BROTHERS NATIONAL, LLC has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2022 : BROTHERS NATIONAL 401(K) PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total transfer of assets to this plan | 2022-12-31 | $4,740,508 |
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 | $918,960 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $955,003 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $928,559 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,482,224 |
Value of total assets at end of year | 2022-12-31 | $8,747,935 |
Value of total assets at beginning of year | 2022-12-31 | $4,043,470 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $26,444 |
Total interest from all sources | 2022-12-31 | $8,061 |
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 |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $8,176 |
Administrative expenses professional fees incurred | 2022-12-31 | $2,625 |
Was this plan covered by a fidelity bond | 2022-12-31 | No |
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 | $789,680 |
Participant contributions at end of year | 2022-12-31 | $261,369 |
Participant contributions at beginning of year | 2022-12-31 | $71,636 |
Participant contributions at end of year | 2022-12-31 | $56,331 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $311,388 |
Total non interest bearing cash at end of year | 2022-12-31 | $13,065 |
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 | $-36,043 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $8,747,935 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $4,043,470 |
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 | $17,340 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $2,099,314 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $8,486,566 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $0 |
Interest on participant loans | 2022-12-31 | $8,061 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $1,872,520 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-571,325 |
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 | $381,156 |
Employer contributions (assets) at end of year | 2022-12-31 | $113,082 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $928,559 |
Contract administrator fees | 2022-12-31 | $26,444 |
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 | SPENCER HINTZE |
Accountancy firm EIN | 2022-12-31 | 870403149 |