Civic Intelligence
Filing

The Richmark Group Inc. 401K Plan

The Richmark Group • EIN 36-3371424 • Plan year 2004

Company ProfileSource Archive
Filing Insights

Participants

Down

33 → 24

-9 • -27.27%

Assets

Down

$1,192,165 → $431,579

-$760,586 • -63.80%

Investment Management Fee

-

Admin expenses - • Total expenses $911,143

Filing Details

Context
Net investment result
$-760,586
Pension payor EIN
02-0440394

Status Flags

Fidelity bond in place

Yes

Limited-scope audit performed

Not reported

Contributions transmitted on time

Not reported

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

Not reported

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Not reported

5% transactions reported

Not reported

All plan assets distributed

No

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

Yes

Counterparties

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
200510$0$0-
The Richmark Group Inc. 401K Plan-0---
2004124$431,579$37,227$1,551iApproximate average salary by contribution assumption: employee only about $38,778 at 4% or $25,852 at 6%; with 50% employer match about $25,852 at 4% or $17,235 at 6%; with 100% employer match about $19,389 at 4% or $12,926 at 6%.
The Richmark Group Inc. 401K PlanCurrent24$431,579$37,227$1,551iApproximate average salary by contribution assumption: employee only about $38,778 at 4% or $25,852 at 6%; with 50% employer match about $25,852 at 4% or $17,235 at 6%; with 100% employer match about $19,389 at 4% or $12,926 at 6%.
2003213$1,192,165$248,194$19,092iApproximate average salary by contribution assumption: employee only about $477,296 at 4% or $318,197 at 6%; with 50% employer match about $318,197 at 4% or $212,132 at 6%; with 100% employer match about $238,648 at 4% or $159,099 at 6%.
The Richmark Group Inc. 401K Plan-13$1,192,165$248,194$19,092iApproximate average salary by contribution assumption: employee only about $477,296 at 4% or $318,197 at 6%; with 50% employer match about $318,197 at 4% or $212,132 at 6%; with 100% employer match about $238,648 at 4% or $159,099 at 6%.
Richmark Group Inc. Profit Sharing Plan-0---
2002235$1,275,118$114,645$3,276iApproximate average salary by contribution assumption: employee only about $81,889 at 4% or $54,593 at 6%; with 50% employer match about $54,593 at 4% or $36,395 at 6%; with 100% employer match about $40,945 at 4% or $27,296 at 6%.
The Richmark Group Inc. 401K Plan-35$905,798$114,645$3,276iApproximate average salary by contribution assumption: employee only about $81,889 at 4% or $54,593 at 6%; with 50% employer match about $54,593 at 4% or $36,395 at 6%; with 100% employer match about $40,945 at 4% or $27,296 at 6%.
Richmark Group Inc. Profit Sharing Plan-12$369,320--
2001221$0$0-
Richmark Group Inc. Profit Sharing Plan-18---
The Richmark Group Inc. 401K Plan-21---
2000227$1,604,009$167,341$6,198iApproximate average salary by contribution assumption: employee only about $154,945 at 4% or $103,297 at 6%; with 50% employer match about $103,297 at 4% or $68,865 at 6%; with 100% employer match about $77,473 at 4% or $51,648 at 6%.
The Richmark Group Inc. 401K Plan-27$1,127,295$106,909$3,960iApproximate average salary by contribution assumption: employee only about $98,990 at 4% or $65,993 at 6%; with 50% employer match about $65,993 at 4% or $43,995 at 6%; with 100% employer match about $49,495 at 4% or $32,997 at 6%.
Richmark Group Inc. Profit Sharing Plan-15$476,714$60,432$4,029iApproximate average salary by contribution assumption: employee only about $100,720 at 4% or $67,147 at 6%; with 50% employer match about $67,147 at 4% or $44,764 at 6%; with 100% employer match about $50,360 at 4% or $33,573 at 6%.
1999225$1,695,301$177,904$7,116iApproximate average salary by contribution assumption: employee only about $177,904 at 4% or $118,603 at 6%; with 50% employer match about $118,603 at 4% or $79,068 at 6%; with 100% employer match about $88,952 at 4% or $59,301 at 6%.
The Richmark Group Inc. 401K Plan-25$1,256,800$100,353$4,014iApproximate average salary by contribution assumption: employee only about $100,353 at 4% or $66,902 at 6%; with 50% employer match about $66,902 at 4% or $44,601 at 6%; with 100% employer match about $50,177 at 4% or $33,451 at 6%.
Richmark Group Inc. Profit Sharing Plan-17$438,501$77,551$4,562iApproximate average salary by contribution assumption: employee only about $114,046 at 4% or $76,030 at 6%; with 50% employer match about $76,030 at 4% or $50,687 at 6%; with 100% employer match about $57,023 at 4% or $38,015 at 6%.
Schedule Details

Schedule I

Schedule I Financial Statement

Small plan result

Balance sheet and activity values reported by the filer for this small-plan annual return.

End-of-year assets$431,579-$760,586 change

Balance Sheet

Beginning and end of plan year.

Total assets$1,192,165$431,579Decrease -$760,586 (-63.80%)
Total liabilities$0$0No change $0
Net assets$1,192,165$431,579Decrease -$760,586 (-63.80%)

Contributions

Employer contributions$0
Participant contributions$35,198
Other contributions$2,029

Income & Expenses

Total income$150,557
Total expenses$911,143
Net income$-760,586
Source fields
Schedule I source fields
Filing Id
84037347340275
Schedule I EIN
36-3371424
Schedule I Plan Num
001
Schedule I Plan Year Begin Date
2004-01-01
Schedule I Tax Period
20041231
Small plan total assets at beginning of year
$1,192,165
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$1,192,165
Small plan total assets at end of year
$431,579
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$431,579
Small plan employer contributions
$0
Small plan participant contributions
$35,198
Small Oth Contribution Rcvd Amount
$2,029
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$113,330
Small plan total income
$150,557
Small plan total benefit distributions
$911,143
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$0
Small plan total expenses
$911,143
Small plan net income or loss
$-760,586
Small Total Plan Transfers Amount
$0
Small Joint Venture End of year Indicator
No
Small Joint Venture End of year Amount
$0
Small Employer Prop End of year Indicator
No
Small Employer Prop End of year Amount
$0
Small Investment Real Est End of year I
2
Small Investment Real Est End of year A
0
Small Employer Sec End of year Indicator
No
Small Employer Sec End of year Amount
$0
Small Mortg Participants End of year Indicator
No
Small Mortg Participants End of year Amount
$0
Small Oth Lns Participants End of year Indicator
No
Small Oth Lns Participants End of year Amount
$0
Small Personal Prop End of year Indicator
No
Small Personal Prop End of year Amount
$0
Small Fail Xmt Ctb I
2
Small Fail Xmt Ctb A
0
Small plan participant loans in default
No
Small Loans In Default Amount
$0
Small plan leases in default
No
Small Leases In Default Amount
$0
Small Pt In Interest Not Reported I
2
Small Pt In Interest Not Reported A
0
Small plan fidelity bond in place
Yes
Small plan fidelity bond amount
$70,000
Small plan loss discovered during year
No
Small Loss Discovered Dur Year Amount
$0
Small plan assets with undetermined value
No
Small Asset Undeterm Valuation Amount
$0
Small plan non-cash contributions reported
No
Small Non Cash Contribution Amount
$0
Small 20 Percent Sngl Investment Indicator
No
Small 20 Percent Sngl Investment Amount
$0
Small plan all plan assets distributed
No
Waiver Annual Iqpa Report
1
Small plan resolution to terminate plan adopted
Yes
Small Res Terminate Plan Adpt Amount
$0

Schedule R

Schedule R Pension Information

Retirement plan characteristics

Testing, payor, opinion-letter, and transfer information reported with the filing.

Pension & Payor

Payor EIN02-0440394

Transfers

Distributed property value$0
Schedule R source fields
Payor 02-0440394
Filing Id
84037347340275
Schedule R EIN
36-3371424
Schedule R Plan number
001
Schedule R Plan Year Begin Date
2004-01-01
Schedule R Tax Period
20041231
Pension Value Dstrb Pd Property Amount
$0
Pension payor EIN
02-0440394
Pension Bnft Distribution Sngl Sum Count
0
Pension Employer Contribution Rqr Amount
$0
Pension Employer Contribution Paid Amount
$0
Pension Funding Deficiency Amount
$0