401k Plan data: INTERVID, INC. PROFIT SHARING PLAN plan

INTERVID, INC. PROFIT SHARING PLAN 401k Plan overview

Plan Name	INTERVID, INC. PROFIT SHARING PLAN
Plan identification number	002

INTERVID, INC. PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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

INTERVID, INC. has sponsored the creation of one or more 401k plans.

Company Name: INTERVID, INC.

Employer identification number (EIN): 521368578

NAIC Classification: 454390
NAIC Description: Other Direct Selling Establishments

Additional information about INTERVID, INC.

Jurisdiction of Incorporation: Vermont Secretary of State Corporations Division

Incorporation Date: 2009-07-08

Company Identification Number: 88098

Legal Registered Office Address: 400 CORNERSTONE DR #240

WILLISTON
United States of America (USA)
05495

More information about INTERVID, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INTERVID, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2019-07-01
002 2018-07-01
002 2017-07-01
002 2016-07-01 KEVIN CORNES KEVIN CORNES 2017-12-28
002 2015-07-01 KEVIN CORNES KEVIN CORNES 2017-04-14
002 2013-07-01 COLLIN STEYN COLLIN STEYN 2015-04-13
002 2013-04-24 KEVIN CORNES KEVIN CORNES 2014-10-01

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
002	2019-07-01
002	2018-07-01
002	2017-07-01
002	2016-07-01	KEVIN CORNES	KEVIN CORNES	2017-12-28
002	2015-07-01	KEVIN CORNES	KEVIN CORNES	2017-04-14
002	2013-07-01	COLLIN STEYN	COLLIN STEYN	2015-04-13
002	2013-04-24	KEVIN CORNES	KEVIN CORNES	2014-10-01

Plan Statistics for INTERVID, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for INTERVID, INC. PROFIT SHARING PLAN

Measure Date Value
2019: INTERVID, INC. PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-07-01 12
Total number of active participants reported on line 7a of the Form 5500 2019-07-01 11
Number of retired or separated participants receiving benefits 2019-07-01 0
Number of other retired or separated participants entitled to future benefits 2019-07-01 0
Total of all active and inactive participants 2019-07-01 11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-07-01 0
Total participants 2019-07-01 11
Number of participants with account balances 2019-07-01 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-07-01 0
2018: INTERVID, INC. PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year 2018-07-01 11
Total number of active participants reported on line 7a of the Form 5500 2018-07-01 12
Number of retired or separated participants receiving benefits 2018-07-01 0
Number of other retired or separated participants entitled to future benefits 2018-07-01 0
Total of all active and inactive participants 2018-07-01 12
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-07-01 0
Total participants 2018-07-01 12
Number of participants with account balances 2018-07-01 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-07-01 0
2017: INTERVID, INC. PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year 2017-07-01 13
Total number of active participants reported on line 7a of the Form 5500 2017-07-01 10
Number of retired or separated participants receiving benefits 2017-07-01 0
Number of other retired or separated participants entitled to future benefits 2017-07-01 1
Total of all active and inactive participants 2017-07-01 11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-07-01 0
Total participants 2017-07-01 11
Number of participants with account balances 2017-07-01 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-07-01 0
2016: INTERVID, INC. PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year 2016-07-01 15
Total number of active participants reported on line 7a of the Form 5500 2016-07-01 12
Number of retired or separated participants receiving benefits 2016-07-01 0
Number of other retired or separated participants entitled to future benefits 2016-07-01 1
Total of all active and inactive participants 2016-07-01 13
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-07-01 0
Total participants 2016-07-01 13
Number of participants with account balances 2016-07-01 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-07-01 0
2015: INTERVID, INC. PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year 2015-07-01 15
Total number of active participants reported on line 7a of the Form 5500 2015-07-01 14
Number of retired or separated participants receiving benefits 2015-07-01 0
Number of other retired or separated participants entitled to future benefits 2015-07-01 1
Total of all active and inactive participants 2015-07-01 15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-07-01 0
Total participants 2015-07-01 15
Number of participants with account balances 2015-07-01 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-07-01 0
2013: INTERVID, INC. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-07-01 2
Total number of active participants reported on line 7a of the Form 5500 2013-07-01 19
Number of retired or separated participants receiving benefits 2013-07-01 0
Number of other retired or separated participants entitled to future benefits 2013-07-01 0
Total of all active and inactive participants 2013-07-01 19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-07-01 0
Total participants 2013-07-01 19
Number of participants with account balances 2013-07-01 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-07-01 0
Total participants, beginning-of-year 2013-04-24 2
Total number of active participants reported on line 7a of the Form 5500 2013-04-24 2
Number of retired or separated participants receiving benefits 2013-04-24 0
Number of other retired or separated participants entitled to future benefits 2013-04-24 0
Total of all active and inactive participants 2013-04-24 2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-04-24 0
Total participants 2013-04-24 2
Number of participants with account balances 2013-04-24 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-04-24 0

Measure	Date	Value
2019: INTERVID, INC. PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-07-01	12
Total number of active participants reported on line 7a of the Form 5500	2019-07-01	11
Number of retired or separated participants receiving benefits	2019-07-01	0
Number of other retired or separated participants entitled to future benefits	2019-07-01	0
Total of all active and inactive participants	2019-07-01	11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-07-01	0
Total participants	2019-07-01	11
Number of participants with account balances	2019-07-01	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-07-01	0
2018: INTERVID, INC. PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year	2018-07-01	11
Total number of active participants reported on line 7a of the Form 5500	2018-07-01	12
Number of retired or separated participants receiving benefits	2018-07-01	0
Number of other retired or separated participants entitled to future benefits	2018-07-01	0
Total of all active and inactive participants	2018-07-01	12
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-07-01	0
Total participants	2018-07-01	12
Number of participants with account balances	2018-07-01	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-07-01	0
2017: INTERVID, INC. PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year	2017-07-01	13
Total number of active participants reported on line 7a of the Form 5500	2017-07-01	10
Number of retired or separated participants receiving benefits	2017-07-01	0
Number of other retired or separated participants entitled to future benefits	2017-07-01	1
Total of all active and inactive participants	2017-07-01	11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-07-01	0
Total participants	2017-07-01	11
Number of participants with account balances	2017-07-01	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-07-01	0
2016: INTERVID, INC. PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year	2016-07-01	15
Total number of active participants reported on line 7a of the Form 5500	2016-07-01	12
Number of retired or separated participants receiving benefits	2016-07-01	0
Number of other retired or separated participants entitled to future benefits	2016-07-01	1
Total of all active and inactive participants	2016-07-01	13
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-07-01	0
Total participants	2016-07-01	13
Number of participants with account balances	2016-07-01	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-07-01	0
2015: INTERVID, INC. PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year	2015-07-01	15
Total number of active participants reported on line 7a of the Form 5500	2015-07-01	14
Number of retired or separated participants receiving benefits	2015-07-01	0
Number of other retired or separated participants entitled to future benefits	2015-07-01	1
Total of all active and inactive participants	2015-07-01	15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-07-01	0
Total participants	2015-07-01	15
Number of participants with account balances	2015-07-01	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-07-01	0
2013: INTERVID, INC. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-07-01	2
Total number of active participants reported on line 7a of the Form 5500	2013-07-01	19
Number of retired or separated participants receiving benefits	2013-07-01	0
Number of other retired or separated participants entitled to future benefits	2013-07-01	0
Total of all active and inactive participants	2013-07-01	19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-07-01	0
Total participants	2013-07-01	19
Number of participants with account balances	2013-07-01	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-07-01	0
Total participants, beginning-of-year	2013-04-24	2
Total number of active participants reported on line 7a of the Form 5500	2013-04-24	2
Number of retired or separated participants receiving benefits	2013-04-24	0
Number of other retired or separated participants entitled to future benefits	2013-04-24	0
Total of all active and inactive participants	2013-04-24	2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-04-24	0
Total participants	2013-04-24	2
Number of participants with account balances	2013-04-24	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-04-24	0

Financial Data on INTERVID, INC. PROFIT SHARING PLAN

Measure	Date	Value
2020 : INTERVID, INC. PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources	2020-06-30	$-658
Total plan assets at end of year	2020-06-30	$1,034
Total plan assets at beginning of year	2020-06-30	$1,692
Other income received	2020-06-30	$-658
Net income (gross income less expenses)	2020-06-30	$-658
Net plan assets at end of year (total assets less liabilities)	2020-06-30	$1,034
Net plan assets at beginning of year (total assets less liabilities)	2020-06-30	$1,692
Assets. Value of employer securities	2020-06-30	$1,008
2019 : INTERVID, INC. PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources	2019-06-30	$-556
Total plan assets at end of year	2019-06-30	$1,692
Total plan assets at beginning of year	2019-06-30	$2,248
Other income received	2019-06-30	$-556
Net income (gross income less expenses)	2019-06-30	$-556
Net plan assets at end of year (total assets less liabilities)	2019-06-30	$1,692
Net plan assets at beginning of year (total assets less liabilities)	2019-06-30	$2,248
Assets. Value of employer securities	2019-06-30	$1,666
2017 : INTERVID, INC. PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources	2017-06-30	$439
Expenses. Total of all expenses incurred	2017-06-30	$0
Total plan assets at end of year	2017-06-30	$2,617
Total plan assets at beginning of year	2017-06-30	$2,178
Value of fidelity bond covering the plan	2017-06-30	$10,000
Total contributions received or receivable from participants	2017-06-30	$0
Expenses. Other expenses not covered elsewhere	2017-06-30	$0
Contributions received from other sources (not participants or employers)	2017-06-30	$0
Other income received	2017-06-30	$439
Net income (gross income less expenses)	2017-06-30	$439
Net plan assets at end of year (total assets less liabilities)	2017-06-30	$2,617
Net plan assets at beginning of year (total assets less liabilities)	2017-06-30	$2,178
Assets. Value of employer securities	2017-06-30	$2,592
Total contributions received or receivable from employer(s)	2017-06-30	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2017-06-30	$0
2016 : INTERVID, INC. PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources	2016-06-30	$1,581
Expenses. Total of all expenses incurred	2016-06-30	$0
Total plan assets at end of year	2016-06-30	$2,178
Total plan assets at beginning of year	2016-06-30	$597
Value of fidelity bond covering the plan	2016-06-30	$10,000
Total contributions received or receivable from participants	2016-06-30	$0
Expenses. Other expenses not covered elsewhere	2016-06-30	$0
Contributions received from other sources (not participants or employers)	2016-06-30	$0
Other income received	2016-06-30	$1,581
Net income (gross income less expenses)	2016-06-30	$1,581
Net plan assets at end of year (total assets less liabilities)	2016-06-30	$2,178
Net plan assets at beginning of year (total assets less liabilities)	2016-06-30	$597
Assets. Value of employer securities	2016-06-30	$2,152
Total contributions received or receivable from employer(s)	2016-06-30	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2016-06-30	$0
2014 : INTERVID, INC. PROFIT SHARING PLAN 2014 401k financial data
Transfers to/from the plan	2014-06-30	$0
Total income from all sources	2014-06-30	$-2,011
Expenses. Total of all expenses incurred	2014-06-30	$0
Benefits paid (including direct rollovers)	2014-06-30	$0
Total plan assets at end of year	2014-06-30	$223,798
Total plan assets at beginning of year	2014-06-30	$225,809
Value of fidelity bond covering the plan	2014-06-30	$25,000
Total contributions received or receivable from participants	2014-06-30	$0
Expenses. Other expenses not covered elsewhere	2014-06-30	$0
Contributions received from other sources (not participants or employers)	2014-06-30	$0
Other income received	2014-06-30	$-2,011
Noncash contributions received	2014-06-30	$0
Net income (gross income less expenses)	2014-06-30	$-2,011
Net plan assets at end of year (total assets less liabilities)	2014-06-30	$223,798
Net plan assets at beginning of year (total assets less liabilities)	2014-06-30	$225,809
Assets. Value of employer securities	2014-06-30	$223,775
Total contributions received or receivable from employer(s)	2014-06-30	$0
Value of certain deemed distributions of participant loans	2014-06-30	$0
Value of corrective distributions	2014-06-30	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2014-06-30	$0
2013 : INTERVID, INC. PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan	2013-06-30	$0
Total income from all sources	2013-06-30	$225,809
Expenses. Total of all expenses incurred	2013-06-30	$0
Benefits paid (including direct rollovers)	2013-06-30	$0
Total plan assets at end of year	2013-06-30	$225,809
Total plan assets at beginning of year	2013-06-30	$0
Value of fidelity bond covering the plan	2013-06-30	$25,000
Total contributions received or receivable from participants	2013-06-30	$0
Expenses. Other expenses not covered elsewhere	2013-06-30	$0
Contributions received from other sources (not participants or employers)	2013-06-30	$225,809
Other income received	2013-06-30	$0
Noncash contributions received	2013-06-30	$0
Net income (gross income less expenses)	2013-06-30	$225,809
Net plan assets at end of year (total assets less liabilities)	2013-06-30	$225,809
Net plan assets at beginning of year (total assets less liabilities)	2013-06-30	$0
Assets. Value of employer securities	2013-06-30	$225,786
Total contributions received or receivable from employer(s)	2013-06-30	$0
Value of certain deemed distributions of participant loans	2013-06-30	$0
Value of corrective distributions	2013-06-30	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2013-06-30	$0

Form 5500 Responses for INTERVID, INC. PROFIT SHARING PLAN

2019: INTERVID, INC. PROFIT SHARING PLAN 2019 form 5500 responses
2019-07-01	Type of plan entity	Single employer plan
2019-07-01	Plan funding arrangement – Trust	Yes
2019-07-01	Plan benefit arrangement - Trust	Yes
2018: INTERVID, INC. PROFIT SHARING PLAN 2018 form 5500 responses
2018-07-01	Type of plan entity	Single employer plan
2018-07-01	Plan funding arrangement – Trust	Yes
2018-07-01	Plan benefit arrangement - Trust	Yes
2017: INTERVID, INC. PROFIT SHARING PLAN 2017 form 5500 responses
2017-07-01	Type of plan entity	Single employer plan
2017-07-01	Plan funding arrangement – Trust	Yes
2017-07-01	Plan benefit arrangement - Trust	Yes
2016: INTERVID, INC. PROFIT SHARING PLAN 2016 form 5500 responses
2016-07-01	Type of plan entity	Single employer plan
2016-07-01	Submission has been amended	No
2016-07-01	This submission is the final filing	No
2016-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-07-01	Plan is a collectively bargained plan	No
2016-07-01	Plan funding arrangement – Trust	Yes
2016-07-01	Plan benefit arrangement - Trust	Yes
2015: INTERVID, INC. PROFIT SHARING PLAN 2015 form 5500 responses
2015-07-01	Type of plan entity	Single employer plan
2015-07-01	Submission has been amended	No
2015-07-01	This submission is the final filing	No
2015-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-07-01	Plan is a collectively bargained plan	No
2015-07-01	Plan funding arrangement – Trust	Yes
2015-07-01	Plan benefit arrangement - Trust	Yes
2013: INTERVID, INC. PROFIT SHARING PLAN 2013 form 5500 responses
2013-07-01	Type of plan entity	Single employer plan
2013-07-01	Submission has been amended	No
2013-07-01	This submission is the final filing	No
2013-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-07-01	Plan is a collectively bargained plan	No
2013-07-01	Plan funding arrangement – Trust	Yes
2013-07-01	Plan benefit arrangement - Trust	Yes
2013-04-24	Type of plan entity	Single employer plan
2013-04-24	First time form 5500 has been submitted	Yes
2013-04-24	Submission has been amended	No
2013-04-24	This submission is the final filing	No
2013-04-24	This return/report is a short plan year return/report (less than 12 months)	Yes
2013-04-24	Plan is a collectively bargained plan	No
2013-04-24	Plan funding arrangement – Trust	Yes
2013-04-24	Plan benefit arrangement - Trust	Yes

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Company Name:	INTERVID, INC.
Employer identification number (EIN):	521368578
NAIC Classification:	454390
NAIC Description:	Other Direct Selling Establishments

Jurisdiction of Incorporation:	Vermont Secretary of State Corporations Division
Incorporation Date:	2009-07-08
Company Identification Number:	88098
Legal Registered Office Address:	400 CORNERSTONE DR #240 WILLISTON United States of America (USA) 05495