401k Plan data: TAIT 401(K) PLAN plan

TAIT 401(K) PLAN 401k Plan overview

Plan Name	TAIT 401(K) PLAN
Plan identification number	001

TAIT 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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

TAIT, LLC has sponsored the creation of one or more 401k plans.

Company Name: TAIT, LLC

Employer identification number (EIN): 834051704

NAIC Classification: 488990

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TAIT 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 2020-01-01
001 2019-01-01

Plan Statistics for TAIT 401(K) PLAN

401k plan membership statisitcs for TAIT 401(K) PLAN

Measure Date Value
2023: TAIT 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 1,146
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 934
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 297
Total of all active and inactive participants 2023-01-01 1,231
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 1,231
Number of participants with account balances 2023-01-01 1,231
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 27
2022: TAIT 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 688
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 814
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 332
Total of all active and inactive participants 2022-01-01 1,146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 1,146
Number of participants with account balances 2022-01-01 1,146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 16
2021: TAIT 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 617
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 494
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 194
Total of all active and inactive participants 2021-01-01 688
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 688
Number of participants with account balances 2021-01-01 688
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 16
2020: TAIT 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 658
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 413
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 204
Total of all active and inactive participants 2020-01-01 617
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 617
Number of participants with account balances 2020-01-01 597
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 30
2019: TAIT 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 600
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 495
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 154
Total of all active and inactive participants 2019-01-01 649
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 649
Number of participants with account balances 2019-01-01 629
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 9

Measure	Date	Value
2023: TAIT 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	1,146
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	934
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	297
Total of all active and inactive participants	2023-01-01	1,231
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	1,231
Number of participants with account balances	2023-01-01	1,231
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	27
2022: TAIT 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	688
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	814
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	332
Total of all active and inactive participants	2022-01-01	1,146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	1,146
Number of participants with account balances	2022-01-01	1,146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	16
2021: TAIT 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	617
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	494
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	194
Total of all active and inactive participants	2021-01-01	688
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	688
Number of participants with account balances	2021-01-01	688
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	16
2020: TAIT 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	658
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	413
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	204
Total of all active and inactive participants	2020-01-01	617
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	617
Number of participants with account balances	2020-01-01	597
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	30
2019: TAIT 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	600
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	495
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	154
Total of all active and inactive participants	2019-01-01	649
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	649
Number of participants with account balances	2019-01-01	629
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	9

Financial Data on TAIT 401(K) PLAN

Measure	Date	Value
2023 : TAIT 401(K) PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets	2023-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
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	$18,451,679
Total loss/gain on sale of assets	2023-12-31	$0
Total of all expenses incurred	2023-12-31	$2,705,381
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$2,586,820
Expenses. Certain deemed distributions of participant loans	2023-12-31	$15,821
Value of total corrective distributions	2023-12-31	$1,478
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$9,693,318
Value of total assets at end of year	2023-12-31	$58,826,117
Value of total assets at beginning of year	2023-12-31	$43,079,819
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$101,262
Total interest from all sources	2023-12-31	$96,976
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$795,067
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	$795,067
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$5,000,000
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	$6,591,879
Participant contributions at end of year	2023-12-31	$198,374
Participant contributions at beginning of year	2023-12-31	$84,859
Participant contributions at end of year	2023-12-31	$188,518
Assets. Other investments not covered elsewhere at end of year	2023-12-31	$372,913
Assets. Other investments not covered elsewhere at beginning of year	2023-12-31	$291,956
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$843,916
Other income not declared elsewhere	2023-12-31	$121,089
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	$15,746,298
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$58,826,117
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$43,079,819
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
Investment advisory and management fees	2023-12-31	$30,946
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$52,324,973
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$37,675,416
Interest on participant loans	2023-12-31	$8,527
Interest earned on other investments	2023-12-31	$88,449
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2023-12-31	$5,667,653
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2023-12-31	$5,027,588
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$7,745,229
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	$2,257,523
Employer contributions (assets) at end of year	2023-12-31	$73,686
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$2,586,820
Contract administrator fees	2023-12-31	$70,316
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	RKL LLP
Accountancy firm EIN	2023-12-31	232108173
2022 : TAIT 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total transfer of assets to this plan	2022-12-31	$9,766,170
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	$-656,561
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$1,989,259
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$1,893,609
Value of total corrective distributions	2022-12-31	$745
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$6,378,172
Value of total assets at end of year	2022-12-31	$43,079,819
Value of total assets at beginning of year	2022-12-31	$35,959,469
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$94,905
Total interest from all sources	2022-12-31	$55,568
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$481,193
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	$481,193
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$5,000,000
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	$4,343,267
Participant contributions at end of year	2022-12-31	$84,859
Participant contributions at beginning of year	2022-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2022-12-31	$291,956
Assets. Other investments not covered elsewhere at beginning of year	2022-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$450,793
Other income not declared elsewhere	2022-12-31	$-82,716
Administrative expenses (other) incurred	2022-12-31	$75
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	$-2,645,820
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$43,079,819
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$35,959,469
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	$39,374
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$37,675,416
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$33,282,629
Interest on participant loans	2022-12-31	$2,254
Interest earned on other investments	2022-12-31	$51,707
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$1,607
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$5,027,588
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$2,676,840
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-7,488,778
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	$1,584,112
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$1,893,609
Contract administrator fees	2022-12-31	$55,456
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	RKL LLP
Accountancy firm EIN	2022-12-31	232108173
2021 : TAIT 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	$7,971,293
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$2,752,966
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$2,669,265
Value of total corrective distributions	2021-12-31	$680
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$3,522,716
Value of total assets at end of year	2021-12-31	$35,959,469
Value of total assets at beginning of year	2021-12-31	$30,741,142
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$83,021
Total interest from all sources	2021-12-31	$30,511
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$391,623
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	$391,623
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$5,000,000
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	$2,402,266
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$538,711
Other income not declared elsewhere	2021-12-31	$-51
Administrative expenses (other) incurred	2021-12-31	$83,021
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	$5,218,327
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$35,959,469
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$30,741,142
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$33,282,629
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$28,513,041
Interest earned on other investments	2021-12-31	$30,511
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$2,676,840
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$2,228,101
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$4,026,494
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	$581,739
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$2,669,265
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	TROUT CPA
Accountancy firm EIN	2021-12-31	231551315
2020 : TAIT 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
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	$6,981,451
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$5,349,648
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$5,252,275
Expenses. Certain deemed distributions of participant loans	2020-12-31	$1
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$2,149,271
Value of total assets at end of year	2020-12-31	$30,741,142
Value of total assets at beginning of year	2020-12-31	$29,109,339
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$97,372
Total interest from all sources	2020-12-31	$34,661
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$349,812
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$349,812
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$1,643,988
Participant contributions at end of year	2020-12-31	$0
Participant contributions at beginning of year	2020-12-31	$304
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$242,146
Other income not declared elsewhere	2020-12-31	$1,370
Administrative expenses (other) incurred	2020-12-31	$97,372
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	$1,631,803
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$30,741,142
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$29,109,339
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$28,513,041
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$26,239,021
Interest on participant loans	2020-12-31	$4
Interest earned on other investments	2020-12-31	$34,657
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$2,228,101
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$2,870,014
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$4,446,337
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	$263,137
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$5,252,275
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	Unqualified
Accountancy firm name	2020-12-31	TROUT CPA
Accountancy firm EIN	2020-12-31	231551315
2019 : TAIT 401(K) PLAN 2019 401k financial data
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 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	$9,235,280
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$3,540,483
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$3,496,944
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$3,904,004
Value of total assets at end of year	2019-12-31	$29,109,339
Value of total assets at beginning of year	2019-12-31	$23,414,542
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$43,539
Total interest from all sources	2019-12-31	$51,558
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$371,394
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$371,394
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
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
Contributions received from participants	2019-12-31	$2,600,544
Participant contributions at end of year	2019-12-31	$304
Participant contributions at beginning of year	2019-12-31	$1,349
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$307,413
Other income not declared elsewhere	2019-12-31	$-685
Administrative expenses (other) incurred	2019-12-31	$43,539
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	$5,694,797
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$29,109,339
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$23,414,542
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 leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$26,239,021
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$20,232,831
Interest on participant loans	2019-12-31	$47
Interest earned on other investments	2019-12-31	$51,511
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$2,870,014
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$3,180,362
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$4,909,009
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
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	$996,047
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$3,496,944
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
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
Accountancy firm name	2019-12-31	TROUT CPA
Accountancy firm EIN	2019-12-31	231551315

Form 5500 Responses for TAIT 401(K) PLAN

2023: TAIT 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: TAIT 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 funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: TAIT 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 funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: TAIT 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 funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: TAIT 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 funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )

Policy contract number

074387

Policy instance

Insurance contract or identification number	074387
Number of Individuals Covered	1231
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?	Yes
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

PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )

Policy contract number

074387

Policy instance

Insurance contract or identification number	074387
Number of Individuals Covered	1146
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
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?	Yes
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

PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )

Policy contract number

074387

Policy instance

Insurance contract or identification number	074387
Number of Individuals Covered	688
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
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?	Yes
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

PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )

Policy contract number

074387

Policy instance

Insurance contract or identification number	074387
Number of Individuals Covered	617
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
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?	Yes
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

PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )

Policy contract number

074387

Policy instance

Insurance contract or identification number	074387
Number of Individuals Covered	649
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
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?	Yes
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

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Company Name:	TAIT, LLC
Employer identification number (EIN):	834051704
NAIC Classification:	488990