Civic Intelligence
Filing

Biap Systems 401K Profit Sharing Plan

Biap Systems • EIN 76-0437313 • Plan year 2002

Company ProfileSource Archive
Filing Insights

Participants

Down

44 → 34

-10 • -22.73%

Assets

Up

$339,665 → $570,604

$230,939 • 67.99%

Investment Management Fee

-

Admin expenses - • Total expenses $12,470

Filing Details

Context
Net investment result
$230,939

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
2005154$1,468,100$313,451$5,805iApproximate average salary by contribution assumption: employee only about $145,116 at 4% or $96,744 at 6%; with 50% employer match about $96,744 at 4% or $64,496 at 6%; with 100% employer match about $72,558 at 4% or $48,372 at 6%.
Biap Systems 401K Profit Sharing Plan-54$1,468,100$313,451$5,805iApproximate average salary by contribution assumption: employee only about $145,116 at 4% or $96,744 at 6%; with 50% employer match about $96,744 at 4% or $64,496 at 6%; with 100% employer match about $72,558 at 4% or $48,372 at 6%.
2004135$1,026,586$206,742$5,907iApproximate average salary by contribution assumption: employee only about $147,673 at 4% or $98,449 at 6%; with 50% employer match about $98,449 at 4% or $65,632 at 6%; with 100% employer match about $73,836 at 4% or $49,224 at 6%.
Biap Systems 401K Profit Sharing Plan-35$1,026,586$206,742$5,907iApproximate average salary by contribution assumption: employee only about $147,673 at 4% or $98,449 at 6%; with 50% employer match about $98,449 at 4% or $65,632 at 6%; with 100% employer match about $73,836 at 4% or $49,224 at 6%.
2003121$738,288$147,962$7,046iApproximate average salary by contribution assumption: employee only about $176,145 at 4% or $117,430 at 6%; with 50% employer match about $117,430 at 4% or $78,287 at 6%; with 100% employer match about $88,073 at 4% or $58,715 at 6%.
Biap Systems 401K Profit Sharing Plan-21$738,288$147,962$7,046iApproximate average salary by contribution assumption: employee only about $176,145 at 4% or $117,430 at 6%; with 50% employer match about $117,430 at 4% or $78,287 at 6%; with 100% employer match about $88,073 at 4% or $58,715 at 6%.
2002134$570,604$265,130$7,798iApproximate average salary by contribution assumption: employee only about $194,949 at 4% or $129,966 at 6%; with 50% employer match about $129,966 at 4% or $86,644 at 6%; with 100% employer match about $97,474 at 4% or $64,983 at 6%.
Biap Systems 401K Profit Sharing PlanCurrent34$570,604$265,130$7,798iApproximate average salary by contribution assumption: employee only about $194,949 at 4% or $129,966 at 6%; with 50% employer match about $129,966 at 4% or $86,644 at 6%; with 100% employer match about $97,474 at 4% or $64,983 at 6%.
2001124$0$0-
Biap Systems 401K Profit Sharing Plan-24---
2000112$0$0-
Biap Systems 401K Profit Sharing Plan-12---
199916$91,068$91,059$15,177iApproximate average salary by contribution assumption: employee only about $379,413 at 4% or $252,942 at 6%; with 50% employer match about $252,942 at 4% or $168,628 at 6%; with 100% employer match about $189,706 at 4% or $126,471 at 6%.
Biap Systems 401K Profit Sharing Plan-6$91,068$91,059$15,177iApproximate average salary by contribution assumption: employee only about $379,413 at 4% or $252,942 at 6%; with 50% employer match about $252,942 at 4% or $168,628 at 6%; with 100% employer match about $189,706 at 4% or $126,471 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$570,604$230,939 change

Balance Sheet

Beginning and end of plan year.

Total assets$339,665$570,604Increase +$230,939 (67.99%)
Total liabilities$0$0No change $0
Net assets$339,665$570,604Increase +$230,939 (67.99%)

Contributions

Employer contributions$0
Participant contributions$202,504
Other contributions$62,626

Income & Expenses

Total income$243,409
Total expenses$12,470
Net income$230,939
Source fields
Schedule I source fields
Filing Id
91037036288564
Schedule I EIN
76-0437313
Schedule I Plan Num
001
Schedule I Plan Year Begin Date
2002-01-01
Schedule I Tax Period
20021231
Small plan total assets at beginning of year
$339,665
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$339,665
Small plan total assets at end of year
$570,604
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$570,604
Small plan employer contributions
$0
Small plan participant contributions
$202,504
Small Oth Contribution Rcvd Amount
$62,626
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$-21,721
Small plan total income
$243,409
Small plan total benefit distributions
$12,470
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$0
Small plan total expenses
$12,470
Small plan net income or loss
$230,939
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
$8,375
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
$69,000
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
Biap Systems 401K Profit Sharing Plan | Biap Systems | Plan 001 | 2002 Form 5500 Filing