VIRTUSA CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan VIRTUSA CORPORATION 401(K) PLAN
Measure | Date | Value |
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2023 : VIRTUSA CORPORATION 401(K) PLAN 2023 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
Total income from all sources (including contributions) | 2023-12-31 | $44,527,920 |
Total loss/gain on sale of assets | 2023-12-31 | $0 |
Total of all expenses incurred | 2023-12-31 | $12,619,406 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $12,404,188 |
Value of total corrective distributions | 2023-12-31 | $625 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $22,073,653 |
Value of total assets at end of year | 2023-12-31 | $138,862,973 |
Value of total assets at beginning of year | 2023-12-31 | $106,954,459 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $214,593 |
Total interest from all sources | 2023-12-31 | $70,707 |
Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $2,088,346 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $2,088,346 |
Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
Value of fidelity bond cover | 2023-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
Contributions received from participants | 2023-12-31 | $16,836,718 |
Participant contributions at end of year | 2023-12-31 | $1,157,534 |
Participant contributions at beginning of year | 2023-12-31 | $1,070,589 |
Participant contributions at end of year | 2023-12-31 | $0 |
Participant contributions at beginning of year | 2023-12-31 | $673,883 |
Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $805,783 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
Value of net income/loss | 2023-12-31 | $31,908,514 |
Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $138,862,973 |
Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $106,954,459 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
Investment advisory and management fees | 2023-12-31 | $39,998 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $128,790,275 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $96,986,758 |
Interest on participant loans | 2023-12-31 | $70,707 |
Income. Interest from loans (other than to participants) | 2023-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2023-12-31 | $8,884,434 |
Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $7,992,030 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $16,665 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $9,172 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $9,172 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $20,058,384 |
Net investment gain or loss from common/collective trusts | 2023-12-31 | $236,830 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
Contributions received in cash from employer | 2023-12-31 | $4,431,152 |
Employer contributions (assets) at end of year | 2023-12-31 | $14,065 |
Employer contributions (assets) at beginning of year | 2023-12-31 | $222,027 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $12,404,188 |
Contract administrator fees | 2023-12-31 | $174,595 |
Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
Accountancy firm name | 2023-12-31 | MATTHEW J. BERNIER CPA, LLC |
Accountancy firm EIN | 2023-12-31 | 824748087 |
2022 : VIRTUSA CORPORATION 401(K) PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-177,495 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $11,049,544 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $10,832,063 |
Value of total corrective distributions | 2022-12-31 | $21,306 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $20,608,676 |
Value of total assets at end of year | 2022-12-31 | $106,954,459 |
Value of total assets at beginning of year | 2022-12-31 | $118,181,498 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $196,175 |
Total interest from all sources | 2022-12-31 | $31,921 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $1,623,544 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $1,623,544 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $15,771,420 |
Participant contributions at end of year | 2022-12-31 | $1,070,589 |
Participant contributions at beginning of year | 2022-12-31 | $1,026,379 |
Participant contributions at end of year | 2022-12-31 | $673,883 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $715,763 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-11,227,039 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $106,954,459 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $118,181,498 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Investment advisory and management fees | 2022-12-31 | $40,000 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $96,986,758 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $110,386,437 |
Interest on participant loans | 2022-12-31 | $31,921 |
Income. Interest from loans (other than to participants) | 2022-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $7,992,030 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $6,768,682 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $9,172 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-22,626,840 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $185,204 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $4,121,493 |
Employer contributions (assets) at end of year | 2022-12-31 | $222,027 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $10,832,063 |
Contract administrator fees | 2022-12-31 | $156,175 |
Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | MATTHEW J. BERNIER CPA, LLC |
Accountancy firm EIN | 2022-12-31 | 824748087 |
2021 : VIRTUSA CORPORATION 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $38,541,318 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $15,928,439 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $15,741,063 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $21,525,018 |
Value of total assets at end of year | 2021-12-31 | $118,181,498 |
Value of total assets at beginning of year | 2021-12-31 | $95,568,619 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $187,376 |
Total interest from all sources | 2021-12-31 | $48,955 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $1,302,677 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $1,302,677 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $15,824,695 |
Participant contributions at end of year | 2021-12-31 | $1,026,379 |
Participant contributions at beginning of year | 2021-12-31 | $1,174,306 |
Participant contributions at end of year | 2021-12-31 | $0 |
Participant contributions at beginning of year | 2021-12-31 | $572,218 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $895,015 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $22,612,879 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $118,181,498 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $95,568,619 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $40,000 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $110,386,437 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $84,071,492 |
Interest on participant loans | 2021-12-31 | $48,955 |
Income. Interest from loans (other than to participants) | 2021-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $6,768,682 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $9,551,678 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $15,499,524 |
Net investment gain or loss from common/collective trusts | 2021-12-31 | $165,144 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $4,805,308 |
Employer contributions (assets) at end of year | 2021-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $198,925 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $15,741,063 |
Contract administrator fees | 2021-12-31 | $147,376 |
Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | MATTHEW J. BERNIER CPA, LLC |
Accountancy firm EIN | 2021-12-31 | 824748087 |
2020 : VIRTUSA CORPORATION 401(K) PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total transfer of assets to this plan | 2020-12-31 | $16,475,354 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $32,492,130 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $14,257,074 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $14,107,547 |
Value of total corrective distributions | 2020-12-31 | $1,286 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $18,621,968 |
Value of total assets at end of year | 2020-12-31 | $95,568,619 |
Value of total assets at beginning of year | 2020-12-31 | $60,858,209 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $148,241 |
Total interest from all sources | 2020-12-31 | $45,401 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $1,035,967 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $1,035,967 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $13,555,127 |
Participant contributions at end of year | 2020-12-31 | $1,174,306 |
Participant contributions at beginning of year | 2020-12-31 | $896,095 |
Participant contributions at end of year | 2020-12-31 | $572,218 |
Participant contributions at beginning of year | 2020-12-31 | $307,028 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $947,140 |
Administrative expenses (other) incurred | 2020-12-31 | $50 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $18,235,056 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $95,568,619 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $60,858,209 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Investment advisory and management fees | 2020-12-31 | $27,434 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $84,071,492 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $52,214,892 |
Interest on participant loans | 2020-12-31 | $45,375 |
Income. Interest from loans (other than to participants) | 2020-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $9,551,678 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $7,337,280 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $6,500 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $6,500 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $26 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $12,592,716 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $196,078 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $4,119,701 |
Employer contributions (assets) at end of year | 2020-12-31 | $198,925 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $96,414 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $14,107,547 |
Contract administrator fees | 2020-12-31 | $120,757 |
Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | RSM US LLP |
Accountancy firm EIN | 2020-12-31 | 420714325 |
2019 : VIRTUSA CORPORATION 401(K) PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $22,173,329 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $7,027,871 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $6,903,598 |
Value of total corrective distributions | 2019-12-31 | $4,521 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $11,271,101 |
Value of total assets at end of year | 2019-12-31 | $60,858,209 |
Value of total assets at beginning of year | 2019-12-31 | $45,712,751 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $119,752 |
Total interest from all sources | 2019-12-31 | $35,079 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $1,887,408 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $1,887,408 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $8,499,934 |
Participant contributions at end of year | 2019-12-31 | $896,095 |
Participant contributions at beginning of year | 2019-12-31 | $789,243 |
Participant contributions at end of year | 2019-12-31 | $307,028 |
Participant contributions at beginning of year | 2019-12-31 | $415,179 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $572,270 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $15,145,458 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $60,858,209 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $45,712,751 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $40,000 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $52,214,892 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $44,398,283 |
Interest on participant loans | 2019-12-31 | $35,079 |
Income. Interest from loans (other than to participants) | 2019-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $7,337,280 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $6,500 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $8,955,120 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $24,621 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $2,198,897 |
Employer contributions (assets) at end of year | 2019-12-31 | $96,414 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $110,046 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $6,903,598 |
Contract administrator fees | 2019-12-31 | $79,752 |
Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | RSM US LLP |
Accountancy firm EIN | 2019-12-31 | 420714325 |
2018 : VIRTUSA CORPORATION 401(K) PLAN 2018 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $7,506,517 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $5,285,836 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $5,145,581 |
Value of total corrective distributions | 2018-12-31 | $1,542 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $10,128,954 |
Value of total assets at end of year | 2018-12-31 | $45,712,751 |
Value of total assets at beginning of year | 2018-12-31 | $43,492,070 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $138,713 |
Total interest from all sources | 2018-12-31 | $28,789 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $764,637 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $764,637 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $7,723,280 |
Participant contributions at end of year | 2018-12-31 | $789,243 |
Participant contributions at beginning of year | 2018-12-31 | $776,966 |
Participant contributions at end of year | 2018-12-31 | $415,179 |
Participant contributions at beginning of year | 2018-12-31 | $333,461 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $688,084 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $2,220,681 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $45,712,751 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $43,492,070 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Investment advisory and management fees | 2018-12-31 | $51,127 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $44,398,283 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $42,278,598 |
Interest on participant loans | 2018-12-31 | $28,789 |
Income. Interest from loans (other than to participants) | 2018-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $13,187 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $13,187 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-3,415,863 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $1,717,590 |
Employer contributions (assets) at end of year | 2018-12-31 | $110,046 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $89,858 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $5,145,581 |
Contract administrator fees | 2018-12-31 | $87,586 |
Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | RSM US LLP |
Accountancy firm EIN | 2018-12-31 | 420714325 |
2017 : VIRTUSA CORPORATION 401(K) PLAN 2017 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $4,656 |
Total income from all sources (including contributions) | 2017-12-31 | $14,723,215 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $5,133,017 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $4,993,447 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $8,230,764 |
Value of total assets at end of year | 2017-12-31 | $43,492,070 |
Value of total assets at beginning of year | 2017-12-31 | $33,906,528 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $139,570 |
Total interest from all sources | 2017-12-31 | $21,876 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $529,424 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $529,424 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $6,379,331 |
Participant contributions at end of year | 2017-12-31 | $776,966 |
Participant contributions at beginning of year | 2017-12-31 | $571,021 |
Participant contributions at end of year | 2017-12-31 | $333,461 |
Participant contributions at beginning of year | 2017-12-31 | $271,272 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $525,510 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $9,590,198 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $43,492,070 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $33,901,872 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Investment advisory and management fees | 2017-12-31 | $73,094 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $42,278,598 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $32,985,241 |
Interest on participant loans | 2017-12-31 | $21,876 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $13,187 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $5,941,151 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $1,325,923 |
Employer contributions (assets) at end of year | 2017-12-31 | $89,858 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $78,994 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $4,993,447 |
Contract administrator fees | 2017-12-31 | $66,476 |
Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $4,656 |
Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | RSM US LLP |
Accountancy firm EIN | 2017-12-31 | 420714325 |
2016 : VIRTUSA CORPORATION 401(K) PLAN 2016 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $4,656 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $22,134 |
Total income from all sources (including contributions) | 2016-12-31 | $10,208,005 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $3,182,927 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $3,061,104 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $7,769,657 |
Value of total assets at end of year | 2016-12-31 | $33,906,528 |
Value of total assets at beginning of year | 2016-12-31 | $26,898,928 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $121,823 |
Total interest from all sources | 2016-12-31 | $17,308 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $429,024 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $429,024 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $5,799,246 |
Participant contributions at end of year | 2016-12-31 | $571,021 |
Participant contributions at beginning of year | 2016-12-31 | $473,195 |
Participant contributions at end of year | 2016-12-31 | $271,272 |
Participant contributions at beginning of year | 2016-12-31 | $282,369 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $649,983 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $7,025,078 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $33,901,872 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $26,876,794 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Investment advisory and management fees | 2016-12-31 | $63,774 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $32,985,241 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $26,067,201 |
Interest on participant loans | 2016-12-31 | $17,308 |
Income. Interest from loans (other than to participants) | 2016-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $11,918 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $11,918 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $1,992,016 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $1,320,428 |
Employer contributions (assets) at end of year | 2016-12-31 | $78,994 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $64,245 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $3,061,104 |
Contract administrator fees | 2016-12-31 | $58,049 |
Liabilities. Value of benefit claims payable at end of year | 2016-12-31 | $4,656 |
Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $22,134 |
Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | RSM US LLP |
Accountancy firm EIN | 2016-12-31 | 420714325 |
2015 : VIRTUSA CORPORATION 401(K) PLAN 2015 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $22,134 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total income from all sources (including contributions) | 2015-12-31 | $7,058,775 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $2,518,251 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $2,392,593 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $7,267,751 |
Value of total assets at end of year | 2015-12-31 | $26,898,928 |
Value of total assets at beginning of year | 2015-12-31 | $22,336,270 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $125,658 |
Total interest from all sources | 2015-12-31 | $11,103 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $315,708 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $315,708 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $4,765,316 |
Participant contributions at end of year | 2015-12-31 | $473,195 |
Participant contributions at beginning of year | 2015-12-31 | $248,918 |
Participant contributions at end of year | 2015-12-31 | $282,369 |
Participant contributions at beginning of year | 2015-12-31 | $184,334 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $1,658,030 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $4,540,524 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $26,876,794 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $22,336,270 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Investment advisory and management fees | 2015-12-31 | $57,962 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $26,067,201 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $21,853,969 |
Interest on participant loans | 2015-12-31 | $11,103 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $11,918 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-535,787 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $844,405 |
Employer contributions (assets) at end of year | 2015-12-31 | $64,245 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $49,049 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $2,392,593 |
Contract administrator fees | 2015-12-31 | $67,696 |
Liabilities. Value of benefit claims payable at end of year | 2015-12-31 | $22,134 |
Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | RSM US LLP |
Accountancy firm EIN | 2015-12-31 | 420714325 |
2014 : VIRTUSA CORPORATION 401(K) PLAN 2014 401k financial data |
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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 | $6,488,848 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $2,106,857 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $2,026,632 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $5,609,626 |
Value of total assets at end of year | 2014-12-31 | $22,336,270 |
Value of total assets at beginning of year | 2014-12-31 | $17,954,279 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $80,225 |
Total interest from all sources | 2014-12-31 | $8,222 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $235,949 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $235,949 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $1,000,000 |
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 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $3,812,428 |
Participant contributions at end of year | 2014-12-31 | $248,918 |
Participant contributions at beginning of year | 2014-12-31 | $192,813 |
Participant contributions at end of year | 2014-12-31 | $184,334 |
Participant contributions at beginning of year | 2014-12-31 | $71 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $1,012,948 |
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 | $4,381,991 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $22,336,270 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $17,954,279 |
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 |
Investment advisory and management fees | 2014-12-31 | $49,147 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $21,853,969 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $17,761,335 |
Interest on participant loans | 2014-12-31 | $8,222 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $635,051 |
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 | $784,250 |
Employer contributions (assets) at end of year | 2014-12-31 | $49,049 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $60 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $2,026,632 |
Contract administrator fees | 2014-12-31 | $31,078 |
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 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | MCGLADREY LLP |
Accountancy firm EIN | 2014-12-31 | 420714325 |
2013 : VIRTUSA CORPORATION 401(K) PLAN 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 | $7,461,452 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $2,636,850 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $2,572,213 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $4,325,159 |
Value of total assets at end of year | 2013-12-31 | $17,954,279 |
Value of total assets at beginning of year | 2013-12-31 | $13,129,677 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $64,637 |
Total interest from all sources | 2013-12-31 | $3,734 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $153,812 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $153,812 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $500,000 |
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 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $3,275,981 |
Participant contributions at end of year | 2013-12-31 | $192,813 |
Participant contributions at beginning of year | 2013-12-31 | $18,297 |
Participant contributions at end of year | 2013-12-31 | $71 |
Participant contributions at beginning of year | 2013-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $368,254 |
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 | $4,824,602 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $17,954,279 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $13,129,677 |
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 |
Investment advisory and management fees | 2013-12-31 | $36,575 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $17,761,335 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $13,111,380 |
Interest on participant loans | 2013-12-31 | $3,734 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $2,978,747 |
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 | Yes |
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 | $680,924 |
Employer contributions (assets) at end of year | 2013-12-31 | $60 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $2,572,213 |
Contract administrator fees | 2013-12-31 | $28,062 |
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 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | MCGLADREY LLP |
Accountancy firm EIN | 2013-12-31 | 420714325 |
2012 : VIRTUSA CORPORATION 401(K) PLAN 2012 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total income from all sources (including contributions) | 2012-12-31 | $5,010,708 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $1,740,523 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $1,679,012 |
Value of total corrective distributions | 2012-12-31 | $5,642 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $3,486,799 |
Value of total assets at end of year | 2012-12-31 | $13,129,677 |
Value of total assets at beginning of year | 2012-12-31 | $9,859,492 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $55,869 |
Total interest from all sources | 2012-12-31 | $1,173 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $142,655 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $142,655 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $2,800,253 |
Participant contributions at end of year | 2012-12-31 | $18,297 |
Participant contributions at beginning of year | 2012-12-31 | $52,165 |
Participant contributions at end of year | 2012-12-31 | $0 |
Participant contributions at beginning of year | 2012-12-31 | $5,408 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $30,105 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $3,270,185 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $13,129,677 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $9,859,492 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Investment advisory and management fees | 2012-12-31 | $28,134 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $13,111,380 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $9,798,071 |
Interest on participant loans | 2012-12-31 | $1,173 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $29 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $29 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $1,380,081 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $656,441 |
Employer contributions (assets) at end of year | 2012-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $3,819 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $1,679,012 |
Contract administrator fees | 2012-12-31 | $27,735 |
Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | MCGLADREY LLP |
Accountancy firm EIN | 2012-12-31 | 420714325 |
2011 : VIRTUSA CORPORATION 401(K) PLAN 2011 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
Total transfer of assets to this plan | 2011-12-31 | $812,738 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $3,521,759 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $1,351,962 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $1,343,361 |
Value of total corrective distributions | 2011-12-31 | $4,261 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $3,908,831 |
Value of total assets at end of year | 2011-12-31 | $9,859,492 |
Value of total assets at beginning of year | 2011-12-31 | $6,876,957 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $4,340 |
Total interest from all sources | 2011-12-31 | $1,575 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $107,586 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $107,586 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $3,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $2,484,117 |
Participant contributions at end of year | 2011-12-31 | $52,165 |
Participant contributions at beginning of year | 2011-12-31 | $19,954 |
Participant contributions at end of year | 2011-12-31 | $5,408 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $857,505 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $2,169,797 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $9,859,492 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $6,876,957 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $9,798,071 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $6,857,003 |
Interest on participant loans | 2011-12-31 | $1,546 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $29 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $29 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-496,233 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $567,209 |
Employer contributions (assets) at end of year | 2011-12-31 | $3,819 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $1,343,361 |
Contract administrator fees | 2011-12-31 | $4,340 |
Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | MCGLADREY LLP |
Accountancy firm EIN | 2011-12-31 | 420714325 |
2010 : VIRTUSA CORPORATION 401(K) PLAN 2010 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $2,699,262 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $379,554 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $379,304 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $2,049,980 |
Value of total assets at end of year | 2010-12-31 | $6,876,957 |
Value of total assets at beginning of year | 2010-12-31 | $4,557,249 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $250 |
Total interest from all sources | 2010-12-31 | $895 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $86,562 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $86,562 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $3,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $1,500,644 |
Participant contributions at end of year | 2010-12-31 | $19,954 |
Participant contributions at beginning of year | 2010-12-31 | $17,880 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $53,927 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $2,319,708 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $6,876,957 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $4,557,249 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $6,857,003 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $4,539,369 |
Interest on participant loans | 2010-12-31 | $895 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $561,825 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $495,409 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $379,304 |
Contract administrator fees | 2010-12-31 | $250 |
Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | MCGLADREY AND PULLEN LLP |
Accountancy firm EIN | 2010-12-31 | 420714325 |
2009 : VIRTUSA CORPORATION 401(K) PLAN 2009 401k financial data |
---|
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |