401k Plan data: VIRTEX ENTERPRISES 401(K) PLAN plan

VIRTEX ENTERPRISES 401(K) PLAN 401k Plan overview

Plan Name	VIRTEX ENTERPRISES 401(K) PLAN
Plan identification number	001

VIRTEX ENTERPRISES 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan covering Self-Employed individuals.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

VIRTEX ENTERPRISES LP has sponsored the creation of one or more 401k plans.

Company Name: VIRTEX ENTERPRISES LP

Employer identification number (EIN): 208728981

NAIC Classification: 339900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VIRTEX ENTERPRISES 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 SANDRA MILLER, AFS 2019-07-11
001 2017-01-01 SANDRA MILLER, AFS 2018-10-08
001 2016-01-01 ARASELY VALDEZ 2017-10-02

Plan Statistics for VIRTEX ENTERPRISES 401(K) PLAN

401k plan membership statisitcs for VIRTEX ENTERPRISES 401(K) PLAN

Measure Date Value
2023: VIRTEX ENTERPRISES 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 816
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 431
Number of retired or separated participants receiving benefits 2023-01-01 26
Number of other retired or separated participants entitled to future benefits 2023-01-01 241
Total of all active and inactive participants 2023-01-01 698
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 698
Number of participants with account balances 2023-01-01 546
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 1
2022: VIRTEX ENTERPRISES 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 816
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 622
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 186
Total of all active and inactive participants 2022-01-01 808
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 808
Number of participants with account balances 2022-01-01 555
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 7
2021: VIRTEX ENTERPRISES 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 823
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 645
Number of retired or separated participants receiving benefits 2021-01-01 21
Number of other retired or separated participants entitled to future benefits 2021-01-01 139
Total of all active and inactive participants 2021-01-01 805
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 805
Number of participants with account balances 2021-01-01 574
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 8
2020: VIRTEX ENTERPRISES 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 747
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 651
Number of retired or separated participants receiving benefits 2020-01-01 23
Number of other retired or separated participants entitled to future benefits 2020-01-01 83
Total of all active and inactive participants 2020-01-01 757
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 757
Number of participants with account balances 2020-01-01 476
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 5
2019: VIRTEX ENTERPRISES 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 122
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 537
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 60
Total of all active and inactive participants 2019-01-01 597
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 597
Number of participants with account balances 2019-01-01 385
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 8

Measure	Date	Value
2023: VIRTEX ENTERPRISES 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	816
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	431
Number of retired or separated participants receiving benefits	2023-01-01	26
Number of other retired or separated participants entitled to future benefits	2023-01-01	241
Total of all active and inactive participants	2023-01-01	698
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	698
Number of participants with account balances	2023-01-01	546
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	1
2022: VIRTEX ENTERPRISES 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	816
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	622
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	186
Total of all active and inactive participants	2022-01-01	808
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	808
Number of participants with account balances	2022-01-01	555
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	7
2021: VIRTEX ENTERPRISES 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	823
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	645
Number of retired or separated participants receiving benefits	2021-01-01	21
Number of other retired or separated participants entitled to future benefits	2021-01-01	139
Total of all active and inactive participants	2021-01-01	805
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	805
Number of participants with account balances	2021-01-01	574
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	8
2020: VIRTEX ENTERPRISES 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	747
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	651
Number of retired or separated participants receiving benefits	2020-01-01	23
Number of other retired or separated participants entitled to future benefits	2020-01-01	83
Total of all active and inactive participants	2020-01-01	757
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	757
Number of participants with account balances	2020-01-01	476
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	5
2019: VIRTEX ENTERPRISES 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	122
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	537
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	60
Total of all active and inactive participants	2019-01-01	597
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	597
Number of participants with account balances	2019-01-01	385
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	8

Financial Data on VIRTEX ENTERPRISES 401(K) PLAN

Measure	Date	Value
2023 : VIRTEX ENTERPRISES 401(K) PLAN 2023 401k financial data
Total income from all sources (including contributions)	2023-12-31	$6,668,342
Total of all expenses incurred	2023-12-31	$4,460,138
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$4,366,539
Expenses. Certain deemed distributions of participant loans	2023-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$2,770,486
Value of total assets at end of year	2023-12-31	$25,857,476
Value of total assets at beginning of year	2023-12-31	$23,649,272
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$93,599
Total interest from all sources	2023-12-31	$50,320
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$0
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	$0
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	$1,924,017
Participant contributions at end of year	2023-12-31	$269,353
Participant contributions at beginning of year	2023-12-31	$317,659
Participant contributions at end of year	2023-12-31	$0
Participant contributions at beginning of year	2023-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$21,129
Value of other receiveables (less allowance for doubtful accounts) at end of year	2023-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2023-12-31	$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	2023-12-31	No
Value of net income/loss	2023-12-31	$2,208,204
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$25,857,476
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$23,649,272
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	$93,599
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$23,279,121
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$20,604,098
Interest on participant loans	2023-12-31	$18,651
Interest earned on other investments	2023-12-31	$31,669
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2023-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2023-12-31	$2,309,002
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2023-12-31	$2,727,515
Expenses. Payments to insurance carriers foe the provision of benefits	2023-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$3,847,536
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	Yes
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	$825,340
Employer contributions (assets) at end of year	2023-12-31	$0
Employer contributions (assets) at beginning of year	2023-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$4,366,539
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	RYAN + MANN LLC
Accountancy firm EIN	2023-12-31	921104525
2022 : VIRTEX ENTERPRISES 401(K) PLAN 2022 401k financial data
Total income from all sources (including contributions)	2022-12-31	$-2,448,928
Total of all expenses incurred	2022-12-31	$4,017,739
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$3,937,471
Expenses. Certain deemed distributions of participant loans	2022-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$3,024,629
Value of total assets at end of year	2022-12-31	$23,649,272
Value of total assets at beginning of year	2022-12-31	$30,115,939
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$80,268
Total interest from all sources	2022-12-31	$36,569
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$0
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	$0
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	$2,074,037
Participant contributions at end of year	2022-12-31	$317,659
Participant contributions at beginning of year	2022-12-31	$284,602
Participant contributions at end of year	2022-12-31	$0
Participant contributions at beginning of year	2022-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$32,043
Value of other receiveables (less allowance for doubtful accounts) at end of year	2022-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2022-12-31	$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	2022-12-31	No
Value of net income/loss	2022-12-31	$-6,466,667
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$23,649,272
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$30,115,939
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	$80,268
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$20,604,098
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$27,392,302
Interest on participant loans	2022-12-31	$15,389
Interest earned on other investments	2022-12-31	$21,180
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$2,727,515
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$2,439,035
Expenses. Payments to insurance carriers foe the provision of benefits	2022-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-5,510,126
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$918,549
Employer contributions (assets) at end of year	2022-12-31	$0
Employer contributions (assets) at beginning of year	2022-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$3,937,471
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	RYAN + MANN LLC
Accountancy firm EIN	2022-12-31	921104525
2021 : VIRTEX ENTERPRISES 401(K) PLAN 2021 401k financial data
Total transfer of assets to this plan	2021-12-31	$11,508,441
Total income from all sources (including contributions)	2021-12-31	$4,879,401
Total of all expenses incurred	2021-12-31	$1,836,477
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$1,726,800
Expenses. Certain deemed distributions of participant loans	2021-12-31	$0
Value of total corrective distributions	2021-12-31	$2,027
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$2,860,284
Value of total assets at end of year	2021-12-31	$30,115,939
Value of total assets at beginning of year	2021-12-31	$15,564,574
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$107,650
Total interest from all sources	2021-12-31	$12,532
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$0
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	$0
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	$1,912,856
Participant contributions at end of year	2021-12-31	$284,602
Participant contributions at beginning of year	2021-12-31	$160,462
Participant contributions at end of year	2021-12-31	$0
Participant contributions at beginning of year	2021-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$38,835
Value of other receiveables (less allowance for doubtful accounts) at end of year	2021-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2021-12-31	$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	2021-12-31	No
Value of net income/loss	2021-12-31	$3,042,924
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$30,115,939
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$15,564,574
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	$107,650
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$27,392,302
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$13,828,797
Interest on participant loans	2021-12-31	$12,532
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$2,439,035
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$1,575,315
Expenses. Payments to insurance carriers foe the provision of benefits	2021-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$2,006,585
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	Yes
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	$908,593
Employer contributions (assets) at end of year	2021-12-31	$0
Employer contributions (assets) at beginning of year	2021-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$1,726,800
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	KELLY MANN CPA, LLC
Accountancy firm EIN	2021-12-31	832899084
2020 : VIRTEX ENTERPRISES 401(K) PLAN 2020 401k financial data
Total transfer of assets to this plan	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$5,078,266
Total of all expenses incurred	2020-12-31	$649,964
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$571,887
Expenses. Certain deemed distributions of participant loans	2020-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$2,758,591
Value of total assets at end of year	2020-12-31	$15,564,574
Value of total assets at beginning of year	2020-12-31	$11,136,272
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$78,077
Total interest from all sources	2020-12-31	$9,003
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$0
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	$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
Contributions received from participants	2020-12-31	$1,601,509
Participant contributions at end of year	2020-12-31	$160,462
Participant contributions at beginning of year	2020-12-31	$143,331
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	$365,162
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 income not declared elsewhere	2020-12-31	$4,179
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	$4,428,302
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$15,564,574
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$11,136,272
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Investment advisory and management fees	2020-12-31	$78,077
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$13,828,797
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$10,361,777
Interest on participant loans	2020-12-31	$9,003
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$1,575,315
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$631,164
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	$2,306,493
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	Yes
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	$791,920
Employer contributions (assets) at end of year	2020-12-31	$0
Employer contributions (assets) at beginning of year	2020-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$571,887
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Unqualified
Accountancy firm name	2020-12-31	CD BRADSHAW & ASSOCIATES, P.C.
Accountancy firm EIN	2020-12-31	814273628
2019 : VIRTEX ENTERPRISES 401(K) PLAN 2019 401k financial data
Total transfer of assets to this plan	2019-12-31	$8,957,955
Total transfer of assets to this plan	2019-12-31	$8,957,955
Total income from all sources (including contributions)	2019-12-31	$1,909,855
Total income from all sources (including contributions)	2019-12-31	$1,909,855
Total of all expenses incurred	2019-12-31	$762,852
Total of all expenses incurred	2019-12-31	$762,852
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$725,484
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$725,484
Expenses. Certain deemed distributions of participant loans	2019-12-31	$0
Expenses. Certain deemed distributions of participant loans	2019-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$1,200,974
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$1,200,974
Value of total assets at end of year	2019-12-31	$11,136,272
Value of total assets at end of year	2019-12-31	$11,136,272
Value of total assets at beginning of year	2019-12-31	$1,031,314
Value of total assets at beginning of year	2019-12-31	$1,031,314
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$37,368
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$37,368
Total interest from all sources	2019-12-31	$4,150
Total interest from all sources	2019-12-31	$4,150
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
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	$0
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$0
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
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	Yes
If this is an individual account plan, was there a blackout period	2019-12-31	Yes
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
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$760,313
Contributions received from participants	2019-12-31	$760,313
Participant contributions at end of year	2019-12-31	$143,331
Participant contributions at end of year	2019-12-31	$143,331
Participant contributions at beginning of year	2019-12-31	$27,965
Participant contributions at beginning of year	2019-12-31	$27,965
Participant contributions at end of year	2019-12-31	$0
Participant contributions at end of year	2019-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$25,652
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$25,652
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 end of year	2019-12-31	$0
Other income not declared elsewhere	2019-12-31	$2,718
Other income not declared elsewhere	2019-12-31	$2,718
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
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	$1,147,003
Value of net income/loss	2019-12-31	$1,147,003
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$11,136,272
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$11,136,272
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$1,031,314
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$1,031,314
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Investment advisory and management fees	2019-12-31	$37,368
Investment advisory and management fees	2019-12-31	$37,368
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$10,361,777
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$10,361,777
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$973,579
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$973,579
Interest on participant loans	2019-12-31	$4,150
Interest on participant loans	2019-12-31	$4,150
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$631,164
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$631,164
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$29,770
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$29,770
Expenses. Payments to insurance carriers foe the provision of benefits	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	$702,013
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$702,013
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
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	Yes
Was there a failure to transmit to the plan any participant contributions	2019-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	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	$415,009
Contributions received in cash from employer	2019-12-31	$415,009
Employer contributions (assets) at end of year	2019-12-31	$0
Employer contributions (assets) at end of year	2019-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$725,484
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$725,484
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2019-12-31	Yes
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	Yes
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
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
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
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
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	CD BRADSHAW & ASSOCIATES, P. C.
Accountancy firm name	2019-12-31	CD BRADSHAW & ASSOCIATES, P. C.
Accountancy firm EIN	2019-12-31	814273628
Accountancy firm EIN	2019-12-31	814273628

Form 5500 Responses for VIRTEX ENTERPRISES 401(K) PLAN

2023: VIRTEX ENTERPRISES 401(K) PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Plan funding arrangement – Insurance	Yes
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: VIRTEX ENTERPRISES 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: VIRTEX ENTERPRISES 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: VIRTEX ENTERPRISES 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: VIRTEX ENTERPRISES 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

513378-000

Policy instance

Insurance contract or identification number	513378-000
Number of Individuals Covered	425
Insurance policy start date	2023-01-01
Insurance policy end date	2023-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $12,417
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

513378-000

Policy instance

Insurance contract or identification number	513378-000
Number of Individuals Covered	555
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Total amount of commissions paid to insurance broker	USD $4,866
Total amount of fees paid to insurance company	USD $12,194
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $0
Amount paid for insurance broker fees	12194
Insurance broker organization code?	5

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

513378-000

Policy instance

Insurance contract or identification number	513378-000
Number of Individuals Covered	574
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Total amount of commissions paid to insurance broker	USD $5,886
Total amount of fees paid to insurance company	USD $11,624
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Amount paid for insurance broker fees	11624
Additional information about fees paid to insurance broker	TPA FEES
Insurance broker organization code?	5
Commission paid to Insurance Broker	USD $5,886

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

513378-000

Policy instance

Insurance contract or identification number	513378-000
Number of Individuals Covered	476
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $3,374
Total amount of fees paid to insurance company	USD $6,122
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $0
Amount paid for insurance broker fees	6122
Additional information about fees paid to insurance broker	TPA FEES
Insurance broker organization code?	5

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

513378-000

Policy instance

Insurance contract or identification number	513378-000
Insurance policy start date	2019-02-19
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $1,013
Total amount of fees paid to insurance company	USD $2,561
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $0
Amount paid for insurance broker fees	2561
Additional information about fees paid to insurance broker	TPA FEES
Insurance broker organization code?	5

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

806746-000

Policy instance

Insurance contract or identification number	806746-000
Number of Individuals Covered	0
Insurance policy start date	2019-01-01
Insurance policy end date	2019-02-19
Total amount of commissions paid to insurance broker	USD $2,162
Total amount of fees paid to insurance company	USD $227
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $2,162
Amount paid for insurance broker fees	0
Additional information about fees paid to insurance broker	BROKER COMMISSIONS
Insurance broker organization code?	3

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Company Name:	VIRTEX ENTERPRISES LP
Employer identification number (EIN):	208728981
NAIC Classification:	339900