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VERNAM INC PROFIT SHARING PLAN 401k Plan overview

Plan NameVERNAM INC PROFIT SHARING PLAN
Plan identification number 001

VERNAM INC PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing

401k Sponsoring company profile

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

Company Name:VERNAM, INC
Employer identification number (EIN):930893228
NAIC Classification:238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VERNAM INC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012010-10-01DAVID D VERNAM
0012009-10-01DAVID D VERNAM

Plan Statistics for VERNAM INC PROFIT SHARING PLAN

401k plan membership statisitcs for VERNAM INC PROFIT SHARING PLAN

Measure Date Value
2010: VERNAM INC PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-10-013
Total of all active and inactive participants2010-10-010
Total participants2010-10-010
2009: VERNAM INC PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-10-013
Total number of active participants reported on line 7a of the Form 55002009-10-012
Number of other retired or separated participants entitled to future benefits2009-10-011
Total of all active and inactive participants2009-10-013
Total participants2009-10-013
Number of participants with account balances2009-10-013

Financial Data on VERNAM INC PROFIT SHARING PLAN

Measure Date Value
2011 : VERNAM INC PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-09-30$131,622
Expenses. Total of all expenses incurred2011-09-30$596,978
Benefits paid (including direct rollovers)2011-09-30$596,978
Total plan assets at end of year2011-09-30$0
Total plan assets at beginning of year2011-09-30$465,356
Other income received2011-09-30$131,622
Net income (gross income less expenses)2011-09-30$-465,356
Net plan assets at end of year (total assets less liabilities)2011-09-30$0
Net plan assets at beginning of year (total assets less liabilities)2011-09-30$465,356
Funding deficiency by the employer to the plan for this plan year2011-09-30$0
Minimum employer required contribution for this plan year2011-09-30$0
Amount contributed by the employer to the plan for this plan year2011-09-30$0
2008 : VERNAM INC PROFIT SHARING PLAN 2008 401k financial data
Total income from all sources2008-09-30$-144,401
Total plan assets at end of year2008-09-30$415,841
Total plan assets at beginning of year2008-09-30$560,242
Value of fidelity bond covering the plan2008-09-30$100,000
Other income received2008-09-30$-144,401
Net income (gross income less expenses)2008-09-30$-144,401
Net plan assets at end of year (total assets less liabilities)2008-09-30$415,841
Net plan assets at beginning of year (total assets less liabilities)2008-09-30$560,242

Form 5500 Responses for VERNAM INC PROFIT SHARING PLAN

2010: VERNAM INC PROFIT SHARING PLAN 2010 form 5500 responses
2010-10-01Type of plan entitySingle employer plan
2010-10-01This submission is the final filingYes
2010-10-01Plan funding arrangement – TrustYes
2010-10-01Plan benefit arrangement - TrustYes
2009: VERNAM INC PROFIT SHARING PLAN 2009 form 5500 responses
2009-10-01Type of plan entitySingle employer plan
2009-10-01Plan funding arrangement – TrustYes
2009-10-01Plan benefit arrangement - TrustYes

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