SYSTEMS 2 COMMUNICATIONS INC 401K PLAN 401k Plan overview
| Plan Name | SYSTEMS 2 COMMUNICATIONS INC 401K PLAN |
| Plan identification number | 001 |
SYSTEMS 2 COMMUNICATIONS INC 401K PLAN Benefits
| 401k Plan Type | Defined Contribution Pension |
| Plan Features/Benefits | - Profit-sharing
- ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
- Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
- Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
- Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
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401k Sponsoring company profile
SYSTEMS 2 COMMUNICATIONS, INC. has sponsored the creation of one or more 401k plans.
Additional information about SYSTEMS 2 COMMUNICATIONS, INC.
| Jurisdiction of Incorporation: | Florida Department of State Division of Corporations |
| Incorporation Date: | 2004-04-29 |
| Company Identification Number: | P04000070103 |
| Legal Registered Office Address: |
2646 S.W. MAPP ROAD
PALM CITY
34990
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More information about SYSTEMS 2 COMMUNICATIONS, INC.
Form 5500 Filing Information
Submission information for form 5500 for 401k plan SYSTEMS 2 COMMUNICATIONS INC 401K PLAN
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|
| 001 | 2011-01-01 | STEVEN M DYER | 2012-05-25 | | |
| 001 | 2010-01-01 | STEVEN M DYER | 2011-06-22 | | |
| 001 | 2009-01-01 | STEVEN M DYER | | | |
Plan Statistics for SYSTEMS 2 COMMUNICATIONS INC 401K PLAN
401k plan membership statisitcs for SYSTEMS 2 COMMUNICATIONS INC 401K PLAN
| Measure | Date | Value |
|---|
| 2009: SYSTEMS 2 COMMUNICATIONS INC 401K PLAN 2009 401k membership |
|---|
| Total participants, beginning-of-year | 2009-01-01 | 13 |
| Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 0 |
| Number of retired or separated participants receiving benefits | 2009-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 1 |
| Total of all active and inactive participants | 2009-01-01 | 1 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 0 |
| Total participants | 2009-01-01 | 1 |
| Number of participants with account balances | 2009-01-01 | 1 |
Financial Data on SYSTEMS 2 COMMUNICATIONS INC 401K PLAN
| Measure | Date | Value |
|---|
| 2008 : SYSTEMS 2 COMMUNICATIONS INC 401K PLAN 2008 401k financial data |
|---|
| Total income from all sources | 2008-12-31 | $-4,980 |
| Expenses. Total of all expenses incurred | 2008-12-31 | $450 |
| Total plan assets at end of year | 2008-12-31 | $479,678 |
| Total plan assets at beginning of year | 2008-12-31 | $479,678 |
| Value of fidelity bond covering the plan | 2008-12-31 | $48,000 |
| Total contributions received or receivable from participants | 2008-12-31 | $7,353 |
| Expenses. Other expenses not covered elsewhere | 2008-12-31 | $450 |
| Other income received | 2008-12-31 | $-13,651 |
| Net income (gross income less expenses) | 2008-12-31 | $-5,430 |
| Net plan assets at end of year (total assets less liabilities) | 2008-12-31 | $479,678 |
| Net plan assets at beginning of year (total assets less liabilities) | 2008-12-31 | $479,678 |
| Total contributions received or receivable from employer(s) | 2008-12-31 | $1,318 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2008-12-31 | $0 |
Form 5500 Responses for SYSTEMS 2 COMMUNICATIONS INC 401K PLAN
| 2009: SYSTEMS 2 COMMUNICATIONS INC 401K PLAN 2009 form 5500 responses |
|---|
| 2009-01-01 | Type of plan entity | Single employer plan |
| 2009-01-01 | Plan funding arrangement – Trust | Yes |
| 2009-01-01 | Plan benefit arrangement - Trust | Yes |
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