Civic Intelligence
Filing

Tax Credits Inc. 401K Plan & Trust

Tax Credits Inc. • EIN 47-0802103 • Plan year 2000

Company ProfileSource Archive
Filing Insights

Participants

Up

8 → 9

1 • 12.50%

Assets

Down

$207,381 → $206,893

-$488 • -0.24%

Investment Management Fee

-

Admin expenses - • Total expenses $70,513

Filing Details

Context
Net investment result
$-488
Pension payor EIN
91-0675641

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
200510$0$0-
Tax Credits Inc. 401K Plan & Trust-0---
200416$560,739$85,231$14,205iApproximate average salary by contribution assumption: employee only about $355,129 at 4% or $236,753 at 6%; with 50% employer match about $236,753 at 4% or $157,835 at 6%; with 100% employer match about $177,565 at 4% or $118,376 at 6%.
Tax Credits Inc. 401K Plan & Trust-6$560,739$85,231$14,205iApproximate average salary by contribution assumption: employee only about $355,129 at 4% or $236,753 at 6%; with 50% employer match about $236,753 at 4% or $157,835 at 6%; with 100% employer match about $177,565 at 4% or $118,376 at 6%.
200317$412,476$53,391$7,627iApproximate average salary by contribution assumption: employee only about $190,682 at 4% or $127,121 at 6%; with 50% employer match about $127,121 at 4% or $84,748 at 6%; with 100% employer match about $95,341 at 4% or $63,561 at 6%.
Tax Credits Inc. 401K Plan & Trust-7$412,476$53,391$7,627iApproximate average salary by contribution assumption: employee only about $190,682 at 4% or $127,121 at 6%; with 50% employer match about $127,121 at 4% or $84,748 at 6%; with 100% employer match about $95,341 at 4% or $63,561 at 6%.
2002110$269,052$75,604$7,560iApproximate average salary by contribution assumption: employee only about $189,010 at 4% or $126,007 at 6%; with 50% employer match about $126,007 at 4% or $84,004 at 6%; with 100% employer match about $94,505 at 4% or $63,003 at 6%.
Tax Credits Inc. 401K Plan & Trust-10$269,052$75,604$7,560iApproximate average salary by contribution assumption: employee only about $189,010 at 4% or $126,007 at 6%; with 50% employer match about $126,007 at 4% or $84,004 at 6%; with 100% employer match about $94,505 at 4% or $63,003 at 6%.
2001112$264,236$110,915$9,243iApproximate average salary by contribution assumption: employee only about $231,073 at 4% or $154,049 at 6%; with 50% employer match about $154,049 at 4% or $102,699 at 6%; with 100% employer match about $115,536 at 4% or $77,024 at 6%.
Tax Credits Inc. 401K Plan & Trust-12$264,236$110,915$9,243iApproximate average salary by contribution assumption: employee only about $231,073 at 4% or $154,049 at 6%; with 50% employer match about $154,049 at 4% or $102,699 at 6%; with 100% employer match about $115,536 at 4% or $77,024 at 6%.
200019$206,893$83,994$9,333iApproximate average salary by contribution assumption: employee only about $233,317 at 4% or $155,544 at 6%; with 50% employer match about $155,544 at 4% or $103,696 at 6%; with 100% employer match about $116,658 at 4% or $77,772 at 6%.
Tax Credits Inc. 401K Plan & TrustCurrent9$206,893$83,994$9,333iApproximate average salary by contribution assumption: employee only about $233,317 at 4% or $155,544 at 6%; with 50% employer match about $155,544 at 4% or $103,696 at 6%; with 100% employer match about $116,658 at 4% or $77,772 at 6%.
199917$207,381$72,369$10,338iApproximate average salary by contribution assumption: employee only about $258,461 at 4% or $172,307 at 6%; with 50% employer match about $172,307 at 4% or $114,871 at 6%; with 100% employer match about $129,230 at 4% or $86,154 at 6%.
Tax Credits Inc. 401K Plan & Trust-7$207,381$72,369$10,338iApproximate average salary by contribution assumption: employee only about $258,461 at 4% or $172,307 at 6%; with 50% employer match about $172,307 at 4% or $114,871 at 6%; with 100% employer match about $129,230 at 4% or $86,154 at 6%.
Schedule Details

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$206,893-$488 change

Balance Sheet

Beginning and end of plan year.

Total assets$207,381$206,893Decrease -$488 (-0.24%)
Total liabilities$0$0No change $0
Net assets$207,381$206,893Decrease -$488 (-0.24%)

Contributions

Employer contributions$54,317
Participant contributions$29,677
Other contributions$0

Income & Expenses

Total income$70,025
Total expenses$70,513
Net income$-488
Source fields
Schedule I source fields
Filing Id
84037353473271
Schedule I EIN
47-0802103
Schedule I Plan Num
001
Schedule I Plan Year Begin Date
2000-01-01
Schedule I Tax Period
20001231
Small plan total assets at beginning of year
$207,381
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$207,381
Small plan total assets at end of year
$206,893
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$206,893
Small plan employer contributions
$54,317
Small plan participant contributions
$29,677
Small Oth Contribution Rcvd Amount
$0
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$-13,969
Small plan total income
$70,025
Small plan total benefit distributions
$70,513
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$0
Small plan total expenses
$70,513
Small plan net income or loss
$-488
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
No
Small Mortg Participants End of year Amount
$0
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
$100,000
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
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 EIN91-0675641

Transfers

Distributed property value$0
Schedule R source fields
Payor 91-0675641
Filing Id
84037353473271
Schedule R EIN
47-0802103
Schedule R Plan number
001
Schedule R Plan Year Begin Date
2000-01-01
Schedule R Tax Period
20001231
Pension Value Dstrb Pd Property Amount
$0
Pension payor EIN
91-0675641
Pension Employer Contribution Rqr Amount
$0
Pension Employer Contribution Paid Amount
$0
Pension Funding Deficiency Amount
$0