NETSYNC NETWORK SOLUTIONS, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan NETSYNC NETWORK SOLUTIONS 401(K) PLAN
| Measure | Date | Value |
|---|
| 2019 : NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-08-30 | $0 |
| Total transfer of assets from this plan | 2019-08-30 | $4,086,561 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-08-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-08-30 | $0 |
| Total income from all sources (including contributions) | 2019-08-30 | $1,004,976 |
| Total loss/gain on sale of assets | 2019-08-30 | $0 |
| Total of all expenses incurred | 2019-08-30 | $589,909 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-08-30 | $587,377 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-08-30 | $491,836 |
| Value of total assets at end of year | 2019-08-30 | $0 |
| Value of total assets at beginning of year | 2019-08-30 | $3,671,494 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-08-30 | $2,532 |
| Total interest from all sources | 2019-08-30 | $3,244 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-08-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-08-30 | No |
| Was this plan covered by a fidelity bond | 2019-08-30 | Yes |
| Value of fidelity bond cover | 2019-08-30 | $150,000 |
| If this is an individual account plan, was there a blackout period | 2019-08-30 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-08-30 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-08-30 | No |
| Contributions received from participants | 2019-08-30 | $354,546 |
| Participant contributions at end of year | 2019-08-30 | $0 |
| Participant contributions at beginning of year | 2019-08-30 | $118,798 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-08-30 | No |
| Value of net income/loss | 2019-08-30 | $415,067 |
| Value of net assets at end of year (total assets less liabilities) | 2019-08-30 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-08-30 | $3,671,494 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-08-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-08-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-08-30 | No |
| Value of interest in pooled separate accounts at end of year | 2019-08-30 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2019-08-30 | $3,438,283 |
| Interest on participant loans | 2019-08-30 | $2,065 |
| Interest earned on other investments | 2019-08-30 | $1,179 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-08-30 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-08-30 | $114,413 |
| Net investment gain/loss from pooled separate accounts | 2019-08-30 | $509,896 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-08-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-08-30 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2019-08-30 | No |
| Contributions received in cash from employer | 2019-08-30 | $137,290 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-08-30 | $587,377 |
| Contract administrator fees | 2019-08-30 | $2,532 |
| 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 | 2019-08-30 | Yes |
| Did the plan have assets held for investment | 2019-08-30 | 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 | 2019-08-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-08-30 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-08-30 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-08-30 | Disclaimer |
| Accountancy firm name | 2019-08-30 | SUMMIT CPA GROUP, LLC |
| Accountancy firm EIN | 2019-08-30 | 113730001 |
| 2018 : NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $913,617 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $273,557 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $271,797 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $1,197,197 |
| Value of total assets at end of year | 2018-12-31 | $3,671,494 |
| Value of total assets at beginning of year | 2018-12-31 | $3,031,434 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $1,760 |
| Total interest from all sources | 2018-12-31 | $6,029 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $150,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $763,943 |
| Participant contributions at end of year | 2018-12-31 | $118,798 |
| Participant contributions at beginning of year | 2018-12-31 | $74,676 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $84,895 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $640,060 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $3,671,494 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $3,031,434 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2018-12-31 | $3,438,283 |
| Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $2,874,233 |
| Interest on participant loans | 2018-12-31 | $4,536 |
| Interest earned on other investments | 2018-12-31 | $1,493 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $114,413 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $82,525 |
| Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-289,609 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $348,359 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $271,797 |
| Contract administrator fees | 2018-12-31 | $1,760 |
| Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | SUMMIT CPA GROUP, LLC |
| Accountancy firm EIN | 2018-12-31 | 113730001 |
| 2017 : NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total income from all sources (including contributions) | 2017-12-31 | $1,494,173 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $79,808 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $76,576 |
| Value of total corrective distributions | 2017-12-31 | $1,643 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $1,134,312 |
| Value of total assets at end of year | 2017-12-31 | $3,031,434 |
| Value of total assets at beginning of year | 2017-12-31 | $1,617,069 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $1,589 |
| Total interest from all sources | 2017-12-31 | $3,748 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $150,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $613,942 |
| Participant contributions at end of year | 2017-12-31 | $74,676 |
| Participant contributions at beginning of year | 2017-12-31 | $28,429 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $236,561 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $1,414,365 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $3,031,434 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $1,617,069 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2017-12-31 | $2,874,233 |
| Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $1,527,534 |
| Interest on participant loans | 2017-12-31 | $2,833 |
| Interest earned on other investments | 2017-12-31 | $915 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $82,525 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $61,106 |
| Net investment gain/loss from pooled separate accounts | 2017-12-31 | $356,113 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $283,809 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $76,576 |
| Contract administrator fees | 2017-12-31 | $1,589 |
| Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | SUMMIT CPA GROUP, LLC |
| Accountancy firm EIN | 2017-12-31 | 113730001 |
| 2016 : NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total income from all sources (including contributions) | 2016-12-31 | $1,014,841 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $39,102 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $37,511 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $920,604 |
| Value of total assets at end of year | 2016-12-31 | $1,617,069 |
| Value of total assets at beginning of year | 2016-12-31 | $641,330 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $1,591 |
| Total interest from all sources | 2016-12-31 | $482 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $150,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $469,085 |
| Participant contributions at end of year | 2016-12-31 | $28,429 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $199,244 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $975,739 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $1,617,069 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $641,330 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2016-12-31 | $1,527,534 |
| Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $632,800 |
| Interest on participant loans | 2016-12-31 | $159 |
| Interest earned on other investments | 2016-12-31 | $323 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $61,106 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $8,530 |
| Net investment gain/loss from pooled separate accounts | 2016-12-31 | $93,755 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Contributions received in cash from employer | 2016-12-31 | $252,275 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $37,511 |
| Contract administrator fees | 2016-12-31 | $1,591 |
| Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | SUMMIT CPA GROUP, LLC |
| Accountancy firm EIN | 2016-12-31 | 113730001 |
| 2015 : NETSYNC NETWORK SOLUTIONS 401(K) PLAN 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total income from all sources (including contributions) | 2015-12-31 | $647,894 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $6,564 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $5,264 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $662,514 |
| Value of total assets at end of year | 2015-12-31 | $641,330 |
| Value of total assets at beginning of year | 2015-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $1,300 |
| Total interest from all sources | 2015-12-31 | $39 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Administrative expenses professional fees incurred | 2015-12-31 | $1,300 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $150,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $366,978 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $76,608 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $641,330 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $641,330 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2015-12-31 | $632,800 |
| Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $0 |
| Interest earned on other investments | 2015-12-31 | $39 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $8,530 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $0 |
| Net investment gain/loss from pooled separate accounts | 2015-12-31 | $-14,659 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Contributions received in cash from employer | 2015-12-31 | $218,928 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $5,264 |
| Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | AIM ACCOUNTING & TAX |
| Accountancy firm EIN | 2015-12-31 | 464407617 |