HANWHA Q CELLS USA CORP. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan HANWHA Q CELLS USA CORP. 401(K) PLAN
401k plan membership statisitcs for HANWHA Q CELLS USA CORP. 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : HANWHA Q CELLS USA CORP. 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 | $4,279,985 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $459,645 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $438,332 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $3,103,748 |
| Value of total assets at end of year | 2023-12-31 | $7,854,947 |
| Value of total assets at beginning of year | 2023-12-31 | $4,034,607 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $21,313 |
| Total interest from all sources | 2023-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $150,554 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $150,554 |
| Was this plan covered by a fidelity bond | 2023-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $1,913,591 |
| Participant contributions at end of year | 2023-12-31 | $0 |
| Participant contributions at beginning of year | 2023-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $469,522 |
| Assets. Loans (other than to participants) at end of year | 2023-12-31 | $99,453 |
| Assets. Loans (other than to participants) at beginning of year | 2023-12-31 | $19,074 |
| Total non interest bearing cash at end of year | 2023-12-31 | $39,040 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $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 | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $3,820,340 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $7,854,947 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $4,034,607 |
| 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 | $13,885 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $7,679,653 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $4,015,533 |
| Interest on participant loans | 2023-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $36,801 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $1,025,683 |
| 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 | No |
| 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 | $720,635 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $438,332 |
| Contract administrator fees | 2023-12-31 | $7,428 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2023-12-31 | Yes |
| 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 | CARON & BLETZER, PLLC |
| Accountancy firm EIN | 2023-12-31 | 043499945 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $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 | $4,279,985 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $459,645 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $438,332 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $3,103,748 |
| Value of total assets at end of year | 2023-01-01 | $7,854,947 |
| Value of total assets at beginning of year | 2023-01-01 | $4,034,607 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $21,313 |
| Total interest from all sources | 2023-01-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $150,554 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $150,554 |
| Was this plan covered by a fidelity bond | 2023-01-01 | No |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $1,913,591 |
| Participant contributions at end of year | 2023-01-01 | $0 |
| Participant contributions at beginning of year | 2023-01-01 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $469,522 |
| Assets. Loans (other than to participants) at end of year | 2023-01-01 | $99,453 |
| Assets. Loans (other than to participants) at beginning of year | 2023-01-01 | $19,074 |
| Total non interest bearing cash at end of year | 2023-01-01 | $39,040 |
| Total non interest bearing cash at beginning of year | 2023-01-01 | $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 | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $3,820,340 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $7,854,947 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $4,034,607 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $13,885 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $7,679,653 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $4,015,533 |
| Interest on participant loans | 2023-01-01 | $0 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $36,801 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $1,025,683 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $720,635 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $438,332 |
| Contract administrator fees | 2023-01-01 | $7,428 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2023-01-01 | Yes |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | CARON & BLETZER, PLLC |
| Accountancy firm EIN | 2023-01-01 | 043499945 |
| 2022 : HANWHA Q CELLS USA CORP. 401(K) PLAN 2022 401k financial data |
|---|
| Total liabilities as of the beginning of the plan year | 2022-07-29 | 0 |
| Total expenses incurred by plan in this plan year | 2022-07-29 | 576024 |
| Net assets as of the end of the plan year | 2022-07-29 | 2818062 |
| Total assets as of the beginning of the plan year | 2022-07-29 | 2288338 |
| Value of plan covered by a fidelity bond | 2022-07-29 | 500000 |
| Participant contributions to plan in this plan year | 2022-07-29 | 474583 |
| Value of participant loans at end of plan year | 2022-07-29 | 24892 |
| Other contributions to plan in this plan year | 2022-07-29 | 41273 |
| Other income to plan in this plan year | 2022-07-29 | 370909 |
| Plan net income in this plan year | 2022-07-29 | 529724 |
| Net assets as of the end of the plan year | 2022-07-29 | 2818062 |
| Net assets as of the beginning of the plan year | 2022-07-29 | 2288338 |
| Employer contributions to plan in this plan year | 2022-07-29 | 218983 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-07-29 | 10815 |
