Logo

401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan Name401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 001

401(K) PROFIT SHARING PLAN & TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • 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

INNOVATIVE TECHNOLOGIES AEG INC has sponsored the creation of one or more 401k plans.

Company Name:INNOVATIVE TECHNOLOGIES AEG INC
Employer identification number (EIN):201015668
NAIC Classification:333900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012011-01-01YUMET DE LA TORRE
0012010-01-01INNOVATIVE TECHNOLOGIES AEG IN2011-07-21

Plan Statistics for 401(K) PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2011: 401(K) PROFIT SHARING PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-014
Total number of active participants reported on line 7a of the Form 55002011-01-010
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-010
Number of participants with account balances2011-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010

Financial Data on 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2011 : 401(K) PROFIT SHARING PLAN & TRUST 2011 401k financial data
Transfers to/from the plan2011-09-08$0
Total plan liabilities at end of year2011-09-08$0
Total plan liabilities at beginning of year2011-09-08$0
Total income from all sources2011-09-08$2,880
Expenses. Total of all expenses incurred2011-09-08$7,355
Benefits paid (including direct rollovers)2011-09-08$7,290
Total plan assets at end of year2011-09-08$0
Total plan assets at beginning of year2011-09-08$4,475
Value of fidelity bond covering the plan2011-09-08$20,000
Total contributions received or receivable from participants2011-09-08$2,491
Contributions received from other sources (not participants or employers)2011-09-08$0
Other income received2011-09-08$389
Net income (gross income less expenses)2011-09-08$-4,475
Net plan assets at end of year (total assets less liabilities)2011-09-08$0
Net plan assets at beginning of year (total assets less liabilities)2011-09-08$4,475
Total contributions received or receivable from employer(s)2011-09-08$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-09-08$65
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-09-08$0
Funding deficiency by the employer to the plan for this plan year2011-09-08$0
Minimum employer required contribution for this plan year2011-09-08$0
Amount contributed by the employer to the plan for this plan year2011-09-08$0

Form 5500 Responses for 401(K) PROFIT SHARING PLAN & TRUST

2011: 401(K) PROFIT SHARING PLAN & TRUST 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingYes
2011-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes

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