Civic Intelligence
Filing

Shared Technologies Cellular Inc. Savings and Retirement Plan

Shared Technologies Cellular Inc. • EIN 06-1386411 • Plan year 1999

Company ProfileSource Archive
Filing Insights

Participants

Up

239 → 340

101 • 42.26%

Assets

Up

$1,158,485 → $1,843,604

$685,119 • 59.14%

Investment Management Fee

0.00%

$0

Admin expenses $0 • Total expenses $170,341

Filing Details

Context
Transfers from other plans
$68,743
Net investment result
$685,119
Pension payor EIN
22-1211670

Status Flags

Fidelity bond in place

Yes

Limited-scope audit performed

Not reported

Contributions transmitted on time

No

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

No

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Yes

5% transactions reported

No

All plan assets distributed

No

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

No

Counterparties
ProviderServicesLocationDirect CompensationRelated
ROTHSTEIN, KASS & COMPANY, P.C.EIN 22-2131009Accountant--Rothstein Kass

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
19991340$1,843,604$528,206$1,554iApproximate average salary by contribution assumption: employee only about $38,839 at 4% or $25,892 at 6%; with 50% employer match about $25,892 at 4% or $17,262 at 6%; with 100% employer match about $19,419 at 4% or $12,946 at 6%.
Shared Technologies Cellular Inc. Savings and Retirement PlanCurrent340$1,843,604$528,206$1,554iApproximate average salary by contribution assumption: employee only about $38,839 at 4% or $25,892 at 6%; with 50% employer match about $25,892 at 4% or $17,262 at 6%; with 100% employer match about $19,419 at 4% or $12,946 at 6%.
Schedule Details

Schedule H

Schedule H Financial Statement

Large plan result

Assets, contributions, fees, audit, and compliance fields reported for this large-plan filing.

End-of-year assets$1,843,604$685,119 change

Balance Sheet

Beginning and end of plan year.

Total assets$1,158,485$1,843,604Increase +$685,119 (59.14%)
Total liabilities$0$0No change $0
Net assets$1,158,485$1,843,604Increase +$685,119 (59.14%)

Contributions

Employer contributions$165,474
Participant contributions$336,608
Other contributions$26,124
Total contributions$528,206

Income & Investment Result

Total income$855,460
Interest$7,896
Dividends$0
Net income$685,119

Expenses & Fees

Benefits paid$170,341
Investment management$0
Administrative expenses$0
Total expenses$170,341

Accountant

FirmROTHSTEIN, KASS & COMPANY, P.C.
Firm EIN22-2131009

Compliance

Fidelity bondYes
Fidelity bond amount$500,000
Participant loans$64,279
Late contributionsNo
Schedule H source fields
Financial summary
Total assets at beginning of year: $1,158,485Total assets at end of year: $1,843,604Total liabilities at end of year: $0Net income or loss: $685,119
Filing Id
56037120104521
Schedule H EIN
06-1386411
Schedule H Plan number
001
Schedule H Plan Year Begin Date
1999-01-01
Schedule H Tax Period
19991231
Non Interest Bear Cash Beginning of year Amount
$0
Employer Contribution Beginning of year Amount
$0
Participants Contribution Beginning of year Amount
$0
Other Receivables Beginning of year Amount
$0
Interest Bear Cash Beginning of year Amount
$50,980
Govt Sec Beginning of year Amount
$0
Corp Debt Preferred Beginning of year Amount
$0
Corp Debt Other Beginning of year Amount
$0
Pref Stock Beginning of year Amount
$0
Common Stock Beginning of year Amount
$0
Joint Venture Beginning of year Amount
$0
Real Estate Beginning of year Amount
$0
Other Loans Beginning of year Amount
$0
Participant loans at beginning of year
$42,844
Interest Common Tr Beginning of year Amount
$0
Interest Pool Sep Account Beginning of year Amount
$0
Interest Master Tr Beginning of year Amount
$0
Interest 103 12 Investment Beginning of year Amount
$0
Interest in registered investment companies at beginning of year
$781,159
Ins Co Gen Account Beginning of year Amount
$0
Oth Investment Beginning of year Amount
$0
Employer Sec Beginning of year Amount
$283,502
Employer Prop Beginning of year Amount
$0
Bldgs Used Beginning of year Amount
$0
Total assets at beginning of year
$1,158,485
Bnfts Payable Beginning of year Amount
$0
Oprtng Payable Beginning of year Amount
$0
Acquis Indbt Beginning of year Amount
$0
Other Liability Beginning of year Amount
$0
Total liabilities at beginning of year
$0
Net assets at beginning of year
$1,158,485
Non Interest Bear Cash End of year Amount
$0
Employer Contribution End of year Amount
$0
Participants Contribution End of year Amount
$0
Other Receivables End of year Amount
$0
Interest Bear Cash End of year Amount
$89,597
Govt Sec End of year Amount
$0
Corp Debt Preferred End of year Amount
$0
Corp Debt Other End of year Amount
$0
Pref Stock End of year Amount
$0
Common Stock End of year Amount
$0
Joint Venture End of year Amount
$0
Real Estate End of year Amount
$0
Other Loans End of year Amount
$0
Participant loans at end of year
$64,279
Interest Common Tr End of year Amount
$0
Interest Pool Sep Account End of year Amount
$0
Interest Master Tr End of year Amount
$0
Interest 103 12 Investment End of year Amount
$0
Interest in registered investment companies at end of year
$1,193,183
Ins Co Gen Account End of year Amount
$0
Oth Investment End of year Amount
$0
Employer Sec End of year Amount
$496,545
Employer Prop End of year Amount
$0
Bldgs Used End of year Amount
$0
Total assets at end of year
$1,843,604
Bnfts Payable End of year Amount
$0
Oprtng Payable End of year Amount
$0
Acquis Indbt End of year Amount
$0
Other Liability End of year Amount
$0
Total liabilities at end of year
$0
Net assets at end of year
$1,843,604
Employer contributions
$165,474
Participant contributions
$336,608
Oth Contribution Rcvd Amount
$26,124
Non Cash Contribution Bs Amount
$0
Total contributions
$528,206
Interest Bear Cash Amount
$3,006
Interest On Govt Sec Amount
$0
Interest On Corp Debt Amount
$0
Interest On Oth Loans Amount
$0
Interest on participant loans
$4,890
Interest On Oth Investment Amount
$0
Total interest income
$7,896
Divnd Pref Stock Amount
$0
Divnd Common Stock Amount
$0
Total dividend income
$0
Total Rents Amount
$0
Aggregate Proceeds Amount
$17,392
Aggregate Costs Amount
$0
Net gain or loss on sale of assets
$17,392
Unrealized Apprctn Re Amount
$0
Unrealized Apprctn Oth Amount
$97,562
Net unrealized appreciation or depreciation
$97,562
Gain Loss Com Trust Amount
$0
Gain Loss Pool Sep Amount
$0
Gain Loss Master Tr Amount
$0
Gain Loss 103 12 Investment Amount
$0
Gain or loss on registered investments
$204,404
Other Income Amount
$0
Total income
$855,460
Participant distributions
$170,341
Ins Carrier Bnfts Amount
$0
Oth Bnft Payment Amount
$0
Total benefit distributions
$170,341
Total Corrective Distribution Amount
$0
Total Dm Distribution Ptcp Lns A
0
Total Interest Expense Amount
$0
Professional Fees Amount
$0
Contract Admin Fees Amount
$0
Investment management fees
$0
Other Admin Fees Amount
$0
Total administrative expenses
$0
Total expenses
$170,341
Net income or loss
$685,119
Total Transfers To Amount
$68,743
Transfers from other plans
$68,743
Accountant Opinion Type Indicator
Yes
Accountant firm name
ROTHSTEIN, KASS & COMPANY, P.C.
Accountant firm EIN
22-2131009
Failed to transmit participant contributions on time
No
Fail Transmit Contribution Amount
$0
Participant loans in default
No
Loans In Default Amount
$0
Leases in default
No
Leases In Default Amount
$0
Nonexempt transactions with parties in interest
No
Party In Interest Not Reported Amount
$0
Fidelity bond in place
Yes
Fidelity bond amount
$500,000
Loss discovered during year
No
Loss Discovered Dur Year Amount
$0
Assets with undetermined value
No
Asset Undeterm Valuation Amount
$0
Non-cash contributions reported
No
Non Cash Contribution Amount
$0
Assets held for investment
Yes
Reportable 5% transactions
No
All plan assets distributed
No
Resolution to terminate plan adopted
No
Res Terminate Plan Adpt Amount
$0

Schedule R

Schedule R Pension Information

Retirement plan characteristics

Testing, payor, opinion-letter, and transfer information reported with the filing.

Pension & Payor

Payor EIN22-1211670

Transfers

Distributed property value$0
Schedule R source fields
Payor 22-1211670
Filing Id
56037120104521
Schedule R EIN
06-1386411
Schedule R Plan number
001
Schedule R Plan Year Begin Date
1999-01-01
Schedule R Tax Period
19991231
Pension Value Dstrb Pd Property Amount
$0
Pension payor EIN
22-1211670
Pension Employer Contribution Rqr Amount
$0
Pension Employer Contribution Paid Amount
$0
Pension Funding Deficiency Amount
$0