Civic Intelligence
Filing

Microsource Inc. 401K Profit Sharing Plan

Microsource Inc. • EIN 75-2370241 • Plan year 1999

Company ProfileSource Archive
Filing Insights

Participants

Up

13 → 15

2 • 15.38%

Assets

Up

$117,181 → $165,846

$48,665 • 41.53%

Investment Management Fee

-

Admin expenses - • Total expenses $17,842

Filing Details

Context
Net investment result
$48,665
Pension payor EIN
43-1760645

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
200310$0$4,253-
Microsource Inc. 401K Profit Sharing Plan-0-$4,253-
200219$0$0-
Microsource Inc. 401K Profit Sharing Plan-9---
2001110$0$0-
Microsource Inc. 401K Profit Sharing Plan-10---
2000115$201,733$40,295$2,686iApproximate average salary by contribution assumption: employee only about $67,158 at 4% or $44,772 at 6%; with 50% employer match about $44,772 at 4% or $29,848 at 6%; with 100% employer match about $33,579 at 4% or $22,386 at 6%.
Microsource Inc. 401K Profit Sharing Plan-15$201,733$40,295$2,686iApproximate average salary by contribution assumption: employee only about $67,158 at 4% or $44,772 at 6%; with 50% employer match about $44,772 at 4% or $29,848 at 6%; with 100% employer match about $33,579 at 4% or $22,386 at 6%.
1999115$165,846$33,961$2,264iApproximate average salary by contribution assumption: employee only about $56,602 at 4% or $37,734 at 6%; with 50% employer match about $37,734 at 4% or $25,156 at 6%; with 100% employer match about $28,301 at 4% or $18,867 at 6%.
Microsource Inc. 401K Profit Sharing PlanCurrent15$165,846$33,961$2,264iApproximate average salary by contribution assumption: employee only about $56,602 at 4% or $37,734 at 6%; with 50% employer match about $37,734 at 4% or $25,156 at 6%; with 100% employer match about $28,301 at 4% or $18,867 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$165,846$48,665 change

Balance Sheet

Beginning and end of plan year.

Total assets$117,181$165,846Increase +$48,665 (41.53%)
Total liabilities$0$0No change $0
Net assets$117,181$165,846Increase +$48,665 (41.53%)

Contributions

Employer contributions$1,346
Participant contributions$32,615
Other contributions$0

Income & Expenses

Total income$66,507
Total expenses$17,842
Net income$48,665
Source fields
Schedule I source fields
Filing Id
56037064200541
Schedule I EIN
75-2370241
Schedule I Plan Num
001
Schedule I Plan Year Begin Date
1999-01-01
Schedule I Tax Period
19991231
Small plan total assets at beginning of year
$117,181
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$117,181
Small plan total assets at end of year
$165,846
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$165,846
Small plan employer contributions
$1,346
Small plan participant contributions
$32,615
Small Oth Contribution Rcvd Amount
$0
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$32,546
Small plan total income
$66,507
Small plan total benefit distributions
$17,462
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$380
Small plan total expenses
$17,842
Small plan net income or loss
$48,665
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
$7,746
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
$20,000
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
Yes
Small 20 Percent Sngl Investment Amount
$118,706
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 EIN43-1760645

Transfers

Distributed property value$0
Schedule R source fields
Payor 43-1760645
Filing Id
56037064200541
Schedule R EIN
75-2370241
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
43-1760645
Pension Employer Contribution Rqr Amount
$0
Pension Employer Contribution Paid Amount
$0
Pension Funding Deficiency Amount
$0