401k Plan data: TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN plan

TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	001

TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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.
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

TEAM TECHNOLOGIES, INC. has sponsored the creation of one or more 401k plans.

Company Name: TEAM TECHNOLOGIES, INC.

Employer identification number (EIN): 850483220

NAIC Classification: 541700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 ROBERT SACHS 2023-10-06 ROBERT SACHS 2023-10-06
001 2021-01-01 ROBERT B SACHS 2022-09-29 ROBERT B SACHS 2022-09-29
001 2020-01-01 ROBERT SACHS 2021-10-13 ROBERT SACHS 2021-10-13
001 2019-01-01 ROBERT SACHS 2020-10-12 ROBERT SACHS 2020-10-12
001 2018-01-01 ROBERT SACHS 2019-10-07 ROBERT SACHS 2019-10-07
001 2017-01-01 ROBERT SACHS 2019-06-25 ROBERT SACHS 2019-06-25
001 2016-01-01 RAUL SCHELLER
001 2015-01-01 RAUL SCHELLER 2016-10-17
001 2014-01-01 DONNA GOBER DONNA GOBER 2015-10-12
001 2013-01-01 DONNA GOBER DONNA GOBER 2014-09-26
001 2012-01-01 DONNA GOBER DONNA GOBER 2013-10-03
001 2011-01-01 DONNA GOBER 2012-05-08
001 2010-01-01 DONNA GOBER 2011-07-05

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	ROBERT SACHS	2023-10-06	ROBERT SACHS	2023-10-06
001	2021-01-01	ROBERT B SACHS	2022-09-29	ROBERT B SACHS	2022-09-29
001	2020-01-01	ROBERT SACHS	2021-10-13	ROBERT SACHS	2021-10-13
001	2019-01-01	ROBERT SACHS	2020-10-12	ROBERT SACHS	2020-10-12
001	2018-01-01	ROBERT SACHS	2019-10-07	ROBERT SACHS	2019-10-07
001	2017-01-01	ROBERT SACHS	2019-06-25	ROBERT SACHS	2019-06-25
001	2016-01-01	RAUL SCHELLER
001	2015-01-01	RAUL SCHELLER	2016-10-17
001	2014-01-01	DONNA GOBER		DONNA GOBER	2015-10-12
001	2013-01-01	DONNA GOBER		DONNA GOBER	2014-09-26
001	2012-01-01	DONNA GOBER		DONNA GOBER	2013-10-03
001	2011-01-01	DONNA GOBER	2012-05-08
001	2010-01-01	DONNA GOBER	2011-07-05

Plan Statistics for TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2016: TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 0
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 35
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 20
Total of all active and inactive participants 2016-01-01 55
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 55
Number of participants with account balances 2016-01-01 39
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2014: TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 92
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 53
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 26
Total of all active and inactive participants 2014-01-01 79
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 79
Number of participants with account balances 2014-01-01 76
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 72
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 72
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 19
Total of all active and inactive participants 2013-01-01 91
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 91
Number of participants with account balances 2013-01-01 55
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 77
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 43
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 26
Total of all active and inactive participants 2012-01-01 69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 69
Number of participants with account balances 2012-01-01 48
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0

Measure	Date	Value
2016: TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	0
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	35
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	20
Total of all active and inactive participants	2016-01-01	55
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	55
Number of participants with account balances	2016-01-01	39
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2014: TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	92
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	53
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	26
Total of all active and inactive participants	2014-01-01	79
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	79
Number of participants with account balances	2014-01-01	76
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	72
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	72
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	19
Total of all active and inactive participants	2013-01-01	91
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	91
Number of participants with account balances	2013-01-01	55
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	77
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	43
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	26
Total of all active and inactive participants	2012-01-01	69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	69
Number of participants with account balances	2012-01-01	48
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0

Financial Data on TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2016 : TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2016 401k financial data
Transfers to/from the plan	2016-12-31	$0
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$-1,054,345
Expenses. Total of all expenses incurred	2016-12-31	$47,237
Benefits paid (including direct rollovers)	2016-12-31	$46,449
Total plan assets at end of year	2016-12-31	$1,018,913
Total plan assets at beginning of year	2016-12-31	$2,120,495
Value of fidelity bond covering the plan	2016-12-31	$0
Total contributions received or receivable from participants	2016-12-31	$35,615
Expenses. Other expenses not covered elsewhere	2016-12-31	$0
Contributions received from other sources (not participants or employers)	2016-12-31	$0
Other income received	2016-12-31	$-1,089,960
Net income (gross income less expenses)	2016-12-31	$-1,101,582
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$1,018,913
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$2,120,495
Assets. Value of participant loans	2016-12-31	$33,149
Total contributions received or receivable from employer(s)	2016-12-31	$0
Value of certain deemed distributions of participant loans	2016-12-31	$0
Value of corrective distributions	2016-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$788
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2016-12-31	$0
Minimum employer required contribution for this plan year	2016-12-31	$0
Amount contributed by the employer to the plan for this plan year	2016-12-31	$0
2014 : TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total plan liabilities at end of year	2014-12-31	$1,947
Total plan liabilities at beginning of year	2014-12-31	$17,476
Total income from all sources	2014-12-31	$527,316
Expenses. Total of all expenses incurred	2014-12-31	$17,713
Benefits paid (including direct rollovers)	2014-12-31	$9,950
Total plan assets at end of year	2014-12-31	$2,561,422
Total plan assets at beginning of year	2014-12-31	$2,067,348
Value of fidelity bond covering the plan	2014-12-31	$1,000,000
Total contributions received or receivable from participants	2014-12-31	$113,919
Expenses. Other expenses not covered elsewhere	2014-12-31	$0
Contributions received from other sources (not participants or employers)	2014-12-31	$0
Other income received	2014-12-31	$335,614
Net income (gross income less expenses)	2014-12-31	$509,603
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$2,559,475
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$2,049,872
Assets. Value of participant loans	2014-12-31	$41,857
Assets. Value of employer securities	2014-12-31	$1,029,077
Total contributions received or receivable from employer(s)	2014-12-31	$77,783
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$7,763
2013 : TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total plan liabilities at end of year	2013-12-31	$17,476
Total plan liabilities at beginning of year	2013-12-31	$11,362
Total income from all sources	2013-12-31	$821,526
Expenses. Total of all expenses incurred	2013-12-31	$56,705
Benefits paid (including direct rollovers)	2013-12-31	$32,672
Total plan assets at end of year	2013-12-31	$2,067,348
Total plan assets at beginning of year	2013-12-31	$1,296,413
Value of fidelity bond covering the plan	2013-12-31	$1,000,000
Total contributions received or receivable from participants	2013-12-31	$92,767
Other income received	2013-12-31	$728,759
Net income (gross income less expenses)	2013-12-31	$764,821
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$2,049,872
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$1,285,051
Assets. Value of participant loans	2013-12-31	$51,734
Assets. Value of employer securities	2013-12-31	$758,258
Value of corrective distributions	2013-12-31	$17,476
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$6,557
2012 : TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total plan liabilities at end of year	2012-12-31	$11,362
Total income from all sources	2012-12-31	$248,679
Expenses. Total of all expenses incurred	2012-12-31	$255,152
Benefits paid (including direct rollovers)	2012-12-31	$236,212
Total plan assets at end of year	2012-12-31	$1,296,413
Total plan assets at beginning of year	2012-12-31	$1,291,524
Value of fidelity bond covering the plan	2012-12-31	$1,000,000
Total contributions received or receivable from participants	2012-12-31	$88,277
Other income received	2012-12-31	$146,450
Net income (gross income less expenses)	2012-12-31	$-6,473
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$1,285,051
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$1,291,524
Assets. Value of participant loans	2012-12-31	$71,925
Assets. Value of employer securities	2012-12-31	$200,006
Total contributions received or receivable from employer(s)	2012-12-31	$13,952
Value of corrective distributions	2012-12-31	$11,362
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$7,578

Form 5500 Responses for TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN

2016: TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2014: TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
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: TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 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
2012: TEAM TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	TEAM TECHNOLOGIES, INC.
Employer identification number (EIN):	850483220
NAIC Classification:	541700