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INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameINNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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

INNOVATIVE SOFTWARE SOLUTIONS, INC. has sponsored the creation of one or more 401k plans.

Company Name:INNOVATIVE SOFTWARE SOLUTIONS, INC.
Employer identification number (EIN):232182079
NAIC Classification:541511
NAIC Description:Custom Computer Programming Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01SEAN CORNELIUS2023-10-13 SEAN CORNELIUS2023-10-13
0012021-01-01SEAN CORNELIUS2022-10-12 SEAN CORNELIUS2022-10-12
0012020-01-01LAWRENCE GOLDSTEIN2021-10-08 LAWRENCE GOLDSTEIN2021-10-08
0012019-01-01LAWRENCE GOLDSTEIN2020-09-21 LAWRENCE GOLDSTEIN2020-09-21
0012018-01-01LAWRENCE GOLDSTEIN2019-08-21 LAWRENCE GOLDSTEIN2019-08-21
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01LAWRENCE GOLDSTEIN LAWRENCE GOLDSTEIN2013-10-14
0012011-01-01LAWRENCE GOLDSTEIN LAWRENCE GOLDSTEIN2012-10-12
0012010-01-01LAWRENCE GOLDSTEIN2011-10-12 LAWRENCE GOLDSTEIN2011-10-12

Plan Statistics for INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2022: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01212
Total number of active participants reported on line 7a of the Form 55002022-01-010
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-010
Number of participants with account balances2022-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-019
2021: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01220
Total number of active participants reported on line 7a of the Form 55002021-01-01169
Number of other retired or separated participants entitled to future benefits2021-01-0162
Total of all active and inactive participants2021-01-01231
Total participants2021-01-01231
Number of participants with account balances2021-01-01229
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-019
2020: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01223
Total number of active participants reported on line 7a of the Form 55002020-01-01175
Number of other retired or separated participants entitled to future benefits2020-01-0145
Total of all active and inactive participants2020-01-01220
Total participants2020-01-01220
Number of participants with account balances2020-01-01219
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-018
2019: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01208
Total number of active participants reported on line 7a of the Form 55002019-01-01176
Number of other retired or separated participants entitled to future benefits2019-01-0147
Total of all active and inactive participants2019-01-01223
Total participants2019-01-01223
Number of participants with account balances2019-01-01221
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-017
2018: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01181
Total number of active participants reported on line 7a of the Form 55002018-01-01170
Number of other retired or separated participants entitled to future benefits2018-01-0137
Total of all active and inactive participants2018-01-01207
Total participants2018-01-01207
Number of participants with account balances2018-01-01207
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0111
2017: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01174
Total number of active participants reported on line 7a of the Form 55002017-01-01149
Number of other retired or separated participants entitled to future benefits2017-01-0130
Total of all active and inactive participants2017-01-01179
Total participants2017-01-01179
Number of participants with account balances2017-01-01174
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-019
2016: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01161
Total number of active participants reported on line 7a of the Form 55002016-01-01150
Number of other retired or separated participants entitled to future benefits2016-01-0124
Total of all active and inactive participants2016-01-01174
Total participants2016-01-01174
Number of participants with account balances2016-01-01173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-018
2015: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01153
Total number of active participants reported on line 7a of the Form 55002015-01-01136
Number of other retired or separated participants entitled to future benefits2015-01-0124
Total of all active and inactive participants2015-01-01160
Total participants2015-01-01160
Number of participants with account balances2015-01-01159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01148
Total number of active participants reported on line 7a of the Form 55002014-01-01131
Number of other retired or separated participants entitled to future benefits2014-01-0122
Total of all active and inactive participants2014-01-01153
Total participants2014-01-01153
Number of participants with account balances2014-01-01149
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0112
2013: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01135
Total number of active participants reported on line 7a of the Form 55002013-01-01121
Number of other retired or separated participants entitled to future benefits2013-01-0127
Total of all active and inactive participants2013-01-01148
Total participants2013-01-01148
Number of participants with account balances2013-01-01147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01125
Total number of active participants reported on line 7a of the Form 55002012-01-01108
Number of other retired or separated participants entitled to future benefits2012-01-0127
Total of all active and inactive participants2012-01-01135
Total participants2012-01-01135
Number of participants with account balances2012-01-01133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-016
2011: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01124
Total number of active participants reported on line 7a of the Form 55002011-01-0197
Number of other retired or separated participants entitled to future benefits2011-01-0128
Total of all active and inactive participants2011-01-01125
Total participants2011-01-01125
Number of participants with account balances2011-01-01125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-011

Financial Data on INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2022 : INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total transfer of assets from this plan2022-12-31$29,787,967
Total income from all sources (including contributions)2022-12-31$-5,198,223
Total of all expenses incurred2022-12-31$5,414,968
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$5,411,184
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$2,314,344
Value of total assets at end of year2022-12-31$0
Value of total assets at beginning of year2022-12-31$40,401,158
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$3,784
Total interest from all sources2022-12-31$4,302
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,573,493
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$94,276
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$6,358
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-10,613,191
Value of net assets at end of year (total assets less liabilities)2022-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$40,401,158
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in pooled separate accounts at end of year2022-12-31$0
Value of interest in pooled separate accounts at beginning of year2022-12-31$38,159,618
Interest on participant loans2022-12-31$4,302
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$1,350,983
Net investment gain or loss from common/collective trusts2022-12-31$-7,516,869
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$734,493
Employer contributions (assets) at end of year2022-12-31$0
Employer contributions (assets) at beginning of year2022-12-31$796,281
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$5,411,184
Contract administrator fees2022-12-31$3,784
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31Yes
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31SC&H ATTEST SERVICES, P.C.
Accountancy firm EIN2022-12-31521743645
2021 : INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$7,642,572
Total of all expenses incurred2021-12-31$167,658
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$165,061
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$2,404,901
Value of total assets at end of year2021-12-31$40,401,158
Value of total assets at beginning of year2021-12-31$32,926,244
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$2,597
Total interest from all sources2021-12-31$19,212
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Administrative expenses professional fees incurred2021-12-31$2,597
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$5,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,611,911
Participant contributions at end of year2021-12-31$94,276
Participant contributions at beginning of year2021-12-31$108,219
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$2,988
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$7,474,914
Value of net assets at end of year (total assets less liabilities)2021-12-31$40,401,158
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$32,926,244
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in pooled separate accounts at end of year2021-12-31$38,159,618
Value of interest in pooled separate accounts at beginning of year2021-12-31$30,707,740
Interest on participant loans2021-12-31$6,062
Interest earned on other investments2021-12-31$13,150
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$1,350,983
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$1,384,111
Net investment gain or loss from common/collective trusts2021-12-31$5,218,459
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$790,002
Employer contributions (assets) at end of year2021-12-31$796,281
Employer contributions (assets) at beginning of year2021-12-31$726,174
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$165,061
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31SC&H ATTEST SERVICES, P.C.
Accountancy firm EIN2021-12-31521743645
2020 : INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$6,792,936
Total of all expenses incurred2020-12-31$645,740
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$643,408
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$2,240,994
Value of total assets at end of year2020-12-31$32,926,244
Value of total assets at beginning of year2020-12-31$26,779,048
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$2,332
Total interest from all sources2020-12-31$19,933
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Administrative expenses professional fees incurred2020-12-31$2,332
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$1,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$1,454,945
Participant contributions at end of year2020-12-31$108,219
Participant contributions at beginning of year2020-12-31$159,320
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$59,875
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$6,147,196
Value of net assets at end of year (total assets less liabilities)2020-12-31$32,926,244
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$26,779,048
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
Value of interest in pooled separate accounts at end of year2020-12-31$30,707,740
Value of interest in pooled separate accounts at beginning of year2020-12-31$24,917,775
Interest on participant loans2020-12-31$8,071
Interest earned on other investments2020-12-31$11,862
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$1,384,111
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$1,047,769
Net investment gain/loss from pooled separate accounts2020-12-31$4,532,009
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 contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$726,174
Employer contributions (assets) at end of year2020-12-31$726,174
Employer contributions (assets) at beginning of year2020-12-31$654,184
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$643,408
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 name2020-12-31EISNERAMPER LLP
Accountancy firm EIN2020-12-31131639826
2019 : INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources (including contributions)2019-12-31$6,685,203
Total of all expenses incurred2019-12-31$413,990
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$411,873
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$2,026,703
Value of total assets at end of year2019-12-31$26,779,048
Value of total assets at beginning of year2019-12-31$20,507,835
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$2,117
Total interest from all sources2019-12-31$20,955
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$1,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$1,352,213
Participant contributions at end of year2019-12-31$159,320
Participant contributions at beginning of year2019-12-31$206,107
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$20,306
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$6,271,213
Value of net assets at end of year (total assets less liabilities)2019-12-31$26,779,048
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$20,507,835
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 pooled separate accounts at end of year2019-12-31$24,917,775
Value of interest in pooled separate accounts at beginning of year2019-12-31$18,803,254
Interest on participant loans2019-12-31$10,293
Interest earned on other investments2019-12-31$10,662
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$1,047,769
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$894,742
Net investment gain/loss from pooled separate accounts2019-12-31$4,637,545
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 contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$654,184
Employer contributions (assets) at end of year2019-12-31$654,184
Employer contributions (assets) at beginning of year2019-12-31$603,732
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$411,873
Contract administrator fees2019-12-31$2,117
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 name2019-12-31ST CLAIR CPAS P.C.
Accountancy firm EIN2019-12-31232653765
2018 : INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources (including contributions)2018-12-31$480,465
Total of all expenses incurred2018-12-31$1,512,557
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$1,505,129
Expenses. Certain deemed distributions of participant loans2018-12-31$5,109
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,845,208
Value of total assets at end of year2018-12-31$20,507,835
Value of total assets at beginning of year2018-12-31$21,539,927
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$2,319
Total interest from all sources2018-12-31$22,274
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$1,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$1,218,392
Participant contributions at end of year2018-12-31$206,107
Participant contributions at beginning of year2018-12-31$209,561
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$23,084
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2018-12-31$0
Other income not declared elsewhere2018-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-1,032,092
Value of net assets at end of year (total assets less liabilities)2018-12-31$20,507,835
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$21,539,927
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in pooled separate accounts at end of year2018-12-31$18,803,254
Value of interest in pooled separate accounts at beginning of year2018-12-31$19,487,030
Interest on participant loans2018-12-31$11,628
Interest earned on other investments2018-12-31$10,646
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$894,742
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$1,295,851
Net investment gain/loss from pooled separate accounts2018-12-31$-1,387,017
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$603,732
Employer contributions (assets) at end of year2018-12-31$603,732
Employer contributions (assets) at beginning of year2018-12-31$547,485
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$1,505,129
Contract administrator fees2018-12-31$2,319
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31ST CLAIR CPAS P.C.
Accountancy firm EIN2018-12-31232653765
2017 : INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources (including contributions)2017-12-31$4,534,890
Total of all expenses incurred2017-12-31$571,288
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$569,255
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,655,807
Value of total assets at end of year2017-12-31$21,539,927
Value of total assets at beginning of year2017-12-31$17,576,325
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$2,033
Total interest from all sources2017-12-31$23,714
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Administrative expenses professional fees incurred2017-12-31$2,033
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$1,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$1,116,797
Participant contributions at end of year2017-12-31$209,561
Participant contributions at beginning of year2017-12-31$247,265
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$3,963,602
Value of net assets at end of year (total assets less liabilities)2017-12-31$21,539,927
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$17,576,325
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in pooled separate accounts at end of year2017-12-31$19,487,030
Value of interest in pooled separate accounts at beginning of year2017-12-31$15,577,317
Interest on participant loans2017-12-31$10,662
Interest earned on other investments2017-12-31$13,052
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$1,295,851
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$1,245,366
Net investment gain/loss from pooled separate accounts2017-12-31$2,855,369
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$539,010
Employer contributions (assets) at end of year2017-12-31$547,485
Employer contributions (assets) at beginning of year2017-12-31$506,377
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$569,255
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31ST CLAIR CPAS P.C.
Accountancy firm EIN2017-12-31232653765
2016 : INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources (including contributions)2016-12-31$2,828,769
Total of all expenses incurred2016-12-31$221,776
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$220,051
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,550,720
Value of total assets at end of year2016-12-31$17,576,325
Value of total assets at beginning of year2016-12-31$14,969,332
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$1,725
Total interest from all sources2016-12-31$25,661
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$1,023,240
Participant contributions at end of year2016-12-31$247,265
Participant contributions at beginning of year2016-12-31$208,531
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$21,103
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$2,606,993
Value of net assets at end of year (total assets less liabilities)2016-12-31$17,576,325
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$14,969,332
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in pooled separate accounts at end of year2016-12-31$15,577,317
Value of interest in pooled separate accounts at beginning of year2016-12-31$13,194,519
Interest on participant loans2016-12-31$11,269
Interest earned on other investments2016-12-31$14,392
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$1,245,366
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$1,088,715
Net investment gain/loss from pooled separate accounts2016-12-31$1,252,388
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$506,377
Employer contributions (assets) at end of year2016-12-31$506,377
Employer contributions (assets) at beginning of year2016-12-31$477,567
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$220,051
Contract administrator fees2016-12-31$1,725
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31ST CLAIR CPAS P.C.
Accountancy firm EIN2016-12-31232653765
2015 : INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources (including contributions)2015-12-31$1,226,690
Total of all expenses incurred2015-12-31$229,072
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$227,170
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$1,386,654
Value of total assets at end of year2015-12-31$14,969,332
Value of total assets at beginning of year2015-12-31$13,971,714
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$1,902
Total interest from all sources2015-12-31$20,435
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$1,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$935,456
Participant contributions at end of year2015-12-31$208,531
Participant contributions at beginning of year2015-12-31$162,200
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$997,618
Value of net assets at end of year (total assets less liabilities)2015-12-31$14,969,332
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$13,971,714
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in pooled separate accounts at end of year2015-12-31$13,194,519
Value of interest in pooled separate accounts at beginning of year2015-12-31$12,432,546
Interest on participant loans2015-12-31$9,125
Interest earned on other investments2015-12-31$11,310
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$1,088,715
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$963,439
Net investment gain/loss from pooled separate accounts2015-12-31$-180,399
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$451,198
Employer contributions (assets) at end of year2015-12-31$477,567
Employer contributions (assets) at beginning of year2015-12-31$413,529
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$227,170
Contract administrator fees2015-12-31$1,902
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31ST CLAIR CPAS P.C.
Accountancy firm EIN2015-12-31232653765
2014 : INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources (including contributions)2014-12-31$2,160,744
Total of all expenses incurred2014-12-31$321,827
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$308,548
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$1,268,688
Value of total assets at end of year2014-12-31$13,971,714
Value of total assets at beginning of year2014-12-31$12,132,797
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$13,279
Total interest from all sources2014-12-31$10,606
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Administrative expenses professional fees incurred2014-12-31$905
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$1,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$844,719
Participant contributions at end of year2014-12-31$162,200
Participant contributions at beginning of year2014-12-31$116,429
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$10,440
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$1,838,917
Value of net assets at end of year (total assets less liabilities)2014-12-31$13,971,714
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$12,132,797
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in pooled separate accounts at end of year2014-12-31$12,432,546
Value of interest in pooled separate accounts at beginning of year2014-12-31$11,543,113
Interest on participant loans2014-12-31$6,518
Interest earned on other investments2014-12-31$4,088
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2014-12-31$963,439
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-12-31$84,781
Net investment gain/loss from pooled separate accounts2014-12-31$881,450
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$413,529
Employer contributions (assets) at end of year2014-12-31$413,529
Employer contributions (assets) at beginning of year2014-12-31$388,474
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$308,548
Contract administrator fees2014-12-31$12,374
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31ST CLAIR CPAS P.C.
Accountancy firm EIN2014-12-31232653765
2013 : INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources (including contributions)2013-12-31$3,123,654
Total of all expenses incurred2013-12-31$589,251
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$572,121
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$1,197,400
Value of total assets at end of year2013-12-31$12,132,797
Value of total assets at beginning of year2013-12-31$9,598,394
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$17,130
Total interest from all sources2013-12-31$7,071
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Administrative expenses professional fees incurred2013-12-31$930
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$1,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$813,928
Participant contributions at end of year2013-12-31$116,429
Participant contributions at beginning of year2013-12-31$106,431
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$11,807
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$2,534,403
Value of net assets at end of year (total assets less liabilities)2013-12-31$12,132,797
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$9,598,394
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in pooled separate accounts at end of year2013-12-31$11,543,113
Value of interest in pooled separate accounts at beginning of year2013-12-31$9,059,519
Interest on participant loans2013-12-31$5,933
Interest earned on other investments2013-12-31$1,138
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$16,810
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$16,810
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$84,781
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$63,191
Net investment gain/loss from pooled separate accounts2013-12-31$1,919,183
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$371,665
Employer contributions (assets) at end of year2013-12-31$388,474
Employer contributions (assets) at beginning of year2013-12-31$352,443
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$572,121
Contract administrator fees2013-12-31$16,200
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31ST CLAIR CPAS P.C.
Accountancy firm EIN2013-12-31232653765
2012 : INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources (including contributions)2012-12-31$2,149,061
Total of all expenses incurred2012-12-31$424,170
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$409,494
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$1,070,825
Value of total assets at end of year2012-12-31$9,598,394
Value of total assets at beginning of year2012-12-31$7,873,503
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$14,676
Total interest from all sources2012-12-31$6,601
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Administrative expenses professional fees incurred2012-12-31$1,320
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$1,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$716,891
Participant contributions at end of year2012-12-31$106,431
Participant contributions at beginning of year2012-12-31$104,253
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$1,491
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$1,724,891
Value of net assets at end of year (total assets less liabilities)2012-12-31$9,598,394
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$7,873,503
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in pooled separate accounts at end of year2012-12-31$9,059,519
Value of interest in pooled separate accounts at beginning of year2012-12-31$7,412,181
Interest on participant loans2012-12-31$5,395
Interest earned on other investments2012-12-31$1,206
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$16,810
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$63,191
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$55,139
Net investment gain/loss from pooled separate accounts2012-12-31$1,071,635
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$352,443
Employer contributions (assets) at end of year2012-12-31$352,443
Employer contributions (assets) at beginning of year2012-12-31$301,930
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$409,494
Contract administrator fees2012-12-31$13,356
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31ST CLAIR CPAS P.C.
Accountancy firm EIN2012-12-31232653765
2011 : INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources (including contributions)2011-12-31$584,376
Total of all expenses incurred2011-12-31$147,859
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$128,163
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$914,421
Value of total assets at end of year2011-12-31$7,873,503
Value of total assets at beginning of year2011-12-31$7,436,986
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$19,696
Total interest from all sources2011-12-31$5,734
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Administrative expenses professional fees incurred2011-12-31$800
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$612,491
Participant contributions at end of year2011-12-31$104,253
Participant contributions at beginning of year2011-12-31$63,940
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$436,517
Value of net assets at end of year (total assets less liabilities)2011-12-31$7,873,503
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$7,436,986
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in pooled separate accounts at end of year2011-12-31$7,412,181
Value of interest in pooled separate accounts at beginning of year2011-12-31$7,067,406
Interest on participant loans2011-12-31$4,478
Interest earned on other investments2011-12-31$1,256
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$55,139
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$37,940
Net investment gain/loss from pooled separate accounts2011-12-31$-335,779
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$301,930
Employer contributions (assets) at end of year2011-12-31$301,930
Employer contributions (assets) at beginning of year2011-12-31$267,700
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$128,163
Contract administrator fees2011-12-31$18,896
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31ST CLAIR CPAS P.C.
Accountancy firm EIN2011-12-31232653765

Form 5500 Responses for INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN

2022: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingYes
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: INNOVATIVE SOFTWARE SOLUTIONS, 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 filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
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 - TrustYes
2020: INNOVATIVE SOFTWARE SOLUTIONS, 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 - TrustYes
2019: INNOVATIVE SOFTWARE SOLUTIONS, 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 – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number811963
Policy instance 1
Insurance contract or identification number811963
Number of Individuals Covered244
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $87,358
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contracts of type 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 BrokerUSD $87,358
Insurance broker organization code?3
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number811963
Policy instance 1
Insurance contract or identification number811963
Number of Individuals Covered228
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Insurance broker organization code?3
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number811963
Policy instance 1
Insurance contract or identification number811963
Number of Individuals Covered221
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $65,825
Total amount of fees paid to insurance companyUSD $12,793
Are there contracts with unallocated funds for contracts of type 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 BrokerUSD $65,825
Insurance broker organization code?3
Amount paid for insurance broker fees12793
Additional information about fees paid to insurance brokerTPA PARTNERSHIP PROGRAM
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number811963
Policy instance 1
Insurance contract or identification number811963
Number of Individuals Covered220
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $57,464
Total amount of fees paid to insurance companyUSD $11,144
Are there contracts with unallocated funds for contracts of type 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 BrokerUSD $57,464
Insurance broker organization code?3
Amount paid for insurance broker fees11144
Additional information about fees paid to insurance brokerTPA PARTNERSHIP PROGRAM
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number811963
Policy instance 1
Insurance contract or identification number811963
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $54,059
Total amount of fees paid to insurance companyUSD $10,767
Are there contracts with unallocated funds for contracts of type 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 BrokerUSD $54,059
Insurance broker organization code?3
Amount paid for insurance broker fees10767
Additional information about fees paid to insurance brokerTPA PARTNERSHIP PROGRAM
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number811963
Policy instance 1
Insurance contract or identification number811963
Number of Individuals Covered177
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $46,642
Total amount of fees paid to insurance companyUSD $9,005
Are there contracts with unallocated funds for contracts of type 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 BrokerUSD $46,642
Insurance broker organization code?3
Amount paid for insurance broker fees9005
Additional information about fees paid to insurance brokerTPA PARTNERSHIP PROGRAM - NOT FROM CONTRACT
Insurance broker nameFREEMAN RET PLAN CONSULTING LLC
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number811963
Policy instance 1
Insurance contract or identification number811963
Number of Individuals Covered158
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $35,083
Total amount of fees paid to insurance companyUSD $20,604
Are there contracts with unallocated funds for contracts of type 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 BrokerUSD $35,083
Insurance broker organization code?3
Amount paid for insurance broker fees20604
Additional information about fees paid to insurance brokerTPA PARTNERSHIP AND ALLIANCE COMPENSATION NOT FROM CONTRACT
Insurance broker nameSCOTT G FREEMAN
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number811963
Policy instance 1
Insurance contract or identification number811963
Number of Individuals Covered149
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $8,213
Total amount of fees paid to insurance companyUSD $29,624
Are there contracts with unallocated funds for contracts of type 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 BrokerUSD $8,213
Insurance broker organization code?3
Amount paid for insurance broker fees29624
Additional information about fees paid to insurance brokerTPA ALLIANCE/PARTNERSHIP PROGRAM NOT FROM CONTRACT
Insurance broker nameSCOTT G FREEMAN
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number17036
Policy instance 2
Insurance contract or identification number17036
Number of Individuals Covered0
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $20,590
Total amount of fees paid to insurance companyUSD $4,530
Are there contracts with unallocated funds for contracts of type 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 BrokerUSD $20,590
Insurance broker organization code?3
Amount paid for insurance broker fees905
Additional information about fees paid to insurance brokerTPA FEES
Insurance broker nameT. ROWE PRICE ASSOCIATES, INC.
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number17036
Policy instance 1
Insurance contract or identification number17036
Number of Individuals Covered150
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $25,826
Total amount of fees paid to insurance companyUSD $6,096
Are there contracts with unallocated funds for contracts of type 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 BrokerUSD $25,826
Insurance broker organization code?3
Amount paid for insurance broker fees930
Additional information about fees paid to insurance brokerTPA FEES
Insurance broker nameSCOTT FREEMAN RET. PLAN CONSULTING
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number17036
Policy instance 1
Insurance contract or identification number17036
Number of Individuals Covered137
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $21,316
Total amount of fees paid to insurance companyUSD $5,590
Are there contracts with unallocated funds for contracts of type 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 BrokerUSD $21,316
Insurance broker organization code?3
Amount paid for insurance broker fees1320
Additional information about fees paid to insurance brokerTPA FEES
Insurance broker nameSCOTT FREEMAN RET. PLAN CONSULTING
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number17036
Policy instance 1
Insurance contract or identification number17036
Number of Individuals Covered129
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $23,779
Total amount of fees paid to insurance companyUSD $4,563
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes

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