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FAIRWARNING SOFTWARE INC 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameFAIRWARNING SOFTWARE INC 401(K) PROFIT SHARING PLAN
Plan identification number 001

FAIRWARNING SOFTWARE INC 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

FAIRWARNING TECHNOLOGIES, LLC has sponsored the creation of one or more 401k plans.

Company Name:FAIRWARNING TECHNOLOGIES, LLC
Employer identification number (EIN):201758761
NAIC Classification:541511
NAIC Description:Custom Computer Programming Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FAIRWARNING SOFTWARE INC 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-01-01KELLIANN MCCABE2022-01-12
0012020-01-01KELLIANN MCCABE2021-09-13
0012019-01-01
0012018-01-01DANIEL W. SINGER2019-05-08
0012017-01-01DANIEL W SINGER2018-06-12 DANIEL W SINGER2018-06-12
0012016-01-01DANIEL SINGER2017-05-31 DANIEL SINGER2017-05-31
0012015-01-01
0012014-01-01DANIEL SINGER2015-04-08
0012013-01-01DANIEL SINGER2014-06-05
0012012-01-01DANIEL SINGER2015-09-07
0012011-01-01DANIEL SINGER2012-07-26
0012010-01-01TERESA PARKS2011-08-16

Plan Statistics for FAIRWARNING SOFTWARE INC 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for FAIRWARNING SOFTWARE INC 401(K) PROFIT SHARING PLAN

Measure Date Value
2021: FAIRWARNING SOFTWARE INC 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01147
Total number of active participants reported on line 7a of the Form 55002021-01-010
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-010
Number of participants with account balances2021-01-010
2020: FAIRWARNING SOFTWARE INC 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01152
Total number of active participants reported on line 7a of the Form 55002020-01-01141
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0130
Total of all active and inactive participants2020-01-01171
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01171
Number of participants with account balances2020-01-01147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: FAIRWARNING SOFTWARE INC 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01122
Total number of active participants reported on line 7a of the Form 55002019-01-01128
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0124
Total of all active and inactive participants2019-01-01152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01152
Number of participants with account balances2019-01-01124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010

Financial Data on FAIRWARNING SOFTWARE INC 401(K) PROFIT SHARING PLAN

Measure Date Value
2021 : FAIRWARNING SOFTWARE INC 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-04-30$0
Total transfer of assets from this plan2021-04-30$7,363,185
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-04-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-04-30$0
Total income from all sources (including contributions)2021-04-30$431,068
Total loss/gain on sale of assets2021-04-30$0
Total of all expenses incurred2021-04-30$456,631
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-04-30$429,949
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-04-30$0
Value of total assets at end of year2021-04-30$0
Value of total assets at beginning of year2021-04-30$7,388,748
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-04-30$26,682
Total interest from all sources2021-04-30$406
Total dividends received (eg from common stock, registered investment company shares)2021-04-30$20,230
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-04-30Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2021-04-30$0
Total dividends received from registered investment company shares (eg mutual funds)2021-04-30$20,230
Was this plan covered by a fidelity bond2021-04-30Yes
Value of fidelity bond cover2021-04-30$500,000
If this is an individual account plan, was there a blackout period2021-04-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-04-30$0
Were there any nonexempt tranactions with any party-in-interest2021-04-30No
Participant contributions at end of year2021-04-30$0
Participant contributions at beginning of year2021-04-30$27,319
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-04-30No
Value of net income/loss2021-04-30$-25,563
Value of net assets at end of year (total assets less liabilities)2021-04-30$0
Value of net assets at beginning of year (total assets less liabilities)2021-04-30$7,388,748
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-04-30No
Were any loans by the plan or fixed income obligations due to the plan in default2021-04-30No
Were any leases to which the plan was party in default or uncollectible2021-04-30No
Investment advisory and management fees2021-04-30$25,532
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-04-30$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-04-30$7,327,064
Interest on participant loans2021-04-30$261
Interest earned on other investments2021-04-30$145
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-04-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-04-30$34,365
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-04-30$410,432
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-04-30No
Was there a failure to transmit to the plan any participant contributions2021-04-30No
Has the plan failed to provide any benefit when due under the plan2021-04-30No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-04-30$429,949
Contract administrator fees2021-04-30$1,150
Did the plan have assets held for investment2021-04-30No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-04-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-04-30Yes
Opinion of an independent qualified public accountant for this plan2021-04-30Disclaimer
Accountancy firm name2021-04-30ASSURANCE DIMENSIONS
Accountancy firm EIN2021-04-30263429295
2020 : FAIRWARNING SOFTWARE INC 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$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$2,633,039
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$756,610
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$735,289
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,757,867
Value of total assets at end of year2020-12-31$7,388,748
Value of total assets at beginning of year2020-12-31$5,512,319
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$21,321
Total interest from all sources2020-12-31$1,388
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$223,631
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$223,631
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$993,546
Participant contributions at end of year2020-12-31$27,319
Participant contributions at beginning of year2020-12-31$28,449
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$172,610
Other income not declared elsewhere2020-12-31$-63
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,876,429
Value of net assets at end of year (total assets less liabilities)2020-12-31$7,388,748
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$5,512,319
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$20,144
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$7,327,064
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$5,188,079
Interest on participant loans2020-12-31$1,342
Interest earned on other investments2020-12-31$46
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$295,791
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$295,791
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$34,365
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$650,216
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$591,711
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$735,289
Contract administrator fees2020-12-31$1,177
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31Yes
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31ASSURANCE DIMENSIONS
Accountancy firm EIN2020-12-31263429295
2019 : FAIRWARNING SOFTWARE INC 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$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$2,285,971
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$1,705,615
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,693,163
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,174,153
Value of total assets at end of year2019-12-31$5,512,319
Value of total assets at beginning of year2019-12-31$4,931,963
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$12,452
Total interest from all sources2019-12-31$8,055
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$116,030
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$116,030
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$747,089
Participant contributions at end of year2019-12-31$28,449
Participant contributions at beginning of year2019-12-31$31,459
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$68,764
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$580,356
Value of net assets at end of year (total assets less liabilities)2019-12-31$5,512,319
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$4,931,963
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$5,188,079
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$4,640,604
Interest on participant loans2019-12-31$1,877
Income. Interest from loans (other than to participants)2019-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$295,791
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$259,900
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$259,900
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$6,178
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$987,733
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$358,300
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,693,163
Contract administrator fees2019-12-31$12,452
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31ASSURANCE DIMENSIONS
Accountancy firm EIN2019-12-31263429295

Form 5500 Responses for FAIRWARNING SOFTWARE INC 401(K) PROFIT SHARING PLAN

2021: FAIRWARNING SOFTWARE INC 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingYes
2021-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: FAIRWARNING SOFTWARE INC 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: FAIRWARNING SOFTWARE INC 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberMR 63321-1
Policy instance 1
Insurance contract or identification numberMR 63321-1
Number of Individuals Covered0
Insurance policy start date2021-01-01
Insurance policy end date2021-04-06
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberMR 63321-1
Policy instance 1
Insurance contract or identification numberMR 63321-1
Number of Individuals Covered147
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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