401k Plan data: CONTRACTORS AND EMPLOYEES RETIREMENT PLAN AND TRUST plan

CONTRACTORS AND EMPLOYEES RETIREMENT PLAN AND TRUST 401k Plan overview

Plan Name	CONTRACTORS AND EMPLOYEES RETIREMENT PLAN AND TRUST
Plan identification number	003

CONTRACTORS AND EMPLOYEES RETIREMENT PLAN AND TRUST Benefits

401k Plan Type

Defined 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).
Money purchase (other than target benefit)
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.
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

INTELECT CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: INTELECT CORPORATION

Employer identification number (EIN): 522031682

NAIC Classification: 541512
NAIC Description: Computer Systems Design Services

Additional information about INTELECT CORPORATION

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 2504499

More information about INTELECT CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CONTRACTORS AND EMPLOYEES RETIREMENT PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2023-01-01 MAGAN SUREJA 2024-07-30 MAGAN SUREJA 2024-07-30
003 2022-01-01 MAGAN SUREJA 2023-05-03 MAGAN SUREJA 2023-05-03
003 2021-01-01 MAGAN SUREJA 2022-05-11 MAGAN SUREJA 2022-05-11
003 2020-01-01 MAGAN SUREJA 2021-09-07 MAGAN SUREJA 2021-09-07
003 2019-01-01 MAGAN SUREJA 2020-10-06 MAGAN SUREJA 2020-10-06
003 2018-01-01 MAGAN SUREJA 2019-08-27 MAGAN SUREJA 2019-08-27
003 2017-01-01 NIMIT PATEL 2018-06-19 NIMIT PATEL 2018-06-19
003 2016-01-01 NIMIT PATEL 2017-07-21 NIMIT PATEL 2017-07-21
003 2015-01-01 NIMIT PATEL 2016-07-29 NIMIT PATEL 2016-07-29
003 2014-01-01 NIMIT PATEL NIMIT PATEL 2015-10-27
003 2014-01-01 NIMIT PATEL NIMIT PATEL 2015-10-14
003 2013-01-01 GEORGE ZUREK GEORGE ZUREK 2014-10-15
003 2012-01-01 ROHIT PATEL 2013-07-31
003 2011-01-01 ROHIT PATEL 2012-07-25
003 2010-01-01 ROHIT H. PATEL 2011-10-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
003	2023-01-01	MAGAN SUREJA	2024-07-30	MAGAN SUREJA	2024-07-30
003	2022-01-01	MAGAN SUREJA	2023-05-03	MAGAN SUREJA	2023-05-03
003	2021-01-01	MAGAN SUREJA	2022-05-11	MAGAN SUREJA	2022-05-11
003	2020-01-01	MAGAN SUREJA	2021-09-07	MAGAN SUREJA	2021-09-07
003	2019-01-01	MAGAN SUREJA	2020-10-06	MAGAN SUREJA	2020-10-06
003	2018-01-01	MAGAN SUREJA	2019-08-27	MAGAN SUREJA	2019-08-27
003	2017-01-01	NIMIT PATEL	2018-06-19	NIMIT PATEL	2018-06-19
003	2016-01-01	NIMIT PATEL	2017-07-21	NIMIT PATEL	2017-07-21
003	2015-01-01	NIMIT PATEL	2016-07-29	NIMIT PATEL	2016-07-29
003	2014-01-01	NIMIT PATEL		NIMIT PATEL	2015-10-27
003	2014-01-01	NIMIT PATEL		NIMIT PATEL	2015-10-14
003	2013-01-01	GEORGE ZUREK		GEORGE ZUREK	2014-10-15
003	2012-01-01	ROHIT PATEL	2013-07-31
003	2011-01-01	ROHIT PATEL	2012-07-25
003	2010-01-01	ROHIT H. PATEL	2011-10-14

Plan Statistics for CONTRACTORS AND EMPLOYEES RETIREMENT PLAN AND TRUST

401k plan membership statisitcs for CONTRACTORS AND EMPLOYEES RETIREMENT PLAN AND TRUST

Measure Date Value
2014: CONTRACTORS AND EMPLOYEES RETIREMENT PLAN AND TRUST 2014 401k membership
Total participants, beginning-of-year 2014-01-01 123
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 65
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 27
Total of all active and inactive participants 2014-01-01 92
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 92
Number of participants with account balances 2014-01-01 92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: CONTRACTORS AND EMPLOYEES RETIREMENT PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year 2013-01-01 161
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 101
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 22
Total of all active and inactive participants 2013-01-01 123
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 123
Number of participants with account balances 2013-01-01 123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0

Measure	Date	Value
2014: CONTRACTORS AND EMPLOYEES RETIREMENT PLAN AND TRUST 2014 401k membership
Total participants, beginning-of-year	2014-01-01	123
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	65
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	27
Total of all active and inactive participants	2014-01-01	92
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	92
Number of participants with account balances	2014-01-01	92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: CONTRACTORS AND EMPLOYEES RETIREMENT PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year	2013-01-01	161
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	101
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	22
Total of all active and inactive participants	2013-01-01	123
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	123
Number of participants with account balances	2013-01-01	123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0

Financial Data on CONTRACTORS AND EMPLOYEES RETIREMENT PLAN AND TRUST

Measure	Date	Value
2014 : CONTRACTORS AND EMPLOYEES RETIREMENT PLAN AND TRUST 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$60,188
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$252,210
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$240,298
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$60,622
Value of total assets at end of year	2014-12-31	$339,159
Value of total assets at beginning of year	2014-12-31	$531,181
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$11,912
Total interest from all sources	2014-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Administrative expenses professional fees incurred	2014-12-31	$11,912
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$100,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2014-12-31	$0
Minimum employer required contribution for this plan year	2014-12-31	$60,622
Amount contributed by the employer to the plan for this plan year	2014-12-31	$60,622
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$-192,022
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$339,159
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$531,181
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Assets. Value of investments in 103.12 investment entities at end of year	2014-12-31	$339,159
Assets. Value of investments in 103.12 investment entities at beginning of year	2014-12-31	$531,181
Net gain/loss from 103.12 investment entities	2014-12-31	$-434
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$60,622
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$240,298
Did the plan have assets held for investment	2014-12-31	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	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	No
Opinion of an independent qualified public accountant for this plan	2014-12-31	Unqualified
Accountancy firm name	2014-12-31	ERICKSON, DEMEL & CO., PLLC
Accountancy firm EIN	2014-12-31	464064364
2013 : CONTRACTORS AND EMPLOYEES RETIREMENT PLAN AND TRUST 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$263,406
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$284,163
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$284,163
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$185,023
Value of total assets at end of year	2013-12-31	$531,181
Value of total assets at beginning of year	2013-12-31	$551,938
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$0
Total interest from all sources	2013-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$100,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2013-12-31	$0
Minimum employer required contribution for this plan year	2013-12-31	$185,023
Amount contributed by the employer to the plan for this plan year	2013-12-31	$185,023
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$-20,757
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$531,181
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$551,938
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Assets. Value of investments in 103.12 investment entities at end of year	2013-12-31	$531,181
Assets. Value of investments in 103.12 investment entities at beginning of year	2013-12-31	$551,938
Net gain/loss from 103.12 investment entities	2013-12-31	$78,383
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$185,023
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$284,163
Did the plan have assets held for investment	2013-12-31	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	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	No
Opinion of an independent qualified public accountant for this plan	2013-12-31	Unqualified
Accountancy firm name	2013-12-31	ERICKSON, DEMEL, & CO., PLLC
Accountancy firm EIN	2013-12-31	464064364

Form 5500 Responses for CONTRACTORS AND EMPLOYEES RETIREMENT PLAN AND TRUST

2014: CONTRACTORS AND EMPLOYEES RETIREMENT PLAN AND TRUST 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	Yes
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: CONTRACTORS AND EMPLOYEES RETIREMENT PLAN AND TRUST 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	INTELECT CORPORATION
Employer identification number (EIN):	522031682
NAIC Classification:	541512
NAIC Description:	Computer Systems Design Services

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	2504499