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $2,293,190 |
| Interest on participant loans | 2022-12-31 | $560 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $34,583 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $17,661 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $2,533 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $214 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $214 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-436,102 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $405 |
| 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 | $76,509 |
| Employer contributions (assets) at end of year | 2022-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $41,377 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $295,403 |
| Contract administrator fees | 2022-12-31 | $1,445 |
| 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 | DENNER CPA, LLC |
| Accountancy firm EIN | 2022-12-31 | 873997990 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $274,215 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $309,540 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $295,403 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $657,954 |
| Value of total assets at end of year | 2022-01-01 | $2,327,717 |
| Value of total assets at beginning of year | 2022-01-01 | $2,363,042 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $14,137 |
| Total interest from all sources | 2022-01-01 | $560 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $51,398 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $51,398 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $237,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $552,250 |
| Participant contributions at end of year | 2022-01-01 | $15,774 |
| Participant contributions at beginning of year | 2022-01-01 | $10,600 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $29,195 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-35,325 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $2,327,717 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $2,363,042 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Investment advisory and management fees | 2022-01-01 | $12,692 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $2,274,827 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $2,293,190 |
| Interest on participant loans | 2022-01-01 | $560 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $34,583 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $17,661 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $2,533 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-436,102 |
| Net investment gain or loss from common/collective trusts | 2022-01-01 | $405 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $76,509 |
| Employer contributions (assets) at end of year | 2022-01-01 | $0 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $41,377 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $295,403 |
| Contract administrator fees | 2022-01-01 | $1,445 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | DENNER CPA, LLC |
| Accountancy firm EIN | 2022-01-01 | 873997990 |
| 2021 : KGI WIRELESS 401(K) PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $943,017 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $47,062 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $37,379 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $675,996 |
| Value of total assets at end of year | 2021-12-31 | $2,363,042 |
| Value of total assets at beginning of year | 2021-12-31 | $1,467,087 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $9,683 |
| Total interest from all sources | 2021-12-31 | $344 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $254,134 |
| 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 | $254,134 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $147,000 |
| 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 | $499,874 |
| Participant contributions at end of year | 2021-12-31 | $10,600 |
| Participant contributions at beginning of year | 2021-12-31 | $2,159 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $70,957 |
| 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 | $895,955 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $2,363,042 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $1,467,087 |
| 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 | $8,969 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $2,293,190 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $0 |
| 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 | $356,910 |
| Interest on participant loans | 2021-12-31 | $344 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $17,661 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $1,108,018 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $214 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $-27,607 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $13,835 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $26,315 |
| 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 | $105,165 |
| Employer contributions (assets) at end of year | 2021-12-31 | $41,377 |
| 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 | $37,379 |
| Contract administrator fees | 2021-12-31 | $714 |
| 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 | DENNER CPA, LLC |
| Accountancy firm EIN | 2021-12-31 | 873997990 |
