GLOBAL TECHNICAL SYSTEMS has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan GLOBAL TECHNICAL SYSTEMS 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : GLOBAL TECHNICAL SYSTEMS 401(K) PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $2,753,384 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,154,142 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,121,672 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,215,491 |
| Value of total assets at end of year | 2023-12-31 | $8,657,685 |
| Value of total assets at beginning of year | 2023-12-31 | $7,058,443 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $32,470 |
| Total interest from all sources | 2023-12-31 | $1,018 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $253,900 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $253,900 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $600,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $821,435 |
| Participant contributions at end of year | 2023-12-31 | $27,441 |
| Participant contributions at beginning of year | 2023-12-31 | $28,054 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $15,218 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $1,599,242 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $8,657,685 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $7,058,443 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $4,308 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $8,513,862 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $6,962,368 |
| Interest earned on other investments | 2023-12-31 | $1,018 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $101,538 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $54,640 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $1,282,975 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $378,838 |
| Employer contributions (assets) at end of year | 2023-12-31 | $14,844 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $13,381 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,121,672 |
| Contract administrator fees | 2023-12-31 | $28,162 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | CHARLES W. SNADER, PC |
| Accountancy firm EIN | 2023-12-31 | 541873714 |
| 2022 : GLOBAL TECHNICAL SYSTEMS 401(K) PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-166,852 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $265,449 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $227,168 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,341,000 |
| Value of total assets at end of year | 2022-12-31 | $7,058,443 |
| Value of total assets at beginning of year | 2022-12-31 | $7,490,744 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $38,281 |
| Total interest from all sources | 2022-12-31 | $1,264 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $345,376 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $345,376 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $600,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $752,283 |
| Participant contributions at end of year | 2022-12-31 | $28,054 |
| Participant contributions at beginning of year | 2022-12-31 | $32,766 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $235,075 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-432,301 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $7,058,443 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $7,490,744 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $6,962,368 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $7,361,704 |
| Interest earned on other investments | 2022-12-31 | $1,264 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $54,640 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $84,498 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,854,492 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $353,642 |
| Employer contributions (assets) at end of year | 2022-12-31 | $13,381 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $11,776 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $227,168 |
| Contract administrator fees | 2022-12-31 | $38,281 |
| Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | CHARLES W. SNADER, PC |
| Accountancy firm EIN | 2022-12-31 | 541873714 |
| 2021 : GLOBAL TECHNICAL SYSTEMS 401(K) PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $1,990,774 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $595,880 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $558,209 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,131,108 |
| Value of total assets at end of year | 2021-12-31 | $7,490,744 |
| Value of total assets at beginning of year | 2021-12-31 | $6,095,850 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $37,671 |
| Total interest from all sources | 2021-12-31 | $2,661 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $93,296 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $93,296 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $600,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $699,589 |
| Participant contributions at end of year | 2021-12-31 | $32,766 |
| Participant contributions at beginning of year | 2021-12-31 | $19,109 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $99,960 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $1,394,894 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $7,490,744 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $6,095,850 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $7,361,704 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $5,842,100 |
| Interest earned on other investments | 2021-12-31 | $2,661 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $84,498 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $223,966 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $763,709 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $331,559 |
| Employer contributions (assets) at end of year | 2021-12-31 | $11,776 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $10,675 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $558,209 |
| Contract administrator fees | 2021-12-31 | $37,671 |
| Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | CHARLES W. SNADER, PC |
| Accountancy firm EIN | 2021-12-31 | 541873714 |
