401k Plan data: SYNCHRONOUS AEROSPACE 401(K) PLAN plan

SYNCHRONOUS AEROSPACE 401(K) PLAN 401k Plan overview

Plan Name	SYNCHRONOUS AEROSPACE 401(K) PLAN
Plan identification number	002

SYNCHRONOUS AEROSPACE 401(K) PLAN Benefits

401k Plan Type

Defined 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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SYNCHRONOUS AEROSPACE has sponsored the creation of one or more 401k plans.

Company Name: SYNCHRONOUS AEROSPACE

Employer identification number (EIN): 481297787

NAIC Classification: 336410

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SYNCHRONOUS AEROSPACE 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2013-01-01 MARVIN LEE
002 2012-01-01 MARVIN LEE
002 2011-01-01 MARVIN LEE
002 2010-01-01 MARVIN LEE
002 2009-01-01 MARVIN LEE

Plan id#	Filing Submission Date	Name of Administrator
002	2013-01-01	MARVIN LEE
002	2012-01-01	MARVIN LEE
002	2011-01-01	MARVIN LEE
002	2010-01-01	MARVIN LEE
002	2009-01-01	MARVIN LEE

Plan Statistics for SYNCHRONOUS AEROSPACE 401(K) PLAN

401k plan membership statisitcs for SYNCHRONOUS AEROSPACE 401(K) PLAN

Measure Date Value
2013: SYNCHRONOUS AEROSPACE 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 835
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 0
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 0
Total of all active and inactive participants 2013-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 0
Number of participants with account balances 2013-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: SYNCHRONOUS AEROSPACE 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 879
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 511
Number of retired or separated participants receiving benefits 2012-01-01 1
Number of other retired or separated participants entitled to future benefits 2012-01-01 323
Total of all active and inactive participants 2012-01-01 835
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 835
Number of participants with account balances 2012-01-01 641
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 6
2011: SYNCHRONOUS AEROSPACE 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 835
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 485
Number of retired or separated participants receiving benefits 2011-01-01 1
Number of other retired or separated participants entitled to future benefits 2011-01-01 356
Total of all active and inactive participants 2011-01-01 842
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 842
Number of participants with account balances 2011-01-01 632
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 9
2010: SYNCHRONOUS AEROSPACE 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 624
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 483
Number of retired or separated participants receiving benefits 2010-01-01 1
Number of other retired or separated participants entitled to future benefits 2010-01-01 326
Total of all active and inactive participants 2010-01-01 810
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 810
Number of participants with account balances 2010-01-01 637
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 14
2009: SYNCHRONOUS AEROSPACE 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 640
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 483
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 118
Total of all active and inactive participants 2009-01-01 601
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 601
Number of participants with account balances 2009-01-01 599
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 7

Measure	Date	Value
2013: SYNCHRONOUS AEROSPACE 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	835
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	0
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	0
Total of all active and inactive participants	2013-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	0
Number of participants with account balances	2013-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: SYNCHRONOUS AEROSPACE 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	879
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	511
Number of retired or separated participants receiving benefits	2012-01-01	1
Number of other retired or separated participants entitled to future benefits	2012-01-01	323
Total of all active and inactive participants	2012-01-01	835
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	835
Number of participants with account balances	2012-01-01	641
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	6
2011: SYNCHRONOUS AEROSPACE 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	835
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	485
Number of retired or separated participants receiving benefits	2011-01-01	1
Number of other retired or separated participants entitled to future benefits	2011-01-01	356
Total of all active and inactive participants	2011-01-01	842
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	842
Number of participants with account balances	2011-01-01	632
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	9
2010: SYNCHRONOUS AEROSPACE 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	624
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	483
Number of retired or separated participants receiving benefits	2010-01-01	1
Number of other retired or separated participants entitled to future benefits	2010-01-01	326
Total of all active and inactive participants	2010-01-01	810
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	810
Number of participants with account balances	2010-01-01	637
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	14
2009: SYNCHRONOUS AEROSPACE 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	640
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	483
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	118
Total of all active and inactive participants	2009-01-01	601
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	601
Number of participants with account balances	2009-01-01	599
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	7

Financial Data on SYNCHRONOUS AEROSPACE 401(K) PLAN

Measure	Date	Value
2013 : SYNCHRONOUS AEROSPACE 401(K) PLAN 2013 401k financial data
Total transfer of assets from this plan	2013-12-31	$19,532,875
Total income from all sources (including contributions)	2013-12-31	$4,469,530
Total of all expenses incurred	2013-12-31	$1,799,189
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$1,723,089
Expenses. Certain deemed distributions of participant loans	2013-12-31	$10,686
Value of total corrective distributions	2013-12-31	$18,516
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$1,561,758
Value of total assets at end of year	2013-12-31	$0
Value of total assets at beginning of year	2013-12-31	$16,862,534
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$46,898
Total interest from all sources	2013-12-31	$73,022
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$289,063
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2013-12-31	$0
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$289,063
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$500,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$1,115,681
Participant contributions at end of year	2013-12-31	$0
Participant contributions at beginning of year	2013-12-31	$584,736
Participant contributions at end of year	2013-12-31	$0
Participant contributions at beginning of year	2013-12-31	$935
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$28,393
Value of other receiveables (less allowance for doubtful accounts) at end of year	2013-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2013-12-31	$561
Administrative expenses (other) incurred	2013-12-31	$46,898
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$2,670,341
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$16,862,534
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$12,792,199
Interest on participant loans	2013-12-31	$23,851
Interest earned on other investments	2013-12-31	$49,171
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2013-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$59,243
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$59,243
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2013-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2013-12-31	$3,424,500
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$2,545,687
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$417,684
Employer contributions (assets) at end of year	2013-12-31	$0
Employer contributions (assets) at beginning of year	2013-12-31	$360
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$1,723,089
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	2013-12-31	No
Did the plan have assets held for investment	2013-12-31	No
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	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	FARBER HASS HURLEY LLP
Accountancy firm EIN	2013-12-31	204207759
2012 : SYNCHRONOUS AEROSPACE 401(K) PLAN 2012 401k financial data
Total income from all sources (including contributions)	2012-12-31	$3,098,310
Total of all expenses incurred	2012-12-31	$2,747,298
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$2,704,256
Expenses. Certain deemed distributions of participant loans	2012-12-31	$4,888
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$1,386,405
Value of total assets at end of year	2012-12-31	$16,862,534
Value of total assets at beginning of year	2012-12-31	$16,511,522
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$38,154
Total interest from all sources	2012-12-31	$83,959
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$262,507
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$262,507
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$500,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$1,000,416
Participant contributions at end of year	2012-12-31	$584,736
Participant contributions at beginning of year	2012-12-31	$697,771
Participant contributions at end of year	2012-12-31	$935
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$3,035
Value of other receiveables (less allowance for doubtful accounts) at end of year	2012-12-31	$561
Administrative expenses (other) incurred	2012-12-31	$38,154
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$351,012
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$16,862,534
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$16,511,522
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$12,792,199
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$12,386,500
Interest on participant loans	2012-12-31	$28,180
Interest earned on other investments	2012-12-31	$55,774
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$59,243
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$51,446
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$51,446
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-12-31	$5
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2012-12-31	$3,424,500
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2012-12-31	$3,375,805
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$1,365,439
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$382,954
Employer contributions (assets) at end of year	2012-12-31	$360
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$2,704,256
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	2012-12-31	No
Did the plan have assets held for investment	2012-12-31	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	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	FARBER HASS HURLEY LLP
Accountancy firm EIN	2012-12-31	204207759
2011 : SYNCHRONOUS AEROSPACE 401(K) PLAN 2011 401k financial data
Total income from all sources (including contributions)	2011-12-31	$721,852
Total of all expenses incurred	2011-12-31	$1,961,052
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$1,767,162
Expenses. Certain deemed distributions of participant loans	2011-12-31	$159,951
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$1,038,964
Value of total assets at end of year	2011-12-31	$16,511,522
Value of total assets at beginning of year	2011-12-31	$17,750,722
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$33,939
Total interest from all sources	2011-12-31	$112,659
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$228,291
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$228,291
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$872,857
Participant contributions at end of year	2011-12-31	$697,771
Participant contributions at beginning of year	2011-12-31	$780,484
Participant contributions at beginning of year	2011-12-31	$13,170
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$26,578
Administrative expenses (other) incurred	2011-12-31	$33,939
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-1,239,200
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$16,511,522
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$17,750,722
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$12,386,500
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$13,908,740
Interest on participant loans	2011-12-31	$37,331
Interest earned on other investments	2011-12-31	$75,323
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$51,446
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$50,090
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$50,090
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$5
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2011-12-31	$3,375,805
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-12-31	$2,996,251
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-658,062
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$139,529
Employer contributions (assets) at beginning of year	2011-12-31	$1,987
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$1,767,162
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	2011-12-31	No
Did the plan have assets held for investment	2011-12-31	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	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	FARBER HASS HURLEY LLP
Accountancy firm EIN	2011-12-31	204207759
2010 : SYNCHRONOUS AEROSPACE 401(K) PLAN 2010 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$20,636
Total income from all sources (including contributions)	2010-12-31	$3,277,401
Total of all expenses incurred	2010-12-31	$2,409,393
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$2,163,260
Expenses. Certain deemed distributions of participant loans	2010-12-31	$214,859
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$1,030,185
Value of total assets at end of year	2010-12-31	$17,750,722
Value of total assets at beginning of year	2010-12-31	$16,903,350
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$31,274
Total interest from all sources	2010-12-31	$142,978
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$260,048
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$260,048
Administrative expenses professional fees incurred	2010-12-31	$3,300
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$868,620
Participant contributions at end of year	2010-12-31	$780,484
Participant contributions at beginning of year	2010-12-31	$687,464
Participant contributions at end of year	2010-12-31	$13,170
Participant contributions at beginning of year	2010-12-31	$6,050
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$20,453
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$1,986,596
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2010-12-31	$20,636
Administrative expenses (other) incurred	2010-12-31	$27,974
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$868,008
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$17,750,722
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$16,882,714
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$13,908,740
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$11,293,521
Interest on participant loans	2010-12-31	$53,987
Interest earned on other investments	2010-12-31	$88,987
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$50,090
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$30,671
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$30,671
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$4
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2010-12-31	$2,996,251
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2010-12-31	$2,898,451
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$1,844,190
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$141,112
Employer contributions (assets) at end of year	2010-12-31	$1,987
Employer contributions (assets) at beginning of year	2010-12-31	$597
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$2,163,260
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	2010-12-31	No
Did the plan have assets held for investment	2010-12-31	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	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	FARBER HASS HURLEY LLP
Accountancy firm EIN	2010-12-31	204207759
2009 : SYNCHRONOUS AEROSPACE 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for SYNCHRONOUS AEROSPACE 401(K) PLAN

2013: SYNCHRONOUS AEROSPACE 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	This submission is the final filing	Yes
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: SYNCHRONOUS AEROSPACE 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: SYNCHRONOUS AEROSPACE 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: SYNCHRONOUS AEROSPACE 401(K) PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: SYNCHRONOUS AEROSPACE 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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

Company Name:	SYNCHRONOUS AEROSPACE
Employer identification number (EIN):	481297787
NAIC Classification:	336410