Civic Intelligence
Filing

Document Processing Systems Inc. 401K Plan

Document Processing Systems Inc. • EIN 38-2334039 • Plan year 2005

Filing Insights

Participants

Down

42 → 35

-7 • -16.67%

Assets

Up

$552,461 → $701,584

$149,123 • 26.99%

Investment Management Fee

-

Admin expenses - • Total expenses $1,733

Filing Details

Context
Net investment result
$149,123
Pension payor EIN
71-0294708

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

Not reported

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

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

No

Counterparties

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
200810$157,855$26,618-
Document Processing Systems Inc. 401K Plan-0$157,855$26,618-
2007123$723,399$85,915$3,735iApproximate average salary by contribution assumption: employee only about $93,386 at 4% or $62,257 at 6%; with 50% employer match about $62,257 at 4% or $41,505 at 6%; with 100% employer match about $46,693 at 4% or $31,129 at 6%.
Document Processing Systems Inc. 401K Plan-23$723,399$85,915$3,735iApproximate average salary by contribution assumption: employee only about $93,386 at 4% or $62,257 at 6%; with 50% employer match about $62,257 at 4% or $41,505 at 6%; with 100% employer match about $46,693 at 4% or $31,129 at 6%.
2006130$751,067$80,222$2,674iApproximate average salary by contribution assumption: employee only about $66,852 at 4% or $44,568 at 6%; with 50% employer match about $44,568 at 4% or $29,712 at 6%; with 100% employer match about $33,426 at 4% or $22,284 at 6%.
Document Processing Systems Inc. 401K Plan-30$751,067$80,222$2,674iApproximate average salary by contribution assumption: employee only about $66,852 at 4% or $44,568 at 6%; with 50% employer match about $44,568 at 4% or $29,712 at 6%; with 100% employer match about $33,426 at 4% or $22,284 at 6%.
2005135$701,584$105,829$3,024iApproximate average salary by contribution assumption: employee only about $75,592 at 4% or $50,395 at 6%; with 50% employer match about $50,395 at 4% or $33,597 at 6%; with 100% employer match about $37,796 at 4% or $25,197 at 6%.
Document Processing Systems Inc. 401K PlanCurrent35$701,584$105,829$3,024iApproximate average salary by contribution assumption: employee only about $75,592 at 4% or $50,395 at 6%; with 50% employer match about $50,395 at 4% or $33,597 at 6%; with 100% employer match about $37,796 at 4% or $25,197 at 6%.
2004139$552,461$104,980$2,692iApproximate average salary by contribution assumption: employee only about $67,295 at 4% or $44,863 at 6%; with 50% employer match about $44,863 at 4% or $29,909 at 6%; with 100% employer match about $33,647 at 4% or $22,432 at 6%.
Document Processing Systems Inc. 401K Plan-39$552,461$104,980$2,692iApproximate average salary by contribution assumption: employee only about $67,295 at 4% or $44,863 at 6%; with 50% employer match about $44,863 at 4% or $29,909 at 6%; with 100% employer match about $33,647 at 4% or $22,432 at 6%.
2003143$440,737$97,900$2,277iApproximate average salary by contribution assumption: employee only about $56,919 at 4% or $37,946 at 6%; with 50% employer match about $37,946 at 4% or $25,297 at 6%; with 100% employer match about $28,459 at 4% or $18,973 at 6%.
Document Processing Systems Inc. 401K Plan-43$440,737$97,900$2,277iApproximate average salary by contribution assumption: employee only about $56,919 at 4% or $37,946 at 6%; with 50% employer match about $37,946 at 4% or $25,297 at 6%; with 100% employer match about $28,459 at 4% or $18,973 at 6%.
2002142$279,950$103,468$2,464iApproximate average salary by contribution assumption: employee only about $61,588 at 4% or $41,059 at 6%; with 50% employer match about $41,059 at 4% or $27,372 at 6%; with 100% employer match about $30,794 at 4% or $20,529 at 6%.
Document Processing Systems Inc. 401K Plan-42$279,950$103,468$2,464iApproximate average salary by contribution assumption: employee only about $61,588 at 4% or $41,059 at 6%; with 50% employer match about $41,059 at 4% or $27,372 at 6%; with 100% employer match about $30,794 at 4% or $20,529 at 6%.
2001135$242,882$94,870$2,711iApproximate average salary by contribution assumption: employee only about $67,764 at 4% or $45,176 at 6%; with 50% employer match about $45,176 at 4% or $30,117 at 6%; with 100% employer match about $33,882 at 4% or $22,588 at 6%.
Document Processing Systems Inc. 401K Plan-35$242,882$94,870$2,711iApproximate average salary by contribution assumption: employee only about $67,764 at 4% or $45,176 at 6%; with 50% employer match about $45,176 at 4% or $30,117 at 6%; with 100% employer match about $33,882 at 4% or $22,588 at 6%.
2000143$0$0-
Document Processing Systems Inc. 401K Plan-43---
1999141$121,627$107,933$2,633iApproximate average salary by contribution assumption: employee only about $65,813 at 4% or $43,875 at 6%; with 50% employer match about $43,875 at 4% or $29,250 at 6%; with 100% employer match about $32,906 at 4% or $21,938 at 6%.
Document Processing Systems Inc. 401K Plan-41$121,627$107,933$2,633iApproximate average salary by contribution assumption: employee only about $65,813 at 4% or $43,875 at 6%; with 50% employer match about $43,875 at 4% or $29,250 at 6%; with 100% employer match about $32,906 at 4% or $21,938 at 6%.
Schedule Details

Schedule A

Row 1
Filing Id
84037230098556
Form Id
70845070
Page Id
2
Page Seq
0
Page Row Num
1
Row Num
0
Image Form Id
5030376230098050002
Ins Broker 01 Name
JON FAIGLE
Ins Broker 01 Street Addr
2211 FAIRWAY DR.
Ins Broker 01 City
BIRMINGHAM
Ins Broker 01 State
MI
Ins Broker 01 ZIP Code
48009
Ins Broker Comm Pd 01 Amount
$2,175
Ins Broker Fees Pd 01 Amount
$0
Ins Broker Fees Pd 01 Text
N/A
Ins Broker 01 Code
3
Row 2
Filing Id
84037230098556
Form Id
70845070
Page Id
2
Page Seq
0
Page Row Num
2
Row Num
1
Image Form Id
5030376230098050002
Ins Broker 01 Name
HERMAN KLINGELHOFER
Ins Broker 01 Street Addr
30800 TELEGRAPH, SUITE 2720
Ins Broker 01 City
BINGHAM FARMS
Ins Broker 01 State
MI
Ins Broker 01 ZIP Code
480250000
Ins Broker Comm Pd 01 Amount
$-63
Ins Broker Fees Pd 01 Amount
$0
Ins Broker Fees Pd 01 Text
N/A
Ins Broker 01 Code
3
Row 3
Ins Carrier Name: ING LIFE INSURANCE & ANNUITY CO.
Filing Id
84037230098556
Form Id
70845070
Schedule A EIN
38-2334039
Schedule A Plan Num
001
Schedule A Plan Year Begin Date
2005-01-01
Schedule A Tax Period
20051231
Ins Carrier Name
ING LIFE INSURANCE & ANNUITY CO.
Ins Carrier EIN
71-0294708
Ins Carrier Naic Code
86509
Ins Contract Num
PHD853
Ins Prsn Covered End of year Count
37
Ins Policy From Date
2005-01-01
Ins Policy To Date
2005-12-31
Ins Broker Comm Total Amount
$2,112
Ins Broker Fees Total Amount
$0
Pension End of year Gen Account Amount
$17,265
Pension End of year Sep Account Amount
$681,700
Pension Prem Paid Total Amount
$0
Pension Unpaid Premium Amount
$0
Pension Contract Cost Amount
$0
Pnsn Type Unalloc Cntrct I
4
Pension Oth Unalloc Type Text
GROUP PENSION FUNDING
Pension End Prev Bal Amount
$26,819
Pension Contribution Dep Amount
$105,829
Pension Divnd Cr Dep Amount
$0
Pension Interest Cr Dur Yr Amount
$818
Pension Transfer From Amount
$4,249
Pension Other Amount
$3,072
Pension Other Text
LOAN PMT.
Pension Total Additions Amount
$113,968
Pension Total Bal Addn Amount
$140,787
Pension Bnfts Dsbrsd Amount
$1,733
Pension Admin Chrg Amount
$0
Pension Transfer To Amount
$119,289
Pension Oth Ded Amount
$2,500
Pension Oth Ded Text
LOAN W/D
Pension Total Ded Amount
$123,522
Pension End of year Bal Amount
$17,265
Wlfr Premium Rcvd Amount
$0
Wlfr Unpaid Due Amount
$0
Wlfr Reserve Amount
$0
Wlfr Total Earned Prem Amount
$0
Wlfr Claims Paid Amount
$0
Wlfr Incr Reserve Amount
$0
Wlfr Incurred Claim Amount
$0
Wlfr Claims Chrgd Amount
$0
Wlfr Ret Commissions Amount
$0
Wlfr Ret Admin Amount
$0
Wlfr Ret Oth Cost Amount
$0
Wlfr Ret Oth Expense Amount
$0
Wlfr Ret Taxes Amount
$0
Wlfr Ret Charges Amount
$0
Wlfr Ret Oth Chrgs Amount
$0
Wlfr Ret Total Amount
$0
Wlfr Refund Amount
$0
Wlfr Held Bnfts Amount
$0
Wlfr Claims Reserve Amount
$0
Wlfr Oth Reserve Amount
$0
Wlfr Divnds Due Amount
$0
Wlfr Total Charges Paid Amount
$0
Wlfr Acquis Cost Amount
$0

Schedule D

Row 1
Filing Id
84037230098556
Page Id
1
Page Seq
0
Page Row Num
1
Row Num
0
Image Form Id
5030376230098050003
DFE P1 Entity 01 Name
MAP CONTRACT - SEP ACCOUNT D
DFE P1 Spons 01 Name
ING LIFE INSURANCE & ANNUITY CO
DFE P1 Plan 01 EIN Plan number
710294708000
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$681,700
Row 2
Filing Id
84037230098556
Page Id
3
Page Seq
0
Page Row Num
1
Row Num
0
Image Form Id
5030376230098050003
Row 3
Filing Id
84037230098556
Schedule D EIN
38-2334039
Schedule D Plan number
001
Schedule D Plan Year Begin Date
2005-01-01
Schedule D Tax Period
20051231

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$701,584$149,123 change

Balance Sheet

Beginning and end of plan year.

Total assets$552,461$701,584Increase +$149,123 (26.99%)
Total liabilities$0$0No change $0
Net assets$552,461$701,584Increase +$149,123 (26.99%)

Contributions

Employer contributions$16,566
Participant contributions$89,263
Other contributions$0

Income & Expenses

Total income$150,856
Total expenses$1,733
Net income$149,123
Source fields
Schedule I source fields
Filing Id
84037230098556
Schedule I EIN
38-2334039
Schedule I Plan Num
001
Schedule I Plan Year Begin Date
2005-01-01
Schedule I Tax Period
20051231
Small plan total assets at beginning of year
$552,461
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$552,461
Small plan total assets at end of year
$701,584
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$701,584
Small plan employer contributions
$16,566
Small plan participant contributions
$89,263
Small Oth Contribution Rcvd Amount
$0
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$45,027
Small plan total income
$150,856
Small plan total benefit distributions
$1,733
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$0
Small plan total expenses
$1,733
Small plan net income or loss
$149,123
Small Total Plan Transfers Amount
$0
Small Joint Venture End of year Indicator
No
Small Joint Venture End of year Amount
$0
Small Employer Prop End of year Indicator
No
Small Employer Prop End of year Amount
$0
Small Investment Real Est End of year I
2
Small Investment Real Est End of year A
0
Small Employer Sec End of year Indicator
No
Small Employer Sec End of year Amount
$0
Small Mortg Participants End of year Indicator
Yes
Small Mortg Participants End of year Amount
$2,619
Small Oth Lns Participants End of year Indicator
No
Small Oth Lns Participants End of year Amount
$0
Small Personal Prop End of year Indicator
No
Small Personal Prop End of year Amount
$0
Small Fail Xmt Ctb I
2
Small Fail Xmt Ctb A
0
Small plan participant loans in default
No
Small Loans In Default Amount
$0
Small plan leases in default
No
Small Leases In Default Amount
$0
Small Pt In Interest Not Reported I
2
Small Pt In Interest Not Reported A
0
Small plan fidelity bond in place
Yes
Small plan fidelity bond amount
$25,000
Small plan loss discovered during year
No
Small Loss Discovered Dur Year Amount
$0
Small plan assets with undetermined value
No
Small Asset Undeterm Valuation Amount
$0
Small plan non-cash contributions reported
No
Small Non Cash Contribution Amount
$0
Small 20 Percent Sngl Investment Indicator
No
Small 20 Percent Sngl Investment Amount
$0
Small plan all plan assets distributed
No
Waiver Annual Iqpa Report
1
Small plan resolution to terminate plan adopted
No
Small 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 EIN71-0294708

Transfers

Distributed property value$0
Schedule R source fields
Payor 71-0294708
Filing Id
84037230098556
Schedule R EIN
38-2334039
Schedule R Plan number
001
Schedule R Plan Year Begin Date
2005-01-01
Schedule R Tax Period
20051231
Pension Value Dstrb Pd Property Amount
$0
Pension payor EIN
71-0294708
Pension Bnft Distribution Sngl Sum Count
0
Pension Elec Satisfy Code 412 Indicator
3
Pension Employer Contribution Rqr Amount
$0
Pension Employer Contribution Paid Amount
$0
Pension Funding Deficiency Amount
$0
Document Processing Systems Inc. 401K Plan | Document Processing Systems Inc. | Plan 001 | 2005 Form 5500 Filing