401k Plan data: ASB SPORTS 401(K) PLAN plan

ASB SPORTS 401(K) PLAN 401k Plan overview

Plan Name	ASB SPORTS 401(K) PLAN
Plan identification number	001

ASB SPORTS 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ASB SPORTS ACQUISITION, INC. has sponsored the creation of one or more 401k plans.

Company Name: ASB SPORTS ACQUISITION, INC.

Employer identification number (EIN): 824115588

NAIC Classification: 423910
NAIC Description: Sporting and Recreational Goods and Supplies Merchant Wholesalers

Additional information about ASB SPORTS ACQUISITION, INC.

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 2018-04-16

Company Identification Number: 0802991016

Legal Registered Office Address: 11500 TAILWINDS DR

SWANTON
United States of America (USA)
43558

More information about ASB SPORTS ACQUISITION, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ASB SPORTS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 JENNIFER MILLER 2019-05-10

Plan Statistics for ASB SPORTS 401(K) PLAN

401k plan membership statisitcs for ASB SPORTS 401(K) PLAN

Measure Date Value
2023: ASB SPORTS 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 633
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 588
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 138
Total of all active and inactive participants 2023-01-01 726
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 726
Number of participants with account balances 2023-01-01 587
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 0
2022: ASB SPORTS 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 683
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 603
Number of retired or separated participants receiving benefits 2022-01-01 3
Number of other retired or separated participants entitled to future benefits 2022-01-01 103
Total of all active and inactive participants 2022-01-01 709
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 709
Number of participants with account balances 2022-01-01 593
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: ASB SPORTS 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 588
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 576
Number of retired or separated participants receiving benefits 2021-01-01 5
Number of other retired or separated participants entitled to future benefits 2021-01-01 82
Total of all active and inactive participants 2021-01-01 663
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 663
Number of participants with account balances 2021-01-01 494
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: ASB SPORTS 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 545
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 538
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 56
Total of all active and inactive participants 2020-01-01 594
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 594
Number of participants with account balances 2020-01-01 396
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: ASB SPORTS 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 543
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 539
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 24
Total of all active and inactive participants 2019-01-01 563
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 563
Number of participants with account balances 2019-01-01 361
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0

Measure	Date	Value
2023: ASB SPORTS 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	633
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	588
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	138
Total of all active and inactive participants	2023-01-01	726
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	726
Number of participants with account balances	2023-01-01	587
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	0
2022: ASB SPORTS 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	683
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	603
Number of retired or separated participants receiving benefits	2022-01-01	3
Number of other retired or separated participants entitled to future benefits	2022-01-01	103
Total of all active and inactive participants	2022-01-01	709
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	709
Number of participants with account balances	2022-01-01	593
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: ASB SPORTS 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	588
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	576
Number of retired or separated participants receiving benefits	2021-01-01	5
Number of other retired or separated participants entitled to future benefits	2021-01-01	82
Total of all active and inactive participants	2021-01-01	663
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	663
Number of participants with account balances	2021-01-01	494
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: ASB SPORTS 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	545
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	538
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	56
Total of all active and inactive participants	2020-01-01	594
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	594
Number of participants with account balances	2020-01-01	396
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: ASB SPORTS 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	543
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	539
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	24
Total of all active and inactive participants	2019-01-01	563
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	563
Number of participants with account balances	2019-01-01	361
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0

Financial Data on ASB SPORTS 401(K) PLAN

Measure	Date	Value
2023 : ASB SPORTS 401(K) PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets	2023-12-31	$0
Total transfer of assets from this plan	2023-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$94,868
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
Total income from all sources (including contributions)	2023-12-31	$4,790,282
Total loss/gain on sale of assets	2023-12-31	$0
Total of all expenses incurred	2023-12-31	$2,130,758
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$1,991,590
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$2,717,017
Value of total assets at end of year	2023-12-31	$13,764,341
Value of total assets at beginning of year	2023-12-31	$11,009,949
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$139,168
Total interest from all sources	2023-12-31	$7,069
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$293,206
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2023-12-31	$293,206
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$500,000
If this is an individual account plan, was there a blackout period	2023-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2023-12-31	No
Contributions received from participants	2023-12-31	$2,017,815
Participant contributions at end of year	2023-12-31	$149,105
Participant contributions at beginning of year	2023-12-31	$49,752
Participant contributions at end of year	2023-12-31	$64,982
Assets. Other investments not covered elsewhere at end of year	2023-12-31	$658,086
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$112,471
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2023-12-31	$94,868
Other income not declared elsewhere	2023-12-31	$927
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Value of net income/loss	2023-12-31	$2,659,524
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$13,669,473
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$11,009,949
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2023-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2023-12-31	No
Were any leases to which the plan was party in default or uncollectible	2023-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$12,872,764
Value of interest in pooled separate accounts at beginning of year	2023-12-31	$10,375,739
Interest on participant loans	2023-12-31	$7,069
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2023-12-31	$584,458
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$1,772,063
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-12-31	No
Was there a failure to transmit to the plan any participant contributions	2023-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2023-12-31	No
Contributions received in cash from employer	2023-12-31	$586,731
Employer contributions (assets) at end of year	2023-12-31	$19,404
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$1,991,590
Did the plan have assets held for investment	2023-12-31	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	2023-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2023-12-31	No
Opinion of an independent qualified public accountant for this plan	2023-12-31	Unqualified
Accountancy firm name	2023-12-31	WILLIAM VAUGHAN COMPANY
Accountancy firm EIN	2023-12-31	341145015
2022 : ASB SPORTS 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	$1,128,829
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$2,856,775
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$2,787,451
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$3,175,928
Value of total assets at end of year	2022-12-31	$11,009,949
Value of total assets at beginning of year	2022-12-31	$12,737,895
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$69,324
Total interest from all sources	2022-12-31	$13,092
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	$44,660
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$2,000,000
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	$2,028,467
Participant contributions at end of year	2022-12-31	$49,752
Participant contributions at beginning of year	2022-12-31	$53,031
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$568,479
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	$-1,727,946
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$11,009,949
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$12,737,895
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	$24,664
Value of interest in pooled separate accounts at end of year	2022-12-31	$10,375,739
Value of interest in pooled separate accounts at beginning of year	2022-12-31	$12,148,391
Interest on participant loans	2022-12-31	$2,432
Interest earned on other investments	2022-12-31	$10,660
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$584,458
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$536,473
Net investment gain/loss from pooled separate accounts	2022-12-31	$-2,060,191
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	$578,982
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$2,787,451
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	WILLIAM VAUGHAN COMPANY
Accountancy firm EIN	2022-12-31	341145015
2021 : ASB SPORTS 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	$3,828,839
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$777,218
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$707,177
Value of total corrective distributions	2021-12-31	$3,973
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$2,183,510
Value of total assets at end of year	2021-12-31	$12,737,895
Value of total assets at beginning of year	2021-12-31	$9,686,274
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$66,068
Total interest from all sources	2021-12-31	$13,926
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Administrative expenses professional fees incurred	2021-12-31	$42,727
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$2,000,000
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	$1,593,810
Participant contributions at end of year	2021-12-31	$53,031
Participant contributions at beginning of year	2021-12-31	$36,044
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$125,424
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	$3,051,621
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$12,737,895
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$9,686,274
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	$23,341
Value of interest in pooled separate accounts at end of year	2021-12-31	$12,148,391
Value of interest in pooled separate accounts at beginning of year	2021-12-31	$9,126,626
Interest on participant loans	2021-12-31	$2,759
Interest earned on other investments	2021-12-31	$11,167
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$536,473
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$523,604
Net investment gain/loss from pooled separate accounts	2021-12-31	$1,631,403
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	$464,276
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$707,177
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	WILLIAM VAUGHAN COMPANY
Accountancy firm EIN	2021-12-31	341145015
2020 : ASB SPORTS 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total transfer of assets to this plan	2020-12-31	$571,604
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$2,963,683
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$717,907
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$672,100
Value of total corrective distributions	2020-12-31	$537
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,781,589
Value of total assets at end of year	2020-12-31	$9,686,274
Value of total assets at beginning of year	2020-12-31	$6,868,894
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$45,270
Total interest from all sources	2020-12-31	$10,725
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Administrative expenses professional fees incurred	2020-12-31	$29,364
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$2,000,000
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	$1,229,519
Participant contributions at end of year	2020-12-31	$36,044
Participant contributions at beginning of year	2020-12-31	$15,549
Participant contributions at beginning of year	2020-12-31	$18,453
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$172,700
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	$2,245,776
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$9,686,274
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$6,868,894
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Investment advisory and management fees	2020-12-31	$15,906
Value of interest in pooled separate accounts at end of year	2020-12-31	$3,443,545
Value of interest in pooled separate accounts at beginning of year	2020-12-31	$1,888,719
Interest on participant loans	2020-12-31	$2,280
Interest earned on other investments	2020-12-31	$8,445
Value of interest in common/collective trusts at end of year	2020-12-31	$5,683,081
Value of interest in common/collective trusts at beginning of year	2020-12-31	$4,443,895
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$523,604
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$496,056
Net investment gain/loss from pooled separate accounts	2020-12-31	$536,630
Net investment gain or loss from common/collective trusts	2020-12-31	$634,739
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	$379,370
Employer contributions (assets) at beginning of year	2020-12-31	$6,222
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$672,100
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	WILLIAM VAUGHAN COMPANY
Accountancy firm EIN	2020-12-31	341145015
2019 : ASB SPORTS 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$6,600,008
Total income from all sources (including contributions)	2019-12-31	$6,600,008
Total loss/gain on sale of assets	2019-12-31	$0
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$204,970
Total of all expenses incurred	2019-12-31	$204,970
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$182,565
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$182,565
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$6,128,190
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$6,128,190
Value of total assets at end of year	2019-12-31	$6,868,894
Value of total assets at end of year	2019-12-31	$6,868,894
Value of total assets at beginning of year	2019-12-31	$473,856
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$22,405
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$22,405
Total interest from all sources	2019-12-31	$1,488
Total interest from all sources	2019-12-31	$1,488
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Administrative expenses professional fees incurred	2019-12-31	$22,282
Administrative expenses professional fees incurred	2019-12-31	$22,282
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	$2,000,000
Value of fidelity bond cover	2019-12-31	$2,000,000
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	$857,197
Participant contributions at end of year	2019-12-31	$15,549
Participant contributions at beginning of year	2019-12-31	$1,448
Participant contributions at end of year	2019-12-31	$18,453
Assets. Other investments not covered elsewhere at end of year	2019-12-31	$496,056
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$4,969,726
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$4,969,726
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	$6,395,038
Value of net income/loss	2019-12-31	$6,395,038
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$6,868,894
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$6,868,894
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$473,856
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
Investment advisory and management fees	2019-12-31	$123
Investment advisory and management fees	2019-12-31	$123
Value of interest in pooled separate accounts at end of year	2019-12-31	$1,888,719
Value of interest in pooled separate accounts at beginning of year	2019-12-31	$472,408
Interest on participant loans	2019-12-31	$87
Interest on participant loans	2019-12-31	$87
Interest earned on other investments	2019-12-31	$1,401
Value of interest in common/collective trusts at end of year	2019-12-31	$4,443,895
Value of interest in common/collective trusts at end of year	2019-12-31	$4,443,895
Net investment gain/loss from pooled separate accounts	2019-12-31	$470,330
Net investment gain/loss from pooled separate accounts	2019-12-31	$470,330
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	$301,267
Contributions received in cash from employer	2019-12-31	$301,267
Employer contributions (assets) at end of year	2019-12-31	$6,222
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$182,565
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
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	WILLIAM VAUGHAN COMPANY
Accountancy firm name	2019-12-31	WILLIAM VAUGHAN COMPANY
Accountancy firm EIN	2019-12-31	341145015
Accountancy firm EIN	2019-12-31	341145015

Form 5500 Responses for ASB SPORTS 401(K) PLAN

2023: ASB SPORTS 401(K) PLAN 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 – Insurance	Yes
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement – Insurance	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: ASB SPORTS 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2021: ASB SPORTS 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2020: ASB SPORTS 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2019: ASB SPORTS 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes

Insurance Providers Used on plan

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65675 )

Policy contract number

897774 087

Policy instance

Insurance contract or identification number	897774 087
Insurance policy start date	2023-01-01
Insurance policy end date	2023-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No

AMERITAS LIFE INSURANCE CORP. (National Association of Insurance Commissioners NAIC id number: 61301 )

Policy contract number

345831

Policy instance

Insurance contract or identification number	345831
Number of Individuals Covered	593
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Total amount of commissions paid to insurance broker	USD $40,030
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $40,030
Insurance broker organization code?	3

AMERITAS LIFE INSURANCE CORP. (National Association of Insurance Commissioners NAIC id number: 61301 )

Policy contract number

345831

Policy instance

Insurance contract or identification number	345831
Number of Individuals Covered	494
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Total amount of commissions paid to insurance broker	USD $39,084
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $39,084
Insurance broker organization code?	3

AMERITAS LIFE INSURANCE CORP. (National Association of Insurance Commissioners NAIC id number: 61301 )

Policy contract number

345831

Policy instance

Insurance contract or identification number	345831
Number of Individuals Covered	396
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $25,839
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Commission paid to Insurance Broker	USD $25,839
Insurance broker organization code?	3

AMERITAS LIFE INSURANCE CORP. (National Association of Insurance Commissioners NAIC id number: 61301 )

Policy contract number

345831

Policy instance

Insurance contract or identification number	345831
Number of Individuals Covered	361
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $2,114
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Commission paid to Insurance Broker	USD $2,114
Insurance broker organization code?	3

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

345831

Policy instance

Insurance contract or identification number	345831
Number of Individuals Covered	0
Insurance policy start date	2019-01-01
Insurance policy end date	2019-10-14
Total amount of commissions paid to insurance broker	USD $8,191
Total amount of fees paid to insurance company	USD $7,892
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Commission paid to Insurance Broker	USD $8,191
Insurance broker organization code?	3
Amount paid for insurance broker fees	7442
Additional information about fees paid to insurance broker	TPA COMPENSATION

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The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
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See full terms and conditions

Company Name:	ASB SPORTS ACQUISITION, INC.
Employer identification number (EIN):	824115588
NAIC Classification:	423910
NAIC Description:	Sporting and Recreational Goods and Supplies Merchant Wholesalers

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	2018-04-16
Company Identification Number:	0802991016
Legal Registered Office Address:	11500 TAILWINDS DR SWANTON United States of America (USA) 43558