Logo

THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

THE ART SOURCE, INC. 401(K) 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

THE ART SOURCE, INC. has sponsored the creation of one or more 401k plans.

Company Name:THE ART SOURCE, INC.
Employer identification number (EIN):990280665
NAIC Classification:453990

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01LON MIYAGUCHI
0012016-01-01LON MIYAGUCHI
0012015-01-01LON MIYAGUCHI
0012014-01-01LON MIYAGUCHI2015-09-11
0012013-01-01LON MIYAGUCHI2014-07-14
0012012-01-01LON M. MIYAGUCHI2013-07-01 LON M. MIYAGUCHI2013-07-01
0012011-01-01LON M. MIYAGUCHI2012-10-01
0012010-01-01LON M. MIYAGUCHI2011-06-06

Plan Statistics for THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2022: THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01507
Total number of active participants reported on line 7a of the Form 55002022-01-01130
Number of retired or separated participants receiving benefits2022-01-012
Number of other retired or separated participants entitled to future benefits2022-01-01326
Total of all active and inactive participants2022-01-01458
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-012
Total participants2022-01-01460
Number of participants with account balances2022-01-01413
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01504
Total number of active participants reported on line 7a of the Form 55002021-01-01151
Number of retired or separated participants receiving benefits2021-01-012
Number of other retired or separated participants entitled to future benefits2021-01-01351
Total of all active and inactive participants2021-01-01504
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01504
Number of participants with account balances2021-01-01441
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01480
Total number of active participants reported on line 7a of the Form 55002020-01-01154
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-01347
Total of all active and inactive participants2020-01-01501
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01501
Number of participants with account balances2020-01-01452
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01494
Total number of active participants reported on line 7a of the Form 55002019-01-01167
Number of retired or separated participants receiving benefits2019-01-012
Number of other retired or separated participants entitled to future benefits2019-01-01308
Total of all active and inactive participants2019-01-01477
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01477
Number of participants with account balances2019-01-01440
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01469
Total number of active participants reported on line 7a of the Form 55002018-01-01209
Number of retired or separated participants receiving benefits2018-01-012
Number of other retired or separated participants entitled to future benefits2018-01-01279
Total of all active and inactive participants2018-01-01490
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01490
Number of participants with account balances2018-01-01408
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01372
Total number of active participants reported on line 7a of the Form 55002017-01-01232
Number of retired or separated participants receiving benefits2017-01-012
Number of other retired or separated participants entitled to future benefits2017-01-01233
Total of all active and inactive participants2017-01-01467
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01467
Number of participants with account balances2017-01-01393
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01381
Total number of active participants reported on line 7a of the Form 55002016-01-01151
Number of retired or separated participants receiving benefits2016-01-012
Number of other retired or separated participants entitled to future benefits2016-01-01217
Total of all active and inactive participants2016-01-01370
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01370
Number of participants with account balances2016-01-01370
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01132
Total number of active participants reported on line 7a of the Form 55002015-01-01191
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-01190
Total of all active and inactive participants2015-01-01381
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01381
Number of participants with account balances2015-01-01354
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010

Financial Data on THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2022 : THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total income from all sources (including contributions)2022-12-31$-532,537
Total of all expenses incurred2022-12-31$562,730
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$518,279
Expenses. Certain deemed distributions of participant loans2022-12-31$9
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$268,064
Value of total assets at end of year2022-12-31$4,081,777
Value of total assets at beginning of year2022-12-31$5,177,044
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$44,442
Total interest from all sources2022-12-31$7,142
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Administrative expenses professional fees incurred2022-12-31$13,089
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$400,000
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$268,064
Participant contributions at end of year2022-12-31$111,137
Participant contributions at beginning of year2022-12-31$83,451
Participant contributions at end of year2022-12-31$8,180
Participant contributions at beginning of year2022-12-31$6,261
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$154
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$14
Administrative expenses (other) incurred2022-12-31$31,353
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-1,095,267
Value of net assets at end of year (total assets less liabilities)2022-12-31$4,081,777
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$5,177,044
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 pooled separate accounts at end of year2022-12-31$3,763,144
Value of interest in pooled separate accounts at beginning of year2022-12-31$4,909,805
Interest on participant loans2022-12-31$4,294
Interest earned on other investments2022-12-31$2,848
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$199,162
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$177,513
Net investment gain/loss from pooled separate accounts2022-12-31$-807,743
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 contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$518,279
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31No
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 name2022-12-31KKDLY LLC
Accountancy firm EIN2022-12-31990292355
2021 : THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$1,041,731
Total of all expenses incurred2021-12-31$814,061
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$759,620
Expenses. Certain deemed distributions of participant loans2021-12-31$11,292
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$237,755
Value of total assets at end of year2021-12-31$5,177,044
Value of total assets at beginning of year2021-12-31$4,949,374
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$43,149
Total interest from all sources2021-12-31$6,533
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Administrative expenses professional fees incurred2021-12-31$13,089
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$400,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$237,755
Participant contributions at end of year2021-12-31$83,451
Participant contributions at beginning of year2021-12-31$89,946
Participant contributions at end of year2021-12-31$6,261
Participant contributions at beginning of year2021-12-31$2,609
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$14
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$1,763
Administrative expenses (other) incurred2021-12-31$30,060
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$227,670
Value of net assets at end of year (total assets less liabilities)2021-12-31$5,177,044
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$4,949,374
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in pooled separate accounts at end of year2021-12-31$4,909,805
Value of interest in pooled separate accounts at beginning of year2021-12-31$4,643,576
Interest on participant loans2021-12-31$3,230
Interest earned on other investments2021-12-31$3,303
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$177,513
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$211,480
Net investment gain/loss from pooled separate accounts2021-12-31$797,443
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$759,620
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-12-31No
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31KKDLY LLC
Accountancy firm EIN2021-12-31990292355
2020 : THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$775,025
Total of all expenses incurred2020-12-31$301,320
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$268,984
Expenses. Certain deemed distributions of participant loans2020-12-31$4,110
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$157,271
Value of total assets at end of year2020-12-31$4,949,374
Value of total assets at beginning of year2020-12-31$4,475,669
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$28,226
Total interest from all sources2020-12-31$19,600
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$400,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$157,271
Participant contributions at end of year2020-12-31$89,946
Participant contributions at beginning of year2020-12-31$111,035
Participant contributions at end of year2020-12-31$2,609
Participant contributions at beginning of year2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$1,763
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$215
Administrative expenses (other) incurred2020-12-31$28,226
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$473,705
Value of net assets at end of year (total assets less liabilities)2020-12-31$4,949,374
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$4,475,669
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in pooled separate accounts at end of year2020-12-31$4,643,576
Value of interest in pooled separate accounts at beginning of year2020-12-31$4,268,324
Interest on participant loans2020-12-31$16,376
Interest earned on other investments2020-12-31$3,224
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$211,480
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$96,095
Net investment gain/loss from pooled separate accounts2020-12-31$598,154
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$268,984
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31No
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31KKDLY LLC
Accountancy firm EIN2020-12-31990292355
2019 : THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources (including contributions)2019-12-31$1,162,024
Total of all expenses incurred2019-12-31$401,877
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$331,369
Expenses. Certain deemed distributions of participant loans2019-12-31$17,439
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$350,479
Value of total assets at end of year2019-12-31$4,475,669
Value of total assets at beginning of year2019-12-31$3,715,522
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$53,069
Total interest from all sources2019-12-31$7,968
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Administrative expenses professional fees incurred2019-12-31$25,654
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$350,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$287,386
Participant contributions at end of year2019-12-31$111,035
Participant contributions at beginning of year2019-12-31$80,376
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$63,093
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$215
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$286
Administrative expenses (other) incurred2019-12-31$27,415
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$760,147
Value of net assets at end of year (total assets less liabilities)2019-12-31$4,475,669
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$3,715,522
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in pooled separate accounts at end of year2019-12-31$4,268,324
Value of interest in pooled separate accounts at beginning of year2019-12-31$3,541,827
Interest on participant loans2019-12-31$6,453
Interest earned on other investments2019-12-31$1,515
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$96,095
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$93,033
Net investment gain/loss from pooled separate accounts2019-12-31$803,577
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$331,369
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31KKDLY LLC
Accountancy firm EIN2019-12-31990292355
2018 : THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources (including contributions)2018-12-31$74,247
Total of all expenses incurred2018-12-31$883,472
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$843,909
Expenses. Certain deemed distributions of participant loans2018-12-31$13
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$306,325
Value of total assets at end of year2018-12-31$3,715,522
Value of total assets at beginning of year2018-12-31$4,524,747
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$39,550
Total interest from all sources2018-12-31$7,601
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Administrative expenses professional fees incurred2018-12-31$12,565
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$400,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$306,325
Participant contributions at end of year2018-12-31$80,376
Participant contributions at beginning of year2018-12-31$105,095
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$286
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$0
Administrative expenses (other) incurred2018-12-31$26,985
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-809,225
Value of net assets at end of year (total assets less liabilities)2018-12-31$3,715,522
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$4,524,747
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in pooled separate accounts at end of year2018-12-31$3,541,827
Value of interest in pooled separate accounts at beginning of year2018-12-31$4,039,202
Interest on participant loans2018-12-31$4,692
Interest earned on other investments2018-12-31$2,909
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$93,033
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$380,450
Net investment gain/loss from pooled separate accounts2018-12-31$-239,679
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$843,909
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31KKDLY LLC
Accountancy firm EIN2018-12-31990292355
2017 : THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources (including contributions)2017-12-31$892,598
Total of all expenses incurred2017-12-31$659,866
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$630,093
Expenses. Certain deemed distributions of participant loans2017-12-31$2,883
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$303,557
Value of total assets at end of year2017-12-31$4,524,747
Value of total assets at beginning of year2017-12-31$4,292,015
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$26,890
Total interest from all sources2017-12-31$11,593
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$350,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$303,557
Participant contributions at end of year2017-12-31$105,095
Participant contributions at beginning of year2017-12-31$177,707
Administrative expenses (other) incurred2017-12-31$26,890
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$232,732
Value of net assets at end of year (total assets less liabilities)2017-12-31$4,524,747
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$4,292,015
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in pooled separate accounts at end of year2017-12-31$4,039,202
Value of interest in pooled separate accounts at beginning of year2017-12-31$3,612,475
Interest on participant loans2017-12-31$6,443
Interest earned on other investments2017-12-31$5,150
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$380,450
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$501,833
Net investment gain/loss from pooled separate accounts2017-12-31$577,448
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$630,093
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31No
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31KKDLY LLC
Accountancy firm EIN2017-12-31990292355
2016 : THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources (including contributions)2016-12-31$615,943
Total of all expenses incurred2016-12-31$135,962
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$89,456
Expenses. Certain deemed distributions of participant loans2016-12-31$938
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$288,574
Value of total assets at end of year2016-12-31$4,292,015
Value of total assets at beginning of year2016-12-31$3,812,034
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$45,568
Total interest from all sources2016-12-31$14,201
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$100,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$288,574
Participant contributions at end of year2016-12-31$177,707
Participant contributions at beginning of year2016-12-31$175,117
Administrative expenses (other) incurred2016-12-31$45,568
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$479,981
Value of net assets at end of year (total assets less liabilities)2016-12-31$4,292,015
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$3,812,034
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in pooled separate accounts at end of year2016-12-31$3,612,475
Value of interest in pooled separate accounts at beginning of year2016-12-31$3,188,973
Interest on participant loans2016-12-31$8,285
Interest earned on other investments2016-12-31$5,916
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$501,833
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$447,944
Net investment gain/loss from pooled separate accounts2016-12-31$313,168
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$89,456
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31No
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31KKDLY LLC
Accountancy firm EIN2016-12-31990292355
2015 : THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total transfer of assets to this plan2015-12-31$1,113,627
Total income from all sources (including contributions)2015-12-31$212,050
Total of all expenses incurred2015-12-31$125,345
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$84,772
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$280,421
Value of total assets at end of year2015-12-31$3,812,034
Value of total assets at beginning of year2015-12-31$2,611,702
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$40,573
Total interest from all sources2015-12-31$6,109
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$100,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$280,262
Participant contributions at end of year2015-12-31$175,117
Participant contributions at beginning of year2015-12-31$77,817
Other income not declared elsewhere2015-12-31$5,409
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$86,705
Value of net assets at end of year (total assets less liabilities)2015-12-31$3,812,034
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$2,611,702
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in pooled separate accounts at end of year2015-12-31$3,188,973
Value of interest in pooled separate accounts at beginning of year2015-12-31$2,200,607
Interest earned on other investments2015-12-31$6,109
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$447,944
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$333,278
Net investment gain/loss from pooled separate accounts2015-12-31$-79,889
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$159
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$84,772
Contract administrator fees2015-12-31$40,573
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31KKDLY LLC
Accountancy firm EIN2015-12-31990292355

Form 5500 Responses for THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN

2022: THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedYes
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: THE ART SOURCE, INC. 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number997434
Policy instance 1
Insurance contract or identification number997434
Number of Individuals Covered413
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $10,810
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
Commission paid to Insurance BrokerUSD $10,810
Insurance broker organization code?3
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number997434
Policy instance 1
Insurance contract or identification number997434
Number of Individuals Covered441
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $12,439
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
Commission paid to Insurance BrokerUSD $12,439
Insurance broker organization code?3
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number997434
Policy instance 1
Insurance contract or identification number997434
Number of Individuals Covered452
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $10,660
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
Commission paid to Insurance BrokerUSD $10,660
Insurance broker organization code?3
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number997434
Policy instance 1
Insurance contract or identification number997434
Number of Individuals Covered440
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $9,994
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
Commission paid to Insurance BrokerUSD $9,994
Insurance broker organization code?3
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number997434
Policy instance 1
Insurance contract or identification number997434
Number of Individuals Covered408
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $10,540
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
Commission paid to Insurance BrokerUSD $10,540
Insurance broker organization code?3
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number997434
Policy instance 1
Insurance contract or identification number997434
Number of Individuals Covered393
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $10,842
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
Commission paid to Insurance BrokerUSD $10,842
Insurance broker organization code?3
Insurance broker nameRONALD D CRAIG
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number997434
Policy instance 1
Insurance contract or identification number997434
Number of Individuals Covered354
Total amount of commissions paid to insurance brokerUSD $8,211
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
Commission paid to Insurance BrokerUSD $8,211
Insurance broker nameRONALD D CRAIG

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1