Fidelity bond in place
Yes
Filing
Softek Inc. 401(K)/Profit Sharing Plan
Softek Inc. • EIN 66-0489670 • Plan year 2000
Filing Insights
Participants
Up16 → 28
12 • 75.00%
Assets
Up$23,579 → $59,795
$36,216 • 153.59%
Investment Management Fee
-
Admin expenses - • Total expenses $574
Filing Details
Context- Net investment result
- $36,226
- Pension payor EIN
- 66-0489670
Status Flags
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2021 | 1 | 8 | $9,751 | $0 | - |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 8 | $9,751 | - | - |
| 2020 | 1 | 8 | $9,068 | $0 | - |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 8 | $9,068 | - | - |
| 2019 | 1 | 6 | $7,931 | $0 | - |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 6 | $7,931 | - | - |
| 2018 | 1 | 57 | $1,462,844 | $55,953 | $982iApproximate average salary by contribution assumption: employee only about $24,541 at 4% or $16,361 at 6%; with 50% employer match about $16,361 at 4% or $10,907 at 6%; with 100% employer match about $12,270 at 4% or $8,180 at 6%. |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 57 | $1,462,844 | $55,953 | $982iApproximate average salary by contribution assumption: employee only about $24,541 at 4% or $16,361 at 6%; with 50% employer match about $16,361 at 4% or $10,907 at 6%; with 100% employer match about $12,270 at 4% or $8,180 at 6%. |
| 2017 | 1 | 37 | $2,072,401 | $259,149 | $7,004iApproximate average salary by contribution assumption: employee only about $175,101 at 4% or $116,734 at 6%; with 50% employer match about $116,734 at 4% or $77,823 at 6%; with 100% employer match about $87,550 at 4% or $58,367 at 6%. |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 37 | $2,072,401 | $259,149 | $7,004iApproximate average salary by contribution assumption: employee only about $175,101 at 4% or $116,734 at 6%; with 50% employer match about $116,734 at 4% or $77,823 at 6%; with 100% employer match about $87,550 at 4% or $58,367 at 6%. |
| 2016 | 1 | 69 | $1,626,374 | $187,715 | $2,721iApproximate average salary by contribution assumption: employee only about $68,013 at 4% or $45,342 at 6%; with 50% employer match about $45,342 at 4% or $30,228 at 6%; with 100% employer match about $34,006 at 4% or $22,671 at 6%. |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 69 | $1,626,374 | $187,715 | $2,721iApproximate average salary by contribution assumption: employee only about $68,013 at 4% or $45,342 at 6%; with 50% employer match about $45,342 at 4% or $30,228 at 6%; with 100% employer match about $34,006 at 4% or $22,671 at 6%. |
| 2015 | 1 | 68 | $1,391,750 | $254,737 | $3,746iApproximate average salary by contribution assumption: employee only about $93,653 at 4% or $62,436 at 6%; with 50% employer match about $62,436 at 4% or $41,624 at 6%; with 100% employer match about $46,827 at 4% or $31,218 at 6%. |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 68 | $1,391,750 | $254,737 | $3,746iApproximate average salary by contribution assumption: employee only about $93,653 at 4% or $62,436 at 6%; with 50% employer match about $62,436 at 4% or $41,624 at 6%; with 100% employer match about $46,827 at 4% or $31,218 at 6%. |
| 2014 | 1 | 85 | $1,236,556 | $189,449 | $2,229iApproximate average salary by contribution assumption: employee only about $55,720 at 4% or $37,147 at 6%; with 50% employer match about $37,147 at 4% or $24,765 at 6%; with 100% employer match about $27,860 at 4% or $18,573 at 6%. |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 85 | $1,236,556 | $189,449 | $2,229iApproximate average salary by contribution assumption: employee only about $55,720 at 4% or $37,147 at 6%; with 50% employer match about $37,147 at 4% or $24,765 at 6%; with 100% employer match about $27,860 at 4% or $18,573 at 6%. |
| 2013 | 1 | 70 | $1,021,136 | $157,222 | $2,246iApproximate average salary by contribution assumption: employee only about $56,151 at 4% or $37,434 at 6%; with 50% employer match about $37,434 at 4% or $24,956 at 6%; with 100% employer match about $28,075 at 4% or $18,717 at 6%. |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 70 | $1,021,136 | $157,222 | $2,246iApproximate average salary by contribution assumption: employee only about $56,151 at 4% or $37,434 at 6%; with 50% employer match about $37,434 at 4% or $24,956 at 6%; with 100% employer match about $28,075 at 4% or $18,717 at 6%. |
| 2012 | 1 | 59 | $767,880 | $117,367 | $1,989iApproximate average salary by contribution assumption: employee only about $49,732 at 4% or $33,155 at 6%; with 50% employer match about $33,155 at 4% or $22,103 at 6%; with 100% employer match about $24,866 at 4% or $16,577 at 6%. |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 59 | $767,880 | $117,367 | $1,989iApproximate average salary by contribution assumption: employee only about $49,732 at 4% or $33,155 at 6%; with 50% employer match about $33,155 at 4% or $22,103 at 6%; with 100% employer match about $24,866 at 4% or $16,577 at 6%. |
| 2011 | 1 | 51 | $632,515 | $86,609 | $1,698iApproximate average salary by contribution assumption: employee only about $42,455 at 4% or $28,304 at 6%; with 50% employer match about $28,304 at 4% or $18,869 at 6%; with 100% employer match about $21,228 at 4% or $14,152 at 6%. |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 51 | $632,515 | $86,609 | $1,698iApproximate average salary by contribution assumption: employee only about $42,455 at 4% or $28,304 at 6%; with 50% employer match about $28,304 at 4% or $18,869 at 6%; with 100% employer match about $21,228 at 4% or $14,152 at 6%. |
| 2010 | 1 | 48 | $608,641 | $65,860 | $1,372iApproximate average salary by contribution assumption: employee only about $34,302 at 4% or $22,868 at 6%; with 50% employer match about $22,868 at 4% or $15,245 at 6%; with 100% employer match about $17,151 at 4% or $11,434 at 6%. |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 48 | $608,641 | $65,860 | $1,372iApproximate average salary by contribution assumption: employee only about $34,302 at 4% or $22,868 at 6%; with 50% employer match about $22,868 at 4% or $15,245 at 6%; with 100% employer match about $17,151 at 4% or $11,434 at 6%. |
| 2009 | 1 | 47 | $509,715 | $52,327 | $1,113iApproximate average salary by contribution assumption: employee only about $27,834 at 4% or $18,556 at 6%; with 50% employer match about $18,556 at 4% or $12,370 at 6%; with 100% employer match about $13,917 at 4% or $9,278 at 6%. |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 47 | $509,715 | $52,327 | $1,113iApproximate average salary by contribution assumption: employee only about $27,834 at 4% or $18,556 at 6%; with 50% employer match about $18,556 at 4% or $12,370 at 6%; with 100% employer match about $13,917 at 4% or $9,278 at 6%. |
| 2008 | 1 | 28 | $410,529 | $63,715 | $2,276iApproximate average salary by contribution assumption: employee only about $56,888 at 4% or $37,926 at 6%; with 50% employer match about $37,926 at 4% or $25,284 at 6%; with 100% employer match about $28,444 at 4% or $18,963 at 6%. |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 28 | $410,529 | $63,715 | $2,276iApproximate average salary by contribution assumption: employee only about $56,888 at 4% or $37,926 at 6%; with 50% employer match about $37,926 at 4% or $25,284 at 6%; with 100% employer match about $28,444 at 4% or $18,963 at 6%. |
| 2007 | 1 | 33 | $0 | $0 | - |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 33 | - | - | - |
| 2006 | 1 | 51 | $565,851 | $124,817 | $2,447iApproximate average salary by contribution assumption: employee only about $61,185 at 4% or $40,790 at 6%; with 50% employer match about $40,790 at 4% or $27,193 at 6%; with 100% employer match about $30,592 at 4% or $20,395 at 6%. |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 51 | $565,851 | $124,817 | $2,447iApproximate average salary by contribution assumption: employee only about $61,185 at 4% or $40,790 at 6%; with 50% employer match about $40,790 at 4% or $27,193 at 6%; with 100% employer match about $30,592 at 4% or $20,395 at 6%. |
| 2005 | 1 | 95 | $414,748 | $118,907 | $1,252iApproximate average salary by contribution assumption: employee only about $31,291 at 4% or $20,861 at 6%; with 50% employer match about $20,861 at 4% or $13,907 at 6%; with 100% employer match about $15,646 at 4% or $10,430 at 6%. |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 95 | $414,748 | $118,907 | $1,252iApproximate average salary by contribution assumption: employee only about $31,291 at 4% or $20,861 at 6%; with 50% employer match about $20,861 at 4% or $13,907 at 6%; with 100% employer match about $15,646 at 4% or $10,430 at 6%. |
| 2004 | 1 | 0 | $0 | $46,529 | - |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 0 | - | $46,529 | - |
| 2003 | 1 | 28 | $0 | $0 | - |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 28 | - | - | - |
| 2002 | 1 | 24 | $149,958 | $65,280 | $2,720iApproximate average salary by contribution assumption: employee only about $68,000 at 4% or $45,333 at 6%; with 50% employer match about $45,333 at 4% or $30,222 at 6%; with 100% employer match about $34,000 at 4% or $22,667 at 6%. |
| Softek Inc. 401(K)/Profit Sharing Plan | - | 24 | $149,958 | $65,280 | $2,720iApproximate average salary by contribution assumption: employee only about $68,000 at 4% or $45,333 at 6%; with 50% employer match about $45,333 at 4% or $30,222 at 6%; with 100% employer match about $34,000 at 4% or $22,667 at 6%. |
| 2000 | 1 | 28 | $59,795 | $50,700 | $1,811iApproximate average salary by contribution assumption: employee only about $45,268 at 4% or $30,179 at 6%; with 50% employer match about $30,179 at 4% or $20,119 at 6%; with 100% employer match about $22,634 at 4% or $15,089 at 6%. |
| Softek Inc. 401(K)/Profit Sharing Plan | Current | 28 | $59,795 | $50,700 | $1,811iApproximate average salary by contribution assumption: employee only about $45,268 at 4% or $30,179 at 6%; with 50% employer match about $30,179 at 4% or $20,119 at 6%; with 100% employer match about $22,634 at 4% or $15,089 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$59,795$36,216 change
Balance Sheet
Beginning and end of plan year.
Total assets$23,579$59,795Increase +$36,216 (153.59%)
Total liabilities$0$0No change $0
Net assets$23,579$59,795Increase +$36,216 (153.59%)
Contributions
Employer contributions$50,700
Participant contributions$0
Other contributions$0
Income & Expenses
Total income$36,800
Total expenses$574
Net income$36,226
Source fields
- Schedule I source fields
- Filing Id
- 84037031026542
- Schedule I EIN
- 66-0489670
- 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
- $23,579
- Small plan total liabilities at beginning of year
- $0
- Small plan net assets at beginning of year
- $23,579
- Small plan total assets at end of year
- $59,795
- Small plan total liabilities at end of year
- $0
- Small plan net assets at end of year
- $59,795
- Small plan employer contributions
- $50,700
- Small plan participant contributions
- $0
- Small Oth Contribution Rcvd Amount
- $0
- Small Non Cash Contribution Bs Amount
- $0
- Small Other Income Amount
- $-13,900
- Small plan total income
- $36,800
- Small plan total benefit distributions
- $0
- Small Corrective Distribution Amount
- $574
- Small Dm Dstrb Ptcp Ln A
- 0
- Small Oth Expenses Amount
- $0
- Small plan total expenses
- $574
- Small plan net income or loss
- $36,226
- 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
- $0
- 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 EIN66-0489670
Transfers
Distributed property value$0
Schedule R source fields
- Payor 66-0489670
- Filing Id
- 84037031026542
- Schedule R EIN
- 66-0489670
- 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
- 66-0489670
- Pension Employer Contribution Rqr Amount
- $0
- Pension Employer Contribution Paid Amount
- $0
- Pension Funding Deficiency Amount
- $0