401k Plan data: INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN plan

INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN 401k Plan overview

Plan Name	INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN
Plan identification number	001

INVERIS TRAINING SOLUTIONS, INC. 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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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

INVERIS TRAINING SOLUTIONS, LLC. WELFARE BENEFIT PLAN has sponsored the creation of one or more 401k plans.

Company Name: INVERIS TRAINING SOLUTIONS, LLC. WELFARE BENEFIT PLAN

Employer identification number (EIN): 582272995

NAIC Classification: 335900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01
001 2020-06-30

Plan Statistics for INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN

401k plan membership statisitcs for INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN

Measure Date Value
2023: INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 266
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 186
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 57
Total of all active and inactive participants 2023-01-01 243
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 1
Total participants 2023-01-01 244
Number of participants with account balances 2023-01-01 243
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 2
2022: INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 275
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 219
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 45
Total of all active and inactive participants 2022-01-01 264
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 1
Total participants 2022-01-01 265
Number of participants with account balances 2022-01-01 263
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 10
2021: INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 238
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 222
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 49
Total of all active and inactive participants 2021-01-01 271
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 1
Total participants 2021-01-01 272
Number of participants with account balances 2021-01-01 272
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 10
2020: INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-06-30 220
Total number of active participants reported on line 7a of the Form 5500 2020-06-30 222
Number of retired or separated participants receiving benefits 2020-06-30 0
Number of other retired or separated participants entitled to future benefits 2020-06-30 16
Total of all active and inactive participants 2020-06-30 238
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-06-30 0
Total participants 2020-06-30 238
Number of participants with account balances 2020-06-30 235
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-06-30 6

Measure	Date	Value
2023: INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	266
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	186
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	57
Total of all active and inactive participants	2023-01-01	243
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	1
Total participants	2023-01-01	244
Number of participants with account balances	2023-01-01	243
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	2
2022: INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	275
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	219
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	45
Total of all active and inactive participants	2022-01-01	264
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	1
Total participants	2022-01-01	265
Number of participants with account balances	2022-01-01	263
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	10
2021: INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	238
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	222
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	49
Total of all active and inactive participants	2021-01-01	271
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	1
Total participants	2021-01-01	272
Number of participants with account balances	2021-01-01	272
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	10
2020: INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-06-30	220
Total number of active participants reported on line 7a of the Form 5500	2020-06-30	222
Number of retired or separated participants receiving benefits	2020-06-30	0
Number of other retired or separated participants entitled to future benefits	2020-06-30	16
Total of all active and inactive participants	2020-06-30	238
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-06-30	0
Total participants	2020-06-30	238
Number of participants with account balances	2020-06-30	235
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-06-30	6

Financial Data on INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN

Measure	Date	Value
2023 : INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN 2023 401k financial data
Total income from all sources (including contributions)	2023-12-31	$9,818,147
Total of all expenses incurred	2023-12-31	$6,840,642
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$6,750,345
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$2,990,524
Value of total assets at end of year	2023-12-31	$45,455,725
Value of total assets at beginning of year	2023-12-31	$42,478,220
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$90,297
Total interest from all sources	2023-12-31	$91,780
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$715,533
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2023-12-31	$715,533
Was this plan covered by a fidelity bond	2023-12-31	No
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	$1,849,111
Participant contributions at end of year	2023-12-31	$565,420
Participant contributions at beginning of year	2023-12-31	$600,469
Participant contributions at end of year	2023-12-31	$68,832
Participant contributions at beginning of year	2023-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$6,432
Value of other receiveables (less allowance for doubtful accounts) at end of year	2023-12-31	$1,515
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2023-12-31	$821
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	$2,977,505
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$45,455,725
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$42,478,220
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$40,430,800
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$37,442,305
Interest on participant loans	2023-12-31	$31,570
Interest earned on other investments	2023-12-31	$60,210
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2023-12-31	$4,306,884
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2023-12-31	$4,434,625
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$6,020,310
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	$1,134,981
Employer contributions (assets) at end of year	2023-12-31	$82,274
Employer contributions (assets) at beginning of year	2023-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$6,750,345
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	2023-12-31	No
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	BDG CPAS
Accountancy firm EIN	2023-12-31	222625944
2022 : INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN 2022 401k financial data
Total income from all sources (including contributions)	2022-12-31	$-5,489,564
Total of all expenses incurred	2022-12-31	$3,774,493
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$3,680,476
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$2,975,273
Value of total assets at end of year	2022-12-31	$42,478,220
Value of total assets at beginning of year	2022-12-31	$51,742,277
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$94,017
Total interest from all sources	2022-12-31	$67,379
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$785,708
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$785,708
Was this plan covered by a fidelity bond	2022-12-31	No
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	$1,864,443
Participant contributions at end of year	2022-12-31	$600,469
Participant contributions at beginning of year	2022-12-31	$660,064
Participant contributions at end of year	2022-12-31	$0
Participant contributions at beginning of year	2022-12-31	$85,587
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$33,633
Value of other receiveables (less allowance for doubtful accounts) at end of year	2022-12-31	$821
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2022-12-31	$495
Administrative expenses (other) incurred	2022-12-31	$94,017
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	$-9,264,057
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$42,478,220
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$51,742,277
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	$37,442,305
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$46,268,535
Interest on participant loans	2022-12-31	$31,113
Interest earned on other investments	2022-12-31	$36,265
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$3,054
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$3,054
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$1
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$4,434,625
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$4,683,717
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-9,317,924
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	$1,077,197
Employer contributions (assets) at end of year	2022-12-31	$0
Employer contributions (assets) at beginning of year	2022-12-31	$40,825
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$3,680,476
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	2022-12-31	No
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	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	BDG CPAS
Accountancy firm EIN	2022-12-31	222625944
2021 : INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN 2021 401k financial data
Total transfer of assets to this plan	2021-12-31	$284,195
Total income from all sources (including contributions)	2021-12-31	$9,303,482
Total of all expenses incurred	2021-12-31	$3,051,131
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$2,938,677
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$3,122,150
Value of total assets at end of year	2021-12-31	$51,742,277
Value of total assets at beginning of year	2021-12-31	$45,205,731
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$112,454
Total interest from all sources	2021-12-31	$45,788
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$1,052,444
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$1,052,444
Was this plan covered by a fidelity bond	2021-12-31	No
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	$2,028,086
Participant contributions at end of year	2021-12-31	$660,064
Participant contributions at beginning of year	2021-12-31	$683,844
Participant contributions at end of year	2021-12-31	$85,587
Participant contributions at beginning of year	2021-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$158,353
Value of other receiveables (less allowance for doubtful accounts) at end of year	2021-12-31	$495
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2021-12-31	$1,270
Administrative expenses (other) incurred	2021-12-31	$112,454
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	$6,252,351
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$51,742,277
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$45,205,731
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	$46,268,535
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$39,097,881
Interest on participant loans	2021-12-31	$30,723
Interest earned on other investments	2021-12-31	$15,065
Value of interest in common/collective trusts at end of year	2021-12-31	$0
Value of interest in common/collective trusts at beginning of year	2021-12-31	$4,918,402
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$3,054
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$4,683,717
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$504,334
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$5,015,749
Net investment gain or loss from common/collective trusts	2021-12-31	$67,351
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	$935,711
Employer contributions (assets) at end of year	2021-12-31	$40,825
Employer contributions (assets) at beginning of year	2021-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$2,938,677
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	2021-12-31	No
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	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	BDG CPAS
Accountancy firm EIN	2021-12-31	222625944
2020 : INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN 2020 401k financial data
Total transfer of assets to this plan	2020-12-31	$43,042,467
Total income from all sources (including contributions)	2020-12-31	$4,371,651
Total of all expenses incurred	2020-12-31	$2,208,387
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$2,186,741
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$708,117
Value of total assets at end of year	2020-12-31	$45,205,731
Value of total assets at beginning of year	2020-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$21,646
Total interest from all sources	2020-12-31	$6,118
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$647,130
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$647,130
Was this plan covered by a fidelity bond	2020-12-31	No
If this is an individual account plan, was there a blackout period	2020-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$684,053
Participant contributions at end of year	2020-12-31	$683,844
Participant contributions at beginning of year	2020-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$24,064
Value of other receiveables (less allowance for doubtful accounts) at end of year	2020-12-31	$1,270
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2020-12-31	$0
Administrative expenses (other) incurred	2020-12-31	$21,646
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$2,163,264
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$45,205,731
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$39,097,881
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$0
Interest on participant loans	2020-12-31	$5,511
Interest earned on other investments	2020-12-31	$607
Value of interest in common/collective trusts at end of year	2020-12-31	$4,918,402
Value of interest in common/collective trusts at beginning of year	2020-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$504,334
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$2,988,413
Net investment gain or loss from common/collective trusts	2020-12-31	$21,873
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$2,186,741
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	2020-12-31	Yes
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No

Form 5500 Responses for INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN

2023: INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Plan funding arrangement – Insurance	Yes
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement – Insurance	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: INVERIS TRAINING SOLUTIONS, INC. 401(K) PLAN 2020 form 5500 responses
2020-06-30	Type of plan entity	Single employer plan
2020-06-30	First time form 5500 has been submitted	Yes
2020-06-30	This return/report is a short plan year return/report (less than 12 months)	Yes
2020-06-30	Plan funding arrangement – Insurance	Yes
2020-06-30	Plan funding arrangement – Trust	Yes
2020-06-30	Plan benefit arrangement – Insurance	Yes
2020-06-30	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

513638

Policy instance

Insurance contract or identification number	513638
Number of Individuals Covered	243
Insurance policy start date	2023-01-01
Insurance policy end date	2023-12-31
Total amount of commissions paid to insurance broker	USD $6,244
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

513638

Policy instance

Insurance contract or identification number	513638
Number of Individuals Covered	263
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Total amount of commissions paid to insurance broker	USD $5,510
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $5,510
Insurance broker organization code?	3

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

513638

Policy instance

Insurance contract or identification number	513638
Number of Individuals Covered	272
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Total amount of commissions paid to insurance broker	USD $3,189
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $3,189
Insurance broker organization code?	3

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

513638

Policy instance

Insurance contract or identification number	513638
Number of Individuals Covered	235
Insurance policy start date	2020-06-30
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $269
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $269
Insurance broker organization code?	3

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:	INVERIS TRAINING SOLUTIONS, LLC. WELFARE BENEFIT PLAN
Employer identification number (EIN):	582272995
NAIC Classification:	335900