Civic Intelligence
Filing

Innovative Data Processing Solutions Ltd 401K Plan

Innovative Data Processing Solutions Ltd • EIN 16-1359457 • Plan year 2017

Company ProfileSource Archive
Filing Insights

Participants

Down

114 → 60

-54 • -47.37%

Assets

Up

$5,240,013 → $5,827,275

$587,262 • 11.21%

Investment Management Fee

0.42%

$23,359

Admin expenses $23,359 • Total expenses $957,457

Filing Details

Context
Net investment result
$587,262
Pension payor EIN
04-6568107

Status Flags

Fidelity bond in place

Yes

Limited-scope audit performed

Not reported

Contributions transmitted on time

Not reported

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

Not reported

5% transactions reported

Not reported

All plan assets distributed

No

Benefits paid when due

No

Plan blackout period

Yes

Plan termination resolution adopted

No

Counterparties

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
20221107$9,469,246$1,740,942$16,270iApproximate average salary by contribution assumption: employee only about $406,762 at 4% or $271,175 at 6%; with 50% employer match about $271,175 at 4% or $180,783 at 6%; with 100% employer match about $203,381 at 4% or $135,587 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-107$9,469,246$1,740,942$16,270iApproximate average salary by contribution assumption: employee only about $406,762 at 4% or $271,175 at 6%; with 50% employer match about $271,175 at 4% or $180,783 at 6%; with 100% employer match about $203,381 at 4% or $135,587 at 6%.
2021186$11,104,165$1,479,058$17,198iApproximate average salary by contribution assumption: employee only about $429,959 at 4% or $286,639 at 6%; with 50% employer match about $286,639 at 4% or $191,093 at 6%; with 100% employer match about $214,979 at 4% or $143,320 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-86$11,104,165$1,479,058$17,198iApproximate average salary by contribution assumption: employee only about $429,959 at 4% or $286,639 at 6%; with 50% employer match about $286,639 at 4% or $191,093 at 6%; with 100% employer match about $214,979 at 4% or $143,320 at 6%.
2020159$8,782,028$666,768$11,301iApproximate average salary by contribution assumption: employee only about $282,529 at 4% or $188,353 at 6%; with 50% employer match about $188,353 at 4% or $125,568 at 6%; with 100% employer match about $141,264 at 4% or $94,176 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-59$8,782,028$666,768$11,301iApproximate average salary by contribution assumption: employee only about $282,529 at 4% or $188,353 at 6%; with 50% employer match about $188,353 at 4% or $125,568 at 6%; with 100% employer match about $141,264 at 4% or $94,176 at 6%.
2019164$7,101,071$1,020,816$15,950iApproximate average salary by contribution assumption: employee only about $398,756 at 4% or $265,838 at 6%; with 50% employer match about $265,838 at 4% or $177,225 at 6%; with 100% employer match about $199,378 at 4% or $132,919 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-64$7,101,071$1,020,816$15,950iApproximate average salary by contribution assumption: employee only about $398,756 at 4% or $265,838 at 6%; with 50% employer match about $265,838 at 4% or $177,225 at 6%; with 100% employer match about $199,378 at 4% or $132,919 at 6%.
2018159$5,929,800$666,678$11,300iApproximate average salary by contribution assumption: employee only about $282,491 at 4% or $188,327 at 6%; with 50% employer match about $188,327 at 4% or $125,551 at 6%; with 100% employer match about $141,245 at 4% or $94,164 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-59$5,929,800$666,678$11,300iApproximate average salary by contribution assumption: employee only about $282,491 at 4% or $188,327 at 6%; with 50% employer match about $188,327 at 4% or $125,551 at 6%; with 100% employer match about $141,245 at 4% or $94,164 at 6%.
2017160$5,827,275$582,256$9,704iApproximate average salary by contribution assumption: employee only about $242,607 at 4% or $161,738 at 6%; with 50% employer match about $161,738 at 4% or $107,825 at 6%; with 100% employer match about $121,303 at 4% or $80,869 at 6%.
Innovative Data Processing Solutions Ltd 401K PlanCurrent60$5,827,275$582,256$9,704iApproximate average salary by contribution assumption: employee only about $242,607 at 4% or $161,738 at 6%; with 50% employer match about $161,738 at 4% or $107,825 at 6%; with 100% employer match about $121,303 at 4% or $80,869 at 6%.
20161114$5,240,013$546,040$4,790iApproximate average salary by contribution assumption: employee only about $119,746 at 4% or $79,830 at 6%; with 50% employer match about $79,830 at 4% or $53,220 at 6%; with 100% employer match about $59,873 at 4% or $39,915 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-114$5,240,013$546,040$4,790iApproximate average salary by contribution assumption: employee only about $119,746 at 4% or $79,830 at 6%; with 50% employer match about $79,830 at 4% or $53,220 at 6%; with 100% employer match about $59,873 at 4% or $39,915 at 6%.
20151111$4,885,639$556,232$5,011iApproximate average salary by contribution assumption: employee only about $125,277 at 4% or $83,518 at 6%; with 50% employer match about $83,518 at 4% or $55,679 at 6%; with 100% employer match about $62,639 at 4% or $41,759 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-111$4,885,639$556,232$5,011iApproximate average salary by contribution assumption: employee only about $125,277 at 4% or $83,518 at 6%; with 50% employer match about $83,518 at 4% or $55,679 at 6%; with 100% employer match about $62,639 at 4% or $41,759 at 6%.
20141111$4,790,024$680,184$6,128iApproximate average salary by contribution assumption: employee only about $153,195 at 4% or $102,130 at 6%; with 50% employer match about $102,130 at 4% or $68,086 at 6%; with 100% employer match about $76,597 at 4% or $51,065 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-111$4,790,024$680,184$6,128iApproximate average salary by contribution assumption: employee only about $153,195 at 4% or $102,130 at 6%; with 50% employer match about $102,130 at 4% or $68,086 at 6%; with 100% employer match about $76,597 at 4% or $51,065 at 6%.
20131101$4,232,594$567,796$5,622iApproximate average salary by contribution assumption: employee only about $140,544 at 4% or $93,696 at 6%; with 50% employer match about $93,696 at 4% or $62,464 at 6%; with 100% employer match about $70,272 at 4% or $46,848 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-101$4,232,594$567,796$5,622iApproximate average salary by contribution assumption: employee only about $140,544 at 4% or $93,696 at 6%; with 50% employer match about $93,696 at 4% or $62,464 at 6%; with 100% employer match about $70,272 at 4% or $46,848 at 6%.
20121103$4,025,000$644,634$6,259iApproximate average salary by contribution assumption: employee only about $156,465 at 4% or $104,310 at 6%; with 50% employer match about $104,310 at 4% or $69,540 at 6%; with 100% employer match about $78,232 at 4% or $52,155 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-103$4,025,000$644,634$6,259iApproximate average salary by contribution assumption: employee only about $156,465 at 4% or $104,310 at 6%; with 50% employer match about $104,310 at 4% or $69,540 at 6%; with 100% employer match about $78,232 at 4% or $52,155 at 6%.
2011169$3,079,299$405,666$5,879iApproximate average salary by contribution assumption: employee only about $146,980 at 4% or $97,987 at 6%; with 50% employer match about $97,987 at 4% or $65,325 at 6%; with 100% employer match about $73,490 at 4% or $48,993 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-69$3,079,299$405,666$5,879iApproximate average salary by contribution assumption: employee only about $146,980 at 4% or $97,987 at 6%; with 50% employer match about $97,987 at 4% or $65,325 at 6%; with 100% employer match about $73,490 at 4% or $48,993 at 6%.
2010167$2,816,624$382,018$5,702iApproximate average salary by contribution assumption: employee only about $142,544 at 4% or $95,029 at 6%; with 50% employer match about $95,029 at 4% or $63,353 at 6%; with 100% employer match about $71,272 at 4% or $47,515 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-67$2,816,624$382,018$5,702iApproximate average salary by contribution assumption: employee only about $142,544 at 4% or $95,029 at 6%; with 50% employer match about $95,029 at 4% or $63,353 at 6%; with 100% employer match about $71,272 at 4% or $47,515 at 6%.
2009151$2,148,528$257,490$5,049iApproximate average salary by contribution assumption: employee only about $126,221 at 4% or $84,147 at 6%; with 50% employer match about $84,147 at 4% or $56,098 at 6%; with 100% employer match about $63,110 at 4% or $42,074 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-51$2,148,528$257,490$5,049iApproximate average salary by contribution assumption: employee only about $126,221 at 4% or $84,147 at 6%; with 50% employer match about $84,147 at 4% or $56,098 at 6%; with 100% employer match about $63,110 at 4% or $42,074 at 6%.
2008135$0$0-
Innovative Data Processing Solutions Ltd 401K Plan-35---
2007139$0$0-
Innovative Data Processing Solutions Ltd 401K Plan-39---
2006131$1,590,940$196,446$6,337iApproximate average salary by contribution assumption: employee only about $158,424 at 4% or $105,616 at 6%; with 50% employer match about $105,616 at 4% or $70,411 at 6%; with 100% employer match about $79,212 at 4% or $52,808 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-31$1,590,940$196,446$6,337iApproximate average salary by contribution assumption: employee only about $158,424 at 4% or $105,616 at 6%; with 50% employer match about $105,616 at 4% or $70,411 at 6%; with 100% employer match about $79,212 at 4% or $52,808 at 6%.
2005124$2,035,293$183,385$7,641iApproximate average salary by contribution assumption: employee only about $191,026 at 4% or $127,351 at 6%; with 50% employer match about $127,351 at 4% or $84,900 at 6%; with 100% employer match about $95,513 at 4% or $63,675 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-24$2,035,293$183,385$7,641iApproximate average salary by contribution assumption: employee only about $191,026 at 4% or $127,351 at 6%; with 50% employer match about $127,351 at 4% or $84,900 at 6%; with 100% employer match about $95,513 at 4% or $63,675 at 6%.
2004124$1,796,497$163,563$6,815iApproximate average salary by contribution assumption: employee only about $170,378 at 4% or $113,585 at 6%; with 50% employer match about $113,585 at 4% or $75,724 at 6%; with 100% employer match about $85,189 at 4% or $56,793 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-24$1,796,497$163,563$6,815iApproximate average salary by contribution assumption: employee only about $170,378 at 4% or $113,585 at 6%; with 50% employer match about $113,585 at 4% or $75,724 at 6%; with 100% employer match about $85,189 at 4% or $56,793 at 6%.
2003125$1,485,731$141,993$5,680iApproximate average salary by contribution assumption: employee only about $141,993 at 4% or $94,662 at 6%; with 50% employer match about $94,662 at 4% or $63,108 at 6%; with 100% employer match about $70,997 at 4% or $47,331 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-25$1,485,731$141,993$5,680iApproximate average salary by contribution assumption: employee only about $141,993 at 4% or $94,662 at 6%; with 50% employer match about $94,662 at 4% or $63,108 at 6%; with 100% employer match about $70,997 at 4% or $47,331 at 6%.
2001127$0$0-
Innovative Data Processing Solutions Ltd 401K Plan-27---
2000129$1,275,505$175,789$6,062iApproximate average salary by contribution assumption: employee only about $151,542 at 4% or $101,028 at 6%; with 50% employer match about $101,028 at 4% or $67,352 at 6%; with 100% employer match about $75,771 at 4% or $50,514 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-29$1,275,505$175,789$6,062iApproximate average salary by contribution assumption: employee only about $151,542 at 4% or $101,028 at 6%; with 50% employer match about $101,028 at 4% or $67,352 at 6%; with 100% employer match about $75,771 at 4% or $50,514 at 6%.
1999123$1,328,071$192,499$8,370iApproximate average salary by contribution assumption: employee only about $209,238 at 4% or $139,492 at 6%; with 50% employer match about $139,492 at 4% or $92,995 at 6%; with 100% employer match about $104,619 at 4% or $69,746 at 6%.
Innovative Data Processing Solutions Ltd 401K Plan-23$1,328,071$192,499$8,370iApproximate average salary by contribution assumption: employee only about $209,238 at 4% or $139,492 at 6%; with 50% employer match about $139,492 at 4% or $92,995 at 6%; with 100% employer match about $104,619 at 4% or $69,746 at 6%.
Schedule Details

Schedule A

Row 1
Form Id
1
Ins Broker Comm Pd Amount
$0
Ins Broker Fees Pd Amount
$0
Row 2
Ins Carrier Name: LINCOLN LIFE AND ANNUITY OF NEW YORK
Form Id
1
Schedule A Plan Year Begin Date
2017-01-01
Schedule A Plan Year End Date
2017-12-31
Schedule A Plan Num
001
Schedule A EIN
16-1359457
Ins Carrier Name
LINCOLN LIFE AND ANNUITY OF NEW YORK
Ins Carrier EIN
16-1505436
Ins Carrier Naic Code
60139
Ins Contract Num
894839-087
Ins Prsn Covered End of year Count
8
Ins Policy From Date
2017-03-03
Ins Policy To Date
2017-12-31
Alloc Contracts Indiv Indicator
No
Alloc Contracts Group Indicator
No
Alloc Contracts Other Indicator
No
Pens Distr Bnft Terminate Pln Indicator
No
Unalloc Contracts Dep Adm Indicator
No
Unal Contrac Imm Part Guar Indicator
No
Unal Contracts Guar Invest Indicator
Yes
Unalloc Contracts Other Indicator
No
Pension Contribution Dep Amount
$5,627
Pension Interest Cr Dur Yr Amount
$7,479
Pension Other Amount
$610,289
Pension Other Text
TRANSFERS IN
Pension Total Additions Amount
$623,395
Pension Total Bal Addn Amount
$623,395
Pension Bnfts Dsbrsd Amount
$4,364
Pension Admin Chrg Amount
$1,138
Pension Oth Ded Amount
$359,036
Pension Oth Ded Text
TRANSFERS OUT
Pension Total Ded Amount
$364,538
Pension End of year Bal Amount
$258,857
Wlfr Bnft Health Indicator
No
Wlfr Bnft Dental Indicator
No
Wlfr Bnft Vision Indicator
No
Wlfr Bnft Life Insur Indicator
No
Wlfr Bnft Temp Disab Indicator
No
Wlfr Bnft Long Terminate Disab Indicator
No
Wlfr Bnft Unemp Indicator
No
Wlfr Bnft Drug Indicator
No
Wlfr Bnft Stop Loss Indicator
No
Wlfr Bnft Hmo Indicator
No
Wlfr Bnft Ppo Indicator
No
Wlfr Bnft Indemnity Indicator
No
Wlfr Bnft Other Indicator
No
Wlfr Total Earned Prem Amount
$0
Wlfr Incurred Claim Amount
$0
Wlfr Ret Total Amount
$0
Wlfr Refund Cash Indicator
No
Wlfr Refund Credit Indicator
No
Wlfr Refund Amount
$0
Ins Fail Provide Info Indicator
No

Schedule I

Schedule I Financial Statement

Small plan result

Balance sheet and activity values reported by the filer for this small-plan annual return.

End-of-year assets$5,827,275$587,262 change

Balance Sheet

Beginning and end of plan year.

Total assets$5,240,013$5,827,275Increase +$587,262 (11.21%)
Total liabilities$0$0No change $0
Net assets$5,240,013$5,827,275Increase +$587,262 (11.21%)

Contributions

Employer contributions$23,720
Participant contributions$397,632
Other contributions$160,904

Income & Expenses

Total income$1,544,719
Total expenses$957,457
Net income$587,262
Source fields
Schedule I source fields
Schedule I Plan Year Begin Date
2017-01-01
Schedule I Tax Period
2017-12-31
Schedule I Plan Num
001
Schedule I EIN
16-1359457
Small plan total assets at beginning of year
$5,240,013
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$5,240,013
Small plan total assets at end of year
$5,827,275
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$5,827,275
Small plan employer contributions
$23,720
Small plan participant contributions
$397,632
Small Oth Contribution Rcvd Amount
$160,904
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$962,463
Small plan total income
$1,544,719
Small plan total benefit distributions
$934,098
Small Corrective Distribution Amount
$0
Small Deem Dstrb Participants Ln Amount
$0
Small Admin Srvc Providers Amount
$23,359
Small Oth Expenses Amount
$0
Small plan total expenses
$957,457
Small plan net income or loss
$587,262
Small Total Plan Transfers Amount
$0
Small Joint Venture End of year Indicator
No
Small Employer Prop End of year Indicator
No
Small Inv Real Estate End of year Indicator
No
Small Employer Sec End of year Indicator
No
Small Mortg Participants End of year Indicator
Yes
Small Mortg Participants End of year Amount
$40,354
Small Oth Lns Participants End of year Indicator
No
Small Personal Prop End of year Indicator
No
Small Fail Transm Contribution Indicator
No
Small plan participant loans in default
No
Small plan leases in default
No
Small plan nonexempt transactions with parties in interest
No
Small plan fidelity bond in place
Yes
Small plan fidelity bond amount
$2,000,000
Small plan loss discovered during year
No
Small plan assets with undetermined value
No
Small plan non-cash contributions reported
No
Small 20 Percent Sngl Investment Indicator
No
Small plan all plan assets distributed
No
Small plan waived annual IQPA report
Yes
Small plan failed to provide benefits when due
No
Small plan blackout period occurred
Yes
Small plan complied with blackout notice rules
Yes
Small plan resolution to terminate plan adopted
No

Schedule R

Schedule R Pension Information

Retirement plan characteristics

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

Pension & Payor

Payor EIN04-6568107
Schedule R source fields
Payor 04-6568107
Schedule R Plan Year Begin Date
2017-01-01
Schedule R Tax Period
2017-12-31
Schedule R Plan number
001
Schedule R EIN
16-1359457
Pension payor EIN
04-6568107
Pension Payor 02 EIN
45-0677056

Filing received by DOL Oct 01, 2018