Logo

KORVIS LLC 401K PLAN 401k Plan overview

Plan NameKORVIS LLC 401K PLAN
Plan identification number 001

KORVIS LLC 401K PLAN Benefits

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

401k Sponsoring company profile

KORVIS LLC has sponsored the creation of one or more 401k plans.

Company Name:KORVIS LLC
Employer identification number (EIN):454106455
NAIC Classification:334410

Additional information about KORVIS LLC

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 5081977

More information about KORVIS LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan KORVIS LLC 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01LORI HAY2024-05-30
0012022-01-01LORI HAY2023-05-25
0012021-01-01LORI HAY2022-06-06
0012020-01-01LORI HAY2021-08-02
0012019-01-01LORI HAY2020-07-14
0012018-01-01LORI HAY2019-07-10
0012017-01-01LORI HAY2018-06-25
0012016-01-01LORI HAY
0012015-01-01LORI HAY
0012015-01-01LORI HAY
0012014-01-01LORI HAY
0012014-01-01LORI HAY
0012013-01-01LORI HAY2014-05-30
0012012-01-01LORI HAY2013-06-18

Plan Statistics for KORVIS LLC 401K PLAN

401k plan membership statisitcs for KORVIS LLC 401K PLAN

Measure Date Value
2016: KORVIS LLC 401K PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01136
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-011
Total of all active and inactive participants2016-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-012
Number of participants with account balances2016-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: KORVIS LLC 401K PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01151
Total number of active participants reported on line 7a of the Form 55002015-01-01120
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0119
Total of all active and inactive participants2015-01-01139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011
Total participants2015-01-01140
Number of participants with account balances2015-01-01134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-018
2014: KORVIS LLC 401K PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01124
Total number of active participants reported on line 7a of the Form 55002014-01-01123
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0125
Total of all active and inactive participants2014-01-01148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-01149
Number of participants with account balances2014-01-01121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-014

Financial Data on KORVIS LLC 401K PLAN

Measure Date Value
2016 : KORVIS LLC 401K PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$0
Total transfer of assets from this plan2016-12-31$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$574,166
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$4,276,878
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$4,267,877
Value of total corrective distributions2016-12-31$1,376
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$337,836
Value of total assets at end of year2016-12-31$698
Value of total assets at beginning of year2016-12-31$3,703,410
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$7,625
Total interest from all sources2016-12-31$4,036
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$17,295
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2016-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$17,295
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$371,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$222,836
Participant contributions at beginning of year2016-12-31$121,659
Administrative expenses (other) incurred2016-12-31$7,625
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-3,702,712
Value of net assets at end of year (total assets less liabilities)2016-12-31$698
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$3,703,410
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 registered invesment companies (eg mutual funds) at end of year2016-12-31$367
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$3,188,909
Interest on participant loans2016-12-31$4,036
Value of interest in common/collective trusts at end of year2016-12-31$331
Value of interest in common/collective trusts at beginning of year2016-12-31$392,842
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$214,203
Net investment gain or loss from common/collective trusts2016-12-31$796
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$115,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$4,267,877
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 name2016-12-31ALRICH CPA'S & ADVISORS LLP
Accountancy firm EIN2016-12-31930623286
2015 : KORVIS LLC 401K PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total transfer of assets to this plan2015-12-31$0
Total transfer of assets from this plan2015-12-31$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$560,365
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$40,421
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$38,946
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$596,097
Value of total assets at end of year2015-12-31$3,703,410
Value of total assets at beginning of year2015-12-31$3,183,466
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$1,475
Total interest from all sources2015-12-31$5,582
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$129,806
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$129,806
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$319,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$343,275
Participant contributions at end of year2015-12-31$121,659
Participant contributions at beginning of year2015-12-31$71,239
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$133,945
Administrative expenses (other) incurred2015-12-31$1,475
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$519,944
Value of net assets at end of year (total assets less liabilities)2015-12-31$3,703,410
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$3,183,466
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 registered invesment companies (eg mutual funds) at end of year2015-12-31$3,188,909
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$2,750,902
Interest on participant loans2015-12-31$5,582
Value of interest in common/collective trusts at end of year2015-12-31$392,842
Value of interest in common/collective trusts at beginning of year2015-12-31$361,325
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-171,637
Net investment gain or loss from common/collective trusts2015-12-31$517
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$118,877
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$38,946
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 name2015-12-31AKT
Accountancy firm EIN2015-12-31930623286
2014 : KORVIS LLC 401K PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total transfer of assets to this plan2014-12-31$0
Total transfer of assets from this plan2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$572,598
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$153,574
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$152,624
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$367,770
Value of total assets at end of year2014-12-31$3,183,466
Value of total assets at beginning of year2014-12-31$2,764,442
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$950
Total interest from all sources2014-12-31$2,832
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$150,095
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$150,095
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$277,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$275,128
Participant contributions at end of year2014-12-31$71,239
Participant contributions at beginning of year2014-12-31$36,265
Administrative expenses (other) incurred2014-12-31$950
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$419,024
Value of net assets at end of year (total assets less liabilities)2014-12-31$3,183,466
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$2,764,442
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 registered invesment companies (eg mutual funds) at end of year2014-12-31$2,750,902
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$2,382,005
Interest on participant loans2014-12-31$2,832
Value of interest in common/collective trusts at end of year2014-12-31$361,325
Value of interest in common/collective trusts at beginning of year2014-12-31$346,172
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$48,076
Net investment gain or loss from common/collective trusts2014-12-31$3,825
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$92,642
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$152,624
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 name2014-12-31STOVER NEYHART
Accountancy firm EIN2014-12-31123456789

Form 5500 Responses for KORVIS LLC 401K PLAN

2016: KORVIS LLC 401K 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 – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: KORVIS LLC 401K PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedYes
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 – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: KORVIS LLC 401K 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 – TrustYes
2014-01-01Plan benefit arrangement - TrustYes

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1