401k Plan data: NET ACCESS CORPORATION 401(K) PROFIT SHARING PLAN plan

NET ACCESS CORPORATION 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	NET ACCESS CORPORATION 401(K) PROFIT SHARING PLAN
Plan identification number	001

NET ACCESS CORPORATION 401(K) PROFIT SHARING 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) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

NET ACCESS CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: NET ACCESS CORPORATION

Employer identification number (EIN): 223417155

NAIC Classification: 518210
NAIC Description: Data Processing, Hosting, and Related Services

Additional information about NET ACCESS CORPORATION

Jurisdiction of Incorporation: New Jersey Division of Revenue and Enterprise Services

Incorporation Date:

Company Identification Number: 0100647942

More information about NET ACCESS CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NET ACCESS CORPORATION 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-01-01 JASON VANDERPLOOG
001 2009-01-01 JASON VANDERPLOOG

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2011-01-01	JASON VANDERPLOOG
001	2009-01-01	JASON VANDERPLOOG

Plan Statistics for NET ACCESS CORPORATION 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for NET ACCESS CORPORATION 401(K) PROFIT SHARING PLAN

Measure Date Value
2011: NET ACCESS CORPORATION 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 64
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 71
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 13
Total of all active and inactive participants 2011-01-01 84
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 84
Number of participants with account balances 2011-01-01 80
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: NET ACCESS CORPORATION 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 83
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 69
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 12
Total of all active and inactive participants 2009-01-01 81
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 81
Number of participants with account balances 2009-01-01 76
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2011: NET ACCESS CORPORATION 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	64
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	71
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	13
Total of all active and inactive participants	2011-01-01	84
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	84
Number of participants with account balances	2011-01-01	80
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: NET ACCESS CORPORATION 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	83
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	69
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	12
Total of all active and inactive participants	2009-01-01	81
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	81
Number of participants with account balances	2009-01-01	76
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on NET ACCESS CORPORATION 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2011 : NET ACCESS CORPORATION 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$249,889
Expenses. Total of all expenses incurred	2011-12-31	$3,621
Total plan assets at end of year	2011-12-31	$2,985,764
Total plan assets at beginning of year	2011-12-31	$2,739,496
Value of fidelity bond covering the plan	2011-12-31	$10,000,000
Total contributions received or receivable from participants	2011-12-31	$250,631
Other income received	2011-12-31	$-127,527
Net income (gross income less expenses)	2011-12-31	$246,268
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$2,985,764
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$2,739,496
Assets. Value of participant loans	2011-12-31	$186,298
Total contributions received or receivable from employer(s)	2011-12-31	$126,785
Value of certain deemed distributions of participant loans	2011-12-31	$1,208
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$2,413
2010 : NET ACCESS CORPORATION 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$599,590
Expenses. Total of all expenses incurred	2010-12-31	$9,650
Benefits paid (including direct rollovers)	2010-12-31	$3,022
Total plan assets at end of year	2010-12-31	$2,739,496
Total plan assets at beginning of year	2010-12-31	$2,149,556
Value of fidelity bond covering the plan	2010-12-31	$220,000
Total contributions received or receivable from participants	2010-12-31	$166,594
Other income received	2010-12-31	$345,513
Net income (gross income less expenses)	2010-12-31	$589,940
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$2,739,496
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$2,149,556
Assets. Value of participant loans	2010-12-31	$105,543
Total contributions received or receivable from employer(s)	2010-12-31	$87,483
Value of certain deemed distributions of participant loans	2010-12-31	$5,878
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$750
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : NET ACCESS CORPORATION 401(K) PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for NET ACCESS CORPORATION 401(K) PROFIT SHARING PLAN

2011: NET ACCESS CORPORATION 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: NET ACCESS CORPORATION 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

NET ACCESS, LLC 401(K) PROFIT SHARING PLAN [EIN = 383879241]

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Company Name:	NET ACCESS CORPORATION
Employer identification number (EIN):	223417155
NAIC Classification:	518210
NAIC Description:	Data Processing, Hosting, and Related Services

Jurisdiction of Incorporation:	New Jersey Division of Revenue and Enterprise Services
Incorporation Date:
Company Identification Number:	0100647942