HI-TECH CAPITAL HOLDINGS, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan HI-TECH CAPITAL HOLDINGS, INC. 401(K) PLAN
401k plan membership statisitcs for HI-TECH CAPITAL HOLDINGS, INC. 401(K) PLAN
| Measure | Date | Value |
|---|
| 2017 : HI-TECH CAPITAL HOLDINGS, INC. 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 | $2,602,725 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $268,592 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $205,498 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $1,014,394 |
| Value of total assets at end of year | 2017-12-31 | $12,203,369 |
| Value of total assets at beginning of year | 2017-12-31 | $9,869,236 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $63,094 |
| Total interest from all sources | 2017-12-31 | $20,199 |
| 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 | $500,000 |
| 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 | $653,677 |
| Participant contributions at end of year | 2017-12-31 | $486,915 |
| Participant contributions at beginning of year | 2017-12-31 | $463,841 |
| Participant contributions at end of year | 2017-12-31 | $14,355 |
| Participant contributions at beginning of year | 2017-12-31 | $20,043 |
| Total non interest bearing cash at end of year | 2017-12-31 | $1,869 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $2,334,133 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $12,203,369 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $9,869,236 |
| 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 registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $9,369,176 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $7,475,845 |
| Interest on participant loans | 2017-12-31 | $20,199 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $2,308,123 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $1,894,037 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $1,300,352 |
| Net investment gain or loss from common/collective trusts | 2017-12-31 | $267,780 |
| 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 | No |
| 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 | $360,717 |
| Employer contributions (assets) at end of year | 2017-12-31 | $22,931 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $15,470 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $205,498 |
| Contract administrator fees | 2017-12-31 | $63,094 |
| 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 | SAMYN & MARTIN, LLC |
| Accountancy firm EIN | 2017-12-31 | 431679261 |
| 2016 : HI-TECH CAPITAL HOLDINGS, INC. 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 | $1,761,862 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $218,353 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $166,195 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $1,017,063 |
| Value of total assets at end of year | 2016-12-31 | $9,869,236 |
| Value of total assets at beginning of year | 2016-12-31 | $8,325,727 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $52,158 |
| Total interest from all sources | 2016-12-31 | $13,717 |
| 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 |
| Administrative expenses professional fees incurred | 2016-12-31 | $52,158 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $500,000 |
| 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 | $646,365 |
| Participant contributions at end of year | 2016-12-31 | $463,841 |
| Participant contributions at beginning of year | 2016-12-31 | $281,785 |
| Participant contributions at end of year | 2016-12-31 | $20,043 |
| Participant contributions at beginning of year | 2016-12-31 | $14,691 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $23,717 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $1,543,509 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $9,869,236 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $8,325,727 |
| 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 registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $7,475,845 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $2,568,766 |
| Interest on participant loans | 2016-12-31 | $13,717 |
| Value of interest in common/collective trusts at end of year | 2016-12-31 | $1,894,037 |
| Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $5,446,803 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $396,882 |
| Net investment gain or loss from common/collective trusts | 2016-12-31 | $334,200 |
| 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 | No |
| 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 | $346,981 |
| Employer contributions (assets) at end of year | 2016-12-31 | $15,470 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $13,682 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $166,195 |
| 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 | SAMYN & MARTIN, LLC |
| Accountancy firm EIN | 2016-12-31 | 431679261 |
