SAPIENS AMERICAS CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SAPIENS AMERICAS CORPORATION EMPLOYEE SAVINGS PLAN
| Measure | Date | Value |
|---|
| 2023 : SAPIENS AMERICAS CORPORATION EMPLOYEE SAVINGS PLAN 2023 401k financial data |
|---|
| 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 | $37,716,571 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $12,423,287 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $12,187,235 |
| Value of total corrective distributions | 2023-12-31 | $7,947 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $10,350,355 |
| Value of total assets at end of year | 2023-12-31 | $186,844,013 |
| Value of total assets at beginning of year | 2023-12-31 | $161,550,729 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $228,105 |
| Total interest from all sources | 2023-12-31 | $51,326 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $3,163,968 |
| 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 | $3,163,968 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| 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 | $7,398,062 |
| Participant contributions at end of year | 2023-12-31 | $674,144 |
| Participant contributions at beginning of year | 2023-12-31 | $728,018 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $1,658,838 |
| Other income not declared elsewhere | 2023-12-31 | $8,517 |
| 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 | $25,293,284 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $186,844,013 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $161,550,729 |
| 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 | $75,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $144,695,051 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $125,154,024 |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $1,330,002 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $1,174,046 |
| Interest on participant loans | 2023-12-31 | $50,950 |
| Interest earned on other investments | 2023-12-31 | $376 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $40,144,816 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $34,032,965 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $461,676 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $18,848,876 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $129,045 |
| Net investment gain or loss from common/collective trusts | 2023-12-31 | $5,164,484 |
| 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 | $1,293,455 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $12,187,235 |
| Contract administrator fees | 2023-12-31 | $153,105 |
| 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 | THOMAS, JUDY & TUCKER, P.A. |
| Accountancy firm EIN | 2023-12-31 | 561965804 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $37,716,571 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $12,423,287 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $12,187,235 |
| Value of total corrective distributions | 2023-01-01 | $7,947 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $10,350,355 |
| Value of total assets at end of year | 2023-01-01 | $186,844,013 |
| Value of total assets at beginning of year | 2023-01-01 | $161,550,729 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $228,105 |
| Total interest from all sources | 2023-01-01 | $51,326 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $3,163,968 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $3,163,968 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $7,398,062 |
| Participant contributions at end of year | 2023-01-01 | $674,144 |
| Participant contributions at beginning of year | 2023-01-01 | $728,018 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $1,658,838 |
| Other income not declared elsewhere | 2023-01-01 | $8,517 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $25,293,284 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $186,844,013 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $161,550,729 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $75,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $144,695,051 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $125,154,024 |
| Value of interest in pooled separate accounts at end of year | 2023-01-01 | $1,330,002 |
| Value of interest in pooled separate accounts at beginning of year | 2023-01-01 | $1,174,046 |
| Interest on participant loans | 2023-01-01 | $50,950 |
| Interest earned on other investments | 2023-01-01 | $376 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $40,144,816 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $34,032,965 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $461,676 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $18,848,876 |
| Net investment gain/loss from pooled separate accounts | 2023-01-01 | $129,045 |
| Net investment gain or loss from common/collective trusts | 2023-01-01 | $5,164,484 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $1,293,455 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $12,187,235 |
| Contract administrator fees | 2023-01-01 | $153,105 |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | THOMAS, JUDY & TUCKER, P.A. |
| Accountancy firm EIN | 2023-01-01 | 561965804 |
| 2022 : SAPIENS AMERICAS CORPORATION EMPLOYEE SAVINGS PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total transfer of assets to this plan | 2022-12-31 | $20,042,492 |
| 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 | $-20,409,228 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $13,401,396 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $13,197,443 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $8,818,499 |
| Value of total assets at end of year | 2022-12-31 | $161,550,729 |
| Value of total assets at beginning of year | 2022-12-31 | $175,318,861 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $203,953 |
| Total interest from all sources | 2022-12-31 | $44,679 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $2,609,440 |
| 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 | $2,609,440 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| 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 | $7,189,477 |
| Participant contributions at end of year | 2022-12-31 | $728,018 |
| Participant contributions at beginning of year | 2022-12-31 | $807,030 |
| Participant contributions at beginning of year | 2022-12-31 | $229,072 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $350,107 |
| Other income not declared elsewhere | 2022-12-31 | $7,854 |
| 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 | $-33,810,624 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $161,550,729 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $175,318,861 |
| 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 | $45,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $125,154,024 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $140,479,391 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $1,174,046 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $36,603 |
| Interest on participant loans | 2022-12-31 | $44,679 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $34,032,965 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $33,721,358 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $461,676 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-27,678,693 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-42,053 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $-4,168,954 |
| 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 | No |
| 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 | $1,278,915 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $45,407 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $13,197,443 |
| Contract administrator fees | 2022-12-31 | $158,953 |
| 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 | THOMAS, JUDY & TUCKER, P.A. |
| Accountancy firm EIN | 2022-12-31 | 561965804 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total transfer of assets to this plan | 2022-01-01 | $20,042,492 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-20,409,228 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $13,401,396 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $13,197,443 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $8,818,499 |
| Value of total assets at end of year | 2022-01-01 | $161,550,729 |
| Value of total assets at beginning of year | 2022-01-01 | $175,318,861 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $203,953 |
| Total interest from all sources | 2022-01-01 | $44,679 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $2,609,440 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $2,609,440 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $7,189,477 |
| Participant contributions at end of year | 2022-01-01 | $728,018 |
| Participant contributions at beginning of year | 2022-01-01 | $807,030 |
| Participant contributions at beginning of year | 2022-01-01 | $229,072 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $350,107 |
| Other income not declared elsewhere | 2022-01-01 | $7,854 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-33,810,624 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $161,550,729 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $175,318,861 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Investment advisory and management fees | 2022-01-01 | $45,000 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $125,154,024 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $140,479,391 |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $1,174,046 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $36,603 |
| Interest on participant loans | 2022-01-01 | $44,679 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $34,032,965 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $33,721,358 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $461,676 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-27,678,693 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-42,053 |
| Net investment gain or loss from common/collective trusts | 2022-01-01 | $-4,168,954 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $1,278,915 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $45,407 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $13,197,443 |
| Contract administrator fees | 2022-01-01 | $158,953 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | THOMAS, JUDY & TUCKER, P.A. |
| Accountancy firm EIN | 2022-01-01 | 561965804 |
| 2021 : SAPIENS AMERICAS CORPORATION EMPLOYEE SAVINGS PLAN 2021 401k financial data |
|---|
| 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 | $30,763,384 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $12,745,995 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $12,535,357 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $8,888,797 |
| Value of total assets at end of year | 2021-12-31 | $175,318,861 |
| Value of total assets at beginning of year | 2021-12-31 | $157,301,472 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $210,638 |
| Total interest from all sources | 2021-12-31 | $47,450 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $2,374,666 |
| 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 | $2,374,666 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| 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 | $6,386,568 |
| Participant contributions at end of year | 2021-12-31 | $807,030 |
| Participant contributions at beginning of year | 2021-12-31 | $772,644 |
| Participant contributions at end of year | 2021-12-31 | $229,072 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $1,283,992 |
| Other income not declared elsewhere | 2021-12-31 | $6,534 |
| 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 | $18,017,389 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $175,318,861 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $157,301,472 |
| 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 | $59,966 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $140,479,391 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $128,178,000 |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $36,603 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $27,943 |
| Interest on participant loans | 2021-12-31 | $47,450 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $33,721,358 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $28,322,885 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $15,068,866 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $8,683 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $4,368,388 |
| 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 | $1,218,237 |
| Employer contributions (assets) at end of year | 2021-12-31 | $45,407 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $12,535,357 |
| Contract administrator fees | 2021-12-31 | $150,672 |
| 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 | THOMAS, JUDY, AND TUCKER, P.A. |
| Accountancy firm EIN | 2021-12-31 | 561965804 |
| 2020 : SAPIENS AMERICAS CORPORATION EMPLOYEE SAVINGS PLAN 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2020-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total transfer of assets to this plan | 2020-12-31 | $0 |
| 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 | $26,300,691 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $11,197,954 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $10,998,615 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $0 |
| Value of total corrective distributions | 2020-12-31 | $2,060 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $8,647,489 |
| Value of total assets at end of year | 2020-12-31 | $157,301,472 |
| Value of total assets at beginning of year | 2020-12-31 | $142,198,735 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $197,279 |
| Total income from rents | 2020-12-31 | $0 |
| Total interest from all sources | 2020-12-31 | $53,720 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $2,174,124 |
| 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 | $2,174,124 |
| Administrative expenses professional fees incurred | 2020-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| 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 |
| Amount of non-exempt transactions with any party-in-interest | 2020-12-31 | $0 |
| Contributions received from participants | 2020-12-31 | $6,115,653 |
| Participant contributions at end of year | 2020-12-31 | $772,644 |
| Participant contributions at beginning of year | 2020-12-31 | $856,203 |
| Participant contributions at end of year | 2020-12-31 | $0 |
| Participant contributions at beginning of year | 2020-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $1,325,009 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
| Other income not declared elsewhere | 2020-12-31 | $5,242 |
| Administrative expenses (other) incurred | 2020-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $0 |
| Total non interest bearing cash at end of year | 2020-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $0 |
| 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 | $15,102,737 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $157,301,472 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $142,198,735 |
| 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 |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2020-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2020-12-31 | $0 |
| Investment advisory and management fees | 2020-12-31 | $74,798 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $128,178,000 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $29,428,665 |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $27,943 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $26,281 |
| Interest on participant loans | 2020-12-31 | $53,720 |
| Income. Interest from loans (other than to participants) | 2020-12-31 | $0 |
| Interest earned on other investments | 2020-12-31 | $0 |
| Income. Interest from US Government securities | 2020-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2020-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $28,322,885 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $111,887,586 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $0 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $12,899,567 |
| Net investment gain/loss from pooled separate accounts | 2020-12-31 | $1,681 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $2,518,868 |
| Net gain/loss from 103.12 investment entities | 2020-12-31 | $0 |
| 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 | $1,206,827 |
| Employer contributions (assets) at end of year | 2020-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
| Income. Dividends from preferred stock | 2020-12-31 | $0 |
| Income. Dividends from common stock | 2020-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $10,998,615 |
| Contract administrator fees | 2020-12-31 | $122,481 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $0 |
| 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 |
| Aggregate proceeds on sale of assets | 2020-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2020-12-31 | $0 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | THOMAS, JUDY, AND TUCKER, P.A. |
| Accountancy firm EIN | 2020-12-31 | 561965804 |
| 2019 : SAPIENS AMERICAS CORPORATION EMPLOYEE SAVINGS PLAN 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2019-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total transfer of assets to this plan | 2019-12-31 | $6,202,635 |
| 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 | $33,220,042 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $12,857,104 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $12,713,956 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $0 |
| Value of total corrective distributions | 2019-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $7,495,532 |
| Value of total assets at end of year | 2019-12-31 | $142,198,735 |
| Value of total assets at beginning of year | 2019-12-31 | $115,633,162 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $143,148 |
| Total income from rents | 2019-12-31 | $0 |
| Total interest from all sources | 2019-12-31 | $50,527 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $647,444 |
| 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 | $647,444 |
| Administrative expenses professional fees incurred | 2019-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| 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 |
| Amount of non-exempt transactions with any party-in-interest | 2019-12-31 | $0 |
| Contributions received from participants | 2019-12-31 | $5,660,713 |
| Participant contributions at end of year | 2019-12-31 | $856,203 |
| Participant contributions at beginning of year | 2019-12-31 | $645,355 |
| Participant contributions at end of year | 2019-12-31 | $0 |
| Participant contributions at beginning of year | 2019-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $690,361 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2019-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $0 |
| Other income not declared elsewhere | 2019-12-31 | $5,429 |
| Administrative expenses (other) incurred | 2019-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $0 |
| Total non interest bearing cash at end of year | 2019-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2019-12-31 | $0 |
| 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 | $20,362,938 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $142,198,735 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $115,633,162 |
| 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 |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2019-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2019-12-31 | $0 |
| Investment advisory and management fees | 2019-12-31 | $60,544 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $29,428,665 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $20,124,600 |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $26,281 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $20,417 |
| Interest on participant loans | 2019-12-31 | $50,527 |
| Income. Interest from loans (other than to participants) | 2019-12-31 | $0 |
| Interest earned on other investments | 2019-12-31 | $0 |
| Income. Interest from US Government securities | 2019-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2019-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $111,887,586 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $94,260,264 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $0 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $4,899,463 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $5,869 |
| Net investment gain or loss from common/collective trusts | 2019-12-31 | $20,115,778 |
| Net gain/loss from 103.12 investment entities | 2019-12-31 | $0 |
| 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 | $1,144,458 |
| Employer contributions (assets) at end of year | 2019-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $582,526 |
| Income. Dividends from preferred stock | 2019-12-31 | $0 |
| Income. Dividends from common stock | 2019-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $12,713,956 |
| Contract administrator fees | 2019-12-31 | $82,604 |
| Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $0 |
| 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 |
| Aggregate proceeds on sale of assets | 2019-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2019-12-31 | $0 |
| 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 | THOMAS, JUDY & TUCKER, P.A. |
| Accountancy firm EIN | 2019-12-31 | 561965804 |
| 2018 : SAPIENS AMERICAS CORPORATION EMPLOYEE SAVINGS PLAN 2018 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2018-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total transfer of assets to this plan | 2018-12-31 | $122,291,792 |
| 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 | $-3,622,939 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $14,774,757 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $14,647,186 |
| Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $0 |
| Value of total corrective distributions | 2018-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $5,065,095 |
| Value of total assets at end of year | 2018-12-31 | $115,633,162 |
| Value of total assets at beginning of year | 2018-12-31 | $11,739,066 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $127,571 |
| Total income from rents | 2018-12-31 | $0 |
| Total interest from all sources | 2018-12-31 | $37,786 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $414,037 |
| 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 | $414,037 |
| Administrative expenses professional fees incurred | 2018-12-31 | $4,000 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $500,000 |
| 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 |
| Amount of non-exempt transactions with any party-in-interest | 2018-12-31 | $0 |
| Contributions received from participants | 2018-12-31 | $4,120,005 |
| Participant contributions at end of year | 2018-12-31 | $645,355 |
| Participant contributions at beginning of year | 2018-12-31 | $61,146 |
| Participant contributions at end of year | 2018-12-31 | $0 |
| Participant contributions at beginning of year | 2018-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $90,776 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2018-12-31 | $117 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $0 |
| Other income not declared elsewhere | 2018-12-31 | $-768 |
| Administrative expenses (other) incurred | 2018-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $0 |
| Total non interest bearing cash at end of year | 2018-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2018-12-31 | $0 |
| 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 | $-18,397,696 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $115,633,162 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $11,739,066 |
| 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 |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2018-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2018-12-31 | $0 |
| Investment advisory and management fees | 2018-12-31 | $49,646 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $20,124,600 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $1,761,069 |
| Value of interest in pooled separate accounts at end of year | 2018-12-31 | $20,417 |
| Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $7,704,942 |
| Interest on participant loans | 2018-12-31 | $37,786 |
| Income. Interest from loans (other than to participants) | 2018-12-31 | $0 |
| Interest earned on other investments | 2018-12-31 | $0 |
| Income. Interest from US Government securities | 2018-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2018-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2018-12-31 | $94,260,264 |
| Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $1,529,950 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $0 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-1,817,351 |
| Net investment gain/loss from pooled separate accounts | 2018-12-31 | $312,710 |
| Net investment gain or loss from common/collective trusts | 2018-12-31 | $-7,634,448 |
| Net gain/loss from 103.12 investment entities | 2018-12-31 | $0 |
| 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 | $854,314 |
| Employer contributions (assets) at end of year | 2018-12-31 | $582,526 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $681,959 |
| Income. Dividends from preferred stock | 2018-12-31 | $0 |
| Income. Dividends from common stock | 2018-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $14,647,069 |
| Contract administrator fees | 2018-12-31 | $73,925 |
| Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $0 |
| 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 |
| Aggregate proceeds on sale of assets | 2018-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2018-12-31 | $0 |
| 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 | THOMAS, JUDY AND TUCKER, P.A. |
| Accountancy firm EIN | 2018-12-31 | 561965804 |
| 2017 : SAPIENS AMERICAS CORPORATION EMPLOYEE SAVINGS PLAN 2017 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2017-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total transfer of assets to this plan | 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 | $0 |
| Total income from all sources (including contributions) | 2017-12-31 | $3,321,538 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $554,443 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $549,159 |
| Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $0 |
| Value of total corrective distributions | 2017-12-31 | $3,899 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $1,909,077 |
| Value of total assets at end of year | 2017-12-31 | $11,739,066 |
| Value of total assets at beginning of year | 2017-12-31 | $8,971,971 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $1,385 |
| Total income from rents | 2017-12-31 | $0 |
| Total interest from all sources | 2017-12-31 | $2,975 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $28,785 |
| 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 | $28,785 |
| Administrative expenses professional fees incurred | 2017-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $500,000 |
| 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 |
| Amount of non-exempt transactions with any party-in-interest | 2017-12-31 | $0 |
| Contributions received from participants | 2017-12-31 | $880,111 |
| Participant contributions at end of year | 2017-12-31 | $61,146 |
| Participant contributions at beginning of year | 2017-12-31 | $23,559 |
| Participant contributions at end of year | 2017-12-31 | $0 |
| Participant contributions at beginning of year | 2017-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $79,585 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2017-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $0 |
| Other income not declared elsewhere | 2017-12-31 | $0 |
| Administrative expenses (other) incurred | 2017-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $0 |
| Total non interest bearing cash at end of year | 2017-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $0 |
| 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 | $2,767,095 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $11,739,066 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $8,971,971 |
| 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 |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2017-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2017-12-31 | $0 |
| Investment advisory and management fees | 2017-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $1,761,069 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $1,422,179 |
| Value of interest in pooled separate accounts at end of year | 2017-12-31 | $7,704,942 |
| Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $6,070,077 |
| Interest on participant loans | 2017-12-31 | $2,975 |
| Income. Interest from loans (other than to participants) | 2017-12-31 | $0 |
| Interest earned on other investments | 2017-12-31 | $0 |
| Income. Interest from US Government securities | 2017-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2017-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $1,529,950 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $1,456,156 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $0 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $173,709 |
| Net investment gain/loss from pooled separate accounts | 2017-12-31 | $1,192,156 |
| Net investment gain or loss from common/collective trusts | 2017-12-31 | $14,836 |
| Net gain/loss from 103.12 investment entities | 2017-12-31 | $0 |
| 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 | $949,381 |
| Employer contributions (assets) at end of year | 2017-12-31 | $681,959 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $0 |
| Income. Dividends from preferred stock | 2017-12-31 | $0 |
| Income. Dividends from common stock | 2017-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $549,159 |
| Contract administrator fees | 2017-12-31 | $1,385 |
| Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $0 |
| 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 |
| Aggregate proceeds on sale of assets | 2017-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2017-12-31 | $0 |
| 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 | THOMAS, JUDY AND TUCKER, P.A. |
| Accountancy firm EIN | 2017-12-31 | 561965804 |
| 2016 : SAPIENS AMERICAS CORPORATION EMPLOYEE SAVINGS PLAN 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2016-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total transfer of assets to this plan | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total income from all sources (including contributions) | 2016-12-31 | $2,207,761 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $569,117 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $566,518 |
| Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $0 |
| Value of total corrective distributions | 2016-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $1,632,505 |
| Value of total assets at end of year | 2016-12-31 | $8,971,971 |
| Value of total assets at beginning of year | 2016-12-31 | $7,333,327 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $2,599 |
| Total income from rents | 2016-12-31 | $0 |
| Total interest from all sources | 2016-12-31 | $1,226 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $27,466 |
| 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 | $27,466 |
| Administrative expenses professional fees incurred | 2016-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $500,000 |
| 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 |
| Amount of non-exempt transactions with any party-in-interest | 2016-12-31 | $0 |
| Contributions received from participants | 2016-12-31 | $1,086,730 |
| Participant contributions at end of year | 2016-12-31 | $23,559 |
| Participant contributions at beginning of year | 2016-12-31 | $23,690 |
| Participant contributions at end of year | 2016-12-31 | $0 |
| Participant contributions at beginning of year | 2016-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $211,647 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2016-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $0 |
| Other income not declared elsewhere | 2016-12-31 | $0 |
| Administrative expenses (other) incurred | 2016-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $0 |
| Total non interest bearing cash at end of year | 2016-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2016-12-31 | $0 |
| 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 | $1,638,644 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $8,971,971 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $7,333,327 |
| 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 |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2016-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2016-12-31 | $0 |
| Investment advisory and management fees | 2016-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $1,422,179 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $1,125,625 |
| Value of interest in pooled separate accounts at end of year | 2016-12-31 | $6,070,077 |
| Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $4,727,574 |
| Interest on participant loans | 2016-12-31 | $1,226 |
| Income. Interest from loans (other than to participants) | 2016-12-31 | $0 |
| Interest earned on other investments | 2016-12-31 | $0 |
| Income. Interest from US Government securities | 2016-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2016-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2016-12-31 | $1,456,156 |
| Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $1,456,438 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $0 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2016-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $88,546 |
| Net investment gain/loss from pooled separate accounts | 2016-12-31 | $444,868 |
| Net investment gain or loss from common/collective trusts | 2016-12-31 | $13,150 |
| Net gain/loss from 103.12 investment entities | 2016-12-31 | $0 |
| 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 | $334,128 |
| Employer contributions (assets) at end of year | 2016-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $0 |
| Income. Dividends from preferred stock | 2016-12-31 | $0 |
| Income. Dividends from common stock | 2016-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $566,518 |
| Contract administrator fees | 2016-12-31 | $2,599 |
| Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $0 |
| 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 |
| Aggregate proceeds on sale of assets | 2016-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2016-12-31 | $0 |
| 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 | THOMAS, JUDY AND TUCKER, P.A. |
| Accountancy firm EIN | 2016-12-31 | 561965804 |
