APTERA MOTORS CORP has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan APTERA MOTORS CORP 401(K) PLAN
| Measure | Date | Value |
|---|
| 2025 : APTERA MOTORS CORP 401(K) PLAN 2025 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2025-03-13 | 0 |
| Total liabilities as of the end of the plan year | 2025-03-13 | 0 |
| Total liabilities as of the beginning of the plan year | 2025-03-13 | 0 |
| Total expenses incurred by plan in this plan year | 2025-03-13 | 150998 |
| Net assets as of the end of the plan year | 2025-03-13 | 1920628 |
| Total assets as of the beginning of the plan year | 2025-03-13 | 1464025 |
| Value of plan covered by a fidelity bond | 2025-03-13 | 385000 |
| Participant contributions to plan in this plan year | 2025-03-13 | 236724 |
| Value of participant loans at end of plan year | 2025-03-13 | 18154 |
| Other expenses paid from plan in this plan year | 2025-03-13 | 0 |
| Other contributions to plan in this plan year | 2025-03-13 | 170162 |
| Other income to plan in this plan year | 2025-03-13 | 183881 |
| Plan net income in this plan year | 2025-03-13 | 456603 |
| Net assets as of the end of the plan year | 2025-03-13 | 1920628 |
| Net assets as of the beginning of the plan year | 2025-03-13 | 1464025 |
| Employer contributions to plan in this plan year | 2025-03-13 | 16834 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-03-13 | 17634 |
| 2024 : APTERA MOTORS CORP 401(K) PLAN 2024 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2024-05-10 | 0 |
| Total liabilities as of the end of the plan year | 2024-05-10 | 0 |
| Total liabilities as of the beginning of the plan year | 2024-05-10 | 0 |
| Total expenses incurred by plan in this plan year | 2024-05-10 | 481506 |
| Net assets as of the end of the plan year | 2024-05-10 | 1464025 |
| Total assets as of the beginning of the plan year | 2024-05-10 | 1109490 |
| Participant contributions to plan in this plan year | 2024-05-10 | 377980 |
| Value of participant loans at end of plan year | 2024-05-10 | 667 |
| Other expenses paid from plan in this plan year | 2024-05-10 | 0 |
| Other contributions to plan in this plan year | 2024-05-10 | 122803 |
| Other income to plan in this plan year | 2024-05-10 | 185294 |
| Plan net income in this plan year | 2024-05-10 | 354535 |
| Net assets as of the end of the plan year | 2024-05-10 | 1464025 |
| Net assets as of the beginning of the plan year | 2024-05-10 | 1109490 |
| Employer contributions to plan in this plan year | 2024-05-10 | 149964 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-05-10 | 14272 |
| 2022 : APTERA MOTORS CORP 401(K) PLAN 2022 401k financial data |
|---|
| Transfers to/from the plan | 2022-12-31 | $566,752 |
| Total plan liabilities at end of year | 2022-12-31 | $0 |
| Total plan liabilities at beginning of year | 2022-12-31 | $0 |
| Total income from all sources | 2022-12-31 | $558,582 |
| Expenses. Total of all expenses incurred | 2022-12-31 | $15,844 |
| Benefits paid (including direct rollovers) | 2022-12-31 | $11,359 |
| Total plan assets at end of year | 2022-12-31 | $1,109,490 |
| Total plan assets at beginning of year | 2022-12-31 | $0 |
| Value of fidelity bond covering the plan | 2022-12-31 | $0 |
| Total contributions received or receivable from participants | 2022-12-31 | $260,864 |
| Expenses. Other expenses not covered elsewhere | 2022-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2022-12-31 | $197,063 |
| Other income received | 2022-12-31 | $-2,723 |
| Noncash contributions received | 2022-12-31 | $0 |
| Net income (gross income less expenses) | 2022-12-31 | $542,738 |
| Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $1,109,490 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $0 |
| Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year | 2022-12-31 | $0 |
| Value of leases to which the plan was a party in default or classified as uncollectible during the plan year | 2022-12-31 | $0 |
| Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102 | 2022-12-31 | $0 |
| Total contributions received or receivable from employer(s) | 2022-12-31 | $103,378 |
| Value of certain deemed distributions of participant loans | 2022-12-31 | $0 |
| Value of corrective distributions | 2022-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2022-12-31 | $4,485 |
