AKAL SECURITY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan AKAL SECURITY INC WRAP HEALTH & WELFARE BENEFIT PLAN FOR KROME CONTRACT EMPLOYEES
| Measure | Date | Value |
|---|
| 2020 : AKAL SECURITY INC WRAP HEALTH & WELFARE BENEFIT PLAN FOR KROME CONTRACT EMPLOYEES 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-09-30 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-09-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-09-30 | $5,859 |
| Total income from all sources (including contributions) | 2020-09-30 | $342,017 |
| Total loss/gain on sale of assets | 2020-09-30 | $0 |
| Total of all expenses incurred | 2020-09-30 | $376,462 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-09-30 | $278,139 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-09-30 | $342,017 |
| Value of total assets at end of year | 2020-09-30 | $0 |
| Value of total assets at beginning of year | 2020-09-30 | $40,304 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-09-30 | $98,323 |
| Total interest from all sources | 2020-09-30 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-09-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-09-30 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2020-09-30 | $0 |
| Administrative expenses professional fees incurred | 2020-09-30 | $52,372 |
| Was this plan covered by a fidelity bond | 2020-09-30 | Yes |
| Value of fidelity bond cover | 2020-09-30 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-09-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-09-30 | No |
| Contributions received from participants | 2020-09-30 | $115,395 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-09-30 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-09-30 | $1,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-09-30 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-09-30 | $5,859 |
| Administrative expenses (other) incurred | 2020-09-30 | $44,642 |
| Total non interest bearing cash at end of year | 2020-09-30 | $0 |
| Total non interest bearing cash at beginning of year | 2020-09-30 | $39,304 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-09-30 | No |
| Value of net income/loss | 2020-09-30 | $-34,445 |
| Value of net assets at end of year (total assets less liabilities) | 2020-09-30 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-09-30 | $34,445 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-09-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-09-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-09-30 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-09-30 | $278,139 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-09-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-09-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-09-30 | No |
| Contributions received in cash from employer | 2020-09-30 | $226,622 |
| Contract administrator fees | 2020-09-30 | $1,309 |
| Did the plan have assets held for investment | 2020-09-30 | No |
| 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 | 2020-09-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-09-30 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2020-09-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-09-30 | Unqualified |
| Accountancy firm name | 2020-09-30 | BAUKNIGHT PIETRAS & STORMER PA |
| Accountancy firm EIN | 2020-09-30 | 570940019 |
| 2019 : AKAL SECURITY INC WRAP HEALTH & WELFARE BENEFIT PLAN FOR KROME CONTRACT EMPLOYEES 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-09-30 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-09-30 | $5,859 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-09-30 | $5,859 |
| Total income from all sources (including contributions) | 2019-09-30 | $1,593,315 |
| Total loss/gain on sale of assets | 2019-09-30 | $0 |
| Total of all expenses incurred | 2019-09-30 | $1,584,288 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-09-30 | $1,575,444 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-09-30 | $1,593,315 |
| Value of total assets at end of year | 2019-09-30 | $40,304 |
| Value of total assets at beginning of year | 2019-09-30 | $31,277 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-09-30 | $8,844 |
| Total interest from all sources | 2019-09-30 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-09-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-09-30 | No |
| Was this plan covered by a fidelity bond | 2019-09-30 | Yes |
| Value of fidelity bond cover | 2019-09-30 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-09-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-09-30 | No |
| Contributions received from participants | 2019-09-30 | $508,925 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-09-30 | $1,000 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-09-30 | $1,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-09-30 | $5,859 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-09-30 | $5,859 |
| Total non interest bearing cash at end of year | 2019-09-30 | $39,304 |
| Total non interest bearing cash at beginning of year | 2019-09-30 | $30,277 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-09-30 | No |
| Value of net income/loss | 2019-09-30 | $9,027 |
| Value of net assets at end of year (total assets less liabilities) | 2019-09-30 | $34,445 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-09-30 | $25,418 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-09-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-09-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-09-30 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-09-30 | $1,575,444 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-09-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-09-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-09-30 | No |
| Contributions received in cash from employer | 2019-09-30 | $1,084,390 |
| Contract administrator fees | 2019-09-30 | $8,844 |
| Did the plan have assets held for investment | 2019-09-30 | No |
| 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 | 2019-09-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-09-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-09-30 | Unqualified |
| Accountancy firm name | 2019-09-30 | BAUKNIGHT PIETRAS & STORMER PA |
| Accountancy firm EIN | 2019-09-30 | 570940019 |
| 2018 : AKAL SECURITY INC WRAP HEALTH & WELFARE BENEFIT PLAN FOR KROME CONTRACT EMPLOYEES 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-09-30 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-09-30 | $5,859 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-09-30 | $0 |
| Total income from all sources (including contributions) | 2018-09-30 | $1,417,008 |
| Total loss/gain on sale of assets | 2018-09-30 | $0 |
| Total of all expenses incurred | 2018-09-30 | $1,391,590 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-09-30 | $1,383,170 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-09-30 | $1,417,008 |
| Value of total assets at end of year | 2018-09-30 | $31,277 |
| Value of total assets at beginning of year | 2018-09-30 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-09-30 | $8,420 |
| Total interest from all sources | 2018-09-30 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-09-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-09-30 | No |
| Was this plan covered by a fidelity bond | 2018-09-30 | Yes |
| Value of fidelity bond cover | 2018-09-30 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-09-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2018-09-30 | No |
| Contributions received from participants | 2018-09-30 | $461,259 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-09-30 | $1,000 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-09-30 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-09-30 | $5,859 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-09-30 | $0 |
| Total non interest bearing cash at end of year | 2018-09-30 | $30,277 |
| Total non interest bearing cash at beginning of year | 2018-09-30 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-09-30 | No |
| Value of net income/loss | 2018-09-30 | $25,418 |
| Value of net assets at end of year (total assets less liabilities) | 2018-09-30 | $25,418 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-09-30 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-09-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-09-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-09-30 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-09-30 | $1,383,170 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-09-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-09-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-09-30 | No |
| Contributions received in cash from employer | 2018-09-30 | $955,749 |
| Contract administrator fees | 2018-09-30 | $8,420 |
| Did the plan have assets held for investment | 2018-09-30 | No |
| 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 | 2018-09-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-09-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2018-09-30 | Unqualified |
| Accountancy firm name | 2018-09-30 | BAUKNIGHT PIETRAS & STORMER PA |
| Accountancy firm EIN | 2018-09-30 | 570940019 |
