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THE ARDAN COMMUNITY OF COMPANIES 401K AND PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE ARDAN COMMUNITY OF COMPANIES 401K AND PROFIT SHARING PLAN
Plan identification number 001

THE ARDAN COMMUNITY OF COMPANIES 401K AND PROFIT SHARING PLAN Benefits

401k Plan TypeDefined 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.

401k Sponsoring company profile

ARDAN, INC. has sponsored the creation of one or more 401k plans.

Company Name:ARDAN, INC.
Employer identification number (EIN):874345870
NAIC Classification:524150

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE ARDAN COMMUNITY OF COMPANIES 401K AND PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01BRIAN ZOLLWEG
0012023-01-01
0012023-01-01BRIAN ZOLLWEG
0012022-01-01
0012022-01-01BRIAN ZOLLWEG

Financial Data on THE ARDAN COMMUNITY OF COMPANIES 401K AND PROFIT SHARING PLAN

Measure Date Value
2023 : THE ARDAN COMMUNITY OF COMPANIES 401K AND PROFIT SHARING PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-12-31$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$10,120,869
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$2,432,379
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$2,280,180
Value of total corrective distributions2023-12-31$32,677
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$5,272,360
Value of total assets at end of year2023-12-31$35,641,985
Value of total assets at beginning of year2023-12-31$27,953,495
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$119,522
Total interest from all sources2023-12-31$63,996
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$628,391
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2023-12-31$628,391
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$1,000,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$3,717,389
Participant contributions at end of year2023-12-31$615,751
Participant contributions at beginning of year2023-12-31$486,447
Income. Received or receivable in cash from other sources (including rollovers)2023-12-31$1,062,660
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$7,688,490
Value of net assets at end of year (total assets less liabilities)2023-12-31$35,641,985
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$27,953,495
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$33,112,518
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$25,891,090
Interest on participant loans2023-12-31$33,238
Interest earned on other investments2023-12-31$30,758
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-12-31$1,913,716
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-12-31$1,575,958
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$4,156,122
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$492,311
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$2,280,180
Contract administrator fees2023-12-31$119,522
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31CARON & BLETZER, PLLC
Accountancy firm EIN2023-12-31043499945
Total unrealized appreciation/depreciation of assets2023-01-01$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-01-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-01-01$0
Total income from all sources (including contributions)2023-01-01$10,120,869
Total loss/gain on sale of assets2023-01-01$0
Total of all expenses incurred2023-01-01$2,432,379
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-01-01$2,280,180
Value of total corrective distributions2023-01-01$32,677
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-01-01$5,272,360
Value of total assets at end of year2023-01-01$35,641,985
Value of total assets at beginning of year2023-01-01$27,953,495
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-01-01$119,522
Total interest from all sources2023-01-01$63,996
Total dividends received (eg from common stock, registered investment company shares)2023-01-01$628,391
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-01-01No
Total dividends received from registered investment company shares (eg mutual funds)2023-01-01$628,391
Was this plan covered by a fidelity bond2023-01-01Yes
Value of fidelity bond cover2023-01-01$1,000,000
If this is an individual account plan, was there a blackout period2023-01-01No
Were there any nonexempt tranactions with any party-in-interest2023-01-01No
Contributions received from participants2023-01-01$3,717,389
Participant contributions at end of year2023-01-01$615,751
Participant contributions at beginning of year2023-01-01$486,447
Income. Received or receivable in cash from other sources (including rollovers)2023-01-01$1,062,660
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Value of net income/loss2023-01-01$7,688,490
Value of net assets at end of year (total assets less liabilities)2023-01-01$35,641,985
Value of net assets at beginning of year (total assets less liabilities)2023-01-01$27,953,495
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2023-01-01No
Were any leases to which the plan was party in default or uncollectible2023-01-01No
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-01-01$33,112,518
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-01-01$25,891,090
Interest on participant loans2023-01-01$33,238
Interest earned on other investments2023-01-01$30,758
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-01-01$1,913,716
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-01-01$1,575,958
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-01-01$4,156,122
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-01-01No
Was there a failure to transmit to the plan any participant contributions2023-01-01No
Has the plan failed to provide any benefit when due under the plan2023-01-01No
Contributions received in cash from employer2023-01-01$492,311
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-01-01$2,280,180
Contract administrator fees2023-01-01$119,522
Did the plan have assets held for investment2023-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-01-01No
Opinion of an independent qualified public accountant for this plan2023-01-011
Accountancy firm name2023-01-01CARON & BLETZER, PLLC
Accountancy firm EIN2023-01-01043499945
2022 : THE ARDAN COMMUNITY OF COMPANIES 401K AND PROFIT SHARING PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
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$0
Total income from all sources (including contributions)2022-12-31$-43,162
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$1,636,045
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,518,900
Value of total corrective distributions2022-12-31$2,626
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$4,804,596
Value of total assets at end of year2022-12-31$27,953,495
Value of total assets at beginning of year2022-12-31$29,632,702
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$114,519
Total interest from all sources2022-12-31$37,880
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$449,429
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$449,429
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$3,367,712
Participant contributions at end of year2022-12-31$486,447
Participant contributions at beginning of year2022-12-31$206,145
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$981,764
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-1,679,207
Value of net assets at end of year (total assets less liabilities)2022-12-31$27,953,495
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$29,632,702
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$25,891,090
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$28,361,336
Interest on participant loans2022-12-31$16,926
Interest earned on other investments2022-12-31$20,954
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$1,575,958
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$1,065,221
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-5,335,067
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$455,120
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,518,900
Contract administrator fees2022-12-31$114,519
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31ERNST & YOUNG LLP
Accountancy firm EIN2022-12-31346565596
Total unrealized appreciation/depreciation of assets2022-01-01$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total income from all sources (including contributions)2022-01-01$-43,162
Total loss/gain on sale of assets2022-01-01$0
Total of all expenses incurred2022-01-01$1,636,045
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$1,518,900
Value of total corrective distributions2022-01-01$2,626
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$4,804,596
Value of total assets at end of year2022-01-01$27,953,495
Value of total assets at beginning of year2022-01-01$29,632,702
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$114,519
Total interest from all sources2022-01-01$37,880
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$449,429
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Total dividends received from registered investment company shares (eg mutual funds)2022-01-01$449,429
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$1,000,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$3,367,712
Participant contributions at end of year2022-01-01$486,447
Participant contributions at beginning of year2022-01-01$206,145
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$981,764
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$-1,679,207
Value of net assets at end of year (total assets less liabilities)2022-01-01$27,953,495
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$29,632,702
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-01-01$25,891,090
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-01-01$28,361,336
Interest on participant loans2022-01-01$16,926
Interest earned on other investments2022-01-01$20,954
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-01-01$1,575,958
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-01-01$1,065,221
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-01-01$-5,335,067
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$455,120
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$1,518,900
Contract administrator fees2022-01-01$114,519
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01ERNST & YOUNG LLP
Accountancy firm EIN2022-01-01346565596

Form 5500 Responses for THE ARDAN COMMUNITY OF COMPANIES 401K AND PROFIT SHARING PLAN

2023: THE ARDAN COMMUNITY OF COMPANIES 401K AND PROFIT SHARING PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement – InsuranceYes
2023-01-01Plan benefit arrangement - TrustYes
2022: THE ARDAN COMMUNITY OF COMPANIES 401K AND PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedYes
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered542
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1

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