401k Plan data: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN plan

FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	003

FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	Profit-sharing Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP. The employer maintaining this ESOP is an S Corporation Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

FOCUS HOLDINGS USA, INC. has sponsored the creation of one or more 401k plans.

Company Name: FOCUS HOLDINGS USA, INC.

Employer identification number (EIN): 832398748

NAIC Classification: 523110
NAIC Description: Investment Banking and Securities Dealing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2023-01-01
003 2022-01-01
003 2021-01-01
003 2020-01-01
003 2019-01-01
003 2018-01-01

Plan Statistics for FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2023: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 43
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 37
Number of retired or separated participants receiving benefits 2023-01-01 5
Number of other retired or separated participants entitled to future benefits 2023-01-01 6
Total of all active and inactive participants 2023-01-01 48
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 48
Number of participants with account balances 2023-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 2
2022: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 35
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 32
Number of retired or separated participants receiving benefits 2022-01-01 1
Number of other retired or separated participants entitled to future benefits 2022-01-01 5
Total of all active and inactive participants 2022-01-01 38
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 38
Number of participants with account balances 2022-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 2
2021: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 28
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 25
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 29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 29
Number of participants with account balances 2021-01-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 23
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 28
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 0
Total of all active and inactive participants 2020-01-01 28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 28
Number of participants with account balances 2020-01-01 22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 26
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 23
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 0
Total of all active and inactive participants 2019-01-01 23
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 23
Number of participants with account balances 2019-01-01 16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 26
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 26
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 26
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 26
Number of participants with account balances 2018-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0

Measure	Date	Value
2023: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	43
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	37
Number of retired or separated participants receiving benefits	2023-01-01	5
Number of other retired or separated participants entitled to future benefits	2023-01-01	6
Total of all active and inactive participants	2023-01-01	48
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	48
Number of participants with account balances	2023-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	2
2022: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	35
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	32
Number of retired or separated participants receiving benefits	2022-01-01	1
Number of other retired or separated participants entitled to future benefits	2022-01-01	5
Total of all active and inactive participants	2022-01-01	38
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	38
Number of participants with account balances	2022-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	2
2021: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	28
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	25
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	29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	29
Number of participants with account balances	2021-01-01	29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	23
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	28
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	0
Total of all active and inactive participants	2020-01-01	28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	28
Number of participants with account balances	2020-01-01	22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	26
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	23
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	0
Total of all active and inactive participants	2019-01-01	23
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	23
Number of participants with account balances	2019-01-01	16
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	26
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	26
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	26
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	26
Number of participants with account balances	2018-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0

Financial Data on FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2023 : FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data
Total plan liabilities at end of year	2023-12-31	$420,000
Total plan liabilities at beginning of year	2023-12-31	$450,000
Total income from all sources	2023-12-31	$-4,306,690
Expenses. Total of all expenses incurred	2023-12-31	$43,310
Benefits paid (including direct rollovers)	2023-12-31	$28,415
Total plan assets at end of year	2023-12-31	$3,480,000
Total plan assets at beginning of year	2023-12-31	$7,860,000
Value of fidelity bond covering the plan	2023-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2023-12-31	$14,895
Other income received	2023-12-31	$-4,380,000
Net income (gross income less expenses)	2023-12-31	$-4,350,000
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$3,060,000
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$7,410,000
Assets. Value of employer securities	2023-12-31	$3,480,000
Total contributions received or receivable from employer(s)	2023-12-31	$73,310
2022 : FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Total plan liabilities at end of year	2022-12-31	$450,000
Total plan liabilities at beginning of year	2022-12-31	$480,000
Total income from all sources	2022-12-31	$390,669
Expenses. Total of all expenses incurred	2022-12-31	$20,669
Benefits paid (including direct rollovers)	2022-12-31	$4,781
Total plan assets at end of year	2022-12-31	$7,860,000
Total plan assets at beginning of year	2022-12-31	$7,520,000
Value of fidelity bond covering the plan	2022-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2022-12-31	$15,888
Other income received	2022-12-31	$340,000
Net income (gross income less expenses)	2022-12-31	$370,000
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$7,410,000
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$7,040,000
Assets. Value of employer securities	2022-12-31	$7,860,000
Total contributions received or receivable from employer(s)	2022-12-31	$50,669
2021 : FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Total plan liabilities at end of year	2021-12-31	$480,000
Total plan liabilities at beginning of year	2021-12-31	$510,000
Total income from all sources	2021-12-31	$4,988,275
Expenses. Total of all expenses incurred	2021-12-31	$18,275
Benefits paid (including direct rollovers)	2021-12-31	$1,394
Total plan assets at end of year	2021-12-31	$7,520,000
Total plan assets at beginning of year	2021-12-31	$2,580,000
Value of fidelity bond covering the plan	2021-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2021-12-31	$16,881
Other income received	2021-12-31	$4,940,000
Net income (gross income less expenses)	2021-12-31	$4,970,000
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$7,040,000
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$2,070,000
Assets. Value of employer securities	2021-12-31	$7,520,000
Total contributions received or receivable from employer(s)	2021-12-31	$48,275
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
2020 : FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Total plan liabilities at end of year	2020-12-31	$510,000
Total plan liabilities at beginning of year	2020-12-31	$588,870
Total income from all sources	2020-12-31	$2,587,888
Expenses. Total of all expenses incurred	2020-12-31	$17,888
Benefits paid (including direct rollovers)	2020-12-31	$14
Total plan assets at end of year	2020-12-31	$2,580,000
Total plan assets at beginning of year	2020-12-31	$88,870
Value of fidelity bond covering the plan	2020-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2020-12-31	$17,874
Other income received	2020-12-31	$2,540,000
Net income (gross income less expenses)	2020-12-31	$2,570,000
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$2,070,000
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$-500,000
Assets. Value of employer securities	2020-12-31	$2,580,000
Total contributions received or receivable from employer(s)	2020-12-31	$47,888
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
2019 : FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Total plan liabilities at end of year	2019-12-31	$588,870
Total plan liabilities at beginning of year	2019-12-31	$600,000
Total income from all sources	2019-12-31	$59,469
Expenses. Total of all expenses incurred	2019-12-31	$19,469
Total plan assets at end of year	2019-12-31	$88,870
Total plan assets at beginning of year	2019-12-31	$60,000
Value of fidelity bond covering the plan	2019-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2019-12-31	$19,469
Other income received	2019-12-31	$-20,000
Net income (gross income less expenses)	2019-12-31	$40,000
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$-500,000
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$-540,000
Assets. Value of employer securities	2019-12-31	$40,000
Total contributions received or receivable from employer(s)	2019-12-31	$79,469
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
2018 : FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Total plan liabilities at end of year	2018-12-31	$600,000
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$0
Expenses. Total of all expenses incurred	2018-12-31	$540,000
Total plan assets at end of year	2018-12-31	$60,000
Total plan assets at beginning of year	2018-12-31	$0
Value of fidelity bond covering the plan	2018-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2018-12-31	$540,000
Net income (gross income less expenses)	2018-12-31	$-540,000
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$-540,000
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$0
Total contributions received or receivable from employer(s)	2018-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0

Form 5500 Responses for FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN

2023: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP 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 – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP 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 – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP 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 – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: FOCUS HOLDINGS USA, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	First time form 5500 has been submitted	Yes
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FOCUS HOLDINGS USA, INC.
Employer identification number (EIN):	832398748
NAIC Classification:	523110
NAIC Description:	Investment Banking and Securities Dealing