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ADVANCED ENGINEERING SYSTEMS, INC. 401(K) PLAN 401k Plan overview

Plan NameADVANCED ENGINEERING SYSTEMS, INC. 401(K) PLAN
Plan identification number 001

ADVANCED ENGINEERING SYSTEMS, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ADVANCED ENGINEERING SYSTEMS, INC. has sponsored the creation of one or more 401k plans.

Company Name:ADVANCED ENGINEERING SYSTEMS, INC.
Employer identification number (EIN):412075045
NAIC Classification:541330
NAIC Description:Engineering Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ADVANCED ENGINEERING SYSTEMS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01VISHAL KHANNA2017-05-19
0012015-01-01VISHAL KHANNA2016-06-02
0012014-01-01VISHAL KHANNA2015-05-15
0012013-01-01VISHAL KHANNA2014-07-08
0012012-01-01ANGIE POWELL2013-06-13 VISHAL KHANNA2013-06-13
0012011-01-01ANGIE POWELL2012-05-30 VISHAL KHANNA2012-05-30
0012010-01-01ANGIE POWELL VISHAL KHANNA2011-07-26
0012009-01-01VISHAL KHANNA

Plan Statistics for ADVANCED ENGINEERING SYSTEMS, INC. 401(K) PLAN

401k plan membership statisitcs for ADVANCED ENGINEERING SYSTEMS, INC. 401(K) PLAN

Measure Date Value
2010: ADVANCED ENGINEERING SYSTEMS, INC. 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-010
Total number of active participants reported on line 7a of the Form 55002010-01-0117
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-010
Total of all active and inactive participants2010-01-0117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0117
Number of participants with account balances2010-01-0117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: ADVANCED ENGINEERING SYSTEMS, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0111
Total number of active participants reported on line 7a of the Form 55002009-01-0112
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0112
Number of participants with account balances2009-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on ADVANCED ENGINEERING SYSTEMS, INC. 401(K) PLAN

Measure Date Value
2010 : ADVANCED ENGINEERING SYSTEMS, INC. 401(K) PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total income from all sources2010-12-31$166,382
Expenses. Total of all expenses incurred2010-12-31$419
Benefits paid (including direct rollovers)2010-12-31$0
Total plan assets at end of year2010-12-31$445,815
Total plan assets at beginning of year2010-12-31$279,852
Value of fidelity bond covering the plan2010-12-31$40,000
Total contributions received or receivable from participants2010-12-31$65,107
Expenses. Other expenses not covered elsewhere2010-12-31$419
Contributions received from other sources (not participants or employers)2010-12-31$213
Other income received2010-12-31$39,379
Net income (gross income less expenses)2010-12-31$165,963
Net plan assets at end of year (total assets less liabilities)2010-12-31$445,815
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$279,852
Total contributions received or receivable from employer(s)2010-12-31$61,683
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0

Form 5500 Responses for ADVANCED ENGINEERING SYSTEMS, INC. 401(K) PLAN

2010: ADVANCED ENGINEERING SYSTEMS, INC. 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2009: ADVANCED ENGINEERING SYSTEMS, INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-805181
Policy instance 1
Insurance contract or identification numberGA-805181
Number of Individuals Covered17
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $2,066
Total amount of fees paid to insurance companyUSD $0
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 $1,804
Insurance broker organization code?3
Insurance broker nameAMERITAS INVESTMENT CORP

Potentially related plans

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