Logo

INNOVATIVE LABORATORY SYSTEMS, INC. 401K PROFIT SHARING PLAN 401k Plan overview

Plan NameINNOVATIVE LABORATORY SYSTEMS, INC. 401K PROFIT SHARING PLAN
Plan identification number 001

INNOVATIVE LABORATORY SYSTEMS, INC. 401K PROFIT SHARING 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.
  • Plan covering Self-Employed individuals.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

INNOVATIVE LABORATORY SYSTEMS, INC. has sponsored the creation of one or more 401k plans.

Company Name:INNOVATIVE LABORATORY SYSTEMS, INC.
Employer identification number (EIN):470722880
NAIC Classification:453990

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INNOVATIVE LABORATORY SYSTEMS, INC. 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01SHERI LAMB
0012011-01-01SHERI LAMB
0012009-01-01SHERI LAMB

Plan Statistics for INNOVATIVE LABORATORY SYSTEMS, INC. 401K PROFIT SHARING PLAN

401k plan membership statisitcs for INNOVATIVE LABORATORY SYSTEMS, INC. 401K PROFIT SHARING PLAN

Measure Date Value
2012: INNOVATIVE LABORATORY SYSTEMS, INC. 401K PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0124
Total number of active participants reported on line 7a of the Form 55002012-01-0118
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-0118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0118
Number of participants with account balances2012-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: INNOVATIVE LABORATORY SYSTEMS, INC. 401K PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0125
Total number of active participants reported on line 7a of the Form 55002011-01-0121
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-013
Total of all active and inactive participants2011-01-0124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0124
Number of participants with account balances2011-01-0123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: INNOVATIVE LABORATORY SYSTEMS, INC. 401K PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0124
Total number of active participants reported on line 7a of the Form 55002009-01-0124
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-011
Total of all active and inactive participants2009-01-0125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0125
Number of participants with account balances2009-01-0124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on INNOVATIVE LABORATORY SYSTEMS, INC. 401K PROFIT SHARING PLAN

Measure Date Value
2012 : INNOVATIVE LABORATORY SYSTEMS, INC. 401K PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$381,434
Expenses. Total of all expenses incurred2012-12-31$56,684
Benefits paid (including direct rollovers)2012-12-31$56,659
Total plan assets at end of year2012-12-31$2,038,701
Total plan assets at beginning of year2012-12-31$1,713,951
Value of fidelity bond covering the plan2012-12-31$10,000
Total contributions received or receivable from participants2012-12-31$102,951
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$278,483
Net income (gross income less expenses)2012-12-31$324,750
Net plan assets at end of year (total assets less liabilities)2012-12-31$2,038,701
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,713,951
Total contributions received or receivable from employer(s)2012-12-31$0
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$25
2011 : INNOVATIVE LABORATORY SYSTEMS, INC. 401K PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$63,011
Expenses. Total of all expenses incurred2011-12-31$48,788
Benefits paid (including direct rollovers)2011-12-31$48,763
Total plan assets at end of year2011-12-31$1,713,951
Total plan assets at beginning of year2011-12-31$1,699,728
Value of fidelity bond covering the plan2011-12-31$10,000
Total contributions received or receivable from participants2011-12-31$103,435
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-40,424
Net income (gross income less expenses)2011-12-31$14,223
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,713,951
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,699,728
Total contributions received or receivable from employer(s)2011-12-31$0
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$25
2010 : INNOVATIVE LABORATORY SYSTEMS, INC. 401K PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$311,218
Expenses. Total of all expenses incurred2010-12-31$1,972
Benefits paid (including direct rollovers)2010-12-31$1,972
Total plan assets at end of year2010-12-31$1,699,728
Total plan assets at beginning of year2010-12-31$1,390,482
Value of fidelity bond covering the plan2010-12-31$10,000
Total contributions received or receivable from participants2010-12-31$101,597
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$209,621
Net income (gross income less expenses)2010-12-31$309,246
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,699,728
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,390,482
Total contributions received or receivable from employer(s)2010-12-31$0
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0

Form 5500 Responses for INNOVATIVE LABORATORY SYSTEMS, INC. 401K PROFIT SHARING PLAN

2012: INNOVATIVE LABORATORY SYSTEMS, INC. 401K 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 – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: INNOVATIVE LABORATORY SYSTEMS, INC. 401K 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 – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: INNOVATIVE LABORATORY SYSTEMS, INC. 401K PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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